Post
Topic
Board Altcoin Discussion
Re: Do people still create new ERC20 tokens/projects nowadays?
by
angrybirdy
on 05/12/2019, 05:29:30 UTC
- snip -  
Almost all new projects still runs on erc20 smart contract but the problem is scammers use the smart contract the most nowadays, that is why many believe or called erc20 scam blockchain

not now mate . most new projects right now are have been made under eos and tron but eth projects were now slowly declining maybe because of the ico controversy and add in the state of eth and other cryptos such as altcoins that are also going down   . sure many scamers are using erc20 coins like on ico for example but this does not mean that its the erc20's fault or the eth fault on why they got scammed  and no one also blame those platforms  but they only blame the project that scammed them  .
yes, due to the massive number of scam projects created during these past few years, the effect of it to erc20 smart contract is really huge. The creation of tokens using this contract suddenly declines because of the said reason.
Indeed, it is not their fault since smart contract is just being used as their core, but they somehow created a mistake since they don't secure their possible users once the token creation was done. They should take an action plan for this because it affects not only their platform but each and every one of us.