Bounty alone is not enough

[dddudidd]

I agree with you, if you only expect bounty I think all projects will fail.  But all projects should respect the Bounty Hunter community, because many previous projects were successful because of the community

[1715446601]

1715446601

[toast]

The Project doing bounty campaign because it only pay small money.
Often, the project is choose to pay with their token than pay the professional advertisers with huge money.

I think that a successful project can reach everything, whether it's giving a gift, or working with another project. because the project needs to run well so that in the future it can survive and attract many people.

[Tapyaks72]

If at least any company thinks that with the help of bounty aunters they can attract a huge number of investors, then there are no words about those who are in the teams of such companies, because they need to use professional services to promote their companies at a different level than the bounty companies.

Imagine that you would start a new project. I don’t think that at the early beginning you would have a lot of money to implement good marketing, and bounty campaigns allow you to do it without having a lot of money

It's a good  strategy to promote a new project by the use of bounty campaign to catch the attention of the investors, bounty hunter's will surely share interesting stories to promote a project.,because  advertising will need enough resources, while in bounty campaign is just part of the profits, that should allocate.

[ishirut009]

I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

i strongly agree with you. There comes the saying that, "The most adopted outweigh the most fantastic". Just like any other artists, singer or any other companies out there. Marketing is the most important thing here on earth. We all know that you know someone who can make burger tastier and yummier than mc donalds with way cheaper price, but why people still buy mc donalds ? the answer is, it is more known and adopted.

[ElmedoRator]

This is a form of maketing 0$! They create their money promising to pay bounty hunters to help them. This is really good, But not enough! The number of projects is very much, many of which are scam projects, Investors cannot bet their money on bounty hunters

[Kasabus]

The fate of any projects lies in how the team develops their platform and what kind of platform they are offering, even if they do coinmarketcap ads or influencers I don't think it will help get funded if they see that the project will get nowhere so developers are better to offer something huge to the community.

All their efforts and time spend during its creation will just turn into nothing. This is what it happens to some projects, developers never anticipate the possible problems may occurs. It is a market competition where developers must seek into it and find substantial programs that could add attraction to the project otherwise, it will just be overlook by investors.

[GREENch]

Of all the points listed TS the most effective (in my opinion) to attract the target audience will be participation in conferences. The rest of the points either will not give the desired result or will turn out to be useless.

[meleonk]

The author of the topic is right. But in order to attract stars and various famous personalities to the project, you need a lot of money. And many young and beginner projects do not have them. Therefore, the bounty of the company is still a good means of promotion. Especially the signature company, because many cryptoinvestors see it.

[Vishnu.Reang]

I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

The alternatives that you have listed here may be more effective, but they are very expensive as well. The first point you have listed out is to pay the top influencers. Now these guys are not going to accept payments in shitcoin. You need to pay them either in fiat or BTC/ETH. And I am not sure how many of the ICO promoters will be willing to consider that.

[waynechong1995]

There's tons of ways to promote a project, its all about the effectiveness on different trends, i believe bounty and niche side would work as effective as other common means like advertisement, endorsement and such. The value proposition needs to be there on point as many investor have limited knowledge on reading the technical details, they want good words and if project could satisfy these properties, mostly about legals and exchanges to attract investors knowing their funds are safe from the start at least.

[ityandsyn]

I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

       That's true these are not enough to advertise the project , but if the investors will go directly to the thread and asking for help to find new project to invest , I think that's the right time to introduce the project we're going to promote .

[adrianto1995]

Bounty and airdrop are just for attracting awareness to the public and make the project keep popular using social media. Bounty and Airdrop are NOT to gain an investor to invest in the project.
Also, many startup projects always use Bounty and Airdrop to promote their project because they have a limited budget to run their project itself...

[pandanaran]

For hunters it is very dependent on the prize project, the less risk of losing money, but the risk of failure or fraud is very large.
So far, I can assume that gift projects do not function more than a few projects that I follow are vulnerable to fraud and also the price of tokens is difficult to improve, as much as possible we should trade Altcoin because expecting gifts is not enough, we know that because the situation is not so good .

[Vinalians]

Bounty is always effective when you are promoting project but it doesn't mean that you should rely on it if you are the owner. Many of the projects today are just paying for the bounty and they are actually rely on it which is not good for the project. Marketing should be done in different ways. Products and services is also a means of getting customers and investors.
Bounty as the only way of marketing will never be enough.

[minatour]

You are absolutely right besides the bounty, there must also be other ways to promote a project, because I think only a few people really believe in investing on the internet, unless the project offers directly. to convince investors that it is not fraud.

[b1boy]

True and i still don't understand why they think bounty promotion is all they need for the project to succeed, it would even be better if they reduced the bounty pay out and use it to list on bigger exchange or for big advertising on platforms that can reach more people

[Boh manok]

If we measure the size is enough or not, indeed this human is never satisfied with something, but if you have an account that still has a fairly small ranking can be said is not enough to get big results, you better start investing or trading on  some other coins

[clipto]

It poorly depends on a project, because some of them are just launching a token sale, without holding a bounty or an IEO. You need to be able to create enough hype around the project and people will invest in your TGE like insane.

[terencio]

A lot of projects in the past, still succeed without bounties.  Bounties is a great tool to promote the project and to create awareness of the project. However, the team itself has the responsibilities to make the project successful.

[syamster]

your though is very good. Indeed, only bounty is not enough for marketing project.
But, sometimes with bounty it can enough to advertise investors.

It is not only about advertising but it is about earning when you are working only with bounty and signature campaign you will not get enough money live better life so it is good to earn addition income with the help of using bounty and signature campaign it don’t need anything to invest but spend your time only.