Adding extra weeks is the first signal that this project will fail or you will have problems with it.
Good projects while planning their roadmap and milestones discuss all the necessary time periods for particular job to be done. If you did not make it on time and need extra time - this means something goes wrong and there is a problem.
If bounty extended, then pull must be increased. Everything has a price, everything can be measured, everything has balance in this world. When you increase something, something else must be increased also. Without it the scales of success (bounty hunter or project side) turn down.
Topic: Extra weeks added to bounty campaign - page 2. (Read 3105 times)
Extending a bounty campaign duration by adding more weeks do not determine if the bounty will do well. Just know before you continue be sure the bounty allocation is increased. I am currently participating in Oikos bounty. Rhrt increased the allocation.
In this case, if you still believes in the reason why you started in the first place, then I don't think there is any issue not continuing; also another thing comes to play and that is, will the allocation be increased, if yes then I think you can continue but if the allocation isn't increased nor the new allocation added isn't encouraging, you can stop participating. Also, checking the team to know how serious they are matters too so that you don't end up wasting your time.
An extended bounty is not a problem, as long as the allocation is added surely the participants do not mind. But sometimes there are also bounties who don't want to add allocations and always extend the duration, which is what the bounty participants don't like.
some people do not like extending the bounty period, but some people don't mind this as long as the reward is added. but, it will be very good when they pay a reward every week, so it doesn't matter if they want to extend the bounty period. unfortunately, sometimes they increase the bounty period by a few months, then the rewards are not added, sometimes it makes some people lose faith in a project. 
It's ok when projects describes why they decided to add extra weeks to bounty campaign. But the description must be clear and connects current economic situation.
Reasons like: "the projects show so much interest, so we decided to extend bounty campaign" or "we extend campaign, because lots of investors wants to make an investment" and something like that are lame excuses. All this means that there is no interest in the projects and they just want to raise more money.
Also one must look on current bounty length. If it runs already for 3-6 months, extra weeks is an indicator that you will waste time with them.
But if campaign runs for 1 month and team decided to add one more month - it is ok with me. 1 month of advertising is not always enough to introduce projects the World.
Reasons like: "the projects show so much interest, so we decided to extend bounty campaign" or "we extend campaign, because lots of investors wants to make an investment" and something like that are lame excuses. All this means that there is no interest in the projects and they just want to raise more money.
Also one must look on current bounty length. If it runs already for 3-6 months, extra weeks is an indicator that you will waste time with them.
But if campaign runs for 1 month and team decided to add one more month - it is ok with me. 1 month of advertising is not always enough to introduce projects the World.
I dont like being extended when you are doing a long time campaign already. The managers were not to blame for having an extension but we cant also blame the team. Maybe their goal was not expected or did not raised any good sales. Like most projects that doing these are surely will have a chance to fail, Im not saying they are not sucesful but having not enough budget for the project means ita gonna have a delay and that word is one thing many hunters hate to hear.
But I appreciate some managers who are keen and understandable that can let you exit the campaign while your stake for previous weeks are save and acknowledge.
But I appreciate some managers who are keen and understandable that can let you exit the campaign while your stake for previous weeks are save and acknowledge.
What you should consider is
1. What was the reason for such extension?
2. Was the reward increased?
3. Does the reward worth the time allocated to the campaign?
and finally, what attracted you to the campaign. If you like the project, it's best you hang in there and finish up with the campaign.
1. What was the reason for such extension?
2. Was the reward increased?
3. Does the reward worth the time allocated to the campaign?
and finally, what attracted you to the campaign. If you like the project, it's best you hang in there and finish up with the campaign.
An extended bounty is not a problem, as long as the allocation is added surely the participants do not mind. But sometimes there are also bounties who don't want to add allocations and always extend the duration, which is what the bounty participants don't like.
Sometimes is a bad sign and sometimes is not, I saw a few Icos extending it because they need to collect more fund and after that just fail and a few bounties just extend with more tokens/coins allocation to keep spreading the word about the project.
if your stake can be saved in spreadsheet you should not continue in the extra weeks because I have quite bad experience with projects that do that but if you have confidence that the project will give you a lot of money then continue
I haven't seen it, so far I've only seen 12 weeks. but if there is extra time, it will be very boring for prize hunters. not to mention, waiting for the distribution of tokens.
If that was adding more reward to the participants and that could be fine. We can take a look at oikoss which has added more reward as the duration will be doubled from 4 weeks into the 8 weeks. If that 's also a trusted coin and why not? as long as you will get a good result at the end of campaign.
I haven't seen it, so far I've only seen 12 weeks. but if there is extra time, it will be very boring for prize hunters. not to mention, waiting for the distribution of tokens.
That is too risky, that is almost half of a year promoting a project. If the compensation worth it and you have look at the experience of the project team if they can deliver on the promises, you can go ahead. It will be most painful if you proceed and the project failed.
If the team already express the plan to extend their campaign right before the first round started I believe they truly meant what they said.
But it could mean they didn't get much funds thru their IEO/ICO. Keep an eye to the team's telegram channel because there must be something out there you will notice like if the team members who was once busy there started not appearing for days.
Alas, there are many precedents when a company was extended up to one year and as a result, payments were tiny.
Unfortunately, one cannot predict what outcome awaits you.
However, the following can be said. If the project extends the Bounty company, then the project has problems with raising funds,
and if the project has problems with raising funds at the initial stage, it is not known what will happen to it in the future.
Maybe it won’t collect anything at all.
Therefore, first of all, be interested in how much the project raised funds and ask for evidence.
Unfortunately, one cannot predict what outcome awaits you.
However, the following can be said. If the project extends the Bounty company, then the project has problems with raising funds,
and if the project has problems with raising funds at the initial stage, it is not known what will happen to it in the future.
Maybe it won’t collect anything at all.
Therefore, first of all, be interested in how much the project raised funds and ask for evidence.
Some of the projects I have been involved in have also experienced additional time for several weeks and at that time most of the participants were successful in the project. If you want to continue, you should first check how much sales the project has received since most of the projects last a long time because they are not achieving their sales goals, by extending the bonuses and the sale time. In sales, they hope they can achieve their goals in sales.
Some campaigns are reasonable to extend their campaign. I also understand their situation that in order to gain more investors they need to extend their bounty campaign. But I guess they should announce it early if they need to extend it, I'm sure some bounty hunters will also disappointed if they know that after the long time promoting their campaign, they will extend it again. I think additional 1 month is good for bounty extension. Some BM will allow their participants to leave but they should wait for their payments after the campaign. In your case, I think you should better to ask for your total stakes to be summary and leave it. Start to find new campaign.
Extending campaign period is not bad because they also rely on their fund raising timeframe. But what is unacceptable is the deletion of stakes once you leave. Its like you already work for it and cannot earned those stakes. Im just talking about when the campaign ended and decided to extend. A lot of projects doing it like forcing hunters not to remove signature, for me its like abusing the rules cause they wanted to have more time on exposure on forum and sometime delaying the counting of stakes. Greedy move, so Its better if you joined only those considerate managers.
This happens to a lot of projects. It is understandable that projects need more time for them to gather funds for development. However, as you said forcing participants not to leave by making a rule that stakes will be removed once you left is abusive. That is why as much as possible I look for BTC payment bounties to avoid this kind of risk when joining bounties.
Extending campaign period is not bad because they also rely on their fund raising timeframe. But what is unacceptable is the deletion of stakes once you leave. Its like you already work for it and cannot earned those stakes. Im just talking about when the campaign ended and decided to extend. A lot of projects doing it like forcing hunters not to remove signature, for me its like abusing the rules cause they wanted to have more time on exposure on forum and sometime delaying the counting of stakes. Greedy move, so Its better if you joined only those considerate managers.
Sometimes extending bounty duration is like expanding the results of the bounty campaign, I don't see anything wrong here, give a good use case and I will promote even if it's over 23 weeks
Yeah extending isn’t a bad even it’s apart of bounty campaign, teams have right to change their general terms. But it’s matter about of allocation, it would be increase. Rather you didn’t expect 20$,50$ rewards instead of 23 weeks. Meanwhile we seeing mostly bounty did extend without increasing. It's seems worst changing in bounty. I've read a thread yesterday about some bounties having "phases" of payments.
That's what people should probably avoid. It's synonymous to saying that payments are about to be delayed, even though at some cases delays are pretty much understandable..
Jump to: