How to Read Crypto Press Releases and Token Announcements Critically
Photo: Blockchain Reporter
Quick Answer: A crypto press release is an announcement a project writes about itself and pays to distribute. The major wire services disclaim responsibility for the accuracy of releases in their terms, and crypto-focused wires sell distribution packages that place releases on partner news sites, so a release that appears on dozens of outlets shows that a distribution package was bought, not that each outlet checked the claims independently. Before acting on one, confirm partnership, listing, audit and insurance claims on the named partner’s, exchange’s or auditor’s own channels, check who holds the tokens and when they unlock, and treat…
Source: Blockchain Reporter
