Topic: Altcoin or Token (Read 423 times)
Of course I will choose Alternative crryptocurrencies which are more reliable and valuable than quite empty tokens in this competition. Altcoins are stronger much more.
Altcoins, of course. They are much more valuable when token couldn't be used everywhere you want. Alternative cryptocurrencies give more chances for moves.
You must make research of market and decide what to do. There are a lot of teams and projects with amazing ideas, but who need them? Too many ideas, ICOs, tokens...
You should try with tokens first, it saves your time as you don't need to write the code from the scratch rather you pick up an existing template and choose the platform where you will be making your tokens and then you are good to go. You need to offer these tokens during your crowdsale and presale.
You will find altcoins in the cryptocurrency market which is next to Bitcoin, it is being called altcoin which means alternative coin besides the real coin which is Bitcoin. Altcoins has a value in the market which you can also invest for long-term or short-term investment. Tokens are given once a bounty campaign succeed and you can actually exchange it with altcoins/bitcoin if you know how the process.
In my own opinion altcoin is way better because they already have a value or let me say they already have market liquidate which will make it easier for your project and for your investors, so I will prefer altcoin.
The choice should be based on the concept of your project. If you are able to help people by solving their problems through you ICO it will definitely become popular and to fund your concept you should definitely start with tokens. Creating your own token is a much easier process. You just need to follow a standard template on the blockchain and create them.
You didn't start the discussion with a complete detail enough to have a clear solution, I assume. Though, We can suggest you as per our experience. I suggest you go for altcoin at first, as it is more reliable for everyone. Tokens are fully indulged with scams, so people don't rely on those tokens which are not being reviewed before. It will be better to kickstart your project with Altcoins and when you get a real feedback you may launch tokens.
I think you should really know about the project you are making, for the use of tokens or altcoin I think you should be able to use the tokens that you have obtained through investors and of course will invite investors.
You can use Altcoin or Token also but I think using altcoin is more simple than Token. I wishes you and your team will chose the best option for your project.
I think we will choose altcoin because we will also more easily get a good profit in the future, because the development of altcoin every day also grows better.
It does not really matter which ones we pick. Tokens give rewards if we find a good ICO project with it and altcoins give return on investment if we pick the right coin. So, it all boils down to how strategic we are.
I think Altcoin is an easier way than tokens, in this way you have to choose some altcoins which have more amount of cryptocurrency. Those coins are not be unlisted by any exchanges.
Though I am a newbie in crypto world then again I would say using of token and alt coin actually depends on your project. Tokens are issued on ICO. Again tokens are the alternative of bit coin.
If you have a good strategy then I think you can be successful by using both. But if I am in your position maybe I will go for altcoin. If you find a good one maybe it will maximize your profit.
You should share your idea here then maybe all could help you with the suggestions that which one will be preferable based on your project.
Why not both? The concept of smart contracts/ICO/erc-20 mixed with POW/POS/PO-X blockchain iterations isn't exactly new and some projects have already done this. It makes sense to do something like this where you include various technologies so that it is more interesting to several interests. Think about it, not only do you get investors that have their eyeballs on new ICOs but you could also reach a wider audience of people who may mine POW or otherwise purchase coin assets on exchange markets.
I also agree with your suggestion but I think he you need to first state the idea of the project and analyze what will be done for you to achieve your aim because it is mot just about starting an ico but how potential the project will be.
The coin or token never determined the success of your project or gather public attention. Almost everything depends on the idea of your project and how skilled team you have to make this useful.
According to your idea i think altcoin is the best option. You have to just choose you altcoin carefully.
i appriciate your idea. From my opinion if you use altcoin instead of tokens i think it would be best.
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