Bounty alone is not enough - page 12.

Ezravdb

hero member

Activity: 1680

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Trphy.io

Quote from: odukoyaewatomi27 on March 25, 2020, 04:40:57 PM

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.

I agree with your opinion, a project that successfully attracts investors is a project where teams often attend Blockchain events in various countries. When participating in an Event the project team directly introduces the product or project excellence to investors so that it can easily attract investors.

amonymous

full member

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You are right bounty campaign good ways for called more investors with giving project information day by day. But this time social media promoting no have value because amount of investors low in this time. So signature campaign giving more help for called smart investors i suggest it every project need choice signature for promoting their project

Inosend

copper member

Activity: 299

Merit: 1

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.

Bitum

sr. member

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bitonator.tangled.com/join

"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" - That is not entirely true, bounty is not just posting on the forum, it usually includes many social channels, such as FB, Twitter, Youtube, LinedIn, Medium, Steem etc. And such posting see a lot of people and maybe potential investors. But good projects do not need this, or do not need such a large scope. They'll get his money without a bounty anyway

reallester

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http://Moonbet.io

Quote from: odukoyaewatomi27 on March 25, 2020, 04:40:57 PM

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.

This is such a great piece. This is just what I reminisced about a while ago. Bounty truly is not enough to gain audience, traffic and real investors for a cryptocurrency project. Well this is not to dispute the fact that bounty in one way play a role in project development. But it isn't enough to get a real investor to a project. Reason we see projects hosting events, attending events and meeting people including potential partners and investors. We also see projects hosting AMAs and Ambassador programs. These are a few ways also.

DU18

sr. member

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Binance #SWGT dan CERTIK Audited

Quote from: Destroyeroff98 on March 28, 2020, 11:10:35 AM

This forum is also read by many investors and analysts. Therefore, the bounty campaign is effective in promoting the token.
Also an important part is advertising in other places.

After Satoshi nakamoto created bitcoin he certainly thought that if the digital currency lovers community had to be combined in one forum so that bitcointalk was created as the first forum in the world to discuss and introduce digital currency to the world, although now there are many discussion forums on cryptocurrency but bitcointalk is a forum the biggest there is, so, it is not surprising that many investors or traders are active in this forum, and that makes blockchain company developers hold a bounty campaign in this forum, so that they can make their projects more famous and make investors interested in participating in ICO and IEO projects Even though there are many bounty projects that don't benefit or deceive bounty participants, I believe that the blockchain project developers still need bounty participants to promote their projects.

mdzahed134

sr. member

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SOL.BIOKRIPT.COM

Quote from: skeleto88 on March 28, 2020, 11:03:57 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.

Projects endorsement is big thing because it’s a best way to attract investors than publicity and bounty hunters, definitely it is help to find investors, so i think a successful project behind bounty provided efforts. Yeah, privately endorsement projects are capable to success without conducted bounty campaign. Binance endorsement mostly projects didn’t conducted bounty.

Ozero

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Chainjoes.com

In order for the new project to be successful, everything is important here: the organization by the ICO team of marketing, the work of the bounty hunters here on the forum and on social networks, and of course, the novelty of the idea, the necessity and prospects of the project itself. If the project is bad, then how many do not advertise it, investors will not invest in it. Especially at this time, when investors learn from their mistakes for the third year in a row in the absence of a significant and long-term growth in the cryptocurrency market. However, the work of bounty hunters is still very important and many investors come to this forum as guests.

pacman7331

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Quote from: Destroyeroff98 on March 28, 2020, 11:10:35 AM

This forum is also read by many investors and analysts. Therefore, the bounty campaign is effective in promoting the token.
Also an important part is advertising in other places.

Yes, you are right. Whoever expert in crypto investing they mist follow and read this forum before buying any coins! Therefore all the well-known platform like Coinmarketcap, Etherscan asks Bitcointalk ANN thread as a reference! So, Signature bounty helps to catch an investor's eyes! Therefore social and content bounty increase the community and activity and it spread widely! So, the only bounty is not enough but it promotes a project widely!

kaneki007

sr. member

Activity: 1190

Merit: 257

Bounty hunters also play a role in helping promote a project, and I often see some of their social media that have followers that I see are investors or traders. And indeed to promote the project can not only rely on the bounty campaign, they also have to do other things to be better known by many people such as placing advertisements on the website.

Destroyeroff98

full member

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This forum is also read by many investors and analysts. Therefore, the bounty campaign is effective in promoting the token.
Also an important part is advertising in other places.

skeleto88

member

Activity: 224

Merit: 10

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.

thesmallgod

full member

Activity: 1498

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This is true but many of them always look for the best and affordable way to promote their projects and that is exactly the reason why they always go for bounty hunters. In some cases, the hunters are parts of investors too and I have discovered that bounty hunters disseminate information through the internet very fast and abundantly that the information are crawl by search engines which bring more investors

bison

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SmartFi - EARN, LEND & TRADE

Quote from: litepool.ru on March 28, 2020, 09:30:25 AM

Quote from: ife2020 on March 28, 2020, 06:43:32 AM

If we consider the aspects of crypto currency developers, i would say that running a bounty program is not enough, you need to further create and maintain an enabling community that can grow your products.

Because having a large community members of bounty hunters helps no project to be frank.

There have been many poor quality projects implementing bounty to promote their projects and attract investors, and as a result those projects are dead and unable to continue. Promoting the project is a necessity, but if the project is not of good quality, it will not exist

unfortunately, the assessment of good and bad projects cannot provide certainty. everyone who does the analysis can have a different opinion. until now I think the bounty campaign is still a good solution for promotion to investors even though the percentage of success is also not large.

Malam90

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Quote from: odukoyaewatomi27 on March 25, 2020, 04:40:57 PM

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.

Correct. Depending only on bounty hunters doesn't qualify enough investors. It depends much on the marketing capability of the team and their performance. Signature campaign in this forum plays a vital role to draw attention of the investors. If higher ranked members join a signature, investors are keen to that project.

litepool.ru

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Quote from: ife2020 on March 28, 2020, 06:43:32 AM

If we consider the aspects of crypto currency developers, i would say that running a bounty program is not enough, you need to further create and maintain an enabling community that can grow your products.

Because having a large community members of bounty hunters helps no project to be frank.

There have been many poor quality projects implementing bounty to promote their projects and attract investors, and as a result those projects are dead and unable to continue. Promoting the project is a necessity, but if the project is not of good quality, it will not exist

Btc_1856

sr. member

Activity: 1540

Merit: 255

Quote from: kickdapa on March 28, 2020, 08:11:07 AM

Quote from: TheICE007 on March 27, 2020, 12:01:51 PM

I think I quite agree with you, the project team needs to have a strong marketing team and also need to create crypto invests that will attract investors but that being said,bounty hunters play very important role in publicising the project,most crypto investors get to see these projects and the hype will attract them to making research. Bounty hunters are also helpful.

Honestly, if the project had a great marketing team, they wouldn't need to have bounty. And their projects will surely get noticed by their projects in cooperation with major exchanges and investors. Only weak and unqualified projects do bounty to attract investors here, which is why we see very few successful projects in 2019 and this year.

Even companies like Aternity, Tezos, Binance conducted their bounty promotions during at the time of their ICO, not only marketing team they need to have an efficient development team and it will surely help them to get more awareness about the project. Of course, many bounties scammed the investors and bounty people without any further day.

TopTort777

legendary

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Quote from: fuer44 on March 28, 2020, 08:36:21 AM

that the promotion carried out by the bounty hunter through the bounty campaign will only be within the reach of other bounty hunters or other crypto hunters

That is not always how things happen. Some of the bounty hunters consider bounty as an instrument to get a demo of a product and use received altcoins to test service. If they like it, they can spread the word to masses.

Take for example scam project Miracle Tele. I’ve told some of my colleges (they are far away from crypto) about it (cheap mobile communication with option to earn (their stacking program). You buy once, then use profit from stacking to pay for mobile services usage - aka free mobile internet + sms/talking. Some of them event considered involving into the project. To bad the project scammed

jhonjhon

full member

Activity: 1316

Merit: 126

Popularity is very important when you running into business and gaining clients but then, it was a big challenge to acquire and surely it was a big job to do.
Having bounty to promote their project is making a way also to gain popularity but with the past bad market reputation against IEO/ICO, it gonna have a different approach. It needs more market strategy and needs more people to work on it.

fuer44

sr. member

Activity: 1652

Merit: 262

SOL.BIOKRIPT.COM

yes, it is true and that's a fact that cannot be denied. that the promotion carried out by the bounty hunter through the bounty campaign will only be within the reach of other bounty hunters or other crypto hunters and not necessarily one of them is a big investor, although this does not exclude the possibility. but the best way to get large investors is, the marketing special team of the project to promote directly to investors, meaning door-to-door. so that way, we can be sure whether the project is feasible to proceed or not. after that, submit everything to the bounty campaign.

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