What makes an altcoin valueable?

[CryptoAllDay]

I'd consider:

1. The team - competent and have experience in the field of their project to show they are capable of completing the project.
2. Partnerships and community
3. The project itself - does it solve a real world problem?

[iBlitz22]

Sometimes it is depending on its platform or in an ICO. Like ethereum, it was being used by many ICOs and projects that is why most of the people or investors invests with this altcoin because of its platform and usage. For me, the value of an altcoin is depending on its usage in a certain ICO or project. If it is going to be used in a daily basis then its value is gonna be a lot importance than any other coin.

[djscreem01]

The instant chart exchange is very effective on subcoins with low volume of money. Being open to innovations makes it possible to feel change at any moment

[roadwell890]

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

each altcoin usually has its own utility based on the platform that issued the token. From here, a token holder already has one advantage

then, platform growth as well as event and rebranding of the platform, of course causes the price of the coin to rise, due to the high market demand, from here you already get a second profit by storing altcoin

then you can trade it with BTC or ETH and maybe even USD directly on a certain exchanger, this means altcoin can also be an asset. this is the third advantage

[TGD]

I'd consider:

1. The team - competent and have experience in the field of their project to show they are capable of completing the project.
2. Partnerships and community
3. The project itself - does it solve a real world problem?

what i have been always looking for is on how does the team work for this is where we can be able to know if there is a possibility that it can be successful cause they have the strong ind of communicating and also on how they are may able to have the successful of the project for.

[Subkarnas]

Altcoin value can be beneficial in several aspects as independability from other coins (not as much now but in future), readibility to take over other coins based on the performance their product offers and promotional value of company strenght behind it.

[upisdown]

The first factor is hype factor, only it determines the price of alt after its listing on the exchange. The secong factor is the technology of this altcoin, the own blochchain is always +, and the 3rd factor is an emission of the coins.

[phelbaby]

I believe if you have a very good team of advisors,a good community and the product behind the project. Your altcoin will be valuable.

[freo01]

Well, what makes an altcoin valuable in not really the value conversion of that particular coin into dollars but the project and plan of those developer behind that project . it doesn't matter if the value of that altcoin is higher or lower but as long as it is good for long lasting hold it does make an alt coin valuable.

[ALWASA]

I'd consider:

1. The team - competent and have experience in the field of their project to show they are capable of completing the project.
2. Partnerships and community
3. The project itself - does it solve a real world problem?

As the campaign implemented the altcoin is valuable if the team has lots of experience of the field of their project. And also agree with you mate that it also depend on the community because community really give an effect if the altcoin is valuable as depend upon the participants on the project.

[Piskeante]

for me what makes an altcoin valuable is one of this two things.

1º if it cannot be mined , than the project, the community and the team will be very important because the project should seem to be appealing or interesting for the people to invest. But the reality is that very few coins survive the first year, and like 90% of them will give low to no profit at all.

2º if it can be mined , it will only be valuable if it can be traded to BTC or another important altcoin.

[Tidsdilatation]

In my opinon it is the following:

1. The team ofcourse. Are there experienced engineers/developers?
2. The leader, and where does he want to take the project. Unless there is a good leader, good engineers/developers wont get the right things done.
3. Ability to use the altcoin, or where the altcoin is intended to be used as. And their way towards that goal.
4. The amount of hashrate the blockchain has. Has alot to do with security, so they cannot do a 51% attack or something like that easily.

[Edsemen]

I think altcoins have value because of
1. Team and project behind the coins
2. Product offered by the project
3. Trust from investors and community

Alt would have value for its the thing that runs through the path of bitcoin and alt would much more interesting by joining some ico that users are all watching for the progress of one alt to be stablished. And alt also is one of the thing that some big investors would spend for it so that it will broadcast by the site.

[jamiebear]

I believe one factor that makes an altcoin valuable is its concept, the purpose of the coin and why it was created. Another one is the demand wherein people should be willing to pay for the coin at the price set gives the coin value and ofcourse the development team who are constantly working on the coin and its success.

[DragonCoinZ]

They are a few things which can make your altcoin valuable. First of all, it has to be an project behind. If theres a token who just want to be the new payment of the world, you can forget it. It has to be a real project behind like Peculium. After that, you need a good team and good devs, who can work on that project. But all of these are useless, when you dont have a good marketing. There are so much good project who cant earn enough on their ICO because they have to less publicity.

[Edrahil67]

the number of people who hold it !

[Haunebu]

In my opinon it is the following:

1. The team ofcourse. Are there experienced engineers/developers?
2. The leader, and where does he want to take the project. Unless there is a good leader, good engineers/developers wont get the right things done.
3. Ability to use the altcoin, or where the altcoin is intended to be used as. And their way towards that goal.
4. The amount of hashrate the blockchain has. Has alot to do with security, so they cannot do a 51% attack or something like that easily.

These are some good points which you stated and I agree with you here. An excellent development team and huge community support is required for any coin or token to succeed in this vast crypto market. A good marketing campaign is also required for an altcoin to achieve success in the long run. For example, coins like Electroneum conducted big scale marketing campaigns which clearly helped them succeed in the crypto market at launch itself. Another big feature that makes an altcoin valuable is its real life use case which can help differentiate it from other crypto coins.

[sudhirratra68]

There are certain factors which make an altcoin valuable.

1. An experienced development team and the advisory board.

2. Bitcointalk.org Thread - A good starting point is the project’s announcement (ANN) thread on BitcoinTalk.org, as Bitcointalk is the biggest forum for Bitcoin and crypto related issues.

3. Stage of the project and VC investments - Evaluate the stage of the project. Does it only have a whitepaper? A beta version? Is there a launched product with limited functionality? Prefer projects which have “some lines” of working code, however, many ICOs have proven they can become success stories without any code written.

VCs (venture capital) tend to invest and support projects from early stages. Look for this information usually on the main page of the project’s website. It’s likely to be considered if a well-known crypto VC is involved, like Blockchain Capital or Fenbushi (belongs to Vitalik Buterin – founder of Ethereum).

4. Community - The community behind a cryptocurrency can greatly impact its acceptance and growth. If the ecoin is being pushed to market by a small group of developers, hoping miners will jump on board, the coin will tend to have a long slow growth curve. On the other hand if the alt-coin is being spread by the developers and a large team of dedicated followers made up of investors and users this coin should have a much more rapid rise to stardom and have more staying power.

5. Usability - The more usable an ecoin is, the more non-investors could be interested in the coin as a simple cash alternative. This is not to
say that investors won’t be interested, but those people that are not active cryptocurrency miners and investors make up a
much larger pool to help drive up demand.

6. Transfers - If the coin can be easily and quickly moved between users, this coin will be preferred over other ecoins which may be slow or have a more difficult process involved to make transfers. A related consideration is how easily the ecoin can be converted to other forms of currency. Currently there are only two cryptocurrencies that can be converted directly to cash, Bitcoin and Ethereum, and through this ability they gain added value.

[zander09]

I think altcoins have value because of
1. Team and project behind the coins
2. Product offered by the project
3. Trust from investors and community

Well if the team are always active and determined for the ICO they have ,for sure the token or coin they have will become valuable specially if many investors invest on it and hold that coin.

[RicardoRicky]

If one creates an altcoin today, what are the 3 most important factors that would make it valuable? Or 3 activities that would do so?

I think the most important is the quality of the product, the quality of marketing and consumer purchasing power. these three things I think can support the rise of altcoin's equity in the market so as to attract the attention and great interest of the investors as well as other consumers, especially if supported by a good advertising program it will be very decisive.