BOUNTY PAYMENT PROBLEMS: Too long to wait before being PAID! - page 2.

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

Quote from: dxgam on September 24, 2018, 12:54:44 PM

in my opinion, one of the factors is the delay in bounty payments due to unstable market conditions. because if a token is paid with an unstable market condition, the bounty participants will immediately sell the token. so the token price on the market is very cheap on the market.

I agree and eth is too cheap right now, other than that the main reason is that investors have invested with eth and the decision to postpone is part of a strategy to protect investors.
almost all ico will be completed in December.

coinbirds

full member

Activity: 588

Merit: 104

Different ICOs finding different reasons to postpone the bounty payment as they are afraid bounty hunters dump their coins and it could potentially hurt the coin and the investors.
I think that bounty budgets of 1% cannot hurt the coin even if they are dumped.
That is a short term event and the price will rise again after the dump if there is demand for it.

dxgam

full member

Activity: 406

Merit: 100

Quote from: puremage111 on July 15, 2018, 12:12:04 PM

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

In 2018, i only received one bounty payment so far and yeah. I think that to avoid and stabilize price is kinda okay but for your case
I think that is kinda fishy tho, but can't call it a scam because the ETH network actually congested recently.

However IMO, payment shud be made regardless if network is stuck and they can just proceed with higher fee

correct. I agree with you. one reason for delay in bounty payments to avoid and stabilize the price of tokens on the market. but if the reason for the ETH network is stuck, I don't agree. because the condition of the network is very stable at this time. so it's not an excuse if the bounty payment is delayed because the ETH network factor is stuck.

Branko

sr. member

Activity: 2632

Merit: 328

Quote from: sumangs on September 24, 2018, 12:48:46 PM

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

They have just trust issues on the bounty participants because there is no real money invested on bounty campaigns just only time and effort on doing some task that are not really hard to do. They are just aware that the real investors getting a profit on the investment they've trust. Can't even blame all those bounty participants because they also did their part. But please for those bounty participants who receive bounty rewards be sensitive whether you will dump those tokens you've got without real money involved.

If you want to put blame, its usually presale buyers with 40% or bigger bonuses dumping on release, than bounty hunters with their measly 1-2% of overall
coins generated

In my previous post, CHT gave whopping 10% to bounty hunters, while ESS gave 0.4% (we expected 1.2%)

Result: CHT is 120% above ICO price, ESS is down 80% and more...karma? Or word of mouth? Who'd know Grin

dxgam

full member

Activity: 406

Merit: 100

in my opinion, one of the factors is the delay in bounty payments due to unstable market conditions. because if a token is paid with an unstable market condition, the bounty participants will immediately sell the token. so the token price on the market is very cheap on the market.

sumangs

full member

Activity: 644

Merit: 101

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

They have just trust issues on the bounty participants because there is no real money invested on bounty campaigns just only time and effort on doing some task that are not really hard to do. They are just aware that the real investors getting a profit on the investment they've trust. Can't even blame all those bounty participants because they also did their part. But please for those bounty participants who receive bounty rewards be sensitive whether you will dump those tokens you've got without real money involved.

Vilagra

full member

Activity: 672

Merit: 109

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

100 days in current ICOs' realitys isn't something special, some investors wait even longer than half a year or even more, so bounty hunters should be ready to wait longer than investors. And I think it is a normal practice to move token distribution because of market conditions, if they list their token when market falls down their token will trade below ICO price and won't grow when market conditions improve because potential investors will forget about them and will invest in new projects, these stories already happen with such hype ICOs like Refereum, Bee, Dadi, Insight network, so I think waiting for the better market conditions is a good decision.

LiteNight

member

Activity: 378

Merit: 30

♠☠♠

It's not a problem. The problem is that they do not PAY at all! Not in 100 days, not in a year! Now I do not see the point of wasting time on the campaign bounty.

anjho.ace

full member

Activity: 371

Merit: 100

Not all, some ICO pay the participants in lessa than a month some are better at within 7 days.
There are different ICO and different payments.
The problem now is much bigger than that. there are so many ICO who dont pay the participants as they are SCAMS.
Some ICO are legit though the project didn't push through because of lack of investors.

Branko

sr. member

Activity: 2632

Merit: 328

My best signature bounty so far: CHT, only did it for 4 days, worth $1200 now

My worst signature bounty so far: ESS, 120 days, worth $330 now

CaptainKid

sr. member

Activity: 756

Merit: 250

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

This is sad, since most of the bounty of campaigns (projects) prolong and delay payments, and if they pay, then this award turns out to be very small. Everything depends on the market situation, I hope that it will improve and, accordingly, the situation with payments in bounty campaigns will improve.

jyotianand01

sr. member

Activity: 980

Merit: 250

It depends on bounty managers as some good and trusted managers escrow their bounty coins for distribution and they distribute coins as mentioned in their bounty thread and some companies deliver their coins after completion of their ICO's. I am in bounties from long and get 40% coins at right time and many coins are still in waiting list.

DamilolaB

member

Activity: 313

Merit: 10

Some of these ICO teams are not being sincere with bounty hunters who actually helped with the ico promotion. And in one way or the other they have contributed positively to the success of the project so therefore I don't think bounty participants have to wait this long to receive bounty rewards.

Auna

full member

Activity: 238

Merit: 100

From my little experience I can say that I have found very few tokens which have been distributed at right time and most importantly in a shortwhile. Otherwise, most of the campaign creat problem with bounty payment. I think this problem is needed to be reduced by making some strong rules regarding bounty payments.

shadow123

member

Activity: 658

Merit: 10

Yes, it is serious problem for the bounty hunters. sometime after the coming of that coin on the market we have to wait a couple of months. sometimes at that time the coin is worthless.

so_stupid

full member

Activity: 448

Merit: 103

Bitgesell (BGL) Decentralized Cryptocurrency!

Wow! 100 days? I have not heard of this yet, it's terrible. As if this solves the dump problem, they are funny.

umar22pk

full member

Activity: 602

Merit: 100

There is not a single reason for delay of bounty rewards…
Sometimes bounty is finished but main sale is not finished & they want to distribute bounty reward after main sale.
Some time they distribute bounty reward after token listing to avoid dumping by bounty hunters.
And the last reason can be a low potential project or trying to peoples scam.

olsyd

jr. member

Activity: 448

Merit: 1

I don't like such delay and I joined a lot of projects that even after two months after bounty end didn't pay, these projects are not scams and I believe they will pay. We should remember bounty is a voluntary activity not fixed by law or a written contract, only by promises and all that can we do is to believe and wait

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

The only reason i can think of is simply that, to SCAM people.

When payments are delayed, these companies have more opportunity for people to forget about the bounties, have more opportunity to DUMP the value of these coins, and even have more opportunity to run away without ever actually paying people.

Lerikaweb

member

Activity: 392

Merit: 12

The Fourth Generation of Blockchain in DeFi

Quote from: masterrex on July 15, 2018, 11:19:33 AM

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

Try to join the campaigns managed by trustworthy admins. At least pay attention at their forum rank. An account with a high rank is very expensive, so it is wise to manage good campaigns in order to keep the positive trust.

Topic: BOUNTY PAYMENT PROBLEMS: Too long to wait before being PAID! - page 2. (Read 1792 times)