Topic: Bounties explanation and the reasons why many project is failed (Read 487 times)

There are no reasons for failure except lack of proper preparation and lack of product.
Alot of people now find it very easy to blame Bounty hunters and its not funny.

How can you blame hunters as a reason why projects do not get investors?
This is the lowest point

OP focuses on the purpose of the bounty which is used as a means to attract investors. Whereas many bounty hunters only use fake followers or friends, so they feel less effective because they are not on target. That can be a reasonable reason. But it also depends entirely on how good the project is.

This is where the role of the bounty manager team, providing choices and selection that is really strict to achieve the desired goals.

The investor have learned the situation of 2017 ago, spending money for the project that have no real use case are worst. The chance to get their money back is small so they have to give to hope their money back. At least that situation can be evaluated, they have to learn more about the project and find the ins and out behind the team of the project because this is the important part when choose a project. I really like the developer who still try to build the project although they have failed to convince the investor for the first way. At least it can be made as a plus value for them.

It is also worth considering the fact that a lot of projects began to appear and many even good projects are simply lost against the background of all the others. This is another important reason why projects and bounty companies fail.

true because at this time the crowfunding crypto project has been tainted, and yes to get a lot of funds they also have to sacrifice more, for example, do promotions other than bounties and also if they want to do it ieo never use a new launchpad because the chances of success are very small and this is evident from the case hackenai. they prefer oceanfx launchpad because at oceanfx vechain tokens (the blockchain used by hackenai) have large volumes there but unfortunately that doesn't affect sales.

I remember when soft caps standartly were around 10 million USD in 2017. Now projects have problem to raise hundreds of thousands dollars and moreover on reputable exchanges. 

content works perfectly as I think. many people do not like to read information about the project in some resources. they all prefer to watch YouTube in order to see what is being said and listen to another person. the most important thing is that people must create very high-quality content

Most bounty do not require interaction with the content, but that does not mean that the content does not work. They cause projects to rank higher on search engines.

Correct since 2017 I've been seen many projects has big hits without conducted any promotion as like bounty campaign, but in the scenario definitely which projects made enough fundraising in privately. At this moment it’s much rare to find a project without bounty promotion. No matter what projects quality i think promotion is helps to acquire success.                      

New projects should continue developing their product even if they didn't reach the softcap. I believe developers that continue to make their product are more serious about their project and the project is more likely to succeed in the long run. It's not really the bounty hunters fault if the project fails to reach softcap their project might not be interesting or doesn't have real world use.

Yes thats correct. Investors probably learned their greatest lesson that there is no permanent in this world. They probably invest on some ICOs that they would not expect to ruin or wasted their money. Lets agree that msot of them got loss and bounty hunters are dont losing any money while them suffer a huge defeat.

Bounty is not as precise and reliable today compared to previous years. But dont give up on looking for those worthy campaign. Maybe if you been a hunter for a long time you can recognized already which to promote.

trust wallet project be an example that not all project talk about money, even their team provide free money to spread their project by participating in their airdrop program. there are another same project to that have good plan and good quality in their developtment, we should not generalize all project were oriented on money.

Not at all. Some new projects have already started with small amount of money or even with the airdrop. I can tell you now that TWT has already made by trusted wallet and it used airdrop mechanism and it's not always about money. So many failed projects have created nothing to be proven.

It will be difficult to compare such things because there is no special percentage for bounties from 2017 until now, but that has changed since investors no longer trust new projects because they often fail and make them disappointed with failed investments, of course they will lose a lot of money.
So now investors are more careful in choosing new projects to invest in, right?

There are many projects that achieve success without the need for bounty hunters, they have their own way of promoting.
The bounty hunters have contributed to the success of the project but the most important thing is the quality of their products.

You cant compare the commitment of the investors then and now. Then, people are ready to put money into a project and there is a lot of hope that they will make their money back but today there are many issues facing the project and bounty campaign. Many investors are not ready to invest due to scams. A lot of bounty hunters are regarded as dumpers and dev team will do anything to protect their token if get listed

It’s correct also i received a payment from failed project dexage, after exchanges listing it’s worthy, they distributed full allocation although it was failed. Hunters was waited to sell when will unlocked, developers not response we are asked over and over how to claim in myetherwallet, even though BM also didn’t claim his token.                        

Agree, what needs to be considered in a new project is the team behind it. Many scam projects have a good whitepaper and also a roadmap that looks promising but what happens is that the project is detrimental to many investors

https://bitcointalksearch.org/topic/m.54309910


Oh some fake bounty hunter, I have checked you're one of the fake social media too
https://web.facebook.com/parvinmw 7000+ Friends


https://twitter.com/Meghna732 5000+ Followers



Are you sure? What about this account, he have crypto enthusiasts friends but still doesn't get many likes or comment
https://web.facebook.com/erfan.maulida.31


Not really, this account is share about crypto and still get many likes and comment, at least above than 0-2 likes
https://web.facebook.com/barry.line



How you can comparing not equivalent project?
Bitcoin (top 1 cryptocurrency), Binance (top 1 exchange), KuCoin (top 10 exchange), and HackenAI only rank 6718 from 7167 coin. These information I got from https://www.coingecko.com/

For many popular and trusted crypto/exchange they have their own traffic, because when you search on google like "best crypto,best exchange" you can simply got many blog/videos mentioning about bitcoin, binance and many other top crypto/exchange. I have checked binance usually create airdrop, the requirement is only retweet or share binance ANN and doesn't written "must 1000 followers bla bla". So everyone feel free even to use 10-100 followers account, and this can make people prefer to use his real account with real followers. How about other unpopular crypto likes HackenAI? You will never find any blog/videos about HackenAI if you don't type "HackenAI" on your google search.

Also both Binance and Kucoin is old project, they doesn't have a lot competitor in the past. For now, it's very hard.


Honestly, it's different case IMO... because what I explain above is bounty hunter cheated the project, not project scams the bounty hunter. We can't do anything for scams project unless give negative trust to the owner/team account in this forum. In other side, we can do more selective about choosing good bounty hunter in this forum. But, I think this can't be suggest to the next bounty because they will don't care about this. I only want to expressing my opinion about many failed project on Bounty hunter subjectivity

Let's stop believing the appearance of new projects, many of these projects are here for money only, they offer investors something that looks very real and legit looking but they have a wild plan to steal all along