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Author Topic: Bounties - how do they work?  (Read 454 times)
kodtycoon
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August 27, 2017, 05:06:39 PM
 #21

How do bounties work?

What factors determine how much someone gets paid and what do you have to do?

Has anyone made decent money?
Bounty can be gained by participating in projects and campaigns they create and we only need to promote their projects on a social media, translate, signature campaign etc. You will get pretty good money from bounty program.

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Vladimir Kirilenko
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August 27, 2017, 07:30:50 PM
 #22

No so far, I conducted a small analysis, on five successful projects and their bounty companies.
I would divide it into three main components:
1. How the company pays for participation: either it is a fixed amount in fiat, or this is a percentage (usually 2-5%) of the amount of money collected.
On average, companies spend 3% of the amount of their ICO, or 100-200kk.
2. Distributed total allocated amount, by type of company. The big part always goes off as a rule to bitcointalk.
3. Types of necessary promotions:
Promotion by bitcointalk
Promotion by articles
Translations
Facebook
Redits
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