Bounty Campaigns now trial and error method - page 5.

Palider

hero member

Activity: 1273

Merit: 507

Joining in Altcoins Bounty now are very risky because we don't have any assurance that they will pay us, even the coin that with no real market value are escrow. Because campaign organizer can easly scam the collected funds for developing the coins or tokens. That's why we need now new bounty reward distribution.

Quote from: forexandcryptoauditor on January 14, 2020, 08:36:48 AM

MVP will ensure that even if funds are not raised as expected, it can be delayed but not dead.
From your point of view, what other points are there which projects and investors both look for?

This is good idea to find legit ico or ieo because we know that even the funds are not raised campaign will have a backup funds to support that coins.

electronicash

legendary

Activity: 3178

Merit: 1054

we shouldn't be joining a campaign of projects that isn't really doable and i think its best to accept only BTC from these teams to see how serious they are with their projects. it would appear these teams are just doing trial and error and if they didn't get the softcap they can just abandoned the project. bounty hunters wasted time without gain. escrow the BTC for the marketing/promotion campaign and NOT the tokens.

btcdie

sr. member

Activity: 784

Merit: 251

When viewed from current market conditions, projects that have the potential to choose not to launch beforehand and wait for conditions to improve. That's why too many projects are failing at the moment, especially investors' fear of scam projects, and for now most of them are just crap. Solution, innovation, and team activity are one of the factors in project success. We can see from the objectives of the project and how important it is for the public, especially in terms of usage. Bounty hunter is currently only paid for, as we often call sh*tcoin, promoting projects for several weeks at a pay of only $2-7.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Every time I read the terms of some bounties, they always say that allocation will happen at the end of ICO. And that means, if then project sale fails, there is no more payment to be expected.

Projects should be serious with the thing they have started whether it will not reach the target cap, they will continue it.

jakelyson

legendary

Activity: 2240

Merit: 1069

This is true especially late 2018 and 2019 when there is totally lack of trust in new projects. New projects cannot even get enough funding to cover soft cap. But since this has been a problem for so long, bounty hunters should be wiser by now. If they want a secure payment, then they should demand that they get paid weekly with ETH or BTC or other cryptos that is already in the market. Otherwise, it will always be a risk promoting startups.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

It is very difficult if the project does not get the expected funding because the project also needs funds to build their products so they often make sales through IEO or ICO.
From my point of view it is looking at the whole project in order to know which one should be invested whether the project is good or not, the important thing is that investors already understand it because the project does not have funds will surely die.

Wapfika

hero member

Activity: 1288

Merit: 564

Bitcoin makes the world go 🔃

actually this is quite true we need to see whether the project is able to pay to check the spreadsheet on time and if able to really pay on time. Many join in weekly basis campaign and some have delays, what more the campaigns that requires to wait after project succeed. We should not waste our time and effort if the bounty budget is no escrow or not managed properly.

patz22

full member

Activity: 1176

Merit: 104

There are a lot of indicators that we can look for a project to ensure the success of project, from team members, project itself, whitepaper, roadmap etc. but still we can only identify if the project will run or not until the end of sale even with a working project before raising funds is still not an assurance for success. So with the title of this thread, Bounty and ICO/IEO or whatever it is, it is still a trial and error.

forexandcryptoauditor

copper member

Activity: 1190

Merit: 3

Hi All,

This is not about scam projects. This is about the projects which fail to raise enough funds due to what so ever reasons. When bounty hunters work for weeks and at the last moment project announces that they can no longer run it due to insufficient funds raised, its nothing but a waste of time and energy for us.
In my opinion, should project teams have enough fundings before they look for investors? What is called MVP is very important for the users to check for before investing.
MVP will ensure that even if funds are not raised as expected, it can be delayed but not dead.
From your point of view, what other points are there which projects and investors both look for?

Topic: Bounty Campaigns now trial and error method - page 5. (Read 839 times)