Hello all,

Based on the current landscape, how important are bounty campaigns and airdrops, from both an investor's perspective, as well as from the project's perspective?

Folks that are heavily involved in bounty programs and airdrops are essentially performing various tasks in exchange for tokens from upcoming projects.  This exchange in itself has no direct value on the project since it provides no resources for project owners to use on development.  The objective is to increase awareness by spreading the word.  Now the key question is, how effective are the listed tasks?  Do they actually generate funds for the project to strengthen their development? Or do they just generate "hype" within a small group of "bounty-hunters" that is looking for free tokens?

I really want to hear some honest opinions from the community.  Let's try to be fully unbiased in this thread and simply speak from experience.  If you are an investor, have you ever invested in an ICO because they had a big bounty program? i.e., you saw someone on bitcointalk with a signature and decided to give the project a try, or maybe a friend referred you to a telegram channel and things started there, etc.  If you are not an investor, maybe share your general thoughts.

Again, I am simply looking for community opinions.  I am not against these programs, but am curious about their general effectiveness.

For full disclosure, I am the social media director for BitHFT, a copy-trading investment platform that streamlines strategy sharing.  So I am asking the question from the project owner side, but since I am also personally interested in various ICOs, I can also relate to responses from an investor's perspective.

Have a good day,
James