This bounty bullshit is the reason I didn't invest in playkey as much as I wanted to. I am not allocating more than 5% of my portfolio for an ico with bounties and bonuses and shit. I am still optimist about the project itself but their distribution method is a no no for me.
Apparently the developers expected to receive investments close to the hard cap. Therefore, the bounty campaign was quite generous. However, the fees were not so large, and the bounty at the same time paid. So they finally got the price, several times lower than the ICO.No, they reduced the bounties, they didn't pay the initial budget.
Also, it dumped before even bounties distributed. Eth pump didn't help also.
what do you mean under reduced the bounties? didn't devs pay proportionally the money earned on ICO as was fairly announced on the beginning of bounty campaign?
It was %1,5 or %2,0 of token sale total.
So because they didn't hit the hard cap, it wasn't the whole amount saying on the bounty page.
It was 1/5 or 1/6 of hard cap.
