follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit



Author Topic: Why do companies create coins?  (Read 554 times)

sharminsp50

  • Baby Steps
  • *
  • Activity: 37
  • points:
    1850
  • Karma: -4
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 02:02:42 PM
    • View Profile

  • Total Badges: 1
    Badges: (View All)
    Topic Starter
Why do companies create coins?
« on: March 16, 2021, 04:01:54 PM »
Why do companies create coins?

Altcoins Talks - Cryptocurrency Forum

Why do companies create coins?
« on: March 16, 2021, 04:01:54 PM »


Red

  • Member
  • *
  • Activity: 101
  • points:
    4911
  • Karma: 6
  • Lone Ranger
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 04, 2021, 12:28:40 AM
    • View Profile

  • Total Badges: 9
    Badges: (View All)
    100 Posts 50 Posts Topic Starter
Re: Why do companies create coins?
« Reply #1 on: March 17, 2021, 07:33:27 PM »
Variety of different reason. Example: Facebook & Libra, capitalise in their own system. Main purpose of an ICO launch is raising capital, furthering a project's development. If it does well, the coin goes up, as a reward, most don't. ICO founders, exchange owners, market makers, are the ones who do well (often)
Ethereum.コム

Disclaimer: The information I provide is for educational purposes only and is not investment or financial advice. Please do your own research before making any investment decisions. None of the information I provide constitutes, or should be relied on as, a suggestion, offer, or other solicitation to engage in, or refrain from engaging in, any purchase, sale, or any other any investment-related activity with respect to any ICO or other transaction. Cryptocurrency investments are volatile and high risk in nature. Don't invest more than what you can afford to lose.

Altcoins Talks - Cryptocurrency Forum

Re: Why do companies create coins?
« Reply #1 on: March 17, 2021, 07:33:27 PM »
:)

sharminsp50

  • Baby Steps
  • *
  • Activity: 37
  • points:
    1850
  • Karma: -4
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 02:02:42 PM
    • View Profile

  • Total Badges: 1
    Badges: (View All)
    Topic Starter
Re: Why do companies create coins?
« Reply #2 on: March 18, 2021, 11:43:10 AM »
thanks for your valuable info

Freemind

  • Legend
  • *
  • *
  • *
  • *
  • *
  • Activity: 3671
  • points:
    99089
  • Karma: 350
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 07:20:53 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Quick Poster 2500 Posts too active, 25 Posts in one day
Re: Why do companies create coins?
« Reply #3 on: March 18, 2021, 11:56:37 AM »
Companies create coins/tokens for numerous reasons. Having sufficient funds for a product or project they are creating, having security funds in case of financial problems, buying other companies with more capital than other rival companies... It's almost always about increasing business volume and expanding.
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021
Official altcointalks thread

Dreamer

  • Hero Member
  • *
  • *
  • Activity: 968
  • points:
    11094
  • Karma: 6
  • Bitfresh - iGaming with 90s UI
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 05:17:34 PM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    Poll Voter Karma Topic Starter
Re: Why do companies create coins?
« Reply #4 on: March 24, 2021, 11:54:04 PM »
I think it depends! Maybe each company has its own rules for creating coins, but most of them are creating coins because they need to use them in raising money for their companies. And that is why most companies will run an ICO before the official coin launch.
                        ▄▄███
       ▄████████▀▀▀▀▀▀▀▀████
   ▄███████████▀  ▄▄██████  
 ▄██████████▀   ▄█▀      █  
███████▀▀     ▄█▀        █  
              █          █  
             █▀          █  
          ▄█████▄     ▄█████▄
        ▐█████████  ▐█████████
        ███████████ ███████████
        ▐█████████  ▐█████████
          █████▀     █████▀
Bitfresh
━━━━━━



█▀▀











█▄▄
              ▄▄▀▀▄▄    
          ▄▄▀▀      ▀▀▄▄
      ▄▄▀▀     ....     ▀▀▄▄
   ▄▀▀         .██.         ▀▀▄
  █,▀▀▄▄       ....       ▄▄▀▀/█
  █,,,,,▀▀▄▄▄         ▄▄▀▀/////█
  █,,██,,,,,,▀▀▄▄ ▄▄▀▀////██///█
  █,,,,,,,,,██,,,█/////////////█
  █,,,,,██,,,,,,,█/////██//////█
  █,,██,,,,,,,,,,█/////////////█
  ▀▄,,,,,,,,██,,,█///██///////▄▀
    ▀▀▄▄,,,,,,,,,█////////▄▄▀▀  
        ▀▀▄▄▄,,,,█////▄▄▀▀      
             ▀▀▄▄█▄▄▀▀
▀▀█











▄▄█
█▀▀











█▄▄
       ▄▄████████▄▄
    ▄███████████████▄
  ▄████████████████████▄
 ▄██████████████████████▄
▄████████████████████████▄
██████████///█████████████
█████████//////███████████
██████████//////█████████
▀██████████/////█████████▀
 ▀████▄////////////▄████▀
  ▀██████////////██████▀
    ▀████████████████▀
       ▀▀████████▀▀
▀▀█











▄▄█

.....ALPHA.....

Chiblex

  • Sr. Member
  • *
  • *
  • Activity: 538
  • points:
    9078
  • Karma: 29
  • Official Street Team member
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 10:19:58 AM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    500 Posts Karma Bad Karma
Re: Why do companies create coins?
« Reply #5 on: March 25, 2021, 03:59:58 PM »
My opinion maybe that it is more about the product, they bring up the products of the company and each company also offers different products, and all that is done regarding the production is to increase or earn profit and to develop their company... every company is competing to make a product from their company that is useful for many people and can attract more people to their products...
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021
Official bitcointalk thread

smrityirany

  • Full Member
  • *
  • Activity: 151
  • points:
    6214
  • Karma: -1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 08, 2021, 11:56:40 AM
    • View Profile

  • Total Badges: 2
    Badges: (View All)
    100 Posts 50 Posts
Re: Why do companies create coins?
« Reply #6 on: April 16, 2021, 06:58:13 AM »
Many companies are creating different coins in the market. They are creating coins for their own purpose ; because they are launching  very big big project in the market and they need to invest huge amount of money. They have many reason to introduce varieties of coin. Mainly they creating coins to maintain heavy money follow for their investment.

LangdonJohn

  • 1st Step
  • *
  • Activity: 2
  • points:
    164
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 28, 2021, 04:10:22 PM
    • View Profile

  • Total Badges: 0
    Badges: (View All)
Re: Why do companies create coins?
« Reply #7 on: April 28, 2021, 04:07:55 PM »
BECAUSE the future is here

Jamie07

  • Full Member
  • *
  • Activity: 178
  • points:
    6083
  • Karma: 1
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 05:36:15 PM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    One year Anniversary Karma Bad Karma
Re: Why do companies create coins?
« Reply #8 on: May 04, 2021, 01:16:39 PM »
Creating coins can be just their way of collecting funds to build the company or if the company already exist it may expand their operation which comes back on collecting funds again. I guess its hugely because of monetary why companies venturing on crypto . A fast and easy way to introduce your company to strangers.
Beyond Protocol Street Team

http://beyond.link | Coming Fall 2021

Official altcoinstalks thread

Sammy9ce

  • Full Member
  • *
  • Activity: 296
  • points:
    11263
  • Karma: 14
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: Today at 11:15:10 AM
    • View Profile

  • Total Badges: 10
    Badges: (View All)
    Poll Voter Topic Starter 100 Posts
Re: Why do companies create coins?
« Reply #9 on: May 05, 2021, 11:45:46 PM »
Is just like saying " why do we start up a business". We both know the aim is to make a profit. Now for the companies, I'll say they create coin not for only the profit but to become famous. The more people know your company the more customers you get and don't think this is a simple responsibility any successful company with its own token deceive a medal because the backup and consistentency kept them where they are.
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021
Official altcointalks
thread

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
Powered by SMFPacks Social Login Mod