Honestly, creating a crypto-based startup has been the dream of many people since BTC rose to popularity in 2011. And to be honest, it’s a booming market too.
The competition is pretty low at this point. And, if you can get even a small amount of core audience, you can still make a huge fortune from your business, like bitqt is doing.
However, like any other business proposition, it is not easy to start a cryptocurrency business from scratch. And that is mainly due to the technological barrier available here.
Even if you are proficient enough in that part, you could end up struggling in the advertising or marketing department. And that’s where I’m going to help you.
In this article, I have made a summary of how you can organize a perfect Crypto startup without making a single mistake. All of them are tried and tested, so don’t worry too much about it.
Starting a Crypto Startup: The Essential Guide!
No matter what your business is about, you should always start your journey by creating a website. It will help you connect with the large audience waiting to be introduced to the world of the Internet. So, that’s where you should start, always. And, from then on –
Step – 1: Write, write and write.
Just creating an online platform where you can meet and greet your audience will not be enough for you. In addition, you will also need to write content on it.
When you’re just starting out, it’s always best to only post informational blogs on your website. Keep them related to your niche, or Google might flag them as inappropriate.
Once you’ve written a bit on your site, I’ll also ask you to work on link building. To do this, you will have to work with another publisher and write on their website for free. This way, it will be easier for you to get a link to your website from them.
Step – 2: Opt for yield farming.
Yield farming typically occurs when an investor, holding a project token, can earn interest by offering liquidity. This, in turn, can help a trader buy or sell the same thing for free.
So how does it help your company?
Well, for starters, you can create and spread an NFT token from your organization. This, in turn, can attract more and more investors to buy them, since they are earning interest.
This way, it will be easier for you to boost the “word of mouth” marketing process. I mean, if an investor is making a lot of money off you, he will definitely talk about you. And, as a budding entrepreneur, that’s what you’ll want for your business to grow.
Step – 3: Look for an opportunity on social media.
Whether you believe it or not, social media can make or break your business, really. But, it will be completely up to you whether you can join the hustle or not.
In my opinion, if you want to break the social media code, it’s always best to start with a meme or two. It will help you get the attention of more people and market accordingly.
Step – 4: Try an Airdrop.
An airdrop, in essence, is a one-time marketing process where you will have to distribute a token or money to raise awareness of a new virtual currency. The digital asset must be unique to your own organization, so be careful when creating it.
In an airdrop campaign, you will need to offer only a small amount of the same asset without taking a drop of money. And don’t forget to allow your consumers to use them to make a purchase from your website.
Having such freedom could lead them to invest more money in your business.
Step – 5: Write a press release.
Finally, if you want to officiate your business, you’d better write a press release. It may take some time and work to do, but it’s worth it.
Just make sure you’re using –
- Unique and customizable template for your business.
- Write in simple and direct language.
- Don’t use too much “bold” or “italic”.
The last word!
there you go Hope I can help you to get a little insight on how you can boost your Crypto business as a whole. But, if you still have something else to ask or share, write it down in the comments section below. I will do my best to help you!