Post
Topic
Board Altcoin Discussion
Re: Reality of tokens
by
TanakabZX
on 14/11/2019, 06:14:48 UTC
So regarding the fact that what it takes to create a token for example an ERC 20, i ahve found a gig on Fiverr.
Check the link.
https://www.fiverr.com/wedowo/create-your-ico-website-and-erc20-token?context_referrer=search_gigs&source=top-bar&ref_ctx_id=34a69322-cdbf-40a4-98e6-b9f51a1be52f&pckg_id=1&pos=3&context_type=auto&funnel=657f18cb-30b9-4ede-a7f7-139b402768ed

Seller is creating an ICO website as well as the token for just 50$. So your basic invetsment is 50$, Now you just need to do marketing by just making a telegram group and launching a scam bounty scheme and give members greed to give 10% commissions. And you are ready to scam people.
People choose these scammers to scam them and thats all. Not saying that all of the tokens are of this type but most of them are of indeed.
That's the facts about tokens, they are easier as building an HYIP website, this is why we keep seeing many fake projects in crypto space, every single bounty project i see are tokens that is why many of them are failing, i prefer new coin projects over tokens e.g tecra coin or veil project, they are not running on erc20