This is a continuation of my article on XYO Coin App BOSS feature and it assumes that you are already using the Coin App. (If not, use this link and get 1000 COIN for a starter). In part one, we looked at how to get started with Coin BOSS and how to create our first campaign. In this piece I will share my my experience with BOSS, both from spending's and result's angle.
I got first interested in BOSS after collecting numerous drops, typically of 10 COIN* each, with ads pointing to various crypto sites (and this is actually how I got into Publish0x in the first place ;-) and I also became a pioneer in the PI network, soon to go mainnet). Then my thinking was - if I have reacted to an ad from Coin App and have registered with two new sites, chances are other people may react to my ads as well. So I registered and created 6 campaigns for my selected crypto sites. I need to go a bit off track here. Since 2014 I have used or registered with tons of crypto sites/apps. Got my fingers burnt more than once. As you all know, a lot of crypto sites are pure scam or Ponzi schemes at the best. I browsed thru the list of the sites I had been using and rejected all that ask for funds but never return anything, all that push invasive (and sometime offensive) popups or install malware, sites that are based on new comers to pay existing users etc - in a word, I have rejected all that I wouldn't recommend to a friend face to face. The "integrity selection" process has left me with 6 respectable (imho of course) sites, including Publish0x.
Next step in my decision process was how much COIN I would be willing to spend. Since this was an experiment, I would not - obviously - throw in all my collected COIN. I decided to go for roughly 20% (adhering to the famous 80/20 rule) of my COIN, which at the time of starting was 45K COIN. Given today's XYO market price, it's roughly $13.
As explained in the first part, in order to use Coin BOSS, one needs to transfer COIN from the main account to BOSS sub-account. Then we need to decide how much goes into each campaign. I have decided to give all 5K to start with and then top up the most promising ones with another 5K.
All screens that follow are from my Coin BOSS panel and show real results. The top of the panel gives overall stats and then each campaign has its own section.
The summary lists Total Drops (10 COIN each in my case), then Collections (drops they are placed randomly over the XYO World, so not all will be collected, but the pickup ratio (94.5%) is quite satisfactory). Next one, Link Clicks shows how many people have reacted to the ads and have clicked the link (6.3% may seem low, but this is not much different from Google AdSense click-thru rate) and finally Conversions show how many clicks resulted in an action. We need to note here that using Coin BOSS for sharing referral links I cannot follow up - the conversions would work if I had my own site where I could insert the tracking widget from Coin App. So for me the conversions are always 0, but then I have been checking my sites regularly to see if there were new referrals. Easy for me, as I haven't been an active "referral harvester" and my starting number for all but one was zero...
The campaigns are shown in reverse start order, so Publish0x being my latest one, tops the list. It's halfway thru, resulting in few clicks every day. Note that clicks on the ad are not necessarily conversions (referrals gained). In my case - this campaign has not been effective so far - I haven't recruited a single referral yet.
Next, RollerCoin (BTC/ETH mining. One can purchase virtual miners or play simple games such Arcanoid or 2048 to generate hashpower) and Freebitco.in (my best faucet ever - no invasive ads and pay compounded interest, 4.08% annually paid daily on stacked BTC). As you can see, these two have been topped up with additional 5K and a have total budget of 10K COIN. My Freebitco.in campaign has brought me 7 referrals and 3 of them seem to be active. To give them an incentive to stay active, I share automatically my referral bonus with my team based on recent activity.
RollerCoin is a different story. When I initially started the campaign, I inserted link to their main site instead of my personal referral link... my bad, they got some free advertising at my expense. I only realized that when I analyzed results after the initial 5K COIN. So I added another 5K and I am waiting for results now.
The remaining three campaigns show different statuses (Active, Deposit COIN and In Review) and I have already explained their meaning in the first part of my little guide. Looking at conversions, Payeer (superfast exchange for main crypto currencies), Miny (cloud mining) and PI (token mining app for mobile, very gentle with the battery) have all brought me one referral each.
As you can see, I have invested $13 in a referral campaign resulting in ~6% click-thru rate and 3 solid referrals and a few promising ones. The proceeds have been so far in the ranks of a few hundreds of satoshi, so the campaign has not even paid for itself. Is it then worth it? Honestly, I think it is too early to decide. It's a good starter, certainly, but far from being a get-rich-quick scheme. Worth giving it a go, as XYO is quite low currently and so spending COIN on marketing might be a good idea (another is hodling, as Coin App pay daily interest on stacked COIN). The good thing is that as of now, Coin App do not charge anything for the sponsored drops (all transferred funds go into drops and eventually someone would collect them). What I like about it, is that Coin App run the campaigns for me, and given that I have never been very active in social media with promoting crypto sites, they give me the global exposure that I would never achieve on my own.
PS. I have two spare NFC cards that boost Coin App earnings 12x. I will send them to the first two readers who register with at least two of my referral links from this article and leave a comment under this post with some contact info so I can contact them privately.
