Why don't bounties use referral links?

[AlisaWhishie]

I'm not complaining about anything, just want to discuss.

The main goal of a bounty campaign is to attract investors, right?
So why then don't they use any kind of referral links to know for sure which bounty participant brought more investors to the project? And then they could reward all the participants according to this information?

For example, let's take a Youtube campaign. A video that has only 100 views will be rejected in most campaigns and video with 1000 views will be accepted. But what if it was 100 views video that attracted at least one investor and 1000 views video attracted none?

The same with signature campaigns. You may be a Hero with shitposts which are not read by anyone, and you can also write great posts as a Junior, that will be catchy and thus will draw readers' attention to your signature. But still Hero will receive way more.

I don't say that it is unfair and should be changed, I just wonder, why the system of referral links is not used here? I'm so used to it, because it is everywhere on the Internet, it is used by each platform that wants to get traffic and reward its bringer. But not in bounties, why? Or maybe I'm mistaken about bounties' main goal?

[SpringfieldM1A]

Hello Alisa, bounties are like freelance marketing projects, it's not about the investors you pull in, it's about the traffic you create. So if you show the ico to 1000 people instead of 100, you still create 10 times more traffic and through word of mouth marketing, 1000 people create even more than tenfold traffic compared to 100 people.

But most of the airdrops use a referral system, you get more coins from the airdrop if you refer and make your friends sign-up.

[AlisaWhishie]

Hello Alisa, bounties are like freelance marketing projects, it's not about the investors you pull in, it's about the traffic you create. So if you show the ico to 1000 people instead of 100, you still create 10 times more traffic and through word of mouth marketing, 1000 people create even more than tenfold traffic compared to 100 people.

But most of the airdrops use a referral system, you get more coins from the airdrop if you refer and make your friends sign-up.

Yeah, I also thought that crypto community must be really... closed, I mean that you will always notice a project that is a lot of talked about, and sometimes it can even become annoying, that's what is happening to TokenGo now. As the task of bounty hunters is just to mention it everywhere, but not to present it in the best light. And same with marine-fckng-coin, that is being promoted here by a simple spam (actually, I don't think it is a part of their bounty program, but whatever, it's also word of mouth marketing of some kind).

But still I think that referral links work even better, because if a person gets reward for making people really interested in a platform, he works for a certain result, so it is result-oriented management. I can even give you an example: you probably know how many users BountyHive platform has now? It's because it has an affilate program. People are really exited to share their knowledge about bounties even with non-crypto friends.

[Lilchain]

The main goal of a bounty campaign is to attract investors, right?
So why then don't they use any kind of referral links to know for sure which bounty participant brought more investors to the project? And then they could reward all the participants according to this information?

For example, let's take a Youtube campaign. A video that has only 100 views will be rejected in most campaigns and video with 1000 views will be accepted. But what if it was 100 views video that attracted at least one investor and 1000 views video attracted none?

The same with signature campaigns. You may be a Hero with shitposts which are not read by anyone, and you can also write great posts as a Junior, that will be catchy and thus will draw readers' attention to your signature. But still Hero will receive way more.

I don't say that it is unfair and should be changed, I just wonder, why the system of referral links is not used here? I'm so used to it, because it is everywhere on the Internet, it is used by each platform that wants to get traffic and reward its bringer. But not in bounties, why? Or maybe I'm mistaken about bounties' main goal?

[heritage35]

As a bounty hunter, you are a promoter of ICO project through the dissemination of information the the audience out there. Most of these audience i feel will not come to you to tell you that they will or have invested. So, hoe do you keep or the ICO keep the record of the investors who came through your advert? Also, some of these investors may have seen the advert from different sources before making up their minds to invest. So, in this case, which promoter should they choose as their referrer.

[Bencus]

The main goal of a bounty campaign is to attract investors, right?
So why then don't they use any kind of referral links to know for sure which bounty participant brought more investors to the project? And then they could reward all the participants according to this information?

There are bounties, using referral links.

With Emmares, there was referral link at airdrops.
With Safecrypt, there are referral links and rewards here: https://b.safecrypt.io/spreadsheet.php

There are plenty of other ones, its pretty common. And companies dont make this a secret, information about this  can usually be found at the bounty announcement thread.

And yes, the rewards are not representative for the amount of investments made from a single method (signature, twitter, etc.) but the system is working fine, I believe. Referral links in signatures may be something to your liking, but I dont know if anything like that exists.

[Rozita]

I don't agree. That's not fair.
When a group of people are using a signature code to promote an ICO, they are helping that project to attract more investors.
As most of investors do some research about the project and then participate in the ICO, they will not use the referral link. So bounty hunters will not receive the stakes they deserve.
It's a good idea to add the referral code in the links to get extra bonus, but giving stakes based on the number of investors have invested in the ICO using the referral links is not a good idea.

[berezov_petro]

Over the past few years, referral links have started to lose popularity. People do not trust companies that use referral links. People see in companies with referral fraud systems and associate such companies with pyramids.

[pey]

Bounty campaings distribute their coins according to your stake but if you use referral and get more stake, other people get less coin so why anyone go and use other participants' referrals?

[oly4life]

it would have been more interesting if they included it

[shahani]

About your idea on referrals, I don't think how can be a effective way on cryptocurrency business, but it is likely having similarities on twitter and facebook campaign. Maybe it is more hustle compare the work assigment today of joining campaign, so about your proposal, if crypto business will implement on that, expectedly it has a form of huge salaries distributions to every member who want to participate.

[AlisaWhishie]

I don't agree. That's not fair.
When a group of people are using a signature code to promote an ICO, they are helping that project to attract more investors.
As most of investors do some research about the project and then participate in the ICO, they will not use the referral link. So bounty hunters will not receive the stakes they deserve.
It's a good idea to add the referral code in the links to get extra bonus, but giving stakes based on the number of investors have invested in the ICO using the referral links is not a good idea.

Then how do project developers analyse which particular bounty campaigns bring more traffic? I think it is really important information, no one would spend his money on campaigns that are not efficient and profitable?
But still I agree that additional referral bonus is also could be helpful for developers to improve their marketing strategy.

[Caesar-Giulius]

I believe it depends on the project’s market strategy. I do see some projects offering referral bounty.

[AlisaWhishie]

Bounty campaings distribute their coins according to your stake but if you use referral and get more stake, other people get less coin so why anyone go and use other participants' referrals?

No, I don't mean that you as a participant should refer other new participants (but still we can see that it is successfully done on such platforms as Bountyhive, Bountyhunter, etc.) I mean bounty participants referring investors. Isn't it what bounties are actually made for?
Btw, I think sooner or later projects will do it. There is a lot of fraud from bounty participants now, such as boosted views on youtube videos, follow-back twitter accounts that are followed by other bounty hunters only... A lot of managers now are trying to get rid of these things.

[gawer33]

the advantage of this is some people will invest if they know the person, this is also to make sure more effort is done by the referrer because of the reward.

[markcruz5554]

A lot do now, agree with you though.

[hastag_80]

I'm not complaining about anything, just want to discuss.

The main goal of a bounty campaign is to attract investors, right?
So why then don't they use any kind of referral links to know for sure which bounty participant brought more investors to the project? And then they could reward all the participants according to this information?

For example, let's take a Youtube campaign. A video that has only 100 views will be rejected in most campaigns and video with 1000 views will be accepted. But what if it was 100 views video that attracted at least one investor and 1000 views video attracted none?

The same with signature campaigns. You may be a Hero with shitposts which are not read by anyone, and you can also write great posts as a Junior, that will be catchy and thus will draw readers' attention to your signature. But still Hero will receive way more.

I don't say that it is unfair and should be changed, I just wonder, why the system of referral links is not used here? I'm so used to it, because it is everywhere on the Internet, it is used by each platform that wants to get traffic and reward its bringer. But not in bounties, why? Or maybe I'm mistaken about bounties' main goal?

Actually in my own thought the purpose of bounty hunting,is to advertise the product of the ICO project development that you promoting and not to give a referal links to the newbie into this kind of investment,while about as you stated in your statement that there is a hero that make only a shit post while there are junior that will be catchy and those will catch the attention of the readers,maybe you are correct on that but  you cannot define in all,because they are going in that rank,because they have a large knowledge about cryptocurrency.

[Betszkie12]

I might be wrong because I am not an expert but I think that referals are not a good form of advertisement. Considering that not all will probably will be interested to do a lot of signing in or posting of links, the end result will be that only a few will know about the idea or project. Where as a direct to the mass form of communication i think is far more better because it diesn't have limits or boundaires. In the referral method, when somebody is not so interested, communicating the idea or a project will be stopped to those types of people and  gets filtered. So communicating the whole idea is then limited.

[DarkTaiga]

I'm not complaining about anything, just want to discuss.

The main goal of a bounty campaign is to attract investors, right?
So why then don't they use any kind of referral links to know for sure which bounty participant brought more investors to the project? And then they could reward all the participants according to this information?

For example, let's take a Youtube campaign. A video that has only 100 views will be rejected in most campaigns and video with 1000 views will be accepted. But what if it was 100 views video that attracted at least one investor and 1000 views video attracted none?

The same with signature campaigns. You may be a Hero with shitposts which are not read by anyone, and you can also write great posts as a Junior, that will be catchy and thus will draw readers' attention to your signature. But still Hero will receive way more.

I don't say that it is unfair and should be changed, I just wonder, why the system of referral links is not used here? I'm so used to it, because it is everywhere on the Internet, it is used by each platform that wants to get traffic and reward its bringer. But not in bounties, why? Or maybe I'm mistaken about bounties' main goal?

Some people usually cheat to get referral. And developer don't like it because they don't get anything, they still lose money. In signature campaign, they can easily avoid the cheater, multiple account,...Although signature only works in bitcointalk, it is still more efficient than referral links. That's why I prefer Bounty than Airdrops. Because bounty is always fairer than airdrops.

[jayco25]

I'm not complaining about anything, just want to discuss.

The main goal of a bounty campaign is to attract investors, right?
So why then don't they use any kind of referral links to know for sure which bounty participant brought more investors to the project? And then they could reward all the participants according to this information?

For example, let's take a Youtube campaign. A video that has only 100 views will be rejected in most campaigns and video with 1000 views will be accepted. But what if it was 100 views video that attracted at least one investor and 1000 views video attracted none?

The same with signature campaigns. You may be a Hero with shitposts which are not read by anyone, and you can also write great posts as a Junior, that will be catchy and thus will draw readers' attention to your signature. But still Hero will receive way more.

I don't say that it is unfair and should be changed, I just wonder, why the system of referral links is not used here? I'm so used to it, because it is everywhere on the Internet, it is used by each platform that wants to get traffic and reward its bringer. But not in bounties, why? Or maybe I'm mistaken about bounties' main goal?

I think you have a point regarding this matter but always remember of course with high rank on bitcointalk has more experience regarding crypto world specially Legendary and hero Account. Regarding you tube of course its really easy to attract Investors if you have big subscriber rather than few specially if your some previous review  are already stable and successful.

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