Topic: An overview of bounty (Helpful for beginners). (Read 339 times)

I agree with you. But Bounty is a part of our Bitcoin forum and this post is for those new forum members who want to participate in bounty.

Even if 80% of all bounty projects are scam and 20% manages to be successful it will be very painful for bounty hunters who missed them, 2019 and 2018 was bad crypto years but still some bounties did good, bounties are still worth it today, they just requires more hassle

There are platforms that dont ask out Bitcointalk id or those bounty which are outside into this forum.Where there are platforms like bountyportals do have their own task but it will vary
on a certain project if they consider out this forum to be part of their marketing exposure.We know that bounty campaign do have different sections so it will vary on which one you would
like to join on.

Aside of these things i would like to say my insights towards bounty which is totally a waste of time imho into these years.Most of them are scam or ending up on receiving worthless
tokens in the end of the day thats why i dont suggest this one specially to noobs.

Every day there are so many new bounties are coming to the forum, as well as new bounty hunter is joining to the forum. I think it's good to know a few things before starting the bounty.

What is  bounty?
Bounty is money offered by a company or project owner in exchange for some eazy tasks.

What is airdrops?

Airdrop is a distribution of coins or tokens among participants for free or in exchange for some work (such as joining a telegram channel or group, retweeting a pin tweet, creating an account on a website, etc.). It promotes new tokens or coins, and in turn creates a larger community.

What is required to participate in a bounty?
1. Bitcointalk id
2. Telegram id
3. Email id
4. Few social media id (Facebook, Twitter, Linkedin, Reddit, Instagram, You tube channel mainly. Besides this a few social media id is required less frequently such as Medium id, Discord id, VK id, OK id Steemit id etc)
5. Wallet address.(ETH wallet, Waves wallet, Steller wallet, EOS wallet, Tron wallet etc). Among this wallet ETH wallet is the most common wallet.

How to create an ETH wallet on a RECOMMENDED way?

You can generate MEW(Myetherwallet) wallet in MEW website or by downloading wallet APP from Google Play or App store.

A few days back, there are 3 ways to create a new MEW wallet on MEW website

1. Private key
2. Keystore file
3. Mnemonic phrase

But now there are 2 ways to create a new MEW wallet on MEW website.

1. Keystore file
2. Mnemonic phrase

None of the above two are RECOMMENDED way to create a new wallet.




The only RECOMMENDED way to create new wallet is to Download the MEW wallet App from Google Play Or
App store.




You can downward MEW wallet from Google play.
After installing the App you can create a free wallet.



At first you have to create a pin.



After that your wallet is creating automatically.



Now you have to Back up Mnemonic Phrase of 24 words.

After that your wallet is ready to use. You can generate multiple ETH address in a single APP.

And this is the secure and only RECOMMENDED way to create a new MEW wallet now.

What campaign does a bounty contain?
Its depend on the company or project owner. Common campaign in a bounty..
1. Signature campaign
2. Facebook campaign
3. Twitter campaign
4. Translation campaign
5. Article campaign
6. Telegram campaign
7. Reddit campaign
8. Linkedin campaign
9. Instagram campaign
10. Youtube campaign etc.

Signature campaign
If you want to do Signature campaign, you have to be at least Jr. member or Copper member. You have to post 10+ or 15+ posts on different section per week required by the campaign owner. You have to wear avater and signature according to your rank. Only Full member and above rank can wear an avater.

Facebook campaign
In Facebook campaign you have to like and share official post and make some original post weekly. Sometimes you have to comment on official post.

Twitter campaign
In Twitter campaign you have to like and retweet official post and make some original tweet weekly. Sometimes you have to comment on official post.

Translation campaign
In translation campaign, you have to translate project whitepaper, Announcement thread, Bounty thread and Website to the required languages.

Article campaign
In article campaign you have to write an article about the project on  Medium, Steemit, Linkedin etc.

Telegram campaign
In this campaign you have to join project's official telegram group, channel and bounty group and take part in discussion. Sometimes you have to spread the news in other crypto related groups.

Reddit campaign
In this campaign you have to Upvote the post and comment on official post. Also you have to create post on other crypto related community.

Linkedin campaign
In Linkedin campaign you have to like and share official post and make some original post weekly. Sometimes you have to comment on official post.

Instagram campaign
In this campaign you have to like and comment on official post.

Youtube campaign
In Youtube campaign you have to make short video about the project in your Youtube channel.

How to find a good bounty?
There are some points you have to check before joining a bounty. Such as..
1. Trust summary of campaign manager.
2. A clear roadmap of the project.
3. Whitepaper must not be plagiarized.
4. Check the social media profile of team members.
5. Check the social media profile of the project. It must not be newly created.


This is the common picture when a bounty ends. It is annoying for many to find out when token distribution will take place after the bounty is over.

How to keep track your bounty tokens?

Before distribution
You should always search the Telegram Bounty Group of the campaign to find out when the token distribution will take place after the bounty is over.

After distribution
After token distribution if there is no listing on the exchange, you need to find out in the telegram as before when the listing will take place. And if there is a listing on exchange, how do you know on which exchange you will sell the tokens?

I would like to advise everyone to do a search on CoinMarketCap, CoinGecko or Coinpaprika before sending tokens to the exchange. As for example, you want to sell HEX tokens. Before sending it to exchange you make a serach on CoinMarkerCap. Now you see that there are 14 exchanges and 18 pairs for HEX Tokens.



Now on which exchange do you want to sell tokens in which pair?
I think you can choice it by looking at the market volume of the tokens, the price of the tokens, the 24 hour volume of the tokens. You can then send it to the exchange for sale. After exchange your tokens with BTC, ETH, USDT etc you have to withdraw your asset on a wallet.
You can use Electrum, Mycelium, Coinomi, Coinbase or Atomic wallet to store your assets.

I think this thread will be helpful for beginners who wants to take part in the bounty. Anyone can share any important information about bounty if you think so just leave a comment.

Thank you. Happy hunting.