It is really good the team is starting already with airdrop and bounties with the bounties. they should find a way to get airdrop and bounty hunter to see the advert and come in, without which it may not be effective. BTW how much of the total volume is allocated to bounty and airdrop?
Airdrops and bounty campaigns are the surest way to gather community and take the business idea to a wider audience i would advise the team to create more form of campaign to reach larger audience
I agree buddy, If they want to have more people that will going to support them they must have some good campaigns where they can attract them like some campaigns.
Bounty campaign builds a community within a day or a week it depends on the project and the details of their campaign. If one project doesn't have a campaign, possibly they can lose some audience/participants of their project. Some of projects who has bounty campaigns are now successful projects so bounty campaigns has an opportunity that can build more members on their community.
But at same time, they can be very disastrous to brands, yea they help in audience building but its a known fact that 90% of audience generated through such means are not investors, rather they are there to have a taste of what the freebie offers, after which they dump and head on to the next project and the cycle of dumping continues
well, like my teacher said, selling coins in the market is not bad, dumping coins does, having an active volume in exchange is a sign of good coin that is actively being trade in exchange. As long as the investor know the whitepaper of this project and started to believe that this is worth something in the future there is no need to worried about the price of the coin at the early/1st exchange of the coin whether it is being dump by the hunters, still holding is a must