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Author Topic: Influence of bounty  (Read 848 times)
dongosquad
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December 22, 2018, 10:28:44 PM
 #41

Well, each developer has their own marketing strategy. Every strategy must have advantages and disadvantages. In cryptocurrency, the important thing is to form a strong community network as the foundation of the project's sustainability. Every developer must understand the situation properly so that they will choose the most appropriate strategy. Bounty campaign is quite good for expanding news through various media. If there is no bounty, it means that developers must look for other ways to promote their projects, pay for advertisements, etc.

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Doovla
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December 22, 2018, 11:10:38 PM
 #42

Of course it matters. Without doubt with that move you are able like user to recognize the potential in fastest way possible from marketing point of view.
Influence is big with social activity ahead for safety of development project. Many project did not make it because of that!
cryptomaster420
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December 22, 2018, 11:13:02 PM
 #43

Does it really matter? Will a project die without a bounty? It is a big fat lie ,many projects/coins never mind releasing bounty program and the coins still exist with good followers and good price ,Sam goes to ICO ,do you believe that a project can survive without ICO? Yes ,many has done that and they are doing better than ICO ones ,even newer projects, influence of a bounty on a project doesn't mean it will be successful ,many has failed already
Well, bounties can't make up for a crappy product, and an absolute top 1% product with a separate means of marketing doesn't need a bounty program.
These are the outliers.
For others, I'm pretty sure that the traffic boost results in positive outcomes.
If I ever decide to make an ICO, I'd definitely use a bounty program.

jumail
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December 22, 2018, 11:14:16 PM
 #44

In my opinion, the Bounty campaign is one of the product marketing strategies to attract investors. In addition to posting advertisements on popular websites, developers can use social media or other communities through bounty campaigns.
CryptoToxicAvenger
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December 22, 2018, 11:39:14 PM
 #45

Yes, there is not always a need to hold a bounty or ICO. The project may have the means to implement, but a small community that agrees to use their product. Or they already have both. In this case, the project could cope without bounty and ICO.
soramon
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December 22, 2018, 11:47:38 PM
 #46

Well i think bounty campaign is a good way to gain investor as much as can. Also it can attract people to join cryptocurrency and will become investor. This is era of social media and its very useful to advertise a prdouct to people.

yesyes18
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December 22, 2018, 11:50:46 PM
 #47

I don't know where your question is directed at (that's after project release or before project start). Well, one big fact we must all know is that every new project will beed some sort of advertisements to get known. So even those projects that necer did bounty campaigns did their own earndrops in another way so as to create publicity in the cryptospace. Otherwise no one will hear of such project.

angelica laura
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December 22, 2018, 11:54:05 PM
 #48

Does it really matter? Will a project die without a bounty? It is a big fat lie ,many projects/coins never mind releasing bounty program and the coins still exist with good followers and good price ,Sam goes to ICO ,do you believe that a project can survive without ICO? Yes ,many has done that and they are doing better than ICO ones ,even newer projects, influence of a bounty on a project doesn't mean it will be successful ,many has failed already
Some projects have indeed succeeded with ICO using bounty services. But there are those who fail because they have to stop in the middle of the road maybe because of lack of promotion or a little bounty fee. Bounty also affects a project because it can help promote their projects and can attract investors faster. Without a bounty, the project will not be known to everyone and they must work hard to promote their projects.

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mariaana
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December 23, 2018, 02:03:56 AM
 #49

Bounty can help contribute to the success of an ICO. It is an advertisement campaign that informs followers that the project exists. It may not assure the campaigns success but does help. Bounty includes many social media platforms like bitcointalk, facebook, twitter, reddit and so many others.
martina14
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December 23, 2018, 02:06:25 AM
 #50

A project will not die without a bounty, it depends on how the marketing will do on this.
Though bounty is not a joke, it is one of the best tool to get investors. powerful more than Mainstream media.
As bounty will reach every single country in this world.

libert19
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December 23, 2018, 02:44:54 AM
 #51

They matter to some extent, they are good to pump up Twitter/Telegram followers in short period of time.

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ansarose1
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December 23, 2018, 02:55:53 AM
 #52

Yes as we can see some projects still stand without bounty campaign attached to it. But bounty is a good way to recognize the project or ico. It can spread its influence and popularity.
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December 23, 2018, 03:06:19 AM
 #53

i agree with your opinion,
indeed the project without a bounty will also have no problems and they will also develop well as long as the team works well.

but in my opinion, without the community bounty a project will not be big and probably not too popular. so bounty is also very helpful for popularizing their projects.

Saisher
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December 23, 2018, 04:04:13 AM
 #54

The one thing that will influence investors to invest to ICO is the platform itself, bounty hunters are here to promote the platform or the project, they are just the bridge, or third party to market the platform, other than that it's still the platform that will make the project or ICO a success.
adrianto1995
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December 23, 2018, 04:48:32 AM
 #55

Does it really matter? Will a project die without a bounty? It is a big fat lie ,many projects/coins never mind releasing bounty program and the coins still exist with good followers and good price ,Sam goes to ICO ,do you believe that a project can survive without ICO? Yes ,many has done that and they are doing better than ICO ones ,even newer projects, influence of a bounty on a project doesn't mean it will be successful ,many has failed already

Many projects still using Bounty service because is a cheap way to promote their project to the people around the world using social media. Sometimes bounty really effective but sometimes nope.

There are several successful projects can reach Hardcap using the bounty service and also there are several projects not using bounty service to promote their project but still success because their team has more funds to promote their project...
diamond_shine1
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December 23, 2018, 04:55:57 AM
 #56

I agree with you..
but the effects of bounty campaigns have a big influence on financing their future work so they need bounty campaigns to promote their coins to investors

Dobby070
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December 23, 2018, 05:10:47 AM
 #57

Does it really matter? Will a project die without a bounty? It is a big fat lie ,many projects/coins never mind releasing bounty program and the coins still exist with good followers and good price ,Sam goes to ICO ,do you believe that a project can survive without ICO? Yes ,many has done that and they are doing better than ICO ones ,even newer projects, influence of a bounty on a project doesn't mean it will be successful ,many has failed already

Basically bounty is the most effective way of spreading a project throughout the world. It is very difficult to advertise worldwide if there is no bounty campaign running. Still bounty hunters are essential so, they should pay a reasonable price to them.

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December 23, 2018, 05:50:43 AM
 #58

If you are asking about the influence of Bounty on a certain project, I will say it really matters but I will not say that all projects need a bounty campaign. I will say that Bounty will be a great help on spreading the good news about a certain project. It is better than releasing a commercial or a multi-million advertisement paid in cash. And all the posts, blogs, and youtube videos are forever there unless the participant decided to delete it. A lifetime advertisement that a paid commercial or a print ad can never give.
Tylev
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December 23, 2018, 06:11:06 AM
 #59

Does it really matter? Will a project die without a bounty? It is a big fat lie ,many projects/coins never mind releasing bounty program and the coins still exist with good followers and good price ,Sam goes to ICO ,do you believe that a project can survive without ICO? Yes ,many has done that and they are doing better than ICO ones ,even newer projects, influence of a bounty on a project doesn't mean it will be successful ,many has failed already
ICOs are held to advertise their project to investors and raise money for it to develop this project. Without ICO and without a bounty program, teams will not receive funding for the development of their project. Of course, occasionally there are cases that ICO is not carried out. This happens when, at the preparatory stage for the ICO, the team finds large private investors who are ready to invest their significant funds and actually finance the project.
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December 23, 2018, 07:29:51 AM
 #60

       Most new projects launched on the crypto market need a bounty campaign, but not all. If the project team is well known and the project is promoted by other groups of people, then there is no need for a bounty campaign. However, the existence of a bounty campaign can help the project become more known on the crypto market.

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