HOW SHOULD A BOUNTY BE........ - page 4.

kaito.

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Activity: 336

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Quote from: manishanand on February 02, 2019, 04:51:25 AM

I think most of the people and also the ICO believe that bounty is main reason for the dump of the coin.

did you know that budget for bounty was mostly not more than 2% of total supply? so how did a mere 2% affect the whole price of a token?

Quote from: manishanand on February 02, 2019, 04:51:25 AM

1) KYC

it's a good way to minimize people spamming bounty program by using multiple account but many will say no to this because they choose to stay anonymous.

Quote from: manishanand on February 02, 2019, 04:51:25 AM

2) content should be checked nicely.
3) Facebook and Twitter accounts should be checked if they have real people or not.

as for this it's hunter responsibility to choose a competent bounty manager. because bounty manager was the one who allocate the stake and manage hunter submision that join their bounty program.

raden1922

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Colletrix-Bridging the Physical and Virtual Worlds

Quote from: manishanand on February 02, 2019, 04:51:25 AM

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.

It should indeed be a good idea in bounty, at least rules and also clarity. But will it work well and ensure that the project will be successful? Many participants have worked for weeks and at the end of the project they do not get tokens for various reasons and changes. Is that fair? The main thing that also needs to be considered is honesty in everything, for the appropriate results desired.

Pffrt

sr. member

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Why do you think Bounty should have KYC? KYC refers indirectly that you are selling your identity for some bucks. Are they secured? How about security of compromising our data? I think it should not be a requirement for bounty.

yulchatar

full member

Activity: 910

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Very often, bounty hunters receive their rewards a few weeks after the end of the bounty campaign. And it happens that in a few months. While investors get the coins immediately and can trade them at good prices. By the time hunters have the opportunity to dump, the price of a coin may already be very low. Therefore, you are mistaken when you say that they get a lot of money.

Bvvvp009

newbie

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Quote from: manishanand on February 02, 2019, 04:51:25 AM

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.

I totally agree with your thought,I am also a bounty Hunter I have followed rules honestly and I am holding my rewarded coins but when the coin lunched in exchange the cause of the dump always the bounty Hunters,to make some bucks honest hunters forced with the low price to sell their coins.

My opinion is to give the reward in BTC/ETH for bounty hunters.

Daffadile

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Lol OP you think a stranger asking for your KYC is legit? Have you not head of the KYC market? Your personal info is worth money. Maybe you have a fallout with the ICO team and the want to get nasty and now know who you are what you look like and where you live?? You think about that?

Quote from: poptok1 on February 02, 2019, 11:09:31 AM

For me it should be something along those lines:

1. No KYC - I won't sell myself for few cents if the bounty is in tokens.
2. No tokens - previous experiences with erc20 discourages me greatly to sell my credentials for dust.
3. No "all social-platforms in the world" - usually 2 should suffice.
4. No word form the devs on bitcointalk ANN? - No participation! Me at least.
5. No waiting - Either send the bounty weekly or go away. Especially frustrating when devs made people wait 3-4 months.
6. No ICO's - public, private, hidden, milestone based, doesn't matter it's most likely a scam anyway.
7. Not recognised on bitcointalk? - forget me participating.

Seven golden rules of mine. Call them stupid, unrealistic, deluded but I have had enough of all the money-grabbing nonsense.

KYC doesn't mean legit anyone can ask for it. Only a KYC offial regulator should ever see your info. It should be seen by only one person and it will never need to be seen again. Infact if an ICO is legit all they need to do is confirm your KYC with the Official KYC regulator. The ICO team should never see your actual documents. Any ICO asking for KYC should be very suspicious about.

I totally agree with every point you make. I really hate waiting months for pay or to work for months its absolute crap they can space it out and have more then 1 bounty so have 3 2 month ones instead of 1 6 month one.

poptok1

hero member

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Bobby Fischer was right

For me it should be something along those lines:

1. No KYC - I won't sell myself for few cents if the bounty is in tokens.
2. No tokens - previous experiences with erc20 discourages me greatly to sell my credentials for dust.
3. No "all social-platforms in the world" - usually 2 should suffice.
4. No word form the devs on bitcointalk ANN? - No participation! Me at least.
5. No waiting - Either send the bounty weekly or go away. Especially frustrating when devs made people wait 3-4 months.
6. No ICO's - public, private, hidden, milestone based, doesn't matter it's most likely a scam anyway.
7. Not recognised on bitcointalk? - forget me participating.

Seven golden rules of mine. Call them stupid, unrealistic, deluded but I have had enough of all the money-grabbing nonsense.

Redoc

newbie

Activity: 392

Merit: 0

I like bounties with an established MVP, hardworking and grafting team, and already paying out its token. And thats how Ternion bounty is. https://ternion.io/?utm_source=bitcointalk&utm_newbie=bounty

Awesomus Maximus

member

Activity: 392

Merit: 66

1) KYC should be avoided as much as possible. In addition KYC is no guarantee that the coin won't be dumped. 3) Even if facebook and twitter are checked for real people/followers, the bounty hunters will still dump their coins after they have been rewarded. Bounties are not the main reason why a coin is being dumped. The main reason is most of the coins have no real value and have no real use case other than to trick the investors into buying so that the devs and team members can make some money. If on the other hand the coin has some real value, you would think twice before dumping it lightly. Case in point: bitcoin. Look how many people are holding it regardless of the price.

AB de Royse777

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Quote from: manishanand on February 02, 2019, 04:51:25 AM

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.

1.
KYC is a no here. There are a lot of people who will avoid giving their personal details to a company.
2 and 3
Content checking is the Bounty Managers task. Problem is there are bounty managers who don't care much about their responsibilities.

About your thought - Are you saying the true believers will not sell their coin in any circumstance? :-)

Teamfearless

copper member

Activity: 118

Merit: 0

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 .

manishanand

member

Activity: 182

Merit: 14

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.

Topic: HOW SHOULD A BOUNTY BE........ - page 4. (Read 566 times)