What is the CoinMarketCap (CMC) Community?
The CoinMarketCap (CMC) Community is a social media website designed for cryptocurrency fans.
The Long Definition
The CMC Community is a social media platform for everything crypto. It was built and is supported by CoinMarketCap, a website that tracks the price of crypto assets and blockchain projects. CMC was founded in May 2013 and has gone on to become the most popular price-tracking website in crypto.
Why was the CMC Community built?
In short, social media platforms provide opportunities for users to interact with like-minded people and form communities. Within these communities, members can share opinions, gossip, and the latest news on their favorite topics.
CMC was built to be a Web3-oriented social media platform. To that end, users can find everything from news about new blockchain projects to tips and tricks about metaverses or blockchain games.
You can find communities around cryptocurrency on Facebook and Twitter. But these platforms aren’t exactly built around crypto. This brings several challenges.
For one, there’s too much noise. Crypto fans on these platforms are exposed to news and posts on topics other than tokens, coins, and blockchain. These are things they may not necessarily be interested in.
There is also the issue of censorship. Twitter has banned or suspended many crypto accounts for their opinions. It is still banning accounts and will likely continue to do so.
Generally, conventional social media websites don’t provide the best environment for crypto fans. And things don’t look like they will be changing anytime soon.
This is the premise behind the CMC Community. It is a social media website that’s all about cryptocurrencies. It provides a dedicated platform for crypto lovers to interact and talk about all things crypto.
What makes the CMC Community a good platform?
For crypto fans, the CMC Community comes with several advantages over other social media platforms. These are:
One place for everything crypto
The CMC Community is a platform built for the crypto community. It’s full of accounts belonging to fans, projects, and news outlets in the space.
So within the CMC Community, you can find all the latest gossip, project updates, and news releases. This makes it the one place where you can conveniently find crypto talk.
CMC Community is all about crypto. There are no other topics or media being shared on the platform. So, you don’t have to deal with unwanted content popping up on your feed. This allows you to freely explore crypto topics without distractions.
Furthermore, you’ll only receive notifications on stuff you’re following.
Big social media platforms are quite unforgiving when it comes to censoring accounts. All it takes is one post that doesn’t sit well with the right (or wrong) person. This is one of the biggest criticisms of centralized entities.
The CMC Community is different. The platform doesn’t censor its members. But users are required to practice basic human decency. No foul language, insults, and discrimination of any kind are permitted.
It’s also working on decentralization to prevent control of the platform from falling into the hands of a few people.
The CoinMarketCap Community is smaller than mainstream social media platforms. And, as discussed earlier, there is no noise. These two factors make it easier to stand out and get seen. You can share your opinions, analysis, and memes, and people will notice you.
How do I join the CMC Community?
You can join the social media platform by creating a CoinMarketCap account. This can be done directly on the CMC website or app.
Once you have an account, you can use it as you please. You can post and comment on posts from other users. You can also follow accounts, read articles, and change your username and avatar.