Will social mining replace bounties? - page 2.

Gunday_07

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Quote from: nykka on November 25, 2020, 07:22:58 PM

Quote from: AhmadM on November 25, 2020, 07:15:30 PM

Quote from: nykka on November 25, 2020, 02:24:16 PM

What do you think about it and can DAO Maker invention replace bounty campaigns in the future?

The amount that you earned from Elrond was so impressive and it might be alluring for some bounty hunters to give it a try at social mining of DAO Maker. As far I know social mining does not have lots of differences from bounty campaigns it has a limit on the participants that could join in it and has allocations $5k-10k monthly rewards. There is a possibility it would replace bounty campaigns in the future.

Maybe I earned this amount only because of luck and big hype before Elrond mainnet, which boosted price a lot, but the other example, Avalanche. Everyone could earn there 200+ AVAX tokens as I mentioned in previous answer

That's insane reward, I'm just hearing about social mining for the first time and I'm willing to do some diggings about it, if people can make money through high quality projects like AVAX and Elrond it will be a better option than bounties but I'm guessing the rules will be difficult, thanks for sharing this information

cryptogod322

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It has already replaced the bounty, personally, I no longer participate in regular bounty, since 99% of them turn out to be a scam, but on social mining I earned a lot and I really like this new approach to bounty!

Menawi12

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It is possible for social mining to replace the bounty campaign, but I think the bounty campaign will still exist because some projects really need it to attract new investors. The bounty campaign is needed by the team because in my opinion the marketing costs are cheaper and the reach is quite broad

bits4books

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Crypto is not a religion but i like it

Any rating can be screwed if you have enough desire. This is not the most stable system and looks even more like a Scam than it could be.
This may not be the worst alternative, but only if the security of the protocols is sufficient for real stability.

Rowenta

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Social mining is very good but let's all stop trying to find replacements, bounties have been around from the beginning and if this social mining is good enough it can co exist with bounties too, ways to earn in crypto space shouldn't be limited I believe so let social mining do it's thing while bounty hunter do their thing too

Salauddin1994

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It is hard to imagine an organization succeeding and growing substantially every year without an effective strategic strategy advertising is how a business promotes itself and its products and services in a variety of ways. Social media advertising is one of the most effective forms of advertising these days and is embracing almost all businesses big or small new projects cannot achieve development due to lack of publicity but social excavations help with propaganda.

Aletheaminlin

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2+1=3

I think both ways are geared towards project diffusion, but honestly I think for DAO MAKER they carefully select projects and if they are not the ones who invest and look for new projects. it will be hard to see it and I think it is not as strong as bounty, because here bounty attracts a lot of participants and it is easier to spread.

meanwords

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It's hard to say. Social Mining only pertains to platforms outside Bitcointalk I think and according to this

https://drive.google.com/file/d/1If09qzgjCv6Qd0epymh8nnZDJD1QUpSO/view

They will ask for KYC. I can say that bounty campaigns strategy is very different from DaoMaker and will most likely not replace Bounty Campaign anytime soon (or never will unless they do something that is very similar to bounty campaign but is more convenient). Nevertheless, you can work on both and benefit from both of them at the same time.

nykka

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Quote from: AhmadM on November 25, 2020, 07:15:30 PM

Quote from: nykka on November 25, 2020, 02:24:16 PM

What do you think about it and can DAO Maker invention replace bounty campaigns in the future?

The amount that you earned from Elrond was so impressive and it might be alluring for some bounty hunters to give it a try at social mining of DAO Maker. As far I know social mining does not have lots of differences from bounty campaigns it has a limit on the participants that could join in it and has allocations $5k-10k monthly rewards. There is a possibility it would replace bounty campaigns in the future.

Maybe I earned this amount only because of luck and big hype before Elrond mainnet, which boosted price a lot, but the other example, Avalanche. Everyone could earn there 200+ AVAX tokens as I mentioned in previous answer

nykka

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Activity: 252

Merit: 11

Quote from: Zeehaxan on November 25, 2020, 04:20:21 PM

Quote from: nykka on November 25, 2020, 02:24:16 PM

In this topic I would know if people believe in social mining as instrument of spreading the word about contemporary crypto projects or bounties are still actual?

Company called DaoMaker already arranged some social mining campaigns and successfully finished them. Such projects as Elrond, Avalanche, Orion and some others were on the platform and many people got opportunity to earn a lot for useful work. I earned about 3k$ on Elrond Social Mining without any really professional skills.

What do you think about it and can DAO Maker invention replace bounty campaigns in the future?

Social mining that you are talking about is a limited service with country restrictions and mostly small budget i am not sure how you can even compare them with comprehensive bounty campaigns? Both are different my friend.

You`re right, there are some restrictions and rules there, but nothing can be perfect.
Difference of the budgets is a very big dellusion, Elrond had 6 rounds and pool of every round was about 7-10M Erd, it`s equal to about 80.000 eGLD what is about 800.000$ right now and about 2 millions in the July, when price was so high. The same situation is with AVAX. Everyone could easily earn 200+ AVAX tokens, it`s about 1k$ for now and I know a lot of people who got all these tokens. And don`t understand, in that moment Elrond was already listed on Binance exchnage and some others, AVAX team was preparing for doing the same. So these budgets are big and what`s the most important thing, they are real and have liquidity.

AhmadM

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Quote from: nykka on November 25, 2020, 02:24:16 PM

What do you think about it and can DAO Maker invention replace bounty campaigns in the future?

The amount that you earned from Elrond was so impressive and it might be alluring for some bounty hunters to give it a try at social mining of DAO Maker. As far I know social mining does not have lots of differences from bounty campaigns it has a limit on the participants that could join in it and has allocations $5k-10k monthly rewards. There is a possibility it would replace bounty campaigns in the future.

nykka

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Activity: 252

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Quote from: fadhilz123 on November 25, 2020, 06:06:46 PM

I don't know exactly about social mining, but I'm sure this kind of system can't replace bounty. For using this system of course must pay certain costs, and I think not all project will do it. So bounty is the solution, the team just hire bounty hunter for free promotion(paid from their own token)

What about the example of a successful project? It because of the partnership, not because of the social mining system.

Avalanche was also successful Yeah, good partnerships are necessary, but it`s the idea, only good and prospective projects launch own social mining, so participants can be sure they will get worthy reward

Baofeng

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Is social mining can be promoted here? If not then it can't replace bounties in my opinion. This community is the biggest and most recognised platforms are far as crypto currency goes, so many project are still going to utilised this community to spread the word about their project through bounty campaigns. So I don't see social mining making bounties obsolete in the feature. Bounties will continue to thrive here no matter negativity it has gotten till now.

fadhilz123

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casinosblockchain.io

I don't know exactly about social mining, but I'm sure this kind of system can't replace bounty. For using this system of course must pay certain costs, and I think not all project will do it. So bounty is the solution, the team just hire bounty hunter for free promotion(paid from their own token)

What about the example of a successful project? It because of the partnership, not because of the social mining system.

minatour

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Not that familiar with social mining, I only know much about bounty and airdrop, so I can't really predict what the future could hold for both.

Zeehaxan

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Quote from: nykka on November 25, 2020, 02:24:16 PM

In this topic I would know if people believe in social mining as instrument of spreading the word about contemporary crypto projects or bounties are still actual?

Company called DaoMaker already arranged some social mining campaigns and successfully finished them. Such projects as Elrond, Avalanche, Orion and some others were on the platform and many people got opportunity to earn a lot for useful work. I earned about 3k$ on Elrond Social Mining without any really professional skills.

What do you think about it and can DAO Maker invention replace bounty campaigns in the future?

Social mining that you are talking about is a limited service with country restrictions and mostly small budget i am not sure how you can even compare them with comprehensive bounty campaigns? Both are different my friend.

Kavelj22

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Quote from: usekevin on November 25, 2020, 04:03:20 PM

Quote from: Leah38 on November 25, 2020, 03:30:53 PM

Social mining is effective at some ways for advertising and marketing but I can't say it will totally replace bounties. Companies/projects I'm sure have their own strategies to create successful outcome.

Some people think about the existing of both rather than the replacement.Because the co-exit had a lot of advantage in all field and instead of replacement.Bounty had received a good feedback now and many legit project paying with their tokens and hunters gain some decent money.

Still a lot of scam projects whom their intention is just to seal money from investors who will buy the fake token during fundrise. This platform called DaoMaker sounds really cool by listing tasksfor trusted projects and the paiement is clear.

One last thing, i checked some of those social mining platforms, some of them require KYC in order to get paid but this is not necessary to join and start mining.

pedrillo0

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Nada y Tú?

Quote from: nykka on November 25, 2020, 02:24:16 PM

In this topic I would know if people believe in social mining as instrument of spreading the word about contemporary crypto projects or bounties are still actual?

Company called DaoMaker already arranged some social mining campaigns and successfully finished them. Such projects as Elrond, Avalanche, Orion and some others were on the platform and many people got opportunity to earn a lot for useful work. I earned about 3k$ on Elrond Social Mining without any really professional skills.

What do you think about it and can DAO Maker invention replace bounty campaigns in the future?

Social media and marketing campaigns are another world.

Social mining would be another world!

I'd be to see if they succeed over time ...

kindbtc

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Definitely worthy platform and it may increase in popularity next year but bounty campaigns are a lot more then just social media marketing as they involve articles, videos, translations, signatures and other customised tasks and campaigns as well so i do not think that bounties are going anywhere.

usekevin

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Quote from: Leah38 on November 25, 2020, 03:30:53 PM

Social mining is effective at some ways for advertising and marketing but I can't say it will totally replace bounties. Companies/projects I'm sure have their own strategies to create successful outcome.

Some people think about the existing of both rather than the replacement.Because the co-exit had a lot of advantage in all field and instead of replacement.Bounty had received a good feedback now and many legit project paying with their tokens and hunters gain some decent money.

Topic: Will social mining replace bounties? - page 2. (Read 519 times)