I was wondering if ERC20 tokens are still useful today and if people still create projects around them? I know the ICO 'feast' is kind of over and that was the main purpose people were launching these tokens for.
Greetings to the community,
Liviu
ERC20 projects are still being launched, although the raising of funds are getting difficult for then due to the bad reputation of ICOs for the past two years. It's simple to use than to create their own blockchain. There are few "useful" erc20 tokens like BAT. But many others are not popular in the market.
I guess, the OP knows by now the answer to his question. As you can see also in this forum alone, everyday you can see a new project and the chance that it is under eth is very high. But yes, though they are still creating and launching projects under eth, the raising of their respective funds has no assurance because most of those investors were already burnt for the past 2 years having these ICOs. Yet, they are still taking their chances from those investors.
Definitely true. Project with ERC20 based token are till appearing one sfter another but people are just burnt out to this kind of thing resulting in failing of gathering fund. Most of people have switched over to IEO which majority of them are using the exchanges blockchain. Despite of that the erc20 token from the old days still have its dominance anyway it just time passes and everything is changing slowly.