Topic: To bounty or not to bounty? (Read 523 times)

Frankly speaking bounty managers are just another community managers. If you think your team member has enough time and skills then you don't need a bounty manager at all.

But yes, advantage of bounty managers are that they are more experienced here and know how to create a good bounty campaign. They are also acquainted to basic rules and some members here. And most importantly they have higher ranks which increase the trust of the members in the bounty campaign.

Other than that they are not magical or so!!

I would suggest managing your own ICO, since :

A) you will get a better feel of what is missing and will be in close touch with community;
B) There is nothing difficult except for keeping the right count, and making sure  the participants don't breach terms of the bounty;
C) Bounty managers can not be really motivated to do the job right, and to check on everyone's progress since they are not PART of the team.

I also put together a comprehensive article of medium that may answer additional questions about doing Bounty

https://medium.com/@BigBreak101/ico-bounty-marketing-why-it-is-so-important-29893803201d

I know if the project that he leads to succeed, eat will get a big pay
He also invites to groups of bitcoin groups, such as facebook group, telegram etc. To follow the program that he stretcher.
Invites coin seekers to take part in the project he is carrying.

little I know

Yes, he's the one that manages and checks if those participants of their campaigns are doing their job right so a bounty manager is really an important thing for an ICO.


Those founder or developers does have a load of work to do and they don't have enough time of managing those things so they are hiring a bounty manager. There's no magical contacts or sort of that thing, they just want to leave advertising in the hands of the manager.


Very easy, look at the tons of work and on how he can make that bounty campaigns a quality one by managing tons of participants and with the satisfaction of feed back from the people he managed.

I agree that for many projects, including ours, unless they are very simple and straightforward to understand, there is no one better to manage the bounty program and explain the project as someone in-house, but in many cases, the ICO team, if they are small, does not have the bandwidth to manage thoroughly along with their others responsibilities without some help.

Thanks, I messaged sylon or colorlessK.

We are seeking a bounty manager for the CHEX Token (CHX) project is to grow the launched Cannabis Hemp Exchange (CHEX) platform, and power Supply Chain/B2B Exchange in other industries. The cannabis industry is important to help change the world in the way of medicinal cannabis science & industrial hemp applications, and we are in a position to influence it and solve problems, outlined in our business plan. I invite all to learn more, and refer any bounty managers:

https://bitcointalksearch.org/topic/m.21120617

Bounty managers is important thing for an ICO specially when you are starting one using a newbie account here in bitcointalk since it aids in gaining trust of others to promote your token crowdsale.
They dont have magical contracts with money, they will just ease your jobs by managing the bounty campaign for you, always updating the bounty thread about the news, spreadsheet ans also rule changes that wants to be implemented by your team.
To distinguish a good one from a bad, then just see here in bitcointalk who does their job right and updating their bounty campaign threads on time, just check other bounty campaign threads. The one I will recommend though is Sylon.

the manager of bounty will check each user who joined, he will check the posting of user, where the spamer and where the user can help spread out the ICO, if more people spread out ICO, share to the world, the ico will have more chance to succes, to get bigger investor too.

Bounty manager won't increase "trust" of your project. No matter how good your manager, if your project is founded by scammer, your project will be become nothing.
Manager only make the job become easier (well, that's his main job too)

bounty manager very important, because can incraese trust youre project, and much participant can promote youre project if use campaign manager

I think a good bounty manager is a good idea. Lends credibility to your Bounty program and frees up your time to focus on more important aspects of ICO

That being said, I think Bounty programs where they make you post your activity weekly are going out of favor as more automated options pop up.

There are many mangers nowadays in this industry on which can be says a good bounty manager and has a good reputation in this industry. Those managers are Jamalaezaz, Irpan, Sharma, Sylon, Sergio, aviruness and Bitfinesse are proven and tested very reliable person and most of the token they handled became good and successfull.

I think the manager bounty one of the important positions in a project. So he can handle all campaign-related work, from campaign registration, campaign rules, stakes counting and also questions from campaign participants.

Many developers are new to this forum, so they do not understand much about the rules and features available in this forum.
For example your account is newly created, rank newbie and your account can not post image in this forum.

All the managers here are good, nothing is not good. which is often found on the contrary, the manager is good but the project is not good, the manager is good but the scam project, the manager is good but the developer does not pay bounty and this is a fact.

Wrong. Bounty manager isn't mandatory for running a campaign. Usually dev hired the manager to make their job become easier because they want to focus about their plan.
Monetha and SONM are few of example a campaign could success without a manager. They running their own campaign and their ICO was successful.
Bounty manager is needed, but not mandatory

You are having a bad experience my friend I am really sorry. Well some managers are too busy managing some other ICOs that is why maybe they cant reply. One factor that also results in this is that the Devs of the project dont have any updates actually. Thats why they cant give you updates.

The problem I have right now is that magical first purchaser. I just realized, it turns a little against the project, if you don't have any tokens sold after a few days. But on the other hand it is absolutely logical cause you need time to make the project known.

Sure it is a simple psychology, if nothing is sold people believe it should be something wrong with the project. I assume during the bounty some projects buy their own tokens from different wallets to make it seem like a crowd coming and purchasing, that causes by "real" purchaser the impression the coin is popular and they start to buy.

Well, sure it is an effective way, even if pretty manipulating, but how can you claim after this, your project is such an honest one?

Marketing has not to be fair or honest. But actually it is hard to accept, after you came a long way to the current stage and actaully did it in a absolute honest and fair way.

This dilemma to stay fair or to get succefull a little easier and a little faster you are facing as a project manager almost every day. Well I claim we still moove on the right side !

So everybody who wants to entrust his money to a team who rather likes to convince you than to manipulate, is very welcome to participate in our ICO and to achieve something great together
www.bfreecoin.io

Bounty manager is mandatory of you plan to run Bounty campaign. In past few month I've been in few campaigns with manager and in few without. Those without are always a total mess in the end when it's time to count stake and distribute the bounties.

If you want your project to become popular and successful, you need a Bounty campaign.

I also explored this issue and confirmed my own opinion on this matter. The best way is to organize a bonus campaign by your own, but in order not to lose the main focus, especially for the lack of a person in a team that could conduct this program, it is better to hire someone for operational tasks... to check the posts, articles, translations, communicate with participants, publish the relevant info about program and so on. This will cost much more cheaper than to hire cool manager for project promotion and will save time for the main objectives.

Thank you for your advices, especially the link to the marketing topic is very useful!

You can do everything yourself if you have a team! Yet, no marketing skills or no marketing budget = no crowd and no crowed = no ico success. Hiring helpers here is not a bad thing.. don´t see it as full outsourcing...see it as your support!

Good luck with your ico!

Here are some tips for starting an ico (made by community members) https://bitcointalk.org/index.php?topic=2131560.120