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Topic: Bounty alone is not enough - page 15. (Read 2260 times)

hero member
Activity: 2926
Merit: 636
March 26, 2020, 07:44:35 AM
#49
Bounty is very effective, that is why until now we are still seeing a lot of projects that are running a bounty program.

Actually a bounty program is just part of the marketing strategy, the biggest marketing technique that would attract investors is if they'll room around the world, join in conference and tell people about their project as that tells the project is legit and the team are serious with the project.
hero member
Activity: 2436
Merit: 516
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 26, 2020, 07:25:41 AM
#48
I dont do social media campaign and I have less than 2000 followers on twitter but I can tell you due to my long time in this space and my frequent tweet on cryptocurrency have gain more friends with crypto interest, more than 70% cryptocurrency friends. However, to retain my trust among followers because past scam ICO/IEOs I dont do social media campaign for any project. If I ever do for trusted projects not as a bounty participant and will prefer exchange listed project with my trust.
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
March 26, 2020, 07:08:06 AM
#47
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.
sr. member
Activity: 1936
Merit: 290
March 26, 2020, 06:54:37 AM
#46
Agree with your message but each reality social media promoting not now good ways for any project. I think signature at this time best ways for promoting a project IEO/IEO because many people now follow it. Even other think more bounty hunter already leave their work because lot of decrease strong project in this time.
member
Activity: 1764
Merit: 10
March 26, 2020, 06:49:39 AM
#45
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.
hero member
Activity: 2814
Merit: 576
March 26, 2020, 06:34:49 AM
#44
In everything we plan to do or aim for, the foundation is very important, in fact it's what will determine the future of every projects and the right foundation is the TEAM, this is all a project needs to reach a better height, others like partnerships is just a plus, professionalism of the team is the most important in crypto space
Bounty hunters are doing their best to promote the project the best way they can but i think it's still not the best way to attract investors because the biggest factor that will possibly do it is the team itself. The staff behind the project should be more creative and skilled enough because they should be more responsible for the success of the project rather than giving it all to the bounty hunters.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
March 26, 2020, 05:54:21 AM
#43
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.
Surely this bounty was not enough to promote the cryptocurrency community, even today the cryptocurrency is still not yet fully implemented and their are so many people that has no idea about crypto.

And we already have a thousands of bounties that happened already and it was not enough, meaning it was not really the answer for mass adaptation since the bounty have its own goal but the advertisement was surely productive in a way.
member
Activity: 546
Merit: 10
March 26, 2020, 05:46:34 AM
#42
You're right, other forms of marketing especially using some good influencers be it on YouTube or other blog channels is necessary to reach target audience investors. Bounty is cheaper way of marketing the reason people rely on it.
legendary
Activity: 2282
Merit: 1041
March 26, 2020, 05:29:16 AM
#41
Not entirely true. When bounty hunters tweet to rank a trending topic it becomes visible to all which bounty hunters are also investors. When articles are indexed on search engines, its goingot be there on the itnernet forever and helps the website of the project to be able to be seen by searches. But when the camapign is over though, the exposure of the project diminishes.
member
Activity: 434
Merit: 19
March 26, 2020, 05:24:23 AM
#40
In everything we plan to do or aim for, the foundation is very important, in fact it's what will determine the future of every projects and the right foundation is the TEAM, this is all a project needs to reach a better height, others like partnerships is just a plus, professionalism of the team is the most important in crypto space
hero member
Activity: 2576
Merit: 579
March 26, 2020, 05:15:02 AM
#39
The problem is not bounty hunters, investors are simply not moved by the new projects promises anymore, who is to be blame here? New devs should spend time on how to attract investors and one of the way is better use cases
What is to blame is the scammers who have made sweet promises to investors, because the scammers also build a lot of new projects that result in investors becoming victims of fraud through their projects, so it makes it hard for investors to trust projects that only at this time.
member
Activity: 532
Merit: 41
March 26, 2020, 04:37:12 AM
#38
The problem is not bounty hunters, investors are simply not moved by the new projects promises anymore, who is to be blame here? New devs should spend time on how to attract investors and one of the way is better use cases
sr. member
Activity: 1638
Merit: 425
March 26, 2020, 04:10:50 AM
#37
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.
But I haven't seen a project that uses bounty hunters only to raise funds, you should say the name of such projects if you have one, it's always exchanges and bounty hunters right from the beginning, the only problem here is projects that go for low rated exchanges which always lower the success rate of projects
Most of the time the people where bounty hunters are promoting are already aware of their cryptocurrency since the promotion most of the time is in the forum, twitter, etc. And also they are promoting for a certain project already which means if you are not aware of this ICO or Projects I don't think you are going to be interested in investing since you don't have any experience in their projects.

The work of bounty hunters is always effectively promoting a certain project, in my opinion, they always have success in their work but the problem is just the project itself that they are promoting that might be not trusted by a lot of investors since ICO projects commonly are a scam. Surely this project promotion is not enough to promoted cryptocurrency enough around the globe.
member
Activity: 490
Merit: 16
March 26, 2020, 04:06:51 AM
#36
Let's stop talking as if bounty promotion is not effective for new projects, if it's not working there is no reason for developers to seek out for bounty managers, OP doesn't know the worth of bounty hunters job, it's very effective
sr. member
Activity: 1344
Merit: 264
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March 26, 2020, 03:58:33 AM
#35
~~But it is not the best way to gain investors.~~
If you think bounty isn't the best way, so what is the best choice to promote a project? Personally, I think bounty is the best way to promote a project in this group. And you must know that some bounty hunters potentially become the investors as well. They are not only promoting the project, but they also invest their funds in that project. Moreover, people who are in this forum having a higher chance to be investors than random people outside.  
I see very few bounty hunters investing in the projects they promote, they know that those projects are shit and have no value in the future. So they will not waste money and time on such projects. They promote the project and will quickly dump it after they receive the token
member
Activity: 490
Merit: 19
March 26, 2020, 03:51:31 AM
#34
I wonder how temtum and sero project became successful if not because of the exchanges they listed on, bounty hunters have a part here too but what's most important is the quality of the project, if the use case is good enough it will be successful
hero member
Activity: 3010
Merit: 629
March 26, 2020, 03:50:52 AM
#33
You're right but we cant deny that bounty campaign has a big impact on why a project succeed and attract the investors because hunters are spreading awareness for the project to be known by potential investors not just here in the forum but in other social media platforms as well.

Nevertheless more effort on the side of the dev and team are needed if they want to gain investors outside crypto community.
sr. member
Activity: 1274
Merit: 337
Enterapp Pre-Sale Live
March 26, 2020, 03:36:29 AM
#32
We have more serious investors on top exchanges like binance,huobi, gate than using bounties to find investors, that's the painful truth but it's better to use both, new projects should go for top Exchanges to raise find and use bounty hunters help too
Yes, it looks like a good solution for project developers, but for projects that already have a sale value and already have products that can be used for real, then don't have to use the time to make bounties anymore so they have to use the help of bounty hunters, they just need to get in. to the top exchange to create ads and enter other popular sites to advertise, so that the project will also be more famous and investors will know about it.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
March 26, 2020, 03:35:50 AM
#31
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 are also investors especially if they see a good project. Well, bounties are helping the team to spread the news about the project and you can see that on this forum, and most especially on social media. The team of course must be active and as much as possible talk to many businesses. We are all important here, that’s why good projects start with the bounties.
member
Activity: 742
Merit: 16
March 26, 2020, 03:25:52 AM
#30
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.
But I haven't seen a project that uses bounty hunters only to raise funds, you should say the name of such projects if you have one, it's always exchanges and bounty hunters right from the beginning, the only problem here is projects that go for low rated exchanges which always lower the success rate of projects
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