Bitcoin Forum

How does one measure the success rate of a bounty campaign?

To begin with, you should analyze the project itself, whether it will be successful. Will the developers be able to raise money for the launch of the project. And then make calculations.

I think a successful bounty campaign must have many communities, that's the most basic.
and also can be seen in website design, design ANN. If the project is really mean, then its design will be good.

I personally check if the bounty program will succeed by checking the project itself .

1. Will there be a good or actual use in the future ? Is their product or project be useful ?
2. Do they have a good community support ? Tho its okay to have a few members in telegram / followers if you are just beggining .
3. Team showing their effort ? e.g. Going into media exposures , crypto/blockchain meetings/summit anything similar to it .
4. Team showing their actual faces ? e.g Making a live video discussion about their project .

Basically thats my criteria on checking if it will succeed , even if it doesnt 100% work everytime . At least you have an idea on how to spot the best bounty / project out there :)

Firstly evaluate the project in which you wish to participate, because if this project has no worth for community, even the biggest bounty pool will not help. Token you will get for bounty tasks will cost nothing and your work will be in vain. If project is interesting - so pay attention at the amount of participants, duration of program ( the shorter  the bigger reward) and the pool.

Thanks a lot for your input!
At what point does team show effort, before or after the bounty?

first take a look at the website, whitepaper if there is complete all the travel path of ICO, how the roadmap? mission and strategy that will attract investors to interested to join ...
the team that is in it is also very influential for the development of the project. and supported by existing social media ...

If that project get succeed then your bounty program will also get successd but most of the bounties are failed to reach their goal and then they will return their funds to the investors.So we need to good project with good community support to make money from our bounties.

For myself, I singled out several factors
1) The size of the community supporting this project (Twitter, Facebook, Medium etc)
2) the project team
3) whitepaper project
4) bounty managers
5) amount of rewards
6) terms and conditions of a bounty campaign

Personally, I look at the bounty program as I am investing my own money in the ICO. First of all, I am investing my time, second I'd like to support great project.
 
So, I'll start with the following:
- Looking at the team
- Product
- Competitors
- Token metrics

If all good, then I'll start looking at the bounty itself. How much they rewarding their supporters, how are they dividing it, last but not least, who's managing the bounty  ;)

I always see managers who lead bounty programs, there are some managers who are always successful and even they make management for each bounty them.
like amazix, needmoney, sylon and colorlesk they are the best managers in this forum.

see from their team structure and study the website and whitepaper because there is information about the project so if it thinks it will be good then join there

I like to join the bounty program with shorter time of ico. We could not really measure to get high invome from this but we can do small check before joining the bounty to reduce our chance to fail in the project.
For me, shorter time of ico make us getting our reward quicker.

All we have to do is do the analysis as well as possible, search for information about the project and try to read the whitepaper described by the dev project. Usually a good project will produce a good bounty too. I will usually see the ranks of teams in the developers, when they have a good reputation and history so I do not hesitate to invest in the project, otherwise I also will not regret to follow the bounty they held. Oh yes if we are hesitant then we can follow the bounty campaign is managed by a qualified manager, usually a quality campaign manager always offers an interesting bounty and proven to pay. So choose the best and we should be able to choose what we will do, without action then we will not get anything, believe in our own ability and ability in doing analysis on various projects. Experience, knowledge and skills will greatly influence what we will get.

The success of a management in implementing a project is influenced by many factors that are related to each other. There are related parties and other related factors. The main factors affecting the outcomes of project management ie the type of project selected can affect the outcome. Urgent projects of course have higher levels of difficulty and the possibility of failure is also high. New projects that have not been tried, of course, also have a level of possibility of failure or at least the possibility of the emergence of a high enough problem.

Hello,

Please can you give a scenario of a shorter time ICO?

Thanks for the reference!
But there is always a starting point for everyone. So I believe new managers could be successful too.

Thanks to everyone for the insight.
 I noticed everyone here talked about having a great team on the project,
Does that imply if the project team is anonymous for security reasons, they won't get any support nor bounty success?

Thanks to for the insight.
But I noticed everyone here seem to talk about having a great team on the project,
Does that imply if the project team is anonymous for security reasons, they won't get any support nor bounty success?

My first answer would be is the hard cap but getting the hard cap and if the bounty maneger is known. This would be my answer back than.

But now this would be my list that you should know that I would think would help you


1. Know the bounties platform know what it works on  is it a wallet, a electronic book or any kind of applications.
2. You shluld take a risk first if you want to invest and if you think it would hit
3. See the team
4. See the teams background
5. See if it surpass the sof cap
6. See if it surpass the harf cap

I think a successful bounty campaign must have many communities, that's the most basic.
and also can be seen in website design, design ANN. If the project is really mean, then its design will be good.

The success rate f a bounty programs depends on the coft ca or hard cap reach. If the bounty needs to reach a specific amount of 1,000,000 USD soft cap, and reach that amount or more, then that means the bounty campaign of an ICO bounty was successfull. But if they will never reach the minimum amount of soft cap then that ICO will fail.

I don't actually measure it but as I read their white paper, I gave it grade like 60% success, and you see, you just have to update also yourself what's happening with the project, what's happen during the airdrops as for example, does it have a value? Then update your self again after the pre sale, what's the status.... And so on.

That depends on the target of the bounty program and the reach that the bounty program was designed to have

It is now very difficult to find profitable bounty. There are many special sites that evaluate new projects - you can use them. you need to study carefully what the project is doing and then you can choose a good bounty

With our study of information about companies in the white paper, websites, social media we actually have started to analyze the success rate of the program. But besides that, we also have to see the seriousness of the development team and managers who manage the prize program, such as giving awards each week to bounty campaign participants.

People such as Vitalik Buterin and Charlie Lee, with their example made it clear that if there is a worthy project behind you, to hide your face and intent, there is no need.

usually we only see from the total sales of tokens at the time of Pre ICO is determined if the pre ICO alone is met we can just conclude whether it works or not.

You have a point there but I don't agree with you 100%. Not everyone like it being in the public domain, sometimes for security reasons and so on. Intent are never hidden in genuine projects but some dev prefers to live a private life and that doesn't imply their projects is unworthy. There are still some project with dev faces that turned out to be scam. What do you think Satoshi would be doing now if he/they were known? Maybe some government would have forced him/them to centralized blockchain or something else. Satoshi's intent was never hidden but his face.

Completely agree and you do deserve a merit for such reply which in most cases its not really a guaranteed indication of developers/creators transparency when it comes to their own creation/project.If the intent was somehow unique among others then this is one of the indications i do seek out and i can measure success rate but eventually its not a sure stuff that it would succeed depending on how people would react and sees thru the potential of such project.

Thank you for the merit which happens to be my first!
Yes for the project to succeed, people need to react positively while looking at its potential.

Yes, these are good recommendations for choosing ICO projects to participate in their generosity campaigns. First of all, you need to evaluate the project in terms of its need and utility for society, otherwise you can get many, but worthless tokens. They will just be in your wallet for the collection.

I think a successful bounty movement has to have a lot of communities, which is basic.

The second is that teams present their real faces, such as real-time video discussions on their projects.

How do one measure the success rate of a bounty program? By seeing the result of the token sale that made the project, if the token gets to hardcap and runs out faster than scheduled then it is undoubtedly a great success and many followers are enrolling in the project.

I appreciate this forum for this information,  it is really of great help to me

Having large communities is one of the things I do look at together with having active developers which doesn't really mind too much on making money but just purely doing their job on developing their project even further because most of the project I do see now is only focusing up on making money.You can differentiate greedy developers compared to those who are serious. Rating of success will depend though butt having these qualities can really give you presumptions.

First of all you need to pay attention to the result of the token sale. And u draw ur conclusions based on the sales results achieved - if overall volume gets to hardcap and achieve out faster than scheduled then you can be sure that this is great news and it is undoubtedly a great success and many followers are enrolling in the project. So, keep an eye on the latest statisticians.

I'm not saying anything bad about the new manager. they have the same quality. but older managers are more experienced and have links with trusted communities in this forum.
Good reason to choose them.

Probably all you need is facebook and twitter accounts with bunch of friends, as I see this is the requirement to start collections tokens.

I would say to take a look at their token sale and base it on if they met their cap. The sooner it happens the more promising the project. Here is an ICO that is coming up that I believe in because they aim to solve a big problem, bringing crypto to the masses:                                        https://bitcointalk.org/index.php?topic=3085831.msg31823480#msg31823480

Bounty manager is not a guarantee of the success of an ICO or a campaign.
the most important thing is that their project is made with a clear roadmap and all that can be seen from their white paper. all the information is there, and we can analyze the content of the project clearly.

Yes you are right. Even the best bounty campaign manager who manages the ICO bounty, sometimes that bounty campaign may fail and crash. Because the measure of succes of a bounty campaign is that the percent of demand, supporters, and specially investors during pre-sales of the ICO. If they reach the softcap that can make it successful.

Yes, many companies with a well thought out plan could not enter the market.
But again, a lot depends on what kind of product the guys are trying to vystovit on the market and will have to think whether it will demand in the future or not. This also affects a lot

*Go through the white paper
* Check community supports
* See the team and know their competency
* And of course rewards from the campaign

One of the best managers and management of ICO is Amazix's current best. They have a great team and now they manage some big projects.
They have a reliable investor so that the ICO they manage is always successful in token sales. Amazix can be a recommendation for investors or bounty hunters.

How quickly they reach their soft and hard caps?  That's my guess at least.

In some bounty amazik have a team that is able to track fraud against the campaign. such as fraudsters and multi account members. even they have meber lists that do fraud, this is very surprising and I am afraid this is not proven. they are very professional but any mistake will make the member afraid to join.

To begin with, you should analyze the idea of the project, uniqueness of the project, advisors and hardcap

I haven't tried out Amazix but its good to hear out some management do able to track fraudsters and multiaccount which should really be supposed to be done.Lots of cheaters when it comes to bounties.Talking about success rate of a bounty program when we do talk about the project itself theres no guarantee even no matter how good the manager is but if the project doesn't really have any uniqueness among others then its most likely to failed up.

I hear amazik has an investor community in some countries so their ICO is always successful. Good reason to work with them.
At least we feel calm to do the campaign. some ICOs are very vulnerable scam.

Well, I think that it's quite simple - amount of reward (equaled to btc/eth/usd + potential of growth), also the amount of work - some require 20-30 posts per week, some only 10...and so on. Also you should be able to get whether it is scam or not...

The number of participants is related to the success of the bounty program!

More people participate in the bounty task, which shows that many people are optimistic about this project and would like to promote this project!

Can raise a good publicity for the fund of ico!

Actually it is very tuff to guess success of a bounty program. But some small things can make a bounty success. The subject is main first of all. The management have to be strong as well as manage make a positive sign for a bounty. The beautiful roadmap is also very important of a successful campaign. Lastly nice finishing and follow back makes enjoyable everybody to make a successful bounty.

- Review Team
- Review idea project
- Review communications and advertising
and see review : icobench, icoholder, icorating, icofox

I distinguish several factors for the success of the program's bounty:
1. The idea of the ISO project
2. The size of the pool allocated to the bounty program and the bounty manager
3. Campaign Bounty Rules

I agree that the team shows its individuals at presentations and videos. Also hosts and participates in conferences on this topic  All this shows that the project needs to be successful or at least feasible!

First of all, I study the product that the company offers and read Whitepaper. Is it perspective? Are there analogs? Then I draw attention to the team, advisors. With whom company cooperate. And of course feedback, communication with the community. I think this is an important part of any successful project.