Question about new projects

[rat03gopoh]

When you're talking about tokens, businesses can tokenize their stocks, marketing materials, reward points, governance, and use tokens as their own currency to retain customers. There are so many benefits that the question should be why aren't all companies creating their own tokens yet?

Because some companies may not want it. Coming back as you said, it has to do with how functional those tokens would be if they were to create them. This will make the company healthier in public judgment.

Imo, if a company tokwnizes the platform/service at the beginning, it's like forcing people to make it valuable, while the company itself was just established and still in the early stages of development, meaning that it didn't yet have any value at that time.

[illnino]

Because the basis of the cryptocurrency industry today is the use of blockchain, and besides in the creation of financial instruments, I do not see any other application, but it is also necessary to arouse greed in people to warm it up, it is she who develops this market today.

I disagree that the crypto market develops greed. If you think so, then the whole business of the world was created by greedy people. Each of us needs money and everyone is looking for a way to earn it. Greedy people in most cases lose their money, and smart investors take profit from profitable investments.

[Ceyflix-Rez]

Big companies don't need private tokens, they are doing so well already without any blockchain projects, all they can do is make crypto greater by implementing crypto payment on their websites, paypal already did the right thing and it's favoring paypal

[Casdinyard]

Projects need to offer a coin for their project because in such way, they will earn profit from doing so. they won't release a project for no reason and that is ofcourse earning from doing so.In such way, they will also boost the platform of their project in a long run. They are simply making a community of users in their project.

Because the basis of the cryptocurrency industry today is the use of blockchain, and besides in the creation of financial instruments, I do not see any other application, but it is also necessary to arouse greed in people to warm it up, it is she who develops this market today.

I disagree that the crypto market develops greed. If you think so, then the whole business of the world was created by greedy people. Each of us needs money and everyone is looking for a way to earn it. Greedy people in most cases lose their money, and smart investors take profit from profitable investments.

finally scamper like that will not get anything for longterm in case if people not learn from their mistake.
but its impossible they will learn and can avoid scam project like that, unfortunately new people will always come to crypto that why scamer always been there for newbie.

Asking someone about something won't always cost you that much especially in this forum wherein interactions are anticipated among users. Scams do indeed exist because there are people who are continuously getting scammed by those people who are taking advantage of the ignorance of the new ones.

[Dragonfund]

You have said nothing but the pure truth. We have dozens of them on the forum and the funny part, they always have the solution in paper but as soon these tokens get listed, the story changes.
That's when you hear problems like, we are still waiting for good exchange, the team is working to put things in place, the surprising part is that some even fold up or end up as exit scam.
The challenge with most of these projects is tokenization without real value to entire investors, sometimes you may come across a project that's having a product already generating revenue but they are quick tokenize their platform. The whole process is power by greediness and quick to make money otherwise Facebook and Twitter would have created a token and once they do, it will be a blast but the question is, what will be the used of this token.

[TWW]

that what im talking about not every person in this forum or out there will give you information or teach you.
that why you should educate yourself as many as you can, because scamer always find way to scam you.

I think you mean the same. all you have to do is develop yourself if you don't want to be fooled by scammers all the time. advice from others is necessary, but the decision is not final without self-analysis as well. however, we have to upgrade ourselves to keep abreast of developments. scammers will always be smarter than us.

[iv4n]

The answer is very simple, there's no other way to collect funds for their development!
You can't compare Google, Amazon, and others... they have stocks! And their investors invest in their stocks! In crypto the only way to gather funds for your project is to create coins/tokens, and to have ICO, or IEO... that depends on the project and its plans! It's how they attract potential investors, and of course, the project needs to have a nice idea, WP, and everything else that helps investors to get more familiar with the project!

[criket]

The answer is very simple, there's no other way to collect funds for their development!
You can't compare Google, Amazon, and others... they have stocks! And their investors invest in their stocks! In crypto the only way to gather funds for your project is to create coins/tokens, and to have ICO, or IEO... that depends on the project and its plans! It's how they attract potential investors, and of course, the project needs to have a nice idea, WP, and everything else that helps investors to get more familiar with the project!

very sensible. those new projects do IEO or ICO by making their own tokens to get development funding from the projects they are planning or even already running. although sometimes some are already running and running the products they usually use the development with funds from their own team as initial investors.

[rat03gopoh]

Okay, I understand a few things from what you explain. So the conclusion is simple:

The answer is very simple, there's no other way to collect funds for their development!

A project needs to create a token at the start of its establishment for development costs. Some projects start from an idea of a founder. Lacking the necessary skills to make it happen and even making it big in a short time (let alone to follow a trend), a founder recruits a team voluntarily or hires those who of course they work for money (some ask for a down payment).

In crypto the only way to gather funds for your project is to create coins/tokens, and to have ICO, or IEO... that depends on the project and its plans! It's how they attract potential investors, and of course, the project needs to have a nice idea, WP, and everything else that helps investors to get more familiar with the project!

Investors' interest in crypto companies isn't seen by how big the company has grown, but how bright their ideas are in WP.

[oemar bakrie]

why can't it be as good as an already good project.
because the first goal of making tokens is not having a good future concept that can maintain a solid teamwork..

[Traderbtcc]

Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?

At the end of the day the main reason why you see almost all new platforms creating their own token is make money after selling it out, no two ways about it everyone wants to be rich that's why tokens are been sold to investors, and about these platforms you mentioned they were created and running even before bitcoin was created, we all know bitcoin is the first cryptocurrency so how can this platforms be tokenized when they existed before the creation of bitcoin it's not possible, but to be honest I really admire those platforms because they started from scratch without needing money from investors.

[btcltcdigger]

Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?

It's very simple. Because most of the projects you see here, are scams aimed to scamming the forum community.
I'm not saying that all are scams, but that i saw a pattern of projects who are listed here 1st,

On another note, in a pvt investment pool which i participate in, most of the 10x - 500x gains projects have never ever seen the light of day on this forum

[RealMalatesta]

finally scamper like that will not get anything for longterm in case if people not learn from their mistake.
but its impossible they will learn and can avoid scam project like that, unfortunately new people will always come to crypto that why scamer always been there for newbie.

Unfortunately scammers will always be rampant in any part of the world but to think that it only happens in crypto would be naive, it happens everywhere and in everything and there is no way that you could avoid that at all. Of course it is going to happen in crypto, it happens with dollars too, do you think nobody gets scammed in dollars? There was no scamming anyone 15 years ago? Scammers existed for centuries and it will always go on, they did it with gold coins centuries ago, they did it with banknotes, they do it with banks now and they keep doing it with crypto as well.

So, newbies need to be careful of course, because that is how you handle these things, without them you are not going to make a lot of profit and you are going to lose all your hard earned money if you are not careful, that is a very important part of business in any currency.

[rat03gopoh]

~snip~
we all know bitcoin is the first cryptocurrency so how can this platforms be tokenized when they existed before the creation of bitcoin it's not possible, but to be honest I really admire those platforms because they started from scratch without needing money from investors.

Bitcoin and a few other self-funded projects are an exception. Satoshi's footstep is the same as for the companies I mentioned in the OP, that he has never targeted the price of his company's assets since bitcoin was created. In fact, he left the company and never came back even though bitcoin has grown a million times more than he thought.

That's what I mean that investors are starting to believe and come by seeing the company's growth after a long time.

[fuer44]

Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?

different from the context of buddy, here is the crypto market, while out there they only stand as a website, platform and also a market place. maybe if there is a new breakthrough where a new project can create a website that is used by many people, then coins are definitely not needed, whereas here, coins are very important because that is the main goal of the development team where when the project is finished, everything will be put together and launched into 1 in the form of coins and there began to target for investing and trading.

[RussianEnglishTranslation]

Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?

We are moving into the 4th industrial revolution. Some of the platforms you mentioned could have made money from user's information/advertising. Now platforms can earn money by issuing tokens or placing a platform transaction tax on tokens in it's ecosystem.

[heztida3]

All the organizations you made notice are amazing associations that don't perceive any necessities in making their own tokens or coins, for what reason? It's the reason we should be cautious with new tasks, this is on the grounds that cash is in crypto that is the reason we continue to see new activities, practically all new ventures are here to exploit financial backers

[Greatdev]

Crypto is a money making tool for short term only, this is the way many viewed the whole idea, companies takes years to grow but in just two years you can become a millionaire if you build a token with a good use case even if you later plan to abandon the whole thing so my friend don't expect devs in crypto space to be damn serious, just do research and go for stronger projects only

[mekar sari]

Crypto is a money making tool for short term only, this is the way many viewed the whole idea, companies takes years to grow but in just two years you can become a millionaire if you build a token with a good use case even if you later plan to abandon the whole thing so my friend don't expect devs in crypto space to be damn serious, just do research and go for stronger projects only

only people who are good at choosing crypto investments are able to get profits in a short time the risk of investing in crypto is very high so don't just judge it in terms of ease make a profit need a more detailed determination if you don't want to experience losses and of course it's not easy

[doomloop]

It's very simple. Because most of the projects you see here, are scams aimed to scamming the forum community.

That is one reason and another important reason behind creating token and doing ICO is because these new projects don't have the capital to back and build their idea so they seek funds from public and in return we get tokens whose value is later determined by how well the project performs and how useful the product is.

On another note, in a pvt investment pool which i participate in, most of the 10x - 500x gains projects have never ever seen the light of day on this forum

Yeah, not all the coins and tokens know about this forum and don't have the time to create and maintain a thread. But that said, Ethereum is like the biggest altcoin of all time and they created a thread here which means this forum is still one of the best ways to let the bitcoin community know about your project.