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I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

Bounties are used because it's free advertisement - they create money (tokens) out of thin air, then use them to hire promoters, while those things that you've mentioned - influencers, conferences, ads on top sites, etc. - they all require real monetary investment, which projects either can't afford or don't want to, usually because they are just scams. But even having expert marketing team is not a guarantee that a project is not a scam.


Are you measuring success in investment returns? Because that is unreliable, even the scammiest and shittiest coins can get pumped, but in the long run people will lose all their money if they hold them.

It is pretty ridiculous that some projects rely soley on bounty campaigns as their ways to promoting to investors.

It is time projects start offering  their investors more for their money by changing their promotion strategy.

The IEO strategy seems to be the best at the moment as long as a reputable exchange can be secured

The greatest thing for the project is concept and implementation. They should make their probable investors sure about the team's dedicated involvement in the project and the feasibility of the project, it's profitability and how the tokens holder would be rewarded for their contribution.
Presentation and advertisement would always be second thing. But while advertising, they should make it more community based than spending large on banners and ads. As, community would be the best way to spread good things and reach to the desired investors.

Although that Op has an angle but I also think that project owners are limited in areas that they can do real advertisements. For example, we keep hearing of news about social media like Facebook, google and others forbidding things relating to cryptocurrency (whether it has changed, false or not but we read them on this forum from time to time).

I think the advertising space is the real issue and that's why adverts can trive more in crypto related platforms until crypto is better recognized.

I do not agree with you and think you are missing the point bounty is a very good means of promoting any project we have signature bounty that target people in the crypto world and there is blog, social media even YouTube I think it's very OK and top cryptocurrency did it an reaped the reward

For that problem, most projects are not brave enough to spend their money to use promoters such as influencers or service providers because I myself also see some platforms that advertise their project as Google ads, it still fails, I don't want to call it, but what I saw this year there are some and funny there are projects that don't need to do such things for promotion, and not holding airdrop / bounty can still be successful

I have not seen a project that relied only on bounty and airdrops to market. Can you name one? And do you have proof?

What made you think they do not know all these things? I understand that hunters like you have all these ideas in your head and love to talk but do not underestimate the capacity of the team. They have their own marketing team for a reason.

Airdrop and Bounty is still an effective way to promote, this range is also not inferior to advertising on Google or other and also with this cost is also very low even this is a strategy that is very profitable for the project.

Bounties were the one that has been getting followed by every projects for their promotional purpose. There were more forms of campaigns being run by the teams, but the success always depends on the project value in terms of product backing, real time usage and various other factors. As Op mentioned advertisements through coinmarketcap and other websites will be effective and these days there were more projects doing the same.

Yes, all these promotions help investors get more information about the project. Because good hunters choose quality projects and publish good work on the project. They can analyze all the information. And if the project does not say it means he is dead.

A lot of serious projects do not depend only on bounties and Airdrops for promotion but it is one of the good ways to get the community acquainted first, the real huge investors may not be found on those social media, the project developers go out to meet them through symposiums and technical sessions, but the quickest way to grow a large community is through bounties and Airdrop because the crypto market is largely community based and they determine the value and not what it is tagged by the developer.

the fact is that very few projects can pay to some kind of influential people for advertising or even do some kind of strong marketing at the early stage

according to my observation, from the beginning until now I joined the cryptocurency and also active as a bounty hunter, I see every project launched has a CEO Team and has several Advisors to help develop projects and Advisors who will bring investors to invest in projects that they support from the collaboration between the CEO and Advisor teams ... and in my opinion the failure of a project is not based on the greatness and expertise of the promotion ... but many investors are looking at the product and business being worked on and which will be done from now until later in future..

Absolutely but not all the projects have enough funds to promote their project eerywhere,they might create pre sale before the public sale but eerything needs investment to promote or just like you said the bounty will be the preferred choice.

Most often projects run bounty company due to the fact that they do not have enough money and they need help. What about famous individuals can be a speech?

YES, bounty and airdrop is a good thing to do for advertisement and make the project popular but yes that is not enough.
Conferences are still one of the best to gather real people to be an investors on the project.
IEO is the best to have now as they will be on a good exchange and that is a good advertisement than posting on top websites.

There were many projects already who were hype and pays real promotional means like what you said but only end up being scam and some got failed. Bounties are very cheap compared to the promotion that the project can get from it. Also, I don`t believe promotion is the only reason why the project fails.

Basically, Bounty companies assume the distribution of not only information but also the creation of high-quality content that will advertise a new project.  Of course, we can talk about the company's limited signatures on the bitcointalk forum, but the Bounty company provides not only this direction, but practically all existing social networks where potential investors can be found for a particular project.but the team still has to work on promoting its project, going through all sorts of conferences and meetings with potential investors, and not sit in the office and wait for the Bounty companies to do something, but in the end the Bounty hunters won't even pay for their work.

I am sure the projects know this without our advice, but I have met very few projects for which only one advertising way is a bounty campaign.

For sure it is not enough, a good team should also work with big influencers and have a good marketing plan to not let the token price go down. Moreover, a trading competition on a regular basis is also a must already.

I agree with you somewhat but actually there are many factors that lead to failure to reach soft cap, most important factors include non-attractive project, low quality website, low or no practical use cases, hidden team members and copy paste whitepapers etc. Secondly bounty campaigns are not only to attract investors they are intended to send the message across and also building up a community of supporters of the project.

They use those bounty rewards to spread the coins among people so they also start using it. It is actually a very effective way to promote their project. First of all they are getting their promotions done through the bounty hunters and secondly, they can easily pay their bounty hunters using their own tokens which also helps the usage of the project.
Not sure what you mean by they are "used to bring in investors"? Do you mean that bounty hunters are "the" investors or they are helping to bring in investors. I don't see anything bad in both cases.

Very good point of view, but in the same time we talk about people with no money and many dreams, the only money available for them is after Crowdsale, so your theory is ok about 80%.

now everything is not enough in crypto world, need to wait for growing TOP currencies and I guess bounty will be more profitable

The world has a large number of ways to advertise themselves and bounty companies are one of the ways.  I think it is self-sufficient and it is well worth taking this way of advertising and for the user. This is a great way to earn money.

I think that bounty company created to the organizers were able to raise money for more effective advertising. But alas, most often money is spent irrationally and we see a weak weak coin that can not survive in the market.

I agree with you, majority of the private investors don't lurk around Bitcointalk, twitter, Facebook and co looking for ICOs to invest in. Getting the best result goes beyond bounty.

I don't think many projects rely solely on bounty it get all the promotion and advertising the project needs. Few projects rely does that and as a project manager, relying solely on bounty to call in investors is a poor marketing skill, you really need to organize conferences and seminars, advertise on top exchanges and marketing sites but relying on bounties alone is a failure in advance for the project if it does not have a strong financial backing.

No doubt, but encouraging supporters is a very interesting marketing. Maybe this type of campaign is getting saturated and developers should come up with new ideas or do this type of campaign differently. Another interesting aspect that we must not forget is the style and type of project.

We should reflect on this.

Yes you are very right
Bounty alone is not enough for projects; they need to find a reliable exchange platform to launch their ieos and develop quick

Likewise, bounty is not enough for a bounty hunter
Bounty hunters need to learn to save up a ton of $ and practice trading

They are not limited to bounty promoters, some project developers are also promoting their ICOs in cryptocurrency sites by making announcements and other cryptocurrency platforms. There are articles that are being published and videos made about the project in youtube and besides, most investors can also be found in cryptocurrency sites like bitcointalk and other related sites. The fact that they fail in reaching softcap and hardcap does not really mean they lack promotions, some of the investors do not just trust ICOs anymore.

IMO bounty or airdrop is a good form of marketing and its quite extraordinary, as for other things its needed indeed to hold meetings and also marketing in other media but that also does't enough to make investors believe more. Success in a development requires a competent team in a product not only that other factors must also be considered, think attracting investors is not an easy.

in my opinion what you say is not in accordance with what I think ... because in my opinion all projects do not rely on bounty and airdrop to carry out promotions as a form of marketing ... because we can pay attention to the allocation of funds to campaign bounties and airdrops only 1-5 % ... means that only a small portion is given to bounty and airdrop participants ... then please re-learn which is the cause of a project failure ...

Yea bounty isn't enough as things ain't as it use to be as hunters isn't getting paid as they are supposed so I will survive trading and mining to incorporate bounty and widen your expectation

They need to carefully prepare for this, do everything at the right time, depending on the stage of the project, so as not to lose all the money, few people succeed.

I agree with you. Bounty Campaigns are just medium of information from the community to the investors. It is still the investors who will decide whether it is a good project or not. I am not saying that Bounty is useless but it is definitely a great help in spreading the good project to all. When an investor is interested about a certain project, it is easier for him to trace what existing projects to be invested in. That is what marketing is all about. It is more on awareness.

Very well said. Bounty campaigns is also a great way of bringing awareness to all investors and even non-investors to guide them which project will likely to be sucessful and which are not. You're right when you say the decision relies on the investors alone but having bounty campaigns will really make them more guided and will be easy for them to decide.

You are very right, bounties and airdrop are very useful in their own way despite the fact that even the team do not do well with their agreement when it comes to bounty, however as you rightly said these are not enough, the team should always come out with sellable ideas and not abstract things that are not achievable. Great and real ideas, competent team and promotions will help to achieve the desired goals.

I agree with you that bounty is not enough to bring the real investors. A lot of investors don't know about the bounties, many know as a spamming campaign! To be successful in crowdsale, a project must have a good media conference, attending on big events really help a lot, therefore big platform like CCN, Cointelegraphn, Nasdaq, Forbes really help a project to get success! Though Bounty also does better sometimes to bring investors on the board. I asked a project admin about it, he said at least 500 investors came to our project through the bounty campaign, we are grateful to them!

project cant really rely only in bounty and airdrop to become successful and having top notch marketing program will not also make it succeed
in my opinion for the project to become successful it must have a good purpose for people to become interested in investing in the project

I agree with you, community members are an important part of being able to give ideas and suggestions, I prefer projects that do Airdrop to get a lot of community members, projects that have a good team of developers will always have discussions in telegram groups according to products and maps the way they have on whitepaper.

Very well said, i also think that bounties and airdrop campaigns are actually lack to promote a good project. Project should have more influences to promote their project as well as to get investors trust in their project.

You're right, nowadays bounty campaign and airdop are not enough to spread awareness to the community and gain investors (though it has an impact too).

Many projects failed to reach their softcap even how promising their project is. Having a top influencer or reputable site to help them to promote is great but I think the problem of most of them are lacking in budget to sustain the fees.

If they want to succeed they have to think in advance and not just be contented of what they used to.

Of course, bounty alone cannot be enough to earn much profit in crypto unless a bounty hunter must be ready to work tirelessly on extremely numerous projects because the percentage allocation for bounty programs at large is always small normally ranging 1% to 5% of the entire token supply. Other options to consider include crypto investment and trading.

I guess a lot of crypto projects nowadays have realized this already. We have seen a lot of successful ICOs that did not even conduct bounty promotions. On the other hand, we have also seen a whole lot of bounty-promoted, or airdrop-promoted, projects through a lot of social media and even here on this forum that did not even reach soft cap. In other words, there must be something more than just bounty promotion that determines the success of a project. 

A management ads is not easy, bounties are paid for by allocating their tokens and that is the benefit of marketing because developers don't have to pay with other money. what you say is true, where developers have to use other places for marketing to make it easier to reach investors, especially if some well-known figures participate in the project, but again how much benefits will be gained from it.

Bounties are always good to spread the world about project and airdrop make bigger community, i agree bounty alone is not enough, increasing collaboration with influencers and expanding events in various cities will increasingly convince investors that the team is real like the blockchain summit, conference and so on.

Let's analyse bounty campaign:
Bounty hunters have friends who are bounty hunters not investors so its unproductive using it as a means of marketing.
Bitcointalk is housing bounty hunters the cycle keeps going. Projects need to put in more efforts in marketing to raise funds.

The suggestion are good but the developer project need more money to choose some expert or someone who has popularity to promote their project. And also promotion just only a tool and cannot be used as a main purpose/way to attract many investors. I guess the project which is less desirable by some investor it is just because the project itself. I think the good project doesn't need promotion when they intend to present their project. The developer's project has important thing also to attract investor, don't be imagine the current investor just look on how the way the project held a promotion.

the success of the project is closely related to the bounty campaign that was carried out. many successful ICO projects have carried out with the bounty hunters help, if the ICO fail cant blame the marketing strategy work but the project itself does not attract investors. without the bounty hunter help can ICO able to pay for promotions in various media.
rather, they are greatly benefited because in generally bounty campaigns alocation no more than 15% from their fund raising.

One of the good thing to do is to have more influencer and businesses summits to attract more potential investors, if the business industry gt their interest with the project the progress will be more possible and the growth of interest will be lifted, projects needs to have big back up supports and it can't be done by bounty alone, developers needs to do their job by continuing to find venues to attract more investors to get in and ride with the project.

OP says is make sense besides bounty the devs should more active to promote their projects not only from it but to makes ads outside forum the cost will be so expensive and i don't think they will considering this as good way to get potential investors because there is no guarantee if they do that then their projects will be successfully especially crypto projects such as ICO not too popular anymore

bounty and airdrops are good marketing strategies, this method has proven to attract many new investors and lay people to join and take part in this industry. the rest in my opinion depends on how the developer works and the team in developing the products they make.

I don't think that bounty is not the right tool to promote a project, and cause investment funds not to reach the softcap, but the reality of today is that there are too many hidden projects to cause many investors to hesitate and choose to remain silent. maybe promotion actually becomes a good way. but the most important thing is that the project team must be able to prove that they are not a scamer.

for the current situation, I agree that the bounty will never be enough for our portfolio. because now there are many bounties that are very slow to do the process, whether it's distribution or listing, so it takes a very long time, even 6 months to 1 more year. therefore there must be other initiatives such as trading, or long-term investments to fill the portfolio gap while waiting for the bounty. maybe 2 years before, just a bounty was enough.

Bounty alone isn't enough to promote well a project, however with the help of social media campaigns, it help promote the project better since majority of the people now are along and keeping in touch with their social media accounts. But i think its not enough, much better if the project does have a website and make unique quality products or outcomes of their project so that many investors would join in the project.

Bounty campaigns is a tradition in projects that want to promote their project by paying tokens, btc, eth etc to their participants. It's a mean to give additional exposure to investors worldwide, i think projects has their own marketing team and they know bounties are not enough way to target their audience.

That's a good advise, bounty alone is not profitable and one cannot rely on it, best way is to look for other opportunity to make money, we don't have to find a lot, but only focus on the one that could give long term success if you do better, and I'm talking about trading.

It's not a job where you get a fix salary but you invest on your skills here because you believe you can make, this kind of way to make money is very risky but if you are good enough, you'll consider it the easiest way to make money.

It is a way to promote project marketing to investors. Not everyone will know your project whether it is a potential or a talented team

Bounties are great way to introduce and distribute cryptos, this measure the willingness of individuals to participate in promoting the project, however, the number of participants or even the duration of bounties are not a measurement of success.  

That's true, having bounty campaigns as the only marketing activity for a project is not enough. marketing of any project is one of the integral aspect which would help the success of the project but most  team members don't really put this into practice. There has to be several press releases so that many investors can get to hear about the project only then would tokens sales reach hardcap.

I do not think that in fundraising marketing companies in the initial issue of coins (ICO), something essentially needs to be changed. Previously, the ICO teams very successfully raised funds for their projects through the bounty campaigns of the ICO, even at a time when cryptocurrency was not as well known as it is now. The problem with fundraising now is not the inadequacy of advertising the project, but a fall in the level of trust in such projects due to numerous frauds in these projects. If you remove fraud in ICO projects, their popularity will increase again and there will be no problems with fundraising.

any project who solely rely on bounty and airdrop as a means of marketing is a total amateur and that project to be honest will not work. I have seen projects like that, and they don't go far. Bounties and airdrops should serve as a substitute to the companies marketing.

I agree on bounty alone is not enough the team should do their part by building investors confidence in their project, they can do this by taking up AMA ask me anything webinar and holding conference, I hate projects developers who are very hesitant to show who they are and what are their expertise.

Gone are the days of code for more or less successful promotion of the project was enough bounty campaigns or airdrops. Now bounty can be seen only as an additional campaign. Competition in the ICO has grown very much.

Even if they protect properly and massively, investors will not invest if they do not have a good platform that investors will find interesting and many users will use it, it will not gain ground, developers should first look at their own project if it has potential, if there is none than promoting it will not complete the goal.

Don't worry friend, the bounty will still continue and give you profit. even though the current market conditions are not very good for bounty hunters because not many projects pay well. but the bounty will still be there to help new and developing projects promote their projects.

maybe you are right,
but don't forget bounty also help the project to spread the words about the project itself
especially signature campaign, social media and content creators, because all part has different target my friend
and bounty is one from many way in marketing strategy buddy

Bounty campaign to promote a new project is the least option for the any project because it doesn't need much money to to run only the investment needed for it manager salary per week or monthly.and the effectiveness might be less if they have only spammers for the bounty campaigns and it is the reality because high quality poster will not available for useless token payment.

A project requires marketing and for the project to succeed, developers usually need the help of an internal marketing and external marketing team. Bounty is an external marketing team and indeed Bounty is not enough to make an ICO / ITO / IEO / STO project a big success but at least the Bounty has helped the project to become big.

sometimes many projects that carry out promotions are just bounty without any promotions such as paying influencers, doing big promotions on sites like coinmarketcap and icodrops because they don't have the funds to finance them, therefore the project only relies on funding running on its own without any paid promotional actions.

many of the ICO or IEO projects also carry out their own promotions by conducting events and collaboration. it's one form of seeking support. especially now the IEO with the support of the exchange will definitely be better. some IEO project managers also carried out bounty campaigns, because they considered the bounty campaign to be very important in building stronger communities.

Good companies do not just hope for rewards. This is a small part, I agree that 90+ percent are generally unnecessary projects that only litter everything here, so they work with it only.

Marketing has been an integral part of promoting any project. And it is true that no matter how good a project is, its promotion is always essential. It will be helpful for a project to get a success if it reaches as many as investors. So advertisement is essential. You are right, conference, interaction with investors and people are necessary for advertisement of a project, apart from bounty campaigns and airdrops.

the possibility of a new project deciding to use a bounty campaign method because they lack funds and need investors to do as you say. I do not blame a new project using the method as long as it has been established and runs the project correctly and does not harm others.

Bounty and Airdrop are excellent means of promotion until now. But they also depend on the project they are promoting. The project should have a good prospect and the project must be real. For me until now still, follow the Bounty and Airdrop because it's a great tool for developing projects and making money.

Good advice for project success. But in my opinion, the bounty program is still maximal in promoting the project. Because in a bounty program, there are social media campaigns that have a quick reach to investors. However, if there is a new breakthrough for the success of the project, I am very happy.

I agree with your opinion. But most of the ICO projects are not paying attention on the media advertising option, Since they are holding the funds for the further development of the project. Thats why most of the time they rely on the Bounty Campaigns since its not worth that much, paying just worthless tokens. compare to the cryptocurrency advertising that accepting only liquid cryptocurrencies. These is the reality that bounty was the cheapest form of advertising in crypto-space.

On the contrary, a project might engage it's main promotion on bounty and airdrop and still be successful. What projects need these says is not promotion or marketing alone, but proper and adequate development.
A project that has a real working product will be more successful and last longer than a project that spent most of its fund on marketing alone, because such will not have a lasting effect.

if I only rely on bounty and airdrop then in my opinion it will not get maximum results in the launch of an ICO or IEO project ... and in my opinion here the advisors also have an important role to look for investors ... as well as investors must help carry out the coin promotion ... so that good cooperation is established to achieve success ..

As I have said before, business model has evolved as well. Projects really need to step up the plate if they wanted to be successful. I haven't heard any project right now that just rely on bounty or airdrop to promote their ICO.


On the contrary, there are a lot of project as well that went to many conferences and media exposure. But sadly, investors are getting smarter, they don't have the same hype in 2017 and most of them just stay away from those projects.

One of the reasons why they cannot do this is they lacked funding, those methods you've mentioned required Bitcoin or Ethereum, they will not accept coins that are not yet in the market, only bounty hunters will do this, they will accept coins that are not yet in the market, in the hope that they will be rewarded once the coin they've promoted get in the market.

The power of bounty participants and or airdrops is huge, lets remember that it can scatter all over the web because there are hundreds to thousands of bounty participants, who will be doing the promotion, so lets not look down the power of bounty, maybe the most important thing is the influential people, in this way thousands of supporters to that person maybe be able to draw attention to a certain project.

This is the correct idea. Any project can attract attracting investors, but in the present world, nothing is possible without marketing. Projects for this are first arranged for marketing.

It is not every project that can afford very huge advertising, right now that ICO's is not easy to come through as a means of raising fund for more adverts and promotion, bounties help a great deal, infact it contributes more than 50% to project development as it is the easiest and fastest way to attract investors and build a community

Bounty has not been enough simply because many bounty hunters end up promoting time wasting projects ,each and everyone of you are to be blame for your own actions ,if you end up promoting a scam project just learn from it and keep looking for better ones ,only those who aren't ready to learn will remain in the same spot

Back in the days hunting for bounties is a very rely source of income ,the reason why everyone is complaining right now is because of how hard it is for them to detect good bounty project,we have too many fake projects pumping up on this forum almost everyday and don't think that all of them have something good to offer.

Its true that bounties are not enough to make a certain project successful. But take note that it is a big part of its success. I think to improve the effects of bounties in a certain project, the quality of the campaign should also be improve. Also, all types of campaign should be active and it should include blogs and youtube promotions. Lastly, the marketing person should be an expert and experienced.

It’s a good type of promotion, but of course not the only one

Bounty promotion is for awareness only but if you want investors to invest in a project, the team should show up who they are and what are they trying to accomplish, it's the project itself and not the promotion that will make investors invest.

Agree with you, it can be even different games to win tokens

Just played such game of one blockbattle finalist

Actually, the aim of bounty is for advertisement, promoting a new project provided during ICO, IEO, or other crowdfunding systems.
So far, there are several types of bounty campaigns to maximize the effectiveness of project promotion. But of course, it is only for promotion, the important thing also lays on how the team can make investors trust, attracted, and also happy to join and survive the coin from the project.

Oh, I watched. Who has such game, curio?

U guessed it, they launched it dedicating to blockbattle

Cool, can you share a link?

Sure https://www.curioinvest.com/game 

The Project doing bounty campaign because it only pay small money.
Often, the project is choose to pay with their token than pay the professional advertisers with huge money.

Imagine that you would start a new project. I don’t think that at the early beginning you would have a lot of money to implement good marketing, and bounty campaigns allow you to do it without having a lot of money

I agree with you, if you only expect bounty I think all projects will fail.  But all projects should respect the Bounty Hunter community, because many previous projects were successful because of the community

I think that a successful project can reach everything, whether it's giving a gift, or working with another project. because the project needs to run well so that in the future it can survive and attract many people.

It's a good  strategy to promote a new project by the use of bounty campaign to catch the attention of the investors, bounty hunter's will surely share interesting stories to promote a project.,because  advertising will need enough resources, while in bounty campaign is just part of the profits, that should allocate.

i strongly agree with you. There comes the saying that, "The most adopted outweigh the most fantastic". Just like any other artists, singer or any other companies out there. Marketing is the most important thing here on earth. We all know that you know someone who can make burger tastier and yummier than mc donalds with way cheaper price, but why people still buy mc donalds ? the answer is, it is more known and adopted.

This is a form of maketing 0$! They create their money promising to pay bounty hunters to help them. This is really good, But not enough! The number of projects is very much, many of which are scam projects, Investors cannot bet their money on bounty hunters

All their efforts and time spend during its creation will just turn into nothing. This is what it happens to some projects, developers never anticipate the possible problems may occurs. It is a market competition where developers must seek into it and find substantial programs that could add attraction to the project otherwise, it will just be overlook by investors.

Of all the points listed TS the most effective (in my opinion) to attract the target audience will be participation in conferences. The rest of the points either will not give the desired result or will turn out to be useless.

The author of the topic is right. But in order to attract stars and various famous personalities to the project, you need a lot of money. And many young and beginner projects do not have them. Therefore, the bounty of the company is still a good means of promotion. Especially the signature company, because many cryptoinvestors see it.

The alternatives that you have listed here may be more effective, but they are very expensive as well. The first point you have listed out is to pay the top influencers. Now these guys are not going to accept payments in shitcoin. You need to pay them either in fiat or BTC/ETH. And I am not sure how many of the ICO promoters will be willing to consider that.

There's tons of ways to promote a project, its all about the effectiveness on different trends, i believe bounty and niche side would work as effective as other common means like advertisement, endorsement and such. The value proposition needs to be there on point as many investor have limited knowledge on reading the technical details, they want good words and if project could satisfy these properties, mostly about legals and exchanges to attract investors knowing their funds are safe from the start at least.

       That's true these are not enough to advertise the project , but if the investors will go directly to the thread and asking for help to find new project to invest , I think that's the right time to introduce the project we're going to promote .

Bounty and airdrop are just for attracting awareness to the public and make the project keep popular using social media. Bounty and Airdrop are NOT to gain an investor to invest in the project.
Also, many startup projects always use Bounty and Airdrop to promote their project because they have a limited budget to run their project itself...

For hunters it is very dependent on the prize project, the less risk of losing money, but the risk of failure or fraud is very large.
So far, I can assume that gift projects do not function more than a few projects that I follow are vulnerable to fraud and also the price of tokens is difficult to improve, as much as possible we should trade Altcoin because expecting gifts is not enough, we know that because the situation is not so good .

Bounty is always effective when you are promoting project but it doesn't mean that you should rely on it if you are the owner. Many of the projects today are just paying for the bounty and they are actually rely on it which is not good for the project. Marketing should be done in different ways. Products and services is also a means of getting customers and investors.
Bounty as the only way of marketing will never be enough.

You are absolutely right besides the bounty, there must also be other ways to promote a project, because I think only a few people really believe in investing on the internet, unless the project offers directly. to convince investors that it is not fraud.

True and i still don't understand why they think bounty promotion is all they need for the project to succeed, it would even be better if they reduced the bounty pay out and use it to list on bigger exchange or for big advertising on platforms that can reach more people

If we measure the size is enough or not, indeed this human is never satisfied with something, but if you have an account that still has a fairly small ranking can be said is not enough to get big results, you better start investing or trading on  some other coins

It poorly depends on a project, because some of them are just launching a token sale, without holding a bounty or an IEO. You need to be able to create enough hype around the project and people will invest in your TGE like insane.

A lot of projects in the past, still succeed without bounties.  Bounties is a great tool to promote the project and to create awareness of the project. However, the team itself has the responsibilities to make the project successful.

It is not only about advertising but it is about earning when you are working only with bounty and signature campaign you will not get enough money live better life so it is good to earn addition income with the help of using bounty and signature campaign it don’t need anything to invest but spend your time only.

what is meant by the thread above, that bounty is not enough to promote a company. I agree with the theme of this thread. that the company must spread the news in the world by spreading on the famous site or the biggest so that they can see the company. like in investor forums, discussion of bitcoin etc.

In my own opinion is that bounties would still be a good source of free marketing for the company or organization with coins to offer as investment. Many people and I mean a good number, a large number of people participated in bounties and were able to help boost the image and marketing of a project and propel it to success. So I think now is not the time to change the course of projects as far as marketing their respective projects are concerned. There are other ways to market but bounties should not be removed.

I will never say bounties and airdrops are not good enough to to advertise a project, hell no, I won't say that but truth be told, a project with a great ambition relying on bounties and airdrops alone to market its project will struggle other than a project that have seminars and conferences with investors with Founder or CEO available explaining things clearly. In fact, bounties alone ain't enough.

It's a target of the project so you can be more confident with the next step..
We ourselves as a bounty do have a very important role in the progress of the project,, But without the investor sitting along with the bounty hunter the project will also not be successful..

Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .

The bounty job is temporary and I think we should not focus all on it. I have a outside job and I see that doing the ICO bounty is the job to make the bonus money serve for my living and bill. Now the crowd joining the bounty and the reward is less.

Yes. That's the truth. You cannot solely depend on bounty as a reliable source of income. Bounty alone isn't enough if you want to earn money because bounty rewards are now less. Gone were the days bounty rewards were great. With that, one could take bounty as a full job but not now. Times have changed.

There are some other ways of marketing, that are more effective than bounty or airdrop, but there are do many reasons why bounty and airdrop might still be be included.
One of the main reasons is that, other means that will work fast and effectively well are very expensive. Which some project teams cannot afford.

bounty and airdrop is a very effective media campaign on the internet. but not only that, I think the promotion must still be done in the real world such as gatherings, seminars and so on to attract new investors who have not entered the world of crypto.

Using bounty hunters or airdrops to promote a project is very economical, cost effective and perfect. There are other means of marketing a project besides using bounty hunters. There are means of advertising on Twitter, YouTube and even this signature campaign.

Organising conference are good but that will be expensive to pull up especially for new projects. It is not even rational to leave a cost effective means of marketing for those ones that will gulp money from you when infact, the owner of the project is actually still praying hard to reach his soft cap

in 2017 I made the bounty campaign the main income because this year there were many campaigns that paid participants high enough. 2018 until now I only get a little income from the bounty campaign.

Bounty is not enough that is why they need to attend to different meet ups and conventions to promote their project and tell the world about it to make it more successful.

Bounties and Airdrop are also important parts to bring in investors. I think, gifts are a means of promotion that doesn't cost a lot. And I also think that what you convey is true. That is what must be considered by the project that forms the team with their respective duties.

It is still significant because most of the people that talk about crypto are mostly in this forum, twitter, telegram and etc. But it's only for small companies that don't have enough money to launch in IEOs that asks for hefty amount of money plus another amount of their coins. Small projects will have no choice but to depend on bounty but again, it's the project that is very important to showcase at the end and not the marketing.

That must be done for every new crypto project. not only promotions through bounties or other media. Because attending other crypto events will give promotions to everyone at the event so that large investors also see their projects.

Bounty campaigns are done for advertising purpose only , so you think that you will get a Bitcoin in return. Bounties are just giving you reward for your work and if you want to earn a lot of money , then you should go for trading.

You remember a project like PinkTaxi? The one that John McAfee advertised. So what? In the end, the project failed and John McAfee expelled from America) This proves that if the project does not have good funding, it is doomed.

Totally agree with you. Bounty is a good way to attract extra attention for the project, but there should be fresh news, announcements about partnerships etc. to make people interested in the project.

Yes, that's right, to find new investors requires expensive action, for example the CEO of a project must be able to embrace a good partnership, so that investors will create trust to participate in the project, because relying on Bounty campaigns is not enough.

If a new project do all these things then they have to make a huge investment out of their pocket before collecting any funds but through bounties, they get a very cheap advertisement and they have to pay them only if they achieve their targets.

They can do all these things that you've recommended if they have their own funds but unfortunately, this ICO's rely on IOU or I owed you token and bounty hunters are very much willing to accept those IOU token, you cannot do that to influencers or coinmarketcap.

Bounty rewards are only paid if the project target was met ,which is why I won't advice anyone to depend on bounties but if you are someone who is always free 24/7 then you are capable of joining multiple bounties so if no payment received from one you will get from other

Bounty alone is definitely not enough as promotion strategy for new cryptocurrency projects and things because a lot of these bounty campaigns fail to reach the kind of audience who would have been open to investing in such a project.
Now crypto projects have to revisit their strategy as regards how to penetrate consumer markets.

basically bounty like a free employee
i mean , the team will paying bounty hunter after the token sale ended, or not pay anything if they didn't get sale target.
and actually its not too effective,as far i see.
but how to make it worth ?
because most of project also have low budget for real promotional to major magazine like coindesk.

This topic really shows the paradox with ICOs and marketing.
In stocks, when a company decides to go public and offer shares of their company, they do an Initial Public Offering (IPO).
Typically, a company won't go public until they are established so when they do their IPO, they already have some kind of presence and marketing budget.

So with ICOs, there is basically none of that.
99% of new crypto companies are brand new startups.
They don't have an operating budget and presence, that's why they are raising funds.
So a lot of times, they have to resort to airdrops and bounties because all they have to do is give their token away.
In the real world of business, over 90% of startups fail, crypto is the same.

Of course, investors won't be interested just because someone put an ICO ads in someone's signature. they are interested because of the innovations they bring, bounties will not be enough to attract and make people interested, the actual function of the bounty is so that people know about the existence of that project, for interest depending on what the project brings

That is, you want to bury the whole meaning of bounty campaigns, when an ordinary person can participate in advertising and make money on it? In the case of hiring influential people and ordering advertising, bounty will lose all meaning. Advertising is not always effective and is very expensive. Therefore, many campaigns do not abandon the bounty and do the right thing.

actually, bounty and all task is for us as crypto player. and the most member in crypto is in this site. they can make bounty in real life, but will they believe if they are not crypto player? and im sure if it can be happen in real life, it will be more effective and many people will interest on their project

I completely agree. I even think that bounty campaigns are not even that great at getting to investors. The audience that is attraccted by bounty posts and signatures, is basically more bounty hunters :)

It helps a little bit, but there should be more being done by the teams that want to be successful. Hype doesn't just happen out of no where...

As a free marketing it is debatable of the most of the projects to have a bounty campaign and I prefer to participate in the bounty project than missing it. Bounty hunting is the worst activity if there is no real development by the bounty manager and team.

in my opinion if a project only relies on bounty and airdrop can still be successful. and there have been many projects that rely on bounty and airdrop as a marketing method that is carried out by a project ... because the influence of social media is very large in this technological age ... everyone can believe something just because they know through social media ... but to perfect a project then there must be other methods to attract investors' attention and trust ..

Bounty should be extra than what you do because it is not worth it and only a handful of projects form those 1000's in a year will work and give you money and rest will be totally worthless. So better to keep it aside and work on something new.

even though bounty is not enough, but the existence of gifts is very important and may be used as a good promotion. there may be many more effective ways such as directly cooperating with large exchanges that are one of the most effective ways of bounty

i agree to advertise a project well and make it known on a large scale, the bounty are not enough but team have to invest and make an aggressive advertising with tv commercials, radio spots and billboards, presentations at various crypto events...

ads that aren't made that way. the project must be in line with the advertising media. many target a lot on social media, because many people use and are active there. some like this forum and many use signature campaigns. all depends on how the target is to be achieved from the results of the bounty hunter.
although now the results obtained are not that big, but now many are joining and want to make money from bounties.

Before the team decide to pay advertisement, they will comparing with another media promotion like bounty and airdrop as usual. I agree with you to advertise their project to famous site related, this is not only to promote the project to people but it can be a "benchmark" how serious that project will running.

it becomes important because they certainly need a lot of money to be able to advertise on large sites regarding their projects. if they can pay for that, of course the bounty campaign will complement the promotion of social media outside the community project that has been built. the bigger the community, the better it will be to support a project that can grow and have a good market.

You have to know, bounty hunter get paid by the project's coins/token. And there's coin/token allocation for bounty hunter for every project they do.
It means that, they don't need real asset to pay the bounty hunter or in other words it's free. If they want to hire or pay influencers, they need real asset to give to them, as far as i know, top influencer won't accept new token that's going to be produced.

So it’s now that bounty campaign is no longer enough, is it not the same bounty campaign that they have used in the time past to generate funds within weeks, how is IEO projects able to easily reach their cap without using those other means you talked about. You see, you need to tell the developers the truth, relying on bounty campaign alone is not the reason why these projects are not meeting their softcap, bounty campaign is still very much effective.

The truth you need to tell developers is that ICOs are no longer getting attractive to investors again, because most of them are having the mentality that they have nothing to offer, other than to take money and produce a quack project that will not last long. Investor would really not waste their money any more, which is why they will put security first., even if they like carry bill board, do jingles, they may still not meet up, if they font change some certain things in the ICO market.

This is why there is intention to eliminate bounties or campaigns that only pay through altcoins or tokens. Because, there is an assumption that if companies have to pay something in bitcoin to run their promotions (campaigns, bounties), there are less scam projects in the forum. However, it is still an assumption, and no one can demonstrate it.

Bounty alone is never going to be enough bounty hunters are just sending the messages and the offers across potential investors, if they see the platform and the project and they think it's worth their money, they readily invest on it, but if they think it's a bad one they will just shun or ignore it.

therefore many new projects use services from bounty hunters for the initial stages of raising their development funds. if it has been successful from sales, they have the funds to do events and advertise on some of the top sites.

that is correct.  I have been in a bounty where the project left all the marketing work for the hunters to do. At the end they didn't get a better result. Bounty should be one of the means of marketing

indeed, bounty was used as a marketing and promotion tool. but unfortunately the bounty hunter does not get the maximum results from the project being followed. now we can see too little allocation for bounty campaigns.

You have a point there but i doubt the project's team would do that as they will spend a lot of money if they hire top influencers in the community. BTW, who can we consider as a top enfluencers in the community?

Bounty and airdrop are very good as a project promotion tool. Indeed, at this time there must be new promotional media to facilitate the achievement of information to investors.

do you think that bounty campaigns will quit? I think this will not happen. just the bounty campaigns change itself. there are creating more opportunities to promote the project

Many IEO's are using bounty hunters to prompt their coins as they thought that they can huge advertisement and they pay to the bounty hunter after completion of IEO and they have to pay a very small part of total collections.

Because IEO is easy to find investors compared to ICO, and we don't have to complain on the reward if that was already stated when the campaign starts.
For sure before we sign up to work, we already know it exist and we agree on that.

yes, the project TIm should look for a strategy so that the bounty hunters can maximize their project promotion. and in my opinion the promotion using bounty hunter is very effective because most bounty hunters are joined by the crypto community.

Yes, of course, we, as hunters, missed a big boom. However, if the hunters stop moving projects. Rotate investors generally can not find information about the project. They will have to pay large large news sites. That is much higher than the budget of hunters. And not always suitable for the legislation of the country.

For now BOUNTY is not so effective fot just advertising and and some things like that. But then, bounty is cheap in terms of efficiency, for the bounty itself much better than just purchase for some advertising. by that is from my point of view.

You have a good point. Bounty is good source of income but if you are doing it alone it is hard to support our financial issues. If we think we have lot of choices and opportunitues that we can grab to earn crypto. We need to use and grab the opportunity even the knowledge or resources that we have or that we can use to make our life better and to have a great income coming from crypto industry.

for bounty campaigns, it is indeed very difficult to publish a campaign because the audience that is obtained is already lacking and especially in social media because I see many who use fake audience accounts and I agree with marketing techniques through advertising providers because it seems that it is still effective

I agree with your point of view, all of which are very reasonable. But it is only suitable for projects that have invested initially or are backed by big VCs, because as you say, hiring celebrities, participating in events is very expensive.
With startups, they don't have enough money to do that, so bounty is still an effective way when they pay with their own money (tokens), and promoters will have money if the project mobilizes funds.

Not all gifts are successful, there are also broken gifts and even gifts that are not paid by the manager, but many follow gifts because they do not need to spend capital first but if they want to become investors or traders must spend capital first, even though it is more profitable than  bounty but people will still survive with this gift

The fact remain a good project doesnt need too much adverts. It always attract investors by itself with just little promotion. I will never write off Airdrop and Bounty Campaign as an effective promotional tools for ICO Project. I believe they also playing their roles. Bounty hunters conduct all sort of campaigns which i believe is highly effective . i.e Content , Youtube  , Banners and Signature.. Somehow , those promotional techniques play their parts.

Another point again is that, it is not good to depend on not just bounty, but cryptocurrency in general. I believe that those who based their livelihood on it alone will be able to say much about the challenges they face, because  they will not be able to stick to whatever right decision that will be of help to them and that will maximize their profits. Having another stream(s) of income outside the crypto world, is of utmost importance.

Holding bounty campaigns and other kind of marketing is very recommended to attract the investors.
I think IEO is one of the effective strategy to promote your project to many kind of users such investors, traders, holders, etc.
For example the Harmony project, they was running bounty and IEO, and their project have succeed to raised money.

Sometimes i am tired to join bounty campain, I dont know why i just have a fail bounty in this year.
Now Jule 2019 and i don't get income payment in bounty campain.
There is ao have a deley, not get paid and scam project.

Bounty is never enough as it's not a job that could sustain our needs, just do it for fun, if you make some be happy but always long for something that will give you a fix income and that's your job or your business. I know a lot of people in our community which quit their job to do full time bounty, but now they are back looking since bounty is not as profitable as before.

Right, if you'll treat this as side job you can still enjoy working without expecting too much from the bounty, you should understand that this year is no longer like way back when there's only few bounties that really pay good rewards after  your participation.

If you decide to continue joining do it not to aimed big rewards but to help the project that you believe, focus with how the team could succeed because after that you'll also harvest the success for joining successful project.

In order to maximize ones profit, a bounty hunter is required to endeavor to participate in other avenues for making profit in crypto which may include trading and investment. Bounty hunting can take as long as 6 months to receive thus when the bounty program is run for about 3 to 4 months and distribution takes about a month or two.

I noticed that new projects do not want to invest in the promotion of their product
they even take out the token, on bad exchanges with a small number of users,
there the price falls and they are not taken for good exchanges

Bounties and airdrops now are not as effective as before. Perhaps because when it comes to such marketing strategies, they are done by almost each and every crypto project including scams. Nowadays, they really have to face the potential investors through road shows, seminars, talks, and the like. They really have to answer the questions in front of them.

projects that only rely on bounty hunters are projects that are of less quality, and do not want to spend money to hire top influencers, the most important thing is how they can market their projects, and usually this will be successful depending on the amount of funds they spend , the greater the capital spent, the greater the success they will achieve.

because they don't have development funds. such projects are not very good to follow. I am more interested in projects that have worked together with exchanges when holding bounties. it is the best marketing method because exchanges already have a community that is ready to buy their products if the project is really good.

Every project has a marketing budget/tokens and out of that they use some for bounty campaigns. I agree that it can not be the only mode of promotion and if team relies only on it then bounty hunters will also get less value when they sell tokens on exchanges. so marketing should be implemented by various modes as you explained. also one more important nowdays is market makers and i noticed projects with huge hype got dumped without volume/marketmakers.
as per me even 100k usd worth tokens are good for bounty and if team get good exchanges/hype then this 100k will become 500k usd. win-win situation for all people involved in that project.

That's what I think, airdrops and bounties are not mainly used to promote the projects to attract investors, but rather it is more like a promotion to build a community that will improve the project itself by getting feedbacks and suggestions. I don't know how a great marketing starts up, but I also don't think that all project can afford to hire influetial people because they are expensive.

Beside holding bounty and airdrop, the developer team should conducted their own marketing by establishing many partnerships with many companies. With a partnership, investors will be more interested because the product can be used in real world

Yeah it is true that bounty is not enough for a living. Depending on bounties alone can't give you the right amount of money for you to live in a certain time. Bounties can give you money but not on the time that you need it. Also, bounties takes time to finish which you need to wait and if you don't have alternative source of income, you won't have money on times you are still on bounties. So, we need altenative of source of income don't just depend on bounties alone.

I think most of the projects are really not just relying on bounty and airdrop but they have some ways of paid advertising too like their logos are in some sponsored websites, forums and even in exchanges. Bounty is a free advertisement in which they are not oblige to pay the hunters that is why most of the projects will really use bounty as part of their advertising strategy as if they will success or not they have nothing to lose in bounty advertising.

Of course if a project only relies on bounty based promotions it is certainly not effective but a project is successful if the team also contributes to promoting the project so that it can bring investors in large numbers but I disagree if the bounty does not act as a prize. important role because we know there are many investors in this forum, even you as a bounty participant will definitely participate in purchasing tokens if this project is indeed very good.