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Author Topic: Bounty alone is not enough  (Read 2212 times)
Bukata
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April 18, 2020, 04:45:46 PM
 #221

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.
That's another issue, if the team do that kind of action once they've already release the rewards most of those bounty hunters or airdrops receivers
will be mad and tag the project as scam, it's how the team will manage and give satisfactions from both investors and those who help them to promote the project one mistake can harmed the project deeply.
I don't have any problem with projects locking their tokens after distribution, where it matters to me most is that after the locking duration, let the wait be worthwhile, its only when a project flops after waiting that people should lash.
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BayAngelo
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April 18, 2020, 06:00:31 PM
 #222

this is a very important post about new projects depending on bounties as the only marketing strategy to market their project. the possiblity of projects conducting bounty immediately after launching could be sign of a scam project that is interested in collecting peoples fund. Meanwhile quality projects spends time to develop their token and marketing their project before considering bounties. most projects doesn't conduct bounties again.

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April 18, 2020, 06:01:46 PM
 #223

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.

This is actually a great point you made. Nowadays, you need a strong marketing team in order to sell your products. In the case of cryptocurrency, if your technology is good enough, you are marketing yourself already, and sometimes, bounty doesn't even help to that.
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April 18, 2020, 06:58:46 PM
 #224

Bounty campaign to me is not useful for any project marketing success. Hunters are friends with each other, they help carry out their activities. It's hard to find any investor through bounty tasks especially social media activities. Projects should be able to reach out to Angel investors or VC and also employ influences for marketing their project.
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April 18, 2020, 07:34:07 PM
 #225

I totally agreed with you bounty campaigns are not enough to expose any project to investors .The exposure of a project depends on it's team and their effort.But on the other hand bounties are also important they help to spread more information about a project both on the forum and on social media channels.

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Tigboom
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April 18, 2020, 08:47:26 PM
 #226

You may be right but also hunters are needed in another view . You might think the hunters post are not helping, but it is. Investors differs and there are some publicity some by hunters on top site. These are why new project wont joke with hunters .

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Script3d
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April 19, 2020, 01:06:16 AM
 #227

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
40% is too generous maybe 10 percent or lower, we can't also guarantee if the project survives the long term, if it does then it's worthy to be called a quality projects, not alot of them survive after 1 or 2 years.
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April 19, 2020, 02:04:38 AM
 #228

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.

Thats true, because most of bounty hunters are using their fake facebook ,twitter , youtube accounts for bounty campaigns.

 but then what should they need to do for get investors to their projects. what did you mean by "team's marcketing" .
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April 19, 2020, 02:49:36 AM
 #229

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.
Solid marketing techniques are the foundation of a successful projects and bounty campaign is a part of it, yes it is not enough to bring a good amount of investors that is why marketers are doing some meet ups in order to gather some potential investors. And for other solid projects, they are looking for a solid partners as it can also boost their popularity among the investors especially if they can form a partnership to a trusted company or organization.

But as you can see why many successful projects are putting so much effort to bounty campaigns because it is tested already that it can help to hype their project which can help them in spreading their project in every corner of the world and the investors will surely to follow especially if they can see that the project has the potential.


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April 19, 2020, 03:43:54 AM
 #230


all new projects will certainly expect investors to be able to join, but to reach it requires a bounty campaign to be affordable to many parties through all available social media. because social media is an effective and best way to provide information. So it's wrong if you say that the campaign bounty cannot attract investors. I agree that marketing from the team is needed to attract investors to place funds. therefore not just a bounty campaign needs to be carried out, there must also be a direct event for investors through several seminars held in order to be clear about the objectives to be achieved.

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Valzador
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April 21, 2020, 09:36:49 AM
 #231

Right, there are many successful projects that don't hold a bounty campaign. They choose other ways to build a large community that can attract investors, for example by holding an IEO on a global exchange top. There are also those who maximize their products and collaborate with other large and trusted companies. However, the bounty campaign is one of the best choices for building a community, as long as it is managed well so that its main goal can be achieved.
Of course, the project prefers to pay to be able to hold IEO on famous exchanges. Still, the cost to be ready to IEO on prominent exchanges is not small, the prices are higher than the costs incurred to create a bounty campaign, but the success of IEO on well-known exchanges is higher compared to holding a bounty campaign.
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April 21, 2020, 10:55:24 AM
 #232

Right, there are many successful projects that don't hold a bounty campaign. They choose other ways to build a large community that can attract investors, for example by holding an IEO on a global exchange top. There are also those who maximize their products and collaborate with other large and trusted companies. However, the bounty campaign is one of the best choices for building a community, as long as it is managed well so that its main goal can be achieved.
Of course, the project prefers to pay to be able to hold IEO on famous exchanges. Still, the cost to be ready to IEO on prominent exchanges is not small, the prices are higher than the costs incurred to create a bounty campaign, but the success of IEO on well-known exchanges is higher compared to holding a bounty campaign.

If the project is solid and promising, and has real potential in the market, they can always go to top exchanges for their IEO like BNB. And sometimes they don't need bounty programs anymore as when for example BNB announced it on their launchpad, people already are waiting for that project. That is, if it is in BNB. But try small to medium exchanges with bad reputation, even if they will announce their upcoming IEO projects, they still find it hard to acquire funds.
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April 21, 2020, 11:10:25 AM
 #233

now bounty campaigns are dying as a tool of marketing of cryptocurrency projects. especially with apperience of such tool as ieo. remember ieo of binance, they do not needbounty campaigns.

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April 21, 2020, 11:20:29 AM
 #234

Bounty campaign might not be enough to gain investors, however it is a good way to spread the project information. By the help of social media campaigns, it would be easily spread out to many people around the world and if they enlighten by the project proposal they would definitely invest on the project.
Yes, but what is explained here is not about the promotion of the bounty project, but rather towards the bounty hunters, they will not be enough if they only follow the bounty, because the income through the bounty at this time is no longer as big as the previous bounty, thus making the hunters must work harder at places other than the bounty.
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April 21, 2020, 11:49:22 AM
 #235

Bubbalex usually do review of his campaign, which I expect other bounty manager to adopt. I also want mangers to take record of the twitter followers, youtube view, telegram group members etc before and after campaign, probably take a poll in the group after the campaign on how members get to know about the project. I believe this information might help to focus on relevant social media channel to attract investors and increase campaign there.
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April 21, 2020, 11:54:21 AM
 #236

now bounty campaigns are dying as a tool of marketing of cryptocurrency projects. especially with apperience of such tool as ieo. remember ieo of binance, they do not needbounty campaigns.
some IEO in binance has a bounty, for example, one harmony. that is one example of a project that pays quite well when it has a bounty. however, that is not often the case, because of that the bounty alone will not be enough to meet your daily needs, even more so if you find it difficult to do research on projects that you will support.
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April 21, 2020, 01:52:37 PM
 #237

bounty is only to expand the community, to attract investors depends on team performance. Jikatim always follows blockchain events and advertises on several crypto sites, of course many investors will be interested to join

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April 21, 2020, 02:21:36 PM
 #238

Bubbalex usually do review of his campaign, which I expect other bounty manager to adopt. I also want mangers to take record of the twitter followers, youtube view, telegram group members etc before and after campaign, probably take a poll in the group after the campaign on how members get to know about the project. I believe this information might help to focus on relevant social media channel to attract investors and increase campaign there.
It made him more professional than the others. I really like the way he works because he usually does everything very quickly and on promises. If there were any new campaigns coming from him, I would definitely never miss

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April 21, 2020, 02:57:06 PM
 #239

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.
It is hardly worth agreeing with your arguments. Participants in the ICO Bounty Signature Campaign make a great contribution to advertising new ICO projects. This forum is the most famous among those who discuss the problems of cryptocurrency development and at the same time provide marketing services to new ICO projects. Many potential investors on this forum are looking for worthy projects in which to invest their money. A great help in this is provided by our signatures, which we wear when publishing our messages. Studies on this subject have already been carried out more than once and they clearly confirmed this. And bounty hunters themselves in many cases are investors in new ICO and IEO projects.

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April 21, 2020, 03:10:31 PM
 #240

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 hereby agree on that. Launching bounty campaigns are really not enough to assure the success of a certain project for it just getting the attention and letting the crowd to know that such project do exist. The success of the project still relies and depends on the team behind it to further promote and do the marketing to let investors to get into investing in the project. Even though launching a bounty is not enough, still it plays a big role for people to see and get curious about the project. Any projects must not rely or depend the outcome or success of the project into bounties because the success is worked by the whole team providing marketing strategies to close a deal and the important thing is the idea of the project and how it will be executed will give a big impact on the success of the project. Bounty is just a part of a phase to be done to promote the project and success cannot be reliant on the first step because marketing strategy will matters the most together with the objective and idea of the project itself.
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