Does Name really matter in crypto?

[Danslip]

There are brand altcoins and the one-time use altcoins, like in real life. There is a token by Yobit exchange called Toilet Paper Token which was the joke in New Year by CMC  due to the highest volume which makes it first rank on the CMC top list. The name matters and professional marketing experts usually suggest thinking twice before publishing it in public. Personally, I will not invest in the useless token even if the project has the good whitepaper and promising future. Name matters, more than what we think in the crypto industry.

[1714047061]

1714047061

[1714047061]

1714047061

[1714047061]

1714047061

[1714047061]

1714047061

[Justin999]

It's true that name doesn't matter for any crypto if it can prove its ability and permanently market ambition for future. If that crypto is good then people would accept it, no matter how shit the name it But i think atleast a standard name should be required for any cryptocurrency cause people like me, don't want to remember any nonsense or shit name of any crypto

[lumeire]

It's true that name doesn't matter for any crypto if it can prove its ability and permanently market ambition for future. If that crypto is good then people would accept it, no matter how shit the name it But i think atleast a standard name should be required for any cryptocurrency cause people like me, don't want to remember any nonsense or shit name of any crypto

In the end of your post you also accepted that name does really matter in cryptocurrencies and I also think that name really matters and not just in Crypto, name matters everywhere, no one likes a name that is hard to remember and pronounce. So name should be chosen with care always when making a project as people always like a catchy or nice sounding name. I prefer the names that are short and easily remembered not the long ones or names consisting of many keywords joined in a single word.

[Majharul Saiif]

According to my viewpoint, the species of a task or whether it will be a successful project is really important. The name does not matter because there is a saying that gold does not come only by glitter. So if the name is good, there is no guarantee that everything in it will be favorable.




.

[lifeinmountain]

in the crypto industry only matters first is technology. the project is problem-solving in real world or it's just a another project in the crypto industry.then other things come like marketing and hype formation For example yam defi token failed, the team found some bug in their smart contract and yam token value drop from 167$ its all-time high to 0.97$ per yam token

[jajorforce]

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

I think the name is not as important as what they do with their project. People just only remember when that project is really successfull and be recognized by community.

Why? have you seen so many fork coins in the market? even they were forked coins but they can get the demand from the market and why it caused by the name that has already used similar to the name of popular coin that is already known by almost all of the crypto users. That brings the popularity too.

Fork coin demand will be the same if the name is different. Name doesn't matter in fork coins. Fork coin names are always the same to understand the real fork coin. If real coins announce that fork coin isn't part of our coins, then value will be zero with the same name. Some coins change their name even after listed exchange, only for a more attractive look to investors.

[Fivestar4everMVP]

Crypto name does not matter in my own opinion, you can create your coin or token and name it whatever you want and people who understand and support your vision will buy it.

But as a sensible developer, it is common sense to name your token or coin based on the problem it aims to solve, cus sometimes, someone scrolling through coinmarketcap can easily be attracted by the name, so they click on your coin to want to find out more about it and see if they can invest.

So technically, the name is still very important but on the other hand, it doesn't matter, go to coinmarketcap cap, you find so many coins and tokens with beautiful unique names but they are dead and gone, some are struggling to stay afloat

[Dr.Osh]

There are brand altcoins and the one-time use altcoins, like in real life. There is a token by Yobit exchange called Toilet Paper Token which was the joke in New Year by CMC  due to the highest volume which makes it first rank on the CMC top list. The name matters and professional marketing experts usually suggest thinking twice before publishing it in public. Personally, I will not invest in the useless token even if the project has the good whitepaper and promising future. Name matters, more than what we think in the crypto industry.

yes, for examples like binance, microsoft, apple, and other big companies. imagine when the company you make becomes famous, the name will be famous all over the world. however, the name is always part of a performance. Besides that, sometimes a name containing the name of another company does not look professional enough.

[CoinThinker]

Of course name matters!
It's like when you want to pick up a name for a newborn baby, should be beautiful, but If the project is really good it makes it up the name fault, because Dimond is valuable, no matter what you can call it anything that you want!

[TastyChillySauce00]

Name doesn't really matter if it's a unique one. What should be is the team behind it and it's plan for the future. And when I say unique name is it shouldnt sound like a fake version of some other successful project.
E.g EtheNium

Well TBH there are plenty of coins that follows an already popular coin as still gain the favor of the masses although some of them might just be a blatant rip off but usually a good coin that gaining fame for a long time using a rather unique name because in this case when a coin is really serious in building their own fame they gonna use a unique name to represent their brand so that their marketing effort not go into waste.
But I do agree that following popular crypto name somehow make the coin sounds fishy and scammy instead of making it sounds better in the ear.

[lienfaye]

Of course name matters!
It's like when you want to pick up a name for a newborn baby, should be beautiful, but If the project is really good it makes it up the name fault, because Dimond is valuable, no matter what you can call it anything that you want!

The success of the project doesnt rely to its name. The project itself is more important, the name has an impact and can get the attention of the investors but the success depends on how good the project as a whole, I mean if it can solve real problem and has a working product. Even the name is not getting attention and not following the hype it doesnt mean it wont succeed, investors are more wise now and has a high standard.

[btc-facebook]

It makes no sense if the name affects the success of a cryptocurrency project,
Because in many cases the project name is very good and looks convincing but in practice the project does not develop and ends up being a scam,
My advice, if you really believe that, you should try to look deeper into the project, such as the team background and progress from week to week, maybe by doing that you can make a better decision before investing.

[fuer44]

although it's not 100%, but I think the name can be compatible with the project itself and can bring success. If you look at it, it looks like there is a bond between the name and the project or coin in development. although it is not the main yardstick, the name is also important for success and also as a symbol and philosophy.

[Henrytrust]

I doubt if name is a prerequisite for the success of a project. In my opinion, the major consideration should be the project development and dexterity of the team towards accomplishments of more results. There are projects in the past that their names were hilarious, some others were weird, but it didn't really make any impact.

[toast]

Please there's something I really want to understand about this crypto industry because at times as a newbie in this cryptocurrency industry you might get this wrong by making more mistakes in crypto. Does crypto name really matter before it become successful?

have you heard dogecoin? which was started as a memecoin if i remember. well for me it's not really that matter what you call your coin the important thing is  what is the use of the particular coin but sometimes it matters too since its represents your project.

[btcltcdigger]

IMHO the name does and doesn't matter.
Yes, it's counter intuitive, but if a name is "normal" or something meaningful, it has a lot more chance of being taken seriously then lets say "E$V&ZT$W&Z% project".
As with every branding, owners strive to make the name unique and powerfull

[max6575]

yes as pupils with the internet business might have with different knowledge as appeals on moderating use with the release from developer.
for example the use with release from the DOGEM developer to put on chance as disputing unit on initiation with terms of prelaunch with the plan on offering service for public of pupils of indonesia might have with dedication of option as investors and pro enthusiest to gains on involvement : https://www.mintme.com/token/DOGEM

[DU18]

Name is quite important for a crypto project because it is an identity that really differentiates from other project, even so of course, in a crypto project there is something more important to investors than a name, namely the road map or purpose of the project so that way investors will not hesitate to invest their money in a project that does have clear objectives and is handled by reliable project teams in developing the project in the future.
In general, in my opinion, all the main and supporting factors in a crypto project are quite important and interrelated with one another.

[lizarder]

I think yes because during the ico season some projects that have strange names actually succeeded and got a lot of funds, what I mean here is Bancor is a strange name right ?, then DeFi this trend also brought up a strange name trend again but mostly filled by copycats projects, for example because "Y" is on the rise then everyone jumps in here, then the Soft "S" project also has a chance to follow another trend project too, and what I just met is the "X" project, yeah, it's the same as "Y" and "S" and I think because many of the "X" projects succeed sooner or later copycats dev will pop up again.

[unusualfacts30]

Name can help you build community without doing extra work. Other than that it doesn't really matter. Most people look for the tech behind your project and not really focus on your name but if you have done previous succesful work it can definitely help to bring more attention to wherever you attach your name to.