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1  Economy / Economics / Re: Which city deserves to be the blockchain capital? on: September 13, 2022, 09:48:09 AM
I'd choose Singapore because I think they're most creative in their approach to tackling situations.
For example, take a look at their water purifying system. They convert every drop of wasted water into drinkable, and that's crazy wow for me.

You can call me a tech fan because the reason I chose Singapore for the blockchain capital but I don't mind.

I agree, their techology is fascinating, now Singapore is even being called Asia's haven for blockchain startups. But amid the recent downturn in the cryptocurrency market and the spectacular collapses of cryptocurrency firms such as Terra, the Singapore authorities seem to be getting bolder in their criticism of the crypto industry and outlining its potential dangers, with legislation and licensing becoming more difficult. Do you think Singapore will loosen requirements for market players?
2  Economy / Economics / Re: Which city deserves to be the blockchain capital? on: September 12, 2022, 11:48:49 AM
El Salvador appears to have made the largest per capita commitment to crypto. If there is a capital they might merit the distinction.

Given the history of the internet I wouldn't be surprised if someone tried to establish a capital somewhere in international waters. There is unclaimed land near the mojave desert and far south not far from antarctica. Perhaps cryptocurrency capitals could be established there. Or perhaps one might eventually be established on mars or the moon. All of the motivation for such things appears to have waned. Local governments have shown that they will not tolerate such positions to be established in international waters near their borders. Which could have put a damper on things.

People have flocked to find sympathetic representatives. There are a few US states who are sympathetic or even supportive of crypto. While other US states have adopted the opposite approach. I don't think its too hard to tell which direction the wind is blowing. But you can never tell.
Your idea that in time a cryptocurrency capital will be created on Mars or the Moon is interesting.
Don't you think it will become a global commons and making it a cryptocurrency capital would be inappropriate?
What do you think about London and Dubai?
3  Economy / Economics / Re: Which city deserves to be the blockchain capital? on: September 10, 2022, 09:59:36 AM
Sounds so obviously ironic, its not a centralized standard.  Surely there should be no center or any aim to direct the blockchain in that way even if it were purely publicity.   You could argue maybe the countries with BTC as a national currency deserve the first attempt at such a title but the whole world is the ideal.

But for some reason blockchain events are held more often in some cities than in others. Why do you think organizers choose 1 city more often?
4  Economy / Economics / Re: Which city deserves to be the blockchain capital? on: September 10, 2022, 07:17:44 AM
Nice information. I think Singapore is one of the most innovative place, though it might not be hoding many conferences but it was one of the few places in Asia that is at forefront of crypto revolution. Yes London must be the capital for sure I guess.

That's just the big events, but there's also the problem of keeping track of the smaller ones, such as blockchain breakfasts.
Have you attended such small events? Where do you keep track of blockchain events?
5  Economy / Economics / Re: Which city deserves to be the blockchain capital? on: September 10, 2022, 07:10:10 AM
I'd vote on Dubai. The number of crypto events are largely irrelevant. I could register a hotel lobby, gather a party of a dozen people for a Bitcoin event anywhere in the world to run the tally up if that was the standard.

I'd consider any city that is pro-crypto, anti-regulation, and pro-free market to be the only contenders. UK and U.S. will be regulating Bitcoin soon, more than they have already. London is out, NYC is out (along with any other U.S. cities) on your list.

Dubai's economy and tech space has developed rapidly over the last 20 years. My understanding is their regulatory governance board has allowed some crypto companies to offer their services there recently. Seems to me they'll embrace Bitcoin more than any other region. They'll likely become a crypto hub with large crypto corporations HQ'd there over the next decade.

I agree that a big future for crypto industry can be expected in Dubai. Unfortunately, I have not yet had a chance to go to an event there. Were you able to take part in a major blockchain event in Dubai?
Have you organized a blockchain event?
6  Other / Meta / Re: Why I love Bitcointalk! on: August 09, 2022, 07:46:59 AM
I try to explore interesting bitcointhalk articles, I wish I had come here sooner. The world of cryptocurrency is very diverse and requires a lot of time to learn, but thanks to Bitcointalk it becomes easier to digest.
Here I like that I can run into a lot of people from different walks of life who are very knowledgeable and empowered, I learn a lot.
7  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin become a global currency ? on: August 04, 2022, 11:32:24 AM
Some countries have not legalized and prohibit cryptocurrency due to volatility, so it is debatable whether bitcoin can ever be considered a global currency? Bitcoin is more of an investment, so many people buy it.
It can also be noted that cryptocurrency ceases to be a speculative asset and becomes a digital version of gold.

But also in many countries you can freely use and pay in bitcoin for various services, the range of offers is almost unlimited. For example, what you can buy with bitcoin:

digital appliances;
household goods;
electrical goods;
clothing;
products for handicrafts;
food, etc.
Various services are available for cryptocurrency - legal assistance, website development and promotion, flower delivery, etc.
From this we can conclude that bitcoin is an integral part of our lives and perhaps the future.
8  Bitcoin / Bitcoin Discussion / Re: Best Crypto friendly country? on: August 04, 2022, 11:04:09 AM
According to open sources, the most optimistic about bitcoins and cryptocurrencies are:
Singapore
Australia,
Brisbane City
U.S.
state of California
Sweden
New Zealand
Liechtenstein
Portugal
Germany
Malta
Switzerland

Each of them has different conditions, if you are going to move to one of these countries, you should study the conditions in each of them.

Despite this, the countries with the largest number of cryptocurrency holders are as follows:
India 100 million
US 27 million
Russia 17 million
Nigeria 13 million
Brazil 10 million
9  Bitcoin / Bitcoin Discussion / Re: Crypto question! on: August 01, 2022, 12:05:44 PM
If you want to keep moving in bitcoin, BitcoinTalk is probably the most suitable forum for that. What about other social networks and forums - there are a lot of them, I advise you to choose carefully and on your own, because many may be created to advertise something.
10  Economy / Trading Discussion / Re: What do you think about kickex exchanger? on: July 25, 2022, 04:38:24 AM
According to public sources it is a licensed cryptocurrency exchange with good cashback and orders and a high level of protection of customer funds. Licenses in the European Union. 0.075%/0.1% commission.  https://kickex.com.

I would like to see more people and volumes on the exchange accordingly. If you are a kick token holder, there are a lot of perks for you: low kick transaction fees, staking, kex cashback.

Still, you should use sites that you are familiar with. It is not worth the risk of unnecessary exposure.
11  Bitcoin / Bitcoin Discussion / Re: why is bitcoin price important? on: July 19, 2022, 09:06:54 AM
The value of cryptocurrency in the eyes of investors is ensured, among other things, by its long history. Bitcoin has been around for more than twelve years, and in all that time, it has not given any reason to doubt itself. This means that cryptocurrency buyers, among other things, see in it a mechanism that will not fail and will perform its own functions.

Now BTC is mostly perceived as a means to preserve capital, largely due to the constant long-term growth of the coin's price. In addition, due to the new crisis caused by the spread of COVID-19, Bitcoin is also seen as a profitable means of protecting against inflation.
12  Other / Politics & Society / Who to follow if you want to get some brains in blockchain? on: June 23, 2022, 04:35:02 AM
Modern technologies are developing at a tremendous speed. It's impossible to keep track of absolutely everything, but it's critical to keep up with the industry's news. It is easiest to find influencers for cryptocurrencies while the blockchain remains in the shadows. However, this does not mean that such technology does not deserve your attention.

What is blockchain and its main advantages?
Blockchain is a decentralized database. Initially, this was developed for cryptocurrencies, but today it is clear that this technology can be actively used in other industries. It is because this database captures various data and stores and encrypts it.

All blockchains can be divided into public and private. In the first case, everyone can see the information from the database, and in the second case, a limited number of people have access to the data.

Among the main advantages of blockchain are:

  • Increased security;
  • Inability to correct saved data;
  • Ability to use cryptocurrencies;
  • Can be used in absolutely all industries;
  • Smart contracts and more.


Today, this is used in many projects to increase transparency, improve customer confidence, and speed up transactions, especially international ones.

Top 5 Influencers

Today there are quite a lot of companies and IT specialists who work with blockchain. Some actively maintain their social networks and express their opinions about new developments.

Elon Musk

Elon Musk is one of the wealthiest countries in the world. He actively maintains his page on Twitter, where more than 96.4 million users follow him. He keeps a close eye on innovation and has a considerable impact on the crypto world.

It is worth noting that he is not the most typical billionaire because he is well versed in innovative technologies and is actively involved in various developments.

Brian Brooks

Bitfury Group CEO Brian Brooks is closely monitoring the situation in the crypto market and is trying to develop various programs that would allow the United States to modernize its structures for blockchain and cryptocurrencies quickly.

He has more than 100,000 followers on his Twitter who regularly follow his statements. Here he also actively expresses his opinion on the latest important events in the world of IT technologies.

Vitalik Buterin

Vitalik Buterin is one of the most famous people in the crypto world. He developed the Ethereum blockchain, based on which the second cryptocurrency after Bitcoin works today, as well as most P2E games and NFT projects.

Today, almost 4 million users follow his Twitter page. Here you can find out his personal opinion on various processes in the world, and he also shares his new developments in the blockchain industry.

CZ Binance

There is probably no person in the crypto world who has never heard of Binance. It has long ceased to be just a crypto exchange. It is now a central platform that has become a favorite destination for many crypto enthusiasts. It is so actively developed thanks to the work of CZ.

CZ actively maintains his page on Twitter, where he is followed by more than 6 million users worldwide. Here, he places personal information and information about the work of Binance and various news in the world of blockchain. If you work on this exchange, you need to monitor his account carefully.

Nicholas Cary

Blockchain.com is one of the most popular ways to buy or sell cryptocurrencies. It is a reliable and convenient electronic wallet used by a considerable number of users around the world. Nicolas Cary is the co-founder of this, and he has shown that he is an excellent specialist in his industry; he is listened to by both crypto enthusiasts and well-known IT specialists.

Today, more than 51,000 people follow him on Twitter. Here he announces innovations from Blockchain.com and shares his thoughts on the development of the blockchain industry.

Who can be considered an expert in this industry?

As we can see, most of the famous crypto experts are the founders of large platforms that are very successful worldwide. It is mainly because these people are pretty successful, recognizable, and know their business well.

However, there are quite a few other experts on Twitter – people who have been working with blockchain technologies for several years or even teach in this industry. They often do not have such a vast audience (on average, they have no more than 5 thousand subscribers); however, this does not mean they do not deserve attention. So, the founders of large corporations mainly talk about their business but do not cover the crypto world as a whole, while other experts, on the contrary, try to give the most helpful and valuable information to attract more user attention.

Can a person who has only recently started his/her social network be considered an expert? Practice shows that this practice does not matter much. The main thing is the knowledge of blockchain technology and the desire to share helpful information. And who do you think, whose posts do you follow, and why?
13  Other / Politics & Society / The main methods for promoting NFT collections and new projects to crypto. on: June 16, 2022, 08:21:35 AM
The phenomenon of NFT popularity is undoubtedly connected with the phenomenon of interest in cryptocurrencies.

There are 3 main reasons why people buy NFTs:

  • Collecting;
  • Earning money;
  • Maintenance of artists.

Many crypto enthusiasts buy NFTs as one of the most popular types of collectibles. So for example, Mark Cuban openly boasts of his extensive collection, where he purchased part of the NFT himself, and the rest were presented to him by friends and fans. Some crypto enthusiasts are buying up various NFTs to resell them at a higher price later. If the project is widespread and is issued in limited quantities, then in the future, you will be able to resell your non-fungible tokens at high prices. It is worth saying that this way of earning is the riskiest since there are many more failed stories than positive ones. For example, cryptocurrency entrepreneur and CEO of Malaysian startup Bridge, Sina Estavi, purchased an NFT in an image of Jack Dorsey's first tweet for $2.9 million. After a while, he decided to resell it and failed. He put the token up for auction, where the maximum price was about 7 thousand dollars.

However, there are also positive examples. So, a 12-year-old boy was able to create his NFT collection and sold it for 400 thousand dollars. It is considerable money. Many crypto enthusiasts decided to support the teenager in realizing his dream. Show that you can realize your desires.

For artists, NFT is not only an opportunity to earn money but also to show their work to a large number of people. In recent decades, people rarely go to exhibition centers and museums, but today they can get acquainted with the paintings of Van Gogh and other great artists in various NFT projects. The opportunity to be realized in the art industry is easier here.

10 steps to promote your NFT collection:

NFT promotion is a rather complicated process that requires time, effort, and money. However, if you can carry out this process as successfully as possible, the earnings will be huge.

1. Collaboration with famous artists

Practice shows that people are more active in buying the work of artists they previously knew about. So, for example, an NFT with the image of a Banksy painting is estimated at 700 thousand dollars, while young artists cannot even dream of such earnings. It is extremely important that you can create an exciting quality product that users will like and have their aesthetics. It's no secret that today there is a lot of garbage on the market that will not be actively sold even with the most effective marketing strategy.

2. Creation of tokenomics and roadmap

When creating a collection, it is necessary to immediately announce how many NFTs will be released, how many of them will be donated as part of various promotions, and how many will be sold on a whitelist. It is also necessary to correctly calculate the cost of the product. The more tokens that enter the market, the lower you can set the price. You need to understand how much money you will get if you sell a small part of the collection and whether the project can pay off. It is also necessary to immediately think over the roadmap. So, you should immediately announce how many collections will be released shortly, when they will be ready and indicate the exact date of release of the first collection. In addition, you need to immediately think about what possible gifts you plan to give to holders and whether you will additionally stimulate purchases (for example, participation in charity events and much more). Some collections also offer what kind of tangible items, such as paintings depicting NFTs.

3. Create your site and do its SEO promotion

It should be said that SEO website promotion takes a lot of time - on average, from 6 to 9 months. So, the sooner you create a website, the better. Some artists even start making the NFT collection and the site almost parallel, which is normal. To promote a page in search engines, it is also necessary to build a complete strategy, including internal and external optimization. The first involves writing various relevant texts, creating a user-friendly interface, and more. External optimization involves link building, which can also positively increase interest in your project and build your community. If you don't have that much time, you can purchase ads; for example, Google offers a relatively inexpensive advertising system where you pay not for impressions but direct clicks to your site. Usually, it is not very expensive, but very effective.

4. Create a community

Every NFT project must have a large community. The more people know about your project and follow the news, the better. There are many ways to attract the attention of people around the world. It is necessary to constantly expand the audience and increase the number of crypto enthusiasts interested in buying your product. The following steps will focus on growing your community.

5. Develop a marketing strategy

It is almost impossible to successfully sell an NFT collection without a robust marketing tragedy. Sometimes you can come across projects where ads are displayed quite chaotically and look rather strange. It would be best to have a well-thought-out strategy, including advertising on social networks, articles on various news and analytical resources, and much more.

6. Work with influencers

Today, there are more than 2 thousand different crypto influencers in the world. All of them are divided into 2 large groups - individualists and communities. The first are various celebrities who may be genuinely interested in your project simply because they like it. In addition, some stars are unwilling to create advertising integrations. It is pretty expensive, but the effect is not comparable with other promotion types.

Some of the most influential crypto influencers include:

  • Elon Musk;
  • Neymar Jr;
  • Liam;
  • Mesut Özil;
  • Marshall Mathers;
  • Ronaldinho Gaścho;
  • Snoop Dogg;
  • Ashton Kutcher and many others.

To achieve the location of such celebrities is incredibly difficult. You must have an excellent, original and unique project that deserves attention. Various cryptocurrency exchanges or coins usually own communities. They typically carry mainly analytical information, but some may be willing to create advertising integration with collections with good tokenomics. The most important communities include:

  • Binance;
  • WORLDSTARHIPHOP;
  • CZ 🔶 Binance;
  • Coinbase;
  • CoinMarketCap;
  • Dogecoin;
  • CoinDesk;
  • Ripple;
  • Ethereum and others.

Working with influencers is quite complicated and expensive. It would be best if you were prepared that negotiations can take quite a long time, and the cost of such integration will be in the thousands of dollars. Many creators of NFT collections are ready to spend that kind of money because they know that several million people will see the product, and some will want to become your buyer.

7. Brand partnership

Another opportunity to draw attention to your collection is partnerships with brands. Today, some companies are willing to create collaborative advertising integrations to increase awareness. In addition, some brands themselves create their own NFT collections to attract crypto enthusiasts' attention to their products. The more people talk about your product, the better, so you can negotiate mutual promotions if you already have a large community.

8. Social networks

Social networks are one of the most common mechanisms for creating a large community. Here you can show examples of your future collection, create various pranks and even create multiple memes. The most popular social network for promoting NFT collections is Twitter. Facebook is not suitable for these purposes, as it has created restrictions on advertising any crypto assets. It is also crucial to create a discussion on Bitcointalk. Many crypto enthusiasts are concentrated here looking for information about new exciting projects. It's a good idea to create an extensive discussion on Discord. Here people learn about the news and discuss some essential things. Here you can find out the opinions of different people about the project and understand what they like and don't take into account in future collections. The better you know people's views, and the better you can appreciate objective criticism, the better you will be able to work in the future. Another important social network is Telegram. It is famous worldwide, so you can easily create a community where you will publish various news, announcements, and various polls, and much more. It is another plus for creating a large community. Creating various videos on YouTube will also be very effective, especially if you have some original and funny projects. It will draw additional attention to the collection and maximize the visualization of the benefits with collaboration.

9. Integrate in the Metaverse

Today there are 2 main metaverses - Cryptovoxles and Decentraland. They allow you to create a unique world that is fundamentally different from everything we are used to. Millions of people worldwide have already appreciated this type of entertainment, and it will be very nice if you can integrate your project into these universes.

10. Start trading on a successful platform

Among the most successful platforms for selling NFTs is OpeanSea. Many users who want to purchase attractive and successful NFTs are registered here. You can pay for tokens here using ETH. There are well-thought-out smart contracts here that allow you to make the process of buying and selling more secure. So, as we can see, promoting an NFT collection is an incredibly complex process that requires a large stock of knowledge, skills, time, and money. Practice shows that it is almost impossible to do without financial costs for promotional activities. If you do not want to take on all the above actions yourself, contact the appropriate agency.

Interesting to know:

  • What is the most effective way to promote your NFT?
  • What is more credible to you: mass reposting of influencers, unique project story or a limited number?
  • What ways would you add to promote your NFT project?
  • Giveaway, contests, subscription requests give credibility to the project or vice versa?
  • What criteria to put a price on the NFT?
  • Do you already have an NFT?
  • What Influencer are you working with to promote your NFT?

Perhaps this will be the reason for the great success of your project. What promotion methods do you use?
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