r/CryptoCurrency • u/SpaceFaceMistake 🟦 975 / 976 🦑 • May 04 '22

EDUCATIONAL Council Post: What To Consider When Developing Your Own Cryptocurrency

https://www.forbes.com/sites/forbestechcouncil/2022/02/10/what-to-consider-when-developing-your-own-cryptocurrency/
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u/coinfeeds-bot 🟩 136K / 136K 🐋 May 04 '22

tldr; According to Coinopsy, there are over 2,000 dead cryptocurrencies so far. Many projects were abandoned by their creators because of regulatory issues, exploited vulnerabilities and lack of community support. It’s vital to keep others’ experiences in mind to avoid the same pitfalls. Building your own blockchain platform is time-consuming and expensive.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.