Quote from: Nothingbuttmoney on October 14, 2017, 06:16:31 PM

Guys, what do you think about ICOs that involve investors with bounty campaigns. In my opinion it quite bad strategy Cult of the cargo. You get token for Facebook repost and wait until ICO to sell in case everything go fine.
Such approach is useless for investors and projects. First does not even read white paper and projects think they have real interested audience lol.

Usually very small amount of tokens is used for bounties so I don't think even if those people dumped their tokens that would make any impact on the price. You'd be surprised how many people are there that don't have a clue about the ICO they invest in. But for real investors that do their due dilligence I think they don't cause any damage. And for projects more important than number of interested audience is the funds they collect. I analyze traffic to ICO websites and it seems successful ones do get a lot of traffic from bitcointalk and social media, than those that are unseccessful. So I guess bounty campaigns help with attracting money to ICO's.