Importance of social media channels

[Cadaver20]

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

Very good point OP. I am very much worried about KYC. Because during KYC we send the most sensitive data like NID, Passport etc. Recently ClipX bounty team fled with user's KYC data. We must be careful about this all times.

[Saisher]

Social media for any project is very important, this is how you connect with your investors and promoters the success of any project depends on how active the group channels are but careful on joining investment channels many of these have fakes members, and there are many connivance  among their members to deceive investors.  

[panganib999]

Social media channels are really that important of course so that you can keep up with the latest updates on the project if there are informations that are needed to be clarified, or how was the project doing good or would there be changes that have not been included at the start of campaign so people specifically bounty hunters and investors will supposedly know what must be done to do an action with regards to that.

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.

I strongly agree on this. It must be kept in mind by the developers to always ensure all the details must be included at the very start of the campaign so that people would know if it suits their time, effort and money for the investors. This way will also clarify all the inquiries regarding the campaign itself. Social media channels must only serve as announcement platform for minor changes or updates and not for announcing new rules that are different prior to the given information stated at the start of the campaign.

[xOdiumNostrumx]

Social media is of course almost essential when it comes to crypto projects as it is the main channel of communication between the team and project's community. It can almost be an art form, something that for example Justin Sun (Tron) is a master in, but its usually just used to pump out news of new developments regarding the projects and keeping people up to date with the current status of it.

[Adreman23]

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.

Because of too many crypto projects are coming in, the investors and hunters dont know  what to prioritize, they become hype if they discover new project and forget or  ignored the old ones they've participated  or invested in before. i think the best way to solve this problem is to make a list of all your crypto coins/token that you are holding  and include all important informations of the project for instance like link of telegram channels, social media page and the like. so that you can visit those project everyday and make you updated and not missed the important updates.

[CAPT.DEADPOOL]

Social medial channel is very important because they are given new news or here they give an update on their project to give news to their investor or patrons of their project so it is effective for their new projects to be done because social media a lot of people are interested in new things coming out on social almost not all in investment programs but also what is happening in the world.

[zaim7413]

Very good point OP. I am very much worried about KYC. Because during KYC we send the most sensitive data like NID, Passport etc. Recently ClipX bounty team fled with user's KYC data. We must be careful about this all times.

Yes, the point conveyed is not to be negligent and immediately provide data in the form of KYC to a team project that is not clear, just like in the example you mentioned, namely the Clipx team project that ran away after asking for KYC data from project participants.

[UmerIdrees]

Social medial channel is very important because they are given new news or here they give an update on their project to give news to their investor or patrons of their project so it is effective for their new projects to be done because social media a lot of people are interested in new things coming out on social almost not all in investment programs but also what is happening in the world.

Without the social media presence, no project can exist. You cannot make a project in silence, you need to promote it and the social media is the new platform for reaching out to the customers and investors. Good companies have dedicated staff for the social media marketing.

[Jimbo Abu]

Social media is the best way to communicate with the admins of the project you can also see their latest update and developments of the project.

[Galley]

It is very important to get information about the project from as many sources of information as possible. This way you can more accurately assess what can be expected from the project and always stay in touch.

[Aqcizromencez]

social media is the only way to get information such as questions and answers and more, mostly for the promotion of a project using social media and proven to be accurate. from where we can get the update information of a project of course we have to follow their official channels so it is very important for information.

[ije07]

If you are a bounty hunter or project investor, it is very important to follow the progress of the project through social media channels. yes, we all know that social media channels are a source of information about projects, especially twitter .facebook and telegram. These three channels are very important for a project you are following.

[cute nmp]

Social media channels are very important and mostly informations are gotten from the social media channels so it is very important to pay attention to it to avoid missing vital informations .Social media is the best place for marketing any kind of project so it is a good idea to keep up to date with the media channels.

[The cure]

Yes it is really important, because if we are a bounty hunter and we do not monitor social media channels especially the telegram we may miss important announcements or updates about the project, it is also the best way to gather information about the progress of the project.

[Crypto_lion]

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.

There is a definite need to constantly be in touch with the development of the projects that you are invested in. This is one of the main reason to not diversify too much and stay invested in a limited amount of tokens that you can keep track of developments.

[budi691]

many people who only participate in a project and only join the telegram group of the project without seeing and reading what is discussed in the project, and end up losing the information to be able to get paid for the project,

[zaim7413]

There is a definite need to constantly be in touch with the development of the projects that you are invested in. This is one of the main reason to not diversify too much and stay invested in a limited amount of tokens that you can keep track of developments.

Yes, dealing with project developers where we invest is very good, because building communication with developers is a very good job to make it easier to know the extent to which they will work with the project, and this will certainly be of great help to investors in particular.

[Jackl87]

I have the feeling that facebook becomes more and more unimportant in the last months or even years and loses more and more relevance in comparison to instagram and twitter.
Not only in the cryptoscene but also in general. Once the soccermoms and grandmothers joined facebook it became unattractive for young people and as far as i know old people are the only segment where facebook is still growing.

[chikator]

As much decietful and extremely misleading social media cam get in deciminating information, it is a vital role in communicating with other people and being able to get to know your products more thoroughly, you just have to be extra careful on who to trust.

[jrrsparkles]

When the official website exists the social media channels shouldn't play much role on the announcement factors but still project team uses telegram for any important announcement that is why holders misses it and some of them go unused forever.It should be just an another platform not to be your main announcement platform.