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How long should you allow yourself to launch your crypto project?

8 min read
Apr 22, 2022

So, before we start let’s clarify the fact that there’s obviously going to be a tonne of variables. The time you allow yourself is therefore going to depend a great deal on the complexity of your project, where you are in development, the experience of your team, and last but no way least, the budget you have at your disposal. In determining our vague timeline we’re going to make some basic assumptions first. Let’s start by assuming that your team is in place, you’ve all been around the blockchain before, and that you’ve got a beta system up and running, a few bucks in the bank, a legible if wordy whitepaper, and the first sprinkling of social media and industry interest. If you haven’t got the full checklist ticked yet, then you can add some time to any prediction we come up with.

Save the day

When planning it’s always better to start in the future. So get your calendar out and stick in a pin on a future date. Let’s begin by choosing something in the region of six months ahead. This is just a provisional date, and it won’t be set in stone. Now, scan that whole month. Is there anything about it that jumps out? Does it include any national holidays, religious festivals, or legally or financially important dates like tax deadlines, national elections, or the like? All clear? Good. Ok, so let’s aim for the start of the month. The start of the month is always the best time to launch something, don’t fight your calendar, work with it. Once you have settled on a specific date, also choose a specific time. Morning is usually best, although there are exceptions and of course, if your project has international appeal, you’ll need to decide on the best Time zone to focus on. For true global projects, around 8 or 9 pm GMT is usually a good place to start. This is a time when most of the world will be awake and active to some degree.  If your project is a national one, then obviously you should choose the best local time. Let’s assume for now, however you’ve chosen 9 am GMT on the first Monday of the Month for your launch.

Setting up your project diary

The key to a successful launch is organization and it’s essential that you know if your project is on track. To achieve this, you’ll need to set up a series of checkpoints.  Working backward from your provisional launch date you add a checkpoint on the last Thursday afternoon of each month.  The reason to choose Thursday is to give you and your team the chance to address anything you’ve missed. You can call the checkpoints anything you like, but since each of them will have a specific function it’s a good idea to make it obvious where you are.

Assign tasks:

Set the first checkpoint in your launch diary for the last Thursday of the month. Call it anything you like but the point of this checkpoint is to make sure everyone is assigned a role and understands their part in the plan. This is the assigned task checkpoint.  During this meeting, it’s essential that everyone not only understands their part in the plan but that everyone also has a copy of the plan.  Synchronize watches, Google calendar, and make sure everyone knows what’s coming.

Operational check:

The next checkpoint should be set for the end of the second month, and this is the operational checkpoint. At this stage, you should either have a working beta system or a plan to have one in place by the next checkpoint. You should also make sure to listen to any and all concerns and collectively decide if you’re still on track for your proposed launch. It’s important to note too that at this stage you can still move your launch date because you haven't even announced that publicly yet. That hurdle is the point of the next checkpoint.

Public announcement:

Set the date for the announcement checkpoint for the last Thursday of the third month. By now, you should have a dedicated team all on the right track, a working beta and the confidence to know if you’ll be ready to launch on time. Obviously, if there is any issues you can’t overcome by the weekend then you can delay your launch if need be. If everything is going to plan though, the next checkpoint should focus on social media, the press, marketing, and promotion. Once again set the date for the last Thursday of the month and make sure everyone has a clear role.

Penultimate check:

This penultimate checklist serves a double purpose. First and foremost, you need to ensure that everything is working as it should. Triple check all the technology, infrastructure, legality, finance, and red tape and tick them all off one by one.  It’s also important at this stage that you highlight any key publications, websites, press, influencers, content creators, social media platforms, and strategic partners you wish to reach, even if you’ve already contacted some of them. At this stage, it’s also worth considering moving the launch date if you feel you want more time. Remember, the closer you are to launch the worse the delays sound.

Pre-launch check:

If everything has gone to plan, the last checkpoint should take place on the last Thursday of the final month, and this is where the plan comes together. If you’ve stayed on track, this last checkpoint is an opportunity to quadruple-check the launch details, crack the champagne open, thank your team, and get ready to light the fuse come Monday morning.

Liftoff

Of course, six months is an arbitrary number, some projects are far more complex and will take longer to wrestle into shape, while others are simple enough to launch in a month. The key to remember is that you know your project better than anyone and you will know what timeframe suits best.

Tim Haldorsson
CEO
CEO of crypto and Web3 marketing agency Lunar Strategy, involved in the crypto scene since 2017. Provides forward-thinking Web3 marketing insight as a contributor to Cointelegraph, Rolling Stone, Daily Coin, NFT Plazas, and Finance Magnates.
Jack Haldorsson
CMO
CMO at Lunar Strategy. Been in the crypto space since 2017. Jack leverages his know-how of the blockchain ecosystems and strong KOL relationships to execute result-focused strategies that amplify brand storytelling, drive awareness and grow the project sustainably with the help of Influencer relations.
Adam Westerén
Head of Sales
Adam's passion is to create self-sustainable communities in the Web3 world. He enjoys when you create a Web3 community that can grow by itself. This is what he does in his current role as Head of sales.
William Rejström
COO
As a Community Manager at Lunar Strategy, I'm passionate about finding new ways to connect people, add value and build strong community relationships.
Shann Holmberg
COO
As head of growth at Lunar Strategy, I understand the significant shift away from traditional marketing strategies that Web3 projects require.
Nick Ballanutsa
Crypto Content Creator
Crypto Content Creator, Nick is creating engaging Twitter threads & posts for leading crypto & NFT companies.
Vide Haldorsson
Influencer Manager
Influencer Manager at Lunar Strategy.
Johnny Pedro
Head of Partnerships
Head of Partnerships at Lunar Strategy, creating win-win solutions for Web3 companies. You might have heard his music on Tomorrowland from his previous ventures in the music industry.
Jarrod Frankel
Head of Community
Jarrod is responsible for the teams that provide both engaging social media content and enticing and informative articles for our clients.
Tayler McCracken
Editor at Coin Bureau
Tayler McCracken is the Editor-in-Chief of the Coin Bureau, a leading publication that provides cryptocurrency education.
Vineet Nair
Writer
As a web3 storyteller, Vineet brings a wealth of experience in content, journalism, and management, with hands-on knowledge of metaverses, NFTs, AI, and finance.
Hassan Shafiq
Lunar Strategy
Lunar Strategy.
Mairead Finlay
Writer
British writer specialising in NFTs, luxury lifestyle & travel based in Portugal. Previous publications include Business Insider, LoveEXPLORING, The Guardian and My French Country Home Magazine. Previously the SEO Editor of tech & startup website TechRound.
Sandra Vukovic
Content & Marketing Specialist
Content & Marketing Specialist at Lunar Strategy.
David Kevin Jeppesen
Lunar Strategy
Raised in the spring of technology, solving problems and finding simple digital solutions is part of my nature. I’m a teachable individual who is always eager to learn and develop as a person.
Julieta Ose
Crypto Content Creator
Crypto Content Creator at Lunar Strategy.
Gino De Graaf
Google Ads Specialist
Google Ads Specialist at Lunar Strategy.
Sam Runge
Media Manager
Lunar Strategy.
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