Can a referral program enlighten newbies

[Cryptsafe]

To be honest, the majority of the projects created a referral program just to grow the community since they feel it is beneficial to raise exposure about their projects. However, I do not believe their primary goal is to give them with knowledge since I feel that investors are the ones who truly make projects successful. The community plays an important role in attracting investors. That is why some projects are not legitimate since they rely mainly on referral programs to get investors.

Referal programmes are just thee to help strengthen and build up a project. I believe one ways which a project can appreciate their loyal customer or participants is it set up a referral programme door them because that aids the project grow and get the exposure they deserve and at the same time rewarding their members for their work done in also playing their roles in pushing the project forward in terms of publicity and recognition.

If you talk about projects not being legitimate, I will agree with you but we all know that referrals are someworth making good progress for projects in the Crypto space because in other for your project to Gian attention, you must create awareness and that awareness would not be done by you alone and come to talk of it,  the ordinary members are the workforce behind massive awareness on projects that is why you see that projects set up referal rewards for that singular act and to be frank with you, I believe that this is the major secret behind the new telegram projects and telegram is now gaining traction for both newbies and the old.

I sometimes feel like it's a domino effect. Yes, a real company would stand tall in a down market, but I believe the situation has changed now. Some projects did not rely on the referral program to promote community because they believed it would not help them attract investors. So, based on what I've witnessed, there are no improvements on them. In my opinion, they are correct, but I believe investors are also clever now; they want to invest in promoted projects since they can gain more. As with Notcoin and many other projects with referral programs, they typically attract a large number of investors.

In Crypto space, investors likely look at projects with large community followership. This means to them that such project is well  publicised to the awareness of the masses and this means business for them because they feel the higher the publicity, theore exposure such business gets which puts them in the right track.
I believe it was for this reason projects began referral campaigns and lots more so that they would get a larger community and followership to them as that is one of the convincing point to get investors in putting funds in their projects and while this is going on,  participants in their referal campaigns get rewarded per click on the referral link to get registered with such project.

I just wondering if the community really the reason behind the success of a project. Because even those meme coins with hige community can gather investors. We know that most of meme coins have no plans in the future or no roadmap. But what we see in the crypto space, investors are attracted to those projects with huge community members no matter how real the project is. Only the community members will suffer because they only get a small rewards if project succeed, while on the other side investors become richer.

Some how the community has a great and positive effect on projects because they are the ones that's attract investors as a result of their large presence and followership to a project. Investors looks at that aspect because they believe the higher the crowd the bigger the opportunity for them to do whatever they want to benefit them .
Have you not seen projects with large followership succeed irrespective of the fact that they are worthless, they succeed and some of them are currently doing much better than projects with good utility value.

[robelneo]

Congratulations to the many people who claimed Notcoin! Most of them were newbies to the crypto space, and that was a huge win. It really onboarded a lot of people to the crypto space, and I'm not surprised the project was a success. This got me thinking - these newbies who just got onboarded will need ways to get enlightened and learn more about the ecosystem. That's why I recommend a referral program. I just found out about it and suggested it to my junior brother, who just got onboarded. Since the referral entails joining a community, I feel like the program will help him gain more insight into web3 while inviting his friends to join in too. What do you think, guys? Do you have a better suggestion? Please mention it in the comments section below!

The referral program has its positive and negative downsides;
The positive side is your upline can guide and lead you and help you to become a leader yourself so you can become a referring person too because some referral programs have team rewards as well as the leaders in the higher-up are training their downline

The negative downside is your upline is doing this because it benefits them, they are making a profit out of your effort.

in the case of Notcoin, it's a good platform to onboard newbies so they will be introduced to Cryptocurrency but they have to move forward and not concentrate on affiliate marketing alone, they also have to learn how to properly trade and invest in Cryptocurrency and to know what is Cryptocurrency and its purpose.

[bayu7adi]

The referral program has its positive and negative downsides;
The positive side is your upline can guide and lead you and help you to become a leader yourself so you can become a referring person too because some referral programs have team rewards as well as the leaders in the higher-up are training their downline

I think that is still within reasonable limits, because everyone who teaches others is entitled to compensation so that they remain enthusiastic about teaching other people too. The referral system is still very popular today, in fact I still consider it effective for several business models, especially online businesses including the cryptocurrency space. Someone who is an expert in getting new users through their referral link certainly has a big influence and also has the skills that are really needed by several online companies today.

Newbie and referral programs are the easiest and low cost way to make a product even more famous. Even a newbie who has good skills will definitely be helped by the bonuses he gets from these referrals.

[Dr.Bitcoin_Strange]

Indeed it's a big win for a newbie to be boarded into the crypto world in such a way. It'll open their eyes to see how profitable the crypto market is, but again, it'll also make them have the wrong perspectives and view about crypto investment.

Beginning with a huge win would make a newbie believe that the market would always be this profitable and thereby ignoring the potential risks of losses, just because Notcoin gave them such huge profits would make them believe that the next project they join would certainly produce the same result which can be really dangerous for a newbie.

First they need to understand how the crypto market really works, the risks and dangers involved before deciding to go into another project, because most of those people have never heard anything about crypto and how it works, so it's important to educate them first and equip them with the required knowledge they'll need in order to proceed into working on other crypto projects.

[joniboini]

Congratulations to the many people who claimed Notcoin! Most of them were newbies to the crypto space, and that was a huge win. It really onboarded a lot of people to the crypto space, and I'm not surprised the project was a success. This got me thinking - these newbies who just got onboarded will need ways to get enlightened and learn more about the ecosystem. That's why I recommend a referral program.

Are there any stats on how many members join the airdrop and have never heard of crypto before? I find it hard to believe that some random newbies suddenly become interested in farming airdrops. I also believe the key is not necessarily the referral program, but any rewards to attract users' interest. Besides, you don't necessarily have to tell people to join A or B crypto farming programs to tell them about Bitcoin. I'm not a fan of referral programs simply because it can affect our reputation if the program turns out to be a scam. It doesn't matter how many disclaimers you put, promoting a scam through referral or any marketing stunt in general is risky IMO. Especially if your goal is just to educate people about crypto.

[Cryptsafe]

Congratulations to the many people who claimed Notcoin! Most of them were newbies to the crypto space, and that was a huge win. It really onboarded a lot of people to the crypto space, and I'm not surprised the project was a success. This got me thinking - these newbies who just got onboarded will need ways to get enlightened and learn more about the ecosystem. That's why I recommend a referral program.

Are there any stats on how many members join the airdrop and have never heard of crypto before? I find it hard to believe that some random newbies suddenly become interested in farming airdrops. I also believe the key is not necessarily the referral program, but any rewards to attract users' interest. Besides, you don't necessarily have to tell people to join A or B crypto farming programs to tell them about Bitcoin. I'm not a fan of referral programs simply because it can affect our reputation if the program turns out to be a scam. It doesn't matter how many disclaimers you put, promoting a scam through referral or any marketing stunt in general is risky IMO. Especially if your goal is just to educate people about crypto.

I have no doubt newbies were onboarded and from the conversation on their telegram community, one would know that there are lots of newbies that joined the Crypto space new through the notcoin project. I am also happy that they made it through and benefitted from it because if they didn't have had any benefit, the other telegram community projects such as hamster Kombat would not have recorded this huge turn up on their project. The statistics of their constant growth and achievements are always posted on their platforms.

What I would advise is that those on-boarding newbies should be able to explain to them how the space works and that they should not think or expect the market to be just as it is the way they benefited from notcoin airdrop just like that. Let them know and have the basic fundamentals and principles of Crypto so they could be equipped and prepared for the inevitable.

[bitterguy28]

How I wish you will add more details about this referral program and from that specific project, and you are calling newbies that succeed here? can you share some proofs that they are newbies?
or this is how you wanted to lure newbies here entering that referral programs?

[Mr. Magkaisa]

How I wish you will add more details about this referral program and from that specific project, and you are calling newbies that succeed here? can you share some proofs that they are newbies?
or this is how you wanted to lure newbies here entering that referral programs?

            -   Honestly speaking, I have never been attracted to doing the referral scheme to get a big profit there. Because I know that it is only an advantage for the worker if he has many followers on any social media platforms.

Because just the number of friends you have will not be enough. And even most of the friends we have don't sign up with the link you give them. It just looks easy to do because we see on YouTube or Facebook that someone else is doing it, but when it comes to the actual thing, it's really difficult.

[LUCKMCFLY]

If it is for referral programs, then I think that is something else We are people who will always analyze everything that is possible in order to exercise good ways of doing things with referrals, affiliates, anything that is for earning, I think it is welcome as long as these things are fulfilled. I do not see any other way that something transparent can be done. The idea is that it does not become later on a pyramid that when it falls it takes everything, that is what I would say could happen, of course that is what I think. Otherwise I think that anything that is for earning is Welcome.

[bayu7adi]

Because just the number of friends you have will not be enough. And even most of the friends we have don't sign up with the link you give them. It just looks easy to do because we see on YouTube or Facebook that someone else is doing it, but when it comes to the actual thing, it's really difficult.

This obviously depends on each person's powers of persuasion. Some people have a special appeal to the public, so they can easily get new users who register using their referral link. However, there are also many people who are still in the early stages of becoming someone who wants to strive in the referral program but they don't find the results very interesting. That's what causes him difficulty in getting new users.

A newbie will clearly find it difficult to earn additional income with a referral program, unless he is an influencer who has followers in a field he is good at. That might make it easier for him as a public figure to get new users in the referral program.

[Cryptsafe]

Because just the number of friends you have will not be enough. And even most of the friends we have don't sign up with the link you give them. It just looks easy to do because we see on YouTube or Facebook that someone else is doing it, but when it comes to the actual thing, it's really difficult.

This obviously depends on each person's powers of persuasion. Some people have a special appeal to the public, so they can easily get new users who register using their referral link. However, there are also many people who are still in the early stages of becoming someone who wants to strive in the referral program but they don't find the results very interesting. That's what causes him difficulty in getting new users.

A newbie will clearly find it difficult to earn additional income with a referral program, unless he is an influencer who has followers in a field he is good at. That might make it easier for him as a public figure to get new users in the referral program.

Truly most times, when one shares their referal link, the people they give it to, do not use it to register and in most cases, they just edit the link and use the website to do the registration without referral link. In this case, you as the referee does not have anything from that downliner.

Naturally, people have that appeal and convincing prowess to talk people into something they need them to do. I think that is a gift they got. It so somehow much demanding such task  but very much rewarding to say.

Talking about a newbie able to talk or influence people into something, it is not that easy neither would it be possible to do because they too must have result to hold unto before engaging in such exercise. This is the reasons why you see influencers being able to talk their millions of followership into patronising a product because they have been able to grow through stages and have recorded successes to show forth which a newbie can not.

[God Of Thunder]

Congratulations to the many people who claimed Notcoin! Most of them were newbies to the crypto space, and that was a huge win. It really onboarded a lot of people to the crypto space, and I'm not surprised the project was a success. This got me thinking - these newbies who just got onboarded will need ways to get enlightened and learn more about the ecosystem. That's why I recommend a referral program. I just found out about it and suggested it to my junior brother, who just got onboarded. Since the referral entails joining a community, I feel like the program will help him gain more insight into web3 while inviting his friends to join in too. What do you think, guys? Do you have a better suggestion? Please mention it in the comments section below!

Well, Telegram channel owners only make money through their referral programs. They do not do hard work. They join some airdrop campaigns post them on their telegram channels and enjoy the referral bonus. Working in airdrops could be frustrating as well because there are only 5% legit projects. If you join 100 airdrops, you may get payment from five to ten projects, and the rest of them will fade away.

Make sure you do not invite people to any projects that you see. Invite people only if you see the potential in a project. Do your own research before participating in it. I have wasted a lot of time participating in these airdrops and I barely got huge payments from those airdrops.