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Topic: Should Bounty Participants Be Capped ? (Read 791 times)

hero member
Activity: 966
Merit: 535
July 05, 2019, 08:20:29 PM
#54
It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.

IEO means no bounty, maybe in big exchange like Binance they don't need, but with small exchange, they need bounty for their exposure.
The thing is there's less project compared to last 2017's ICO, so that only create little opportunity for bounty hunting.
As far as I can remember, harmony was taken place in Binance but they still had a bounty in bitcointalk, isn't it? Bounty will stayed forever, may be the form will change. Cause successful fund raising campaign needs more promotion.

You are right.
Most of the money companies use goes to promoting. You will notice companies that are well known have good promotions. Sometimes a new brand comes in and owns the scene with ads all over the place and this often works, its like a takeover. Some companies are born that way. All the big brands display their banners in the most popular places to the point where even your gran knows what the brand is even if it's targeted at young people. That is what good advertising does.
sr. member
Activity: 1372
Merit: 322
June 30, 2019, 09:42:48 AM
#53
It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.

IEO means no bounty, maybe in big exchange like Binance they don't need, but with small exchange, they need bounty for their exposure.
The thing is there's less project compared to last 2017's ICO, so that only create little opportunity for bounty hunting.
As far as I can remember, harmony was taken place in Binance but they still had a bounty in bitcointalk, isn't it? Bounty will stayed forever, may be the form will change. Cause successful fund raising campaign needs more promotion.
hero member
Activity: 3010
Merit: 666
June 30, 2019, 12:16:01 AM
#52
It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.

IEO means no bounty, maybe in big exchange like Binance they don't need, but with small exchange, they need bounty for their exposure.
The thing is there's less project compared to last 2017's ICO, so that only create little opportunity for bounty hunting.
member
Activity: 644
Merit: 10
June 29, 2019, 11:12:52 PM
#51
It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.
sr. member
Activity: 1372
Merit: 322
June 29, 2019, 10:45:29 PM
#50
It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.
sr. member
Activity: 1150
Merit: 260
☆Gaget-Pack☆
June 29, 2019, 05:25:40 PM
#49
Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


You can work on earning more merit. More merit means better opportunities here on this forum, or try your hand at trading, takes balls of steel though to sit and learn the whole thing from scratch.
 I may be stuck at senior level, though I've been here for many years, I've learned that the merit system made it so you really have to grind to get good within the community and to reap the rewards on the solid campaigns. Many companies offer shitty bounty rewards on purpose for lower ranked members because of it's cheap labor, almost free in most case (ICO fails).
  The second reason why hunters are getting bum deals is because of having little to no understanding of what it is exactly they're investing their time and energy into. They're fooled by the thread titles of the campaigns,
Example: "(BOUNTY) $$$$$$$$$$$$$$$$$$ BIG PAYOUT$$$$$$$$$$$$$$$$$, JOIN SHITCOINS-R-US/ NO KYC, $100,000.00 CRAP DROP(AIRDROP) Tongue!"



 Most of the projects hunters join are clones or are a bad investment from the beginning. Due Diligence would help hunters sort lot of shit coins out from the real promising ones.
   The projects team, their direct communication with their community, a solid white paper, an innovate spin on a blockchain concept (not a clone project), a believable roadmap and a working product are just a few of the necessities to look for when bounty hunting for a plausible campaign.
legendary
Activity: 2450
Merit: 1047
June 29, 2019, 05:43:25 AM
#48
Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


They should cap participants, some bounty hunters are doing this capping and it's very rewarding for participants and we can praise bounty managers for doing this, but as we all know some bounty managers and developers, wants huge promotion and they want to accept unlimited number of participants, sometimes deteriorating the rewards bounty hunters will receive.
legendary
Activity: 1890
Merit: 1148
June 29, 2019, 05:29:27 AM
#47
with the limitation of bounty participants, of course this will be very beneficial for the participants when the project ends later, because for those bounty participants who join the project will get a lot of results and of course this is based on the stake they get.
There are few campaigns which pay with the number of their weekly token. They have set exact number how much token you will earn based on your rank. So even though they have limit their participants, you can't earn more
hero member
Activity: 3080
Merit: 603
June 29, 2019, 12:42:02 AM
#46
Recently, I noticed that only in such companies it is possible to earn good money. Therefore, it seems to me that such companies should be larger. In such companies, payments are good, and they are timely.
What? there are companies that you can join and it's your task to research on how big they are. But looking for those 'large' companies, do you think how many percentage of them are operating a bounty right now? it's not about on how good and timely the payments are but it's about on how legit they are. If you have found one, you're lucky but limiting their participants is their choice and you just have to choose the best bounty that fits your wants but don't join the scam ones.
full member
Activity: 356
Merit: 101
June 28, 2019, 11:30:08 AM
#45
Recently, I noticed that only in such companies it is possible to earn good money. Therefore, it seems to me that such companies should be larger. In such companies, payments are good, and they are timely.
sr. member
Activity: 1386
Merit: 250
1XBit.com
June 26, 2019, 12:05:38 PM
#44
with the limitation of bounty participants, of course this will be very beneficial for the participants when the project ends later, because for those bounty participants who join the project will get a lot of results and of course this is based on the stake they get.
full member
Activity: 994
Merit: 103
June 26, 2019, 08:11:53 AM
#43
Yes , if participants is only limited in each bounty campaign section thus every participant will have good rewards in the end of bounty campaign.
legendary
Activity: 1638
Merit: 1042
June 26, 2019, 06:57:34 AM
#42
Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


good approach but a bounty manager will not like to limit the number of participants.
the more participants the more advertising. the BM doesn't care if there is less money left for each participant Cheesy
member
Activity: 1260
Merit: 21
June 26, 2019, 02:58:45 AM
#41
Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


Even if you as a hunter see it necessary to be capped base on overload as you rightly pointed out, the project team wouldn't want to do this because to them it is cheap labor, they can get thousands of members in their telegram group with miserable amount that can't benefit you, and the funny part is that some hunters are willing to do anything for just a $1 Grin and bm and team will take advantage of this.
hero member
Activity: 2926
Merit: 567
June 16, 2019, 06:39:31 AM
#40
Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


Some bounty managers don't care about the computation, all they want is more people campaigning to the project they are promoting, the signature is ok  even if they are not capping the participants, but when it comes to facebook twitter and telegram the number could go up to 20k participants and that is not good for bounty participants of those campaigns.
legendary
Activity: 2170
Merit: 1789
June 15, 2019, 08:37:13 PM
#39
Whatever the case is, you guys should treat or assume bounty as a contract. Either you agree with it or you don't, and if you agree to join then you should follow all the rules. It's clear that most of the time bounty programs will put their interest first and not yours, you can't beg them to change it as it's their business.

When you agree to join their program, you should be prepared for the worst, including if they scam you at the end of the campaign. If you can't risk that, then don't join any bounty campaign.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 14, 2019, 06:58:50 PM
#38
Limiting the number of participants in a particular bounty would certainly benefit the few hunters. But we should not forget that the project needs to be promoted and the hype is always generated around a project when we have a large number of people promoting it. The best way is to make rules strict such that bounty hunters  only promote a project using their greatest effort.
That's why you must do an audit. I don't even think if the platform will accept the promotion create by spammers. Remember about that not all of bounty hunters can meet the expectation and the manager should have watched his participants.
legendary
Activity: 3122
Merit: 1140
June 13, 2019, 04:21:11 PM
#37
Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?

The entire decision would depend on the project owner itself if he would decide to cut-off participants when it comes to bounty yet we know that
owners will always aim for maximum exposure which means they dont really care on how many bounty hunters would able to join up on any program task.
Therefore, this is already a common result which it do floods out where it do normally results on lesser bounty.
Correct!
Main reason is into that exposure thing that you we're saying.Company won't really decide to limit the members
because the more the better but as a bounty hunter its up to you if you'll join or not.
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
June 13, 2019, 03:47:43 PM
#36
I think that needs to be done by various existing projects. by limiting the number of participants to bounty hunters, of course, can be one of the recommendations of people before deciding to participate in promoting related projects, so that the budget allocation that can be given to participants is commensurate with the work done and does not disappoint participants because they do not receive a small budget provided by the related project
jr. member
Activity: 368
Merit: 2
June 13, 2019, 06:38:40 AM
#35
Limiting the number of participants in a particular bounty would certainly benefit the few hunters. But we should not forget that the project needs to be promoted and the hype is always generated around a project when we have a large number of people promoting it. The best way is to make rules strict such that bounty hunters  only promote a project using their greatest effort.
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