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Author Topic: Bounty alone is not enough  (Read 2283 times)
Beparanf
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July 27, 2020, 02:05:10 PM
 #261

I have never really understood facebook/twitter campaigns. Participants always have other bounty hunters as friends/followers so the propagation of information only reaches bounty hunters mainly, not investors. I don't see the value in those campaigns other than I guess constant presence on these platforms. I understand translation campaigns as the project is able to reach different audiences, as well as the blog/video campaigns. What hurts the most from executing a bounty is the price after the token is listed on an exchange (if it even reaches this stage) because bounty hunters will sell for anything as they didn't invest their money, they invested their time so they want to see that time have some value. Investors, in the other hand invested money and would like that money to increased in value in time. Two different mindsets that are very opposite in my opinion.
Prices tends to be low upon listing on exchange of somecoins since people have different goal in such project. If those bounty hunter were also a investor or trader they will somehow keep it till the project fulfill their plan or limits, however this sometimes not happen as many bounty hunter even some investors who bought the coin in early stage with bonuses already withdraw their shares.
Bounty hunting alone is really not enough it was just an add factor for spreading words or references that the project is somehow being talked. There's a need for proper marketing and building of their names thru their own company.
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July 27, 2020, 02:13:11 PM
 #262

Bounties promotion still works very well but for investors to come storming your token you have to bring in new utility that will bring good profits for investors, as a matter of fact investors aren't blind, if your project is repetitive or lacks good use case it won't attract investors

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July 27, 2020, 02:21:09 PM
 #263

Would be great if there is other ways to make money in crypto than bounties, trading and investing but other ways are very challenging, they require special talents, I believe that bounties is the best marketing tools till date but teams shouldn't depend on bounties marketing alone
There was another way to get money just like staking and dividend too. When you are having a lot of money you can start to earn dividend through buy some coins that have real product that will always distribute the dividend periodically.

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July 27, 2020, 02:36:54 PM
 #264

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'm in total agreement with your opinion, it's actually true that most post made by bounty hunters are viewed by other hunters and the major investors won't be convinced to make substantial investment, simply by the posts made by bounty hunters. The team has to build personal relationships with key investors in order to lure them to make their contribution.
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July 27, 2020, 02:41:56 PM
 #265

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.

Yes, only bounty is not sufficient for advertising the crypto project. But it is not easy to spread it all over the world through the crypto events and crypto network. Because cryptocurrency is prohibited in most of the countries. All these countries will restrict these crypto networks if it is used for advertising crypto project. Rather thousands of bounty hunters are helping to advertise all over the world through social media where govt cannot impose any restriction.

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July 27, 2020, 02:53:30 PM
 #266

I'm agree with you, Bounty hunters can help spread project information throughout the world, with social media, forum, telegram etc but it's become so meaningless if only rely on bounty hunters, so the most important thing to attract investors is from the team itself. So team must do all good things to make a successful project

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July 27, 2020, 04:19:49 PM
 #267

indeed if you are a bounty hunter, it is very less to get money on a monthly basis,
because bounties are usually paid 3-5 months, some are even longer

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July 27, 2020, 04:49:46 PM
 #268

I'm agree with you, Bounty hunters can help spread project information throughout the world, with social media, forum, telegram etc but it's become so meaningless if only rely on bounty hunters, so the most important thing to attract investors is from the team itself. So team must do all good things to make a successful project
Some bounty hunters are only small promotions so still the team must have good marketing to investors in order to be able to trust the products they are running, sometimes there the team must be professional to be able to develop further so that success can occur in projects that the team runs.

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July 27, 2020, 05:00:55 PM
 #269

if look at it from the present condition, it's really true that the bounty can't be fully expected, I personally respond to this,I was doing bounty and trading
and what I experience now, I can survive and make ends meet

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July 27, 2020, 05:28:18 PM
 #270

Yours words are right but only to some certain extent: when we called something social what do we mean? We meant connecting people from different locations together. If you would agree with me, the best way to connect people together is through social media. Social media connects people even from areas where the project developers might not have the thought their  project would be seriously needed. Bounty campaigns spans alot  that even words can't express everything because of the ways different people handles it and the magnitude of results they were able to get from it.
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July 27, 2020, 05:31:13 PM
 #271

I'm agree with you, Bounty hunters can help spread project information throughout the world, with social media, forum, telegram etc

It can spread awareness and attentions of possible investors when bounty hunters really take this as serious doing the task.

but it's become so meaningless if only rely on bounty hunters, so the most important thing to attract investors is from the team itself.

Meaningless in the sense of polluting the social site without any follow up progress and additional knowledge from the developer itself.

So team must do all good things to make a successful project

It's really depends from how the will work after reaching those target audience, how they will penetrate and make a good conversions.
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July 27, 2020, 05:38:10 PM
 #272

if look at it from the present condition, it's really true that the bounty can't be fully expected, I personally respond to this,I was doing bounty and trading
and what I experience now, I can survive and make ends meet
everyone has different stories. I know a lot of people who have made a lot of money in bounty campaigns. They earned 3-4 times less on a regular job. I also received very large rewards but did not sell on time

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July 27, 2020, 05:40:43 PM
 #273

indeed if you are a bounty hunter, it is very less to get money on a monthly basis,
because bounties are usually paid 3-5 months, some are even longer
Agree with you, even some bounty make payment after 1-2 years. When participating in bounty, you will not be able to make money quickly from it, from the end of 2019 until now I have never participated in a really successful bounty. Most of them are bullshit and scam in this market

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July 27, 2020, 05:50:22 PM
 #274

indeed if you are a bounty hunter, it is very less to get money on a monthly basis,
because bounties are usually paid 3-5 months, some are even longer
Very impossible to make a living with bounty hunting. 2016-2017 was the year of its a possibility but it all changed suddenly in 2018. You can no longer make a living with it and you don't have to be dependent on bounty hunting.
The delays are there and there is no probable payment that you will receive as exact to what has promised because it's always been tentative and you'll be lucky if you get paid but if not, it's a disgusting expectation.

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July 27, 2020, 06:20:38 PM
 #275

indeed if you are a bounty hunter, it is very less to get money on a monthly basis,
because bounties are usually paid 3-5 months, some are even longer
Agree with you, even some bounty make payment after 1-2 years. When participating in bounty, you will not be able to make money quickly from it, from the end of 2019 until now I have never participated in a really successful bounty. Most of them are bullshit and scam in this market
this is a sad truth, but I see a large number of people who making good money by participating in bounty campaigns. I continue to participate and believe that I will find my gold

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July 27, 2020, 08:34:08 PM
 #276

indeed if you are a bounty hunter, it is very less to get money on a monthly basis,
because bounties are usually paid 3-5 months, some are even longer
Agree with you, even some bounty make payment after 1-2 years. When participating in bounty, you will not be able to make money quickly from it, from the end of 2019 until now I have never participated in a really successful bounty. Most of them are bullshit and scam in this market
this is a sad truth, but I see a large number of people who making good money by participating in bounty campaigns. I continue to participate and believe that I will find my gold
Over the past year, payments have fallen by at least 10 times. I think you won't find your gold here. Unfortunately, now is a different time.


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July 27, 2020, 09:27:32 PM
 #277

 Well i believe that bounty campaign is really a great way to make the project become more popular in crypto feild, but it is not enough,that is why some project use social media campaign so that many more invetors can see it and get the information about thier ICO or ITO i see that social media is also an amazing way in promoting projects because social media is now the best way of extending news and many people really used to get more information or news about the world.
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July 27, 2020, 09:44:52 PM
 #278

Although bounty hunters make a great effort that may last for several months, the return they receive is a small return compared to their effort to promote the project every day, In these days in which we live, I think that the bounty alone is not enough to give good financial income to hunters like previous years, due to the greed of project managers to exploit workers and not give them a good percentage of project tokens, although they are the most important interface for the project to attract investors.

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July 27, 2020, 10:47:34 PM
 #279

Well i believe that bounty campaign is really a great way to make the project become more popular in crypto feild, but it is not enough,that is why some project use social media campaign so that many more invetors can see it and get the information about thier ICO or ITO i see that social media is also an amazing way in promoting projects because social media is now the best way of extending news and many people really used to get more information or news about the world.
we know social media user growth very extreme in few years ago, and it could be good audience for crypto project. there are alot opportunity to make this social media users as crypto investors. by spreading promotion in twitter or other platform it will make project known by much people and hopefully some of them invest their money.
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July 27, 2020, 10:50:54 PM
 #280

Yes of course, bounty alone is really not enough and the success of the project must not be reliant on the promotion because promotion without the action coming from the team developers of the project will not satisfactorily make the project come to success. This must be a group effort and coordination to make things out. The process of creating the project relies on the developer and then they will hire a bounty manager to take cover of the whole process of the promotion to gain popularity to be able to attract potential investors which will be made possible by the bounty hunters to take on the task of promoting the project. After that, everything will now be reliant on the team on how they will effectively execute the plan based on the roadmap which includes bounty distribution, listing on reputable exchange and how the project proposed will be executed. All in all, the success of the project will not be reliant on the bounty promotion because it is just part of the process on making the project succeed. In short everything relies on the coordination of the team, bounty manager and the bounty hunters as well as the potential investors to work things out.

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