Bounty alone is not enough - page 6.

BlackFor3st

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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.

Solid marketing techniques are the foundation of a successful projects and bounty campaign is a part of it, yes it is not enough to bring a good amount of investors that is why marketers are doing some meet ups in order to gather some potential investors. And for other solid projects, they are looking for a solid partners as it can also boost their popularity among the investors especially if they can form a partnership to a trusted company or organization.

But as you can see why many successful projects are putting so much effort to bounty campaigns because it is tested already that it can help to hype their project which can help them in spreading their project in every corner of the world and the investors will surely to follow especially if they can see that the project has the potential.

lahiruu

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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.

Thats true, because most of bounty hunters are using their fake facebook ,twitter , youtube accounts for bounty campaigns.

but then what should they need to do for get investors to their projects. what did you mean by "team's marcketing" .

Script3d

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Quote from: bayudndy on April 18, 2020, 09:23:10 AM

Quote from: Stanlo on April 18, 2020, 01:23:49 AM

Quote from: tabas on April 08, 2020, 11:29:44 AM

Quote from: Ziskinberg on April 08, 2020, 07:43:54 AM

The golden time has pass, we need to face the present while keep the hopes high a new altcoin season will come again.

Don't keep those 'high hopes' remain in you guys.
It should be let it happen if it will and just focus on the things that you do. I don't want to disappoint the others too but you are right, the best time for bounty was done.

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

I also see a lot of quality projects running bounty this year. But I think it is not up to 80%. Only about 30-40% of current projects are good enough for us to spend time and participate in them

40% is too generous maybe 10 percent or lower, we can't also guarantee if the project survives the long term, if it does then it's worthy to be called a quality projects, not alot of them survive after 1 or 2 years.

Tigboom

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You may be right but also hunters are needed in another view . You might think the hunters post are not helping, but it is. Investors differs and there are some publicity some by hunters on top site. These are why new project wont joke with hunters .

cute nmp

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I totally agreed with you bounty campaigns are not enough to expose any project to investors .The exposure of a project depends on it's team and their effort.But on the other hand bounties are also important they help to spread more information about a project both on the forum and on social media channels.

Emilyearl

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Bounty campaign to me is not useful for any project marketing success. Hunters are friends with each other, they help carry out their activities. It's hard to find any investor through bounty tasks especially social media activities. Projects should be able to reach out to Angel investors or VC and also employ influences for marketing their project.

butterflier

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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.

This is actually a great point you made. Nowadays, you need a strong marketing team in order to sell your products. In the case of cryptocurrency, if your technology is good enough, you are marketing yourself already, and sometimes, bounty doesn't even help to that.

BayAngelo

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this is a very important post about new projects depending on bounties as the only marketing strategy to market their project. the possiblity of projects conducting bounty immediately after launching could be sign of a scam project that is interested in collecting peoples fund. Meanwhile quality projects spends time to develop their token and marketing their project before considering bounties. most projects doesn't conduct bounties again.

Bukata

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Quote from: ?? on ??

Quote from: Divinespark on April 18, 2020, 11:07:15 AM

Quote from: H1N1 on April 18, 2020, 09:33:32 AM

Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

As far as I know, the KickICO project is dead, they distribute airdrop randomly to everyone. But people can't sell them because the project team has locked this token contract indefinitely. It is a good way to promote the project, but it will make many people angry and saying that this is a scam project.

That's another issue, if the team do that kind of action once they've already release the rewards most of those bounty hunters or airdrops receivers
will be mad and tag the project as scam, it's how the team will manage and give satisfactions from both investors and those who help them to promote the project one mistake can harmed the project deeply.

I don't have any problem with projects locking their tokens after distribution, where it matters to me most is that after the locking duration, let the wait be worthwhile, its only when a project flops after waiting that people should lash.

Bukata

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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.

To some extent Bounty campaign is not enough but not to be written off completely. Some hunters are also investors and I believe its still on the same social media which the developers advertise their tokens that Bounty hunters promote their tokens too. So I think Bounty hunters gives a project more media coverage.

Divinespark

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Quote from: H1N1 on April 18, 2020, 09:33:32 AM

Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

As far as I know, the KickICO project is dead, they distribute airdrop randomly to everyone. But people can't sell them because the project team has locked this token contract indefinitely. It is a good way to promote the project, but it will make many people angry and saying that this is a scam project.

Eclipse26

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Quote from: ampere on March 25, 2020, 05:38:55 PM

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.

Your words are true to certain extents.
Bounty campaigns thus help to spread information about projects on this forum (most importantly) and likewise social media campaigns

If no projects get investors from this forum, social media or even in YouTube, then perhaps their product is not one that needs investors

And we cannot deny that bounty campaigns is a huge part of the project as a whole, because most of the projects are crypto-based, therefore, their target group of people are those inclined with this industry. And the team's marketing strategy is no longer surprising through bounty projects it is like rooting for the core people needed for a subject matter.
The goal, I think, of bounty projects is to promote the existence of a project itself. Participants of a project may not directly promoting the project but it still spreads awareness. It is indeed true that the long term run of a project depends on the team's effort regarding with their plan, not including means of promotion thru bounty campaigns, but it is also true that bounty projects are part of that 'effort'.

SacriFries11

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Quote from: H1N1 on April 18, 2020, 09:33:32 AM

Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

Sometimes they're lack of real potential in the market like the real deal how their project will be more accurate and solve the issues of the problems in the market. They must learn the mistakes of the previous projects that already failed like listing partnership in unreliable exchange and lack of awareness in promoting in various crypto sites and media. I think now crypto project must have much backup money before they start in the industry. They must survive in every hard drop in the market.

casperBGD

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Quote from: Renampun on April 18, 2020, 07:41:21 AM

Quote from: Lantind on April 18, 2020, 07:19:16 AM

Quote from: Stanlo on April 18, 2020, 01:23:49 AM

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

It seems too high if you make a percentage at 80% for a quality project this year, because there are several projects that are running and they all are also not necessarily fully successful in the current conditions.

80% of the projects this year high quality? I disagree too...
Until April, I have not benefited anything from the bounty, even one of the projects that were said to be the best this year Insure PAUSED their campaign, this plague made investors worry so the certainty of the bounty campaign was decreasing.

yeah, does not seem that there are quality project, maybe other way around, only 20% are of some quality and it is a question will they survive after initial bounty, because of them except good idea do not have good roadmap which could bring idea to the surface

actually, i have maid an overview of current bounties here
https://bitcointalksearch.org/topic/m.54221003
you can check that out

fulled

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yes indeed your argument is true, but we know the majority of new projects is lack of fund, that's why they use bounty campaign to promote their project, the bounty is not the most effective method to reach investors, but bounty campaign in many cases is the only method they can afford to promote their project

H1N1

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Indeed, bounty campaign is just one of many ways to promote the cryptocurrency project.
The team can create awareness by distributing their token like kickico team, so that peoples can look into their project.

bayudndy

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Quote from: Stanlo on April 18, 2020, 01:23:49 AM

Quote from: tabas on April 08, 2020, 11:29:44 AM

Quote from: Ziskinberg on April 08, 2020, 07:43:54 AM

The golden time has pass, we need to face the present while keep the hopes high a new altcoin season will come again.

Don't keep those 'high hopes' remain in you guys.
It should be let it happen if it will and just focus on the things that you do. I don't want to disappoint the others too but you are right, the best time for bounty was done.

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

I also see a lot of quality projects running bounty this year. But I think it is not up to 80%. Only about 30-40% of current projects are good enough for us to spend time and participate in them

Renampun

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Quote from: Lantind on April 18, 2020, 07:19:16 AM

Quote from: Stanlo on April 18, 2020, 01:23:49 AM

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

It seems too high if you make a percentage at 80% for a quality project this year, because there are several projects that are running and they all are also not necessarily fully successful in the current conditions.

80% of the projects this year high quality? I disagree too...
Until April, I have not benefited anything from the bounty, even one of the projects that were said to be the best this year Insure PAUSED their campaign, this plague made investors worry so the certainty of the bounty campaign was decreasing.

Lantind

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Quote from: Stanlo on April 18, 2020, 01:23:49 AM

If everyone keep thinking that the best time for bounty is over no one will be here right now, everyone would have left for other means but so far 2020 is way better than last year, 80% of bounties that come out this year are quality projects

It seems too high if you make a percentage at 80% for a quality project this year, because there are several projects that are running and they all are also not necessarily fully successful in the current conditions.

tiang_tower

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Quote from: MUG1WARA on April 18, 2020, 03:41:50 AM

What are you talking about? This is not discussing bounty payment as our daily needs, but it is about promoting a project that is not enough if only doing bounty

Yes, that's right, if we follow the bounty to meet our daily needs, then obviously we will be overwhelmed because of that, because everyone certainly knows that bounty payments often occur in the long run, so it won't be enough for someone if they only rely on the bounty.

Topic: Bounty alone is not enough - page 6. (Read 2288 times)