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Author Topic: How useful is bounty programs to the overall success of icos?  (Read 963 times)
chrisculanag
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July 12, 2018, 01:10:59 AM
 #41

Is bounty programs impacting negatively or positively to the success of icos?

Bounty campaign is a biggest help in the ico`s to achieve success, because of the good sharing information of the bounters many ico`s investor need to see if this ico`s is good or not. The bad things is if this ico`s go to scam even they success.

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July 12, 2018, 01:33:09 AM
 #42

Bounty programs is very much useful to the overall success of ICO, because of the bitcoin forum in which it is the main promotional stations of the ICOs in which they are carrying the different signatures of the members of bitcoin talk forum, so bounty it is really have the help of the promotions of that certain ICO.
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July 12, 2018, 01:42:47 AM
Last edit: July 12, 2018, 02:34:09 AM by jaocoincrypto18
 #43

Is bounty programs impacting negatively or positively to the success of icos?

Bounty campaign is existing until today because it is very useful to the ICO's. It help to promote and advertise an ICO without advance payments and so much obligations from the ICO because if the project become failure they will not oblige to pay the hunters while if they chose to promote and to advertise their projects thru social media and other advertising nerworks they have to pay them first before having their advertising services in which this is the reason on why ICO will rely on bounty.
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July 12, 2018, 02:40:56 AM
 #44

For one thing, most crypto currency investors keeps thsir ear to the ground. Such grounds are social media and forums. These adverts catches the eye of potential investors that actually look fornpromising ICOs to place their money in. I'm not saying that Bounty programs are the only thing that makes an ICO a success. What I'm saying that it is a part of it.

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July 12, 2018, 02:45:56 AM
 #45

Is bounty programs impacting negatively or positively to the success of icos?
Businesses survive on the ground of patronage. You can only get patronage if there is awareness. Awareness is advertisement. This is what bounties do for ICOs. People get to know of most ICOs through bounty campaigns and then buy into it. It's good business for the developers. Otherwise, none of the devs would be needing spending money on running bounties.


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July 12, 2018, 02:50:00 AM
 #46

Bounty programs are a good tool to make an ICO popular, one that if well used will be greatly beneficial to both the ICO issuers and the bounty program. l think the question is the rules surrounding bounty programs, and the existence of 'scam' projects that have seen bounty hunters invest so much and get so little in the past.
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July 12, 2018, 03:06:06 AM
 #47

Is bounty programs impacting negatively or positively to the success of icos?

It depends on the team of ico for choosing a good manager,and depend on manager on choosing good participants,this is a team effort and not just for individual work for the project to come successfully,the participants must have concern in every campaign he will get involved and not just making the job for money but for th success of each ico.so the answer is depending on each and everyone
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July 12, 2018, 03:12:08 AM
 #48

Money programs make us more aware of the program, you can participate in many campaigns as well as you can have plans to name more widely known ico programs.
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July 12, 2018, 03:23:22 AM
 #49

Is bounty programs impacting negatively or positively to the success of icos?

Bounty programs are double edged sword. Some would not have bounty program because they knew that bounty hunters would dump the tokens upon listing in exchanges and it would discourage some investors however bounties are great help so that the project would gain more exposure. Some ICOs though do not need the bounties when there are so many investors who are interested in the project that it would not even last a day and they would reach the hardcap.

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July 12, 2018, 03:45:07 AM
 #50

Bounty campaigns brought nothing to an ICO but awareness to the generality, which of course facilitate investments into such ICO with large number other than just an ICO without Bounties that may go nowhere, when it's community may not grow bigger to achieve the aims and desires of the Dev with which such ICO is introduced. We can infer that each ICO's Dev spent extensively to reward Bounty Hunters just that they knows their worth in creating good Adverts for their product. Hence, the significance of Bounty Programs in general to ICOs comes in no small measure.

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July 12, 2018, 05:41:07 AM
 #51

Is bounty programs impacting negatively or positively to the success of icos?
Bounties creates more awareness via social media such that vast information and advertisements is disseminated covering wider global views, thus resulting to the success of ICOs, of course that is why a larger percentage of tokens being allocated to bounties which shows how important it is to the overall success of the project.

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July 12, 2018, 06:15:07 AM
 #52

With so much member in the forum it will indeed help ICO positively, for them to become known and for them to be successful. bearing there ads are so helpful for them to succeed.
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July 12, 2018, 06:49:12 AM
 #53

I believe that bounty campaigns are one of the main driving factors of the ICO. This helps the project to develop positively and successfully, attracting as many people and investors as possible.
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July 12, 2018, 09:50:04 AM
 #54

If they are well managed, the bounties are a fundamental component of an ICO, and they are certainly decisive for its success.
Obviously, if they are badly managed, they will have the opposite effect.

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July 12, 2018, 10:24:40 AM
 #55

Is bounty programs impacting negatively or positively to the success of icos?

Bounty programs are helpful enough to promote an ICO. Without this program, ICO won't attract investors. A well managed bounty will certainly attract investors for sure. I just notice that if a bounty was not managed well there is a negative effect to the community as well as the investore. I think it is one of the core of the success of an ICO.

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July 12, 2018, 11:20:40 AM
 #56

I don't think that any bounty program executed in a proper manner will affect the project in a wrong way. The root cause of introducing bounty programs is to attract a high number of eyeballs towards the project, this brings ripple marketing effect and thus increases the probability of raising the handsome amount of capital through ICO. However, this observation is just regarding genuine and neutral projects because bounty programs will not always work for the projects/companies having a shady perception among the people.
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July 12, 2018, 11:24:55 AM
 #57

Promotion is always helpful for a product. Bounty campaign is a form of promotion for ICOs. So obviously bounty campaigns can take that specific project name to many people. So I think bounty campaigns are quite useful to the overall success of icos.

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July 12, 2018, 11:50:59 AM
 #58

For the people campaigning it could be useless, bad/no/low rewards etc.
For the project they are campaigning for it's about the best "free" marketing they can get.
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July 12, 2018, 12:50:56 PM
 #59

The bounty mission is of course helpful to ico!
Through the promotion of the bounty task, people who don't know the project will have an understanding of the project, and those who don't understand the project will slowly understand the project!
The bounty task is to advertise the ico, any product needs to report the propaganda!
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July 12, 2018, 12:56:12 PM
 #60

The excellent bounty hunter's help for ico is huge!
When they made a video on youtube to introduce people to the ico project, they can clearly understand the ico project through these videos, which has a great impact on the promotion of the project!
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