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Author Topic: How important is the name of a cryptocurrency project?  (Read 687 times)
crenfrosck
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September 13, 2019, 10:08:08 PM
 #41

Even though I would like to say no, it has some impact. Name and logo play essential role as a brand, and let´s be honest, we like nice things. I can not deny that a project with unique/appropiate/eloquent name make me to look at it deeper, so they have bigger chance to gain my attention. Such a small thing can be a starting point of the butterfly effect which can bring you to a total failure or a long-term success  Smiley Not the most important one, but no one is capable of studying every single project and we filter them by some attributes which are often not logical, but it is what it is  Grin.

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September 13, 2019, 11:09:57 PM
 #42

I enjoyed reading comments below your post. The name matters but it’s not everything. And don’t forget that perception of it is really subjective.
To be sincere, the name giving to a brand or new project doesn't have any impact in the success of a project because what determine the success of a project is the concept and the outstanding features prepared by the project team. An example is Binance which is the combination of binary and finance. Mind you, the name was not what give Binance it current popularity but I will advise the OP just to make sure the name use is neutral i.e not use by an old project/company.

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September 13, 2019, 11:11:46 PM
Last edit: September 14, 2019, 03:40:20 AM by Danslip
 #43

The name of the project should be clear to explain the idea of the project, otherwise, it is just a combination of the symbols. The concrete brands have a special name list when they started the business. The brand managers also advise thinking about the name of the project before joining the crypto ecosystem. The real use case of the project is more important for me than checking the meaning of the name in the chosen project. It is important for me to see a working product but the laughable names are not accepted as a legit project by me, to be honest.
 
I enjoyed reading comments below your post. The name matters but it’s not everything. And don’t forget that perception of it is really subjective.
What is your subjective opinion regarding the rebranding of the old project if you read the many opinions on this thread? The name matters and I am confident about the answer to the questions regarding he investing in the project which has a logo, name called "QWERTY'. The more useful names are there but the funny guys considered the being fame rather than attracting more investors to their hard prepared project?
 

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zuziekatee
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September 13, 2019, 11:47:02 PM
 #44

Project name dosent matter especially when the team is legit and they know what they are doing ! Although some investors fall in love with a project name and invest just because of that and vice versa ! But this dosent add anything to a project performance !

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September 13, 2019, 11:59:18 PM
 #45

I enjoyed reading comments below your post. The name matters but it’s not everything. And don’t forget that perception of it is really subjective.
Indeed, what matter most is the goal of the project, though the name does gives point to it, but it doesn't have the majority of its value. The are some fancy project name kut in the public but the project as a whole is ridiculously a waste of time and therefore its just a trash more likely it could also be a scam.

Project names are just names to be recognize as a whole. Even so it is important for we can just make a project that is anonymous but the team is publicly recognized.
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September 14, 2019, 01:04:42 AM
 #46

Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.

You do not want to invest in Pokemon Coin, Digimon Coin, Dragon Ball Coin right?

Giving a coin a good name is a basic thing. How can they be trusted with our money if that's giving a good and simple name can be given a serious approach?

Maybe in the past it will work but today it won't especially there are lots of scam projects now.
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September 14, 2019, 01:54:17 AM
 #47

Choosing a simple yet catchy name for a project makes the project interesting but do not add any real value to the development of the project. The development and success of a project has got nothing to do with the name of the project but rather the idea behind the project, the expertise level of the team, the product of the project and its demand etc are some of the factors required for the success of a project.

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September 14, 2019, 02:14:12 AM
 #48

It does matter because if the name is attractive it has an impact for people to became curious to know more about the project.

But this is only one of the factor. The important part is the project itself and the team behind it not just the name.

Because it will determine the success of the project and on how people support it though the services offer and the problem that they can solve.

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September 14, 2019, 04:25:46 AM
 #49

In the first place all we know that name is really matter. Because it is the one factor that the first thing that investors will see and read and in the name we will based the first impression. And in making an repuation name is very important because we will determine a good or bad project recognizing by name.
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September 14, 2019, 04:41:53 AM
 #50

all the branding, naming and logo are always important for any business, and must be done by professionals. Sometimes it is clear that a project will be a complete failure when you see a bad logo or a name that doesn't sound good for a global brand. You need to do a lot of research to know if a name is appropriate in different cultures. Who denies this does not pay much attention to the world around. Probably those buying "Abibas" shoes Grin
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September 14, 2019, 04:46:01 AM
 #51

Personally, I don't think the name of a coin has anything to do with been attractive or whatever because everyone in the business of crypto what a profit and we only go for a coin that will bring profit irrespective of the name.
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September 14, 2019, 04:52:46 AM
 #52

I don't think it's not that important and doesn't have much impact on investors etc. People usually interested on a quality project with an experienced and hardworking team, lots of partnership and attending blockchain events.

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September 14, 2019, 05:34:17 AM
 #53

the name of the project cannot determine the success of the project,that can only be a concept and team work so that the project is not only good in the future but can run long and successful..

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September 14, 2019, 05:57:02 AM
 #54

Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.

It has a huge impact, in fact, companies are spending time and money to get the best name for their project, we all want a name that is associated success, longevity and sometimes projects, explain why they come with that name, some famous and popular products has a great history on how they come up with their name.
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September 14, 2019, 08:46:19 AM
 #55

This is ridiculous, you should choose by yourself to know if a name matters much
1. Choose a project with a very attractive name and very worse teams or have no working product and nothing to show for it or

2. Choose a project with a not so attractive name and yet have everything to show for it, they list on big exchanges and they work accordingly to their whitepaper,roadmaps and get listed on CMC

The choice is yours to make but for me, project names have nothing to do with what the project can deliver or its success
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September 14, 2019, 08:54:27 AM
 #56

the name of the project is more dominant in popularity and usually it is an old project that launches their program again and of course old users who benefit or have participated previously will then participate again with the project, maybe the effect is like that.
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September 14, 2019, 10:33:47 AM
 #57

I do not think that the name of a project can have a positive or negative impact on that project. Only a project with an interesting name can be catchy. And an interesting names can make us do more research because of the curiosity about that project. But I think the actual event depends entirely on the purpose, vision and team members of the project.
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September 14, 2019, 01:08:44 PM
 #58

I think it is very important the name of crypto currency project. because here is a chance of being scam if there is no name in crypto currencey project it will not be  published like others.so Itt is important.
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September 14, 2019, 01:22:14 PM
 #59

Names are vital, of course, not just crypto projects. Make sure it is a name that you like and is well known to everyone. This is important because most of it is a reflection of your project.
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September 14, 2019, 02:43:36 PM
 #60

In trading a project their is what we called name of project that is very common to the manager that creates it but where guessing if it is important or not and for me it was slightly important because it is used to determine what's the name of the company and to easily convince the investors to join(if your company name was convincing)but by the use of whitepaper the name was getting useless because if they wanted to know something deeper to that company they can easily see it.

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