Verified twitter, telegram account is the strong point for a new project?

[Rovega]

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.

[nelson4lov]

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.

[iv4n]

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?

[Yogee]

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.

[mdzahed134]

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.

[AakZaki]

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.

[shinratensei_]

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.

[Blitzboy]

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

[AakZaki]

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.

[justdimin]

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.

[vv181]

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.

[kaseygriffin]

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.

[TastyChillySauce00]

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.

[SyndicateLabs]

Does that mean these projects can be trusted?

Can't be trusted based solely on verified social media, I see a lot of twitter accounts being sold for different purposes, many buy in bulk to commit bad behavior like spread a lot of poor quality projects.
Social media interactions can be faked as well as verification on it, I think, but the criteria for evaluating quality are still mainly about team, product development, partners, strategy , tokenmic,... when talking about a new crypto project.

[MainIbem]

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?

I just have simple question for you; Does a verified blue-mark on their profile contributes to their project progress?
No! because verified account isn't the main that is working on the project rather is the individuals who is putting collective majors to make sure their project succeed than following blue mark as verified account. In fact if you must know those tags are very common to get and since the twitter was bought from the former CEO to Elon Musk he has jeopardized the importance of the blue mark or tags. Always learn to do your own research before investing into any project out there.

[eaLiTy]

~
Twitter blue tick is for sale to anyone who wants it now. And that explains why new projects with as low as 2k followers now carry blue tick.
As for telegram, a project or individual has to be solid before he gets the check. But it is also for sale.

You can get a blue tick in Twitter by paying  $8 a month or you can take a monthly subscription for $84 and i do not think the number of followers does not matter, all you need is to pay the money and you get a verified account and the same goes to Telegram as you get a premium account for $4.99 a month which gives you a tag and mostly scammers are taking advantage of these feature.

[Jocuserious]

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.

This fact is not known by many people and especially those who are new to investing in crypto. We have lost a lot of money in the past so newbies need to be more aware so that they don't stray away from crypto. Actually this verified process is a new trick so that they can be easy to scam.

[avikz]

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?

Nope! Earlier verification used to matter but now you can purchase verified account from Twitter and Telegram itself. So there is no trust factor involved anymore. Such verifications should not be used as the basis of your investment into a new project.

Even you can have a verified Twitter account. So go ahead and get yourself one. But that won't increase the trust you carry.

[cute nmp]

When it is comes to cryptocurrency the blue ticks on the social media platforms can make a project alook legit and help attracts more investors .It also helps give relevance especially if the project is new to the markets, Don't know for the other sectors but it does hold a Point in cryptocurrency.

[abel1337]

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?

Being verified is not enough especially today where blue check mark can easily be bought and there are accounts on some social media that are being sold just like what happened on the time where still on the possession of Jack dorsey. Being verified doesn't really contribute on legitimacy in my own perspective. Projects are using this hole in the system by gathering the trust of the community which are commonly newbies. For me it's always the project team and it's project goal matters most.