Topic: What makes an altcoin valueable? - page 17. (Read 4625 times)

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

I think it makes it valuable first and foremost the development team depends on them how they will approach the product development,team and team manger behind the devlopment of the project, community that trust in the project

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

How does one create that community? Facebook pages, Telegram? PR?

I think there are many things but three important things for success of an 6altcoin are

1. Team who are handle complete project .
2. Project Theme because if you project will be unique then success ratio will be high
3. Project Representation in public. Because without introduced any project in publically it can't be succesfull.

Altcoins are only valuable if they have an actual use case and the token economics make sense.

My favorite altcoin AMB is a utility token for a Swiss supply chain platform which is run by multi tiered decentralized master nodes and payouts for node operators are tied to the number of data "bundles" processed and stored each day.

So one of the ingenious things about AMB’s tokenomics is that while all the bundles are fixed at a USD price of $10 (to make adoption easier and consistent), the bundle price is actually paid in AMB based upon the current USD-AMB exchange rate. Therefore, even if you don’t have a node and are simply holding AMB, you are still holding the fuel for the entire AMB-NET. As the network grows, demand for the Nectar, which you hold, will also grow.

Another ingenious part of AMB’s network design is that every time a bundle is purchased, the network will automatically burn 5% of the AMB used to purchase the bundle. As mentioned above, as the network grows, demand for AMB will also grow as users will need it to purchase bundles. This growth in purchased bundles will subsequently increase the rate at which AMB is burned. So the more the network grows, the faster the burn rate is for AMB which will create scarcity. So you have this dichotomy where as the network grows not only will demand for AMB rapidly increase but at the same time, the supply of AMB will rapidly decrease due to more burning. As you’d learn in a basic econ class, an increased demand OR a decreased supply will lead to a price increase. But having both an increased demand AND a decreased supply happening simultanesouly can really cause a snowball into huge growth.

I think the law of formation of value is the same for all markets, first of all it is the demand for a coin or a token! In turn, demand is hiding many factors ... (capital, idea, team, demand in the markets ..)

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?