Friends. When we set off to build THE credibility score for crypto KOLs based on their live on-chain (and social) activity, we had no idea what an amazing journey it would become. Today our team is grinding, crushing it and delivering real results.
Here’s what we accomplished in just one week:
Our devs have worked on a new signup method using just your X account.
This will tremendously speed up and simplify the overall onboarding process. We are currently improving the features that allow Web3 wallet connection to our ecosystem, as well as the KOL scoring logic. Very exciting!
This week we celebrate the onboarding of 2 new KOLs who found us organically. The more we grow and ramp up our marketing efforts, the easier it will become to onboard more KOLs in the near future. Seeing organic traffic and partnerships this week has been a massive win for our team.
We added more community members on our X, Telegram, Discord and Reddit. This growth has been fully organic.
We have updated and expanded our marketing strategy to include:
⁃ More focus on educating and onboarding Web2 users, as well as businesses
⁃ We are branching out to Instagram and TikTok to maximise our reach
⁃ We will schedule more live, rapid-fire project updates - join us on X and Telegram and participate!
⁃ Last week we connected with more than 60 projects - overall support for what we’re building is very high
Our rebranding is scheduled for this month and we will be updating you every step of the way. We hope you are as excited as we are. KRED is putting on a suit and tie, entering the era of maximum efficiency and taking you along for the ride.
📈 Crypto market insights by Lorenzo
The “big pump” (largely caused by liquidation of shorts) has “activated” CT and other social media channels. At this moment it’s still unclear if the bullish trend will hold in September.
While the Robinhood chain has been growing, the inflow of new retail users is minimal - the growth is largely due to the rotation out of networks like Solana and Base.
We are watching for the bearish divergence between TradFi and Crypto - the sellers in crypto have to be exhausted in order for the pump to continue and gather strength. Overall sentiment seems more bullish than just a few weeks ago, while the inflow of retail is still marginally small.
Have a great start to the week tomorrow.
Your KREDible Team🦅