Crypto Influencers Raking in $60K Per Post, With Almost No Disclosure
Blockchain detective ZachXBT has revealed that more than 200 influencers have been charging thousands of dollars, sometimes as much as $60,000 for a single post, to promote token projects.
However, what is more worrying is that fewer than five out of over 160 accepted deals bothered to disclose their promotions as ads, raising serious questions about transparency and potential market manipulation.
Crypto Influencers Raking in $60K Per Post, With Almost No Disclosure
Blockchain detective ZachXBT has revealed that more than 200 influencers have been charging thousands of dollars, sometimes as much as $60,000 for a single post, to promote token projects.
However, what is more worrying is that fewer than five out of over 160 accepted deals bothered to disclose their promotions as ads, raising serious questions about transparency and potential market manipulation.