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Author Topic: Does Name really matter in crypto?  (Read 889 times)
semobo
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August 12, 2020, 05:52:50 PM
 #61

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?
Not really, but if the name is catchy then people can remember it easily since we have thousands of cryptos available for people to hold.And project team also spend good time for finding the right name for the project and if it is related to the idea of their project then it will be great.And for successful it doesn't play a role, the development is more important than name.
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August 13, 2020, 07:22:15 PM
 #62

Name isn't a single reason for the project to become successful though it is very important to choose a better name as it can help your marketing a little. Aside from it
you need to avoid using also a name that has a bad record already as it can bring down your project easily.

Names and tickers are somewhat useful but it is not that necessary to put too much money to it just to get a deserving name for your project that you are planning to launch.
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August 13, 2020, 08:31:36 PM
 #63

I think the name of a company, project, product, or crypto-token is very important to be successful. Because the easier the name is it will be easier to do branding marketing. The naming of a project depends on many think. The best practice will keep the name matched with the project category, industry, and their Vision or problem solution systems.

For Crypto people always see the name first right? After hearing the name people takes a psychological decision whether they should  go ahead with the project or not.
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August 13, 2020, 08:50:20 PM
 #64

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?
If you name yourself as Bill Gates or Warren Buffet which is really going to make you as a billionaire? No right then why care about the name.Just an identification for the project and it has no business with the success rate.









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August 13, 2020, 11:43:20 PM
 #65

It is important or not I think it depends, because even though you have a bad crypto name but you have a project that has great potential in the future, then a bad name doesn't matter because it all depends on the product you have. But when a developer always wants to look better or perfect, then a good name will certainly be important as well and therefore, sometimes we come across a contest anywhere just to find the best name for their project.
Yes. It's still important to create a good crypto name because it will serve as a plus factor to the project that is well developed by its developers and will be easily trusted by investors. It will be easy to remember too that a good project has also a good name itself and will sure to magnetized lots if investors.

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August 13, 2020, 11:49:30 PM
 #66

It is important or not I think it depends, because even though you have a bad crypto name but you have a project that has great potential in the future, then a bad name doesn't matter because it all depends on the product you have. But when a developer always wants to look better or perfect, then a good name will certainly be important as well and therefore, sometimes we come across a contest anywhere just to find the best name for their project.
Yes. It's still important to create a good crypto name because it will serve as a plus factor to the project that is well developed by its developers and will be easily trusted by investors. It will be easy to remember too that a good project has also a good name itself and will sure to magnetized lots if investors.


There are still some names that look highly innovative and are doing well. I also know of some with good name and yet never doing awfully. It is much more than that.
Name on its own is a brand  an d that means it is highly important.
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August 13, 2020, 11:58:01 PM
 #67

Name is important for identification purpose, if such is not present, it will be assumed to be a joke and nobody will likely take them to be serious. The team can remain anonymous like Bitcoin which the founder is unknown but it has BTC as an identifiable name.

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August 14, 2020, 01:22:35 AM
 #68

It's not a necessity because the main objective of the project is not to promote the name but to promote the goals and products of the project itself, that needs to be avoided the project is to don't have the same symbol so that investment people are not confused

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August 14, 2020, 01:30:43 AM
 #69

Yes, the name has an impact especially to investors. Most of the time, the crypto that is known is what they go for. They easily trust it because it is known. The name really matters because it attracts people to invest.
A good name can create a good reputation for the crypto. I remember when there was a crypto that used the similar name as a scam coin and then it has already called as a clone from the old scam coin that's already disappeared

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August 14, 2020, 04:09:57 AM
 #70

Just like any product brand or the name matters. But I think in crypto product has more bearing than having a catchy name. Once a certain coin goes out of the market and it gets famous no matter what name it is people will remember it.  The final product will make the investors stay, not the name of the project.
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August 14, 2020, 08:51:37 AM
 #71

yes of course because it has become a characteristic and character, namely digital currency with its technological advances in the form of blockchain and other developments as well as investment benefits that can also be generated from here.
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August 14, 2020, 08:56:14 AM
 #72

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 seen a lot of great names in so many projects but that doesn't convert to geat projects, some of them became scam projects, the name has nothing to do with the project it's actually the least, the most important thing is the platform reputation of the people involved in the project and how they market their project.

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August 14, 2020, 12:12:54 PM
 #73

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?

Of course it's important. The first association you make to the project is its name.

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August 14, 2020, 12:23:12 PM
 #74

Yes, the name really matters even in crypto. Its name will be its face where it will be known because of it. It can easily be remembered because of the name of crypto. It matters because it is also one of the ways on how you can attract users/investors.

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August 14, 2020, 12:27:29 PM
 #75

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?

Of course it's important. The first association you make to the project is its name.
It's like first impression, the more suitable name for the project the better even good if the name is unique and easily remembered. There are actually many crypto out there that has like really bad name and I'm not talking about those memes coin. those kind of bad name makes people dont want to further analyze the project simply because it's not interesting.

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August 14, 2020, 02:24:34 PM
 #76

Yes, the name really matters even in crypto. Its name will be its face where it will be known because of it. It can easily be remembered because of the name of crypto. It matters because it is also one of the ways on how you can attract users/investors.
investors are not interested in the name of the project but to the development/team/idea. The name of the project can be anything if they are doing strong marketing. Doge coin is a good example

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August 14, 2020, 05:32:48 PM
 #77

I think it doesn't matter much as long as that is a good project with good dev behind. The name might catch some attention at the start of projects and save you time to promote it but at the end, good project is the only way to become successful.
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August 14, 2020, 05:47:52 PM
 #78

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 just one of it, i think the name of the project supposed to be describe the project, or something that could iconic the project itself. The most important thing for the project to become a successful project is the quality of the project itself, the team behind it, the technology,  every single thing that needed.
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August 14, 2020, 05:53:17 PM
 #79

Yes, name is very important in a product (coin), name implies the identity of a coin, by saying its name we already know which direction the coin will develop.

But there are some coins that don't care about the name, but the prices in the market are really good.

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August 14, 2020, 06:35:07 PM
 #80

Yes, it really matters in crypto. It will be known by its name and people will remember it. Name is the thing which is needed for marketing to create brand value. Name is an identity of a company of whatever it is.

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