Bounty alone is not enough - page 5.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Barbut on April 21, 2020, 03:18:31 PM

What is the problem with most of the projects is that they don't know they will need to work very hard in the first couple of years, and in that time to not take any profit!

All shady startups are like that. They have a lot of vaporware to tell people but are just going to exit the market after a few years. It is the risk that you have to take if you are going to invest in them.

Quote

Bounty alone is just a beginning, but every project needs upgrades, constant monitoring, developing on all fields, money they get to invest in equipment. Most of the teams take first profit and they abandon projects and investors stay with worthless tokens.

It is because the abandonment was a pre-determined thing. It cannot be proven but assumed because if project owners have the cheek to sell away the project and turn off all social media communication then there is no denying this fact unless proven otherwise. Bounty is a just a method to make some idiots promote their scam and get more investors, giving them some worthless tokens in return.

hushpupppy

jr. member

Activity: 250

Merit: 2

It depends on the individual, there are several peeps on the forum who use Bounty hunting as their leisure tasks, and they focus on quality rather than quantity.

For them, Bounty is enough because they are opportune to so only signature and contents most time.

But if you use Bounty as a full time job as i do. Bounty is not enough, we need offline jobs too

Stedsm

legendary

Activity: 3052

Merit: 1273

Quote from: Barbut on April 21, 2020, 03:18:31 PM

What is the problem with most of the projects is that they don't know they will need to work very hard in the first couple of years, and in that time to not take any profit! Bounty alone is just a beginning, but every project needs upgrades, constant monitoring, developing on all fields, money they get to invest in equipment. Most of the teams take first profit and they abandon projects and investors stay with worthless tokens.

Man, you caught the nerves exactly why an investor fears from investing into such projects:

- Tokens don't get listed on an exchange due to team's laziness or running away with money

- Tokens get listed in a low-quality exchange where no big volume is available, so there's no liquidity in the markets there and the token becomes useless

- Even if there is enough liquidity, people tend not to trade it as it is highly risky because investors are themselves watching for other people to add some volume and pump the token from where these investors start taking out their profits by dumping their coins on these buyers

- Investors fear the possibility of the team dumping all their premined tokens on the markets which will make the tokens go worthless

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

Quote from: roll on on April 21, 2020, 02:50:56 PM

Bounty alone is really not enough to make the project become successful because doing or launching a bounty is just a first phase of the project and it is made to create popularity on which let the crowd know that a certain project do exist nowadays. Still the future of the project lies or depends into the strategic mind of the team behind the project to present the idea and concept of the project to be able to satisfy the interest of the potential investors and to close a deal to support and make the project work going to the path of success. Project must not only rely on bounty alone because it is just s front phase of letting the project be popular or known and not the assurance for what will be the outcome of the project itself.

What is the problem with most of the projects is that they don't know they will need to work very hard in the first couple of years, and in that time to not take any profit! Bounty alone is just a beginning, but every project needs upgrades, constant monitoring, developing on all fields, money they get to invest in equipment. Most of the teams take first profit and they abandon projects and investors stay with worthless tokens.

roll on

full member

Activity: 175

Merit: 102

Bounty alone is really not enough to make the project become successful because doing or launching a bounty is just a first phase of the project and it is made to create popularity on which let the crowd know that a certain project do exist nowadays. Still the future of the project lies or depends into the strategic mind of the team behind the project to present the idea and concept of the project to be able to satisfy the interest of the potential investors and to close a deal to support and make the project work going to the path of success. Project must not only rely on bounty alone because it is just s front phase of letting the project be popular or known and not the assurance for what will be the outcome of the project itself.

Stedsm

legendary

Activity: 3052

Merit: 1273

I don't really get the idea behind asking users to spread these bounties' content over their social accounts like Twitter, Facebook, Telegram as I believe that the only potential investors to be found on a social platform is LinkedIn, but nobody asks for this platform nor talks about it. Bounty campaign is just for those who want to gain those free coins and nothing, and such category cannot be classified as potential investors as you won't find any due to the fact that these people only care about making a buck and are never interested in investing a penny in that project, as well as they don't even invest the coins (BTC or Eth) that they get either through these projects or by selling their tokens.

Gab20

jr. member

Activity: 714

Merit: 3

The relevance of bounty campaign today cannot be overemphasized. No matter how small the bounty community might be, they will still help in their own to propagate the project to the crypto world.
There isn't anything good without its own shortcomings, even negativities and should not be blamed for that. Some honest bounty hunters will still do their best the give the project the needed shut. With the assistance of bounty hunters, some projects have been able to make it into the market successfully.

Mila52

full member

Activity: 1022

Merit: 106

Of course, the main investors are partners of the project, but it’s no secret that many people have additional income by investing in small shares in various interesting projects. And it's thanks to the bounty and social networks that the project’s advertising information is distributed

JeotQ

member

Activity: 406

Merit: 14

Bounty can't be enough to gain investors, have you ever see any project that raised fund through bounty promotion? Bounty is just a part to create more awareness, projects use ICO and IEO alike to raise funds so?

panganib999

hero member

Activity: 1750

Merit: 589

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.

I hereby agree on that. Launching bounty campaigns are really not enough to assure the success of a certain project for it just getting the attention and letting the crowd to know that such project do exist. The success of the project still relies and depends on the team behind it to further promote and do the marketing to let investors to get into investing in the project. Even though launching a bounty is not enough, still it plays a big role for people to see and get curious about the project. Any projects must not rely or depend the outcome or success of the project into bounties because the success is worked by the whole team providing marketing strategies to close a deal and the important thing is the idea of the project and how it will be executed will give a big impact on the success of the project. Bounty is just a part of a phase to be done to promote the project and success cannot be reliant on the first step because marketing strategy will matters the most together with the objective and idea of the project itself.

Ozero

full member

Activity: 2142

Merit: 183

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.

It is hardly worth agreeing with your arguments. Participants in the ICO Bounty Signature Campaign make a great contribution to advertising new ICO projects. This forum is the most famous among those who discuss the problems of cryptocurrency development and at the same time provide marketing services to new ICO projects. Many potential investors on this forum are looking for worthy projects in which to invest their money. A great help in this is provided by our signatures, which we wear when publishing our messages. Studies on this subject have already been carried out more than once and they clearly confirmed this. And bounty hunters themselves in many cases are investors in new ICO and IEO projects.

ElmedoRator

full member

Activity: 826

Merit: 104

Quote from: royalfestus on April 21, 2020, 06:49:22 AM

Bubbalex usually do review of his campaign, which I expect other bounty manager to adopt. I also want mangers to take record of the twitter followers, youtube view, telegram group members etc before and after campaign, probably take a poll in the group after the campaign on how members get to know about the project. I believe this information might help to focus on relevant social media channel to attract investors and increase campaign there.

It made him more professional than the others. I really like the way he works because he usually does everything very quickly and on promises. If there were any new campaigns coming from him, I would definitely never miss

t3m4nc0k

full member

Activity: 616

Merit: 100

www.jacs.tech

bounty is only to expand the community, to attract investors depends on team performance. Jikatim always follows blockchain events and advertises on several crypto sites, of course many investors will be interested to join

Free1bitco.in

hero member

Activity: 1624

Merit: 500

Quote from: Adya on April 21, 2020, 06:10:25 AM

now bounty campaigns are dying as a tool of marketing of cryptocurrency projects. especially with apperience of such tool as ieo. remember ieo of binance, they do not needbounty campaigns.

some IEO in binance has a bounty, for example, one harmony. that is one example of a project that pays quite well when it has a bounty. however, that is not often the case, because of that the bounty alone will not be enough to meet your daily needs, even more so if you find it difficult to do research on projects that you will support.

royalfestus

hero member

Activity: 2464

Merit: 519

Bubbalex usually do review of his campaign, which I expect other bounty manager to adopt. I also want mangers to take record of the twitter followers, youtube view, telegram group members etc before and after campaign, probably take a poll in the group after the campaign on how members get to know about the project. I believe this information might help to focus on relevant social media channel to attract investors and increase campaign there.

memed97

full member

Activity: 1148

Merit: 101

Quote from: ?? on ??

Bounty campaign might not be enough to gain investors, however it is a good way to spread the project information. By the help of social media campaigns, it would be easily spread out to many people around the world and if they enlighten by the project proposal they would definitely invest on the project.

Yes, but what is explained here is not about the promotion of the bounty project, but rather towards the bounty hunters, they will not be enough if they only follow the bounty, because the income through the bounty at this time is no longer as big as the previous bounty, thus making the hunters must work harder at places other than the bounty.

Adya

sr. member

Activity: 868

Merit: 250

Your Data Belongs To You

now bounty campaigns are dying as a tool of marketing of cryptocurrency projects. especially with apperience of such tool as ieo. remember ieo of binance, they do not needbounty campaigns.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: Valzador on April 21, 2020, 04:36:49 AM

Quote from: ?? on ??

Right, there are many successful projects that don't hold a bounty campaign. They choose other ways to build a large community that can attract investors, for example by holding an IEO on a global exchange top. There are also those who maximize their products and collaborate with other large and trusted companies. However, the bounty campaign is one of the best choices for building a community, as long as it is managed well so that its main goal can be achieved.

Of course, the project prefers to pay to be able to hold IEO on famous exchanges. Still, the cost to be ready to IEO on prominent exchanges is not small, the prices are higher than the costs incurred to create a bounty campaign, but the success of IEO on well-known exchanges is higher compared to holding a bounty campaign.

If the project is solid and promising, and has real potential in the market, they can always go to top exchanges for their IEO like BNB. And sometimes they don't need bounty programs anymore as when for example BNB announced it on their launchpad, people already are waiting for that project. That is, if it is in BNB. But try small to medium exchanges with bad reputation, even if they will announce their upcoming IEO projects, they still find it hard to acquire funds.

Valzador

hero member

Activity: 1316

Merit: 503

Quote from: ?? on ??

Right, there are many successful projects that don't hold a bounty campaign. They choose other ways to build a large community that can attract investors, for example by holding an IEO on a global exchange top. There are also those who maximize their products and collaborate with other large and trusted companies. However, the bounty campaign is one of the best choices for building a community, as long as it is managed well so that its main goal can be achieved.

Of course, the project prefers to pay to be able to hold IEO on famous exchanges. Still, the cost to be ready to IEO on prominent exchanges is not small, the prices are higher than the costs incurred to create a bounty campaign, but the success of IEO on well-known exchanges is higher compared to holding a bounty campaign.

lepbagong

full member

Activity: 2268

Merit: 121

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

all new projects will certainly expect investors to be able to join, but to reach it requires a bounty campaign to be affordable to many parties through all available social media. because social media is an effective and best way to provide information. So it's wrong if you say that the campaign bounty cannot attract investors. I agree that marketing from the team is needed to attract investors to place funds. therefore not just a bounty campaign needs to be carried out, there must also be a direct event for investors through several seminars held in order to be clear about the objectives to be achieved.

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