Bitcoin Forum

I started a thread here last Month, November https://bitcointalk.org/index.php?topic=5070456.msg47962086#msg47962086

One of our major strength will be the Post-ICO Bounty system.



How it will work:

The project can still continue to pay in Token or in cash even after the official Bounty has been completed. This will make it possible for project owners to promote their project easily using the same method in which funds were raised.


 


We will like to hear from you!

After raising funds via ICO, you would just prefer to advertise your project or would you still love to promote your project using the Bounty method?





EDIT: We successfully launched a platform that can handle post-ICO bounties https://teambounty.com | Contact me via Telegram for listing guide @FATechnologies

If the project pays then why not. I guess post bounties will have more attraction than the regular bounty. People will already know about the market value of the token/coin.

You should edit your title and change it to "Post-ICO Bounty"

I have no problem with post-ICO bounties as long as there is an allocated fund already. If there is an escrow, then the better it is. It will be more attractive for hunters I think.

Thanks

Post ICO bounty is good and i have promoted FuzeX and now Darico. The is really good strategy to raise awareness of their products and to reach more investors. Many post ICO's are now using ambassador program to really promote the project and its products. And they will pay you with their own tokens and they already have value in the market which is good.

Far too frequently sites will stop any sort of promotion once the project has completed its fundraising. I fully support the idea that you should continue to make people aware of the projects progress and if you want to use a bounty campaign instead of paid advertising that is perfectly legitimate. I think most bounty hunters will not care if it is pre or post ICO as long as they get paid.

Uptill now i have seen only a handful of post ico bounties and to be honest all of them have been launched with a very low budget and bounty hunters have not shown interest in such campaigns due to small expected reward so to make post ico bounty successful and viral budget should be increased to decent levels.

I think after the funds for development are collected at the sales stage, then after this bounty campaign will not be needed. then everything will depend on how the team will work on the project

This is a great decision, because the most projects think that the marketing stage is over after reaching the fundraising goals. They need to make people buy their coins on exchanges and create enough hype around their coin.

It depend on the project itself  where they have to focus: on the product development or on building up a loyal community or
mass adoption of the product or selling the product etc. In most of the cases advertising is necessary and bounties could
help in promoting the project in after ICO phase too.

it is not the bounty campaign it is looks like the irdrop more when the ICO is over but the team decide to attract attention to the project and its development, or to attract the attention of the society to their product.

I think they are a great way to market a future token, regardless if the ICO has finished or not.

It is less risk for the bounty hunters because they know the token value, and for the startup they are still spreading the knowledge of their token. You can use bounties for other things that just liking pages, but to maybe help get on exchanges, spread their content etc.

It seems to me that it is absolutely meaningless because if this strategy is applied to one project, it will be effective but not to the entire market. There are people who specifically do this.

These kinds of bounties present the best form of bounties. This is because, these are already listed projects with stability. It could mean that bounty hunters have a chance of cashing in on tradeable tokens at current market rates. Also these bounties could mean that there is a better marketing conversions due to the fact that, the bounties will be presenting the project in its working and effective state.

I think it's a good idea with Post ICO bounty. I participated in a similar campaign , it was the OAX campaign and I still hold these tokens. Payments were not very large, but monthly, the token was traded on exchanges, including the Binance.

This is a very interesting idea and I like it. After all, the bounty program is simple marketing, which is needed not only in the initial stage of the project, but also after. I think stupid tweet, retweet or like a person with 10,000 subscribers (90 percent of which are bots) is not effective marketing. And if you make a bounty program after the sale of tokens, then you need to think with your head what kind of marketing is needed at the moment.

Hype dies down during the long development period. So I really don't mind post ICO bounties to kickstart a platform. Provided the bounty task are targeted to the right audience.

if so, it doesn't matter to always help with promotions, and it doesn't matter to keep posting if ico still pays when ico is finished.

Post ICO bounties are the best especially when the token/coin is listed on an exchange. Bounty hunters will know that their work will be rewarded at the end of the campaign.

In my opinion, by any method, as long as they are still paying, it will not be a problem, because making an ICO without promotion will not run until it's finished. so basically whatever method they give all the bounty hunters are ready to do it.

I agree because the greater the reward, the more interesting in the eyes of the participants. More participants means nore effective form of advertising. However, there still a hindrance; a large portion of the applicants may not still become interested because they knew that the payment would be in token thus the profits they can earn depends on how fast they pump and dump or in the future of the token given. As a solution, there should be a btc bonus or the alike aside from the token reward in order to keep them interested.

PS: I am not sure if this is a good idea for others. Just my opinion. 

That will be a good idea to keep alive the project since most of the projects are died after ico complete. I have seen some projects to do so. You can budget a bounty fund and use it for the post ico promotion so that more people know about the project and get interested to invest in the project.

It's good since after raising funds there would be guarantee that bounty hunters will get paid unlike bounties which promote to raise funds first.

Good think. Projects need advertisement after the ICO for attracting more investors and let people know about the development. I support this technique to give hype the project.

I believe this will be better to promote project only before raising funds. With that I believe trading will focus on those project at least. rather than waiting to die of project post ICOs can be used to survive projects. 

I think its a good idea to participate in post ICO bounty even though the rewards are small. Why? Coz participants can earn for sure without worrying much about the value of the token. Its like a peace of mind. There are also less chances for scam.

Post-ICO bounties usually pay very little because the company usually goes full power for the ICO, not after it.

I think this are the best type of Bounty to Participate in presently. Irrespective of the fact that we are still in bear market. Post-ICO's Bounty usually pay but the reward is also low but there is guarantee that they will pay irrespective of the time it will take.

The post ico bounties are good for project devs
The token is developing and trading has commenced while product is in constructions

But it is not profitable for bounty hunters at all
We are all at risk regarding value

Today, of all the bounty companies in which I participated, almost half paid for my work. In addition, yes, half of the coins that I have in my wallets do not have their value, too, most of them. K units only are traded on exchanges.

I think this is a good strategy for projects and an indicator of the attitude of the team to their product. Since after the ICO, the project also need to support, and spread the word about it, in order to attract attention and potential customers to the product. And a bounty campaign is the best option.

I do not have a project that I would like to promote but as a bounty hunter, I have to admit that post ICO bounties is what my wet dreams are made of, I would love to participate in one.

I like post-ICO bounties because they are conducted by projects that already raised money and will grow. so you have a chance to get a part of such project.

I think that may well be the case. Bounty hunters will be happy if they continue to pay, and for the project this method of advertising will also be better. However, it all depends on the amount that the project will allocate for this.

Bounty campaign is a very important when it comes to promoting crypto projects.
Had it been it is not that important, then so many projects would not have demanded for it.
Then some have now come up with the habit of not appreciating bounty participants, by paying them their due tokens at the expected time.
When such happens, bounty hunters have now come up with the understanding on how to mare or cause the failure of the project.

For me it is better way to participate in bounties, because in post bounty they pay listed tokens and as for me it is something valuable.
There aren't risk in such bounty.

I think that it won't be interesting for ICOs. Why do they all like bounties? Because it doesn't take any funds in the first time. You can save a lot of money on marketing while you are starting ICO. After collecting funds, the don't need anymore in promotion.

There are teams doing so? Why haven´t I seen a single one  ;D? Bounties are always connected with a great risk of your effort not being appreciated at all. However, this kind of bounty would be less risky for participants and they would be highly preferable by many bounty hunters (including me!).  On the other hand, it  would not make sense to do so if you are not a pretty well-known company who do not need a help during the crowdfunding. Of course, you can promote your coin after fulfilling your goals this way, but would it be productive? There would be several exceptions, but I doubt that more than a dozen of them would apply this concept while they would not be contraproductive. In conclusion, I would love to see many projects to use this model, but for a majority of them it would be illogical to do so right after the successful completion of the fundraising.

The model that is now there is the most convenient, and there is no need to add something new to it. Although a year ago it would have been supported, in such a chaos.

This is great! Some bounty campaigns have already tokens out in the exchanges. So, when they pay their participants, sure the tokens are ready for trading. Some projects do these for the reason of promotional strategy. Some sort of exposure. This is indeed a great news!

I prefer to promote through bounty. in my opinion this is a simple and very effective way. I am always happy to do it this way. bounty makes it easy for me.

Post bounty campaign is important in life order to maintain the community awareness of the project, this is done by some other projects because this would enhance and create more users of the project or the token itself, I still remember fuzex is doing their post bounty campaign after their successfully ico this previous month's, and I could say it was a successful campaign. I hope that every project could do something like this in order to maintain the popularity of the project or the coin.

It seems to me that there is no need for such a bounty, because on the whole the project has attracted the necessary amount and needs to focus on its implementation!

Post-ICO marketing is crucial for the image and adoption of the project. However, most ICO founders and entrepreneurs give a shit only about raising a big chunk of money, getting overpriced salaries and that's it.
Serious projects should have constant waves of marketing activity either via bounty campaigns or traditional marketing agencies.

Unfortunately, not many projects are interested in their image and community after the ICO, after ICO succeeds, they will focus on project and product development. They do not need to carry advertising like the ICO stage because it is not necessary

It all depends on how strict the rules of the bounty company will be, its effectiveness depends directly on this. Moreover, during the bounty of the company, you pay for the work in the form of your tokens, which is convenient.

You are correct on this mate,because the project only starts when the fund raising is done,in this the constant approach from the team to the community specially the investors on this the value of the coin or token will be protected and may be maintained as well

Such bounties do exist. I know projects that had their ICO way back running bounties now. This will help to keep the market informed about the project and get new traders and investors to know about the project.

I really think that this is a good idea. Why? When we buy something that we really like and that is valuable to us, what are the things that we really have to check? That is post-sales services and warranty. We can relate this on ICO. Legit projects are there not only to produce funds and get money from their investors. They need to support the product/s that they've launched and how it will be the best product for the next years to come. That is why we need to promote it through Post-ICO Bounty to strengthen the token/coins involved and take good care of the investors as well as the product itself.

I like this idea in terms of bounty hunter, but I'm not sure that current bounty system would fit well for this purpose due to current rate of shitposters in any kind of bounty campaigns. Unfortunately, most probably it would become just wasting of project's money, but not a good promo.

If we have a post-ico bounty, this means that the team is still in need for bounty services that makes their project more well known to other platform. They want extensive campaign to ensure that many customer have faith on their project. It is like a one way for thanking those supporters.

In general, I am extremely negative now as a Bounty program because it is impossible to earn money for them normally.

Running bounty campaigns is one of the cheapest form of advertisement and i think it is a great idea to run a  bounty after an ICO just to promote the project much more further. This would create more awareness prior to exchange listings which would in turn give high value to the native tokens of the project.

Is more better to pay in your tokens as your funding is more balanced than using actually ico assets for funding bounty except there are strict rules on picking participants to pay in coins because some hunter dont even go through half the campaign and they are gone

Bounty hunting is a form of marketing for seo project so either it is before the ico or after the ico it really makes little difference depending on the strategy of the project. Some bounty managers will use bounty to promote a project before it's ico and depending on the success they will also have a bounty after their token sale just to give the community more engagement with the tokens and also increase the project popularity in the crypto community.

yes, now many ICOs issue bounties without escrow, even though two years ago there were still many bounties that used escrow and payment through eth or btc. But now Bounty feels like it's dead, fraud everywhere

I am still doing it, if the team requires to add more bounty campaign in the post-ico, then I would love to participate. Because they have proven so far that they are legit and they are complying on their promises.

Of course its very advantageous because you can continue to earn rewards despite the ICO completion. However, if I'm a bounty hunter, I will just go and move on another ICO to promote. One advantage though is that you won't get bored or burned promoting the same ICO all over again.

And what if the token price goes down? And despite the hard work you've done, chances are it will be worth nothing if it the price continues to plummet. So I wouldn't take the risk, I will go and open my doors to another ICO's to promote.

Well, still doing ICO is the best as it ensurers that bounty hunters will gain profits by just promoting these ICOS in the market and I don't really know much about this post ICO thing.

It is very rare to see projects doing post Ico bounties especially projects that has already listed in an exchange, when you do see, their reward would be so tiny and wouldn't be worth the effort at all.

I'd like to participate in such campaigns, because they are obviously have much lower risks than common ICO bounty. But I think post-ICO bounties should have lower reward rate due to lower risk as well...

Yes, this usually happens. Many projects that are even in the market place do conduct ICO when there is need for it. Take for example, if there is an upcoming event for a project, the team might come up with a bounty campaign idea so the event can get across to people who are crypto enthusiasts.

If it was me, I would first consider whether my project would attract investors. If there are still few people who know the project, I will offer a bounty or airdrop campaign that fits my project

Post ICO bounty is a good way to earn money from my point of view. Really , I like when tokens is on exchange, it lowers risks to not receive a payment. It is so cool I guess!

I think that advertising the project with the help of bounty companies is still the most relevant way, since no one will just want to advertise any ICO.

After from the fact that the project promoted is already listed, which will attract investors, post-ico bounty will also be more profitable, than promoting a project that does not have value and at the end, still struggle to be listed on exchanged.

Post ICO bounty participants have no future at all. Because rewards are too little for the post ICO and most of the projects don't want it. Every ICO projects need investors to make their target reach, so ICO bounty is needed and this is still the best way to promote the crypto projects. Some successful projects brought a post ICO bounty because of some events, and the reward budget was too little. So, ICO bounty is the winner here.

Its good opportunity to attract more attention to the project. I think we will launch after Saturn Black ICO bounty too

I think that post-ico can be quite an effective method of attracting additional capital for many projects. It often happens that projects cannot collect the required minimum amount, which means that they can try to collect the non-remaining amount using post-ico. This can help many projects.

Well, I think bounty is not a very good way to draw attention to your project , I think the project should develop your product and people themselves reach for this project!

They have the option to do that and there are some coins that are already doing that, but the best promotion after the ICO is the product and platform, and of course the market, people want to talk platform and volume after the ICO.

as a bounty hunter, I admit that the most important thing is to be paid, so I don't care whether the ICO is in the process or after the ICO ends, I will continue to work as long as it continues to be paid.
honestly I am tired of looking for a good project and really want to pay for a bounty hunter, so when I have found it it would be better to stay there

Bounties are a good way to get some tokens that you can later use on the platform that is being developed. While bounty hunting I found a project called Sylo, which is making a decentralized platform, I started using that platform and now the tokens I'll get from bounty will be used to upgrade my storage.

There is a second side to the coin. If you participate in an ordinary bounty, then after the success of the project, the tokens obtained for the bounty can bring you huge profits with the growth of the coin rate. And if the price of the cryptocurrency is already known, the developers can regulate the number of tokens paid for the bounty.

Yes, its good id see marker what this is post bounty promouting.
So we can know what project pay for bounty hunter and start developing process.

The success of the ICO is certainly in the value of the funds collected. And if the funds obtained are in accordance with the target. All bounty hunters will definitely participate more. Because they believe they will get payment from the Bounty. Now it can be seen that many projects fail because they cannot raise funds for the ICO.

Yes, it is quite interesting, because projects will be able to continue to raise funds from investors, even after generosity!

Bounty is indeed very useful for ico. because with the bounty itself, ico is likely to also get a lot of investors and people will get to know the projeck. forming a community also from the existence of a bounty

Well I think it's beneficial from both sides.
To those who are team of a crypto currency , they gets a chance to gather more investors and to those who are bounty hunters they can judge the ico well from a post ico campaign.

post ICO bounty are the most assuring reward for hunters, no challenge of getting reward or problem of transacting coin to fiat. purpose of such campaign is important and the amount of reward. some of them reward poorly because they believe hunters can dump with larger reward, they also believe the challenge is new, not about raising fund for the project but raising awareness to increase adoption.

there are a lot of different views to the bounty themes. really nothing has changed in the past
but whether this is the right approach now? maybe. but there are still some things to clarify :)

This is a good idea, but it really depends on the team of the project if they can allocated funds on another bounty. Much better if they will pay in cash if they really value the worth of their tokens. And it is a good sign that the team are very serious on promoting their project even after the ICO is done.

Post ICO and bounty campaign project is bad ideas because many campaign after post is not continue and owner run away, no one post ICO will continue for ico selling and you have looking for other bounty campaign project.

How many cases of this have you seen on signature campaign? It rarely happens but I still stand to be corrected

From the perspective of a bounty hunter i would prefer a post to a pre ico or ico bounty.
Post initial coin offering bounties has some benefits
*its most times already listed
*you have a better view on weighting the project
*its most times already established

I'm not surprised by your project. Many of the projects promised to pay the bounty hunter rewards. But all these projects disappeared or were frozen. I don't think your project is special.

I think it is a good way of how to gain more attention for the project. Because the main problem that causes bounty dumps is the lack of attention to the project after the ICO. Teams are just forgetting to put enough money into advertisements.

I do not think that such bounties are a good idea. In the most cases devs are launching such bounties when the coin has already dumped and the bounty budget is around 20k USD in total. It costs nothing for devs and they get some more marketing.

Actually never heard that someone pays for post-ICO bounties.
Just in way of dividends, or holding bonuses. But nothing for continue of promotion.
Just some "big" promoters like youtubers, writers and so on.. ::)

These are the best kind of bounty to participate in to me because you already have a focus with specified target to hit at the end of it so it is always better to dive in such bounty whenever i see but the disadvantage is that in most cases, the rewards are usually less compare to a PRE-ICO bounty program.

Sometimes such ICO projects are really carried out in order to increase the popularity of their cryptocurrency. For example, now the ICO is held for the second time, the goal of which is to promote the BTC-2 coin. Participating in such campaigns bounty ICO really do not represent a big risk, since the funds are not collected here and payment by their coins is guaranteed. The number of payments is determined by the team that initiated such an ICO.

I think these are the best form of bounties an hunter can participate in because the ICO is finished, the token is already trading and the payment is guaranteed since the project is already established. The only but is that the allocations are not usually as much as ico bounty campaigns but it's still better than nothing.
These bounties are usually ran to make the token or coin more popular.

If how it work for Post ICO bounty would be after the coins get listed in the market, it would be able to makes the bounty participant to be happy, cause if the bounty is done and get distributed, the coins already trade able in the market. but the down side would be, if the price of the coins were too low, the most likely any bounty participant will avoid to join the project.

Post ICO bounties are pretty good, I have worked with some post ICO bounties in the past and enjoyed the experience. This is because by then the fate of the project, intention of team and devs must have been known at that time. Because some team run away after the initial coin offering.

Post ico bounties are basically to create a unique awareness about the project
Especially when the community is little and only few can benefit from the product

It always promotes the project and most times it leaves the token in a bad price after hunters dumping

Bounty is a medium for advertising a project whether ICO is completed or not,,, if a project is still finding it impossible to grow in the market, they can conduct bounty campaign to promote the coin so they can have much volume in the market.

I think it is a must for every project. The main reason for a token dump is the lack of advertisement after the token sale. Bounty hunters are dumping, and there are no promotionals that will make people buy this coin.

The idea is not new to tell you the truth. The problem is that many companies are getting rid of holding any bounty campaigns as they are because of the inefficiency of the latter. And you are talking about post-bounties...However if someone can think of a effective way of promotion for post-bounties than why not? It's obviously not social media campaigns but maybe something like signature campaign or content marketing...

Each ICO has its own way of handling Post-ICO bounties. But in my opinion, the bounty remains the most effective choice even though the official bounty has finished. If by holding a bounty campaign all the funds needed by ICO can be collected from investors, it is possible that the Post-ICO bounty will follow in the same way. I am sure if the bounty at the beginning has been successful then the Post-ICO bounty is also likely to be successful.

I prefer post ICO bounty for projects that are already trading. With this bounty one knows the amount to expect from the bounty and works assiduously to get the best out of the bounty. Post ICO bounties are always short term and they don't extend the bounty unnecessarily.

A viable project should not find it hard to grow after ICOs, if the team members know what they are doing and are working hard, before bounty hunting came into existence, there were projects that spoke for themselves in the like of Facebook, amazon, ebay and so on.

They didn’t have to use bounty to promote before their project became a success, bounty should just be one out of many means of promoting a project and creating awareness and no matter the awareness, what matters most is the project content itself, did they do their research very well to know that the project the ICO is coming up with is what majority of market users need and not just minority that will make no impact.

I don't agree with you there are numerous project that doesn't get the needed audience or sales it intend during ico so a pre ico bounty can help correct that issue

Exactly. Maybe they have no community or not many people who know their projects. So they need to create a bounty or airdrop to help many people know their project

That's undeniable facts, working products played well and not the promotions alone, bounties act as one of those many ways to advertise such products and attract people to use and invest, with promising outcome results, most projects gained investors trust  after learning deeper.

Developers needs to win investors trust in different perspectives, if bounty can lead them, they will maximized this venue to attract more.

I'm on this as long as the token is already tradeable in the market and development is ongoing people will continue to support and promote this project, actually people prefer to promote projects that are already in the market, than those who are just starting out.

For me, as long as the project is good and trusted, there will be no problem if there is a post ICO bounty or something, and it should be even better then pre-ICO bounty, with the bounty after the ICO, it will have more possibilities when the bounty over, then the coins already trade able in the market.