The first factor of a Crypto coin

[Upright 2688]

The big moves and adversity have driven the way of Cryptocurrencies to be one of the dominant assets in the 21st century. The existence and competition have been exceeded with excellence, as startups might find the competition tough amongst the existing Giants, but the basic knowledge of every start-up to make their name, will obviously have to come from influencers, as we have had influencers like those of Ethereum ( buterin vitalik), Justin sun (Tron) and so on. As this big names are common, but are nothing without a community to back them up. 

The first basic factor on any Crypto start-up, is for the acknowledgement of having to build a community, as of how to gather ideas from what and how the critics can actually fall on. As the common saying goes, accept critics to know your wickness. Looking at how a single community can attract alot, I take an example of Crypto-talk, bitcointalk. Which made this communities on the bars to Foster the spread to Cryptocurrencies to more people, in different areas, just on the power of a community.

 

Edited September 29, 2020 by Upright

[Upright 2688]

44 minutes ago, eliottalderosn said:

if I got you right then this forum's coin (TALK coin) is a new type that has to make community for it (again using this forum' community)

and if that's the case then could it reach a level where it could be considered one of the main coins in crypto (considering all other reasons do happen to make it successful)?

Looking at this, it actually do makes that pattern of this community, to make use and having to anticipate the structure and why the talk token was actually created on, as it was to boost this community on having a native driven token. Hopefully the talk token can actually be more functional as of how we communicate and share resources with another. The community of the talk token is the Crypto-talk, now we have to be more supportive and it's growth

[Mike1515 2977]

To build up a system that is accepted , that is huge, I mean try it someday and becoming an influence of any kind is absolutely important so we need to follow a certain route that does produce the right effort to it the right ieas the right effort the right processes that is how thing do work and it takes a lot of work to absolutely identify such

[Mella 3680]

You are right the community must be a strong for the coin to support and write about it. Justin Sun is has made many angry but also created big community that support the Tron in everything. Vitalik Butrein also made the same and Ethereum is strong too in all matter. Community need to have good investors too that support the coins as the Bitcoin has Nobogratz and other good holders that always talk for the favor of Bitcoin.

[playman64 11]

Hopefully the talk token can actually be more functional as of how we communicate and share resources with another

[yonkii 3205]

Everyone understands community differently but it is mostly the people that are involved with coins and work for them. We are not part of ethereum community or Bitcoin but only as users so we are the last ones to have a word but our voice is more important than what Vitalik and his developers do. If we don't use the Ethereum projects then Ethereum will fall back too. This is a big problem these developers don't understand. Sun understands it but he is marketing Tron very aggressively and with a lot of lies and fake data. His followers are fake and so are many of the money in Tron projects. Some try to trick peolpe to believe they are huge but they can drop very fast in no time.

[cryptovlek 2597]

Community is very important and also a good product too. These blockchains offer a good platform and have made great networks for many different developers to create whatever they want. I don't know a lot about tron but Ethereum will be a lot better in a few years as the problems with speed and high fees will be solved.

[jfcrypto7 131]

Well I found your post interesting enough, because as you clarified in the post the first thing that exists is a community, which will then add value to the asset they are talking about such as tron as you have explained and by growing the community you can expect for the asset to grow and increase it's value in the future, the question is how long you will have to wait for the asset to be worth more? Thanks for your post again.

[alanthepub 13]

Wow what fascinating data, this is very good, the whole world of cryptocurrencies is something very broad and is incredibly interesting

[Enrique77 50]

One of the great advances that the world of cryptos made at this time is the use of these forums to encourage the use of digital currencies. I particularly recently, a friend invited me. And I just invited another one, not to seek rewards in coins, but to seek information about a particular project or to seek the latest news from the world of cryptos. I think influencers are very important, because a lot of the value of a coin is given by people. Acceptance of an asset you have in people makes the price go up, if nobody wants a currency, its price will be very low. I think this forum is going to contribute a lot to the advancement of the globalization of cryptos because there are people from all over the world here and entering every day.

[Shaza Ahmad 1682]

Yes, many cryptocurrency projects seek to build a strong and solid society, and at the same time the community grows as the confidence in the project team, its management and its serious plan of work increases, an active community means an active project for sure.

[SuperCrypto 7193]

Any successful project depends on the community that supports it. Therefore, the question of who is behind the project and who supports it from well-known and important figures is essential to know the reliability of any cryptocurrency project. You should ask about the project in forums related to this, such as CryptoTalk.

[percare 3192]

A community is important but most projects are only trying to increase in numbers and do not care about the quality of the members that follow them. Instead they prefer people not asking any question and just follow them blindly. I have seen many projects having some approach that numbers matter above anything. But the best projects have smaller communities and more dedicated. I'm looking for these to invest.

[Razan alikac 1899]

It is important for society to be organized seriously, away from randomness, neglect, and correct teamwork, with diligence and imagination

[TimopheyKa 3900]

I agree with you, cryptocurrency has made a big change in this world, and it is considered one of the best assets, and this is true! Because, in itself, it is very good and practical, and you can earn good money on it. Therefore, it has great advantages and successes in its existence, because it has brought a lot to this world!

[Gluttony 1775]

This kind of thing is what does the talk token already had since they are being backed up by the yobit trade exchange platform and this forum as well. I am assuming that this crypto currency would be successful as how much the people are already being engaged in this forum and using yobit as their trade exchange platform. It would only take a matter of time I would say that this crypto currency would achieve that success because as of the moment it looks like it would only be left behind compared to other crypto currency and I hope its price range would rise from the bottom of the market.

[pablomarwan 3082]

Some societies seek to topple cryptocurrencies, especially Bitcoin. They even adopted actions on the grounds that it is the best currency for criminals. That is, it is supported by the Hungarians, of course, this is in order to deport some people from it, and also some countries have imposed a tax for everyone who owns it. One of the things that are not there imposed on them. We must contribute to its progress and not review it. And write what inspires others and why we prefer them over coins.

[Syedbesharat 5423]

The community support is big factor for any project sauces, I personally have experience this and find it quit important. Because the number of reliable members who built community strong and make extra efforts and lead the project toward investment and good number of adoption will change the future of project and every project want this dream to come true. Which cannot be achieved by one man and single day. 

So far I am now part  a new project who's team is constantly making every possible efforts for members to built up bond and future with them,Now I can imagine how a great giants of today worked hard in past on their projects. 

Edited December 18, 2020 by Syedbesharat
Spelling mistake

[zhoutong 2188]

A community will join if they see some innovation that will not be just he usual we have seen from thousands of projects. If the new crypto is like the other but have only something very small to add it will only be viewed as speculative by the community and will not gain anything more than a possible pump&dump.

[annayks 2314]

The community is the core fundamental of any project and having strong and passionate members following and helping any way they can gives more to the meaning of the projects and the currencies they represent. A strong community can help with adoption and with explanations, can promote the project when asked, but also alone without being asked and explain in details everything to people that may be interested.

[godislovefll 1880]

On 9/29/2020 at 1:37 PM, Upright said:

The big moves and adversity have driven the way of Cryptocurrencies to be one of the dominant assets in the 21st century. The existence and competition have been exceeded with excellence, as startups might find the competition tough amongst the existing Giants, but the basic knowledge of every start-up to make their name, will obviously have to come from influencers, as we have had influencers like those of Ethereum ( buterin vitalik), Justin sun (Tron) and so on. As this big names are common, but are nothing without a community to back them up. 

The first basic factor on any Crypto start-up, is for the acknowledgement of having to build a community, as of how to gather ideas from what and how the critics can actually fall on. As the common saying goes, accept critics to know your wickness. Looking at how a single community can attract alot, I take an example of Crypto-talk, bitcointalk. Which made this communities on the bars to Foster the spread to Cryptocurrencies to more people, in different areas, just on the power of a community.

 

It really is a very important factor, and for this reason is that the reputation of cryptocurrencies is increasing thanks to influencers with many followers who with their cryptocurrency content make them more popular.

[jappy 1129]

Every time this is more fashionable and more youtuber and influencer enters this world and makes it viral, cryptocurrencies become more popular, and this will continue to be so every day.

[Sykkuno 2887]

The community is not created out of nothing and there won't be any community if there is not something that will give hope, in the terms of cryptocurrencies, community stands behind a project and usually they shill and make a bad case that they only care for the money, this is nonsense and I am avoiding projects with communities like xrp or some others that are spamming.

[yulitzacalvete 1366]

On 9/29/2020 at 1:37 PM, Upright said:

The big moves and adversity have driven the way of Cryptocurrencies to be one of the dominant assets in the 21st century. The existence and competition have been exceeded with excellence, as startups might find the competition tough amongst the existing Giants, but the basic knowledge of every start-up to make their name, will obviously have to come from influencers, as we have had influencers like those of Ethereum ( buterin vitalik), Justin sun (Tron) and so on. As this big names are common, but are nothing without a community to back them up. 

The first basic factor on any Crypto start-up, is for the acknowledgement of having to build a community, as of how to gather ideas from what and how the critics can actually fall on. As the common saying goes, accept critics to know your wickness. Looking at how a single community can attract alot, I take an example of Crypto-talk, bitcointalk. Which made this communities on the bars to Foster the spread to Cryptocurrencies to more people, in different areas, just on the power of a community.

 

Certainly every day we can see the great power that cryptocurrencies have where it is more evident to see businesses and large companies joining the world of cryptocurrencies that have even created their own cryptocurrencies.

[kryptonick 2659]

We have thousands of cryptocurrencies. Some of them have huge potential and very good technology, while they are trying to give solution to major problems in the financial industry and beyond. But most have this problem. They lack strong community that not only will support for speculative reasons but will also be part of the project for years and will be fundamental investors. It is a problem in most projects and I think it also has to do with the ways projects and developers behaved until recently.

In most projects I tried to be part of their communities, I have seen characters and situations that made me believe it was only about the money. I can't put trust on developers holding a huge amount of coins as they will be ready to sell and my investments will be liquidated in their pockets. This is the reason most projects have failed and broken trust with their communities.