Post
Topic
Board Marketplace (Altcoins)
Re: How do one measure the success rate of a bounty program?
by
donnyman
on 06/03/2018, 04:32:28 UTC
How does one measure the success rate of a bounty campaign?

For myself, I singled out several factors
1) The size of the community supporting this project (Twitter, Facebook, Medium etc)
2) the project team
3) whitepaper project
4) bounty managers
5) amount of rewards
6) terms and conditions of a bounty campaign

Thanks to everyone for the insight.
 I noticed everyone here talked about having a great team on the project,
Does that imply if the project team is anonymous for security reasons, they won't get any support nor bounty success?

People such as Vitalik Buterin and Charlie Lee, with their example made it clear that if there is a worthy project behind you, to hide your face and intent, there is no need.

You have a point there but I don't agree with you 100%. Not everyone like it being in the public domain, sometimes for security reasons and so on. Intent are never hidden in genuine projects but some dev prefers to live a private life and that doesn't imply their projects is unworthy. There are still some project with dev faces that turned out to be scam. What do you think Satoshi would be doing now if he/they were known? Maybe some government would have forced him/them to centralized blockchain or something else. Satoshi's intent was never hidden but his face.
Completely agree and you do deserve a merit for such reply which in most cases its not really a guaranteed indication of developers/creators transparency when it comes to their own creation/project.If the intent was somehow unique among others then this is one of the indications i do seek out and i can measure success rate but eventually its not a sure stuff that it would succeed depending on how people would react and sees thru the potential of such project.
Thank you for the merit which happens to be my first!
Yes for the project to succeed, people need to react positively while looking at its potential.