Oftentimes in the cryptocurrency world, we do hear of bounty campaigns and some of us here do participate in them. I for one, have participated in a few bounties and through my participation, I did earn rewards. Good thing about bounty campaigns is that there's always a prize for every participant. Also, rewards earned depends on how well you were able to execute tasks as well as number of tasks done.
Bounties are often confused with airdrops, and because of this, some crypto enthusiasts have difficulties understanding the difference. But it is important to note and know that airdrops campaign differ from crypto bounties. What is crypto bounty? Bounties are rewards in tokens that a cryptocurrency/blockchain project gives away after a user successfully completes a certain task or tasks and tasks do vary depending on organizer's preference.
Bounty campaigns are usually been done by new cryptocurrency projects and the main reason is to increase awareness about their project as well as services. This will in turn give the said crypto project adoption. It is a tested and proved marketing and advertising strategy. On the other hand, bounty initiatives are also an opportunity for people to earn free tokens that could amount to a lot of money in the future.
Like I mentioned earlier, bounties are usually based on tasks and to get a share of the reward pool, you must carry out the tasks. Tasks are usually not difficult if you really want to do them. Bounty programme tasks may include some of the following:
-Blog/ media campaigns: Here, participants are expected to write about the cryptocurrency project and share on their blogs for their followers. Videos are also welcomed in this campaign. Remember, there are always rules.
Translation Campaign: Here, participants are expected to translate the project's white paper or website into other languages.
Social Media Campaign: Here, participants are expected to share, write and post information about the said cryptocurrency project in a bid to create awareness.
Would you like to participate in a bounty campaign? Here's a tip, one is coming very soon.
HaggleX would be rolling out a bounty programme soon. Also, their native token HAG is on $0.8 pre-sale. You must want to contribute in the pre-sale. Interestingly, HaggleX would love to collaborate or partner with @Leofinance (