5 Things You Should Expect On IDO Day

As a relatively new way of token offering, the initial DEX offering (IDO) day can be nerve-wracking for founders leading a digital token network venture. The IDO process is still maturing and will continue to evolve as the market grows.

If you’re considering launching an IDO, read on to learn what to expect during IDO day —and how to work around surprises and unexpected outcomes.

What is an IDO?

An IDO is a currency offering done through a decentralized exchange (DEX).

A DEX is a crypto exchange platform that can provide immediate token liquidity. Immediate liquidity reduces the chances of slippage and volatility.

IDO tokens get instantly listed on the decentralized exchange where they were issued. In general, IDOs are affordable and accessible. This makes it easier for small-scale projects to gain traction.

What to watch out for on your Initial Dex Offering (IDO)?

1. Scammers

The availability of an IDO is not only a plus but also a disadvantage. It opens the possibility of scamming projects.

Wherever investors go, scammers follow. As you prepare for IDO day, keep your systems in check to prevent scammers from sabotaging your efforts. 

A scammer will impersonate your IDO project and use social media platforms to advertise it. Not only can these fake accounts sabotage your IDO, but they can also damage your credibility. 

Here are some ways to mitigate the risk of scammers:

• Make sure to redirect your potential investors to all your legitimate sites and social media accounts. 

• Establish an official Telegram or Discord channel where you can post all official news in real-time

• Encourage your community to look out for scammers and report them.

2. Smart contract and listing information

5 Things You Should Expect On IDO Day

A DEX uses smart contracts to form liquidity pools, a collection of different tokens. This makes transactions faster and more reliable. As a result, you can mint tokens instantly.

The IDO creator is responsible for developing the smart used to sell tokens. That means that the launchpad and the IDO creators collectively manage the contract.

You may hire more experienced developers to create smart contracts for you. Aside from creation, expect to conduct audits and regulatory checking.

Be sure to visit a DEX launchpad. You can choose to deploy your IDO on various platforms. Generally, your IDO will be approved once you meet consensus and whitelisting requirements.

Choosing the right platform to post your listing information can help you in the following ways:

• Boost IDO visibility

• Gain edge over other IDOs in the bull market

• Allow investors to get information on your projects and deals

• Provide retail investors or users with the best deals

3. Community sentiment

5 Things You Should Expect On IDO Day

The crypto community is passionate, and IDOs are a form of crowdfunding. As such, you’ll see a wide range of opinions from the people in the community.

You should be actively monitoring community sentiment and taking steps to address any legitimate concerns that you come across. Address any issues early in the process and prevent them from becoming more significant problems.

4. Unpredictable factors (market crash, oversubscription, etc.)

It’s important to remember that cryptocurrency markets are volatile.

5 Things You Should Expect On IDO Day

You should be aware of the potential effects of sudden price changes on your offering. Make sure that your project is resilient enough to withstand these fluctuations.

Here are a few reasons why token valuation can change in an instant:

Oversubscription

The limited number of tokens can create instant price surges and declines.

Market crash

Prices might drop after an IDO because of an unexpected market crash.

Price manipulation

In a pump and dump scheme, traders use bots to buy many tokens at base value and then sell them sharply later.

5. Have KOLs share news; otherwise, your IDO can flop

5 Things You Should Expect On IDO Day

One of the biggest mistakes in IDO is to launch one without having an equally strong marketing plan. You need to do more than just build something good—you need to advertise effectively as well.

Have a key opinion leader (KOL) promote your IDO. KOLs are people who have a large following and are known for their expertise. They could be bloggers, influencers or even celebrities.

In the crypto space, KOLs can be used to promote your IDO through social media channels such as Twitter, Facebook and LinkedIn.

Here at Social Staircase, we can connect you with top IDO influencers. We’ve worked with many IDOs in the past and know what it takes to create a successful campaign. If you want to attract more investors, be sure to hire an agency like ours.

Conclusion

Now that you know what to expect on IDO day, you should feel more prepared for whatever happens during your own token sale or an IDO by another project.

How To Create A Crypto Marketing Budget Plan

Whether starting from scratch with your crypto marketing plan or looking for some tips, this guide will help you get on the right track.

From understanding the market and creating a plan to assigning a budget and measuring ROI, read on to discover everything you need to know about creating a successful crypto marketing strategy plan.

What is a crypto budgeting plan?

A budget plan is a financial plan before spending money on marketing strategies.

This is particularly important for marketers working in the cryptocurrency space, as there are very few benchmarks for what constitutes ‘normal’ marketing spend.

You need to ensure that you have the right level of support in place, whether from a team member or an agency.

Research your token investors

Understanding your target audience is one of the first and most essential steps to creating a successful crypto marketing strategy.

A wide variety of investors can potentially drive into your funnel. But it’s important to identify your target persona and what drives them to invest in a project.

For example, if you’re marketing a Play-To-Earn (P2E)-based project, you would typically target individuals interested in crypto and the gaming industry at large.

Define key marketing metrics

Your marketing metrics allow you to track your progress with each channel and measure the effectiveness of your campaigns.

When measuring your key marketing metrics, you should include the following:

• Budget – How much money you’re investing in each channel and where the money is coming from – Campaign goals – What you want to achieve from each channel and why

• Campaign status – Whether your campaigns are currently running or completed, and what their results are

Develop a crypto marketing plan within your budget

Your crypto marketing plan must be relevant to the token sale project. After all, it’s almost necessary if you want to build a community later on.

As you make your marketing plan, consider including the following elements:

Social Media Marketing

Hiring a social media manager or even a copywriter can help you build a stronger presence on your social media channels (e.g., Twitter, Reddit)

Content Creation

Content is king when it comes to crypto marketing. Your content creation team includes competent content writers, video editors, and more.

Community Management

You need to think about how you will manage your community after the token sale. Hiring community managers can help you make sure that your community is engaged.

Pay-Per-Click (PPC) Ads

PPC ads are one of the best ways to get your token out there and attract new investors. However, you’ll need to hire a PPC expert who can create effective ad campaigns that generate clicks.

Podcast Sponsorship

Most podcast ads are sold on a CPM basis, meaning that the advertiser pays for every 1000 times an ad is heard.

PR/Media Relations

You’ll also need someone on your team whose job it is to manage press releases and media relations.

If you’re just starting in the cryptocurrency space, it can be overwhelming to think about developing a marketing plan. Contact us today to learn more about how we can help you get your token off the ground.

Decide what cryptocurrency marketing strategies you want to use

It’s equally important to consider what strategies you will deploy to your channels — and how much you’re willing to shell out for them.

In the crypto world, there’s no shortage of options when it comes to marketing to drive engagement:

• Airdrops – Airdrops are free giveaways of tokens that can be redeemed on a platform or site.

• Hackathons – A hackathon brings developers together to build and create new applications. Blockchain companies usually sponsor these.

Outsource help from a crypto marketing agency

There are several reasons why outsourcing is a good idea:

• Experience – Crypto agencies have experience with blockchain-related projects. They can also determine how much you allocate for each strategy you will deploy.

• Access to resources – A crypto agency has access to tools and data analytics experts who can help develop strategies based on what’s working now—and what might be coming in the future.

Final Thoughts – Why Oustource From A Crypto Marketing Agency?

Regardless of the size or nature of your crypto business, marketing is an essential component of success. That said, each component can be both costly and time-consuming to manage.

A crypto marketing agency can help you get started on the right foot, streamline your efforts and ensure that your project is reaching its full potential. 

Furthermore, they can help you to gain a deeper understanding of the market and how it works—which is essential for long-term success.  

Ready to kickstart your marketing plan? We’re a full-service marketing agency that can help you develop and effective strategy, manage your campaigns, and measure their success. Get in touch with us today!

Writing Content in Web3 (For the gen Z with short attention span)

Web3, also known as the decentralized web, is a new and exciting space that is quickly gaining momentum. It is a serious topic, with the potential to revolutionize the way we interact with the internet and each other. However, it can also be a bit overwhelming and confusing for those who are not familiar with the technology. That’s why it’s important for content creators in the Web3 space to keep things simple and easy to understand, especially when targeting  Gen Z with short attention spans.

Why is a short attention span a huge problem?

It has been reported that the average human attention span has dropped significantly in recent years, with some studies suggesting that it has decreased from 12 seconds in 2000 to just 8 seconds in 2015. This is said to be a result of the constant bombardment of information and distractions from technology and social media.

Short attention span is increasingly becoming more and more relevant nowadays. It can make it difficult for individuals to focus on and retain information, particularly when it comes to complex or technical topics like web3. With the constant bombardment of information and distractions from technology and social media, people are increasingly finding it hard to stay focused for extended periods of time. This can make it difficult for them to engage with long-form content or understand complex concepts.

In addition to this, a short attention span can also make it difficult for content creators to capture and hold the attention of their audience. If they are unable to present information in an engaging and easy-to-understand way, their audience may quickly lose interest and move on to something else. This can be especially challenging when targeting younger audiences, who are known to have shorter attention spans.

A serious and fun Web3 space: Two in a package

One of the key features of web3 is the use of decentralized technologies such as blockchain, which allows for greater security, privacy, and control over data. This is a serious topic, but it can also be presented in a fun and engaging way. For example, memes and other forms of visual content can be used to explain complex concepts in a way that is easy to understand and remember. This can help to attract a wider audience and keep them engaged.

In addition to visual content, writing for web3 should also be simple and easy to understand. Avoid using jargon or technical terms that might be confusing for non-native speakers or those with limited technical knowledge. Instead, focus on clear and concise language that gets to the point.

Another important aspect of writing content for web3 is understanding the different channels and platforms where it can be shared. For example, social media platforms such as Twitter and Reddit are popular among web3 enthusiasts, while Medium is more focused on longer-form content. Knowing the audience and what platform they prefer to use can help you tailor your content to their preferences.

What to write about Web3?

In general, Web3 is a novel field with many new discoveries being made in real time. Researchers have looked into various benefits that Web3 can bring to the table. And of course, you can use them as inspirations for your content marketing plan. Take a look:

  1. Security and Privacy: Web3 is built on decentralized technologies such as blockchain, which provide greater security and privacy for users. This means that users have more control over their own data and are less vulnerable to hacking and other forms of cybercrime.
  2. Decentralization: The traditional internet is centralized, meaning that a small number of companies and organizations control the flow of information and access to services. Web3 is decentralized, meaning that power is distributed among a network of users, which can lead to a more open, fair, and transparent internet.
  3. Economic Empowerment: Web3 technologies such as blockchain and smart contracts have the potential to democratize access to financial services and enable more people to participate in the global economy. This can help to reduce poverty and inequality, and promote economic growth and development.
  4. Gaming and NFTs: Non-fungible tokens (NFTs) are digital assets that are unique and cannot be replicated, this can be used in gaming as in-game items or collectibles. This can be a fun way to introduce the concept of digital ownership and the potential for new revenue streams through the creation of digital assets.
  5. Social media and tokens: Decentralized social media platforms that use tokens as a form of incentive to reward users for creating content, this can be a fun way to introduce the concept of decentralized platforms and how they can create new opportunities for users to earn money by creating content.

Topic 1, 2, and 3 dive into a more serious and technical aspect of Web3, while 4 and 5 can be written in a more casual way. That is why you can freely switch between different writing tones for your content. 

Conclusion

Writing content for web3 is about balancing the serious and the fun. It is important to be able to explain complex concepts in a simple and easy to understand way, especially when targeting the “TikTok generation” with short attention spans. Additionally, understanding the different channels and platforms where the content can be shared is crucial. With these tips, you can create engaging and effective content that will help educate and attract a wider audience to the world of web3.

The Secret to Web 3.0 Marketing: Graphics and design

It’s no secret that web 3.0 is all about graphics and design. With so many businesses competing for attention online, you need a website and marketing materials that stand out from the crowd. 

In this article, you’ll learn how to use graphics and design to catch the attention of the audience.

Why is design important for a brand?

When it comes to building a brand, design is essential. Good design helps to create a strong visual identity that can be easily recognized and remembered. It can also communicate key messages and differentiate a brand from its competitors. 

In the world of crypto and web3, design is especially important. With so many new projects and platforms launching every day, it’s essential to have well-designed marketing material that makes you stand out from the crowd. 

A strong design can help build trust and credibility with potential users, and it’s an essential part of creating a successful brand in the burgeoning world of crypto and web3.

And that’s not all – graphic design can also be used to add visual interest and appeal, making it more likely that people will actually want to engage with the information being presented.

In other words, graphic design is a powerful tool for communicating information in an effective and appealing way. So next time you’re feeling overwhelmed by a wall of text, remember that there’s a graphic designer out there who can help to make sense of it all.

The trend

There’s a new trend in town, and it’s all about attracting Web3 users with a clean, simple experience and minimalistic design style. This trend is being adopted by crypto projects looking to create a more user-friendly experience for their customers. 

By employing this strategy, businesses are able to communicate their message more effectively. Many crypto enthusiasts are not native English and are ready to read long-form articles. They prefer to digest information simply through social media graphics. 

How to use design and graphics in Web3…

In the age of information overload, it’s more important than ever to be able to share complex information in a digestible way. That’s where graphic design comes in. Using the following techniques can help your complicated information be more accessible:

Social Media graphics

The Secret to Web 3.0 Marketing: Graphics and design

Advanced content (i.e., project detail) made easily readable with appropriate design.

 

GIFs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GIFs create bigger impacts for the more important events (e.g., partnerships, national holiday,…)

Short Videos


Videos are used to showcase the best features of the product or the most important events.

These techniques are ideal for digesting project information. They’re like mini-whitepapers. They can express complicated ideas quickly and effectively, and they’re easier to read than a standard whitepaper, especially for non-native English speakers. 

By breaking down complex concepts into easy-to-understand visuals, you can reach a wider audience and help spread the word about your project.

 

The Best-in-industry Crypto Consulting Guide

More businesses are trying to implement crypto solutions to improve their processes.

But cryptocurrency is a world of its own. It can be hard to navigate if you’re unfamiliar with the lingo and technologies.

So, where do you go if you need professional guidance on crypto? A crypto consultant can give you customized solutions to the challenges you face.

Why should crypto consulting matter?

Blockchain technology allows for a more secure and tamperproof way to conduct transactions.

Despite the advantages of blockchain technology, many are still hesitant to adopt it. An advisor helps startups build confidence in the technology.

 A crypto consultant can aid businesses in a variety of ways, including:

Identify problems

Blockchain can help businesses that face many operational challenges. A consultant can help provide blockchain solutions to business owners unfamiliar with the tech.

Assess and mitigate risks

Evaluating any blockchain project’s risk is crucial to a business’s success. A consultant will also provide ways to mitigate any losses that could occur.

Discover best use cases for various industries

A crypto consultant can help you discover the best use cases for your business. They assess challenges, understand how blockchain technology can help, and determine best use.

Install solutions based on market trends

The crypto market changes by the minute. Crypto consulting can help you keep up with dynamic market trends.

Types of crypto consulting services

Application Development

By hiring a consultant with technical skills, you can develop blockchain applications. A review of your work is necessary to prevent problems later on.

A blockchain consultant will:

• Work with and modify blockchain technologies to create better systems.
• Test new applications to see if they can improve your processes.
• Keep the systems you have working smoothly with other applications.
• Keep track of existing solutions as well as develop new ones.

Business strategy

A consultant can help you develop and implement your initiative. They will give your business solutions based on your financial standing.
Crypto advisors have several responsibilities, including:

• Identify new strategies for blockchain companies to grow their businesses
• Develop and implement strategies to attract investors in a venture capital scenario.
• Build and implement solutions with business managers and team members

Risk consulting

A service to help determine legal and regulatory risks associated with blockchain. There are three types of risk you should consider:

• Legal and regulatory risks
• Reputational risks
• Security and cybersecurity risks
• Legal Advisory

Crypto advisors can help startups navigate securities laws. A blockchain legal consultant will help you form legal partnerships. They can also help you with compliance and regulatory issues.

Marketing

Marketing advisors can help you build relationships with key groups through:

Whitepaper development

 

A well-written whitepaper can help you attract investors and partners. Experts with extensive experience in business development should write your company’s whitepapers.

Community building

A strong community can help your project succeed. A marketing consultant can work with you to build a crypto community and promote it effectively.

Website creation

A good marketing consultant can help you craft a website that engages audiences. They use SEO, content creation and other strategies to extend your reach.

Where to find crypto consulting services

LinkedIn

Linkedin has a directory to help you find professionals offering crypto consulting services

Upwork

Upwork is a gig site where you can find freelancers who specialize in cryptocurrency consulting.

Crypto consulting agencies
A crypto consulting agency provides various services. Crypto consulting firms house experts with years of experience in their field.

Starting a project with crypto or blockchain tech? Hiring a consultant is vital for any business looking to enter the industry. Contact a consultant today to get started!

How to choose the right crypto consultants

To find the right crypto consultant, consider the following:

• Reputation – You want to work with an advisor with a positive reputation.
• Quality of work – You should ask for samples of their previous work and see if it matches what you’re looking for.
• Cost – The cost of hiring a crypto consultant is often proportional to the work they do (e.g., a monthly retainer).
• Industry knowledge – You want to work with an expert with in-depth crypto knowledge.

Final Takeaway – Crypto Consulting

More companies are starting to see the value of blockchain technology. They will want to hire consultants to help them integrate it into their businesses.

Whether you have a small-scale or big project, a crypto advisor can help you achieve your goals. Be sure to choose a consultant with a proven track record and experience in the industry.

Ready to get started with your blockchain project? Our team of blockchain consultants can help you find the best solution for your needs. Book a call today!

How to Handle Exponential Community Growth

​​A strong crypto community can attract investors to your project. There is one task you should do before starting a project. Build a cryptocurrency community to support your idea. 

Building a crypto community is a daunting task that requires patience and persistence. Let’s say you lack the knowledge of how to build a crypto community. 

In this case, you can hire a crypto community building agency to help you. Experienced crypto traders have professionals and tools. With that, they can build a community. Here we explore tips and tricks to create the best cryptocurrency community.

Let’s check how you can handle exponential community growth.

Why active community is important

The crypto industry has become very competitive, with many projects launched daily. A worrying trend in the market is the high mortality rate of many established projects.

So if you want to attract investors, you need to build a solid crypto community. Also, your project must excel in technological innovation. Crypto Groups play a crucial role in ensuring the success of your blockchain startup.

Lead Generation: You can create buzz around your project. Generate demand for your blockchain project.
Advertising placement: You should provide more announcements about your project. You can only deliver these updates through groups.
Marketing: The crypto community offers free marketing on a large scale. You can get that through word of mouth and social media platforms.
Education: In the cryptocurrency community, experienced members can introduce newbies to your project.

Another benefit of the crypto community is that it allows for customization. You can create user-centric experiences and include businesses using widgets and expensive APIs.

By fostering community support, you can reinvent the customer experience. Members of the online community come from a variety of backgrounds and backgrounds. Telegram does an excellent job of keeping the conversation open. Don’t astonish yourself if some users question the legitimacy of your project.

It is because the platform allows members to communicate with the core team. Cryptocurrency veterans know how communities work.

Building a community is different from building decentralized ledgers and applications. There are no mathematical formulas or codes to learn. This dynamic task requires constant adaptation and improvement. You need that to meet the changing needs of the participants.

What to do with the supergrowth of your community

No one wants to stay on a team that lacks direction. We cannot deny the importance of cryptocurrency community management.

Managing your crypto community is critical if you want it to stay intact. Let’s say you are busy with other things related to your project. In this case, it would be wise to hire a cryptocurrency community manager to help you.

Creating an encrypted community telegram is a complex task that requires experienced professionals.

Several agencies can help you set up groups. Choose someone with the experience and tools to provide the best community-building solution.

Professional Community Management is the answer

You can use several ways to improve the Crypto community’s functionality. You can run hackathons, add surveys, and integrate with middleware apps like:

Hubspot

Marketo

Slack

You shouldn’t lose sight of the power of innovation. Effective community management and communication can move your community in the right direction.

Community members can share ideas and create new possibilities for your projects. For example, Bitcoin has spawned many other use cases besides money transfers.

You can use several tools to determine if you are hitting key metrics with your community. Integrating these tools into the system is critical.

Performance tracking can help you see if you’re meeting your goals. Some of the tools used are Google Analytics and segmentation.

Don’t forget to get creative

You can move your community in the right direction. How? Use effective community management and communication. You shouldn’t overlook the power of innovation.

Community members can share ideas and create new possibilities for your projects. For example, Bitcoin has spawned many other use cases besides money transfers.

To Wrap It Up

Now you know how to build a crypto community. There are various techniques to grow your crypto community. But we have identified the most potent strategies to get the best results.

Sometimes it is best to leave cryptocurrency community strategy activities to the professionals. Many agencies offer a comprehensive list of services to build a vibrant community. They are cost-effective and have systems in place to attract new users.

The Complete Meme Coin Marketing Guide

Meme Coins are just regular coins with funny names and funny-looking symbols. But as any meme connoisseur knows, there’s always more beneath the surface of these fun tokens than meets the eye!

This guide will help you learn how to market your latest meme coin project. We’ll start with the basics and then dig into more advanced marketing tactics.

What are meme coins, and why are they so popular?

Meme coins are a way to make fun of the crypto market. They pay homage to memes, usually funny pictures with text overlaid on them (think Grumpy Cat or Success Kid).

Their popularity cannot be underestimated. For example: Dogecoin, the most popular meme coin.

DOGECOIN

DOGE started as a Bitcoin joke in 2013. Since then, it’s grown into one of the most recognized cryptocurrencies.

Many meme coins have followed suit. As of writing, there are nearly 200 different meme coins listed on CoinMarketCap with a total market cap of $14Bln!

How do you promote a meme coin?

There’s no single approach to promoting a meme coin. It heavily relies on the viral coin gaining traction through word of mouth.

Sometimes all it takes is for one thought leader to dictate the direction of a meme coin. When Elon Musk joked that Doge was “hustle” on Saturday Night Live, the coin crashed with a 30% loss!

Of course, having a witty and unique name will give your meme coin an advantage in gaining ground among potential investors looking for something new and exciting.

For example, Shiba Predator Coin (QOM) has been gaining popularity lately because its name is clearly a nod to the various Shiba-inspired coins out there today.

Get a crypto influencer to talk about your coin

One way to grow your meme coin’s popularity is by getting a crypto influencer to talk about it.

Influencers have large followings on social media platforms like Twitter and Instagram. When a crypto influencer starts talking about your meme coin, you can expect more people to hear about it.

Decentralized marketing

Decentralized marketing is a new way of marketing that is growing in popularity. Your community members become your coin ambassadors. They help spread the word about your coin, leading to more users and greater adoption rates.

Of course, you need to generate enough hype for members to get excited and share the news with their friends.

Managing a crypto community to brand your meme coin can be a challenge. Book a call today to learn more about how we can help you generate buzz for your crypto project!

List your meme coin

Listing your meme coin will help you put your coins in the eyes of potential investors. With so many rugs in the market, having your coin listed on coin tracking sites also reassures your community that they’re buying the right token.

Make sure your coins are listed on these platforms:

CoinGecko

CoinGecko is a site that tracks the performance of coins on various metrics, including price, market cap and circulating supply.

CoinMarketCap

This site tracks the prices of coins and lists them on a visual chart that’s easy to read. It also tracks market caps and links to coin tracking sites like CoinGecko.

Dexguru

An alternative to CoinGecko and CoinMarketCap. Dexguru has the added advantage of allowing users to trade on the site.

Build hype with social media

Social media is a great way to build hype around your meme project. Here are some of the best places to start:

• Tiktok: This platform is like YouTube, but for memes.

• Twitter: You can find everything about crypto on Twitter. It’s an excellent place to start if you want to connect with influencers.

• Reddit: Cryptocurrency subreddits are one of the best places for marketing your product or service as well!

Host a meme coin airdrop

Airdrops are a great way to build a community around your coin, especially if you’re trying to market a newer project.

There are two main ways to do an airdrop:

• sending coins directly into the wallets of users who sign up for it

• giving out tokens in exchange for something like social media posts or referrals.

Conclusion

Meme coins make the crypto game more exciting. The community of meme coins is still growing. If you can market your coin effectively, there may be a lot of potential for profit.

Want to learn more about crypto marketing? Check out our other blog posts, or contact us directly to learn more!

How to value a crypto project and its currency

As the crypto industry continues to evolve, so too do the methods for valuing a crypto project and its currency. In the early days of Bitcoin and Ethereum, projects were valued primarily based on the team, the idea, and the project’s potential. 

However, as the industry has matured, we now have a better understanding of how to value crypto projects and currencies. 

In this blog post, we will discuss some of the critical factors to look at when valuing a crypto project and its currency.

Traditional valuations

Traditional companies are typically valued based on a number of factors, including but not limited to earnings, revenue growth, profit margins, asset values, and market share. 

However, these valuation methods cannot be directly applied to crypto projects because they do not yet have traditional business models. Instead, we must look at other factors to arrive at a valuation for a crypto project. 

How to value the project itself..

The team

One of the most important factors to consider when valuing a crypto project is the team behind it. The team should be composed of experienced professionals with a proven track record in their respective fields. 

Furthermore, it is important to examine whether the team has any previous experience in blockchain or cryptocurrency. This will give you a good indication of their understanding of the space and ability to execute their vision. 

The founding team of Sipher - an NFT game is fully doxxed
The founding team of Sipher – an NFT game is fully doxxed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The (working) product

This is the best indicator of the team’s ability to execute its vision. A working product shows that the team is making progress and is capable of delivering on its promises. It also gives you a chance to see the project in action and get a feel for how it works. Of course, there’s no guarantee that a working product will lead to success – but it’s certainly a better indicator than merely looking at a white paper or roadmap.

The potential of the product

AKA roadmap. Making valuations based on future predictions can be tricky. There are a lot of variables to consider, and it’s often difficult to predict how the market will react to a new product or development. 

Important is to have a good understanding of what the project can be. A good example is Aave and how it rebranded from ETHLend. In 2017/2018, ETHLend was a very basic product but now in 2022 Aave has become one of the top leading De-Fi platforms.

Community and hype

WEB3 is all about community and hype. A project can have a great product, but without an active community, it won’t see much traction.  A project that has a strong community will be more likely to survive the ups and downs of the market, and a project that generates a lot of hype will be more likely to attract new investors. 

The value of the currency/token itself..

Aside from evaluating the project and team itself, it’s important to be able to understand the value of the token. Many projects have great products, but the token itself is useless. Use the following metrics to determine its value.

Tokenomics

One of the most important factors to value a token is to look at its Tokenomics. In the whitepaper, you can find how and why a token is used within a product. Before investing in a project, it’s vital to understand the tokenomics to know if there will be a strong demand for the token. It also helps to determine the success or failure of a project.

Based on its tokenomics, it was claimed that Luna would always fail as it would inevitably end up in a death spiral with UST. This turned out to be true.

 

 

 

 

 

 

 

 

 

 

 

 

For example, many experts called out LUNA and UST early. Based on its tokenomics, it was claimed that Luna would always fail as it would inevitably end up in a death spiral with UST.  This turned out to be true.

Market Cap, Circulating Supply, and Max Supply

Market cap is simply the price of the token multiplied by the circulating supply. This gives you an idea of how much the market values the token. Circulating supply, on the other hand, is the number of tokens that are currently in circulation. 

The max supply is the total amount of tokens that will come into circulation. It is important to evaluate the ratios of market cap vs circulating supply vs max supply.

Trading volume

This is a measure of how much the token is being bought and sold on exchanges, and it can give you a good idea of how popular the token is. A high trading volume indicates that there is a lot of interest in the token and that it is being actively traded. This can be a good indicator of the token’s future prospects.

Comparison to competitors

Another way to evaluate value is to compare it to its competitors. What does this token or project offer that others don’t? If it’s priced lower than its competitors, is there a reason for that? Is the team behind the project strong and experienced? If a project is unproven, does it have the potential to disrupt its industry? 

Using all of these factors and metrics helps you to better understand the investment opportunities in WEB3. 

Follow us to know more about web3 industry and its hidden aspects you may not know!

 

How to Make the Most of Email Marketing for Your Web3 Project

Email marketing is one of the finest ways to contact your target audience and should be used whenever you are marketing a crypto or Web 3.0 project. It enables you to have direct conversations with your subscribers, allowing you to cultivate relationships with those individuals. 

In this article, we will demonstrate how to grow your Web 3.0 or cryptocurrency project through the use of email marketing.

Build an email list

Creating a subscriber list is the first thing that needs to be done in email marketing. Your community needs an incentive to sign up for your e-mail list. Here are a few ideas:

• Promise early access to newly released NFTs or airdrops.

• Hold a contest with prizes for the people who sign up for your email list.

• Offer premium access to development updates, news and listings.

• Also, add a signup form to your website and highlight its location on the homepage of your blog or website. 

Create engaging content

Use these 4 tips for creating engaging e-mail content that will get attention and get results:

Keep it short and sweet

Email recipients are often bombarded with messages, so it’s important to make yours concise and easy to read. Get to the point quickly and avoid lengthy paragraphs.

Use strong subject lines

Email subject lines are crucial for getting recipients to open your message. Craft a subject line that is clear, concise, and enticing.

Use images and videos

People are visual creatures, so incorporating images and videos into your email can help capture attention and hold interest. Just make sure that any visuals you use are relevant to your message and business.

Use attractive calls to action 

Include a strong call to action in your email so that recipients know what you want them to do next. Whether you’re asking them to visit your website or sign up for your newsletter, make sure your call to action is clear and easy to follow.

Coinlist newsletter
Coinlist newsletter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Use email marketing tools

There are a few different email marketing tools that you can use to make sure your messages stand out. 

MailChimp

A popular tool that offers templates and design tools to help you create beautiful emails. 

Constant Contact

Another tool that offers a variety of features, including automation and reporting. 

Drip

A tool that allows you to send targeted emails based on user behavior. 

Whichever tool you choose, make sure you take advantage of email marketing to stay connected with your audience.

Measuring Results

It is crucial to measure the results after you have sent out a few emails in order to improve your plan for the future. This will allow you to send out more emails. Open rate, click-through rate, unsubscribe rate, and conversion rate are some metrics that you would wish to watch. 

By conducting an analysis of these indicators, you will be able to gain insight into the aspects of your email marketing campaign that are successful as well as those that could use some tweaking.

TL;DR

Email marketing is a great tool that can assist you in growing your crypto or Web 3 project, and you should consider using it. You may optimize your campaign to have the most possible impact by developing a subscriber list, producing content that is interesting and engaging, designing emails that are aesthetically pleasing, and measuring the outcomes. 

You can take your email marketing plan to the next level by putting these suggestions to use right away.

Want to grow know more marketing strategies and tactics, follow us !

Beginner’s Guide to Marketing Campaigns (Boost Your Engagement!!)

The world of cryptocurrency is fast-paced and competitive. Marketing your project to potential investors and enthusiasts can be challenging.

We wrote this article because we see the need for an easy-to-access guide that answers questions about crypto marketing strategies in general terms.

Which crypto marketing campaigns should you use?

Engaging with the crypto community is a great way to build your brand. Here’s why:

• It helps you find your next investors.

• It helps you get feedback and improve your project.

• You connect with key opinion leaders, influencers, and more.

The trick is to find the best ways to engage with them so you can build your audience and grow your community. There are many ways to engage with the crypto community.

Racing to create a marketing strategy or launch a campaign? Stop wasting time and let our team of marketing experts do it for you. Schedule a call today!

Airdrops

Airdrops are one of the most popular crypto marketing strategies. You give away a certain amount of tokens to your community to build your brand and start generating buzz.

Advantages of airdrops:

• low-cost

• easy to execute

• great for generating buzz for your token

• helps build a diverse community of token holders

How to host an airdrop:

  1. Create a list of all your social media accounts and plan to use them for your airdrop campaign.
  2. Prepare a list of tasks required to participate in the campaign (like following you on Twitter or joining your Telegram group).
  3. Send these lists to your community and ask them to join in on the fun

Gleam giveaways

Giveaways on gleam are similar to airdrops, but they’re less common. Gleam is a giveaway platform that makes hosting and tracking your giveaways easy.

It has a ton of valuable features that will help you host a successful giveaway. These can be particularly helpful if you want to engage with a specific community.

How to host a Gleam giveaway:

  1. Create an account on Gleam and connect your social media accounts.
  2. Go to the “Campaigns” tab and click “Create Campaign.”
  3. Choose the giveaway type that best fits your needs.
  4. Choose how many tokens you want to give away. 
  5. Choose how many entries each participant will get.
  6. Set your giveaway duration and end date.
  7. Create a unique URL for your giveaway and share it with the community.

Meme competitions

Crypto runs on memes these days. And while they’re not the most productive or helpful thing in the world, they can be a great way to build community and get people talking about your token.

How to run a meme competition:

  1. Have people follow your social media channels.
  2. Set mechanics. Typically, you’ll want followers to create their memes.
  3. Have your followers tweet the meme using your Twitter tag and an original hashtag.
  4. Choose the winner based on originality, sense of humor, and engagement.Reward your winner/s generously

Hackathons

A hackathon is a competition where developers create applications based on your token. It is a great way to attract technical talent while building a developer community around your token.

Hosting a blockchain hackathon may be difficult, though. You’ll need to find developers interested in your token and have enough technical knowledge to create something with it.

Here are a few tips for organizing an online hackathon:

  1. Set a date for your hackathon.
  2. Find sponsors to help you cover costs and guarantee prizes while advertising them.
  3. Hype your hackathon via social media. Announcing the prizes beforehand will make the event even more exciting.
  4. Offer training workshops for newcomers and participants.

Ask Me Anything (AMAs)

An AMA is a great way to engage with your community and generate hype around your project. You let community members ask questions about your coin/token, team members, or plans.

Follow these steps to host a crypto AMA:

  1. Find a date, and let people know when it will start.
  2. Ask your community members to submit questions beforehand using the #AMA hashtag on Twitter or Reddit.
  3. Answer as many questions as possible during the AMA, and encourage other members to participate while at it.

Conclusion

Boosting your engagement relies on effort, creativity, and a little bit of luck. Follow these marketing campaigns, and you’ll be on your way to making a significant impact on your crypto project.

If you want to learn more about marketing your crypto business, check out our free guide on how to run your Web3.0 marketing campaigns.