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Question: How do I start Mell?? Please help.
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Mellnel (OP)
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July 04, 2017, 12:44:17 AM
 #1

 I am no crypto proffesional or developer of any sort. I am an average worker in Iowa and I am seeking to start a retail company. My company is called Melloney's LLC. I want to specialize in womens clothing. But I want this retail store to be special and relevant to our generation and whats further to come. I have an idea for Melloney's to venture into the crypto-currency world. I want fully compatible hardware to go into the brick and mortar stores of Melloney's. (BTC,LTC ect...) I want to promote art and beauty everywhere. Self empowerment and confidence in all expression. Like I said I am no crypto-developer/technician. I am a 28 year young enthusiastic future entrepreneur seeking to help integrate this technology into to the homes of people around the world. I am interested in charities helping other countries pickup on this technology helping them build off this technology and more. I want to do this all under the name of my company Melloney's LLC. I have the domian ready for this site. I have a facebook page. I am looking for advice on how to jumpstart this project. I am completely new and brave for even writing this. But thank you to those who have read.
 The Alt-coin I want to create is a "retail coin" called "MELL". I want this to be the currency acceptable by Melloney's and other retail stores. I want this to be the official "retail coin". Please anyone add to these ideas leave conacts, teach me, help me hold nothing back. Even tell me if my idea sucks. But I do know I want Melloney's to be here to stay. The retail company of our generation. Its more than an idea, its a vision!!
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ranih
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July 04, 2017, 01:01:09 AM
 #2

First of all, welcome!
You can easily create your own token today on many platform (waves for example), but the technical part is not the issue.
You need to figure out why would be people use your token, why is it better than just use BTC, ETH or even USD, why its value would increase over time, etc.
First answer those questions, before actually creating the token.

Good luck!

Mellnel (OP)
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July 04, 2017, 01:11:56 AM
 #3

thank you. The value I think will increase by the value of the store. In this case should the coin be an asset or a currency. I would like MELL to be used as a sole retail coin for stores.
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July 04, 2017, 01:23:08 AM
 #4

if you can create instant coin use walletbuilders.com but bad service is not good
another you can use etherum token, this now much people interst and like if coin create use etherum token


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ranih
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July 04, 2017, 01:55:25 AM
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thank you. The value I think will increase by the value of the store. In this case should the coin be an asset or a currency. I would like MELL to be used as a sole retail coin for stores.

You need to work on your model. There has to be supply and demand...
How do people get the coin in first place? Why would people want to hold the coin? Do you want people to pay with it?

Mellnel (OP)
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July 04, 2017, 02:07:03 AM
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I would like people to pay with the coin. I am going to need more insight on what you mean by "model"
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July 04, 2017, 02:59:22 AM
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I would like people to pay with the coin. I am going to need more insight on what you mean by "model"

Your business model with the token.
More simply, would people buy the token? What's in it for them?
If all they do is paying you with it, then it is much easier for them to pay with fiat

Mellnel (OP)
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July 04, 2017, 03:03:47 AM
 #8

Ok. I get it. what would be some of the ways to acquire a new coin? Or more so issue a coin like this. Like you asked
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