Lantind
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March 24, 2020, 10:15:32 AM |
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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
Bounty on a project is free, because there were also many successful ICO projects without bounty and now there is also a successful IEO project without bounty, meaning that bounty is a policy of the dev in an effort to expand the promotion of the project, so it can be done and it can also not be done, you can prove this by visiting some popular exchanges and several cryptocurrency sites that are already popular, because in the crypto and exchange sites that are already popular there are many new project advertisements that do not have bounties in bitcointalk.
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Greatchu
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March 24, 2020, 10:16:24 AM |
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Upon all of this its painful to see that some new projects just take advantage of bounty hunters without paying them, my advice for new projects is to use high rated exchanges for raising funds, this will not only help the result of the project but will add more value to the project token or coin
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cassavachips
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March 24, 2020, 10:23:48 AM |
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Of course, they will continue to use the services of bounty hunters to promote and get a good community, rather than spending a lot of money just to advertise on famous sites or one famous person, they prefer to open a bounty campaign because in terms of cost it is cheaper.
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DDante
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March 24, 2020, 10:24:59 AM |
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To be honest very few bounty projects get listed on top exchanges this days, very few bounties go to top exchanges maybe because they lack funds but believe bounty hunters can still get the work done, if I have to pass an advice to a developer I will say they should put IEO first, bounty hunters part aren't effective anymore
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ife2020
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March 24, 2020, 11:11:08 AM |
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although not all of IEO cares about bounties
I think i have not seen an ieo that do not care about bounties, why ? Because every project needs good marketing, irrespective of whatever product you have, it won't thrive without marketing. Bounty marketing will come in form of airdrop campaigns, or bounty campaigns and it will continue to remain for a long time. The reward and good projects may be less, but bounty have a permanent place in the crypto world in my opinion.
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Kupid002
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March 24, 2020, 11:15:55 AM |
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To be honest very few bounty projects get listed on top exchanges this days, very few bounties go to top exchanges maybe because they lack funds but believe bounty hunters can still get the work done, if I have to pass an advice to a developer I will say they should put IEO first, bounty hunters part aren't effective anymore
its slows the promotion that bounty hunters have because investors already have idea what bounty hunter's doing. IEO is just alternative to ICO but no guaranteed they can be succesfull if they run it there are many exchange created just to have many project listed to them for IEO. If you want your IEO to be successful you need to list in one of the top exchange like binance.
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soramon
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March 24, 2020, 11:16:21 AM |
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Well if the project want to start maybe they should use the crypto community to advertise it. Bounty hunters is still needed for any ico/ieo project. They can spread the news and advertise the project fast in the community. Not just community but they can attract new investor as well.
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Wildwest
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March 24, 2020, 12:13:07 PM |
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It's true as you say bounty hunters play a role in every project and I think more than the investors but sometimes we feel disappointed with the manager of the ICO project that can not reward those who already work in every day Until the project is finished and even though it does not cost as expected, it may be a problem for now.
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Pamadar
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March 24, 2020, 12:33:29 PM |
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Well if the project want to start maybe they should use the crypto community to advertise it. Bounty hunters is still needed for any ico/ieo project. They can spread the news and advertise the project fast in the community. Not just community but they can attract new investor as well.
That's the sole purpose of bounty hunters they are being hired for the best benefits of the projects, the problem now is that the developers mostly no longer paying or the project itself don't have any value. Even the hunters do their task the expected rewards are not being provided or the value inside exchange is far from their expected value.
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el kaka22
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March 25, 2020, 02:18:30 PM |
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Of course they do, promoters are the back bone of anything that has a sales part. It could be crypto, it could be projects, it could be a product you want to sell, it could be a car, doesn't matter what you are selling, you will always need a promoter.
I have literally seen a dude who had a car sale once with some discounts that wasn't all that big, but he hired 50 people to make a crowd in his shop with some balloons and papers, that caused him to sell 23 cars that day, 23! he made his investment back in x100 folds. So, as you can see as long as there is something to be sold (or investors to be found) there will always be some people who will promote it as well, we will always need them to find the right people. Plus, they do not charge too much neither compared to what they can bring.
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Asuspawer09
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March 25, 2020, 02:33:08 PM |
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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
Bounties or campaign is always a thing here in the forum and in my opinion the campaign could always be effective most of the time as long as the campaign was done the right way. I think the thing here is trust in the ICO and IEO itself I think this times a lot of them do not reach a goal fund for the project just because a lot of people here in the cryptocurrency community is already done trusting a lot of campaign like this and if you are just going to think about it, I think it might be pointless to do a thousand more token in the market because there are already a lot of it in the market and the demand of the community is not enough to buy or invest in all of the tokens in the market making a token ending up to be a dead token in the end. Promoting bounties could always be effective even in different platform and I think it is always successful, even google and youtube are paying for ads because they know that it is powerful.
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minairia3
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March 25, 2020, 02:52:53 PM |
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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.
Surely its an effective only if the project is good. Some developers tend to choose using bounty campaign cause instead they boost the project sometime the project has been put into bad position where hunters are just destroying its reputation. Example of this is twitter campaign, sometime hunters are not so educated about the thing their promoting and put some wrong info about the project resulting to confusion of investors.
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cytpoway121
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March 25, 2020, 08:24:37 PM |
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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
Not only in crypto currency and bounty hunting, but in the whole world. Promoters will always have a place. In the general market, promoters are called marketers, a digital way of promoters is advertising. While in crypto currency, promoters are bounty hunters who market and advertise different projects on social media, and several bitcoin and alts forum that we have around. No matter how huge and rich a project is, it definitely needs bounty hunters to spread the word, no matter how little.
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pgbit
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March 25, 2020, 08:56:25 PM |
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Bounty hunters are passing a rough time, but no one can deny that Bounty is a big part of the crypto world! The signature campaign is a part of bounty too, so, to promote a crypto project, the crypto project needs proper bounty campaign. Though some bounty hunters are abusing the bounty reputation, but yes, promoters still have opportunities in bounty campaigns!
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pixie85
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March 25, 2020, 10:02:15 PM |
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You don't need to run a bounty campaign to promote a project.
You can run an airdrop instead, get some vloggers to talk about you. There are many ways of getting people interested in the product. Some scam coins did not run a bounty campaign and managed to get buyers through other ways like affiliate marketing.
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princerepon
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March 25, 2020, 11:18:18 PM |
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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.
Not surprise. Cause when i started work here as a bounty hunter i did same thing like that. I stopped when i understand actual meaning of spam (when my account was banded for spamming). Now i just try to work with reliable project which have good future in crypto industry and try my best to advertising their product. It's not 50% i guess around 80% of bounty hunters who use social media as their tool. In that case i think other campaigns are much reliable than social media campaign (Signature, YouTube, Referral, Article etc).
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Seth2009
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March 25, 2020, 11:24:01 PM |
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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
Agree bounty hunters are a great help in promoting project campaigns. We are the ones who really exposed the projects throughout social media platform. We also exposing them here in forum wearing their avatars.. A big respect to all bounty hunters even they are not paid sometimes.
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zulfi125
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March 25, 2020, 11:59:16 PM Last edit: March 26, 2020, 12:12:00 AM by zulfi125 |
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The primary purpose of projects to get benefits from bounty hunters to promote their projects without any cost, and they pay nothing in advance to bounty hunters and supporting projects free of charge. You are seeing they don't bother after launched for IEO or listed in exchanges and don't pay to bounty holders or paying in installments, but few projects are paying not all.
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fuer44
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March 26, 2020, 12:41:00 AM |
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Yes, especially when new projects are launched, they certainly don't have investors or at least they need a promoter to promote their projects so that crowdfunding can proceed successfully. because if the team works alone for this, it will be difficult because the team has another responsibility which is to develop the project they are working on. well, here the role of bounty hunters is actually very important, because they promote on various social media like facebook, twitter, instagram, youtube, and of course this bitcointalk forum.
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Lagduf
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March 26, 2020, 03:11:06 AM |
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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
Agree bounty hunters are a great help in promoting project campaigns. We are the ones who really exposed the projects throughout social media platform. We also exposing them here in forum wearing their avatars.. A big respect to all bounty hunters even they are not paid sometimes. I think so and we will always have the place to grow with crypto. There was no reason for us will not get even a place in this community. crypto is still on its early journey and crypto will still need a huge advertisement and as a community that supports crypto and we will always do more and more promotion.
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