Do you trust ERC20 tokens?

[DarkTaiga]

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

A project is not just token, it also includes idea, roads, staff, mission and future. You should know that there are many projects whose mission is not about currency, trading, payment. Tokens are just the thing for them to raise capital. Example: Current (media), Photochain (photo), TRON (entertainment),... Because they don't create digital coin, payment system for the future. ERC20 is too enough for them. Scammer usually create ERC20 token to scam everybody. But it doesn't mean that the projects using ERC20 token are scam projects. ERC20 is good technology, why don't we use it?

[honghe99]

Most of ERC20 tokens are worthless, but not all ERC20 tokens are scams. There are also successful ERC20 tokens like EOS.

[Praesidium]

Ofcourse I do, it really depends on what ERC20 you'll choose I support those who are active in their token like they're always updating us and we can see development with that we can say that, that kind of ERC20 will have a future.

[winspiral]

Most of ERC20 tokens are worthless, but not all ERC20 tokens are scams. There are also successful ERC20 tokens like EOS.

You say most of token ERC20 are worthless.

If so you should get them for nothing.

Someone here said:

Token WSPU2 is worth nothing.

This is absolutly wrong.
To get some you have to buy them and the free ones you have to get them under specific conditions.

You can not say a ERC20 token is worth nothing if you do not put them in a Bid Ask system.

[Mihho]

I trust such tokens, because among them there are so many good and successful projects. But I've heard that these tokens have a vulnerability.

[hiwainmoto]

Not all the erc20 tokens are scams,some of these tokens are valuable as theres something that these tokens can be use of.I aint going to say that these are useful tokens as most of these projects are scams,created just to take people's money that is how the world works,greedy people will always launch their ICOs without anything to offer,people should be more aware of these scams to protect their investments.

[Akeeto]

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

it is always a risk brother.. next time dont purchase airdroped token,.. which ebitcoin happened to be... the only legit airdrop i know of is rebel..

[JRDuran]

I trust some bit not all, trusting all ERC20 tokens is not possible because not all of them can give your expectations, so not trusting all of them is just a proper way of making yourself safe from any possibility that can disappoint you.

[Missis S]

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

Ebitcoin has created to be the scam coin. Man, it's your fault because you were not doing any research about that. if you were seeing about the fact we didn't need ebitcoin and it's another crap coin create by a thief.
Credits has done very well to the ico participants. do a lot of research before you are investing in anything.

The choice of the project must be approached responsibly. It is necessary to study the product, idea, team, road map. So the probability of a scam decreases.

[RicardoRicky]

for me the token ERC20 has no problem, which is a constraint when there is an indication of cheating on a project that does not only involve the token ERC20, which means that as long as we can secure the tokens properly then there will be no problem at all. but did not rule out other users also token ERC20.

[LesterD]

not all erc20 is scam, some of it does, but not all of them,you can see erc20 tokens in the market that is so valuable. erc20 or the smart contract is an easy way to make a new coin, that's why it is being used to create even shitcoins.

[sort_cirkit]

Some ICO currently do business, all others are scam. In reality, those who do not have a realistic value are scams. Open your eyes and invest ERC20. I trust ERC20.

[tuansemazi]

I do not think all the ERC20 token is phishing. Statistics released in early 2018, most of the Token released to the market are used on the ERC20 platform. In the future this technology will dominate the market and will be the best platform for developing new Token. There are many good tokens coming up from the ERC20 platform that are important to you to choose a good project.

[Katekuz]

In fact, I do not know how a different company, but Credits can not be a scam, I certainly hope for it, because I have some coins myself

[komatovo]

I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

 By the way a good choice in my opinion

The ERC20 standard is basically a specific set of functions which developers must use in their tokens to make them ERC20 compliant.Most DAPP developers are encouraged to follow the standards to ensure that their tokens can undergo interactions with various wallets, exchanges and smart contracts without any issues. ERC20 tokens have gotten widespread approval and most of the DAPPS sold on ICO’s have tokens based on the ERC20 standard.

[cryptoheroin]

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

Got eBTC too but luckiliy i dumped those tokens as soon as it hits the exchanges,that is why i am not one of those people who got rekt by that scam,erc20 tokens are commonly used by these ICOs that is why most of these tokens are scams as most of the new projects are just created to raise funds ,after the developers got millions in their pocket they will eventually going to abandon the project.

[santiPOGI]

It is not about ERC20 token or what ever it is, maybe NEP5??
well it is not about that! but the potential and the project that the team will go out.
there are so many tokens and coins now and what we must have to know is the project prospect and potential of it.
not that way ok?

[acmakc12]

There are big % of scam, but there are enough good projects too, i think, in the short future, scam icos will disappear

[jeldzrey16]

I say 50/50 im gonna trust them when the project is good, and realistic. Sa sad for all those investors who losses their money on scam tokens.

[Electric4]

Like with everything in Crypto, it really depends on the coin and the team. As far as security, I've read of some tokens that have had flaws. Like the ability for the creator to generate more tokens.