Ayodele Johnson, Author at ReadWrite https://readwrite.com/author/johnson/ IoT and Technology News Sat, 19 Aug 2023 05:50:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://readwrite.com/wp-content/uploads/cropped-rw-32x32.jpg Ayodele Johnson, Author at ReadWrite https://readwrite.com/author/johnson/ 32 32 NFT Revolution: Unveiling the Marketing Agencies Driving Global Adoption of Non-Fungible Tokens https://readwrite.com/nft-revolution-unveiling-the-marketing-agencies-driving-global-adoption-of-non-fungible-tokens/ Sat, 19 Aug 2023 03:00:39 +0000 https://readwrite.com/?p=231954 NFT Marketing

The world of non-fungible tokens (NFTs) has taken the digital landscape by storm, revolutionizing how we perceive and exchange digital […]

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NFT Marketing

The world of non-fungible tokens (NFTs) has taken the digital landscape by storm, revolutionizing how we perceive and exchange digital assets. From artwork and collectibles to virtual real estate and music, NFTs have opened up new possibilities for creators, collectors, and investors alike.

However, effective marketing strategies are essential in driving widespread adoption and understanding for this groundbreaking technology to reach its full potential.

Importance of NFT Marketing

While the underlying technology and concept of NFTs are revolutionary, their true potential can only be realized when accompanied by well-executed marketing campaigns. Here are a few reasons why NFT marketing is of paramount importance:

1. Creating Awareness: NFT marketing campaigns educate and raise awareness about the benefits and possibilities of NFTs, attracting a broader audience beyond early adopters.

2. Building Trust: Effective marketing establishes trust in the NFT ecosystem by promoting reputable creators, platforms, and marketplaces, encouraging new participants to explore and invest in NFTs.

3. Showcasing Value Propositions: Marketing agencies effectively communicate the unique advantages of NFTs such as digital ownership, provenance, and programmability, highlighting their benefits over traditional forms of ownership and exchange.

4. Engaging Communities: Marketing agencies foster vibrant communities around NFT projects, artists, or platforms, driving excitement, collaboration, and loyalty to fuel the growth and sustainability of the NFT ecosystem.

5. Expanding Reach: NFT marketing agencies employ innovative strategies to amplify campaigns across multiple platforms and channels, maximizing exposure and attracting diverse participants globally.

Look at these five agencies accelerating the widespread acceptance and growth of NFTs.

1- Coinbound

Since its inception in 2018, Coinbound has rapidly established itself as the unrivaled leader in NFT marketing. With a stellar track record and an impressive roster of clients, it’s no wonder why they stand at the forefront of the industry.

 

Boasting an extensive portfolio, Coinbound has collaborated with over 750 clients, including prominent names such as Metamask, Gala Games, ImmutableX, eTtoro, Tron, Cosmos, Nexo, AscendEx, OKX, and many others. Their ability to attract such renowned partners speaks volumes about their expertise and effectiveness in driving NFT marketing campaigns.

 

Recognition from prestigious publications and platforms further solidifies Coinbound’s position as the number one NFT marketing agency. They have been featured on esteemed outlets like Forbes, Binance, coinmarketcap, NFT Lately, BlockWorks, MarketWatch, Entrepreneur, CryptoDaily, and numerous others. These endorsements highlight the industry’s recognition of Coinbound’s exceptional strategies and outcomes.

Below are the NFT marketing services offered by the company for better outcomes:

  • Influencer Marketing
  • Content Marketing
  • Public Relations and Earned Media
  • Social Media Management
  • Media sales management
  • Consulting and advisory

What they are best at:

  • They are known for a better understanding specific growth tactics for business ranking from NFT, Exchanges, tokens, DeFi, and more.
  • They provide efficient marketing strategies that can be applied to meet your needs.
  • Pricing: Customized plans tailored to your NFT business goals and requirements are available.

2 – NinjaPromo

Since its inception in 2017, NinjaPromo has emerged as a dominant force in NFT marketing agencies. While they may claim the second spot, their unparalleled achievements and global presence make them a force to be reckoned with.

NinjaPromo has worked with an impressive array of clients, including Bitcoin.com, Rebus Chain, Affyn, Lisk, C-01, Ceek VR, and many more. These collaborations testify to their expertise and ability to deliver exceptional results in the NFT industry.

Ninja Promo is one of the best choices when looking for an experienced company that has worked with companies over 290 projects and delivered great results for them online.

What sets NinjaPromo apart is its global footprint. With branches in London, Dubai, Singapore, Hong Kong, and New York, they have strategically positioned themselves as a worldwide powerhouse. This extensive reach allows them to cater to clients across different time zones, cultures, and markets, providing tailored NFT marketing solutions with a global perspective.

Here are several approaches that marketers have embraced to enhance visibility and create awareness for projects:

  • Strategic Social Media Campaigns
  • Influencer Collaborations
  • Content Marketing
  • PR Releases
  • Community Management
  • Outreach

What they are best at:

  • They are known for adaptation to work dynamics
  • Always ready for discussion to analyze the best solutions for projects even when the going gets rough.
  • Meeting demanding deadlines at affordable rates

3 – Mooning

Mooning has rapidly emerged as one of the premier NFT marketing agencies, solidifying its position among the top five in the industry. With an impressive track record, a diverse client portfolio, and recognition from esteemed publications, Mooning has captured the attention of the NFT world and beyond.

When it comes to client collaborations, Mooning has had the privilege of working with a multitude of prominent names. Industry leaders such as Doodle, Magic Eden, Real Token, Real Star, Pull Man, Meta II, Accor, Struct, and many more are among their satisfied clients. This extensive list speaks volumes about the agency’s expertise and ability to deliver exceptional results across various sectors.

The stellar reputation of Mooning extends far beyond its impressive client roster. The agency has garnered attention from renowned publications and media outlets. With features on platforms like Forbes, Entrepreneur, Inc., YahooFinance, Skynews, and Financial Review, Mooning has solidified its position as a thought leader in the NFT space. These esteemed mentions highlight the agency’s innovative strategies, cutting-edge insights, and impactful contributions to the NFT marketing landscape.

Mooning offers a diverse range of NFT services, including:

  • NFT Marketing
  • NFT Creators
  • NFT Influencers
  • NFT Community Management
  • NFT Consulting
  • NFT Minting

What they are best at:

  • They help build a long-term strategy to ensure strong foundations set you apart from competitors in the future.
  • Their community managers will ensure no DMs go unanswered,  they are used to making people feel welcome.
  • Their unique strategies have been developed and continuously tested with current trends/meta for clients all over the world

4 – Cude Design: Designing NFTs for Maximum Impact

Cude Design, established in 2007 and based in Surrey, United Kingdom, has earned its reputation as one of the best NFT marketing agencies in the industry. With a proven track record and an array of notable clients, Cude Design stands among the top 5 agencies in the field.

Cude Design’s unparalleled expertise, as affirmed by glowing reviews from its previous clients, sets it apart from the competition. These testimonials testify to the agency’s ability to deliver exceptional results and drive success in the fast-paced world of NFT marketing.

CudeDesign also specializes in NFT wallet development and Integration, which buys, sells, and trades digital assets. Cude Design can help you develop and integrate crypto wallets for Web3 Dapps and NFT marketplaces. They worked with multiple blockchain platforms, including Ethereum, Polygon, and Solana to integrate the most popular crypto wallets, e.g., Coinbase, Metamask, and Phantom.

Throughout its operation, Cude Design has collaborated with an impressive roster of clients, including prominent artists, creators, and organizations. By working closely with these esteemed individuals and entities, Cude Design has honed its skills and expanded its knowledge in the NFT space, positioning itself as a leader in the field.

Cude Design offers a diverse range of NFT services, including:

  • NFT Marketplace Development
  • NFT Wallet Development and Integration
  • NFT Smart Contract Development

What they are best at:

  • They are best at designing and developing your NFT marketplace platform, allowing users to mint and trade directly through your website.
  • They can help you develop and integrate crypto wallets for Web3 Dapps and NFT marketplaces.
  • They have several years of experience in the NFt marketplace.

5 – Inoru

INORU, a trailblazing NFT marketing agency, has firmly established itself among the top 5 industry leaders. With an illustrious history dating back to 2006 and a global presence spanning Tokyo, USA, London, UAE, India (Chennai), and Singapore, they have become synonymous with success in the NFT realm.

What sets INORU apart is its impressive track record of working with prestigious clients. Collaborations with Anyswap, Quickswap, Minty, Live NFT, Evai, GSX coin, and more have solidified their reputation as trusted partners in driving NFT marketing strategies to unprecedented heights.

INORU’s dedication to delivering exceptional results has garnered widespread recognition. Notable industry publications and influencers have acknowledged their expertise and innovative approach. From glowing mentions in renowned NFT circles to high-profile media coverage, INORU’s impact on the NFT landscape continues to make waves.

Inoru offers a range of key services, including:

  • Content Marketing
  • Social Media Marketing
  • Press Releases
  • Video Marketing
  • Influencer Marketing
  • Affiliate Marketing
  • Email Marketing

What they are known for:

  • Transparency
  • Experienced professional marketing team
  • Top-notch marketing strategies to attract their audience

Final Thought

In the fast-paced world of NFTs, the role of marketing agencies cannot be overstated. As the global NFT movement gains momentum, these top 5 marketing agencies have emerged as trailblazers, driving NFT adoption to new heights. From accelerating awareness to building communities, leveraging influencers, and providing holistic consulting, these agencies have reshaped the NFT landscape.

Their dedication and ingenuity have propelled NFTs into the mainstream, transforming how we perceive digital assets. The collaboration between marketing agencies and NFT projects will continue to fuel this revolutionary art form’s success and widespread adoption. Embrace the NFT revolution and witness the limitless possibilities that lie ahead.

Featured Image Credit: Unsplash; Thank you!

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Exploring the Influence of AI on Fraud Prevention in Telecoms https://readwrite.com/exploring-the-influence-of-ai-on-fraud-prevention-in-telecoms/ Wed, 28 Jun 2023 15:00:36 +0000 https://readwrite.com/?p=227585

Over the past few decades, the telecommunications industry has experienced an immense revolution, with mobile phones and internet services becoming […]

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Over the past few decades, the telecommunications industry has experienced an immense revolution, with mobile phones and internet services becoming indispensable tools for communication and connectivity among an ever-growing population. 

Nevertheless, this unprecedented growth has also fueled a rise in fraudulent activities, resulting in substantial financial losses for both customers and companies. In response, telecom firms are adopting advanced artificial intelligence (AI) technologies to tackle this pervasive issue.

According to market projections, the global market size for AI in the telecommunications industry is expected to reach $14.99 billion by 2027, reflecting a remarkable CAGR of 42.6% from 2021-2027, up from $11.89 billion in 2020.

Through the utilization of AI’s advanced features, such as immediate detection and prevention of fraudulent activities, the telecommunications industry strives to transform the landscape of fraud prevention. The ensuing discussion will delve extensively into the impact of AI on fraud prevention within this sector and what the future may bring.

 

Understanding Fraud in Telecoms

Telecom fraud involves exploiting telecom networks, services, or systems for personal benefit, which can range from basic scams like unsolicited texts or calls, to advanced schemes that include hacking, identity theft, and financial fraud.

In 2021, the Communications Fraud Control Association (CFCA) predicts that despite global telecom revenues of $1.8 trillion USD, fraud will result in a massive $39.89 billion USD loss, accounting for 2.22% of total revenue.

Telecom fraud takes on several forms, such as call diversion, unauthorized call selling, and SIM card fraud. The impact of such activities can be significant, leading to financial losses, reputational damage, legal implications for telecom firms, and negative consequences for customers, such as loss of money, identity theft, and service interruptions.

AI and Fraud Prevention

With its exceptional capability to rapidly analyze huge amounts of data, AI presents itself as a matchless weapon against fraud. This technology offers a plethora of benefits over traditional methods, as it enables real-time fraud detection, protecting telecom companies from any further harm.

Through machine learning algorithms, AI can continuously learn, adapt, and identify patterns in data indicative of fraudulent activity. This dynamic capability ensures AI’s effectiveness in detecting fraud continually improves, making it an exceptionally potent tool for preventing fraudulent activities.

The applications of AI in fraud prevention within the telecom industry are diverse. For instance, AI can monitor network traffic to identify anomalous activities, like high-volume or suspicious calls to known fraudsters. Additionally, AI can analyze customer behavior data, such as usage patterns and payment records, to recognize potential fraudsters.

AI’s most promising application in fraud prevention lies in predictive analytics. By utilizing machine learning algorithms, AI can scrutinize data to detect potential patterns and trends that indicate future fraud. This empowers telecoms to take pre-emptive action and prevent fraudulent activities rather than reacting to them after the event.

 

Future Implications

AI’s potential in fraud prevention is exemplified by the development of predictive models. By analyzing historical data, AI algorithms can discern patterns and behaviors linked with fraud. This ability could enable telecoms to pre-emptively prevent fraud, thus diminishing its impact on customers and the company’s profits.

Incorporating natural language processing (NLP) into telecoms may offer a novel way to tackle fraudulent activities. NLP algorithms possess the capability to scrutinize copious amounts of customer communication data, such as chat logs and emails, to detect anomalous behaviors, thus, reducing the potential impact of fraudulent actions by enabling prompt identification and response.

Notwithstanding the potential benefits, the use of AI in fraud prevention is not without challenges and limitations. Of significant concern is the potential for algorithmic bias, which can result in discrimination and unfair treatment.

Telecoms have a responsibility to ensure their AI algorithms are transparent and free from bias. Additionally, overreliance on AI is a potential risk in fraud prevention, emphasizing the need for human oversight and intervention to ensure the ethical and effective use of this technology.

 

Ethical Considerations

As AI is implemented for fraud prevention in telecoms, the ethical obligation to safeguard customer data becomes paramount. This mandates that telecom companies comply with privacy laws and regulations in collecting and using customer data. AI algorithms should be designed to prevent unauthorized access to customer data while ensuring transparency and informed consent from customers on data collection and use practices for fraud prevention purposes

The issue of algorithmic bias is a vital ethical consideration. The fairness of AI algorithms hinges on the impartiality of the data used to train them. Biased data can lead to AI algorithms perpetuating such biases, which could lead to discrimination against certain customer segments. To reduce the risk of such an occurrence, companies must utilize diverse and inclusive datasets for training their algorithms and consistently monitor their performance for any indications of bias.

 

Conclusion

AI is a game-changer in the fight against fraud in telecoms, offering immense benefits to the industry. By leveraging AI for fraud detection, telecom companies can save billions of dollars and protect their customers from harm. Moreover, AI has the potential to enhance the overall efficiency and customer service in the telecom industry. Embracing this innovative technology represents a significant opportunity for telecoms to not only address an ongoing problem but also drive industry-wide evolution and growth.

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The Impact of Traveling on Business https://readwrite.com/the-impact-of-traveling-on-business/ Tue, 28 Mar 2023 15:00:50 +0000 https://readwrite.com/?p=222979 Traveling on Business

Technology has long evolved in every aspect of life, whether at work, school, or home. Its advancement has impacted many […]

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Traveling on Business

Technology has long evolved in every aspect of life, whether at work, school, or home. Its advancement has impacted many industries, such as finance, healthcare, security, and others just to mention a few.

In due time, technology also evolved in the travel industry. Thereby providing easy means through which flights, hotel rooms, tours, and other traveling activities can be booked; even trip plans can be done through a mobile device. So tell me why you would not like to travel with all the ease that comes with traveling.

Traveling is a once-in-a-lifetime experience for every individual that partakes in it. Likewise, for entrepreneurs, traveling plays an even greater role in impacting their business.

What travel will do for you:

  • Builds good communication skills
  • Improves one’s ability to collaborate and negotiate
  • Cultural awareness
  • Promotes good decision-making
  • Improves your time management skills, and so on

Nevertheless, it is important to note that entrepreneurship involves a lot of responsibilities. There are a lot of activities that come with running a business, but still, it is significant to make time to travel around the world.

Why should business leaders make time to travel the world?

It is essential to know that being in a static position as a business leader in terms of knowledge, expertise, and social network will not improve the growth of your business. That is why you have to include traveling in your business agenda, which would assist you in meeting and interacting with other social networks in the view of bringing in new ideas.

Let’s check out 5 lessons business leaders will learn from traveling:

  • Using body language in aiding sales

A first impression is formed within a few seconds and is heavily influenced by your body language.

In all business interactions, first impressions are crucial. Once someone labels you as trustworthy, suspicious, powerful or submissive, everything else you do is viewed through this lens.

When you are liked, you will be seen for what you are, and when you are disliked, all you do will be suspected. Studies have shown that nonverbal cues (body language) are four times more influential than verbal cues. When traveling to a new country for business or pleasure, research their culture to understand how your gestures will be perceived. If you put in the effort to understand people, you will most likely connect with them.

Then you should be able to relate it to your business and how you can improve customer service.

  • Developing valuable relationships

Do you know that traveling fosters unique relationships?

Whether you travel on a business trip or personal vacation, you get to meet some amazing people who might become your best friends, your coffee date partners, long-lasting clients, and trusted chefs.

Traveling teaches you how to embrace valuable relationships in your life and business exactly as they are, however flawed or different from your expectations they may be. You learn that every friendship or acquaintance you have adds something special to both your life and business, so you don’t waste time trying to change or control it.

When you travel, you will interact with more people and gain insight into the city, culture, and people, but more importantly, you will learn what their personal “pains” are and how you can relieve them through your business.

  •  Exposure to Ambiguity

Creating a business is all about dealing with ambiguity, you’re signing up for a truckload of unpredictable and mysterious events.

  • Will this business work?
  • Is this year going to be a profitable year?
  • Is this investor trustworthy?
  • What do you think about the ambiguity?
  • Are you afraid of it, or are you embracing it?

While traveling, you can gain good experiences with how you handle challenges. This is because of the unexpected and unpredictable events that occur while travelling; how you react to those challenges, just as when faced with unprecedented situations in your business, determines your success.

  • Creates Time to Reflect

Taking calls or responding to emails when you should be sleeping doesn’t make you a better entrepreneur. Likewise, how devoting every minute to your business can prevent you from reaching your full potential.

The effects of workplace burnout are real, and they can hurt your success. Stress and sleep deprivation can be detrimental to your life and business’s success.

Thus, taking a few days off will help you avoid burnout. Look for a place where you can relax and open your mind to new ideas. Vacations offer your mind the break it needs. Otherwise, you risk making bad business decisions.

Also, traveling will help take you back on your feet and will give you time for reflection. There’s nothing wrong with taking your time and reflecting on what you’re doing in both your professional and personal lives.

  • Re-evaluate your Business

Your opinions and beliefs about your business and life, in general, are re-evaluated when you travel. It is easier to connect with others if you have a more flexible mind than if you hold rigid notions about the world.

Taking trips gives you a better understanding of what people around the world are interested in. Explore how your business model can benefit from interacting with different cultures.

It’s important to never stop looking for new solutions in your business, and you should always be curious about what’s going on. Your employee benefits program might need improvement, or your marketing may be outdated. You’ll always learn lessons on the road, but you never know what they will be.

Meanwhile, traveling also has a few negative impacts on businesses. Just as the saying goes, there’s nothing that has an advantage that doesn’t have a disadvantage.

This is an educational article that would delve into the two-part impact of traveling so that business leaders become cognizant of the impacts travel has on them and their employees, also placing both impacts on priority.

Here are 3 drawbacks that traveling has for business

  • It can be Expensive

There’s no doubt that traveling can be quite expensive even when some bills are covered by the business or company, talking about plane tickets, taxis, and hotel bookings.

Rather, traveling in relation to business should not be perceived in the context of cost alone, but the aspect of revenue income, operations, and human impact should be considered.

  • Lack of Risk Management

Lots of businesses do not anticipate nor plan ahead for risks that could happen while traveling, this they end up lacking proper management of those risks when they occur.

There are different threats that travelers could face while traveling. These risks include contracting dangerous diseases, breaching cybersecurity codes, flight crash cases, and being detained.

  • Well-being and Health Risk

It has been observed that the majority of people that travel on business trips or vacations rarely follow their normal routine and thus have to go through a totally new routine.

Let it be known that this could pose a threat to employees’ health and well-being due to the fact that they are trying to make the most of the travel period.

Conclusion

All things considered, it seems reasonable to assume that traveling and entrepreneurship go hand in hand. They both start from a point and grow to a level of professionalism.

You shouldn’t deny the fact that traveling is a research process that helps to bring fresh ideas to your business on the journey of professionalism.

In other words, as a business owner, there are certain things that you need to put in place if you want the right impact of traveling in your business.

Most importantly, you should stop trying to minimize the cost of travel due to the effect it has on the business and employees — rather remember the increase the return on investment(ROI) of business travel will be for your company or business.

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