Topic: Bounty alone is not enough - page 9. (Read 2288 times)
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.
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.
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 main purpose could be promoting of bounty campaign. By distribution bounty rewards, projects earned extra person to hold their token, trade their token and sometimes could be investor. If price is below ICO, huge numbers of hunters hold their token. I believe for one successful projects need all types of users. 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 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
The fact is that a lot needs to be done, first, on the drawing board of most of these projects. If someone or a team is planning to push out a project, initial or starting fund is very essential.
What actually draws the line between most projects is the fact that some of them have more money to start something meaningful. If you can drive it first with your money, then the community will support. Getting it right at the first stage will minimize the problem that will be encountered in future and that will enable quick solution for such a project.
I agree with your opinion, many bounty hunters join the bounty campaigns for money. Their motivational source is money, of course. Please don't count the useless things such as enthusiasm for the new project. If the project is new and has not been done anything useful for a crypto community who will have enthusiasm for 2 weeks altcoin? What actually draws the line between most projects is the fact that some of them have more money to start something meaningful. If you can drive it first with your money, then the community will support. Getting it right at the first stage will minimize the problem that will be encountered in future and that will enable quick solution for such a project.
The fact is that a lot needs to be done, first, on the drawing board of most of these projects. If someone or a team is planning to push out a project, initial or starting fund is very essential.
What actually draws the line between most projects is the fact that some of them have more money to start something meaningful. If you can drive it first with your money, then the community will support. Getting it right at the first stage will minimize the problem that will be encountered in future and that will enable quick solution for such a project.
What actually draws the line between most projects is the fact that some of them have more money to start something meaningful. If you can drive it first with your money, then the community will support. Getting it right at the first stage will minimize the problem that will be encountered in future and that will enable quick solution for such a project.
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.
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 a startup should have obtained some initial seed funding to launch the idea before seeking the potential in crowdfunding utilizing cryptocurrencies, but it all depends on the quality of the project and that can't be emphasized enough... quality over quantity
I agree with you, there are several unworthy bounties on the forum, and perhaps as a learner that is why i am restricted to participate in chosen few.
As i learn the way of the forum, and also garner more experience about crypto currency
As i learn the way of the forum, and also garner more experience about crypto currency
This is totally correct. Bounty hunters are just one of the means to spread the word. There are a lot more marketing strategies required to attract actual investors. For example, an article is read by thousands of users but the question is how many really invested in the project reading that article?
All marketing plans can reach users/investors but only leads or registrations depend on the product and its niche in the market.
All marketing plans can reach users/investors but only leads or registrations depend on the product and its niche in the market.
If the promoters are serious enough, then they have a number of options to attract high quality investment. For example,they can conduct a third party audit or promise to keep the funds in escrow. Steps such as these ones are going to attract a lot of investment, especially from the mainstream investors. But many of the projects don't want to go for them, as they want quick cash without much effort.
This is totally correct. Bounty hunters are just one of the means to spread the word. There are a lot more marketing strategies required to attract actual investors. For example, an article is read by thousands of users but the question is how many really invested in the project reading that article?
All marketing plans can reach users/investors but only leads or registrations depend on the product and its niche in the market.
All marketing plans can reach users/investors but only leads or registrations depend on the product and its niche in the market.
We can say that the bounty alone is not enough to get and gain good number of investors because as we all know this bountirs are good for sprrading and gaining some words to other people so that the investors will be able to know it and this bounty hunters will be able to get investors because they are promoting the project but before that happens the project must have first a good snd lrgit whitepapers so that the investors will not be able to afraid on investing to them.
I don't totally agree, because this bounty is somehow large. Don't forget it includes YouTube, short clips on lectures can be used on Twitter and Facebook book as long as it is precise enough with the necessary information. The few bounty participants we have today where did they learn how to trade, many learnt it on social media here. Team movement will be a bonus though but more for the illiterate or few who are not really good on technology.
You are right but i think bounty campaign with high popularity & have good value push some bounty hunter to buy & hold the coin.. because they trust with the project...
I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right? 
It is clear that the bounty campaign is to get a lot of attention from investors; there is no other reason than that.The sequence is the bounty campaign to create awareness of the project. Investors then check the quality of the project and decide whether to invest or not.
Investors always see which projects should be invested right and sometimes at times like this they always choose the best in looking for profits in new projects because most have now failed to continue on new projects.
The bounties continue to try to promote to and fro to seek the attention of many people so that more Public know them again.
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 totally agree with you, bounties are meant to create awareness within the cryptocurrency market, when there are many posts about a project, lots of people and potential investors becomes aware of it and pick partial interest and proceed to dig out more about the guenuity of the project. Team is entirely responsible for drawing in investor with a sellable usecases, product development, excellent marketing team, good and influencer partnerships and attendance of crypto events
I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right?
It is clear that the bounty campaign is to get a lot of attention from investors; there is no other reason than that.The sequence is the bounty campaign to create awareness of the project. Investors then check the quality of the project and decide whether to invest or not.
You are wrong, it's all about how good the project is, even if a million bounty Hunter promotes the project it will fail, project teams are responsible for the outcome of their projects not bounty hunters, we promotes and the quality of the project do the rest
Yes,it's true mate. bounty campaign only help to become more popular and hype. It doesn't help to gain investor.
I think there is something wrong with promoting if it does not gain investors, the purpose of the bounty is to gain investors, so if that is not effective, then they should stop the bounty campaign, am I right? [snip]
Absolutely agree with your thought and of course bounty is not enough for reach to success, that's why many projects don't reserve token for bounty program now days. The way bounty hunters (maximum) doing their work it's totally abuse. I can't see any good work besides translation and signature campaign, max we can say video/article campaign.But social media and other campaigns are too much shady now days. Many times and many people talk about it in this thread but you can do nothing if people pretending to not listen.
Yes,it's true mate. bounty campaign only help to become more popular and hype. It doesn't help to gain investor. Even there are so many good projects they came to market and doing well without doing any bounty campaign. Actually Investor don't invest by showing bounty hunters post and they are smart to choose good project.
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