Topic: Bounty hunters are getting axed harder - page 4. (Read 9504 times)
I very sad with many bounties campaign manager not respect with bounty campaign participant, they do not have any attitude how to appreciated with bounty campaign participants promoted their project and success with ICO or IEO selling, but whey payment coming always delay and looking thousand reason from team busy for distribution until classic reason with giving higher fees transaction and payment will done when gas down.
Also seems more and more participants are joining, the sharing is getting increased while rewards are getting decreased. For projects it's good because with the same funds they get more reach but for bounty hunters, it is not. Many projects are failing after the initial push and thus feeling like bounty hunters' efforts are wasted and worthless.
I look backward and see a lot of challenge facing bounty hunters and I can only see that things will get harder. The mental stress of looking for the right bounty to promote, waking up in the middle of the night for several hours to complete tasks for months just to realized you won't get $1 for all your time.
It is another scenario when you discover that the project you promoted is doing great at the exchange market but you realized the team are refusing to give the reward of your labour or change the rules regarding the campaign just to make it hard for you to get your reward.
I think most of this project team see hunters as being toothless because they know the worst you can do cannot affect their project. They name you different names just to make you look like a fool in the eyes of investors.
Until there is a way to deal honorably with these team, hunters will continue to suffer
It is another scenario when you discover that the project you promoted is doing great at the exchange market but you realized the team are refusing to give the reward of your labour or change the rules regarding the campaign just to make it hard for you to get your reward.
I think most of this project team see hunters as being toothless because they know the worst you can do cannot affect their project. They name you different names just to make you look like a fool in the eyes of investors.
Until there is a way to deal honorably with these team, hunters will continue to suffer
I say bounty hunters are mostly responsible for how they're treated and how much they earn from a project's campaign. It surprises me to see huge number of people still joining social media campaigns of an already overcrowded campaigns making it difficult for them to make an earning of $5 at the end of two or three months campaigns.
I just don't know may be they do not read about the bounty pool or calculate their possible earnings before joining a campaign.
That is why you should pay attention to how many tokens are allocated to the bounty campaign. I've noticed that scam projects is allocating huge amounts of tokens ($1M and more) to bounty hunters.
That is not always an indicator of being scam. What about altcoins that have low price. They allocate millions for bounty campaigns. For example YOUengine - they had 4 round of bounty campaigns, with 7,500,000 YOUC pool each. Now, with token price of a bit more than 3 cents, their total bounty pool equals almost $1,000,000.
Even on the bounty start, they have already mentioned, that their tokens is already traded at the price of 10 cents and they allocate 30,000,000 tokens. $3,000,000 bounty pool. Can you image someone would give such a huge amount of money as a bounty reward on April 2020, when due to covid-19 world economy was feeling bad? That time, this sound like a total scam.
I can also share a negative experience of huge bounty pools. There are some true words in Yurkov post.
This is example shows that bounty was not scam (as he said, huge amount allocated = scam), but how huge bounty pools can ruin a project.
In 2019 there was such project as Moozicore. I dont remember exactly how huge their bounty pool was, but I remember it was almost as big as the amount of token they have sold during 3-4 IEO rounds. They have honestly distributed rewards to dashboards, but that does not help them. When they unlocked tokens, millions of tokens were thrown in the market and dumped token price 15-20 times.
That is why you should pay attention to how many tokens are allocated to the bounty campaign. I've noticed that scam projects is allocating huge amounts of tokens ($1M and more) to bounty hunters.
That is not always an indicator of being scam. What about altcoins that have low price. They allocate millions for bounty campaigns. For example YOUengine - they had 4 round of bounty campaigns, with 7,500,000 YOUC pool each. Now, with token price of a bit more than 3 cents, their total bounty pool equals almost $1,000,000.
Even on the bounty start, they have already mentioned, that their tokens is already traded at the price of 10 cents and they allocate 30,000,000 tokens. $3,000,000 bounty pool. Can you image someone would give such a huge amount of money as a bounty reward on April 2020, when due to covid-19 world economy was feeling bad? That time, this sound like a total scam.
I can also share a negative experience of huge bounty pools. There are some true words in Yurkov post.
This is example shows that bounty was not scam (as he said, huge amount allocated = scam), but how huge bounty pools can ruin a project.
In 2019 there was such project as Moozicore. I dont remember exactly how huge their bounty pool was, but I remember it was almost as big as the amount of token they have sold during 3-4 IEO rounds. They have honestly distributed rewards to dashboards, but that does not help them. When they unlocked tokens, millions of tokens were thrown in the market and dumped token price 15-20 times.
Come on!
Where did you read that huge allocation of tokens = scam?
I wrote that scam projects make huge allocation because they dont care about what happen later. I have not written that these are all projects which make huge allocation!
Yet another thing is that I find allocation of huge amount of tokens is bad, because it cause of huge price drop right after listing on exchange.
The example of YOUC is an exception, and I don't know of any other similar example.
If someone likes the risk, go ahead and take part in bounty campaigns that give even $100M
Anyway, this is a big mistake in my opinion, but as we know everyone take decisions by himself.
That is why you should pay attention to how many tokens are allocated to the bounty campaign. I've noticed that scam projects is allocating huge amounts of tokens ($1M and more) to bounty hunters.
That is not always an indicator of being scam. What about altcoins that have low price. They allocate millions for bounty campaigns. For example YOUengine - they had 4 round of bounty campaigns, with 7,500,000 YOUC pool each. Now, with token price of a bit more than 3 cents, their total bounty pool equals almost $1,000,000.
Even on the bounty start, they have already mentioned, that their tokens is already traded at the price of 10 cents and they allocate 30,000,000 tokens. $3,000,000 bounty pool. Can you image someone would give such a huge amount of money as a bounty reward on April 2020, when due to covid-19 world economy was feeling bad? That time, this sound like a total scam.
I can also share a negative experience of huge bounty pools. There are some true words in Yurkov post.
This is example shows that bounty was not scam (as he said, huge amount allocated = scam), but how huge bounty pools can ruin a project.
In 2019 there was such project as Moozicore. I dont remember exactly how huge their bounty pool was, but I remember it was almost as big as the amount of token they have sold during 3-4 IEO rounds. They have honestly distributed rewards to dashboards, but that does not help them. When they unlocked tokens, millions of tokens were thrown in the market and dumped token price 15-20 times.
That is why you should pay attention to how many tokens are allocated to the bounty campaign. I've noticed that scam projects is allocating huge amounts of tokens ($1M and more) to bounty hunters.
That is not always an indicator of being scam. What about altcoins that have low price. They allocate millions for bounty campaigns. For example YOUengine - they had 4 round of bounty campaigns, with 7,500,000 YOUC pool each. Now, with token price of a bit more than 3 cents, their total bounty pool equals almost $1,000,000.
Even on the bounty start, they have already mentioned, that their tokens is already traded at the price of 10 cents and they allocate 30,000,000 tokens. $3,000,000 bounty pool. Can you image someone would give such a huge amount of money as a bounty reward on April 2020, when due to covid-19 world economy was feeling bad? That time, this sound like a total scam.
That is why you should pay attention to how many tokens are allocated to the bounty campaign. I've noticed that scam projects is allocating huge amounts of tokens ($1M and more) to bounty hunters.
That is not always an indicator of being scam. What about altcoins that have low price. They allocate millions for bounty campaigns. For example YOUengine - they had 4 round of bounty campaigns, with 7,500,000 YOUC pool each. Now, with token price of a bit more than 3 cents, their total bounty pool equals almost $1,000,000.
Even on the bounty start, they have already mentioned, that their tokens is already traded at the price of 10 cents and they allocate 30,000,000 tokens. $3,000,000 bounty pool. Can you image someone would give such a huge amount of money as a bounty reward on April 2020, when due to covid-19 world economy was feeling bad? That time, this sound like a total scam.
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
People are actively performing research before joining the bounty, fundraising team members are very active in social media in order to get more awareness about the project and they will high issue amount of coins to bounty hunters and at last, they will blame the bounty hunters.
That is why you should pay attention to how many tokens are allocated to the bounty campaign. I've noticed that scam projects is allocating huge amounts of tokens ($1M and more) to bounty hunters. They do this because it doesn't matter to them what happens to the price when they finish raising the money. Because they just want to disappear as soon as they are collected. That is why it is also important how the dev team prepares tokenomics. Unfortunately, often bounty hunters only look at the fact that they can earn a lot and do not think that it might be just a trick to encourage them.
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
People are actively performing research before joining the bounty, fundraising team members are very active in social media in order to get more awareness about the project and they will high issue amount of coins to bounty hunters and at last, they will blame the bounty hunters.
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
According to your advises if you check everything from team management also their social media i think that's not enough i mean not guaranteed to receive your rewards because here another difficulties as like Poolz is perfect example. This project are very promising from all sides but their team members treated worst behaviour with bounty hunters. After all, social media channels and articles are written and run by external companies that are simply paid for it. The quality of texts and how social media is run depends on the quality of the service the project employs, so it really has nothing to do with the quality of the project itself. It only shows how much money the project has for marketing.
The real and most important information can be found by checking the experience of the dev team and the Whitepaper.
Scam projects will always be on here, they will keep coming in different colors and shapes, this is why we we can't always escape some bad results when promoting bounty projects, just accept the fact that bounties isn't for your if you can't accept some failures
this is damn 100% true they keep popping up token mostly from rugpull and missing dev or just simply falling price, different colors and shapes maybe is just same person right and do it again and again and again. 
i do some bounty and there's many not yet paid 
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
According to your advises if you check everything from team management also their social media i think that's not enough i mean not guaranteed to receive your rewards because here another difficulties as like Poolz is perfect example. This project are very promising from all sides but their team members treated worst behaviour with bounty hunters.
Scam projects will always be on here, they will keep coming in different colors and shapes, this is why we we can't always escape some bad results when promoting bounty projects, just accept the fact that bounties isn't for your if you can't accept some failures
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
Actually even checking the legitimacy of team members and they have an active social media platform, it's no assurance that the project will be successful.
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As I mentioned above, while checking those important things behind the project as a factor of choosing a good bounty, always prepare for the worst once you join a bounty as sometimes, it was market-related. Like the status today wherein even some investors want to put money on a project startup, they are having a hard time because of the fees.
If you are joining Bounty , expect that they are at some point will not pay you or even bring back your investments .Because we already Knew how scammy the investing and new projects here so most chances that you will be Axed .
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
Actually even checking the legitimacy of team members and they have an active social media platform, it's no assurance that the project will be successful.
As I mentioned above, while checking those important things behind the project as a factor of choosing a good bounty, always prepare for the worst once you join a bounty as sometimes, it was market-related. Like the status today wherein even some investors want to put money on a project startup, they are having a hard time because of the fees.
Simply, if the project is worthwhile, it has any prospects in the future, then why should he deceive his clients, on whom this project will be able to earn money in the future.
When it comes to that deceiving or scamming intent then this is usually had already planned since from the start.There are even legit projects tends out to end up to be scam or running
away all of investors money and there are projects which turns out to be a garbage but do end up successful.
Its been a typical thing that do happen on this market thats why as a bounty hunter you should really be careful on dealing up with things. Research all the possible information
that you can get on a project.
Then decisions will come after basing on what you had concluded.Of course it wont be precise but doing this is much better rather than on blind selecting.
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
Actually even checking the legitimacy of team members and they have an active social media platform, it's no assurance that the project will be successful.
As I mentioned above, while checking those important things behind the project as a factor of choosing a good bounty, always prepare for the worst once you join a bounty as sometimes, it was market-related. Like the status today wherein even some investors want to put money on a project startup, they are having a hard time because of the fees.
Simply, if the project is worthwhile, it has any prospects in the future, then why should he deceive his clients, on whom this project will be able to earn money in the future.
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
Actually even checking the legitimacy of team members and they have an active social media platform, it's no assurance that the project will be successful.
As I mentioned above, while checking those important things behind the project as a factor of choosing a good bounty, always prepare for the worst once you join a bounty as sometimes, it was market-related. Like the status today wherein even some investors want to put money on a project startup, they are having a hard time because of the fees.
Before joining a bounty campaign take your time to check their team members, their twitter account, I believe that twitter accounts used to have better information about a project than any other media platforms I know, also apply your knowledge and ask yourself if the project utility could work or not, this will limit bounty disappointments
Many good campaign manager before have retired from their job because they found many bounty campaign scam, delay payment and not have escrow for ICO and bounty campaign manager, so they try keep out reputation without manage with scam bounty campaign project, look now how many bounties campaign manager not trusted and we have not choose without joining with their rule exactly payment distribution, they try how to delay distribution and never give chance for us sell all coin and now sent payment few phase.
If that's true, then you haven't done their job right. A bounty manager should ensure that there is an escrow for the bounties. And if the tokens to spread have not yet been generated at the time of the campaign, other coins such as BTC and ETH must be made available as collateral.
The reason is that people also do not care if the bounty has escrow or not. As soon as the bounty is announced, every one jumps in to join and therefore it give the admin of the project to get free advertisement of the project in case he tends to scam in the end.
I will propose that the bounty distribution should be weekly/monthly and not after the bounty ends which may takes several months.
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