Crypto-marketing died because of Bounties

[bobthegrownup]

So it looks like almost all crypto marketing services in the BTT world are Bounty focused.

Community Management is pretty worthless without a community -- and not many are really running a successful community growth operation without a Bounty.

Now - investors are starting to share that they will NOT get involved in ICOs or projects that are using bounties as a means of community growth because it almost always leads to a heavy southeast asia group that has no intentions of buying and looking to dump the airdrop/bounty coins at the first second they get.

The more established crypto marketing groups are still only offering PR services at ridiculously high prices, along with their "miracle growth" processes for 100k telegram users in 3 days. And people swear its organic. LOL

Where are the other options? Why dont we see better/more affordable email campaigns? 

I feel like the bounty way of working has stolen a lot of innovation and substituted rocket growth for organic growth

My group succeeds because we specifically DONT focus on bounties as a growth strategy.

We need to collectively focus on quality and education marketing or the entire industry will continue to have this negative stigma associated with get-rich-quick schemes

[Thanasis]

Most of the people using this form for making money not for educational purpose that is why lot of account farmers are using their altaccounts in the bounties and making lot of money without any knowledge about the cryptos or the ICOs.But after the implementation of merit system there look some improvement but also all the managers too to be more selective about their participants and never encourage spams.

[hidrocop]

people only use reward systems to make money, in fact, the purpose should be to add additional income to the traders and holders. Self-confident ICO projects do not already implement the bounty system. Example Tezos, Wanchain

[terrific]

This forum is the number 1 crypto related forum so that's normal that every marketing is focusing here.
And if investors are thinking and decided not to take part of any ICO that has bounty, its their verdict.
No one forces them to invest and its their money.

[Bunsomjelican]

As far as I can see and my idea about it, because of bounties lot of crypto's appeared more likely in this type of business. Literally, and honestly speaking bounty really gives opportunity for us ton earn here were most of the community became successful here in terms of financial problems , meaning it is not only designed to educate people to understand what bounties is, but of course for us to know the usages of each altcoins too.

[slaman29]

You could call it bounties or whatever name, but don't be mistaken. Bounties did not equal crypto marketing at all, and crypto marketing has definitely not died.

Agree with some of your points, but I feel you might be wrong because of what you said about southeast asians. I live there but am not from there, so it isn't a personal offence to me, but you discredit yourself and the community by being disrespectful.

southeast asians contributed just as other people do, it shouldn't matter if a lot of them are also doing bounties. Bitcoin adoption? Crypto use? ICO startups? Research? Southeast asia is high in that list.

[arpon11]

So it looks like almost all crypto marketing services in the BTT world are Bounty focused.

Community Management is pretty worthless without a community -- and not many are really running a successful community growth operation without a Bounty.

Now - investors are starting to share that they will NOT get involved in ICOs or projects that are using bounties as a means of community growth because it almost always leads to a heavy southeast asia group that has no intentions of buying and looking to dump the airdrop/bounty coins at the first second they get.

The more established crypto marketing groups are still only offering PR services at ridiculously high prices, along with their "miracle growth" processes for 100k telegram users in 3 days. And people swear its organic. LOL

Where are the other options? Why dont we see better/more affordable email campaigns? 

I feel like the bounty way of working has stolen a lot of innovation and substituted rocket growth for organic growth

My group succeeds because we specifically DONT focus on bounties as a growth strategy.

We need to collectively focus on quality and education marketing or the entire industry will continue to have this negative stigma associated with get-rich-quick schemes

I think you are trying to make a point and of a truth, bounty is not promoting project as it ought to be as many of the participants always dumped at the exchange and create in the mind of traders bad sign that the projects is not worth investing. Email marketing also have it own advantage and disadvantages in promoting cryptocurrency.  We are at the time when the two can go hand in hand and I think the best way to still reach cryptocurrency investors still remains through bounty. 

[pranazzs]

Maybe the solution is KYC and participants are limited!
Bounty tokens must be given 3 months after the token listing is in exchange or more. Or locked tokens for bounty hunters.
One year ago I first joined the bounty, the bounty hunters were still serious about their work.
different from now, they are working on bounties not in accordance with the rules.

[joniboini]

Maybe the solution is KYC and participants are limited!
Bounty tokens must be given 3 months after the token listing is in exchange or more. Or locked tokens for bounty hunters.

The reason for the dump is not always bounty hunter. Don't forget that some ICO provides a crazy bonus for the early investor without any lockup, and that's probably the reason why we see the dump. A better deal would be to lock pre-sale and bounty tokens/coins for several months after the listing.

[pinoyden]

 I totally agree on what the op have stated ,  services section of this forum have been killed by bounties ( ico ) because almost all of the camapigns right  now are held on bounty altcoin section and they were now paying in alts/tokens  .

That is bad because they are paying for a longer time and what if they are scam ? Our efforts are only wasted on promoting their scammy projects .

We want some new rules to implement on this forum and that is to have an equallity  in terms of running a bounty ,  they have should be paying in btc/eth and to be held on services section of this forum . so that good old members can also have the oppurtunity to earn a legit crypto .

[stomachgrowls]

Theres actually a racism part yet it do generalized southeast asian participants. I dont know whats the criteria on why they would took all the blame.
Bounties is already a part of the traditional marketing strategy and success of certain project doesnt really depend on how its being marketed but also with its potential.

Maybe the solution is KYC and participants are limited!
Bounty tokens must be given 3 months after the token listing is in exchange or more. Or locked tokens for bounty hunters.

The reason for the dump is not always bounty hunter. Don't forget that some ICO provides a crazy bonus for the early investor without any lockup, and that's probably the reason why we see the dump. A better deal would be to lock pre-sale and bounty tokens/coins for several months after the listing.

You got the point. Most people do really blame off bounty participants when it comes to dumping of prices without even thinking that the ones
who do play a major role with these events are those people who had invested itself. Secure out profits ASAP no matter what.

[elitemobb]

I would not agree with this opinion, the bounty of the company is a whole marketing company with the help of which the project attracts large investments, as well as a large number of users of the platform, and about investors this is all nonsense

[CPN99]

So it looks like almost all crypto marketing services in the BTT world are Bounty focused.

The bounty as a concept is not a problem, it is a innovative way to promote your project, the problem is that most of projects management is too stupid or dont care about their token price, they do not understand simple things as LOCK BOUNTY tokens at least for a while after entering exchange.

Yes, this is true. I agree with you. not all of these errors are delegated to the bounty hunter. Parties from project owners should also make various efforts so that bounty hunters cannot sell instantly so that it can cause prices to fall, one of which you suggest, which is locking the bounty token.

[Vness10]

I think it's not the fault of bounty why crypto marketing died. Actually bounties is the way to make the project promote and to get the attention of investors.  Because if there's no bounty I think no one can know the every project in crypto.

[arpon11]

Bounty is very important in the live of any projects and we should not expect any projects to succeed in this current state of blockchain technology without been promoted here. The infect of bounty campaign is not only during the icos but it cut across the history of that particular project.  Bounties hunters are always gotten the negative side of any projects and that is why we have not taking time to analyze how important bounties is in promotions of any projects.  2 % cannot be reason why blockchain technology or cryptocurrencies market are in bad shape but big investors fight and pull each other projects down should be the reason.

[Muzika]

Maybe the solution is KYC and participants are limited!
Bounty tokens must be given 3 months after the token listing is in exchange or more. Or locked tokens for bounty hunters.

The reason for the dump is not always bounty hunter. Don't forget that some ICO provides a crazy bonus for the early investor without any lockup, and that's probably the reason why we see the dump. A better deal would be to lock pre-sale and bounty tokens/coins for several months after the listing.

the should have a good protection on the true investors not the bounty hunters, because those bounty hunters dont have care on what will be the coin price in the market because whatever the price is they will just sell it. Imagine this how much tokens they provide for the payment for the participants and in the end they will just sell it carelessly.

[boolog]

I do not think the bounties are to blame for the bad crypto market. Bounties have brought a lot of new people to crypto and that is certainly very good. Yes, the scam bounties were bad and have driven people out again, but crypto has benefited from that in generally.

[Mr.grin]

I do not think the bounties are to blame for the bad crypto market. Bounties have brought a lot of new people to crypto and that is certainly very good. Yes, the scam bounties were bad and have driven people out again, but crypto has benefited from that in generally.

I don't think that it died because of a bounty. well, sometimes the number of bounties given is no more than 5%, so I don't think that affects the market if the project is done with a good strategy. however, bounty hunters are always blamed when large-scale sales occur which make a dump price

[slaman29]

I do not think the bounties are to blame for the bad crypto market. Bounties have brought a lot of new people to crypto and that is certainly very good. Yes, the scam bounties were bad and have driven people out again, but crypto has benefited from that in generally.

I don't think that it died because of a bounty. well, sometimes the number of bounties given is no more than 5%, so I don't think that affects the market if the project is done with a good strategy. however, bounty hunters are always blamed when large-scale sales occur which make a dump price

I've said my thoughts above already, but I'll add that yes, there's always going to be something or someone to blame for something. At the other hand, bounties were also credited a lot during or leading up to the bull run. Influencers were therefore paid much more, translation and all other small low-skill bounties were also demanding high payments. People didn't care and paid up because everyone was swimming in cash.

I suppose poor bounty people are easy victims. Mainly because people are slightly looking down on them as posts above reference even race and income level.

[elitemobb]

I would not agree with your opinion, because I do not think that bounty companies have a negative impact on the project’s marketing campaign, on the contrary, they will popularize the project as a whole using their own tools