Bounty alone is not enough

[Free1bitco.in]

now, I began to feel it, that bounty alone is not enough to meet our needs. we know that most likely, bounties pay a little longer, and most of the time span is 3 months, and that's also not very clear. however, to meet our daily needs, I think we need another job, whether it's trading, or finding a job.

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[MUG1WARA]

now, I began to feel it, that bounty alone is not enough to meet our needs. we know that most likely, bounties pay a little longer, and most of the time span is 3 months, and that's also not very clear. however, to meet our daily needs, I think we need another job, whether it's trading, or finding a job.

What are you talking about? This is not discussing bounty payment as our daily needs, but it is about promoting a project that is not enough if only doing bounty

[pikkie]

now, I began to feel it, that bounty alone is not enough to meet our needs. we know that most likely, bounties pay a little longer, and most of the time span is 3 months, and that's also not very clear. however, to meet our daily needs, I think we need another job, whether it's trading, or finding a job.

of course you have to need work in the real world because at the moment the bounty campaign is not very profitable, maybe if in 2017 you can count on your bounty campaign and can be your economic source but when giving different answers, now it has been shown that the bounty campaign not suitable as the main job but make the bounty campaign as your side job.

[XCANA]

The bounty has been quite unproductive to me as a bounty campaign participants, this ranging from social medias and signature campaign through the bounty. The only one that's more productive for me is the content creations. Though, this has been tough as it takes more time to create but when this is done on a good ground, the rewards are huge and during conversion through exchange more profits can be see. Content and video creation give more reward for bounty.

[mongkie]

off course the market is also changing that is why we need to adapt to way of promoting crypto projects and one way is not enough to saturate such market and audience.

[gaston castano]

in terms of project development, in fact, it is not enough, because there are more important things, like a solid clear team roadmap and the project will really last in the long run.
if you rely solely on promoting prizes to raise funds, a fraud project can do it.

[kotajikikox]

The golden time has pass, we need to face the present while keep the hopes high a new altcoin season will come again.

Don't keep those 'high hopes' remain in you guys.
It should be let it happen if it will and just focus on the things that you do. I don't want to disappoint the others too but you are right, the best time for bounty was done.

you cannot blame them because most of the people Hoping for the altcoin season is those who Holds the coins for long time now.
so it is depend in which person is hoping .
and also disappointment is part of being investors here since the prices are volatile and may change at any time.
But i am sure you as cryptonians also waiting for the time that prices will Go high again like the past halving.

[Davian144]

off course the market is also changing that is why we need to adapt to way of promoting crypto projects and one way is not enough to saturate such market and audience.

Yes, in terms of looking for more profits it is not enough if we only follow the bounty, because now there are many ways that can be taken by someone to get profits, one of them by trading and analyzing market conditions at any time.

[Becky666]

off course the market is also changing that is why we need to adapt to way of promoting crypto projects and one way is not enough to saturate such market and audience.

You're right mate, bounty promotion isn't enough to have gotten the needed announcement of the project to the entire public for investment. With the ICO been conducted with series of projects that has been done before now, there seems to be a link between the ICO and the investors. Many investors sees ICO as a means to scam them from their belongings even the means of IEOs too. This has be more reasons why projects promotion need to be more sincere to the investors than ever to redeemed their image. Personally, am scare of investing in any project promoted through ICO and IEO, I don't want my funds go into tin air without a return.

[tiang_tower]

What are you talking about? This is not discussing bounty payment as our daily needs, but it is about promoting a project that is not enough if only doing bounty

Yes, that's right, if we follow the bounty to meet our daily needs, then obviously we will be overwhelmed because of that, because everyone certainly knows that bounty payments often occur in the long run, so it won't be enough for someone if they only rely on the bounty.

[Lantind]

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

It seems too high if you make a percentage at 80% for a quality project this year, because there are several projects that are running and they all are also not necessarily fully successful in the current conditions.

[Renampun]

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

It seems too high if you make a percentage at 80% for a quality project this year, because there are several projects that are running and they all are also not necessarily fully successful in the current conditions.

80% of the projects this year high quality? I disagree too...
Until April, I have not benefited anything from the bounty, even one of the projects that were said to be the best this year Insure PAUSED their campaign, this plague made investors worry so the certainty of the bounty campaign was decreasing.

[bayudndy]

The golden time has pass, we need to face the present while keep the hopes high a new altcoin season will come again.

Don't keep those 'high hopes' remain in you guys.
It should be let it happen if it will and just focus on the things that you do. I don't want to disappoint the others too but you are right, the best time for bounty was done.

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

I also see a lot of quality projects running bounty this year. But I think it is not up to 80%. Only about 30-40% of current projects are good enough for us to spend time and participate in them

[H1N1]

Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

[fulled]

yes indeed your argument is true, but we know the majority of new projects is lack of fund, that's why they use bounty campaign to promote their project, the bounty is not the most effective method to reach investors, but bounty campaign in many cases is the only method they can afford to promote their project

[casperBGD]

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

It seems too high if you make a percentage at 80% for a quality project this year, because there are several projects that are running and they all are also not necessarily fully successful in the current conditions.

80% of the projects this year high quality? I disagree too...
Until April, I have not benefited anything from the bounty, even one of the projects that were said to be the best this year Insure PAUSED their campaign, this plague made investors worry so the certainty of the bounty campaign was decreasing.

yeah, does not seem that there are quality project, maybe other way around, only 20% are of some quality and it is a question will they survive after initial bounty, because of them except good idea do not have good roadmap which could bring idea to the surface

actually, i have maid an overview of current bounties here
https://bitcointalk.org/index.php?topic=5240466.msg54221003#msg54221003
you can check that out

[SacriFries11]

Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

Sometimes they're lack of real potential in the market like the real deal how their project will be more accurate and solve the issues of the problems in the market. They must learn the mistakes of the previous projects that already failed like listing partnership in unreliable exchange and lack of awareness in promoting in various crypto sites and media. I think now crypto project must have much backup money before they start in the industry. They must survive in every hard drop in the market.

[Eclipse26]

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

And we cannot deny that bounty campaigns is a huge part of the project as a whole, because most of the projects are crypto-based, therefore, their target group of people are those inclined with this industry. And the team's marketing strategy is no longer surprising through bounty projects it is like rooting for the core people needed for a subject matter.
The goal, I think, of bounty projects is to promote the existence of a project itself. Participants of a project may not directly promoting the project but it still spreads awareness. It is indeed true that the long term run of a project depends on the team's effort regarding with their plan, not including means of promotion thru bounty campaigns, but it is also true that bounty projects are part of that 'effort'.

[Divinespark]

Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

As far as I know, the KickICO project is dead, they distribute airdrop randomly to everyone. But people can't sell them because the project team has locked this token contract indefinitely. It is a good way to promote the project, but it will make many people angry and saying that this is a scam project.

[Bukata]

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.

To some extent Bounty campaign is not enough but not to be written off completely. Some hunters are also investors and I believe its still on the same social media which the developers advertise their tokens that Bounty hunters promote their tokens too. So I think Bounty hunters gives a project more media coverage.