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Author Topic: What makes a good token?  (Read 438 times)
EvaGC (OP)
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January 12, 2018, 06:22:09 PM
 #1

According to blockchain guru William Mougayar:

«At the heart of this question is the specific token functionality that is being concocted or delivered. I have written at length about it in Tokenomics, stressing the importance of the token role in a given project, protocol or application. Beyond having figured that out, what makes a good token is undoubtedly the team behind it, because they need to execute, iterate and deliver»

What token will you say has the best team?

(If you ask my opinion, you know I'm a Globcoin happy preacher)
MakeMoneyBtc
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January 12, 2018, 06:30:05 PM
 #2

The team behind a project is very important because it is not the same thing if an experienced team who has done other businesses before start an ico or if a beginner team starts an ico they have a bigger chance of not being successful because they are at the beginning and they can make mistakes.

It is not enough to be a good team if the idea of the project is not good. For example an experienced team can have a bad project wich is not meant to be successful even if the biggest investors on the planet would run it. The team is very important but there are a lot of factors that determines if a token is good or not.
topesis
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January 12, 2018, 07:13:00 PM
 #3

I agree with you  team is very important no matter how sound the idea is, people is still the most important thing, but what i see now is that those celebrated figures in the space are now using their facing to help market a project instead of playing the advisory role they are suppose to be playing
arpon11
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January 12, 2018, 08:46:38 PM
 #4

To me what makes a good tokens are the teams behind the project  and they intentions. I do tried to read the white papers of what the projects stand for and the road map and the directions of the projects. We have more than a thousand story of how people run away and abandoned the projects because the teams are scammers and are out to scam other through ico. Another thing that I looked for is either the companies has been existing for long or the fund raise is what they are going to used to finance the project and this has lead to the dump of the project.
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January 13, 2018, 05:36:56 AM
 #5

Good token decide by many factors, first we have to look what the project is about and how practical it will work in real life next is what their plan in future, for example partnership , we have to check their roadmap and white paper for better insight
seinzein
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January 13, 2018, 06:46:21 AM
 #6

first of all, a good project is the first reason why this token can be good.
then team behind the project is the second reason.
however the team if the project is not good,
there will be less interesting in other bounty hunter.
but team and project exactly is connectable.
bad project but having a good team it takes a bit lucky.

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January 13, 2018, 06:57:14 AM
 #7

It depends on the token, i like to see the project behind, personally i like real estate backed tokens and some other that are coming up with trading platforms like tokenbox and covesting etc.

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Ankhesenamun
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May 23, 2018, 07:21:51 PM
 #8

The team behind a project is very important because it is not the same thing if an experienced team who has done other businesses before start an ico or if a beginner team starts an ico they have a bigger chance of not being successful because they are at the beginning and they can make mistakes.

It is not enough to be a good team if the idea of the project is not good. For example an experienced team can have a bad project wich is not meant to be successful even if the biggest investors on the planet would run it. The team is very important but there are a lot of factors that determines if a token is good or not.
You are absolutely right, in my opinion the main key to success is played by these two components of the team and the program. It is on how well they are selected and stacked depends on the whole result.
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May 23, 2018, 07:37:22 PM
 #9

The most profitable altcoin is the best one for me. So it must have low marketcap with good growing potential. A good team good partners good advertisements make them grow fast. And distribution of coins is also very important. It should be homogenous against manipulations.
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May 23, 2018, 07:47:24 PM
 #10

It seems to me that a good token is a token that benefits people. Token should have advantages over others. It should benefit people who have this token in their wallets and use it.

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DeadCoin
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May 23, 2018, 08:10:15 PM
 #11

According to blockchain guru William Mougayar:

«At the heart of this question is the specific token functionality that is being concocted or delivered. I have written at length about it in Tokenomics, stressing the importance of the token role in a given project, protocol or application. Beyond having figured that out, what makes a good token is undoubtedly the team behind it, because they need to execute, iterate and deliver»

What token will you say has the best team?

(If you ask my opinion, you know I'm a Globcoin happy preacher)

The project and the service intended brings values to the tokens.  The team is the backbone of a team. Applications and other stuffs supporting the projects adds values.  As long g as the service intended captures the market, the value increases.
arjuna BTC
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May 23, 2018, 08:16:13 PM
 #12

active development is the main reason why a token become good and great in the future
just look at the big project, why the project become big
the causes is they have an active development my friend  Wink

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Klovezio
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May 25, 2018, 01:35:02 PM
 #13

It seems to me that a good token is a token that benefits people. Token should have advantages over others. It should benefit people who have this token in their wallets and use it.
but I think most of token are not so profitable and risky, especially the one not released yet. And there are hundreds of those small tokens . Difficult to attract investors.
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May 25, 2018, 01:43:50 PM
 #14

The thing that makes a token good is the team backing it. If the team is a bunch of random scammers, then it would lead nowhere. There are subtle hints to know how the project is. Start by evaluating the project, if it sounds overambitious it is probably a scam, on the other hand, if it seems practical, then go through the whitepaper, operating manager and other similar parameters. Once a project is rated well in these parameters, then the token turns out to be good.
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May 25, 2018, 01:47:49 PM
 #15

I think a good token is a token that has benefits other than for exchange, for example: it can be used to shop online, pay at restaurants, play online games, play gambling, and so on.

with these benefits that will increase the attractiveness of tokens, the more benefits the higher the level of interest will be.

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May 25, 2018, 03:48:02 PM
 #16

The team behind a project is very important because it is not the same thing if an experienced team who has done other businesses before start an ico or if a beginner team starts an ico they have a bigger chance of not being successful because they are at the beginning and they can make mistakes.

It is not enough to be a good team if the idea of the project is not good. For example an experienced team can have a bad project wich is not meant to be successful even if the biggest investors on the planet would run it. The team is very important but there are a lot of factors that determines if a token is good or not.
yes I agree with what you say, a good team will bring good results on the project, in addition the team must be experienced, because without the support of the project team will be destroyed. because a successful project will bring good things to the token.
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May 25, 2018, 04:49:24 PM
 #17

According to blockchain guru William Mougayar:

«At the heart of this question is the specific token functionality that is being concocted or delivered. I have written at length about it in Tokenomics, stressing the importance of the token role in a given project, protocol or application. Beyond having figured that out, what makes a good token is undoubtedly the team behind it, because they need to execute, iterate and deliver»

What token will you say has the best team?

(If you ask my opinion, you know I'm a Globcoin happy preacher)

In my opinion, a good token should have a good projects , supporters and team inside. Actually, projects and its team was decide where the token will go.
Because all supporters are just keep the faith to them, if any issue or news, team should go to the group and tell them, so no one will trying to make any FUD

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May 25, 2018, 05:22:42 PM
 #18

To me it depends on economic impacts and problem solving to the nation
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May 25, 2018, 08:11:13 PM
 #19

of course their team that will make their token good
if they are solid and professional to do what they planned, i think the trust from the community will come automatically and will make the price rise too


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May 25, 2018, 08:26:02 PM
 #20

The project will be successful in this case, if the team will adhere to the road map. For example, listing on good exchanges, a large community, a finished product, etc.
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