Bitcoin Forum

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

to reach to mass, you have to include mass! There's no other way! And that's the main reason why bounty is needed, big time! However, like any other system, bounty model comes with its own flaws, but that is controllable! But the fund raising models are indeed being questioned. ICO is already dead because of the lack of its credibility and IEOs are slowly taking over. The transition will take some more time but eventually it would happen. The scammers will be filtered out from IEOs because they would require extensive government permissions to conduct such crowdfunding activities. But bounty would remain as it is.

But I really don't like the KYC requirement associated with the bounties. People who are willing to share their KYC details to the unknown group of people, they are still participating in these and will continue to do so! But there will always be place for promoters in this field in order to reach the masses.

Many projects turn away from bounties, because it's being abused and misused.

More than 50% of bounty hunters who use social media as their tool, have accounts created just for that. Meaning they're mostly spam accounts which no one cares about, no one retweets, no one views. And as such is worthless.

I've done an experiment, where a bounty hunter had more than 15k followers on twitter. And when i checked his stats, it was like maybe 20 views of the post and not a single click or retweet.

Well IEO have thier own way of promotion thats why more of them do not need any bounty campaign. While other's want to also increase more engagement to thier project even they have an IEO.

There are many ways of promotion they just need to see if what of those will help that project to be well known and have more user's participate in thier crowd funding.

Some projects need bounty hunters to gain attention. This is of course depends on them if they wanted to rely on promoting their project. Likewise, what would be more effective? Putting an ads on cmc and famous sites that promotes crypto or employ hunters to do this for them? The answer is simple, and will depend on their funds. If they choose the advertisement on big platform it will eat a lot of money and therefore they resort to the use of campaign which pays tokens which they arent need to spend any fiat value or major coins to gain marketings.

Are there continuous ICO and IEO being funded by people? I thought most people have shied away from these types of projects and mostly, people who have been a part of it and have been scammed (I'm not saying all are scams) won't be investing in it anymore. You answered your question already and for sure bounty hunters spread the word about it no matter how many people are following them. Mostly this happens in social media platforms, etc.

And that just amounts to paying promoters for publicity/awareness and getting none of that, this bounty hunters just want to get paid, even if they find for themselves the scapiest means to not do anything but still get paid they will do that, this act does not encourage projects to still follow this means of promotion as they are paying for nothing.

But the truth remains that no matter what happens the role promoters play in this network will always be needed,  except a project doesn't want to grow, then they can do without promotions, it has its imperfections but it remains perfect for growth.

Bounty was never meant to be in a way that hunters work on 50+ projects at the same time and spam every channel they can think of. Most of the hunters use the "like for like" pages to gain followers and friends, and this is wrong.

Bounty was meant to work in a way that people who truly believe in the project get a reward for spreading the good word. Not spam

No project can get to the masses without any bit of promotion. This is the reason why promoters such as Bounty hunters and other promotional tools will highly be sorted out for. The services of a promoter is one that cannot be overemphasized as projects need their brands to be known among the masses, Brands want to create awareness and adoption. Brands want to be popular. Hence it is through promoters that this can be achieved. Take it or leave it, Bounty hunters play another major role for any project.

ICO and IEO don't work anymore. If you tune in to the market, you get to notice that investors don't like them anymore. And for the promoters, there will always be a place for them. It can be bounty but I also see that it's getting saturated too but in other sorts of marketing and promotion, they still exist and will have a place if ever a project wants to increase their viewership and targets for specific market and niche.

This is why its best to concentrate more on signature, article and youtube promotion than on twitter. Its not even working on telegram because all there is there knew someone is goign to post spam and scams in the groups. Campaigns I think has to include posting original articles in some crypto forums for long term promotion on search engines.

Promoters always have a place in crypto, look at the crypto gambling sites and see how much of them are promoted everywhere.

IMHO, Article campaigns and Videos are best value bounties.

bounty hunters have been in the system right from time. Had it been they are not relevant, there would not have been anything of such again. In fact, just as we have seen ICO disappeared, the bounty would have also followed suit. Bounty hunters bring huge benefit to the community of every project.
Well, for those who see bounty hunters as not impacting or having some demerits on projects, I believe they have not looked deeply on what could be the major problem.
We have seen a lot of projects increased in value, despite paying bounty hunters. If a project is good and it has a good team, there is no way it can be negatively affected.
I think they should go back to the drawing board and check themselves well. The problem should be from.

Some of them thinks like it is just waste of money.
But why do it? Then just stop offering something and do it yourself.

True. It is a big push for them but they don't want to giving a lot for this hunters.
We are not just some lazy dude out there. We worked for it so the payment should just be as equal as it is.
Still, it is our choice. We risked it so better swallow the truth if the project fails. Which could also mean we also failed as bounty hunters for not pulling out new investors.

Scams is another thing to talk about.

Most IEOs on big exchanges dont believe they need need bounty because the fame, they beleive they are big enough to sell off any project even at a reduced price. THough at some in past year we saw some binance IEOs run bounty campaign but halted when they got this approval. I guess its against binance protocol of raising fund, actually it got bounty hunters a better reward. Every idea in a bear market sometimes look unproductive because of the sentiment among investors but could turn out good in the bull market. The recent idea of staggered bounty reward distribution is also to generate a steady volume trade that could look attractive to investors but it has not been the case even with the low reward allocated for bounty.

They need the promoters when they are thinking if they need massive adoption and as the bounty hunters and we are having very difficult time for them all. After they have already reached a lot of funds for their projects and they are forgetting us, maybe i can say there are so many of the IEOs or ICOs were taking the advantage from the hunters but too much scammers and we must be a smart hunters to avoid promote the scam project.

as far as I know, the bounty hunter has a very important role in the success of a project. Well, ICO and IEO are not enough. however, we need advertisers who can at the same time explain the product, and review it. besides, the bounty hunter is also someone who uses the token. Well, maybe there are other types of advertising, but spreading it from person to person would be better to use bounty hunter. This also helps increase the use of the token in question.

An effective and massive promotion is much necessary for any project and I think these days almost mostly project owners think that bounty is very effective and cheapest way to promote the project that's why it has became a trend from the last couple of years but these days spammers are taking this advantage on a negative way which is not a good sign for dedicated and creative bounty participants.

I think bounty and airdrops hunters has also an important role in any project, the first thing those social media pages needs followers like in Twitter, Facebook, Reddit, Linkedin, Telegram without bounty and Airdrop hunters those pages is empty and thats a fact. the second thing is where you can find any advertising purposes that accepting "worthless tokens" as payment meaning no value because it's not yet listed, except those bounty clients that paid directly in BTC or ETH, any bounty campaigns have no guarantee to earn thats why it's like a gamble to anybody. thats why it is very inappropriate to say that those bounty clients are wasting their funds to pay unproductive bounty campaigns because the truth is they won't pay if those fundraising campaigns in ICO, IEO is unproductive because they won't raise any cents if those campaigns were unproductive. But we can't deny also that some bounty hunters are using the shady method in many bounty campaigns.

Recently, less cryptocurrency companies are trying to promote their projects with the help of the bounty due to various reasons, and one of them of course is that the bounty sphere almost does not bring the desired result, and therefore, soon the bounty sphere will probably be gone.

Bounty on a project is free, because there were also many successful ICO projects without bounty and now there is also a successful IEO project without bounty, meaning that bounty is a policy of the dev in an effort to expand the promotion of the project, so it can be done and it can also not be done, you can prove this by visiting some popular exchanges and several cryptocurrency sites that are already popular, because in the crypto and exchange sites that are already popular there are many new project advertisements that do not have bounties in bitcointalk.

Upon all of this its painful to see that some new projects just take advantage of bounty hunters without paying them, my advice for new projects is to use high rated exchanges for raising funds, this will not only help the result of the project but will add more value to the project token or coin

Of course, they will continue to use the services of bounty hunters to promote and get a good community, rather than spending a lot of money just to advertise on famous sites or one famous person, they prefer to open a bounty campaign because in terms of cost it is cheaper.

To be honest very few bounty projects get listed on top exchanges this days, very few bounties go to top exchanges maybe because they lack funds but believe bounty hunters can still get the work done, if I have to pass an advice to a developer I will say they should put IEO first, bounty hunters part aren't effective anymore

I think i have not seen an ieo that do not care about bounties, why ? Because every project needs good marketing, irrespective of whatever product you have, it won't thrive without marketing.

Bounty marketing will come in form of airdrop campaigns, or bounty campaigns and it will continue to remain for a long time.
The reward and good projects may be less, but bounty have a permanent place in the crypto world in my opinion.

its slows the promotion that bounty hunters have because investors already have idea what bounty hunter's doing. IEO is just alternative to ICO but no guaranteed they can be succesfull if they run it there are many exchange created just to have many project listed to them for IEO. If you want your IEO to be successful you need to list in one of the top exchange like binance.

Well if the project want to start maybe they should use the crypto community to advertise it. Bounty hunters is still needed for any ico/ieo project. They can spread the news and advertise the project fast in the community. Not just community but they can attract new investor as well.

It's true as you say bounty hunters play a role in every project and I think more than the investors but sometimes we feel disappointed with the manager of the ICO project that can not reward those who already work in every day Until the project is finished and even though it does not cost as expected, it may be a problem for now.

That's the sole purpose of bounty hunters they are being hired for the best benefits of the projects, the problem now is that the developers mostly
no longer paying or the project itself don't have any value. Even the hunters do their task the expected rewards are not being provided or the  value
inside exchange is far from their expected value.

Of course they do, promoters are the back bone of anything that has a sales part. It could be crypto, it could be projects, it could be a product you want to sell, it could be a car, doesn't matter what you are selling, you will always need a promoter.

I have literally seen a dude who had a car sale once with some discounts that wasn't all that big, but he hired 50 people to make a crowd in his shop with some balloons and papers, that caused him to sell 23 cars that day, 23! he made his investment back in x100 folds. So, as you can see as long as there is something to be sold (or investors to be found) there will always be some people who will promote it as well, we will always need them to find the right people. Plus, they do not charge too much neither compared to what they can bring.

Bounties or campaign is always a thing here in the forum and in my opinion the campaign could always be effective most of the time as long as the campaign was done the right way.

I think the thing here is trust in the ICO and IEO itself I think this times a lot of them do not reach a goal fund for the project just because a lot of people here in the cryptocurrency community is already done trusting a lot of campaign like this and if you are just going to think about it, I think it might be pointless to do a thousand more token in the market because there are already a lot of it in the market and the demand of the community is not enough to buy or invest in all of the tokens in the market making a token ending up to be a dead token in the end.

Promoting bounties could always be effective even in different platform and I think it is always successful, even google and youtube are paying for ads because they know that it is powerful.

Surely its an effective only if the project is good. Some developers tend to choose using bounty campaign cause instead they boost the project sometime the project has been put into bad position where hunters are just destroying its reputation.

Example of this is twitter campaign, sometime hunters are not so educated about the thing their promoting and put some wrong info about the project resulting to confusion of investors.

Not only in crypto currency and bounty hunting, but in the whole world. Promoters will always have a place.

In the general market, promoters are called marketers, a digital way of promoters is advertising.

While in crypto currency, promoters are bounty hunters who market and advertise different projects on social media, and several bitcoin and alts forum that we have around.
No matter how huge and rich a project is, it definitely needs bounty hunters to spread the word, no matter how little.

Bounty hunters are passing a rough time, but no one can deny that Bounty is a big part of the crypto world! The signature campaign is a part of bounty too, so, to promote a crypto project, the crypto project needs proper bounty campaign. Though some bounty hunters are abusing the bounty reputation, but yes, promoters still have opportunities in bounty campaigns!

You don't need to run a bounty campaign to promote a project.

You can run an airdrop instead, get some vloggers to talk about you. There are many ways of getting people interested in the product. Some scam coins did not run a bounty campaign and managed to get buyers through other ways like affiliate marketing.

Not surprise. Cause when i started work here as a bounty hunter i did same thing like that. I stopped when i understand actual meaning of spam (when my account was banded for spamming). Now i just try to work with reliable project which have good future in crypto industry and try my best to advertising their product. It's not 50% i guess around 80% of bounty hunters who use social media as their tool. In that case i think other campaigns are much reliable than social media campaign (Signature, YouTube, Referral, Article etc).

Agree bounty hunters are a great help in promoting project campaigns. We are the ones who really exposed the projects throughout social media platform. We also exposing them here in forum wearing their avatars.. A big respect to all bounty hunters even they are not paid sometimes.   

The primary purpose of projects to get benefits from bounty hunters to promote their projects without any cost, and they pay nothing in advance to bounty hunters and supporting projects free of charge. You are seeing they don't bother after launched for IEO or listed in exchanges and don't pay to bounty holders or paying in installments, but few projects are paying not all.

Yes, especially when new projects are launched, they certainly don't have investors or at least they need a promoter to promote their projects so that crowdfunding can proceed successfully. because if the team works alone for this, it will be difficult because the team has another responsibility which is to develop the project they are working on. well, here the role of bounty hunters is actually very important, because they promote on various social media like facebook, twitter, instagram, youtube, and of course this bitcointalk forum.

I think so and we will always have the place to grow with crypto. There was no reason for us will not get even a place in this community. crypto is still on its early journey and crypto will still need a huge advertisement and as a community that supports crypto and we will always do more and more promotion.

Promoters have been always an important of a certain project or business in order to attract possible investors or costumers. Any of promoters, small or big promoters would be a big help especially in cryptocurrency. As a start up project and if you don't have anything source of funds yo run and develop the project you would reply in promoting the project at a cheap price but in a big way through the use of bounty hunters and social media in exchange to their services.

Certainly every thing in today's world needs marketing to create exposure of that to people  but the marketing should be different from the early marketing that was done during the great hype where individuals like Balina and some others promote coin for a share of the project . That definitely has to change .

I respect your opinion sir but don't you think many of them cannot boost running another means of project marketing except bounty campaign. They consider it as the best option because many of them do not have money to even run ads to get investors. So I think they get served the same way they wanted. Many time I always do website analysis of the projects and I always see that most of where their traffic comes from are brought courtesy of the bounty hunters

Projects without financial backing are usually doomed to fail. They're bad projects or money grabs.
Maybe 0.1% of those are actually good, but unnoticed

Bounty hunters help will always be needed, there is no faster way of spreading news about a project better than bounty hunters job, it's very effective, although this doesn't mean the project promoted by bounty hunters will be successful always, that is left for the project capability

Many projects will refuse to launch because of the economy break down so ain't expecting any quality projects soon, the project's I promoted successful have already decide to continue development only after the crisis is over

   I saw a couple of projects that did the same thing, they are paused until the coronavirus situation ends. I believe it's a smart decision to make,
not because of health reasons, they can work from home, but for financial reasons. Now it's not the time for risky investments as new projects are.
People hold what they have and in this dip people will buy gold or Bitcoin, something that has been around for years and in what they believe in.
   

There are only a few crowdfunding projects that succeeded without the help of bounty hunters, 90% of them always do a bounty campaign, it's free marketing for their project and crowdfunding, if the project fails to generate enough funds they are likely to delay or lock bounty hunters rewards, they don't want bounty hunters dumping first their token so they lock it or delay payment.

It's been the process when new projects needs traffics and possible investors, the service of bounty hunters are needed to bring awareness and bring
traffics to the website, Regarding to the delays that's mostly the case where developers are keeping the stake to avoid huge dumped though it isn't the
hunters who really affecting the value but those early investors and the developing team itself.

It's a really big task as promoters will always be needed. The effect of good promotion for a project cannot be overemphasized. It gives worldwide awarnesss about the project to potential investors which draws them in. This can only be done by massive promotion by hunters.

Although most of us are not happy with so many ICO that are turning to scam these days, we still have to admit that bounty campaigns are really an important part for launching any project. Maybe IEO are not scam but there are a lot of them that are not successful at the end. Bounty campaigns are good as they help to create awareness for the project and bring more investors. If a project is good but lacks promotion, it’s not going to be successful. It needs to be promoted before it will gain the kind of investors it needs.

Until need for innovation exists which will lead to new business which means promotions still have more room. I guess bounty hunters will find more fruitful times in coming weeks hopefully.

Yes, they do. Maybe not at high in demand like before (thanks to alt and spam acc) but still in need to spread awareness of the project and take the role of early adopter for that new coin.

Bounty helps new projects build a thriving community and support them after the end of the ICO or IEO. They only need a budget of about $ 10,000 and then, their telegram, facebook, twitter will have a lot of followers and active. But today many projects take advantage of bounty and after the end they will think of different reasons to refuse payment, which is a big problem that we are facing.

there is a possibility that new coins will develop in the future because the plans are still very long and fresh. but when looking at moments and situations must also be considered. many updates from a platform are arguably a failure because they have no impact on their markets. After all, they are wrong in choosing unsupportive market conditions.

I still believe that bounty hunters have huge place for the promotion and to reach mass. If team don't promote through bounty hunters, how team can reach to mass people? Besides this, forum signature have a huge positive impact on the project and hence i can surely say, "signature plays the most vital factor for the success of a project". The more higher rank holders wear signature, the better its promotion and trust increase.

thats actually a good decision since many people will not use thier money to invest in any kind investment in this situation. They will prefer to use the money in hand so in anycase that they need it they can easily pull it out in thier wallet. Any kind of investment even stocks will not be the first option right now because there are much more important things need to do than investing.

If a certain project do really want to gain popularity in this type of industry, then someone needs to move to make it happen and that is when bounty hunters are needed to do the task upon a project have released a bounty campaign to be able to gather numbers of bounty hunters that will promote the project in this forum, to other social media platforms like Facebook, Twitter and other related stuffs that will make the project's existence be known or be visible to the crowd. Bounties are being held like doing an advertisement of a certain product to gain consumers that will use the product. Same thing applies on bounties. Bounty hunters are attracting potential investors towards the project brought by their made promotion. Doing bounty and having bounty hunters are really essential in this industry to discover new existing projects and to make a project popular through it.

Of course. Project promoters or prize hunters also have an important role in promoting their projects. although sometimes the prize hunter is always underestimated, but if there is no prize hunter the project may not be known by investors, especially in this forum.