Im new and never participated in a bounty campaign but after checking the facts i can say that it looks like a scam. They are just delaying the moment of truth
I hate that. As I think about it, it's quiet funny.
First of all, managers should count the stakes in weekly basis. Aside from not accumulating more work as the time goes by, they can monitor if their partcipants are posting the required number every week. Second, making the spreadsheet private is quiet shady since I've known campaign managers who just leave it public even if the stake count is ongoing which you can see the real-time update they are making in the spreadsheet. Third, totally stupid Math which make the investors cry their heart out. Refer to this:
And not to the organizers of ATLANT, what is the discrepancy of the white paper?
the total number of ATL tokens was limited to 150,000,000
3.5% pre-sale 5 250 000 ATL
69% ICO 103 500 000 ATL
15% team and consultants 22 500 000
12.5% bounty 18 750 000
Sold in total for real money 13,225,026 ATL out of the possible 108,750,000 (pre-sale and ICO)
that is 12.1% of the possible, 87.9% destroyed
It turned out:
total: 54,175,041 ATL 100%
13,225,026 ATL investors (pre-sale + ICO) 24.4%
22 500 000 ATL team and consultants 41.5%
18 750 000 ATL Bounty 34.6%
The question is: why did not they destroy proportionally 87.9% of the bounty and from the team and consultants?
This is nonsense, when investors received less than the bounty for the pre-award and ICO.
Yes, and most of all this does not correspond to the ratio indicated in the white paper!
Participants of their bounty campaign had joined starting 2 months ago yet they just keep delaying the distribution since they know what will happen when they release the bounty due to their messed up math.