Is Advertising through bounty profitable? - page 6.

cryptorTUX

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Quote from: nalinpuri on March 11, 2018, 07:18:00 AM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

Those people and companies that host ICO and ITO bounties are simply "printing their own money" and giving it away for simple tasks such as creating the buzz about their project. To be honest this has turned to be an effective and CHEAP way to advertiese their project and to get fake followers and group memebers so people who are interested feel it is the right project. The only downside is that they might sometimes pay bounty managers in bitcoin or any other crypto but not in their tokens.

Leyss

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The company conducting the ICO is forced to simultaneously conduct a generosity campaign to promote the ICO project and attract as many potential investors as possible to the project. This company allocates from one to five percent of the released tokens for the generosity campaigners who advertise this project in social networks and in this forum. This is done on mutually beneficial terms. ICO allocates a certain number of released tokens for advertising purposes, and generic campaign participants, including signature campaigns, advertise the project, receiving a part of the tokens after the successful completion of the ICO campaign as a reward for their work.

zhekinsp

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Quote from: nalinpuri on March 11, 2018, 07:18:00 AM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

They are not giving any free money,they are paying the participants to their work I mean for that advertising purpose.The ICO programs can get investors by only through the advertisements so if they don't advertise then no investors will come to know about that project.And in bounty they are allocating the tokens if that bounty fails then there is no money for the participants too.

xieqieshangu9

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he bounty hunter participates in the reward task is to advertise for ico!

On twitter, facebook is promoting digital encryption money, and their friends will be watching and learning about the digital currency! You also told your friends about tokens, which the team would like to see!

The bounty is even more than marketing!

Vatimins

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Blue0x.com

Quote from: nalinpuri on March 11, 2018, 07:18:00 AM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

Look man, I think that you are somehow not seeing the whole picture here. You see, in this industry, popularity is the main reason as to why prices vary form one coin to another. For instance, look at bitcoins, clearly a lot will agree with me when I say that there are really a bunch of coins out there that are obviously better than bitcoins. But what do most people use nowadays and put their money into? Exactly. It is bitcoin. This is simply because this is the most popular coin as of today. Now, when you think about it, all the people here are crypto lovers and users. Where other place is better to advertise your ICO than in a place like this? I hope this clear things up for you.

Jabiii

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People in this forum promote their bounty by posting in this forum. In that way some people will took interest in investing on their campaigns. The bounties here is if a success the money they put out for the bounties will be doubled and they will get good profit.

boboking

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They are not giving it for free. They are basically using your signature to advertise their coins, app or website. Also majority of the bounties are giving away their coins, which is practically no cost for them.
How do you know that only a few people are investing though bounty. Do you have any data to support that claim.
Smart people will only invest in great ICO. No matter how many people will advertise their project if the coin sounds like a shit coin they will avoid it.

TheGreatUnknown

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This is also the first thought came into my mind where why some ICO's give some allocation tokens to the bounty for their doings. But I also think that having a bounty campaign can improve the publicity of your project, through signature and social media campaigns. maybe us bounty hunters didn't see the impact but for the times that we share, retweet or post we don't know who our audiences are so having a bounty can increase the publicity and I think it's also a win win situation for the both parties.

carlisle1

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Campaign Management?"Hhampuz" is the Man

Quote from: nalinpuri on March 11, 2018, 07:18:00 AM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

whos giving MONEY FOR FREE?bounty campaign participants work for the payments,they work hard to make the projects popular and soon succeeds,and reality talks most of the bounty campaigns scams participants by not paying their job after the ico.so dont ever says there's free here,because there are not

btc_angela

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Quote from: nalinpuri on March 11, 2018, 07:18:00 AM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

That's why they allocated just a certain portion in a ICO so that they still have some profits at the end. If everything will be just given to ICO, then it doesn't make sense at all. I don't think that there are less people investing on it, on the contrary I believed that every year, more and more people still chooses to invest because they think its a quick rich scheme.

And you wouldn't believed that soft and hard cap are still met, so it only means that ICO's are still profitable.

Jombitt

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Quote from: nalinpuri on March 11, 2018, 07:18:00 AM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

This is one way of advertising their ICO, to make a bounty campaign and hire some participant to promote their through signature campaign here in forum, social media campaign in facebook and twitter. It benefit to the ICO because it will promoted so there will be more investors to come and buy their coin project.

bilal_jan321

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The bounty program is all about the digital marketing of your ICO on platforms like facebook, twitter, Instagram and on Bitcointalk as well. Especially on social media networking sites, there are billions of people.
An ICO can never be successful if it doesn't advertise itself to people worldwide and since the team of ICO is busy with other stuff they have bounty program to market there ICO by professional bounty hunters. There is no doubt bounty program gives good return.

cissrawk

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People promote their ICO through bounty and of course depend how that bounty work then people will be interesting to invest (atleast know that ICO from bounty). Maybe this is help you too

Quote from: hilariousetc on March 06, 2018, 09:33:28 AM

Of course they work and they're often both very effective and profitable. Half of the time I'm not even aware of 99% of these crapcoin ICOs until I see them advertised here by shitposters crapping all over the place; so yes, they're very effective. Also, often it doesn't cost them very much if anything at all. Most are paid out via tokens they've pre-mined themselves so there's no real cost to them. If you don't hire a campaign manager - which many don't - then there's no real loss at all. Many make sufficient money via their crowdsale so it's worth paying one anyway. The shameful thing is that it's counterproductive to them to have a manager who does his job because the more people posting = the more people who see their advert so it doesn't really matter about quality of posts either. This is something that should change though and they shouldn't be allowed to operate here in such a way.

More people that advertising from bounty = more people know about that ICO

akmittal

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There is no doubt that Advertising through bounty is profitable. I myself buy so many coins and tokens through ICO. Bitcointalk is the best platform most of the people involved in crypt are attached with Bitcointalk. So advertising through Bounty is a good way to approach them.

nalinpuri

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I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

Topic: Is Advertising through bounty profitable? - page 6. (Read 784 times)