Scam projects made it worst. There are good managers in the bounty section but sometimes they cannot assure that it will be successful. Some bounty project made it look real that even doing our best digging about it will not work.
Then, there are those who made good income back then when ICO is in the trend and paying great with all the bounty hunters, but they abused it by creating more accounts even though it's just a single person controlling them all. That will not be helpful at all. They are trying to scatter the good news but it won't work if that kind of advertisement is done.
Topic: Are bounties dead? - page 20. (Read 4988 times)
Probably the most serious disadvantage of Bounty Campaigns is that you do not know the exact reward in tokens you will receive, because the total number of tokens is divided by all participants and whether you can then sell these tokens on the exchange. Or you will miss a high price, or the price will initially be small, or the token will not be traded on the exchange.
its depend on how much participants join to bounty campaign , and also each participants must collect stake as much as they can to get more reward than someone else.if we met campaign that set limitation for each part , maybe we could simulation for how many reward we could receive, but unfortunately less manager do this. joining in bountty campaign need our spirit and we should give up when we see alot people join meanwhile allocation very low.,we dont know what will happen in market, maybe its token price could pumped hardly and we get good amount reward.
There are many problems affecting the bounty campaign since past years now and here are a few.
1. Many Spam and bot accounts.
2. Too many shit projects from devs that are not serious.
3. So many Scam projects looking for ways to attract investors.
4. Most projects won't give a damn after the bounty campaign end, they mostly cheat hunters too.
5. Rewards from bounties aren't fitting the hassle.
1. Many Spam and bot accounts.
2. Too many shit projects from devs that are not serious.
3. So many Scam projects looking for ways to attract investors.
4. Most projects won't give a damn after the bounty campaign end, they mostly cheat hunters too.
5. Rewards from bounties aren't fitting the hassle.
Regarding to the question about “are bounties dead?”. Not really.
Only a very few percentage of bounty programs are paying very well as long both the project and the bounty manager are reliable, honest and trustworthy. Every bounty campaign has risks but more on the time and effort that we have. However, we always have to acknowledge the fact that these bounty campaigns aren’t giving any promises or guarantees that they could be successful, paying us fairly, getting listed, etc. These are the risks. But if you are willing to take the risk, then that’s on you.
Personally I find it amusing, the OP seems to treat this as some sort of mystery when we know what happened, bounty campaigns in general stopped paying bounty participants long time ago.Only a very few percentage of bounty programs are paying very well as long both the project and the bounty manager are reliable, honest and trustworthy. Every bounty campaign has risks but more on the time and effort that we have. However, we always have to acknowledge the fact that these bounty campaigns aren’t giving any promises or guarantees that they could be successful, paying us fairly, getting listed, etc. These are the risks. But if you are willing to take the risk, then that’s on you.
When only one in ten, and I am being generous, of those campaigns pay you then what is the point in participating in so many campaigns when the pay you will receive is very low compared to the effort? So it is obvious the vast majority of the people that used to like bounties simply gave up since the chances they will get paid are so bad.
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
This will remain forever as long as crypto exist but the only big problem is how to know which was legit bounty
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?
They are all gone already.Maybe they see that the time that they are spending in promoting projects in bounty campaigns isn't worth it with the money that they are getting. Most of the bounty campaigns are ending up either the team not paying the bounty hunters or the token of the project doesn't have any value at all. On the other hand though, I'm not saying that bounty campaigns are dead because if it is then there is no bounty campaigns that are being organized in the bounty section but until now there is so its safe to assume that it is still alive... well kinda. I'm not joining into bounty campaigns (altcoins) for a very long time already but its good to see that it is still there.
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?
The situation went worse. Not just to have fake and multiple accounts joining the campaign but the project itself does not have such value. Sad to say that most of the bounties now are worthless and they don't care about these bots and fake accounts joining them, helping them to promote their project as they are benefiting from them. Not yet to say to was dead but if this will continue, I'm afraid this will lead to that way and only old projects will stay.
Probably the most serious disadvantage of Bounty Campaigns is that you do not know the exact reward in tokens you will receive, because the total number of tokens is divided by all participants and whether you can then sell these tokens on the exchange. Or you will miss a high price, or the price will initially be small, or the token will not be traded on the exchange.
There are also good companies, I would not say that the era has passed, it's just that there are a lot of really bad projects now, they repeat each other very often and you have to think for a long time whether to take part or not.One thing pleases that proven managers still lead good projects.
I haven’t been active in bounty campaigns lately. Only the signature campaign is the one that I am active right now. I’ve been focusing more in being a KOL and ambassador of multiple opportunities, which in fact have compensated me much better and fairly than most of the bounty campaigns. And also because of that, I had a chance to participate in various private sale campaigns even with just small amounts of allocation rather than what the VCs are capable of.
Regarding to the question about “are bounties dead?”. Not really.
Only a very few percentage of bounty programs are paying very well as long both the project and the bounty manager are reliable, honest and trustworthy. Every bounty campaign has risks but more on the time and effort that we have. However, we always have to acknowledge the fact that these bounty campaigns aren’t giving any promises or guarantees that they could be successful, paying us fairly, getting listed, etc. These are the risks. But if you are willing to take the risk, then that’s on you.
Regarding to the question about “are bounties dead?”. Not really.
Only a very few percentage of bounty programs are paying very well as long both the project and the bounty manager are reliable, honest and trustworthy. Every bounty campaign has risks but more on the time and effort that we have. However, we always have to acknowledge the fact that these bounty campaigns aren’t giving any promises or guarantees that they could be successful, paying us fairly, getting listed, etc. These are the risks. But if you are willing to take the risk, then that’s on you.
The bounty is still there, but the people we know the legend of the manager as well as the number of bounty participants have disappeared without any news. It is certain that the bounty atmosphere this year and in the future is very different when compared to 2018, there are many things that are different, but it is not as good as 2018, although there are few competitors, but we also lack well-known manager bounties, so some new managers promote low-quality projects until don't pay. This is the current state of the bounty.
I don't think they are the new managers. maybe because the accounts used are new, but it doesn't prove that the manager with the new account is new to the forum.Managers with popularity in the past are also still holding current projects. you can see it in the altcoin bounty thread. In fact, in the current condition, I think the bounty project is better. many of the managers who apply for escrow. even though the reward wasn't that big, it looked like it paid off. compared to a few years ago, we saw a lot of bounty projects but a lot of them were scams.
The bounty is still there, but the people we know the legend of the manager as well as the number of bounty participants have disappeared without any news. It is certain that the bounty atmosphere this year and in the future is very different when compared to 2018, there are many things that are different, but it is not as good as 2018, although there are few competitors, but we also lack well-known manager bounties, so some new managers promote low-quality projects until don't pay. This is the current state of the bounty.
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?
That's real
The only reason why it attracts most low-quality accounts or multiple alt accounts is due to the project they are trying to promote.
What I see most of the bounties there are fake coins or tokens or ICOs with no value and most of them are scams.
That is why it's not worth the effort to promote. Unlike before most of the bounties that I see are real and surely it has a value after being listed on exchanges and the project is serious, unlike these days.
What I see most of the bounties there are fake coins or tokens or ICOs with no value and most of them are scams.
That is why it's not worth the effort to promote. Unlike before most of the bounties that I see are real and surely it has a value after being listed on exchanges and the project is serious, unlike these days.
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
Bounty programs, their time has passed, at least in the most common form that has arisen in 2017-18. thanks in large part to fake accounts. The reason why they still exist is that new "projects" (if we can call them projects) are mostly naughty and worthless. they are started without real capital, so it is easier to offer worthless tokens with an inflated value just to raise any dust around them.
as projects do not have any basic value, nor do they pay for promotion with real value, the current bounty program mode is their only option to be visible.
a good portion of the responsibility for the poor criteria and quality of the participants in the bounties is on the backs of campaign managers. There are more and more of them, they lower the price of work and accept every new project, without special checking and research about it. with the low cost of running a campaign, comes lower quality, hence the tolerance for fake accounts.
Although there is something we also need to understand about project of nowadays being bounty is that during 2017 to 2018 the population then that was promoting project were very minimal and there was not lot of hunters also people have little knowledge about bounty's so it pays then but today we can many users unlike the newbies anymore focused on to join bounties at last they got paid with the project token. This could be the cause of fake account, multiple account ect just focusing of accumulating much rewards to be able have something good due to much applicants.
i don't think anything changes or have effected or affected bounties. Statistically from early 2021 to 2022 currently there have been good bounties but since from late 2018 to late 2020 there have been numerous scammed projects.
you can also make use of thisthread
Only very limited projects still use bounty hunters to promote their projects this day and most new projects are from developers that aren't ready to spend a dime, many are looking for free promotions and paying with their shit tokens in return which is why it's very good to be picky when looking for projects to promote.
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?
Bots and plagiarism was a problem then as well. In fact at some point they were in this forum farming accounts. I think that you are just paying more attention to it this time. Most twitter accounts used in bounties were desinged for only that, most youtube accounts were crap, and translations were low effort if not even made with google translate. Paraphrased articles/reviews etc. Not to mention the multiple telegram accounts posting nonsense.
The bounties are not dead but still running now. Although it uses a different name, its purpose is the same as before.
About the participants, I think there were many new people, and not bot, well, some of them are bot but we are hard to check one by one because there are too many of them who joined as the participants.
One trend is to show up, gain attention from the people, and slowly increase and reach the peak while many other similar projects are launched and hope that they can get the same attention from previous projects, but the trend is almost down and that will replace with the next trend.
The bounties will follow that, whether we know or do not know so the bounties will continue.
About the participants, I think there were many new people, and not bot, well, some of them are bot but we are hard to check one by one because there are too many of them who joined as the participants.
One trend is to show up, gain attention from the people, and slowly increase and reach the peak while many other similar projects are launched and hope that they can get the same attention from previous projects, but the trend is almost down and that will replace with the next trend.
The bounties will follow that, whether we know or do not know so the bounties will continue.
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?
That is why, as person who run a bounty you must have the ability or strategy to be able to choose qualified participants who can have a good impact of the promotion made, unfortunately because no guarantee will get good results from bounty then you will always find multi accounts because participants hope get more by using many accounts. legendary
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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?
Maybe those who are qualified already have better and more worthy jobs to do than have to take care of the bounty which in the end can be a scam so that there will be a lot of people who will blame them, even though the performance of these quality people is actually not that much different from people today, it's just that in terms of responsibility maybe they can make a difference and in 2018 there were also many failed bounty campaigns and scams due to the bear market conditions at that time. 
For now, the bounty is not dead, although at first many did not give good results, but many bounty managers currently use the escrow system, so that payments seem to be far from fraudulent. and it can be seen that currently there are more and more bounty participants, even though the rewards obtained are not as big as last year, but at this time it is still worth it in my opinion if it is practiced. especially if the bounty manager often has successful projects, more and more participants will register if it is not limited
Although many bounty campaigns have ended in scams, that doesn't mean the bounty is dead now. Requires caution in choosing a good
bounty campaign, as you said there are still participants of the bounty campaign, because we still find good bounty campaigns if we look
for them properly. Although it must be admitted that currently the pay from the bounty campaign is very small, at least it is still a good choice
for side jobs. So make sure to choose a bounty campaign that uses an escrow system, then study the track record of the development team,
and my suggestion is to choose a bounty campaign that uses a bounty manager who already has a good reputation in this forum.
And don't get our hopes up too high on the bounty campaign, because sometimes the results are far from what we imagine. Therefore,
don't focus too much on earning from the bounty campaign.
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