Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Joohansson on November 18, 2016, 06:50:15 AM



Title: Stupid coins: The importance of the name
Post by: Joohansson on November 18, 2016, 06:50:15 AM
I've been bothered for quite some time over all crypto-currencies with bad name choices. If you know just a little bit about global product marketing you know that a product name and visuals are almost as vital as the product itself. If you want global acceptance you must understand not all countries in the world speaks English, and there are many others aspects as well. I always thought that Bitcoin is a really well thought name and maybe there actually was put some thought into it before release.. It's easy to say in most languages, you understand what it is, easy to remember, unique, works in plural, tech, etc.

Not knowing much about these coins themselves I put together two lists with the following criteria:
  • Easy to pronounce in non-English (in my case Swedish)
  • Nice flow
  • Unique
  • Awesomeness

Nice
  • Bitcoin
  • Monero
  • Dash
  • Lisk
  • Nxt

Stupid
  • Ethereum
  • Augur
  • Dogecoin
  • Waves
  • MaidSafeCoin
  • HoboNickels
  • Colossuscoin V2
  • Asiadigicoin
  • Unobtanium
  • Groestlcoin

See the difference? If I would invent my own world wide super money I would go for [Unibit]. Without any deeper thought I think it beats most of the 700+ different currencies currently known. Come on, it's not that hard!


Title: Re: Stupid coins: The importance of the name
Post by: kiklo on November 18, 2016, 07:17:47 AM
LOL,

I think Monero & Lisk are Stupid names.


 8)

FYI:
Hobonickels is a salute to the art form.
https://en.wikipedia.org/wiki/Hobo_nickel


Title: Re: Stupid coins: The importance of the name
Post by: TaunSew on November 18, 2016, 07:25:14 AM
Ethereum also contains a "th" sound, which most non-English speakers are unable to produce.


Title: Re: Stupid coins: The importance of the name
Post by: kiklo on November 18, 2016, 07:36:49 AM
Ethereum also contains a "th" sound, which most non-English speakers are unable to produce.

This & That & Thanks,

For all those that need help.  :D
https://www.youtube.com/watch?v=h5LO0hHGfQg

 8)


Title: Re: Stupid coins: The importance of the name
Post by: NathanEbbnflow on November 18, 2016, 07:56:30 AM
I see what you are saying, I don't think a coin's name dictates if they will be successful or not. Might be a small piece of the equation.


Title: Re: Stupid coins: The importance of the name
Post by: Joohansson on November 18, 2016, 08:11:15 AM
I see what you are saying, I don't think a coin's name dictates if they will be successful or not. Might be a small piece of the equation.

No coin, except Bitcoin on a very small scale, has gone global mainstream yet. Maybe the name is more important than you know.


Title: Re: Stupid coins: The importance of the name
Post by: Subtuppel on November 18, 2016, 08:12:55 AM
I've been bothered for quite some time over all crypto-currencies with bad name choices. If you know just a little bit about global product marketing you know that a product name and visuals are almost as vital as the product itself. If you want global acceptance you must understand not all countries in the world speaks English, and there are many others aspects as well. I always thought that Bitcoin is a really well thought name and maybe there actually was put some thought into it before release.. It's easy to say in most languages, you understand what it is, easy to remember, unique, works in plural, tech, etc.

Not knowing much about these coins themselves I put together two lists with the following criteria:
  • Easy to pronounce in non-English (in my case Swedish)
  • Nice flow
  • Unique
  • Awesomeness

Nice
  • Bitcoin
  • Monero
  • Dash
  • Lisk
  • Nxt

Stupid
  • Ethereum
  • Augur
  • Dogecoin
  • Waves
  • MaidSafeCoin
  • HoboNickels
  • Colossuscoin V2
  • Asiadigicoin
  • Unobtanium
  • Groestlcoin

See the difference? If I would invent my own world wide super money I would go for [Unibit]. Without any deeper thought I think it beats most of the 700+ different currencies currently known. Come on, it's not that hard!

Totally agree. The name is fundamental to the "brand" of the project.


Title: Re: Stupid coins: The importance of the name
Post by: BitcoinNational on November 18, 2016, 03:53:37 PM
      Totally agree. The name is fundamental to the "brand" of the project.


      DISAGREE with the following:


    Nice
    • Bitcoin
    • Monero
    • Dash
    • Lisk wat? da fuck is a LSK?
    [/list]  
    • Nxt

    Stupid
    • Ethereum -- eff .. ETH good enuf ... ETC is better since it matches btc/ltc/ftc
     
    • Augur ...  yeah shit

    • Dogecoin ... DOGE ... that's a brand Dog!
     
    • Waves  ...  yeah shit ... also total shit scam

    • MaidSafeCoin  ...  yeah shit

    • HoboNickels
     ... Hobos that's the name; really a not a bad brand if it can redeem for real world hobonickels ... google it son!
    • Colossuscoin V2  ...  yeah shit ... add the V2 part for extra WTF? sauce
     
    • Asiadigicoin  ...  yeah shit

    • Unobtanium  ... you didn't do your homework ... aka ... UN or UNO ... google that son.
    • Groestlcoin
    ... yeah shit ... should rebrand as GRS ... 'grows'
    [/list]


    Title: Re: Stupid coins: The importance of the name
    Post by: woola3 on November 18, 2016, 05:08:25 PM
    A good name has to be easy to pronounce and in the same time pass the radio test. It gets even better if you can visualize it. In my opinion waves is a perfect example of that. Augur doesn't even pass the radio test and lisk and monero you can't visualize either of them.


    Title: Re: Stupid coins: The importance of the name
    Post by: iamnotback on November 18, 2016, 05:18:34 PM
    One or two syllable names are best, e.g. Steem or Dash.

    Names which immediately convey the correct meaning to the uninformed by word-of-mouth are best for viral marketing and recall, e.g. Dash, Bitcoin, Monero, Facebook, Twitter, Iota, and Reddit.

    Names which are easy to pronounce and spell are best, i.e. not Tumblr, LBRY, nor Ethereum!

    Names which are unique enough to be brandable as unique and memorable are best, e.g. Iota, Twitter and Monero.

    Names which aren't portmanteaus of an oft-repeated prefix or suffix are best, e.g. not ___cash nor ___coin names, although Z is kinda cool so maybe Zcash is brandable.

    (Z for Nissan 300Z fast car, for Zoro, for Zero, etc ... but Zcash probably only has appeal as a name within our community, not the masses)


    Title: Re: Stupid coins: The importance of the name
    Post by: clickerz on November 18, 2016, 05:27:03 PM
    @iamnotback yes because it is easy to pronouced. Also names should be easy to remember and has this wow factor when you mention. :) Unique sounding is also ok, it leaves the person becames curious.


    Title: Re: Stupid coins: The importance of the name
    Post by: Ayers on November 18, 2016, 05:29:58 PM
    LOL,

    I think Monero & Lisk are Stupid names.


     8)

    FYI:
    Hobonickels is a salute to the art form.
    https://en.wikipedia.org/wiki/Hobo_nickel

    agree also dash is stupid because it remind me of that detergent that you see in advertisement on tv, nxt remind me of something shady and i don't like it either, litecoin is good, but not like bitcoin, zcash is also not bad


    Title: Re: Stupid coins: The importance of the name
    Post by: iamnotback on November 18, 2016, 05:31:47 PM
    agree also dash is stupid because it remind me of that detergent that you see in advertisement on tv, nxt remind me of something shady and i don't like it either, litecoin is good, but not like bitcoin, zcash is also not bad

    Ah yes that is another important factor for naming is that it shouldn't have incompatible alternative meanings.

    Dash was intended to mean fast, but it has alternative meanings "a little bit", "character in Morse code", and "detergent brand name".


    Title: Re: Stupid coins: The importance of the name
    Post by: iamnotback on November 18, 2016, 05:36:27 PM
    wow factor when you mention. :) Unique sounding is also ok, it leaves the person becames curious.

    There is also the aspect of who is the target market. If the target are speculators for a pump & dump, or to be adopted by geeks only, then a geekcool name such as Ethereum is sufficient.

    But if you want this to appeal to the mass adoption case, then a name such as Ethereum probably isn't going to work. Most females are probably not going to be turned on by Tesla's ether.

    Edit: LBRY is probably another geekcool name.

    Someone make a poll for the best name in crypto. Allow us to select more than one choice (maybe up to 3)?


    Title: Re: Stupid coins: The importance of the name
    Post by: Top2016 on November 18, 2016, 05:56:28 PM
    yes there is importance on the name


    Title: Re: Stupid coins: The importance of the name
    Post by: European Central Bank on November 18, 2016, 07:38:46 PM
    there's a lot of unworldliness in crypto as a whole, starting with bitcoin itself. only someone up to their eyes in computing would release 21 million coins for a whole planet. sure, they're divisible. they should've been a smaller denomination from minute one. that's how most normal humans think and always will.

    most of the names reflect that too. i can't see donald trump complaining that mangocoin reserves are too low so the us treasury is switching to wild beast bitcoin while their foreign aid budget is gonna be diverted into boolberry.



    Title: Re: Stupid coins: The importance of the name
    Post by: synthgauge on November 18, 2016, 07:57:38 PM
    I remember a site that graphically, in the form of spiral diagrams epitomizes 5 years of altcoin evolution. Last time I checked it a year back, it had all alts released between 2011-2015, literally all of them, 600+ or so alts, with animated annotations and nice grouping into classes depending on hashing algorithms, features and manifestos. Anyone remembers whats the site name?


    Title: Re: Stupid coins: The importance of the name
    Post by: suspiciously square on November 18, 2016, 08:06:35 PM
    Ardor is one of the stupidest names anyone gave to a coin. Nxt was a bit weird but it became popular on the basis of being one of the first 2.0 coins. Ardor is ridiculous, and the 2.0 coin hype has run its course. The nxt devs must be betting that giving their new coin one of the stupidest names ever will make it a winner.


    Title: Re: Stupid coins: The importance of the name
    Post by: BitcoinNational on November 19, 2016, 08:45:29 AM
    Ardor has to trade names with NXT ...


    Title: Re: Stupid coins: The importance of the name
    Post by: JeffBrad12 on November 19, 2016, 09:00:51 AM
    yes there is importance on the name
    Depend on your perspective.  ;) We can't blame the name of the coin is wrong or not. Every name maker has had some reason for this.


    Title: Re: Stupid coins: The importance of the name
    Post by: buwaytress on November 19, 2016, 11:43:17 AM
    I somewhat agree from a marketing perspective but for coins created in the spirit intended and for a community it plans to serve, why not a name that suits them? Perhaps marketability is not paramount to some.

    I'm thinking of Dogecoin here, whose name is deliberately funny and non-serious. The doge was meant and still is fun!


    Title: Re: Stupid coins: The importance of the name
    Post by: mace15 on November 19, 2016, 07:04:45 PM
    Thats true we could not blame the developer of this coins.
    We could not blame why they build a stupid coins, but the
    important thing here is how this coin will be a great in the
    market.


    Title: Re: Stupid coins: The importance of the name
    Post by: jacafbiz on November 19, 2016, 07:19:50 PM
    Unibit seems stupid too, look at the recent Ardor project by NXT foundation, it sound nice but some people do not buy into the name. All these are subjective


    Title: Re: Stupid coins: The importance of the name
    Post by: alyssa85 on November 19, 2016, 07:27:32 PM
    In terms of names, my favourite was Bottle Caps, followed by Doubloons.


    Title: Re: Stupid coins: The importance of the name
    Post by: Cashew on November 19, 2016, 11:10:03 PM
    Ethereum has a real good name. Even better than Lisk to my taste. You know, there's even much worse than MaidSafe.


    Title: Re: Stupid coins: The importance of the name
    Post by: JonLord on November 20, 2016, 12:10:04 AM
    I agree with the first post, and think that the name is almost same important as the tech and development, a lot of people first of all likes to identify themselves with the object


    Title: Re: Stupid coins: The importance of the name
    Post by: The Sceptical Chymist on November 20, 2016, 12:34:16 AM
    Ethereum also contains a "th" sound, which most non-English speakers are unable to produce.
    I'm pretty sure none of these shitty names get said aloud.  There aren't two human beings withing shouting distance of each other that are interested in any of them at any given time.

    I think Dash is a stupid name, but I like the coin.  I much preferred Darkcoin.  Yeah, Doge is very stupid.  Monero is stupid.

    Pretty much anything other than bitcoin (and I do also hate that name) is stupid.


    Title: Re: Stupid coins: The importance of the name
    Post by: iamnotback on November 20, 2016, 01:20:39 AM
    Ethereum also contains a "th" sound, which most non-English speakers are unable to produce.

    I'm pretty sure none of these shitty names get said aloud.  There aren't two human beings withing shouting distance of each other that are interested in any of them at any given time.

    I think Dash is a stupid name, but I like the coin.  I much preferred Darkcoin.  Yeah, Doge is very stupid.  Monero is stupid.

    Pretty much anything other than bitcoin (and I do also hate that name) is stupid.

    I more or less agree. It is not like anyone is going to be saying to anyone within shouting distance, "hey hit me up with some Mooneuro bro".

    Btw, I have decided to name the currency of my new project "Shares" (as in the dual meaning of sharings and shares of the pie). We have a set of back up names if the community ends up not liking that.

    But the project name remains secret. I think it will be first name in our ecosystem you will like. It rivals Twitter IMO. I paid $325 for the *.us TLD variant of the 5 characters, one syllable domain name.


    Title: Re: Stupid coins: The importance of the name
    Post by: iamnotback on November 25, 2016, 07:06:31 AM
    Anyway, I don't necessarily think that Monero is the best possible name, but I don't know of an existing cyptocurrency name that is better, and looking down the top 100 list, I don't see any, other than possibly Bitcoin within the context in which it was created (no other such coins existed).

    On the name, I don't think Monero means to most people what you all assume it does in your head.

    Also it is 3 syllables with a portmanteau that can be misinterpreted in many different ways, e.g. Mo-nero, Mon-ero, Mone-ro. Facebook, Viber, and I-on are only 2 (Ion might be 1?).

    It is not a horrible name. It is much more brandable than any name with ___Coin or ___Bit.

    But you are going to have to teach people what it means. Monero is not high tech. No way. It sounds like some cultural heritage from Europe (such as a castle) being applied to computers doesn't make any sense. It is at best associated with fiat money and old world corruption we are trying to get rid of. It will not appeal to the youth and the people who want new, cool, tech. The youth want new stuff not the crap of their grandparents. They want swiping and vibering, not tours of museums in Old Europe.


    Title: Re: Stupid coins: The importance of the name
    Post by: TaunSew on November 25, 2016, 07:43:53 AM
    Ethereum also contains a "th" sound, which most non-English speakers are unable to produce.
    I'm pretty sure none of these shitty names get said aloud.  There aren't two human beings withing shouting distance of each other that are interested in any of them at any given time.

    I think Dash is a stupid name, but I like the coin.  I much preferred Darkcoin.  Yeah, Doge is very stupid.  Monero is stupid.

    Pretty much anything other than bitcoin (and I do also hate that name) is stupid.

    NEM name gets said outloud by millions of people.  Maybe 100+ million

    It means no in Hungarian and it is a food in Vietnam.   :D  ;D


    Title: Re: Stupid coins: The importance of the name
    Post by: BitFinnese on November 25, 2016, 09:19:11 AM
    I think the name of coins is important. It can be subjective according to the goal or intent of the developer.  The name being good or stupid depends on the person's opinion.  The proof about that is the following reply after you posted.  Not knowing what it meant may make the name uncool but digging deeper will more likely think you are wrong about your first impression.


    Title: Re: Stupid coins: The importance of the name
    Post by: jjacob on November 25, 2016, 02:06:46 PM
    If a new coin is really a breakthrough, then the name might not matter.
    Bitcoin would have still succeeded even if it was named as "Decentralized Digital Token"  :P
    The same is the case with Ethereum. In the case of me-too coins, I think the name plays a role.


    Title: Re: Stupid coins: The importance of the name
    Post by: clickerz on November 25, 2016, 02:31:36 PM
    Ethereum has a real good name. Even better than Lisk to my taste. You know, there's even much worse than MaidSafe.

    LOL yeah...Ethereum quite good to hear. There are funny soundng coins in Yobit too. There is also TIT  coin  ;D Whatever the name as long as it has a good features and a large follower or community is a good coin. The good name is bonus for me.


    Title: Re: Stupid coins: The importance of the name
    Post by: PascalCoin on November 25, 2016, 11:53:00 PM
    PascalCoin is nice  ;D


    Title: Re: Stupid coins: The importance of the name
    Post by: mybitcoin101 on November 26, 2016, 12:21:44 AM
    titticoin ;D ;D