You’re in a Crypto Chatgroup. Here’s how you make it last.

Alty.com
5 min readOct 20, 2022

Alty has thousands of crypto chatgroups using the Alty Chat Bot and we have looked at the best groups to better understand what sets them apart. Firstly we have to look at active chatgroups as several strings of constantly surfacing conversations with a lot of overlap. Then we have to find out what sparks a conversation because we’re going to need a lot of them, every day. But even if lots of conversations and topics are sparked every day, making them high enough quality to warrant replies is critical.

The cycle goes like this

  1. There is new information of a very high quality. If it isn’t public knowledge, it’s mentioned in the chatgroup before the majority of people have checked the latest new alerts.
  2. If there is an element of surprise, it will spark opinionated interest and it’s the opinions that matter the most.
  3. At this point it is critical for a counter-conversation. One piece of information and some opinions isn’t enough and this is why any group admin needs partners in the chatgroup to bounce off. It’s specifically these people that need to add more information — they need to add more fuel to the fire.
  4. The periphery of the chatgroup are validators and they won’t have a very active role in the content but they give clout to the chatgroup leaders. Create enough clout from more than one perspective and you have yourself a discussion.
  5. Finally, the incentives.

Alty’s best chatgroups are made up of 5–10 incredibly knowledgeable and timely members, the ones constantly adding golden nuggets of information to the chat. They are completely supported by 20–30 members that give clout. The result is that a chatgroup lead will ask about the latest news on a token, the bot will deliver five of the most relevant articles and then the counter conversation starts. Some members will use the bot to add live prices to the conversation because they need to check that the article matches reality. Clout members step up and start digging at the numbers and it’s this perfect mix of live information, well-informed leaders and clout-members that keep that topic going.

The best bit is that group leaders can thank (incentivise) clout members by tipping them there and then. It goes without saying that the whole chatgroup can use the Alty Chat Bot to tip the leaders too but it’s by keeping the micro-transactions going that sets the tone.

It strikes best when some of the leads are dropping live information whilst a conversation is going because of the asynchronicity of chat.

The top groups move through five stages:

Stage 1️⃣ Friends: A group of friends that talk crypto but without anyone spearheading a conversation (so the group is sporadic at best). Without that lead person, there isn’t anyone to kick off conversation and the groups remains where it is. The key here is to add more high quality contributors.

Stage 2️⃣ The Cave: The group of friends gets a bit of traction and members start inviting other people in. There is a critical fork in the road here. Either the original members stay and embrace the newcomers or they don’t. If the original members don’t accept the newcomers with open arms, they will most likely stop contributing and newcomers won’t understand why the group is embarrassingly quiet. If, however, the newcomers are given time, space and the opportunity to grow, they can either add new information or, at the very least, some clout. This is the start of a healthy chatgroup with some real potential.

Stage 3️⃣ Desert Island: Out of 250 people, 5 people deliver over 50% of all content. Another 10 people deliver running commentary. The great proportion of the people in this group will check in once daily but won’t deliver consistently. The five strongest people fact-check one another and add invaluable insight to invaluable insight. The next ten contributors are the active community that add enough commentary to motivate the original five to continue finding nuggets of information.

Stage 4️⃣ The Money Maker: Everything past 500 members isn’t about a group of friends anymore — it’s several cliques all working their own conversations in front of other cliques also having their own conversations. This is where we host a lot of our Premium groups. The owners set up a paywall so that you can only join if your application is accepted and you then agree to stake a certain level of crypto. This is where these owners get community management tools so they can find their best contributors, incentivise others and deliver true value to their following.

The reality is that some admins use the tools to monetise with almost full automation. The best groups enjoy a critical mass where admins can step back because there is enough talent for them to not need to keep the conversation moving.

5️⃣ Spam Groups: It happens eventually. If you don’t have the tools to manage your community you are essentially a spam group. Too many people, too many messages. Even the best brands have great Discord communities that they’re not really managing. The admins are in fact there to moderate most of all. Rather than finding members on the Alty Dashboard, the admins are manually booting people out of a group… Repeatedly. Forever.

Top 5 contributors in the chatgroup for a well-known cypto news website. The administrator is in green, the first bot is blue and the second bot is the pink. There are other contributors but proportionately they deliver so little that we can’t see it in the graph above.

So there is a real balance to be found using the tools that will empower you before you drown.

Out of a sample of 10,000 chatgroups

📊Over 9,000 are Spam Groups

📊About 90 are Money Makers

📊Only 5 are Desert Islands

📊Only 5 are Caves

The rest are all Friend groups

Add the Alty Chat Bot to as many of your chatgroups as you like today and use all of the automation tools, staking walls, live news and pricing feeds to your advantage.

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Alty.com

Making chat more functional - Making Crypto More Social.