Bounty alone is not enough

[Vishnu.Reang]

This is totally correct. Bounty hunters are just one of the means to spread the word. There are a lot more marketing strategies required to attract actual investors. For example, an article is read by thousands of users but the question is how many really invested in the project reading that article?
All marketing plans can reach users/investors but only leads or registrations depend on the product and its niche in the market.

If the promoters are serious enough, then they have a number of options to attract high quality investment. For example,they can conduct a third party audit or promise to keep the funds in escrow. Steps such as these ones are going to attract a lot of investment, especially from the mainstream investors. But many of the projects don't want to go for them, as they want quick cash without much effort.

[kceekcee]

I agree with you, there are several unworthy bounties on the forum, and perhaps as a learner that is why i am restricted to participate in chosen few.
As i learn the way of the forum, and also garner more experience about crypto currency

[moonblocks]

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 a startup should have obtained some initial seed funding to launch the idea before seeking the potential in crowdfunding utilizing cryptocurrencies, but it all depends on the quality of the project and that can't be emphasized enough... quality over quantity

[Denreal]

The fact is that a lot needs to be done, first, on the drawing board of most of these projects. If someone or a team is planning to push out a project, initial or starting fund is very essential.
What actually draws the line between most projects is the fact that some of them have more money to start something meaningful. If you can drive it first with your money, then the community will support. Getting it right at the first stage will minimize the problem that will be encountered in future and that will enable quick solution for such a project.

[mrdeposit]

The fact is that a lot needs to be done, first, on the drawing board of most of these projects. If someone or a team is planning to push out a project, initial or starting fund is very essential.
What actually draws the line between most projects is the fact that some of them have more money to start something meaningful. If you can drive it first with your money, then the community will support. Getting it right at the first stage will minimize the problem that will be encountered in future and that will enable quick solution for such a project.

I agree with your opinion, many bounty hunters join the bounty campaigns for money. Their motivational source is money, of course. Please don't count the useless things such as enthusiasm for the new project. If the project is new and has not been done anything useful for a crypto community who will have enthusiasm for 2 weeks altcoin?

[Hellkas]

I think that crypto projects need to buy advertisement on Youtube and other social media. Nowadays only scam projects buy advert, but good projects don`t do it, I don`t know why they act such way, because bounty is really not enough

[flagpara]

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.

The main purpose could be promoting of bounty campaign. By distribution bounty rewards, projects earned extra person to hold their token, trade their token and sometimes could be investor. If price is below ICO, huge numbers of hunters hold their token. I believe for one successful projects need all types of users.

[pixie85]

I think that crypto projects need to buy advertisement on Youtube and other social media. Nowadays only scam projects buy advert, but good projects don`t do it, I don`t know why they act such way, because bounty is really not enough

So you say projects need to buy yt ads but at the same time say that only scam projects do it. Make up your mind!

There are no better or worse ways of legit advertising. There can be only scam advertising like paying youtubers to lie about you. Bounties are not a bad way to gain visibility especially through translations.

[Santri]

Although the bounty does not attract big investors, at least the bounty has helped to introduce a project among the community and another if the bounty hunter can also become an investor even with only a small fund.

[awik p]

I think that crypto projects need to buy advertisement on Youtube and other social media. Nowadays only scam projects buy advert, but good projects don`t do it, I don`t know why they act such way, because bounty is really not enough

So you say projects need to buy yt ads but at the same time say that only scam projects do it. Make up your mind!

There are no better or worse ways of legit advertising. There can be only scam advertising like paying youtubers to lie about you. Bounties are not a bad way to gain visibility especially through translations.

right, all the way there are certainly risks. but indeed as a community we can use it to promote a project. and actually this is as effective as 2017, where many projects have had success. therefore the situation also supports the success of a project

[bgaf]

Maybe your right but it will depend of course on the strategy of the campaign. Typical bounty launches social media and signature and even youtube and blog campaigns. These are the common grounds of marketing but what if they incorporate a much unique way? I am not saying a different but these ways or method are typical and might not just gonna pulled it off with just a tip of a finger. Well yeah, social media is a good platform for spreading but where is the hub of investors? On twitter? Im not so sure, not all have interest with that. Maybe some campaign should advance to a more sophisticated way oj promotions.

[cahbagus555]

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.

The most effective way to attract investors and make sales quickly and efficiently is to do IEO at large exchangers such as Binance, Okex or Huobi. The IEO sales period at the exchanger only lasted for a short time but sometimes there was no bounty campaign for the project

[shoreno]

Although the bounty does not attract big investors, at least the bounty has helped to introduce a project among the community and another if the bounty hunter can also become an investor even with only a small fund.

yes it happens  . bounty hunters one said that he also invest on the bounties that he promotes especially if he find that bounty really good because there are also good bounties , only rare to find .

bounty is alone is not enough i agree but i think the owner are already aware with it  , that is why many of them also promote on other platforms  or some even promote on a real world which is cool because people see it directly and the explanation or the answer to peoples queries are straight to the point  .

[pandanaran]

yes, as you have explained above, this is quite logical because promoting projects in this forum alone is not enough to attract the attention of investors. one of the best ways is to hold events with people out there so they can attract outside investors. A good project certainly has an experienced team, a complete work map, a real project concept or product, and also how the project advisor performs when offering their project to investors.

[bhabygrim]

This is the difference between fake/scam projects and the legit/true projects,
Most of the fake/scam project only rely on bounty and doesn't have a good marketing strategy while the true project have it all figured out they have everything that is needed to secure their project.

[lienfaye]

This is the difference between fake/scam projects and the legit/true projects,
Most of the fake/scam project only rely on bounty and doesn't have a good marketing strategy while the true project have it all figured out they have everything that is needed to secure their project.

You're right, fake projects are just relying in their bounties to promote and not putting too much effort because they have a motive to runaway  regardless of the number of investors who trust them. The difference between legit and scam is you know the project is worth to invest if the team are doing their best to spread the word of how can their project be useful if people support it.

[Nocrap]

Bounty campaigns are done not just to gather investors but mostly for publicity reasons. It is very important for any project the exposure of their project names by all means especially to social medias and youtube channels.

[Shasha80]

It is true to make successful crypto projects not enough to rely on bounty campaigns, because bounty campaigns only spread information
projects in the cryptocurrency community only. To cover a wider area, we need a professional marketing team that is used to making
a project becomes known to many people. Especially the target is new investors who are outside the cryptocurrency community.

[BaigAuditor]

How do different financial specialists that don't have a record in here would see ventures worth their speculation? Despite the fact that they can visit the gathering secretly and see the mark of the activities and club that they can play, bet, or even contribute at, we can't expect that those marks alone would expand the potential financial specialists that a task can get.

This is the reason a few bounties expand their scope through methods for social medias and articles.

[distr@yopmail.com]

It is true to make successful crypto projects not enough to rely on bounty campaigns, because bounty campaigns only spread information
projects in the cryptocurrency community only. To cover a wider area, we need a professional marketing team that is used to making
a project becomes known to many people. Especially the target is new investors who are outside the cryptocurrency community.

we need to know that now investor interest in new projects has greatly declined. the team must think of strategies other than the bounty campaign to be able to get investors. whereas now there are too many bounty projects with promises of large payments that they always break.