For many, bearmarkets are tough periods of disillusionment & slowed growth. 🐻 But this could also be a chance for you to share support, knowledge & positivity. 💪 Here are five ways to maximize your community growth during this downtime 👇
Crypto is no stranger to bear markets; the last few years have seen significant drawdown in valuations in this relatively new industry. Experienced web3 builders expect and sometimes even welcome bear markets, as they have the ability to “trim the fat” of the ecosystem and return attention from hyped use cases to core fundamentals.
For many communities, however, bear markets are tough periods of disillusionment and slowed growth. It’s easy to give into this disillusion, but it’s also vital to recognize just how powerful a tokenized community can be in these periods in terms of support, knowledge-sharing and positivity. Here are five strategies to help communities thrive, especially during a bear market.Communities respond to consistency.
Your goals during a bear market won’t look exactly like your goals during a bull market. Bear market goals should focus on keeping your community engaged and informed, being a beacon for support and relationships. Remember that a strong community can weather the storm, while preparing for the next bull market.Collab.Land is a full-service automated member management system for tokenized communities. Community admins and creators set up conditions for membership and Collab.
The company is widely recognized as the creator of token gating and has been safely serving web3 communities for three years, with more than eight million wallet connections and is used by more than 50,000 active communities across Discord, Telegram, and token-gated websites.Anjali Young is the Co-Founder of Collab.Land, an automated member management system for tokenized communities. Over 50,000 projects use Collab.
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