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Topic: Bounty alone is not enough - page 14. (Read 2227 times)

member
Activity: 1540
Merit: 68
March 26, 2020, 12:59:07 PM
#69
Referencing your subject, i think it depends on how you view it.

On a marketing side, except a project lists on binance (who offers exclusive marketing skits) i think projects need Bounty hunters for marketing purposes.

It might be in form of an Airdrop or a contest or a full blown Bounty campaign
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
March 26, 2020, 12:07:24 PM
#68
It all depends on the project marketing team, but I see quite a lot of projects that do marketing well and there are no problems with it so far. The project opened a bounty campaign not only to find investors but also to build their community stronger

I have seen a huge marketing campaign and projects that created a huge community but end up dying in the end, you can build a big community you can hype a coin but if you have a platform that will not be adopted this kind of project is going to fail and we have a long list to prove that, and big numbers are gone.
 
sr. member
Activity: 2310
Merit: 332
March 26, 2020, 11:12:15 AM
#67
This is why good projects attend a lot of crypto events and network with people.

This is true to say that most project have succeeded majorly after bounty ends because the ground has been created, they now do team marketing and strategy to further push the project outside the walls of this forum. Some just do airdrops and list in high volume exchange as a strategy.
sr. member
Activity: 994
Merit: 261
March 26, 2020, 11:06:40 AM
#66
It all depends on the project marketing team, but I see quite a lot of projects that do marketing well and there are no problems with it so far. The project opened a bounty campaign not only to find investors but also to build their community stronger
sr. member
Activity: 1974
Merit: 453
March 26, 2020, 10:53:22 AM
#65
True, successful projects are projects with broad marketing strategies, which means they are supported by thousands of people who are promoting. Of course, big projects are still promoting through the bounty program because bitcointalk forums are easy enough to attract investors in all corners of the world.
Bounty campaign's attracts thousands of people especially in their social media, medium and content creation campaign. It's allowing them to give their reviews about the projects. Bounty will always will be a part of processing how big project will run.  Its process of gathering their supporters like in telegram which is a big help for them to spread the news more accurately.

Most of the projects dedicate only a very small portion of the total pool for the bounty (usually anywhere from 0.5% to 2%). This is very inadequate, as the bounty campaigns play a very large part in deciding the final outcome of the project. IMO, at least 10% of the total pool should be dedicated for all the promotional activities, including the bounty campaign. The promoters should not become too greedy.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
March 26, 2020, 10:50:51 AM
#64
It has always been so. Most of the truly good projects have never run a bounty campaign because they did not need it.
They, as a rule, already had their own external investors, who covered the main capitalization. Everything else fell on the classic types of marketing.
hero member
Activity: 2268
Merit: 507
March 26, 2020, 10:38:06 AM
#63

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 is not the main factor why investors will invest, it's just one of the factor, the one big factor that can make investors invest in a project is the project itself, does it has usage for the community, what will it contribute to the community, will the investors' guaranty to get their investment with profit at the right time if these are all absent no marketing can make them invest.
The main factor should be how strong fundamental that owned by the project but the bounty helps the project to spread awareness to the others from another community to be aware with this project. The use case is also the main consideration to determine it's really worth to invest or not. The combination to create a perfect marketing is really needed and project must use combination from various marketing ways.
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
March 26, 2020, 10:28:13 AM
#62
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.

Well the hype from the popularity you speak about also contribute to the amount of funds following into the project as the more people get to know about what you sell, the greater your chances of getting more patronizers. Bounty was initiated to create awareness by concentrating on special areas of the internet to spread the message about the project been advertised either in written form or visual form.

It effect is mostly felt indirectly as not the promoters are usually the Investors instead because they advertise for the project that hires them, the news of the project spreads arouyand creates an opportunity foew more viewers to get aware of the project been promoted.
hero member
Activity: 2926
Merit: 567
March 26, 2020, 10:17:56 AM
#61

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 is not the main factor why investors will invest, it's just one of the factor, the one big factor that can make investors invest in a project is the project itself, does it has usage for the community, what will it contribute to the community, will the investors' guaranty to get their investment with profit at the right time if these are all absent no marketing can make them invest.
sr. member
Activity: 882
Merit: 253
March 26, 2020, 10:09:03 AM
#60
True, successful projects are projects with broad marketing strategies, which means they are supported by thousands of people who are promoting. Of course, big projects are still promoting through the bounty program because bitcointalk forums are easy enough to attract investors in all corners of the world.
Bounty campaign's attracts thousands of people especially in their social media, medium and content creation campaign. It's allowing them to give their reviews about the projects. Bounty will always will be a part of processing how big project will run.  Its process of gathering their supporters like in telegram which is a big help for them to spread the news more accurately.
member
Activity: 1274
Merit: 12
March 26, 2020, 10:08:03 AM
#59
Right. I agree that if a project wants to get a lot of investors and their tokens are sold according to the target, don't just rely on the bounty campaign. indeed the gift campaign is one of the best ways but in terms of other promoters such as holding a kind of seminar in promoting their token sale and many other ways that can be done so that the predetermined goals can be achieved to the maximum.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
March 26, 2020, 09:45:41 AM
#58
every project certainly needs a promotion to be known by many investors. by promoting it, of course, investors will study a project being promoted. and I think the main goal in that direction. so that investors can explore it, and if it feels good, then they will invest, therefore I think between bounty and project developers should be a symbiosis of mutualism



full member
Activity: 854
Merit: 101
March 26, 2020, 09:36:51 AM
#57
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 some of your insights about bounty campaigns but I think your view about the bounty is limited to hunters doing social media tasks. There are some bounty campaigns that directly target investors, like referral system where participants invite and encourage possible investors to the project. This mechanism would be a great way for a project to encourage investors.
full member
Activity: 531
Merit: 100
March 26, 2020, 09:13:42 AM
#56
I think bounty project is a good way to attract any investor. I think the problem is not on bounty project or bounty hunter. The problem is investor already lost attention to cryptocurrency. The hype of cryptocurrency gone and investor seek other oppurtunity.
Agree with you, investors are no longer interested in new projects because in the last 2 years new projects have continuously failed and made many investors lose money. So now, if new projects do not implement IEO, they will surely fail. Bounty will not be able to help investors to participate in new projects.
hero member
Activity: 1680
Merit: 506
Trphy.io
March 26, 2020, 09:04:56 AM
#55
True, successful projects are projects with broad marketing strategies, which means they are supported by thousands of people who are promoting. Of course, big projects are still promoting through the bounty program because bitcointalk forums are easy enough to attract investors in all corners of the world.
member
Activity: 749
Merit: 13
March 26, 2020, 08:28:08 AM
#54
Of course it is, because very few investors come in the project only because of the bounty, so each project should develop its own marketing and of course, it’s best to conduct IEO on top exchanges and then there will be no problems with investors.
IEO in good and big market is not an easy thing. Perhaps the main factor is how the project itself in developing the project. Good Team also very important. Sometimes people just can create thing but lack in marketing and advertising
sr. member
Activity: 1092
Merit: 284
March 26, 2020, 08:25:38 AM
#53
A good investor will never look to the promotion way when he chooses an investment place and he never use his lusty to tempted against the project which offer a lot of profit. But a good investor will loom to the project itself. He will choose if the project is really good for crypto environment.  And the project will take mass adoption for crypto currency world. So I just guessing it is not about bounty campaign but the investor itself because it will give many thing.

Well indeed investors will choose the best project for long-term investment, they will how will look ahead to the development so that it can be called a project that will run in the future.
I also think that if a large investor will not look at a new project, but an old project that is still going well on his coin exchange, there will be a large investor playing the price on the exchange.
member
Activity: 749
Merit: 13
March 26, 2020, 08:21:40 AM
#52
You are absolutely right,it's not the best but at least bounty hunter is like bridge to convey message to investors for more curiosity. However in the present lot of project judge bounty hunter as trash in the end of campaign. It looks pathetic because the bounty hunter only considered the dumper but if marketing and team strategy nice could certainly cope with the dumper of the bounty. Bounty hunter is worth getting a salary from their work.
legendary
Activity: 2492
Merit: 1018
March 26, 2020, 08:15:09 AM
#51

Bounty hunters are just part of the campaign to introduce the project while the team is looking for investors for their project development. The promotion will continue after the bounty campaigns which is why teams does have their own marketing executive who does have a team of its own for internet and SEO marketing.

The marketing continues after the IEO or ICO, marketing never stops which is why some projects even when they did a campaign a year ago, they will do another campaign few months later.
full member
Activity: 1330
Merit: 147
March 26, 2020, 08:07:51 AM
#50
A good investor will never look to the promotion way when he chooses an investment place and he never use his lusty to tempted against the project which offer a lot of profit. But a good investor will loom to the project itself. He will choose if the project is really good for crypto environment.  And the project will take mass adoption for crypto currency world. So I just guessing it is not about bounty campaign but the investor itself because it will give many thing.
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