This is such a good explanation about Bounties and worth reading,But i am also aware from the previous years in which there are some projects that reached the HardCap but yet turns up scamming the bounty hunters.
there is one example the JINBI project of Sylon in which the teams claim that they have successfully Hit the Hardcap but after years now?still hunters are looking for answer can you please explain how can this be related to those mentioned above?i think there is really some Groups that manipulating the community.
Topic: Bounties explanation and the reasons why many project is failed - page 2. (Read 487 times)
Thank you for this analysis and a classical case study. Well, bounty managers and project developers must insist on social media account audits to fish out spammers and scammers, and should be about 98% scores. If there is anyway they ca use any developed AI to eliminate fake accounts of bounty hunters, this will be very nice, with this, good projects won't be suffering from huge loses. I don't participate in social media campaigns because I don't have a heavy account, so I won't be able to get decent reward.
I think this depends on the different projects, there are projects that achieve success thanks to the bounty hunter promotion. There are also many projects that achieve success because their products are very good and welcome people.
Bonus campaigns contribute somewhat to the success of a project, but that is only a very small part and it cannot be completely decided.
I think Bounty Hunter has a big impact if a project wants to promote project well-known to investors. The failure of a project is not due to Bounty Hunter factor but because the developer who is not focused on taking care project based on the roadmap. A good team also influences a Crypto project. Bonus campaigns contribute somewhat to the success of a project, but that is only a very small part and it cannot be completely decided.
Yeah I only pick random project to give some example of fake social media account who join the bounty. But, I found a thread HackenAI is failed to sold his token Hacken ai IEO failed
They havent finished sales on on the exchange. But still pushed through trading schedule, normally any project would extend another rounf if thats the case right? But they did not means funds are not really a problem with them.Here they are trading now: https://oceanex.pro/en/trades/haibtc
Also with their main project hacken to proceed with their swap of hkn to hai tokens, investors of hkn will adopt hai trading position. So the market will shift to a new one. So its fine not to succeed or finished their IEO.
I think the hunters who joined this will still be able to have some profits.
Yeah I only pick random project to give some example of fake social media account who join the bounty. But, I found a thread HackenAI is failed to sold his token Hacken ai IEO failed
They havent finished sales on on the exchange. But still pushed through trading schedule, normally any project would extend another rounf if thats the case right? But they did not means funds are not really a problem with them.Here they are trading now: https://oceanex.pro/en/trades/haibtc
Also with their main project hacken to proceed with their swap of hkn to hai tokens, investors of hkn will adopt hai trading position. So the market will shift to a new one. So its fine not to succeed or finished their IEO.
I think the hunters who joined this will still be able to have some profits.
from my experience following the bounty that failed is from the project itself, if you want to join the bounty make sure the project is completely clear about their members, and make sure their tokens are listed in the exchange, if already listed, I think to join the bounty program is not a problem
indeed the developer team usually determines whether the project is successful or not and usually when there is a good project the support of the developer will be very important to make tokens can be registered at the exchange and have a high price or a stable price.
You are making a mistake and I think it is as regards about what you know about digital marketing.
Social media Bounty programs are not created for likes, Retweets or comments, it is solely for interaction and activity spread.
How do i mean? For example if i make a post about bitcoin, the post is spread across the Facebook platform and you cannot guess the number of post viewers.
If you think social media posts don't work, why do you think the likes of kucoin hosted a kucoinplay Bounty? Or why do you think binance requested a retweet to donate to covid19 because they know the imparts of social media in crypto currency
Social media Bounty programs are not created for likes, Retweets or comments, it is solely for interaction and activity spread.
How do i mean? For example if i make a post about bitcoin, the post is spread across the Facebook platform and you cannot guess the number of post viewers.
If you think social media posts don't work, why do you think the likes of kucoin hosted a kucoinplay Bounty? Or why do you think binance requested a retweet to donate to covid19 because they know the imparts of social media in crypto currency
from my experience following the bounty that failed is from the project itself, if you want to join the bounty make sure the project is completely clear about their members, and make sure their tokens are listed in the exchange, if already listed, I think to join the bounty program is not a problem
Liking, sharing or commenting on posts by your friends on social media is subjective.
People have or know what they have interest in. If you post a crypto-related post on social media, even if you have a million friends, there will only be few among them that will like that subject matter called cryptocurrency. Except all your friends are crypto enthusiasts, but this is not so common, most especially on Facebook and Twitter.
So many people have real followers on their social media and not bots, so, @OP, you cannot make such a generalized conclusion.
Take for instance:
If I make a post of my graduation in school or wedding picture/video on Facebook, so many of my friends would like and comment. in fact, I can have thousands of like. This is because they have an interest in my achievements in life, particularly in those areas, but coming to crypto-related matter, hardly will I have up to 5 likes.
The most important thing is for them to see my posts and with constant posting and reposting, without spamming, it will start registering in their memory, which might make them have an interest in it later.
People have or know what they have interest in. If you post a crypto-related post on social media, even if you have a million friends, there will only be few among them that will like that subject matter called cryptocurrency. Except all your friends are crypto enthusiasts, but this is not so common, most especially on Facebook and Twitter.
So many people have real followers on their social media and not bots, so, @OP, you cannot make such a generalized conclusion.
Take for instance:
If I make a post of my graduation in school or wedding picture/video on Facebook, so many of my friends would like and comment. in fact, I can have thousands of like. This is because they have an interest in my achievements in life, particularly in those areas, but coming to crypto-related matter, hardly will I have up to 5 likes.
The most important thing is for them to see my posts and with constant posting and reposting, without spamming, it will start registering in their memory, which might make them have an interest in it later.
I think this depends on the different projects, there are projects that achieve success thanks to the bounty hunter promotion. There are also many projects that achieve success because their products are very good and welcome people.
Bonus campaigns contribute somewhat to the success of a project, but that is only a very small part and it cannot be completely decided.
Bonus campaigns contribute somewhat to the success of a project, but that is only a very small part and it cannot be completely decided.
To be fair dude, a real account with thousands of followers (a.k.a legit paid shill) will charge you real $$$, and it's expensive. If the project doesn't have real $$$ to spend and only promised to give the only-God-knows-the-price token, you will expect fake accounts with fake followers. As simple as that 
LOL... can't put it any better than these. The promoters want everything for free and they want the quality as well. Things don't go on like that. If you want quality, then you need to pay. If I have a few thousand real followers, then I'll refuse any bounty campaign which ask me to post about the project 10 times a week. That is unless, they are willing to pay me a few hundred bucks per month.
crypto world can be a better place if all hunters are going to be like you but the reality is not .
hunters do also create accounts that mostly have fake followers too just for the sake of working on a social media campaign and promote some projects for some coins . those who have legit accounts with hundreds and thousands of followers are also less likely to accept such offer because they arent attracted on bounty hunting . bounty owners need quality so that their project can achieve a good impression too .
Yeah, there are people who are hurting the bounties but that doesn't change the fact that there are people who are doing it decently as well and when the bounty fails, or better yet the project fails you can't pay anyone, which is not really the point of starting a bounty. Normally if a bounty starts, you have to give everyone a certain amount, allocate that much, and if they fail you have to pay that money, if you can't pay in your own token, pay up with bitcoin, because you owe them.
If you succeed, you already pay them anyway. If there are few people who are wrong at bounties, just do not pay them, if you fail pay everyone else and reject these, if you succeed once again pay everyone and reject these, there is no reason to pay the bad ones as well, but the good ones has to get money no matter what.
If you succeed, you already pay them anyway. If there are few people who are wrong at bounties, just do not pay them, if you fail pay everyone else and reject these, if you succeed once again pay everyone and reject these, there is no reason to pay the bad ones as well, but the good ones has to get money no matter what.
It's not just about marketing, its also about the project whether its purpose is feasible and will have a use for its community. AI isn't the greatest by far that can work for all technilogy in the future. When its AI, it does mean AUTO, and when its auto its usually faulty.
Bounty participants have to really give something out for the project as well. You can't just keep reposting and posting because you have the channel, at least do something like finding a real audience,.
For the HAI project, they have been able to trade their tokens but do not know in the future because their IEO sales did not reach the target, meaning they lack the funds to develop AI.
To be fair dude, a real account with thousands of followers (a.k.a legit paid shill) will charge you real $$$, and it's expensive. If the project doesn't have real $$$ to spend and only promised to give the only-God-knows-the-price token, you will expect fake accounts with fake followers. As simple as that
LOL... can't put it any better than these. The promoters want everything for free and they want the quality as well. Things don't go on like that. If you want quality, then you need to pay. If I have a few thousand real followers, then I'll refuse any bounty campaign which ask me to post about the project 10 times a week. That is unless, they are willing to pay me a few hundred bucks per month.
To be fair dude, a real account with thousands of followers (a.k.a legit paid shill) will charge you real $$$, and it's expensive. If the project doesn't have real $$$ to spend and only promised to give the only-God-knows-the-price token, you will expect fake accounts with fake followers. As simple as that
It's not just about marketing, its also about the project whether its purpose is feasible and will have a use for its community. AI isn't the greatest by far that can work for all technilogy in the future. When its AI, it does mean AUTO, and when its auto its usually faulty.
Bounty participants have to really give something out for the project as well. You can't just keep reposting and posting because you have the channel, at least do something like finding a real audience,.
For the HAI project, they have been able to trade their tokens but do not know in the future because their IEO sales did not reach the target, meaning they lack the funds to develop AI.
Yet another thread which demonizes the bounty hunters. I don't want to say too much.... but bounty hunters have become the most convenient scapegoats. If a bounty project fails, then in 99% of the cases the reason is because the idea was not very good, or because the promoters were not working hard enough. Bounty hunters can popularize a project only if the fundamentals are strong.
actually it doesn't hurt if the bounty hunters feel angry or complain about the project they are taking part in. because we have seen that most ico projects are fraud. but all this goes back to themselves, I mean those who research, determine and follow the project of their choice, then on the contrary they must also always be prepared to accept any risk or consequence. well this is life in the crypto world.
After countless ICO projects scam that happened here most bounty hunters are being immuned on fraud projects. It's just sad that today's bounty isn't worth to try knowing that it has a high percentage of being a scam project. Losing the trust of investors makes the investment offerings difficult to reach their cap because of the bad cycle happening in the ICO world. It's not just about marketing, its also about the project whether its purpose is feasible and will have a use for its community. AI isn't the greatest by far that can work for all technilogy in the future. When its AI, it does mean AUTO, and when its auto its usually faulty.
Bounty participants have to really give something out for the project as well. You can't just keep reposting and posting because you have the channel, at least do something like finding a real audience,.
It just became not relevant ... Previously, many projects were successful due to the general confidence of investors
Now most of the then investors are skeptical of all projects.
Now most of the then investors are skeptical of all projects.
It depends on the project maybe those you seen successful are the one who create a good marketing strategy and release more money just to make their project reliable, but we cannot deny the fact that even up till now we can see those fallen projects and statistically there's more failed than success since mose of the project right now are scams.
But I will not agree with OP that we shouldn't assume that the project we join will not successful since if that's the case I will not any of those since we are wasting our time and for sure the reason why people join in certain bounties since they believe that they will became successful and earn with them.
It is true that it is impossible that the reason I participated in the promotion of the project was the failure of the project, because many projects still survive and have a rewards and airdrop program. so the op reason doesn't make sense.
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