Bounty- Waste of resources?

[Pffrt]

These days, most of the projects don't get successful fund raising campaign. I have no data about bounty though, but it seems almost all the bounties are just waste of resources. Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think? Projects spending tokens/coins on bounty are just waste of their resources?

[mersal]

These days, most of the projects don't get successful fund raising campaign. I have no data about bounty though, but it seems almost all the bounties are just waste of resources. Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think? Projects spending tokens/coins on bounty are just waste of their resources?

Token itself a waste crabby product that is why team is not worried about spending them for useless thing, they feel that there is a small chace to make profits from selling those useless things so they are trying their best to sell the worthless tokens.

Only newbies are interested in promoting such products.

[carlfebz2]

These days, most of the projects don't get successful fund raising campaign. I have no data about bounty though, but it seems almost all the bounties are just waste of resources. Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think? Projects spending tokens/coins on bounty are just waste of their resources?

It depends on the legitimacy of the project!

You can eventually spot it out if they do spend up some money on creating some stuff from website development to marketing.
Also, its not really that wasting resources since they do just create token in thin air and if they do give out or launch bounty they
are still giving out worthless tokens as long it isnt listed on the market yet.

What concerns here is that the people who had invested on buying those worthless tokens, even majority of them do fail on reaching
soft cap but there are few numbers who thrown up some money which is totally a disaster yet they wont really able to take it back
one the project do fail.

[batang_bitcoin]

Projects spending tokens/coins on bounty are just waste of their resources?

They are not wasted on the part of the project managers or owners. What are those tokens to them? they were made out of nothing so basically, they are funding the marketing out of nothing. That's how they see those marketing strategies that they do and so, if it's a success for them then it's really what they want to happen. But, if there's no success found, that's expected also on their end. That's also a gamble to them but basically without any huge financial capital but effort and time.

[TheUltraElite]

These days, most of the projects don't get successful fund raising campaign.

IPOs get funded anyway. ICOs are not like any equity share. So fundraising can happen just for the sake of being a scam that is not a regulated security. You have to be careful where you invest in. That "successful" is a vague term here because back when Ethereum was first launched ICOs became its use case.

I have no data about bounty though, but it seems almost all the bounties are just waste of resources.

If you dont have the date, you should not make blind accusations based on assumptions.

Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think?

Wrong. It is the opposite, take a look into the discussion of this thread -Signature campaigns and some discussion about seo

You can get an insight into thow signature campaigns have shaped the marketing of many crypto-based businesses mainly the gambling sector and mixer sector. One can provide a service and market it in this manner because a lot of crypto users are using this forum.

On the other hand, bounty is a good way to promote your ICO ("scam") and allow more fools to invest in to so the team owner ("scammer") get paid more.

[Pffrt]

You guys got me wrong or you presented your thoughts in different way. I'm talking about the reality of social media bounty and hoq much benefit does they bring? In my opinion, it's zero. I didn't discredit signature campaign totally, it has influence because it's a crypto forum.

[AthenaBanana]

For my experience in bounties, some campaign activities (social media)make a good impact on introducing a project. In this line of business (making ICO) you need o to be loud so that investors will see you that you are active, overall in my opinion bounties is one of the great foundations of a project.

[examplens]

These days, most of the projects don't get successful fund raising campaign. I have no data about bounty though, but it seems almost all the bounties are just waste of resources. Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think? Projects spending tokens/coins on bounty are just waste of their resources?

You can't waste resources if these resources do not worth anything. Wasting of nothing is nothing. 99% of a new project with fundraising is a scam, or they are not good enough. promising worthless tokens is just a game with numbers, what projects are, so is the promotion.
many do not have start-up capital they move into everything with zero in their pocket, a good marketing manager costs and he will not work for free or for some virtual numbers. Then they doing campaign managed by yourself without any quality criteria.
A golden year for bounty like 2016/17, will not happen again.

[Ken_terrance]

These days, most of the projects don't get successful fund raising campaign. I have no data about bounty though, but it seems almost all the bounties are just waste of resources. Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think? Projects spending tokens/coins on bounty are just waste of their resources?

Many of the new projects that are trying to raise funds are now into deceiving people about how much they raised on exchanges, saying they sold out here and there but after bounty ends they vanished, the best bounties we can join are those that are listed on top exchanges or the project's from trusted bounty managers, just my own thoughts

[rudin123]

Many of the new projects that are trying to raise funds are now into deceiving people about how much they raised on exchanges, saying they sold out here and there but after bounty ends they vanished, the best bounties we can join are those that are listed on top exchanges or the project's from trusted bounty managers, just my own thoughts

trusted managers have also not been able to provide good projects, because there are several projects managed by trusted managers but still fail to raise funds, some even delay payment for bounties.

[bgaf]

These days, most of the projects don't get successful fund raising campaign. I have no data about bounty though, but it seems almost all the bounties are just waste of resources. Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think? Projects spending tokens/coins on bounty are just waste of their resources?

In my opinion it depends. A project that does not have sincerity and seriousness will definitely a waste of resources provides that they are just gonna do a campaign for the sake of attention. Many developers are risking on this vouched. They will launch a campaign on social media but the truth is they just using hunters so they will have a chance to scam many people. Legit one that conduct bounty will consider a good amount though not really big but as a hunter you can feel it if they have potential. Check our cartesi, their budget is low but the time of promotions of hunters will be worth it. So the money they allocate for this is not wasted cause it did help them reaching some crypto people that have interest on their platform.

[Ken_terrance]

There is no real way of knowing what a project team have in mind for their project or how serious they planned to be, this is why bounties are shady way of making money, nothing has assurance in this space

[Pffrt]

You can't waste resources if these resources do not worth anything. Wasting of nothing is nothing. 99% of a new project with fundraising is a scam, or they are not good enough. promising worthless tokens is just a game with numbers, what projects are, so is the promotion.
many do not have start-up capital they move into everything with zero in their pocket, a good marketing manager costs and he will not work for free or for some virtual numbers. Then they doing campaign managed by yourself without any quality criteria.
A golden year for bounty like 2016/17, will not happen again.

I got your point that they are actually wasting nothing in reality but what's the benefit are they getting from facebook campaign? None, in my opinion it's no more than zero. None of the investors will come from facebook.
And do you think the golden year of bounty were able to attract investors from facebook? I still doubt that any start up project got a single investor from facebook bounty.

[examplens]

I got your point that they are actually wasting nothing in reality but what's the benefit are they getting from facebook campaign? None, in my opinion it's no more than zero. None of the investors will come from facebook.
And do you think the golden year of bounty were able to attract investors from facebook? I still doubt that any start up project got a single investor from facebook bounty.

I don't know. I don't believe that anyone gets many investors from any social network through bounty hunters. Most of them are fake, or "like for like" and "follow for following". multi-accounts not to mention, there's no way it brings on investors.
All of these projects from "golden year" are dead now, and almost all doing only pump & dump. There are no real investors, jobbers only.

[SacriFries11]

I got your point that they are actually wasting nothing in reality but what's the benefit are they getting from facebook campaign? None, in my opinion it's no more than zero. None of the investors will come from facebook.
And do you think the golden year of bounty were able to attract investors from facebook? I still doubt that any start up project got a single investor from facebook bounty.

I don't know. I don't believe that anyone gets many investors from any social network through bounty hunters. Most of them are fake, or "like for like" and "follow for following". multi-accounts not to mention, there's no way it brings on investors.
All of these projects from "golden year" are dead now, and almost all doing only pump & dump. There are no real investors, jobbers only.

Its not as much as it is but it will help to boost their campaign. Its also a proof that they really active in their social media, they can immediately announce their platform and future plans. It still depends on the specific projects that are launch in the market, there's still projects that have potentials but due to lack of investors they failed also. Investors can't take many scam projects, sometimes they quit after the good project turned to nothing.

[shoreno]

its not your money anyways but its theirs , so why worry too much ? bounty isnt a waste of resources if it still help a bit  . you can only call it a waste once it is not beneficial on your project . social media campaigns are really the ones that help the most because many people of all kinds , on all parts of the world are using it  .

while sig campaign helps too because most users here are crypto related but what about people that those who arent involved on crypto.  how can they see your content on here

[mersal]

its not your money anyways but its theirs , so why worry too much ? bounty isnt a waste of resources if it still help a bit  . you can only call it a waste once it is not beneficial on your project . social media campaigns are really the ones that help the most because many people of all kinds , on all parts of the world are using it  .

while sig campaign helps too because most users here are crypto related but what about people that those who arent involved on crypto.  how can they see your content on here

Social media campaigns get the attention of people who don't have much knowledge about cryptos which is actually the intention of the crabby projects because people with experience may skip their projects so they target random people with their offers and make money with their shitcoins.

[Jateng]

The new projects have really a hard time right now. They tried so hard to accomplish their token offering but it seems that no investors really appreciate it. We needed to understand that a lot of projects right now have low content and completely non-sense. I don't think its a waste of resources, social media and bitcointalk campaign really boost the confident of the investors. Its always the part of their marketing strategy. In fact, some of scam projects cost only a few money to run it.

[Kotone]

Social media campaigns get the attention of people who don't have much knowledge about cryptos which is actually the intention of the crabby projects because people with experience may skip their projects so they target random people with their offers and make money with their shitcoins.

Thats not new. Not shocking that there are still plenty of investors that are fall for these new projects. Maybe more investors are not familiar with this forum and they dont know if they are dealing already with scam one. We cant blame them as their concern mainly is to have profits. Social media is really powerful, if you would see there are more users that prefer social campaigns than signature cause they know how stricy this forum for scam one thats why they dont include a signature cause many here are concern to inform most people if they found a scam project.

[Mahanton]

Social media campaigns get the attention of people who don't have much knowledge about cryptos which is actually the intention of the crabby projects because people with experience may skip their projects so they target random people with their offers and make money with their shitcoins.

Thats not new. Not shocking that there are still plenty of investors that are fall for these new projects. Maybe more investors are not familiar with this forum and they dont know if they are dealing already with scam one. We cant blame them as their concern mainly is to have profits. Social media is really powerful, if you would see there are more users that prefer social campaigns than signature cause they know how stricy this forum for scam one thats why they dont include a signature cause many here are concern to inform most people if they found a scam project.

You actually had the point because if they do focus out on social media then they can somewhat avoid on being bust on earlier phase
and would completely stop their scamming intentions since from the start yet if they do try to put up exposure on this forum then
people can easily detect which one is fraud or obviously just trying to scam.Shady projects do still continue to exist because theyve
been continually being feed up by those people who dont make any up search towards the project and still invest just for the hope
of quick bucks or profits until they do realize that they had been scammed already.