Topic: ICO/IEO projects are lying to airdrop and bounty participants for a long time! - page 4. (Read 1081 times)
December 14, 2019, 10:29:35 AM
Honestly, i don't know will agree or not. Because when i see bounty campaign especially paid with token, and they said in USD. My mind automatically think it is amount when counted with ICO price. Don't know with other, but sometime i join that kind of bounty and hope, if the price really reach ICO price, i can get nearly with the allocation that mentioned before.
December 14, 2019, 10:10:56 AM
I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.
Sometimes, we have to understand those project too, for me it is fine for as long as they are doing their job and that is to develop their project, but if they will tell to bounty hunters that they need to invest first or do the KYC then I would refuse too, that's a scammers way, or meaning they failed in fund raising so it might also failed in giving rewards.
December 14, 2019, 09:53:06 AM
I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.
Sometimes, we have to understand those project too, for me it is fine for as long as they are doing their job and that is to develop their project, but if they will tell to bounty hunters that they need to invest first or do the KYC then I would refuse too, that's a scammers way, or meaning they failed in fund raising so it might also failed in giving rewards.
December 14, 2019, 09:06:18 AM
I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.
December 14, 2019, 08:57:09 AM
One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
It is very foolish to take the value of bounty campaign rewards seriously, unless their offering a well establish coin like Bitcoin or any of the others as rewards. Anybody can make a coin and say it's worth this much or that much. These prices predictions for payouts aren't truly reflective to the situations a startup could face, which leads to failure in meeting the projected demands. A lot of these bounty participants live spread out across remote regions of the world, from countries that are wealthy, to countries that are dirt poor, making it an easy way to trick newbies who will take on just about any bounty with a promise of a monetary gain, Just to end up working in a bounty campaign for nothing.For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
One should practice their Due Diligence, spending the time researching before expecting an airdrop (handout) or a bounty campaign to make good on it's promises. If it sounds too good to be true, maybe it is?
I learned this one the hard way and I still fall into it's pit often, "a fool and his money are soon parted"
December 14, 2019, 08:47:55 AM
Value of tokens will be calculated based on their ICO that is why they can able to allocate millions worth of dollars,Do you think they will do same amount of allocation with bitcoin rewards?
It means they over price their tokens and lure the investors and bounty participants to make money for themselves.
It means they over price their tokens and lure the investors and bounty participants to make money for themselves.
December 14, 2019, 08:44:13 AM
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect.
Well, you should know it when you are going to participate any airdrop or bounty. Crypto-currency always volatile, and when you are joining bounty or airdrop that period is ICO period, so obviously that price is current price. It doesn't make sense mentioning IEO or ICO price. Even projects themselves don't know what will be price after listed on any exchange. Its totally depend on traders, so why they will mention regarding prices. You should have basic idea that its default price of IEO& ICO. And you must work accordingly. For additional info, don't expect too much from airdrop or bounty. Nowadays very rarly getting success especially ICO projects. Do your own diligence before join any projects.
December 14, 2019, 08:24:06 AM
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
This is one of the games bounty managers play to gather members for the campaign. Therefore, such projects cannot be successful. Properly working projects essentially allocate fewer rewards and always have limited places and do not make false promises. Because devs know that they will succeed and they are confident in this matter. and why should they lie if there is confidence? December 14, 2019, 07:54:40 AM
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
This is one of the games bounty managers play to gather members for the campaign. Therefore, such projects cannot be successful. Properly working projects essentially allocate fewer rewards and always have limited places and do not make false promises. Because devs know that they will succeed and they are confident in this matter. and why should they lie if there is confidence? 
December 13, 2019, 11:54:34 AM
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
The answer to airdrop, I guess it is a marketing strategy so I don't think it's wrong to lure "free airdrop worth 50$". To be honest, I'm actually annoyed and very disappointed because of the problem "value" of the airdrop, but finally I realized it.Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
The answer to the bounty, even though there is an explanation of the estimation in each bounty thread but sometimes this often makes the bounty participants disappointed because of the uncertainty about the results to be obtained. indeed this also includes marketing strategies but this is the most frustrating compared to airdrop.
They cannot stop it because for them the method is fairly effective, but for hunters it is very annoying. even so everything must be accepted because it's free money. I do not support them but in reality this is what we must accept.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
December 13, 2019, 11:33:03 AM
Thats right. Most projects are cheating airdrop hunters and bounty hunters. Its pathetic situation. If the team is having such views, thats already visible in their investments raised. May be thats karma..
thats why you should not participated in airdrop/bounty that you know that there are no capital to starr up and use for marketing. If they cant use thier money for the project who else will be invested and choose them to thier money?Meanwhile, bounty and airdrop campaign are actually not for the same purpose because airdrop was meant for the project to gain more social follower, like etc in other to fast track the project listing on big exchange site while bounty is use to attract the investors.
December 13, 2019, 10:37:08 AM
I think that is the right thing. Placing payment amount for bounty participants based on their ICO or IEO price. There is nothing wrong with that, even if the price when the list on exchanges goes down it means that the project is not good or marketing techniques are not good from the project. Concerning payment and estimation, this is normal
December 13, 2019, 10:34:59 AM
This is a strong awareness to bounty airdrop participants about the risk involved in promotion of ICOs from my own personal experience as a bounty Hunter I had never been paid according to the expected payout after the token is listed some school of thought believed that it is the market forces would determine the final price or payout however a drop in the price which often occur in most listing means hunters would have been cheated.
December 13, 2019, 10:27:59 AM
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
December 13, 2019, 10:20:17 AM
Dude, you're missing the point of this cryptocurrency thing. Price is always volatile if it's btc or even alts. There's no way a project will lie to bounty participants or even to its investors by that way. The only way I can think of is when this projects will runaway after they get some money out of their sketchy icos.
December 13, 2019, 10:19:23 AM
One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
I agree with you. Indeed, the administrators of crypto projects almost all lie about earning money, well, that’s understandable, since they try to be attracted by the beautiful numbers of the participants, but only then when they call the exchange the price drops 10 or even 100 times and we, the participants in the bounty, get a penny. We are also deceived when they say that the token will go on the exchange, and as a result, after the ICO or IEO, they tell us that they have the platform in the first place, and the token is a three-pronged and not the main part. And that's not all. Very often, bounty participants are accused of selling tokens or lowering the price, but let’s say, many times it was when the bounty participants did not receive tokens yet, and the price of tokens fell 10 or 100 times. To be honest, I’m very sad to look at all this.
December 13, 2019, 10:05:48 AM
Not a great advice, just don't forget that many bounty hunters made a quite good amount in the last bull market. The bounty rewards should be hidden by the bounty hunters, this is not job contract. The fixed-rate per bounty participant will slow down the developing bounty industry and the stumbled bounty campaigns will not pay the token. Why just simply ask the stable coin bounty rewards, wouldn't it be easier?
December 13, 2019, 09:56:59 AM
But what they said for me was not wrong and indeed it was a marketing word to attract many participants who took part in their airdrop campaign, and indeed your advice for them to say the right thing was very good action for hunters
December 13, 2019, 09:54:24 AM
That's a marketing strategy. It's users who should be cautious about what they are doing and should learn more about what they are saying.
A seller would want to sell as much and make as much people advertise for itself. Users should choose what suits than and research about individual project they are advertising for and make a decision.
Agreed, that is what they call marketing strategy, managers are using such words in order for them to get the attention of the hunters, seeing a high bounty reward could get an attention to all participants that are hardly searching for a high paid bounties. Us, bounty hunters we need to be aware on what is happening, it is our job to understand how does the campaign we are joining will be, and we can ask the managers if we have a questions regarding everything. A seller would want to sell as much and make as much people advertise for itself. Users should choose what suits than and research about individual project they are advertising for and make a decision.
December 13, 2019, 09:49:29 AM
One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
OP, i really don't get you because you said airdrop and bounty with the inclusion of ICOs and IEOs are liars yet you participated in one. For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
Meanwhile, i can assure you that it not the fault of the project owner but the bounty hunters which are hungry to earn some penny for the hard time spent.
What I'm saying is that 80% of bounty hunters of these days don't have the required knowledge to know scam project.
Jump to: