Why so many alt coins?

[Domithra]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

[spatialiste]

You have to think that ethereum with contract smarts allowed everyone to create an ERC 20 token, no need to be a developer or engineer.

The number of these tokens increases from day to day and sometimes we get lost a little bit, but we have to go through, this is the revolution of the blockchain and everyone must take part in it !

[icol333]

Yes, that's why we need to evaluate each of the given information by the project's ICO with carefully. But even tho' the project is promising, it does not rule out the possibility of being a fraud/scammy, so they need to be evaluated with what we called advisors.
And if the advisors have a pretty good history/experience, we can only hope that the investment we've made will be successful.

[linkdefeu]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

Hello.
You right.
Everyone must be carefully with ICO. Like you said, so many poor project is created and became scam.
But ICO is a gamble, and we must see ICO like that (i think).

And like Spatialiste said : "this is the revolution of the blockchain and everyone must take part in it !"
And it's really true. The revolution is in front of us 

[HBKMusiK]

It is true that several alt coins abounds in recent times and every coin created has its goal. Most of these coins are created by inexperienced developers who do not have much innovative ideas to bring something new to the world. They turn out to copy the ideas of other projects and deliver poor services. In the long run, their coins devalue on the market.
This is the main reason why you need to study well a project or ICO especially its team members and the purpose of the coin before investing.

Because of the trend, some people just want to scam, some provide a nice project to raise your income, some just are not enough for the market..

[Chuck]

It's hard to find perspective project today. There is arround 10 ICO per day! Currently I follow one project called Nebula Network, it's decentralized storage cloud with emission mechanism tied to the supply. Thanks of it it's rock stable and independent from BTC.

[Raboni]

That's true. Not all coins will survive along the way for tomorrow's success. In fact scammers are good to do that kind of scenario. They copy and paste the original in order to victims someone without ideas about the reality. At the end the victim's will become regretful why and why and why every moments are why. Much better to study first to make sure not to fall in losses.

[julliandrey]

yes there are many altcoins now some are good and some are not which is the scammers and u must be wiser to invest in coins that u want .. so that u may not be scammed and regret in investing

[TERMINO]

Many altcoins due to the demand of the new system of our environment. Life in the past century was different in our time so basically there is a big gap of needs before and today. Now we deal the virtual world so it means we should expect that there will be huge altcoins in our time because people have so many needs and wants nowadays.

[Breadwinner]

Every dev has seen that that's where the earth is moving to and so they should move there too. It has become so profitable in such a way that if you don't even succeed you still have some ETH for yourself and this has led to many scam projects 

[altery0518]

Every dev has seen that that's where the earth is moving to and so they should move there too. It has become so profitable in such a way that if you don't even succeed you still have some ETH for yourself and this has led to many scam projects

some reason why many altcoins introduce in the market its because some company are making their own coins to introduce or advertise their company in the world market.

[icol333]

Every dev has seen that that's where the earth is moving to and so they should move there too. It has become so profitable in such a way that if you don't even succeed you still have some ETH for yourself and this has led to many scam projects

That's why we should play carefully before jumping into investing in the ICOs, as they were a lot of reports regarding to the scammy ICOs.

[owmivmen]

the more technology is developing more and more new invention and formed ICO project as the latest innovation to help human life. and finally the project gets good sales and new tokens are formed every year.

[icol333]

the more technology is developing more and more new invention and formed ICO project as the latest innovation to help human life. and finally the project gets good sales and new tokens are formed every year.

Yup, but the continuity of the token depends on the core team of the project too. If the team themselves are not dedicated to the project fully, so their tokens would not last long at the market and the project itself becomes useless.

[carcas]

Because ilo project in this year very much and many hardfork happened like bcd, btg and others