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Author Topic: How do you explain the bounty campaign?  (Read 985 times)
airdrophunter
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March 10, 2018, 07:09:40 AM
 #41

Bounty campaign is a way of advertising a company that will answer the 5 Ws as to (What, When, Where, Why, and Who). ICOs are using them to spread the words of the company and attract contributors or investors to participate in the crowdsale to raise the needed funds to complete the project.

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March 10, 2018, 07:31:42 AM
 #42

When I earned my first money with the bounty, people around me (especially my family) asked me where did my money came from. When I told them that it came from bounty campaigns, I saw their puzzled face. So I explain it to them with this analogy: "When politicians are running for office, they always show their faces in public in order for them to remember. They give flyers with their name and platforms in it. ICOs are like politicians and their elections is called bounty campaign. We make the ICO popular by posting in forums, social media sites, and creating videos and article." And they quickly understood it so every time someone ask me about bounty campaign, I always used this analogy. How about you?
Same scenario here and it's really hard to explain lol. The thing that I said is that, Bounty campaigns is like advertisement which we can be paid for advertising our supported project. Unlike the usual advertisement on tv, we do spreading about the project that we are supporting through social medias and forum. We are going to paid using token which we can exchange for different cryto currencies like bitcoin. Then when I already have Bitcoin the next thing I do is to exchange it to real currencies like USD. Now, they understand what I am doing.

To relay correct and proper information to anyone is also an advertisement teach them what you learned in the forum and encourage people around your community to participate in the forum and for next time they also pass what they practiced.
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March 10, 2018, 07:48:17 AM
 #43

The most ideal approach to disclose on to your family on how could you acquire the cash. You can reveal to them that you are a battle consultant of an organization, give them the points of interest, similar to the name of the coin, the name of your crusade chief, the group that claims the coin. You can likewise disclose to them that you put resources into an advanced coin securities exchange look a like. I guarantee you that they will comprehend you in the event that you will be give all the data. Simply disclose everything to them and there is no reason to worry. Wink
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March 10, 2018, 07:56:50 AM
 #44

A bounty campaign is a form of marketing strategy of a certain ICO where they give participants of their campaign certain amount of tokens in lieu of their time and effort in promoting a their ICO.
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March 10, 2018, 08:11:01 AM
 #45

When my friends ask me about bounty campaign, i will answer this job similar like marketing strategy or multi level marketing to promote product of the company, and we get paid for that task, only the way to promote it is different compare others product.

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March 10, 2018, 02:25:27 PM
 #46

Just recently a friend of mine asked what was I doing, I said I was doing bounty campaign. Obviously she ask what is that thing all about? I just told her we will be given tokens or coins after completing task given to us by managers. Most task given are campaigning and promoting the project on social medias like Facebook, Twitter, telegram and many more.

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March 10, 2018, 02:33:36 PM
 #47

I do not even think like that, I often tell them that my job is marketing a big project, that's it and they also understand it
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March 10, 2018, 02:52:08 PM
 #48

Of course this is visual advertising. Bright pictures like short slogans are quickly remembered. For me, participating in the bounty is primarily an additional bonuses to ICO. Since I almost always buy tokens of those projects in which I participate in the bounty. Especially I need bounty if my country turns out to be banned in a prospective ICO.
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March 10, 2018, 02:52:25 PM
 #49

When I earned my first money with the bounty, people around me (especially my family) asked me where did my money came from. When I told them that it came from bounty campaigns, I saw their puzzled face. So I explain it to them with this analogy: "When politicians are running for office, they always show their faces in public in order for them to remember. They give flyers with their name and platforms in it. ICOs are like politicians and their elections is called bounty campaign. We make the ICO popular by posting in forums, social media sites, and creating videos and article." And they quickly understood it so every time someone ask me about bounty campaign, I always used this analogy. How about you?
Me too, I got the same case just like you my where family and friends asks me how I got so much money from some campaigns, They also ask me what is cryptocurrency!. It is also too hard to explain even on details because they also come up with following questions such as how it works and what it really do.
When they got interested on what you do in bounty campaigns I just tell them: "The money I got in the campaign is a reward from supporting their project and that's all how I got them".
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March 10, 2018, 03:09:06 PM
 #50


        I do not know what's incomprehensible. Basically bounty campaigns aim to promote a project on all paths. Depending on your abilities, you choose to promote a project in a certain way. It's advertising. Everywhere advertising is needed. Someone has to promote the project. Here we intervene, those who participate in bounty campaigns. It's simple. And the money comes from achieving the imposed goals. Performing micro-tasking. So you can explain to the family.

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March 10, 2018, 03:23:42 PM
 #51

When I earned my first money with the bounty, people around me (especially my family) asked me where did my money came from. When I told them that it came from bounty campaigns, I saw their puzzled face. So I explain it to them with this analogy: "When politicians are running for office, they always show their faces in public in order for them to remember. They give flyers with their name and platforms in it. ICOs are like politicians and their elections is called bounty campaign. We make the ICO popular by posting in forums, social media sites, and creating videos and article." And they quickly understood it so every time someone ask me about bounty campaign, I always used this analogy. How about you?
Great analogy there, but I usually explain it to my family and other people who ask me in full details about what I do. and this is precisely my explanation: Bounty campaigns are more like advertising, but rather than promoting a specific product, I am promoting a company's project which can be a new innovative way to transact online with their platform. I earn through some sort of advertising and by advertising I meant that I have an account on this forum called bitcointalk, my account in the forum wore a signature or you can compare it to an advertisement, from the company that I am currently working for and I post in different sections in the forums to be able to spread the companies name and project to others, and these investors that invest in the company's project are the ones who help us earn through giving us a share of what they have collected. This is a long explanation but after all, said and done they seem to understand the concept of how I earned my money.

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lucario21
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March 10, 2018, 03:37:18 PM
 #52

When I earned my first money with the bounty, people around me (especially my family) asked me where did my money came from. When I told them that it came from bounty campaigns, I saw their puzzled face. So I explain it to them with this analogy: "When politicians are running for office, they always show their faces in public in order for them to remember. They give flyers with their name and platforms in it. ICOs are like politicians and their elections is called bounty campaign. We make the ICO popular by posting in forums, social media sites, and creating videos and article." And they quickly understood it so every time someone ask me about bounty campaign, I always used this analogy. How about you?

I just ongoing tell them that it came from an online job about new project advertising, It was hard to elaborate the details for some reason they might thought that the money was came from an illegal matters although crypto's wasn't legal yet but it wasn't prohibited by the law so if they asked me about it? As I've said it simply a payment for an advertisement.

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March 10, 2018, 03:53:40 PM
 #53

When I earned my first money with the bounty, people around me (especially my family) asked me where did my money came from. When I told them that it came from bounty campaigns, I saw their puzzled face. So I explain it to them with this analogy: "When politicians are running for office, they always show their faces in public in order for them to remember. They give flyers with their name and platforms in it. ICOs are like politicians and their elections is called bounty campaign. We make the ICO popular by posting in forums, social media sites, and creating videos and article." And they quickly understood it so every time someone ask me about bounty campaign, I always used this analogy. How about you?

I just told them that its from my online job, no need to collaborate it. I don't think they'll understand even if I tell them what;s its meaning.
If sometimes I'm not lazy to tell them what it is, I just say that I advertise projects. But I guess your explanation kinda help me get through this type of question. Your simple description of bounty campaign fits the description of government campaigns in our country.

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March 10, 2018, 05:14:58 PM
 #54

As long as I follow the ico campaign, I have not felt like getting results because I'm new in the world of crypto but , If my family or another people ask me about it, I would answer like a new company would like to promote his company to get to know many people, with the ico campaign this new company is helped to promote his company and I am part of the people who promote it, and I get paid for.

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March 10, 2018, 05:24:40 PM
 #55

I explain it this way. This is a new type of advertising you share information with other people for it you get a reward.
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March 10, 2018, 05:37:56 PM
 #56

It is very hard to explain what a bounty is to many people who aren't in the industry. I think the best way to explain is that it is a micro task that you do and get paid for each task whether it's sharing on twitter, commenting. I think using the word micro task will be easier to explain.
It easier to say an online advertising or a marketing work that is related to bitcoin and other altcoins, cause the first thing they will think about campaigns specifically signature campaign are signatures we are doing on physical activities or work, signature campaigns for donations, petition, surveys and political agendas, most of the people in my county have no idea about ICO projects, bounties and social media campaigns, they just know that it is an investment scheme or a bitcoin investment.

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March 10, 2018, 05:41:52 PM
 #57

It's like advertising for bitcoin forum members and in generally for prople who are interested in investing thier money into the different projects, more or less, but I think now it works worse than it's supposed to do.

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March 10, 2018, 05:43:00 PM
 #58

I explained it in short like this, bounty is more or less like someone is working as an internet marketer. We promote products through social media by creating awareness on social media and we easily get paid for the job.That's the short way i used.
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March 10, 2018, 05:50:19 PM
 #59

In bounty campaigns, you wear a signature and then fulfill the number of posts required per week. You can earn money at the end of the ICO upon distribution. Despite of being a tedious job, it could be a good source of income for members with high rank because the equivalent stakes are high. However, this is not profitable in low rank members especially now that the system for ranking up has changed.

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March 10, 2018, 05:53:30 PM
 #60

explain to parents or friends? i explain for my parents about bounty, bounty is marketing Grin i promote each project from startup around the world in social media like facebook and twitter, and im not explain my parents about this forum Grin its very complicated Cheesy
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