odukoyaewatomi27 (OP)
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March 25, 2020, 08:40:57 PM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
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ampere
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March 25, 2020, 10:38:55 PM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
Your words are true to certain extents. Bounty campaigns thus help to spread information about projects on this forum (most importantly) and likewise social media campaigns If no projects get investors from this forum, social media or even in YouTube, then perhaps their product is not one that needs investors
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poodle63
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March 25, 2020, 10:54:17 PM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
That's true and more event and network means more chance to create a partnership that will also help the project to attract more people from another community too. That's why when the bounty campaign must be combined with another kind of marketing. As far as i know, if that will increase the chance to attract a lot of people from the various platform.
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Perfect35
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March 25, 2020, 11:26:25 PM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
I hope you also know that bounty hunters in one way or the other, become investors. Yes, they may not invest during fundraising, whereas some do. They also invest after listing exchange. Meanwhile, some of those that know how to trade, go ahead to trade and within a short period of time, they make their profits. Yes, other measures are needed and are very important.
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adzino
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March 25, 2020, 11:46:26 PM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
True. Only bounty programs aren't enough to get investors attraction. To be honest, most of the bounty hunters do their job for the "money". They don't do it for the project. So it badly impacts the reputation of the project. Look at all those spams on different forums, twitters and groups. Do you really think these spams actually attract investors attention? Nope. They instead ignore those posts at all cost.
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Rengga Jati
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March 25, 2020, 11:52:32 PM |
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So far, I never see a project promoting theirs only from the bounty program. It is very risky and not really influencing. Yeah, I agree with you. The bounty may help spread the news about a new project, spreading the information, and also getting more community members, especially on their social media channels. There may be a chance for the new projects to gain new investors, but of course, it will depend on what kind of bounty it is. They may be more attracted to see the bounty participated by some popular members, with exact payment, interested advertisement.
However, I am sure that every project only uses the bounty as one of the media of promotion. They always have other ways to spread their new projects. It can be from airdrop (that is almost similar to the bounty, advertisement in some media, YouTube, and others, conducting the offline meetings in some influencing countries, and more others.
But, aside from how the promotion, the thing that is also important is the readiness of the project itself that ensures the people to invest in the project.
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joshua123
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March 26, 2020, 02:52:29 AM |
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the main investment and funds is brought in by the team's marketing and closing ability.
What if the marketing of the team totally relied on bounty? Then suddenly the project has gain all necessary funds needed for development, what will you called that? Good team of hunters? Its just depend also on how the bounty being handled. Some campaign manager are good to set their campaigns and even using alone hunter expertise on promotions they can see to it the quality of good marketing approach. But of course not all have the talents to lay out a good marketing but those who have experience only.
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whtchocla7e
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March 26, 2020, 03:16:31 AM |
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Although it may not determine all the success of a project, it does not cost a fee. Bounty hunters are a great free marketing tool for startup projects. They issue their own token and send it to the bounty hunters as a reward for them. Projects not only release bounty programs, meetup events, amas are being expanded and are working well.
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inanilujimi
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March 26, 2020, 03:27:49 AM |
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sometimes the bounty hunter can also become an investor in the project he is working on, but very few people are like this, however, I agree with you that the team must cooperate with well-known companies and hold a seminar on ongoing projects, because if only with social media investor interest will not arise if it is not accompanied by reality on the ground.
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libert19
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March 26, 2020, 04:11:11 AM |
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I feel the only worthy bounty that helps project is content creation, other than that everything else is just 0 worth.
Also, BMs should have strict guidelines and only accept worthy content. Many just copy paste from wp and what not.
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TheUltraElite
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March 26, 2020, 04:15:36 AM |
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Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability. Thats the thing. The project developers fail to deliver anything within stipulated time and thus the hype drops off pretty soon. If there is nothing being developed there will be nobody buying the tokens because nobody hopes it to go up. Investors look for that only. Bounty is not the point here. Bounty is supposed to be a rewarding system for the ones who try to promote the project but if there is no demand for the product even a high value bounty is actually useless after an initial run.
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umbara ardian
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March 26, 2020, 04:42:58 AM |
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Bounty only makes the project popular and creates a large community supporting the project. If you think that bounty will attract investors, it is a wrong thought, there is no investor interested in bounty projects. They are only interested in large projects that are IEO at the top exchanges in this market
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mahilchii
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March 26, 2020, 04:47:30 AM |
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Bounty Hunters in other form do their best marketing to promote the token. There are hundreds of bounty programs and if you navigate properly then you will find many genuine programs, also there are some garbage projects as well. Please do not accept any bounties without looking into the project, because there are lot of scammers where they won't pay you even a single penny once their project is done...be careful...
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Kupid002
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March 26, 2020, 04:56:39 AM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
There are many ways to be added if your project want to get the full potential , they should also make a bannerads from every other cryptowebsite like cmc etherscan this forum and other popular crypto channel or websites . They can even hired a crypto influencer to get more engagement.
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killerfrost
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March 26, 2020, 05:03:03 AM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
There are many ways to be added if your project want to get the full potential , they should also make a bannerads from every other cryptowebsite like cmc etherscan this forum and other popular crypto channel or websites . They can even hired a crypto influencer to get more engagement. That's the way it was a few years ago, many projects hired celebrities to promote their projects. And most of those projects are scams, now the best way for new projects to succeed is to implement IEO at large exchanges. It is best to use some money to implement IEO, it will make the project easier to succeed
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Reid
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March 26, 2020, 05:19:14 AM |
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I disagree at some point of your statements.
Bounties does help here in this forum. You will just never know who is the buyer inside or outside here. Not all users here are just looking for work, others are really buying. Remember that. Other bounty hunter also fall in love with what they support. Trust me, I use to buy ICO tokens before while supporting them.
Now in social media. Facebook, Twitter or Instagram. Those kind of platforms have buyers also so it ain't a waste. Actually, they might even find a large investor out there. So you extend all the possibilities for a buyer as much as you could.
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minairia3
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March 26, 2020, 05:25:44 AM |
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It did work for other projects. I wonder why my current signature campaign still running with a huge giveaway per week to dozen of participants. Means it is working as good promotion for their project. Its simply like that, if the bounty campaign is working then there is a good result on the project standing and if not, surely a project will stop or halt the campaign. On the clear side, social media is a powerful marketing strategy, we know people are hook with it. Thats why any promotion seen on these major olatform such as twitter or facebook can make relevance on some readers and some got interested.
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daglordjames
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March 26, 2020, 05:38:33 AM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
you're right we bounty hunters helps them to promote their project by joining what campaign we join in.
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pakhitheboss
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March 26, 2020, 06:07:16 AM |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
Actually I think bounties now days are a waste for both hunters and startup. Social media bounties do not add any value to the project. Content bounty are enough to create hype and buzz. Signature bounties are the best way to market your projects as most investors are present on BTT. Hunters on the other hand are not getting paid well and sometimes not getting paid at all.
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Akiko
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March 26, 2020, 06:25:20 AM |
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It did work for other projects. I wonder why my current signature campaign still running with a huge giveaway per week to dozen of participants. Means it is working as good promotion for their project. Its simply like that, if the bounty campaign is working then there is a good result on the project standing and if not, surely a project will stop or halt the campaign. On the clear side, social media is a powerful marketing strategy, we know people are hook with it. Thats why any promotion seen on these major olatform such as twitter or facebook can make relevance on some readers and some got interested.
OP only says that bounty alone is not enough if you really want to make a successful project you should always prepared to use money for other advertisement that can help your project to attract new investors thats not only came here. Those social media platform that its need to tweet or share can only be seen by other bounty hunters also since more of them are just following each other.
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