In the fast-paced world of cryptocurrency and blockchain, where connections can make or break a project, Kyle Samani, Managing Partner at Multicoin Capital, recently shared what he calls "the single highest leverage piece of tactical advice for founders." In a tweet that's garnering attention from entrepreneurs across the board, Samani points to an article by Auren Hoffman on Substack titled "The Only Right Way to Ask for an Intro (Everything Else Is Wrong)."
For those building meme tokens or diving into decentralized finance (DeFi), this advice couldn't come at a better time. Meme tokens thrive on community, hype, and strategic partnerships, often requiring intros to investors, influencers, or tech collaborators. Let's break down why this matters and how you can apply it in the crypto ecosystem.
Why Introductions Are Key in Crypto
In traditional startups, a warm introduction might lead to funding or mentorship. In crypto, it's even more amplified. Think about it: meme tokens like Dogecoin or newer ones on Solana often explode thanks to endorsements from big names. Multicoin Capital, known for backing projects like Solana and Wormhole, understands this dynamic. Samani's endorsement of Hoffman's guide highlights how proper networking can turn a fledgling idea into a viral sensation.
Hoffman's article stresses the "double-opt-in" method, where both parties agree to the connection. This isn't just polite—it's efficient. In crypto, where scams and rug pulls are common, trust is everything. A forced intro could damage reputations, something no founder or VC wants.
Breaking Down the Rules for Effective Intros
Hoffman lays out clear rules to avoid common pitfalls. Here's a simplified rundown, tailored for crypto founders:
Rule #1: Ensure the Target Wants to Meet You. Before asking, ask yourself: Does this VC, influencer, or developer benefit from knowing about my meme token? For example, if your project integrates with Solana's ecosystem, approaching someone like Samani makes sense because Multicoin has skin in that game. Offer value—maybe shared community insights or tech synergies.
Rule #2: Keep the Connector Happy. The person making the intro (the Connector) only wins if both sides are thrilled. In crypto circles, where Twitter (now X) threads and Telegram groups buzz with deals, a bad intro can tarnish their cred.
The article outlines a five-step process: the ask, the forward, the reply, the connect, and scheduling. Stick to email for asks—it's forwardable and professional. Avoid DMs on X or LinkedIn; they're not ideal for this.
A Good Example for Meme Token Founders
Imagine you're launching a new meme token inspired by internet culture. You want an intro to a top influencer. Hoffman provides a template:
Subject: Intro to [Influencer's Name] – Meme Token Collaboration
Body: "Hey [Connector], can you intro me to [Influencer]? My project [Token Name] aligns with their content on viral trends, and we've got overlapping communities (e.g., 50k shared followers). I'd love to discuss a shoutout or partnership. [Your LinkedIn or X Profile]."
This is short, value-packed, and easy to forward. In the meme world, where speed is key, this could lead to a quick pump or legit partnership.
Common Mistakes to Avoid in the Crypto Space
Hoffman's "Bad Ask Hall of Shame" is gold. Don't ask for intros to unreachable stars like Elon Musk without massive value. Skip texts or apps—email reigns supreme. Always include your creds; in crypto, link your project's whitepaper or GitHub.
For meme tokens, a big no-no is spamming intros without substance. The space is noisy; stand out by being genuine.
Applying This to Your Blockchain Journey
As someone who's covered crypto at CoinDesk and now digs into meme tokens here at Meme Insider, I've seen how poor networking stalls projects. Use this advice to connect with VCs like Multicoin or influencers in the Solana meme scene. It's not just about raising funds—it's building a knowledge base of contacts that propel your token forward.
Samani's tweet has sparked replies from the community, like one emphasizing emotional control in markets or turning idle treasury into revenue. It shows how universal this advice is, even in volatile crypto.
Ready to level up? Head to the original tweet or Hoffman's article and start crafting those intros. Your next big break might be one email away.