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Topic: Bounty Tutorial: General Informations (Read 194 times)

brand new
Activity: 0
Merit: 0
September 06, 2018, 07:23:55 AM
#12
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.
newbie
Activity: 33
Merit: 0
August 19, 2018, 07:11:36 AM
#11
Thank you for posting this, it's really easy to fail if you don't see clearly the goal.
member
Activity: 420
Merit: 11
very useful material for all bounty hunters and for newbies who are entering the market just now all the information will help to select the right bounty
jr. member
Activity: 364
Merit: 1
www.savedroid.com
April 24, 2018, 07:52:06 AM
#9
Waste your time to join more then 2% and 5 milions.
do you mean we have to be careful if the bounty prize is more than 2% of total ICO token or more than 5 millions USD
is that characteristic features of scam bounty?because from what I hear good ICO will not be excessive when giving a reward for bounty
member
Activity: 152
Merit: 18
Czech/English translator for ICOs
April 24, 2018, 12:24:05 AM
#8
I think this topic is really helpful for new member in this forum if they want to explore about bounty campaign in this forum

But why don't you change your topic tittle to "Bounty tutorial" or something like that? I think it's more suitable than the current tittle Grin

Well as i want to make kind of a series out of it... Next topic should have been How to: Signatures... But I get it that someone might think this is a actuall bounty (even though it is not in the bounty section Cheesy ) SO Bounty Tutorial: General Info might be better Smiley I wil lchange it and the next part will be Boutny Tutorial: Signatures Smiley
hero member
Activity: 1022
Merit: 500
April 23, 2018, 11:32:36 PM
#7
Waste your time to join more then 2% and 5 milions.
full member
Activity: 364
Merit: 103
April 23, 2018, 11:15:06 PM
#6
I think, my friends trying to explain about project bounty, roles etc, for all partipants, thanks for your explant keep enligment, and usefull, good luck good try
newbie
Activity: 182
Merit: 0
April 23, 2018, 06:44:36 PM
#5
I don't understand what it is?
It is bounty? I participate LuckyToken bounty? Is it similar?

it is not bounty .
it is detailed explanation on what bounty means ? and how it is beneficial for all crypto holders .
we can do it in free time and get some tokens in return .
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
April 23, 2018, 04:53:29 PM
#4
I think this topic is really helpful for new member in this forum if they want to explore about bounty campaign in this forum

But why don't you change your topic tittle to "Bounty tutorial" or something like that? I think it's more suitable than the current tittle Grin
newbie
Activity: 140
Merit: 0
April 23, 2018, 04:38:22 PM
#3
I don't understand what it is?
It is bounty? I participate LuckyToken bounty? Is it similar?

His post was a general information and a great summary about a bounty program and what is inside a project campaign purposely serve for everyone who is new to bounties and just started campaigns, this is the basic knowledge newbies like should know.
newbie
Activity: 126
Merit: 0
April 23, 2018, 04:29:55 PM
#2
I don't understand what it is?
It is bounty? I participate LuckyToken bounty? Is it similar?
member
Activity: 152
Merit: 18
Czech/English translator for ICOs
April 23, 2018, 02:55:49 PM
#1
Hello Everyone!

This project will consist of more parts and is mainly aimed at new members of the community. I wil lstart with thos post, talking generaly about what the bounties are. I will post new How Tos: probably every week, going in depth into the diferent boutnies and eventually link them to this main post. I hope that this article will help someone to understand the bounties and eventually join the bounty hunters squad!



What are the bounties:

Bounties are often part of the pre-ICO and ICO of new projects. It is kind of a mass marketing campaign. New projects aim to make their name moew broadly spread and eventually meet the greater goal of hittin the hard cap of the ICO.

First of all, the most common kinds of bounties:

  • Signature
  • Social Media
  • Content
  • Translation
  • Telegram
  • Airdrop



Bounty Pools:

The bounty pool has high variety of sizes. IT is mostly linked to the scale of the project, sometimes getting difficulty into account. There are 4 main categories of bounty pools:

  • % of all tokens
  • % of tokens sold
  • fixed amount of tokens per work
  • fixed amount of a currency (often fixed ETH value, sometimes fixed USD value)

Bounty pool is then divided between the different bounties. In general, most of the pool goes to the Signature.

You can find my article about how to choose most profitable bounty here: LINK

In my experience, % of all tokens is the best way to go as it yields the highest profits. The main difference between % of all tokens and set amount of tokens per work is, that set amount does not yield stakes. You know right away, how many tokens you will have, but in the case of % and stakes, the profits cold be much higher (depending on the amount of participants).



What are stakes?

Stakes are widely used form of rewarding the work of bounty hunters right away. Every kind of bounty has its own stakes reward. Let's say you will gather 100 stakes in Twitter campaign and the pool for whole campaign is 100 000$. The total amount of stakes at the end is 35 000. Each stakes is then worth 2,85$ (100 000/35 000). So your reward will be worth 285,7$ (2,85*100).



What are the risks of participating in the bounty campaign?

There are many risks, but in all cases, boutny hunters ALWAYS risk only their time. You can't lose teh roof over your head out of the bounties. So you don't really be affraid to participate in the bounties.

To point some risks out:

  • ICO will not reach soft cap and project will close for time being
  • Project is a SCAM, will gather money and never pay out bounties (the loss here is hardest for the investors)
  • Project is not a SCAM, but does not want to pay out promised tokens/coins (happens quite a lot, dealys in pay out, they figure out the rewards are kindy high so they lwoer them and so on)



Why you SHOULD be participating in the bounties?

Quite easy money without any attachements. You can pick the bounty most suited for you (depending on your free time, translations generaly take the most time, but yield the most and so on). Signature bounties are super easy, for someone who is using this forum quite a lot.



Conclusion:

I hope this article has helped you at least a little bit with the general idea of bounties. I will eventually update it if i remember something to put here or if i find good suggestions in the replies. As I said, I will produce more How Tos, starting next week with Signature Bounty.

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