UPD: 2018 Q4 marketing version here: https://hackernoon.com/what-should-your-ico-marketing-plan-look-like-in-q4-2018-9dd41908f358 UPD: 2018 Q4 marketing version here https://hackernoon.com/what-should-your-ico-marketing-plan-look-like-in-q4-2018-9dd41908f358 The ICO era is currently in it’s rising phase, and each day the media talks about the latest news revolving around cryptocurrency. We are waiting for the top ICO from the company Telegram to become the biggest ICO in crypto history, as it will raise over $5 billion dollars. Thanks to agency.howtotoken.com for support in creating this topic (First platform with proven ICO contractors) Thanks to agency.howtotoken.com for support in creating this topic (First platform with proven ICO contractors) agency.howtotoken.com At the end of 2017,the average number of ICO campaigns closed to three per day. There are a lot of unsuccessful ICOs out there that have failed to reach their soft cap (proven by confessions from some of the teams), so it is not as easy to make one now as it was back in 2017. So we could finally forget about “Garage ICOs” and become more serious about this form of fundraising. In terms of ICO marketing, the total budget for success is rising and so is the initial cost of investments. You must create a prototype and gain the approval from the communities and advisors if you want to succeed. The average cost for outsourcing ICO marketing to one of top agencies starts from around $280,000, not including the legal fees that run for about $20,000 In this article we will discuss the costs of starting an ICO this year. We will also include comments from agency experts and ad network owners. 1. ICO Listings 1. ICO Listings Variant 1 — outsource to agency Variant 1 — outsource to agency The cost: $25,000 The cost: $25,000 What to expect: What to expect: At least 10 popular ICO listings Paid options included At least 10 popular ICO listings Paid options included Variant 2 — by yourself Variant 2 — by yourself The cost: ~$15,000 (you should include manager’s salary so he or she can send the information) The cost: ~$15,000 Top listings cost: http://www.coinschedule.com/ — 0.02 BTC https://www.ico-list.com/ — 0.3 BTC https://tokenmarket.net/ — Free, manually screened, up to 2 weeks Icoalert.com — Free https://cointelegraph.com/ico-calendar — start from $10000 http://www.coinschedule.com/ — 0.02 BTC http://www.coinschedule.com/ http://www.coinschedule.com/ https://www.ico-list.com/ — 0.3 BTC https://www.ico-list.com/ https://www.ico-list.com/ https://tokenmarket.net/ — Free, manually screened, up to 2 weeks https://tokenmarket.net/ https://tokenmarket.net/ Icoalert.com — Free Icoalert.com Icoalert.com https://cointelegraph.com/ico-calendar — start from $10000 https://cointelegraph.com/ico-calendar https://cointelegraph.com/ico-calendar ICO Rating Agencies There are special types of companies that could audit and rate your ICO for investors. You will receive a special report of investment attractiveness of your ICO and could be listed. https://digrate.com/ — 1 BTC for report https://icorating.com/ — $20,000 for report https://icobench.com/ — Starts from 0.4 BTC https://digrate.com/ — 1 BTC for report https://digrate.com/ https://digrate.com/ https://icorating.com/ — $20,000 for report https://icorating.com/ https://icorating.com/ https://icobench.com/ — Starts from 0.4 BTC https://icobench.com/ https://icobench.com/ Optimum Strategy Optimum Strategy The best strategy will be to place your ICO on Coinschedule, get ratings from ICORating, Digrate, or any other rating service (it will help you to summarize leaks in your ICO), and start pushing FREE listings in order to place your ICO. Don’t forget that ICO ratings appear everyday as well as die everyday too. They start their ratings from parsing the top lists, so you could gain additional traffic that way as well. Brian Kean, Chief Business Development Officer ICORating.com: Brian Kean ICORating.com More importantly, the project should be well “packed.” All the materials (white paper, one-pager, web-site, etc.) should be composed in the language of the investors so that it will make the project more attractive to them. It is important to note that in 2018, investors into ICO will become more professional and there will be more players from the traditional financial market amongst them. More importantly, the project should be well “packed.” All the materials (white paper, one-pager, web-site, etc.) should be composed in the language of the investors so that it will make the project more attractive to them. It is important to note that in 2018, investors into ICO will become more professional and there will be more players from the traditional financial market amongst them. Secondly, it is extremely important to build personalized relations with the investors: to contact them directly, to pitch them at a crypto event, to organize personal meeting with them. It is important to note that the information about the projects rated by ICORating is mailed to the list of funds,thus significantly raising their chances to be noticed. Generally, well developed relations with investors, and the agreements with them, ensures that at least the soft cap is collected during the ICO. Secondly, it is extremely important to build personalized relations with the investors: to contact them directly, to pitch them at a crypto event, to organize personal meeting with them. It is important to note that the information about the projects rated by ICORating is mailed to the list of funds,thus significantly raising their chances to be noticed. Generally, well developed relations with investors, and the agreements with them, ensures that at least the soft cap is collected during the ICO. Yaroslav Lunev, Strategy Head @ Merklion Agency: t.me/yardy Yaroslav Lunev t.me/yardy Personally, I like ICObench and ICOdrops. These guys knows what they’re doing, and this is why more and more people trust them, a fact reflected in the traffic numbers. I remember them first starting out, having a good dialog with the audience right from the start. Personally, I like ICObench and ICOdrops. These guys knows what they’re doing, and this is why more and more people trust them, a fact reflected in the traffic numbers. I remember them first starting out, having a good dialog with the audience right from the start. 2. Paid Advertising 2. Paid Advertising Variant 1 — outsource to agency Variant 1 — outsource to agency The cost: from $150,000 (budget + work) The cost: from $150,000 What to expect: What to expect: Facebook, Google, Twitter ad campaigns Specialized crypto ads buying Facebook, Google, Twitter ad campaigns Specialized crypto ads buying Variant 2 — by yourself Variant 2 — by yourself The cost: ~$3,000 per month for ad managements + budget The cost: ~$3,000 Platforms to work with: Platforms to work with: Facebook, Google, Twitter ad campaigns Facebook, Google, Twitter ad campaigns Specialized crypto ads buying: Specialized crypto ads buying: https://cointraffic.io/ — Minimum budget: $10,000 https://coinad.com/ — Minimum budget: 0.01 BTC https://a-ads.com/ — Minimum budget: Any https://cointraffic.io/ — Minimum budget: $10,000 https://cointraffic.io/ https://cointraffic.io/ https://coinad.com/ — Minimum budget: 0.01 BTC https://coinad.com/ https://coinad.com/ https://a-ads.com/ — Minimum budget: Any https://a-ads.com/ https://a-ads.com/ You can find more networks here: https://themerkle.com/top-7-bitcoin-advertising-networks/ https://bitcointalk.org/index.php?topic=1108616.0 — Bitcointalk updates thread with ad networks and scam alerts. https://themerkle.com/top-7-bitcoin-advertising-networks/ https://themerkle.com/top-7-bitcoin-advertising-networks/ https://bitcointalk.org/index.php?topic=1108616.0 — Bitcointalk updates thread with ad networks and scam alerts. https://bitcointalk.org/index.php?topic=1108616.0 Optimum Strategy Start with the channels that you have ad managers for. You can gain traction with traditional ad networks like Facebook and Google. Eventually you’ll be able to move onto specialized crypto networks a few days before your ICO and on the first days of sale. Yaroslav Lunev, Strategy Head @ Merklion Agency: t.me/yardy Yaroslav Lunev t.me/yardy It is easier to find a Bitcoin on the street than a professional ad manager. Be sure that this person knows his or her craft. My advice is to go to an agency and work with them. And if you’re able to sell your idea to them, you may pay them with tokens, at least partially. But I’d hire an ad manager as well so that he or she could continue agency jobs in the post-token sale period. It is easier to find a Bitcoin on the street than a professional ad manager. Be sure that this person knows his or her craft. My advice is to go to an agency and work with them. And if you’re able to sell your idea to them, you may pay them with tokens, at least partially. But I’d hire an ad manager as well so that he or she could continue agency jobs in the post-token sale period. 3. Events 3. Events This should be the main focus of your activity since this is where you can find and communicate with investors face to face to get your first capital. You should remember that crowd capital will come if you manage to raise the initial capital from the big league investors. You can find the list of upcoming events in 2018 here: You can find the list of upcoming events in 2018 here https://www.coindesk.com/bitcoin-events/ https://www.coinschedule.com/#events https://www.coindesk.com/bitcoin-events/ https://www.coindesk.com/bitcoin-events/ https://www.coinschedule.com/#events https://www.coinschedule.com/#events Pay attention to these upcoming events as well: Pay attention to these upcoming events as well: https://www.blockchainweek.com/ https://www.bitcoinsuperconference.com/ https://dubai.keynote.ae/# https://btcmiami.com/ http://arabcomgroup.com/DubaiCryptoexpo.com/ http://www.icosummitkazan.com/index.php https://blockchain-expo.com/europe/ https://blockchain-expo.com/northamerica/ https://www.blockchainweek.com/ https://www.blockchainweek.com/ https://www.bitcoinsuperconference.com/ https://www.bitcoinsuperconference.com/ https://dubai.keynote.ae/# https://dubai.keynote.ae/# https://btcmiami.com/ https://btcmiami.com/ http://arabcomgroup.com/DubaiCryptoexpo.com/ http://arabcomgroup.com/DubaiCryptoexpo.com/ http://www.icosummitkazan.com/index.php http://www.icosummitkazan.com/index.php https://blockchain-expo.com/europe/ https://blockchain-expo.com/europe/ https://blockchain-expo.com/northamerica/ https://blockchain-expo.com/northamerica/ Variant 1 — outsource to agency Variant 1 — outsource to agency The cost: from $20,000 (tickets included) The cost: from $20,000 What to expect: What to expect: Investor relations management. Investor relations management. Variant 2 — by yourself Variant 2 — by yourself The cost: from $10,000 (tickets to events in case of early buying) The cost: from $10,000 What to prepare for: What to prepare for: You should be familiar with networking. Have a clear plan about your product and business that you raise your money for. You should be familiar with networking. Have a clear plan about your product and business that you raise your money for. Optimum Strategy Start with online communication early on, before meeting them. Try to build up your online relationships and send them the important information. Then work on your presentation before an event and try to make appointments before you go to it. Don’t forget to follow up. Fundraising is a continuous process that takes time. 4. PR and Media Outreach 4. PR and Media Outreach After you have all of your product descriptions and your site ready, you can start your public relations outreach. Below, we will discuss online activities. Variant 1 — outsource to agency Variant 1 — outsource to agency The cost: from $50,000 The cost: from $50,000 What to expect: What to expect: Up to two unique press releases distributed to major sites. Up to 5 articles published in the most popular blockchain media outlets. Up to two unique press releases distributed to major sites. Up to 5 articles published in the most popular blockchain media outlets. Variant 2 — by yourself Variant 2 — by yourself The cost: Unpredictables (from $10,000 for publication in top-tier websites) The cost: What to prepare for: What to prepare for: If you don’t have relationships with top-tier websites, it will be really hard to get the discount. You must be ready to generate quality content and distribute it. Try to work with companies like http://bitcoinprbuzz.com/. They have packages for distributing press releases at attractive prices. If you don’t have relationships with top-tier websites, it will be really hard to get the discount. You must be ready to generate quality content and distribute it. Try to work with companies like http://bitcoinprbuzz.com/. They have packages for distributing press releases at attractive prices. http://bitcoinprbuzz.com/ Optimum Strategy Make sure that your main account has your high-quality content (a good example of an ICO where content marketing was on the main channel is Jincor). Outlets will be happy to publish good, analytical research content for free. Establish a budget of about $10,000 — $20,000 for top-tier publications and press release distribution. But if you have good content, you could go viral very fast. Yaroslav Lunev, Strategy Head @ Merklion Agency: t.me/yardy Yaroslav Lunev t.me/yardy If you have good budget, a wise strategy would look something like this: 1) market research 2) list the countries where you will start promoting your project 3) find a local PR agency in every country (big agencies work with the whole regions of several countries) 4) your in-house PR manager will coordinate all of the activities. If you cannot do it this way, then try to create a Content Generation System by yourself, be warned, however, that this is not easy. If you have good budget, a wise strategy would look something like this: 1) market research 2) list the countries where you will start promoting your project 3) find a local PR agency in every country (big agencies work with the whole regions of several countries) 4) your in-house PR manager will coordinate all of the activities. If you cannot do it this way, then try to create a Content Generation System by yourself, be warned, however, that this is not easy. 5. Specialized Forums and SMM 5. Specialized Forums and SMM Variant 1 — outsource to agency Variant 1 — outsource to agency The cost: from $30,000 The cost: from $30,000 What to expect: What to expect: SMM Work on forums such as Reddit and Bitcointalk Bounty campaign SMM Work on forums such as Reddit and Bitcointalk Bounty campaign Variant 2 — by yourself Variant 2 — by yourself The cost: ~$5,000 The cost: ~$5,000 What to prepare for: What to prepare for: You can hire good managers on Upwork. Try to find proven managers on Bitcointalk for both your bounty and signature campaign. You can hire good managers on Upwork. Try to find proven managers on Bitcointalk for both your bounty and signature campaign. The list of communities to keep in mind: The list of communities to keep in mind: Bitcointalk.com Thematic subreddits: /r/ethtrader/(~ 84,000 subscribers), /r/icocrypto (~ 9,500 subscribers), /r/bancor/(~ 2,600 readers), etc. Quora discussions: there are a lot of discussions here about different ICOs, specific cryptocurrencies, and blockchains, in which you can actively participate in. LinkedIn professional groups: there are several groups for any taste, each with thousands of players. Here are just a few: one, two, three, four, five. Facebook groups: issues of ICO, cryptocurrencies, and blockchains are also discussed on Facebook (for example: ICO, Funding, Angels, Seeds, Investors, Startups). Bitcointalk.com Bitcointalk.com Bitcointalk.com Thematic subreddits: /r/ethtrader/(~ 84,000 subscribers), /r/icocrypto (~ 9,500 subscribers), /r/bancor/(~ 2,600 readers), etc. Thematic subreddits /r/ethtrader/ /r/icocrypto /r/bancor/ Quora discussions: there are a lot of discussions here about different ICOs, specific cryptocurrencies, and blockchains, in which you can actively participate in. Quora discussions different ICOs cryptocurrencies blockchains LinkedIn professional groups: there are several groups for any taste, each with thousands of players. Here are just a few: one, two, three, four, five. LinkedIn professional groups one two three four five Facebook groups: issues of ICO, cryptocurrencies, and blockchains are also discussed on Facebook (for example: ICO, Funding, Angels, Seeds, Investors, Startups). Facebook groups ICO, Funding, Angels, Seeds, Investors, Startups Optimum Strategy The main budget should go towards a good signature and bounty campaign. It is difficult to get good results from it and to manage the process, but there is a chance for success. 6. Native Ads — Tell The World About Your Product 6. Native Ads — Tell The World About Your Product You should really consider this strategy if you have a low budget or a great product you want to tell world about. Agencies include this part in public relations, so here we will describe the variants on how you could make it on your own. Step 1 Step 1 Create your content plan regarding your product and market. You should research the sites that you want to be published on, and try to research their top articles and editorial policy. Step 2 Step 2 Create a detailed plan for each of your articles for the writer (you could be a writer by yourself). With this plan, try to ask questions that should be answered during the article and give links to sources where the writer could find the information. Step 3 Step 3 Hire a great blockchain writer and proofreader on Upwork (the prices can start from $500 for 1,000 words from a good writer. Don’t hire cheap foreign writers, you will just end up wasting your time as well as your money). Step 4 Step 4 Reach out to websites to publish your content. It can take time (for example, it could take up to a month after approval to get published in Entrepreneur.com). In most cases you don’t need specialized websites (but it helps because crypto investors read them all), you could simply publish on your niche websites. It will, however, be hard to explain to newbies how to invest in cryptocurrency. Hack 1: The main advantage of native articles is that they gain organic traffic from Google, thus you can start to see more traffic arrive to your ICO. Keep in mind that it’s better to start early, before your ICO. Hack 1: Hack 1: The main advantage of native articles is that they gain organic traffic from Google, thus you can start to see more traffic arrive to your ICO. Keep in mind that it’s better to start early, before your ICO. Hack 2: Try to realize the content strategy of the website that you want to publish on. If it’s a news or daily analytics website then your content will get shot down very quickly. Hack 2: Try to realize the content strategy of the website that you want to publish on. If it’s a news or daily analytics website then your content will get shot down very quickly. Specialized companies to outsource to: Specialized companies to outsource to: Cointelegraph.com (this is the top crypto website. They make native ads, but the price is very high and starts from $10,000). Howtotoken.com (A crypto guides website. Project has a team of authors trained to create great product manuals that explain your product to crypto investors. The cost of writing and distributing to their audience costs up to $1,500. Contact team@howtotoken.com for more information). Hacker Noon’s Weekly Sponsorship Package :-) Cointelegraph.com (this is the top crypto website. They make native ads, but the price is very high and starts from $10,000). Cointelegraph.com Cointelegraph.com Howtotoken.com (A crypto guides website. Project has a team of authors trained to create great product manuals that explain your product to crypto investors. The cost of writing and distributing to their audience costs up to $1,500. Contact team@howtotoken.com for more information). Howtotoken.com Howtotoken.com team@howtotoken.com Hacker Noon’s Weekly Sponsorship Package :-) Hacker Noon’s Weekly Sponsorship Package Hacker Noon’s Weekly Sponsorship Package About the author: Kirill Shilov — Founder of Geekforge.io and Howtotoken.com. Interviewing the top 10,000 worldwide experts who reveal the biggest issues on the way to technological singularity. Join my #10kqachallenge: GeekForge Formula. Kirill Shilov #10kqachallenge: GeekForge Formula
