Post
Topic
Board Altcoin Discussion
Re: Bounty alone is not enough
by
coin-investor
on 06/07/2019, 14:50:42 UTC
I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

They can do all these things that you've recommended if they have their own funds but unfortunately, this ICO's rely on IOU or I owed you token and bounty hunters are very much willing to accept those IOU token, you cannot do that to influencers or coinmarketcap.