It is very good if there is a new project and create a bounty campaign by hiring a good service bounty manager because they dare to pay dearly, but as usual that doesn't guarantee everything will return to the project team
whether or not to attract a lot of investors, listings in the market with good volume and finally clear in the information on the distribution of tokens for bounty hunters, what bounty hunters need is clarity on when to distribute tokens and listings on the market
Topic: My suggestion for new projects team who want to promote their projects (Read 582 times)
November 07, 2020, 10:35:44 AM
November 07, 2020, 10:07:12 AM
I do not believe that you need to be listeed anywhere decent anymore, you could just use uniswap and that is all most of the new projects need. While we are in this period, starting a regular old ICO and trying to get listed is just backwards thinking and you shouldn't do that.
A new project should consider being an ethereum blockchain backed one heavily but if not at least tron because if you are involved with erc20 wallets that means you will be capable of getting traded on uniswap as well which would give you instant boost. With liquidity providing and yield farming and staking, you are going to get a lot of attention and trading, add bounty and airdrop on top of that which could be automated nowadays, you are going to get famous as well. So things are a lot easier for new projects these days.
A new project should consider being an ethereum blockchain backed one heavily but if not at least tron because if you are involved with erc20 wallets that means you will be capable of getting traded on uniswap as well which would give you instant boost. With liquidity providing and yield farming and staking, you are going to get a lot of attention and trading, add bounty and airdrop on top of that which could be automated nowadays, you are going to get famous as well. So things are a lot easier for new projects these days.
November 07, 2020, 08:23:19 AM
Limited participants and low bounty allocation is more better than unlimited participants and high bounty allocation, this will prevent the token or coin value to collapse, bounties isn't about how many tokens you can earn, it's about the quality of the project, quality gives higher value
If the project is quack, there's nothing that will be out of it even with less participant. If project is strong enough, bounty payments shouldn't be a problem. How they spent it will not have negative effect on market price and hodlers.
Take for example, If binance airdrop or organize a bounty worth of $1m bnb, do you really think it will affect the price if they reward unlimited participants? No!!! Because binance is a solid projects. This is what new projects should learn and focus on instead of their crooks way of raising capital to finance a project without proper use case. Product before money, investors will rush to buy it including Bounty allocation.
November 07, 2020, 03:33:02 AM
Teams with zero knowledge about crypto will surely take some wrong steps, look at coinmarketcap still rating p2pb2b exchange as a top exchange, If team use coinmarketcap to select exchanges thy will surely choose p2pb2b exchange and it's listing is cheap too, on this part I still blame coinmarketcap
November 07, 2020, 03:14:27 AM
3. Go for strong exchanges with no fake volume
Listing the new coin project in strong exchange is need huge moneyand that doesn't mean the new project will be a great project after list in strong exchange.
One important tips from me, Tokensale is the main way to see the result of project.
November 06, 2020, 06:50:12 PM
Heard of it many times but you can't dictate what they must do. If the project has their own style of managing, choose them or choose not to participate with their bounty.
IMHO, they know all of those factors but it's not favorable to them because all of those are favorable to the bounty hunters. If they do care a lot with their bounties and participants, we will rarely see bounty projects that are failing and no bounty hunter will complain.
IMHO, they know all of those factors but it's not favorable to them because all of those are favorable to the bounty hunters. If they do care a lot with their bounties and participants, we will rarely see bounty projects that are failing and no bounty hunter will complain.
November 06, 2020, 06:46:30 PM
I extremely agree with you. For a good projects that wants their project to be known by several crypto enthusiast, they must build a good and respective team stuffs, also find a good and trusted Bounty Manager so that the project would be easily known. Also if the project's token is listed to an exchange, it should be known exchange that has good reputations and also for the betterment of the project, bounty participants should be choose accordingly with only limited participants so that the bounty allocation would be good enough for the participants.
November 06, 2020, 06:38:04 PM
But I agree that participants should be limited. For allocations, as long as it will just take 5% to 10% of total supply, should be fine.
5%-10% is too much and will make the price dumped. Try to imagine if the total supply is 1Million if 10% = 100K, that amount will make the project become fail. The amount that makes sense 1%-4%max. We want to enjoy the profits and so many bounty hunters will sell immediately the token if already listed and 10% will kill the project and make us don't enjoy it 
November 06, 2020, 06:19:19 PM
Project teams don't have an idea about how the bounty campaign should work here so they need a guide from a good bounty manager. They have their own set of bounty and adjustments will be made by the manager.
And listing up to strong exchanges is not as easy as you think. If a listing is that easy, we should see shitcoins too on big exchanges most of the time.
But I agree that participants should be limited. For allocations, as long as it will just take 5% to 10% of total supply, should be fine.
And listing up to strong exchanges is not as easy as you think. If a listing is that easy, we should see shitcoins too on big exchanges most of the time.
But I agree that participants should be limited. For allocations, as long as it will just take 5% to 10% of total supply, should be fine.
November 06, 2020, 06:11:36 PM
1. Find good bounty manager
Such managers cost money, which the project often does not have. But this kind of spending pays off with interest.
3. Go for strong exchanges with no fake volume
This also costs a lot of money. All major exchanges are not cheap, which complicates the entry threshold for new projects.
4. Accept limited participants in your bounty champigns
This reduces the chances of the project to raise funds, because in this case the noise around the project will be much less.
5. Introduce phase distributions
What can help from a dump, provided that by the time of the first phase, the token has already been released on the exchange.
Such managers cost money, which the project often does not have. But this kind of spending pays off with interest.
3. Go for strong exchanges with no fake volume
This also costs a lot of money. All major exchanges are not cheap, which complicates the entry threshold for new projects.
4. Accept limited participants in your bounty champigns
This reduces the chances of the project to raise funds, because in this case the noise around the project will be much less.
5. Introduce phase distributions
What can help from a dump, provided that by the time of the first phase, the token has already been released on the exchange.
November 06, 2020, 05:57:51 PM
I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
For the rest except no3 is easy to do, because that decision in their hands, but for no3 is not easy to choose strong exchanges. Every new project wants their coin listing in great exchanges but needs many requirements and if they come with low funds, he cants do it. That's why select low exchanges is only the a solution1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
If they can't list their token in some good and strong exchanges because of their funds is low, that means the projects is bad.
I'm sure the good projects will reach the target for the funds from their sale. Then they must have funds allocation for listing in some strong exchanges.
November 06, 2020, 05:42:34 PM
Finding a good bounty manager seems to be easy right now because managers are few nowadays. Almost who have been left in this forum are those who gave good results for the past projects such as wapinter. However, I can't say that every managers today has legit project because after all, the blame is in the project. If they are serious at the development of their project or not. Managers only hold the campaign but they are responsible for the success of the project and trust of their bounty hunters.
November 06, 2020, 05:40:37 PM
I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
For the rest except no3 is easy to do, because that decision in their hands, but for no3 is not easy to choose strong exchanges. Every new project wants their coin listing in great exchanges but needs many requirements and if they come with low funds, he cants do it. That's why select low exchanges is only the a solution 1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
November 06, 2020, 03:20:22 PM
I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
It is quite obvious now that even if the team and the project is good if they are having an IEO at a low grade exchange where eventually their token is going to trade, then keep in mind that the project is only going to raise small funds and secondly the price is going to dump like crazy, this has been seen many many times so new projects should avoid bad exchanges at every cost. 1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
November 06, 2020, 03:01:21 PM
I disagree that it looks as "obvious" as you guys are making out to be, it is not as "obvious" as you might imagine when things are this hard to achieve and majority of projects fail to do this. Look at bitcointalk bounty part and you will see that half of these things listed here are not done by many projects, there are really only just a few places that does all of this correctly without missing a single one.
It means, it does look "obvious" to you but when you get involved with a project and see how hard it is, you realize that if you want to do all of these correctly, you will end up losing most of your money and your investment and you will fail to get rest of the project going if you just focus on the bounty. So they end up not doing all of them correctly and just pick few that will make them look legit.
It means, it does look "obvious" to you but when you get involved with a project and see how hard it is, you realize that if you want to do all of these correctly, you will end up losing most of your money and your investment and you will fail to get rest of the project going if you just focus on the bounty. So they end up not doing all of them correctly and just pick few that will make them look legit.
November 06, 2020, 02:04:11 PM
I find it disturbing for someone to think he/she has a better opinion of how things should be done. There are many successful bounty campaigns in the past and they have deployed different methods of how to go about their project. There is one thing I have observed in this space, everything is relative so make your choice
November 06, 2020, 11:52:21 AM
3. Go for strong exchanges with no fake volume
November 06, 2020, 10:03:27 AM
4. Accept limited participants in your bounty campaigns
Since bounty hunters are being blamed by investors and the project itself for the sudden decrease in price of the token, they should at least reduce or try to limit their bounty participants. It is not only for their good but also for bounty hunters who are expecting a decent reward for promoting the project.
November 06, 2020, 09:09:51 AM
Limited participants and low bounty allocation is more better than unlimited participants and high bounty allocation, this will prevent the token or coin value to collapse, bounties isn't about how many tokens you can earn, it's about the quality of the project, quality gives higher value
November 06, 2020, 06:56:40 AM
I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
I agree with all of them and the most important thing to me is the 4th one, when they share it as stakes, would be difficult to find out if it worth it or not since we don't know how many would participate till last seconds.
Jump to: