How important is the name of a cryptocurrency project? - page 3.

bitgolden

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Rockie1234 on September 11, 2019, 11:32:27 AM

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.

Name should not be of concern at all to anyone, the only thing I just disagree with on name is making the name of the coin too long to remember even if it would have a shortened icon but it should not have a long name that would l make people not to easily remember it or call it when they need to make reference to it.

The most important thing In any project is not the name but the product of the project, and if the product is a real use case, there is no way that people will be concerned about name that much, and also the project development team must also be a solid, one, one that people can really reckon with and be proud of, once all these can be solid in any project, they the project will be good to go and be sustained till future.

Mr. Art

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HiveNet - Distributed Cloud Computing

Quote from: Rockie1234 on September 11, 2019, 11:32:27 AM

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.

sometimes name can attract more investors, but sometimes not buddy
i think an unique and meaningful name on a project will be good, because investors will read the name first before learn all things about the project

darth_cryptorider

member

Activity: 470

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It's doesn't matter not the name make quality, but the product and people who stand behind the project. Only then the name of the project become popular among the crowd

martina14

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IT is very important for me as it will be not just a name but a name that will represent the whole team and the project.
Also it is very important to have a unique one and the tickle name which might have a same brand to others. that will occur a problem in having an exchange.
I just like to see new ones unlike those project who ride the hype like BTCgold or ETHgold.

pandanaran

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the term project name has an influence on investors, but I would not say that the name of the project is very important. often new projects launch their cryptoqurency based on the name of the previous project, they use the name of the old project to attract market investment.
for example: bitcoin 5000 (BVK), BitcoinRegular (BTRL), BitcoinMoney (BCM), Bitcoin Platinums (BCP), etc.
and for me the most important thing is the performance of the team and marketing their products in the market, because that's what will determine the fate of their projects later.

Layers318

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CurioInvest [IEO Live]

Quote from: Saisher on September 14, 2019, 01:57:02 AM

Quote from: Rockie1234 on September 11, 2019, 11:32:27 AM

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.

It has a huge impact, in fact, companies are spending time and money to get the best name for their project, we all want a name that is associated success, longevity and sometimes projects, explain why they come with that name, some famous and popular products has a great history on how they come up with their name.

You have a point but the name does not have any major influence in the project development. Although a nice sounding name with good meaning which may be associated with the goals of the project is catchy on the market, the main idea and product of the project development do not come from the name. The success of a well developed product and project comes from an experienced team with well structured marketing strategies which will attract investors to the project.

Wyndesam

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Activity: 392

Merit: 10

Quote from: jackblacksparrow on September 14, 2019, 03:13:53 PM

The name of the project doesn't matter, the main thing is that the project was working and perspective, but if the project name is easily remembered, it is not bad

Typically, good projects take a simple name as easy to remember , or take their names and put them in the title , the main thing for me is certainly not the name but the product itself and how it is made !

EmmaBen

jr. member

Activity: 322

Merit: 1

Well, a name of a project being commensurate with the services and utility of the project in question, does a whole lot of good to the project. Having a name which is unrelated to the project could be a turn off to the project in the long run. Notably, like in every brand, packaging does a whole of good and the crypto space is no different. A project must have a solid name reflecting what it offers and as such name branding should be taken seriously.

Bananington

sr. member

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Merit: 344

The name doesn't really matter much, unless it doesn't make sense like "shittoken" as an instance or using vulgar words etc. It's about the team's devotion and project development and not about the name.

retnoanjani

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Quote from: TrevorS on September 14, 2019, 11:36:19 AM

Cryptocurrency projects are no different from their non-cryptocurrency counterparts. The project name is a very important component of the project brand.
Any brand begins with a name. Bad brands have names that do not reflect the internal policy and purpose of the project, and they are also easily forgotten.

and usually the name has a certain philosophy that the project wants to convey. If there is the same name as another project it will certainly be confusing. A unique name will definitely be remembered more. So, choosing a name as the main door of a project is very important. However, many ignore it and are more concerned with the quality of the project. Each person has priority.

mickey_miner

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Activity: 910

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Proof-of-Stake Blockchain Network

Quote from: Rockie1234 on September 11, 2019, 11:32:27 AM

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.

Of course, the name of the project plays a big role. If the project is called a word that people associate with something bad, the project will have serious problems.

vladimirhf

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Merit: 39

Quote from: Aldrinx00 on September 14, 2019, 12:52:46 AM

I don't think it's not that important and doesn't have much impact on investors etc. People usually interested on a quality project with an experienced and hardworking team, lots of partnership and attending blockchain events.

you mean speculators. yes these ones just pay attention to prices, to technical analysis charts. Investors are the ones who put money into the project for long term and stick to fundamentals. Professional and corporate investors usually have a higher education level, they understand and care about things like "brand equity". It's a good topic to research before giving opinions.

rdluffy

legendary

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Most of the people will say it's very important, but it's not
Obviously you can't put any offensive name, but people will not judge a coin by the name

I work with advertising and today we have so many companies that name is not so important as before, think about most of brand names, and it doesn't make any sense, and people took a LOT of time thinking about a name that it's better to focus on another aspects of project

ven7net

full member

Activity: 1946

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I believe that the name plays a big role in the success of each project. For me, the first thing that matters is the title, since it usually dampens the meaning of the project or its direction. You can right now look at the names of successful projects and you will see that they are at least consonant and make sense. I sometimes choose projects to participate based on the name and very often projects having strange and meaningless names already at the start turned out to be scam and scammers.

jackblacksparrow

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Erotic Industry on the Blockchain! RachelX

The name of the project doesn't matter, the main thing is that the project was working and perspective, but if the project name is easily remembered, it is not bad

TrevorS

sr. member

Activity: 1050

Merit: 377

Cryptocurrency projects are no different from their non-cryptocurrency counterparts. The project name is a very important component of the project brand.
Any brand begins with a name. Bad brands have names that do not reflect the internal policy and purpose of the project, and they are also easily forgotten.

attech21

jr. member

Activity: 224

Merit: 1

In trading a project their is what we called name of project that is very common to the manager that creates it but where guessing if it is important or not and for me it was slightly important because it is used to determine what's the name of the company and to easily convince the investors to join(if your company name was convincing)but by the use of whitepaper the name was getting useless because if they wanted to know something deeper to that company they can easily see it.

wedosgibas

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Activity: 535

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here we go

Names are vital, of course, not just crypto projects. Make sure it is a name that you like and is well known to everyone. This is important because most of it is a reflection of your project.

linkingt

newbie

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I think it is very important the name of crypto currency project. because here is a chance of being scam if there is no name in crypto currencey project it will not be published like others.so Itt is important.

o.ogurlu

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Merit: 12

I do not think that the name of a project can have a positive or negative impact on that project. Only a project with an interesting name can be catchy. And an interesting names can make us do more research because of the curiosity about that project. But I think the actual event depends entirely on the purpose, vision and team members of the project.

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