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Author Topic: Does Name really matter in crypto?  (Read 889 times)
lienfaye
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October 06, 2020, 02:32:38 AM
 #121

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?

The name doesn't have an impact at all I have seen a lot of ridiculous and different name that has no connection to Cryptocurrency but made an impact in the market, even an initial can create an impact, it's on the project and not the name of the project, look at the project people behind them and what it can bring to the community.
They say the name has nothing to do for the succeed of the project but sometimes it can attract the investors specially if the name is something catchy.

However the success doesnt depend on the name. It has somehow an impact but its nothing to do if the project will succeed.

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October 06, 2020, 05:47:04 AM
 #122

if you want to take advantage of the incident at that time it will be of little use, for example when the corona pandemic appears and starts to go viral, some projects make names with corona hoping to get the fomo of that name, but because they do not have real development, the project is not used or does not last.

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October 06, 2020, 11:17:25 AM
Last edit: October 10, 2020, 05:30:03 AM by pankowri
 #123

I think names are not an element of quality assurance in all cases. A good name impresses people. But its quality has to be ensured by its effectiveness.

In some cases name can be an important element to get investment. Because you can't use technical name for social activities. You need to use social things in social activities. Like that you must use relevant name and that will attract investor to get investment for fullfil the project.

Over all, name is nothing just a word, but some cases it depends.

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October 06, 2020, 11:59:02 AM
 #124

Of course, the name of the cryptocurrency matters.  The title aimed at the content of the project will easily attract investors.  At this time, the market presents many different projects, and developers need to find ways to promote them and give them a good name.

Some of the project here do not have anything to do with the platform I prefer looking on what they can give to the community it has no bearing to me and it will not have an impact on what I see on the project even a name that connotes or similar to greatness and big time or riches will not attract me if it has no potential in the market.

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October 06, 2020, 01:39:31 PM
 #125

Actually, for matters of name in building a project it is not very important, but how this project will develop into the best in the future and can be attracted by many investors and the public, indeed a name is important to know the name of the project, but if the aspects involved give to the public is not too good, for that project which might develop in the future, at least form a community or team first that can work hard, so that the project can be trusted by the community, if the team has been formed, then name making can be done and for taking the name must have a selling value and can be remembered by people, so that everyone can find it easily ..
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October 06, 2020, 04:47:17 PM
 #126

there is no other reason that the success of a project depends on the performance of the project developer or the project team itself. So, I don't think that a project name is important, the most important thing is how they work and promote the project, whether the product works well, then how many project partners are involved in it etc.

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October 06, 2020, 09:32:39 PM
 #127

there is no other reason that the success of a project depends on the performance of the project developer or the project team itself. So, I don't think that a project name is important, the most important thing is how they work and promote the project, whether the product works well, then how many project partners are involved in it etc.
I don't think so, name is one of the most important things for a project just like in other businesses,

As far as I know, they really think of a better and most fit name for that, and most of the time for businesses, they also pay for the sake of creating a unique name that has a meaning related to the project.


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October 06, 2020, 10:26:17 PM
 #128

there is no other reason that the success of a project depends on the performance of the project developer or the project team itself. So, I don't think that a project name is important, the most important thing is how they work and promote the project, whether the product works well, then how many project partners are involved in it etc.
I don't think so, name is one of the most important things for a project just like in other businesses,

As far as I know, they really think of a better and most fit name for that, and most of the time for businesses, they also pay for the sake of creating a unique name that has a meaning related to the project.
Nope, it was not a thing to consider when investors finding projects to invest, it is more likely they are looking for those who have market potentials. It is more interesting to invest when you are seeing a project that been listed on reputable exchanges.
A name doesn't give profit but the potentiality of the project may have. It needs not to be unique in order to catch attention but they should have to show that they worthy of our investment.



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October 06, 2020, 10:48:13 PM
Merited by nakamura12 (4)
 #129

Project name is not that important if you ask me. Reason why is because if your project have easy name to remember then if the project have good performance then peoplr will most likely to remember the project.
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October 06, 2020, 10:58:47 PM
 #130

It needs not to be unique in order to catch attention but they should have to show that they worthy of our investment.
An elegant company name and a logo that looks professional will make investors more interested than a project that has a bad name and logo. Indeed, investors always see a project's potential before they invest, but most projects that have potential certainly also have names and nice company logo.
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October 07, 2020, 01:13:02 AM
 #131

Name does matter sometimes in crypto and sometimes not. I say it matters sometimes because people get easily attracted to names of crypto that is really good and has yhe vision of success in the long run. But sometimes names in crypto doesn't matter since there are also not popular crypto name yet being recognized in the long run.

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October 07, 2020, 02:25:53 PM
 #132

yes as pupils might recognize with the initials on identification as the name on goods and service. as more on reference with the marketing team to work on offering goods and service as the main on motivation to gains of appreciation with the objective on exchange as work might in manage by the team on developer workshop.

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October 09, 2020, 03:32:42 PM
 #133

Of course, the name of the cryptocurrency matters.  The title aimed at the content of the project will easily attract investors.  At this time, the market presents many different projects, and developers need to find ways to promote them and give them a good name.
Coin name actually matters more than we often expect. I remember when I was new to cryptocurrencies I was often buying random coins and when I heard doge coins I felt so excited and bought some good amount of them too. So basically name does matter a lot and actually represent the coin at times and a short and easy to remember name is good like Tron is so easy to recall and remember while also easy to pronounce.

Although name of the coin not always brings success but if you have a good solid plan and then pick a good name it will definitely help spread the name around. It is like have a solid coin and then the name is important because it can bring attention but a god name for a bad project might kill it even faster. Like good marketing can kill a bad product even faster.

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October 09, 2020, 04:19:15 PM
 #134

There is nothing to justify this and no one to blame it. But usually every project has a history in its name. And that doesn't mean it affects the success of the project either, it all depends on the product, team, work plan. Overall, usually project names do have a meaningful meaning to them.

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October 09, 2020, 04:55:39 PM
 #135

If you mean name of the project, I think it doesn`t really matter, but of course, it will be very difficult to find really good investors for such projects as "Dildocoin", "cryptoshit" or something like this, because communty can think that your project is joke like dogecoin and you don`t want to make anything at all.

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October 11, 2020, 08:17:48 AM
 #136

I think yes, it matters. Its required to know everything about the project but not only name but the name of the crypto should explain the project or idea behind it. The name of the crypto can make the project stand tall among all other similar niches.
To me the name doesn't matter at all because think of Bitcoins the name is not at all something you familiarize with anything but is the most popular coin on earth because of the mechanism and structure behind the coin. Also think of Ethereum does not make a very good name to be honest but because of the functions it provides and the smart contract it gave to the crypto community it is still one of the most prominent coins. There were some really cool names for coins but they never even lasted for an year because all they had was name only and nothing else Cheesy.

Any investor would always know how the coin works and the team and the idea behind it then after all those technical analysis they will jump on the name and the website and other front end features so name is just a small part of coin although it's identity.

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October 12, 2020, 08:04:29 PM
 #137

if you want to take advantage of the incident at that time it will be of little use, for example when the corona pandemic appears and starts to go viral, some projects make names with corona hoping to get the fomo of that name, but because they do not have real development, the project is not used or does not last.
Yes they might want to take the rub off effect from from such situations but in the long run they look idiotic because no one would be remembering the virus after two years and what sounds good now might look horrible later.

I have often seen projects trying to gain sympathy and awareness by picking such names but really if the coin or token they are building around has has no solidity then all these stunts are not worth it. Imagine if Eth was named corona lol Grin.

Over all, name is nothing just a word, but some cases it depends.
True and even a bad named token/coin can be popular if they have a good value and solid plans behind it.

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October 12, 2020, 08:19:18 PM
 #138

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 yes, because to attract investors to invest in the project, the project must make an attractive coin name and in accordance with the idea of ​​the project, so that investors are interested to finding information about the project and making  investors to invest in the project.

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October 12, 2020, 11:46:05 PM
 #139

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 yes, because to attract investors to invest in the project, the project must make an attractive coin name and in accordance with the idea of ​​the project, so that investors are interested to finding information about the project and making  investors to invest in the project.
So far from my experience, the name of a project is not very important, the most important thing is how the project develops and can be used by many people, because if the project has a good name but the project is not very useful then it is useless.

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March 12, 2021, 08:53:59 AM
 #140

Sure it matters. For example PeakDefi, their token named PEAK and they can use it in their promo really dope, like catchy phrases and cool marketing pick some Peak or you should pick PEAK or you should pick DeFi and PeakDefi is a great option. When it comes to crypto convos it's really playing a good role in marketing.
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