Scriblooooor & Ankur Vaid answers audience’s questions during Fireside Chat on Communities

How to find new users for your Web3 community? To find new users one has to be clear on the people they are looking to target. If the community is for investing then LinkedIn works better than twitter. The process should not be restrictive and stick to one platform, rather strengths of different platforms should be used. Facebook, twitter, LinkedIn,Telegram, Whatsapp, Moj app, Koo and Discord servers are some of the existing Web2 platforms which can be used to find new users for Web3 communities. How to retain a community sustainably? It is not uncommon for users to switch between communities. The one measure to avoid this and retain a community sustainably is having an entry barrier. Having clear entry criteria for the new users affects the quality of the community. When likeminded people with similar vision come together they tend to stick for longer periods and not get affected much by vulnerabilities of the crypto space like the fall of FTX or bear run of prices. Is it a good time to invest in crypto? Investing is a highly personalised decision. Risk appetite, the reason for investing and goals for future varies for every individual. Thus, one has to do own research and not fall for word of mouth or hype before investing, not just in crypto but for any other asset class too.