Topic: For the good of bounty hunters (Read 341 times)

A system that would force all of the bounties on this website to pay a certain amount, eg, 10 USD would be way to hard to implement and monitor. The manpower for this just isn't possible and there would not be enough staff to moderate the endless amount of bounties appearing on this website daily.

There is a simple solution to all of these scam icos/bounties. Please use your brain when participating in both.

If a bounty campaign is scheduled for 3 months, and the rewards look pretty minuscule compared to the work involved - move on. There are a lot of more profitable bounties out there [1] and no one is forcing you to join the one that is paying you minimum wage.

When choosing to participate in one's ico/bounty campaign take note of the main factors which will determine if they are legitimate or another pump and dump or another shitcoin that never gets listed on anything except ED and Forkdelta.

[1] Some great examples would be safen, tv-two. These are icos I would trust.

Probably not.
Did you forget the reason why altcoin projects pay with their own token? or let me rephrase the question, did you forget the reason why they do ICO's?
It is because of lack of funds. Simple as that.

They'll rather add the accumulated eth/btc to the development fund of the project than giving to bounty hunters.

I don't think this will be possible because no projects team want to pay from their hands to the bounty participans unless it is an bitcoin signature campaign so if you are looking for assured return then join on the campaign which is paying weekly.And you also need to research about the project before promoting them some are not worth to promote so it is in our hand.

You mistake progress with tired. I bet you know some calculation of stakes when joining the campaign. Stakes would be equivalent to the allocation, the stakes, and the total stakes. It goes like (The total allocation) / (The total stakes) = Amount per stake x (Your stakes) = Your token/share. If that was a good company and maybe you are about 100000 participants, it is possible that you would get lesser stakes. Next time you think about the price of the token and on how many possible participants could join the campaign.

I think you should be looking at the bounty as hard work. I mean just enrolling yourself into one bounty camping isn't gonna work for us. You have to be active in many bounties at the same time. You know what people are literally getting themselves enrolled into 100's of bounties in a month and then at the last though they get tokens from each then they are worth thousand dollars. You may not believe that but thats how the bounty hunting really works. No bounty will end up as good as over $1 or $10 but that could happen rarely. Just to overcome that rare chance one must look after the quantities here and then try the luck. 

You can't really demand much from bounty managers. Usually, they're not involved with the budget allocation of the campaign. Most of the time they're just tasked to pick out eligible participants, make sure that the participants post regularly, count the number of posts at the end of the week then distribute the payments accordingly. Unless the ICO has funds, you won't be able to impose that minimum payment to every bounty campaign.

This is why ICOs profit from bounty campaigns. They can advertise at very minimal cost since paying with tokens don't cost them much.

You could choose to hold the tokens you've earned and hope that the ICO you participated in will become successful so that the value of the token will go up. There's a chance for the token to have greater value, but there's also the chance that it won't and it may even lose it's value totally. It's really down to choosing a good ICO which has the potential to be successful.

Well, OP I feel you sometimes it difficult to go in a situation with that kind of bounty. But sometimes we can't control how the campaigns will go thru in good or bad situation. We can't predict it's price would be if it will be high or low after the end of their ICO. We should choose wise what are the best campaigns out there so we will not be whinning at the end. Besides, bounty campaigns should have limitation in participants. Like Sylon and yahoo62278 they manage their campigns in the line. They set the limit of participants and set the required tokens that a bounty hunters can have. So for me it's good to join with experienced bounty managers like them.

First of all you need to pick the right bounties,if you join and promote the worthless projects then no surprise you also will be rewarded with their worthless token.But it is a good idea that $10 per month for each participants in ETH.But it is upto the project manager and the projects devs the forum can't do anything about it.But let's wait for some bounty managers opinion about this idea.

It is not easy to mange the bounty campaign as their are various sub campaigns in that and many participants. You need to keep the track of everything and identify the fake profile from it as well. But if you promote the right coin you have a good chance of making huge money as well from it.

Some bounty hunters mentality would really be like this on where when they already joined up bounties they do expect hundreds of dollars to their given task without even minding the risk ahead that those tokens might get high value or doesnt have anything at all and its always been part of the risk on joining up these bounty campaigns and you should tell yourself on that so you wont able to expect high later on. Anything can happen and also companies or projects wont give any guarantee on recieving a minimal amount for your work.

Maybe your friend was a lucky one, by joining bounty or being bounty hunter it depends if the project was fully successful then you can earned huge amount after ICO's end. Giving a stake especially have a thousand participants may cause a lower rate rewards.
It depends upon on which bounty you are joining you are pretty lucky if the project met their fund target from investors.

While reading different comments here, it's getting clearer to me how a bounty hunter faces various challenges. The tasks are both rewarding and challenging. Though your experience was different from other hunters/ campaigners but that was inevitable.
I just joined bounty because I was inspired by a friend who earned a pretty big sum of money overall by doing this. I'm just looking forward to earn more in the coming months.

I think it is partly the responsibility of the participants too. When you sign up for such campaigns that are going to pay in some altcoins/tokens you should be aware of the risks that come with such campaigns. You agree to get paid for your work in a virtual token that does not even have a value at that time !
Bounty hunters dump their earnings as soon as they get them making the token to suffer.
I would recommend you to participate in campaigns that pay you in established cryptocurrencies like bitcoin or ethereum.

High paying camoajt in the sense are you mean to say about bitcoin signature campaigns. Nowadays finding a new campaign and getting accepted seems very hard one.
We need to have good merit score and quality posts on the various expected section.
If all good means you can slotted there but bounties not AF all looking anything. Else participated forum members also does not check the potential of the bounty projects.

I feel your pain, but I guess you can tell from posters here that few people would sympathise. The things you want might seem to be better available in the conventional financial and employment system where you're protected by centralised systems... governments that ensure you get paid according to fixed contracts, etc.

Think about it. We're all taking risks here. I could be earning in Bitcoin all my life and have it suddenly worth zero one day. It could happen. Would be unfortunate, but it wouldn't be unfair.

Same as ICO participants. They could say it's unfair they invested thousands for tokens that eventually are worth next to nothing. Unfortunate, not unfair.

Move on, and next time, look for fixed payment for work you do if you want predictable earnings. These token bounties are a risk it seems you're unwilling to take.

This is the risk you are willing to take.

Yes, you can work for 4 months and receive tokens equivalent to 10$ and you can also work for a month, ICO reach hard cap fast and you could receive tokens equivalent to couple thousand dollars(token reward from my last bounty was equivalent to 0.6 BTC)

We are all aiming to hit high paying campaign so your suggestion to made them pay in ethereum is not good.

LOL. Care to share which bounty it is? Well that's the risk you have to take if you are a bounty hunter. You really don't know the value of each token up until it is given to you. Yeah I would have to agree that it is quite cheap to get just a  dollar for your hard work but that's how it is. You can't forced them to have a minimum pay, and its the risk that you take and I'm sure that you know how bounty works, unfortunately it didn't work in your favor mate. And imagine if the tokens was dump hard at the market, LOL. what the price going to be?

In my honest opinion i do not expect too much out of bounties why? Because the job i'm only offering to them is as little as to nothing they pay me good stuff but not as easy as two or three months but again the jobs on bounties are not as hard as hell we bounty hunters don't expect a lot of profit just a good enough of money is enough for bounty hunters. You can actually join many bounties whatsoever to profit or to gain to you just have to be mindful of you busines and look out for more.

And how you imagine it? Who can enforce to do that?
Ok, there are x number of tokens reserved for bounties. Let's say you earned 500 tokens, but after ICO these tokens worth only $1. So, from where they would need to take 4500 more tokens that bounty payment would reach $10?
And let's say you only participated in Twitter or Facebook campaign. Do you really think they need to pay at least $10 for worthless retweets and shares?
I think you need to choose bounty campaigns more carefuly to avoid slavery work. Now when you received $1 worth tokens you need to accept this fact and move on.

- Most of the twitter and facebook bounty payment are low because there are thousands of participants and projects don't share huge % of bounty token to those social media influencers.
- Token can be worth anywhere over zero and sometime literally zero (if project get busted as scam), so you can't expect any minimum amount from them.
- Some bounty manager even scam hunters when it comes to allocate share to their contributors and they never finalize payment within their claimed date of distribution so for some bounty you might even have to wait for years.

- Whenever the term bounty is mentioned,here's what comes to my mind : - Working for something that doesn't exist by taking risks that aren't there and expecting a reward which is as good as invaluable.

-To simplify it further,you don't know what the price of tokens will be and hence by working for them you should not expect a productive value.

-It's clearly a hit or a miss and in case it was a miss,what are you whining about ?

Well, in that bounty campaign you've joined, did they offer stakes or fixed amount? Maybe you should pay attention to which bounties you're joining, and if they were offering stakes, well you can't blame them.

Also, what did you expect? You can't just finish the bounty, receive your tokens and sell them for hundreds of dollars. Hold them, they might be worth a lot more later on.

Is it good to receive payments for bounty you worked hard for month/s and the equivalent only is less than $1 in token?

Yes, I  recently been paid 95 of the tokens I worked for 5 months since November. I have met all the required posts for the social media categories, Twitter and FB considering they are good company.

I was surprised it is only equivalent to less than $1? Oh my, it's a shame and undeserving for the bounty hunters.
It is unfair for each active participants to have received the amount less than what they worked for in months. It is not worth it.

SO I propose if many bounty hunters or campaigners agree to have minimum payment of $10 in eth equivalent aside from the token they should receive from the ICO program. If this would not possible to be in eth, then the ICO program should explain in details that each participants  should have minimum of not less than $10 dollars in token equivalent if their campaign reach 1 month and additional rewards if they will be extended.

And..

Do you wish if the campaign with no completed bounty participants share the allocated token to be divided by the active participants in that category? I noticed that most of the spreadsheets contain incomplete line up and inactive participants. Is this good? I think so.

How I wish this can be implemented? I am no bounty manager but willing to help the community of campaigners.