Crypterium’s Bounty Program: Final Results

Crypterium
3 min readFeb 11, 2018

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Hi there!

We’ve finalized the list of those eligible to receive bounty tokens for helping our team during the token sale. The bounty pool’s size is almost 3 million tokens, which constitutes 3% of the total amount of issued tokens. Our bounty program involved various marketing activities (as specified in our thread on bitcointalk), as well as bughunting, participating in our events, etc.

We’d like to thank everyone who took part in our bounty program and to reveal the amount of bounty tokens soon to be distributed among the participants.

Since the end of the token sale, we’ve had enough time to analyze the results yielded by each of our available bounty activities. With the aim of giving each participant a fair reward, we’d like to announce a few changes regarding bounty token distribution. The bigger part of the reward pool will go towards the activities that turned out to be the most productive for Crypterium and allowed us to reach the goals of our token sale.

Among the marketing activity categories, we’d like to praise the efficiency of Videos & Blog Post Campaign. It proved to be great at boosting brand awareness and building up trust towards our product. Moreover, we’re going to reward certain participants that didn’t initially fit the conditions specified on bitcointalk but whose activity proved to be very beneficial to our project. With that in mind, we’ve decided to increase the bounty share of Videos & Blog Posts Campaign by 2.9%.

Twitter Campaign has retained its 10% share of the bounty pool; no changes have been applied.

Alas, not all bounty activity categories yielded the results we had hoped for. The Signature Campaign and Translation Campaign are among those that did not quite fulfil our expectations.

While the Signature Campaign gave a minor boost the amount of referral traffic to our site, it didn’t produce a really striking effect. We were also hoping for higher support efficiency in local communities regarding Translation & Moderation campaign, but in fact user activity was much stronger in English-speaking chats; local communities were mostly used for news reposts.

As a result, we’re going to decrease the bounty shares of Signature Campaign and Translation Campaign by 4% and 6%.

We’d also like to say a few words about the participants who didn’t initially fit into the standard marketing program conditions but ultimately managed to give a considerable boost to our project.

We mean such tasks and activities as bughunting, smart contract audit, assistance with Crypterium event organization and attracting new token holders from the key regions.

Given the final result, we’ve decided to reward this category of Other bounty participants with 7.1% of the pool.

You can see the final distribution of the bounty token pool in the table below.

You can find the detailed distribution spreadsheet here.

Once again, we’d like to thank each and every one of you for helping to promote and develop our project. Bounty tokens will be sent out to the participants within the following week. We’ll be glad to see you among the users of Crypterium’s products!

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