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Topic: Bounty alone is not enough - page 16. (Read 2288 times)

legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
March 26, 2020, 01:48:21 AM
#29
in spreading the word about a new project, of course, that the bounty is not enough for that. however, the team must also have its own marketing strategy. for example, they present their projects at crypto exhibitions, or related matters, and do advertising types such as Adsense, Facebook, and others.
sr. member
Activity: 1701
Merit: 308
March 26, 2020, 01:44:19 AM
#28
I do not agree with your opinion because the gift of gifts is where a project can be promoted well let alone many participants who follow the project then it is the best way to get a real investor, if They can also hold special events to find enthusiasts from investors.
member
Activity: 504
Merit: 16
March 26, 2020, 01:43:46 AM
#27
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
full member
Activity: 1638
Merit: 122
March 26, 2020, 01:43:27 AM
#26
bounty is compose of different marketing activities or so called promotions  . how do you think a good project can become good without gaining investors because they arent doing bounty/promotion  ?

 this is a crypto forum and many people interested on crypto visit on here , not just bounty hunters alone plus bounty hunters sometimes invest too , they put real money for investing aside from working on a bounty   . bounty for me is enough because it was like a total package for a project that is starting   .
sr. member
Activity: 1050
Merit: 416
Buy Bitcoin
March 26, 2020, 01:42:04 AM
#25
I feel the only worthy bounty that helps project is content creation, other than that everything else is just 0 worth.
I don't agree with your statement that apart from Content Creation no other bounty is helpful for the project. Signature campaigns do create popularity among the forum users and so does the social media campaign among the crypto users, you can't say they are useless. Just because you created good content for your project doesn't mean that your project will excel without proper marketing. Every bounty has its pros and cons and you'll have to use them accordingly along with proper marketing.
legendary
Activity: 2226
Merit: 1086
duelbits.com
March 26, 2020, 01:38:03 AM
#24
~~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.  
member
Activity: 406
Merit: 14
March 26, 2020, 01:34:13 AM
#23
You are wrong and right at the same time, if project is good enough it should be enough to attract investors with the help of bounty hunters since the awareness for the project is going on social media and if it doesn't work out then the project is a bad project
sr. member
Activity: 1036
Merit: 329
March 26, 2020, 01:32:21 AM
#22
I am happy to read your opinion, indeed a bounty program for a project will not make certainty to succeed and can attract a lot of investors instantly. But there will be a possibility for prize hunters to spread the project to a larger community, and in my opinion it will be quite helpful for a project even though it isn't very big.
if the question is if bounty campaign can help, then it can. However the next question will be if this is   enough? We all know many project now failed to raised even the softcap  so project owner should also work to find other alternative that they think can be a big help to thier project to increase the investors they have and they can target new potential investors.
sr. member
Activity: 854
Merit: 250
March 26, 2020, 01:27:05 AM
#21
I am happy to read your opinion, indeed a bounty program for a project will not make certainty to succeed and can attract a lot of investors instantly. But there will be a possibility for prize hunters to spread the project to a larger community, and in my opinion it will be quite helpful for a project even though it isn't very big.
full member
Activity: 896
Merit: 198
March 26, 2020, 01:25:20 AM
#20
It did work for other projects. I wonder why my current signature campaign still running with a huge giveaway per week to dozen of participants. Means it is working as good promotion for their project. Its simply like that, if the bounty campaign is working then there is a good result on the project standing and if not, surely a project will stop or halt the campaign. On the clear side, social media is a powerful marketing strategy, we know people are hook with it. Thats why any promotion seen on these major olatform such as twitter or facebook can make relevance on some readers and some got interested.
OP only says that bounty alone is not enough if you really want to make a successful project you should always prepared to use money for other advertisement that can help your project to attract new investors thats not only came here.
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.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
March 26, 2020, 01:07:16 AM
#19
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.

Actually I think bounties now days are a waste for both hunters and startup. Social media bounties do not add any value to the project. Content bounty are enough to create hype and buzz. Signature bounties are the best way to market your projects as most investors are present on BTT. 

Hunters on the other hand are not getting paid well and sometimes not getting paid at all.

member
Activity: 550
Merit: 10
March 26, 2020, 12:38:33 AM
#18
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.
you're right we bounty hunters helps them to promote their project by joining what campaign we join in.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
March 26, 2020, 12:25:44 AM
#17
It did work for other projects. I wonder why my current signature campaign still running with a huge giveaway per week to dozen of participants. Means it is working as good promotion for their project. Its simply like that, if the bounty campaign is working then there is a good result on the project standing and if not, surely a project will stop or halt the campaign. On the clear side, social media is a powerful marketing strategy, we know people are hook with it. Thats why any promotion seen on these major olatform such as twitter or facebook can make relevance on some readers and some got interested.
hero member
Activity: 3052
Merit: 651
March 26, 2020, 12:19:14 AM
#16
I disagree at some point of your statements.

Bounties does help here in this forum.
You will just never know who is the buyer inside or outside here.
Not all users here are just looking for work, others are really buying. Remember that.
Other bounty hunter also fall in love with what they support. Trust me, I use to buy ICO tokens before while supporting them.

Now in social media.
Facebook, Twitter or Instagram. Those kind of platforms have buyers also so it ain't a waste. Actually, they might even find a large investor out there.
So you extend all the possibilities for a buyer as much as you could.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
March 26, 2020, 12:03:03 AM
#15
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.
There are many ways to be added if your project want to get the full potential , they should also make a bannerads  from every other cryptowebsite like cmc etherscan this forum and other popular crypto channel or websites . They can even hired a crypto influencer to get more engagement.
That's the way it was a few years ago, many projects hired celebrities to promote their projects. And most of those projects are scams, now the best way for new projects to succeed is to implement IEO at large exchanges. It is best to use some money to implement IEO, it will make the project easier to succeed
sr. member
Activity: 1036
Merit: 329
March 25, 2020, 11:56:39 PM
#14
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.
There are many ways to be added if your project want to get the full potential , they should also make a bannerads  from every other cryptowebsite like cmc etherscan this forum and other popular crypto channel or websites . They can even hired a crypto influencer to get more engagement.
member
Activity: 560
Merit: 13
March 25, 2020, 11:47:30 PM
#13
Bounty Hunters in other form do their best marketing to promote the token. There are hundreds of bounty programs and if you navigate properly then you will find many genuine programs, also there are some garbage projects as well. Please do not accept any bounties without looking into the project, because there are lot of scammers where they won't pay you even a single penny once their project is done...be careful...
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
March 25, 2020, 11:42:58 PM
#12
Bounty only makes the project popular and creates a large community supporting the project. If you think that bounty will attract investors, it is a wrong thought, there is no investor interested in bounty projects. They are only interested in large projects that are IEO at the top exchanges in this market
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 25, 2020, 11:15:36 PM
#11
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.
Thats the thing. The project developers fail to deliver anything within stipulated time and thus the hype drops off pretty soon. If there is nothing being developed there will be nobody buying the tokens because nobody hopes it to go up. Investors look for that only.

Bounty is not the point here. Bounty is supposed to be a rewarding system for the ones who try to promote the project but if there is no demand for the product even a high value bounty is actually useless after an initial run.
hero member
Activity: 2520
Merit: 952
March 25, 2020, 11:11:11 PM
#10
I feel the only worthy bounty that helps project is content creation, other than that everything else is just 0 worth.

Also, BMs should have strict guidelines and only accept worthy content. Many just copy paste from wp and what not.
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