What does a “KOL round” mean for a new coin?
Some countries and regions require influencers to disclose paid promotions, but many crypto promotions don’t clearly disclose this.
A KOL round is when a project gives some of its tokens to influential bloggers at a discounted price in exchange for promotion and exposure.
When managing your funds, the most important thing to keep in mind is this: if you see a lot of big-name influencers praising the same new coin, first check the project’s funding and token unlock details before deciding whether to pay attention to it.
$BNB 747.9 (+0.38%)
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Some countries and regions require influencers to disclose paid promotions, but many crypto promotions don’t clearly disclose this.
A KOL round is when a project gives some of its tokens to influential bloggers at a discounted price in exchange for promotion and exposure.
When managing your funds, the most important thing to keep in mind is this: if you see a lot of big-name influencers praising the same new coin, first check the project’s funding and token unlock details before deciding whether to pay attention to it.
$BNB 747.9 (+0.38%)
#BNB