Is Bounty Campaign a Sustainable way to grow your Crypto Community?

[bittick]

I have seen campaign rake in a lots of fund and support for obscure new project. Never underestimate what resources bounty campaign can make available for a project! In the long run, all that matters is growth and development with usefulness of idea been pursue in a project. Bounty campaign is one of the tools that can positively impact a project in cryptocurrency and beyond!

sincerely agreed because bounty campaigns results in the long run also getting heavily influenced by the quality of the projects itself because honestly there are also many projects that are unsuccessful even after having massive bounties because the quality shown from their project aren’t that great and at the end of the day most of the participants and the newcomers aren’t really interested because its not a promising long term investment.
the thing that matters most is the quality of the project itself because if it’s just some low quality projects, even if you hire the best marketing in the entire planets its gonna be having miserable ending just like any other obscure low quality projects out there.

[1715352018]

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[freedomgo]

I would say that bounty campaigns can indeed grow the crypto community, although there are many who doubt it. 
We need to know that with a bounty campaign, it will be easier for people to recognize the crypto projects we are promoting. In this way, of course, ordinary people or new investors will join the project, but of course it is not easy and there is no 100% guarantee that it will succeed. 
However, with this bounty campaign, from my experience, the average crypto community from the projects I participate in is mostly growing and getting more and more followers.

With the promotional activity that a bounty campaign aims, i can say that its one effective way of growing your crypto community through the contributions made by potential participants. But to rely it all alone from bounty campaigns, i don't think it will work all the time. The promotion should start on the content or substance on the project itself and if those potential investors will embrace the fact that the project's goals will meet the demand of the consumers, then the project itself will totally be a hit. Having a bounty campaign is just a second option.

[Coyster]

No doubtful, bounty campaigns draws a ton of attention to your community and enlighten potential investors about your project. But at the long run, is this development sustainable? Is it reliable enough to grow your project?

In the short period, bounty campaigns are great for projects, but since you're talking about in the long run then i would say it depends, now what does it depend on: everything rests on the shoulders of the project owners/managers, what they do after alluring investors for the short term, do they keep developing their project, or do they just reach a standstill, mind you that no matter how good your campaign is, if your project turns out to be bad or a scam, no investor would stay, thus everything falls back on the project, if it is a good one, then the development will definitely be sustainable, if it is bad, then it won't.

[Ozero]

In my opinion, I think it’s not sustainable if most of them are bounty hunters who are just thinking of the rewards rather than believing and supporting the project by heart. As you can see, bounty hunters are always asking in the main group like “when rewards”, “when distribution”, etc.

And also in the bounty program, I see unnatural comments and posts in their group, in which part of the bounty tasks is to regularly comment something “positive”. I can distinguish between natural and “unnatural” posts and comments from them.

It’s much better to grow the community organically because that’s where the true supporters are. Nothing wrong about bounty program that is one method of growing the community, as long they are supporting the project for real and not just having about the “bounty reward” mindset only.

That's a moot point. Ordinary advertisers also do not support what they advertise "with all their heart" and this is considered normal for this type of business. The potential of a new cryptocurrency project is difficult to determine and even more difficult to assess how effectively it will develop in practice. Indeed, the success of its development is influenced by many factors, including the professionalism of its team. Participants in signature and other types of campaigns have the right to determine for themselves what to do with the tokens received as a reward for their work. So far, this works, because the team of each new project first of all needs to advertise their idea and their token.

[aylabadia05]

To promote crypto projects, I think the bounties program is very good because the costs are not too big to be incurred. One part of the bounty campaign that very quickly spread project information through social media campaigns. If it's about the level of sustainability of this program for too long, it's not right for me.
Regarding its success, I think it depends on the development of the project.