jostorres
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October 23, 2020, 06:16:05 PM |
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They will be able to promote their project through signature campaign. And the main purpose of the project owners to launch the signature campaign is to promote their project in the crypto community. But when a project is not promising, the project teams do not get good results even with such promotions.
Right but if the ICO they are doing is solid with good plans and all they lack is promotion then actually signature campaigns are one of the best ways to promote your project, product, service and almost everything. I mean it is not worth paying to get listed on useless websites instead here at forum serious investors and crypto enthusiasts get together and discuss various things and it is worth more to promote the ICO here than anywhere else. in order for a project to be successful, that project must first have potential. Everyone's marketing strategy may be different, all projects try to go with effective marketing.
Well, I acquiesce with you on that because unless a project has some potential the marketing will never get expected results and getting viewers is one thing and converting the views into investors or leads is another and both are mutually exclusive because you can hire a big marketing team but without plans they are just view bots.
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el kaka22
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October 23, 2020, 06:40:16 PM |
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It could also be very bad as well, I know that is a not a rare situation neither. What happens with the bad ones is the fact that project itself is actually bad, they end up with a small circle of people who are involved, and those involved people invite other people they know, so it is reaching to 100 person level with 10-15 of them actually team members and others are all team members known associates or friends, then their friends come, and it is a big family without any strangers, maybe one or two bad noises comes up but they get shut down very quickly.
However one thing I am sure is that if a bad project gets away from that and makes a signature campaign, there will be a big majority that will hear from that signature campaign and show all the bad sides of that project, making it go down.
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RealMalatesta
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October 24, 2020, 06:47:18 PM |
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Depends on how they do it. Normally the idea is not to increase the credibility but it is to increase the marketing of it, you would want more and more people to be interested in the project you do and when you are giving money to people for signature campaigns you are getting a lot in return, people all over bitcointalk will be hearing about your project which will create this "demand" for your project, not a ton but at least people will hear about it and know about it even if they do not get involved and a bit of them will get involved as well.
It is not always a great profitable thing, you are not going to spend a thousand dollars on signature campaign and get more than a thousand dollars in return from funding, but it would be at least a brand awareness type of deal.
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forexandcryptoauditor
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October 24, 2020, 07:05:34 PM |
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From my point of view, yes. But not all the time. The influence really come from the person wearing signature. If it is by hero or legendary member, definitely it increases trust as well as confidence among the investors for that particular ICO.
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scolary23
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October 24, 2020, 07:07:34 PM |
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Depends on how they do it. Normally the idea is not to increase the credibility but it is to increase the marketing of it, you would want more and more people to be interested in the project you do and when you are giving money to people for signature campaigns you are getting a lot in return, people all over bitcointalk will be hearing about your project which will create this "demand" for your project, not a ton but at least people will hear about it and know about it even if they do not get involved and a bit of them will get involved as well.
Of course, the expectation of getting more profit from investments in a particular project is normal. Do you want more confidence and credibility from the project? See who wears the signature, their rank on the bitcointalk's forum and their trust ratings, read why the trust rating was increased. I noticed that the chances of getting a good return on investments in projects, the signatures of which are worn by people with a positive trust, their projects are successful and work further. There may be exceptions, as in any rule.
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kingzpro
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October 24, 2020, 08:11:15 PM |
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Does Signature campaign increase ICO credibility? I see few good ICOs recently using Signature campaign to promote their private sale.
Being a newbie, I would like to know your thoughts through experience.
Mist campaigns i am seeing in bounties section these days are fake defi campaigns with only social media campaigns and no signature campaign, so it does add to the argument that only legit projects will come up with signature campaigns because it requires some work to put up signatures which fake projects will not bother to do.
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tbterryboy
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October 24, 2020, 08:30:35 PM |
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Does Signature campaign increase ICO credibility? I see few good ICOs recently using Signature campaign to promote their private sale.
Being a newbie, I would like to know your thoughts through experience.
Actually if the ICO hires a good manager and execute it properly then there is a serious chance of both getting more attention as signature campaign are done for sole purpose of marketing and gaining attention from the community. Also it gains the trust of the investors if they pay out on time and everything goes smooth. But that said if the project owners hire an incompetent manager, I don't want to name any so if you hire such a manager and he unfortunately messes things up then you might lose existing investors instead of gaining new ones. If your project has potential and you do right marketing towards it then you can enjoy success but remember good marketing can kill a flawed project even faster so make sure you actually have your bases covered.
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BuNga_cute
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October 24, 2020, 08:35:41 PM |
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Unfortunately, signature campaigns will not increase ICO credibility, because to increase credibility depends on the project team. If an ICO project has the complete features that investors need, it will make the ICO project look real and will increase investors confidence. Meanwhile, signature campaigns are only a promotional strategy so that they are known to many investors and are expected to attract investors attention.
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DabsPoorVersion
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October 24, 2020, 11:54:18 PM |
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No, it will always be seen on the project itself.
Signature campaign is just a type of promotion to get in touch by more people in the crypto community. It is not being done to increase the credibility of the ico because the credibility will always depend on the project, their team, ideas, etc.
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plr
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October 25, 2020, 12:00:16 AM |
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If there is a poll almost 100% will answer no it will not increase credibility I have seen scam projects reported even though they have an existing bounty campaign or signature campaign and it was even handled by reputable bounty manager, in fact if the project is proven scam it could ruin the reputation of the bounty manager.
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Janation
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October 25, 2020, 12:52:49 AM |
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No, it will not increase the credibility of that signature campaign
In the past I do look at some of the signature campaign managers since most of them could identify if that certain project is legitimate or not. But to be sure, you should really know what they project is, what is their goal of starting that certain project and usually who are those people starting it. If you can't identify them yourself, better ask here in the forum.
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NoG-NoG
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October 25, 2020, 01:26:47 AM |
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I dont think signature campaigns increases credibility of an ICO but the help of this campaign is to promote and attract investors. Also, I think the credibility of an ICO still depends on the composition of the team developer and the project itself.
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Tipstar
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October 25, 2020, 01:37:19 AM |
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It's more like a form of advertisement than actually credibility. You can't trust something just because you see their advertisement in popular members of the forum. The forum in rare case has stopped obvious scam from running a signature campaign but it's not a norm. Signature campaign is one of the most effective form of advertisement as all of the views are from people who are already interested in crypto. They bring a good amount of view and conversion. That's why they are quite popular.
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Falconer
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October 25, 2020, 02:03:58 AM |
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Absolutely not, the signature campaign only promotes the credibility of the project briefly on various threads globally and many participants will be interested in joining the campaign if the credibility of the project is good and potential. The current most signature campaign of the JACS.tech bounty managed by the best Managers, this project is promoted in various threads and will get the attention of many investors community, I will review the reached of token sale will be released soon.
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bitcoin31
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October 25, 2020, 07:15:22 AM |
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Not all the project in signature campaign is good maybe they use only that way so they can become popular their project. I don't think it increase their credibility because a investors still make a research so it is uselsss for them if the project are not worth it to invest maybe they lose also money for advertising their project . The true project even they don't have more advertisement they become still successful if the people know about how is really worth that.
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Mighty_crypt
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October 25, 2020, 07:30:01 AM |
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The credibility of a new project belongs to the team and their profession and nothing can increase or decrease because the team are the only one that has true power over their credibility, signature campaigns are for spreading words about the project not adding credibility
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bitbollo
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October 25, 2020, 07:33:34 AM |
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Does Signature campaign increase ICO credibility? I see few good ICOs recently using Signature campaign to promote their private sale.
Being a newbie, I would like to know your thoughts through experience.
No, I don't think it's something valuable for a new project. It's like they are paying for a simple promotion. it's interesting if you receive a payment not in tokens but in BTC or any other top 10 crypto. Moreover if a project will pay with their token... it's a problem since you are going to receive a simple token without any track record (and at least a little chance to get scammed). Even if has a small value (example has been quoted in one exchange) most of users will dump their tokens received since they want always exchange for bitcoin or ETH (or exchange for FIAT!)
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Zazzu
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October 25, 2020, 07:47:08 AM |
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I believe it can, if the ICO manager is one of the high trusted members in bitcointalk it can add some credits to ICO because he/she would get negative trust if the ICO turns out scam or doesn't pay, but it is not true for newbies as bounty managers.
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Kunnu
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October 25, 2020, 09:43:20 AM |
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Only the real team and the reliability of their project can determine the credibility of any ico signature campaigns are only a way to promote the projects, which attracts those investors who remain active in this forum to find suitable projects to invest.
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mirakal
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October 25, 2020, 09:49:17 AM |
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Does Signature campaign increase ICO credibility?
Credibility is what people think of the project, anyone can run a signature campaign but there's no assurance it will improve their credibility, signature is more like an exposure of the project to the forum, and it's up to the potential investors to decide whether they put their money or they'll not mind the project. I see few good ICOs recently using Signature campaign to promote their private sale.
Being a newbie, I would like to know your thoughts through experience.
can you name some? I
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