Does Bounty really pay? - page 19. | Bitcointalksearch.org

tabas

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Quote from: Obong Okon on February 08, 2023, 07:54:12 AM

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

For some, they do and that's the reality in bounties. Some will become successful and will pay those eligible participants and there are much more bounties that becomes unsuccessful and there's no essence to them to pay their participants since they are already a failure, a failed project.
That's why they're just assigning and allocating a certain amount of their token for that bounty so they wouldn't release actual budget on it and just as said, if they become successful, they'll release the tokens and if not, they'll still release the tokens but it has no value.

NeuroticFish

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Quote from: Obong Okon on February 08, 2023, 07:54:12 AM

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

It heavily depends on the bounty and the bounty manager (that's why bounties on bitcointalk are somewhat safer than the ones on Telegram).
Clearly there are many projects that don't intend to pay, hence only the ones with escrowed funds or reputable bounty managers worth any attention.
Then, no matter how good they pay, you bear a huge risk anyway because they most probably pay with their own coin/token which in most cases will never become valuable.

So yes, if you already have that feeling, flee as soon as you can and don't look back.
And as others said, in the vast majority of cases you'll do free advertising, since you'll end up with nothing or with nothing valuable.

Maus0728

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Quote from: Obong Okon on February 08, 2023, 07:54:12 AM

because I feel they are prone to defrauding people.

If that is what your gut says, you are probably right.

Bounties, ICOs, or whatever shit you want to call it used to pay pretty well, but those days are long gone. Most likely, the things they tell you to do, like translating, spamming forums and social media, are a waste of your time and effort. You would be better off using your free time to develop technical skills that could lead to employment or perhaps a freelance job so you can DCA BTC.

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It depends on how you consider the "pay" is.

I'd say many bounties do pay their participants, but the payment they got doesn't always 100% like the beginning promise. Many projects promise the token is worth for $1 at the distribution rate and they will pay you for 75 token every week, so technically you will earn $75 for every week. But the shitcoin price drop to $0.02, so it's mean you only earn $1.5 for every week. Does it's worth to spend one week to earn $1.5?

Taskford

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Quote from: Obong Okon on February 08, 2023, 07:54:12 AM

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

95% of them doesn't pay and owners just want free advertising to their project then leave if they failed or even succeed since they can't afford to list their tokens to be listed on expensive exchange. Also 5% chance that they paid but don't expect to get good pay cuts because mostly if they got listed on shit exchanges the value shrunk down because many of its early investors or words the devs are dumping it to secure their profits.

Obong Okon

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Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

Topic: Does Bounty really pay? - page 19. (Read 2209 times)