Is Advertising through bounty profitable?

[Koro-Sensei]

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.

It is solely for fund raising project it is possible to get tons of profit by giving the coin some exposure in the internet specially on social media although signature campaigns has high chance of exposure to this forum since most of the user in this forum tend to invest on such things.

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[Omega Weapon]

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.

If the bounty is paying with their own tokens then of course it is profitable, it didn't cost the developers any money to create those tokens since those tokens do not have value yet, the ones working for those tokens are the ones taking on the risk because if the project is not successful then all their work will be for nothing.

[FutureDigiCoin]

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.

If the bounty is paying with their own tokens then of course it is profitable, it didn't cost the developers any money to create those tokens since those tokens do not have value yet, the ones working for those tokens are the ones taking on the risk because if the project is not successful then all their work will be for nothing.

Clear explanation.

[Aikidoka]

Relate this to real life. Why do you think these companies are advertising such a product when they invest lots of money in it? That is because their goal is to make people aware of the existence of that product. And of course, they have their own tactics and strategies to attract them.

The more people know about that product, the more these companies get much money because the demand on it will increase. That is exactly what these bounties are doing.

[litepresence]

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.

No business runs without advertisement. If they are paying tokens for free then see how much profit they are earning. We promoting the ICO's through social media like facebook and twitter where they find many investor to join their project. I would surely say that advertising through bounty is profitable since am doing this and earning.

[jonland22]

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.

it's not profitable for them but advertising through bounty campaigns could result to positive feedback from the community especially if they hired a good bounty manager and a lot of participants especially on signature campaign joined by higher ranking accounts here since some of them knows what's the best project going on so far.

[rapidleech]

Its not free money! its not even money! there is risk that the tokens will be worthless after hitting exchange. bounty campaign participants work for the payments

[cydrix]

This thread has enough informations and opinions already please don't answer it anymore this thread is good as lock now please lock now this thread OP  unnecessary opinions aren't needed anymore you've been answered long enough please respect.

[omonuyak]

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.

Advertising is not only for those that are participating in ico rether for people that are online to here about the projects and therefore investing in it. If bounty is not profitable many projects' team would not have been bringing they project to be promoted here. I have been into many campaign here and have been following different ico and I have also see impact on bounty of those ico.

[carlfebz2]

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.

Its not "free" since those amounts being given is already part of their marketing expenses which is normal for a certain project to do such thing.Talking about profitability?They wont exist here and sustain upto these days if they weren't able to raise up money or be profitable.No doubt that they are really profitable on such thing and the number of projects being launch on this forum itself can give you the proofs.

[Doell]

bounty campaign programs are usually done by promoting it through social media platforms like facebook tweeter and also other social media. and there is obviously an advantage they gain from what has been promoted through such social media platforms where by means of such promotions there will be many investors who will invest with the bounty program they are promoting.

[jrrsparkles]

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.

They are not giving any free money,you are doing the job as advertising their project so you are doing some job to get that money.

Actually they are making lot of money than you think,the advertisement of the project is very important if they want to get more investors so they will allocate some funds from the token or coin creations so they are using that money for the advertisement,it is the investors money not their own.

Some ICOs will reach their caps value in some minutes after it was launched so it needs to be a good project too to get succeed if there is less investors then the project may not worth to invest.

[Oilacris]

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.

They are not giving any free money,you are doing the job as advertising their project so you are doing some job to get that money.

Actually they are making lot of money than you think,the advertisement of the project is very important if they want to get more investors so they will allocate some funds from the token or coin creations so they are using that money for the advertisement,it is the investors money not their own.

Some ICOs will reach their caps value in some minutes after it was launched so it needs to be a good project too to get succeed if there is less investors then the project may not worth to invest.

For some ICO or projects I do see some which do sold out for few hours or minutes only which is amazing because you can really see the demand.Advertising do really works and always been part of the plan of those project owners.Its not actually investors money on what they have spend mainly.They do have allocated budget with it and they do only gain profit in the end of the sale or they do let it progress overtime since they are holding some serious numbers of coins from their own wallets,when the market booms up then its a sure sure money for them.

[Ridwan Fauzi]

Where do you know who invests in ICO a little bit? can you make it real? Now cryptocurrency users are crowded, they want to take advantage of everything come under investing in ICO. I was trying to investment in ICO and the result was very satisfying, my capital was $ 200 and my profit was $ 1000. Bounty campaign and signature campaign is very helpful ICO, especially ICO who held a signature campaign that can be ascertained 90% there will be many people who invest in the ICO.

[whirlcoin]

It is profitable or not but it is indeed if you want the world to know about your project if you don't advertise then you can't get enough reach so yii can't reach the soft and hard caps value then finally that project will be failure.
And I think it is profitable if not then why they are running them.

[Mobshady24]

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.

They are not giving any free money,you are doing the job as advertising their project so you are doing some job to get that money.

Actually they are making lot of money than you think,the advertisement of the project is very important if they want to get more investors so they will allocate some funds from the token or coin creations so they are using that money for the advertisement,it is the investors money not their own.

Some ICOs will reach their caps value in some minutes after it was launched so it needs to be a good project too to get succeed if there is less investors then the project may not worth to invest.

For some ICO or projects I do see some which do sold out for few hours or minutes only which is amazing because you can really see the demand.Advertising do really works and always been part of the plan of those project owners.Its not actually investors money on what they have spend mainly.They do have allocated budget with it and they do only gain profit in the end of the sale or they do let it progress overtime since they are holding some serious numbers of coins from their own wallets,when the market booms up then its a sure sure money for them.

Totally agree, even for some scammy project were the most part of the effort is done through advertisement they are getting so much money during their ICOs while the development is being left behind right after collecting funds from investors.
Bounty programs pays well definitely, there's no exact amount of how much you can get since the stakes can only be completed after the bounty is finish and the value of the coins you'll get will depend upon the demand once get listed.

[Oasisman]

It is profitable or not but it is indeed if you want the world to know about your project if you don't advertise then you can't get enough reach so yii can't reach the soft and hard caps value then finally that project will be failure.
And I think it is profitable if not then why they are running them.

Agreed,That made sense. First things first why run a bounty if it doesnt benifit or profitable on their edge? Right? Popularity is a huge asset that an ICO must posses to be able to run a succesful project, and bounty campaign is one of many ways to advertise a project.
And by the way the OP mentioned "free money" from bounty. Actually it isnt free money, its a payment for doing an advertisement through a rented signature space.

[syaripudin]

yes, this is very profitable for ICO because many developers are using this method to raise funds for the sake of developing their projects and of course the results are not small. and also the profit earned by investors is that investors will get tokens or coins that later coins can be traded freely in the exchange market.

[pratik009]

The bounty programme is very necessary and also profitable for any new projects. Many people participate into bounty programme and they share the project on social media and other many platforms.so it will help to attract the more and more investeros.They also help to share this project on this forum therfore it will also helps to get more and more investeros.so the project  get many investeros from bounty programme that's why the devlopers arrange the bounty programme.

[MMM005]

Simply, Yes!
Advertising through bounty is profitable.
What happens to an ICO without bounty, Nothing happens to the project, No funds, No one buy your token/coin, And finally the project FAIL!

Bounty make an ICO popular, more people buy your token/coin, your project success, you and your team reaches the goals.
And best place to make a bounty is here, BitcoinTalk, All users here are interested in crypto, you will sell more!