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Topic: Bounty alone is not enough - page 8. (Read 2288 times)

full member
Activity: 1582
Merit: 101
April 05, 2020, 09:13:33 AM
Actually hunting is one of the part of promoting any project. Besides this team takes many steps to promote their project like conference, fair presentation, sponsorship etc. So team must not depends on bounty hunting but they can not neglect it as hunting is massively connected to social media.
jr. member
Activity: 113
Merit: 1
April 05, 2020, 09:04:47 AM
Sometimes it's not only about getting investors but creating brand awareness. Mind some of these bounties are small scale investors and they are the ones who will trade the token when it's listed. Besides, bounty is less expensive
legendary
Activity: 2450
Merit: 1047
April 05, 2020, 06:14:29 AM

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.

The big marketing is the platform and the project's potential, investors are wiser now, they know what project to invest and what to look, I don't know what this closing ability is, everything are presented as it is  the developers and the bounty hunters already know if the project will become a success from the start all they have to do is to present to the potential investors.
member
Activity: 476
Merit: 22
April 05, 2020, 03:25:33 AM
Lol, miractele team attended many crypto events in 2018 and in the end they scam many like myself, just because project team are going to one crypto event to another did not mean they are real
member
Activity: 131
Merit: 10
April 05, 2020, 02:01:34 AM
This is why good projects attend a lot of crypto events and network with people.
I don't agree with your point, especially this part. Crypto events and network with people can be brought to hype up or to fool investors (see Bitconnect or many scam coin with thier social event). Bounty is most basic thing in marketing, simply put and attract their attention by giving away your product aka coin in this case.
hero member
Activity: 2688
Merit: 588
April 04, 2020, 04:07:06 PM
Yes you’re right about that. It’s not only about bounty campaigns. The team should be good at what they promise to do and also have their social platforms on Twitter , LinkedIn (the whole team should be here and active, and it shouldn’t be a new account, but one that has been created for a long time), Facebook and maybe Instagram, and they should also have a telegram account.

With social media platforms like Twitter, Facebook and Instagram they can run good promotion with more details on what their project is all about and even add videos that summarizes everything. These are ways they can draw lots of investors.
sr. member
Activity: 1694
Merit: 268
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April 03, 2020, 12:04:44 PM
Of course, the project can not completely rely on the bounty campaign, but I believe that the bounty campaign is a very effective tool to create a lot of noise around the project. if the project is taken by a quality bounty manager, then this project is trusted and even many bounty hunters become investors

True as you said, because a project certainly needs strong support from various communities, so that, the project will be expanded faster, of course one of them is support from the bounty hunter community that can help each project to promote the project to the wider and of course with a lot of supports gained will attract investors to invest their money in a project. But in my opinion, it is not the prize manager who can determine whether the project is successful or not, but because the project has good quality and a clear road map that will make many people interested in joining.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
April 03, 2020, 11:01:51 AM
It is true to make successful crypto projects not enough to rely on bounty campaigns, because bounty campaigns only spread information
projects in the cryptocurrency community only. To cover a wider area, we need a professional marketing team that is used to making
a project becomes known to many people. Especially the target is new investors who are outside the cryptocurrency community.
Of course, the project can not completely rely on the bounty campaign, but I believe that the bounty campaign is a very effective tool to create a lot of noise around the project. if the project is taken by a quality bounty manager, then this project is trusted and even many bounty hunters become investors
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
April 03, 2020, 09:39:33 AM
This is the difference between fake/scam projects and the legit/true projects,
Most of the fake/scam project only rely on bounty and doesn't have a good marketing strategy while the true project have it all figured out they have everything that is needed to secure their project.
knowing the good projects right now doesn't seem to be enough. if you want to grow, you should find another business without leaving the bounty. however, choosing a project that is really serious is difficult. in fact, even though we can see the potential seriousness of the project, we don't know whether the project will really run smoothly or not. it will affect your payment to become a bounty hunter for them.
full member
Activity: 1120
Merit: 101
April 03, 2020, 09:29:59 AM
It is true to make successful crypto projects not enough to rely on bounty campaigns, because bounty campaigns only spread information
projects in the cryptocurrency community only. To cover a wider area, we need a professional marketing team that is used to making
a project becomes known to many people. Especially the target is new investors who are outside the cryptocurrency community.
we need to know that now investor interest in new projects has greatly declined. the team must think of strategies other than the bounty campaign to be able to get investors. whereas now there are too many bounty projects with promises of large payments that they always break.
newbie
Activity: 18
Merit: 0
April 03, 2020, 09:21:50 AM
How do different financial specialists that don't have a record in here would see ventures worth their speculation? Despite the fact that they can visit the gathering secretly and see the mark of the activities and club that they can play, bet, or even contribute at, we can't expect that those marks alone would expand the potential financial specialists that a task can get.

This is the reason a few bounties expand their scope through methods for social medias and articles.
sr. member
Activity: 1876
Merit: 318
April 03, 2020, 03:00:31 AM
It is true to make successful crypto projects not enough to rely on bounty campaigns, because bounty campaigns only spread information
projects in the cryptocurrency community only. To cover a wider area, we need a professional marketing team that is used to making
a project becomes known to many people. Especially the target is new investors who are outside the cryptocurrency community.
newbie
Activity: 6
Merit: 0
April 03, 2020, 02:47:29 AM
Bounty campaigns are done not just to gather investors but mostly for publicity reasons. It is very important for any project the exposure of their project names by all means especially to social medias and youtube channels.
hero member
Activity: 3010
Merit: 629
April 03, 2020, 01:47:21 AM
This is the difference between fake/scam projects and the legit/true projects,
Most of the fake/scam project only rely on bounty and doesn't have a good marketing strategy while the true project have it all figured out they have everything that is needed to secure their project.
You're right, fake projects are just relying in their bounties to promote and not putting too much effort because they have a motive to runaway  regardless of the number of investors who trust them. The difference between legit and scam is you know the project is worth to invest if the team are doing their best to spread the word of how can their project be useful if people support it.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
April 03, 2020, 01:37:06 AM
This is the difference between fake/scam projects and the legit/true projects,
Most of the fake/scam project only rely on bounty and doesn't have a good marketing strategy while the true project have it all figured out they have everything that is needed to secure their project.
full member
Activity: 1048
Merit: 101
April 03, 2020, 01:28:14 AM
yes, as you have explained above, this is quite logical because promoting projects in this forum alone is not enough to attract the attention of investors. one of the best ways is to hold events with people out there so they can attract outside investors. A good project certainly has an experienced team, a complete work map, a real project concept or product, and also how the project advisor performs when offering their project to investors.
full member
Activity: 1750
Merit: 118
April 03, 2020, 01:22:46 AM
Although the bounty does not attract big investors, at least the bounty has helped to introduce a project among the community and another if the bounty hunter can also become an investor even with only a small fund.

yes it happens  . bounty hunters one said that he also invest on the bounties that he promotes especially if he find that bounty really good because there are also good bounties , only rare to find .

bounty is alone is not enough i agree but i think the owner are already aware with it  , that is why many of them also promote on other platforms  or some even promote on a real world which is cool because people see it directly and the explanation or the answer to peoples queries are straight to the point  .
member
Activity: 756
Merit: 12
April 03, 2020, 01:13:26 AM
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.

The most effective way to attract investors and make sales quickly and efficiently is to do IEO at large exchangers such as Binance, Okex or Huobi. The IEO sales period at the exchanger only lasted for a short time but sometimes there was no bounty campaign for the project
sr. member
Activity: 644
Merit: 257
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April 03, 2020, 12:47:56 AM
Maybe your right but it will depend of course on the strategy of the campaign. Typical bounty launches social media and signature and even youtube and blog campaigns. These are the common grounds of marketing but what if they incorporate a much unique way? I am not saying a different but these ways or method are typical and might not just gonna pulled it off with just a tip of a finger. Well yeah, social media is a good platform for spreading but where is the hub of investors? On twitter? Im not so sure, not all have interest with that. Maybe some campaign should advance to a more sophisticated way oj promotions.
full member
Activity: 1526
Merit: 111
Pepemo.vip
April 02, 2020, 10:23:11 PM
I think that crypto projects need to buy advertisement on Youtube and other social media. Nowadays only scam projects buy advert, but good projects don`t do it, I don`t know why they act such way, because bounty is really not enough

So you say projects need to buy yt ads but at the same time say that only scam projects do it. Make up your mind!

There are no better or worse ways of legit advertising. There can be only scam advertising like paying youtubers to lie about you. Bounties are not a bad way to gain visibility especially through translations.
right, all the way there are certainly risks. but indeed as a community we can use it to promote a project. and actually this is as effective as 2017, where many projects have had success. therefore the situation also supports the success of a project

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