Bitcoin Forum

If you could create a cryptocurrency/token, what would you use it for?

Doesn't anyone want to give their children an allowance with crypto?? :)

To take over the world? Nah, just kidding. Interesting question though, since I've never really thought about it. I was looking at some guides on how to build your own blockchain and create tokens the other day. Fascinating stuff. But back to the question at hand. I really like the idea of basic income, but I don't think it will work, because I don't think that we as people are ready for a giant leap like that. I also like utility tokens, they have a bright future in my opinion. They allow you to do something on the network upon which they are based. I would probably go in that direction. Rewarding systems seem interesting to me. User contributes to the platform and gets tokens in return. That is something that was not seen a lot in the past, because of all the problems one can have with transferring fiat. Tokens solve some problems, but new ones will probably arise in the future. We will see.

If I could create a cryptocurrency I would probably develop some token that is going to be used for payments in every store. I know there are some coins that already have this idea but so far none of them have succed until the final and its probably not their fault because this is a very hard job to complete. Many stores want to add bitcoin or other cryptocurrencies as a payment method but the problem is the volatility of the price wich will could result with lower profit or even deficit of the price drops. If they use an intermediary service the fees would be to high. So the token that I would create is something that uses the blockchain technology but has the price very stable,maybe even fixed. The fees would be very low,just enough to cover everything. Any coin you would create, I takes a lot of time and a good team to make it successful. You could have a great idea with a bad team or a bad idea with a great team so you got to have both of them in order to become successful.

I would not probably create a cryptocurrency now, the new cryptocurrencies in the market are not like bitcoin, their use is limited, why lots of people hold them because they expect a growth in their value in the long term.

Why do I create a token?
Most of the current tokens and blockchains do not have any connection, and I hate these tokens just for hype.

Seriously i would rather not create a token but would create a system that collaborates with other altcoins or tokens. The idea for creating tokens for every problem is just limiting. I believe that the future is in those who can leverage on the technology of other blockchain projects

I would not probably create a cryptocurrency now, the new cryptocurrencies in the market are not like bitcoin, their use is limited, why lots of people hold them because they expect a growth in their value in the long term.


Yeah you can make a crypto its jsut raelly hard to make a greato ne

Never thinking to create any token before i can try to release my own platform. Just try to give utility usage to the token. Never interested to do any ico but just try to make my product live and then try to give a role to the my own token to become a key to use the product and then someone interested can try to buy it. It's really different with ico because i'm interested only to selling the product and the advantage of product itself.

I would create a micro jobs platform where my cryptocoin would be the payment method. I could not create a token but a cryptocoin with its own blockchain. I would not do an ICO neither, but I would do an airdrop for users that registered on the platform on the condition that al least half of the coins should be used in the platform before withdraw.

Everyone of us can do it easily. But it's about how and where to use them and how to convince the investors to invest on it.
I dream of operating a restaurant chain and my tokens to be used for the payment for discount privilege than fiat.

what a cunning guy came up with such a detective survey. If you want to make a good project, you need to think very globally, even if you do not understand any financial matters, but you just need to globally and create a project that will solve human problems

I will create a really legit and fast tether fork. But it will be escrowed in a central bank of a goverment.
Goverment backed tether would be great and will really change the world.
Also that goverment will increase the USD reserves so they will make a good job for the goverment.

i can create my onw token, but maybe i only use it for fun. I mean i dont have any vision or team to make any project.

If I had to create my own cryptocurrency then it would be for my own business.
I am holding high amount of Crypto Assets today so when the Crypto Market will recover then I am going to establish local businesses like coffee shops, restaurants etc.
I will then offer it as my advantage as I will accept crypto as part of my mode of payment for my products and services.
And I would name it KCoin.

Use it for the charity,or for the good enviroment or to help poor countries from resolving their educational problems something that will bring back what is humanity really is,because nowadays people are destroying our environment and our planet is slowly getting worst,the global warming is getting worst so we need to act now,poverty from most of the counties should stop.

It seems to me that all the good coins that could have been created already exist! I think if I created my own coin, then I would have created a way to count on all the stores and supermarkets.

I wish we just had one simple, multi-functional currency that was universally recognized and could be used for everything. We don't need thousands of altcoins and frankly it is overwhelming to keep track of them all.