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Author Topic: 10% ETH Bounty  (Read 245 times)
virtualinvestor770
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September 13, 2018, 06:44:05 PM
 #1

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
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September 13, 2018, 06:57:10 PM
 #2

I don't think that will be the most effective way to run an ICO. When dealing with token economics and funding, you really should get consulting. This is a huge problem ICO's are having, they are pretty bad projects, to begin with, but it makes it 100x worse when they don't have good management skills with the money they receive in funding.

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September 13, 2018, 07:06:44 PM
 #3

I don't think that will be the most effective way to run an ICO. When dealing with token economics and funding, you really should get consulting. This is a huge problem ICO's are having, they are pretty bad projects, to begin with, but it makes it 100x worse when they don't have good management skills with the money they receive in funding.
Do you think what Digitex did wasn't the most effective way? They seemed to have had a successful ICO. This is defintely not a bad project.
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September 13, 2018, 07:11:04 PM
 #4

I don't think that will be the most effective way to run an ICO. When dealing with token economics and funding, you really should get consulting. This is a huge problem ICO's are having, they are pretty bad projects, to begin with, but it makes it 100x worse when they don't have good management skills with the money they receive in funding.
Do you think what Digitex did wasn't the most effective way? They seemed to have had a successful ICO. This is defintely not a bad project.

The project isnt listed on any liquid exchange sites from what I can see. I am not saying the method wouldn't "work" but its not always the best idea. I would have to look more into your actual project. There are a lot of different factors in offering the bounty reward you discussed.

virtualinvestor770
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September 13, 2018, 07:12:31 PM
 #5

I don't think that will be the most effective way to run an ICO. When dealing with token economics and funding, you really should get consulting. This is a huge problem ICO's are having, they are pretty bad projects, to begin with, but it makes it 100x worse when they don't have good management skills with the money they receive in funding.
Do you think what Digitex did wasn't the most effective way? They seemed to have had a successful ICO. This is defintely not a bad project.

The project isnt listed on any liquid exchange sites from what I can see. I am not saying the method wouldn't "work" but its not always the best idea. I would have to look more into your actual project. There are a lot of different factors in offering the bounty reward you discussed.
Could you explain some of the factors?
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September 13, 2018, 08:03:52 PM
 #6

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?


There where many projects came in that way but mostly people will called the free giveaway project as scam. So don't go with that idea even you are in legit way.
Run your bounty program with the hands of trusted manager like yahoo or Lauda. You will be get the traffic and investment returns vyou expected.

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virtualinvestor770
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September 13, 2018, 08:11:12 PM
 #7

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?


There where many projects came in that way but mostly people will called the free giveaway project as scam. So don't go with that idea even you are in legit way.
Run your bounty program with the hands of trusted manager like yahoo or Lauda. You will be get the traffic and investment returns vyou expected.
So you're seeing that any bounty paying in ETH will be considered a scam? It's essentiallya referral bonus
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September 13, 2018, 08:24:09 PM
 #8

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
Better to do a bounty campaign which do have lots of different programs rather than on focusing on just referral system.I wont say it isnt effective but you are just limiting out the exposure considering that only a few will spread out that link of yours for the sake of that 10% bonus.It would be ideal to make bounty which you can able to utilize funds when it comes to marketing.


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virtualinvestor770
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September 13, 2018, 08:26:43 PM
 #9

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
Better to do a bounty campaign which do have lots of different programs rather than on focusing on just referral system.I wont say it isnt effective but you are just limiting out the exposure considering that only a few will spread out that link of yours for the sake of that 10% bonus.It would be ideal to make bounty which you can able to utilize funds when it comes to marketing.
I plan on doing multiple bounty campaigns, not just the direct referrals. I actually think that Bounties are a great way to get free marketing that will save a lot of money. Do you think this is a good way to market or do you think the paid marketing approach is better?
olyamart2017
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September 14, 2018, 09:01:35 AM
 #10

no one will pay a fiat. long ago, referral links have been made to attract investors.
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September 14, 2018, 09:10:14 AM
 #11

As far as I know, it's not a good way to get people interested in getting involved in ICOs. But the idea is enough to make sense and also provide enough strategies to count. If you wake up someone gets 10%, of course the amount is very tempting!

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clololck
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September 14, 2018, 09:18:15 AM
 #12

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
I don't think this kind of model is good. If I go to participate in such a project, the purpose of the initial investment has begun to change. My investment is for real projects, not for the commission of a friend.

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September 14, 2018, 09:20:25 AM
 #13

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?

You're going to get a lot of people who exploit this and it will effectively function as a 10% discount for them. I would advise trying to do something a little different, maybe instead of a large percentage go for a fixed amount.

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September 14, 2018, 09:25:52 AM
 #14

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
I don't think this kind of model is good. If I go to participate in such a project, the purpose of the initial investment has begun to change. My investment is for real projects, not for the commission of a friend.

It seems uncomfortable with such a model, it is sometimes mistaken for fraud. Crypto's world investment is not as easy as we thought, as well as investment in the real world, the possibility that is obtained is its authority.

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virtualinvestor770
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September 14, 2018, 11:43:44 AM
 #15

We are planning on offering multiple bounties to include marketing and advertising on facebook, bitcointalk, twitter, telegram, WP transalations, and other social media platforms. These bounties will paid in tokens. The reason for these bounties as this spread the word about our platform. Less than 3% of our total tokens will be used for bounties. The reason we are chosing this route is because it saves thousands of dollars vs paid marketing.

The 10% bounty in ETH will be paid for direct referrals. This will bring in a lot more people as there will be a lot of referrals as people would want a token such as BTC and ETH instead of a platform token.
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September 14, 2018, 11:54:15 AM
 #16

10% is excessive. It would make me think the project has something wrong with it.

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September 14, 2018, 11:56:26 AM
 #17

Even 20% ETH Bounty will not help reach Hard Cap now during this bear market because people don't want to invest in ICO. Wait for new bull run and launch bounty when ICOs will give good ROIs.

virtualinvestor770
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September 14, 2018, 12:48:30 PM
 #18

I think 20% bounty is to high. The goal is to reward members for referring others to the platform. We don't plan on launch the bounty/ICO until the bull run begins. Right now everyone s HODL their crypto.
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September 14, 2018, 01:08:28 PM
 #19

Yeah! To me, 10% is not a bad idea so far its not gonna affect the project. They're some successful ICO that gave out more than 10% you just have to have acquire good management skill and always consult the industry leader to gain more experience.

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September 14, 2018, 01:10:26 PM
 #20

I wasnt to do a 10% ETH Bonus for my Token Sale for direct referral. For example if you refer someone and they contribute 20ETH, you would get 2ETH. Is that a good idea for a bounty than can drive in customers?
i think that bounty campaigns can teach us a lot of things and we should not tefuse them in our lives but be careful with them too

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