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Author Topic: How to create a valuable altcoin without conducting ICO?  (Read 303 times)
Bonwin
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December 12, 2019, 11:08:08 PM
 #21

The truth is that, it is long we have had valuable altcoins. Even if an altcoin looks real at the beginning and it seems as if it is different from every other coins, it will get to a point that it will start behaving like others. It means it has lost its sustainability.
Investor trade on them and AF er obtaining their profit, they del the off, leaving the remaining for the next phase of investors.
Crypto5060
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December 13, 2019, 12:15:51 AM
 #22

A ground breaking project backed with strong team, influencers and strong hype are all needed to successfully create a valuable altcoin without a project.

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December 13, 2019, 12:45:51 AM
 #23

The truth is that, it is long we have had valuable altcoins. Even if an altcoin looks real at the beginning and it seems as if it is different from every other coins, it will get to a point that it will start behaving like others. It means it has lost its sustainability.
Investor trade on them and AF er obtaining their profit, they del the off, leaving the remaining for the next phase of investors.
They can create a value but for only small satoshi. Before doing airdop and make it successful but because too many people want to also copy the success of first airdrop they make thier own also and becuase there are too many project coping this it will not work now.
deathcode
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December 13, 2019, 12:53:39 AM
 #24

ICO is only carried out by projects that do not yet have sufficient funding to develop their projects. Most good projects have made prototype platforms with developer money and then get investors from marketing or promotions that they do themselves without going through ICO funding. sometimes you can also see projects that suddenly stop selling because they have already gotten their main investor before the ICO starts. that's because the team has received funding for the development of the project which the team felt was sufficient.
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December 13, 2019, 06:06:09 AM
 #25

How can one create a valuable altcoin without conducting ICO in 2019-2020?
The main objective of the coin is for me one way to create a valuable altcoin.

To be honest, I don't see any altcoin right now that became successful without launching an ICO or even an IEO (if there are some that you know then you can share it here) so launching a coin without an ICO and hoping it to become a successful one is very hard even though the objectives of your altcoin is very helpful to the people.

ICO is another way of marketing the coin so if you don't conduct an ICO, you should think of another way to market your coin aside from conducting an ICO.

 
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starblocks
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December 13, 2019, 06:23:41 AM
 #26

You'd virtually need to release a new innovation to capture attention and some projects achieve this and are commuity funded and don't require an ICO like Grin, which is based on Mimblewimble technology and was successfully launched mainly due to some marketing hype it received so that is a major factor in the success of non-crowdfunded projects

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September 23, 2024, 07:56:55 PM
 #27

Ultimately the answer to how to create a valuable altcoin, aka how to make an altcoin valuable, is almost trivially simple:

Build it a strong "buy side".

To keep it valuable, do not "rug pull" your buy offers out from under it and do not issue more of it than your buy offers are offering to buy.

To ratchet up its value further, take all proceeds gained from folks taking your sell offers and use them to strengthen the buy side.

You need not hassle exchanges to try to convince them to list your coin, you can simply tokenise them yourself, e.g. on Stellar.

Almost all sites articles etc that mention value of a coin, including many that calculate its "market cap" look at the highest price buy offer that hasn't yet been "taken" or at the last price it traded at; not sure many of them do volume-averaging on those figures e.g. average last X number of trades or Y volume of trades or maybe even whether all the buy offers down all the way to the lowest possible price are enough to buy all outstanding coins.

Remember, money is IOUs. They are only valuable if folks know or I suppose even imagine that you are going to "honour" them...

-MarkM-

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