Being a bounty hunter is not an easy task. There are scams, failed projects everywhere. Bounty hunters has to be careful more than ever. As a bounty hunter myself I thought to share my experience with other bounty hunters in here. I will talk about my bounty experience and my opinion about certain bounty managers and certain bounty campaigns I got to work.
There are two very important things to consider when it comes to selecting a proper bounty campaign!
1) Potential of the Project
2) Bounty ManagerIn this article I am going to focus on
Potential of the Project and
next article will be solely on bounty managers and my personal experience with them.
You are going to spend your time and money on this campaign, if it fails all the hard work you did is in vain. Therefore it is a must to do a proper background research on the ICO. There are few methods to get an idea about the project.
1) Referring an ICO Rating SiteYou can refer to ICO rating websites as it is the most straightforward and easy way. These websites (Please refer to annex 1) rate the upcoming ICOs. But it may not 100% accurate, even the most experienced people do mistakes as well these sites too. And also many of these sites charge a fee to publish an ICO in there site. Money can slightly change the rating of a particular project.
My Experience #1 : I started to participate in,
FTEC Bounty campaign (Bounty Thread :
https://bitcointalksearch.org/topic/bountypre-icoftec-first-trading-ecosystem-ready-project-3168899)
SkyFchain Bounty campaign (Bounty Thread :
https://bitcointalksearch.org/topic/bountyicoskyfchain-is-the-first-b2r-blockchain-based-operating-platform-2996537)
Inpactor Bounty campaign (Bounty Thread :
https://bitcointalksearch.org/topic/bountyinpactor-a-new-csr-platform-powered-by-csr-tokens-incitement-3286739 )
Eternal Trust Bounty campaign (Bounty Thread :
https://bitcointalksearch.org/topic/airdropbountyeternaltrusts-fiduciary-services-for-the-crypto-world-3137885 )
after observing their great ratings, (All three had given more than 4.5 out of 5 by the icobench.com). As all above three campaigns/ICOs are still ongoing I cannot say much about the reward yet. And as you can imagine I hope that these ICO rating sites are correct!
My Experience #2 :
After referring to ICObench.com I saw an ICO with 4.1 score out of 5 named,
Unibright (ICO site:
https://unibright.io/ Bounty thread:
https://bitcointalksearch.org/topic/endedunibright-integrating-businesses-on-the-blockchain-1-up-to-150k-2994777)
The project team looked good, they even had a partnership with mighty Microsoft. I participated for 2 weeks and got 79 tokens! Oh wait, You need the value from US dollars? Last time I checked those 79 tokens worth
$4.47 !!!
My Experience #3 :I participated in a bounty campaign called
RootBlock Chain (Bounty Thread:
https://bitcointalk.org/index.php?topic=3016577.0-root)
for 9 weeks there were no ratings about the project in recognized ICO rating sites. As days go by I was the second largest stakes holder in the bounty campaign according to the bounty spreadsheet. And guess what, they cancelled the bounty program day before yesterday (16/062018)! They announce that they are going to refund the investors and for bounty hunters, they get nothing but the total disappointment and agony!
2) Going through the project whitepaper and Team membersIf you have the technical skills and time the best thing is to go through the project whitepaper and identify the project’s pros and cons, which will give you a proper overview. And the project members are pretty important too as the final outcome almost depends on their hands! Do a little background search about the core members and look for their achievements. Team is the strength of a project!
My Experience #4: I joined a Facebook bounty campaign named
UCHIT (Bounty Thread :
https://bitcointalksearch.org/topic/bountyico-uchit-ico-created-by-crass-infotech4749-eth-3167782 )
and worked for more than 9 weeks. I did not check anything about their project nor team members. But it is revealed that all the photos of their team in the website (
https://uchit.info/) [yes, I know their website looks pretty wonderful, but…]
This scam is revealed in here > https://bitcointalk.org/index.php?topic=4467813.5 3) Following a veteran One of the very efficient way to find a great bounty campaign is this. I always gaze upon on that shiny badges and unbelievable merit count of those legendary members, hero members, Senior Members with amazement in my eyes! Then I look into their signature, if it represents an Altcoin ICO I do a quick research and find the bounty campaign and participate in it.
My Experience #5:Recently I saw a legendary member with more than 1500 merits wearing a fancy signature said
Impressio (Bounty thread :
https://bitcointalksearch.org/topic/bounty-impressio-7-500-000-tokens-worth-75m-usd-3350550 )
I decided to follow that bounty and I am hoping that legendary member is not wrong about the project!
(Actually this method is not preferred, but as newbies you may have to go to methods like that until you get proper knowledge and experience about the industry! )
PS: Always check the project’s social media activities, website maintenance, Special announcements in ANN thread, Telegram group and their interaction with the investors or bounty hunters. If you smell something fishy do not hesitate and send a message here! https://bitcointalksearch.org/user/the-cryptovator-1980983
I have many other information, but I will stop now. Feel free to ask anything, give any suggestions, give any corrections. I am more than happy to cooperate!
Cheers to all the hardworking bounty hunters out there! Annex 1