Bounty alone is not enough

[Iyanu14]

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.

Though bounty hunters didn't hold it all in term of project promotions, however, the impact of hunters cannot be overemphasized.  This is the largest community of crypto.  Promotion on social media and other platforms go a long way in bringing both crypto and non-crypto spheres investors.  Hunters can promote a particular project as well as bring it down.

[Maestro75]

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.

This is not completly true. The teams know what they gain from the spread bounty hunters give their projects. If there is nothing achieved by hunters I do not think the teams will be asking for the services of bounty hunters to run their adverts across various social media. Even projects which run signature campaigns on this forum have gains they record because a range of investors visit this forum on daily basis to seek projects they can invest in.

[mdzahed134]

Yep Bounty isn’t enough power to promotion for all of new projects. I don’t think too much people's reached the hunters likes,comments,shares and posting regarding which projects in the social platforms. Mostly real investors are attracted from another ways. Hunters followers are mostly fake and inactive users so these promotion aren’t effective. And bounty hunters can't represent properly.                         

[Anonylz]

Nobody ever said doing bounty alone is enough to attract potential investors, one of the reasons I think project owners conduct bounty is to build an active community, have good supporters, bounty is just a part of the marketing and it is some how cheaper with many participants than other form of marketing.

You are absolutely right! Bounty is to build a strong and large community! All the project's social followers come from bounty campaign, therefore all those retweets, contents help the project to come in the front page of google! Therefore it can bring some investors too!

Couldn't agree more, bounty campaign may seem irrelevant to some people but believe it or not it plays an very important role in promoting any good project to reach the desired audience,
Especially the social media campaign,  this type of campaign have the capability to reach a huge number of people from different locations and works of life,  it is a very effective tool in promoting a project,
I thinking bounty plays a significant role and should not be under estimated.

[coinfinger]

This bounty campaign can go a long way to help a project, and yes only bounty campaigns are not enough, but they can really help the project and spread information about it. No matter how good the team that are running the bounty is, if they are not able to promote their business through several means such as bounty campaign and social media campaigns they will be heading no where trust me.

Even projects with a bad team have been able to gain investors through these campaigns. So, a good project does not only need a good team, it also needs that publicity. There’s more to this and that’s a whole article and I do understand where you’re heading to.

[ife2020]

If we consider the aspects of crypto currency developers, i would say that running a bounty program is not enough, you need to further create and maintain an enabling community that can grow your products.

Because having a large community members of bounty hunters helps no project to be frank.

[NavI_027]

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 already nailed it! Exactly, projects/services get even more popular with help of bounties especially if it is done in a place with very high population like this forum. And for me, that's a big thing already because you directly hitting your objective as a promoter — introduce your work to as many as you could. Actually, I think there's nothing to lose for them when they make bounties/sig campaigns here in the first place simply because for sure the money they allocate here is just the tip of their total fund . So for me, it is all worth it!

[kickdapa]

I think I quite agree with you, the project team needs to have a strong marketing team and also need to create crypto invests that will attract investors but that being said,bounty hunters play very important role in publicising the project,most crypto investors get to see these projects and the hype will attract them to making research. Bounty hunters are also helpful.

Honestly, if the project had a great marketing team, they wouldn't need to have bounty. And their projects will surely get noticed by their projects in cooperation with major exchanges and investors. Only weak and unqualified projects do bounty to attract investors here, which is why we see very few successful projects in 2019 and this year.

[Furious 7]

Bounties are still good or fit into crowd sourcing but the thing is it is not even really fit to attract many investors way back then it is already an issue but still they are trying their best to attract more investors to the help of gambling which is very hard. But the thing is that it is very hard especially right now that the situation of the bounties are not in a good shape, do you think the investors will come to invest if they will see that the even the bounty are not in good situation?

I don't think the bounty is in a bad situation, even it's just my project that can't attract investors to come back again, because now they know that there is always a large amount of waste when entering the stock exchange that makes investors no longer interested.
Therefore, developers should be able to maintain their tokens as much as possible when entering the exchange so I think this is not a good situation in the bounties.

[fuer44]

yes, it is true and that's a fact that cannot be denied. that the promotion carried out by the bounty hunter through the bounty campaign will only be within the reach of other bounty hunters or other crypto hunters and not necessarily one of them is a big investor, although this does not exclude the possibility. but the best way to get large investors is, the marketing special team of the project to promote directly to investors, meaning door-to-door. so that way, we can be sure whether the project is feasible to proceed or not. after that, submit everything to the bounty campaign.

[jhonjhon]

Popularity is very important when you running into business and gaining clients but then, it was a big challenge to acquire and surely it was a big job to do.
Having bounty to promote their project is making a way also to gain popularity but with the past bad market reputation against IEO/ICO, it gonna have a different approach. It needs more market strategy and needs more people to work on it.

[TopTort777]

that the promotion carried out by the bounty hunter through the bounty campaign will only be within the reach of other bounty hunters or other crypto hunters

That is not always how things happen. Some of the bounty hunters consider bounty as an instrument to get a demo of a product and use received  altcoins to test service. If they like it, they can spread the word to masses.

Take for example scam project Miracle Tele. I’ve told some of my colleges (they are far away from crypto) about it (cheap mobile communication with option to earn (their stacking program). You buy once, then use profit from stacking to pay for mobile services usage - aka free mobile internet + sms/talking. Some of them event considered involving into the project. To bad the project scammed  

[Btc_1856]

I think I quite agree with you, the project team needs to have a strong marketing team and also need to create crypto invests that will attract investors but that being said,bounty hunters play very important role in publicising the project,most crypto investors get to see these projects and the hype will attract them to making research. Bounty hunters are also helpful.

Honestly, if the project had a great marketing team, they wouldn't need to have bounty. And their projects will surely get noticed by their projects in cooperation with major exchanges and investors. Only weak and unqualified projects do bounty to attract investors here, which is why we see very few successful projects in 2019 and this year.

Even companies like Aternity, Tezos, Binance conducted their bounty promotions during at the time of their ICO, not only marketing team they need to have an efficient development team and it will surely help them to get more awareness about the project. Of course, many bounties scammed the investors and bounty people without any further day.

[litepool.ru]

If we consider the aspects of crypto currency developers, i would say that running a bounty program is not enough, you need to further create and maintain an enabling community that can grow your products.

Because having a large community members of bounty hunters helps no project to be frank.

There have been many poor quality projects implementing bounty to promote their projects and attract investors, and as a result those projects are dead and unable to continue. Promoting the project is a necessity, but if the project is not of good quality, it will not exist

[Malam90]

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.

Correct. Depending only on bounty hunters doesn't qualify enough investors. It depends much on the marketing capability of the team and their performance. Signature campaign in this forum plays a vital role to draw attention of the investors. If higher ranked members join a signature, investors are  keen to that project.

[bison]

If we consider the aspects of crypto currency developers, i would say that running a bounty program is not enough, you need to further create and maintain an enabling community that can grow your products.

Because having a large community members of bounty hunters helps no project to be frank.

There have been many poor quality projects implementing bounty to promote their projects and attract investors, and as a result those projects are dead and unable to continue. Promoting the project is a necessity, but if the project is not of good quality, it will not exist

unfortunately, the assessment of good and bad projects cannot provide certainty. everyone who does the analysis can have a different opinion. until now I think the bounty campaign is still a good solution for promotion to investors even though the percentage of success is also not large.

[thesmallgod]

This is true but many of them always look for the best and affordable way to promote their projects and that is exactly the reason why they always go for bounty hunters. In some cases, the hunters are parts of investors too and I have discovered that bounty hunters disseminate information through the internet very fast and abundantly that the information are crawl by search engines which bring more investors

[skeleto88]

I believe that most successful projects did not run any bounty programs to be able to get investors, I think they more on physical appearances such as conference, meeting with possible partners and investors to present their project efficiently. While there are some cases that the projects went successful by going through bounty campaign kind of endorsements.

[Destroyeroff98]

This forum is also read by many investors and analysts. Therefore, the bounty campaign is effective in promoting the token.
Also an important part is advertising in other places.

[kaneki007]

Bounty hunters also play a role in helping promote a project, and I often see some of their social media that have followers that I see are investors or traders. And indeed to promote the project can not only rely on the bounty campaign, they also have to do other things to be better known by many people such as placing advertisements on the website.