WHY EXPANDING MARKET GOOD PROMOTION STRATEGY

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Cryptocurrency is still not popular to all people. Many people know bitcoin but not many cryptocurrencies. Knowledge about cryptocurrencies is limited why some people are reluctant to invest time and money for this new world.

Some developers of cryptocurrency use bounty hunters to promote their projects. Bounty hunters are effective to promote ICO though their works look like spammy. However, some ICO succesful made succesful funding with the help of bounty hunters. There are some mistakes that some ICO developers do after ICO finished. They stop promotion. Stopping promotion will cause the popularity of the new coins will be drawn in the new stream of new coins and existing coins.

EXTENDING MARKET EFFECTIVE PROMOTION

One of the effective promotion is extending market. Listing the tokens or coins in new marketplace. If the coins are real and based on real community not a dump and pump coins, the popularity will increase slowly among traders. It will increase visit to website. Traders are opportunists. They will learn and take profit from new coins that has good future.

CASES FOR LEARNING

  • Crowdholding with yup token
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    Look at the trading volume and and the rank in coinmarketcap! It ranks 1976 and zero trading volume. Crowdholding is social platform. It is based on real community but the developers only list the token in idex.market since the token was launched. I invested there in ICO but I sold all the tokens due to the price down and not profitable.
  • MINDS
    minds.png
    Minds is a social platform based on eth. It has real community but the value of the token is zero. It is listed only in mercury x with zero trading volume. The data shows that it is listed in uniswap. I check uniswap no MINDs token listed.

GRAB OUTSIDE COMMUNITY TO JOIN

Expanding marketplace will drag new comers from different community to hold the coins. The more coins holder the more popular a coin will be.

WILL LEO EXPAND THE MARKET?

I am not sure how the leo developer will expand and make leo more popular not only for hive users but for different communities. Building strong and solid community outsides hive will benefit to leo and hive. Those new people will be interested in hive and leo at the same time. They will register hive to join leo. That is a simple strategy to make leo popular. Leo developers can list in bitshares dex or other exchanges so leo token will have more value.

Posted Using LeoFinance



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