Low allocation bounty pools pays easily? - page 4.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Silberman on November 14, 2019, 10:57:30 AM

The developers could release the coins to the bounty hunters immediately but they don't, they use the excuse that bounty hunters are going to sell their coins to the market immediately crashing the price of the coin and that accusation is ridiculous, even if bounty hunters sell their coins in the market as soon as they receive their coins if the price of the coin crashes because of this then it means that it was a bad coin and that has nothing to do with the bounty hunters.

Well it is a bullshit reason to hold back on the bounty rewards but the bounty hunters have also an agreement to abide by any changes in terms during the course of the bounty hunting. So in a way they put the bounty hunters in a jinxed situation where you cant get the reward and even if you do the project will be a failure and the price of the token will go down. If they knew that hunters dump their tokens why did they opt for it in the first place? Poor marketing skills.

Then the participant has nothing to do but cry at the bad habit of participating in the first place whatever the allocation may have been.

Silberman

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Quote from: FaithInCrypto on November 09, 2019, 03:18:00 PM

I've joined bounty before but I stopped because it took so long for them to release the tokens.

I am not sure if low allocation pays instantly but hope there is a criterion that they follow when awarding the tokens after the bounty.

The developers could release the coins to the bounty hunters immediately but they don't, they use the excuse that bounty hunters are going to sell their coins to the market immediately crashing the price of the coin and that accusation is ridiculous, even if bounty hunters sell their coins in the market as soon as they receive their coins if the price of the coin crashes because of this then it means that it was a bad coin and that has nothing to do with the bounty hunters.

LordShanken

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Quote from: tvplus006 on November 13, 2019, 09:56:02 AM

Quote from: LordShanken on November 13, 2019, 07:58:45 AM

....It is important not to give away huge amounts of free tokens at promotional events and for bounty campaigns. And that's why I think that a smaller bounty pool is better. I think that to secure the price, it is also good to block the sale of tokens for at least a few months after the end of the ICO.

If the advertising campaign is carried out with a limited budget, this will entail minimal payments to bounty hunters. In this case, limits on the number of participants should be introduced.

Yes, this is also some way, but the organizers want the campaign to be attended by as many bounty hunters as possible, so probably the best is simply to optimize the budget so that it is attractive to participants and not unnaturally large - which would later cause dump coins on exchange and dump the price. Therefore, calculating the budget should be done by experts, not people who just look at the market and think that they know what will be the best.

tvplus006

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To the Moon

Quote from: LordShanken on November 13, 2019, 07:58:45 AM

....It is important not to give away huge amounts of free tokens at promotional events and for bounty campaigns. And that's why I think that a smaller bounty pool is better. I think that to secure the price, it is also good to block the sale of tokens for at least a few months after the end of the ICO.

If the advertising campaign is carried out with a limited budget, this will entail minimal payments to bounty hunters. In this case, limits on the number of participants should be introduced.

LordShanken

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Quote from: tvplus006 on November 11, 2019, 04:33:19 AM

Quote from: LordShanken on November 11, 2019, 03:17:22 AM

...It often happens that the price of $1 during ICO drops by 90% or more after listing on exchange. When the starting price is lower, the fall after listing is smaller and it is easier to return to the initial price later. Same is with bounty pool, if is higher then the drop after listing can be stronger.

In my opinion, there is only one way to keep the token from depreciating. No need to set its value equal to $1. The token price must be set to 1 Satoshi. In this case, he will not be able to fall less than this value)

A smart idea, but it's not about blocking the possibility of a price drop, but to protect the price against it. Of course, there is no single and reliable way to do it. It is important not to give away huge amounts of free tokens at promotional events and for bounty campaigns. And that's why I think that a smaller bounty pool is better. I think that to secure the price, it is also good to block the sale of tokens for at least a few months after the end of the ICO.

seleme

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Quote from: biddicoin on November 12, 2019, 06:06:43 AM

Quote from: awakpane on November 09, 2019, 09:51:20 AM

In my opinion, your opinion is also true. lately there are many low-allocation prize campaigns that get paid for bounties. because their sales quickly reach the set target. but there is also a prize campaign that has a high allocation of funds, but also directly gets payments to hunter participants.

man, bounty allocation and target sales are totally different
low target sales doesnt mean low bounty allocation too, that's why it cant pay easily

even on low allocation but dont get any good investment, the dev cant pay bounty hunters
dev must consider wisely to set bounty allocation and target sale as realistic and achievable

How is the team supposed to pay the bounty rewards if the expected minimum token sale goals have not been met in the token sales? There is no need to overcomplicate the known stuff, the low bounty campaigns pay easily because the dumped tokens by the bounty hunters are not even 1% of the total market circulation. I agree with the opinions about the delaying payments in the bounty distribution in case of the project reached the hard cap.

janggernaut

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Quote from: tvplus006 on November 11, 2019, 04:33:19 AM

Quote from: LordShanken on November 11, 2019, 03:17:22 AM

...It often happens that the price of $1 during ICO drops by 90% or more after listing on exchange. When the starting price is lower, the fall after listing is smaller and it is easier to return to the initial price later. Same is with bounty pool, if is higher then the drop after listing can be stronger.

In my opinion, there is only one way to keep the token from depreciating. No need to set its value equal to $1. The token price must be set to 1 Satoshi. In this case, he will not be able to fall less than this value)

Even if the token price is set to 1 sat, you can't even sell it since you won't find or hardly to find any buyer who will buy your token. It's like your token worthless

Mahanton

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Quote from: tvplus006 on November 11, 2019, 04:33:19 AM

Quote from: LordShanken on November 11, 2019, 03:17:22 AM

...It often happens that the price of $1 during ICO drops by 90% or more after listing on exchange. When the starting price is lower, the fall after listing is smaller and it is easier to return to the initial price later. Same is with bounty pool, if is higher then the drop after listing can be stronger.

In my opinion, there is only one way to keep the token from depreciating. No need to set its value equal to $1. The token price must be set to 1 Satoshi. In this case, he will not be able to fall less than this value)

Not an ideal thing to be done on setting out that 1 sat price and considering to that price then what would be the total supply of that one?
For sure it would be more than on the highest supply on the current market as of today just like bytecoin which do have 184 billion supply
having $0.000054 price. How much more on 1 sat priced one? It will have a tremendous number of supply and it isnt that ideal or good thing.

biddicoin

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Quote from: awakpane on November 09, 2019, 09:51:20 AM

In my opinion, your opinion is also true. lately there are many low-allocation prize campaigns that get paid for bounties. because their sales quickly reach the set target. but there is also a prize campaign that has a high allocation of funds, but also directly gets payments to hunter participants.

man, bounty allocation and target sales are totally different
low target sales doesnt mean low bounty allocation too, that's why it cant pay easily

even on low allocation but dont get any good investment, the dev cant pay bounty hunters
dev must consider wisely to set bounty allocation and target sale as realistic and achievable

tvplus006

legendary

Activity: 2268

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To the Moon

Quote from: LordShanken on November 11, 2019, 03:17:22 AM

...It often happens that the price of $1 during ICO drops by 90% or more after listing on exchange. When the starting price is lower, the fall after listing is smaller and it is easier to return to the initial price later. Same is with bounty pool, if is higher then the drop after listing can be stronger.

In my opinion, there is only one way to keep the token from depreciating. No need to set its value equal to $1. The token price must be set to 1 Satoshi. In this case, he will not be able to fall less than this value)

LordShanken

sr. member

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Quote from: TheUltraElite on November 11, 2019, 01:30:46 AM

Quote from: tvplus006 on November 10, 2019, 04:30:07 PM

A team promoting its ICO will always strive to pay for the work of the bounty hunters with their tokens. And if the amount of planned fees is less, then the payment also becomes small. Recently, I have not seen such payments of 1 million dollars to bounty hunters.

Its rare to see the teams coming good with their promises. Those days are long gone now. These days bounty hunters are happy if the tokens they get even worth 10$ when selling in total on an exchange. Even that is not achieve-able because of the low market making demand of the coin and lack of buyers.

However every participant should calculate the precedes of the fund raising before joining the project. I remember some projects having deceived their participants and then ran away with the manager in their cahoots. TokenSuite was one of those groups of scammers who have left this forum for now.

Good times for ICO and bounty hunters are gone, but I'm sure they'll be back again.
The price of a coin in ICO may be significant, but in my opinion the higher it is, the worse for bounty participants. I am talking about a moment like this, which is a lack of fresh capital on ICO market. Just the higher the price, the harder it is to maintain its level. It often happens that the price of $1 during ICO drops by 90% or more after listing on exchange. When the starting price is lower, the fall after listing is smaller and it is easier to return to the initial price later. Same is with bounty pool, if is higher then the drop after listing can be stronger.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: tvplus006 on November 10, 2019, 04:30:07 PM

A team promoting its ICO will always strive to pay for the work of the bounty hunters with their tokens. And if the amount of planned fees is less, then the payment also becomes small. Recently, I have not seen such payments of 1 million dollars to bounty hunters.

Its rare to see the teams coming good with their promises. Those days are long gone now. These days bounty hunters are happy if the tokens they get even worth 10$ when selling in total on an exchange. Even that is not achieve-able because of the low market making demand of the coin and lack of buyers.

However every participant should calculate the precedes of the fund raising before joining the project. I remember some projects having deceived their participants and then ran away with the manager in their cahoots. TokenSuite was one of those groups of scammers who have left this forum for now.

Text

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One more thing reason I realized is the price of the coin/token offered on the ICO. I think it also depends on that, if the price is cheap then they would open a large bounty pool then if the price is almost a dollar, then they only create a small bounty pool. It's just my opinion though cause I've been in bounty too before, based on my observations...

tvplus006

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Quote from: Polar91 on November 08, 2019, 06:14:12 AM

I believe that the quantity of token allocated for hunters isn't a basis for them to paid easily or not. It purely depends on the distributor and the project itself. On the other hand, I've seen that some those who have millions of total supply are those project that turns into shitcoins. Usually projects with decent total suplly are easier to be successful and quite quick to pay hunters at the same time.

A team promoting its ICO will always strive to pay for the work of the bounty hunters with their tokens. And if the amount of planned fees is less, then the payment also becomes small. Recently, I have not seen such payments of 1 million dollars to bounty hunters.

milewilda

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Quote from: Doranile432 on November 08, 2019, 06:03:06 AM

After reading few posts about how successful ferrum network bounty was i detect that the actual amount of the total bounty allocation is just around 45k and i think to myself maybe this was the reason why it become easy for the team to pay hunters?

It seems that bounties with not very large allocations are better because there is a high chance of getting paid over those bounties with 1million pool? am i right or wrong

Either because not all low allocation bounties does pay anytime but somehow we can really presume that they would pay up since it isnt really that big
unlike into those unrealistic million of usd pools. The thing here is that even if youve been paid up you cant be sure on what would be the value of the
token you have received.So its still on half chance for you to say that its completely better.

m0Ray

sr. member

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In my opinion there is no difference between bounty companies with a large pool and a small one. The difference is only in the price of the coin. Since in companies with a large pool you can get a lot of coins that will cost very little. But fooling both of them. Passed the time when it was possible to get a lot of coins and in the future to wait for an increase in the price of them. Now you need to find a project that will not deceive you. Big will pool or a small this not it is important.

Mammothcoin

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KoinPro

That may not always be the case. There are bounty campaigns that had a pool of hundreds of thousands of dollars that have paid hunters promptly. I don't think the allocation is a determining factor in deciding how easily the bounties are paid, I think it's more about the team and their integrity: how committed they to honouring their bounty commitments.

upyem2k

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Everyone is entitled to his or her own opinion. But does low bounty pool pays the hunters? Alchemy bounty pools just $50,000 for a bounty to span 5 months. And about 2,000 participants are already involved, now when the bounty is completed, of course the team will gladly pay the hunters about $25 on average for 5 months work.
Now, how does that pay for the hunters?

Christinebeauty

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You are neither right nor wrong. That is your opinion and you are entitled to it. Howeve, I disagree with you. Because unless otherwise the bounty was paid in a trading coin like ETH or BTC, its actual equivalence stated in USD may not be true. They might promise you millions of dollars only for to finish the bounty and realize your tokens are worth just some few dollars.

shoreno

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you might be right with that because small pool bounties are mainly legit and tells the truth that they only have that small amount of funds but bigger bounty pools are sometimes unbelievable .

some users were attracted and will join imediately because they think they are jackpot when they see those type of bounties while others were just skeptical because they think they budget is too large and too promising , so probably they will hesitate to join on those .

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