Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain
Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.
How do i update my Ethereum wallet?
1. Go to our website /]MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.
Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
We are taking these measures to protect both you and our network from phishing and malicious attacks.
Thank you for your cooperation and understanding!
MyEtherWallet Security Team.
If you use other methods, then ignore this message.
Topic: Bounty campaigns in a nutshell... (Read 339 times)
Another things by joining bounty is KYC to get tokens.Must be careful to give our information for scammers.If it's a scam project they have a marketing campaign for free.
I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets.
Exactly... because you wallet will be your vault with the token youll.be receiving and you need to.securr them.
I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets.
Exactly... because you wallet will be your vault with the token youll.be receiving and you need to.securr them.
For joining bounty campaign, there are more specify rules about minimum requirement posting /week for signature campaign and report /daily for social media campaign. Definitely, i would like be agree for nowadays that is getting hard finding very good ico that potential to be huge success.
<...snip...>
Regarding ICO, nowadays almost all are becoming scam. Any one with Coding experience or not can create a token out of thin air. Get a ANN design and ICO website within few dollars and launch a ICO. Then copy a good white paper from internet. Those fake teams are collecting millions of dollars and get vanished like ghosts. Sometimes even they have given excuses like we can't achieved our funding goal, hence we decided to stop the ICO further notice. This is the harsh reality in these days.
Good work, very detailed and useful. => 1Merit 
Types of campaigns
Maybe you can add here some more information, there are numerous tasks for social media Bounties:
Or even if you are not an influencer:
The results of these tasks, especially the last ones, are not very high compared to other ones, like signature or content, but it's relatively easy to fulfill them.
Types of campaigns
- Social media - If you're an influencer
Maybe you can add here some more information, there are numerous tasks for social media Bounties:
- Twitter campaign
- Facebook campaign
- Reddit campaign
Or even if you are not an influencer:
- joining Telegram
- subscribe the newsletter
- follow on LinkedIn
- clap Medium articles
The results of these tasks, especially the last ones, are not very high compared to other ones, like signature or content, but it's relatively easy to fulfill them.
Why ICOs love bounties?
Doesn't require hefty marketing budget before token sale
Allowing percentage of tokens for bounty (technically they have lot to utilize since they are the creators of token)
Yeah, thats the main part... The team pays the bounty hunters with their (often) Shitcoins which are getting dumped immediately after the listing. This is a marketing causing zero costs for the ICO team, because all the tokens are created by them. If it's a scam project they have a marketing campaign for free. Doesn't require hefty marketing budget before token sale
Allowing percentage of tokens for bounty (technically they have lot to utilize since they are the creators of token)
Great topic man! This would educate newbies what a bounty campaign is all about. I hope everyone interested to join bounties can read this.
Thanks for your pleasent compliment man So, these guys who are posting social media reports on Bitcointalk are influencers? Good, I didn't knew, I thought they are just spammers or bots with fake followers :/
Nowadays influencer buildup their credibility in specific areas by bots and all, no real organic audience. So with the technological advancement anyone can gain fake followers with few bucks and joining for the bounties and filled up whole pages with their annoying reports. I think if bounty campaigns tight their rules regarding no of followers and percentage of real followers, the spam problem can be somewhat minimized.Quote
I hate to see that soooo many people coming to Bitcointalk only for bounties, many of these people aeen't even interested in crypto.
Yeah I also think bounty managers should limit the participants per project and should increase the rank required for bounty participation which is very hard task for shitposters in these days with the merit system.
Great topic man! This would educate newbies what a bounty campaign is all about. I hope everyone interested to join bounties can read this.
So, these guys who are posting social media reports on Bitcointalk are influencers? Good, I didn't knew, I thought they are just spammers or bots with fake followers :/
Ok, seriously, not bad guide
. But honestly, I hate to see that soooo many people coming to Bitcointalk only for bounties, many of these people aeen't even interested in crypto.
Ok, seriously, not bad guide
. But honestly, I hate to see that soooo many people coming to Bitcointalk only for bounties, many of these people aeen't even interested in crypto. I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets.
Security should be the very fundamentals that you learn before anything, and not exclusively for bounty campaigns. In fact if a bounty requires you to download anything I would advise that you download it in a separate virtual machine at the very least.
Another thing I also believed if you're willing to participate bounty campaigns better to create a special e-mail for bounties and also never share your PRIVATE KEY with anyone.
I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets.
Security should be the very fundamentals that you learn before anything, and not exclusively for bounty campaigns. In fact if a bounty requires you to download anything I would advise that you download it in a separate virtual machine at the very least.
I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets.
The ending statement is very true. It seems all campaigns will a large number of hunters constantly working have good outcomes.
I have found a good educational video[1] regarding "bounties" and I think it is better to share the content of that vedio for the people who are willing to join the bounty campaigns but not having basic knowledge about this process.
Block chain companies, project teams encourage crypto community members to help with various simple tasks in order to reward with tokens. This process we called as "bounties"
Standard process
Types of campaigns
How many tokens do you receive?
Certain percentage of total bounty allocated for different types of campaigns
"Stakes" example
Words of caution
[1]-video source>>>https://www.youtube.com/watch?v=JOfHFvN-r48
What are bounties?
Block chain companies, project teams encourage crypto community members to help with various simple tasks in order to reward with tokens. This process we called as "bounties"
Standard process
- Browse Bitcointalk forum for available bounties
- Pick a good project that you liked(DYOR before selection)
- Choose and execute bounty tasks
- Record your activity
- Check results on spreadsheet
- Join social media channels( mostly telegram) for announcements
- Receive tokens
Types of campaigns
- Bitcointalk signature - Need to be certain member level
- Blog post or video - Quality and number of views, subscribers
- Translation - Website, ANN thread, White paper
- Social media - If you're an influencer
- Bug bounty - Coding expertise
How many tokens do you receive?
Certain percentage of total bounty allocated for different types of campaigns
- Flat amount - Set amount awarded for each listed tasks
- Campaign stops when rewards are all allocated - Stakes - # stakes depends on quality and type
Code:
Reward = (# stakes / total stakes of participants)* total token allocated for category
"Stakes" example
- Video campaign allocate 10,000 tokens ( 10% of total bounty tokens)
- You make a great video and get 100 stakes
- Other people make videos too (varying quality) and they sum up to 7,000 stakes
Code:
Your total rewards = (100/7100)*10,000 = 140.85 tokens
Words of caution
- Stay on top of bounty campaign progress
- Check the followings:-
- Recorded info is correct
- All steps were followed
- Sometimes teams mess it up and some people don't receive tokens (That's really unfortunate part of this whole process)
Why ICOs love bounties?
- Doesn't require hefty marketing budget before token sale
- Allowing percentage of tokens for bounty (technically they have lot to utilize since they are the creators of token)
- Community helps them with marketing campaigns
- High-impact, builds organic support
- Incentivizes members to be invested in project's success
[1]-video source>>>https://www.youtube.com/watch?v=JOfHFvN-r48
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