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Author Topic: Will you choose a token on the NEO or ERC20 platform?  (Read 1717 times)

Offline pokxon

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Will you choose a token on the NEO or ERC20 platform?
« on: July 09, 2018, 06:50:05 PM »
I have a point of view like this:
- If a project develops on the NEO platform, then they have to spend about $ 500 GAS around 5-6k $ and these projects are very popular. In addition, the project team will work seriously. The majority of projects like this are not easy to become garbage
- Projects that are developed on the basis of ERC20 are now too much and that distorts the market. While making a smart contract on ETH Network is extremely easy and cost only $ 1. This is too easy to create phishing projects.
I will prioritize a project developed on the NEO platform instead of a project on the ERC20
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Will you choose a token on the NEO or ERC20 platform?
« on: July 09, 2018, 06:50:05 PM »

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Offline tamango

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #1 on: July 09, 2018, 08:05:30 PM »
I fully agree with your thoughts... there is too garbage and scam or simply projects that haven't nothing concrete on ETH blockchain now
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Offline CryptoZenWorld

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #2 on: July 09, 2018, 08:21:12 PM »
I totally disagree with your opinion. This is not how we can blame ERC20 platform. This is a great opportunity that anyone can launch a project with low cost by ERC20 platform through smart contract. And there is also lots of costs to make the ICO successful which is 5x more than having a smart contract. Like, building website based on blockchain and also promotional cost bla bla...So, it is not that much easy as we think.

So, In my view ERC20 in best for a smart contract.

Thanks
« Last Edit: July 09, 2018, 11:12:48 PM by Tusherk800 »
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Offline flik8888

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #3 on: July 09, 2018, 09:36:53 PM »
At the beginning I bought token on the Ethereum network but lately I'm getting interested in the blockchain NEO and I'm interested in various projects, including Spotcoin. In this article, it's explaines the Spotcoin’s place in the NEO universe: https://medium.com/spotcoin/spotcoins-place-in-the-neo-universe-9c6688696c23

Offline altcoingamer

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #4 on: July 09, 2018, 10:09:22 PM »
NEO has a high cost for creating tokens on their platform so the tokens are much less likely to be a low level scam.. but tokens for either project can be successful or not all the same.. just slightly less risk of it being an outright scam on NEO's project.

Offline Etrilicious

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #5 on: July 09, 2018, 10:58:47 PM »
I totally agree with you mate And thats one of the reasons spotcoin decided to run on a neo platform.
Read on how Spotcoin will make NEP-5 tokens work for everyone
https://medium.com/spotcoin/spotcoins-place-in-the-neo-universe-9c6688696c23 [nofollow]

Offline flik8888

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #6 on: July 10, 2018, 01:49:09 PM »
NEO has a high cost for creating tokens on their platform so the tokens are much less likely to be a low level scam.. but tokens for either project can be successful or not all the same.. just slightly less risk of it being an outright scam on NEO's project.

I'm agree with you, scam project are possible in both Ethereum and NEO blockchain. But i think that projects on the NEO network are less likely to be scam.
Another great article on Spotcoin project that I would advise you to read: https://medium.com/spotcoin/the-face-and-the-heart-of-spotcoin-our-digital-exchange-and-spotcore-3d686ac1b23f

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #6 on: July 10, 2018, 01:49:09 PM »


Offline damsix

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #7 on: August 18, 2018, 12:02:07 PM »
I agree with you because ERC20 is a lot of garbage tokens.
so that my wallet is full of strange tokens, which I don't know come from...
retire and rest in peace

Offline sibolis

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #8 on: August 18, 2018, 12:17:57 PM »
Interesting.  Since I'm newbie to this, can you give what popular projects is live now in the NEO platform?  Maybe the bounties campaign too.  :D
What about the wallet for this platform, is it the same with ERC20?

Offline Alcor

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #9 on: August 18, 2018, 08:54:50 PM »
I do not agree with your arguments. To assert that ICO projects on the NEO platform are better only on the basis that their smart contracts are more expensive. The ICO teams raise millions and tens of millions of dollars in their projects and even some thousands of dollars does not matter at all.
The ERC-20 tokens based on the ethereum platform are somehow more customary, I always choose to join the ICO on the erhereum platform.

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Offline septian

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #10 on: August 18, 2018, 10:38:26 PM »
I prefer to choose ERC20.
Although it is widely used for fraud, it depends on your own ERC20 security. And don't give your security (ERC20 private key) to fraudsters.

Offline levyashin

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #11 on: August 18, 2018, 10:40:03 PM »
I think too many shitcoins on ethereum network.

Neo projects mostly trying to do something. I think, i would prefer neo.

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #12 on: August 19, 2018, 12:32:56 AM »
I have a point of view like this:
- If a project develops on the NEO platform, then they have to spend about $ 500 GAS around 5-6k $ and these projects are very popular. In addition, the project team will work seriously. The majority of projects like this are not easy to become garbage
- Projects that are developed on the basis of ERC20 are now too much and that distorts the market. While making a smart contract on ETH Network is extremely easy and cost only $ 1. This is too easy to create phishing projects.
I will prioritize a project developed on the NEO platform instead of a project on the ERC20

I personally prefer choose a token on ERC20, I think ERC20 in best for a smart contract.It is my opinion.
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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #13 on: August 19, 2018, 04:04:56 AM »
I have a point of view like this:
- If a project develops on the NEO platform, then they have to spend about $ 500 GAS around 5-6k $ and these projects are very popular. In addition, the project team will work seriously. The majority of projects like this are not easy to become garbage
- Projects that are developed on the basis of ERC20 are now too much and that distorts the market. While making a smart contract on ETH Network is extremely easy and cost only $ 1. This is too easy to create phishing projects.
I will prioritize a project developed on the NEO platform instead of a project on the ERC20


I think I prefer choose ERC20, It is secure. I think It is good for smart contract. It is my opinion.

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Re: Will you choose a token on the NEO or ERC20 platform?
« Reply #14 on: August 20, 2018, 08:04:11 AM »
Projects on the NEO platform have more to become successful than on the Ethereum platform. Neo is a less well-known platform, but already now many projects prefer it.
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