November 8, 2017

One of the key components of any ICO is the bounty program. It’s an incentive program to encourage others to promote your ICO to the community. It compensates those who promote an ICO project via social media, websites, and other forms of outbound media. A bounty program can increase your raise by 50%. In addition to generating more exposure for your project, you also create more backers. By some statistics, 40% of bounty campaign participants end up buying the tokens. The key is to analyze your community and understand what activities should be rewarded. Examples include social media postings, blog postings, podcast airings, youtube video displays, and there are more. A bounty program should include: Terms of the agreement Sample posts to mail out Requirement to be a member of the program A specific period of time to run the bounty program For those considering participating in a bounty program for an ICO here are some red flags: There’s no whitepaper on the ICO The ICO uses Google or Facebook advertisements They have very little money  (<$50K) allocated to the program After the ICO has completed one can use bounties to find bugs, attract others to the digital ecosystem or foster community engagement. Most bounty programs pay in the token used in the ICO. Some pay in “satoshis” which is a fraction of Bitcoin currently at hundredth of a millionth Bitcoin. You can find these bounty offerings on sites such as Bitcointalk or within the ICO themselves.     Hall T. Martin is the founder of TEN Capital and a builder of entrepreneur ecosystems by startup funding through angel networks, funding portals, syndicates, and more.  Connect with him about fundraising, business growth, and emerging technologies.     If you are interested in tracking a startup, you can sign up for TEN Capital’s Monitoring service which tracks key startups and provides information about their revenue, earnings, and other key financial information.  The first 3 companies are free for 6 months. Signing up as an investor with TEN is easy and free. Visit our Investor Page and sign up now! If you have any questions, please contact us at info@tencapital.group.

If you’re looking for a place to find like-minded individuals in a business setting, then LinkedIn groups are a good place to start. It’s a great spot to get and share information, get answers, and even search for or post jobs and business opportunities. As a venture capitalist it’s important to stay connected and on top of news and trends in the industry, so we’ve gathered a few LinkedIn groups to keep you in the know. Venture Capital: Funds, Growth Capital Funding, Business Capital & Financing: WIth 46,525 members, this group is focused on sharing events, connections, and videos as well as resources and training on the venture capital industry. This group was created by Richard C. WIlson of The Miami Family Office, a $500M AUM single family office. Impact Entrepreneur: This group is organized by Laurie Lane-Zucker, founder and CEO of the Impact Entrepreneur Center. It is listed as an official “Best LinkedIn Group” and has 15,914 members. Impact Entrepreneur is in the business of change, and hosts entrepreneurs, investors and scholars who are interested in creative visioning. Startup Entrepreneurs Network: This a group dedicated to networking for startups, investors, VCs, and Angels. SEN has 29,004 members and was started by John Ricci, founder of US Angels, a group that invests in technology, healthcare/life sciences and other sectors across the US. Private Equity Investor Relations, Fundraising, Placement and Investment (and Venture Capital, too):  This is a new group that already has over 31,000 members. It’s for anyone involved in investing, VC funds, and private equity. It’s a great place to post and share articles and insight and to engage in open discussion about current topics. International Wealth Management Group: This group is for networking, discussions and investment opportunities. It currently has over 18,000 members and is open to all, especially those with interest in wealth management. This list just scratches the surface of all of the wonderful groups out there. We think you’ll find that LinkedIn groups can be a quick way to network and share opportunities, opinions, and know-how.   Liza Dickinson is a freelance virtual assistant, writer, and master of keeping people organized. She coordinates TEN Funding events and manages TEN social media outreach.        If you are interested in tracking a startup, you can sign up for TEN Capital’s Monitoring service which tracks key startups and provides information about their revenue, earnings, and other key financial information.  The first 3 companies are free for 6 months. Signing up as an investor with TEN is easy and free. Visit our Investor Page and sign up now! If you have any questions, please contact us at info@tencapital.group.