Bounty alone is not enough

[ElmedoRator]

Marketing of a project encompasses a whole lot. Well, you are not far from the truth since cryptocurrency depends on popularity to promote a project. Although bounty hunting is not the only way to generate popularity and attention of a project to potential investors, we should not relegate the fact that some bounty hunters are also investors themselves.

As far as I can see, most bounty hunters will not invest in the projects they promote, because they know the quality of the project. Bounty execution projects are bullshit projects and they were created with the purpose of scam investors. From 2018 until now, I have not seen any project succeeding with bounty

[SaidNurs]

Judging from the campaigns that have been submitted by bounty hunters through forums, that most are seen by real investors. Nevertheless this campaign is very effective in making a project more quickly known. Where a good project does not look at one eye from just one angle. Therefore a project will be well in accordance with the policies of the project

[someone703]

Bounty is only one of the way to create awareness about crypto projects, there are many other ways.
The promotions and marketing alone is not enough to make investors come to the project,
the team of the project must have some actions like controlling the price of the token, exchange listing, token burning, etc.

As far as I know, the project team is not allowed to control the price of the token. If they did that, they might be breaking the law because they manipulated the price. The price of the token must depend on the market and outside investors

[Sterbens]

some projects do not run a bounty program and only promote it through their social media or through their marketing team.
but there is no harm in also promoting using the forum, so it depends on the dev to promote or not their project.

Many projects have been successful without running a bounty program because they have had success with their own development or marketing so there is no need to need a bounty program, but every project is always there to promote their success with airdrop or giveaway.
But it seems like it's very rare to see such a project because it's not in the forum whereas we are actively active every day in the forum.

[Sterbens]

Marketing of a project encompasses a whole lot. Well, you are not far from the truth since cryptocurrency depends on popularity to promote a project. Although bounty hunting is not the only way to generate popularity and attention of a project to potential investors, we should not relegate the fact that some bounty hunters are also investors themselves.

This is correct, but only few of the bounty hunters are really investing in a certain project.
The team is in charge of making the project popular, its their job to make the marketing effective, hence they do every kind of advertisement they know to sell the project and to make it successful, and when the project is successful, we can say easily that the bounty is also a success.

in the end, bounty hunters and investors will benefit.

Well it's true that only a few hunters invest in a bounty program that they follow, maybe only 10%.
But on average hunters now only want to get big rewards from their projects so that many are blindly projecting the project in any way it can even be with multiple accounts.

But projects that will succeed will certainly be more concerned with their development with the products they build so it is easier to be popularized /

[BitcoinTurk]

Certainly, bounty campaigns alone are not enough to reach the right audience and advertise the project well. We can think of it just like companies advertising on different platforms. If a newly established company advertises only on TV channels or promotes its product through TV channels only, it cannot reach the right customer base and obtain the targeted sales figures or investors. This is the same rule in cryptocurrency projects, and only projects that organize bounty campaigns can never reach the right audience. Organizing a bounty campaign alone is not the right thing for this reason, and we can see that most of the projects are directed not only to this area but also to various advertisement areas. In order to reach the right target audience, reach the project to more people and achieve success, no project should limit itself only with the bounty campaign.

[Winscosinally]

The quality of a project is what will attract investors, so it's not a bounty hunters fault if a project failed because of dump, if the project have quality use case there will be high demand for such coin and the more bounty hunters dump the more others keep buying

[JeotQ]

Leave those devs putting blame on hunters aside, they produce crap projects and blinded hunters still promotes for them in the end they put blame on hunters for their own unprofessional jobs, who baked a project if not the developers? Why blaming hunters ?

[DU18]

Choosing a bounty campaign as a way to promote their project is certainly the right and efficient thing in my opinion because if a new project develops, it will be very difficult to pay the promotion costs in another way because promotion usually requires a lot of funds, and the method of paying cash before promotion is done but if the aforementioned developer promote their project in the forum of course the funds needed are only a small amount and also usually the payment for bounty participants is done after the project sale is complete, and that too if the project sales get softcap and if the softcap is not reached, the developer does not need to pay the bounty hunter work and of course it is very beneficial for the project developer.

[iamaruf]

Yes,it's true mate. bounty campaign only help to become more popular and hype. It doesn't help to gain investor. Even there are so many good projects they came to market and doing well without doing any bounty campaign. Actually Investor don't invest by showing bounty hunters post and they are smart to choose good project.

[princerepon]

[snip]

Absolutely agree with your thought and of course bounty is not enough for reach to success, that's why many projects don't reserve token for bounty program now days. The way bounty hunters (maximum) doing their work it's totally abuse. I can't see any good work besides translation and signature campaign, max we can say video/article campaign.But social media and other campaigns are too much shady now days. Many times and many people talk about it in this thread but you can do nothing if people pretending to not listen.

[Ziskinberg]

Yes,it's true mate. bounty campaign only help to become more popular and hype. It doesn't help to gain investor.

I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right? 

[joseyphil82]

You are wrong, it's all about how good the project is, even if a million bounty Hunter promotes the project it will fail, project teams are responsible for the outcome of their projects not bounty hunters, we promotes and the quality of the project do the rest

[Valzador]

I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right? 

It is clear that the bounty campaign is to get a lot of attention from investors; there is no other reason than that.

The sequence is the bounty campaign to create awareness of the project. Investors then check the quality of the project and decide whether to invest or not.

[Utoy101]

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 totally agree with you, bounties are meant to create awareness within the cryptocurrency market, when there are many posts about a project, lots of people and potential investors becomes aware of it and pick partial interest and proceed to dig out more about the guenuity of the project. Team is entirely responsible for drawing in investor with a sellable usecases, product development, excellent marketing team, good and influencer partnerships and attendance of crypto events

[Sterbens]

I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right? 

It is clear that the bounty campaign is to get a lot of attention from investors; there is no other reason than that.

The sequence is the bounty campaign to create awareness of the project. Investors then check the quality of the project and decide whether to invest or not.

Investors always see which projects should be invested right and sometimes at times like this they always choose the best in looking for profits in new projects because most have now failed to continue on new projects.

The bounties continue to try to promote to and fro to seek the attention of many people so that more Public know them again.

[akuser]

You are right but i think bounty campaign with high popularity & have good value push some bounty hunter to buy & hold the coin.. because they trust with the project...

[TIDOVEE]

I don't totally agree, because this bounty is somehow large. Don't forget it includes YouTube, short clips on lectures can be used on Twitter and Facebook book as long as it is precise enough with the necessary information. The few bounty participants we have today where did they learn how to trade, many learnt it on social media  here. Team movement will be a bonus though but more for the illiterate or few who are not really good on technology.

[alexsandria]

We can say that the bounty alone is not enough to get and gain good number of investors because as we all know this bountirs are good for sprrading and gaining some words to other people so that the investors will be able to know it and this bounty hunters will be able to get investors because they are promoting the project but before that happens the project must have first a good snd lrgit whitepapers so that the investors will not be able to afraid on investing to them.

[forexandcryptoauditor]

This is totally correct. Bounty hunters are just one of the means to spread the word. There are a lot more marketing strategies required to attract actual investors. For example, an article is read by thousands of users but the question is how many really invested in the project reading that article?
All marketing plans can reach users/investors but only leads or registrations depend on the product and its niche in the market.