Do you want to create your own coin? - Page 9 - Coins / Tokens Talk - CryptoTalk.Org Jump to content
hexwin

Do you want to create your own coin?

Recommended Posts

I think that if you wanna start making own coin or token it is important to be famous, or have some marketing skills and also most important think is to have big money for good airdrops!

Share this post


Link to post
Share on other sites

Yes and especially a coin on real estate, I think one of the most undervalued position in this world is the real estate, I think about 30% of everyone in the world owns a home and about 70 rent, so when you look at the huge population that is in renting , that could be a wonderful project that would work perfectly for A coin.

Share this post


Link to post
Share on other sites

The newly established coins spend millions of dollars on promotion. If I had that much money I would make other investments.

Share this post


Link to post
Share on other sites

If I ever have a brilliant idea for a crypto project, then of course yes. Also, if I have a large international company, then I would like to issue shares in this company through tokens and a blockchain project. Its own coin is the idea of freedom and independence.

  • +1 1

Share this post


Link to post
Share on other sites
5 hours ago, gotitgotitgotit1 said:

That’s a real challenge, but I kinda wanna take it. It’s so hard to create big community around your coin and convince people not to sell all of the coins ASAP. That’s the biggest problem. I think you should also find some market segment, that you will serve with your coin (Like CNG for Casino).

Totally agree with you, even yobit the biggest platform fails to keep their own new coins alive for long in the market

Share this post


Link to post
Share on other sites

In fact, I thought about this a lot and wanted to create my currency with my own ideas, which I will make very limited in order to increase its cost. I found that the more currencies there are, the lower their value.


468x60.png

Share this post


Link to post
Share on other sites

Yeah, it is interesting for me, but I guess that better to create it with your team, because you have low chances to create something really useful and profitable without any help, and it will be much more better, if you will make your project with communication with humans who have good knowledge in this sphere 

Share this post


Link to post
Share on other sites

I had never thought about it, but now that I read your questions I find it quite interesting and curious. I suppose that for that I would have to have a fairly large financial fund. I do not think it is an easy task, but neither is it impossible. I would think of giving it a name, for example LUM, which comes from light. 😉

Share this post


Link to post
Share on other sites

The way I see it, one can create truly successfull coin only with help of a big pro team. Your project need to be really popular, preferably for buissness structures, and it's practically impossibly in 2020 without very serious investments. 

Of course, one can always create fast money cash grub scam...

  • +5 1

Share this post


Link to post
Share on other sites

With technology within everyone's reach. It has become very practical for many people to decide to launch their own, some with more success than others. For example the doge was born as a joke and ended up going viral. How I would like to have my own project, but it has to be something very elaborate.

Share this post


Link to post
Share on other sites

I think you asked the wrong way. I dont think really big crypto projects began like "hey lets create our own coin and blockchain" . There were a problem which isnt solved in other projects and then you start to solve it by your coin. So i would like to know if anybody have really issues with the ones who already exist.

Share this post


Link to post
Share on other sites

For a common person, creating a cryptocurrency is very complicated, but if you have a well-established business, it may be possible. Well, taking the current situation in your favor, you could hold your coin. The complicated thing would be to list your cryptocurrency on an exchange, which is very complicated, this if you want your currency to go to the next level.

Share this post


Link to post
Share on other sites

I have always had the idea of creating my currency within the TRC-20 network to introduce it in the market of my native country "Venezuela" and thus help the economy with a currency that is easy to acquire and has a fast and low-cost transaction.

Share this post


Link to post
Share on other sites
On 10/31/2019 at 5:08 PM, hexwin said:

Did you ever wanted to create your own coin or token?

What would be the purpose for this coin?

We see many famous people started to create their own tokens and smart contracts

To create your own token is not that big issue, but the big issue is how will people accept your coin and give it the worth to trade like they are trading others coins. 

Share this post


Link to post
Share on other sites
On 10/31/2019 at 10:08 AM, hexwin said:

Did you ever wanted to create your own coin or token?

What would be the purpose for this coin?

We see many famous people started to create their own tokens and smart contracts

No, I haven't thought about that. Besides the fact that you would need a lot of money to invest in such project, I think that if you want to create some type of token or altcoin that has success it needs to have a purpose or be a solution for a problem (as everyone said) for example dentacoin (DCN) that was created to help the dental industry, it was really innovative. So I would only think of creating one if I have a specific project in mind

Share this post


Link to post
Share on other sites

At the time I wanted to create my own token, to see everything behind the big projects, but when analyzing it I observed that it is not easy, it takes a great job, a team and even people who support you with all this

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...