Importance of social media channels - page 4.

Nazmul012

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Chainjoes.com

Quote from: marcous on April 30, 2023, 06:40:46 PM

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Telegram social media channels are priority for team. you can also ask anything about the project if you find something you don't understand and the team will immediately respond

this is why i also give top priority to telegram channels among others. Even sometimes they publish some news nowhere but on their telegram channel. But telegram also has negative sides. As People give telegram most importance, that means they spend more time on telegram. And scammers triggere them and sent dm you to follow some instructions as if they are admin from the channel you are joined with. And thus they scammed. So should avoid such necessary texts

blockman

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Quote from: Fredomago on April 30, 2023, 08:00:55 AM

Quote from: blockman on April 29, 2023, 07:58:50 PM

And with social media, many are also being victims of fake airdrops, marketing, and projects. There are scammers that do buy pages that have a lot of followers for them to easily make people think that they're a legitimate project because have followed them.
But little did people know, not all of them are for real as many of them have just bought those pages for them to easily gain traction from their potential investors and they can show that they've got already made a brand themselves. And from there, they can also phish those people that have no idea if they are real or not.

We can't remove that fact as it's a reality that happened when a scammer are fully equipt to attract their targets, they can buy a social media account that have good numbers of followers to make it look real, and they can hire other people to boost the page and create attracting post /shares to make sure that people will follow and support them.

Without deeper knowledge, they slowly gain attention and investors will start bringing money, not knowing that it's a scam project that will
run their money away.

That's why those victims are really not aware of these strategies that scammers do. Even if it's looking like the official page but then without further checking, that's where they fall in. They only rely on the number of followers but then that's not enough for them as it's a matter of thorough check and many don't do it. They just check the numbers and that's what they think is a way to verify the authenticity of those pages.
Sad to see that many don't DYOR utterly. And with vast spam comments of saying good reviews, you can see the obvious there.

marcous

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Quote from: Nazmul012 on April 30, 2023, 05:48:39 PM

impact of social media Channels are significantly high for Hunters and investors both. Mostly telegram and twitter plays viral role. Especially on telegram, team active most and we can get answers of our questions within short time. still lots of people can't follow them properly because of their daily busy schedule but its better to give them time instead of making mistake without following them

Telegram social media channels are priority for team discussion with investors, many big news issues are released on telegram before being published on other social media, so telegram news should be monitored if you are reviewing a particular coin, you can also ask anything about the project if you find something you don't understand and the team will immediately respond to your questions.

Nazmul012

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Chainjoes.com

impact of social media Channels are significantly high for Hunters and investors both. Mostly telegram and twitter plays viral role. Especially on telegram, team active most and we can get answers of our questions within short time. still lots of people can't follow them properly because of their daily busy schedule but its better to give them time instead of making mistake without following them

domoy77

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Quote from: Rampagoe004 on April 30, 2023, 10:41:28 AM

I prefer to join signature campaigns over social media because I see a lot of social media channels asking for some data which I think is personal data. Honestly I don't like what they call KYC. My point is how can we provide our personal data for things we don't know how they will end up. Will it be a real project or will it be a scam and fraud

You may have to understand the discussion of the main topic, the update information of each project is in the telegram group but many people miss it so trading the same coin name but different smart contracts, missing KYC information, others, but not only social media but all campaigns of each project will ask KYC if needed, so analyze the potential of the project and don't give ID to scam projects.

Rampagoe004

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https://duelbits.com/

I prefer to join signature campaigns over social media because I see a lot of social media channels asking for some data which I think is personal data. Honestly I don't like what they call KYC. My point is how can we provide our personal data for things we don't know how they will end up. Will it be a real project or will it be a scam and fraud

firesurfer

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Web2 social networking sites are becoming less valuable than before and more mixed inside. People take advantage of the large number of users to spam rather than share any useful knowledge. I'm interested in 4chan, bitcointalk and some more personal bloggers.

Bolivar_Tony

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Quote from: Ryushin on May 26, 2020, 05:31:54 AM

Quote from: WalkerIVIV on May 26, 2020, 05:20:49 AM

Token and smartcontract must have done easily and i think it should always be opened to make sure the whole investors or hunters can get the new tokens. It's a shady thing for the developer to close it when there are some people still not aware about that.

KYC must have been mentioned when the campaign was started and the hunters can understand the risk to participate in the campaign.

The bounty payout is depend on the team and something there will always be a change in this rule.

It's not totally the fault of investors or hunters. Sometimes the developer was changing the rules and introduce KYC at the end of the campaign. That's the fault of the team.

You said KYC must have been mentioned?? Are you new on here? Many bounties end up changing their rules once bounty campaign is over, same thing happened with ARCC bounty this year, I failed to follow their telegram, not knowing they've tell hunters to fill KYC form and which of course has limited time, I missed out big time on this and the token has huge value

OP is very right about everything, I'm giving the post my merit

This reminds me how i missed on a bounty, the project team did not mention KYC at the beginning of the bounty and later when i went for long vacation, they said due to regulations, all bounty hunters must undergo KYC through a third party, long story short, I didn't participate and miss out on that, It's really important to follow any project on their telegram channels and check your messages once everyday, I know it can be boring because their are too many messages on the group, but it's worth it.

Cadaver20

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Activity: 1442

Merit: 264

Quote from: JHORN on May 26, 2020, 05:05:00 AM

Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

Social media channels work like news channels for a project. Regular updates about the project are published on these channels. Among these channels, Twitter and Telegram are the most important. Investors and bounty hunters have to visit these channels regularly. If not, many times the payment may be missed. Like I myself once missed a $200 payment for not doing KYC in due time.

Fredomago

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Leading Crypto Sports Betting & Casino Platform

Quote from: blockman on April 29, 2023, 07:58:50 PM

Quote from: JahriMeayer on April 29, 2023, 05:57:45 PM

Social media channels are only way where team, let investors know the Update. So obviously investors should up-to-date with those project's social media channels. But i think some project's team should be more careful! Like announcement swap their token and give 2/3 moths max for done the work! Thats sounds like phishing, scramming cause thus they can grab lots of tokens from them who failed to swap within time.

And with social media, many are also being victims of fake airdrops, marketing, and projects. There are scammers that do buy pages that have a lot of followers for them to easily make people think that they're a legitimate project because have followed them.
But little did people know, not all of them are for real as many of them have just bought those pages for them to easily gain traction from their potential investors and they can show that they've got already made a brand themselves. And from there, they can also phish those people that have no idea if they are real or not.

We can't remove that fact as it's a reality that happened when a scammer are fully equipt to attract their targets, they can buy a social media account that have good numbers of followers to make it look real, and they can hire other people to boost the page and create attracting post /shares to make sure that people will follow and support them.

Without deeper knowledge, they slowly gain attention and investors will start bringing money, not knowing that it's a scam project that will
run their money away.

blockman

hero member

Activity: 2912

Merit: 627

Vave.com - Crypto Casino

Quote from: JahriMeayer on April 29, 2023, 05:57:45 PM

Social media channels are only way where team, let investors know the Update. So obviously investors should up-to-date with those project's social media channels. But i think some project's team should be more careful! Like announcement swap their token and give 2/3 moths max for done the work! Thats sounds like phishing, scramming cause thus they can grab lots of tokens from them who failed to swap within time.

And with social media, many are also being victims of fake airdrops, marketing, and projects. There are scammers that do buy pages that have a lot of followers for them to easily make people think that they're a legitimate project because have followed them.
But little did people know, not all of them are for real as many of them have just bought those pages for them to easily gain traction from their potential investors and they can show that they've got already made a brand themselves. And from there, they can also phish those people that have no idea if they are real or not.

trendcoin

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Quote from: JHORN on May 26, 2020, 05:05:00 AM

...
1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date
...

I think many of these procedures are done to circumvent bounty users. Of course, they do some of them because they really need it, but we have to admit that sometimes they do it just to get around bounty participants. Also, I think it's ridiculous to follow their social media channels forever. We did a job for them and we should get paid. Everything is that simple. It's a new job to keep following them on an ongoing basis. In real life things are like this:If we do a new job for an employer who has not paid before, we may face greater commercial losses.

JahriMeayer

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Vave.com - Crypto Casino

Social media channels are only way where team, let investors know the Update. So obviously investors should up-to-date with those project's social media channels. But i think some project's team should be more careful! Like announcement swap their token and give 2/3 moths max for done the work! Thats sounds like phishing, scramming cause thus they can grab lots of tokens from them who failed to swap within time.

MIner1448

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Tontogether | Save Smart & Win Big

You are right, social media and messenger channels have become an important component in promoting cryptocurrency projects and informing investors about the release of coins and tokens, as well as changes in projects. They allow project teams to keep in touch with the community and receive feedback from users.
However, investors should not rely solely on information shared through social media channels and instant messengers. It is also important to study the project documentation, analyze its fundamental indicators and assess risks.
In addition, do not forget that some projects may use social media channels and instant messengers to manipulate prices and attract new investors. Therefore, it is important to remain vigilant and not trust all the information you receive through these channels.

Silver005

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Activity: 212

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Quote from: JHORN on May 26, 2020, 05:05:00 AM

It's seems many still don't know the importance of social media channels and telegram groups of the coins and tokens they own or promotes

Some hunters and investors lose vital informations like

1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date

Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

how can beginner understand all this informations and where can he gets the information from please, because this crypto currency is very difficult to understand by a newbies, because (1)the grammar is very hard to understand especially one who did not further education,so how can one go about this please help.
(2)the abbreviation words are sometimes confusing and difficult to understand to for newbies without a guardian..

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

Quote from: JHORN on May 26, 2020, 05:05:00 AM

It's seems many still don't know the importance of social media channels and telegram groups of the coins and tokens they own or promotes

Some hunters and investors lose vital informations like

1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date

Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

I've been on this board for years and one of the biggest topics that keeps coming up is Bounties vs Airdrops. A lot of people argued for Airdrops over bounties but now that Zealy io has become popular, it's a lot more profitable to do bounties. Major projects like Mantle, Shardeum, Q Blockchain, zkSYNC and more have bounty tasks on Zealy.

MiF

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Activity: 1344

Merit: 258

Quote from: abralzain17 on April 22, 2023, 03:20:12 PM

Quote from: JHORN on May 26, 2020, 05:05:00 AM

It's seems many still don't know the importance of social media channels and telegram groups of the coins and tokens they own or promotes
Some hunters and investors lose vital informations like
1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date
Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

I think it's not only investors who will be out of touch if they don't join the official channels of the project they own. bounty hunters will also miss out on important information if they don't follow the official social media channels of the tokens they hold. I think it's very important to follow and join the social media channels of a project that we join

Yeah i agree on that we need to use social media to know more about the projects or the team behind it, because social media is now the most popular way to communicate and to promote projects that we invest. Can you imagine life without social media in this modern world it would be really hard for sure.

abralzain17

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Activity: 532

Merit: 100

Quote from: JHORN on May 26, 2020, 05:05:00 AM

It's seems many still don't know the importance of social media channels and telegram groups of the coins and tokens they own or promotes
Some hunters and investors lose vital informations like
1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date
Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

I think it's not only investors who will be out of touch if they don't join the official channels of the project they own. bounty hunters will also miss out on important information if they don't follow the official social media channels of the tokens they hold. I think it's very important to follow and join the social media channels of a project that we join

Yatsan

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Leading Crypto Sports Betting & Casino Platform

Social media platforms like telegram, twitter, facebook and etc does have a great impact not only for the hunters but especially with the investors. That helps the project to disseminate information about their roadmap and plans for the next years to come. Investing on a project is a risky thing so the information you can get on every coin or token will help you or other investors to decide if that project itself is promising and also worth to take risk of. Lastly, social media platforms helps the investors to have an updates, news and announcement about the progress of a certain project, it'll help them to understand the flow of their plans for the future and on how they can execute that plan.

woez

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Merit: 41

I completely agree that social media channels and telegram groups are important for investors and hunters to stay updated about the coins and tokens they own or promote and this Platform has the dual function of being a direct channel of communication between the project team and the community. Maybe everyone here already knows that investing in cryptocurrency is a risky venture, and we are required to stay up to date with the latest developments which are very important to minimize risk. I think, By joining the official social media channels and telegram groups of the projects they are interested in, investors and hunters can stay abreast of the latest news, updates and announcements. This will help them make informed decisions about their investments, and avoid potential losses.

Topic: Importance of social media channels - page 4. (Read 3933 times)