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Author Topic: What Is Bounty?  (Read 288 times)
JrRini (OP)
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February 10, 2022, 08:39:56 AM
 #1

Bounty is a kind of marketing system or marketing through social platforms. To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.  The new one actually takes its place in the market by introducing it to everyone.
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February 16, 2022, 01:49:38 PM
 #2

A crypto bounty is a reward obtained from a cryptocurrency or blockchain project, generally in the form of a token or coin of a particular crypto asset. The token, which can also be used for trading, can also be exchanged into fiat currency. However, to get a gift in the form of free tokens or coins, one must perform certain tasks first. The concept is similar to barter, where the company will give a gift to the individual and the individual must complete the task given by the company. The form of duties and the number of rewards that will be given to these users may vary, depending on the policies made by the company.
Basically, crypto bounty is part of a marketing strategy to assist crypto startups in promoting their projects. With crypto bounty, it is expected that there will be many people who know and are interested in investing in a crypto asset project.

Sorry if it's too theoretical 🤭😁. Maybe someone wants to say it?

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February 16, 2022, 02:12:58 PM
 #3

Bounty is a kind of marketing system or marketing through social platforms. To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.  The new one actually takes its place in the market by introducing it to everyone.

IMO, I think you make it more complicated Mate, the word bounty is a noun a term for a particular reward in exchange for an accomplishment or a task, But in the crypto industry, it is a kind of a marketing process to promote a particular crypto project in the social media, blogs, and forums, etc. and the cheapest form of crypto marketing for the newly created projects in the market to raise some funds through an ICO, IDO, and IEO.
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February 16, 2022, 02:13:26 PM
 #4

To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.
I think you have a wrong word on this sentence. Why remove it if you're doing a bounty and marketing through social medias?

The new one actually takes its place in the market by introducing it to everyone.
There's always a new bounty that exists.

But people should also remember that not all of them are successful. Many of them aren't even close to success and that's why you need to be good in picking.

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February 16, 2022, 02:57:39 PM
 #5

What you said is a task that must be done by every participant who joins a project.
Bounties is a program with the aim of promoting the project and each participant will be rewarded in the form of tokens according to the rules provided by the project.

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February 16, 2022, 03:00:46 PM
 #6

Broadly speaking, a bounty is a gift .But if what you mean here is bounty crypto means marketing a project either on social media or forums by doing certain tasks that must be done within a predetermined time to get a reward in the form of tokens or USD, but sometimes there are also bounties that called a scam because the project does not pay the bounty participants for reasons that are not clear.

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February 16, 2022, 05:02:22 PM
 #7

... and share it to make the token viral in that project and reach out to everyone.

They run bounty campaign not to make it a viral token and yes to reach out to possible investors. Here's the thing about bounty campaign, most projects that would like to run bounty campaigns are new or startup projects who's coin was not yet listed or still on pre-sale stage where they don't have yet investors or money to fund their marketing and they run bounty campaign and use their own tokens to rewards the users so they would have an initial advertisement or marketing.

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February 16, 2022, 05:29:10 PM
 #8

Good to know the different definitions of bounty by different users here. The definitions are all correct.

But I want to know if the word "Bounty and also signature campaign " as related to crypto originated from this forum.

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February 16, 2022, 09:39:57 PM
 #9

Bounty is a kind of marketing system or marketing through social platforms. To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.  The new one actually takes its place in the market by introducing it to everyone.
There are a lot of ways to receive bounty and not just about marketing the project, some project give their bounty for just a simple share and likes and the other projects are really asking for you to participate on their campaign and help them advertise the project. Bounty is really a big help, I started as a hunter and I'll remain a hunter because this is really profitable at a low minimum cost on some part.
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February 16, 2022, 11:07:12 PM
 #10

The term bounty is used, for example, to refer to a reward for helping find bugs in software. However, when it comes to bounty on Bitcointalk, it does include a reward for participating in a promotional campaign of some project. A bounty campaign rewards can be obtained by promoting a project, for example by using our profiles on social media platforms, by writing articles or creating a promotional video. So basically it's just a reward for helping with marketing and usually is paid in tokens issued by the project we support.
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February 16, 2022, 11:08:53 PM
 #11

Bounty is actually a medium of propaganda. This bounty campaign is used to promote. We have seen that the Bounty Campaign is tasked with promoting through various social media. Such as Twitter, Facebook, Instagram, Telegram, Medium, Article, Blog, Video, etc. So complete it is a media marketing system. This campaign seeks out large investors. And invests in projects.

actually, bounty not just a media to promote project of some crypto. Sometimes bug hunter are include in that bounty, just like in "Bounty Hunter" in real life. You have 1 enemy, and then you want to kill him, but you dont want to kill him by yourself so you hire a bounty hunter.

The bounty hunter in this case, they get pay with the token/coin from the project because they help the owner to promote the project.
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February 17, 2022, 04:35:32 AM
 #12

The thing is everyone which join in this forum already know what is Bounty especially they're visit Altcoin sections.

I think you're not give really accurate explanations on your post, let me add a bit. Bounty is a marketing advertisement trough social media or forum with their own coin/token created out of thin air as the reward and they're looking for investors invest in their project in order become rich. After they got some investors they rug pulled their project and the reward distributed become worthless.

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February 17, 2022, 06:09:37 AM
 #13

Bounty is a kind of marketing system or marketing through social platforms. To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.  The new one actually takes its place in the market by introducing it to everyone.
Mostly know Bounty as easy definition of making money here in forum. Yes Im pretty sure 80% of new joiners here are probably goal is to earn from bounty. This is a field where money does exist if you knew how to select and pick a good campaign. However, it doesnt mean also that you are gonna earn from it on doing marketing and promotional activity since some of these projects pose to be scam if your not careful. So better to learn how to identify these good projects by heavy due diligence and deep research.

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February 17, 2022, 07:57:38 AM
 #14

Simply put, it is a program that projects can create to spread the project to more people. And will be paid according to the coin/token from that project. Perhaps now bounties no longer bring good returns than they used to, but it has always been an effective approach when it comes to project-user interaction.

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February 17, 2022, 09:09:02 AM
 #15

A few years ago, you could make good money on this when it was a big boom. Now, this is a certain payment for your work on promoting projects in social networks, creating content, and so on. Everyone has become smarter and the pay leaves much to be desired. Yes, and you can unknowingly promote an initially bad project, the team of which has everything planned initially for one goal to fill their pockets in any way. Now there is still an ambassador theme, where everything takes place directly without a forum. The meaning is the same, content and testnets, but the principle is the same, promotion. So to find a promising project, you have to try.

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February 17, 2022, 10:25:35 AM
 #16

Bounty is a kind of marketing system or marketing through social platforms. To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.  The new one actually takes its place in the market by introducing it to everyone.
The marketing system is not limited in the age of technology, it was created to make it easier for people to market anything related to the project, but not all countries reach the marketing done here, except using social media as a tool to reach this marketing, try to pay attention to what people see from signature campaign, not even all countries actively follow this platform, but there are other steps that can achieve the desired results from this marketing, technology, sophistication and the internet system is a network that really supports all of this running.

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February 17, 2022, 12:49:09 PM
 #17

Well if you are a project manager than definetly i must say ,It is the best short way to Promote and hype your project, not only these it will also increase your community members and with such high demand your project is ready to fly On the other hand if you are BOUNTY Hunter then it is also a win-win situation , doing some little post you can earn great but Remember these is not the time of 2017 where every campaign pay you It is better to do your own Research before joining Any Campaign that's my Suggestion

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February 17, 2022, 07:22:30 PM
 #18

In simple terms, the definition of a bounty is a gift offered by the project management group as an incentive for people who are willing to promote their project to be more known among the public and usually the prizes they give are in the form of BTC, USD or the project's coin in return.
Bounty campaign's are different from a signature campaign. They are usually located on the altcoins section and obviously they will pay tokens there. During the hype of stable coins and bnb, many bounty campaigns have then learned to use them and it was also demanded by the bounty hunter's because they can easily sold it once they receive them.

The chance of a bounty hunters being scammed is now lesser if they will receive those coins and not the projects tokens. Choosing an experienced bounty manager is also a must for the success of the bounty hunters and also the success the project's because they know well what they are doing.

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February 17, 2022, 08:42:02 PM
 #19

~
You tell me, there's that user in B&H that I replied regarding that s/he just wants to earn from SCs and writing articles. I stopped visiting Bounties section after I just did a "dip" of an attempt in one of the airdrops there and it tried to phish me.
Pretty sure that many of those 80%, you're even mentioning don't even care about the forum at all.
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February 17, 2022, 09:13:31 PM
 #20

Bounty is a kind of marketing system or marketing through social platforms. To promote a project on a project, you have to remove that project through different social platforms and share it to make the token viral in that project and reach out to everyone.  The new one actually takes its place in the market by introducing it to everyone.

Bounty are means in which project advertise to the community to help create more awareness about their projects. This promoters receive tokens as compensation for their works. Participants can easily exchange their tokens to fiat when they get listed on exchange but usually that is the most challenge to the bounty industry.
They do not get listed on exchange for hunters to be able to sell and get rewarded for their work down. Bounties are slowly becoming unproductive and will soon stop been active.

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..PLAY NOW..
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