ICO PROMOTION For Beginners
If you’re like many who have a great idea but little success in funding it, there are 30 things you should know about ICO promotion like metaverse games for beginners. Using this article as your governance will a few simple steps ahead of launch, allow you to perform at a level that is sure to get people talking about your project.
Inevitably, the following points will require some research on the part of an unfamiliar reader but in our experience these are all worth investing time into, and if they are followed can lead to an Ethereum or Bitcoin funded project.
1. Choose a name wisely
The most critical part of any project is the name, and this is something that’s often overlooked. While choosing a name for your new project, it must not only be catchy but also easy to spell and remember – after all, you’ll want people to be able to find the white paper in Google.
2. Never launch with pre-launch hype or an ICO
Many people think this is best practice but it can lead to a great deal of confusion about what exactly your project will do rather than your idea. Keep it simple, be concise in your description and mention the date of the ICO – this is a very important point because most people just don’t know what an ICO is and do not trust it.
3. Spread the word
If you are going to launch with an ICO, you should be reaching out to as many potential investors as possible so that they’re aware of your project and can get involved in the process early. This will ensure that individuals who could afford to invest at a higher price than others are able to do so. The more people who invest in your project and the more quickly the money is raised, the more valuable your token will become on exchanges for guest posting sites.
4. Hire the best development team
This is an essential part of any project and it will end up costing more than you think. Poor quality code and misspelled words in a white paper can lead to an expensive repair bill as more investors wish to distance themselves from your project. Make sure you hire a team with experience in all the latest technologies including Solidity, JS, Nodejs and all that comes with working at this level.
5. Promotional videos are key
It’s difficult to describe exactly why but if you have a well-made video that clearly explains what your project does, it will play a huge role in influencing investors – especially if there’s one on YouTube.
6. Decide on a token emission hard cap
This is the maximum amount of tokens you will be distributing through the ICO – which means there is a finite number available. The idea behind this is that if demand for your new token exceeds available supply, then your project could become more valuable. This isn’t always achievable and should be confirmed with the development team before drawing up a contract.
7. Price fluctuations and exchanges
If you’re launching soon, now’s the time to pick an exchange listing & schedule it well in advance of your ICO launch date. As you can see from the graph below, there have been considerable fluctuation in cryptocurrency prices and this certainly won’t be the last time this happens Manaul Outreach.
Giving away a small number of tokens to as many people as possible is a great way to create a buzz around your project – it’s also an excellent candidate for articles on various sites. There are certain places that allow you to make announcements so that you can reach out to groups of people who would like more information about your potential project.
9. Find ways to reach out to the media
If you’re launching an ICO, or any other form of cryptocurrency-related project, there are many different ways in which to approach the media. The key here is finding the right channels so that you can attract the attention of a few news outlets who would be interested in writing about your project.
10. Pitching a story
Journalists get sent hundreds of pitches every day; how do you make yours stand out? The best thing to do if you know a journalist who is covering stories like yours is to send them an email with a link to your website and some information about why they should listen to what you have to say.
There’s no doubt that the cryptocurrency market with crypto igaming is a diverse and complex environment. Hopefully the above 10 points will help you succeed in successfully launching an ICO of your own. There are plenty of different ways in which you can attract attention to your ICO project, and this article has covered some of the most effective. However, if you follow these 10 points, you’re sure to generate interest from many people and have a few more people willing to invest in your new cryptocurrency project.