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Author Topic: How do one measure the success rate of a bounty program?  (Read 487 times)
bekhuong45
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March 04, 2018, 10:48:29 AM
 #21

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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dulce dd121990
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March 04, 2018, 03:58:48 PM
 #22

The success rate f a bounty programs depends on the coft ca or hard cap reach. If the bounty needs to reach a specific amount of 1,000,000 USD soft cap, and reach that amount or more, then that means the bounty campaign of an ICO bounty was successfull. But if they will never reach the minimum amount of soft cap then that ICO will fail.

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March 04, 2018, 06:07:57 PM
 #23

I don't actually measure it but as I read their white paper, I gave it grade like 60% success, and you see, you just have to update also yourself what's happening with the project, what's happen during the airdrops as for example, does it have a value? Then update your self again after the pre sale, what's the status.... And so on.

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March 04, 2018, 06:17:23 PM
 #24

That depends on the target of the bounty program and the reach that the bounty program was designed to have
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March 04, 2018, 09:44:31 PM
 #25

How does one measure the success rate of a bounty campaign?
It is now very difficult to find profitable bounty. There are many special sites that evaluate new projects - you can use them. you need to study carefully what the project is doing and then you can choose a good bounty

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March 04, 2018, 10:17:54 PM
 #26

With our study of information about companies in the white paper, websites, social media we actually have started to analyze the success rate of the program. But besides that, we also have to see the seriousness of the development team and managers who manage the prize program, such as giving awards each week to bounty campaign participants.
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March 04, 2018, 10:39:27 PM
 #27

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?

People such as Vitalik Buterin and Charlie Lee, with their example made it clear that if there is a worthy project behind you, to hide your face and intent, there is no need.
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March 05, 2018, 01:40:15 AM
 #28

How does one measure the success rate of a bounty campaign?
usually we only see from the total sales of tokens at the time of Pre ICO is determined if the pre ICO alone is met we can just conclude whether it works or not.

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donnyman (OP)
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March 05, 2018, 10:39:28 PM
Merited by Hamphser (1)
 #29

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?

People such as Vitalik Buterin and Charlie Lee, with their example made it clear that if there is a worthy project behind you, to hide your face and intent, there is no need.

You have a point there but I don't agree with you 100%. Not everyone like it being in the public domain, sometimes for security reasons and so on. Intent are never hidden in genuine projects but some dev prefers to live a private life and that doesn't imply their projects is unworthy. There are still some project with dev faces that turned out to be scam. What do you think Satoshi would be doing now if he/they were known? Maybe some government would have forced him/them to centralized blockchain or something else. Satoshi's intent was never hidden but his face.
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March 05, 2018, 10:59:31 PM
 #30

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?

People such as Vitalik Buterin and Charlie Lee, with their example made it clear that if there is a worthy project behind you, to hide your face and intent, there is no need.

You have a point there but I don't agree with you 100%. Not everyone like it being in the public domain, sometimes for security reasons and so on. Intent are never hidden in genuine projects but some dev prefers to live a private life and that doesn't imply their projects is unworthy. There are still some project with dev faces that turned out to be scam. What do you think Satoshi would be doing now if he/they were known? Maybe some government would have forced him/them to centralized blockchain or something else. Satoshi's intent was never hidden but his face.
Completely agree and you do deserve a merit for such reply which in most cases its not really a guaranteed indication of developers/creators transparency when it comes to their own creation/project.If the intent was somehow unique among others then this is one of the indications i do seek out and i can measure success rate but eventually its not a sure stuff that it would succeed depending on how people would react and sees thru the potential of such project.

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donnyman (OP)
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March 06, 2018, 04:32:28 AM
 #31

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?

People such as Vitalik Buterin and Charlie Lee, with their example made it clear that if there is a worthy project behind you, to hide your face and intent, there is no need.

You have a point there but I don't agree with you 100%. Not everyone like it being in the public domain, sometimes for security reasons and so on. Intent are never hidden in genuine projects but some dev prefers to live a private life and that doesn't imply their projects is unworthy. There are still some project with dev faces that turned out to be scam. What do you think Satoshi would be doing now if he/they were known? Maybe some government would have forced him/them to centralized blockchain or something else. Satoshi's intent was never hidden but his face.
Completely agree and you do deserve a merit for such reply which in most cases its not really a guaranteed indication of developers/creators transparency when it comes to their own creation/project.If the intent was somehow unique among others then this is one of the indications i do seek out and i can measure success rate but eventually its not a sure stuff that it would succeed depending on how people would react and sees thru the potential of such project.
Thank you for the merit which happens to be my first!
Yes for the project to succeed, people need to react positively while looking at its potential.
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March 06, 2018, 05:10:51 AM
 #32

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.
Yes, these are good recommendations for choosing ICO projects to participate in their generosity campaigns. First of all, you need to evaluate the project in terms of its need and utility for society, otherwise you can get many, but worthless tokens. They will just be in your wallet for the collection.
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March 06, 2018, 07:13:53 AM
 #33

I think a successful bounty movement has to have a lot of communities, which is basic.

The second is that teams present their real faces, such as real-time video discussions on their projects.
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March 06, 2018, 07:16:37 AM
 #34

How do one measure the success rate of a bounty program? By seeing the result of the token sale that made the project, if the token gets to hardcap and runs out faster than scheduled then it is undoubtedly a great success and many followers are enrolling in the project.
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March 06, 2018, 12:05:53 PM
 #35

I appreciate this forum for this information,  it is really of great help to me
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March 06, 2018, 12:11:09 PM
 #36

I think a successful bounty movement has to have a lot of communities, which is basic.

The second is that teams present their real faces, such as real-time video discussions on their projects.
Having large communities is one of the things I do look at together with having active developers which doesn't really mind too much on making money but just purely doing their job on developing their project even further because most of the project I do see now is only focusing up on making money.You can differentiate greedy developers compared to those who are serious. Rating of success will depend though butt having these qualities can really give you presumptions.

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March 06, 2018, 01:42:37 PM
 #37

First of all you need to pay attention to the result of the token sale. And u draw ur conclusions based on the sales results achieved - if overall volume gets to hardcap and achieve out faster than scheduled then you can be sure that this is great news and it is undoubtedly a great success and many followers are enrolling in the project. So, keep an eye on the latest statisticians.
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March 11, 2018, 12:15:34 AM
 #38

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.
I'm not saying anything bad about the new manager. they have the same quality. but older managers are more experienced and have links with trusted communities in this forum.
Good reason to choose them.

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March 11, 2018, 12:20:21 AM
 #39

Probably all you need is facebook and twitter accounts with bunch of friends, as I see this is the requirement to start collections tokens.
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March 11, 2018, 12:43:05 AM
 #40

I would say to take a look at their token sale and base it on if they met their cap. The sooner it happens the more promising the project. Here is an ICO that is coming up that I believe in because they aim to solve a big problem, bringing crypto to the masses:                                        https://bitcointalk.org/index.php?topic=3085831.msg31823480#msg31823480
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