Post
Topic
Board Altcoin Discussion
Re: Importance of social media channels
by
blockman
on 01/05/2023, 21:31:26 UTC
And with social media, many are also being victims of fake airdrops, marketing, and projects. There are scammers that do buy pages that have a lot of followers for them to easily make people think that they're a legitimate project because have followed them.
But little did people know, not all of them are for real as many of them have just bought those pages for them to easily gain traction from their potential investors and they can show that they've got already made a brand themselves. And from there, they can also phish those people that have no idea if they are real or not.

We can't remove that fact as it's a reality that happened when a scammer are fully equipt to attract their targets, they can buy a social media account that have good numbers of followers to make it look real, and they can hire other people to boost the page and create attracting post /shares to make sure that people will follow and support them.

Without deeper knowledge, they slowly gain attention and investors will start bringing money, not knowing that it's a scam project that will
run their money away.
That's why those victims are really not aware of these strategies that scammers do. Even if it's looking like the official page but then without further checking, that's where they fall in. They only rely on the number of followers but then that's not enough for them as it's a matter of thorough check and many don't do it. They just check the numbers and that's what they think is a way to verify the authenticity of those pages.
Sad to see that many don't DYOR utterly. And with vast spam comments of saying good reviews, you can see the obvious there.