Does Name really matter in crypto? - page 12.

Iyanu14

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

Well, name doesn't really matter. It is the use case that matters the most. But people get to have some first hand information on what the project is all about with the names at times.
On a lighter mood, I think any project with DeFi related idea are now getting lots of attention. So I think projects with DeFi names really matter now.....lol

chakhigh

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If you want a domain name for your website, then it is one of the most important ingredients for your success. However, when you choose a name for the crypto project, the ultimate goal is in mind ..and not how cute the name is!

nomenclatur

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Quote from: sammy21 on July 28, 2020, 03:24:42 AM

you are wrong. The name is good marketing. If your project is full of new people, how can you convince investors to join the project? especially with a team background that cannot be proven. cooperating with people with big names is the most important. they can help marketing become stronger.

if you do ico with your own name certainly is a good action in your opinion? if you look at coinmarketcap many strange names and unique cryptocurrency if you assume is a marketing name everybody knows it but if it has a good name if it does not have the support of a large company that is willing to support you, of course, your project will be in vain.

Gotumoot

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

I don't really know but I think it does I mean who would invest in some project with a lame name or a boring name after but as the way I see it there are more and more crazy tokens or crypto going out nowadays.
There are some covid name tokens and I think they would continue to use whatever that is in trend to get what they want.

Iyanu14

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

Success of crypto projects do not depend on names. Names are just means of identification and also to give a glance of the area the project is focusing on. One of the most important things is utility. What problem does the project aim to solve? How realisable is their plans and so on? These and many more are more important than just names.

BitTraderCute

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popular name usually put on board advisor in crypto project, they just used to attract investors only. due they didnt directly involved in developtment in my opinion they have no influenced to this project. except if this crypto influencer directly join in core team as CEO or anything else.look at john mc afee that involved directly in GHOST and it bring big influnced to developtment.

IvugeoEvolutionCoin

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Quote from: WannaCry on August 01, 2020, 04:35:13 PM

it doesn't matter what is their name, maybe some coins named after some incident happen or it may sound like familiar words but as long as the coin has a working product and compare to other coins it does not matter.. team is still intact and have the latest update then no problem at all

Name of project or coin doesn't matter but at least a decent name makes more sense. When doing research on let's say DEFI projects and you see something like "asshole DEFI coin ADC", won't you skip it? It already paints a negative first impression for the project without looking further. So in essence, name doesn't make a project great, but name should be somewhat ok.

amos77978

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

lol.. name doesn't matter in the slightest.. what matters are those behind the making of the coin.. that why you have to do your own research before buying into just any coin you come across in the market

WannaCry

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it doesn't matter what is their name, maybe some coins named after some incident happen or it may sound like familiar words but as long as the coin has a working product and compare to other coins it does not matter.. team is still intact and have the latest update then no problem at all

isaac_clarke22

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

What do you mean by "name"?
Like name of the project?
Because if that's the case then no, names won't matter in here.
Sober or flowery names aren't gonna give a single satoshi to any project if they're crappy tokens in the end, OP.

gikere

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The name is more important than you think. No matter how good your project is, the best and hardworking members it is, the first thing people remember is your project name. It carries a message of how the coin want to be. Although name alone won't make your project become a success, it still very important.

GWS My Boy

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Quote from: Tomohisa on July 31, 2020, 10:28:08 AM

Yes, it is very important to think and chose a name for your project because you can't change it without a real set back after going public with that name. From what I saw, only when coin under a swap that they need to change their name. If your coin's name somehow causes a negative reaction from people then you should abandon that project.

of course the project died, there are so many con artists so far, they seemed very neatly arranged to commit fraud if you don't want to lose money it's better to be careful before buying coins

huu78

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

The success of a project can be based on what is behind their project, it can be from the developer team of people who are smart and careful in developing a project that he made, or it could be that what is carried out by this project is truly unique and good for the future, or it could be because their large community can also help the success of a project. but some projects today are mostly anonymous, sometimes some are fake or take people's profiles and the project is successful but only limited to hit and run then the project is dead. don't forget to continue research before taking action into their project.

ohyeahhaha122

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Yes, I think that's an important part when the project is running airdrop or bounty campaigns, I'm a bounty hunter, every day there are a lot of projects, a part that my team and I often filter projects. to do that is its name, it can be part of whether it's a fraud project or not

Tomohisa

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Yes, it is very important to think and chose a name for your project because you can't change it without a real set back after going public with that name. From what I saw, only when coin under a swap that they need to change their name. If your coin's name somehow causes a negative reaction from people then you should abandon that project.

Smitty Werben Man Jensen

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Quote from: pealr12 on July 31, 2020, 09:04:16 AM

Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

I dont think that the name of a project is important to make it successful. As long as the project have the best and hardworking members it doesnt matter if the name is not good when you hear it

maybe what is meant is not a name for the project, but the name of the project he will buy, if you really want to buy altcoin, of course the name is very important, make sure the altcoin name really has a strong team

pealr12

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

I dont think that the name of a project is important to make it successful. As long as the project have the best and hardworking members it doesnt matter if the name is not good when you hear it

unusualfacts30

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Quote from: CryptoDost on July 27, 2020, 11:22:09 AM

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

name should always justify what you are offering. If name doesn't match with the project then it will hurt it in the long and short run. You don't want name to be confusing either. You want simple but something that is straight forward and doesn't confuse people.

shoreno

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Quote from: chanc3r on July 31, 2020, 08:20:33 AM

Quote from: popeye95 on July 30, 2020, 10:49:36 AM

Yes, yes it does. As you see, many cryptos have a similar name to other coins to catch the interest. Not so many altcoins aim to be big or have a huge amount of money to do the marking and let people know their crypto's name. So yeah, that is what they would do.

usually a coin that follows an already popular crypto have no promising future, bitcoin cash or such coin are using bitcoin as part of its name simply because it's a HF and if a coin were made from scratch it's better to make their own brand instead.

i totally agree on it . ill not complain from bch and alike because they are forkings but to others that has a bitcoin on thier names they are easy ignore on me . this does not only apply to btc but all top coins have thier own clones . thats a bad way of marketing and not having a budget for marketing is not a valid excuse to create a coin like that because i believe they have other motives . hope this adds an answer to the op's question . name does really matter on crypto market

Anish02

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Quote from: ?? on ??

Name of a project doesn't really have anything to do with it's success,as long as the project has a unique use case and delivers,and the team behind the project is active,also if the project is listed in good exchanges with volume,I think no one would even care about the name of the project rather they would want to see what it can offer.

Exactly, the name doesn't matter as much as the success of the project matters the most. If you're project performing well in the market or it has listed on the reputed exchange then there is no need to create any difference because of the name.

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