Bitcoin Forum

Does it really matter? Will a project die without a bounty? It is a big fat lie ,many projects/coins never mind releasing bounty program and the coins still exist with good followers and good price ,Sam goes to ICO ,do you believe that a project can survive without ICO? Yes ,many has done that and they are doing better than ICO ones ,even newer projects, influence of a bounty on a project doesn't mean it will be successful ,many has failed already

I agree that not all projects need a bounty campaign and not all need an ICO. it all depends on the ratings and capabilities of the project and the team. if the team is already known in the crypto community and showed the results, then they do not need to launch a bounty campaign

You are right, the initial cryptocurrency projects have almost no ICO phase, because they know very well that they can help the market and investors create more business opportunities, such as ETH.XRP. But now that the ICO project has changed, the main reason they created encryption is to raise money, most of which is privately owned rather than used for development projects.

If the team of a project is unable to to create enough hype around their own ICO, the bounty hunters will dump the token price directly after the first listing. The teams should pay bounty hunters with Bitcoin or Ethereum to avoid such things.

Some projects didnt go through a bounty and yet they became successful.

Its just a norm nowadays that bounty is a good part to expose their projects with the help of thousands of bounty hunters.

The success of a project is depend on its nature. Marketing or bounty campaign is just a part of this success. If they fail at the begining - project's concept, they cannot succeed though they have the support of millions of bounty hunters.

sometimes even without a bounty campaign they can succeed, that's right. But in my opinion the existence of a bounty campaign can help a project to become more widely known in the larger crypto community.

this certainly has a connection, the project that was built without ico was a project that would not last long, because from ico there was usually a wider promotion to be introduced to a number of people, but those who failed could be because they did not get good sales.

Top quality projects doesn't do bounty or doing very limited one.

Last year bounties were working awareness brought lots of funds. This year it doesn't work because no-one have anything to invest.

He is right.. Now, successful ICO is not depends on bounty because a lot of ICO is coming day by day.. bounty participant is increased and i think investor is reduced cause a lot of scam of ICO..

The success of a project depends mainly on the team and the idea of ​​the project, the bounty will not affect too much on the success of a project.

Many project comes without bounty success and the project with bounty didn't, why? Bounty participant only give hype of the project not giving any contribution to the product development. after the hype is build then many people comes to buy after the got the money the development will go slowly.

Practice is shoving that even good bounty cannot save dead project. Good practive not is launching boutny program after reaching exchanges.

Bounties are typically 1 or 2 per cent of the entire float. If your coin can't handle 1 or 2 percent of your coins being sold after it gets listed then you have done a very poor job of convincing people about your project. Most dumping is actually done by people who bought in at a steep discount during the private or presale. I have seen discounts of 30% to 90% offered to early investors with no hold period.

I think bounty influence is huge in any project because it provides necessary publicity necessary for the growth of a project

Even established projects also conduct bounty programs to further make their selves known and also to trend and advertise the greatness of their platform

Of course, bounty alone will not be able to pull out a project, but as a component of more global marketing it is very useful tool. And the projects themselves determine how they better promote the project and whether it is worth spending time and energy on bounties.

Well, everything depends of course on the team, if the team is known and has already achieved success in cryptocurrency, then I think the bounty is not necessary, such projects collect a lot of money during the ico

yes it still depend on how well the ICO / PROJECT known to others, some bounty program are tend to make a community

Influence of bounty hunters can't be underestimated, using bounty hunters for promotions is cheaper and that is reason why many team go for it than using a marketing company, i disagree with you that bounty doesn't influence project positively.

Yes i have seen bounties and icos survive and make good head way in the market so they do not need them ia all depends on the capability and strength of the team to carry out every thing necessary to make the project survive

It's an ambiguous question. On the one hand, nowadays in most cases only weak projects and scam need Bounty. On the other hand, some serious projects conduct Bounty campaigns, such as UDAP Contents Protocol, and QKC

I don't think there is any relationship between the survival of the project and the bounty. If the project can bring better development to the market and help users, then you don't have to rely on a lot of advertising and raise a lot of money through ICO.

I think it is because if the project doesn't have a good marketing team then they need the help of bounty campaigns to spread their project and to collect more funds. Also same goes with ICO if te project doesn't have enough funds to continue and develop the project. I believe that bounty and ICO has a big help to a project.

To me,a project need bounty but for ICO,a project can do without it.For a project to really succeed,it need community and to create awareness, bounty is a key.

Bounty is not just one approach that bring all the success,  it is essential and important that a project uses all the resources at it's disposal.  Bounty will definitely affect the outcome of the success of a project but if bounty were not use,  a project could still be successful but it would have lost out on bounty crowd and bounty's benefit!

I do not think anybody will dispute the fact that ICO can be successful without bounty because we have seen so many like that currently and in the past but reason why most ICO choose bounty is because to them, it is most cost effective and the most reliable way to reach crypto investors. it is not only common people that invest in ICO. Even some bounty hunters also invest.

Bounty campaign has a huge influence for investors. It creates either a hype or facts that investors will be seeing for them to think if they should invest or not.

Of course a project needs advertisement to gain popularity and thus to gather more funds. So bounty should not be ignored. I just don't like it that they accept too many participants that it looks like spamming everywhere.

In my opinion, there is more bounties than it is really needed. Some bounties are condemned to fail due to bad planning, unprofessional managers or simply meaningless product. However, good bounty can kickstart a project and be 'CBA positive'.

yes, I think so too, it is indeed very influential for the ICO project that has held a bounty, because with the project bounty participants there will be more and more people who will know it, especially of course more investors will be interested in investing in it, indeed some projects also those who do not hold bounties can achieve success, but rarely do I think that can achieve success it.

I think if an ICO project organizes a Bounty campaign program, it is very clear that the project will be lifted to the public so that the project will become more famous, the more supporters of the ICO project, the greater the chance to get Investors. So the influence of Bounty in my opinion is very big.

I think the bounty is also the influence of running the ICO because of some of them promoting the ICO, they will certainly also invest there, but we also have to see a professional team.

In the early stages of the project, it is difficult to promote the idea without ICO. But if the team already has experience, then maybe they can succeed without a bounty company.

I agree that bounty is optional function for all ICOs. But if the idea isn's so genious, community won't be interested in buyint token of this project. I think bounty is a usufull way of PR.

Do not think that now hunters strongly influence the project and help raise a lot of money , I think it depends on the team and product , and good marketing , now bounty hunters just spam for the most part

Well I have never seen a situation whereby it is been made compulsory that without Bounty project in the Cryptocurrency Space won't be successful. I think the excess of Bounty is just to create awareness and more exposure about the Projects in question. For I have seen many a Project that have been successful without bounty. But this days it has become the order of day, so Bounty I think is important for the development of projects.

Bounty is an alternative to social media marketing as conducted by Facebook, Google, and the likes.

The difference is in the pricing and the traffic generated by each; to which i see bounty as more effective.

Some other projects combines bounty and other social media giants, and even more.

Never underestimate bounties; as the influence gets rightly channeled to the right source.

Totally true! although bounty program is not required for any new projects but bounties has been a big help in crypto-space because most of the people or investors are not really active on searching new projects but because of the power of social media and bounty program the project is easily found by these people.

Bounty campaigns wouldn't exists at all if the don't work at help the projects that launch them to collect more money - this is simple and obvious truth :)
If you are trying to promote something without proper advertising campaign you will hardly do this well. It's like trying to drive a car while hitting the brake pedal  - this won't let you go fast, will it? :)

yes i truly believe in social media campaign usefulness, in the long run, they bring more exposures to the cryptocurrency market and new potential investors and didn't overload ico budget

Well, each developer has their own marketing strategy. Every strategy must have advantages and disadvantages. In cryptocurrency, the important thing is to form a strong community network as the foundation of the project's sustainability. Every developer must understand the situation properly so that they will choose the most appropriate strategy. Bounty campaign is quite good for expanding news through various media. If there is no bounty, it means that developers must look for other ways to promote their projects, pay for advertisements, etc.

Of course it matters. Without doubt with that move you are able like user to recognize the potential in fastest way possible from marketing point of view.
Influence is big with social activity ahead for safety of development project. Many project did not make it because of that!

Well, bounties can't make up for a crappy product, and an absolute top 1% product with a separate means of marketing doesn't need a bounty program.
These are the outliers.
For others, I'm pretty sure that the traffic boost results in positive outcomes.
If I ever decide to make an ICO, I'd definitely use a bounty program.

In my opinion, the Bounty campaign is one of the product marketing strategies to attract investors. In addition to posting advertisements on popular websites, developers can use social media or other communities through bounty campaigns.

Yes, there is not always a need to hold a bounty or ICO. The project may have the means to implement, but a small community that agrees to use their product. Or they already have both. In this case, the project could cope without bounty and ICO.

Well i think bounty campaign is a good way to gain investor as much as can. Also it can attract people to join cryptocurrency and will become investor. This is era of social media and its very useful to advertise a prdouct to people.

I don't know where your question is directed at (that's after project release or before project start). Well, one big fact we must all know is that every new project will beed some sort of advertisements to get known. So even those projects that necer did bounty campaigns did their own earndrops in another way so as to create publicity in the cryptospace. Otherwise no one will hear of such project.

Some projects have indeed succeeded with ICO using bounty services. But there are those who fail because they have to stop in the middle of the road maybe because of lack of promotion or a little bounty fee. Bounty also affects a project because it can help promote their projects and can attract investors faster. Without a bounty, the project will not be known to everyone and they must work hard to promote their projects.

Bounty can help contribute to the success of an ICO. It is an advertisement campaign that informs followers that the project exists. It may not assure the campaigns success but does help. Bounty includes many social media platforms like bitcointalk, facebook, twitter, reddit and so many others.

A project will not die without a bounty, it depends on how the marketing will do on this.
Though bounty is not a joke, it is one of the best tool to get investors. powerful more than Mainstream media.
As bounty will reach every single country in this world.

They matter to some extent, they are good to pump up Twitter/Telegram followers in short period of time.

Yes as we can see some projects still stand without bounty campaign attached to it. But bounty is a good way to recognize the project or ico. It can spread its influence and popularity.

i agree with your opinion,
indeed the project without a bounty will also have no problems and they will also develop well as long as the team works well.

but in my opinion, without the community bounty a project will not be big and probably not too popular. so bounty is also very helpful for popularizing their projects.

The one thing that will influence investors to invest to ICO is the platform itself, bounty hunters are here to promote the platform or the project, they are just the bridge, or third party to market the platform, other than that it's still the platform that will make the project or ICO a success.

Many projects still using Bounty service because is a cheap way to promote their project to the people around the world using social media. Sometimes bounty really effective but sometimes nope.

There are several successful projects can reach Hardcap using the bounty service and also there are several projects not using bounty service to promote their project but still success because their team has more funds to promote their project...

I agree with you..
but the effects of bounty campaigns have a big influence on financing their future work so they need bounty campaigns to promote their coins to investors

Basically bounty is the most effective way of spreading a project throughout the world. It is very difficult to advertise worldwide if there is no bounty campaign running. Still bounty hunters are essential so, they should pay a reasonable price to them.

If you are asking about the influence of Bounty on a certain project, I will say it really matters but I will not say that all projects need a bounty campaign. I will say that Bounty will be a great help on spreading the good news about a certain project. It is better than releasing a commercial or a multi-million advertisement paid in cash. And all the posts, blogs, and youtube videos are forever there unless the participant decided to delete it. A lifetime advertisement that a paid commercial or a print ad can never give.

ICOs are held to advertise their project to investors and raise money for it to develop this project. Without ICO and without a bounty program, teams will not receive funding for the development of their project. Of course, occasionally there are cases that ICO is not carried out. This happens when, at the preparatory stage for the ICO, the team finds large private investors who are ready to invest their significant funds and actually finance the project.

       Most new projects launched on the crypto market need a bounty campaign, but not all. If the project team is well known and the project is promoted by other groups of people, then there is no need for a bounty campaign. However, the existence of a bounty campaign can help the project become more known on the crypto market.

      Difinetly yes you can do it without ICO but that's very expensive like advertising it in YouTube or in televisions but still you cannot assure of having followers, unlike in ICO project that automatic the bounty hunters is the followers.

no, many projects without bounty and hardcap, are actually bounty workers nowadays, do not be confused with bounty work in 2016. this year it is true that bounty hunters seem no longer needed in project development, or their role has begun to be forgotten.

One way or another, the team that handles the project will make way for their project to be known to the crypto community and one way is to make a bounty program for it to became popular. Bounty program really helps the project to reached out to the probable investors.

It all depends on the popularity of the project at the start. If the project has the support of influential people at the start, it is not necessary for them to carry out bounty.

I think that the bounty activity plays a very important role in the ICO project because it helps the project attract investors to meet the conditions for raising funds.

The project without ICO, in my opinion, is very difficult to achieve success. The first time the project was launched would definitely require a campaign so that it could be known by the public. That way the project will be easier to get investors. So that the project, in my opinion, cannot be separated from ICO and this is like two inseparable individuals.

In any case, today it is thanks to the Bounty company that many projects are becoming very popular. Of course, for this, you must have a live and successful team work, otherwise the company's ico will not have a good result.

I guess bounty is good for the project PR campaign if it has its logical bounds. I dont see the reason for 100k twitter participants or smth like this. PR should be clever.

Moreover, for the development of the project funds are needed, one of the most appropriate ways is to hold Ico. Besides that, to be successful in the promotion and forming a community, a wide spread of information is needed so that it is quite effective if it is marketing through advertising and bounty.

Investors usually look on the kind of project they can give to the community if the project or platform is already existing, it is up to them if they want to launch a bounty to get the project to the community, the bounty is only necessary if they want to get funded easily  this has been the tradition ever since Ethereum succeed

In any case, in recent years, Bounty companies have already shown their effectiveness, and I understand that this form of information dissemination will be used for other types of activities, and not only for ico companies.

Bounty is a business strategy and it has proven to work well for most business in the crypto space so the reason why every project wants to do bounty tp become successful. Likewise, some business strategies are not good for some businesses, bounty is not a must be a successful strategy. some projects have still failed even with bigger communities.

Totally agree with you but having a bounty campaign will definitely give enough exposure to one's project. We all know that social media has a lot of influence in our everyday lives so just imagine that one project will have atleast 3k participants in their social media campaign, 3k people who will share their post everyday will eventually become a big help for the marketing of the project.

bouty is strategy marketing of icos project and i think it cannot be separated, and the effect is large enough for the project, but when the project dont have bounty their need more money to pay ads

Not really, a bounty is just one of many tools that are used as a way of promotion for any project. So even without bounty a project also able to make a promotion, but it will be reduced it's chance to get more investors, cause bounty also giving a big chance to spread the word about the project.

It all depends on the hype and usecase of the project.  Many project with huge hype dont usually need bounty because they already have the hype that bounty can offer

According to my observations, those projects that coped on their own and didn't raise the funds , are working harder on the idea and don't throw words and money to the wind. There are no investors, so the developers don't owe anything to anyone and there is no such negative in the community with any failures.

Of couse bounties have influences on ICOs and its popularity among the people , Nowadays almost every one is a member of one of these social networks and they follow news through them and so bounties help to get more view and hopfully more funds .

Well, this suggests that bounty campaigns are needed only for campaigns that do not have enough money for independent development.

that's right and bounty is very necessary because in this forum the source of prospective investors becomes very influential with the existence of bounty campaign, maybe later when the cryptocurrency starts to be accepted throughout the world, the bounty campaign is no longer needed.

I totally agree with you as the whole situation is solely on the team and nothing more , be it ICO or bounty are just a way to create awareness but one thing for sure is to airdrop at least for the participants and get listed on exchange with a good project and hard working team to make it work out , we have many coin and token in market with out ICO and bounty that are doing great like byteball, bitcoin , BTW , privcy and so many more , even those that did ICO are most after the money and are not serious about developing and real project but pump and dump of the token.

A project without a bounty really feels bland in my opinion. I think bounty is very influential on project sales and mutual benefits. But the bounty is currently mostly fraudulent. Be careful when choosing bounty at this time.

I think you want all ICO projects to have a bounty to make money from it. In fact, there are many big ICO projects, but they do not have bounty, because they know that their community is big and do not need to have them to succeed.

Quite frankly, I agree.
But bounties are not necessarily useless.
For smaller ICO-s, a simple signtature campaign can double website traffic.
But yes, if you already have huge interest and community, bounty might actually a bad idea - because investors might decide they'll buy dumped tokens by bounty hunters AFTER the ico.

Yes, it is there wish whether they will allocate the bounty in their ICO, even some potential projects are allowing some percentage to bounty budget. There are many people attracted to bounties from different parts of the world but every bounty will not be successful so we need to research before working for any bounties.

If there are people in the team who have proven themselves, then there is no need for bounty programs. Example Tezos, Wanchain. But unrecognized people and projects need a bounty program

Not all crowdsales require bounty campaigns but they are an invaluable marketing tool especially when project teams who require this type of promotion don't have to pay for it in advance if their offering isn't successful which is why they usually rely on this convenient form of advertising to reach their target audience

Bounty is kind of advertisement,if some projects succeed without bounty they might have so other advertisement like press release,but nothing in this world can get successful without advertising it,so bounty influence a success in major rate but not only because of bounty any project is going to succeed since its just advertisement,you need something unique idea on your project to be successful.

A project won't die if it doesn't have a bounty but it will influence by giving a lot of idea and views through the forum. Just analyze that you have been running a bounty or campaign through the entire number 1 forum of bitcoin/cryptocurrencies.

It is a big exposure and a project can still survive even without an ICO. Start ups can provide themselves what they need if they really are focused and has the heart to pursue what they've been working.

Some of projects were keep silent but they were being successfully until listed on the exchange without bounty even i heard those projects can reach hardcap only in a few days and there is no guarantee upcoming ICO will be successfully through bounty but indeed social media can be good places to promote new ICO even though all of it depend on how potential they

How can a project become hyped if no one discovers  them ?  But they arent forced either to run a bounty because there are lots of advertisement methods available  online and they are much better than running a bounty because anyone can sees them not unlike to bounties that the viewer is only limited because of the number of threads and post here  .    

And even if they use ad packs on this forum , the ads wont get easily noticed because not all will be accesing this forum . 

So it would mean, bounty campaigns are very essential for those small or unpopular teams trying to raise funds. It may not be useful for big ICOs but pretty much vital for small ones and I guess Aidus is one of that.

Of course, without a bounty program, the project will still operate and develop normally.
Bounty will help spread their project widely to more people. Few years after you find any keyword #ABCICO... then you will see widespread results in newspapers, social networks...
Bounty is good for the project, that's for sure.

I am still loyal to bounty and I am sure every project needs a bounty to promote their products.
The bounty hunter also gives full support to the project so that it builds a good community.

The bounty affects, but it works just in case when project really good, has its own idea, working team and development.

Well-known projects do not require advertising and bounty campaigns, because large and influential companies seeking to conquer the crypto-currency markets already have a good reputation and easily receive the necessary investments for development. Many people know such companies as telegram or Amazon, they also decided to issue their tokens for the development of projects in the field of blockchain and easily gained investments without a bounty. However, for beginners in this business bounty campaign is a real necessity, because it is the easiest and cheapest way to attract attention and money to their ideas and projects.

I think bounty is a promotion and other means of advertising and those projects may use those means to raise funds from crowd funding. The bounty has influenced of just a little.

I'm not sure the bounty will last, and some bounty hunters have left this job.
some projects do not pay or delay their payments. however that time is very valuable and the bounty wastes time.
except only to fill your spare time in your main job.