MundoCoin (OP)
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August 19, 2023, 12:05:34 PM Last edit: August 19, 2023, 12:18:34 PM by MundoCoin |
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Yes, honestly, I'm trying to start doing market research now, I think the only way to build a successful project is to understand the market needs and be able to successfully complete own idea.
IMO, you don't need to understand market needs, because as I said before that every revolutionary project in crypto will have its own place, if indeed your project is a project that is different in terms of model and other things, then your project will definitely get attention. BTW, I've done a Google search regarding MundoCoin, and the results lead to: https://coinmarketcap.com/currencies/mundo/is that the project you mean? Thank you very much for your attention, this is not our project, we haven't released it yet, it's currently in the development stage, we need to wait until the project development is completed and tested online before we can release it! Our goal is a brand new coin (not token), not the regular POW and POS consensus mechanism, we refer to a lot of projects (including non-blockchain projects) before making the decision .
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Jocuserious
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August 19, 2023, 06:38:53 PM |
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This is their line of service because the more development activities a project follows, the more investors will invest in that project. In fact if the project is scammed, there is no consideration of the development activities because after giving a lot of good services then suddenly they can scam. But investors always overestimate service activities. As through staking program a project is able to retain investors for a longer period of time.
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wheelz1200
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August 19, 2023, 07:13:56 PM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
There is never an easy answer to this one otherwise everyone would nail it. You really need to either do an insane amount of research or just gamble and know there is a good chance you might lose all of that investment. Start following smart people amd check our their recommendations and go from there.
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JunkieMiner
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August 19, 2023, 07:35:31 PM |
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The partnerships matters a lot, if it has the partnership made with the top project, or top coins projects, then it make some positive thinking about the project. And, also there should be at least the whitepaper related to the technology which is used in real world will make some sense as well.
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MundoCoin (OP)
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August 19, 2023, 09:25:32 PM |
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This is their line of service because the more development activities a project follows, the more investors will invest in that project. In fact if the project is scammed, there is no consideration of the development activities because after giving a lot of good services then suddenly they can scam. But investors always overestimate service activities. As through staking program a project is able to retain investors for a longer period of time.
It might be a little better to communityise the project
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MundoCoin (OP)
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August 19, 2023, 09:36:52 PM |
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The partnerships matters a lot, if it has the partnership made with the top project, or top coins projects, then it make some positive thinking about the project. And, also there should be at least the whitepaper related to the technology which is used in real world will make some sense as well.
As a new project, it is also possible to work with top projects only after proving their potential. If there is no vigour and no potential, no one will pay attention to it, and it is even more unlikely that it will be supported by top projects.
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Stalker22
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August 19, 2023, 09:41:21 PM |
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Our goal is a brand new coin (not token), not the regular POW and POS consensus mechanism, we refer to a lot of projects (including non-blockchain projects) before making the decision .
What would be the practical value of such a coin (aside from its unconventional consensus mechanism)? You previously mentioned, "If a coin is sustainable in the long term"... But how do you determine if a coin can truly withstand the long run? The market will ultimately dictate that.
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MundoCoin (OP)
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August 19, 2023, 09:44:20 PM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
There is never an easy answer to this one otherwise everyone would nail it. You really need to either do an insane amount of research or just gamble and know there is a good chance you might lose all of that investment. Start following smart people amd check our their recommendations and go from there. Innovative ideas, practical technology, not just empty bragging rights, and community-based projects might be good places to start.
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Ultegra134
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August 19, 2023, 10:20:28 PM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
There is never an easy answer to this one otherwise everyone would nail it. You really need to either do an insane amount of research or just gamble and know there is a good chance you might lose all of that investment. Start following smart people amd check our their recommendations and go from there. Unfortunately, the majority of new coins are a complete gamble because a great number of them serve no purpose or are scam coins based on the pump and dump scheme. Generally, you'll need to read their whitepaper, see what the project's goals are, and most importantly, are they feasible, or are we talking about a panacea that can't be implemented in the real world? Are the developers organized, and is there a community that supports this project? All these questions play a vital role in determining if a new coin is worth investing in. I'm not really into altcoins and investing in new projects because I can't bother researching if it's worth it or not; thus, I tend to stick to Bitcoin. However, Binance recently listed SEI and Cyber, both of which look promising, and I decided to involve myself in farming them. Binance also usually lists projects that aren't scam schemes, so you may want to be on the lookout for any other coins that might enter their launchpad.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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MundoCoin (OP)
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August 19, 2023, 10:26:36 PM |
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Our goal is a brand new coin (not token), not the regular POW and POS consensus mechanism, we refer to a lot of projects (including non-blockchain projects) before making the decision .
What would be the practical value of such a coin (aside from its unconventional consensus mechanism)? You previously mentioned, "If a coin is sustainable in the long term"... But how do you determine if a coin can truly withstand the long run? The market will ultimately dictate that. Yes (this smacks of advertising -lol), I'll briefly elaborate on the basic concepts: 1. an unconventional consensus mechanism (for now I'll call it cooperative proof - perhaps something similar already exists; it's achieved by each participant throughout the network verifying each other, sharing performance and resources, etc.). 2. since it's a cryptocurrency, it should have a fast and easy transaction feature, we tried to implement instant transactions (I know many projects have been working on this, but we wanted to go down a different path, maybe the right one, possibly a labyrinth; gotta try right?) I have a preliminary idea documented in the whitepaper and we will verify its feasibility! 3. Modular design, building an independent core architecture (PolyKerma - many coins), where each function is independent, and can eventually form a complete "Lego", yes this is what my developer partner is doing at the moment (he's a good developer and experienced programmer). Because of the modular design, there are infinite possibilities, as long as you have the idea and the ability to develop other functions to access the entire blockchain system (whether it's one layer or two layers or more, who knows). 4. Low-threshold, low-energy projects, POW requires a lot of energy, but also need to buy professional equipment, POS need to hold enough coins, both models for ordinary participants need to increase the cost. So we feel that we should give participants another option, which is why we will use an unconventional consensus mechanism. We introduce a mechanism Node + MinNode (MiniNode can use mobile phones to participate, this function can be understood as "disguised mining", but has nothing to do with the arithmetic power)
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MundoCoin (OP)
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August 19, 2023, 10:38:25 PM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
There is never an easy answer to this one otherwise everyone would nail it. You really need to either do an insane amount of research or just gamble and know there is a good chance you might lose all of that investment. Start following smart people amd check our their recommendations and go from there. Unfortunately, the majority of new coins are a complete gamble because a great number of them serve no purpose or are scam coins based on the pump and dump scheme. Generally, you'll need to read their whitepaper, see what the project's goals are, and most importantly, are they feasible, or are we talking about a panacea that can't be implemented in the real world? Are the developers organized, and is there a community that supports this project? All these questions play a vital role in determining if a new coin is worth investing in. I'm not really into altcoins and investing in new projects because I can't bother researching if it's worth it or not; thus, I tend to stick to Bitcoin. However, Binance recently listed SEI and Cyber, both of which look promising, and I decided to involve myself in farming them. Binance also usually lists projects that aren't scam schemes, so you may want to be on the lookout for any other coins that might enter their launchpad. BTC is the benchmark in this field! The reason why Binance has fewer scam projects is because of their strict vetting mechanism but also because of the expensive fees (scam projects, maybe he doesn't need to do a scam if there's enough money -lol).
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krishnaverma
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August 20, 2023, 05:43:07 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
If it is having a differentiating factor, it can be a good bet. Like, there are some privacy coins which are suited for different type oof audience. Same way , if there is some other coin which is targeting some other problem being faced by crypto users, it can be success. Other factors matter as well though. Like the team behind the coin. You should do a thorough research about the team behind the coin. Most of the scam coins have imaginary people in their team as their end goal is to run away with the money invested by investors in the coin.
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MundoCoin (OP)
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August 20, 2023, 06:55:14 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
If it is having a differentiating factor, it can be a good bet. Like, there are some privacy coins which are suited for different type oof audience. Same way , if there is some other coin which is targeting some other problem being faced by crypto users, it can be success. Other factors matter as well though. Like the team behind the coin. You should do a thorough research about the team behind the coin. Most of the scam coins have imaginary people in their team as their end goal is to run away with the money invested by investors in the coin. Indeed. Agreed.
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AliDeep
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August 20, 2023, 07:46:51 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
If it is having a differentiating factor, it can be a good bet. Like, there are some privacy coins which are suited for different type oof audience. Same way , if there is some other coin which is targeting some other problem being faced by crypto users, it can be success. Other factors matter as well though. Like the team behind the coin. You should do a thorough research about the team behind the coin. Most of the scam coins have imaginary people in their team as their end goal is to run away with the money invested by investors in the coin. The most important is to remember is that during the fall of the market it is possible to remember that not all the projects will be able to survive.
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coin-investor
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August 20, 2023, 08:20:13 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
I'll check the capability of the creator and the developers, behind a great innovation are people who are capable of making this happens, I'll check the whitepaper and the roadmap, and if possible and I'm hoping that there is no crowdfunding involved, a completely new technology can easily get in on exchanges so there is no need of funding to get in on exchanges so I can invest through exchanges, Many investors get frustrated when the coin they've invested fails to get on top exchanges. I prefer to invest when the coin/token is already in exchange rather than crowdfunding because of my bad experiences with ICO where the price is very cheap when it is the market rather than on their ICO.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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MundoCoin (OP)
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August 20, 2023, 08:23:28 AM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
I'll check the capability of the creator and the developers, behind a great innovation are people who are capable of making this happens, I'll check the whitepaper and the roadmap, and if possible and I'm hoping that there is no crowdfunding involved, a completely new technology can easily get in on exchanges so there is no need of funding to get in on exchanges so I can invest through exchanges, Many investors get frustrated when the coin they've invested fails to get on top exchanges. I prefer to invest when the coin/token is already in exchange rather than crowdfunding because of my bad experiences with ICO where the price is very cheap when it is the market rather than on their ICO. Yes, a developer with a lot of experience is the cornerstone of the implementation of the technology.
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Ultegra134
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August 20, 2023, 10:11:05 AM |
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Unfortunately, the majority of new coins are a complete gamble because a great number of them serve no purpose or are scam coins based on the pump and dump scheme. Generally, you'll need to read their whitepaper, see what the project's goals are, and most importantly, are they feasible, or are we talking about a panacea that can't be implemented in the real world? Are the developers organized, and is there a community that supports this project? All these questions play a vital role in determining if a new coin is worth investing in.
I'm not really into altcoins and investing in new projects because I can't bother researching if it's worth it or not; thus, I tend to stick to Bitcoin. However, Binance recently listed SEI and Cyber, both of which look promising, and I decided to involve myself in farming them. Binance also usually lists projects that aren't scam schemes, so you may want to be on the lookout for any other coins that might enter their launchpad.
BTC is the benchmark in this field! The reason why Binance has fewer scam projects is because of their strict vetting mechanism but also because of the expensive fees (scam projects, maybe he doesn't need to do a scam if there's enough money -lol). Apart from the expensive fees, Binance has some requirements that need to be met in order for them to promote a new coin and ultimately list it. That doesn't necessarily mean that every new coin that is listed on Binance is worthy of investing in, but at least some of the research and work you would have done yourself has already been done by a corporation. On top of that, Binance, due to its promotions, creates a short hype when a coin is released. If you have participated in their presale or during their farming period through their launchpad, chances are that its launch will be hyped, something that you can take advantage of.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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MundoCoin (OP)
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August 20, 2023, 10:42:08 AM |
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Unfortunately, the majority of new coins are a complete gamble because a great number of them serve no purpose or are scam coins based on the pump and dump scheme. Generally, you'll need to read their whitepaper, see what the project's goals are, and most importantly, are they feasible, or are we talking about a panacea that can't be implemented in the real world? Are the developers organized, and is there a community that supports this project? All these questions play a vital role in determining if a new coin is worth investing in.
I'm not really into altcoins and investing in new projects because I can't bother researching if it's worth it or not; thus, I tend to stick to Bitcoin. However, Binance recently listed SEI and Cyber, both of which look promising, and I decided to involve myself in farming them. Binance also usually lists projects that aren't scam schemes, so you may want to be on the lookout for any other coins that might enter their launchpad.
BTC is the benchmark in this field! The reason why Binance has fewer scam projects is because of their strict vetting mechanism but also because of the expensive fees (scam projects, maybe he doesn't need to do a scam if there's enough money -lol). Apart from the expensive fees, Binance has some requirements that need to be met in order for them to promote a new coin and ultimately list it. That doesn't necessarily mean that every new coin that is listed on Binance is worthy of investing in, but at least some of the research and work you would have done yourself has already been done by a corporation. On top of that, Binance, due to its promotions, creates a short hype when a coin is released. If you have participated in their presale or during their farming period through their launchpad, chances are that its launch will be hyped, something that you can take advantage of. Thanks for the advice.
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doomloop
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August 20, 2023, 03:41:35 PM |
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If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
It totally depends on what they are introducing and whether they are actually going to follow their promises or not. A good team behind the project is one of the fundamental things to be noticed since the team is the pillar of a project that won't let it fall and will keep it going the way it should. So, before you go ahead and start evaluating other things, you should first check if the project has a good team with a good track record and a history of successful ventures. After that, you should check their whitepaper and see if their promises are actually realistic and if they can fulfill them without any issues or if they have written a bunch of crap that is only to fool the investors and they can never actually achieve what they are promising they would, that will pretty much give you an idea about the project and its potential.
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Romeotom
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SOL.BIOKRIPT.COM
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August 20, 2023, 04:59:00 PM |
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It will be good news if you get profit from new tokens by investing. Also good projects will come in the market anytime and there is no fixed time, so research which one is going to be the best. I appreciate that you should choose ido maker sites where good quality new projects are available. But my opinion is don't choose tokens from small exchange for your investment. Because many bad projects from exchange often get hype.
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