Post
Topic
Board Altcoin Discussion
Re: A good way to open the door to the Chinese virtual currency market
by
siyuanfrf75593
on 12/12/2019, 06:53:01 UTC
There are many project teams who want to enter the Chinese market.
But because of the language and lack of understanding of Chinese habits, this is a difficult job.
In fact, it is very simple. First of all, you must understand that it is very difficult to actually access facebook.twitter.youtube.telegram and bitcointalk in China. Most Chinese users cannot directly access or use it. Therefore, the bounty program designed by many teams does not actually have many Chinese users who can see or be interested in participating.
Secondly, due to national policies, any form of ICO and IEO promotion is banned in China, and many Chinese market personnel are unwilling to accept the promotion of such activities.
Finally, there is the ERC20 token project. There are too many similar projects now, but no valuable APP or related applications have been generated. Everyone is very disgusted.

Therefore, I suggest that if the project team wants to better develop the Chinese market, it should find effective ways that are suitable for Chinese users to understand the value of the project itself and adopt an effective bounty model (localization) such as using Chinese sites for activities https: //bountypr.com Organizing some activities suitable for Chinese users may be more suitable for project promotion.
For the ERC20 project, I think that more publicity in practical applications may be more suitable. Can carry out some knowledge quiz, mini-game activities, application of secondary development and other content promotion.
It is also important to note that not all Internet sites in China can be accessed directly. It is recommended that the project team check whether the test site can be accessed directly in China, which is more conducive to the promotion of the project.

If you have any questions, please leave a message and ask, maybe I can help.

I am not sure what it would be worth to have Chinese faucets disguised as games when you actually want to target your ads to rich Chinese people, not the ones that are living on faucets.


I don't understand why you think it is worthless. Although Chinese policy does not support the activities of ICOs and IEOs, it does not hinder the promotion and promotion of any valuable blockchain projects in China.
A project can be developed not only by IEO and ICO, but by the competitiveness and technology of the project itself, as well as the trading volume, popularity and number of project tokens held in the trading market. Do you think that the number of Chinese participating traders is small? I don't think you think so.