Re: Is Advertising through bounty profitable?

Quote from: jrrsparkles on March 20, 2018, 07:13:00 PM

Quote from: nalinpuri on March 11, 2018, 12:18:00 PM

I want to ask how does the people that do bounty make money.I mean they are giving away money for free.How is it profitable for ICO teams?
Because very less amount of people invest in their ICO through bounty. Huh

They are not giving any free money,you are doing the job as advertising their project so you are doing some job to get that money.

Actually they are making lot of money than you think,the advertisement of the project is very important if they want to get more investors so they will allocate some funds from the token or coin creations so they are using that money for the advertisement,it is the investors money not their own.

Some ICOs will reach their caps value in some minutes after it was launched so it needs to be a good project too to get succeed if there is less investors then the project may not worth to invest.

For some ICO or projects I do see some which do sold out for few hours or minutes only which is amazing because you can really see the demand.Advertising do really works and always been part of the plan of those project owners.Its not actually investors money on what they have spend mainly.They do have allocated budget with it and they do only gain profit in the end of the sale or they do let it progress overtime since they are holding some serious numbers of coins from their own wallets,when the market booms up then its a sure sure money for them.