thanks for verry helpfull information sir. i wanna save this post of yours. again thanks and have a nice day sir.
I'm glad you found the post helpful
Topic: How to choose the right bounty campaign? - page 3. (Read 661 times)
I'm glad you found the post helpful
thanks for verry helpfull information sir. i wanna save this post of yours. again thanks and have a nice day sir.
I guess many people are having the same question on this forum, wondering how to choose the most profitable bounty campaign. I would like to share the process how I choose the bounty and what criteria I find essential to consider:
1. Research the project - Main part for me is the potential of the project. I check the team, the idea, experience, whether there is MVP and if the project can really solve the issues it claims to solve. I don't want to join the project which is not genuine or that doesn't have potential to meet its funding goals, as then also my bounty will either not get paid or the tokens I get will be worthless
2. Bounty tokens allocation amount - I tend to check what % of total tokens supply will be dedicated to bounty campaign to make sure I won't get only changes for my efforts. Usually it's from 1 - 3 % of total coin supply, which proved to be fair amount.
3. Particular bounty campaign to join - Consider which of the bounty campaigns for the project you want to join and see what is the proportional % you can get from the whole bounty pool. For signature campaigns, you can expect to receive from 25 - 30% of the whole bounty pool. You need to divide the number by the amount of stakes, that is the number of tokens you will receive.
4. Bounty length - Usually bounty campaigns take from 1-2 months, I don't fancy the longer campaigns as the reward is normally the same whether you do the campaign that lasts for a month or 2. Avoid campaigns taking 3 or more moths.
5. Bounty campaign progress - I try to find the campaigns that are just about to start as then I can benefit the most by working on the campaign for longer than only last few weeks.
If you have some other criteria based on which you choose your bounty campaigns, please don't hesitate to share with me in comments!
1. Research the project - Main part for me is the potential of the project. I check the team, the idea, experience, whether there is MVP and if the project can really solve the issues it claims to solve. I don't want to join the project which is not genuine or that doesn't have potential to meet its funding goals, as then also my bounty will either not get paid or the tokens I get will be worthless
2. Bounty tokens allocation amount - I tend to check what % of total tokens supply will be dedicated to bounty campaign to make sure I won't get only changes for my efforts. Usually it's from 1 - 3 % of total coin supply, which proved to be fair amount.
3. Particular bounty campaign to join - Consider which of the bounty campaigns for the project you want to join and see what is the proportional % you can get from the whole bounty pool. For signature campaigns, you can expect to receive from 25 - 30% of the whole bounty pool. You need to divide the number by the amount of stakes, that is the number of tokens you will receive.
4. Bounty length - Usually bounty campaigns take from 1-2 months, I don't fancy the longer campaigns as the reward is normally the same whether you do the campaign that lasts for a month or 2. Avoid campaigns taking 3 or more moths.
5. Bounty campaign progress - I try to find the campaigns that are just about to start as then I can benefit the most by working on the campaign for longer than only last few weeks.
If you have some other criteria based on which you choose your bounty campaigns, please don't hesitate to share with me in comments!
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