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Topic: Brand completely associated with crypto (Read 348 times)

full member
Activity: 378
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Duelbits.com
November 12, 2023, 05:02:26 AM
#48
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
It's very much possible you can do it, there are people who have lunched certain products to use and promote certain coin but they don't make that coin the sole method of payment because if such is done , not all customers will be comfortable using such payment method, they may result to other options if they happen to find it difficult using that payment method or if they find it not comfortable enough, so it will be better you make option for other payment method but paying with the coin you hope to promote comes with certain discount rates, that way it will attract the attention of others to want to try out the new coin so they could get a discounted rate but solely making that coin as the only means of payment may not be effective enough as it will not be friendly to those who aren't crypto enthusiast thereby reducing the customer base versatility.
sr. member
Activity: 2282
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Cashback 15%
November 06, 2023, 07:29:46 AM
#47
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

That would be a fantastic idea, at least it will bring the payment methods of cryptocurrency into the cosmetic world, though I believe some cosmetic agents must also have their payment platform that have brought in cryptocurrency, but if you are having this inborn idea within you to launch yours,  I will advise you give it to trial. You can make use of any altcoin of your choice that you feel is reliable, as long as it makes the idea come into fruition.

I disagree, this is a bad idea, how many people around the world have adopted at least one cryptocurrency? No one knows the number but this is probably less than 5%, and of those people how many people will hold the altcoin the OP wants to use as an exclusive payment option for their cosmetics and have a need for their product? Without a doubt an amount even lower than that, so when given the option any potential client which may be interested on buying their products will go somewhere else as they are not going to adopt an altcoin just to purchase something they need.
That seems like a bad idea to me, too. Firstly, there are few people in the world who use bitcoin, let alone altcoins. Secondly, every brand should cover a part of what it is created for, for example on food it is plants and animals, cosmetics should show beauty and so on. Few people would want to buy a face cream that symbolises a cryptocurrency, with the difficulty of buying one being that you have to buy a special altcoin somewhere.
jr. member
Activity: 217
Merit: 1
November 06, 2023, 07:20:48 AM
#46
Creating a cosmetic brand tied to crypto has the potential to generate interest and promote cryptocurrency adoption. By exclusively accepting specific altcoins for product purchases, you'd incentivize people to engage with crypto. This innovative approach can broaden the utility and awareness of cryptocurrencies beyond financial transactions, helping the crypto ecosystem grow. While challenges exist, the fusion of cosmetics and crypto offers an exciting avenue for crypto enthusiasts and newcomers to explore the technology further.
full member
Activity: 2520
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Eloncoin.org - Mars, here we come!
November 06, 2023, 06:23:42 AM
#45
Certain alt coin? Do you know who will be your clients? What if they only had x type of altcoin but you only accept y type of altcoin, will they not be offered services? Do they have to convert first?

If you plan to use bitcoin well i say there’s a huge chance that a lot of your customers can avail your services with it but if it’s an altcoin how are you sure that your targeted audience have that altcoin or are even aware of it? Also, cosmetic brand…. think again who mainly use cosmetics and who mostly are users of cryptocurrency and think if they align
sr. member
Activity: 419
Merit: 264
November 04, 2023, 11:16:34 AM
#44
I disagree, this is a bad idea, how many people around the world have adopted at least one cryptocurrency? No one knows the number but this is probably less than 5%, and of those people how many people will hold the altcoin the OP wants to use as an exclusive payment option for their cosmetics and have a need for their product? Without a doubt an amount even lower than that, so when given the option any potential client which may be interested on buying their products will go somewhere else as they are not going to adopt an altcoin just to purchase something they need.

I agree with your statement. If someone sells some unique product that is not available elsewhere, then the customers will be forced to adopt that altcoin to buy that product. Or if it's an online website based business and the business owner can deliver their product to their customer, they may still get some customers. 
full member
Activity: 462
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November 04, 2023, 09:56:26 AM
#43
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
op You want to understand that if a customer wants to buy any of your products, he must pay through altcoins for that reason. Is it even possible?  I think our country is still not updated enough that we will use altcoins to transact anything. If we can use our money by investing through altcoins.
legendary
Activity: 2534
Merit: 1338
November 03, 2023, 05:23:55 PM
#42
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

That would be a fantastic idea, at least it will bring the payment methods of cryptocurrency into the cosmetic world, though I believe some cosmetic agents must also have their payment platform that have brought in cryptocurrency, but if you are having this inborn idea within you to launch yours,  I will advise you give it to trial. You can make use of any altcoin of your choice that you feel is reliable, as long as it makes the idea come into fruition.

I disagree, this is a bad idea, how many people around the world have adopted at least one cryptocurrency? No one knows the number but this is probably less than 5%, and of those people how many people will hold the altcoin the OP wants to use as an exclusive payment option for their cosmetics and have a need for their product? Without a doubt an amount even lower than that, so when given the option any potential client which may be interested on buying their products will go somewhere else as they are not going to adopt an altcoin just to purchase something they need.
sr. member
Activity: 1008
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Social media moderator/chatter
November 03, 2023, 04:42:35 PM
#41
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

That would be a fantastic idea, at least it will bring the payment methods of cryptocurrency into the cosmetic world, though I believe some cosmetic agents must also have their payment platform that have brought in cryptocurrency, but if you are having this inborn idea within you to launch yours,  I will advise you give it to trial. You can make use of any altcoin of your choice that you feel is reliable, as long as it makes the idea come into fruition.

Creating a coin to bring our brand into more clearer vison is cool but op would need to work with developers that have good experience in the market so that whatsoever brand he is creating would be meaningful. Having a crypto project is not easy because there would be a lot if things one has to out into consideration to have a perfect community that people would love to be. There are so many cryptocurrency projects in the market and we need to create a spectacular projects that would have impressive utility for people to see good reasons to join and invest in such a project.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 03, 2023, 12:53:55 PM
#40
Your product will not be that popular if you are thinking about only accepting crypto for your product payments as the crypto community that wants to use their crypto to buy goods is small and they are all over the globe. If you are thinking that this will popularize your brand you are totally wrong. Top online marketplaces already accept some crypto assets along with fiat currencies. You can do something similar to give your customers a better experience but using crypto as a bait to attract more consumers to your brand won't work really well.
Cryptocurrency is actually only optional or another payment option that customers can choose.
Of course, payment by fiat is the main payment. Crypto payments on products sold are just bait to attract those interested in crypto to buy and try transactions.
But this also depends on government regulations regarding transactions carried out with crypto. If it is illegal then don't even try to adopt it, it will only be a problem.
legendary
Activity: 2268
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To the Moon
November 03, 2023, 12:39:03 PM
#39
Your task as a business owner is to create convenient payment methods that would be available to every customer, and not create a problem for him
If his business is about payment methods, yes but he said his business is about cosmetic products.

So what did you see as a contradiction? I am a buyer and I want to buy cosmetic products, but the owner tells me that I have to pay for the purchase only in LTC. But I don't know anything about crypto and it's very difficult for me to figure out how and where I should buy LTC to make a purchase payment. And as a result, I will buy from another seller who has traditional payment methods.
full member
Activity: 616
Merit: 217
November 03, 2023, 12:29:38 PM
#38
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

That would be a fantastic idea, at least it will bring the payment methods of cryptocurrency into the cosmetic world, though I believe some cosmetic agents must also have their payment platform that have brought in cryptocurrency, but if you are having this inborn idea within you to launch yours,  I will advise you give it to trial. You can make use of any altcoin of your choice that you feel is reliable, as long as it makes the idea come into fruition.
sr. member
Activity: 2828
Merit: 344
win lambo...
November 03, 2023, 09:21:58 AM
#37
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
You can associated any altcoins at you desire, in fact, it was an alternative payment option but of course, choose the right altcoins for your project as this also impacts your product's demand. Some merchants are also using this strategy but they often accept known coins like BTC and ETH which I think it was a good choice rather than choosing unpopular coins.

Apparently, there is no problem provided that you can manage it well. It is just adopting cryptocurrency but you can't expect a fast response from the community.
hero member
Activity: 2184
Merit: 585
You own the pen
November 03, 2023, 07:10:14 AM
#36
Honestly, this is not the right time to do this thing because you might find it hard for other customers to buy your product because they might have no knowledge of crypto or they don't have a crypto wallet yet. This will only be possible if you are in El Salvador which is one of the countries that makes bitcoin legal tender and you can start from there and introduce your platform to them. Also, if you are planning to make it online, then that is better because there are already online stores like that and you can look at their approach on how to sell their products to their customers.
full member
Activity: 448
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Eloncoin.org - Mars, here we come!
November 03, 2023, 05:41:20 AM
#35
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
Choosing an altcoin is easy to understand, but it should be a reliable altcoin, such as USDT or trons, so that transactions remain quicker and safer. Interfering with our business with cryptocurrency projects, I must warn that not all clients would want to go through a lot of stress only to pay for services when they can simply reimburse funds with their debit cards. Though, don't get me wrong, it's a very welcome idea that will also accelerates one's brand to greater heights. Crypto is general, and clients all over the world who understand how to use crypto to pay for services will find it an extremely straightforward means of payment. Profitability of a cosmetic brand is determined by the advertising and packaging choices adopted. Launching a cosmetic brand is quite a great achievement.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
November 03, 2023, 02:40:22 AM
#34
I think that you will lose a large number of potential buyers of your products. . Thus, you can use the sale of your products for altcoins as an additional payment method, and not as the main one.
Depends on what altcoin he is talkin about. If it's a foreign one then yes but if it's a popular one, not really. Also it depends on the quality of his product. If it's superb, people will always try their best no matter how difficult it is, only to get it.

I still like your suggestion there of using only the alts as additional, so that he can maximize his sale or customer reach, as we believed that some people still prefer the traditional payment methods such as fiat, bank cards, and the likes. It might take some time before all of us transition to the cryptos and other digital forms of payment methods.

Your task as a business owner is to create convenient payment methods that would be available to every customer, and not create a problem for him
If his business is about payment methods, yes but he said his business is about cosmetic products.
hero member
Activity: 2016
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Leading Crypto Sports Betting & Casino Platform
November 02, 2023, 12:54:30 PM
#33
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
So, you will first market your products to people and then teach them how they can use the 'certain' altcoin to buy the products from you. Don't you think that will be a lot of work and people who aren't already interested in crypto will barely show any interest in your brand and choose a brand that is easier to buy compared to yours? Sorry to say, but I don't think that it's a good idea, especially, because of the situation of the adoption we are in right now which isn't that high.

Such a project or company can only work or run very well if Bitcoin and cryptocurrencies are adopted and accepted all over the world so that you can market your brand all around and people wouldn't have a hard time understanding the process of first acquiring the altcoin and then buying your products with it.
legendary
Activity: 1596
Merit: 1288
November 02, 2023, 01:51:24 AM
#32
If companies care about convincing people to buy their products, invest millions in advertising, and try to develop advertising methods and improve the price to reach the consumer, then let alone what they offer will add additional difficulty, as the user needs to buy altcoin and use it to pay for your service, and nothing will benefit from it. You are destroying your company, nothing more, and even companies like Microsoft and Apple, if you take such a step, may not achieve success.
hero member
Activity: 2576
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I don't take loans, ask for sig if I ever do.
November 02, 2023, 12:54:39 AM
#31
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

That's one way to start a business but it is available for purchase only using that specific altcoin can be a pain in the ass and might scare away a lot of customers imo. Even with the option of being able to buy that specific altcoin in the shop, most people have shortened attention spans right now so they'd most probably shy away from buying said products still. In addition, it's a completely new brand, so you can't expect a loyal follower base that can help the business stay afloat until the coin gets more notice from others.

Other than that issue I reckon it's pretty good. The same issues from regular businesses would naturally crop up but that's part of the process.
hero member
Activity: 1316
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Leading Crypto Sports Betting & Casino Platform
November 01, 2023, 11:58:30 PM
#30
Should only one currency be used for purchases? This could accidentally limit the number of customers you have, which would limit your market reach. Take some time to think about how easy it is to get the chosen currency and how many people are already using it. Even though its new, a crypto-based transaction system should be easy to use and handy.

Your new way of doing things, on the other hand, might create a niche market of crypto fans who like how exclusive it is. Its very important to find the right mix between small-market appeal and wide appeal. Would the appeal of rarity make up for the fact that customers might be fewer? Finding the thin line that balances rarity with wide reach is the most important thing that needs to be done.
legendary
Activity: 2982
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Leading Crypto Sports Betting & Casino Platform
November 01, 2023, 05:41:03 PM
#29
A lot of them are men, that doesn't mean that women are not into crypto. Cosmetic doesn't mean that it is associated with only female. Male cosmetics are also available in the market and OP would be selling both as most cosmetics website do.
Good point, and then there are mustache wax and hair products etc. I wouldn't ridicule this idea even though i don't know anything about cosmetics and the competition in that sector. I can't recollect all the things people wanted to sell for crypto, but i am sure that has contained nearly everything already. Shops just sometimes don't make profit, no matter what the currency is.

Also i am hoping that OP knows the crypto taxation of his country because buying and selling products with crypto can be tricky. Which is the reason most people use 3rd party converters.
legendary
Activity: 3738
Merit: 1415
November 01, 2023, 05:26:11 PM
#28
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

I mean why would you limit the purchase of something with an altcoin.  Any reason you wouldn't allow someone to buy something with bitcoin?  Sounds like you have a bag that you want to push and are trying to build a reason for people to buy that coin. It's a dumb idea it's not solving anything and you won't make that many sales
full member
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BK8 - Most Trusted Gambling Platform
November 01, 2023, 05:20:20 PM
#27
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
This is not something impossible. This would make sense and could possibly happen. However, this may not be as easy as you imagine. Unless crypto is already used to being used in that area. In fact, crypto has begun to be widely used as a transaction tool, but there are several obstacles that often prevent owners from accepting it. In this case, when you think about certain altcoins, make sure that they are altcoins that really have a high value and market cap. because it will be very risky if you receive new coins, this could be a scam or shit coins.

then, it's a struggle, especially when it's just the beginning.
It certainly won't be easy because you have to introduce it to the public first. Moreover, you also have to start explaining about crypto and introducing them even though at first they may not be interested.
legendary
Activity: 2268
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To the Moon
November 01, 2023, 02:21:39 PM
#26
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

I think that you will lose a large number of potential buyers of your products. Your task as a business owner is to create convenient payment methods that would be available to every customer, and not create a problem for him. Thus, you can use the sale of your products for altcoins as an additional payment method, and not as the main one.
sr. member
Activity: 1666
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Eloncoin.org - Mars, here we come!
October 31, 2023, 05:45:41 PM
#25
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
That could be seen as a bad business idea, and when someone asks the OP why do that? And are you really serious about combining payments with the service's cryptocurrency, and what do you think the user will accept or even know about crypto?

And more importantly, if you don't want to get into the trouble of duplicating ideas and brands, imagine a series of memecoins created with meaningless content as well as names that really just want to chase the hype spread in the media. It's similar to how you mentioned branding in relation to a market that's generating traction. Seriously looking at the problem and its results in terms of challenges and risks when applied will help you figure out what to do next.
legendary
Activity: 2534
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October 31, 2023, 05:16:28 PM
#24
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
Then you will have to file for bankruptcy within a few months, merchants since the profession has existed as such have strove to accept as many currencies as possible in order to increase the number of people they can serve and the profits they can generate, and this is just as true today as it was back then, so by only accepting a specific altcoin for the purchase of your products you will severely limiting yourself to just the users of that coin, reducing your sales and making your business very unlikely to succeed.
full member
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★Bitvest.io★ Play Plinko or Invest!
October 31, 2023, 04:25:17 PM
#23
This thing sounds like a pretty creative idea to me.  That's often how it goes in the entrepreneur world - someone comes up with a funky new concept and it takes off into something big.  But you'd probably want to think about how it would really work for people and  is this altcoin gonna be easy for your customers to get their hands on? And will it really appeal to the folks you're aiming at? I guess theres no reason to limit your potential buyers unless that limitation gives you some other kind of edge.  Overall it seems like an exciting concept, you just gotta work out the practical stuff.
sr. member
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Eloncoin.org - Mars, here we come!
October 31, 2023, 02:22:18 PM
#22
That's surely one way for your business to not get off the ground.

My thoughts exactly!

OP, for a fact, you’d expect your business to bring you money, so why crash it by limiting potential buyers? People love to be able to make  choices. I’m an advocate for crypto but I’m not an advocate for forcing things on people (especially in this case where you’ll need to make sales.) In my opinion, you should rather accept both fiat and crypto. This way, you have normal users who are purchasing yet learning that you accept crypto and thinking of the crypto sphere as growing rather than having a bunch of users attempting a purchase to see that they can’t make a choice as the payment method is compulsorily crypto. To even make people use crypto more (out of their own will) you can give a good discount for people paying with crypto. Yes, it could get so tempting that people who aren’t in the crypto sphere could be triggered to learn.
sr. member
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Social media moderator/chatter
October 31, 2023, 02:06:36 PM
#21
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
There are people who create altcoins and give them value based on there product the market. There are altcoins that are attributed to dogs, for the purchase of dogs, their food, care and donations just like we have doge coin and other coins too in the market that are attributed to dog and there wellbeing. It is very important for us to know the kind of altcoin we want to create and the problems it is meant to solve in the physical world. You can create your own coin and give it some qualities attached to cosmetics so your customers can use your coin to buy cosmetics from different dealers.
hero member
Activity: 1190
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October 31, 2023, 01:35:46 PM
#20
Your product will not be that popular if you are thinking about only accepting crypto for your product payments as the crypto community that wants to use their crypto to buy goods is small and they are all over the globe. If you are thinking that this will popularize your brand you are totally wrong. Top online marketplaces already accept some crypto assets along with fiat currencies. You can do something similar to give your customers a better experience but using crypto as a bait to attract more consumers to your brand won't work really well.
legendary
Activity: 1624
Merit: 1007
October 31, 2023, 12:35:01 PM
#19
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

I wouldnt really completely associate it with your brand. I really do not see any benefits to that.
What you could do is for example enable payments via cryptos. Set up a lightning channel for bitcoin.
If you want to help with doption, you coudl set up a system where people who buy from you, get a small kickback in form of your token if they install a wallet or something.
sr. member
Activity: 419
Merit: 264
October 31, 2023, 12:10:42 PM
#18
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

The question is how well know the alt coin is. It will depend on the rank of alt coin, the usage of the alt coin. If you want to use only a specific alt coin, that will be a problem for your customers. If you allow multiple coins, that might be a good choice. But let's say you offered them your products that can be bought with Elon coin only at this moment, surely customers won't buy elon coin just to buy your product unless it's too important. Moreover, most of the cosmetics they can buy with fiat and other currencies. So, they won't take the hassle.
legendary
Activity: 3178
Merit: 1054
October 31, 2023, 11:47:38 AM
#17

for it to be considered a brand, it should already be popular just like crypto.com is associated with UFC, they've been sponsoring shirts and VEchain is a brand partner of UFC as far as i know. Vechain is all over their canvasses and even on walls.

cosmetic products mean you are promoting these products to women and so shall the users of this token, you know how hard it is to invite women into this industry right?

hero member
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Eloncoin.org - Mars, here we come!
October 31, 2023, 10:38:24 AM
#16
I don't know if I really understand your point but if I may understand it I will say yes you can but you need to make it general so that people who interested to use it can use it to purchase other things in another cosmetic products. It is a good idea so don't limit it to only your self. Everything has a starting point so you have to start from somewhere. Make sure the brand should be legit for people to use.  Cryptocurrency is not meant for only one company to be using but for everyone. Just like the different fiat currencies that all have their values.
sr. member
Activity: 1554
Merit: 413
October 31, 2023, 10:08:27 AM
#15
[...]Like , the purchase of cosmetic products of my company being available only with certain alt coin.
Bad idea. Not only are you limiting the sale of that product but you are also causing inconvenience to your customers. I think it's better to offer as many options as possible then create some special perks to whoever buys using a certain altcoin. Leave it up to them if they want to avail that or not.
legendary
Activity: 3248
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Leading Crypto Sports Betting & Casino Platform
October 31, 2023, 10:04:48 AM
#14
Anything is possible. It can actually be done but that won't be your main problem at all.
Marketing. This is where most cryptocurrencies business is failing. It's difficult to market anything in the crypto field, especially with the scams and hacks lurking in the shadows.
If you are aiming for selling your cosmetics by means of old cryptocurrencies like Bitcoin, Ethereum, or stablecoins then I don't think there will be much of a problem.
But if you are trying to create your own altcoin then it adds a workload. A team to manage it, investors, maintenance, developers, and more. It's not like it can be done with just the flick of your finger.
Then, you will have to market it and try your best to make it attractive to buyers.
sr. member
Activity: 616
Merit: 368
October 31, 2023, 09:58:13 AM
#13
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

The idea looks great, but you might not completely get the kind of sales that you desire. You need to start up a shop that will help you make a profit, and at the same time, you want to promote crypto using that shop. That's understandable, but do you know that it's not just everyone that will like a product in your shop that will be a crypto user? The majority of people will like to pay with their fiat.
 
So I will advise that if you want to make a shop like that, add both your desired altcons available as methods of payment and also allow the use of your local currency for purchase. That way, you can be rest assured that your business won't fail even before you start it up. If the business has now gained some value and constant customers, then you can evaluate between those monthly sales and check which method was mostly used to purchase products from your shop. From there,  you can know the next step to take.

hero member
Activity: 3080
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October 31, 2023, 07:06:41 AM
#12
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
I have seen many companies did this but many of them failed. It's because many people chooses to use those coins that are already established and they don't want to take risk buying something with their 'only' coin. They prefer to use fiat over their own coin on it thus, the customers will just avoid that brand. It's not going to work because those that I have seen were established but little to no success. So, for the smaller and unknown brands, you'll have hard time unless you work hard with a bit of luck is with you, you'll succeed.
sr. member
Activity: 322
Merit: 299
October 31, 2023, 06:51:09 AM
#11
As you know this is the crypto world and here anything can be happened like you have some examples like Luna and FTX. You must have knowledge about the market and
You would need to careful about the feasibility of using a specific altcoin as the only payment method for your products. Altcoins can be volatile and their value can fluctuate significantly.

sr. member
Activity: 448
Merit: 271
October 31, 2023, 06:00:25 AM
#10
Are you sure that's a good idea? I may be wrong, but most crypto users are men. Crypto cosmetic bard will just not find a big audience.

A lot of them are men, that doesn't mean that women are not into crypto. Cosmetic doesn't mean that it is associated with only female. Male cosmetics are also available in the market and OP would be selling both as most cosmetics website do.

It is better that OP provide multiple payment option. Like fiat and known altcoins, the more options are available the more convenient it becomes for a buyer. I won't suggest restricting the customer to only use crypto for purchase of any product.
jr. member
Activity: 80
Merit: 1
October 31, 2023, 03:46:15 AM
#9
Are you sure that's a good idea? I may be wrong, but most crypto users are men. Crypto cosmetic bard will just not find a big audience.
full member
Activity: 714
Merit: 168
October 31, 2023, 03:20:28 AM
#8
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

that's no problem if you build a business with payments using certain altcoins. but what matters is the crypto regulations in the place where you market your product and whether people want to buy your product using the altcoin you specified. because your goal is to build a business for profit, right? and i'm not sure that sales of your product will go well with the business strategy you created by paying using certain altcoins for your product. but if your goal is just to have fun and not worry too much about profit, then you can create this product in a place where crypto is legal.
legendary
Activity: 4270
Merit: 4534
October 31, 2023, 02:57:47 AM
#7
what has cosmetics got to do with crypto

seems you just want to grab hold of a trend and hope to ride its fame to make your brand famous.. but the real world does not work that way

imagine you want to sell cosmetics world wide. where majority of consumers are in asia or america.. but you want to price your cosmetics in only the Egyptian pound. that alone wont win you any favours even if hundreds of millions of people are Egyptian

if you want to sell something in crypto. make something crypto associated.. maybe t-shirts with a crypto logo(merch)

if you are going to offer products for crypto. set the crypto price fairly. but then put countries fiat prices at a premium thus making your product look like a luxury and discounted if they use crypto

thu making people look into maybe getting crypto to get your product cheaper.. or making crypto community feel they are getting a default advantage to stick to using crypto rather then converting to fiat to buy with fiat
full member
Activity: 868
Merit: 108
October 31, 2023, 02:57:14 AM
#6
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

If he is associated with cryptocurrency, is Bitcoin payment accepted or other cryptocurrency like ETH, BNB, and others? This is the usual thing that happens when they touch Bitcoin in their traditional businesses, like the Honda car company did.

I hope most of your customers are aware of bitcoin and cryptocurrency and, at the same time, have a good view of bitcoin or cryptocurrency. And if they don't have an idea, I guess they will have an interest, and when that happens, show them the guidelines that they should follow, as if you were giving them an instruction procedure.
mk4
legendary
Activity: 2870
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Paldo.io 🤖
October 31, 2023, 01:37:53 AM
#5
That's surely one way for your business to not get off the ground.
sr. member
Activity: 882
Merit: 326
October 31, 2023, 12:52:22 AM
#4
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

However, if OP uses the payment option via Bitcoin, and if this news goes viral, this could be good as free marketing media.

Emhhh but... If I had a business, first of all I would not touch or use shitcoins other than BTC for payments or anything else. The OP should understand the basics, until now Bitcoin has not been widely used as a means of payment throughout the world, why did the OP choose a shitcoin that will not necessarily survive when the long bearish season arrives? Many shitcoins claim to be capable and will overtake Bitcoin, in fact, after only a few weeks or months, these shitcoins are already dead. Lol
member
Activity: 1218
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Binance #Smart World Global Token
October 30, 2023, 10:53:49 PM
#3
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.

You can do anything you want. The problem is making the business be stable and get loyal base of customers who are paying only by a certain coin. That is not a good move. The best thing to do is to accept cryptocurrencies including Bitcoin but to not make it exclusive as there are still many people who are not into cryptos and there are those who are not so willing to buy things online using their portfolio because they are viewing and deciding they are investments and must not disturbed.
hero member
Activity: 658
Merit: 524
Leading Crypto Sports Betting & Casino Platform
October 30, 2023, 08:04:54 PM
#2
Like , the purchase of cosmetic products of my company being available only with certain alt coin.

 Huh Huh Move this topic to Altcoins Discussion board. At the bottom of this thread, look very closely and you will see something like "move topic. " Move the topic to the right board.
jr. member
Activity: 132
Merit: 1
October 30, 2023, 07:43:22 PM
#1
What if I launch a cosmetic brand completely associated with crypto in some way. Like , the purchase of cosmetic products of my company being available only with certain alt coin.
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