Topic: Does Name really matter in crypto? - page 17. (Read 3480 times)
Well, the name of the project is very important, but not only the name is important, you need to look at the project from all sides.
When you ask "if the name of a coin matters", imo, it does, by revealing how established that cryptocurrency is, bitcoin for instance has made a name for itself, ethereum and a few other altcoins you've heard about have done so too, if you as a new investor is picking coins, it's a good choice to go with these, they stand out in the crypto market and their names are amongst the most popular coins, but you must dyor nonetheless.
But if you mean new altcoins, their names doesn't mean they'll be successful or not, though some names can really be absurd and you can tell its a scam just by that, covid-19 coin is a good example
.
But if you mean new altcoins, their names doesn't mean they'll be successful or not, though some names can really be absurd and you can tell its a scam just by that, covid-19 coin is a good example
. 
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 many scam project use popular crypto name and copying popular logo but it will not help them to have more adoption the most important things you need to know for a crypto currency before investing is the use cases of the coins and what kind of development and product they are offering for investors. 
of course not. The name of the cryptocurrency is just the wish of the team. It is only important what kind of benefit and new, project will bring to the cryptocurrency 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 so, for me the name is just a tag and part of the project's branding function, the more important is the use case because it was a primary and longterm tool for creating a demand of its token. including its product and services offered. so, In my opinion, the name is also important for branding purposes. The team decides to name their project the way they want it. These names must have meaning to them. There are even instances that the team changes the name of their token since they get to the point where they are not seriously developing the project. But there are also tokens where only the tickers were changed.
They should be explaining why they name their project with such, it makes the topic interesting as how they have come up.
What do you understand under "crypto name"? The name of the project ? The name of the project plays a huge role. For example if you name your project with something, that has "bitcoin" in its name, trying to attract attention, then you would probably wont be successful, as people are already used that bitcoin-diamond/super-bitcoin/rich-bitcoin and everything like is a scam.
In other case - name doesnt matter, but what matter are personality of CEO and people behind the project.
In other case - name doesnt matter, but what matter are personality of CEO and people behind the project.
If i make range from 1-10 about how important a name to determine the success of project, i will only choose only 1, because if based on coinmarketcap, you will see many successful project whose name is not very meaningful like iExec RLC, 0x, ABBC Coin. The coin that i mentioned is successful project but the name like "weird
Does crypto name really matter before it become successful?
What do you mean by this? the project that you're going to invest or a cryptocurrency that you'll be starting to stack up? It does matter if you're determining what projects to avoid like those bitcoin forks and other altcoins that are naming their names after bitcoin. That's one good factor if you want to determine what forks to avoid and what altcoins that are naming themselves next to bitcoin or going to be the next bitcoin.
I think cryptocurrency has to gain popularity in the community before it can be introduced. However, before getting acquainted with bitcoin crypto currency, there were many problems. Alternative crypto currency shows that there are some cryptos that are popular and took a long time to get acquainted. I don't think you know these things. In order to be any new cryptocurrency, it is important to have Mission, Purpose, Uniqueness, Vision, Development and future development. I don't think there is any other way. But I am much more interested in learning something new. I want to know and understand about everything in the world of cryptocurrency. I think you posted this because I have this kind of desire.
I think the name does not really determine the success of an crypto.
the most decisive success of an crypto project is the team behind it, are they serious about developing and marketing their products. and one other important thing is luck.
the most decisive success of an crypto project is the team behind it, are they serious about developing and marketing their products. and one other important thing is luck.
The name selection of a coin is a description of the purpose of the coin is made, but a good name has no effect on the success of the coin to be made, because the success of a coin is heavily dependent on the developer team in continuously developing their project and being used or at least listed on many exchange that have huge volume trade and also the coin itself has a good volume trade.
Does crypto name really matter before it become successful?
If you are investing in stuff because their name is beautiful to you, you are doing something wrong.
The most valuable company in the world has an stupid name: Apple.
If someone makes a cryptocurrency named Orange, will it be doomed? That is the least important thing about any project.
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.
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?
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