Why do you need cryptocurrency?
We have been often asked with the one big question on how to create your own Bitcoin like blockchain for solving a niche problem. My answer to such visionary entrepreneurs is to focus on building the community because that’s what matter the most when you intend to create a new crypto currency and leave everything else to us. Another important requirement when you plan to launch such a cryptocurrency is to provide an easy to adopt wallet which consumers can download and start using immediately. Mobile apps are the best solutions to achieve this along with the ability to transact over web. It should be very easy for community to adopt to create a disruptive solution.
Other than building a strong community, its very important to build strong community of crypt enthusiasts, because by working together a community of dedicated crypto enthusiasts are much better able to find and address vulnerabilities and security threats, like the 51% attack. Building such protection and showing legitimacy by open availability of code to review builds trust among the community and adopters, something that is hard to do if those involved in the currency are passive spectators looking out for their own interests.