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Topic: Is IEO not becoming to be worst than ICO, any future for bounty hunters? (Read 327 times)

hero member
Activity: 2940
Merit: 613
Winding down.
The future of the IEO once its successful in the crowdsale has nothing to do with the bounty hunters dumping their reward as before the start of the campaign, it was already budgeted by the team and they will know the effect once it will dump.

ICO is worst and IEO is the new way for crowdsale, but they are still part of the a crowdsale and it's just not selling this time because the market for altcoins is still is still not stable, remember that IEO is for new project, if it grows right away, its just due to the hype, but its long term performance is more necessary to determine if the project is going to success or fail.
full member
Activity: 770
Merit: 113
How about staying away from IEOs and ICOs entirely?

They're both damaging to the cryptocurrency industry and are single handedly responsble for burning the hands of millions of noobs and retail investors.
AFAIK, IEO or ICO aims to get project development funds, and serves to form a strong community. This is needed by projects with limited funds. ICO once provided many benefits, but that was only temporary and now is the time of IEO. The best way to get big profits with IEO is to act immediately on the first day of trading, IEO is not good enough for the long term because prices often drop after a few days. of course we must choose a trusted exchange.

we need to realize that there is no instant wealth with a bounty campaign, it takes luck. The crypto world is full of unexpected surprises.
hero member
Activity: 2002
Merit: 535
How about staying away from IEOs and ICOs entirely?
This is the logical solution, i am not even investing in any projects because i lost the trust a long time ago.

They're both damaging to the cryptocurrency industry and are single handedly responsble for burning the hands of millions of noobs and retail investors.
There's no need to go chasing crazy gains, unless you're willing to waste a similarly crazy amount of time when you inevitably fail.
Majority of the investors have an idea that these projects cannot be trusted for the long term and yet many like to gamble but the noobs always get burned.

Bounties are for plebs with nothing better to do. learn a skill and earn some real money.
Many hear about the crypto market and think that it is all about bounty hunting and there is the problem. Without any skills or finding a way to provide service no one is going to make any money.
hero member
Activity: 1106
Merit: 502
I think the bounty is not only to promote the sale of tokens/coins, but if to introduce more projects or products. So if one day the IEOs/ICOs are not used anymore or even the hypotension is gone I think the bounty will still be there because it's the wrong marketing. It's just that if that happens maybe it's very rare for a project to launch a bounty campaign.
why do you say your bounty campaign is the wrong marketing strategy ?? in my opinion the existence of a bounty campaign can have a good influence on the ongoing fundraising because certainly there will be many campaign participants who spread information about the projects developed by the platform that holds ICO / IEO.
sr. member
Activity: 1204
Merit: 257
I think the bounty is not only to promote the sale of tokens/coins, but if to introduce more projects or products. So if one day the IEOs/ICOs are not used anymore or even the hypotension is gone I think the bounty will still be there because it's the wrong marketing. It's just that if that happens maybe it's very rare for a project to launch a bounty campaign.
sr. member
Activity: 980
Merit: 260
How about staying away from IEOs and ICOs entirely?

They're both damaging to the cryptocurrency industry and are single handedly responsble for burning the hands of millions of noobs and retail investors.

There's no need to go chasing crazy gains, unless you're willing to waste a similarly crazy amount of time when you inevitably fail.

Bounties are for plebs with nothing better to do. learn a skill and earn some real money.
full member
Activity: 1176
Merit: 162
Probit is a shady exchange, almost all projects that launch an IEO there is 90 percent dump and that exchange has many bots and fake volume. Only few projects that launch an IEO on top exchanges have bounty like Cartesi and Harmony they have an IEO on Binance. So most of the bounties are not really worth it because only few of them can launch an IEO on a reputable exchange. IEO on sh*t exchange does not make sense and no effect at all. I guess it is a good thing no sh*tcoin will be added on the market only genuine projects will succeed and remain.
full member
Activity: 630
Merit: 100
........ Interestingly, all blame is always shifted to the bounty hunters for dumping. How could you run an IEO with 100% bonus and not except a dump when it commences trading, that is double of investment in a short time most often within the same week or month. ......
Blaming the bounty hunter for allocations that are only around 1-5% is just defense from the dev team. If the project is good, the market power is strong, the small allocation will not easily make the price dump, so the dev team that always blames bounty hunters if the dump happens is a fool. Didn't they decide to hold a bounty campaign? they should know the right strategy, if they know the bounty hunter is the cause of the dump why hold a bounty campaign? very absurd.

IEO is one of the favorite choices to get profit now. The key is we have to find the right timing, coins or tokens from IEO are not good to hold in the long run. So sell immediately on the first listing, because that's usually the peak price.
full member
Activity: 1470
Merit: 148
Hunters season has gone into extinction because the entire cryptocurrency industry has been inflected with different types of scam projects around which these projects were or are be promoted or promote by these hunters. Sometimes ago, I did promote some bounties and got some good pays during the face of good project in place then compare to these days scam projects. Out of the bounties participated after the 2017, I never get the efforts of being a participants of these bounties. Bounties either through the ICO or through the IEO are more of scam than before.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
As i understand Bounty is kind of marketing, if there have no IEO or ICO, projects still can do Bounty for their project publicity. So, Bounty will alive till project owners findout another easy or low cost way to publicity their product and project.
I guess there isn't any other way that is cheaper than the bounty Campaigns as the bounty participants spreads the information about the project to more than a million of people worldwide and that too for a fraction of price what the companies would pay for advertising to a central authority on these social media platforms. And after this too the bounty hunters are paid at last, and this is very bad form of behaviour by the project owners.
hero member
Activity: 2576
Merit: 586
Bounty will always be a thing for the companies who can't afford proper marketing. Its basically free marketing, you are giving away the made up money that you created out of thin air that worths zero unless those people market it, so you give them money to make it worth something. And bounty hunters knows that if they work hard and make it possible, the more they work and better they work, the more that money they will receive will worth as well.

At the end of the day bitcoin payments are gone, nowadays there are either no or very little amount of bitcoin payments on bounties, which is why to me it is almost over unless I find something very cool to my eye, but people will continue to do bounty hunting until there are not even a single cent to be made from it.
hero member
Activity: 2170
Merit: 575

 I was an investor in 2017 I am not goint to lie, I have spent a lot of time and money on investing into ICO's back in the day but I was lucky, even though there was like only 2 coins that I invested which became valuable and probably like 10 of them started to worth close to nothing almost instantly, the money I made from those 2 covered all the expenses I had with the other ones and basically that was the reason why everyone invested.

 If you could find like 2 or 3 good coins to invest you could invest into 15-20 coins and still make a profit, that was the mindset we all had and it actually worked as well, plus if the coin you invested became not so well, you got out quickly before it became nothing, you didn't hold it for years. So you lost a bit but you gained a lot since ICO's were famous for going x1000 without much trouble.

 That greed and thirst became the reason why ICO's went down as well.
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
IEO is better than ICO, it's just that we have so many interested investors back in 2017 when ICO was good, I wish that IEO came first instead of ICO, once people knew that IEO success is on the exchange capability they will stay and trust tope exchanges instead
If that's come true , altcoin market will be more centralized rather than decentralized because of the controls of the top exchanges and top exchanges also can manipulate the whole ecosystem of a token/coin by playing the pump-dump game. But your opinion is also right as we saw the worst market in 2019 and it's for both investors and bounty hunters. Now, all the crypto lovers are waiting for the bull runs. Grin Also, probit is just a shady one for IEOs.
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
I'm just starting my bounty journey, coming across many bounties complains is not helping, I already start feeling like I'm wasting my time but thanks to few projects that still pays if not I won't be promoting any project today, it will be a different side of view if no single projects are paying again
member
Activity: 322
Merit: 10
IEO is better than ICO, it's just that we have so many interested investors back in 2017 when ICO was good, I wish that IEO came first instead of ICO, once people knew that IEO success is on the exchange capability they will stay and trust tope exchanges instead
full member
Activity: 491
Merit: 100
Initial exchange Offering cannot be over emphasized, it's much better that initial coin offering,reason being that with it, project that raise required fund needed easily but that will be dependent on the exchange used, also IEO doesn't put an end to creating jobs for bounty hunters, bounty hunters help in creating awareness which attracts more investor to the project so there is future for bounty hunters.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
Funny how they justify the 100% bonus with bitcoin halving. Grin
In the end, those guys are snakes that will always shift the blames to someone else. I think bounty hunters today need to allocation their time and effort toward projects that really worth it.
Agree, there's no need to spend too much time on bounty because now there are no really good projects. Just doing research and selecting 1-2 campaigns is enough for the time being.
member
Activity: 181
Merit: 10
Funny how they justify the 100% bonus with bitcoin halving. Grin
In the end, those guys are snakes that will always shift the blames to someone else. I think bounty hunters today need to allocation their time and effort toward projects that really worth it.
legendary
Activity: 1498
Merit: 1000
Why would you participate in a bounty where bounty reward is not escrowed? If the rewards were escrowed, you would certainly got your rewards on due time. Most of the projects now lock some part of the bounty rewardstill a certain date and the project owner dump their bag during that time, for bounty hunters, nothing remain anymore.
You will receive it on time, but not necessarily listed in the exchange. I have been involved with several escrow projects, but in the end they were still not listed on the exchanges. Finally, there are junk and useless tokens, it's best to join the bounty listed at the exchange.
sr. member
Activity: 1183
Merit: 251
Why would you participate in a bounty where bounty reward is not escrowed? If the rewards were escrowed, you would certainly got your rewards on due time. Most of the projects now lock some part of the bounty rewardstill a certain date and the project owner dump their bag during that time, for bounty hunters, nothing remain anymore.
I's very rare to see a bounty campaign that escrowed the reward. the majority of campaign didn't wanna use escrow to give guarantee to the hunters. It's not his fault but that's the developer's fault.
The result depends on our luck whether you get a trusted team or scammer.
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