Crypto developers and founders use a variety of well-thought-out marketing strategies to promote their Initial Coin Offerings (ICOs). However, listing them on CoinMarketCap, without any doubt, is the best way to catch your target audience’s attention early on. And in this blog, we will explain why it’s so important to get listed on CoinMarketCap.
Additionally, whether you are new or experienced in the crypto space, this blog will help you get familiar with the concept of new coin listing and gain insights into ICO development.
What is an ICO?
An Initial Coin Offering, more commonly termed ICO, is a crowdfunding technique used by blockchain companies. They do this to raise capital for an upcoming crypto project, app, or new token. It is widely considered the cryptocurrency or blockchain industry’s equivalent to Initial Public Offerings (IPOs).
Creators usually launch an ICO with a whitepaper that highlights different key factors. For example, it may lay out the future plans for the project or inform how many tokens they will mint. Usually, the tokens purchased through an ICO offer some utility, such as exclusive access to a service or a specific product.
This fund-raising method was widely prevalent during the 2017 bull run. According to research done by the Review of Financial Studies, ICOs raised a total of $1.6 billion in capital on a global scale between January 2016 and August 2018.
What is CoinMarketCap?
CoinMarketCap is the world’s most referred price-tracking website for crypto assets. It was first launched in May 2013 and quickly grew to be the most trusted database in the crypto space. Currently, the website gets over 12 million page views every day.
CoinMarketCap is also an authentic source for a variety of other information, like project updates, NFT stats, price estimation, etc. Moreover, it features an online crypto library with thousands of educational articles.
Why Should You Get Your ICO Listed on CoinMarketCap?
The cryptocurrency world is growing and expanding at a rapid rate. We see several new crypto projects and multiple ICO launches every other week. In an industry where so much is happening, it becomes a challenging task to stand out among your competitors.
Today, various crypto marketing and promotion techniques have become popular. Yet, very few are as effective as getting an ICO or a new coin listed on CoinMarketCap. The platform receives massive daily traffic from nearly 3 million unique visitors. Targeting them can result in a large number of potential investors for your ICO.
Not only does listing on CoinMarketCap give you access to a massive organic audience, but it also helps you establish a reliable brand identity in an industry where frauds are nothing new. According to different reports, 86% of the leading ICOs ended up below their launch price in 2018. And 53.3% of them failed to close their token sales.
In such circumstances, getting featured on CoinMarketCap’s The Upcoming ICO List will definitely help you win people’s trust.
How Can Digital Nod Help You with Listing on CoinMarketCap?
Therefore, there shouldn’t be any doubt that CoinMarketCap listing is a crucial component of a crypto marketing campaign. Now, considering you want to make the most out of this opportunity for your upcoming ICO, you may be wondering: “How to get listed on CoinMarketCap?”
Well, worry not, because Digital Nod is here to make things easy. We are an industry-leading crypto PR firm specializing in CoinMarketCap listing. By leveraging our connections and proven marketing techniques, we have helped hundreds of crypto startups find listing on CoinMarketCap. We are committed to providing our customers with the best crypto marketing solutions so they can fully focus on the development sector of their projects.
So, are you ready to take your new crypto project directly to millions of potential investors on CoinMarketCap?