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- Stop Wasting Money on KOLs
Stop Wasting Money on KOLs
Here's What Actually Works
Most Web3 teams approach KOL marketing backwards.
They start by throwing money at big names and hope something sticks.
The result?
A brief spike in engagement followed by...nothing.
Here's how to do it right.
Phase 1: Research First
Before you spend a single dollar on KOLs, you need to research.
Tools like Cookie3 and Kaito can show you:
Who's already talking about your project
Their actual engagement rates (not inflated numbers)
Which conversations drive real interest
This is your gold mine.
Start With Who You Have
Look for people already engaging with your content. They might become your best advocates—no payment needed.
What they might want instead:
Access to your team's Telegram group
Special Discord roles
Early feature access
Direct lines to your founders
Building Your KOL Database
Create two separate lists:
Organic Advocates
Already posting about you
Genuinely interested in your tech
Natural fit for your community
Potential Partners
Active in your vertical
Strong engagement in your niche
Never posted about you (yet)
The Smart Outreach Process
If you want to skip the agencies, use tools like Drippi for personalized & automated outreach.
Create a simple Typeform to gather:
Their typical rates
Content preferences
Audience demographics
Past campaign results
Now, you're building a valuable database for future campaigns.
Real Numbers That Matter
A retweet from someone with:
100k followers but 0.1% engagement = 100 views
10k followers but 5% engagement = 500 views
Which would you rather have?
Interested in Building Your KOL Strategy?
I'll be putting together a detailed guide with:
Outreach templates that work
Rate negotiation scripts
ROI tracking spreadsheets
Want early access? Reply with "KOL Guide" and I'll add you to the list.
Keep building,
Jax
P.S. Send me any ideas for the KOL guides you want. I’m always happy to help