Does Name really matter in crypto?

[bearexin]

I do feel like it is the first brand you have when someone faces with what you are doing but it is also not the only weapon you have. For example, if you have a great name that means people could take a look at who you are and what you are doing, plus if you can explain what it is about that means people could see your name and understand what you are all about before even studying more in depth about the project, which is rare because almost all crypto projects have names that are a bit more cool looking and even complex instead of explaining the project with a single name which is difficult to do.

So, in a way name is important if you could really use it well but you have to use it very well, if you do not want to you could ignore all that and have a weird name and still can be successful.

[coiner-88]

digital money shows that there are some cryptos that are mainstream and set aside a long effort to acclimate. I don't think you know these things. So as to be any new digital money. significant function in publicizing or making your coin mainstream, a decent name can assist your venture with being known by individuals and I contemplate name, logo is additionally a crucial piece of a task.

[nrvasquez]

Yes, you are right, there are many companies with different names and attractive names have scammed the investors very quickly. We should always consider the team members, not on the basis of the company name. So we should always go through the white paper and concerned team members and their experience matters.

Yeah, but the name also important for marketing and branding (if it's from marketing terms). ofcourse checking the team behind the projects is important, but you know with good name or hgh quality name you can have better marketing

[iTradeChips]

Well, in my opinion, when you make a project, you need to be sure that you can have good name so it will have an impact with your target consumers. A good name would be a great marketer on its own, attracting people to invest because they hear a good name. But sometimes, simple names also would attract people, like Apple or Ford. Even naming of projects like Bitcoin and Dogecoin have attracted people to invest on those coins even if the name sounds too plain. But if the creator know that names would make an impact then the creator should stick to the name.

[CryptoTrip]

Of course it makes sense. Look how in one sentence, a tweet, CZ or Cormier can raise or lower coins . Yes, they are trying to speak vaguely, because it can be prosecuted, but their names are associated with great volatility

[viananda2525]

Well, in my opinion, when you make a project, you need to be sure that you can have good name so it will have an impact with your target consumers. A good name would be a great marketer on its own, attracting people to invest because they hear a good name. But sometimes, simple names also would attract people, like Apple or Ford. Even naming of projects like Bitcoin and Dogecoin have attracted people to invest on those coins even if the name sounds too plain. But if the creator know that names would make an impact then the creator should stick to the name.

I agree with you that choosing a good name for a project is important. For instance, a gaming project with a name xyzFinance for instance doesn't depict the project aim, at least project name should reflect project aim to an extent in my opinion. I understand nowadays projects have funny names like YAM, FRUIT etc but at least still reflect their "farming" as described on their Whitepaper. Name doesn't make a project succeed or not, but it's important for developers to be careful when choosing names for the project.

usually project will choose name that represent about project description , and YAM FRUIT could be an example for it. but not all project will use this way, most of them only pick good name and we dont know why they choose this name because its never explained. names not correlated with succes but it will attract investors to believe them.

[pilosopotasyo]

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 have encountered a lot of new names unfamiliar names, and names that sounds like a shit coin but eventually become a good coin, so it's not the name that tell us the potential of the coin, but of course developers should think of a name of a coin/token that rings a bell and as much as possible they can connect to the industries that they want to connect, so if the platform is all about gaming, the name should be synonymous to gaming.

[sgenuine]

I think cryptocurrency needs to pick up fame in the community before it tends to be presented. Be that as it may, prior to getting to know bitcoin cryptocurrency, there were numerous issues. Elective cryptocurrency shows that there are some cryptos that are famous and set aside a long effort to acclimate. I don't think you know these things. So as to be any new cryptocurrency, it is critical to have Mission, Purpose, Uniqueness, Vision, Development and future turn of events. I don't think there is some other way. Be that as it may, I am substantially more keen on gaining some new useful knowledge. I need to know and comprehend about everything in the realm of cryptocurrency. I think you posted this since I have this sort of want

This is true. By the way, sometimes, the name means even more than the characters and features the coin has. Take, for instance, Trump Coin. The elections races have shown a lot of negative around the 45th president, and in a day, token lost 1/4th of its price.

[kayvie]

usually project will choose name that represent about project description , and YAM FRUIT could be an example for it. but not all project will use this way, most of them only pick good name and we dont know why they choose this name because its never explained. names not correlated with succes but it will attract investors to believe them.

No. Project always have their explanation why they choose that certain name. And most of the time, it is not getting any attention or not being questioned. But they always jave the explanation for that. And as far as I know, projects always do choose a name related to their project since it is the face of the project, they will become known because of it.

[k@suy]

It's not about the name of the coin but, its all about its characteristics. We can't even say if it is a shit coin or not at first most especially if that coin is new to us. We can say that it is a shit coin or not days prior of the purchased date of the said coin. What do we need to do is to be careful in order for us to find out the potential coins.

[erikoy]

Yes, the name of crypto should reflect what the crypto is all about. Beside if you want to.launch a crypto project yoi should consider a crypto name that is not been taken yet. There are many crypto symbols now that are look alike and omly matter in the network or the smart contract number if it is using an ETH network which probably the usual network that will be use when launching a project.

[reza7777]

Will definitely consider it important and there are those who think it doesn't really matter, I might enter the part of people who think names are important because a good name will make people interested and easy to remember, that's also one of marketing

[plr]

Will definitely consider it important and there are those who think it doesn't really matter, I might enter the part of people who think names are important because a good name will make people interested and easy to remember, that's also one of marketing

On the marketing side it is, but when it comes to potential it will not contribute, I still want a good team with a good platform and usage, these three are what really counts there are a lot of good projects whose name will not give you a recall but it has a good potential like one of the promising coin IDENA it's doesn't mean anything but it has a potential.

[aysha9853]

not very important, although many of their names describe their project performance as well, but it is all not important, and the most important is the product offered to investors whether promising or not

[Slingshot]

I would 100% tell you name right now in Crypto does not matter. I have seen and heard lots of funny and meaningless projects make good volumes on exchange. It's about team enthusiasm towards their project growth. Hype and exchange it will be listed. Working product and Community.

[ije07]

maybe a little influence, for example BTC, then appear like BCH, BCV, BTCS etc. however not all projects that have a cool name are not necessarily successful in the market, BTC is just a simple example. but I'm not saying that BTC is bad. Related to this, developers usually name a project based on the product they offer to the market. but what is certain is that the success of a project does not depend on the project name, but depends on the team performance of the project itself.

[sapnu]

Some coins has a weird name but it's a good coin to invest because of the project. If you want to invest a coin just don't look the names that beautiful to you, the important is the behind of the coin which is the project.

Indeed, some projects really don't care about the name of the coin but some are really connecting the name based on what platform they have which is really good in the marketing side. But still, the success of the coin is not based on the name of it but based on the investors and supporters that they have. If they have a really solid plan for the project and that is really promising, the name doesn't really matter.

[Nhor1011]

Yes name is really matter in crypto. It should be linked in crypto and attractive to the people so that many people will invest in your project. Also Name of your project should  represent what your project is all about so that investors will know and understand it easily even by just reading your name.

[republicrypto]

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?

name is not importants for me, but if someone want to create their crypto its better to find a simple that easy to remember
for me the most important things is features and technology behind the coins
regards

[Kezacky]

I don't think that the success of a project depends on the name. the rest such as products, benefits, problem solving and others are very influential on the development of crypto. The qualified team shows that crypto is ready and suitable for distribution. so all this depends on the project team & developer itself.