Signature campaign: The lowest and highest payment BTC and USD in 2013-2022

1miau

legendary

Activity: 2226

Merit: 6947

Currently not much available - see my websitelink

Very nice compilation of Bitcointalk Signature Campaigns.

I've linked your research in our German local board because it's very interesting.

But one question:

Since you calculated for your statistics only campaigns when they were started as explained here:

Quote from: Plaguedeath on June 20, 2022, 12:19:44 AM

Quote from: logfiles on June 19, 2022, 02:21:13 PM

So what criteria are you using to select sig campaigns every year?
Because I believe Chipmixer should be representing every year (yet it appears only once) since 2017

I only represent the campaign in a year where it was started, if I do include the campaign into the next year, it will ruin the beginning pay rate of the project want to pay their participants since I calculate with different Bitcoin price. Also it will make a confusion and not good for readers to read a complex calculation. But you're not entirely correct Chipmixer will represented in every year because when they change their pay rate from 0.0375 BTC to $300, if Bitcasino still pay their participants with 0.018 BTC/week, they're the biggest paying campaign now.

Would you be interested to update at least some recent years (starting from 2017) and provide an additional calculation where the most rewarded campaigns are always included (as long a such campaigns were running?). So, Chipmixer would be included from 2017 to 2022 while rewards were lowered from 2021 on.
But I don't know if it would be too much work fo you.

Decision is up to you.

DarkStar_

legendary

Activity: 2772

Merit: 3284

Quote from: Poker Player on June 26, 2022, 02:28:19 AM

Correct me if I am wrong, but looking back it is not surprising to decrease in rates and pay in USD. The price rose steadily in the following months, so that if the change had not occurred, the weekly payment could have almost doubled.

Yeah, it's just not sustainable or practical for companies to keep paying those rates when the value of Bitcoin goes up significantly. I don't think it was all that surprising in the first place (in fact, I was surprised it didn't happen earlier).

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: The Sceptical Chymist on June 19, 2022, 06:04:05 PM

Quote from: logfiles on June 19, 2022, 02:21:13 PM

In fact at one point when BTC when the recent bull market started, members who met the maximum post requirement were recieving close to or more than $500 a week.

I think it was more than that, but I'm 99.9% sure it was at least that, which is nutty to think about.

When DarkStar_ made this announcement:

Quote from: DarkStar_ on January 18, 2021, 02:42:02 PM

Effective this week, campaign payments have decreased to $6 USD/post. All other rules remain the same.

Bitcoin price was around $35k.

0.0375 times $34k gives $1312 per week.

Correct me if I am wrong, but looking back it is not surprising to decrease in rates and pay in USD. The price rose steadily in the following months, so that if the change had not occurred, the weekly payment could have almost doubled.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: SquirrelJulietGarden on June 25, 2022, 09:24:05 AM

I think if we consider payment in BTC, pay rates were higher in the past but if we consider it in USD, pay rates nowadays are higher. It is how Bitcoin and cryptocurrency are adopted more. More companies are successfully created, run and get good income from blockchain and cryptocurrency. They join here and one of their advertisements is signature campaign.

It is due to competition that the payment rates in USD increased in my opinion. Those new ones advertising had to keep up with others to get the good posters otherwise they would have been left with spammers and had their campaign shut down like what happened to yobit.

Bitcoin_Arena

copper member

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฿itcoin for all, All for ฿itcoin.

Quote from: SquirrelJulietGarden on June 25, 2022, 09:59:17 AM

The first one is in 2011 but I don't know we can considered it as a signature campaign from a company or only a signature campaign from a member.

It's still a signature campaign, isn't it?

Now I am not good with data, if there was opportunity, I could study and get some knowledge about data, statistics or data science. It seems interesting.
I could as well go ahead and check out the impact of the emergence of the OG sig campaign managers (Hhampuz and yahoo62278). Just imagine for a moment, what It would be like in the last 4-5 years without those two guys.

SquirrelJulietGarden

hero member

Activity: 1442

Merit: 775

Quote from: The Sceptical Chymist on June 19, 2022, 06:04:05 PM

Someone correct me if I'm wrong, but I think the absolute first sig campaign was earlier than 2013. I remember browsing very old posts, and I stumbled across the thread where the idea to rent out signature space for advertising was floated, and I could swear it was 2011 or thereabouts. Either way, nine years' worth of data are more than enough to satisfy my curiosity.

The first one is in 2011 but I don't know we can considered it as a signature campaign from a company or only a signature campaign from a member.

[CLOSED] up to 50 people, get paid 0.10 BTC to change your signature
The first idea is 3 months before this one.

The oldest signature campaign from a company is in 2013, PrimeDice
PrimeDice campaign in 2013

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: Bitcoin_Arena on June 24, 2022, 06:59:54 PM

At times, I am tempted to PM him asking how he does all that work week in week out without a break.

Just do it. It's not like you'll hurt his feelings by asking. You'll either get an answer or you won't.
This is an example that you can succeed in any field as long as you dedicate enough time and effort. 10 years ago, if you told your parents that you're going to sit at home counting posts on a forum about bitcoin they'd laugh at you and tell you to get a real job.

What always struck me in signature campaigns is how they balance the payments to attract people from first and third world. For someone from Pakistan or Ghana, a $20 a week would look good but you wouldn't get a US or EU citizen to do the job so campaigns have to adjust the payments to make it work. It looks like $50-60 a week is where the demand is at the moment.

SquirrelJulietGarden

hero member

Activity: 1442

Merit: 775

History - signature campaigns and bounties on Bitcointalk
EVOLUTION OF SIGNATURE AD CAMPAIGNS (BEGINNING DAYS TO THE PRESENT)

Two topics from the past, 2018 and 2020 and now 2022 we have your topic. I don't know you searched and referenced these topics for your topic, but if you did get information from them, you should add them to your topic.

I think if we consider payment in BTC, pay rates were higher in the past but if we consider it in USD, pay rates nowadays are higher. It is how Bitcoin and cryptocurrency are adopted more. More companies are successfully created, run and get good income from blockchain and cryptocurrency. They join here and one of their advertisements is signature campaign.

I hope your topic won't attract spammers to join the forum and consider it as their ATM.

pooya87

legendary

Activity: 3472

Merit: 10611

Very interesting ups and downs in terms of payment in USD specially the drop that happened after 2018. The market seems to still lack standards with payments being all over the place and still being low considering how much ads normally cost specially when they get so many impressions.

Bitcoin_Arena

copper member

Activity: 2128

Merit: 1814

฿itcoin for all, All for ฿itcoin.

There was a point in the bear market, probably 2018 to early 2020 where there were barely any new good signature campaigns and most short term campaigns that were there would pay as high as ~$40 for Legendary member rank per week AFAIK.It was a very terrible period and I don't wish it to return.

I have got to admit. Hhampuz has been very good at bringing in very good signature campaigns around the forum with very competitive payment rates. At most times, he has been handling over 10 signature campaigns, mostly casinos, but his work is so impressive!!! Some casinos are now well known brands in the crypto industry.
At times, I am tempted to PM him asking how he does all that work week in week out without a break.

Welsh

staff

Activity: 3304

Merit: 4115

Quote from: Fivestar4everMVP on June 24, 2022, 06:02:39 AM

also to see that there are campaigns from way back 2017 that are still live on the forum today is really amazing.

Considering how famous (for a lack of a better word) they've become they're basically cementing themselves in the history of this place, which in return equals more customers. You can't get better reputation than having your signature campaign run for that long.

Quote from: LTU_btc on June 24, 2022, 11:35:24 AM

I want to add one point. In past most campaigns had their payment rates not related to USD value of BTC. Let's say campaign were paying 0.05 BTC/week and it doesn't matter whether Bitcoin costs $500 or $1500. I think that most campaigns made their rates fixed in $ value in 2017 when Bitcoin reached $20 000 for the first time. IIRC, Chipmixer switched to $ fixed payments much later. Yobit also didn't lowered their rates until relaunch of campaign in 2019. I remember they were paying 0.0003 BTC, up to 20 posts per day. So, in theory it was possible to earn 0.006 BTC per day or 0.18 BTC per month.

Right. Times are changing, and for the better. Alright, we all love receiving very high amounts when Bitcoin smashes up in price, but for the longevity of signature campaigns, fixing it to a USD value probably makes the most sense, that's until fiat collapses, but that's another topic for another day.

I personally welcome the changes for the longevity. I think a lot of users will find it hard to admit, but signature campaigns have helped this forum over the years, a sort of sub economy has thrived. Although, that doesn't come without its own problems, which have also been pretty evident through the years, and still are very much a problem today.

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: Plaguedeath on June 20, 2022, 12:19:44 AM

I only represent the campaign in a year where it was started, if I do include the campaign into the next year, it will ruin the beginning pay rate of the project want to pay their participants since I calculate with different Bitcoin price. Also it will make a confusion and not good for readers to read a complex calculation. But you're not entirely correct Chipmixer will represented in every year because when they change their pay rate from 0.0375 BTC to $300, if Bitcasino still pay their participants with 0.018 BTC/week, they're the biggest paying campaign now.

There were campaigns that at some point were paying ridiculously high rates when compared to when they started.
For instance, Yolodice. In January and February of 2021, the campaign was paying 800 USD a month if we count the average price in those months at 35k USD, but that was after they lowered the rates.
Until the end of December 2020 they were paying 0.014 BTC a week @20k USD per coin, which was 280 a week (1120 USD a month!).
According to the OP the pay rates at the time were between $100 and $360 a month.

Here's a spreadsheet if someone wants to verify.
https://docs.google.com/spreadsheets/d/1AaoYn8hm0KV7NQm_f4UNJylN4lxa65rdNpDquhxWz4w/edit#gid=1488910859

babygun

sr. member

Activity: 2212

Merit: 254

Top-tier crypto casino and sportsbook

Thanks OP for the interesting post! Always cool to see what the pay was for campaigns was almost 10 years ago. All this data is based on the pay for Legendary members?
Imagine just being active for 1 year in 2013 in the highest paying campaign and you would have earned 6 BTC; which would nowadays be worth more than 120,000$!

Quote from: LTU_btc on June 24, 2022, 11:35:24 AM

Very interesting topic to see how payments of signature campaigns had changed throughout years. I want to add one point. In past most campaigns had their payment rates not related to USD value of BTC. Let's say campaign were paying 0.05 BTC/week and it doesn't matter whether Bitcoin costs $500 or $1500. I think that most campaigns made their rates fixed in $ value in 2017 when Bitcoin reached $20 000 for the first time. IIRC, Chipmixer switched to $ fixed payments much later. Yobit also didn't lowered their rates until relaunch of campaign in 2019. I remember they were paying 0.0003 BTC, up to 20 posts per day. So, in theory it was possible to earn 0.006 BTC per day or 0.18 BTC per month. Offcourse, it's not realistic. With normal posting, let's say 5 posts per day in average, it was possible to make 0.0015 BTC per day or 0.045 BTC per month. With BTC value $20 000, it's over $900 what is enough for a living even in average European country. Considering inflation in these 4-5 years, these $900 were much more valuable than it's now and you were able to purchase more than now.
But in general, without few exceptions, it's not possible to earn for a living through sgnature campaigns, unless you live in poor country.

You are correct in that, but with some luck, the BTC price goes x10 or x20 and than it really might be possible to live for your signature earnings (depending on where you live offcourse).

LTU_btc

legendary

Activity: 3262

Merit: 1376

Slava Ukraini!

Very interesting topic to see how payments of signature campaigns had changed throughout years. I want to add one point. In past most campaigns had their payment rates not related to USD value of BTC. Let's say campaign were paying 0.05 BTC/week and it doesn't matter whether Bitcoin costs $500 or $1500. I think that most campaigns made their rates fixed in $ value in 2017 when Bitcoin reached $20 000 for the first time. IIRC, Chipmixer switched to $ fixed payments much later. Yobit also didn't lowered their rates until relaunch of campaign in 2019. I remember they were paying 0.0003 BTC, up to 20 posts per day. So, in theory it was possible to earn 0.006 BTC per day or 0.18 BTC per month. Offcourse, it's not realistic. With normal posting, let's say 5 posts per day in average, it was possible to make 0.0015 BTC per day or 0.045 BTC per month. With BTC value $20 000, it's over $900 what is enough for a living even in average European country. Considering inflation in these 4-5 years, these $900 were much more valuable than it's now and you were able to purchase more than now.
But in general, without few exceptions, it's not possible to earn for a living through sgnature campaigns, unless you live in poor country.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

This is indeed a great information the OP has brought here, i for a person thought signature campaigns only started of recent, didn't know it started way back from 2013, and also to see that there are campaigns from way back 2017 that are still live on the forum today is really amazing.

I will also suggest to OP to try to include other campaigns that launched recently, there are alot of them, like Wasabi wallet for Desktop and the rest, would be nice to have them all on the record.

Husires

legendary

Activity: 1596

Merit: 1288

I remember a while ago that @LoyceV asked a question, what can one bitcoin buy in your country, so if a chart is created for that like the cost of living in the country, the average rent price, the average building property, and the average spending, it will be a deeper look into whether signature campaigns can be relied on as a source of income? Is it a good bonus if you don't spend your coins? like .5BTC is better than average global month salary.

Darker45

legendary

Activity: 2576

Merit: 1860

Quote from: Plaguedeath on June 19, 2022, 09:22:14 AM

Quote from: hugeblack on June 19, 2022, 06:46:25 AM

You did a good job analyzing this data, although it doesn't give the overall picture but it does give a good first impression.

It's true, thanks

Quote

Now you need to compare it with the average wage in the world, especially in the countries that witness activity in the forum, and then it can be determined which country in the world you can live well with just signature campaigns.

In general, and for a single man, the average of 400 dollars that can be obtained is sufficient to live on an average in some African and Asian countries, and it is almost impossible in Europe and America.

Interesting idea, now it's done and you're correct third world countries (e.g. African, Asian, Middle East) monthly salary is pretty low and didn't even exceed $400. I'm using this site to get the data of monthly salary in every countries (not all were included however) as you can see Sri Lanka is the most lowest monthly salary, followed with Nigeria, Pakistan, Nepal etc.

You've done an amazing job! At least we have a general idea of how signature campaign salaries would fare in different countries.

However, if we really want to do this in real life, the truth is that, as in almost all countries in the world, cost of living also highly depends on particular regions or cities or provinces in the country. The disparity between cost of living within a country could be huge, such that you're like comparing countries also. In my country, for example, a $400-monthly wage is barely decent if you're in the capital city while it is more than sufficient if you're in the countryside.

hugeblack

legendary

Activity: 2702

Merit: 4002

Quote from: Plaguedeath on June 19, 2022, 09:22:14 AM

If the monthly signature income is $1,500 based on @The Pharmacist thread, you can live in many countries including developed country e.g. Czech Republic, Estonia, Poland etc. Since he talk about which countries he can live like a king with just $1,500/month, I think the monthly signature income need at least 5x bigger than the average monthly salary, so those country are Algeria (5.2x), Egypt (5.5x), Venezuela (6.5x), Nepal (6.7x), Pakistan (7.9x), Nigeria (8.1x), and Sri Lanka (9.8x) can be a good choice.

I can say that this site gives good results to some extent, since I checked several countries and I can confirm the average. unfortunately in my country this amount is not enough even for food and drink. .

The strange paradox occurs when you keep Bitcoin for several years, for example, I remember that the sums I earned from chipmixer signature campaign that I kept are worth more than the salaries that are paid here.
.15 btc per month and if btc price 40k reward is 6k which is good/avg salary in my country.

DVlog

full member

Activity: 504

Merit: 212

Quote from: Little Mouse on June 20, 2022, 10:21:44 AM

Quote from: DVlog on June 20, 2022, 10:08:57 AM

This place could be a dead cat if the new bounty campaign stop coming. Thought this is the best place but this is not the only place now where people can discuss or learn about bitcoin.

There might be a few active forum like altcointalk, bitcoin garden or cryptotalk but at the end of the day, if you need something to discuss with the veteran or if you need some important info or if you want a healthy discussion, you must be here in bitcointalk. I have browsed all the other forum back in the day but I didn’t find them with enough resource for learning about cryptocurrency. Bitcointalk is the only place with a lot of resources on cryptocurrency and I believe, regardless of the presence of signature campaign, it will still be the most resourceful place for cryptocurrency.

I didn't mention another forum either and I know this is the best place to get information about cryptocurrency but there are other places where these things can be learned too. Most of the exchanges now have educational materials. Even coinmarketcap, coingeko is also increasing their educational content from where a new user can learn about crypto. I know this place wasn't created for earning purposes but earning opportunity makes this place more attractive for many users.

Little Mouse

legendary

Activity: 2268

Merit: 2327

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Quote from: DVlog on June 20, 2022, 10:08:57 AM

This place could be a dead cat if the new bounty campaign stop coming. Thought this is the best place but this is not the only place now where people can discuss or learn about bitcoin.

There might be a few active forum like altcointalk, bitcoin garden or cryptotalk but at the end of the day, if you need something to discuss with the veteran or if you need some important info or if you want a healthy discussion, you must be here in bitcointalk. I have browsed all the other forum back in the day but I didn’t find them with enough resource for learning about cryptocurrency. Bitcointalk is the only place with a lot of resources on cryptocurrency and I believe, regardless of the presence of signature campaign, it will still be the most resourceful place for cryptocurrency.

Topic: Signature campaign: The lowest and highest payment BTC and USD in 2013-2022 (Read 600 times)