How i presently feel about bounties - page 2.

pixie85

hero member

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Quote from: Rcoinmoon on January 09, 2020, 05:57:50 PM

I just found out that there are many legit bounties but the issue is that most hunters are just greedy, they keep it to their self and run it with multiple accounts.

That's true and people also don't fight devs who scam bounty hunters. Both sides are guilty.

If you guys weren't greedy and checked the project before joining you'd have higher chances of earning money.

Also if you as a group went to all the forums and left negative reviews of the coin that doesn't pay you'd at least damage their reputation and make it not worth the money for them.

tenakha

hero member

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Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

Obviously, the amount allocated for the bounty should not be an indication of whether we should join it. But I also agree with you partly because I have spent a long time in this sector. The bounties that meet the criteria everyone wants to participate in often allocate less. However be careful of this, good projects allocate less amount for bounty, but not all projects that allocate less amount are good.

Zemomtum

full member

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CitizenFinance.io

Bounty seems to be a job for nothing now as most of the projects failed to pay after the campaign. Gone are those days you get some cool dollars in bounties. Few are even legit as most of them are scam shit. One can always engage in one that are pre-funded but that does not guarantee it will have value

denasha92

member

Activity: 616

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i prefer to do some bounties that paid with btc or eth. they always legit if they use escrow. but the problem is they never accept some member which their rank is below full member/Sr. member.

hahay

legendary

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Leading Crypto Sports Betting & Casino Platform

Low and high allocation does not provide something that will make you get a good profit in the end. Even though you are credited, but as far as I experience coins still don't get a good impact when the coins start trading. So in this case to still know in advance about what products they are developing and whether the product has good prospects when in the market, that is what should be considered more than if you only look at the allocation of funds there.

Bonwin

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Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

There are definitely bounties with low allocations, but you cannot still guarantee that they will all end well, despite how low they might be. Also, bounty campaigns of such type, just because of that notion that people have, just as you have also repeated, makes a lot of participants to join and then flooding it. this leads to an eventual reduction in reward, which sometimes cannot even be traded conveniently on exchange.

letyouearn

legendary

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Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

I see, you prefer small but guaranteed earnings here

This is the way that fits to some people who don't want to risk. But I prefer taking some risks and get a chance of earning a lot sometimes.

Twinkledoe

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★Bitvest.io★ Play Plinko or Invest!

I don't agree with the OP, so if the project doesn't meet their soft cap, then even if you are receiving your bounty rewards, it will be worthless and useless. You are just collecting worthless coins or tokens for nothing. Because most projects that haven't met their soft cap, they are usually abandoned or shelved. So how can you exchange your bounty rewards into something of value?

vintages

full member

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Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

This still does not guarantee the possibility of getting good gains when you sell the coin after listed not guarantee that the coin will stay around for a while and not dumped. Nor even make it as the top coins.
As more ICOs enter the market, more bounty are becoming scams. The little you can do is to get managed by a reputable bounty manager or use service that collect the tokens before bounty task. But the truth still remains that claiming bounties is a pure waste of time.

qtronix

member

Activity: 596

Merit: 10

You're right. Those projects that offer huge amounts for distribution are bad projects. Everyone thinks it's good that they will get more profit, but no one thinks that because of such a large percentage of coins, they will just be worth a penny.

stephanirain

sr. member

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Freshdice.com

Quote from: Saisher on January 09, 2020, 04:28:49 AM

Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

I still like to promote projects that have good potential whether they are paying huge or small allocation, it still goes on how good the project is and how it managed to generate funding, I stopped looking on the bounty and only concentrate if the project will become successful in the market.

This is a conflict between compensation and passion for this facet of crypto industry. Some people don't get it or got confused about it. It can be all in the matter of opinion of the hunter though some really made a good point to why you should really support a project. Furthermore, the findings of a project does not absolutely guarantees that it will succeed but it is one of the possible factors.

Rcoinmoon

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The Decentralized TCP/IP Internet Protocol

I just found out that there are many legit bounties but the issue is that most hunters are just greedy, they keep it to their self and run it with multiple accounts.

Fallenkeith2019

newbie

Activity: 14

Merit: 0

hmm I like bounties, but they can be tough to do sometimes but often rewarding

[email protected]

member

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You should understand that the number of coins to distribute does not matter for the success of the project. Of course, if a team offers a huge amount to bounty hunters, then this should be alarming. But the bounty of the company it is better to choose another way.

xiboothrezi

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Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

Let's try to understand one by one, if the project is good, the allocation is small, the bounty participants are many and not limited, so the rewards are getting smaller when using the stake system. The next problem, if the project is good, the allocation is large, participants are limited, but the distribution is divided into 12 months, or reward locked for many months, isn't the drama?
So, what I want to say is we must have a strong mentality and heart, because the bounty is full of drama, right now. Dwyor Do this with pleasure, do analysis before joining and understand the risks, remember that disappointment comes from excessive expectations.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

Low allocation of 30k to 50k what? 30k to 50k users? Or are you talking about 30k to 50k altcoins or fiat USD? It is really confusing to understand what you are trying to say over here. If you are saying that project fails to pay bounty hunters because the could not meet the "soft cap", then it is their own fault. They shouldn't be relying on the softcap (investors money) to pay off the bounty hunters, instead they should be paying off their own pockets. Or they can say that they will pay a certain percentage of the money raised to the user to avoid any confusion among the bounty hunters.

gensol

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Quote from: Byakuga on January 09, 2020, 04:25:06 AM

I'm starting to think its better to promote bounty projects with low allocation like 30k to 50k because they never failed to pay hunters, even if these projects find it hard to met softcap it will be easy to pay bounty rewards, this might be because of bear market but gone are those day of thousands dollar worth bounty rewards unless new wave of market movement takes place

That's right not only does low allocation campaigns pay hunters, these projects sometimes thrive more on exchange than those campaigns with huge payment allocation. I prefer to promote projects listed on an exchange by so doing I know what I get at the end of the campaign with the token market value

bitcoin-shark

hero member

Activity: 2968

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it is not said, let's say there is a higher chance that the bounty hunters will pay if the percentages allocated to the bounties are reasonable, but as the bounty managers always say in the rules, the rules can be changed at any time by the project team or by the same manager, it happened to me more than once that at the end of the bounties kyc is required or the tokens distributed are only a tenth of what was promised at the beginning so there is in no way certainty of being rewarded for our work...

Cheatbtt

jr. member

Activity: 294

Merit: 1

That is not so bad than not being paid at all, but in fact it is the same that most ICO projects today, whether low or high allocations are not guaranteed. and annoyed if paid but tokens cannot be traded on the market, some are paid but the allocation is reduced and not in accordance with the promise in their bounty statement.

AjithBtc

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Vave.com - Crypto Casino

Quote from: valuater on January 09, 2020, 11:45:19 AM

agree the low allocation of bounty, sometimes the reward is according to what they say for example the price of token is 0.1 $ and it turns out after listing on exchange the price is close to 0.1 $ maybe 0.08-0.09 $, but bounty like this sometimes is annoying. when too many participants join and they use "Stake" system, maybe participants will really only get penuts.

Low allocation or the staking doesn't cause anything negative over the market of the respective token. Myself have participated in different bounties and have earned a large number of tokens, and this was truly worth during the entire market reaching ath values. Further there is no big growth, opportunity missed is missed that too is a problem with it.

Topic: How i presently feel about bounties - page 2. (Read 826 times)