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Topic: Bounty alone is not enough - page 11. (Read 2288 times)

full member
Activity: 812
Merit: 100
March 29, 2020, 01:34:30 PM
Choosing a bounty campaign as a way to promote their project is certainly the right and efficient thing in my opinion because if a new project develops, it will be very difficult to pay the promotion costs in another way because promotion usually requires a lot of funds, and the method of paying cash before promotion is done but if the aforementioned developer promote their project in the forum of course the funds needed are only a small amount and also usually the payment for bounty participants is done after the project sale is complete, and that too if the project sales get softcap and if the softcap is not reached, the developer does not need to pay the bounty hunter work and of course it is very beneficial for the project developer.
I agree with you, bounty campaign is indeed an efficient promotional tool, but here is a bad side because efficiency is used by some evil developers to try their luck by making a project and then hold a bounty with the aim of being a promotional media only, after they hold a sale after that developer disappears, and now this often happens and in my opinion now projects that have funds in advance and use their funds for promotion are preferred by people because this is more reliable than projects that only hold bounties.
sr. member
Activity: 573
Merit: 250
March 29, 2020, 11:34:30 AM
Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale.
And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest.
Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people.
Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
Bounty hunters just sperate the words among all people, but all people can't be investor. We see the main effect when any coin listed exchange for long time. Before it any coin get success by high quality marketing or high quality team. Without real product or target gain, any project hasn't good future.
full member
Activity: 644
Merit: 100
March 29, 2020, 10:28:55 AM
Investors can come from anywhere. It can come from the Bitcointalk Forum, social media campaigns (Facebook, Twitter, Telegram and Instagram), articles and YouTube videos. This media form has a very important role to attract the attention of investors.

This is actually the best promotional medium to promote a company. So to determine the success is the seriousness of the team and the developer of the company. We hope that bounty hunters can be successful again because we have had a good past as of the year 2017.
sr. member
Activity: 1988
Merit: 453
March 29, 2020, 10:18:54 AM
If a project has no angel investors and no sponsors, I believe they will fail in the future. A big project will never depend too much on bounty, because bounty only helps their project become more popular. If they wanted to find investors through bounty, their strategy was wrong

The basic purpose of the bounty is to advertise about the project, through various social media channels such as Twitter, Facebook, YouTube.etc. And for emerging projects, there are hardly any good options apart from the bounties. A very few may manage to advertise using mainstream channels. But the vast majority of the projects may not have the financial strength to do something like that.
jr. member
Activity: 117
Merit: 1
March 29, 2020, 10:04:07 AM
Agree with your message but each reality social media promoting not now good ways for any project.
Those social media platform that its need to tweet or share can only be seen by other bounty hunters also since more of them are just following each other.
 Most of the truly good projects have never run a bounty campaign because they did not need it.
They already had their own external investors, who covered the main capitalization.
 trading, investing in good projects can actually also fetch good money, this is only when you look for the right project, will suggest old projects, doing bounty alone is not advisable, also offline jobs is also good, but if you can't get profitable offline jobs, then you can do Monday re of airdrops as well, if you have capital, go for trading cryptocurrency or invest in reliable projects or even hold some btc and eth long term.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
March 29, 2020, 08:59:21 AM
Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale.
And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest.
Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people.
Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
Bounty hunters has a main role in the bounty campaigns. They need to advertise the said campaign for it to have an investors. Without the help of bounty hunters, bounty itself wouldn't be successful. Bounty hunter is just a factor of a success. It still depends on the projects or the campaign itself. If the project is good, for sure it will acquire many investors. But if not, it might failed and might cause a scam for the bounty hunters.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
March 29, 2020, 08:41:25 AM
Well,the truth is the team seek for investors,here I mean their marketing team,they should have their own procedures of getting investors,but then the bounty hunter also creates awareness which cuts across crypto users and non crypto users,their hype sometimes is just too much not to attract investors,so I think both the team marketing team and the bounty hunters are very important to marketing a project.
If a project has no angel investors and no sponsors, I believe they will fail in the future. A big project will never depend too much on bounty, because bounty only helps their project become more popular. If they wanted to find investors through bounty, their strategy was wrong
copper member
Activity: 994
Merit: 4
March 29, 2020, 07:20:13 AM
Well,the truth is the team seek for investors,here I mean their marketing team,they should have their own procedures of getting investors,but then the bounty hunter also creates awareness which cuts across crypto users and non crypto users,their hype sometimes is just too much not to attract investors,so I think both the team marketing team and the bounty hunters are very important to marketing a project.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
March 29, 2020, 06:38:52 AM
Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale.
Company are aware of this mate and they are not new in this world thats why for sure they are not relying in bounties at all.
And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest.
the Post is not the one whos Inviting investors but the signature itself and we are here just to promote the sig though our obligation also to make good post to be able to be more attractive but thats Both the objective.
Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people.
in this part the legit and scam differentiate because the effort of legit team are indeed because there is concern about the project and not like scammers.

Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
and that is the main Objective of Bounty campaigns to promote the name and to Make investors familiarize about the said project.
full member
Activity: 1339
Merit: 157
March 29, 2020, 06:34:38 AM
Bounty can never be enough for a project to be successful or raise fund successfully, the project team are the one responsible for what happens to their project, they have to come up with better plans and good funds, all bounty hunters do is promote projects and how good the project is will determine how attractive it will be to investors
They've needed to come up with detailed and long term projections to attract investors in joining their journey. Not just bounties where most of the time hunters are only after with the rewards and not seriously working with the campaign.
Developers needs to make detailed long term plans from that point those who are going to ride will stay close and help them to achieve.
It's a big factor of how investors will stay close with the project so its really a big point of what will be the future plans of the team behind it. Some bounty hunters are also willing to invest if they know what are the future plans and capability of the projects. So its big percentage how the team/developers will run the project in the future. If developers and investors will work together, the project will attract more clients.
hero member
Activity: 1736
Merit: 501
March 29, 2020, 06:16:01 AM
During this prize hunters always play an important role in every campaign project, can not be seen only underestimated because the prize hunters are also willing to take the time to continue to promote each product of the project they are working on and live how the team from the project if both working together with maximum and often seen in various events will certainly be more and more investors are glancing.
newbie
Activity: 14
Merit: 4
March 29, 2020, 05:22:23 AM
Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
Yes, and the bounty hunters will also feel tired when they have promoted a bad project that is not liked by investors, so that it is not wasted time on a bad project, it is better to do research first, so the hunters will not feel sorry after promoting the project any.

So true, product potential and capability is very important.
full member
Activity: 1148
Merit: 101
March 29, 2020, 05:02:32 AM
Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
Yes, and the bounty hunters will also feel tired when they have promoted a bad project that is not liked by investors, so that it is not wasted time on a bad project, it is better to do research first, so the hunters will not feel sorry after promoting the project any.
newbie
Activity: 14
Merit: 4
March 29, 2020, 04:37:38 AM
I believe that most successful projects did not run any bounty programs to be able to get investors, I think they more on physical appearances such as conference, meeting with possible partners and investors to present their project efficiently. While there are some cases that the projects went successful by going through bounty campaign kind of endorsements.

I think you're right, but it's actually more complex than that. Investors have to come in, even before a project is announced. This allows investors to look at responses of the public, and do their due diligence before putting their money in the project. Most projects lack this kind of planning, especially projects that requires fund to kickstart.

I think the projects that went successful through bounty campaigns got the best record in 2017 ICO rush, hahas.  Cheesy
full member
Activity: 742
Merit: 102
Second Live
March 29, 2020, 04:23:58 AM
Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
The current market is very difficult and investors will not risk investing in new projects. In these days, I believe good projects are hard to attract investors, and it makes bounty much harder than before.
newbie
Activity: 14
Merit: 4
March 29, 2020, 04:13:24 AM
Not at all, for me bounty is just like a part time job that I do when ever am chance that's once in a while because most of the bounty don't turn out to be what they seems so I don't put all my time and effort into it.

Yes, too misleading these days for many projects. If the bounty is too much, it's probably too good to be true, if it's too small, not worth the effort anyway. Tough days
member
Activity: 784
Merit: 21
March 29, 2020, 03:55:40 AM
Only bad projects will fail to attract investors after bounty hunters promoted the project, that's why we have social media campaigns and signature campaign too
member
Activity: 434
Merit: 19
March 29, 2020, 03:22:44 AM
Bounty can never be enough for a project to be successful or raise fund successfully, the project team are the one responsible for what happens to their project, they have to come up with better plans and good funds, all bounty hunters do is promote projects and how good the project is will determine how attractive it will be to investors
newbie
Activity: 14
Merit: 4
March 29, 2020, 02:53:57 AM
the main investment and funds is brought in by the team's marketing and closing ability.
What if the marketing of the team totally relied on bounty? Then suddenly the project has gain all necessary funds needed for development, what will you called that? Good team of hunters? Its just depend also on how the bounty being handled. Some campaign manager are good to set their campaigns and even using alone hunter expertise on promotions they can see to it the quality of good marketing approach. But of course not all have the talents to lay out a good marketing but those who have experience only.

I think end of the day, it depends on the quality of product. Some products are so good and written clearly, investors take a look, and happily place their money there. Most projects have to try harder, to go for social events to promote their products face to face. Another set of skill all over again with PR skills and marketing capability
sr. member
Activity: 1246
Merit: 285
March 28, 2020, 03:31:01 PM
Bounty campaign is indeed not the only way that the dev team can do to develop their niche, this is only one way. The development team should not depend on this either, because the crypto ecosystem will automatically be attracted to a potential project with a unique product that is strong and functional.


And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest.

In fact, this is so, if it is not supported by unique product quality, customers will not be interested in trying, popularity is not good, then investors will not be interested.
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