Bounties Extra Money or Waste of Time?In 2017 there were not many cryptocurrency related services that could be used for social media marketing campaigns because there were not that many. Bitcointalk had a section called altocoins that allowed people to talk about new projects and also had a market that was full of scammers.
With whales using bitcointalk new cryptocurrency projects rely on their help and signature campaigns are becoming more popular. There are lot of gambling sites on Bitcointlak's signature campaigns but why? Because whales often throw their BTC at them and get taken advantage of by them. In the end they spend their money on things that aren't important.
Crypto bounties can also be in the form of asking for certain people in the field . It could be about how to make white papers websites art or something else. Bloggers can also write an article on a blogging site or they can be more technical and do things like find bugs on a platform and get money for it.
People who signed a petition in that forum at the beginning of 2021 did well. It has been a long time since I used Bitcointalk though . I don't the content there is very useful. Most of the people there are BTC maximalists who are trying to get other people to join them. However the tokens I got were worth between 1250$ and 1500$ . And the amount of work I had to do was just 20 comments a week for two monts. This is an easy task that only takes five or ten minutes of my time each day. I do this task every day.
But I haven't found another reward like this one. The rest were weak and might pay $40 in tokens in a few months. Another thing that makes it hard for anyone to rise in rank on Bitcointalk is the fact that the ranks are very limited. This makes it impossible for anyone to rise without help from friends. For this campaign you will need your posts and comments to get 100 merits in order to become a full member . That's what most people expect from this kind of campaign.
I've taken part in social media campaign bounties before (Linkedin, Twitter, I don't have Facebook) I got tokens from half of theses projects, but the amount didn't match the ICO days. It was between $10 and $50. There were projects that had a lot of promise and their price went up 10-20 times later. There is a risk though that the price could fall by 90% if you keep it.
Bounties for Social MediaThe first thing you'll need is a lot of followers on social media. The more people who follow you the better your rewards will be. And this is not what social media platforms want so they might ban accounts that try to break the rules in order to get more followers.
This is where rewards don't work and the project doesn't work at all as it turns out. They don't care about how good their social media posts are or how many followers they have. For a few dollars there are a lot of services that can help you get more twitter followers. It's also possible to pay for shill services that charge more but users always interact with the post in positive way toward the account owner.
The more real followers an influencer has the less likely they are to participate in Bitcointalk bounties. They will get requests in DM and some even have someone else do this for them.
