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Topic: How to create a valuable altcoin without conducting ICO? - page 2. (Read 299 times)

sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
it might be possible to privacy coins with the support of investors who are special partners with a 40:30 share

I mean there is a memorandum of understanding internally, and they don't need public ico anymore. all have been covered by funds from special partners involving large companies, I think about projects that are truly potential and not circulated transparently in the initial concept. Then what they do next is distribute 10% in the form of airdrops, and the rest for exchange etc. All thoughts are still focused on coins which are "working products" and I have not found other types of valuable coins that can be included in this category.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
How to create a valuable altcoin

It needs to have an use case. You dont create a coin and then search for the use case. You have a use case and then make a coin for it. If there is no reason to make one then you simply dont do it. ICO makes coin less desirable. It automatically makes a coin a security. Some managed to dig out of that. But most countries are not that strict about that yet. 
This is by far the most important aspect of a coin, when bitcoin was first created the reason for its creation was very clear to become a decentralized currency, since then almost all the coins that have been created have the very same purpose and that is why it is impossible for them to surpass bitcoin, but some of those coins have included new features and characteristics unavailable in bitcoin like smart contracts or improved privacy.

So if a coin that is being released today does not have an original use case like most coins at least it needs to have amazing features that you cannot find in any other coin, most of the time that is not true and that is why most coins fail.
legendary
Activity: 2730
Merit: 1288
How to create a valuable altcoin

It needs to have an use case. You dont create a coin and then search for the use case. You have a use case and then make a coin for it. If there is no reason to make one then you simply dont do it. ICO makes coin less desirable. It automatically makes a coin a security. Some managed to dig out of that. But most countries are not that strict about that yet. 
sr. member
Activity: 784
Merit: 251
The first is the product, yes it is very important (someone will not buy without looking at quality). Without real, functional and clear products. inflation will not occur and investors will not glance at it. for now between the two things, namely: the fact that the current project does not have new ideas or innovations that appear in the public and investors have lost confidence in the new project.

Vision, mission, products, features, goals, problem solving that is in the public, innovation or new ideas, promotions, partners. If all that is occupied by a project it will run smoothly and successfully, and one thing is that a project must follow the direction of technology going. If not then it will miss the train and be like the reality now (will slowly die).
sr. member
Activity: 1162
Merit: 260
That must be to create a product. Remember about what you need to have a fully working product. Right now, some people are thinking if that will almost impossible to create a coin that will be really valuable without conducting ico but you forget about you have some examples of altcoin that already exist that was really valuable. i can call energi as an example. As long as you have a fully working product first and your token will be valuable after that. But this depends on your skill to create a product. Without ico the value of the token will come from the product as more people interested to buy it.
sr. member
Activity: 1190
Merit: 255
Roger is forking a coin not creating, that's big difference there. One example of a good project that they really didn't do an ICO even when that time ICO was very common is Oyster Pearl. They were just airdropping it.

One project like BYTEBALL is one of the best so far that had done something very unique in the old days and when you were here 2016, you probably have a owned good amount of Obyte too when they distribute to BTC owners.
legendary
Activity: 1918
Merit: 1728
So we are almost heading towards 2020 and altcoin is no longer a stranger term to people. In past 8 years, we have seen all types of altcoins. Famous, forgotten, altcoin gaining 10000x value, altcoin losing 99% value, almost every type of coin.

So new altcoins no longer excite investors like they used to do in 2015-16. Now people expect much more from a coin. ICO is one way of giving value to a coin. A coin with successful ICO is likely to be listed at higher price than a coin with failed ICO.

But what if someone wants to launch a coin without doing ICO? How do you think it is possible to create a valuable altcoin in 2019-2020?

Features? Well, at present we have all sort of altcoins. PoS, PoW, privacy coin, anonymous coin, no-fees coin, instant confirmation, unlimited supply, limited supply, ERC-20, independent chain, coin with dapp platform, altcoins today have all kind of features. I don't think investors care about features at all while buying coins.

Big Names? A coin backed by big name may have a higher chance of getting valuable even without conducting ICO. Roger Ver and BCH is one such example. But not everyone is as famous as RV, so?

Airdrop and distributed ownership? This took me back to the days of e-altcoins. I literally used to hate coins like e-BTC. As a new trend, people shamelessly created copy of existing high-valued coin on ERC-20 chain and distributed it among people via airdrops. I still wonder how and why e-BTC used to have volume as high as $7M!!! But this trend was a mere bubble and shattered very soon. Now it is not at all possible to create a valuable coin by simply copying a coin on Ethereum chain and distributing it freely to people.

Strong Project? I have learnt one thing in my life - Do not trust the promises of two people - Government and ICO. If I take a sample of say, 100 random ICOs launched in 2017 and raised their cap successfully, only 10-15 would have actually deliver what they promised. And I am talking about ICOs launched 2 years ago! Projects hardly contribute to the value of coin. Investors mostly ignore what problem a coin is solving, they are only concerned with the value and that's it.

So I repeat my question. How can one create a valuable altcoin without conducting ICO in 2019-2020?
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