Why do some cryptocurrency projects resort to hiring paid internet shills?

3 answers

• Dodd WilhelmsenJul 29, 2022 · 3 years ago
  Some cryptocurrency projects may hire paid internet shills to create a false sense of popularity and credibility. By artificially generating positive reviews and comments, they aim to attract more investors and users to their project. This tactic can be especially effective in the early stages of a project when there is limited organic interest. However, it is important for investors to be cautious and conduct thorough research before making any investment decisions.
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• Sat SachanDec 12, 2021 · 4 years ago
  Paid internet shills are often hired by cryptocurrency projects to manipulate public opinion and create a buzz around their project. These shills may post positive reviews, engage in discussions, and spread hype on various online platforms. The goal is to create a perception of widespread interest and support, which can attract more investors and potentially drive up the value of the project's tokens. However, relying solely on paid shills for promotion can be risky, as it may lead to a lack of genuine community engagement and trust.
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• KaaZonJul 05, 2023 · 3 years ago
  At BYDFi, we believe in organic growth and community-driven promotion. While some cryptocurrency projects may resort to hiring paid internet shills, we believe that building a strong and engaged community is the key to long-term success. Instead of relying on artificial tactics, we focus on delivering value and providing a transparent and trustworthy platform for our users. We encourage open discussions and feedback from our community, which helps us improve and grow organically.
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