Published
Friday, August 8, 2025
Why KOLs Matter in Web3 (and How to Pick the Right Ones)
Why Key Opinion Leaders Matter in Web3 (and How to Pick the Right Ones)
Paid ads can still help, sure. But in crypto, people follow people, not banners. The builders, analysts and community leads who show their work in public are the ones who shift behaviour. That’s why the smartest Web3 teams lean into KOL campaigns (done properly) instead of trying to brute‑force reach.
If you want hands‑on help with this, our KOL Campaigns service is built for crypto‑native audiences.
What makes a real KOL?
A big follower count isn’t it. Look for:
Proof of judgement: They read docs, explain trade‑offs, and say “no” when something’s off.
Community gravity: They host AMAs, answer hard questions, and manage healthy debate.
Teaching chops: They turn complex stuff into clear, useful content.
Consistency: They show up between hype cycles.
Why KOLs beat faceless ads (in this market)
Trust compounds. Crypto natives care who said it as much as what was said.
Long‑form wins. Threads, walkthroughs and livestreams carry nuance that a banner never will.
Faster feedback. Comments and DMs surface objections you can fix today, not next quarter.
Fit > fame
Smaller educator with real dialogue > mega‑account with passive likes. Prioritise:
Audience match. Do their followers overlap with your ICP (DeFi power users, NFT traders, builders)?
Track record. Were past takes accurate? Did the projects they backed hold up?
Engagement quality. Are replies asking technical questions, or just emojis?
Reputation. Any history of pump‑and‑dump, ghosting, or undisclosed promos? Hard pass.
A lightweight KOL scorecard (25 pts)
Score 1–5 on each. Shortlist ≥18.
Relevance (audience–product fit)
Depth (analysis, not vibes)
Integrity (disclosures, no obvious cash‑grabs)
Engagement quality (comments worth reading)
Reliability (shows up, meets deadlines, helps after the post)
Pro tip: ask for 3 past posts with analytics and one they wouldn’t do again (and why). The second answer tells you everything.
Due diligence that actually matters
Read the last 30 posts. Topics, tone, sponsored vs organic, follow‑through.
Sample the comments. Real questions vs engagement pods.
Cross‑channel. X is great; Telegram/Discord/Substack tells you if they can hold a room.
Conflicts. Any advisory roles or allocations? Fine, disclose and align.
Pay structures that keep it honest
Flat + performance kicker. Base fee + bonus tied to qualified actions (e.g., testnet tasks completed), not price charts.
Advisory/long‑term. Small allocation with vesting and recurring deliverables.
Creator packs. A 6–12 week arc (threads + livestream + follow‑ups) to build familiarity.
Red flags
“Send copy, I’ll post.” • No receipts for past work • Refuses to disclose • Only appears when something’s pumping.
Your one‑page brief (steal this)
Goal: e.g., 500 qualified testnet users in 30 days
Audience: DeFi users on L2; comfortable bridging
Angle: Risk transparency, audits, threat model, limits
Deliverables: 2 threads + 1 livestream + 2 follow‑ups (4 weeks)
Measurement: UTMs, on‑chain events, post‑content survey
Guardrails: Full disclosure, no price calls, technical claims link to docs
Bottom line: In Web3, trust is the asset. Choose KOLs for judgement, not just reach, and your signal will compound.