[Hilarium ICO Talk] What Is Cryptocurrency ICO Bounty Program?

Hello Everyone, this is Chris Kim from the HILARIUM FOUNDATION. 

Let’s dig deeper into bounty program which many cryptocurrency ICO businesses 

prepare.

Recently, ICO related businesses are concerned about their marketing strategy due 

to restriction on Google or Facebook advertisements related to ICO. 

As a result, a new method called bounty program was created.

                                Cryptocurrency ICO
                                 Bounty Program

Originally bounty program is a program that provides a reward when participated in 

or achieved a goal in an online game. 

Coins are given to people who voluntarily participated in various activities such as 

marketing or developing, using this bounty program on ICO. 

In fact, businesses participating in ICO in early stages are issuing their own coin for 

marketing, due to a lack of capital. 

In the perspective of participants, this can be seen as a profit distributing program 

that divides up remuneration that is likely to increase in value at future, and as having 

a similar structure with an option of buying future rights. 

Program participants join in the marketing of an ICO with higher possibility of value

increase, expecting the increase in coin value and the following profit. 

Managers in charge of bounty program check the advertising contents that the 

participants post on their SNS and provide reward coin as remuneration. 

As one of a method of bounty program, there are some cases when only users of 

Bitcoin talk forum who has a ranking above Junior can participate and higher rewards 

are given according to the ranking. 

Bitcoin talk forum is one of the most important forums in blockchain business industry. 

Many devotees to cryptocurrency-related technology and industry are active in Bitcoin 

talk forum. Therefore, great advertising effect is expected.  

                                      POST ICO
                                  Bounty Progam

After the success ICO project, bounty program after ICO exists for the development 

of ecosystem. 
The purpose is not simply for promoting ICO. It is for the coin holders to actively 

raise awareness regarding the advantages of the network and improve the project 

through feedbacks. This plays a role in healthy development of the network. 

                   Co-prospering Blockchain Ecosystem 
                       Hilarium ICO bounty program

Bounty program makes a positively cycling structure in which the operators who issue

cryptocurrency and the participants can co-prosper. Hilarium is examining a bounty

program that can co-prosper with participants. 

Operators can secure fervent fans who can advertise their projects, and the participants

can not only be provided with more cryptocurrency as they advertise more but also 

directly influences price increase. 

That the investor’s degree of participation can contribute to the business resembles 

the ideal of blockchain. 

Venture Square News Letter’s article: ICO Marketing, Talks about Bounty Program