What does a “KOL round” mean for a new token?
Promotional content written by KOLs who have received an allocation from a project is, in essence, advertising with a financial interest behind it.
Some countries and regions require influencers to disclose paid promotional relationships, but many crypto promotions aren’t clearly disclosed.
When managing your funds, the key thing to keep in mind is this: if you see lots of major influencers promoting the same new token, check the project’s fundraising and token unlock information before deciding whether to pay attention to it.
$BNB 739 (-0.46%)
Promotional content written by KOLs who have received an allocation from a project is, in essence, advertising with a financial interest behind it.
Some countries and regions require influencers to disclose paid promotional relationships, but many crypto promotions aren’t clearly disclosed.
When managing your funds, the key thing to keep in mind is this: if you see lots of major influencers promoting the same new token, check the project’s fundraising and token unlock information before deciding whether to pay attention to it.
$BNB 739 (-0.46%)