Influence of Bounty Participants

[viananda2525]

Bounty hunters help promote projects and by far the most effective way of advertisement for blockchain startups. Unfortunately, some of these projects don't value the work of bounty hunter. In reference to dumping, investor do dump not bounty hunters alone.

dont always blamed bounty hunter as the main factor that make price dumped in market.dont forget with seed contributor that get highest discount in ico , they could sell their bonus to get profit immediately.

[kaito.]

I have questions
1. How influential is this bounty participant for a new project?
2. If the bounty participant is restricted what will affect the success of a new project?

Bounty hunters have a big influence in promoting an ICO project, most investors choose projects that have many people promote it and having many bounty hunter also raise the credibility of an ICO project.
limiting bounty participants won't solve the problem of dumped prices when ICO tokens enter market, limiting participants have a good and bad impacts, if limiting for choosing the quality of participant who promote it than that's good, but if they limit the participants based on who registered first then it just the same, since quality is better than quantity.

[youcansee]

Bounty campaigns are really helpful to promote ICO. This is not good to say that because of bounty people selling price dumps. If project is good then bounty token does not make more effect in dumping because most of time bounty have 1% of total tokens.

I also wonder why dumps on tokens released on the market are always linked to bounty participants, because of the results they get and then sell. while the budget of 1-2% of the total token is a very small amount

[Ambers]

I think that a large number of participants in the bounty makes sense only when the market is in a very active phase. Then the number of people involved in it makes more sense than now when the market is in decline.

[Maamejane]

Well everything comes with it merit and demerit, so there is the need for you to way it before taking bold decision. Although most  of the you raised might be true but ask yourself can the project go on without any bounty participants, and what can the participants bring to the project.

[harapan]

Bounty campaign participants, greatly contribute to the success of a project.
spread ICO information through social media, and attract investors to come.

[mornabo]

The bounty participants have little to do with the project itself. When the ICO project loses too many investors, the bounty hunter is almost impossible to survive. Now the cryptocurrency market downturn has caused many bounty hunters to disappear.

Nope I dont think so, participant bounties certainly have a big influence on the development of the project, without them, who will promote their project in forums, social media and so on? of course if they only rely on their team to promote, the spread will be very lacking #imo

- Indeed, participants in bounty are really human resources for the advertising of the project, with a reasonable reward, they can help the project spread at a dizzying pace, they can even contribute a lot of interesting ideas to build the project, if the project without their appearance, that would be a major omission. However, some of them are factors that make the value of the project decrease when they use the bounty as a tool, search for fraudulent methods to accumulate more rewards, then dumping and ruining the whole project

Thats why their team must be clever in allocating the right funds for bounty, the allocation of tokens should not be too large for participants because the risk is that many of them will dump and destroy their project market, use the right allocation for reward

[karthcrypt]

Bounty hunters influence is big in cryptocurrency.  Do you know more than fifty percent of bounty hunters also invest in the campaign they are involve with?  In reality,  bounty hunters are also an investors,  so project should not mess with them!

[maaldaz]

I think the more bounty participant isn't going to be able to decide if the project is good or not, what bounty participant do is helping the promotion of a project so it will be known by investors. And what decide the success of a project would be the quality of the project itself and the usage of that project in the future.
So the amount of participant can't be used to judge a project will be success or not, even with small participant a project can be success.

[skiorf]

The good and bad of the project are in the team that creates and runs it, both of which must be balanced. Projects that are designed in such a way that if they are not balanced with good performance, they will experience difficulties in running and reaching the targets of their goals. The project will be even better if he gets many sources from many investors. In my opinion, the number of participants who are restricted is also good, so the team can allocate the final results more clearly, both in terms of quantity and quality of tokens.

[yeniruieni]

Indeed this bounty hunter has a very big influence, but it does not always blame the bounty hunter when the price of the ICO coin falls. I see that there are only a few token allocations for hunter prizes in each ICO project. But if ICO participants are restricted, I personally agree because it can increase competition.

[kicauklaten]

the new project will require participants to bounty could make it be great. the more participants will be able to make the project into a huge, but of course, the allocation will become less and less because it shared with the participants. If the project is limited will probably look good but at least it should also be a reasonable limit because if it is too good at all will have no impact on the running of the project.

[patz22]

I agree to most of statements that bounty is very important as this is one way of getting more exposure to this forum which is most investors and known crypto people are in and in social medias which may get investors. And I dont think bounty hunters will create dump since most bounty allocation is like 1-3% of supply which is very small amount.

[torry28]

Bounty hunters influence is big in cryptocurrency.  Do you know more than fifty percent of bounty hunters also invest in the campaign they are involve with?  In reality,  bounty hunters are also an investors,  so project should not mess with them!

Where did you get that information if more than 50% of them are also investor? Afaik most of bounty hunters don't want invest their money because they don't want to risk their money on market like this

[Aldrinx00]

Bounty hunters are very important to a certain project because it is a good source of marketing and this will likely attract investors and make the project successful. On the other hand the more bounty participants the lesser the bounty payment would be.

[Olalomi]

Bounty participants ensured wide coverage, promotion and marketing of ICOs thus there influence cannot be overemphasized this had been producing result that is why considerable percentage of tokens is allocated to bounties with the help of this forum, social media, blogging and YouTube .

[adterna]

Indeed, the number of bounty participants participating in the campaign can affect the price of an ICO, and the number of participants after getting the results of the bounty they throw it in the exchange, and as a result the price of the ICO goes down, if I'm personally better than the results of our bounty trade and maximize profits.

[chipzeru]

Bounty participants play a big role in ICO's marketing. If there's no bounty program, the ICO won't get published well. Limiting the bounty participant's number will have no effect on avoiding the dumper as bounty reward is fixed but i agree to limit the participants in order to get decent reward for each participant.

[bellaayu]

Many new ICO has been released and it has become commonplace for a bounty hunter to join. And this bounty hunter can certainly influence the success of the ICO. With them campaigning through social media or signature campaigns. With that promotion will help get investors.

[Krassows]

Of course the bounty participants have an important influence on the success of a project, because the task of a participant is to promote an ongoing project and of course this also affects investors who will join in a particular project