Launching Token without ICO

[GameETN]

Hey folks

I'm just looking for a bit of advice on a direction to take with my project. I have been working on it myself for a couple of years now. Mostly learning tools, developing ideas. I would like to now develop it along with a smart contract token system integrated. As it stands I am looking down the road at another two years of learning and developing anyway before I could see my project being ready for any real launch. By that stage I also hope to have built a small team around me.

So my question is, with all my branding done already, domains, logo, product name, token name, and if I am not planning on going the route of looking for crazy funding through an ICO, should I be looking to make my token live now? My main reasoning for wanting to do this sooner rather than later is to make sure that I don't loose the token name related to my websites. Or is this not an issue? Is there cases of two tokens existing with the same name?  If so I would be happy to leave that part of the process out for now.

[Luvlynj]

You always can change or rebrand your token name, if there's an existing token with that name.

[bhadz]

Or is this not an issue?

This is not an issue if you believe that name matters, no it doesn't count although there are tokens that has attracting names but the development is what's the most important thing.

Is there cases of two tokens existing with the same name?

I haven't seen that there are the same names that are existing, look at bitcoin it has a lot of forked coins and the same goes with ETH.
Focus on what you are planning and just do the rebranding if someone gets the name of your planned token name.

[GameETN]

Thanks for the replies. I guess since the token name would have used 4 letters of the project name I was thinking it important to reserve. The .com tld wasn't available anyway for the token name. Probably looking at 5 letter minimum .com left these days for normal price.  Anyway in the grand scheme of things it isn't that important and I can worry about that in the future.

[Docbee]

Hey folks

I'm just looking for a bit of advice on a direction to take with my project. I have been working on it myself for a couple of years now. Mostly learning tools, developing ideas. I would like to now develop it along with a smart contract token system integrated. As it stands I am looking down the road at another two years of learning and developing anyway before I could see my project being ready for any real launch. By that stage I also hope to have built a small team around me.

So my question is, with all my branding done already, domains, logo, product name, token name, and if I am not planning on going the route of looking for crazy funding through an ICO, should I be looking to make my token live now? My main reasoning for wanting to do this sooner rather than later is to make sure that I don't loose the token name related to my websites. Or is this not an issue? Is there cases of two tokens existing with the same name?  If so I would be happy to leave that part of the process out for now.

if you have all the resources you need you can get started now i have seen many situations where other steel an idea from the original owner of it an airdrop case for instance in the name of litecoin a lot of them were claiming the same name the real one was forced to rebrand it is name to ELTCOIN so it is possible to have the same name your idea may be stolen.

[GameETN]

Hey folks

I'm just looking for a bit of advice on a direction to take with my project. I have been working on it myself for a couple of years now. Mostly learning tools, developing ideas. I would like to now develop it along with a smart contract token system integrated. As it stands I am looking down the road at another two years of learning and developing anyway before I could see my project being ready for any real launch. By that stage I also hope to have built a small team around me.

So my question is, with all my branding done already, domains, logo, product name, token name, and if I am not planning on going the route of looking for crazy funding through an ICO, should I be looking to make my token live now? My main reasoning for wanting to do this sooner rather than later is to make sure that I don't loose the token name related to my websites. Or is this not an issue? Is there cases of two tokens existing with the same name?  If so I would be happy to leave that part of the process out for now.

if you have all the resources you need you can get started now i have seen many situations where other steel an idea from the original owner of it an airdrop case for instance in the name of litecoin a lot of them were claiming the same name the real one was forced to rebrand it is name to ELTCOIN so it is possible to have the same name your idea may be stolen.

Thanks Docbee, only seen this now. Like I say I'm about 2 years out from completing this. It's a project I have been working on anyway outside of crypto and was looking at that sort of time anyway. Though I'm enjoying the challange of trying to incorporate a smart contract into my development of it. I own most domain names using the main project name so thinking about it the last few days I feel I can afford to let the chosen token name go if it goes. I can see more 5 letter coin names being launched over the next while as the 3 and 4 ones get used up. Maybe parking coins will become a thing haha. Thanks again for your input.