Topic: If a project didn't reach soft cap will there still pay reward for bounty? (Read 410 times)
June 10, 2018, 10:56:50 PM
Im afraid no. When a project did not reached the softcap, they usually will refund the money to the investors. When they refund those money to investors, how could you expect to get paid?? however, it usually noted on their whitepaper, whether they will refund or not if softcap didn't reached.
June 10, 2018, 10:50:20 PM
No, particularly, the participants of the bounty programs will not accept the payment fro their working if the project itself doesn't meet the softcap. Not only the bounty participant, but also all teams in the ICO will not get the payment for this work. It means that the projects fails and it becomes our risks to accept.
June 10, 2018, 10:38:57 PM
after the ICOs it did not reach soft cap the project will be stop and the investment will be returned to investor. you will not be paid even you completed the task given. the project can be considered a failure.
June 10, 2018, 10:18:25 PM
If a project is unable to reach their soft cap will they pay participants their reward for bounty activities.
No bounty reward will be given to those bounty hunters as the developer will not continue the said project and they will the funds of the investors. Better choose a good bounty that can collect enough funds for better reward. June 10, 2018, 10:17:47 PM
If a project does not reach the soft hat, then it is a very failed project, they will not give the reward, even if the token is issued, there is no value. So don't waste time on a bad project.
June 10, 2018, 10:15:08 PM
based on that I experienced no payment for it. ICO does not reach soft cap means unable to walk or stop. so, of course, there will be no funds either to continue or to pay for the bounty. so if you choose the safest bounty is indeed looking almost or has reached the soft cap so obvious paid or not.
June 10, 2018, 10:00:45 PM
I've followed a bounty campaign with softcap that was not achieved. and I did'nt get paid from it. it becomes a learning for me in order to better in choosing a project that legit in the future. and as far as I know if the softcap is not achieved then the bounty hunter will not receive payment.
June 10, 2018, 09:56:43 PM
I don't think so. If they don't raise enough money, most of the time they will give up the project.
The reward thread you participate in will not receive any bounty.
The reward thread you participate in will not receive any bounty.
June 10, 2018, 09:56:20 PM
If a project is unable to reach their soft cap will they pay participants their reward for bounty activities.
If the project doesn't reach the soft-cap, then that means that the ICO has failed. Even if the bounty manager distributes the tokens to the participants, it will be of no value. You will get the tokens in your wallet, but they can't be sold anywhere.
June 10, 2018, 09:55:16 PM
I believe there's no such action from the team because we are just a bounty participants and our payment is dependent being dependent from the success of the ICO.
June 10, 2018, 09:41:31 PM
Mostly, when an ICO doesn't reach the softcap and they don't extend the projects (refund the investor money), the bounty hunters will not get the rewards. It is of course, all parties in the not softcap projects will not get any payment including the developer, bounty team, and all bounty participants.
June 10, 2018, 08:15:54 PM
I experience that situation right now, until today there is no distribution of tokens and there is no update regarding the project. That's why i totally considered it a scam project. It is totally waste of time and effort.
June 10, 2018, 08:11:36 PM
No, if don't reach the soft cap, usually the ICO has failed. Even if he sends you coin, it has no value.
June 10, 2018, 08:10:32 PM
Projects that do not reach the soft cap, the project fails. So the prize participants will not get paid and usually the funds for investors will be returned.
June 10, 2018, 08:00:08 PM
based on other experience about that if the ICO never reach the soft cap the company and the team will decided to stop their ICO project and to those who invest in first stage they will refund the money that they get so obviously they never pay reward of all the bounty participants.
June 10, 2018, 07:53:43 PM
Usually no, because its considered the entire project is scrapped, but theres exceptions. Still its not a good thing for bounty hunters either way, doesnt reach soft caps with theres not much fund invested and theres no sufficient value to pay bounty hunters as much as promised earlier, it could be just in dollars which I had been recieved few times already.
June 10, 2018, 07:49:33 PM
It depends on the allocation for the bounty. If it is in percentage, they will pay equivalent of your work. But if is in tokens, some will pay and won't pay because they didn't meet their Hardcap.
June 10, 2018, 07:41:14 PM
They don't. Even if they do, the tokens would have no value.
The Soft cap is the minimum amount of money they need to raise for the project.
If not reached, they'll return any investment made. And the bounty campaigners will get nothing.
The Soft cap is the minimum amount of money they need to raise for the project.
If not reached, they'll return any investment made. And the bounty campaigners will get nothing.
June 10, 2018, 06:59:26 PM
Base on my experience they won't pay us because there is no money that they get in their icos. I had join several bounties and some of them don't pay because they don't reach soft cap but i'm lucky because they return my investment. The only thing that wasted is my time and effort.
June 10, 2018, 06:57:32 PM
It's simple. If a project didn't reach soft cap. They wont pay reward for bounties, because the project is a failure already and there's no point giving out a useless token. Failed projects that are not scam will return the ETH contributed while the con artists will simply disappear with your funds
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