Bounty alone is not enough - page 13.

Furious 7

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https://duelbits.com/

Quote from: White Christmas on March 27, 2020, 11:04:48 AM

Bounties are still good or fit into crowd sourcing but the thing is it is not even really fit to attract many investors way back then it is already an issue but still they are trying their best to attract more investors to the help of gambling which is very hard. But the thing is that it is very hard especially right now that the situation of the bounties are not in a good shape, do you think the investors will come to invest if they will see that the even the bounty are not in good situation?

I don't think the bounty is in a bad situation, even it's just my project that can't attract investors to come back again, because now they know that there is always a large amount of waste when entering the stock exchange that makes investors no longer interested.
Therefore, developers should be able to maintain their tokens as much as possible when entering the exchange so I think this is not a good situation in the bounties.

kickdapa

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Quote from: TheICE007 on March 27, 2020, 11:01:51 AM

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.

NavI_027

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Quote from: odukoyaewatomi27 on March 25, 2020, 03:40:57 PM

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.

You already nailed it! Exactly, projects/services get even more popular with help of bounties especially if it is done in a place with very high population like this forum. And for me, that's a big thing already because you directly hitting your objective as a promoter — introduce your work to as many as you could. Actually, I think there's nothing to lose for them when they make bounties/sig campaigns here in the first place simply because for sure the money they allocate here is just the tip of their total fund Grin

. So for me, it is all worth it!

ife2020

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Are you kind to your neighbor? Think it through

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.

coinfinger

sr. member

Activity: 1638

Merit: 278

This bounty campaign can go a long way to help a project, and yes only bounty campaigns are not enough, but they can really help the project and spread information about it. No matter how good the team that are running the bounty is, if they are not able to promote their business through several means such as bounty campaign and social media campaigns they will be heading no where trust me.

Even projects with a bad team have been able to gain investors through these campaigns. So, a good project does not only need a good team, it also needs that publicity. There’s more to this and that’s a whole article and I do understand where you’re heading to.

Anonylz

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Quote from: pgbit on March 27, 2020, 10:57:50 AM

Quote from: Mulann2 on March 27, 2020, 10:27:25 AM

Nobody ever said doing bounty alone is enough to attract potential investors, one of the reasons I think project owners conduct bounty is to build an active community, have good supporters, bounty is just a part of the marketing and it is some how cheaper with many participants than other form of marketing.

You are absolutely right! Bounty is to build a strong and large community! All the project's social followers come from bounty campaign, therefore all those retweets, contents help the project to come in the front page of google! Therefore it can bring some investors too!

Couldn't agree more, bounty campaign may seem irrelevant to some people but believe it or not it plays an very important role in promoting any good project to reach the desired audience,
Especially the social media campaign, this type of campaign have the capability to reach a huge number of people from different locations and works of life, it is a very effective tool in promoting a project,
I thinking bounty plays a significant role and should not be under estimated.

mdzahed134

sr. member

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Buzz App - Spin wheel, farm rewards

Yep Bounty isn’t enough power to promotion for all of new projects. I don’t think too much people's reached the hunters likes,comments,shares and posting regarding which projects in the social platforms. Mostly real investors are attracted from another ways. Hunters followers are mostly fake and inactive users so these promotion aren’t effective. And bounty hunters can't represent properly.

Maestro75

sr. member

Activity: 1960

Merit: 329

Quote from: odukoyaewatomi27 on March 25, 2020, 03:40:57 PM

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.

This is not completly true. The teams know what they gain from the spread bounty hunters give their projects. If there is nothing achieved by hunters I do not think the teams will be asking for the services of bounty hunters to run their adverts across various social media. Even projects which run signature campaigns on this forum have gains they record because a range of investors visit this forum on daily basis to seek projects they can invest in.

Iyanu14

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Quote from: odukoyaewatomi27 on March 25, 2020, 03:40:57 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.

Though bounty hunters didn't hold it all in term of project promotions, however, the impact of hunters cannot be overemphasized. This is the largest community of crypto. Promotion on social media and other platforms go a long way in bringing both crypto and non-crypto spheres investors. Hunters can promote a particular project as well as bring it down.

Winscosinally

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Right from the beginning it's not always about bounties only, what most team lacks is good marketing strategy, if a project failed today it's the teams fault not bounty hunters, and if new project want to raise find nowadays they have to use exchange but because some exchanges have low listing fee they pay up not knowing that top exchanges are the best

White Christmas

sr. member

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★Bitvest.io★ Play Plinko or Invest!

Bounties are still good or fit into crowd sourcing but the thing is it is not even really fit to attract many investors way back then it is already an issue but still they are trying their best to attract more investors to the help of gambling which is very hard. But the thing is that it is very hard especially right now that the situation of the bounties are not in a good shape, do you think the investors will come to invest if they will see that the even the bounty are not in good situation?

TheICE007

full member

Activity: 646

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tozex.io

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.

pgbit

sr. member

Activity: 771

Merit: 258

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: Mulann2 on March 27, 2020, 10:27:25 AM

Nobody ever said doing bounty alone is enough to attract potential investors, one of the reasons I think project owners conduct bounty is to build an active community, have good supporters, bounty is just a part of the marketing and it is some how cheaper with many participants than other form of marketing.

You are absolutely right! Bounty is to build a strong and large community! All the project's social followers come from bounty campaign, therefore all those retweets, contents help the project to come in the front page of google! Therefore it can bring some investors too!

pgbit

sr. member

Activity: 771

Merit: 258

Trident Protocol | Simple «buy-hold-earn» system!

Absolutely! Bounty brings a certain amount of investor and rest of all investors comes from partnership and through the team's approach! In 2017, AMLT team said bounty hunters brought 500 investors for our project, we are grateful to them! So 300- 500 investors are a good number for any project!

Mulann2

member

Activity: 686

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Nobody ever said doing bounty alone is enough to attract potential investors, one of the reasons I think project owners conduct bounty is to build an active community, have good supporters, bounty is just a part of the marketing and it is some how cheaper with many participants than other form of marketing.

bitgolden

legendary

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Leading Crypto Sports Betting & Casino Platform

It is something tough, maybe bounty is not really enough, maybe you need a lot more stuff, but bounty is the thing that you need to do to start.

Yes, you need to have a good idea, good roadmap, good white paper, good team, good developers, good ceo, good promoters, good relations with exchanges and many other good stuff, all of them combined makes you a great currency, with one of them missing you are not going to be a top coin, however if you remove bounty hunters than all of them are worthless, bounty hunting is what you pay the bounty hunters to actually get your name heard, get your currency known, if you do not pay them, how are you going to market your project to masses? Are you going to advertise on google and youtube? You need bounty hunters as the number one thing first.

gundala

full member

Activity: 896

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Really good and quality projects with good planning and funding, often do not hold a bounty campaign. The dev team is very confident in the quality of the project and its products are able to attract investors and form strong market confidence. But that does not mean that projects that hold bounty campaigns are not good, it's one way to disseminate information and form a wider network.

wingfield_crypto

jr. member

Activity: 140

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It is true that projects through bounty campaigns are promoted more for bounty hunts. The project team and its good management are the key elements for promoting the project, but it is not everything. The investor will invest, only if the project is prospective, and the whitepaper is very important.

Flickkk

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Bounty Detective

Quote from: odukoyaewatomi27 on March 25, 2020, 03:40:57 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.

Some ICO uses ads to attract investors.
But some only post their logo on the screen and didnt show any pros to their projects.
So it is really hard to determine a promising project.
They only have a small chance to have a good price if they have a lots of vote from a know trading site .

akwfleaspirit

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Merit: 10

Bounty alone is definitely not enough, 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.

Topic: Bounty alone is not enough - page 13. (Read 2288 times)