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Author Topic: How useful is bounty programs to the overall success of icos?  (Read 848 times)
idiotwo
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July 28, 2018, 08:18:19 AM
 #241

The role of bounty programs are promote the sale of projects, so that more and more people will notice the currency through bounty program, and then have more and more potential customers. Although some bounty hunter dump the bounty reward coin in a low price when it hits exchange, this has a little impact on the price of the currency. But in general, I think the advantages outweigh the disadvantages.
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Ezenwanyi
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July 28, 2018, 08:57:06 AM
 #242

The role of bounties to the over all success of ICO projects can not be over emphasize.
Bounties can be likened to ads , so hunters help in creating awareness of icos through their works.

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Crystal24
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July 28, 2018, 09:13:17 AM
 #243

When you take away bounty campaign from most project icos, the icos will die a good death.

Bounty campaigns helps in advertising and creating awareness of these icos , thereby bringing in good investors.
So its very important to the success of any ICO project.
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July 31, 2018, 08:02:49 AM
 #244

Is bounty programs impacting negatively or positively to the success of icos?
Bounty campaign is a useful tool for an ICO to advertise the project. It helps an ICO attract investors in a positive way and it helps for ICOs success.
The future success of most blockchain projects rests in the hands of one important event, the ICO. Launching the perfect ICO allows to startups to raise money and increase awareness surrounding their projects, whereas a lackluster launch has the power to completely zap any momentum their startup had already built up for this reason developing a rock solid ICO marketing strategy is one important steps can take towards ensuring their future success and one way to do that is through bounty programs. 
Bounty campaigns and the signature campaigns are not only a very good source of information and that these campaigns increase the level of awareness amongst the people but it is also helping a majority of the population in making of some huge amount of money as well and that too without asking them to invest anything. These campaigns carry most significant importance.
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July 31, 2018, 09:22:38 AM
 #245

Bounty programs can be benefit for every start-up projects and also contribute to its success. It is essential for a project to launch such programs to gain popularity and let the people know what the project is all about, but sometimes can impact negatively specially when the project is scam and fraudulent that's why every bounty hunter should be aware of their responsibilities as much as possible avoid projects that are shady and trash.
Bonuses are an issue that most people are concerned about because their mentality is to be donated to have money. Simplifying the problem when the project is about to come out, encourages investors to make bonuses fun. It also means that everyone wants to be rewarded and hope to have the opportunity to increase profits. At that time, investors started to accelerate the project.
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July 31, 2018, 10:45:12 AM
 #246

This is like low budget promotion directly to the right market by the cryptocurrency enthusiast who also a promising investors.  So I think this is very useful to the overall success of ICOs.

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MirzaofDaska
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July 31, 2018, 10:55:07 AM
 #247

Bounty Campaigns have become one of the most important marketing tools in the ICO market. However, the increasingly non-transparent communication practices of many ICOs is not only misleading investors, it is also threatening to damage the entire crypto ecosystem. Crypto startups must finally learn how to communicate honestly in order to guarantee long-term success.
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July 31, 2018, 11:03:13 AM
 #248

most of the money that fill the icos soft/hardcaps are coming from previous crypto achievements so the bigger the comunity advertising an ico the more important a project seems to be. and it also helps with descentralization because the number of token holders is going bigger with bounty hunters. what they decide to do with it is irrelevant.

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July 31, 2018, 11:05:06 AM
 #249

let’s say I plan on purchasing a new vehicle and am wavering between two models by different manufacturers. While leafing through the newspaper over breakfast on Sunday morning I see a test report on exactly these two vehicle models. The report suggests that model A is significantly better than model B and lists various facts to explain why. This report might influence my purchasing decision, the result being that I head to an auto dealership the next day to buy model A. So far so good. But what if this test report was not an independent journalistic article? Instead, the manufacturer of model A had paid for this positive test report. Furthermore, what if this was not mentioned, or if the facts cited were perhaps inaccurate? It would be an obvious scandal, which would draw the attention of consumer protection.
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July 31, 2018, 01:12:27 PM
 #250

This is like low budget promotion directly to the right market by the cryptocurrency enthusiast who also a promising investors.  So I think this is very useful to the overall success of ICOs.

Probably it will because if the ICO's will always be promoting then many investors came to really see if this ICO's are in good products that investing on it will surely bring great helps to the community in terms of improving lives financially. So bounty programs will be the bread and butter for the overall success of the ICO's.

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dublados
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July 31, 2018, 02:43:12 PM
 #251

Abundance battles produce commercial and advancement for an ICO an abundance crusade can help draw in financial specialists for an ICO. There are numerous abundance battles done here in this discussion in light of the fact that huge numbers of the clients here are vigilant for potential ICOs to contribute to. Likewise, since abundance battles achieve Facebook, Twitter and different types of web based life, this can make an ICO more prevalent.
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July 31, 2018, 02:52:54 PM
 #252

I think about 90% of ICO's success relies on bounty programs because it is the very most effective way of putting the project's vision and mission in public. With different platforms and medium used online, it's enough to spread it and attract investors worldwide.

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July 31, 2018, 03:05:39 PM
 #253

Bounty programs are useful because they help to advertise and build communities for ICOs. They help people to earn altcoins via social media and help the ICO managers to gain awareness and investors for their coin using allocated coins from the premine.

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BartS
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July 31, 2018, 09:16:31 PM
 #254

To my mind, it is unlikely to contribute to the overall success as bounty campaigns can contribute only to a certain ico project, however, i can be mistaken because i have taken part only twice
Bounty campaigns are critical to the success of a project but the campaign can also lead to its downfall, in this forum people are very sensitive to any kind of activity that may indicate the behavior of a scammer, I have seen bounty campaigns trying to change their terms in the middle of the campaign and as you may guess this is very dishonest since most of the time the change favors the devs and not the bounty hunters, and those people receive an immediate neg from a DT2 member and their campaign is ruined, they deserve it of course, but the campaign now will go against them since their participants a now are going to recommend to everyone to not participate in the ico.
Amajaa
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July 31, 2018, 10:22:44 PM
 #255

For me as bounty hunter we have big contribution to success of one project or ico for we are the ones that spreading the news thru social media and how many bounty hunters do that so many from different countries..  So i therefore conclude that bounty program have big factor for an ico to be succeed..  Also with the teamwork and being active of dev also.
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July 31, 2018, 10:28:25 PM
 #256

A bounty campaign is a necessary condition for any ICO. If it has passed successfully guarantees it does not, but its absence almost certainly means failure. In any case, the community plays a big role in crypto, and the bounty campaign is the most effective way to create it
andrei56
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August 01, 2018, 02:58:22 AM
 #257

Is bounty programs impacting negatively or positively to the success of icos?
Without bounties icos will not get the desired exposure and they will have to rely in paid channels that do not have the amount of people interested in cryptocurrencies to justify the expense, this is why any project that wants to have any chance needs to create a bounty campaign to let the people of the community to know that they exist and if they have a good idea then they could receive a lot of funding to make their idea a reality.
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August 01, 2018, 04:11:47 AM
 #258

I think bounty program is very good to have its ico because with the bounty program ico it has a very good marketing strategy means it will be very fast spread of information ico, and in my opinion with bounty campaign it can make ico is very successful.
steveabrahams
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August 06, 2018, 01:57:18 PM
 #259

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

I can't say the impact is 100% big but i think the impact is positive to the success of ICOs. The thing is, the project owner/dev don't need to spend their money to the bounty, just offer the tokens 1-2% from the total tokens to bounty. So yeah bounty programs is useful and worth it.
worle1bm
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August 06, 2018, 03:04:01 PM
 #260

Is bounty programs impacting negatively or positively to the success of icos?
Yes ofcourse its useful for ICO as bounty programme is a paid form of large scale promotion globally on social platforms like facebook,twitter.Bounty participants are paid tokens or coins of the project for doing work like promoting the project in a very enthusiastic manner that people get convinced and invest in that project. Many ICO reach their hard cap within days due to it.They distribute a minor share to bounty hunters and raise millions by themselves so its really positive and useful.
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