Every successful crypto community initiative has had a strong, supportive, and encouraging community behind it, which is fascinating to note. If you treat your crypto community well, it will be the best and cheapest kind of PR for your product. Many crypto community management ideas can even come up from within your community that your internal employees would not have thought about.
The bitcoin community and supporters of a community’s purpose can help by completing some of the work, testing it, and spreading the word about the crypto project by publishing articles and blogging about it.
Many people think that the cryptocurrency community is a single, close-knit community that is united by one host. But in reality, it is spread far & wide, with many smaller organizations sponsoring various programs.
Unsurprisingly, the most popular cryptocurrencies, such as bitcoin, Ethereum, and XRP, have the largest communities. Members of these crypto groups are delighted about their efforts, and they will fight tooth and nail to defend them if anyone tries to undermine or portray them in a negative light.
With this in mind, let’s see what are some ways you can be successful at crypto community management.
Table of Contents
Involve Crypto Community Management Ambassadors
Community Ambassadors are enthusiastic members of the crypto community who help the platform in a variety of ways, including promoting the ecosystem, providing input to help improve crypto services, and aiding users with queries and issues.
How can ambassadors aid in the development of your community? To begin, crypto ambassadors can engage with the community, arrange community events, and promote your crypto project on your behalf.
Some crypto/blockchain companies, such as Lumeos, Chaincreator, and TOP Network, already understand the value of crypto community management ambassadors. That’s why their marketing plan includes a crypto community ambassador program.
Seek Professional Help
It’s sometimes best to delegate crypto community management to pros. There are a lot of crypto marketing agencies out there, and they have the expertise, connections, and know-how to quickly and effectively develop a crypto community.
Many of these crypto marketing agencies provide a comprehensive range of services ranging from copywriting to community building and management, social media marketing, SEO services, and other marketing-related activities to increase crypto project visibility and value through the network effect.
Make Use of the Network Effect
Your team, as well as your fans, must work together to spread the news. Allow members of your crypto community to invite anyone who might be interested in your crypto project.
Also, provide an excellent platform for people to share what your firm is building, important milestones, and initiatives that have been launched so that others may join in.
Include Influencers to Help Spread Your Message to The Crypto Community
Crypto influencers are well-known individuals with a vast audience that are passionate about cryptocurrency/blockchain. The major reason they should help you in creating a crypto community is because of their vast and active audience. Influencers play an important role in promoting these kinds of activities and enterprises. The impact of an influencer’s opinion, whether beneficial or negative, on the outcome of a crypto marketing campaign, can be significant.
Take Care of Your Crypto Community
Proper crypto community management is also necessary to ensure the community’s continuing growth and alignment with the project’s goals. It is critical to have someone administer the community to do this. To keep things in order, larger crypto communities use volunteers or paid community managers/moderators.
Binance is an example of a cryptocurrency exchange company that employs community managers to handle their telegram accounts. They came up with a perfect example for this when their CEO Changpeng Zhao addressed the crypto community via his Twitter account, directly.
Join Forces with Other Crypto Projects.
While it may seem paradoxical, working with other crypto projects might help users to get more value. It also enables them to explore new opportunities and connect with a larger audience.
This collaboration will also help you engage with their community and build a base for loyal investors and community members for your crypto community.
Increase Your Social Media Following
Although there are many social media networks to choose from, you are not required to be active on all of them. Concentrate on platforms that support your overall crypto marketing strategy and help you build your audience.
So, how do you go about doing it? Begin by identifying your target audience and potential community members.
Any digital marketing effort now must include social media marketing. As a result, every cryptocurrency project looking to expand its community should have a strong social media presence to raise knowledge about the project, which is also an excellent place to start the brand’s story.
It can be a cost-efficient and effective marketing method for many crypto companies looking to increase their community. There are billions of social media users online, and as the world becomes more digital and connected, this number is expanding
Your Crypto Community Should Be Rewarded
One of the most important aspects of keeping the community-engaged and active contributes to engagement, and it’s also a significant aspect of crypto community management. Rewarding kids for being this way is one of the most effective methods to keep them that way.
Referral programs, AMA events, social media contests, trade competitions, meme contests, rewarded social media tasks, airdrops, free giveaways, and so on are just a few examples.
Some crypto projects run full-fledged bounty programs in which members are tasked with everything from social media activity to content development.
Using Analytics
Focus on the most important data and use our reporting system to take aggressive action. Native connectors with other top analytics tools, such as Google Analytics, MixPanel, and Segment, expand the tracking mechanism’s power.
You must gain network users and people who will create, maintain, and develop the network for your cryptocurrency project to succeed in the long run. Apart from gaining new members through referrals, a branded community may attract and connect users.
Using Third-Party Apps
You may enhance your crypto community management efforts in a variety of ways. Hold a hackathon, add polls, and link with third-party programs. Hub Spot, Marketo, and Slack are just a few of the most popular apps.
Create a Narrative For Your Company
Storytelling can help people build ties, connect, and recruit new members to a group. Stories may help you connect with your brand by giving it a human face and drawing your attention to it.
The Key Takeaway
A successful startup is built on a powerful crypto community management. You can have a fantastic product, but if no one supports and uses it, you will lose. The community would serve as the glue that holds these two together.
Cryptocurrency firms can use this comprehensive guide to kick off their crypto community management strategy, which will collect, content, and engage members. Crypto projects can position themselves to attract and retain more crypto community members, which will pay off in the long run. This would have a long-term impact on the firm’s success.
If you are wondering how to apply all the mentioned strategies to your crypto marketing plan when you have limited bandwidth, you may also choose to go for a crypto marketing agency that specializes in crypto community management services and other crypto marketing services such as Blockwiz.