Advertising on coinmarketcap is expensive. Its one of the best place to advertise but its expensive. I wont advise that Dreamr go on to spend that amount just for advertising. I think they should pay more attention on the app development. If you read through the whitepaper, Dreamr doesnt seem to be an app that would have much of its users interested in blockchain technology or how blockchain tech could help their dreams. Its just going to be a social media platform to them.
I agree with you that coinmarketcap advertisement is expensive. However thats worth spending instead of making other boring and vague things. See the success rate if projects advertised in CMC.
I would like to see the metrics of those projects advertising on coinmarketcap, really i would. I will like to know if it is as a result of the ad they placed on cmc.
The ads they place on the coin market has a considerably huge impact on publicity of the project owing to the fact that most persons visiting the website are cryptocurrency enthusiast and potential investors in any project. They can easily convert to sales, compared to other platforms.
That's nice to hear. I guess those teams have the budget or a strong backup of initial investment that enables them to place ads on cmc. By the way dreamr can be seen as a non crypto project, so they shouldn't limit their marketing to crypto related platforms.
You actually made a thoughtful point saying that dreamr is a non crypto project, but looking at the project from the perspective of a cryptocurrency enthusiast, I'll disagree with you. Dreamr project raised funds in IDCM exchange which is obviously a cryptocurrency exchange, the project restricted citizens from USA from purchasing her tokens and used the ethereum smart contract for her tokens.