Bitcoin Forum

No doubtful, bounty campaigns draws a ton of attention to your community and enlighten potential investors about your project. But at the long run, is this development sustainable? Is it reliable enough to grow your project?

Bounty campaign is just a part of getting the projects name out to the world, bounties contain Twitter, telegram, Instagram and forum campaigns even articles so yet it's a part, it's left for the team to spend money on more advertisement either using big channel news platform or bill boards, this is why teams are the most vital part of a crypto project.

A bounty campaign is a promotional option that involves many people so the prospects can be very different by applying several methods and investors are certainly very happy to see this in all new projects in order to be successful, so the campaign is a good thing to do even though it is not included in an obligation

Its all about attracting more investors for the project so yes I expect bounties to be effective way to attract people for example Twitter has many newbies that are looking for new projects to invest, using tweets every day will expose the project for sure.

Bounty campaigns are cheap because most of them are paid with the value of the tokens, and therefore if the project fails, the value of those coins/tokens will be lost, and therefore it will not be like losses if you pay with bitcoin or dollars.

The extent of the campaign’s success is related to development, and the ability to keep it valuable. Therefore, if there is no technical development, even if the campaign continues for thousands of years, it will not be feasible.

Secondly, paying with tokens gives a decentralized redistribution of them, which is good if the developers do not control the quantities supplied (pumping and dumping)

Bounty campaign is just one aspect for Developers to draw attention to their projects but certainly not the only avenue I believe. Of cause, they understand that some investors do have access to knowing your projects via all these various platforms used for Bounties promotion hence the constant creation of Bounties for new projects via such channels which I believe have been very helpful.

I think a bounty campaign can be good for a project or company or it can be bad, it all depends on how the metrics of the bounty are. For example i think the bounty campaings from the casino and betting sites (like the one i am wearing) should be worth the money for those projects. People in this forum usually already are interesting in earning money and/or gambling and when they see that signature they may get tempted to try it out.
A lot of times bounties also can be very dangerous for projects especially for small ones. If you look at the altcoin bounty section then you will notice that 95%of the projects that are offerin a bounty there are very small and new which makes sense but is also dangerous, because after the bounty ends this creates a huge sell pressure from the bounty participants which could destroy the price of the token for a long time or even kill a project completely.

It is clear with this that this is the reason why most new projects do not like paying with bitcoin or any stable coin where bounty hunters can claim them. They want to pay with nothing. Any projects paying with tokens that are not listed are paying with nothing and that is a waste for bounty participants. I have experienced this treatment with several worthless tokens as payment.



I hope this projects accusing bounty hunters for the failure of their projects will read that comment  here. It is truth. Projects think that just going to ICO is the way to success alone without working on the development of their project.

The bounty campaign is still going well now because by using this type of campaign, the project can be widely known and invite many investors to invest in the project. Especially if the project is really one of the potential projects that could develop in the future, the development still promises to be a project to gain popularity. It could be one that will get a lot of attention from investors. As long as the project can be open with the community and develop their plans, the project will be big in the future.

Bounty campaigns have an important role for an altcoin project because through a bounty campaign a project can be known by many parties which can be spread to all social media such as Facebook, Twitter, Instagram, Tiktok, YouTube, articles and others. the presence of bounty campaign participants makes the project rate increase and gives rise to investor confidence.

but in the long run, bounty programs alone will not assure the growth of the project. while there is still interest in the market, the dev team should be fast enough in implementing their objectives. as the saying goes, strike while the iron is hot. because once these bounty programs are over and they haven't made any progress with their targets, slowly people will forget and move on to the next project.
so in this case, it will only be sustainable if they will accompany their promotion with hard work from their end. people need to see that they indeed are working with their deliverables.

It isn't as reliable as what you and others are thinking but it is one of the cheapest form of advertising your projects.
I've seen many bounty campaigns here already and some of them became successful because of it or well it is one of the reasons why they become successful. Although there are some who are successful, most of them didn't end up well for some reasons.

Relying on bounty campaign alone in growing up your community isn't good. In the end, even though you have a successful bounty campaign it will still depend on how the people and investors sees the project. If they see it helpful to them then they will be interested, curious and might invest into it. If people sees that there are some developments into the project then they will invest into it. Growing a community is one of the hardest parts of starting a new project.

You must remember the cycle. The bounty campaign used by the project to draw attention from the new users and to make the community even bigger. I think that you may feel doubt if you join in a project with small community rather than join in a project with big community, The usefulness of bounty to growt the community but this totally depend on the result from the campaign. If the bounty able to create a good ecosystem and this can sustain for the long term. i rarely seen the project that have done bounty for long term.


It's realiable enough as long as it's also straight with the development progress that happened in the project.

The sustainability of bounty campaign strategy in growing your community might be in doubt, but you can not deny the fact that bounty participants will form the initial community member of a project and possibly contribute to the growth of it by investing and advertisements!
I think long term success of project depends on the value been created and the perception of the project and character of the lead dev of the project!

In my opinion, I think it’s not sustainable if most of them are bounty hunters who are just thinking of the rewards rather than believing and supporting the project by heart. As you can see, bounty hunters are always asking in the main group like “when rewards”, “when distribution”, etc.

And also in the bounty program, I see unnatural comments and posts in their group, in which part of the bounty tasks is to regularly comment something “positive”. I can distinguish between natural and “unnatural” posts and comments from them.

It’s much better to grow the community organically because that’s where the true supporters are. Nothing wrong about bounty program that is one method of growing the community, as long they are supporting the project for real and not just having about the “bounty reward” mindset only.

IMO, the bounty and airdrop campaign is the cheapest form of crypto-related marketing and promotions because most bounties are just paid on their native tokens so that's a big help to that project and save their funds. Thats why bounties and airdrops are very useful to build communities on social media, etc. so I think it was still reliable.

In some cases it is effective, some projects manage to go for the long run because of great numbers of participants and support from their community. Like for example online casinos, there are some still manage to remain, whatever the market condition is. There are also projects that did not make it, and they have large number of campaign participants, they also hire known BH in here and still did not manage to survive. I guess there are factors to consider, the credibility of the dev team and some cases in the condition of the market they release their project.

Bounty campaigns usually increase the followers of a project's social pages and help to share and like social posts a lot. And the Bounty Campaign basically increases the holders' tokens of a project because there are so many Bounty Hunters working here and they get free tokens. It doesn't really care about investors, but for a long time running a bounty often reaches  investors and they are interested in investing. There are many bounty hunters who invest in bounty as well as projects. that's it.

I believe bounty is one of the most effective ways to boost the publicity of a project coupled with the fact that the bounty hunters are in most cases knowledgeable about the industry and could be part of the project community. It gets better when the bounty is done for a long period of time and the project developers are committed to ensuring that the community members are satisfied.

A bounty campaign is a Crypto Marketing Strategy under which potential contributors (bounty hunters) perform promotional activities on behalf of a company in return for a percentage of the project's tokens. So, it involves creating small tasks for bounty hunters to perform and paying tokens in exchange.

It takes a lot of money to promote a project on a large scale, and there is no guarantee that it will be effective. And here, through bounty campaigns, a project can be easily promoted to a large scale in the crypto community by providing token payment.

So even if for some reason the project fails to reach its goal, the project will not incur huge marketing costs, as bounty hunters will receive token payments. And there will be no loss for the project team for that worthless token.So bounty campaign is very effective in promoting a project.

Bounty can be helpful. But make sure that the project has solid gig so that userd can use the platform. Bounty campaign helps attract users but you need to attract potential investors too.  If all the activity are only for promotional and an irresponsible one then youll only gain is community of airdroppers and not those who willing to use the platform.

It is effective to let the community know that a project exists. And if it's about sustainability of growing the crypto community, that's a bit off separation and question.
Well, the bounties are making everyone interested on it to engage in the community with the help to grow that project through promotion.

Once you succeed on Bounty campaign you can be consider as a good project to invest with since most of the campaign here are ok and there’s a lot of successful project today really came here. Though there are still no guarantee that it can make your project grow since this will still depend on the purpose of the project and depends on how the team handle it.

It's a marketing strategy for investors who try to sell their project and gain investors, with a bounty campaign, it will help the project to gain popularity so it's really helpful for the community to grow and for people to get aware that the project exists. if it's not effective, then that would have not existed anymore, so I guess in the future we will see more projects getting introduced because there are people who are willing to help spread the news.

Just bear in mind that the community is big, it's composed of crypto enthusiast people with different goals, and that already includes bounty hunters and investors.

Using social media platforms like Twitter and Facebook to communicate information about the project is a very effective method for attracting investors' attention and getting them interested in the project. I believe the reward campaign will be viable as long as its purpose remains relevant. I believe that bounties will be an effective way to attract people. For example, Twitter, reddit, Medium have a lot of newbies looking for new projects to invest in, so tweeting every day will definitely expose the project.

If there is a good project behind it then of course it is a good way to bring more people, after all with the huge amount of coins that we have in the market probably the most difficult thing for a project that is just starting is to get the community to acknowledge their existence.

And a bounty campaign is a good way to do that, however if there is nothing behind the project and the community sees that it is just one of the many coins that exist in the market then whatever attention the project got will eventually dissipate, however if there is in fact a good project behind it then people will begin to promote the coin on their own without the need of any bounty, bringing more people which could be interested in supporting the project in some way or form.

I think I am well abled to speak here. I advised a number of projects in the past, and by my experience, bounty projects have a very mixed result. Depending on how good a project looks and if the tokens are seen as valuable. Usually bounty campaigns are joined by bots and third worlders who don't follow the rules and spam away copy pastes hoping to make a quick buck. This not only does nothing, since their 20k twitter followers for example, are all fake, but it also damages the reputation of the project itself.

But again, depends on if the project is percieved as valuable and legitimate. I have worked with badly planned ICOs with no future. Bounty campaigns did not help them.

If its all done the right way, it can really boost your audience. But that requires careful planning skills and detailled work. Thats not something that bad projects /poorly funded projects have.

Bounty campaigns, in general, have a significant impact on the development of new projects; they help to present the project to the community via social media platforms such as Twitter, Facebook, Telegram, Instagram, and Reddit, as well as signatures on the Bitcointalk forum. Prior to project development, I believe it is reliable.

Yes, a bounty campaign can help or push your project every good project needs an advertisement but the one thing that will make investors and people in the community support your project is how good your project is, even if you have a long campaign and attract a lot of campaigners it's still useless if your project nature is just a pump and dump one.

 Honestly, bounty hunters may not be the people you want as your investors, because they will rarely invest and they will make sure that they are only taking money out of you, and not putting any money in. However, they are certainly a great way to increase your numbers and that is also a great way to get money as well. Imagine a project with 10k followers on twitter, and imagine a 1k one, and now imagine a 100k one. Which one would you feel likely to invest in? I would definitely consider a 100k one, and check if it is good and if I dislike it then I wouldn't invest in it, but I wouldn't even look at the 1k one, and probably the 10k one as well. That's the biggest difference.

Bounty campaign would help projects push or gain popularity which is why many gambling sites run campaign manager to boost their popularity or their reputation. Running bounty campaign requires professional campaign manager to manage campaign which they are professional too in accepting participants that are not spammers or only joining just to earn bucks without thinking that joining just to earn bucks can result in spamming the forum.

Have you seen how many Tokens fail?  Even with a Bounty Campaign.  You can not sustain growth by offering a temporary incentive for the same reason Bitcoin does not incentivize full nodes.  It either all happens by natural course or the Cryptocurrency is doomed.

Want sustainability?  Bring innovation.  Updates that make the Cryptocurrency better than what already exists.  No, exchange listings are not useful either.  What is useful is what some of the Cryptocurrencies have come with along the years.  Lines of code that improve a Blockchain's security, speed, transparency or privacy et cetera.  Bounty Campaigns only bring temporary leeches and parasites.  They will just find a new host as soon as the Campaign is over.

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Regards,
PrivacyG

When it comes to sustainability it's the project that should take care of that, the bounty hunters can only promote or present your project to investors, they don't hold or control the development of the project, they don't even have control over investors' action, with so many coins in the market, the project should be good enough to attract investors long term because investors only have limited attention and they go from one project to another very quickly.

It depends on a bunch of factors. These include the pre existing number of members in the community before the bounty, the type of project running the bounty etc. Some projects attract more investors than others

Of course I believe it's one of the sustainable ways to develop a community as vast majority of these participants have large number of followers on their social platform who easily listen to them and in which these followers don't joke with whatever information being spread out by their influencer.

A bounty campaign is a marketing strategy to introduce and attract investors to a project. the more the project is known, the better it will be for a project. There are several types of bounties available and the allocation for the bounty program itself already has its own allocation of funds from a project. the better quality of the bounty project, the better the project will be in the eyes of investors. if asked whether it will be sustainable to develop a project then it is not because the task of developing a project is the team from the project itself and the plans for the project in the future.

The sustainability of the campaign depends on the project owner on how they make use of the attention drawn by the bounty campaign to give them profit.  A bounty campaign is simply a tool to reach out to people that have no to little knowledge about their project.  This is  a promotional/advetisement program and it is up to the project developer to keep their acquired audience and believe/trust them.

Of course, there are many things that must be combined, the bounty of participants will give a positive impression on social media and discussion places such as telegram groups or discord, and many investors who come from the bounty campaign because they feel optimistic about the future of the project.

Bounty campaigns are still a good marketing strategy to attract investors, like a twitter campaign, an investor can see the latest information of a new project and see how many communities they have and see the tweets of each participant.
There are several projects currently that focus on airdrops because they have multiple goals to get many communities

Organizing a bounty program to attract investors is something that is commonly done, many crypto project investors find out about projects they want to invest in through bounty programs, especially the Twitter social media bounty. Henceforth, the problem of future project development is the responsibility of the dev and the team.

But, isn't "sustainable" the problem here. How long are we talking about and how big are we talking about? I mean if you do it for 6 years with 10k dollars per month, you are not going to get that money back quickly enough, it will be probably not great. If you do 10k per month for one year, then you will get enough and then in the long run you will make that back, if you do 1k per month for 3 months then it will be useless and not get enough.

So, what do we mean by sustainable, how long are we looking to exist, forever? Nothing lasts forever, but assuming our "forever" is 50 years, then you could say 5 years is good enough to kickstart it, if you mean 10 years, then 1 year is enough, if you mean just 1 year, then 3 months could be enough. So, sustainability is a bit based on the period we want and if we can calculate how long we want to stay relevant, then we can find the answer to this question.

Bounty campaign is a marketing strategy so that a project is widely known and more investors come to invest.
we bounty participants only carry out our duties to promote a project to be known by many people and investors come to invest in the hope that the money they invest will grow in the future. Project development issues in the long term are in the hands of the development team and beyond the control of bounty hunters and investors.

in short of course it can grow a community very quickly. airdrop and bounty campaigns can make a community experience big improvements. but we can't say they have a community to fully support the development of the project. because many also leave the project after they get paid.
when the project does not have a real product developed. it will be difficult to bind truly loyal communities to hold their assets for long.

Kompanya bounty is one of the projects that involves many pesrta who want to get the results of the project for free without having to spend capital for us to invest, but we have to follow every rule that they have made in order to later get the maximum payment, although this opens an obligation but very many participate in it, With the bounty campaign, many investors are sure to invest in the project.

It's a first step in building a community but the sustainability of the community depends largely on team management and project development.

If the team is experienced, they can motivate the community of bounty hunters to stay and also look for innovative way to get more community members. If the project is well managed and is successful, it will draw attention to the community because many people will be making inquiries.

This is true that bounty program help the investor to draw their attention to invest on the project .The question was that if it is helpful for the project for long term .I don't think this bounty program help for the project for long term but initially help to the investor to find the best project on the community .If the project has strong concept why its not help it for long term profitable .Investor will also hold and make activities to grow the project if it is more potential on the market .So its not only the bounty program help you the project growing for long term if this has no real case on crypto .Its always true that bounty program boos the project initially and help the investor to come here and invest on the project if it has good concept and activity .

if we look at the existing schemes, the sustainability of the forum takes quite a long time, it proves that this forum is very developed and durable, but if the prize coin is a coin that only makes profits, it causes the coin to only live for a while this causes people to not be interested in saving it.

Bounty campaigns are very useful. You wouldn't hear the name of a coin without advertising. The better the marketing work, the more popular you can create a coin. Especially long-term campaigns attract a lot of attention from investors. Think about the signature campaigns in the forum, from there we can invest in many campaigns whose names we see. It is easier to research and we feel more comfortable investing in something we know :)

Well since bounties are like doing social media campaigns, no doubt that it will get wider reach although it still depends as a lot of people in Facebook just don't give a crap about crypto at all in fact that many social media sites are being dwelled by many scammers especially when you check FB groups.
It's not that too effective in a long run since the project itself has that declining stage after maturity.

There are some bounty campaigns that have run for months in this forum, it must mean there is a positive outcome from the campaign otherwise those campaigns won't keep running, bounty campaign is another form of advertising anyways so it is very possible most of the campaigns bring positive results and also help the project to build a community, if not most of the project conducting a campaign will find other means of advertising.
Most social media campaigns are run for this purpose,  to grow and build a strong community.

It would really be subjective and its quite evident on how marketing does give out significant impact into the business.Speaking with those signature campaigns on services section which does
involved sustaining marketing and exposure for long term business then its just normal that they would really be running off specially if they do see off some benefits then they would really
be having that outmost consideration on running a long one but if its not feasible then its normal that they wouldnt really be tending to make it long.For bounty campaigns
then exposure is a must so its up to them whether they would run one or not.

If you do bounty in a good way you can expect great results. I did PYR Bounty last summer and it did so good with it now it's one of best metaverse projects.

No doubt and 100% agree with bounty campaign Sustainable way to grow your Crypto Community, last three years until right now many ICO project have been succes and become big project right now with faster grow up by advertising with bounty campaign, despite avout promotion as social media campaign or signature campaign but bounty have give biggest change for cryptocurrency and many project was become successfull when listing on market. Although right now looks have little bad thing with few bounty only have been success after promoting but I think is have good change for cryptocurrency.

It always depend on what the campaign is promoting. If the campaign is about a random useless token which aims to create a hype to fastly pump for speculative profit, dying right after, of course bounty campaigns aren't a sustainable way to grow the community, because first of all the product being advertised isn't sustainable or useful.

But if the product or service promoted is good and developers have legit interest to make it work on long run, bounty campaign will be totally worthful in this case and will add a lot to the initial value and potential of the project.

I really doubt bounties will attract the right investors to a project, there are bounty hunters who specializes in taking advantage of the project giveaway but do not give anything positive to the project because i have seen many projects that conducted the giveaway and then becomes inactive once the bounty period is over which means, you attract the bounty hunters for that specific period and not reaching the target audience.

The reason that they become inactive and the project become useless is because the project is not for a long term even if the bounty campaign is over if the project is really that good it will attract more investors because of word of the mouth of early investors who support through the work of bounty hunters, bounty hunters can only advertise but what can make the investors invest and continued support is the project itself, no investors will stay in a project that they think will have no future.

It's one part, but it's not a one-step formula to success. Most crypto communities grew not only because of bounty campaigns, but also because of what they actually offer to the community. You can't expect to have a smooth community through bounty campaigns if what your product/token/whatever is basically not really worth it, or does not add value to those who wishes to purchase it. Before you get successful on bounty campaigns, you must first have a project that has substance, and people can really enjoy.

Cant agree on your all points. Cant say that participants are forced. Its a rule and in any job we have to obey to rules. Therefore I m not agree with forcing participant to join group. And mean while some time bounty participants are becoming long term hodlers and Investors on the project. In my personal experience I have partipated in Verasity influencer programme and Then I learned lot about the project and I invested more $ in it. Now I m sitting on 20X ROI>

I completely agree with you, a bounty campaign is just one of the things that can contribute to the visibility of the project, but a project to be sustainable and successful must include a wide range of marketing techniques! As you say, it's not a one-step formula, to gain exposure and visibility projects must be present and active in many places relevant to their projects... Of course, that costs money, and money spent on advertising is never thrown money!

The length of the bounty campaign does not tell us anything about how serious it is, after all a great deal of those campaigns do not pay until the campaign is over, so even if the campaign has lasted for a significant amount of time they can still disappear overnight.

This is one of the many reasons why I have never been a fan of those campaigns, as people can spend months working and at the end receive nothing, and even if they do if the project was a bad one, as it is the case in the majority of new projects, then they will still gain nothing at the end for all their efforts.

When it comes to exposure and attention then bounty would be always a part of marketing on which it is really needed to create some awareness but if you do talk about sustainable kind of demand and attention then
would vary on different things like;

1. Project relevance
2. Utility
3. Development team
4. Marketing

You cant assure success though but if these things are on check then you could have the chance.

The first target of bounty campaigns is those who participate in the bounty campaign. :) I researched the project in all bounty campaigns that I participated in. I went to the community channels (telegram, discord, etc.). I visited their Twitter account (I followed many of them). I invested because I found some of them worth investing in. At the end of this process, I sometimes felt like I was a "direct target". :) We're talking about a broad business model that affects even someone working for the bounty campaign. I think the projects have definitely grown their community. Also, I think it's sustainable thanks to the win-win model. If I were to create a token, I would definitely consider doing a bounty campaign.

I think that you do understand the bounty in the wrong way as it's not even forcing the participants. You will get a stake if you do that tasks and you will not get any takes if you didn't wanna do that and just never do that and no one will be forcing you to do that. It's a part of the task in the bounty and if the participants wanna get the reward and then the participants must do that. So they are getting rewarded.
I think that using the word forcing the participants it's not even matched with reality and it's the same as working with a company.

From what I have observed over the last few years, 90% of cryptocurrency projects are launching a bounty campaign. As we all know, many projects unfortunately fail and it happen for various reasons. However, when it comes to projects that have managed to appear on the market without a bounty campaign, the number is so small that can be counted on the fingers of one hand. In my opinion, a bounty campiagn is very necessary to build a community, and as we know, without a community, we have little chance for the project to be successful.

Yes, because thousands of bounty hunters promote the project in the bounty in which they work on different campaigns. For example, if anyone joins the Bounty and participates in any of the campaigns, he uploads a video on YouTube, makes an article in blogs, or publishes posts about the project on this forum or in the hashtags of the project on social media, and what these hunters have done spreads in the Google search engine (blogs, YouTube and positive comments &posts) and this is reflected positively on the project, and it attracts potential investors in the long run.

Investors are into many projects if you cannot convince these investors you have a good project with good potential it's not going to sustain your project, the bounty campaign can only attract investors to look at your project, but what will make them stay is how good is your project, and it's a contribution to the Cryptocurrency community, everything depends on the developers when it comes to retention.

I think it's very important for new projects to launch a bounty campaign, because promoting projects through bounty campaigns has proven to be
effective in attracting the interest of many people to study these projects, and also build community. But the bounty campaign does not guarantee
that these projects will be successful in attracting many investors to invest in these projects. An active development team is required to update
these projects, and also at least the new projects try to be listed on popular exchanges then the development of these projects will be very rapid.
Usually several new projects are successfully listed on popular exchanges after launching a bounty campaign, the number of the community will
also increase rapidly.

  I would not say that bounty campaigns are not reliable, but they can be reliable in such a way that it can generate awareness about your project so that investors will be convinced to invest in your project. But definitely its not the only way to sustain the growth of your crypto community. I guess its on the real use cases of the project itself. Investors will definitely put their trust on your project if the goal of the project is highly subjective that will create huge demand and established foundation. Its more on the substance of the project that makes it more reliable, and not totally on the bounty campaign.

As a marketing instrument, bounty campaigns are great way to build a community. Especially if the rewards are high. Even if the project represent nothing, level of creativity bounty hunters have, will help to make it more attractive. But, bounty hunters are very sensible people. They can make anyone a king, and they can easily turn things 180 degrees. The most important, bounty campaigns are the cheapest way to build a crypto community. While altcoins are not traded, the only expenses project will have are network fees.

Running bounties creates awareness on social media effortlessly and I don't see any reason why new projects won't use this marketing strategy unless they have other effective ways, the only bad thing about bounties is projects with bad team members that will deny bounty hunters payment after long session of creating some awareness through all social media available.

There are many successful altcoin projects developed with the support of bounty campaigns at the beginning of their project development because with the entry of a large community, project development can also run well but all of that also costs a lot of money so it takes a solid team in building the project and the bounty campaign is still a good place to promote the project to be built.

Just awareness but to convinced them no not really. You can say that the ads that you placed in the bounty campaigns are convincing or is good to be true but it's not enough. Expert investors will know it and they will soon find out if you're just lying or not. We should not here to fool people or to scam them but we should help this community grow and improve by delivering quality projects to the people that are legit.

It's also important that we care for our workers or to the bounty hunters and not only to our project because they can also help us succeed. Treat them like a human and they will do their best to promote your project.

I have seen campaign rake in a lots of fund and support for obscure new project. Never underestimate what resources bounty campaign can make available for a project! In the long run, all that matters is growth and development with usefulness of idea been pursue in a project. Bounty campaign is one of the tools that can positively impact a project in cryptocurrency and beyond!

bounty is a great way building the community, instead of just paying for marketing professionals that usually bring kinda ordinary result you could just make bounties that allows masses participating in getting tasks done
in exchange of reward, it easily helps you increase the amount of the altcoins holders and it could make your altcoins know among traders, at least that some fraction of benefit that I could understand that usually many of projects with
bounty campaign has, they usually have easy time building their community afterwards and usually if the quality of the projects are also good, they gonna be such a huge success.

For me, everything that has to do with marketing for a project will always be viable to apply to a project, and yes, it will attract many clients because marketing makes many people see the name of the project on social networks, many will want to join and so little by little it can be spread to more people as they learn, and the best thing is that the signature campaigns in the forum also, at least generate traffic and by generating traffic it makes the project more famous, for me it has a lot to view bounty campaigns positively.

Many people join bounty campaigns because some of them want the token for free and some of them want to earn money because they don't have any real job in real life. I've joined a lot of projects that ran bounty campaigns and it gets a lot of social interaction but when the bounty end it's become normal again. Investors that understand how to do some research will make many considerations before investing in a project that's why the team from the project and the roadmap behind it are really important part to get attention from investors.

I believe the purpose of the bounty really has nothing to do with the sustainability of the project.
Bounty is indeed indicated so that a project has a large community so that the community enters
the bounty project and introduces the project to many people, including investors.
Thinking about the sustainability of the project is the responsibility of the professional team of the project itself.
How do they develop, work to make their platform or ecosystem really useful,
that's what makes their project always needed by many people and then will become a sustainable project.

Yeah, bounty campaign is pretty cheapest way to help grow a community even i think without payment a project can build thier community, as example you know most of the project will pay their native token and there are no guarantee which token will be worth after the bounty ended. If tokens have no values on the market so the projects got promoted free.

I agree that it is a good way to build and grow your community but there needs to be a balance at it. Some projects gave to much with bounty so at the end it hurt them.

sincerely agreed because bounty campaigns results in the long run also getting heavily influenced by the quality of the projects itself because honestly there are also many projects that are unsuccessful even after having massive bounties because the quality shown from their project aren’t that great and at the end of the day most of the participants and the newcomers aren’t really interested because its not a promising long term investment.
the thing that matters most is the quality of the project itself because if it’s just some low quality projects, even if you hire the best marketing in the entire planets its gonna be having miserable ending just like any other obscure low quality projects out there.

With the promotional activity that a bounty campaign aims, i can say that its one effective way of growing your crypto community through the contributions made by potential participants. But to rely it all alone from bounty campaigns, i don't think it will work all the time. The promotion should start on the content or substance on the project itself and if those potential investors will embrace the fact that the project's goals will meet the demand of the consumers, then the project itself will totally be a hit. Having a bounty campaign is just a second option.

In the short period, bounty campaigns are great for projects, but since you're talking about in the long run then i would say it depends, now what does it depend on: everything rests on the shoulders of the project owners/managers, what they do after alluring investors for the short term, do they keep developing their project, or do they just reach a standstill, mind you that no matter how good your campaign is, if your project turns out to be bad or a scam, no investor would stay, thus everything falls back on the project, if it is a good one, then the development will definitely be sustainable, if it is bad, then it won't.

That's a moot point. Ordinary advertisers also do not support what they advertise "with all their heart" and this is considered normal for this type of business. The potential of a new cryptocurrency project is difficult to determine and even more difficult to assess how effectively it will develop in practice. Indeed, the success of its development is influenced by many factors, including the professionalism of its team. Participants in signature and other types of campaigns have the right to determine for themselves what to do with the tokens received as a reward for their work. So far, this works, because the team of each new project first of all needs to advertise their idea and their token.

To promote crypto projects, I think the bounties program is very good because the costs are not too big to be incurred. One part of the bounty campaign that very quickly spread project information through social media campaigns. If it's about the level of sustainability of this program for too long, it's not right for me.
Regarding its success, I think it depends on the development of the project.