Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Annalise on December 03, 2018, 09:27:08 PM
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I was debating how bounties are a important part of ICos when someone said that ico projects can actually pull through without bounties.
How true is that Statement?
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Many projects will do without companies Bounty. But these are exclusively significant projects or already well-known companies that do not need advertising. They can collect money for pre-sale from interested investors.
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Actually, it depends on the marketing and promotion strategy of each ICO. However, I'm sure that bounty really helps the ICO to spread their projects into the community. I know that they always stare negatively about us, but I think it is better if an ICO runs the bounty to spread more to the world.
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I also ever heard that some people think that bounty is not profitable for them, it only wastes their token allocation. I really disagree with that. Why? Bounty offer the ICO some benefits:
-introducing to community and increase community members
- Introduce the project through the campaign, moreover the signature on the forum and social media and the youtube.
- Good promotion to share about the project.
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Firstly, you should correct the tittle of your topic. I think it should be "Bounties on ICO projects". It seems proper for the content of your topic.
Yes, I agree that bounties are important for a project, especially for new projects. Since bounties are easy to do with very effective way and funds, it is still the favorite way for promotion.
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The less strategies to applied, the less investors to be attracted. The more strategies to applied, the more investors will come. Bounty is part of ICO strategy.
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I was debating how bounties are a important part of ICos when someone said that ico projects can actually pull through without bounties.
How true is that Statement?
Well basically the bounties are needed by the ICOs projects to get alot of community of members, it is important for the ICOs projects because how is good a ICO projects without the community of members, they are nothing who will use their products? Remember bitcoin can survive until right now because there are many community of members, so do with the projects of ICOs, they must takes alot of community of members and the best way to get it is the bounties program for all of community cryptocurrencies.
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an important part of a project and the newly emerging ICO they must be able to promote their products so that investors give them funds in the form of investments, bounties are present to provide promotional services represented by bounty hunters and this is the spearhead of the promotion of a project and ICO
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That person you debated with could be right. I have actually seen an ICO project became successful in raising funds with little help from bounty campaigns. About 90% of raised funds was the work of their core team.
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I was debating how bounties are a important part of ICos when someone said that ico projects can actually pull through without bounties.
How true is that Statement?
That will really depends on how the ICO gonna take the marketing of their ICO. The team can use coins like bitcoin, ethereum, neo that already has value to a marketing companies to help them market their ICO so bounty hunters will not really be needed. ICO should not forget that bounty hunters help them do the marketing jobs by taking rewards of unknown value, which company will set out to do business without getting a payment with value, this is where bounty hunters is a precious asset and different from marketing companies.
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I agree completely with your assertion here.
Bounty programs are an essential part of ico projects.
Bounty programs and ico projects are not mutually exclusive in the real sense of the word.
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Just like marketing is important to manufacturing companies , that is what bounty programs is to Ico projects.
Bounty programs is the advertisement department ofico projects.
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yes. there is an Ico project that does not carry out bounties but they provide free coins with airdrop.airdrop, bounty and Ico that cannot be separated. Community members are needed to push coins that will later be traded in exchange.
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ICO projects that use the gift are easier to get investors. Promotion strategies through bounty will be faster because more people will help promote the project by using media such as Facebook, Twitter, and telegrams or others.
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I was debating how bounties are a important part of ICos when someone said that ico projects can actually pull through without bounties.
How true is that Statement?
The statement that ICO can succeed without bounty hunters is very true, the only difference is that the ICO projects will have to spend more money on advertisements.