Bitcoin Forum

Hello
I am interested in producing an Altcoin to raise funds for a project , but I'm kinda inexperienced with this plus I am a dentist so no experience with programming at all
I would be grateful if someone could help me out from zero level about what I should do to start this project

If you don't have any experience in crypto technology then you have to hire a team expert in crypto and blockchain for that you will need some capital.

How much approximately

Just don't do it if you don't even know what you're getting into. There are so much altcoins already and 95% of them are shit, 70% of them are dead, 25% of them are useless and just trying to make a quick buck, and 60% of them are created for something stupid like "con coins, the cryptocurrency of the convicts". Like wtf? How can convicts even use that crypto, if the are not even allowed to use phones in there.

I agree with you that shit is all over ,and people are doing ICO looking for a quick buck
but if scumbags could envade the game and make money, then I guess a sincere fellow with a real project that carries a genuine idea could raise money for his project, afterall that's what fund raising and ICOs are really all about
I have a project , but my defect is in the crypto part ,that's why I was asking if someone could help me

A couple of things you need to be aware of. Number one, considering a perfect coating and a perfect launch, and everything else going exactly as planned, your Alt coin will be one of hundreds that are lost within a 60-day period. The next thing you need to take it a consideration is the fact that you don't have it a program or coding experience. What that means that if you pay someone to do that there's a very good chance that they can take advantage of you 30 days down the line 3 days down the line or even a year down the line.

Do you want to say that every altcoin out there is made by someone who has experience in programming?

It is possible to code into those coins, Mine trapped block Rewards and all manner of deviant payouts. If someone is not the controller of your first node then those kinds of things are much more difficult, but it can be done and for someone who has no clue about what's happening with the Kodi itself the likelihood of it happening is pretty high.

You will have people try to talk you into complete and absolute control over all of that, they will offer it up as free hosting, free node hosting, free wallet hosting, and all kinds of different things. What most of those things translate into, is an attempt to control your coin beyond your control.

If you do have someone do the coding for you, then when I suggest is if nothing else, setting up your very own VPS, and making the original compile on that VPS, that takes a very low level of technical experience, and if you do that yourself that you're maintaining control over the original note plus you're educating yourself at least to that low-level on how things work

I like your idea, all you have to do is find an experienced team that suits your concept.
https://bitcointalk.org/index.php?topic=1999784.0
Maybe this is the same project as your idea. You can see its advantages and disadvantages, it can also be a comparison for you to make the project later.

Good luck  :D

I agree with you I do not think that's all they need, maybe they should have a very good concept to create an ico project, because without a pretty mature concept, about you make it, I'm not sure the project they want to make will not work properly And will never succeed in the future

you should hire a team if you have funds no one is going to help you free of cost as it is a saying in Dark Knight " if you are good at something never do it for free'

I always wait for the new Altcoin  ;)

 create your own coin token on etherum or waves would be the way to go.Your can create your own tokens and sell then at your own price.No need to build a block chain or wallet from the stach

That's the best thing you should do sir you need to hire a team which are expert in this project because its better that the person really know about everything in the trading.

Certainly the team that understand and have been dabbling in the world of  cryptocurrency with good reputation.

Honestly, it's probably easier to get a traditional funding method approved versus a crypto. The tax regulations alone will be a headache for you imo versus traditional funding methods.

What headache? There should be law offices doing this by now.

If you really want to make an altcoin better you learn the basics. And try to find someone who understands altcoin, and if you hire a person or team you must have more money to pay for it. My suggestion is better you deepen the information about altcoin so as not to blind

Its just like a person who just started at work you actually need the basic first before you learn more deeper regarding the organization just like this campign you need to start basic in altcoin for you to learn more.

Maybe this project needs a good concept and you should have a team to make this project work.

I was googlling in google how to make own altcoin and i saw some sites where you can pay some amount of money and they will create for you new altcoin but i am not sure if they are trusted,i prefer you to find sites like that and check their rewievs.