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Author Topic: Why is it that most project is not conducting bounty?  (Read 8869 times)

Offline gotbounty

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Re: Why is it that most project is not conducting bounty?
« Reply #15 on: January 20, 2021, 11:32:39 PM »
The bounty program is one of the promotion methods done by the project. If they think that it is no need to manage bounty, it will not. They may have other promotions ways such as making advertisement on youtube, video, Facebook ads, and many more both online and offline methods.
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Re: Why is it that most project is not conducting bounty?
« Reply #15 on: January 20, 2021, 11:32:39 PM »

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Offline alltalk

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Re: Why is it that most project is not conducting bounty?
« Reply #16 on: January 20, 2021, 11:35:10 PM »
~
You are right. Those are possible reasons why some projects didn't provide bounties. +1
We must know that bounty is only one of the ways to promote the new projects to the public. So, it is not a must for a new crypto project to provide a bounty. Many crypto projects are successful without having a bounty for the promotion. It is only about the choice.
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Offline GREENch85

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Re: Why is it that most project is not conducting bounty?
« Reply #17 on: January 21, 2021, 08:30:03 AM »
n the first days of January, there was a good opportunity to buy DeFi coins, of course, not all of them indiscriminately. And to date, many of the technological projects have already risen well in price from those values. In this regard, I have a question, do you plan to continue purchasing or will you wait for a correction?

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Re: Why is it that most project is not conducting bounty?
« Reply #18 on: January 21, 2021, 09:20:18 AM »
n the first days of January, there was a good opportunity to buy DeFi coins, of course, not all of them indiscriminately. And to date, many of the technological projects have already risen well in price from those values. In this regard, I have a question, do you plan to continue purchasing or will you wait for a correction?
It is better to wait for any corrections that may occur so that there is certainty that can always make and can change our view to take further action.
but why do you believe that defi is the best, because a lot of counter-productive news about defi itself.
hopefully your explanation can strengthen for those who may not believe about defi.
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Offline KKH84

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Re: Why is it that most project is not conducting bounty?
« Reply #19 on: January 21, 2021, 09:27:53 AM »
Recently I came across a new project that has no bounty, but it just has an airdrop, maybe it's meant to create a community about their token, this project is called SafePal (SFP) and now their telegram group already has 43K more members.
I think this project already has a big budget, I have no intention of promoting it but if you want to know about this project you can read it here https://safepal.io/

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Re: Why is it that most project is not conducting bounty?
« Reply #20 on: January 21, 2021, 06:20:47 PM »
Sometimes, if they do not need any additional promotion, they will not use the bounty program. Moreover, if they have a partnership in clear companies and also listed in the top exchanges. they will probably be sure that their projects will be successful.

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Re: Why is it that most project is not conducting bounty?
« Reply #21 on: January 21, 2021, 06:48:01 PM »
I guess they don't have enough funds to pay bounty hunters or maybe they believe that launching a bounty is not really help to gain investors or they are confident that they will succeed without bounty. There are many reasons why they not launch bounty campaign but in my opinion they should launch a bounty because we can help to gain investors in their project and who knows some hunters there were also big investors and willing to invest the project.

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Re: Why is it that most project is not conducting bounty?
« Reply #21 on: January 21, 2021, 06:48:01 PM »


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Re: Why is it that most project is not conducting bounty?
« Reply #22 on: January 21, 2021, 08:23:24 PM »
There can be many reasons to this, one of them being that the project might have a better marketing strategy, so they decided not to go for bounty program, since that seems to be the purpose of bounty in the first place.
I personally think it's not out of place if some projects don't conduct bounty, it's their choice as long as they have a good plan or other ways of bringing in investors or they already have enough money to develop and establish the project.
But personally, I see bounty as a way of also giving back to the community not just about marketing and stuff.
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Re: Why is it that most project is not conducting bounty?
« Reply #23 on: January 21, 2021, 11:55:38 PM »
I don't think they don't Many projects still use bounty as one of the ways to promote their projects and spread the projects easily through forums, social media, website, YouTube, and other media. For projects that do not promote by the bounty, commonly they have other ways that are also easy to attract more investors

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Re: Why is it that most project is not conducting bounty?
« Reply #24 on: January 22, 2021, 09:13:15 AM »
~
You are right. Those are possible reasons why some projects didn't provide bounties. +1
We must know that bounty is only one of the ways to promote the new projects to the public. So, it is not a must for a new crypto project to provide a bounty. Many crypto projects are successful without having a bounty for the promotion. It is only about the choice.

Indeed. Bounty is a choice and not really necessary for some projects. Logically, why need to run bounty if the project is already successful to their marketing and already have enough funds.

Offline Willitivity1

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Re: Why is it that most project is not conducting bounty?
« Reply #25 on: January 22, 2021, 12:50:35 PM »
Clearly the crypto sphere has changed alot since the 2017 bull run that bounties where all over every place, there where so many bounty taking place at time unlike now, you rarely see any new bounty for a month, they are tons of projects that have been out and became successful even without conducting any bounty, bounties have lost their touch, I just pray it doesnt  stop coming.

Offline Vladok

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Re: Why is it that most project is not conducting bounty?
« Reply #26 on: January 22, 2021, 01:03:48 PM »
Most likely due to the fact that after the generosity of companies, the price of token projects usually falls, and this is very unprofitable for projects

Offline masterrex

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Re: Why is it that most project is not conducting bounty?
« Reply #27 on: January 22, 2021, 01:13:15 PM »
IMHO, I think bounty campaigns are the cheapest form of promotion, thats why I believe that those projects that have not run any bounty campaign have a budget for more expensive marketing promotions thats why they dont run any bounty promotions. or bounty campaigns.

Offline Beattysuhita

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Re: Why is it that most project is not conducting bounty?
« Reply #28 on: January 22, 2021, 02:31:27 PM »
The bounty program is one of the promotion methods done by the project. If they think that it is no need to manage bounty, it will not. They may have other promotions ways such as making advertisement on youtube, video, Facebook ads, and many more both online and offline methods.
Indeed, it is their decision to hold a bounty or not, but actually this bounty has a lot of advantages for them. Therefore I think in the future, all new Crypto projects will have a Bounty campaign to promote their project.

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Re: Why is it that most project is not conducting bounty?
« Reply #29 on: January 22, 2021, 02:41:18 PM »
Not many new projects care about running a bounty for their startup this days. In my own understanding, this can be attributed to a number of factors such as;
1. Project already have enough resources to handle their marketing
2. Project may already have an existing community, hence would not want to do more community promotion.
3. Project team does not know or like the idea of bounty campaign

I dont believe in the idea that projects stay away from bounty because they fear dump by hunters as that can always be managed even if the project is not very solid.

 

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