Topic: Bounty alone is not enough - page 4. (Read 10929 times)
Bounties and Airdrop are also important parts to bring in investors. I think, gifts are a means of promotion that doesn't cost a lot. And I also think that what you convey is true. That is what must be considered by the project that forms the team with their respective duties.
Bounty is not enough that is why they need to attend to different meet ups and conventions to promote their project and tell the world about it to make it more successful.
Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .
The bounty job is temporary and I think we should not focus all on it. I have a outside job and I see that doing the ICO bounty is the job to make the bonus money serve for my living and bill. Now the crowd joining the bounty and the reward is less.
I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.
I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.
I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.
Using bounty hunters or airdrops to promote a project is very economical, cost effective and perfect. There are other means of marketing a project besides using bounty hunters. There are means of advertising on Twitter, YouTube and even this signature campaign.
Organising conference are good but that will be expensive to pull up especially for new projects. It is not even rational to leave a cost effective means of marketing for those ones that will gulp money from you when infact, the owner of the project is actually still praying hard to reach his soft cap
I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.
I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.
bounty and airdrop is a very effective media campaign on the internet. but not only that, I think the promotion must still be done in the real world such as gatherings, seminars and so on to attract new investors who have not entered the world of crypto. I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.
There are some other ways of marketing, that are more effective than bounty or airdrop, but there are do many reasons why bounty and airdrop might still be be included.
One of the main reasons is that, other means that will work fast and effectively well are very expensive. Which some project teams cannot afford.
One of the main reasons is that, other means that will work fast and effectively well are very expensive. Which some project teams cannot afford.
Yes. That's the truth. You cannot solely depend on bounty as a reliable source of income. Bounty alone isn't enough if you want to earn money because bounty rewards are now less. Gone were the days bounty rewards were great. With that, one could take bounty as a full job but not now. Times have changed.
Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .
The bounty job is temporary and I think we should not focus all on it. I have a outside job and I see that doing the ICO bounty is the job to make the bonus money serve for my living and bill. Now the crowd joining the bounty and the reward is less.
Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .
It's a target of the project so you can be more confident with the next step..
We ourselves as a bounty do have a very important role in the progress of the project,, But without the investor sitting along with the bounty hunter the project will also not be successful..
We ourselves as a bounty do have a very important role in the progress of the project,, But without the investor sitting along with the bounty hunter the project will also not be successful..
I will never say bounties and airdrops are not good enough to to advertise a project, hell no, I won't say that but truth be told, a project with a great ambition relying on bounties and airdrops alone to market its project will struggle other than a project that have seminars and conferences with investors with Founder or CEO available explaining things clearly. In fact, bounties alone ain't enough.
In my own opinion is that bounties would still be a good source of free marketing for the company or organization with coins to offer as investment. Many people and I mean a good number, a large number of people participated in bounties and were able to help boost the image and marketing of a project and propel it to success. So I think now is not the time to change the course of projects as far as marketing their respective projects are concerned. There are other ways to market but bounties should not be removed.
I do not agree with you and think you are missing the point bounty is a very good means of promoting any project we have signature bounty that target people in the crypto world and there is blog, social media even YouTube I think it's very OK and top cryptocurrency did it an reaped the reward
what is meant by the thread above, that bounty is not enough to promote a company. I agree with the theme of this thread. that the company must spread the news in the world by spreading on the famous site or the biggest so that they can see the company. like in investor forums, discussion of bitcoin etc. 
your though is very good. Indeed, only bounty is not enough for marketing project.
But, sometimes with bounty it can enough to advertise investors.
It is not only about advertising but it is about earning when you are working only with bounty and signature campaign you will not get enough money live better life so it is good to earn addition income with the help of using bounty and signature campaign it don’t need anything to invest but spend your time only. But, sometimes with bounty it can enough to advertise investors.
A lot of projects in the past, still succeed without bounties. Bounties is a great tool to promote the project and to create awareness of the project. However, the team itself has the responsibilities to make the project successful.
It poorly depends on a project, because some of them are just launching a token sale, without holding a bounty or an IEO. You need to be able to create enough hype around the project and people will invest in your TGE like insane.
If we measure the size is enough or not, indeed this human is never satisfied with something, but if you have an account that still has a fairly small ranking can be said is not enough to get big results, you better start investing or trading on some other coins
True and i still don't understand why they think bounty promotion is all they need for the project to succeed, it would even be better if they reduced the bounty pay out and use it to list on bigger exchange or for big advertising on platforms that can reach more people
You are absolutely right besides the bounty, there must also be other ways to promote a project, because I think only a few people really believe in investing on the internet, unless the project offers directly. to convince investors that it is not fraud.
Bounty is always effective when you are promoting project but it doesn't mean that you should rely on it if you are the owner. Many of the projects today are just paying for the bounty and they are actually rely on it which is not good for the project. Marketing should be done in different ways. Products and services is also a means of getting customers and investors.
Bounty as the only way of marketing will never be enough.
Bounty as the only way of marketing will never be enough.
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