SKIPPY UPDATE: Advertising

Good morning I trust you have all been safe and well and enjoyed your weekend, the weather is definitely starting to warm up down under and I really enjoyed a BBQ and beer a change to the cold weather.

Although, when you're trying to organise a start up it can be quite difficult as there seems to be a large chunk of your time spent on planning, assessing and networking. Through that I met a lovely gentleman that runs a number of Facebook crypto groups and pages with a following of around 400 thousand people across all channels.

We got talking around advertising and costs associated which I have with a few other people but I have not been able to secure a contract I am happy with. A large volume of influencers or promoters charge between $US5000 to $US15,000 however, there is no guarantee that you will make that back. In theory this sounds fine however, when you're putting up that much cash you want some protections in place.

One of which is payment after promotion this ensures the influencer is able to achieve the desired outcome, not many are willing to make this deal. After having a discussion with my new acquaintance they were confident in being able to reach the desired outcome and offered 50% payment before and 50% after.

source So you would have noticed that some of the LP I established on PancakeSwap to secure the price has been removed. I used this money to cover the cost of advertising and will provide payment of the rest after the 7 days of advertising is complete.

Unfortunately this has sapped 64% of the LP that I have put up but fingers crossed we will reach our 20 BNB goal and all will be fine. It was a hard decision to make as I have had a lot of people reach out offering advertising however, I can never be sure if they are trying to scam me which is why I would prefer payment after the work is done which is standard in the business world just not crypto.... yet.

source The add campaign will run for 7days and will feature across all pages with significant reach even the advertising team are confident we will reach our target. I am just happy I didn't get scammed which is wonderful as this space can be exceptionally challenging to work in given the sector is mainly unregulated and a lot of the time your flying blind!

BSC Logo update

Unfortunately we received further knockback from BSC that our social media is not active enough for them to apply our image to our token. Which is upsetting as you can purchase engagement so it is not necessarily a precursor to a popular token.

Either way we are still tracking a long nicely and sitting at 1.3 BNB and I am looking forward to seeing if we actually reach the desired 20BNB amount so we can lock our liquidity and move onto the next stage.

Image sources provided. This is not financial advise and readers are urged to undertake their own research or seek professional financial services

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