Low allocation bounty pools pays easily? - page 9.

tinyteapot

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Quote

Low allocation bounty pools pays easily?

Low pools can make projects owner to instantly afford the bounty hunters payment without bothering about their token/coin being dump when listed on the trading exchange.

On the other hand, that depends on if the project team are willing to pay because some high bounty allocations also pays their bounty participants easily.

joshy23

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Quote from: 10BTCaDay on November 08, 2019, 07:51:15 AM

The Ferrum Bounty Campaign was successful, but the rewards were very few tokens. if we talk about whether we need to participate in such awards - it is necessary. if we are talking about whether it is profitable - no. I participated and I will hold their tokens for a long time

The tokens which allocated for the hunters are being distributed by the team not only because of OP's opinions, there's also factors that affects
the team, but regarding to distributions this kind of act is a sign that if you will seek deeper you'll be able to find good ones that truly paying
for your hard work. It's only time now that can decide if the distributed rewards will turned to into gems.

pundit

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I completely disagree to the point that projects with small allocations are paying easily and have higher chances of success. BEEASY was one such shitty project which had very small total supply and it sold its token @ $130/token during ICO, later they did not list their token to any exchange officially. It was trading on DEX exchange @$1-3/token. There are many other examples. Even project with large bounty pools pay easily and are very successful, although it may take some time for their token to rise. Project's success depends upon the core concept, team dedication and planning.

Strongkored

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The ease project to pay bounty participants is not seen from the amount of bounty pool, but the seriousness and intention to truly appreciate the participants who have helped promote their projects.

Prize have already been mentioned at the beginning of the program and it is based on their own decisions, so why after the fundraising project is complete they become difficult to distribute the rewards. Is there any pressure on them to give a definite of bounty pool? None, that was the result of their calculation.

Sithara007

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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

That is not the right way of thinking about the bounties. Whether a bounty hunter gets his reward or not, will depend on the success of the project. Irrespective of whether the bounty pool is $45,000 or $1 million, a hunter will never receive his bounty in case the project fails upon listing. So rather than looking for the actual amount, analyze whether the project is viable or not.

Also, rather than the bounty pool amount, the soft-cap is more important. If a project is overpriced, then there is hardly any chance that it will be successful at the market. In such cases, the bounty pool doesn't matter. On the other hand, if a project is priced optimally, then there is a good chance that the bounties will be paid on time.

Kemarit

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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?

There could other reasons here, maybe they know that because we are still in the bearish trend, they shouldn't offer big rewards to bounty hunters to control everything.

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

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

Unlikely, before allocating resources each project has carefully studied how much they are willing to give. Maybe those projects that has big circulating supply has offer more as opposed to small caps projects. So it doesn't matter if allocation bounty pool is small or big, projects should pay bounty hunters as promised.

Casdinyard

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I heard ferrum network is a promising one and they actually did a social mining, a new trend of bounty which is quality over quantity. And it seems they succeeded in line of the success of Elrond. However, I'm not sure how much their participants got especially many had joined.

At this moment, 2key network had their ongoing social mining. You guys can check it, https://t.me/twokey_official

10BTCaDay

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The Ferrum Bounty Campaign was successful, but the rewards were very few tokens. if we talk about whether we need to participate in such awards - it is necessary. if we are talking about whether it is profitable - no. I participated and I will hold their tokens for a long time

mickey_miner

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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

I don't agree with you. If the project values its reputation, it will pay any declared amount, no matter how big it is.

Wapfika

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It's a safe move for them, to not tag scam or not paying bounty hunters since even they fail or only get minimal amount in crowdfunding the amount allotted for bounties isn't that big that will not affect their budget for the entire project. It's better for hunter since they can be sure from the start that no matter what happen they will be paid as the company will not ruin their name for small amount only. But still depends on the projects idea if it's worth joining since even you'll be paid and there is no quite value of that alt then it will seem no worth too.

DabsPoorVersion

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Quote from: Text on November 08, 2019, 07:10:05 AM

That was a good conclusion. Yeah I agree that having a small bounty pool allocation has the advantage of a project or token to be successful. Because as we all know most bounty hunters are just selling the coin after they receivd it. However, it will still depends of the team manager/management.

We can say that they have more chances to be realistic since having a small bounty pool can be easy to reach than having an unrealistic bounty pool.
It also means that their target raised fund is not that high to achieve their goal, but it will also depend on the market situation and if investors will be attracted to the project's platform and make them invest and participate in that project.

LordShanken

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Quote from: Zeke_23 on November 08, 2019, 07:05:21 AM

Quote from: LordShanken on November 08, 2019, 06:22:45 AM

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

You have a very good impression that bounty campaigns with a small budget are more reliable. However, not because it is easier for them to pay. Scam ICOs that wanted to make the loudest marketing possible offered huge amounts of tokens to attract as many bounty hunters as possible. For them it did not matter what amount they would throw into the budget, because they would never pay it anyway. They might as well say that the bounty budget is 100 million. It does not matter. Thats why the impression that all projects offering a very large budget for a bounty campaign are potentially scam and campaigns with little budget are more reliable.

Having a small allocated fund in bounty campaigns does not guarantee the success of the project. It easy for them to pay bounty hunters, but their work will still count if they will be able to gather enough investors to run the project or the team has a dedication to having a successful project. So, we can't say that if a project has a small bounty allocated fund it is already legit and become successful.

I'm not saying that a small budget guarantees that the project is not a scam or that it will succeed. I say that projects with very large budgets are more likely to turn out to be scams. Which gives us the impression that projects with small budgets are more reliable.

Text

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That was a good conclusion. Yeah I agree that having a small bounty pool allocation has the advantage of a project or token to be successful. Because as we all know mostly bounty hunters are just selling the coin after they received it so it turns out to decrease in value compare to its initial value and at the end we are seeing the ROI as red and negative then sorry to the investors. However, it will still depends of the team manager/management.

Zeke_23

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Quote from: LordShanken on November 08, 2019, 06:22:45 AM

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

You have a very good impression that bounty campaigns with a small budget are more reliable. However, not because it is easier for them to pay. Scam ICOs that wanted to make the loudest marketing possible offered huge amounts of tokens to attract as many bounty hunters as possible. For them it did not matter what amount they would throw into the budget, because they would never pay it anyway. They might as well say that the bounty budget is 100 million. It does not matter. Thats why the impression that all projects offering a very large budget for a bounty campaign are potentially scam and campaigns with little budget are more reliable.

Having a small allocated fund in bounty campaigns does not guarantee the success of the project. It easy for them to pay bounty hunters, but their work will still count if they will be able to gather enough investors to run the project or the team has a dedication to having a successful project. So, we can't say that if a project has a small bounty allocated fund it is already legit and become successful.

o.ogurlu

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I do not agree with the view that bounties with low rewards make payments easily. In my opinion, the payment for a bounty campaign is all about the team members of the project and the money the project has collected on pre-sale. If the project has provided sufficient funds and the project has a good team, then bounty payments can be made successfully, regardless of the amount of the reward.

Gotumoot

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What they still pay is a token that has never been exchanged in the market. This is why there is no guarantee that your reward in the bounty will be high value and possibly lower because it is likely to fall once it has entered the market. And almost all bounties pay for the only real problem here is whether it has value?

sureshnsnet

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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

I think there is no difference for bounty campaign are pay early if they have small amounts in payment, it is always depending on project team and they should successfully getting the amount in their tokens or coins sells. Few years ago we can get bounty rewards on time with any issues because less ico's with good projects but nowadays there so many ico, ieo and more so they have to run the tokens sales long times or reaching the target units so we have wait very long time to get our bounty rewards.

semobo

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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

High or low,its just depends on the total allocated funds for the development.Maybe the realistic value could make them easier to pay but it doesn't mean all the bounties with low token allocations for their project will pay for sure.Everything depends on their quality of project team and goals to achieve in future.

LordShanken

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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

You have a very good impression that bounty campaigns with a small budget are more reliable. However, not because it is easier for them to pay. Scam ICOs that wanted to make the loudest marketing possible offered huge amounts of tokens to attract as many bounty hunters as possible. For them it did not matter what amount they would throw into the budget, because they would never pay it anyway. They might as well say that the bounty budget is 100 million. It does not matter. Thats why the impression that all projects offering a very large budget for a bounty campaign are potentially scam and campaigns with little budget are more reliable.

fuer44

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it make sense Doranile, because the allocation also determines the team's expectations to meet it all. when the funds that will later be allocated to the bounty do not reach the target of the desired funds, chances are the bounty will not be paid. and one of the causes of this is if there is too much allocation of funds to the bounty, while the team is unable to meet the target funds that were originally planned. it will be healthier when the allocation of funds to the bounty makes more sense to be achieved, so that the team is not overburdened and their expectations can be achieved.

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