Why Your KOL Campaign Got Views but No Users

Crypto teams keep paying for KOL posts that get views and no sign-ups. Eight reasons it happens, how to tell which one hit you, and what to change next time.

Portrait of Serhii Krutko

Serhii Krutko

Head of Marketing at Oznaka

Why Your KOL Campaign Got Views but No Users

We had 30 calls with different teams in the last two months. Most had already run at least one KOL campaign. And all of them had pretty much the same experience:

  • A 40-creator campaign, millions in views, three actual users.
  • A clipping campaign with 16 million views, seven paying users.
  • A small short-video UGC campaign, more than a million views, one sign-up.

None of these teams were careless. They picked creators with real-looking audiences, paid market rates, and got the posts they paid for, along with the views. But almost none of the users came.

There's rarely just one reason. Below are the eight we hear most, collected from our own experience, calls, and public discussions among crypto marketers, plus a quick way to tell which one hit your last campaign.

Eight reasons a KOL campaign gets views and no users

1. Many of the views weren't real

Views and likes are the cheapest metrics to inflate on X. Tools that score crypto influencers report the likelihood of engagement being faked and bots being used. Bots don't sign up. If a large share of campaign impressions came from them, the campaign was smaller than the dashboard said.

2. The audience was real, just not yours

This one is harder to see. The creator may be real and organic, but his audience may be into other things. We've looked at large crypto accounts where less than 8% of followers showed any interest in the niche the client sold into. A post can reach 200,000 real people and still miss the 2,000 who would use your product.

3. You bought awareness and measured conversions

Some accounts are good at making a project look credible. They can be weak at driving users because they build their audience around general talk, memes, or anything else. That's fine if you planned for it. It becomes a problem when a campaign is staffed for awareness and judged on sign-ups.

4. One post

People rarely deposit money after a single mention from someone they follow. They need to see the product a few times, from a few people they trust. Buying 1-2 posts from creators typically works for awareness or to support a short-wave hype, but not to drive meaningful product activity. At least, without any other activities to convert that earned attention.

5. The creator never used the product

We live in the era where AI-written drafts turn into AI-written posts. Finding real, authentic voices is hard.

6. The click went somewhere that doesn't convert

Sometimes the creators did their job, and the leak was on your side. Some users weren’t tracked properly; some had an ad blocker on and couldn’t connect their wallet; some wanted to contact customer support or find a security audit record but couldn’t. UI/UX, trust, and a lot of other things aren’t on the creator’s side.

7. The audience came for an airdrop and left

Reward-driven campaigns can fill a launch with users who disappear the week after. One infrastructure team told us more than 90% of its audience came through a creator campaign, "but most of them didn't stay". Undisclosed shilling also makes audiences more cautious: when ZachXBT leaked a paid promo list in 2025, fewer than five of roughly 160 creators who took the deal labeled their posts as ads.

8. Nobody could tell which creator worked

Without a separate link or referral code for each creator, every result blends together. One team told us its creator traffic "wasn't really attributed" to anyone in particular. Even with links, most teams stop measuring at the sign-up. Formo, an analytics vendor, makes the same point: the steps that show real business value usually "go unrecorded."

Which one hit your campaign?

Start with what you saw in the numbers, then work backward. Most failed campaigns show one of these patterns.

Which one hit your campaign?
What you sawLikely causeHow to check
Big view counts, very few repliesBought or boosted views (1)Compare views, likes, and replies on the same posts, and check the creator's history for spikes
Lots of replies, almost no clicksBots, engagement pods or raid groups (1)Open a dozen reply profiles. Real people in your niche, or the same accounts that reply to everyone?
Clicks from people who never sign upWrong audience (2, 3) or a weak landing page (6)Look at where the traffic came from by country and device, test your landing page
Sign-ups that never use the productNo reason to start now (6), or reward hunters (7)Compare activation rates by creator link. If one creator's users all stall, it's the audience. If everyone does, it's the onboarding
Users who leave after the rewardAn audience that came for the airdrop (7)Track retention by creator for 7 and 30 days, not just sign-ups
No idea which creator did whatNo per-creator tracking (8)You can't fix this one after the fact. Set it up before the next campaign

If you can only check one thing, read the replies under the posts you paid for. It takes ten minutes, and rules cause 1 and 2 in or out. Our guides on spotting fake influencers and engagement farming go deeper.

How to avoid it next time

  1. Decide what each creator is for. If you want users, put most of the budget into niche creators whose audience already uses products like yours. Add one or two bigger accounts if you also need the project to look credible, and judge them on that, not on sign-ups.
  2. Vet the audience, not just the account. Check that the followers are real, then check what they care about. Our influencer vetting checklist has the full list. The short version: organic replies, niche match and a history of posting about your category.
  3. Brief narrowly. "Crypto traders" is too wide. "People who posted about two or more perp DEXs in the last six months" is something you can search for. Creators who already wrote about your competitors are often the best place to start.
  4. Fix the destination before buying traffic. Show your backers and partners, verify the profile, and give the creator's audience a reason to sign up now: early access, a bonus, a trial before the paywall. Then test the whole path on a phone.
  5. Plan several posts per creator. In our campaigns, each creator posts four times over two to four weeks. A single post is easy to scroll past and easy to forget.
  6. Give each creator their own link, and measure beyond sign-up. Track activation and 30-day retention by creator. That's how you find out which creators to pay again.
  7. Test small before you scale. Start by working directly with one to three niche creators. Smaller creators are also more open to affiliate or referral deals, so you can tie part of the cost to results.
  8. Expect learning in week one, not ROI. A first campaign tells you which creators and messages move your audience. Budget for a second round before you judge the channel.

What we've learned running these campaigns

Creators often tell us they can't guarantee what people do inside a product. Every project has its own onboarding, user experience, scale, and way of solving a user's problem. That's logical, and it's fair.

From projects, we often hear that creators aren't engaged. They don't use the product themselves, don't put effort into bringing people in, follow the brief and nothing more, or can't convince their own audience. Those are fair concerns too.

We sit between the two sides, so we've built our process to connect them. This is what we've learned doing it:

  • Set clear boundaries. We say upfront what we can and can't do. We don't sell hopium. We do marketing.
  • Agree on the goal, and check that it's the right kind of campaign. Sometimes performance metrics can't be tied to influencer marketing at all. The reasons range from a vague ICP, unclear positioning or demand that doesn't exist yet to the simple lack of the right offer to bring people in.
  • Work on the offer. In crypto, audiences are often incentive-driven, and hearing about a product isn't enough to convert them. Love it or hate it, that's how the market has worked for years, and without a strong reason, people don't rush to try something new.
  • Smooth the path from the creator's post to your product. That means the right emphasis in your social communication, analytics, product campaigns that support the social campaign, brief recommendations, and so on.
  • Use data you can't see when checking creators one by one. For example, audience overlap between creators, whether the campaign aims for unique reach or frequency, and how much niche audience each creator really has.

Together, this sets realistic expectations and helps the campaign run more smoothly. If this approach sounds right for you, get in touch, and we'll talk through your specific case.

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FAQ

Some marketers say so, and suggest moving the budget to ads targeted by wallet activity. What has stopped working is picking creators by follower count and paying for one post. Campaigns built on niche creators with real audiences still bring users, as long as the product and the offer are ready for them.

No reliable public benchmark exists, and anyone quoting one without your data is guessing. A better approach is to track your own funnel by creator, from click to sign-up to first real action, and compare creators against each other. For one reference point, a prediction market we worked with got more than 2,000 new users from 18 creators and 72 posts.

For smaller creators, often yes. Many accept affiliate or referral deals, especially when the product fits their audience well. Larger accounts rarely do, so a mix of fixed fees for a few big names and performance deals for niche creators is common.

More than one. We usually plan four posts per creator over two to four weeks, so the audience sees the product several times and from different angles.

Before your next campaign

The cheapest fix is checking the audience before you pay. On X, Oznaka shows whether a creator's replies and reach are organic and what share of their followers care about your niche. If you'd rather hand over the whole campaign, here's how we run them.

Find creators who fit your next campaign.

Start with your audience, your niche, and the outcome you want to achieve.

Find creators

Find creators who fit your next campaign.

Start with your audience, your niche, and the outcome you want to achieve.