The crypto industry is in continuous development, with hundreds of innovative projects being released every month, each aiming to push cryptocurrency adoption further, forever changing the face of the business world.
However, with such fierce competition, many projects simply aren’t able to gain the visibility they need to become successful. Traditional marketing strategies aren’t as effective in the crypto sphere, with crypto enthusiasts having to do thorough research before investing in a project.
But new tactics are emerging, which give projects the tools they need to prove themselves trustworthy. And one of those tactics is influencer marketing. Research shows that interest in influencer marketing has grown 90 times since 2013, with more and more businesses working with influencers to boost their project’s credibility.
So naturally, projects emerged to improve this strategy and facilitate its usability on a broader scale.
Coinfluence aims to empower crypto projects from all over the world by connecting them with high-profile influencers, investors, and mentors. The coinfluencers will help the project create awareness and reach new customers on the market, boosting its chances to achieve success.
However, to provide an excellent collaborative environment for both influencers and projects, Confluence has an extensive evaluation process. Projects looking to access their network of influencers will undergo an in-depth analysis, where Coinfluence’s blockchain professionals will look at their strengths, weaknesses, and everything in-between.
This provides more security for the crypto market in the long run, protecting it from scams and creating a safer environment for investors and influencers.
The whole Coinfluence ecosystem is designed around the CFLU token, which was developed to benefit both projects and influencers. Projects get to hold their token sales through the platform, while the community can purchase their tokens using CFLU.
In addition, CFLU serves as a generator of passive income for its holders, with every transaction being taxed 10%, with the tax being distributed as follows:
- 4% goes to liquidity;
- 4% is shared to holders based on their stake;
- 2% goes to marketing and project development.
CFLU Token Sale
The CFLU token is based on BEP-20, and in order to boost the project’s success and development, Confluence is currently holding a token sale.
The team behind the project issued a total of 1 billion CFLU, out of which 650 million are available to the community through the ICO. The rest are distributed as follows:
- 100 million CFLU will go towards team members and will serve as an investment into the team’s growth;
- 100 million tokens will go to the platform’s marketing campaigns and the company’s growth;
- 150 million tokens will be allocated to seed investors and supporters.
The price of the token will increase gradually with each of the 100 phases, with the price in the final phase being expected to be 25x than the current one.
Even though the project was released in early 2021, Confluence already reached several important milestones in the first half of the year.
Besides launching its ICO and the marketing campaign of the platform, Confluence also launched its own podcast and already started collecting customer feedback which will serve as vital information to the platform’s development.
In terms of future plans, the Coinfluence Launch Pad is close to starting development and is set to be released by the end of the year. At the same time, the team aims to list the project on major exchanges and websites such as Pancake Swap, Blockfolio, CoinMarketCap, and CoinGecko. This will make the CFLU token widely accessible to crypto traders and investors while increasing its liquidity.
By the end of the year, Coinfluence also plans to release a mobile app to facilitate easy access to the platform for both influencers and projects.
One of the project’s main goals is to gather a community of 100,000 top influencers by Q1 2022.
To get your CFLU tokens, head over to Coinfluence’s ICO platform.
To stay up to date with the project’s development and evolution, join their official Telegram channel.