How we can all protect SmartBCH from failing

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Avatar for EjireKenny
2 years ago

SmartBCH DeFi chain with Bitcoin Cash as the sole fee token has been around for some times now and keeps growing everyday, trying everyday to conquer the like of Eth chain and BSC chain, even though its still at its infant stage, but i am cocksure we will get there.

I believe there is still more to be done in terms of publicity, marketing, advertisement, on social medias and of course individually, this is going to take our collective time and resources to get it done, no one can do it all alone, everyone in the SmartBCH community has a role to place and part to carry out to develop the chain more, in no time its going to be worth billions of dollars in total locked value.

Ways we can protect SmartBCH chain from falling or Failing.

Stop spreading FUD; This is one of the crucial thing we must do in the SmartBCH community, we have to stop spreading FUD (fear uncertainty and Doubt) about a token, either for a personal gain or other personal motives, so as to either buy more at a discount price or lay off smart investors from buying that particular token, the reason is when a new investors comes in and see such in a trade record, he or she may lose interest from there, of course no investors wants to lose that much from his/her investment, lets be wary of this and keep the community clean and healthy.

Embrace positivity; This is actually what we must do, embracing positivity on the chain and in various sep20 tokens telegram groups, yes it is very important. by embracing positivity, we kick out unserious investors who are just there to spread fear into other investors be it big or low budget investors. Embracing positivity means that we see all tokens as good, without thinking otherwise or try to sell panic to other people, instead we encourage them so they feel save with their funds and be able to spread the positivity about the token to other people in their climes.

More marketing and Publicity; This is the most crucial thing we need to do on the SmartBCH chain so that other people can come and join and know about the good thing SmartBCH has to offer, low transactions fees, fastest transaction fees, good and vibrant community and so on. This can be done collectively or individually, depending on what works for us, when we push it further with ground breaking marketing, publicizing it to the worked and our followers, they get to know about it too and of course make a research on it and invest to their best of knowledge.

Spread outside Bitcoin Cash community; We don't expect to grow by just posting about SmartBCH within the Bitcoin Cash community, we cant grow further that way, something huge needs to be done by posting long or short article about Bitcoin Cash and SmartBCH to other platform where other people can hear and see us, this is really important. We have lots of article writing platforms where can try post about SmartBCH, leaving viewers or readers wonder what this could be, then falls in love when they come in with their full self.

Trusting in the projects; One thing we can do to make this keeps going is to trust the projects that is being launch on SmartBCH, knowing the project owner is also included in this before investing kin the project. When we deem it fit to trust the project, we wont have to spread doubt and fear into people or new investors, unless there is a sign of scam or rug pull, then we can shift our goal and energy to another legit projects

Backing off scammers; this has to be our collective efforts in chasing away scammers and scam projects that is launching on SmartBCH, so it wont chase away big investors and new investors alike, which SmartBCH needed to grow to a billion dollars in total value locked. On this we need to check the project owner's profile, background and contribution to the Bitcoin Cash community, then we can assess him or her before we can proceed in investing on the project and even advising other people to invest, all of these is to be able to be on a safe side.

These are just part of what i thought could help keep the SmartBCH ecosystem clean and at least reduce the scam rate on the chain, so we can all grow together to a better chain than Ethereum and Binance who are among the big players in this space.

Thank you for reading through, keep yourself informed with more information that is to come.

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2 years ago

Comments

While agree with most points you laid out, the truth remains that we can not completely do away with FUD. And the uncertainty of these tools are prime cause that leads many to Fear uncertainty and doubt's.

$ 0.01
2 years ago

i quite agree with you, but we can always be careful, be educated so that we don't fall into same trap again and again

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2 years ago