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Author Topic: Promoters still have a place on crypto world  (Read 289 times)
JeotQ (OP)
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March 24, 2020, 06:31:48 AM
 #1

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

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March 24, 2020, 06:56:24 AM
 #2

to reach to mass, you have to include mass! There's no other way! And that's the main reason why bounty is needed, big time! However, like any other system, bounty model comes with its own flaws, but that is controllable! But the fund raising models are indeed being questioned. ICO is already dead because of the lack of its credibility and IEOs are slowly taking over. The transition will take some more time but eventually it would happen. The scammers will be filtered out from IEOs because they would require extensive government permissions to conduct such crowdfunding activities. But bounty would remain as it is.

But I really don't like the KYC requirement associated with the bounties. People who are willing to share their KYC details to the unknown group of people, they are still participating in these and will continue to do so! But there will always be place for promoters in this field in order to reach the masses.

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March 24, 2020, 07:08:56 AM
 #3

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

Many projects turn away from bounties, because it's being abused and misused.

More than 50% of bounty hunters who use social media as their tool, have accounts created just for that. Meaning they're mostly spam accounts which no one cares about, no one retweets, no one views. And as such is worthless.

I've done an experiment, where a bounty hunter had more than 15k followers on twitter. And when i checked his stats, it was like maybe 20 views of the post and not a single click or retweet.
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March 24, 2020, 07:25:34 AM
 #4

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

Well IEO have thier own way of promotion thats why more of them do not need any bounty campaign. While other's want to also increase more engagement to thier project even they have an IEO.

There are many ways of promotion they just need to see if what of those will help that project to be well known and have more user's participate in thier crowd funding.

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March 24, 2020, 08:05:05 AM
 #5

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

Some projects need bounty hunters to gain attention. This is of course depends on them if they wanted to rely on promoting their project. Likewise, what would be more effective? Putting an ads on cmc and famous sites that promotes crypto or employ hunters to do this for them? The answer is simple, and will depend on their funds. If they choose the advertisement on big platform it will eat a lot of money and therefore they resort to the use of campaign which pays tokens which they arent need to spend any fiat value or major coins to gain marketings.

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March 24, 2020, 08:05:16 AM
 #6

Are there continuous ICO and IEO being funded by people? I thought most people have shied away from these types of projects and mostly, people who have been a part of it and have been scammed (I'm not saying all are scams) won't be investing in it anymore. You answered your question already and for sure bounty hunters spread the word about it no matter how many people are following them. Mostly this happens in social media platforms, etc.

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March 24, 2020, 08:12:34 AM
 #7

More than 50% of bounty hunters who use social media as their tool, have accounts created just for that. Meaning they're mostly spam accounts which no one cares about, no one retweets, no one views. And as such is worthless.
And that just amounts to paying promoters for publicity/awareness and getting none of that, this bounty hunters just want to get paid, even if they find for themselves the scapiest means to not do anything but still get paid they will do that, this act does not encourage projects to still follow this means of promotion as they are paying for nothing.

But the truth remains that no matter what happens the role promoters play in this network will always be needed,  except a project doesn't want to grow, then they can do without promotions, it has its imperfections but it remains perfect for growth.
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March 24, 2020, 08:19:53 AM
 #8

More than 50% of bounty hunters who use social media as their tool, have accounts created just for that. Meaning they're mostly spam accounts which no one cares about, no one retweets, no one views. And as such is worthless.
And that just amounts to paying promoters for publicity/awareness and getting none of that, this bounty hunters just want to get paid, even if they find for themselves the scapiest means to not do anything but still get paid they will do that, this act does not encourage projects to still follow this means of promotion as they are paying for nothing.

But the truth remains that no matter what happens the role promoters play in this network will always be needed,  except a project doesn't want to grow, then they can do without promotions, it has its imperfections but it remains perfect for growth.

Bounty was never meant to be in a way that hunters work on 50+ projects at the same time and spam every channel they can think of. Most of the hunters use the "like for like" pages to gain followers and friends, and this is wrong.

Bounty was meant to work in a way that people who truly believe in the project get a reward for spreading the good word. Not spam
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March 24, 2020, 08:40:31 AM
 #9

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

No project can get to the masses without any bit of promotion. This is the reason why promoters such as Bounty hunters and other promotional tools will highly be sorted out for. The services of a promoter is one that cannot be overemphasized as projects need their brands to be known among the masses, Brands want to create awareness and adoption. Brands want to be popular. Hence it is through promoters that this can be achieved. Take it or leave it, Bounty hunters play another major role for any project.

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March 24, 2020, 08:50:35 AM
 #10

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties
ICO and IEO don't work anymore. If you tune in to the market, you get to notice that investors don't like them anymore. And for the promoters, there will always be a place for them. It can be bounty but I also see that it's getting saturated too but in other sorts of marketing and promotion, they still exist and will have a place if ever a project wants to increase their viewership and targets for specific market and niche.

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March 24, 2020, 09:06:15 AM
 #11

More than 50% of bounty hunters who use social media as their tool, have accounts created just for that. Meaning they're mostly spam accounts which no one cares about, no one retweets, no one views. And as such is worthless.
And that just amounts to paying promoters for publicity/awareness and getting none of that, this bounty hunters just want to get paid, even if they find for themselves the scapiest means to not do anything but still get paid they will do that, this act does not encourage projects to still follow this means of promotion as they are paying for nothing.

But the truth remains that no matter what happens the role promoters play in this network will always be needed,  except a project doesn't want to grow, then they can do without promotions, it has its imperfections but it remains perfect for growth.

Bounty was never meant to be in a way that hunters work on 50+ projects at the same time and spam every channel they can think of. Most of the hunters use the "like for like" pages to gain followers and friends, and this is wrong.

Bounty was meant to work in a way that people who truly believe in the project get a reward for spreading the good word. Not spam

This is why its best to concentrate more on signature, article and youtube promotion than on twitter. Its not even working on telegram because all there is there knew someone is goign to post spam and scams in the groups. Campaigns I think has to include posting original articles in some crypto forums for long term promotion on search engines.

Promoters always have a place in crypto, look at the crypto gambling sites and see how much of them are promoted everywhere.


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March 24, 2020, 09:11:23 AM
 #12



This is why its best to concentrate more on signature, article and youtube promotion than on twitter. Its not even working on telegram because all there is there knew someone is goign to post spam and scams in the groups. Campaigns I think has to include posting original articles in some crypto forums for long term promotion on search engines.

Promoters always have a place in crypto, look at the crypto gambling sites and see how much of them are promoted everywhere.



IMHO, Article campaigns and Videos are best value bounties.
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March 24, 2020, 09:24:17 AM
 #13

bounty hunters have been in the system right from time. Had it been they are not relevant, there would not have been anything of such again. In fact, just as we have seen ICO disappeared, the bounty would have also followed suit. Bounty hunters bring huge benefit to the community of every project.
Well, for those who see bounty hunters as not impacting or having some demerits on projects, I believe they have not looked deeply on what could be the major problem.
We have seen a lot of projects increased in value, despite paying bounty hunters. If a project is good and it has a good team, there is no way it can be negatively affected.
I think they should go back to the drawing board and check themselves well. The problem should be from.
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March 24, 2020, 09:42:45 AM
 #14

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties

Some of them thinks like it is just waste of money.
But why do it? Then just stop offering something and do it yourself.

True. It is a big push for them but they don't want to giving a lot for this hunters.
We are not just some lazy dude out there. We worked for it so the payment should just be as equal as it is.
Still, it is our choice. We risked it so better swallow the truth if the project fails. Which could also mean we also failed as bounty hunters for not pulling out new investors.

Scams is another thing to talk about.

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March 24, 2020, 09:44:25 AM
 #15

Most IEOs on big exchanges dont believe they need need bounty because the fame, they beleive they are big enough to sell off any project even at a reduced price. THough at some in past year we saw some binance IEOs run bounty campaign but halted when they got this approval. I guess its against binance protocol of raising fund, actually it got bounty hunters a better reward. Every idea in a bear market sometimes look unproductive because of the sentiment among investors but could turn out good in the bull market. The recent idea of staggered bounty reward distribution is also to generate a steady volume trade that could look attractive to investors but it has not been the case even with the low reward allocated for bounty.
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March 24, 2020, 09:49:36 AM
 #16

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties
They need the promoters when they are thinking if they need massive adoption and as the bounty hunters and we are having very difficult time for them all. After they have already reached a lot of funds for their projects and they are forgetting us, maybe i can say there are so many of the IEOs or ICOs were taking the advantage from the hunters but too much scammers and we must be a smart hunters to avoid promote the scam project.

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March 24, 2020, 09:59:22 AM
 #17

as far as I know, the bounty hunter has a very important role in the success of a project. Well, ICO and IEO are not enough. however, we need advertisers who can at the same time explain the product, and review it. besides, the bounty hunter is also someone who uses the token. Well, maybe there are other types of advertising, but spreading it from person to person would be better to use bounty hunter. This also helps increase the use of the token in question.

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Kunnu
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March 24, 2020, 10:09:11 AM
 #18

An effective and massive promotion is much necessary for any project and I think these days almost mostly project owners think that bounty is very effective and cheapest way to promote the project that's why it has became a trend from the last couple of years but these days spammers are taking this advantage on a negative way which is not a good sign for dedicated and creative bounty participants.
masterrex
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March 24, 2020, 10:13:21 AM
 #19

ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties
I think bounty and airdrops hunters has also an important role in any project, the first thing those social media pages needs followers like in Twitter, Facebook, Reddit, Linkedin, Telegram without bounty and Airdrop hunters those pages is empty and thats a fact. the second thing is where you can find any advertising purposes that accepting "worthless tokens" as payment meaning no value because it's not yet listed, except those bounty clients that paid directly in BTC or ETH, any bounty campaigns have no guarantee to earn thats why it's like a gamble to anybody. thats why it is very inappropriate to say that those bounty clients are wasting their funds to pay unproductive bounty campaigns because the truth is they won't pay if those fundraising campaigns in ICO, IEO is unproductive because they won't raise any cents if those campaigns were unproductive. But we can't deny also that some bounty hunters are using the shady method in many bounty campaigns.
trauchot
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March 24, 2020, 10:13:42 AM
 #20

Recently, less cryptocurrency companies are trying to promote their projects with the help of the bounty due to various reasons, and one of them of course is that the bounty sphere almost does not bring the desired result, and therefore, soon the bounty sphere will probably be gone.
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