In the cryptocurrency space, having a vibrant Telegram community is crucial to gather feedback and to keep your community updated.
To help you grow your Telegram community, Bounty0x enables you to post 2 telegram-related bounties:
- Telegram bounty
- Telegram referral bounty
The goal of this article is to show the difference between each bounty to help you decide which one you should make use of.
In the Telegram bounty, Bounty Hunters are rewarded a fixed amount for joining your Telegram group. This process is fully automated and the platform automatically keeps track of the Hunters that joined your group.
All you have to do from your side is to decide the reward you want to give to each individual that joins your group (usually $1-5), and also add the Telegram bot "@Bounty0xBot" to your Telegram group.
If you are just starting out and don't have too many people in your Telegram group yet, then we recommend that you only post a regular Telegram bounty.
Telegram referral bounty
The telegram referral bounty is different in the sense that Hunters are not rewarded for joining your group, but rather, hunters are rewarded for inviting other people into your group.
This referral process is tracked through a unique URL that each Hunter receives. If a person then joins the group through that referral link, the owner of the referral link will receive a reward.
A Telegram referral bounty is especially powerful if you already have an existing Telegram community of at least 250-500 people.