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Topic: Bounty in cryptocurrency - page 3. (Read 2491 times)

copper member
Activity: 364
Merit: 1
December 27, 2018, 07:27:13 AM
Bounty is only a means to help new projects get out to the public and targetted market. It's more like an advertisement sort of. An existing project can also organize a bounty campaign.
member
Activity: 952
Merit: 27
December 27, 2018, 07:18:37 AM
What do you think many projects do Bounty?

Thanks in advanced.
It's the tradition and the easiest way to market your project, imagine coming up with a token with no value to pay bounty hunters and they will have to wait for months before they will know how much their efforts really worth and if it's worth promoting the ICO that paid them.
jr. member
Activity: 308
Merit: 1
December 27, 2018, 07:12:47 AM
I think that the vast majority. But those who already have a working product usually don't need bounty!
sr. member
Activity: 1372
Merit: 252
December 27, 2018, 07:06:20 AM
What do you think many projects do Bounty?

Thanks in advanced.
Many projects in the bounty because bounty is the right way to market and attract investors to participate in it. But, not all projects can run smoothly and successfully, so in my opinion if you want to participate in the bounty you need to observe some of the projects themselves and do an analysis whether it is possible to continue to develop or not.
copper member
Activity: 140
Merit: 0
December 27, 2018, 06:22:46 AM
Bounty campaigns has become a part that can’t be ignored in ICO projects promotion and it is more effective and cheaper than any other means of advertisements. Bounty hunters deserve to be treated more very well because they are doing so much for projects.
full member
Activity: 1078
Merit: 110
December 27, 2018, 05:55:28 AM
A lot of projects spend bounty, because this is a free marketing whose work can be paid only in case of a successful fundraising project. However, the best projects do not conduct bounty companies, as they have seed capital from large investors.
copper member
Activity: 490
Merit: 2
December 27, 2018, 05:31:04 AM
At least 50 percent of all ICOs are doing a bounty campaign, because it is the most efficient way to promote a fresh project. It is a win win, because hunters would get tokens and the project would get a great promotion campaign.
copper member
Activity: 76
Merit: 0
CAT.EX Exchange
December 26, 2018, 05:57:38 PM
Many projects do bounty campaign in order for them to boost their sales result, and easily get the hardcap before the timeline period ends. Because many users will know the project because of multi-platform advertisement.
full member
Activity: 686
Merit: 104
December 23, 2018, 01:27:41 AM
They want to promote their coins without any real money, they try to pay the bounty hunter the coins or token if the ICO is successful, if the ICO is failed, this many projects turn into the scam, and never paid it, so be careful if you want to join it!
member
Activity: 420
Merit: 11
REPUBLIA PRE-SALE : Aug 23rd
December 23, 2018, 01:21:43 AM
It's good way for startups to pay for PR or for any other kind of work. Because much of them have no a lot of money for marketing or devepomenting of their projects! I think it is best choose for them.
full member
Activity: 602
Merit: 103
December 23, 2018, 01:10:12 AM
What do you think many projects do Bounty?

Thanks in advanced.

It's for their marketing. Doing bounty campaigns help them promote their project into like minded people in the space so that it would be heard by investors, create community and address adaptation. They also didn't pay straight cash, they are using the trust system by paying their own utility coin/token in exchange for the services of those bounty hunters who'd participate in their campaign.
jr. member
Activity: 233
Merit: 1
December 22, 2018, 11:50:08 PM
Nowadays if you don't received a good amount of stakes from bounties its really hard to derive profit out of it. Social media bounty always attract members on bct because its the easiest to do but to sum up the value sometimes nothing. Even we try to get in many campaigns, not all will be listed on exchange. Signature and blog campaigns are always best means to stack btc but better to choose carefully a project you will participate. Check the manner of distribution of who's handling the campaign and reputation as well. Sometimes I just see airdrops becoming more profitable than usual bounty activities on bct.
sr. member
Activity: 1190
Merit: 253
December 22, 2018, 11:41:38 PM
Bounty is like creating a team that will spread up a certain project. This is quite advantageous because you will help more individuals to earn their income compared to making an advertisement or a commercial that will cause you a lot of money and requires a down payment or a full payment upon implementation. So I think the bounty hunters deserve a good pay after the successful ICO because they have given their time and effort even they are not being paid yet.
member
Activity: 336
Merit: 12
December 22, 2018, 10:33:53 PM
I'm sick and tired of hearing that bounty payoutsare becoming less and less because of too many bounty participants, most of bounties I checked on here has low participants ,I guess many left already and most don't have merit on there accounts ,moreover its better to join bounty with limited participants if rewards worries you
full member
Activity: 292
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
December 22, 2018, 10:13:37 PM
What do you think many projects do Bounty?

Thanks in advanced.
That's a perfectly normal thing. Why not? You know, bounty hunters are very crowded, they can promote projects to as many people as possible.
member
Activity: 784
Merit: 10
December 22, 2018, 07:13:08 PM
Bounty allocated coins in the project is a minimum part of the projects coins to be distributed or awarded to the bounty hunters that promotes their project. But i think out of several projects here in butcointalk, not all are successful project and not all bounty hunters are awarded.
jr. member
Activity: 229
Merit: 1
December 22, 2018, 07:03:30 PM
What do you think many projects do Bounty?

Thanks in advanced.

It is an open secret that bounties are part of projects, especially those using ICO. Because bounties help promote their projects and ICO quickly and can attract investors more easily. So, it feels a futile project if there is no bounty and they will find it difficult to promote their projects around the world.
full member
Activity: 1316
Merit: 126
December 22, 2018, 06:52:51 PM
What do you think many projects do Bounty?

Thanks in advanced.
The projects that do bounty are only promoting their work. So it is not a strange thing, rather it is a means of advertising. There are some who just do airdrop instead of bounty. So the project team can decide to choose the means they want.
Participating airdrops never been profitable or even give a huge money. It is often we've experience unpaid from what we participated bounties but it is not the way we surrender though it really make us disappointed.
member
Activity: 280
Merit: 11
December 22, 2018, 06:48:42 PM
What do you think many projects do Bounty?

Thanks in advanced.
The projects that do bounty are only promoting their work. So it is not a strange thing, rather it is a means of advertising. There are some who just do airdrop instead of bounty. So the project team can decide to choose the means they want.
full member
Activity: 560
Merit: 102
December 22, 2018, 06:09:21 PM
Well, of course projects do bounty because its easier to promote and advertise the product world wide and with the impact of cryptocurrency which so popular it become more interesting and significant to many who have a less effort, safe and fast transactions it made makes a good output to everybody  powered by a new technology.
In the Ico project the important thing is to form the broadest community. This can be formed from a bounty program that uses a lot of media to disseminate information related to the project. The greater the enthusiasm can be a good measure for assessment.
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