As you may know or not, FireDAO is a newly launched project that intends to build an on-chain economy based on DID system and SBTs. I am with FireDAO team, in charge of the global community buildup. To be honest, to promote a new project is never easy and I was wondering what strategies or measures you would use to promote FireDAO effectively. We are open to any advice and also questions that relate to FireDAO. Please share your views. Thanks.
Strong capital builds a community with promotional methods and professional teams in their respective fields. As we know, not a few projects were stopped in the middle of the road due to the withdrawal of the team or lack of funds in carrying out promotions. In the crypto industry when a project that shows half a step gets abandoned so public trust and investment decline. Then run according to the roadmap, and increase interaction with the community both on Twitter, Telegram, and the like. Launch an incentive Testnet to test the legitimacy of your project that demonstrates a serious commitment to community support.
Yes, a decent budget allocated to marketing sector is a must when persuing efficient propaganda methods. The more money the team has under their disposal, the more professional and contagious will be the marketing.
There is the cheap and the expensive route. The cheap one is to promote through spam most commonly at social medias and Telegram groups. The expensive one is to seek for a celebrity or media's channel to display ads, this way the project will gain much more notoriety and reach more people at same time.
Yes you are right. Sooner or later, budget for marketing is a must as we develop in different stages. The pros and cons are obvious whether we choose cheap method or the expensive one. The most reasonable strategy is to combine these into a more practical one to attract enthusiasts, traders and investors.
What kind of project promotion can we talk about if on every page of your website we see "This module is under development!"? It is the project's website that should help the investor understand the prospects for development and, accordingly, make a decision on the expediency of investing in it.
Most modules are being under development and we try our best to make them launch as soon as possible. Speaking of the white paper, it is done and more detailed information and/or topics will be posted in threads soon.
Your site was registered in October last year and you still haven't found the time to publish your team on the site, as well as Roadmap and Whitepaper. If the Whitepaper is already ready, then why is it not published on the site? Does it take that long? Until the site is functioning, we can assume that you are trying to promote a dummy here.
Sorry that we haven't updated our site on time. Actually most of what you mentioned have been finished and yet published due to the limited resources and time. Our tech team is trying to hammer out the product features relentlessly. We will update the site as soon as possible. By the way, please refer to this thread to find our Whitepaper and more detailed info about us.
https://bitcointalksearch.org/topic/annfiredao-social-daodidweb3-identitysbtssupereconomy-5441307 . Thanks for your comment and we need people like you to guide us.
You should create a niche for your project and publish it in different phases. First of all start capturing crowd who is interested in your project. This can be achieved with social experiments. Now this can be anything from publishing the project highlights to various social accounts, asking followers to promote and gain more exposure with mouth to mouth publicity. Over the time you can also start publishing technical details to the people or investors who understand it such as technical discusion boards on the forum. Slowly you can inject campaigns and bounties. Basically it’s framework of marketing which every project leader follows for the successful business.
Indeed useful. We will try our best to create a niche that suits our situation with all helpful advice. I guess being consistent is the fundamental factor to make all these strategies useful. Thanks.
Money had always been one of the necessities when it comes to promoting, every movement now needs payment.
I agree with some members' suggestions, social media outlets should be one of your targets. This forum too because you can interact with investors or those who are interested in what you are building.
I believe they have money enough for market promotions but what they need is to find an effective way to do that so they won't waste their money.
I agree social media is the best venue for promoting their projects but of course, it should be properly planned and let some influence work on it.
You can try by also bidding on the first page advertisements. I don't know what is the normal price now but I am sure it is not that expensive.
Signature campaigns are also a great help to promote, proven by old companies that stayed here. Just one click away from the investors in our signature and Voila! they are on your page.
It is indeed, this Bitcointalk is a huge forum already and it was enough to make their project become known to the community. However, if we are targeting more investors, we should maximize the use of the internet, not just in this forum only.
Agreed. Money is a limited resource and must be used wisely. In the future, we will spend on advertisements and hopeful that will transform into some real gain for our project. Bitcointalk is indeed an important platform where we can find all kinds of people we need. More time will be spent here and hope to meet more traders and investors. We are committed to creating a great project and building a greater community.