WOM Protocol
@wom_protocol
The protocol for #wordofmouth #UGC - Find, track & reward real brand fans π₯ | @bullzapp | WOM Authenticator
ID: 1085167609652359170
https://womprotocol.io/ 15-01-2019 13:31:34
828 Tweet
5,5K Followers
376 Following
π The most effective form of marketing for startups is just having a product people willingly share and recommend. - Andrew Gazdecki What if you could track and reward this? With WOM Protocol we've got a way to turn happy users into effective marketersπ -Genuine Endorsements:
The truth about social media: Are you getting your fair share? Web2 platforms profit from UGC without compensating creators π womprotocol.io/news/shifting-β¦ Key Issues with Web2: -One-sided dynamics: Platforms benefit, while users get little in return. -Data & content exploitation:
Word of mouth beats traditional advertising.πSome key statsπ πΉ 92% of people trust recommendations from friends and family over any form of advertising (Nielsen)ββ. πΉ 70% of consumers trust online reviews, influencing their purchase decisions (Nielsen)ββ. πΉ Word of mouth
Word of mouth marketing is unbeatable! πWOM Protocol helps track & reward authentic user recommendations... π₯ Must-watch: Reddit's 4-min video featuring leaders from Dentsu, IPG Mediabrands, GroupM & Choreograph, showcasing word-of-mouth impact: thedrum.com/news/2024/06/1β¦ Thanks
Quick Start, Short Window: Launching tokens early can drive initial interest but creates a narrow window to establish organic traction/PMF. Interesting insights shared by Mason Nystrom on the π₯hot start problem π Key Takeaways: -Timing Matters -Tokens can help second movers in
Great insights shared at H.E.R. DAO | π BUILDERHAUS @ KBW + H.E.R. CON SG EthCC - Ethereum Community Conference on the Protocols vs Chains Ecosystems. How do you find ways to collaborate? π Chains: -targeting builders/developers Protocols: -chain agnostic, it doesnβt matter where builders come from End Game: -Help others, others help back!π€
Think influencers with massive followings have all the power? Think again. The real magic πͺ happens with creators who may not have huge reach but are authentic! π Hereβs the secret: With WOM Protocol, weβre focusing on authentic voices from everyday creators. π‘ How It Works:
HELIKA Footprint Analytics Kaito AI π Cookie3 πͺ Oamo Snickerdoodle πͺ Bello π Airstack Thirdwave π π π Multibase 4οΈβ£ Web3 referral platforms are facing consolidation: Once the fastest-growing category, struggles with crypto's user base, scalability, & low rewards have slowed momentum Success will hinge on targeting high-quality users with substantial incentives, not broad-based efforts
Such an amazing overview, thanks to Safary π¦ for the insights! π₯ We highly recommend the read π Recent Funding: -$277M raised by 23 startups in the past year, with 80% going to Attribution/Analytics, Loyalty & Social startups. Emerging Trends: -Quest platforms evolving to