WhyThe Temptation For Content Creators To Shitcoin

When making your way into Bitcoin.

Education in Bitcoin is lacking.

Like Bitcoin, Bitcoin education is profitable over the long term.

Applying a consumerist business model to investing.

  • The influencer gets paid from YouTube, Medium or their blog for impressions on ads.
  • The influencer receives a set allocation of tokens in exchange for content, and then as the price rises, they can sell it into the market demand they create.
  • The influencer gets paid in cryptocurrency or fiat for their content.
  • The influencer creates a paid course of generic information they’ve curated and repacked with their branding.
  • The influencer requests subscription fees for newsletters, or exclusive video content or access to private chat groups
  • The influencer sells branded merchandise they import from some low-cost manufacturer and rebrand it.

Are Bitcoin only influencers any better?

  • They will accept sponsorships from shitcoin businesses but claim they only promote Bitcoin access on those platforms.
  • They will accept sponsored deals from Bitcoin companies and not disclose them or constantly try to work in sponsored messaging.
  • They will create long-form interviews or think pieces that are simply disguised ads.

--

--

--

Co-founder of nichemarket, a South African Business Directory and digital marketing agency — https://www.nichemarket.co.za/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Crypto Bear Market — what should you do?

Trading on the Bitzlato platform using a bank card

Cudo is world’s first mining software to pay out in Algo — A non-mineable token!

How to Make a Dao?

AMA Recap — UniMex

$REEF - now on OmniCOMP

Bitcoin and the stories of Satoshi

Daily analyze of cryptocurrency 20190707

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ché Köhler

Ché Köhler

Co-founder of nichemarket, a South African Business Directory and digital marketing agency — https://www.nichemarket.co.za/

More from Medium

The Metaverse Explained: A Guide to What It Is and Why You Should Care

Chapter 1: The current state of digital content creation.

Top 5 Collections to Watch Out for This Week 🚀

How To Invest In MatrixETF