Before entering the market, any internet project undergoes testing with focus groups and volunteers, and blockchain products are no exception. Creators need to test the functionality of their project and attract initial users. The concept of a "whitelist" is closely tied to these circumstances.

What Is a "Whitelist"?

A "whitelist" refers to a list of people who are allowed early access to purchase cryptocurrency or test a product to contribute to its development. To join such a list, one must complete a specific task.

Cryptocurrency projects often have substantial funding and aim to implement innovative solutions, which is why participation in a "whitelist" attracts crypto enthusiasts and those looking to earn money.

How to Get on Such a Whitelist

Typically, the process looks as follows:

• The company announces a contest or similar event on its social media platforms, through which candidates for the whitelist are selected;
• The user completes the required task—such as sharing a post, liking it, or performing another action specified by the rules;
• After some time, the company summarizes the results and publishes the list of winners.

You can learn about such promotions on specialized portals that publish daily updates about coin listings and promotional campaigns.

What Are the Benefits of Being on a "Whitelist"?

Users can receive three types of benefits:

• The opportunity to purchase tokens among the first—usually with a limit on the number of coins per person;
• Tokens are sometimes distributed completely free—projects give away a small number of coins to each member of the "whitelist";
• Early access to mining or testing network features.

What Is the Purpose of Whitelist Selection?

A cryptocurrency project attracts new users and gathers feedback on its product's performance. However, the primary goal is to create hype around the new token. If the buzz is successful, the token sells out entirely, creating scarcity and driving up its market price, yielding incredible profits for its holders.

Which Social Media Platforms Host These Contests?

The list is ranked by relevance for such publications: Twitter, Discord, Instagram, YouTube, Facebook, and others.

Be prepared that participation may require creating a short video in English, designing graphic artwork, completing surveys, or joining referral programs to recruit new participants for the project.