Topic: Bounty campaign is becoming absolutely useless. - page 4. (Read 1391 times)
Don't know about twitter and facebook campaigns, but BTT signature and translation bounties can be useful. I have discovered many great projects because of bitcointalk Signatures. Creative bounty(infographics, fanart etc.) or Youtube bounty also can be useful sometimes, hearing the most important info about project you want to invest in your native language can clarify some doubts . So I do not agree with you good bounty manage by reliable bounty manager is useful.
One of my friends launched a project and of course the bounty campaign was started too. After checking statistic via google analytics I found out that traffic coming from Twitter + Instagram + Facebook = less than 3 % of total traffic.. I decided to try scammers method myself. Here is what I did.
1. Bought Twitter account with 2 000 followers for $ 10 (https://accsmarket.com/en/catalog/twitter/boosted) I was sure that twitter Audit will be less than 50% because followers are mainly bots. But twitter audit showed 87% and that was more than enough to enter any bounty campaign here on bitcointalk.
2. Same thing with Instagram. Account with 5 000 followers for $10
3. Same with Facebook account.
4. Bought BTK account (member) for $50 (A lot of Russian scammers are selling accounts in the Russian board called "Baraholka" ) https://bitcointalk.org/index.php?board=236.0 Prices are starting from $10 for Jr account and $800 for Legendary.
Do not buy accounts from the sources that I mentioned, because it is illegal.
As you can see, I could enter any bounty campaign, having all accounts mentioned above.
I'm sure that more than 50% of bounty participants are using the same scam scheme, for cheating. All this means, that a lot of bounty campaign participants are advertising your project to bots... How is it possible that you have about 1000 participants in each bounty campaign.(about 3 000 in total) and you get less than 3% of the traffic to your project website ? And registered users are less than 0.5%
I think it is much more better to allow only full members and above to participate in your campaign and even that will not guarantee you good results. Just 20-30 real account with real followers will do a much more better job.
I Agree in some points of your Thread But I disagree with the Title its Negative in form. But in some point you are right lots of scammers are joining the Bounties with multiple accounts they are taking advantage of the Bounty programs. 1. Bought Twitter account with 2 000 followers for $ 10 (https://accsmarket.com/en/catalog/twitter/boosted) I was sure that twitter Audit will be less than 50% because followers are mainly bots. But twitter audit showed 87% and that was more than enough to enter any bounty campaign here on bitcointalk.
2. Same thing with Instagram. Account with 5 000 followers for $10
3. Same with Facebook account.
4. Bought BTK account (member) for $50 (A lot of Russian scammers are selling accounts in the Russian board called "Baraholka" ) https://bitcointalk.org/index.php?board=236.0 Prices are starting from $10 for Jr account and $800 for Legendary.
Do not buy accounts from the sources that I mentioned, because it is illegal.
As you can see, I could enter any bounty campaign, having all accounts mentioned above.
I'm sure that more than 50% of bounty participants are using the same scam scheme, for cheating. All this means, that a lot of bounty campaign participants are advertising your project to bots... How is it possible that you have about 1000 participants in each bounty campaign.(about 3 000 in total) and you get less than 3% of the traffic to your project website ? And registered users are less than 0.5%
I think it is much more better to allow only full members and above to participate in your campaign and even that will not guarantee you good results. Just 20-30 real account with real followers will do a much more better job. Even new projects are getting worthless so what will bounty can effect on the prices.
Most of the bounty managers won't care about the quality of their bounty participants which causing spams everywhere so it needs to be changed before the next bull run to ring the effectiveness to bitcointalk advertising.
Most of the bounty managers won't care about the quality of their bounty participants which causing spams everywhere so it needs to be changed before the next bull run to ring the effectiveness to bitcointalk advertising.
It is impossible to find before their crowd sales because everything seems to be very good at the beginning of their crowd sales. So Bounty managers are doing their best to find the best project but the team is cheating the people by not developing the project. So we need to be very careful with the bounty campaigns.
Even new projects are getting worthless so what will bounty can effect on the prices.
Most of the bounty managers won't care about the quality of their bounty participants which causing spams everywhere so it needs to be changed before the next bull run to ring the effectiveness to bitcointalk advertising.
Most of the bounty managers won't care about the quality of their bounty participants which causing spams everywhere so it needs to be changed before the next bull run to ring the effectiveness to bitcointalk advertising.
Yes, you are right but there are many companies have some potential towards their developments, that's why many people suggest the bounty hunters research before joining any bounty, one thing i can understand from the bounty hunters is that they don't have proper facilities to research about the company.
^^ Exactly. I really don't know when the bounty started with all this social media campaigns because I just know that signature campaigns was one of the most effective tools to market a project.
But it seems you really proves that bounty hunters doesn't have any significant effect to the campaigns and probably 90% are really cheating, using multiple accounts etc. And the OP exposed how the scam actual works so I don't know if ICO or projects can read this board but this should be a eye opener for them.
But it seems you really proves that bounty hunters doesn't have any significant effect to the campaigns and probably 90% are really cheating, using multiple accounts etc. And the OP exposed how the scam actual works so I don't know if ICO or projects can read this board but this should be a eye opener for them.
I agree signature campaign is the only campaign worth creating this is the reason it has more allocation than the other bounty and will give good results successful projects employ signature campaign to boost their project
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
You are right. Noone get visitors from those facebook, twitter or bitcointalk but you know people feel good when they see you have an active facebook page or active twitter account. That's why ICO owner do that. Nothing else.
Almost all ICO's follow the same pattern, it's as if they have the same template for their websites and social media. Makes it more difficult to differentiate the good projects from the bad
Most of them do really have that similarities when it comes to pattern due to common creator of designs and banners, so it cant really be avoided and alsolegitimacy wont only rely on design but also on the team behind.Finding the best one is just like finding a needle on a haystack considering on lots of scam projects on the market
you would really hardly see the best one.
Almost all ICO's follow the same pattern, it's as if they have the same template for their websites and social media. Makes it more difficult to differentiate the good projects from the bad
Most of them do really have that similarities when it comes to pattern due to common creator of designs and banners, so it cant really be avoided and alsolegitimacy wont only rely on design but also on the team behind.Finding the best one is just like finding a needle on a haystack considering on lots of scam projects on the market
you would really hardly see the best one.
Almost all ICO's follow the same pattern, it's as if they have the same template for their websites and social media. Makes it more difficult to differentiate the good projects from the bad
The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.
Ironically they are also contributing to the ICO's downfall, just blindly hoping it will succeed. The whole culture needs to come to a stop, and I'm surprised that economic necessity hasn't already dictated this.
The more quality poster bounty hunters -> project gets more visibility and exposure -> the greater chance that project will recieve enough funding.
The only difference and the main responsibility how much spam or quality bounty hunters will be on campaign is on bounty manager.
Also bounty manager is responsible for due dilligence, to check if the project is scam before he/she accepts to manage a bounty.
The only way that I can predict that bounties will survive is that bounty manager gains good reputation of accepting and managing good camapigns and exposing scam projects. Bounty managers like that can have list of good bounty hunters who proved themselves by writing quality posts and give them priority when boarding bounty hunters in new campaign.
I don't think it's useless because your friend did not realized that he is launching his marketing on a bear period. If you only launch the same campaignback in 2017 then you will get favorable results. But I don't agree that social media is all bots because just think about that at least one influential twitter account that joined that has thousands of real followers then that is already more than enough.
The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.
Ironically they are also contributing to the ICO's downfall, just blindly hoping it will succeed. The whole culture needs to come to a stop, and I'm surprised that economic necessity hasn't already dictated this. Even though I am a sig campaigner (pays in BTC mind you), I almost never, ever click on a signature. Maybe like 3-4 times a YEAR. And out of those 4, maybe 1 is an ICO.
The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.
That's the point. You are right. Even they don't care about participants payment. Bounty participants have to wait for months and sometimes year but no payment. 
The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.
Asking for video call doing bounties? Good idea to eliminate altaccounts but it is against the anonymity.
I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.
I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.
In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all. They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.
legendary
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Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
I think it is much more better to allow only full members and above to participate in your campaign
When it comes to altcoin bounty campaign I disagree with this suggestion but if it was for paid Bitcoin signatures the n the suggestion is ok and I believe most bounty managers are already using this method.
Restricting altcoin bounty signature participation to full member above will increase the rate of account and merit farming on the forum which will also increase the level of spam therefore it isn't the Best solution to this problem.
In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all.
no i dont think so . bounty manager is just like bounty hunter . they only both care about the money . they even not care if the bounty is scam or not as long as they are being paid , its not really a big deal for them .
That's exactly what I just said. Except I added that they only care about the money so much that they don't care if the ICO flops or not, which ironically effects their earnings.
They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.
little work huh ? hell no . doing a bounty is not a piece of cake . its hard to post for 3 and more months without assurance if you will going to get paid or not . thats the maine reason why they get angry if ever the project becames a failure
Don't post then. Nobody will miss you. You're only clogging up the forum with spam that nobody wants to see. There's a reason why you haven't earned a single merit since the introduction of the merit system.
Your name also sounds suspiciously like that of a well-respected member of this forum.
In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all.
no i dont think so . bounty manager is just like bounty hunter . they only both care about the money . they even not care if the bounty is scam or not as long as they are being paid , its not really a big deal for them .
They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.
little work huh ? hell no . doing a bounty is not a piece of cake . its hard to post for 3 and more months without assurance if you will going to get paid or not . thats the maine reason why they get angry if ever the project becames a failure
Asking for video call doing bounties? Good idea to eliminate altaccounts but it is against the anonymity.
I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.
I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.
In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all. They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.
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