What people do to make their altcoins popular?

StarofBTC

hero member

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Quote from: Gab20 on May 10, 2019, 08:06:07 PM

What a coin is used for is not the only criterion that makes it popular. There are other factors.
Marketing is one of the most effective methods of making a coins to be popular and if it is done effectively, it will serve its purpose.

Marketing also without a very solid product will only end up making the coin a shitcoins after the hype expires, the first thing a project needs to do is to polish their product very well, and make sure it meets the quality that will make it to continue to thrive in the market.

if they market a product that is not going to be an acceptable one to the public, they might get the hype from the beginning, but people will not take the project serious and it will result to quick dumping that will make one become a bag holder of the coin, so developers must first pay strict attention to the product the project is coming out with first.

Korkorjkk

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The hype from coins all comes by through advertisement. It can take the form of bounty campaigns or campaigning through Facebook or google. If there are individuals who are paid well to advertise, then advertisement will be very simple.

veraro

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Harmony for One and All

Dice site not bringing a lot of popularity for particular coins, but some people like stuff like this so projects try to cover this field too. The more useful thing for coins is increasing community. It good thing when projects launched giveaways or some competition for community, that makes token more popular.

steveabrahams

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Quote from: shield132 on April 15, 2019, 05:19:28 PM

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.

Hmm, it's good strategy but it will works if that dice site already popular and have a big community inside. If the dice site is still new and already make their own coin, usually it will not works because the amount of player is really low. If the project is really good, people will look into it.

qcoindev

newbie

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This is pretty interesting. I've been researching what methods to will use to gain traction for a new altcoin project.

BUK2016

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Quote from: shield132 on April 15, 2019, 05:19:28 PM

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.

In my opinion, just like ICO was the major ways of raising money via crypto currency in the past gambling has now taking the place of ICO and it is not rational for one to do what will not earn you money just because you think there is huge demand for shops in your opinion.

lyks15

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I think become a seller using digital curremcy is so risky. All we know that using digital currency in buying online needs a great innovation of technology. And we need also a innovation for paying security. We the risk of online transaction that can make a scam easily so it is so risky for the online seller to handle every online transactions.

Gab20

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What a coin is used for is not the only criterion that makes it popular. There are other factors.
Marketing is one of the most effective methods of making a coins to be popular and if it is done effectively, it will serve its purpose.

Emmy92

jr. member

Activity: 837

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Most of the time it is the community members who contribute in making the project popular by sharing good news about the project. It is worthy to know that, this will only happen if the project has given good reasons why it is worth sharing and once this is done the project and as such the altcoin will start getting the right attention.

MonaLeeTracy

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Quote from: fuer44 on April 15, 2019, 08:08:29 PM

many ways to introduce coins to the outside world, or besides crypto markets. as you mentioned, dice is also a good method. other than that there are other gambling sites that can be used, or maybe you can go to shopping centers or big shops.

maybe it is true that you conveyed in popularizing altcoin as a developing currency for investment using social media, but all that must also be the legality of the government in implementing altcoin as the applicable currency

Flezy

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When team develop and enhance their underlying product they will make their platform popular as well as their altcoin. Nowadays, investors are wise and will always go for where they will draw value and benefits not loss.

PuertoLibre

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Quote from: shield132 on April 15, 2019, 05:19:28 PM

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.

This topic is concerning the demand versus supply in the specific industry. Shopping websites are famous and they are used for buying the gift card of big online shopping sites. Almost all crypto shopping projects copy paste from each other. Gambling websites are trying hard to raise awareness about their new crypto payment model with adding new features to the site.

nutriagrigia

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Oikos.cash | Decentralized Finance on Tron

Quote from: Chuky92 on May 10, 2019, 05:56:56 PM

I will say, in order to make your project or coin popular, there is need to offer a service which will stand out from what is known. As it is this service that will speak for the project thereby attracting more investors and the needed attention.

You can also make a product that will work better than an existing one. This is also a very good option to attract investors.

Chuky92

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I will say, in order to make your project or coin popular, there is need to offer a service which will stand out from what is known. As it is this service that will speak for the project thereby attracting more investors and the needed attention.

JuanPaulo

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In general, I think that creating a new project that will repeat an existing one according to his idea is pointless.
Only original projects are able to attract investors and get money for their development. Therefore, I would not pay attention to a project that repeats someone else's idea.

Averim

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Raising the awareness in the market is possible with the help of good marketing strategy. The main goal in this strategy is to show people how things work and its efficiency.

jan.nicolas

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I do not think that you can do without advertising. It is advertising that solves a lot today. But I think that even the development of the project today will not give such great results that today would solve many issues on promotion. Still, marketers are required.

drumamat

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As a rule, to promote their Altcoins, many conduct bounty and airdrop programs.In addition, you need to hire a person who would support the activity in groups in social networks.In principle, due to the real impact on any project of a strong community, the team of any altcoin should not save on marketing.

Chomsy

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Quote from: 8rch7 on April 15, 2019, 07:07:26 PM

to make a coin more popular, I think it is necessary to implement it on things that are considered important in life, and the scope can cover all walks of life. I think the dice website is not good, because only a few circles like it. I am more amenable to shopping websites, this covers all circles, and can be very much needed

I don't really k ow about the dice website but a shopping website is very considerable. That is mostly what draws the attention of most people online cos there are more online shopping these days.

uneng

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Leading Crypto Sports Betting & Casino Platform

Quote from: shield132 on April 15, 2019, 05:19:28 PM

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy?

No, I think it's not a good strategy anymore, because we have had enough of it already.
Too many people doing the same thing makes it worthless.

Quote from: shield132 on April 15, 2019, 05:19:28 PM

Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.

This could be a better idea, but the goods being offered on the shop must be flashy and original. Goods that you don't find so easily, and if possible for a cheaper price than in other shops.
There is only one negative point about it: most crypto enthusiasts looking for altcoins, might live in foreigner countries, so there are extra costs for them when shopping, that can make this idea not work properly. Virtual goods fit better the idea. Also, the shop should be popular to keep a flux of money and the currency alive.

Topic: What people do to make their altcoins popular? (Read 970 times)