Public relations in crypto should be about transparency and credibility. Startups hire PR agencies to amplify their message, build trust with investors, and reach audiences through respected media outlets. But too often, the industry is riddled with agencies that promise visibility yet operate with zero accountability. Failed PR firms take advantage of both clients and publishers, hiding behind vague contracts, inflated claims, and a complete lack of transparency.
One of the clearest examples of this growing problem is CryptoTicker’s direct experience with Chainwire.
Why You Should Avoid Chainwire?
Chainwire, a PR distribution company founded by Nadav Dakner and based in Israel, claims to offer premium crypto press release distribution across outlets like CryptoTicker and other top-tier media. But behind this promise is a trail of unpaid publishers, ghosted partners, and excuses designed to avoid accountability.
CryptoTicker’s direct experience proves it: after delivering 18 published press releases for Chainwire, we were left with zero payment. Instead of owning up, Dakner brushed it off as a “test” before vanishing. One PR might be a test—but 18 live campaigns? That’s not a test, it’s exploitation.
Chainwire Scam: How CryptoTicker got Scammed?
Chainwire markets itself as a premium PR distribution platform. Their pitch is simple: send your press release to Chainwire, and they’ll get it published across top-tier outlets like CryptoTicker, partners, and more. On paper, it sounds like a professional solution for crypto projects seeking credibility.
But when put into practice, the story is much darker.
Our team worked with Chainwire and successfully delivered 18 press releases on CryptoTicker’s platform through them. The articles were written, published, and live. The campaigns had reach, visibility, and measurable value. Yet despite holding up our end of the deal, Chainwire never paid a single euro in return. Screenshot from the dashboard shows exactly what we were left with: €0.00 across all orders, all time.
Excuses, Deflections, and Ghosting
When confronted, Chainwire’s founder, Nadav Dakner, brushed off the 18 published campaigns as nothing more than a “test.” That excuse doesn’t stand up to scrutiny. A single PR might be a test. Eighteen campaigns, live across months of work, cannot be reframed as trial runs.
After this excuse came silence. Chainwire ghosted, cutting off communication and leaving us with unpaid work. This isn’t just unprofessional—it’s exploitative. It shows a pattern where publishers are drained of resources and trust, while clients unknowingly continue to fund the scam.
Warning: FinanceWire Could Be the Next Trap
Adding to the alarm, Nadav Dakner is now building a new platform called FinanceWire. On paper, it looks like another PR distribution service—only this time targeting finance more broadly.
But let’s be clear: if Chainwire is any indication, FinanceWire should be treated as a major red flag. If a founder has already scammed publishers and ghosted partners once, what guarantees are there that the same behavior won’t repeat? None.
FinanceWire looks less like a fresh start and more like a rebrand designed to escape Chainwire’s bad reputation.
The Larger Issue: PR Agencies Without Transparency
Chainwire isn’t just one bad actor. They represent a deeper issue with failed PR agencies in crypto. Here’s the pattern we’ve seen:
- Overpromise: Agencies claim they can get coverage on top outlets, often exaggerating partnerships.
- Under-deliver: Results fall short, or worse, they shift responsibility back onto publishers.
- Exploit publishers: Writers and media outlets do the heavy lifting, only to be left unpaid.
- Ghost when accountable: Once confronted, these agencies vanish, leaving no recourse for victims.
This lack of transparency creates a toxic cycle. Startups think they’re paying for credibility, publishers provide real services, and PR agencies pocket the difference while burning bridges.
Why This Matters for Crypto’s Reputation?
Crypto already fights an uphill battle against scams and frauds. Every shady PR deal makes it harder for legitimate projects to be taken seriously. When a company like Chainwire scams publishers, it isn’t just one business relationship gone bad—it undermines the integrity of the entire ecosystem.
Trust is the currency of PR. Without it, the entire model collapses.
What Companies and Publishers Should Do?
- For Startups: Always demand clear proof of partnerships before hiring a PR agency. Don’t take “guaranteed placements” at face value.
- For Publishers: Never agree to mass PR distributions without upfront payment or escrow. Protect your time and resources.
- For Watchdogs: It’s time for regulators to look into PR services that exploit both sides of the industry while presenting themselves as gatekeepers.
Final Word: Why Chainwire Should Be Avoided?
Our experience with Chainwire is a cautionary tale. Despite delivering 18 press releases, we were never paid. The excuses were laughable, the communication dishonest, and the final outcome was silence.
Chainwire, led by Nadav Dakner, has shown itself to be a textbook example of how failed PR agencies exploit both publishers and clients. Until proven otherwise, they should be treated as a scam operation.
The crypto industry deserves better than agencies that drain trust while hiding behind flashy websites and fake promises. Until accountability is enforced, the best defense is vigilance. And when it comes to Chainwire, the safest move is simple: stay away.
Source: https://cryptoticker.io/en/chainwire-scam-alert-why-this-pr-agency-should-be-avoided/