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Topic: Do bounty participants enjoy longer or shorter campaigns? (Read 594 times)

legendary
Activity: 2436
Merit: 1104
Long campaigns with great reputation and manager is always better since you know that they will pay you
unlike shorter campaign that just opened. I speaking from experience that there are short campaigns that
won't pay that won't pay but that is very rare. I've in a lot of short campaign back in the 2016 most of them
are great but joining a campaign that will run for a long time is still better.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
<…>
Case scenarios that typically take place (scams set aside):

a) Bounty tokens are sometimes locked for x days/months after ICO sale. By the time these tokens are unlocked, ICO token value often is way lower than at ICO sale, and therefore the tokens given to the bounty hunters have less value than that stated during the bounty campaign.

b) Bounty tokens are released after the ICO sale. It is quite usual to see a dump sell on second grade exchanges really quickly after ICO sale/bounty token release, rendering the tokens a fraction of the ICO sale value, thus the tokens again do not have the values stated in the USD equivalent allocation.

c) Bounty tokens do not reach the exchanges at all, rendering the bounty tokens nearly worthless.

Of course historically there are cases that have risen in value with a tail wind, but unfortunately 2018 proved rather the opposite. What I mean by this is that the USD equivalent allocated token amount should not be taken verbatim, since it is specifically valued at token sale value, which is achieved by the ICO itself, but that is not that easy to be achieved by discrete token sellers on the market after the sale.
sr. member
Activity: 770
Merit: 298
tozex.io
It really depends.
People actually prefer a campaign stays longer if;
- The coins being paid have value e.g BTC,ETH and not just some tokens that are not yet even on exchanges
- Payment is done weekly
- The Campaign manager is good and reputable like @Hhampuz
- The funds for the campaign are held in an escrow

Members prefer the campaign takes a shorter time if;
- Funds are not in escrow
- payment is done at the end of the campaign.
- Payment is made in tokens that have not even started trading
well done for the summary you have made, i do agree with your post. If OP are going to make any bounty campaign, hope he will considering this post with an additional don't make a weekly report on thread if there will be any social media campaign
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
Whatever figure they place here as an equivalent in USD is just wishful thinking at best, and knowingly deceiving if not.

I beg to differ unless if you're referring to scam bounty then I don't but for those legit ones the USD tagged to the amount of coins they allocated to bounty hunters is usually based on their ICO sale price. Example if the ICO price was $0.01 and they allocated 10million token for bounty which is $10,000 in USD then it isn't deceiving since if they were to include those token in the ico it would have given them $10,000 from sales of all the tokens.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
<…> Besides, the pool for bounty is also very important, if too little, no one will join it, if too much, it may be a scam. Reasonable numbers will range from 200 - 400k usd.
Actually, the USD figures that ICOs place in their bounties are merely a commercial stunt to try to attract people to their ICO and to promote it via campaign signatures and social tasks. ICOs tend to pay in their own token (except for few select BTC paying campaigns), token that still has to raise a certain value during the ICO sale, reach some sort of exchange, and then get assigned a market value. Whatever figure they place here as an equivalent in USD is just wishful thinking at best, and knowingly deceiving if not.
jr. member
Activity: 135
Merit: 7
I think most of the participants definitely don't want a bounty program to take too long. There are too many ICOs cheating in the crypto world, resulting in a number of fake bounty programs designed to attract investment and gain illicit profits.

Therefore, a bounty program should not be too long, only 1 to 2 months is best. Participants do not want to spend too much effort and in the end what they get is nothing, wasting time.

Besides, the pool for bounty is also very important, if too little, no one will join it, if too much, it may be a scam. Reasonable numbers will range from 200 - 400k usd.
member
Activity: 257
Merit: 32
If campaign is paid in BTC,ETH or some non violent stable coin, and payments are rugular ( for example once a week) I don't have any problem with that campaign is long/very long. Problem starts when campaign is a lottery and you don't know how much you'll earn so these campaign should be quick for me like 4-8 weeks max
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
It really depends.
People actually prefer a campaign stays longer if;
- The coins being paid have value e.g BTC,ETH and not just some tokens that are not yet even on exchanges
- Payment is done weekly
- The Campaign manager is good and reputable like @Hhampuz
- The funds for the campaign are held in an escrow

Members prefer the campaign takes a shorter time if;
- Funds are not in escrow
- payment is done at the end of the campaign.
- Payment is made in tokens that have not even started trading
full member
Activity: 504
Merit: 127
Match365> be a part of 150BTC inviting bonus
Bonus: What's your most disliked type of bounty campaign?
I don't like bounty campaign combining their bounty thread with their announcement thread. Their announcements are being spammed by the social media participants.

Just report them to moderators if you happen to find something like that. There is a whole section dedicated for bounty threads to be posted and yet they are doing something like this in order to get some bumps.
I missed this. I saw a lot of bounties last years that have this kind of scheme but I don't think right now they have this thing.

The best bounty company is the one in which you will be paid in the end, as be promised, short or long is not so important.
True, as long as the project is true it is worth it.
full member
Activity: 560
Merit: 121
I look at the overall picture of their project, is it possible or attainable, what would be the probable outcome after a length of time, if I see that there is a possibility for the project to survive and will be in great use or need in the future then possibly I would wait as their roadmaps shows their step by step plans but there are also projects that are good for short term holding, just like going with the flow and do as majority does or else you will regret if you dont. There was one bounty campaign I joined a year and a half ago which I still keep their tokens until now and at last project developments are giving hope to the value of their tokens as they give updates from time to time.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
<…> Actually I never seen any bounties asking for merit requirement to join on their bounties.They are just concentrate on the quantity of their participants not that quality posts which are useful for the community.<…>
It’s not that widely extended yet as a requirement, and it is mostly the BTC paying campaigns that control the quality of the posts made by its participants, tending to establish a minimum amount of earned merits to begin with (see Overview of Bitcointalk Signature-Ad Campaigns [Last update: 05-May-2019]): Around 6 or 7 of these campaigns require x amount of earned merits explicitly, whilst others don’t, but do consider them inherently as part of their cherry-picking participant selection process.

In general terms unfortunately, token paying ICOs are not concerned with quality but rather more with exposure exclusively, and thus do not (yet) demand earned merits for its participants.
member
Activity: 546
Merit: 32
Lower ranks do enjoy long terms this because the earlier they get into the campaign then the better rewards.a.user will get. But still it will depend on the rank because the higher the rank that a user will be joining in the signature bounty campaign then tue higher stakes allocated for them. This is why many are asking to get awarded by merits in order for. them to.earn in signature bounty campaign after getting some.merits and then ranking up later on.
Actually I never seen any bounties asking for merit requirement to join on their bounties.They are just concentrate on the quantity of their participants not that quality posts which are useful for the community.But as a memebr of this forum we have to avoid spams and start helping the other people as much as can in the way we are.
full member
Activity: 924
Merit: 221
Lower ranks do enjoy long terms this because the earlier they get into the campaign then the better rewards.a.user will get. But still it will depend on the rank because the higher the rank that a user will be joining in the signature bounty campaign then tue higher stakes allocated for them. This is why many are asking to get awarded by merits in order for. them to.earn in signature bounty campaign after getting some.merits and then ranking up later on.
jr. member
Activity: 240
Merit: 5
Shorter campaigns. i dislike long term or too late payment.
I have experienced such campaigns... it is stressful for me being waited long term.

However, after all, it depends on quality of project.
if its quality waste, i dont want to join bounty.


It's a problem now because we don't know if the project is quality or not after it's listed in an exchange.
If the price will dump, people will think it's not a quality project, sad to say but people judge the project easily based on it's early performance.
Whenever I join a bounty, I look into there background, such as members, business partners, and investors.

So, even if the price of tokens falls in the short term, or the distribution of tokens is significantly delayed,
I can be convinced to some extent,then I may make use of this experiment next time.

Still, i often make a mistake in choosing bounty project... Roll Eyes
member
Activity: 546
Merit: 32
Hello all,

Looking for some feedback on this particular topic. In general as a participant in bounty campaigns would you rather have one that:

1) is short in length but may provide limited opportunity to earn coins or tokens

or

2) one that drags on for longer time periods (up to a year) but give you the opportunity to earn a larger share of the total bounty fund

Let me know your thoughts and why!

Bonus: What's your most disliked type of bounty campaign?
If you are talking about bounties which is paying their own coins for the participation then longer format of the campaign increase the rick for the participants because they will get profits only of that project's coin or token get some value or else they just wasted all their time on that project.But bitcoin paying signature campaign means you have to choose long form even if the reward is less for now because later those small rewards will turn into big amount.
hero member
Activity: 966
Merit: 535
Long bounties are bs and they take advantage. Hell some go on for a year. If you do not get paid after a year of work you going to be fuming and probably want to punch your screen in. Its unacceptable.
Bounties must split their campaign into 2 months long at the most and pay within 2 months afterwards and try get listed on the exchange. Many times you wait months to be paid or get paid and then wait months for the token/coin to be listed on the exchange.
hero member
Activity: 1050
Merit: 529
Student Coin
Shorter campaigns. i dislike long term or too late payment.
I have experienced such campaigns... it is stressful for me being waited long term.

However, after all, it depends on quality of project.
if its quality waste, i dont want to join bounty.


It's a problem now because we don't know if the project is quality or not after it's listed in an exchange.
If the price will dump, people will think it's not a quality project, sad to say but people judge the project easily based on it's early performance.
full member
Activity: 980
Merit: 114
I think it differs from person to person as some people want shorter campaigns but the reward given is almost the same as the longer campaigns which shorter campaigns may/might happen to give much higher or the same reward as the longer campaign or not as the reward you'll get from campaigns whether short or long is based on the campaign itself on how successful the campaign is.
You are absolutely right it depends on individuals while some participants want I short term campaign others preferred the long term one it depends on users preference but for me personally if I like the project I don't mind promoting them for a long time as far as the payment is OK I don't mind.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
I think it differs from person to person as some people want shorter campaigns but the reward given is almost the same as the longer campaigns which shorter campaigns may/might happen to give much higher or the same reward as the longer campaign or not as the reward you'll get from campaigns whether short or long is based on the campaign itself on how successful the campaign is.
legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
<...>
Most campaigns will pay based on stakes, which are a share of the total pool of allocated tokens for the campaign (/concept). At the end of the campaign, stakes are normally calculated by adding all the awarded stakes and calculating their token equivalent as a ratio to the campaign token pool. Therefore, the more people that participate, the less amount of tokens you will receive (many do not even put a limit to the amount of participants). Additionally, since the campaign pool tends to be a fixed amount, the longer the campaign, the less tokens you will get for your shares.

Not all campaigns function by the above criteria. BTC based campaigns for example tend to pay a fixed amount per post, establishing an upper limit to the amount of posts that are considered in the payment procedure. These campaigns tend to delimit the number (and quality) of participants according to budget and other factors.
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