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Author Topic: What people do to make their altcoins popular?  (Read 930 times)
shield132 (OP)
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April 15, 2019, 09:19:28 PM
 #1

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.

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April 15, 2019, 09:22:50 PM
 #2

I don't think dice websites can bring too much people to use that coin, i think maybe more advertising also on social media or some bounties can bring more people to use their altcoins.
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April 15, 2019, 11:07:26 PM
 #3

to make a coin more popular, I think it is necessary to implement it on things that are considered important in life, and the scope can cover all walks of life. I think the dice website is not good, because only a few circles like it. I am more amenable to shopping websites, this covers all circles, and can be very much needed

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April 15, 2019, 11:28:46 PM
Last edit: April 16, 2019, 12:01:16 AM by kawetsriyanto
 #4

I don't think to create dice website is an effective strategy to make their altcoins popular. Not all people are interested in dice website. So, I think it is better to strengthen their community or improve the quality and usefulness of their product [if they have products]. FYI, I see some projects can be successful to make their altcoins popular through giveaways, competition, or airdrops that they provide to their communities.

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April 16, 2019, 12:08:29 AM
 #5

many ways to introduce coins to the outside world, or besides crypto markets. as you mentioned, dice is also a good method. other than that there are other gambling sites that can be used, or maybe you can go to shopping centers or big shops.
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April 16, 2019, 12:23:42 AM
 #6

Each of them have their own freedom of crowd-sourcing or bandwagonning strategy. Some are using advertisements and I have seen some also of what you said like building a gambling site a way to gather more people volume and then followed by endorsing their coin to make volume of it since they are popular already. Its just a matter of strategy.

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April 16, 2019, 01:49:30 AM
 #7

helping to expand the knowledge about the project and the currency, talking about it in social networks, making known the product and the utility it has, participating in its events or social networks, besides sharing its publications, I think that all this helps make a coin popular

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April 16, 2019, 02:06:17 AM
 #8

They are making a project that they believe they can manage and can grow it.
Whether it's for gambling or for shopping, or etc, that depends on the developer and of course depends on how people will see it.
If investors (people) like the concept, they will certainly support it by buying the coin and unfortunately, not all projects are supported, so some will fail.

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April 16, 2019, 02:43:33 AM
 #9

Not really a good way if you want to make your coin/token popular. The best thing to do to make your altcoin popular are bounty campaigns which you get the help of the community, in that way you can have as many as promoter around the world. And another thing would be costly but the effect would be great, hire a famous youtuber to promote your project.
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April 16, 2019, 03:20:05 AM
 #10

Introducing altcoin more broadly so in this way altcoin will be more widely known and promote it more intensively, there are many types of altcoins so you have to be smart to promote it so that it will be more widely known and more will invest in the altcoin

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April 16, 2019, 03:26:01 AM
 #11

A good project is not a team that makes their coin popular, but products or services they offer make it popular.

For dice website, they chose to work easily and quickly, make community dice, and them coin as a payment platform.
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April 16, 2019, 03:34:35 AM
 #12

in my opinion it is one way to promote the altcoin they have become popular but besides that by means of bounty hunter support it will also be very helpful and maximize promotion

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April 16, 2019, 04:11:32 AM
 #13

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.
This strategy is not going to make their coins much popular or much to be used,they will just waste time and money by doing it.But they can promote their coins from their own or even can run bounty by spending their money which also happened few times.

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April 16, 2019, 04:18:14 AM
 #14

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.
To create a marketplace that accepts our crypto will not so easy like build a dice site dude. you must consider about how you can deliver the stuff that already bought by customer and a lot of things need to be considered. But those are creating dice game for their own crypto try to take a simple way to make their coin becomes popular without consider a lot of things.

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April 16, 2019, 04:38:41 AM
 #15

the only correct way of making a new coin popular and keep it popular is to innovate and create something useful. but unfortunately that almost never happen among altcoins so they have to succumb to cheap tactics of fooling people into getting hyped and buying their shitcoin to pump it. and to do that they usually spend a lot of money advertising the token and spend a lot of money pumping the coin and all of that lats for a short time.

as for the method you mentioned, i don't think it works because we already have a lot of good gambling sites, people aren't going to buy a shitcoin just because they can gamble it since there is no lack of such sites.

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April 16, 2019, 04:57:26 AM
 #16

Make marketplace that use token as payment maybe not really easy as they look. Because in some countries, they must make their coin legal first, and then need supplier for anything that they sell, and then a lot of things must be done before open marketplace like that.

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April 16, 2019, 05:23:06 AM
 #17

It's clear that every developer and team behind project want to make their own coin more and more popular but what they do for it? Lately as I see everyone tries to create dice website specially for their own coin.
What do you think, is this good strategy? Why don't they try to make shopping website which only supports their coin? Or something similar of ebates? Why only dice when there is huge demand on shops too.
It is a strategy from the developer, as long as it does not violate the law and rules then it is fine. for me promotion is important in developing a coin. Many coins failed due to lack of promotion, and many coins were successful when the developer made the right promotion. So let's think carefully, every developer will definitely do their best for the development of their coins.
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April 16, 2019, 05:28:59 AM
 #18

I dont think that any altcoin would use shady business like promoting project with such as a shilly business. Many people have been promoting their project with shill business but most of them have failed after the ICO ended.
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April 16, 2019, 05:35:51 AM
 #19

Alt coin for shopping or ecommerce is not too popular, even bitcoin usage for online shopping is not too popular, usually people will create coin for gaming or gambling to increase the popularity and since dice game is very popular and easy to create, many people try to create it, but I don't see any huge success about the coin created for dice site
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April 16, 2019, 05:42:58 AM
 #20

Promote their own project, advertising on popular crypto website and also develop the project of that altcoin.

I think if the project is really good and the team can develop the project to become more better, it will makes the price of the altcoin increase and it makes the coin become popular too.

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