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The Web3 Space Is Different, and Marketing Professionals Need to Understand That

Michael McClure, Marketing Operations Manager  ·  Apr 30, 2023
The Web3 Space Is Different, and Marketing Professionals Need to Understand That

Practices that work well in traditional marketing can actively damage your brand in Web3. Here's what to reconsider before entering the space.

I'm writing this as someone who has spent significant time inside both traditional marketing operations and the Web3 ecosystem. The gap between them is larger than most professionals expect, and the cost of ignoring it is real. Here are the practices worth rethinking before you jump in.

Security first — always

Even Ledger, a company synonymous with crypto security, has been compromised via phishing. In Web3, a security failure isn't a PR inconvenience — it's potentially catastrophic. Customers may forgive a lost email address. They will not forgive a drained wallet. Security infrastructure cannot be an afterthought.

Rethink email marketing

Many Web3 users actively value anonymity and will resent having to hand over personal information. Email marketing has served as the backbone of brand communication for decades, but in Web3, it's both less trusted and less effective. Twitter-native newsletters and direct community communication through Discord and Telegram are more aligned with how this audience actually wants to receive information. Also: platforms like Mailchimp have banned crypto clients without warning. Diversify your channels before you need to.

Do not mass-drop NFTs

Because blockchains are public ledgers, you can technically send an NFT to any wallet address. Don't. Mass-dropping promotional NFTs to unrelated wallets is junk mail — it will generate attention, but the kind that destroys credibility. Artists have learned this lesson the hard way.

Don't dox your users

Everything on a blockchain is public. That means two things. First: if you send NFTs or rewards to your customer base, competitors can see exactly who those wallets belong to and target them directly. Second: combining wallet addresses with personal identifiers in your database — linking a wallet to a name or email — is considered a serious violation of the community's norms. Doxxing is one of the worst things you can do to your reputation in this space. Keep those data sets separate.

Invest in crypto-native identity

Crypto domain names (yourcompany.eth, yourcompany.tez) exist and are worth securing now, before squatters claim them. Giving users the option to interact with your platform via a burner wallet — one without valuable assets — is good practice and signals that you understand the space's security concerns.

Starbucks Odyssey is a useful reference point: their NFT rewards program gamifies brand engagement in a way that educates users about the company while providing genuine value. The engagement feels earned rather than extracted. That's the model worth studying.