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- 1 Social media plays a vital role in the marketing of crypto assets including NFTs.
- 2 NFTs have a great effect on all social media platforms.
Social media platforms play a vital role in the marketing of products. The products can be related to the real world or to the virtual world as well. NFTs increase brand awareness as they increase authenticity and ownership.
Social media has increased NFT marketing by promoting and sharing content with like-minded followers. This has made the platform a Web3 and NFT advertising giant. Due to the memetic nature of the crypto trends social media has become the go-to method for staying available for the projects, products, and services in Web3.
Celebrities and famous personalities use social media to promote their NFTs. Content creators Logan Paul, Rapper Snoop Dogg, and Eminem use social media to promote NFT. This way they become more recognizable.
Different Social Media Platforms in NFT Marketing
Twitter, the social media platform grabs the first position when talking about crypto or NFT. Any new news related to the sector is released as posts on this platform. NFTs are hugely promoted on this platform. Even celebrities use the PFPs to promote their NFT and show their interest in a particular digital art form.
Instagram, is a social media platform that is famous for sharing videos, reels, and stories. It is not known for crypto social activities. Though it is not popular for digital art sharing, users or NFT creators or supporters can use it as PFPs and use the NFT as the domain name. This will also attract attention and is a way to market the brand.
Discord is a communication platform, especially made for communities and groups to chant and communicate in various activities related to the project. NFT projects and brands use Discord as a hub for communities to gather, assemble, and connect. It is regarded as the most popular platform for NFT projects.
Reddit is also one of the emerging platforms for NFT marketing. According to the survey of this platform, Reddit users are much more aware of NFTs as compared to other platforms. It is a platform that allows users to discuss the project. The platform has taken the initiative to compile the data from its crypto community.
Moreover, the platform took innovative ways to reach its users and introduce NFTs. The Reddit avatar builder was launched in 2020 with which Reddit collectible avatars were created. The demand and positive reception of the avatar builder inspired the development of digital assets in the form of NFTs.
Summary
Social media plays an important role in the marketing of NFTs. NFTs can make a sense of maintaining the rarity and social media gives a chance to deal with the customers directly. Still, the investments should be made wisely. As the market is very volatile drastic changes take place suddenly.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
