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Author Topic: Bounty alone is not enough  (Read 2213 times)
pacman7331
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March 28, 2020, 04:47:15 PM
 #101

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.

Yes, you are right. Whoever expert in crypto investing they mist follow and read this forum before buying any coins! Therefore all the well-known platform like Coinmarketcap, Etherscan asks Bitcointalk ANN thread as a reference! So, Signature bounty helps to catch an investor's eyes! Therefore social and content bounty increase the community and activity and it spread widely! So, the only bounty is not enough but it promotes a project widely!

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Ozero
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March 28, 2020, 05:38:55 PM
 #102

In order for the new project to be successful, everything is important here: the organization by the ICO team of marketing, the work of the bounty hunters here on the forum and on social networks, and of course, the novelty of the idea, the necessity and prospects of the project itself. If the project is bad, then how many do not advertise it, investors will not invest in it. Especially at this time, when investors learn from their mistakes for the third year in a row in the absence of a significant and long-term growth in the cryptocurrency market. However, the work of bounty hunters is still very important and many investors come to this forum as guests.

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March 28, 2020, 05:40:21 PM
 #103

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.
Projects endorsement is big thing because it’s a best way to attract investors than publicity and bounty hunters, definitely it is help to find investors, so i think a successful project behind bounty provided efforts. Yeah, privately endorsement projects are capable to success without conducted bounty campaign. Binance endorsement mostly projects didn’t conducted bounty.                              

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March 28, 2020, 05:50:30 PM
 #104

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.
After Satoshi nakamoto created bitcoin he certainly thought that if the digital currency lovers community had to be combined in one forum so that bitcointalk was created as the first forum in the world to discuss and introduce digital currency to the world, although now there are many discussion forums on cryptocurrency but bitcointalk is a forum the biggest there is, so, it is not surprising that many investors or traders are active in this forum, and that makes blockchain company developers hold a bounty campaign in this forum, so that they can make their projects more famous and make investors interested in participating in ICO and IEO projects Even though there are many bounty projects that don't benefit or deceive bounty participants, I believe that the blockchain project developers still need bounty participants to promote their projects.


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March 28, 2020, 05:59:19 PM
 #105

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 such a great piece. This is just what I reminisced about a while ago. Bounty truly is not enough to gain audience, traffic and real investors for a cryptocurrency project. Well this is not to dispute the fact that bounty in one way play a role in project development. But it isn't enough to get a real investor to a project. Reason we see projects hosting events, attending events and meeting people including potential partners and investors. We also see projects hosting AMAs and Ambassador programs. These are a few ways also.

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March 28, 2020, 06:08:14 PM
 #106

"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" - That is not entirely true, bounty is not just posting on the forum, it usually includes many social channels, such as FB, Twitter, Youtube, LinedIn, Medium, Steem etc. And such posting see a lot of people and maybe potential investors. But good projects do not need this, or do not need such a large scope. They'll get his money without a bounty anyway

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March 28, 2020, 06:54:39 PM
 #107

Not at all, for me bounty is just like a part time job that I do when ever am chance that's once in a while because most of the bounty don't turn out to be what they seems so I don't put all my time and effort into it.

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March 28, 2020, 07:18:17 PM
 #108

You are right bounty campaign good ways for called more investors with giving project information day by day. But this time social media promoting no have value because amount of investors low in this time. So signature campaign giving more help for called smart investors i suggest it every project need choice signature for promoting their project
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March 28, 2020, 08:09:57 PM
 #109

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 agree with your opinion, a project that successfully attracts investors is a project where teams often attend Blockchain events in various countries. When participating in an Event the project team directly introduces the product or project excellence to investors so that it can easily attract investors.

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xiboothrezi
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March 28, 2020, 08:31:01 PM
 #110

Bounty campaign is indeed not the only way that the dev team can do to develop their niche, this is only one way. The development team should not depend on this either, because the crypto ecosystem will automatically be attracted to a potential project with a unique product that is strong and functional.


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.

In fact, this is so, if it is not supported by unique product quality, customers will not be interested in trying, popularity is not good, then investors will not be interested.

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neowenyuan
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March 29, 2020, 07:53:57 AM
 #111

the main investment and funds is brought in by the team's marketing and closing ability.
What if the marketing of the team totally relied on bounty? Then suddenly the project has gain all necessary funds needed for development, what will you called that? Good team of hunters? Its just depend also on how the bounty being handled. Some campaign manager are good to set their campaigns and even using alone hunter expertise on promotions they can see to it the quality of good marketing approach. But of course not all have the talents to lay out a good marketing but those who have experience only.

I think end of the day, it depends on the quality of product. Some products are so good and written clearly, investors take a look, and happily place their money there. Most projects have to try harder, to go for social events to promote their products face to face. Another set of skill all over again with PR skills and marketing capability
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March 29, 2020, 08:22:44 AM
 #112

Bounty can never be enough for a project to be successful or raise fund successfully, the project team are the one responsible for what happens to their project, they have to come up with better plans and good funds, all bounty hunters do is promote projects and how good the project is will determine how attractive it will be to investors
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March 29, 2020, 08:55:40 AM
 #113

Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too

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March 29, 2020, 09:13:24 AM
 #114

Not at all, for me bounty is just like a part time job that I do when ever am chance that's once in a while because most of the bounty don't turn out to be what they seems so I don't put all my time and effort into it.

Yes, too misleading these days for many projects. If the bounty is too much, it's probably too good to be true, if it's too small, not worth the effort anyway. Tough days
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March 29, 2020, 09:23:58 AM
 #115

Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
The current market is very difficult and investors will not risk investing in new projects. In these days, I believe good projects are hard to attract investors, and it makes bounty much harder than before.

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March 29, 2020, 09:37:38 AM
 #116

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.

I think you're right, but it's actually more complex than that. Investors have to come in, even before a project is announced. This allows investors to look at responses of the public, and do their due diligence before putting their money in the project. Most projects lack this kind of planning, especially projects that requires fund to kickstart.

I think the projects that went successful through bounty campaigns got the best record in 2017 ICO rush, hahas.  Cheesy
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March 29, 2020, 10:02:32 AM
 #117

Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
Yes, and the bounty hunters will also feel tired when they have promoted a bad project that is not liked by investors, so that it is not wasted time on a bad project, it is better to do research first, so the hunters will not feel sorry after promoting the project any.
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March 29, 2020, 10:22:23 AM
 #118

Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
Yes, and the bounty hunters will also feel tired when they have promoted a bad project that is not liked by investors, so that it is not wasted time on a bad project, it is better to do research first, so the hunters will not feel sorry after promoting the project any.

So true, product potential and capability is very important.
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March 29, 2020, 11:16:01 AM
 #119

During this prize hunters always play an important role in every campaign project, can not be seen only underestimated because the prize hunters are also willing to take the time to continue to promote each product of the project they are working on and live how the team from the project if both working together with maximum and often seen in various events will certainly be more and more investors are glancing.

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March 29, 2020, 11:34:38 AM
 #120

Bounty can never be enough for a project to be successful or raise fund successfully, the project team are the one responsible for what happens to their project, they have to come up with better plans and good funds, all bounty hunters do is promote projects and how good the project is will determine how attractive it will be to investors
They've needed to come up with detailed and long term projections to attract investors in joining their journey. Not just bounties where most of the time hunters are only after with the rewards and not seriously working with the campaign.
Developers needs to make detailed long term plans from that point those who are going to ride will stay close and help them to achieve.
It's a big factor of how investors will stay close with the project so its really a big point of what will be the future plans of the team behind it. Some bounty hunters are also willing to invest if they know what are the future plans and capability of the projects. So its big percentage how the team/developers will run the project in the future. If developers and investors will work together, the project will attract more clients.

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