Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Delgboke on January 20, 2021, 01:13:00 AM
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
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Well, bounty promotions like what we can see in this forum and in that other more popular forum out there is not the only way to generate people's interest to invest and support a project. In the past especially in 2017 when ICOs made the big rage, bounty promotion became the norm. Still, we have to be thankful that there are still those who are doing bounties to promote their projects and many of new DeFi projects do have bounties actually, maybe not necessarily in this forum.
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Perhaps some projects do not have the finances to pay the bounty hunters later, or they are simply already known and they do not need marketing, since everything is fine with them.
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There are several reasons why new projects no longer organize bounty any more, I think most of the new crypto projects have no idea about this crypto forums, some of them are aware of the forum but don't trust that bounty campaigns can help bring exposure to their projects, so these days they only conduct IEO on top exchanges like binance in order to gain the exposure they need.
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The reasons may be different, but the main one in my opinion is that the project does not need advertising and the mass dissemination of information about it, since they are already doing well with the sale of tokens and fundraising. It may also be the reason that the project team does not see positive for them from the bounty campaign and believes that this will not significantly affect their state of affairs. As we can see projects that hardly raise funds launch bounty to achieve their result and when there is no result, they simply do not pay the bounty hunters for the work.
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Many new start up projects, especially on the Defi might have adopted a twitter campaign awareness bounty without using some of the crypto forums. You find these projects shared on Twitter through certain airdrops campaign with BOTs, and some of them only make announcement on Twitter about token sales.
I have seen some project launched on binance IEO pad without bounty activities on some these crypto forums, even bitcointalk/altcoinstalks. I think some of these new start up projects has no idea about campaign on forums, or they may be no fund to carry out forums bounty campaign etc.
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
+1 for good idea
I think some projects may want to develop until there is 1 MVP for the community before officially launching a bounty campaign to promote their IEO/ICO. Before that, the project will work on the members' money or the investment from angels.
It's really confusing that many projects still blame hunters for negative volatility in token prices on exchanges :)
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
+1 for good idea
I think some projects may want to develop until there is 1 MVP for the community before officially launching a bounty campaign to promote their IEO/ICO. Before that, the project will work on the members' money or the investment from angels.
It's really confusing that many projects still blame hunters for negative volatility in token prices on exchanges :)
Thank you.
Actually, to blame hunters is playing safe to cover something wrong within the token value. Of course investors play the important role to maintain the strong imagine of the project. They are the main character to build the project.
Hunters sometimes are misunderstood by them. Even we are not responsible for token price dump. Still they pinpoint hunters because hunters character is support and leave in some cases.
Nevertheless, we hunters sometimes does not remain hunters. Some of us here are hunters/investors/traders. Salute to all reputable hunters who can read this.
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So far, there are so many types of projects that exist. If indeed a project does not contain a bounty, then maybe they have their own way of attracting investors. Of course there must be a strong reason for this happening.
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Some projects are just so confident in their success that they do not need a bounty company, and most of them are really successful, for example, I do not remember that I conducted a bounty project DOT, and now they occupy the top 4 CMC.
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
@Master107 a very accurate list and with which I agree, with your permission, I will add 2 more points.
7. The team behind the project doesn't trust the bounty managers and they don't want to waste time or resources doing it themselves.
8. Depending on the amount allocated to the bounty they are afraid of a massive dump, and they don't want to do buyback programs to mitigate the dump.
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It seems to me that projects that do not carry out bounty companies simply do not need additional advertising. They are simply confident in their own ability to advertise the project. They obviously have the people and resources to do this. Other options, in this case, are secondary.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
Every year there is something that stands out even more. When in 2020 with the emergence of defi, it can be said to be quite successful in attracting crypto connoisseurs. This cannot be separated from the innovation given to enthusiasts. Maybe in 2021 there will be new innovations that can give its own color that can have a positive effect on crypto, automatically it will also have an effect on crypto coin prices.
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Yeah seems like almost all new projects are defi based and they are raising money via IDOs so most of them do not really care much about marketing and bounty campaigns as well but i think soon we will see good projects in different niches with decent bounty campaigns as well.
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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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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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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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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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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/ (https://safepal.io/)
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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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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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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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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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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.
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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.
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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
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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.
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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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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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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?
hopefully your explanation can strengthen for those who may not believe about defi.
This is rather not an explanation, but an attempt to find out the opinion of forum users about DeFi projects at the current time. And in order not to create a bunch of topics, I asked a question in this one.
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They may be very confident being successful without bounty and tey have had their own promotion that is more promising. SOmetimes they think that bounty will only dump their projects. And this is sometimes true enough after listing
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Because they do not need the promotion because this is only one of the ways to promote their project and not all teams want to use the bounty. They probably prefer to use other ways of promotion or directly have IEO in top coins, that makes sense more
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They may be very confident being successful without bounty and tey have had their own promotion that is more promising. SOmetimes they think that bounty will only dump their projects. And this is sometimes true enough after listing
If the project is not serious I agree, because a serious project will always anticipate what they do, holding a bounty is not the reason that the project fails,
It may be true that they have other plans to promote their project, because there are so many ways to promote a project without having to hold a bounty.
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Also think that making a bounty is the "cheapest" way to promote a project, although not all teams do. If a project is really new and innovative, there are companies that invest directly in those projects, and only with that its popularity multiplies. The last time I saw it, Pantera Capital was the investor, and the project flew to the moon. But it is not easy for Pantera Capital to be interested in a project, it must be something really good.
The options are not many, the cheapest and easiest thing is to make a bounty, the teams that do not do it are very sure of their project or perhaps they are not clear about what they are doing. What is not planned today will be a problem tomorrow.
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I think this is because bounty companies do not give such an effect in promotion as it was earlier in 2017-2018, companies find more effective ways to promote
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@tampy784t I think bounties work great, but teams have to know how to plan them, both the teams with clear rules and a budget according to what they want to do and the bounty manager, the more knowledge and experience they have of the world of cryptocurrencies the more users it will attract to the promotion. In this forum there are some of the best bounty managers and they bring us good projects, if bounty didn't work as you say they wouldn't bring any project.
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Bounty companies today and three years ago are very different. Now bounty companies discredit more than help promote the company.
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@batishta10 I've seen what you say several times. When something like this happens it is for very specific reasons such as when a team does not want to pay the agreed budget and they cut it, when a team wants to pay in several phases, when a team puts in a very large budget and then they are afraid of the dump of their coin/token. I've never seen a bounty manager or users discredit a team or project for no reason.
That is why I said in my previous post that what a team does not plan today will be a problem for tomorrow, efficiency, planning and not forgetting anything is the beginning of a good bounty for a team that wants to boost its project.
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Because maybe at this time promotional media such as YouTube, Tik Tok or other social media have better reach than bounties. And indeed this bounty requires a large amount of funds. Maybe this is the reason.
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@Arendra is possible but I would not promote a crypto project on Tik Tok or similar sites, I'm not saying it's useless, but that kind of social media may not be the most appropriate from my point of view. What I would not do either is pay John McAfee $100,000 to put a simple tweet saying that this project will go far. If a team is confident in what it is doing and has good plans, a "normal" bounty will help them promote their project.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
Its really true that Defi has grown fast on crypto industry but it is so tough to hold the platform at the moment .I think the security fact will be the main reason to resist here the process but it will be more popular in crypto industry cause we can be anonymous here .
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As far as I know that most projects don't conduct a bounty because they have had good workship with trusted big companies. So that they can help promote their projects without spending tokens or funds for bounty. ANd they probably also think that bounty is not effective.
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Bounty loses its relevance because many hunters forget about the project after the sale of project coins.
Now staking works much more efficiently and users value the project's coins more but not everyone is ready to participate in this, so bounties are still relevant.
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Bounty companies today and three years ago are very different. Now bounty companies discredit more than help promote the company.
Bounties today are really different from 3 years ago because the world is in crisis to solve the current situation of covid. I think after this thing is over the world will be in great peace and stable again. Everything will be good again.
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Currently, perhaps a new method by promoting a project through social media is considered to be more effective. And this of course also saves more budget.
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The search for a bounty recommended is in view of the development of the project and the ico under way, whether or not it appears to be developed. Some have a watch on the bounty or manager.
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I will look at new projects like UNI, actually when we talk about bounties, the goal is to get jobs and profits from the new project.
However, some projects such as Uniswap hold airdrops without the knowledge of many people.
this is a good bounty and better than the bounty, because each user gets a big profit, 400 UNI tokens is a big amount if we look at the current price of $ 7
So, when a new project doesn't run a bounty, chances are they will do an airdrop and we can still participate in the project
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Yes @pelana vreo but not all airdrops are from projects similar to Uniswap, nor will they have the same capitalization, I think it is more than proven that out of 100 airdrops very few leave you some money (much less the amount you say), since most are scams or the #DevelopmentTeam leaves the project unilaterally.
I'm not against airdrops, everyone can do whatever they want with their time, what i mean is there are more rewards that work well than airdrops that work well.
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Yes @pelana vreo but not all airdrops are from projects similar to Uniswap, nor will they have the same capitalization, I think it is more than proven that out of 100 airdrops very few leave you some money (much less the amount you say), since most are scams or the #DevelopmentTeam leaves the project unilaterally.
I'm not against airdrops, everyone can do whatever they want with their time, what i mean is there are more rewards that work well than airdrops that work well.
It seems to me that it is not entirely correct to compare airdrops with the one conducted by Uniswap. Usually, when airdrops pass, we perform some kind of task, knowing in advance that we should receive a reward for this. And Uniswap essentially thanked its followers for their contributions.
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I think many crypto projects are successful without the need for an ICO or bounty campaign. The reason they don't conduct ICO or bounty programs I think is because they are confident in the ideas and solutions offered by their platform. Or, they have a limited budget to be able to conduct an ICO or bounty program.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
Defi( decentralised finance) projects are the most important project nowadays. Most of the defi projects becoming successful due to lower amounts of supplies. But some projects are also available in Bounties but they don't give us payments.
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There is a wave of improving cryptocurrencies around the world. Constantly new projects have improved the market. Currently most investors are making a profit by investing. But for the last three days I have been losing money by investing in new projects. There is no bounty campaign for DeFi projects in the market.
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I will look at new projects like UNI, actually when we talk about bounties, the goal is to get jobs and profits from the new project.
However, some projects such as Uniswap hold airdrops without the knowledge of many people.
this is a good bounty and better than the bounty, because each user gets a big profit, 400 UNI tokens is a big amount if we look at the current price of $ 7
So, when a new project doesn't run a bounty, chances are they will do an airdrop and we can still participate in the project
Good airdrops happen when there are few participants. Or where you need to make some kind of financial transaction. Of course, it attracts many scammers who collect ethereum on this hype. If the binance exchange says that each registered person will be given $ 1000, then mass registrations will begin and this will not be a successful airdrop. You need to do everything quietly.
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I have been participating in bounty companies for 5 years now and I see that they become effective every year and give less benefit to projects from the efforts invested in them
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The bounty is done for those who do not have large funds and they only rely on various forums to attract all investors into the project that has been planned.
The DeFi project also needs marketing but I think DeFi doesn't need a bounty because they have marketed themselves by means of token swap on DEX which are immediately felt by investors.
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What also happens on some occasions is that #DevelopmentTeam s do not want to "risk" their funds, sometimes it's personal money, to make the bounty. That is why they prefer to pay with the funds of the ICO or IEO. If the project and the sale go well they can pay without problems, if the sale of coins/tokens goes wrong they lose money from their pocket.
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I honestly can't blame some nbounties because some project just cannot create room for bounties. Lately we have airdrops instead from top top platform starting from uni, then 1inch and some other platforms too. Causes of instances as this is the believes of the developer than the project will succeed without external marketing.
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I have been participating in bounty companies for 5 years now and I see that they become effective every year and give less benefit to projects from the efforts invested in them
Some projects already have investors before the launch, to whom they answer with their heads. It was not in 2017 that you could drive a lot of people into the project and deceive everyone. Now, to find a major investor, you need to try. And these investors don't want to share the profits with the bounty hunters.
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Almost all new projects run bounties, but we have already passed the information on several social media platforms or official websites.
Uniswap, Justswap, 1inch did not seem to have made a bounty for the team members who had given a surprise with the airdrop they had planned beforehand. This situation did have a big impact on community members, because the team gave good gifts and was quite large
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I think this is because bounty companies do not give such an effect in promotion as it was earlier in 2017-2018, companies find more effective ways to promote
Bounty hunters is a big factor to help the project gain the popularity in a short time is possible through social media campaigns and signature campaign. The project should appreciate the hunters and they should know that hunters work hard to promote them. So the payment should be paid.
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@Jaguar things must be exactly as you say. #DevelopmentTeam s should appreciate the work of bounty hunters and do their part by making the payments. But unfortunately, and as you know, things are not always like that, ending everything in a smear campaign and a failed project.
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@Jaguar things must be exactly as you say. #DevelopmentTeam s should appreciate the work of bounty hunters and do their part by making the payments. But unfortunately, and as you know, things are not always like that, ending everything in a smear campaign and a failed project.
Funny as it may seem, these companies pay tens or even hundreds of times more to other companies for advertising their projects. And in order for them to turn to bounty hunters, you need to work with the team, so that someone can offer them what services and explain the advantage of the bounty.
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Yes, we have seen fewer bounty campaigns lately. Apparently. the number of new ideas for use in cryptocurrency is getting smaller. At the same time, it is unpleasantly surprising that signature campaigns are less and less frequent among bounty campaigns. In addition, the current limitation on the number of signature campaign participants leads to a great rush when joining a new project signature campaign, which are filled in by participants within an hour, or even less.
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Many Cryptocurrency projects are not interested in bounting, maybe they have found other ways to attract investors. Even though with Bounty, their project can be recognized by the public more quickly. My hope is that in the future many new Cryptocurrency projects will hold Bounty campaigns.
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Many Cryptocurrency projects are not interested in bounting, maybe they have found other ways to attract investors. Even though with Bounty, their project can be recognized by the public more quickly. My hope is that in the future many new Cryptocurrency projects will hold Bounty campaigns.
I think we will continue to see bounties for a long time. If we think about it carefully, it is one of the cheapest ways to publicize a project without having to spend millions, and what teams don't have when they start their project is money. Even teams that have used a larger budget for rewards (1 million or more) know before they start that with a good project their bounty will be cheap.
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Defi tokens are "new" in cryptocurrency. Often, having bought defi, buy today, after a certain time you will be in profit. Watch the defi rise in price, and then decide to buy. 80% and moreover, make a profit on the total deposit of the cryptocurrency wallet.
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Unknown projects conduct bounty campaigns when they want to gather around themselves as wide a community as possible. Thus, they advertise themselves and their ideas among potential customers. If the project is initially supported by some large financial funds, then such projects do not need bounty advertising.
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Now this is not necessary for large projects. A project can be considered large if a large fund or funds have invested in it. In this case, the project gets good advertising, because the fund believed in it, which means that small investors will be ready to buy and additional advertising is not needed for these projects...
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Now the platforms for holding tokensales have gained great popularity. Almost all projects that come out on such sites give X. And the excitement around them is such that it is very difficult to get into the number of participants. So why would they even spend money on a bounty campaign))
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Most cryptocurrency projects do not need bounty hunters, since they have their own marketing companies that promote their company, and even now, for example, IDO can be carried out on top IDO platforms and you can easily collect softcap or even hardcap, and in this case, bounty hunters do not at all are needed.
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It is true that currently there is a decrease in bounties, there are some projects that do not hold bounties even though as a bounty hunter we definitely want it. can only hope that the bounty can be crowded again and can get a legitimate bounty
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It is true that currently there is a decrease in bounties, there are some projects that do not hold bounties even though as a bounty hunter we definitely want it. can only hope that the bounty can be crowded again and can get a legitimate bounty
I believe that the team of new projects find other opportunities for advertising by their company and the use of Bounty Hunters is not effective for them. at least social networks and not signature on the forum can be in demand most of all.
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It is true that currently there is a decrease in bounties, there are some projects that do not hold bounties even though as a bounty hunter we definitely want it. can only hope that the bounty can be crowded again and can get a legitimate bounty
They certainly have a reason why they don't hold a Bounty, there must be their own way to market their products. As bounty hunters we really need bounties for our work, but we don't need to worry because I'm optimistic that there are still many Cryptos that hold bounties here.
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I often see projects go to IDO without even having their own website where the roadmap would be presented. And this is due to the hype around the IDO, which can be compared to the ICO in 2017.
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Maybe because they list their project on a good exchange, they do not conduct bounties, but still the project needs advertising. Of course, it can be because of the good investors who provided the project to all those who believe.
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There are such projects and quite a lot, probably confident in their abilities or have already received a round sum for private sale, perhaps they have their own marketing strategy, there are different options, I believe if the project is successful and the bounty on the contrary will warm up the public and bear fruit.
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in my opinion there are 2 things why the project does not bounty.
First, the project does not have a budget for bounty hunters or funds are more important for investors.
second is maybe their project is already known to many people or investors which causes them not to want promotion through bounties.
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As we know most successful project of all time is Bitcoin. In the beginning Bitcoin’s anonymous founder Satoshi Nakamoto offered members Bitcoin for simply setting up a node. These first users quickly saw the power of the technology, as well as the importance of network effects. Most project is not conducting bounty due to lack of imagination.
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The past few years in crypto currency had small community compare today. In that case it is not so hard to promote projects since there are a lot of groups in social media which only for crypto and many are already accepting it specifically when the pandemic has started.
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Perhaps the project is already a household name, so what is the point of doing another bounty company and spending the budget of the project on it?
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One of the main goals is to receive money from investors, and now investment funds themselves are looking for projects where they can invest funds. Therefore, a good project does not remain without funding and, accordingly, does not need a bounty.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
I think they are avoiding bounty allocation instead, they just want only is collecting funds to make sure they could get money.
Or it could be that they do not know how to manage or handle a bounty project, where if directly buying their token to their website or in the exchange that is very favorable to them of course.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
A new project offers bounty for promotion for their token sale to raise funds. Now IDO hype ongoing and projects are using the IDO platform to raise funds. This platform reduces the cost to give guaranteed fundraising no matter it's small or big. Also, those IDO platform has a big community so they also do the marketing as well.
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Each project has its own marketing strategy for marketing its products. Perhaps the project does not require mass dissemination of information about the product, because they have had success with their fundraising and token sale. It's also possible that they want to secure the token for investors, not bounty hunters.
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Everyone here hopes that every new Crypto project holds a Bounty in this forum, so do I so that the potential to earn money is even greater. However, it seems that the new projects now have a way to market their products without making a bounty they already have large investors. There is great hope in the future that there will be many new projects that hold bounties, but if there are not, I am sure there will be new ways to earn money here.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
New projects have other ways to promote the project to potential new investors, such as AMA and Airdrop, these two programs can increase the number of users and potential new investors.
However why we not look at the developers not running Bounty program,,? I think they have do that, but in other ways and on other forums or on the telegram channels they have.
Okay,below is a list of new projects in january 2021, have you seen them run a bounty program? i think they do, but we only focus on the bounty program in this forum :)
(https://i.imgur.com/fTRiepX.jpg)
On the list above, I see Sovryn has run a bounty program in another forum with good payment for Bounty participants.
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I have been participating in bounty companies for 5 years now and I see that they become effective every year and give less benefit to projects from the efforts invested in them
Working in progress always essential for bounty hunters. With or without payment we are entitled to become tougher and tougher every single unfortunate things happen to hunters. Few bounty that give more than enough rewards up to the skies. Some times bounty payment is higher than our investment.
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This platform reduces the cost to give guaranteed fundraising no matter it's small or big. There are several reasons why new projects no longer organize bounty any more, I think most of the new crypto projects have no idea about this crypto forums, some of them are aware of the forum but don't trust that bounty campaigns can help bring exposure to their projects, so these days they only conduct IEO on top exchanges like binance in order to gain the exposure they need. I think they have do that, but in other ways and on other forums or on the telegram channels they have.
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There are still a lot of new projects running their bounty campaigns on this and other similar forums. There are still enough of them, but the problem still exists. More and more new projects do not provide signature campaigns, preferring to advertise more on social networks. This does not contribute to the development of these forums. And, as far as I assume, people also visit cryptocurrency forums less, because the information they are interested in is already almost everywhere.
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
There is scarcely a new start up project on the crypto space with one form of promotions or another. Without promotions, advertising, partnership deal etc, a new start up projects can hardly be known to the general public. I think that engaging in bounty campaign can be a secondly ways to make a project popular. If a project does not engage a bounty campaign, they must make announcement on Twitter and other news platforms to create awareness otherwise, the project will not be known.
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
I agree with your opinions brother, many success projects without bounty campaign because the developer confidence to their projects will success.
Bounty campaign is just promotion.
Several of them are scam projects.
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If the developer team have big investors, I think they didn't need bounty campaign.
We know bounty campaign is one of the way to promote the projects, that have goal to attract Investor.
But maybe the project also didn't have budget for bounty
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If the developer team have big investors, I think they didn't need bounty campaign.
We know bounty campaign is one of the way to promote the projects, that have goal to attract Investor.
But maybe the project also didn't have budget for bounty
Yeah, I think it depends on who is the man behind the projects.
If the developer has big whales or big investors, I think they didn't need bounty campaign for promo.
Many successful coins without bounty campaign, I agree with this.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
Yeah I see there are several projects never conduct to bounty campaign, then successful.
I think It depends on the team and their projects.
Bounty campaign is just promotion, ,Not main factor to success projects
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The only reason why it attracts most low-quality accounts or multiple alt accounts is due to the project they are trying to promote.
What I see most of the bounties there are fake coins or tokens or ICOs with no value and most of them are scams.
That is why it's not worth the effort to promote.
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I thing, Bounty programs are no longer profitable like they are used to be. They will pay you "big rewards" using their tokens, but when the tokens get released, the price gets dumped before you receive your rewards. And then there are those bounty program that don't pay or starts giving excuses to avoid paying. Don't waste your time looking for a good bounty program. Do something else. You will be earning better.
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Bounty campaign participation is a waste of time now for bounty hunters. When you are managed to pay for the, it will worthless because before are paid the project would have been down. Some projects are not even paying. I am looking for a better alternative to earn in crypto now
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Bounty is only one of the promotions that are done by the team. SOmetimes, they don't share any bounty because:
- Though that Bounty may not work well and effectively for promotions
- Token of bounty participants will cause the price dropped too much once the token listing.
- complicated to manage
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In that matter, I don"t know the exact reason, just al I know if that some of the new project is not conducting bounty maybe because they want to collect fund faster to the community who will get interest in the coins. Or this could the best way for them to implement it.
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There are now more bounties. In fact not another day passes in Altcointalk that a new project does not pop up. The issue is payment and many of the project CEOs don't live up to their pronises
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In that matter, I don"t know the exact reason, just al I know if that some of the new project is not conducting bounty maybe because they want to collect fund faster to the community who will get interest in the coins. Or this could the best way for them to implement it.
Every projects team have own consideration to make their projects succes.
Maybe the developer that didn't open bounty campaign has big Investors be behind them. It's just my opinion.
maybe wrong.
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The team behind the project is one of the most crucial factors in determining a very good project. Some projects were established by a very competent team that has a strong reputation from prior projects they have ran, so if you check the team behind the project and find out that they have huge expertise and a reputation, then the project will undoubtedly go far, as will the project.
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The team behind the project is one of the most crucial factors in determining a very good project. Some projects were established by a very competent team that has a strong reputation from prior projects they have ran, so if you check the team behind the project and find out that they have huge expertise and a reputation, then the project will undoubtedly go far, as will the project.
Agree with you, the team behind the project is main facto to determine the success of project.
Because they will create project and attract investors.
I think It's the reason why several potential projects didn't conduct to bounty campaign.
Maybe the team didn't agree with this.
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Bounty actually doesn't help much these days. Investors do not come to this forum so the only purpose for conducting bounty could be user awareness. Projects are using different methods to do their marketing and most of them are effective though they are most costly than others. Running bounty is not a great option if you want to raise funds for your project.
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the new projects that come out on the market have a reduced advertising budget and prefer other forms of advertising that perhaps offer them greater visibility such as radio, TV, billboards, and do not want the value of their token to drop when any bounty hunters would sell in bulk
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maybe the project doesn't have enough funds for the bounty or is only dedicated to investors, maybe the reasons are different and have their own way of attracting investors
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by looking existing project in crypto market which is need some improvement ,new project could developt it better. for example layer 1 project such as ethereum which is has problem in network especially speed and fee, so new project could developt on this problem to make their project better. and then we see another layer 1 blockchain such as solana,matic , avax which is recognized have lower transaction fee and better scalability. this is simple ways and work for from some new projects.
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Because it has ceased to be an effective marketing channel. Bounty has not gone away, they just changed their appearance-now it's called the ambassador program.
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I think it ups to developer team, they have several consideration to open bounty or not.
Maybe they prefer to use other way beside bounty campaign to attract investors.
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i am agree by joining in campaign with weekly payment in btc or token it will give me certain in value in several weeks or months. personally for me since alot fake bounty campaign , i am prefer to join in this campaign just like my current signature. i dont care with the result for new projects, certain value in each week give me good earning.
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
It's clear, I think your explanation is right.
The project is confident to to success.
Maybe they have good investors that will success their projects.
It's the reason why several projects are not conducting bounty.
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
It's clear, I think your explanation is right.
The project is confident to to success.
Maybe they have good investors that will success their projects.
It's the reason why several projects are not conducting bounty.
For small projects, I think they didn't have budget for bounty campaign.
But for big team that have big investors , I think they also didn't need bounty campaign.
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New projects will conduct to bounty campaign or not, I think It depends on the team consideration.
Maybe they have enough money and has big investors , So not needs to attract other investors for bounty campaign as promotion.
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New projects will conduct to bounty campaign or not, I think It depends on the team consideration.
Maybe they have enough money and has big investors , So not needs to attract other investors for bounty campaign as promotion.
Exactly, it all depends on the team, but above all on the investors it has. Teams with a lower budget need to find ways to promote their product, and one of the cheapest ways (paid after the campaign) to do this is through a bounty. On the other hand, teams with a larger budget can afford to pay more money on advertising, if these groups also have large investment companies that support their product, everything is much easier, since the product will reach many more people and in different ways.
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Maybe several members saw good projects was successful without bounty campaign.
That's right, me too.
Maybe the team believed on their projects, So didn't needs to have bounty campaign.
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Maybe several members saw good projects was successful without bounty campaign.
That's right, me too.
Maybe the team believed on their projects, So didn't needs to have bounty campaign.
The projects that didn't have bounty campaign are also have potentially to be succes.
So, I think it depends on their team and their projects.
Bounty campaign is just a way to promote their project.
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Maybe several members saw good projects was successful without bounty campaign.
That's right, me too.
Maybe the team believed on their projects, So didn't needs to have bounty campaign.
The projects that didn't have bounty campaign are also have potentially to be succes.
So, I think it depends on their team and their projects.
Bounty campaign is just a way to promote their project.
It's realistic.
Maybe the team projects have community or many investors before create the projects.
I think It's the reason why Thier project is not conducting a bounty campaign.
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Or maybe it's just an ineffective marketing tool that has outlived its usefulness. Right now the bounty has a new name - the ambassador program)
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Or maybe it's just an ineffective marketing tool that has outlived its usefulness. Right now the bounty has a new name - the ambassador program)
Maybe we can participate in Ambassador program, It it's more profitable than bounty campaign.
I think Bounty campaign is still effective.
I still join this program until now.
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everyone chooses for himself what is better.But if you want to earn and develop, you need to go beyond the bounty.
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Maybe several members saw good projects was successful without bounty campaign.
That's right, me too.
Maybe the team believed on their projects, So didn't needs to have bounty campaign.
The projects that didn't have bounty campaign are also have potentially to be succes.
So, I think it depends on their team and their projects.
Bounty campaign is just a way to promote their project.
It's realistic.
Maybe the team projects have community or many investors before create the projects.
I think It's the reason why Thier project is not conducting a bounty campaign.
If the project team has big investors behind the project, I think the didn't need bounty campaign.
They will focus on the project and other promotions.
That's normal
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
I agree with this statement, the Reason why the project is not conducting to bounty campaign because The project is confident to succeed.
I think several potential project didnt have bounty campaign, maybe airdrop.
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I think the team might do their own advertising for fund rising for their project because they are confident to reach the target of fund rising, one other reason also behind not to conduct bounty is team might convinced big investors to invest in their project so no need to conduct bounty. Some projects have lower budget for marketing and lower capital to rise, they do only airdrop. Some new project might not aware about bounty or not willing to give their tokens to bounty hunters and they doesn't not know that bounty campaign is just a part of marketing of their project with huge community on social media.
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If all these Crypto projects held Bounty campaigns, then Bounty hunters would be full of Bounty results. But unfortunately that didn't happen, only some Crypto projects carried out Bounty campaigns and even some of them were not all paid and could become money.
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In the cryptocurrency world many Revolotions has taken place and things are not the way it used to be in the crypto phase when we used to see different kinds of crypto bounty but here comes another massive wave in the crypto world, that's called Defi era that has grown massively in a short while. What do you think?
not all projects use bounty campaigns as their marketing strategy, most of them are developers if they don't use bounty campaigns for the marketing process then they will find it difficult to make investors and whales know there are good projects.
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You are right. Not all are like this. But some projectors are like this. Well, everyone has their own opinion.Yes it can happen. Maybe this is their opinion. That, he can develop himself with that much fund. as much as the distribution he gives to the bounty hunters and the marketing manger.
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You are right. Not all are like this. But some projectors are like this. Well, everyone has their own opinion.Yes it can happen. Maybe this is their opinion. That, he can develop himself with that much fund. as much as the distribution he gives to the bounty hunters and the marketing manger.
Projects that make bounties are usually because they don't have enough funds to pay for marketing campaigns, which are always much more expensive, that's why they prefer to use their coin/token, that way they also don't have to use the funds they get from ICO or IDO for example. That is part of the solution and part of the problem, if finally the sale does not end well and the team do not reach the minimum amount they need, the sale is canceled and the coins/tokens of the bounty hunters are not paid or have no value.
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As you are seeing. At present the market is going slow. In this case, there are very few projectors. One who promotes himself. It also depends on their budget. And there are some like this too. Those who do not consider Hunter's work as strong. i think It depends on their thinking.
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Its easy. Big projects don't need it. What is the aim of bounties? Nothing but to promote the brand and make it more visible to investors and the general public. When it has achieved such purposes and is big, then there is no need to conduct an bounty
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Possible reasons:
1. The project is confident to succeed.
2. Don't have budget for bounty.
3. Wants to secure the tokens are for investors and not hunters.
4. Don't trust bounty campaign.
5. Not aware about bounty.
6. Just don't like.
Also bounty is not compulsory rather strategy to add more popularity and attract investors through this promotion. It depends to the project marketing strategy.
I agree with opinions above .
Several project teams want to secure their projects from bounty hunter.
We know Bounty hunter after receive their tokens will sell asap.
It will make the price dumps
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every project has its own way of doing marketing, there are some projects that really don't know about bounties and don't believe in bounties and there are also projects that don't have budget to pay hunters
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Marketing is part of the promotion and recognition strategy of the project. Therefore, a certain part of the pool's funds should be allocated for these purposes.
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It is simple. most people in crypto does not value real assets. they are tempted to sell off when the price is good. one of the lessens i learn from crypto is to hold quality projects with long term future and plan but fear and greed has killed so many good projects. this idea alone has cost many new projects to abandon free opportunities of distributing their token free because winners are likely to dump in the market.
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It is simple. most people in crypto does not value real assets. they are tempted to sell off when the price is good. one of the lessens i learn from crypto is to hold quality projects with long term future and plan but fear and greed has killed so many good projects. this idea alone has cost many new projects to abandon free opportunities of distributing their token free because winners are likely to dump in the market.
What you say is totally true. A large percentage of bounty hunters don't bother to learn anything about the project they're involved in, so they quickly sell when the coin/token is available on an exchange. That's something the dev teams know, and in many cases, it's the brake that makes more bounties unavailable. It is true that not all bounties are good, but it seems that nobody bothers to find out what projects may have potential, and I think that's a mistake.