Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jayjae22 on July 25, 2020, 12:29:15 PM
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If you want to build your own Crypto it is necessary to be unique?
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If you want to build your own Crypto it is necessary to be unique?
one must be able to create a unique work and be useful to society cryptocurrency if you want to build project crypto should be starting with a great community and were able to grow up and running better transparent and uniqueness of the project that became an attraction for those investors who want to invest for the progress of the project.
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If you want to build your own Crypto it is necessary to be unique?
Yes! it's very important to be unique other than its use case, because if you settle to copy the existing projects will you have to face the competition badly since the market is already flooded with copycats crypto projects and your chances of survival are very low because in reality the crypto market was already saturated due to the influx of the new crypto projects that already existed.
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Uniqueness is what sets you out from the rest of the dross. Believe me investors are tired of seeing the sane old project repeated time and time again. It's giving crypto a bad name. And most of the dross turn out to be scams anyway
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It's like any other domain, you need to make it unique, to attract people & convince them to buy it. what's the point of making the same product that i already there sold by millions of people?
that's the key point of any business, real life or crypto, it has to be something unique, valuable, that has real value.
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Yeah uniqueness is one thing that make your project different from others, but other thing is also important like development, roadmap, mvp, and community.
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In order to ensure the attention and demand for the issued cryptocurrency, each new project must be different from the others, but for the better. In my opinion, this is so obvious. Fully uniqueness is desirable, but not required. It is enough to differ from similar projects in something significant that it would be beneficial to distinguish this project from others.
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Although it is a pity that most of the projects we have now are not unique in their usage. Most of the projects are just fake. It is a shame. The purpose of coming up with a new project is suppose to be uniqueness but not anymore. We can only hope have a better tomorrow in crypto space. If I will create a project, it must be unique.
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If you want to build your own Crypto it is necessary to be unique?
Certainly, there is nowhere in crypto without uniqueness, so that your product is interesting to everyone. It must be unique and relevant.
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What makes your own project different from other people is the uniqueness of the cryptocurrency project because that's what gonna attract good investors and partners. But it's unfortunate that some individuals just create their own crypto projects just for fun end of the day such project are aboundoned because the project is not created to serve the crypto community.
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I can agree with you, it must be unique and can survive to compete with others. Not only unique in concept, but a new project also need to be unique in idea or strategies to achive the goals. However, uniqueness cannot always determine the success of the projects in the future.
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Thanks for this group in giving ideas specially to the believer of crypto.
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Thanks for this group in giving ideas specially to the believer of crypto.
It's not only about uniqueness but also need to carry on mind to select best exchange to list because the price of a project really depend on which type of exchange team select. Also if any project team want to run bounty/airdrop, than it's best for them to select the well-reputated bounty manager and make limitation for participating in bounty. As a result, all things might go well and soon will be in the top, IMO.
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It is not only about uniqueness but also for what the crypto is used. Better inf act right now, the project with a real use case in the world will have more chances to grow and accepted in the market. Of course, people will think again if the project is not clear, similar with others, and also not trusted.
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I believe that Uniqueness is what defines the project.
No unique development could possibly means copycat from other team or unprofessional management who depends on other ideas and cheated them.
Necessary to mind your own ideas and make it reality to exist in crypto world. From ideas to reality.
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Off course, gone are the days people just rush into investing in a crypto project blindly. Alot has happened within these few years, a project need to be unique and not another copycat of an already existing projects. It has to unique with credible team members, including developers and advisors. Whitepaper need to be uniquely free from plagiarism as well.
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Sure, crypto that is unique and different will be the characteristic of your crypto. If your crypto is not unique, it will not be sold and investors will not be interested.
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It is never too late for you to easily trade cryptocurrencies. This market is still interesting for both private and institutional investors. However, it's worth investing in crypto and waiting until its price rises again or is there another way to capitalize on the cryptocurrency.
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Cryptocurrency is an intermediate exchange that operates on the Internet environment. and Highly liquid Cryptocurrencies. The top cryptocurrencies like BTC, ETH, USDT can be easily traded, exchanged
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It has very high liquidity. and be used quickly and conveniently by other countries. In addition, It obeys certain rules like not issuing too much volume to avoid inflation from happening.
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Uniqueness is the most important factor in Crypto wrold. As of late most of projects have no uniqueness. It's very clear that scammer are very actively working in Crypto. If you make your project unique then must be flourish. Creativity can make the project unique. Without uniqueness no one should invest in such type of currency.
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The main feature of cryptocurrency is that it operates on a p2p peer-to-peer network transaction distribution network system without the need for a third party. It is securely transacted through the use of mathematical algorithms and a public ledger
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You can follow the idea like what Ethereum, ripple did. As long as you will outperform them. Even the first projects, building their own foundations, are unlikely to have done the right thing in the past. Now there are a lot of new technologies and you can start better. Right?
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Like any standard currency, cryptocurrencies can be used to buy goods as well as to pay for services, although they are also limited in use in certain online communities, like game sites, gambling portals or social networks
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Moving forward based on learning from other people's failures is also a good idea. If you think the ideas of previous projects are very good but they are not successful, you should do better by yourself.
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Infrared is what keeps you away from the rest of the world. Believe it or not, Sarmaya's car has been misunderstood over and over again. This crypto has been given a bad name. And even the best ghats are part of the ghazals
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In my opinion, the main thing is the benefit and purpose of creating crypto. If it's only uniqueness I think it's useless, uniqueness is just a plus of a project. Uniqueness without purpose and benefits will make crypto not last long.
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Moving forward based on learning from other people's failures is also a good idea. If you think the ideas of previous projects are very good but they are not successful, you should do better by yourself.
Renovation could work into total change from chaos history of particular project. After renovation the team must decide to consider the past failure and messing point that results to failed. Team must consider how the community greatly help the project into success.
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In my opinion, the main thing is the benefit and purpose of creating crypto. If it's only uniqueness I think it's useless, uniqueness is just a plus of a project. Uniqueness without purpose and benefits will make crypto not last long.
true, it is clear that after all, the benefits will be more likely to be higher than in terms of uniqueness. although it does not rule out this is a process that can make people interested.
clearly is the aspect of benefits that will be sought from all who want to contribute to it, because all also want to get certain rewards from the value of following the crypto.
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One of the key features of cryptocurrencies is decentralization. Unlike traditional fiat money at banks, most cryptocurrencies are decentralized on worldwide distributed computers. Transactions are verified and recorded in a publicly distributed network.
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When it comes to the uniqueness of cryptocurrencies, we have to say globalization: fiat money cannot be exchanged around the world while cryptocurrencies can be easily sent around the world. easy without borders.
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Cryptocurrency is a digital currency, like other popular currencies, and it is seen as a means of exchange designed for the exchange of digital information. Because it is a virtual currency, only exists on computers, it creates the uniqueness of this currency
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The uniqueness of cryptocurrencies is the Low Transaction Fee. The transaction fees of many cryptocurrencies today are either no fees or very small transaction fees. that is why users can save a lot
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Like cash, users can keep cryptocurrencies outside of commercial banks and still be able to pay bills, meals, groceries, clothing, services - meaning anonymity is possible guaranteed.
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When it comes to cryptocurrencies, we can imagine its transactions very quickly and accurately, we can save a lot of time. Besides, the security of cryptocurrency is very high, it is impossible for outsiders to know
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Its advantage is Convenience in transactions: If you deposit money at banks, you may be limited to transfer, withdraw money ... within 1 day, with electronic money, you have the freedom to trade any money. accept space time.
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You may not believe it, but cryptocurrencies cannot be counterfeited: Because they do not exist in physical form, and every cryptocurrency exists under a unique array of encryption bits on the Internet. Therefore, it has high security, extremely low transaction costs and especially Safety and environmental protection.
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Cryptocurrencies are like all currencies, they still depend on the value they are recognized for, their scarcity is mathematically based and cannot be regulated by any one institution. or any individual.
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Uniqueness, clear vision, realistic mission with dynamic team matters the most in order to achieve the precious goal of success.
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yes of course. If your project isn't unique then expect nothing about it. Even in all kinds of business uniqueness is important and aside from that you have to be fully serious in it when you started because there will be tough competition in the market.
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If you want to build your own Crypto it is necessary to be unique?
crypto without any use live case will end up in trash can. It must be unique in a way to convince investors there money is safe with your project and ready for business. Only few projects are having real use case, others are ready on papers. Sad
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it's very important to be unique other than its use case, because if you settle to copy the existing projects will you have to face the competition badly since the market is already flooded with copycats crypto projects and your chances of survival are very low because in reality the crypto market was already saturated due to the influx of the new crypto projects that already existed. Hope people understand