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Topic: How useful is bounty programs to the overall success of icos? - page 3. (Read 1013 times)

full member
Activity: 659
Merit: 101
Is bounty programs impacting negatively or positively to the success of icos?
Bounty campaign is a useful tool for an ICO to advertise the project. It helps an ICO attract investors in a positive way and it helps for ICOs success.
The future success of most blockchain projects rests in the hands of one important event, the ICO. Launching the perfect ICO allows to startups to raise money and increase awareness surrounding their projects, whereas a lackluster launch has the power to completely zap any momentum their startup had already built up for this reason developing a rock solid ICO marketing strategy is one important steps can take towards ensuring their future success and one way to do that is through bounty programs. 
Bounty campaigns and the signature campaigns are not only a very good source of information and that these campaigns increase the level of awareness amongst the people but it is also helping a majority of the population in making of some huge amount of money as well and that too without asking them to invest anything. These campaigns carry most significant importance.
newbie
Activity: 98
Merit: 0
When you take away bounty campaign from most project icos, the icos will die a good death.

Bounty campaigns helps in advertising and creating awareness of these icos , thereby bringing in good investors.
So its very important to the success of any ICO project.
copper member
Activity: 336
Merit: 1
The role of bounties to the over all success of ICO projects can not be over emphasize.
Bounties can be likened to ads , so hunters help in creating awareness of icos through their works.
member
Activity: 64
Merit: 10
The role of bounty programs are promote the sale of projects, so that more and more people will notice the currency through bounty program, and then have more and more potential customers. Although some bounty hunter dump the bounty reward coin in a low price when it hits exchange, this has a little impact on the price of the currency. But in general, I think the advantages outweigh the disadvantages.
full member
Activity: 434
Merit: 100
Is bounty programs impacting negatively or positively to the success of icos?

Bounty program is the reason why the investors for the current ico is increasing since the developers also need advertiser for their platform in order to get profit from their project.
newbie
Activity: 20
Merit: 1
Bounty programs can be really effective if done well I think. Some are recklessly flaunting their bounties and this can come across as a bit pushy, while others are authentically representing the ICO and starting a dialogue about it. It's just like sales. If a man comes up to you in the street and tries aggressively to sell you a t-shirt, you're going to ignore him. But if he starts a dialogue with you first, gets to know what you are interested in, and then suggests that his t-shirt might be the one you're looking for, bam! There's the sale!

That's the way interest is activated. There's a slow but steady process of relationship building that is critical. Once a bounty is shown genuine interest, more and more people can come because they're curious.
newbie
Activity: 280
Merit: 0
Definitely bounty programs is considered a big factor in achieving to the success of an ICO because bounty hunters are the one's responsible in advertising the ICO within the username every time a bounty hunter makes a post. Many investors would notice such advertisement and may start to research about the coin, then if they are interested with the coin perhaps it will be the start of the investment.
full member
Activity: 659
Merit: 101
Is bounty programs impacting negatively or positively to the success of icos?
Bounty program is very important and impacts positively to the raiding of ICOs these days.. Nobody is ready to go for an ICO if you don’t setup a bounty to promote. People will start have interest in it when you setup a bounty program cause they are all looking for ways to gain much bigger from it. Everyone will get and also attract investors to start investing in that ICO making the price of every token to rise.
full member
Activity: 854
Merit: 140
Promoting and advertising surely can guarantee a success of an ICOs whatever it is and i think bounty programs is a great way to do that, campaigning from social media is the best way to promote it nowadays and i think its better than attending seminars especially for new coins. A good outside package and a lots of people promoting that coins can become a huge networking campaign for the success in every sectors.
newbie
Activity: 145
Merit: 0
Bounty programs can be benefit for every start-up projects and also contribute to its success. It is essential for a project to launch such programs to gain popularity and let the people know what the project is all about, but sometimes can impact negatively specially when the project is scam and fraudulent that's why every bounty hunter should be aware of their responsibilities as much as possible avoid projects that are shady and trash.

Yeah I agree, it can be useful but it depends how the participants follow the campaign. But most of the time it really help a lot to attract more investors to join the ico. This is the reason why almost all ico have this.
legendary
Activity: 2618
Merit: 2304
Without an active bounty campaign, it can be quite difficult for the ICO promoters to attract investment. Signature and social media bounties are very important in this regard, as they encourage other crypto users to invest in these projects.

It's true. Just compare a successful projects conducting a bounty campaign to a projects without advertising. In most of the cases the bounty is very useful for reaching a hard cap. Of course, the bounty manager should organize all the campaigns correctly and create an attractive signatures for the bounty hunters. In average the teams distribute 2% of the overall budget for promoting, and as a result the bounty campaigns don't cost much money.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
Bounty programs can be benefit for every start-up projects and also contribute to its success. It is essential for a project to launch such programs to gain popularity and let the people know what the project is all about, but sometimes can impact negatively specially when the project is scam and fraudulent that's why every bounty hunter should be aware of their responsibilities as much as possible avoid projects that are shady and trash.
full member
Activity: 476
Merit: 100
Is bounty programs impacting negatively or positively to the success of icos?

They are both giving positive and negative impact actually, if the project runs successfully up to the end of their campaign that's a positive way of result and the community is also establish however, if the ico project fail to achieve their soft cap most of their community accuse that scam project.
member
Activity: 196
Merit: 10
A good bounty program can truly help the ICO-s success IMO, and also it is kindof the first indicator to see, how big is the interest for the project. So it is definitely useful.
member
Activity: 322
Merit: 10
I think that they are really useful for people but not sure that for the overall success of icos. to my mind, it is impossible to find the 100% solution that will satisfy everybody. to my mind, such programmes are risky
jr. member
Activity: 54
Merit: 1
It's important in the sense that it builds activity around the coin and the announcement thread. People are constantly bumping the thread, which causes more people visiting the Ann section to come across it. So it can help bring more exposure, even simply by having the Ann thread show up more in the front page.
copper member
Activity: 12
Merit: 0
Bounty programs are a great way to get initial users to the platform by submitting simple tasks. We're in the process of creating our own bounty program to attract users!
member
Activity: 293
Merit: 10
To my mind, it is unlikely to contribute to the overall success as bounty campaigns can contribute only to a certain ico project, however, i can be mistaken because i have taken part only twice
member
Activity: 299
Merit: 11
I've been to a lot of programs and I have to say the propagation of their project to other using bounty programs is very helpful. For all that I have joined, I'd give it maybe 3/5 have reached, at the least, their soft cap because of these campaigns.
newbie
Activity: 100
Merit: 0
It's still advertising, and she will always act positively.
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