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Topic: HOW SHOULD A BOUNTY BE........ (Read 566 times)

member
Activity: 690
Merit: 12
There are consequences for every action
April 23, 2019, 05:11:05 PM
#72
A bounty should be straightforward and direct; no hiccups
With no terms such as; you can be deleted without any explanation
Or terms like; payment allocation can be adjusted

Fair and honest is all that is required
member
Activity: 308
Merit: 10
★YoBit.Net★ 1400+ Coins Exchange
April 22, 2019, 10:09:15 AM
#71
You have a point But Sometime Its not only  Bounty  Hunter  who dump the token  investor are part of it . Most Project give out 50% bonus in Pre-sale lets  say you have bought $1000 wealth  of token  and your giving 50% bonus .. as soon the token get on exchange if you are panic investor you will dump it and go  .. Some time Bounty Hunter cheat but KYC can never solve the issue .. sometime the project manager should distribute the bounty  hunter token  on 2 or 3 quarter bases ..i think it can help . 

I agree that everyone is difficult to deal with the division of the money, but do you understand the feeling that our money is held by others, I am very inhibited about that feeling. But I also agree that dividing each installment to pay is the most stable  Roll Eyes
sr. member
Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
April 22, 2019, 09:39:29 AM
#70
You are correct. But a lot of ICOs and bounties being total scam, it would be too risky to provide you KYC to anyone and everyone.
If requested for, KYC should be verified by a trusted third party agent rather than being asked by campaign managers and ICO teams.
Until now, there are many KYC issues that have problems regarding KYC which is required for bounty hunters. even though I think so far there is no problem with the bounty hunter in completing KYC several project bounties that have been followed. I myself do KYC for bounty if the project is good and really pays.
legendary
Activity: 2982
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
April 22, 2019, 09:34:40 AM
#69
You are correct. But a lot of ICOs and bounties being total scam, it would be too risky to provide you KYC to anyone and everyone.
If requested for, KYC should be verified by a trusted third party agent rather than being asked by campaign managers and ICO teams.
member
Activity: 672
Merit: 10
April 22, 2019, 09:27:13 AM
#68
I think most of the people and also the ICO believe that bounty is main reason for the dump of the coin. It is true in either way but most of the participants are scammers. They make multiple accounts acquire most of the reward and when the coin is listed on exchange they dump it. Most of the content have only views (PAID) and no public interaction but then also then they are getting huge rewards and aquire the reward of true bounty hunter.
FOR ME THE ICO SHOULD HAVE THESE CONDITION :
1) KYC
2) content should be checked nicely.
3) Facebook and Twitter accounts should be checked if they have real people or not.

These things will reward only the one who should get rewarded. I think fraud will be very less by applying these things.



THOUGHT - Only scammer and fraud people dump their coins but True bounty hunters support the project by HODLING as they know how much it takes to give a good content.
honestly I really hate KYC and also the data that I have is not cheap and it's impossible I want to exchange my data with a few $.
I don't think it is possible for a bounty manager to check on each social media account of a bounty participant. it's a stupid thing that wastes a lot of time.
full member
Activity: 269
Merit: 100
https://i.imgur.com/ya7OkAV.png
April 22, 2019, 09:23:38 AM
#67
Now bounty is going down. But coming future bounty will be increase am steel believe. Some bounty need to kyc. So before join the bounty check the rules and regulations. Then easy to choose and invest. If price is down wait and check the price then exchange and sell it.

Check the below mentioned link. It help to get some information and ideas.
https://ih.advfn.com/cryptocurrency/icolist
sr. member
Activity: 1274
Merit: 267
April 21, 2019, 06:34:20 PM
#66
here are my opinions :
  • KYC proccess is to prevent money laundering, therefore it's not really necessary for bounty hunters, unless they will buying tokens at tokensale.
  • I agree that content campaign should be checked carefully or give a hard rules, but the amount of tokens they received is related to the portion of total stake of the campaigns. If someone has a minimum stake but no one is accepted on the campaigns then he/she deserves to get 100% of campaign allocation.
  • There's a website which can automatically check real followers, it's not about real or fake but the most important is that their follower is related to crypto or not


I don't agree that only scammers are dumping their coins. Anyone have right to buy or sell any of their asset, it's their rights. They have been paid for doing their jobs, and not scamming anyone.
sr. member
Activity: 1624
Merit: 261
April 21, 2019, 06:25:11 PM
#65
I don't think bounty hunters are the only dumpers. Most of the bounty hunters hold their coin for the future to get a passive amount. However, the traditional way of bounty isn't profitable for the project because they engagement is too low.

We are almost at the end stage of bounty campaigns and I doubt there might be any bounty participants if all the bounty projects either turns out to be a scam or don't pay thier dues to bounty hunter and there needs to be a much organized way that the bounty programs should operate. While most of the bounty users just dump their coin once they receive it but there are some of them who holds it.
hero member
Activity: 1470
Merit: 509
April 21, 2019, 05:53:49 PM
#64
I disagree if you call the bounty hunter a dump ... I also know why you consider the bounty hunter to cause dum ... that's because you have never invested ico ... if you have invested a large amount of ico then you will know who cause a dump .. '
Remember, bounty allocation is only 1-2%, while you don't count bonuses for investors?
You are right, bounty hunters only have a small amount of funds from ICO allocations. Investors are the ones who influence the destruction of the price of an altcoin because they hold a lot of coins from the ICO.
Like you have never encountered this result. Also sometimes there are bounty hunters who who create the order repeatedly below the last sale order. If a solution is found for them, everyone will get what they deserve.
sr. member
Activity: 517
Merit: 257
CryptoTalk.Org - Get Paid for every Post!
April 21, 2019, 05:43:06 PM
#63
I don't think KYC is necessary unless it's a legal requirement of whatever jurisdiction  the bounty is being run in.
legendary
Activity: 2422
Merit: 1036
casinosblockchain.io
April 21, 2019, 09:54:37 AM
#62
FOR ME THE ICO SHOULD HAVE THESE CONDITION :
1) KYC
2) content should be checked nicely.
3) Facebook and Twitter accounts should be checked if they have real people or not.
Number 1 is a no for me. I will not give my personal information to some stupid scammers out there whom I don't know. They can do anything in my information like selling it online etc.

Contents and social media campaign checking are done by the bounty manager so this is the fault of the bounty manager. Sad to say, there are some lazy bounty managers out there who aren't checking if the accounts are real or not as long as they are being paid.
sr. member
Activity: 1372
Merit: 322
April 21, 2019, 09:48:47 AM
#61
I don't think bounty hunters are the only dumpers. Most of the bounty hunters hold their coin for the future to get a passive amount. However, the traditional way of bounty isn't profitable for the project because they engagement is too low.
jr. member
Activity: 602
Merit: 2
April 21, 2019, 09:11:35 AM
#60
Well, in the project in which I participate, I saw that social networks are checking for reality. Maybe it's time for all other projects to enter this procedure. I can also say that the content should check more. So many scammers just steal articles.
legendary
Activity: 2898
Merit: 1152
April 21, 2019, 09:04:28 AM
#59
I do not think KYC is needed for a bounty, but if the needs arises then it can be done.  But I think it should be the last resort. 

First we must know why we are making a bounty campaign, this is to advertise the project.  Unless multiple account is not permitted on the bounty, I do not see any wrong if someone exploit this hole on the campaign.  Beside those alt account will be doing the advertising too.  Morally I believe it is wrong but  technically it isn't.  Aside from that, the reward of the bounty hunters must be filtered by the manager in-charge.  And the manager must be strict in implementing rules.  If the participant does not meet the requirements, he can always reject the application and all the entries.

sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
April 21, 2019, 08:57:25 AM
#58
Your better off if the service pays in a trustworthy crypto like bitcoin and ethereum.  Accepting new coins/tokens as payment is extremely risk and you will be unlikely to cash it out due to low liquidity.  Remember that it takes very little effort to create a new token.
creating token now very easy to do now since many platform that allowed it.even there are many people open services for this.and if we don't know the developers background we could  trapped in wrong projects that will not give us worthed reward.
hero member
Activity: 1218
Merit: 534
April 21, 2019, 08:52:20 AM
#57
Your better off if the service pays in a trustworthy crypto like bitcoin and ethereum.  Accepting new coins/tokens as payment is extremely risk and you will be unlikely to cash it out due to low liquidity.  Remember that it takes very little effort to create a new token.
legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
April 21, 2019, 08:46:12 AM
#56
it is the job of bounty manager to find and get rid of scammers, spammers, and lastly those people who have multiple accounts, i don't understand why would you need KYC for bounty campaign, the bounty manager should declare that there will be KYC at the start of the campaign, most of bounty campaign tells it at the end of campaign, it's like scamming the bounty hunters, to solve the trust issue we need a escrow to hold the bounty tokens for us.
Sometimes bounty manager is also used with tricky ways and they don't understand what is going on. ICOs can successfully reach the soft cap and get listed by the exchanges. The later team decides to stop the development of the project and they gave back the invested amounts.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
April 21, 2019, 08:45:21 AM
#55
I personally think that the Bounties should be paid half in the token and half in ETH OR BTC on a weekly basis, that way people don't get discouraged by waiting months and months to receive a useless token that in the end isn't worth anything, or be totally scammed by the ICOS that run off with Investor's money.  Both TOKENS AND ETH/BTC should be escrowed as well that way there is more trust being built by both parties. Also, there should be minimum level at least KYC, like for example, you must put in the PROOF OF AUTHENTICATION post. Like recently there was a gang of Vietnamese Thieves, stealing all my Husband's videos and my blog reviews, pretending to be us, they even made telegram i.d using our photos, etc. So there has to be trust built from both sides of the fence.
sr. member
Activity: 1360
Merit: 258
Instant cryptocurrency exchange with own reserves!
April 21, 2019, 08:36:39 AM
#54
I think most of the people and also the ICO believe that bounty is main reason for the dump of the coin. It is true in either way but most of the participants are scammers. They make multiple accounts acquire most of the reward and when the coin is listed on exchange they dump it. Most of the content have only views (PAID) and no public interaction but then also then they are getting huge rewards and aquire the reward of true bounty hunter.
FOR ME THE ICO SHOULD HAVE THESE CONDITION :
1) KYC
2) content should be checked nicely.
3) Facebook and Twitter accounts should be checked if they have real people or not.

These things will reward only the one who should get rewarded. I think fraud will be very less by applying these things.



THOUGHT - Only scammer and fraud people dump their coins but True bounty hunters support the project by HODLING as they know how much it takes to give a good content.
That might be the best arrangement for the ICO organizers, but not for bounty hunters, maybe you have read various reasons from the other members above, especially for KYC. The bounty hunter does not want to sell his personal data to the ICO organizers, because of their privacy. The crypto world is created to maintain the privacy of each user, if there is a KYC system, there is no privacy again. Except for registration on exchanges, which has been running for a long time and many people know this exchange (big exchanges), maybe that is necessary
member
Activity: 546
Merit: 21
April 21, 2019, 08:08:31 AM
#53
Not all bounties will implement KYC as we now it, even the developers will be the ones to decide that and the rest is bounty managers job, the bounty I'm presently promoting has a very hardworking no nonsense bounty manager, and many who used double accounts are been fished out already and mind you this doesn't stop dumpers from dumping
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