TIPS TO MAKE BEST USE OF TIKTOK IN CRYPTO AND BLOCKCHAIN INDUSTRY
TikTok is a fast-growing social media platform, you can find TikTok videos everywhere. It's fun to get engaged, and many people are interested in their activities; lip-syncing, video creation, and dancing. My first TikTok encounter was addictive, as I loved all about the platform.
Social media is an integral part of our daily lives. It plays a vital role in every sector, mainly Crypto and Blockchain, from connecting to advertising and marketing. The crypto-monetary value was dramatically shaped by social media influence.
Briefly on TikTok
TikTok is a social media site launched in 2017 (Founded in 2016), with around 500 million active monthly users. Accordingly to TikTok, the app visits more than 90 percent of users many times a day. TikTok has become more prevalent in app stores than Facebook, Instagram, and other prominent social media platforms, with over 800 million global downloads.
The platform enables you to create a short video and add fun to spice things up, such as AR filters, text, and musical overlays.
Crypto and the Blockchain industries are currently starting to play with TikTok.
Briefly on Crypto and Blockchain Industry
A cryptocurrency is a digital currency or virtual currency designed to function as a means of exchange. It uses security cryptography. It is a decentralized, blockchain-based currency. As the name suggests, blockchain is a chain of blocks composed of a set of transactions. What that means in terms of the layman is: Hacking is unattainable because blockchain technology is securely encrypted.
Use Of TikTok in Crypto and Blockchain Industry
Firstly, TikTok tackles one of the cryptocurrencies' most significant challenges: a large user base. A crypto-currency can never succeed unless a large number of people use it. TikTok has more than 500 million+ monthly active users like Facebook, Twitter, Instagram, and others. So, a cryptocurrency's most important requirement is met.
Furthermore, Cryptocurrencies are currently using social media sites to inform buyers. The concept of blockchain and these cryptocurrencies isn't the easiest to grab. Therefore, it is essential to educate potential buyers about it. TikTok videos related to Crypto and Blockchain are an easy way to inform people of the nature of CryptoCurrency.
TikTok also saw a reasonable amount of content based on crypto/blockchain circulating inside the social network. A variety of celebrities and crypto enthusiasts have begun their channels on this website, adding further to this industry's rising popularity. Video content is much more engaging than images or audio, making it easier for content creators to reach out to their viewers, as mentioned earlier.
TikTok, one of the world's fastest-growing social media platforms, recently saw its first viral post about cryptocurrencies.
The post was created by social media personality Crypto and Bitcoin, the Wolf of Bitcoins. The post has quickly gained some 160,000 likes and 2,500 comments within hours. The following are Top Accounts on Crypto TikTok:
In conclusion, TikTok's presence in the Crypto and Blockchain Industry represents a significant plus for the crypto industry. A large part of the world remains ignorant about CryptoCurrency's life; many people know nothing about cryptocurrency. Bringing up the discussion of the crypto industry confuses people faster than anything. The industry itself would not be capable of reaching out to the masses, but the technology would be more exposed, appealing, and educational with the help of TikTok and its large user base.