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Author Topic: How do one measure the success rate of a bounty program?  (Read 542 times)
donnyman (OP)
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March 02, 2018, 02:10:55 AM
 #1

How does one measure the success rate of a bounty campaign?
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March 02, 2018, 10:27:41 PM
 #2

To begin with, you should analyze the project itself, whether it will be successful. Will the developers be able to raise money for the launch of the project. And then make calculations.

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March 02, 2018, 11:57:23 PM
 #3


I think a successful bounty campaign must have many communities, that's the most basic.
and also can be seen in website design, design ANN. If the project is really mean, then its design will be good.
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March 03, 2018, 01:36:58 PM
 #4

I personally check if the bounty program will succeed by checking the project itself .

1. Will there be a good or actual use in the future ? Is their product or project be useful ?
2. Do they have a good community support ? Tho its okay to have a few members in telegram / followers if you are just beggining .
3. Team showing their effort ? e.g. Going into media exposures , crypto/blockchain meetings/summit anything similar to it .
4. Team showing their actual faces ? e.g Making a live video discussion about their project .

Basically thats my criteria on checking if it will succeed , even if it doesnt 100% work everytime . At least you have an idea on how to spot the best bounty / project out there Smiley

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March 03, 2018, 03:12:26 PM
 #5

Firstly evaluate the project in which you wish to participate, because if this project has no worth for community, even the biggest bounty pool will not help. Token you will get for bounty tasks will cost nothing and your work will be in vain. If project is interesting - so pay attention at the amount of participants, duration of program ( the shorter  the bigger reward) and the pool.



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donnyman (OP)
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March 03, 2018, 04:18:17 PM
 #6

I personally check if the bounty program will succeed by checking the project itself .

1. Will there be a good or actual use in the future ? Is their product or project be useful ?
2. Do they have a good community support ? Tho its okay to have a few members in telegram / followers if you are just beggining .
3. Team showing their effort ? e.g. Going into media exposures , crypto/blockchain meetings/summit anything similar to it .
4. Team showing their actual faces ? e.g Making a live video discussion about their project .

Basically thats my criteria on checking if it will succeed , even if it doesnt 100% work everytime . At least you have an idea on how to spot the best bounty / project out there Smiley

Thanks a lot for your input!
At what point does team show effort, before or after the bounty?
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March 03, 2018, 05:10:24 PM
 #7

first take a look at the website, whitepaper if there is complete all the travel path of ICO, how the roadmap? mission and strategy that will attract investors to interested to join ...
the team that is in it is also very influential for the development of the project. and supported by existing social media ...

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March 03, 2018, 06:38:05 PM
 #8

How does one measure the success rate of a bounty campaign?
If that project get succeed then your bounty program will also get successd but most of the bounties are failed to reach their goal and then they will return their funds to the investors.So we need to good project with good community support to make money from our bounties.

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March 03, 2018, 10:22:26 PM
 #9

How does one measure the success rate of a bounty campaign?

For myself, I singled out several factors
1) The size of the community supporting this project (Twitter, Facebook, Medium etc)
2) the project team
3) whitepaper project
4) bounty managers
5) amount of rewards
6) terms and conditions of a bounty campaign
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March 03, 2018, 10:32:23 PM
 #10

Personally, I look at the bounty program as I am investing my own money in the ICO. First of all, I am investing my time, second I'd like to support great project.
 
So, I'll start with the following:
- Looking at the team
- Product
- Competitors
- Token metrics

If all good, then I'll start looking at the bounty itself. How much they rewarding their supporters, how are they dividing it, last but not least, who's managing the bounty  Wink
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March 03, 2018, 11:38:40 PM
 #11

I always see managers who lead bounty programs, there are some managers who are always successful and even they make management for each bounty them.
like amazix, needmoney, sylon and colorlesk they are the best managers in this forum.

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March 04, 2018, 01:11:41 AM
 #12

see from their team structure and study the website and whitepaper because there is information about the project so if it thinks it will be good then join there
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March 04, 2018, 02:11:38 AM
 #13

Firstly evaluate the project in which you wish to participate, because if this project has no worth for community, even the biggest bounty pool will not help. Token you will get for bounty tasks will cost nothing and your work will be in vain. If project is interesting - so pay attention at the amount of participants, duration of program ( the shorter  the bigger reward) and the pool.

I like to join the bounty program with shorter time of ico. We could not really measure to get high invome from this but we can do small check before joining the bounty to reduce our chance to fail in the project.
For me, shorter time of ico make us getting our reward quicker.
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March 04, 2018, 02:49:06 AM
 #14

How does one measure the success rate of a bounty campaign?
All we have to do is do the analysis as well as possible, search for information about the project and try to read the whitepaper described by the dev project. Usually a good project will produce a good bounty too. I will usually see the ranks of teams in the developers, when they have a good reputation and history so I do not hesitate to invest in the project, otherwise I also will not regret to follow the bounty they held. Oh yes if we are hesitant then we can follow the bounty campaign is managed by a qualified manager, usually a quality campaign manager always offers an interesting bounty and proven to pay. So choose the best and we should be able to choose what we will do, without action then we will not get anything, believe in our own ability and ability in doing analysis on various projects. Experience, knowledge and skills will greatly influence what we will get.
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March 04, 2018, 03:53:56 AM
 #15

The success of a management in implementing a project is influenced by many factors that are related to each other. There are related parties and other related factors. The main factors affecting the outcomes of project management ie the type of project selected can affect the outcome. Urgent projects of course have higher levels of difficulty and the possibility of failure is also high. New projects that have not been tried, of course, also have a level of possibility of failure or at least the possibility of the emergence of a high enough problem.
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March 04, 2018, 05:08:50 AM
 #16

Firstly evaluate the project in which you wish to participate, because if this project has no worth for community, even the biggest bounty pool will not help. Token you will get for bounty tasks will cost nothing and your work will be in vain. If project is interesting - so pay attention at the amount of participants, duration of program ( the shorter  the bigger reward) and the pool.

I like to join the bounty program with shorter time of ico. We could not really measure to get high invome from this but we can do small check before joining the bounty to reduce our chance to fail in the project.
For me, shorter time of ico make us getting our reward quicker.

Hello,

Please can you give a scenario of a shorter time ICO?
donnyman (OP)
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March 04, 2018, 05:16:46 AM
 #17

I always see managers who lead bounty programs, there are some managers who are always successful and even they make management for each bounty them.
like amazix, needmoney, sylon and colorlesk they are the best managers in this forum.

Thanks for the reference!
But there is always a starting point for everyone. So I believe new managers could be successful too.
donnyman (OP)
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March 04, 2018, 05:22:20 AM
 #18

How does one measure the success rate of a bounty campaign?

For myself, I singled out several factors
1) The size of the community supporting this project (Twitter, Facebook, Medium etc)
2) the project team
3) whitepaper project
4) bounty managers
5) amount of rewards
6) terms and conditions of a bounty campaign

Thanks to everyone for the insight.
 I noticed everyone here talked about having a great team on the project,
Does that imply if the project team is anonymous for security reasons, they won't get any support nor bounty success?
donnyman (OP)
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March 04, 2018, 05:25:34 AM
 #19

How does one measure the success rate of a bounty campaign?
All we have to do is do the analysis as well as possible, search for information about the project and try to read the whitepaper described by the dev project. Usually a good project will produce a good bounty too. I will usually see the ranks of teams in the developers, when they have a good reputation and history so I do not hesitate to invest in the project, otherwise I also will not regret to follow the bounty they held. Oh yes if we are hesitant then we can follow the bounty campaign is managed by a qualified manager, usually a quality campaign manager always offers an interesting bounty and proven to pay. So choose the best and we should be able to choose what we will do, without action then we will not get anything, believe in our own ability and ability in doing analysis on various projects. Experience, knowledge and skills will greatly influence what we will get.

Thanks to for the insight.
But I noticed everyone here seem to talk about having a great team on the project,
Does that imply if the project team is anonymous for security reasons, they won't get any support nor bounty success?
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March 04, 2018, 08:30:03 AM
 #20

How does one measure the success rate of a bounty campaign?


My first answer would be is the hard cap but getting the hard cap and if the bounty maneger is known. This would be my answer back than.

But now this would be my list that you should know that I would think would help you


1. Know the bounties platform know what it works on  is it a wallet, a electronic book or any kind of applications.
2. You shluld take a risk first if you want to invest and if you think it would hit
3. See the team
4. See the teams background
5. See if it surpass the sof cap
6. See if it surpass the harf cap
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