So, I was wondering if anyone has an opinion on current bounties and airdrop as an element to help projects. I have a thought that it does not help to attract real users or investors who would invest to a startups that want to raise money through token sale. But in case of existing projects that already work with crypto and have their own coin on exchanges is a different story. What do you think about using bounty or contest for a project that is working and have its coin on exchanges?
I think with bounty the project will has a good community and promotion, for airdrop it will be a good for token to increase their volume in exchange. But, the important thing is don't give too many allocation for bounty and airdrop.
It would be a good idea to organize bounty campaigns for projects already in place and with their currencies in the exchanges, I think it would encourage their growth. I think that the bounty campaigns, if they are organized and managed well, bring new investors to the projects because they do a lot of publicity with reduced costs compared to most of the other advertising channels.