Bounty programs have become a tradition in the world of ICOs, many start-up ICOs usually incorporate a bounty program as part of their pre-ICO or post-ICO campaigns. The fundamental objective behind a bounty program is to exchange tokens from the project or sometimes even fiat currencies for the completion of various tasks. Bounty programs have become so widespread that there are people making a living out of just completing bounty tasks for ICOs.
Some of the more common tasks that can be found in a good bounty program include:
Social media campaign bounties (creating posts related to the project) - reward is usually proportional to the users engagement on these posts (more shares / likes / reposts / retweets = more rewards).
Article writing bounties (rewards for posting articles on blogs, the bigger the blog the bigger the reward)
Bitcointalk signature bounty
Content creation (rewards for creating videos, animations, 3d graphics or even website translations
Much like Airdrops (link to airdrop article) bounty programs can easily go viral resulting in thousands of users signing up. If a project´s team is not ready to handle assigning and monitoring thousands of tasks, a bounty program can result in chaos.
Think of participants in a bounty program as an army of freelancers, working for with the project to increase awareness. Traditionally, these participants are managed using excel spreadsheets with thousands of rows to keep track of who is doing what task and if they have completed it or not.
HOWEVER, BOUNTY PROGRAMS ARE NO LONGER A TEAM TASK, ONE PERSON FROM YOUR MARKETING TEAM CAN NOW MANAGE IT ALL ON ITS OWN WITH THE HELP OF OUR BOUNTY BOT.
Our bot can handle assigning and distributing all tasks among participants, gathering contact and payment information, push notifications to notify all participants of new tasks and distributing points and rewards automatically.
In the user interface of the bot participants will find options that will allow them to change the language, fill out their payment and contact details, search for tasks, submit their completed tasks and request payouts.
For admin there are plenty of awesome tools, such as:
· User Database With Management Tools,
· Task Management - Create and Edit Tasks
· Tasks Feed with Management Tools (Review, approve or reject)
· Data export options (for Smart Contract & other purposes)
Best of all the bounty bot is simple to use and manage and can handle up to 100,000 participants, all being managed by 1 bot and 1 person.
Using the bounty bot a client of Freegram was able to assign over 20 different tasks to 500+ bounty participants in 2 weeks.
Want results like these? Enquire more about the Freegram bounty Bot here: https://freegram.io/telegram/chatbots/managers