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. 
Topic: Does Name really matter in crypto? - page 13. (Read 3473 times)
A coin with solid institutional backing wouldn't mind names of a token. Name actually has a psychological effect on public response to a token. Imagine names like Skycoin , Elrond and Injective Token. They sound interesting. Injective token is native to injective protocol exchange that is fully decentralised
Yes, the effect of the name of a token is indeed there, because if the name of the token can also reflect a project that is good or not, through the results done by each project team, the closest example is as you say it, and I think it is very right.
No it is not, name of the crypto doesn't have connections to its success. Actually there are cryptocurrencies out there who do not have good name but managed to become successful. For me, it is all about the products and the services offering by the project that makes a token to become successful. Exchanges are also matter so the token should be listed in reliable exchange out there.
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?
It doesn't matter a lot but what matters a lot in the cryptocurrency should be your product. For me, it sounds like so many major coins were using the strange names but when it can prove to build a proper product and that's not a big problem at all. The coin still managed to climb up the ladder and reach among one of the top listed coins in the crypto market (coinmarketcap.com). A catchy name surely makes the investors and community people wonder about what kind of project it must be and makes them attracted to know more about it.
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.
Both yes and no if you ask me. It doesn't really matter if you have an amazing name, but it does matter if there is a horrible name that is hard to find as well. So, yes and no reflects that, yes it matters if you have a bad name, but no it doesn't matter if you have a good name. Don't worry about it, because there is a whooole bunch of coins in between, having a horrible name is very difficult, you have to intentionally pick a name that is hard to explain in talking, that is not really that simple.
Moreover, just find a unique one with the short version as well, don't just go create "beatcoin" and short it "btc" because that won't work, just find a unique name with both full name and short ticker and you will be basically good to go without any other problems.
Moreover, just find a unique one with the short version as well, don't just go create "beatcoin" and short it "btc" because that won't work, just find a unique name with both full name and short ticker and you will be basically good to go without any other problems.
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?
If you are talking about the name of the project then for me the name of the project doesn't really matter as long as the project is solid because most of the names I don't even understand unless founders explain what's the meaning behind the name is.
A coin with solid institutional backing wouldn't mind names of a token. Name actually has a psychological effect on public response to a token. Imagine names like Skycoin , Elrond and Injective Token. They sound interesting. Injective token is native to injective protocol exchange that is fully decentralised
Yes, the effect of the name of a token is indeed there, because if the name of the token can also reflect a project that is good or not, through the results done by each project team, the closest example is as you say it, and I think it is very right.yes, I think that's very important. because after you use that name, you will find it hard to change it, because it's a brand that people will recognize. however, before making a project, think of the name well. it applies to all businesses that will be built
Maybe but not really that huge factor in my opinion. There are other project whose name are not even cool when you hear it but they are good and excellent project. The only thing about naming your project is the awareness that you choose a name that has not been used before by another one. There are lots of this case where traders confuses due to same name, and end up buying wrong coin/token. 
A coin with solid institutional backing wouldn't mind names of a token. Name actually has a psychological effect on public response to a token. Imagine names like Skycoin , Elrond and Injective Token. They sound interesting. Injective token is native to injective protocol exchange that is fully decentralised
that will be only for a coin that has backed by strong companies or parties but when it comes tot he a new project that created by some developers and the name is a very important thing to determine whether that was a good coin or not. The name matters a lot these days. 
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 do not matter, it is just a form of identification to differentiate all cryptocurrencies, reason why no two crypto can bear the same name and even the same ticker, although nowadays some crypto can have same ticker which can be as a result of the huge number of them in existence. However, on the other hand, what really matters is the idea behind that name, if the idea is good then it defines all within that crypto; thus a project or crypto needs a good use case/idea and team to become successful.
Even though a name is the first introduction one gets, it matters in crypto only to the extent of popularity. The name itself can pique one's interest, but does not factor in an investment, unless one is superstitious, using the crutches of astrology and numerology! 
A coin with solid institutional backing wouldn't mind names of a token. Name actually has a psychological effect on public response to a token. Imagine names like Skycoin , Elrond and Injective Token. They sound interesting. Injective token is native to injective protocol exchange that is fully decentralised
Do they look interesting to the investors? Maybe not and TBH I'm not seeing these projects in the market and not even know the name. Maybe I was sorry of not seeing it because I'd never give time to dig those dead projects in the market. Well, that is really true names doesn't matter at all just like those coins/project that you have mentioned above.If I have to invest a crypto project, I never mind the name because the most important is the project potential. We'd like to consider most its market value and trading volume as well. Then I have to close a deal with them.
TopTort777 I understand what you want to say, and I agree with you partially,
because most of my investments is going to Bitcoin, and Bitcoin is a sound
name, we must agree about that I think.
I don't say we should invest in something just because we like the name, but
usually good projects and amazing things have a sound name. And good and
sound name will attract more people.
because most of my investments is going to Bitcoin, and Bitcoin is a sound
name, we must agree about that I think.
I don't say we should invest in something just because we like the name, but
usually good projects and amazing things have a sound name. And good and
sound name will attract more people.
According to what you write, "beetcoeen" sounds also good
What is a sound name? Does Kyber Network sounds good enough for you? Frankly this look like a school kid just misspelled the word Cyber or tried to look L337 (leet, elite). Anyway, this alt is on top43 today on coinmarketcap. Quite a high position imho. I agree that name attracts people, but I would not invest in something with just a sound name. But I would invest in anything after a research. If it looks good to me, then "we-wont-scam-you-coin" will get all my funds.
Again about sound name. If you say the word scam 1000 times and people would constantly repeat it, it will start to "sound" good also.
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?
Depend in mistakes that we commit,there are some cases that is tolerable but there are also will damage your name forever.Example
- If your account scam people inside that one thing for sure will mark you Red.
- Plagiarism and stuffs like this.
- and cheating of course.
- And sending suspicious or phishing links.
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.
Name is important mate,you should Hold the Name in clean transaction until the project reached the target investments.And also will bring Good Road mAp for all investors for their own security.
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 name doesn't really matter, you can't go round buying coins because of the names they bear, there are some dead coins with cool names and there are some good coins with horrible names, LOL, don't invest/buy because of the name, invest because of the potentials you see in the coin, the name selection is just a description of what the coin was made for.
A coin with solid institutional backing wouldn't mind names of a token. Name actually has a psychological effect on public response to a token. Imagine names like Skycoin , Elrond and Injective Token. They sound interesting. Injective token is native to injective protocol exchange that is fully decentralised
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.
If there is no solid foundation and sincere motive, the project will not go anywhere even if they use bitcoin or satoshi attached to their name. We have seen a lot of crap projects trying to use the name of bitcoin, but where are they now? I remember this bitcoin love and satoshi token. All gone. So nope, name doesn't really matter, it is about its purpose in the market.
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 think that name of the project holds much importance if the concept is unique and something that catches the eye of the investors and people.The name turns into a brand when the project is a huge success anyways so why worry about the name? But of course, it does some good if it’s really sensible and catchy as there is something about the name that relates to the investor’s interest in the project.
Some basic conditions to be met while selecting a name should be:
1. Easy to pronounce and spell.
2. Must be something that relates to the concept of the project.
3. Something that goes with the project symbol/icon.
In my opinion names has no impact on cryptocurrency projects, however it can also give attract to some crypto enthusiast to make such good and presentable names. But for me, i guess it's not about the name, the real thing is the gesture and innovative product is made out of cryptocurrency and to be successful project in the long run.
true, the name of a project I don't think has much impact on the success of a project, what makes them successful is the work of the project team, and the team in it as well, and of course the products they offer Jump to: