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Author Topic: Is Advertising through bounty profitable?  (Read 720 times)
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March 14, 2018, 07:20:41 AM
 #61

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh
Bounty program is profitable if the bounty program will be succesful,bounty hunters would benefit when an ICO started the token sale tokens price is cheap..investors would take advantage on the price of the coin and poured money for their long term investements.Actually if an investors don't want big losses as taking advantage is also taking risk they can choose how much money they can afford to lose in case if the ICO would become unsuccessful.
For bounty hunters we have a role to play inorder to make any program to be successful and profitable.Promoting constructive ideas while wearing the ICOs signature codes and avatars can attracts people and that makes the programs to earn the trust of every investors,in this way we able to help to introduce the coin to the masses positively, in a long run causes high demands and will make the ICOs value to rise.

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March 14, 2018, 07:21:23 AM
 #62

yes, they produce money from the investors who helped to succeed ICO by investing. and bounty participants get a reward from the advantages of ICO.

and the way give benefit for ICO is by contributing well to ICO, such as to spread ICO project in media, and also with signatures.

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March 14, 2018, 07:22:18 AM
 #63

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

With bounty campaniens, you can easily get to the people who are interested in the crypto currencies, especially in the bitcointalk. For this reason, they are so valuable for advertising. If you use the mass media in society, it will simply reach out to many people who do not care about it.  Smiley

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March 14, 2018, 07:34:40 AM
 #64


the profitability of bounty is highly dependable on the bounty program. the campaigns increases peoples awareness of the project and might attract interest that might lead to investment on that project.

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March 14, 2018, 08:03:34 AM
 #65

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh



As what I learned that all bounty campaigners are being paid unless they are being scammed. In every business there is a required budget for every ads they are proposed. And through  social media , twitter, telegram or in facecebook could help bounties to succeed, it will attracts people to join with these projects. Though this , it is the cheapest and easiest way of doing  such advertisement rather than  giving those projects to other networks like in television that will charge maybe more than what they expense through bounty programs.

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March 14, 2018, 08:04:49 AM
 #66

Bounty participants promote a certain ICO in exchange for that ICO's token or Bitcoin/Eth.  Only a percentage of the tokens sold or a fixed amount is allocated as a bounty reward. There are more than a million people participating in bounties leveraging the ICO's exposure thus more people buy into the ICO and more rewards are generated for the bounty participants.

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March 14, 2018, 08:05:35 AM
 #67

There is no doubt that Advertising through bounty is profitable. I myself buy so many coins and tokens through ICO. Bitcointalk is the best platform most of the people involved in crypt are attached with Bitcointalk. So advertising through Bounty is a good way to approach them.

I agree. I think, in every kind of business whether it's in this market or in other markets, advertising has always been a key component that could spell a project's success or failure. Marketing through advertising gives people the knowledge and know-how of what the project is all about, and it keeps them excited and looking forward to it, especially if the project has proved to have a catchy concept. However, since there are so many projects popping seemingly every now and then, it's very difficult to advertise now that could really catch people's attention.
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March 14, 2018, 08:11:45 AM
 #68

My concentration is attending pre-ico's/ico's bounty champaigns in addition to my direct buying of that token to decrease my total cost of ownership to the token that I already study and research for it. I am trying to combine hard work with my knowledge and of course positive feeling is important.

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March 14, 2018, 08:59:01 AM
 #69

To me the people that are involved in the bounty spend so much on data and their time on the assignment for advertising. so they need to be paid well
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March 14, 2018, 09:09:33 AM
 #70

I reckon that the projects that are doing bounty campaigns here on the forum just have a reasonably large marketing budget.
Then paying a few Bitcointalk members to participate in promoting the ICO isn't a really big chunck of their budget.

Also, part of all of the bounty is usually paid out with their own tokens, how does that cost them anything?

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March 14, 2018, 09:52:14 AM
 #71

Sure, Bounty advertisement is profitable if your ICO is successful, sometimes the ICO may not have been too successful but the advertisements creates so much awareness for the coin.
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March 14, 2018, 10:03:37 AM
 #72

I reckon that the projects that are doing bounty campaigns here on the forum just have a reasonably large marketing budget.
Then paying a few Bitcointalk members to participate in promoting the ICO isn't a really big chunck of their budget.

Also, part of all of the bounty is usually paid out with their own tokens, how does that cost them anything?
Bounty hunters are considered a medium of advertising of the ICO’s that would promote their coin to the community although it occupied only a small portion of the pie and paid by their own token and the only hope  is that the ICO’s will hit  the hard cap and the amount is bigger, but for  the those  people below poverty line it would be a big  help.

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March 14, 2018, 10:44:28 PM
 #73

They are paying through bounties to advertise their ICO. In short, they are paying for advertisement in return with stakes or rewards that they will allocate base on their amount collection after the ICO. And there's a certain percentage that will go through the bounty so there are investors that doesn't like those ICO's that has bigger cap for bounties because bounty hunters will dump that coin quickly.

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March 14, 2018, 10:50:18 PM
 #74

They actually do work and what ever they spend on the bounty campaigns gets covered when people invest on their ICOs. This is the reason why most ICOs scam. When they fail to provide,they end up scamming their users.
Bounty campaigns = Advertisement = more people noticing the ICO = more chances of people to invest on that ICO.

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March 15, 2018, 07:02:03 AM
 #75

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

Reward allocation for bounty is just a small percentage of a whole token distribution. Meaning even it's profitable or not to the project, the amount can put on risks to boost advertisement and exposures at any platforms of fields.

Advertising thru bounty sometimes create a powerful hype that even bounty hunters itself will put money on the ICO. So much hype that once it reached other platforms, it will result for much more impact.

And if that really won't work and not effective, we shouldn't see so much bounty programs today.

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March 16, 2018, 06:01:21 AM
 #76

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

Of course, doing bounty campaign is profitable enough for some ICO teams, specially when a project having a very good platform and very useful product to someone. The reward they distribute after the ICO is just a small amount compared to their total token distribution, so it will really give a huge profit to the project if it will be successful.

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tanghere02
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March 16, 2018, 08:22:53 AM
 #77

People are being paid to advertise their bounties based on the signature on the bottom of your profile. So for as long as you are contributing to the bitcointalk forum community and you are wearing the signature assigned to you when you join in a bounty, you are fairly given a reward according to your rank and if you have submitted the requirements asked in the bounty campaign.

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radjie
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March 16, 2018, 11:41:24 AM
 #78

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh
some of the ways to promote ICO programs through multiple social media platforms such as facebook and tweeter are the activities that are usually done by some people following the bounty campaign. but the success of the ICO program will depend on several aspects of the ICO team that are developing the bounty program with several concepts that will attract investors.
bhadz
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March 16, 2018, 12:30:20 PM
 #79

The same topic as this one, Does signature campaign really help to promote an ICO ?
Advertising through bounty isn't a free money, they are getting target viewers through the forum by posting and giving them appearance with colorful signatures that they have.
In every type of marketing, it's profitable for the ICO or any service that is on the right place to advertise.

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avp2306
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March 16, 2018, 02:19:02 PM
 #80

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh
some of the ways to promote ICO programs through multiple social media platforms such as facebook and tweeter are the activities that are usually done by some people following the bounty campaign. but the success of the ICO program will depend on several aspects of the ICO team that are developing the bounty program with several concepts that will attract investors.

Social media platform is the most innovative thing that needed to be used by ICO project implementor since the word will go spread faster if it will be passed through that platforms, And their are always backed up advertising plan needed to be done so that the target traffic will be hit by the site owner and by this they will gain more success for their placed project.

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