ICO Bounty:- Manipulators of the sale

In the present time it is necessary to penetrate into market for the sale of the product or service. Marketing on the social media platform is becoming an integral part of any company’s marketing. This helps to increase the word of mouth advertising which thus increases the sales of the company.
Bounties are an integral part of any digital marketing and promotional enterprise.

What is Bounty?

Bounties find it’s origin from the online gaming platform rewards for participating in their game development.
Bounty is an incentivised reward mechanic offered by a company for the promotion of their product. The amount of reward depends upon the company as what and how much will be the reward.
It is similar to a barter system where a person exchanges products.

ICO campaign

Initial Coin Offering are trending nowadays. The market campaign of an ICO is the most integral part of an ICO. It is from here they raise investments. In ICO Bounty ICOs provide compensation for a number of tasks spread across markets, bug reporting or even improving aspects of the cryptocurrency framework.
The rewards are either cryptocurrency in the form tokens of the company or a fiat currency.

When is it carried out?

It depends on the ICO team when that when will they carry out the bounty. The bounty generally is carried out during PRE ICO or Post ICO. The bounty generally is not carried out during an ICO.
The bounty is carried out on various social platforms. The people here are asked to advertise about an ICO and try to raise the investors for a particular ICO. This will inturn benifit both. The ICO with increased sales and the people with an incentive.
It then is a complete WIN to WIN situation for both.
When do you think a bounty should be played?
According to you is a bounty necessary?
Share your views here.
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