Is there anyone here that had some success launching a coin?

I mean a legit one, not some meme on some casino trading platform.

I think having a coin for my project that is now working without a token might benefit it from a marketing/user acquisition perspective.

I’m having a few doubts about it.

1) my company is registered in the us, I cannot drop a coin that is a security, it needs to be a utility. Are discounts and cashback considered utility?

Did someone register a company just to launch a token?

2) who is gonna provide liquidity to let people sell the coin?

Me? Do I need a VC? Can I hire a market maker?

This field is new to me, I will appreciate every piece of advice.

Thank you!

submitted by /u/kebab_raptor [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading Beleaguered DeFi project xToken suffers second major exploit since May.