The Impact of Community-Driven Projects on the Growth of Puss Coin

in PussFi 🐈4 days ago

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Introduction

I have come to discover with my few years in the crypto space that one of the things that will go a long way to determine the success of every project is the community engagement. Actually that is the popular law of nature and humanity. Like they always say, if you want to go fast, you walk alone and if you want to go far, you walk with people. For every project that want to thrive and succeed in the Blockchain space.

One of the example is the Puss Coin. A memecoin establish on the Steemit platform and been the first memecoin that Steemit will produce, it has been able to gather a lot of attention all across the platform and even beyond. Looking back, I will say one of the factors that contributed to it is the community that was build around it. When I am talking about the community, I am not only talking about the PussFi community. Even though it contribute to the massive adoption of the project, it will go beyond that.

I have seen how the puss coin have been able to achieve a lot of attention on the Steemit platform. The contest, the attention on the twitter and many more. Everything point down to the community engagement which has greatly helped. This initiative happening on the Steemit platform have helped to drive massive growth and visibility for Puss coin and I believe it will just continue to get better and better.

The Role of Community in Cryptocurrency Success

Before even going deeper, I will need to establish that there is a massive role that community plays in the success of the crypto space generally. The truth is Crypto tokens are generally different from the traditional currency we have which focus on the thrive on businesses. In fact, every value of the crypto space depends on the strength and performance of their community. The recent trends of telegram Airdrops that happens this year have proven it to be. We can see that a community can go a long way to determine the success and failure of any airdrop projects.

Well this is not only limited to telegram Airdrops. It also spread to other crypto including the Puss Coin. Over the few years I have spent on this crypto space, I have come to discover that community driven projects go a long way to succeed much more than projects that stand on their own. Puss Coin community take for example have been able to play a major role in the success and the growth that the project have witnessed upto this day. In fact it has been able to create this welcoming environment that has driven the visibility of the project.

Community driven projects makes use of some vital tools to drive their engagement and one of it is the social media. We have social Media like Twitter, discord so far for the Puss coin project which I believe have been a very important role to drive the visibility. It has been able to generate organic interest and also help to build trust among the users within the community. Every community member have been able to play a role in promoting the visibility of the coin either by the content we wrote about the project on the Steemit platform or even with our tweets on twitter. Trust me, social media have proven to be a major tool for the community of Puss Coin to make use of.

Community-Driven Development and Innovation

Now talking about the community driven development and innovation, Puss Coin as it were helps to support development and innovation and with the puss coin community, they have contributed to the suggestion of new developments. This has also helped to diversify the use case of the coin and helps to encourage the long-term goal of the coin. With the community driven projects, they have been able to help also to attract new investors both trading the coin on various exchanges or even on the platform.

I believe one of the ways Puss Coin can make use of to continue driving the community engagement which will result to more visibility of the project is something called the community funded initiatives and also Charitable steps. Puss Coin can with a strong commitment begin to support some charitable causes that will go along with the support of the community. In fact, the Puss Coin community which made up me and you can also come up with fundraising campaigns that will help to even raise funds for charitable organisations. By engaging in this philanthropic aspect, it will help to make Puss Coin unique and different from other cryptocurrencies out there.

Challenges and Sustainability of Community-Driven Growth

Since the beginning of this post, I have been talking about the advantages that community driven projects have. But even with those advantages, it also comes with a lot of challenges that is fighting the sustainability of the community driven growth. Sometimes the fact that the crypto space is decentralised in nature, that major reason can fight against the community driven projects because sometimes it can lead to disagreement and conflicts about the way and direction either the coin or the project should go.

In order not to have this challenge, I believe one of the things that can be done is that Puss Coin should continue to promote transparency and full flow of communication. The goals should always be in agreement to the desire of the community every single time. I believe a structure should be established that will allow the community members to participate in the decision making or vote for major changes. This will help to build a very strong and engaging community that feels like they are also carried along all through the success and development of the puss coin project.

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One of the ways I believe can also help is what I called the Partnership and collaboration. It will go a long way to shape things and helps
goals to be achieved. I believe the project can collaborate with other Blockchain projects and even crypto influencers that will help boost the visibility of the project. We can find crypto influencers either on Twitter or even on YouTube.

Conclusion

As I conclude, I am so sure that this is just the beginning. Puss Coin will still witness a lot of growth to come as it is built on the structure of community driven projects. In every success and growth that the Puss Coin will witness, it will still needs the community as they will play a very fundamental and important role.

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Regards,
@theentertainer


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