Does Name really matter in crypto? - page 6.

jambul_kribo

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Quote from: bakasabo on August 12, 2020, 04:09:35 AM

Quote from: ?? on ??

name have deep meaning that be hope for their project. just like a baby, parents give the best name in order their child could be like the name meaning. and its happen to crypto project to , their ticker or project name was the actualization from their hope and purpose. in my opinion investors will consider this think too, they will passed project with joke name

Not quite sure about that. What were devs thinking when they name their token "OMG Network" ? OMG - seems like a joke name. However this "joke" managed to get to #55 place on coinmarketcap.

"Oh My God network" - that what regular the Internet user would think. At first I thought it is something like a dogecoin, someone joke that became popular. But actually it is formerly OmiseGo, an Ethereum-based platform working on solving the scalability problem for the blockchain. Does not sound like a joke name anymore frankly.

naming in cryptocurrency different with naming for babies. i am agree with you dude, crypto project need unique name that could make people easy to remember . sometimes joke name be good choice for them and its represent how unique they are if compared with another project. dev team just need name that easy to remember not deep meaning.

bakasabo

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Quote from: ?? on ??

name have deep meaning that be hope for their project. just like a baby, parents give the best name in order their child could be like the name meaning. and its happen to crypto project to , their ticker or project name was the actualization from their hope and purpose. in my opinion investors will consider this think too, they will passed project with joke name

Not quite sure about that. What were devs thinking when they name their token "OMG Network" ? OMG - seems like a joke name. However this "joke" managed to get to #55 place on coinmarketcap.

"Oh My God network" - that what regular the Internet user would think. At first I thought it is something like a dogecoin, someone joke that became popular. But actually it is formerly OmiseGo, an Ethereum-based platform working on solving the scalability problem for the blockchain. Does not sound like a joke name anymore frankly.

Apostlekin$$$

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A good ticker and a fine name isn't what makes a project survive this crypto space, if a project doesn't deliver good use case it will die slowly as time goes on, I'd rather go for what a project has to offer than what its name sounds like

joshua123

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Yes it can affect somehow. If a project that us famous and popular have the same ticker investors could create a mistake by investing on the other coin that has same ticker. It could ruin your plan to do an arbitrary trading. Sometime you can be confuse with it. So its better to pay attention on the name and even crypto ticker on the market.

Also crypto name that has a good sound could boost investors interest. Why would you make a crypto name like sounded like a fun or joke coin right?

bits4books

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This may not be a fundamental factor, but it is still important. Some ASSCUM token is unlikely to be bought with a serious face, if only ironically.

Vishnu.Reang

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Name can have an impact on the cryptocurrency market, but I am not sure whether the situation has changed as of now. I still remember how Trumpcoin (a typical shitcoin) went up by more than 10x after Trump won the elections in 2016. This coin has no relation with the actual Donald Trump and I am sure that Trump may have never heard about this shitcoin. But the team used his name to mint profits for themselves.

maxreish

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It has a great impact. And that's the first thing that a typical investor will gonna make a judgement.

For example that corona coin was purr a joke coin. Who's gonna invest on that kind of coin? I didn't say most of the bad names doesn't have a good future and a good use. Hust like Dogecoin. It was just made from a joke but look at it now, it is still surviving in crypto space and still having a good progress.
However, the name is like an attire of an individual. Needs to formulate and wear good one to have a good impact to the investors.

daglordjames

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I think it is, because it might attract some investors, mostly when they want to know more about the token.

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Quote from: Sulman326 on August 11, 2020, 07:52:05 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?

Stop creating multiple threads with exactly the same content.

https://bitcointalksearch.org/topic/does-name-really-matter-in-crypto-5264959
https://bitcointalksearch.org/topic/does-name-really-matter-in-crypto-5265202

Likely, all these accounts are yours.

Shallow

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Quote from: Sulman326 on August 11, 2020, 07:52:05 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?

No, Name do not matter, even if a project bears the most attractive name but have no good and workable idea then that project is trash. Just like name identifys humans and seperate one person from another, in the same way, name separates one cryptocurrency from another, which is also the reason you will hardly come across two cryptocurrencies on coinmarketcap bearing same name. Also, I believe the team of every project focuses more on what they will offer and not on names.

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I cash out when I need, I have something on holding. I don't really keep track on my earning and spending. I trade a bit, gamble sometimes, I get money for my life needs when from time to time, but I am trying to save as much as I can in cryptocurrencies. I think it's not important how much you earning, it's important that you are satisfied with that or you are not. If you are continue with what you are doing, if not search for new jobs and opportunities, try to develop your skills.

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Quote from: Sulman326 on August 11, 2020, 07:52:05 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?

Unique one is important but I do not agree that name matters as much as people really think it does. Look at coins like eos, which is not really an interesting name at all, or tron for that matter, I think most of the coins right now that are high do not have that much of a proper name. Hell I would have even named bitcoin blockcoin because it is based on blockchain and it would have made it a lot more sense to name it blockchain because of it, bitcoin doesn't really have that affect.

Overall, you need to be unique but even hardforks of bitcoin made it to top 10 right now as you can see, so even that doesn't matter. If you can handle everything else perfectly and have a ton of money to make it work for a long time, name will not matter at all.

nicecrypto

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A name is just an added advantage over what is already available, if the is good and solid, a name plays a less vital role in any aspect other than be fancy and catchy, what matters most is the project technical fundamentals and utility.

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Quote from: Sulman326 on August 11, 2020, 07:52:05 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 think sometimes matter but 99% doesn't matter. The only thing is matter business & development. There are lots of coin that start with bitcoin but some are scams & few of them legit but the price is low. Same thing For Ethereum. If the project is legit then some bad names will be an attractive laters by their work. But sometimes name makes hype, If the project is a scam then they can't survive.

jerrison

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Names matter. Apart from superstiteous beliefs of names having either positive or negative impact on people or things, it is also of great concern in the crypto space. Although, I once had a strong disparity towarrds my current standpoint of the names and its effects but now i see the obvious and better under that it has great effect even in the crypto space.

lousie9

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for me the name of the project is not a problem, the most important thing in a project is of course success, the product can develop, the team & dev is serious in developing the project and the project is not SCAMS. There are many projects with good names but ending in SCAMS and vice versa. So, I don't think the name really matters.

SolarWindMiningCompany

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Sometimes it does, and sometimes it's not. Recently SwingBy IEO was conducted on Bitmax if my brain doesn't betray me! Do you like this name? I don't but look what a massive place they gained within a short time! When you have a unique idea, then your work will talk, the name doesn't matter! But a catchy name always attracts more attention than a labyrinth name!

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Quote from: ?? on ??

In the crypto the name is not as important as the project team, it is the team that promotes the project, and the strangest name can go to the top of coinmarketcap, although of course a cool name can give some bonuses.

Your name is part of your branding, so it's also important to have a good one, though you are right even strange name can go to the top if the team behind are really working hard from both developing and advertising the project.

Quote from: Squezzi55 on August 11, 2020, 02:01:21 PM

Many projects have ridiculous or hilarious names and few have meme names too but I don't care about project names, the quality matters than user names, Doge coin is a old good coin and it's a meme coin in the past, now it's more than just a meme coin

Good example and still Doge continue to survive and even sometimes being pumped by the whales.

Squezzi55

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Many projects have ridiculous or hilarious names and few have meme names too but I don't care about project names, the quality matters than user names, Doge coin is a old good coin and it's a meme coin in the past, now it's more than just a meme coin

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Quote from: Sulman326 on August 11, 2020, 07:52:05 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?

In order for a project to get a good response in the market, something depends on the name or sometime not. Depending on the name, I said for this, if you name the project according to your product then it will attract investors. When the investor first hears the name of your project, then if he is interested in the project then it is profitable for you. A beautiful name helps a lot to create interest among everyone

Because you can see in the market that there are a lot of projects whose names are very bad. Since the name of their project is not beautiful, they could not be very popular in the market. So it is important to select the name of the project according to the purpose of the project.

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