Last week I started a new way of doing bounties. Quality over quantity. I decided I was going to research the projects before I got involved very thoroughly. I wanted to check the project team. See if the idea was good and original. I wanted to check everythign out before I spent any more time doing these damn bounties for shit projects and scams.
I monitor every project that hits this board (which is a ton). Guess how many bounties I have entered thus far? ZERO. They are all absolute shit.
I ask you guys to research before you enter your next bounty and ask yourself this question. Is this project really worth it or am I wasting my time?
I also agree with this approach, that we will carefully study a project before deciding to participate in it.
But there are really good projects, but the way to promote and attract investors is weak leading to project failure.
So a project we initially evaluated was good, but the end result was not as expected and vice versa.
In my opinion a good project or not will be based on four main factors:
1. The foundation of the project and the people leading the project.
2. Promote and attract investors
3. Market factors at the time of the project happenning
4. The luck