Topic: HOW TO IDENTIFY GOOD AND SOLID BOUNTIES - page 13. (Read 9085 times)
I use only one selection criterion, if the project collects a soft cap, then I take part in the bounty company. So I save a lot of time.
I have not found a research method about bounty that is good and legit because I always fail in choosing a bounty campaign even I feel cheated because of it, I think it needs a variety of things for that.
never expect much about the campaign. we are following a campaign just to get extra money, for us to save in a larger investment. I participated in the campaign but I only enjoyed my daily life as a filler of my free time.
I have not found a research method about bounty that is good and legit because I always fail in choosing a bounty campaign even I feel cheated because of it, I think it needs a variety of things for that.
The problems with new project are mainly on the teams ,they mostly don't have any past experience with blockchain technology and they only released their projects based on experimental purposes ,I believe that if teams are pro the project will easily reach milestones
If I am going to compare it now, if the bounties is under by IEO, or STO I could say it has a high chance to consider as one of the potential utility token in the market. But of course, making your own way of researching is much more better and good. Then, the whitepaper must be realistic and their team must supposed to be transparent to their community.
I think this is the information that most bounty hunters will find out.
But the problem is that it is difficult for us to verify the information provided by the project
But the problem is that it is difficult for us to verify the information provided by the project
To find a solid bounty we must know the project from starting the team, concept, meeting, and promoting it in the future, but for the sale of the IEO they will definitely plan so that it must be the IEO against ICO,
and choosing a trusted BM is the main thing like Hhampuz
and choosing a trusted BM is the main thing like Hhampuz
For me to identify a solid bounty is to look if the project is solving some problems regarding block chain technology like scalability etc. Also the team must be professional and experienced, moreover the bounty manager handling the bounty must be reputable and trusted, lastly the project must be having an IEO on binance because that proves the project is serious and trustworthy.
The technology used by new projects can also be an indicator as a good investment. For me, to follow a good bounty, I think we are following a bounty manager who has a reputation and this forum provides information about which bounty manager is good
Thanks this a wonderful piece. I participate in bounties most times if the team are actively working to develop their platform qnd not just concerned with the sales of their token. A working product project tends to always come out top notch. I will advice anyone participating in bounty to look out for such features
I agree that a solid team is one indication of a good project and a valuable bounty to work on. A good team will give success to the project and also investors will be happy if the project starts making money
For me to identify a solid bounty is to look if the project is solving some problems regarding block chain technology like scalability etc. Also the team must be professional and experienced, moreover the bounty manager handling the bounty must be reputable and trusted, lastly the project must be having an IEO on binance because that proves the project is serious and trustworthy.
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
Thanks this a wonderful piece. I participate in bounties most times if the team are actively working to develop their platform qnd not just concerned with the sales of their token. A working product project tends to always come out top notch. I will advice anyone participating in bounty to look out for such features
I agree with most of the OPs list, but I would say the most important consideration is always whether this coin fills a gap in the market. Is there really a need for this project, or is it just jumping on the crypto bandwagon? If there is a need for the solution this coin is offering, then are there other coins out there that fill the same space and would be direct competitors?
Picking a good bounty campaign is really a difficult task for bounty hunters, and it is much difficult for newbies. There are some factors that should be considered before going to join any bounty campaign.
Project team should be strong and reputed. Its collected amount suggests how much the project is trusted by people. Its technology and goals. How much practical the project is.
Project team should be strong and reputed. Its collected amount suggests how much the project is trusted by people. Its technology and goals. How much practical the project is.
When i find or identify good and solid bounties i always look at their website, wihitepaper, roadmap and their social medias if there is a lot followers for their bounties, i always want to know how far this project will go in order to conclude that this project is good.
Latey, i often participate those bounties that are run by high level rank in this forum, but as what i have experienced from those projects, it was not that popular in the end, and some of it, becomes dead, so for now, the higher the level does not matter for me, what really concerns me is that if the project is planning for IEO or doing an IEO, that means if they have it, i can assure that the project might be listed to that exchanger.
The fund raised before coming onboard to raise fund from retail investors, is not a good means of accessing any project.
I have seen a lot of projects that claimed they raised huge amount of fund, yet they lied and ended up as scam. Although, when you ask so many of them, they will not be able to provide any evidence to substantiate their claims.
I agree.The funds raised by them before launching another project is not a solid proof that they are legit. For me, i usually study the team behind the project, and most especially the manager who is managing the project. I have known quite names of managers who have made the projects very successful knowing they are also very responsible in the outcome of their projects. I have seen a lot of projects that claimed they raised huge amount of fund, yet they lied and ended up as scam. Although, when you ask so many of them, they will not be able to provide any evidence to substantiate their claims.
The fund raised before coming onboard to raise fund from retail investors, is not a good means of accessing any project.
I have seen a lot of projects that claimed they raised huge amount of fund, yet they lied and ended up as scam. Although, when you ask so many of them, they will not be able to provide any evidence to substantiate their claims.
I have seen a lot of projects that claimed they raised huge amount of fund, yet they lied and ended up as scam. Although, when you ask so many of them, they will not be able to provide any evidence to substantiate their claims.
Thanks for this guide but some of these points don't always apply to every project as I have seen projects have a very high hardcap and achieved this with ease and some with low caps as long as 5million have failed miserably.
money time is you and nobody will be held responsible if project fails.
Quote
5. WHO IS THE BOUNTY MANAGER? WHAT IS HIS TRUST LEVEL ON BITCOINTALK? WHAT IS THE SUCCESS RATE OF THE CAMPAIGNS HE HAD MANAGED? AND SO ON
Having a reputable bounty manager is not an endorsement to say everyone this is a good,safe,promising project to invest in,NO IT DOESN'T WORK LIKE THIS. it's expected that you do your due diligence as the person risking their 
There are several things to take into consideration, as a hunter, your main concern should be about the pay and as a result, you need to choose wisely, look at the team behind the project, check their social handles,know the extent of the sale possibly if they met softcap, all things being equal, check the reward for bounty!
5. WHO IS THE BOUNTY MANAGER? WHAT IS HIS TRUST LEVEL ON BITCOINTALK? WHAT IS THE SUCCESS RATE OF THE CAMPAIGNS HE HAD MANAGED? AND SO ON.
Easy with the caps lock, dude. But as far as the above statement, I would say that sometimes bounty managers are at the mercy of the project devs and whether the latter will pay the bounty hunters. If the funds are in escrow, that's fine, but I'm not sure that's the case with a lot of bounties. I don't follow them too closely, though, so I could be wrong.If people keep getting screwed with these things, wouldn't you think it's time to not participate in bounties? You do all of this work up front and hope everyone on the dev and BM level keep their word, which apparently doesn't happen sometimes.
I've been aware of ICOs and their bounties since the beginning of them (I think). I've chosen not to get involved, despite the fact that I could probably have earned a lot of money. The reason for that is I have no faith in these projects, which are either complete shit or outright scams. There's no way in hell I'm going to advertise for them. And ultimately I have little sympathy for those who choose to do so. Most bounty hunters are just spammers, and they're the ones polluting the forum (and social media, too). Move on, don't support these scams.
Jump to: