Importance of social media channels

[kaseygriffin]

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.

Simple thinking will be more realistic than we hoped, at this point it will not happen and i also think that Ethereum needs to do more to achieve such value in the future, not just. It's about price, but for now it still has to compete with many other potential competitors in the market. But i believe that by 2021, there will be many positive changes in price, possibly ATH level, and this is also the target that i think ETH is aiming for at current prices.

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[abahcoin]

I also had the experience that I didn't follow the project's development on social media then I saw on Etherscan that my coins had changed the address of the smart contract and the developer gave me time to swap, but because I didn't follow the project's Telegram channel so I lost the opportunity to do swap, and my coins have become useless.

[Jeger.Kiting]

It is very helpful to provide information and find information, regarding the growth of crypto currency and new projects that have sprung up, but I still think for new users who are looking for information and knowledge about crypto currencies, so as not to get caught up with fraudulent projects because what we know a lot of fraudulent information by providing tantalizing lure, maybe everyone here can provide input to avoid fraudulent information or fraudulent projects for new users ...

[kramat]

yes you are right, following social media is very important and those who complain about not following updates are lazy people, so for anyone, never leave social media, especially telegram projects if you still hold their token

[sulendra12]

Some hunters and investors lose vital informations like
1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date

Investors probably care with those, but not with bounty hunters. Even though the vital information have been stickied at the top of the channel but they are keep asking the same shit over and over again. Don't bother to even use the search feature and make the whole bounty hunters look bad because of their ignorance, social medias are great to find the information but please be a smart user.

[dlightag]

The social media channel is very important to follow always, mostly in token swap after getting rewards or investing in a particular coins with your hard earned money and it turns to zero after the swapped has already taken place and no second chance given and is very necessary to visit telegram group or channel always to be updated on your investment.

[mdzahed134]

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.

 About the token smart contract I've seen some people who walked away from the token or coins they keep in their portfolio, they keep no track at all, a token swap that takes place 5 months ago can't be recover, it's not devs fault when such happens, investors need to constantly track their portfolio to avoid missing any information

I am agreed with you, if token investors or hunters keep touch with this project telegram channel or connected with their others social media platform, then will never miss any important update about this project, definitely it’s their own fault not token developers.

[RiverBoy]

The social media has many advantage, mostly in coin swapped, the team announced it ahead, which people that follows the social media channel has a better chance to swapped or follow the update, by listen coin in difference exchange mentioned in social media channel and is very good to follow up.

[Jocuserious]

I agree with your mind because there are those who want to hide the money, which is why they make various promises. There are  projects that refuse to issue tokens to hunters. Even swap system is very bad for a old investors who don't know when swap complete. That's why many old investor loss there money.

[woez]

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.

[Yatsan]

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.

[abralzain17]

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

[MiF]

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.

[RussianEnglishTranslation]

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.

[Silver005]

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..

[MIner1448]

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.

[JahriMeayer]

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.

[trendcoin]

...
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.

[blockman]

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.

[Fredomago]

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.