Bounty is a specially organized advertising company that is created or sponsored by a new cryptocurrency project, while the main feature is that it allows ordinary members to earn money without investing their funds for special actions.
For what actions are the participants rewarded:
- for activity in social networks: likes, repost, subscriptions, posts;
- translation of project texts into languages ??other than English;
- for creating articles as well as videos;
- for your use of the signature and special avatars on the forums;
- for signing up for the mailing list;
- for invitations to the project via your referral link.
Also, developers can pay through their tokens / coins part or all of such work as: graphic design (logos, flyers, etc.); programming services (creating applications, wallets, etc.); the work of testers in a program or smart contract.
What criteria should be used to assess the prospects of the project?
There can be quite a lot of them, but here are the main ones:
- how seriously the project’s site looks like, its design, download speed, etc.
- evaluate the team: are they famous people, what were their previous projects and do they not hide their identity at all;
- what is the main idea behind the project, how viable does it seem, will their services or product be in demand in the future;
- Whitepaper, how well it is painted, are there any logical errors;
- Roadmap, how realistic it looks, whether it seems that it was created for show; the set amount of fees, whether there are soft cap and hard cap, how much they correspond to the legend of the project, its goals; whether the amount is too high / low.
What to consider when evaluating bounty rewards?
This is basic:
- the declared budget and the number of participants, that is, how much of the pool can be transferred to you;
- form of payment: a specific amount or as a percentage of the pool;
- the estimated price of the token, after entering the exchanges;
- how pumped should your social networks and other resources be.
