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Author Topic: Bounty alone is not enough  (Read 2212 times)
samuraijin
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August 07, 2020, 07:33:10 AM
 #321

Bounty is only intended as a marketing tool to promote a project, this is not the fault of the bounty worker and it is a marketing error why it doesn't get investors, usually it also tends from the founder of the project as well as their team sometimes not really seriously developing anything that attracts investors too they even not on time in fulfilling the road map, so that investors do not want to enter the project because they are worried about risks, again that investors can come from a bounty event held from a good project

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erikoy
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August 07, 2020, 10:14:35 AM
 #322

Yes you are really right there. But most of the projects promoted here are scam and literally are not paying at all. This is why most of the bounty hunters got no pay when they promote a certain project. Still others do believe that they had join a good project to which will then pay them after yet it won't. No matter how good project is when they talk about the white papers, the plan the road map and good news for the project still not a guarantee that the project is good and not a scam project. This is why no more reputable bounty managers handling projects because they do not want to get tag as scammer promoting scam project. And as you can see most of the projects are posted by newbie, copper member, jr. member and member. But of course not all are scam there are still few good projects here in the forum and there are lucky users who were able to join that kind of project.
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August 07, 2020, 10:21:39 AM
 #323

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 correct bounty helps a project to get success but not only this bounty can helps there are lots of things that can help a project to be successful. If a project get the success they wants thats because of the hardwork done by the team behind that projects. If the projects are very active on their social media updates then maybe a lot of investors will support the project.
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August 07, 2020, 01:18:35 PM
 #324

Every project can't be popular without marketing, so bounty hunters are the free source to promote their project at the initial stage because bounty reward not paying upfront to bounty hunters by the projects, some investors invest to see the marketing posts by bounty hunters and some of them invest when IEO launched in any good exchange, so bounty hunters pay important role to start the project.

kaseygriffin
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August 07, 2020, 01:23:04 PM
 #325

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.
So you also thought the signature campaign was meaningless? The signature campaign also attracts investors because some investors also come from the people who are here. yes managers have to make strict rules for content campaigns as many of them are just copy-paste
The signature campaign is the most important to me for the campaign. It will attract a lot of investors and make the project popular on this forum, but new projects are not as concerned with the signature campaign as before. They allocate the budget for it too low and even lower than the social campaigns
kensaii
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August 07, 2020, 08:23:31 PM
 #326

Actually, they know quite well what you are saying but there is one thing you take it wrong. Yes, majority people saw the signature, the retweet, or such are bounty hunter but that's fine as long as it caught the eye of investors. They understand that quite well and as just any kind of online advertising, you just need a number of reaches, clicks for your ads, not views.
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August 09, 2020, 05:55:57 PM
 #327

Thats true.
do you know why many good projects fail on ico and ieo?
the answer is because in the past there were so many scam projects. 80% are scams and only 20% are advanced.
so that many investors are reluctant to allocate their money for crypto projects.
very difficult for devs who have a good project but without capital. those devs must have
innovation and capital.

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