BMs, does bounties help the project? - page 2.

peter0425

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Quote from: cryptoaddictchie on January 03, 2022, 01:21:43 AM

Quote from: libert19 on December 31, 2021, 12:29:37 AM

I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

I'm a consistent bounty hunter last few years ago but didn't seem to continue my bounty life as some of those are started to fade or giving not satisfactory reward. I remember I did som compilations for helping others pick some good bounty but it seems I can't continue since the trend is going down for good projects or let say legit one that pays good for participants. Maybe, I'll try again next time if I found or the wind changes for campaign.

Yes , I am one of your follower Kabayan , I even posts many times in that specific thread you created to Help us find a worth joining Bounties.

But like what you said time fade and legit projects are turning off in which there are very few that pays well most ended up scamming.

But like what OP tries to Imply here, i don't think that Managers has something to do if the owner of the projects scammed people because they are only being paid for their job in conducting bounties.

cryptoaddictchie

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Quote from: libert19 on December 31, 2021, 12:29:37 AM

I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

I'm a consistent bounty hunter last few years ago but didn't seem to continue my bounty life as some of those are started to fade or giving not satisfactory reward. I remember I did som compilations for helping others pick some good bounty but it seems I can't continue since the trend is going down for good projects or let say legit one that pays good for participants. Maybe, I'll try again next time if I found or the wind changes for campaign.

Strongkored

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maybe out there this forum is considered one of the best places to introduce their project and get the attention of many crypto lovers.

Quote from: rodskee on January 02, 2022, 10:20:58 PM

Quote from: libert19 on December 31, 2021, 12:29:37 AM

I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

not being malicious but i believe because most of those who runs bounties are teams of scammer and i believe that there are group of people that organized in running multiple projects just to scam people and bounty hunters.-snip-

it is very possible that the people behind the project are the same people using other identities, so the original goal was really just to scam people, especially this forum is a free forum so they don't have to spend a lot of money to promote in this forum to get a lot of investors

rodskee

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Quote from: libert19 on December 31, 2021, 12:29:37 AM

I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

not being malicious but i believe because most of those who runs bounties are teams of scammer and i believe that there are group of people that organized in running multiple projects just to scam people and bounty hunters.
and obviously why those scam project succeed? because there are still bounty hunters that willing to participate even it is an obvious scam.
so this is the reason why many project fails even they conduct bounties because of investors already Knew them.
and those succeed that does not conduct bounty are the projects that has legit team and future.

libert19

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Quote from: vv181 on January 02, 2022, 04:24:02 PM

Quote from: libert19 on December 31, 2021, 12:29:37 AM

And those few who have done it + were successful, considered it waste of token allocation.

If I might ask can you give me an example of that? I believe that some projects already calculated and reserved some token allocation specifically for the bounty.

JRT, this was back early 2018 ig, shortly after bounty was done they said, bounty was given unnecessary allocation, it did nothing good for project.

vv181

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Quote from: libert19 on December 31, 2021, 12:29:37 AM

And those few who have done it + were successful, considered it waste of token allocation.

If I might ask can you give me an example of that? I believe that some projects already calculated and reserved some token allocation specifically for the bounty.

Quote from: libert19 on December 31, 2021, 12:29:37 AM

Yet this forum is littered with many bounties, may be I'm missing something?

I don't know for sure but I assume by the fact bounties keep popping out, it gives a sign that somehow bounties are able to give some projects exposure. Whether it's some shitcoins or some decent project, Bitcointalk is known as a place whereas cryptocurrencies bounties are listed here. And the things that some bounty are not particularly focused on this platform, like the bounty hunter are needed to post the project on other social media might indicate that it somehow gives some "value" to the project.

Adbitco

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Yes there are lot of projects with their personal funds to finance all their requirements and needs.
Bounty is not compulsory that project must run, to my point of view. Bounty is only for awareness to make spread the project also to seek more investors all over.
A good projects is always and good project and bounty managers doesn't have power to make project successful, all they do is to launched the bounty and monitors every activities of all participants.
Otherwise we can say "bounty is alternative means of fund raising".

batang_bitcoin

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Those successful projects but didn't conducted a bounty. They're not focused in the forum and that's why we haven't seen them around. The successful ones that I've seen and saw not in the forum, they're more focused with the partnership they have with exchanges so that the benefits is with them.
After their sale, they're already into that exchange and the budget that they might allocate to the bounty, they'll just have to pay the exchange and they do the rest.

sovie

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Quote from: libert19 on December 31, 2021, 12:29:37 AM

I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

Certainly, a lot depends on the rules of the campaign and on which social media it takes place.
Certainly, it is also very important that the bounty manager checks very carefully whether the tasks has been performed correctly by the participants.
If high standards and quality are maintained, the campaign will definitely have a positive effect.

noorman0

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The definitive answer should involve the project developers themselves. In general, statistics on campaign results and effectiveness can be viewed and evaluated while the campaign is in progress, and even then only the team can access it.
I have seen several times the campaign was stopped by the manager after a few days because the team judged there was no improvement.

jrrsparkles

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Quote from: libert19 on December 31, 2021, 12:29:37 AM

I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

Maybe you can get an answer if you PM the bounty managers because I don't think most of BM is never going to visit the section for sure.

I believe it was helpful until the end of 2017 when ICOs were peaking then there also bitcoin paying signature campaigns for tokens and altcoins but after that we didn't see much of the bitcoin paying signature campaigns which itself a sign that its not really helpful so they choose other form of advertising.

libert19

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I don't see many successful projects having done bounties.

And those few who have done it + were successful, considered it waste of token allocation.

Yet this forum is littered with many bounties, may be I'm missing something?

Topic: BMs, does bounties help the project? - page 2. (Read 319 times)