Bounty in cryptocurrency

[jhonjhon]

What do you think many projects do Bounty?

Thanks in advanced.

The projects that do bounty are only promoting their work. So it is not a strange thing, rather it is a means of advertising. There are some who just do airdrop instead of bounty. So the project team can decide to choose the means they want.

Participating airdrops never been profitable or even give a huge money. It is often we've experience unpaid from what we participated bounties but it is not the way we surrender though it really make us disappointed.

[angelica laura]

What do you think many projects do Bounty?

Thanks in advanced.

It is an open secret that bounties are part of projects, especially those using ICO. Because bounties help promote their projects and ICO quickly and can attract investors more easily. So, it feels a futile project if there is no bounty and they will find it difficult to promote their projects around the world.

[ansarose1]

Bounty allocated coins in the project is a minimum part of the projects coins to be distributed or awarded to the bounty hunters that promotes their project. But i think out of several projects here in butcointalk, not all are successful project and not all bounty hunters are awarded.

[maiiyeuvo]

What do you think many projects do Bounty?

Thanks in advanced.

That's a perfectly normal thing. Why not? You know, bounty hunters are very crowded, they can promote projects to as many people as possible.

[Fluxtorrence9]

I'm sick and tired of hearing that bounty payoutsare becoming less and less because of too many bounty participants, most of bounties I checked on here has low participants ,I guess many left already and most don't have merit on there accounts ,moreover its better to join bounty with limited participants if rewards worries you

[cryp24x]

Bounty is like creating a team that will spread up a certain project. This is quite advantageous because you will help more individuals to earn their income compared to making an advertisement or a commercial that will cause you a lot of money and requires a down payment or a full payment upon implementation. So I think the bounty hunters deserve a good pay after the successful ICO because they have given their time and effort even they are not being paid yet.

[cpk02]

Nowadays if you don't received a good amount of stakes from bounties its really hard to derive profit out of it. Social media bounty always attract members on bct because its the easiest to do but to sum up the value sometimes nothing. Even we try to get in many campaigns, not all will be listed on exchange. Signature and blog campaigns are always best means to stack btc but better to choose carefully a project you will participate. Check the manner of distribution of who's handling the campaign and reputation as well. Sometimes I just see airdrops becoming more profitable than usual bounty activities on bct.

[aervin11]

What do you think many projects do Bounty?

Thanks in advanced.

It's for their marketing. Doing bounty campaigns help them promote their project into like minded people in the space so that it would be heard by investors, create community and address adaptation. They also didn't pay straight cash, they are using the trust system by paying their own utility coin/token in exchange for the services of those bounty hunters who'd participate in their campaign.

[Valentina Ambassador]

It's good way for startups to pay for PR or for any other kind of work. Because much of them have no a lot of money for marketing or devepomenting of their projects! I think it is best choose for them.

[billy.ryoko]

They want to promote their coins without any real money, they try to pay the bounty hunter the coins or token if the ICO is successful, if the ICO is failed, this many projects turn into the scam, and never paid it, so be careful if you want to join it!

[Eat.Sleep.Bounty]

Many projects do bounty campaign in order for them to boost their sales result, and easily get the hardcap before the timeline period ends. Because many users will know the project because of multi-platform advertisement.

[cribusen]

At least 50 percent of all ICOs are doing a bounty campaign, because it is the most efficient way to promote a fresh project. It is a win win, because hunters would get tokens and the project would get a great promotion campaign.

[cryptolord2077]

A lot of projects spend bounty, because this is a free marketing whose work can be paid only in case of a successful fundraising project. However, the best projects do not conduct bounty companies, as they have seed capital from large investors.

[Louis21]

Bounty campaigns has become a part that can’t be ignored in ICO projects promotion and it is more effective and cheaper than any other means of advertisements. Bounty hunters deserve to be treated more very well because they are doing so much for projects.

[Chainsmokers]

What do you think many projects do Bounty?

Thanks in advanced.

Many projects in the bounty because bounty is the right way to market and attract investors to participate in it. But, not all projects can run smoothly and successfully, so in my opinion if you want to participate in the bounty you need to observe some of the projects themselves and do an analysis whether it is possible to continue to develop or not.

[ElenaN]

I think that the vast majority. But those who already have a working product usually don't need bounty!

[pilosopotasyo]

What do you think many projects do Bounty?

Thanks in advanced.

It's the tradition and the easiest way to market your project, imagine coming up with a token with no value to pay bounty hunters and they will have to wait for months before they will know how much their efforts really worth and if it's worth promoting the ICO that paid them.

[Chomsy]

Bounty is only a means to help new projects get out to the public and targetted market. It's more like an advertisement sort of. An existing project can also organize a bounty campaign.

[Strotman]

If the project was able to sell its tokens / coins on the pre pre-sale, there is no need for a bounty program. And such projects, though rare, but still occur.

[anggle]

Bounty is only a means to help new projects get out to the public and targetted market. It's more like an advertisement sort of. An existing project can also organize a bounty campaign.

Basically, this opinion is true. because with bounty campaign ICO will easily sell-out their token. Bounty campaign helps promote the ICO for the better known and more people through various means.