Are bounties dead? - page 19. | Bitcointalksearch.org

SaveOurSea

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Quote from: batang_bitcoin on April 14, 2022, 03:25:07 AM

Quote from: AmoreJaz on April 13, 2022, 06:05:06 PM

Quote from: batang_bitcoin on April 13, 2022, 05:49:21 PM

2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

we are still seeing a lot of bounty programs, but maybe, you can only count them in fingers who are really respecting their agreement about giving the tokens allotted to their hunters at a specified period of time. and even if they sent it to them, there's no guarantee that they can sell it in the market for the price they said to its hunters. bottomline, even if we see a lot of these bounty programs everyday, only few of them will make it in the market. not yet dead but i guess, it should be stopped as they are mostly wasting time of the users here or scamming investors.

It's all about the success that they get from their ways of marketing which includes bounties. The bounty hunters are aware of the success chance that a project may get.
So, many of them are just joining as much as they can and they know the percentage of it won't be the same as few years back when most of the bounties were successful.

Indeed, when talking about the current bounty campaign, it is different from the past,
in the past we could get a lot from just one account but it's different now,
so maybe it makes some people join the bounty campaign using multiple accounts

batang_bitcoin

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Quote from: AmoreJaz on April 13, 2022, 06:05:06 PM

Quote from: batang_bitcoin on April 13, 2022, 05:49:21 PM

2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

we are still seeing a lot of bounty programs, but maybe, you can only count them in fingers who are really respecting their agreement about giving the tokens allotted to their hunters at a specified period of time. and even if they sent it to them, there's no guarantee that they can sell it in the market for the price they said to its hunters. bottomline, even if we see a lot of these bounty programs everyday, only few of them will make it in the market. not yet dead but i guess, it should be stopped as they are mostly wasting time of the users here or scamming investors.

It's all about the success that they get from their ways of marketing which includes bounties. The bounty hunters are aware of the success chance that a project may get.
So, many of them are just joining as much as they can and they know the percentage of it won't be the same as few years back when most of the bounties were successful.

LastKiss

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Quote from: daggny_taggart on April 11, 2022, 07:34:19 PM

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

Well because in that time a lot of people didn't know if bounties can replace their real-life job so because many people see a lot of potential in bounty campaigns they make a lot of accounts to get more rewards with little effort. Also nowadays a lot of new projects coming up unlike in 2018 because right now crypto is more mainstream than 4 years ago so you will feel only a few projects that huge crowd.

TastyChillySauce00

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Quote from: Myleschetty on April 13, 2022, 06:32:00 PM

Quote from: TastyChillySauce00 on April 12, 2022, 08:17:43 PM

Quote from: Myleschetty on April 12, 2022, 03:19:19 PM

Nix, the bounty scheme is still full of fake projects or coins as said above. The problem is some bounty managers don't check on the project they advertised a year later. and I believe what reduces the number of fake projects is IDO but there are still some fake projects doing the same previous ICO in another style.

IDO was making KYC verification as a mandatory for the any ICOs that wanna be listed or launched through IDO platforms. The problem was if it's not all of IDO platforms are implementing this.

I presume it is not all IDO launchpad platforms that mandatory KYC verification for the project team before launching their IDO. There are some decentralized an IDO platforms didn't support KYC and it newbies who need to educate themselves about this.

As i said that above if it's not all if platforms are implementing the KYC verification. In my opinion mostly of IDO that was not doing verification to the its client will be always used by the scam project. So many scam tokens are launched through this launch pad.

Quote from: Myleschetty on April 13, 2022, 06:32:00 PM

Quote from: TastyChillySauce00 on April 12, 2022, 08:17:43 PM

IDO platform like pinksale or something else are still allowing the ICOs creator to launch the sale without even doing KYC verification but it seems like that there are more and more parties that were doing verification to the team but yeah we are in the bearish market.

Speaking of pinksale, they have done IDO for 9072 projects, for which a total of $362.1M was raised and I am sure that not all the investors that participated in their IDO understand they didn't support KYC.

Yeah sure especially those meme tokens investors who are always gambling with the new meme tokens that launched through pinksale. I have seen so many people got scammed as well.

Rengga Jati

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Quote from: daggny_taggart on April 11, 2022, 07:34:19 PM

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

Cheaters have been existef since in the past, even in 2018 or previously. And they seem never endless.

Bounty today may be not as many as previously. We can also see from the decreased of BM that are active right now.
but with this condition, we can see also that thr bounties are not as high as shit projects in the past.

Myleschetty

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Quote from: TastyChillySauce00 on April 12, 2022, 08:17:43 PM

Quote from: Myleschetty on April 12, 2022, 03:19:19 PM

Nix, the bounty scheme is still full of fake projects or coins as said above. The problem is some bounty managers don't check on the project they advertised a year later. and I believe what reduces the number of fake projects is IDO but there are still some fake projects doing the same previous ICO in another style.

IDO was making KYC verification as a mandatory for the any ICOs that wanna be listed or launched through IDO platforms. The problem was if it's not all of IDO platforms are implementing this.

I presume it is not all IDO launchpad platforms that mandatory KYC verification for the project team before launching their IDO. There are some decentralized an IDO platforms didn't support KYC and it newbies who need to educate themselves about this.

Quote from: TastyChillySauce00 on April 12, 2022, 08:17:43 PM

IDO platform like pinksale or something else are still allowing the ICOs creator to launch the sale without even doing KYC verification but it seems like that there are more and more parties that were doing verification to the team but yeah we are in the bearish market.

Speaking of pinksale, they have done IDO for 9072 projects, for which a total of $362.1M was raised and I am sure that not all the investors that participated in their IDO understand they didn't support KYC.

AmoreJaz

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Quote from: batang_bitcoin on April 13, 2022, 05:49:21 PM

Quote from: daggny_taggart on April 11, 2022, 07:34:19 PM

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

we are still seeing a lot of bounty programs, but maybe, you can only count them in fingers who are really respecting their agreement about giving the tokens allotted to their hunters at a specified period of time. and even if they sent it to them, there's no guarantee that they can sell it in the market for the price they said to its hunters. bottomline, even if we see a lot of these bounty programs everyday, only few of them will make it in the market. not yet dead but i guess, it should be stopped as they are mostly wasting time of the users here or scamming investors.

kaka_Shipai

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Bounties are going to grow alongside with blockchain. Infact i think bounty system will expand to other fields of life. This is the new marketing way, and is going to make the old marketing systems obsolete. With this you don't need a marketing team without performance, instead a user base is developed along side with the marketing is also done. So win win situation for all.

nurilham

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There are many cases where bounty hunters have multiple accounts to increase the income they get, that's why sometimes the posts that are made are of less value. The bounty now and in the past is clearly the different and to find a good bounty nowadays is a bit more difficult among the many bounties or projects that appear. If you say the bounty is dead then I don't think so because there are still many bounties that can be followed, it's just that we have to be smart in choosing a good bounty. Comparing the current bounty with the previous one will only make us lazy to follow the bounty, so follow the flow and for the bounty hunters do the best to get the best results too.

batang_bitcoin

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Quote from: daggny_taggart on April 11, 2022, 07:34:19 PM

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

Anguwa

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These days, bounties don't pay; plenty of individuals use many accounts to earn several incentives, and most of the projects they launch these days are mostly scams or projects with no future. Nonetheless, we participate to try our luck because no one knows when or how they will succeed in life.

DOH!

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Quote from: daggny_taggart on April 11, 2022, 07:34:19 PM

- it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

I think, For the most part, they neglected to market the real value of the community. Some projects look to IDO on the launch pad in search of alternative high-end money pumps. In other words, they use money to buy cross-community… Of course, that doesn't change the vision and everything about quality projects - but real quality projects, don't need to spend money to buy support public - their value and proper development.

jahepahit

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Things do change from time to time and people tend to move to a place or system that seems more profitable. If you look at how many scam projects people have encountered then at a point it will seem there are no more legit projects. Maybe this is why the quality reduced. But recently people have been more concerned about making profits.

Ozero

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Quote from: jimmyhate on April 12, 2022, 12:52:32 AM

A lot of it just has to do with a change in how people consume content. It seems the majority of activity for many coins and tokens tends to take place on Telegram, Discord and Twitter these days, with forums such as these increasingly becoming a niche for discussion. As such, you're just going to get fewer people, since it's only going to be a percentage of those people still actively using the forums who would sign for a bounty in the first place.

Yes, now very few new projects in their bounty provide for signature companies. And even those, if you look closely, do not shine with a special prospect. In addition, the remuneration compared to previous years, especially 2017-2018, has fallen many times. Therefore, the number of participants in these campaigns has greatly decreased. On the altcointalks forum, there are also several signature campaigns for a long time, and there is also a period when there is none at all. Thus, the choice that was before is practically no longer there.
As for the quality of the posts, I would not say that they differ greatly in different years, including now.

Little_Sister

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Quote from: domoy77 on April 13, 2022, 01:00:21 PM

Now managers like detective bounty have done that where they set a limit on the number of participants who can enter the campaign and you can directly see each bounty program held by the manager I mentioned because the restrictions have already been made.
And so are several other managers who have implemented the same thing.

The detective bounty is very good so far because it limits the number of signature members joining due to the small allocation given to the signature section, the goal is to maximize the earnings for hard work for signature members because some detective bounties pay in USDT or BUSD.

domoy77

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Quote from: ?? on ??

The difference is quite striking in each bounty program, especially social media campaigns, many managers do not carefully check everyone who joins the campaign, this is what I have asked before in other threads, even the many accounts used have no impact on the project According to this, managers should limit participants in social media campaigns, taking into account the number of followers or accounts they use are really active, not just active when participating in the campaign program

Now managers like detective bounty have done that where they set a limit on the number of participants who can enter the campaign and you can directly see each bounty program held by the manager I mentioned because the restrictions have already been made.
And so are several other managers who have implemented the same thing.

Maestro75

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Quote from: daggny_taggart on April 11, 2022, 08:39:34 PM

I see your point, but it also feels like the crowd has moved away - there were tons of hyped scam projects in 2018 - and yet there were a lot of support. It feels like crypto fans have changed the platform and here bounties are only crowded by fake account

The crowd has moved as you have noticed and that is not just because the projects are scams, we know alot of them are scams, but because most projects do not pay their bounty hunters at all. These new projects now run bounty campaigns and pay with altcoins instead of paying with bitcoin as it was in the 2018 era you mentioned. No one will like to stay for a project that does not pay him. I have a bounty I did here that ended early this year but till today the project has not paid. They are jumping from one story to the other on why they have not yet distributed the token rewards.

Irazzzta

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2018 is already 5 years ago, quality people and projects still exist. but a quality account will choose a quality project too, maybe you follow some less quality projects. unlike 5 years ago everyone was serious about building a project for a better known crypto image. Currently crypto is well known, so many scammer take advantage of it. such as creating multiple accounts or creating fake projects. I think this phenomenon is a sign that the crypto world is already at the top level

$anounimus$

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Seeing the current development Bounty will never die, Bounty is still a good idea, maybe they just changed the way it works. Many people don't realize the best way to do it. The key question to ask a bounty manager about his campaign is what is the minimum acknowledgment threshold for submitting quality posts so that the quality improves over time so the bounty may return to its former glory like 2018.

albon

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Quote from: JeffBrad12 on April 13, 2022, 10:10:59 AM

Not dead yet but it seems you have been running the bounties created by garbage project. In my opinion that if when you are running bounty as a manager and it's your responsibility to think the right metrict to prevents the bots to join in the campaign. I see that there are so many legit bounties are still exist till today even some are moving to use native coin or stable tokens as payment as well. It's not easy for bounty to die. The same thing already said by people during 2019 - 2020 and it's still alive.
This will remain forever as long as crypto exist but the only big problem is how to know which was legit bounty

I see that preventing bots is not difficult. The Bounty manager can create a weekly form, in which the participants send their work, or through the form to join the campaign, he can put a math question or a captcha, and from this, he will be able to make sure that the participant is a real human or a bot. I agree with you that the biggest problem is choosing a legit bounty, and even that most of the trusted managers in this forum promote projects that don't pay or are scams!! But if the bounty allocation is escrowed, I'm 90% sure that you will get your rewards.

Topic: Are bounties dead? - page 19. (Read 4988 times)