cryptopatrol (OP)
Newbie
 Offline
Activity: 6
Merit: 0
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October 11, 2017, 10:11:14 PM |
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i just found out that you can create your own tokens on waves for 1 waves. i was wondering what your guys experience is with this, is it worth it?
can i just do, lets say a huge airdrop and wait for people to start trading my token?
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sylance
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October 11, 2017, 10:14:46 PM |
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LOL, yes it really is that simple, but what makes you think people will trade your token. To trade you need someone to buy, so why would anyone buy your token? Figure out a reason why someone would buy your token and then it really is that easy. I created my own token just to experiment and it takes about 15-seconds. You want to buy them, there's a hundred of them and I'll sell you all of them for one bitcoin.
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Soutogu
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October 11, 2017, 10:23:37 PM |
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Its not as easy as it sounds. Why would anyone want to trade your coin? Would you continue developing it? What would be the real use case for the coin? and many other questions...
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Demure178
Newbie
Offline
Activity: 42
Merit: 0
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October 11, 2017, 10:29:53 PM |
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its now 2 waves to create your token, its worth it, most especiallly it helps reduces capital cost. and has an exchange inbuilt with it
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shinratensei_
Legendary
Offline
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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October 11, 2017, 10:30:36 PM |
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i just found out that you can create your own tokens on waves for 1 waves. i was wondering what your guys experience is with this, is it worth it?
can i just do, lets say a huge airdrop and wait for people to start trading my token?
There is a lot of airdrop based on the waves token and all of them are turning into the shitcoin with zero volume right now or just another useless coin. That will be worth if you are using it for some purpose but not to grab another people's money in the market. You should be fair about that. You can try to visit waves dex and you may see a lot of useless tokens that generated in the waves platform. |
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VackFromOhm
Full Member
Offline
Activity: 234
Merit: 100
It's turtles all the way down!
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October 11, 2017, 10:32:56 PM |
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i just found out that you can create your own tokens on waves for 1 waves. i was wondering what your guys experience is with this, is it worth it?
can i just do, lets say a huge airdrop and wait for people to start trading my token?
There is a lot of airdrop based on the waves token and all of them are turning into the shitcoin with zero volume right now or just another useless coin. That will be worth if you are using it for some purpose but not to grab another people's money in the market. You should be fair about that. You can try to visit waves dex and you may see a lot of useless tokens that generated in the waves platform. Spot on, spot on. Anyone can create a coin, but just because they can doesn't mean that they should. A lot of these spammy airdrops come in with hardly thought out coins and waste people's time just trying to make a quick buck. I think it's great if there are devs who want a coin for a specific reason and the waves setup works- but if they don't have a good reason, then what's the point! The tech is the same and the setup is meh. The built in exchange is alright. Honestly I'll take a coin with it's own code and dev team working on things over any other coin that just paid 1 waves to quickly get setup with no direction. |
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_Dawid_
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October 11, 2017, 10:34:27 PM |
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1 waves coin to create own businesS? I think that it is worth keeping it and very promising. Currently everyone could make own.coin and take some profit from that.
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sylance
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October 11, 2017, 10:42:23 PM |
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1 waves coin to create own businesS? I think that it is worth keeping it and very promising. Currently everyone could make own.coin and take some profit from that.
Again... where does the profit come from? Who's going to buy your coin and why would they? |
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Saifher
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October 11, 2017, 10:45:26 PM |
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It is worth it for a fun side project with friends or to just joke around. Other than that you cant expect to turn it into a top100 coin out of the blue (without serious devs and whatnot)
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Maveth13
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October 11, 2017, 10:51:01 PM |
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The purpose alone of why you want to create a coin make me not want to support you. All these ICOs trying to be revolutionary and unique and all that, then you want to make a coin because you want people's money.
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cryptopatrol (OP)
Newbie
Offline
Activity: 6
Merit: 0
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October 11, 2017, 11:16:01 PM |
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The purpose alone of why you want to create a coin make me not want to support you. All these ICOs trying to be revolutionary and unique and all that, then you want to make a coin because you want people's money.
i don't plan on creating a coin.. i just saw all the random airdrops without any info or product behind the token and was wondering if thats really a thing where people make money out of literally nothing, and if its smart to participate in those airdrops or not. |
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hosseinimr93
Legendary
Offline
Activity: 2576
Merit: 5661
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October 11, 2017, 11:18:40 PM |
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It is very cheap. Creating a coin waves platform is really easy. But what is important is that how you can make your token popular and convince traders to buy it.
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cryptopatrol (OP)
Newbie
Offline
Activity: 6
Merit: 0
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October 11, 2017, 11:42:07 PM |
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i just found out that you can create your own tokens on waves for 1 waves. i was wondering what your guys experience is with this, is it worth it?
can i just do, lets say a huge airdrop and wait for people to start trading my token?
There is a lot of airdrop based on the waves token and all of them are turning into the shitcoin with zero volume right now or just another useless coin. That will be worth if you are using it for some purpose but not to grab another people's money in the market. You should be fair about that. You can try to visit waves dex and you may see a lot of useless tokens that generated in the waves platform. Spot on, spot on. Anyone can create a coin, but just because they can doesn't mean that they should. A lot of these spammy airdrops come in with hardly thought out coins and waste people's time just trying to make a quick buck. I think it's great if there are devs who want a coin for a specific reason and the waves setup works- but if they don't have a good reason, then what's the point! The tech is the same and the setup is meh. The built in exchange is alright. Honestly I'll take a coin with it's own code and dev team working on things over any other coin that just paid 1 waves to quickly get setup with no direction. okok thats what i thought. so i guess i shouldn't participate in airdrops like this |
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freebutcaged
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October 12, 2017, 01:10:40 AM |
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The wait could last millions of years mate, you are free to create as many as you could afford to pay the 1 Waves fee for them, how old are you?
You don't even know what is the difference between airdrop shitcoins and real world assets with value backed by people, you think anyone would
Care about Bitcoin if it was airdropped? Ponzi is another word for the airdrop.
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bitcoinvestor
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October 12, 2017, 01:46:23 AM |
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i just found out that you can create your own tokens on waves for 1 waves. i was wondering what your guys experience is with this, is it worth it?
can i just do, lets say a huge airdrop and wait for people to start trading my token?
You should make project to get your coin valued. You also need to get verification. I also creat a token in waves but has no value. I am not sure what I am going to do with the token. If it is only created with one waves, the coin no worth. Many projects based on waves have many people involved so the coin is worthy like Zr.coin. |
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niisarearning
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October 12, 2017, 01:52:48 AM |
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Even I tried creating token for just experiment purpose but when I want to send that token through airdrop each transaction I need to at fee it may come couple of waves so I left the airdrop concept.
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dbc23
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October 12, 2017, 02:00:25 AM |
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Without a use or reason to it's pointless. Might be good for fun, and hell in a 100 years maybe there'll be a collectors market  |
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lincolnmad
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October 12, 2017, 02:14:24 AM |
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i just found out that you can create your own tokens on waves for 1 waves. i was wondering what your guys experience is with this, is it worth it?
can i just do, lets say a huge airdrop and wait for people to start trading my token?
Nope, in the end your token will become trash because almost altcoins that using waves platform are become trash and we can't trade it outside waves platform. That's why many new ico project are using ethereum platform than waves platform, they can trade the token on many exchanges sites. So, no it's not worth it. |
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Filmmmakerr
Sr. Member
Offline
Activity: 518
Merit: 251
Hello. Bye.
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October 12, 2017, 03:59:43 AM |
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Follow these steps for a successful coin:
1 - Have a product.
2 - Have a white paper.
3 - Be an active dev.
4 - Give people a reason to buy the coin (Aka have a product)
5 - Be a bit more active out here and don't create a coin as a noob.
6 - Have exchanges lined up to list your project. Otherwise its gonna be stuck.
Goodluck.
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