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Topic: How important is the name of a cryptocurrency project? - page 2. (Read 717 times)

legendary
Activity: 1386
Merit: 1001
The name of a cryptocurrency project is important, because it is the first thing received by potential investors, but it is not the most important factor in my opinion. There are so many shitcoins having good names. The most important factors are the concept, the product, the team and its experience, and the whitepaper.
sr. member
Activity: 658
Merit: 256
Freshdice.com
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.
In my opinion, the name of a project would really affect the investors whether they would invest or not. In the first place, what should a project name should imply? Ofcourse the platform it of the project or what the project is all about. Some projects' sponsors are even indicated. The tendency in this case is that, investors would trust a project more which is backed with a popular company or sponsored by popular personalities which would give a higher tendency for the project to succeed.
jr. member
Activity: 1876
Merit: 5
Personally, I think that the name of the project is of great importance. And this contributes to the rapid growth and future development of the project. Since the name already gives 90% percent success. And also in the title may be the whole idea of ​​the project and this may affect a large attraction of investors. So you need to carefully select the name of the project.
sr. member
Activity: 819
Merit: 251
This is what I am looking for in this section. For sure some of you remember the forked coins like bitcoingold ethblue. Some of these tokens are not even on the major exchanges right now, I mean most of them are failed. The name of cryptocurrency coin is important because, the name does impact the investors. COIN in the end of the name looks like shitcoin to me except bitcoin of course.
After the name I also look at the purpose of that coin so I can guarantee the future of it.
sr. member
Activity: 868
Merit: 333
Brand name is an essential aspect in a project be it crypto or non crypto project, there are are some brand names that attract people to patronize it, and some names give a hint on what that project is all about, however, brand names necessary determines the success of that project, people invest in project because of the potentials not because of how good the name sound.
It is really an essential part of the project because the name or the brand name will become the face of the product and that is what the people will always remember when it comes to the product. Just let Apple to be an example, before when we say apple, it is just a fruit but now, in this era, when we talk about apple it is now about being premium and being expensive. That is how powerful a name can be.
The name of the crypto will help to differentiate it from other crypto. It reflects to the brand and also to the category itself. Without having a name of the crypto, every individual will find it hard to differentiate and explain to other people what they want to buy, it is also important because it is the word what comes first into their mind when decided to buy in the market.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
Brand name is an essential aspect in a project be it crypto or non crypto project, there are are some brand names that attract people to patronize it, and some names give a hint on what that project is all about, however, brand names necessary determines the success of that project, people invest in project because of the potentials not because of how good the name sound.
It is really an essential part of the project because the name or the brand name will become the face of the product and that is what the people will always remember when it comes to the product. Just let Apple to be an example, before when we say apple, it is just a fruit but now, in this era, when we talk about apple it is now about being premium and being expensive. That is how powerful a name can be.
hero member
Activity: 2562
Merit: 577
Brand name is an essential aspect in a project be it crypto or non crypto project, there are are some brand names that attract people to patronize it, and some names give a hint on what that project is all about, however, brand names necessary determines the success of that project, people invest in project because of the potentials not because of how good the name sound.
full member
Activity: 1022
Merit: 106
From the point of view of marketing, the project's name is important as a brand. Many teams quite successfully exploit the component of "the coin" in the name and are successful both among investors and bountists. Although for me this doesn't really matter-an other evaluation parameters of the project are important. But everyone chooses based on their own principles.
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.

Well, short and nice sounding names are mostly adopted by companies for their attractiveness & easy remembering by  customers. So if your project name is too hard, "shameful", or "boring" for your users to call/remember, they will find it embarrassing to share. But if you projects is irresistible or too useful, your users will naturally make it sound nice by shortening it or giving nice sounding names combination.
So, the name of your project matters alot as long as it is a good project
member
Activity: 375
Merit: 18
send & receive money instantly,w/out hidden costs
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.
Yes, it is very important and the team must think very deeply about what will be the name of their project. The main thing is it must really describe the whole project and its name must be catchy and not hard to remember. But the most important thing is the credibility and reputation of the team whether the community will trust and support them.
member
Activity: 784
Merit: 21
Somewhat important and not that important, quality of the project and the teams professionals is what every investors should put first, things like names and logos should be last on your list, i have seen projects with weird names but they are backed with good ideas and they are doing well on the market
full member
Activity: 658
Merit: 102
PredX - AI-Powered Prediction Market
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.
The name of a project is very important. It must be simple and novel. Do not plagiarize or copy from other projects. To me the name of the project determines its success in the future
sr. member
Activity: 630
Merit: 265
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.
In my own opinion, having a good names in a cryptocurrency project is really important because if your name is catchy and easy to memorize, there is a chance that you can attract lot of investors in your project. Having an unattractive name in a project would be lame because the name and the logo that you would be using in your project will be the trademark, so it should be good and unique.
member
Activity: 574
Merit: 24
Good names is important for projects but its not 100percent important and you can't choose projects because of their names, if you can do some research on scam projects you will realize that many scam projects have very attractive names
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Of course, it's important. It's one main thing that attracts investors at first glance. It should sound trusted and reputable. The name itself is another way of promoting such coin. Developers must think of a name that would sound good and attractive. It has a big impact on the trust rate of a coin. It should sound as if it could provide every investor a good profit.
First impression lasts. A common statement that we read or heard and it can be applied with crpyto projects. A good name can catch people's attention. Provide a decent and catchy name of your project and it will allow investors to check and be interested with your project. Using lame names will not catch the investor's attention. Keep in mind that there's a lot of competition, so it's wise to have a good impression that lasts.
sr. member
Activity: 1596
Merit: 335
Of course, it's important. It's one main thing that attracts investors at first glance. It should sound trusted and reputable. The name itself is another way of promoting such coin. Developers must think of a name that would sound good and attractive. It has a big impact on the trust rate of a coin. It should sound as if it could provide every investor a good profit.
sr. member
Activity: 966
Merit: 274
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.

For me yes, it can somehow provide us with the feeling of enthusiasm when reading the name of the coin. For me, the name of the cryptocurrency somehow determine its potential, it is the trademark that will be mark on the mind of someone that can read it. But one thing I've noticed, about names, if a project or coin mimics those already established coin name such as bitcoin cash, ethereum classic eth, doesn't perform very well on the market.
full member
Activity: 994
Merit: 101
Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.

Nothing at all i think. If you have a good idea thoughtful plan and great team management then i don't think it's matter at all. But that not means you give your project name what ever you want. I saw some projects which name based on their on name. i mean really. Grin Grin  I think it's a better to choose name a name from project what it's based on. And choose small word and maximum two words is the best option i guess.
full member
Activity: 434
Merit: 100
Distributed Intelligent IoT Technology
I think that the name is always important. It's like a business card of the project. For a long time I liked the SONM project by its name. That sounds very interesting. But in fact, the project died. Therefore, I believe that this is important, but not a priority.
member
Activity: 378
Merit: 10
The name of a project is really important for so many reasons out there but does the name of a project really matters? Yes the name of a project really matters as it gives a quick overview of the project and also depicts what the project stands for but what really matters is not just the name but the product and what the projects brings or the services it provides.
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