The portrait of a Bounty program participant

At the end of last week, the FairWin team officially finished the first stage of its Bounty campaign, which had lasted almost six months. Tens of persons helped to promote our project during these 6 months and by now have received their honestly earned tokens.

Bounty is an important part of an ICO marketing campaign. First of all, it is a very important channel of interaction with the community. Ideally, a Bounty participant is a person who is personally interested in an ICO’s success as he counts on being one of the first to receive tokens and profit from the popularisation and development of this project. Initially, Bounty was an integral part of the ICO and, virtually, the basis of the advertising campaign.

However, much has changed over the last few years.

Half a year back. when the FairWin team began preparation for an ICO, the situation was already different. The ICO had turned into an expensive marketing campaign and the price list for advertising and promotion of cryptocurrency projects reached its maximum at the beginning of 2018. Cryptocurrency blogs and editions demanded fabulous money for any ICO-related publications; developers bought up advertising in social networks and popular search engines, pumping up their currencies.

By that moment a whole class of professional Bounty participants had appeared, the majority of whom, as our experience showed, did not care about the project which they advertised. As a rule, they work for a few ICOs simultaneously. They have special pages in social networks and blogs. Some are professionally engaged in White Paper and technical documentation translation, others moderate topical groups and forums.

Trending Cryptocurrency Hub Articles:

The main flaw of bounty hunters is the poor quality of their work. The majority of them post typical messages, not understanding at all the specificity and features of your project and even sharing false information (not on purpose, but through a lack of competence or bad language skills).

This is an example of a low-quality article, written by a Bounty participant.

It is difficult to blame these people for the poor quality of their works, taking into account that they participate in Bounty campaigns not hoping that the tokens would be traded on stock exchanges (if we take into consideration a considerable amount of scam and unsuccessful projects that didn’t get to list their tokens on any exchange).

What do Bounty hunters bargain for?

A considerable part of the FairWin bounty campaign participants are natives of rather poor countries like Indonesia, Nigeria, Vietnam, Philippines, Turkey, etc. For many of them, the possibility of earning tokens and exchanging them on a stock exchange later is the chance to break away from poverty and begin a new life (in the words of one of our Bounty participants). They live in hopes of seeing at least one project (out of all those they promote) become successful, so they can receive profit.

In this sense, their views coincide with the thinking of investors, who buy altcoins hoping that if at least one token doubles in value, they can earn a lot and cover the losses from unsuccessful investments. Only due to the high volatility of cryptocurrencies the risks, to which investors and the participants of Bounty campaigns are exposed, can be considered justifiable. But, unlike the investors, the Bounty hunters, as a rule, have no money to purchase altcoins.

However, along with obviously incompetent Bounty participants, who sometimes can hardly write and read anything in English, there are those who are really interested and believe in the success of your project. I think that thanks to these enthusiasts the market of cryptocurrencies is still alive, and thanks to the support of such people FairWin could work productively this uneasy half a year, finish the development of several games and launch the alpha version of a gaming platform on the Ethereum blockchain.

We remind you that the FairWin Bounty campaign proceeds. All details here.

Follow FairWin:

Twitter: https://twitter.com/FairwinGambling

Facebook: https://www.facebook.com/fairwin.gambling/

Instagram: https://www.instagram.com/fairwin_team/

Chat with us:

Discord: https://discord.gg/Hbardp2

Reddit: https://www.reddit.com/user/fair-win

Telegram: https://t.me/fair_win