Blockchain Advertising

Blockchain Marketing: Meaning, Strategies, and Agencies for 2024

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In 2025, the blockchain market is more competitive than ever, and effective blockchain marketing is crucial for success. You've taken the first step by launching your blockchain project, but now it's time to make some noise and attract users. 

However, the harsh reality is that over 80% of blockchain startups fail within their first year. To avoid joining the blockchain graveyard, you must invest in long-term blockchain marketing strategies.

Your blockchain marketing strategy must harness the power of blockchain technology, digital assets, and hyperpersonalization.

This blockchain advertising guide will provide you with the ultimate roadmap to create a boundless blockchain digital marketing plan that drives engagements, builds trust, and establishes your brand as a leader in the blockchain space.

What is Blockchain Marketing?

Blockchain marketing is a specialized form of digital marketing that leverages Web3 technology to promote blockchain-based products and services. It aims to increase brand awareness, exposure, community, and revenue for blockchain companies. Unlike traditional marketing, blockchain marketing utilizes unique communication channels specific to blockchain and cryptocurrency projects. 

Blockchain marketing requires a deep understanding of blockchain technology and its applications to work effectively. You also need to stay up-to-date with the latest market trends and be willing to adapt your blockchain marketing strategy as the industry evolves in 2025. This flexibility, combined with innovative thinking, can help you thrive in the blockchain market.

cryptocurrency statistics you should know

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By targeting the audience's interests, fostering trust, and convincing the blockchain community to embrace a project, blockchain marketing campaigns can help a project succeed in the competitive digital landscape.

Is Blockchain Marketing Profitable?

The blockchain industry offers immense opportunities for new and existing projects, but the question remains: is blockchain marketing profitable? The answer is a resounding yes!

  • Unlock High ROAS Potential: Blockchain marketing campaigns can yield significant returns on ad spend (ROAS), with some campaigns generating up to 400% ROAS. In fact, the average ROAS for blockchain marketing campaigns based on data from Blockchain-Ads is around 550%.
  • Seize the Early Mover Advantage: The blockchain market is still in its early stages, providing a unique opportunity for early movers to establish themselves as industry leaders. Companies like Coinbase and Binance have already demonstrated the potential for significant growth and profitability in the blockchain space.
  • Tap into an Evolving Market: The global blockchain market is projected to reach $1.4 billion by 2027, growing at a CAGR of 52.4%. With new technologies and innovations emerging regularly, the blockchain market offers a dynamic and exciting space for marketers to tap into new trends and audiences.
  • Build Loyal Communities: Blockchain enthusiasts are known for their loyalty and passion for the industry, making them a dedicated and engaged audience. By leveraging effective blockchain marketing strategies, blockchain companies can build strong relationships with their customers, leading to increased loyalty and retention.

Success Stories

  • Coinbase's successful IPO in 2021, valuing the company at over $80 billion
  • Binance's rapid growth, with over 20 million registered users and a daily trading volume of over $1 billion

How is Blockchain Marketing Different From Traditional Marketing?

There are significant differences between marketing blockchain and traditional marketing. Blockchain marketing targets a specific niche: blockchain and cryptocurrency enthusiasts. To effectively reach this audience, you need to understand what sets them apart.

Unique Audience

The blockchain audience has its own language, hangouts, and expectations. They're passionate about decentralization, security, innovation, and the financial incentives that come with blockchain technology. To connect with the blockchain audience, you need to speak their language and meet them where they are.

share of cryptocurrency ownership in the world

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Effective Channels

Blockchain-focused marketing mediums like Web3 ad networks, blockchain press release distribution services, and blockchain influencers are excellent starting points. These channels help you tap into the blockchain culture and build a loyal following. You can also engage with the community through social media platforms like Twitter and Telegram, where blockchain enthusiasts share their thoughts and opinions.

On the other hand, traditional marketing mediums like Google Ads and Facebook Ads might not be as effective. These platforms often have strict policies against promoting cryptocurrency-related projects. Even if your ads are approved, you might not attract the right target audience.

Who Needs Blockchain Marketing?

The blockchain and cryptocurrency space is rapidly expanding, and effective marketing for blockchain companies is crucial for success. Whether you're a:

  • Blockchain project: Spread awareness about your new protocol, token, dApp, game, or innovation.
  • Exchange or wallet: Grow your user base, increase trading volumes, and establish your brand as a trusted player.
  • Blockchain influencer: Build your personal brand, grow your following, and monetize your influence.
  • Blockchain publisher: Expand your audience, increase engagement, and tap into the growing demand for blockchain content.
  • Marketing agency: Tap into the blockchain market, attract new clients, and grow your business by offering specialized blockchain advertising services.
  • Mainstream brand: Interested in tapping into the $1.5 trillion blockchain economy? Enter the blockchain economy, reach a new audience, and stay ahead of the competition by embracing blockchain technology and cryptocurrencies.

Ask yourself:

  • Are you looking to increase brand awareness and reach a wider audience?
  • Do you want to drive user acquisition and grow your customer base?
  • Are you seeking to build thought leadership and establish your expertise in the blockchain space?

If so, blockchain marketing can help you achieve your goals. By understanding the unique needs of each group, marketing for blockchain can help you succeed in this rapidly growing market.

What are the Benefits of Blockchain Marketing for Your Brand?

There are several advantages to investing time and effort into blockchain marketing activities:

  1. Access a Fast-Growing Audience: The total number of blockchain users globally crossed 402 million in 2023. Moreover, adoption is accelerating at a breathtaking pace, especially among millennials. Blockchain marketing allows you to access this lucrative segment.
  2. High Engagement Rates: Most blockchain enthusiasts are technology enthusiasts. Naturally, their online engagement levels tend to be much higher compared to average internet users. Even a small, targeted blockchain community can drive significant visibility for your brand.
  3. Buzz of Innovation: Blockchain might be volatile, but it never fails to generate hype. Combining bleeding-edge tech like blockchain, AI, VR, etc., with finance creates endless possibilities. Blockchain marketing lets you capitalize on this momentum and establish your brand as an innovator.
  4. Global Reach: One of the best aspects of blockchain is its borderless nature. Your Web3 project can reach potential users across geographies without the need for localized adaptations. This allows for exponential growth.
  5. Marketing Agility: The dynamic blockchain industry forces businesses to stay nimble to keep up with changes. Blockchain marketing involves constantly testing creative ideas across emerging platforms. This builds valuable agility that is applicable across domains.

Of course, effectively leveraging these advantages requires planning and effort.

How Much Does Blockchain Marketing Cost?

When venturing into blockchain marketing, setting an appropriate initial budget is crucial. While costs vary depending on strategies and scope, consider the following factors to estimate a suitable starting point:

  • Industry Benchmarks: Allocate 5-10% of your project's overall budget to marketing, similar to industry standards.
  • Marketing Objectives: Define your goals, such as building brand awareness, generating leads, or driving website traffic. More complex objectives require larger budgets.
  • Target Audience: Reach and engagement costs vary depending on your target audience, such as institutional investors, retail traders, or blockchain enthusiasts.
  • Marketing Channels: Choose channels like social media, content marketing, paid advertising, or influencer partnerships, each with different cost structures.
  • Content Creation: Develop high-quality content, such as videos, blog posts, or graphics, which may require additional resources.
  • Agency or Freelancer Fees: Consider hiring experts, like blockchain marketing agencies or freelancers, to execute your strategy.

Based on these factors, consider an initial range of $5,000 to $50,000 for your blockchain marketing. This allows for:

  • Basic Marketing Efforts (e.g., social media, content creation): $5,000 - $15,000
  • Mid-Level Marketing Campaigns (e.g., paid advertising, influencer partnerships): $15,000 - $30,000
  • Comprehensive Marketing Strategies (e.g., video production, event sponsorships): $30,000 - $50,000

Remember, this is just a starting point. As your project grows, adjust your budget based on performance, ROI, and market conditions.

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What Are the Top Blockchain Marketing Strategies for 2025?

Let’s run through some strategies that blockchain marketers use to promote blockchain products and services.

1. Run Paid Advertising (Blockchain PPC)

Paid advertising is an effective way to onboard new users in blockchain marketing. With various platforms to choose from, you can reach a targeted audience and drive traffic to your website. While Google and Facebook Ads have restrictions in place, blockchain-native ad networks have emerged as a preferred option for many marketers.

Blockchain-Ads is one such platform, offering a performance-based ad network specifically designed for the blockchain and cryptocurrency industry.

ppc crypto campaign reach on Blockchain-Ads

Key Benefits:

  • Targeted reach and high engagement
  • Performance-based pricing
  • Fewer restrictions compared to traditional ad platforms
  • Ability to reach a specific audience interested in blockchain and cryptocurrency

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2. Utilize Social Media Engagement

Social media plays a crucial role in promoting blockchain companies. Focus on platforms where your target audience is most active, such as:

  • Twitter: Share bite-sized updates, engage in discussions, and utilize hashtags like #Blockchain and #Web3 to increase visibility.
  • Discord: Build a community, share updates, and engage with your audience in real-time.
  • Telegram: Share updates, news, and announcements with your community.
Crypto marketing tools for social media

Key Strategies:

  • Share valuable content, such as market insights and project updates
  • Engage with your audience through comments, replies, and direct messages
  • Collaborate with influencers and other industry players to expand your reach

By effectively utilizing social media engagement, you can build a strong online presence, drive brand awareness, and establish your project as a thought leader in the blockchain and cryptocurrency space.

3. Introduce Blockchain Affiliate Marketing

Affiliate marketing is a form of performance-based marketing where you partner with affiliates who promote your product or service to their audiences. When someone clicks on their unique referral link and makes a purchase or completes a desired action, the affiliate earns a commission. Blockchain affiliate marketing is a great way to promote your blockchain project because:

  • You only pay for results
  • You can reach a wider audience through niche affiliates
  • It's a cost-effective way to drive sales and growth

Key Strategies:

  • Find Reputable Affiliates: Research and partner with trusted affiliates in the blockchain space.
  • Offer Competitive Commissions: Provide incentives for affiliates to promote your project.
  • Provide Marketing Materials: Give affiliates the tools they need to succeed.
  • Track and Optimize: Monitor affiliate performance and adjust your strategy accordingly.

By introducing affiliate marketing into your blockchain marketing, you can drive growth, revenue, and brand awareness for your project.

4. Utilize PR Marketing

When marketing blockchain projects, effective PR marketing can help you build credibility and reach a wider audience in the blockchain space. One key strategy is to use press release distribution services to distribute blockchain press releases and achieve targeted media coverage.

Key Benefits:

  • Increased visibility and credibility through media coverage
  • Improved brand awareness and reputation
  • Targeted reach to blockchain-specific audiences

Key Strategies:

  • Craft Compelling Press Releases: Highlight your project's achievements and innovations.
  • Utilize Press Release Distribution Services: Use services that specialize in blockchain and blockchain press releases, such as Chainwire.

You can read our PR Marketing Agencies Guide to find the best partners for your project

5. Run Blockchain Quests

Blockchain quests are one of the hottest marketing tactics in the blockchain space. Many projects are already using them to drive engagement and incentivize their communities. In fact, some advertisers are seeing even greater success in building a loyal and active following by combining paid ads with quests. Quests are interactive blockchain marketing campaigns that challenge users to complete specific tasks or achievements, often in exchange for rewards or prizes.

example of crypto quest marketing on galxe

This innovative approach has proven effective in:

  • Boosting community engagement
  • Encouraging user-generated content
  • Driving social sharing and referrals
  • Increasing brand loyalty

Want to learn more about how to run successful crypto quests? Check out our comprehensive guide to the best blockchain quest tools.

6. Harness the Power of Airdrops

Airdrops are also popular among new blockchain and cryptocurrency companies. By distributing free tokens or coins to users, airdrops create a win-win situation that can:

  • Increase brand awareness and visibility
  • Drive user engagement and loyalty
  • Encourage sharing and referrals
  • Provide valuable user data and feedback

When executed correctly, airdrops can be a powerful tool for blockchain marketing. To learn more about how to leverage airdrops for your project, check out our guide to airdrop marketing strategies and best practices.

7. Leverage Content Marketing

Content marketing is a must-do in the blockchain space, where education and awareness are key to driving adoption and engagement. It helps with driving profitable customer action when you focus on creating high-quality, informative, and engaging content. In blockchain, content marketing takes many forms and mediums, including:

  • Blog posts, articles, and newsletters
  • Social media content
  • Videos and podcasts
  • Infographics and visual content
  • eBooks and whitepapers
  • Webinars and online events
crypto content marketing example

One notable example of content marketing success in blockchain is the Binance blog, which has mastered the art of SEO-optimized content to drive massive organic traffic and engagement. Similarly, at Blockchain-Ads, we've seen a 60x increase in our content efforts, resulting in significant returns.

You can learn more about content marketing from our detailed guide.

Want even more blockchain marketing strategies to grow your project? Check out our comprehensive article, packed with over 14 actionable strategies to help you dominate the blockchain marketing game. 

It contains strategies like influencer partnerships, community building, SEO optimization and email marketing

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What are the Top Blockchain Marketing Agencies?

Juggling all these moving parts on your own can prove overwhelming, especially if you have limited blockchain marketing experience. Turning to professional agencies might be the best way to kickstart your blockchain growth. Here are some leading blockchain marketing agencies making big waves in the industry:

1. MarketAcross

With its strong industry network, MarketAcross empowers blockchain brands through integrated digital solutions. Their full-funnel blockchain marketing campaigns are anchored around compelling storytelling to capture investor mindshare.

example of crypto marketing agency

MarketAcross leverages both earned and owned channels for maximum impact, thanks to its sound PR and strategic content. They further enrich efforts with performance marketing programs informed by in-depth audience analysis.

2. LeanMarketing Crypto

LeanMarketing Crypto takes a performance-driven approach to blockchain marketing. Unlike broad agencies, they specialize in measurable results across targeted services like token distribution, liquidity enhancement, and community growth.

example of crypto marketing agency 2

With deep blockchain native experience, LeanMarketing Crypto follows an agile methodology focused on testing and rapid optimization. Backed by data-based decisions, they help clients achieve product-market fit. Their past clients include Binance, Decentraland, Polygon, and other top projects.

3. Lunar Strategy

With their data-driven methodology, Lunar Strategy builds hyper-targeted assets across earned, owned, and paid channels. They take pride in being early adopters of new platforms. Lunar’s blockchain client success stories include Oasis Foundation, Sahara Protocol, and Olympus Game.

example of crypto marketing agency 3

4. Coinbound

A full-stack growth agency, Coinbound has enabled some prominent blockchain projects using referral marketing, community building, influencer campaigns, and content creation. Notable clients include Gala Games, eToro, and Gods Unchained, among others.

You can check out our full list of blockchain marketing agencies.

More on Blockchain Marketing

What is the best marketing for blockchain?

The best marketing for blockchain involves a combination of strategies, including paid advertising, social media marketing, influencer partnerships, content marketing, email marketing, and community building.

Can I advertise blockchain on Facebook?

Yes, you can advertise blockchain on Facebook, but there are strict policies and guidelines that must be followed. Facebook allows ads for blockchain and related products, but they must be approved before going live.

Can I advertise blockchain on Google?

Yes, you can advertise blockchain on Google, but Google has strict policies and guidelines for blockchain ads. Ads for initial coin offerings (ICOs), blockchain exchanges, and blockchain wallets are allowed but must comply with specific requirements.

Can you advertise blockchain on TikTok?

Yes, you can advertise blockchain on TikTok, and it's becoming a popular platform for blockchain marketing. TikTok allows ads for blockchain and related products, but they must comply with their community guidelines and advertising policies.

What is an example of blockchain marketing?

An example of blockchain marketing is creating a tokenized rewards program for customers, where they can earn tokens for completing specific actions, such as sharing content or referring friends.

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