Press Releases
July 16, 2024

When Web3 Projects Meet KOLs: Why Create the ML KOL Club?

When Web3 Projects Meet KOLs: Why Create the ML KOL Club?

As the Web3 and cryptocurrency industry continues to flourish, more and more project teams are seeking collaborations with Key Opinion Leaders (KOLs) to enhance brand awareness and market influence. However, finding the right KOL can be a daunting task for project teams. To address these challenges, the ML KOL Club was established to create a professional and reliable KOL collaboration platform for the Web3 industry.

Who We Are

Founded in 2024, the ML KOL Club is a service organization that brings together outstanding KOLs from around the world and boasts a large community. Our team members come from regions including Japan, Hong Kong, Singapore, and Vietnam, with extensive experience and broad KOL resources in cryptocurrency investment and research, community operations, brand and market promotion.

When Web3 Projects Meet KOLs: Why Create the ML KOL Club?

Through the ML KOL Club, we offer comprehensive marketing solutions, customized KOL plans, dedicated tracking services, as well as institutional primary investment, exchange promotion, data growth, and other services. Project teams can connect with KOLs covering different demographics and fields, significantly enhancing project exposure and influence.

Currently, our KOL resources include over 3,000 reliable KOLs globally, with more than 2,000 in Asia alone. Our partner KOLs have a combined fan base exceeding 50 million. The ML KOL Club has established high-quality promotion channels, such as our Twitter Space, with a peak online audience of over 5,000 and each promotion event reaching over 50,000 exposures. Our self-built WeChat community has more than 6,000 members, and our Telegram community has over 3,500 members.

The Problems We Identified

– Varied Project Quality, Risky KOL Collaborations: In the current cryptocurrency market, scam projects are rampant, making it difficult for KOLs to avoid endorsing bad projects, leading to investment losses and reputational risks. 

For example, some scam projects lure KOLs with high returns for promotion. Due to a lack of professional due diligence, these KOLs end up causing significant losses to their followers and investors.

– Differences in KOL Capabilities, Subpar Promotion Results: The abilities and influence of KOLs vary. Without thorough research, project teams cannot fully understand the real capabilities of KOLs, resulting in ineffective collaborations, wasted money and time, and potential leaks of key project information. 

For instance, a project team collaborated with a KOL without sufficient investigation, and due to the KOL’s lower-than-expected influence, the promotion was ineffective and critical business secrets were leaked, causing irreparable damage.

– Lack of Constraints, Unsecured Contract Execution: Due to a lack of trust foundation, disputes easily arise during contract execution. When a single KOL breaches a contract, it is difficult to make up for project losses, and project execution lacks comprehensive security, making it hard to achieve the expected results. 

For example, some KOLs fail to fulfill promotional obligations on time, causing project teams to miss key market opportunities, ultimately affecting the project’s overall progress and market performance. In some cases, poor communication leads to emotional conflicts, turning supporters into opponents.

How We Solve the Problems

To address the existing market issues, the ML KOL Club is committed to exploring solutions on the following levels:

– Strengthening Trust as a Third Party: As a third-party platform, we effectively enhance the trust between project teams and KOLs, ensuring smooth collaboration. For instance, a project team had disputes with a KOL not certified by the ML KOL Club due to a lack of trust. Since joining the ML KOL Club, with our third-party guarantee, the cooperation between the project team and KOLs has become smoother, reducing unnecessary friction and risks. Communication is key, and ML acts as a Communication Manager to resolve disputes and eliminate opposition.

– Enhancing KOL Evaluation Capability: We evaluate and analyze KOLs’ influence to help project teams choose the most suitable KOLs, avoiding resource waste and information leakage. For example, a cryptocurrency project previously chose an insufficiently influential KOL, resulting in poor promotion. After joining the ML KOL Club, we provided a detailed KOL evaluation report, helping the project team select a highly compatible KOL, significantly improving market promotion results.

– Ensuring Contract Execution: With our institutional backing and multiple collaborations, we ensure smooth contract execution and provide comprehensive tracking services to adjust plans timely for optimal results. For example, a project team faced KOL breach issues during collaboration, hindering market promotion. Through the intervention of the ML KOL Club, we not only resolved the contract dispute but also provided alternative solutions to ensure continued project promotion. Always having a Plan B is core to ML’ service.

Leveraging Technology and Big Data for Real Impact

The ML KOL Club uses cutting-edge technology and big data to provide comprehensive market promotion solutions for project teams:

a. AI-Powered Market Insights

We employ advanced AI technology to analyze market trends and community sentiment, offering deep market insights to project teams. AI algorithms identify key market dynamics, predict potential growth opportunities, collect market feedback, and adjust marketing strategies in real-time, ensuring project teams’ promotional activities stay ahead.

b.Blockchain Technology for Contract Security

We use blockchain technology to ensure transparent and secure contract execution. Through methods like co-managed smart contracts, we provide a decentralized, tamper-proof collaboration platform for project teams and KOLs, enhancing trust and ensuring strict adherence to contract terms.

c.Big Data-Driven KOL Matching

Using big data analysis, we have developed a precise KOL matching system that evaluates KOLs based on their fan base, interaction rate, and expertise, recommending the most suitable KOL partners for project teams. Data-driven matching helps project teams achieve more efficient and targeted market promotion.

Constantly Improving Our Service Capabilities

The ML KOL Club, supported by strong technology and big data, conducts in-depth analysis and precise matching of KOLs and projects. Through collaborations with over 200 well-known VCs and 100+ blockchain media, we continuously enhance our capabilities and competitive edge:

– Updating the KOL Database: We continually update our KOL database, marking outstanding KOLs and blacklisting those with poor records to ensure the quality and safety of collaborations.

– Project Selection: We strictly select partners, collaborating only with reliable teams, focusing on project quality and team reputation rather than price. Using blockchain technology, we ensure transparent contract execution and rights protection.

– Price Optimization and Service Upgrades: We continually optimize our pricing strategy to achieve zero intermediary fees and introduce more flexible service upgrade plans to meet the needs of different project teams.

– Increasing Our Own Influence: Through self-produced content and self-operated events, we rapidly increase our user base and influence. Our content creation and event planning teams provide clients with high-quality original content and customized event plans.

The ML KOL Club will soon launch a certified credit card (with Visa functionality) for global KOLs and institutions, offering various benefits and convenient services to members who join and support the ML KOL Club.

We believe that through the professional services and technical support of the ML KOL Club, project teams can achieve more efficient, secure, and valuable KOL marketing.

Follow the official X account of the ML KOL Club (@MLKolClub) and contact us (TG: @JMandy, Email: [email protected]) to embark on a new chapter of collaboration.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

More articles
Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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