Most Web3 founders chase 50 publications when 3 would do more. The high-leverage shortlist is one global Tier-1 (CoinDesk, Cointelegraph, or The Block), one adjacent-credibility outlet (Decrypt, Blockworks, or Forbes for tradfi crossover), and one regional flagship in the market you actually want to grow in. Everything else is syndication, not strategy.
Every founder I onboard wants Forbes. Almost none of them need it.
The first thing I do on a new engagement is sit through what I call the "trophy wall" call. The founder pulls up a Notion board with 80 logos - Bloomberg, Wall Street Journal, TechCrunch, The Information, Forbes, every tier-1 crypto outlet - and tells me, "we want to be in all of these, ideally before token launch." It’s an honest goal. It’s also a misdiagnosis.
The trophy wall confuses visibility with velocity. A Forbes contributor piece sounds prestigious. It also routinely converts to less inbound interest than a 200-word writeup in The Block, a single Cointelegraph push notification, or a podcast embed in Rug Radio. The audience matters more than the masthead.
The 3-axis filter
Before I build a media list for any client, I run every outlet through three questions:
- Does the audience have buying power for this product? A Bitcoin-maxi outlet for an L2 launch is a category miss. A YC-leaning tradfi outlet for a memecoin is a category miss. Audience fit beats outlet prestige every time.
- Will a story here unlock the next story? Tier-1 placement triggers tier-2 syndication. A CoinDesk exclusive on a Tuesday becomes 40 derivative pieces by Thursday. A Forbes contributor piece is a closed loop - nobody re-reports it.
- Does the journalist have a beat in our category? Most "Forbes coverage" is a Forbes Council post. Most "Bloomberg coverage" of crypto is one of three reporters. Build a relationship with the actual human, not the logo.
What the 3-pub shortlist usually looks like
For a typical Web3 infrastructure launch with $5M+ raised and APAC ambitions, the actual high-leverage list is something like:
- One global tier-1 with category authority. Usually CoinDesk, Cointelegraph, or The Block depending on angle. This sets the canonical narrative.
- One adjacent-credibility outlet. Decrypt for consumer angles, Blockworks for institutional, Forbes if there’s a tradfi crossover. This validates the story for outsiders.
- One regional flagship. Tokenpost or Hankyung for Korea, CryptoTimes JP or CoinPost for Japan, Inc42 or Economic Times for India. This is where conversion actually happens.
That’s it. Three outlets. Five if you have a regional partnership angle. Nine if you’re pre-token and need launch volume. Forty-five if you’re lying to your investors about traction.
The other 47 are syndication, not strategy
Once you have those 3 anchors, the rest of the press universe re-reports them - organically. CryptoNews, NewsBTC, Crypto Briefing, Coinpedia, Mpost, Cryptopolitan, all of them. They monitor tier-1 outlets and rewrite. You don’t need to pitch them. You need to be worth rewriting, which is a function of the original story’s strength, not your pitch list’s length.
Save the energy you would have burned on a 50-outlet blast. Spend it on:
- Briefing the three journalists properly - as in 90 minutes each, with data, with the founder.
- Localising the story for the region you actually want to grow in.
- Lining up the second story two weeks later, so the first one doesn’t become a one-off.
The trophy wall is a vanity metric. The shortlist is a growth metric. Pick one.