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Topic: Verified twitter, telegram account is the strong point for a new project? - page 5. (Read 696 times)

legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
You have account with enough age and you have money in your hand. You can make your twitter to get blue tick easily. That's why this kind of method will never become a reliable method to determine how trusted the account is.

Think about before try to trust someone in twitter with blue tick on its name.
full member
Activity: 785
Merit: 105
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
Have you ever seen fake accounts verified with green check?
 Actually I think it will be easy to color with the inexperienced people about the legitimacy of everything in this space, let me cite the case of FTX, LUNA,... about the story how strong they used to be until they fell.
So don't take it too seriously in the different social media, just understand that other than that it's the place to update information from the project you go to, they don't guarantee that the project is really legit.
legendary
Activity: 1932
Merit: 1273
You should take extra scepticism for anything you hear from others about cryptocurrencies in general. In this specific case, your friend is absolutely misinformed or simply ignorant regarding the matter. Merely looking new project by a sole social media proof is absurd and nonsense at best. Simply a scam motive, especially since you mentioned you are aware most people encourage this kind of behaviour.

Here is the thing, if you did not have any extensive and related background to cryptocurrency you better stay away from investing in new projects since most of them are simply scam.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
I think that even though a verified Twitter account signifies a higher level of trust and authenticity than an unverified account doesn't mean it has to be a strong point for a new project.  Verification only shows that the account owner is a valid person or entity, but does not provide any indication of whether they have expertise, success or credibility in a particular project area.

In order to assess whether a verified Twitter account is a strong point for a new project, it is important to look at the content and reputation of the account.  Consider followers, engagement, the type of content posted, and the degree to which the account has proven expertise or success in areas relevant to the project.
I guess not because the new Twitter only require a valid phone number which can be bought anywhere and some money as a form of subscription to get verified. It does not require a valid ID, selfie and others like we did when we verify our other online accounts.

Anyone can now easily verify their Twitter accounts or have that blue check mark so it's not a good indication anymore that a project is trust worthy or have a potential to succeed because there's also legit projects who still fail. The best way is to still do an investigation. Check their links in their bio and study what you are seeing there. You can also search it outside to see if they are authentic.
legendary
Activity: 2338
Merit: 1084
zknodes.org
thats true right now they hold no credibility whatsoever, everyone can buy these blue ticks, and if someone thinks scammer wouldn't go as far as having subscription in twitter then they are wrong.
these scammers are so eager in using all the method even if they gonna spent some money on it.
everyone should know that twitter account nowadays has become somewhat less credible compared with in the past so we shouldn't get too much fixated on these things anymore.
instead I think credibility of a project should be determined from other things, like what kind of partnership they have with some institutional out there and many more.
Elon Musk sells blue ticks at a low price so that everyone can get blue ticks even if they have few followers. Even scammers will spend several hundred dollars for blue ticks and can benefit thousands to hundreds of dollars from the fraud they commit. Twitter is not very credible at the moment, Telegram also sells blue ticks pretty cheap too. So what do you want to believe in blue ticks, because everyone can manipulate and protect blue tick accounts even though they are scammers. Don't focus on the type of account, but on the type of projects, partnerships and roadmaps they have whether they are suitable or not.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
I think that even though a verified Twitter account signifies a higher level of trust and authenticity than an unverified account doesn't mean it has to be a strong point for a new project.  Verification only shows that the account owner is a valid person or entity, but does not provide any indication of whether they have expertise, success or credibility in a particular project area.

In order to assess whether a verified Twitter account is a strong point for a new project, it is important to look at the content and reputation of the account.  Consider followers, engagement, the type of content posted, and the degree to which the account has proven expertise or success in areas relevant to the project.
Like a brand name on a product, Twitter's blue checkmark does not ensure the product's quality. While the verified badge is a good indicator of legitimacy, it is by no means a guarantee of skill or achievement. It's analogous to the possession of a valid driver's license. It doesn't say anything about their driving skills, just that they're legally authorized to drive.

The rise of "cancel culture" and the proliferation of fake news via verified accounts have further eroded people's faith in the internet. Therefore, it is risky to rely only on this as a strength.

Careful analysis is required to determine the viability of a new Twitter-based venture. Its a lot like detective work; you have to piece together the pieces (content quality, audience engagement, quantity of followers, track record, etc.). These factors are significantly more telling of a project's potential than a simple green checkmark
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
blue tick or verified accounts are just nonsense. Especially on twitterm, blue tick accounts can be bought quite cheaply and scammers can deceive many people as if their project is a real project, when in the end it will scam and deceive many people. I've been trapped by scammers with memecoin projects that look promising even with lots of followers and blue ticks, but in the end they are just scammers.
thats true right now they hold no credibility whatsoever, everyone can buy these blue ticks, and if someone thinks scammer wouldn't go as far as having subscription in twitter then they are wrong.
these scammers are so eager in using all the method even if they gonna spent some money on it.
everyone should know that twitter account nowadays has become somewhat less credible compared with in the past so we shouldn't get too much fixated on these things anymore.
instead I think credibility of a project should be determined from other things, like what kind of partnership they have with some institutional out there and many more.
legendary
Activity: 2338
Merit: 1084
zknodes.org
blue tick or verified accounts are just nonsense. Especially on twitterm, blue tick accounts can be bought quite cheaply and scammers can deceive many people as if their project is a real project, when in the end it will scam and deceive many people. I've been trapped by scammers with memecoin projects that look promising even with lots of followers and blue ticks, but in the end they are just scammers.
sr. member
Activity: 2226
Merit: 259
DGbet.fun - Crypto Sportsbook
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
Never, there are no reason to trust a project just based on any verified social media account, definitely you will face big loss for following such verified crypto influencers. Right now blue badge is very easy thing if you will pay monthly 10$-20$, it has become easier after Elon Musk owning Twitter. A lot of verified accounts promoting fake/scam project, so don’t believe that.
sr. member
Activity: 1554
Merit: 413
Verified accounts does help in preventing some token buyers and holders from becoming victim of phishing or other scams but I'm with the others that it should play a minor role when determining the trustworthiness or legitimacy of a project. Keep in mind that even official twitter account and telegram channels can be compromised.
legendary
Activity: 3346
Merit: 1191
I wouldn't trust some projects just because they have verified Twitter and Telegram accounts. It's nice to see it, and it makes the project looks more serious, but we can't really make any conclusions about the projects just by watching their Twitter pages and Telegram groups. It's all some sort of marketing, how else will they draw some interest from the masses if they don't have accounts on many sites?
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
As long as the owners pay the necessary money for verification usually $8 or more, Twitter doesn't care about actually verifying if the user is legitimate or not. If it were those days verification actually means the user/project has been internally reviewed by twitter's team, It would be a bonus point when considering the project. Even then, being verified didn't automatically assert that the project is legitimate and worth investing in. At the end of the day, research is paramount but it is often overlooked.
newbie
Activity: 101
Merit: 0
I think that even though a verified Twitter account signifies a higher level of trust and authenticity than an unverified account doesn't mean it has to be a strong point for a new project.  Verification only shows that the account owner is a valid person or entity, but does not provide any indication of whether they have expertise, success or credibility in a particular project area.

In order to assess whether a verified Twitter account is a strong point for a new project, it is important to look at the content and reputation of the account.  Consider followers, engagement, the type of content posted, and the degree to which the account has proven expertise or success in areas relevant to the project.
hero member
Activity: 1190
Merit: 803
Verified twitter, telegram or any social media accounts just show the team want to spend more money in order to looks professional and legit. I repeat, it only make the project looks legit, not actually legit.

We all know Monero is a legit decentralized and privacy oriented coin, but their twitter account isn't verified [1]. After all there's no way to prove if the coin is legit or scam, but a long existed decentralized coin is obviously legit.


[1] https://twitter.com/monero
sr. member
Activity: 2114
Merit: 309
Can't guarantee with verified social media account from twitter and telegram account is the strong point for new project, right now many way for making verified twitter or telegram account by purchasing above $8 and your social media account got verified. For good project is depend on their teams advice and how experienced with the owner but having real verified social media account get added points to make some project will success at the future.

Its not only about verified social media account only but also you need check interaction there, its realistic with account social some project have been verified but their tweet on twitter less interaction without any user retweet or giving feedback.
sr. member
Activity: 1722
Merit: 269
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?

A verified Twitter or telegram account alone is absolutely meaningless in my opinion because both can be aquired pretty easily. I also know a few reliable and big companies that don't have a verified Twitter account because they don't want to support the recent changes of Twitter with those payments.
In the end you always need to be willing to take a pretty big risk, if you want to invest in crypto, especially in very new projects. No research can protect you from that.
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
How much is the blue tick now in Twitter? 8$ per month. That's 96$ per year only. Anybody can afford that amount.
Any scammer who can have 100$ in their pockets can just buy that blue check for a year just to show to the public that they're legit, but in reality they're con artist, and just patiently waiting for some newbies that would fall into their trap.

I just hope that a mere blue check mark isn't a sign that they're trusted therefore you will invest into them. It's just a blue check, nothing more, nothing less especially now that the chances of getting that blue check is higher now because you only need to pay.

Having blue check = projects can be trusted. If you really want to invest into new projects, many here said some tips that will help you, but for me, I'd rather invest into old, and established coins, and tokens rather than investing into new projects. Lesser stress, lesser risk, happy life. Cheesy
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified.
Does that mean these projects can be trusted?
In fact many are encouraged to invest in any new project following this.
What is your opinion on this matter?
Think for a moment, does the fact that the social media accounts of the developers and their project are verified means something relevant to how trusted they should be? Does Twitter investigate them and see if their project is legitimate or if the credentials they claim to have are real?

If the answer is no, and I am pretty sure that is the case, then why are you and your friend giving any weight to that verification process when it means absolutely nothing?
hero member
Activity: 2520
Merit: 952
What's telegram verified? And regarding Twitter verified accounts, it's now purchasable and even if it were not there would be farmers who would sell verified accounts.

Answer to the topic, It doesn't matter much, ain't no way this would help with project's legitimacy.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
My friend informed me that at this time many upcoming project social account like twitter, telegram is verified
In the past, have verified Twitter account is difficult but latest months, with a sale business from Elon Musk, you can get such verified accounts easily by spending money.

The cost to have verified Telegram is cheaper, it's easy.

Quote
Does that mean these projects can be trusted?
Surely no. You can not trust a new project and can not trust it because it has verified badges on social media.

Check their Github to see their development activities.

Altcoin season, scam altcoin projects will appear. Check their Githubs first
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