Post
Topic
Board Altcoin Discussion
Re: Bounty alone is not enough
by
bolshojkush
on 07/07/2019, 16:01:35 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.

That is, you want to bury the whole meaning of bounty campaigns, when an ordinary person can participate in advertising and make money on it? In the case of hiring influential people and ordering advertising, bounty will lose all meaning. Advertising is not always effective and is very expensive. Therefore, many campaigns do not abandon the bounty and do the right thing.