Post
Topic
Board Altcoin Discussion
Re: The way things are going with new crypto is worrisome
by
uelque
on 15/04/2022, 11:53:22 UTC
Almost everyone I knew now creates their own tokens  Grin these guys aren't even crypto developers to begin with, they have no coding experience or knowledge now this makes me worry, imagine how many crypto tokens that are created by inexperienced personal, I think we need to buckle up for there will be huge rain of scam tokens upon us than what we've seen before...... Sigh! I wish that only few qualified people knew how to build blockchain projects.

Yeah there are plenty of them who can create tokens without even a single knowledge of coding or solidity. It is mainly because the source code of any smart contracts are public and so most people can easily copy the source code and just pay small fees to create a token. That is the reason why most scam contracts are the same from up to end. And we can't do anything about that because that is how things work here.

The only thing we can do is be wise with our investments and choose properly a project that has the potential and having the team exposed to the public and not just a token that was made by anonymous group of people.