If you have been involved in the cryptocurrency space then you have probably heard of Discord. This popular social media application is hands down the best application for real-time updates and exclusive content.

Whether you are looking for the next hot NFT or trade signals there are countless gems to find. That is why in this article I will be providing a complete overview of crypto Discord. So without further ado, let’s jump right in.

What are crypto Discords?

Crypto Discords are curated communities within the Discord application. Each group has a specific set of rules and culture. Ultimately, this fosters collaboration and discussion. They include anything from trade signals to NFT collaborations. 

7 benefits of using crypto Discord

1. Cultivate community 

At the end of the day, the community is the new currency and Discord facilitates this. The program creates a group of like-minded individuals and fosters a sense of belonging. Moreover, each Discord has its own unique culture that people gravitate to.

Not to mention, certain projects only grant access to token holders. This creates a sense of exclusivity and incentivizes people to purchase tokens to gain access.

2. Collecting feedback

As Discord servers are chat rooms composed of community members they are an excellent source of feedback. The unedited discussion provides useful information on what works and what doesn’t.

Moreover, it is easy to host Q&As and surveys within the application to deeply understand what your user base thinks.

3. Finding tips & tricks

Overall, Discord servers can provide extremely valuable information. Whether that be creators or the community, they can help you gain an edge on the market.

Common tips include trading signals, NFT minting tips, and how to avoid scams to name a few.

4. Provides real-time updates

In most cases, Discord provides the updates first and foremost. By following the right channels you can get quick updates ahead of other social media platforms.

In a fast-moving industry such as cryptocurrency, this is vital for staying on top of the market.

5. Fosters collaboration

As Discords are chat rooms they allow collaboration for both creators and the community. This creates more organic growth that aligns incentives between users and developers.

This can be done through calls, live streams, and competitions to name a few. You can also reward your community for completing certain tasks.

For instance, discord admins can grant whitelist spots that guarantee an NFT mint or exclusive giveaways. Overall, there are several direct and indirect ways of creating a vibrant environment for collaborations.

6. Target your audience

Thanks to Discord you can target specific demographics. Overall, the application provides the ability to control who joins.

Moreover, you can assign specific members roles and rights. This includes owner, moderator, admin, and member all of which can be assigned to different channels.

7. Customisation and automation

Firstly, crypto Discord servers are extremely customizable. For instance, a curated welcome screen can be created that facilitates a bond with new users.

Not to mention, AI-controlled bots can automate different tasks on your server improving overall efficiency. This can be a welcome bot that prompts users to complete forms or automatically assigns them different roles.

Disadvantages of crypto Discords

1. Scams

There is no denying that scams are rampant in Discord servers. The most popular scam is phishing scams. Simply put, scammers impersonate legitimate projects and employees in hopes of obtaining sensitive information from unsuspected users.

They also send malicious links that when clicked take you to a fake website. Therefore, it is important to only communicate with verified team members and not click on random links.

2. Time-consuming

This method of social media is not exactly passive. It requires consistent updates, discussion, and content rollouts. Not to mention, the moderation of the chats. This all consumes a lot of time that can often be better spent elsewhere.

Q&A

How to join a crypto discord?

First of all, you will need to create an account on discord.com. Secondly, you will need to find the official discord handle.

This can usually be found through Twitter or the project’s website. Thirdly, the projects have a set of rules that you need to agree on. Once you have completed these steps you will have full access.

What does server & channels mean in Discord?

Server is a term that refers to independent communities. Each server has its own set of rules. These are then divided into channels.

In essence, channels split the server into different chat rooms. For instance, trade signals, crypto giveaways, and project announcements.

How do I run a crypto Discord?

Running a crypto discord requires active management to increase the number of followers and engagement. Here are several tips to help run your server:

• Establish a set of rules for your discord server – this is important to maintain a positive environment and reduce scams.
•  Provide frequent updates – consistent updates are important to align the goals with your community and provide transparency. Two examples include changes to the roadmap and upcoming mints.
•  Reward community involvement – E.g giveaways, whitelist spots, etc.
•  Rollout consistent content – rolling out useful content is great for growing discord servers. After all, who doesn’t like great educational content? This can be anything from Q&As to Livestreams.

Conclusion

Overall, Discord is one of the best platforms for finding updates and announcements from cryptocurrency projects.

Not only that, but it opens up a dialogue between creators and the community. I hope you found this article useful and thanks for reading it.

Want to learn about how to protect against NFT theft? Click here to read my previous article.