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Topic: The New Norms of Bounty Payment Distribution? What are your Thoughts! (Read 344 times)

full member
Activity: 579
Merit: 102
Yes, I understand you, but you also understand the project is not profitable to distribute remuneration for the bounty company right away, otherwise the token rate will go down and is unlikely to come out of it, therefore, the distribution of tokens is postponed for a certain period so that the token becomes up
member
Activity: 462
Merit: 10
The main reason is the market situation in my view , if the market is bullish and people are buying cryptos then they give bounty tokens sooner because they know market stomach is big enough to digestion that , but if the market is weak like it is now , they don't release them because they know weak hands would dump their coins.
you're right, many developers delay delays because they don't want the projects they build to be destroyed and worthless, delaying is one of the things that is quite right for the current market conditions.
hero member
Activity: 1036
Merit: 520
The main reason is the market situation in my view , if the market is bullish and people are buying cryptos then they give bounty tokens sooner because they know market stomach is big enough to digestion that , but if the market is weak like it is now , they don't release them because they know weak hands would dump their coins.
sr. member
Activity: 630
Merit: 267
I think projects can't even collect even a softcap investment, people have to leave their work without compensation. In addition, the KYC charter and legal problems arise
member
Activity: 372
Merit: 10
Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
Because of dropping of price in the market and every project wants to maintaine a good value if their coins when its listed that's why they paid some bounty hunter after 2 to 3 months. We know that some of bounty hunter is selling immediately their token to have a money. But if we know the importants of every project we know how to hodl our tokens and wait a great price.
legendary
Activity: 1988
Merit: 1767
Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?

Currently it is probably due to the bad crypto market that many projects delay the release of their tokens. Luckily there are bounties that still pay fast, but it's really hard to find them and there aren't many. The rule seems to be that you have to wait several months before you get paid. You have to be prepared for that in any case, otherwise you will be disappointed.  Wink
hero member
Activity: 1022
Merit: 503
Well, different managers and projects result to different dates of reward payments. Also, the projects are scared of bounty hunters dumping their coins and losing the project's initial price value.

Why bounty hunters are the one who are always to blame? When the fact that it's just 1%-2% of the total supply of the token and it won't entirely affect the price. While the truth is some investors are the dumpers since they lose trust on the project nor they just want to cut lose.

The bounty era is already gone and what we have now are just the shit of the previous one.
hero member
Activity: 2996
Merit: 600
I think these bounties are just doing the same thing on what they see from other bounties that conducted their campaigns before.

And that's how they are seeing things as normal which is too long and basically not appropriate anymore. Just go with those bounties that doesn't have terms like that, be sure that you read their rules and when's the exact distribution. Let the manager clear all things as he's the one that's accountable for that promise but if the devs are the cause of those delays, he can't do anything with it.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
Just live with it or go and get some real job.

Because we can't do anything when it comes to make rules in the bounty campaigns it depends on the team and campaign managers if we don't agree them then we should avoid participating on it.
member
Activity: 476
Merit: 41
Obviously, the market conditions are the major factor in this.
As ICOs end and struggle to scrap things together, it takes more time if they didn't make as much as they'd hoped.

that is the reasonable explanation.
But the more realistic explanation is that ICOs just straight up suck and are terrible.
So of course, the bounty program would be also.
Even with the greatest bounty manager in the world, nothing can be done if the company doesn't release funds.
Sometimes they literally hodl on to it longer, whereas sometimes, it is a problem with the smart contract.

If you ever want to come ahead with bounty hunting, you need to vet each one as carefully as your would if you put your own money in it.
It takes more time, but in the end, it is better to be paid something worth something instead of having a bag full of shitcoins or not getting paid at all.
member
Activity: 1204
Merit: 13
I think this is due to the market situation. ICO projects can extend the bounty of the campaign and the token sale. I think now the crisis ICO projects, maybe everything will change with the new bullrun.
member
Activity: 560
Merit: 16
Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
Please note that now bounty campaigns often end earlier than the ICO, because in such a bear market projects have to extend the ICO terms many times in order to raise the money necessary for the project. Therefore, the bounty hunters are forced to wait till ICO ends to get their reward, I think this is the main reason for delays in payments.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
Most projects still apply the common ways in distribution, they pay around 30 days after bounty ended. I never experienced a bounty that delayed for 6 months, it is too long for me. I may have forgotten if the payment distributed after 6 months.  Cheesy
full member
Activity: 518
Merit: 100
I would just have to be used to it (longer waiting time for bounty payment) because of the market uncertainty and the quite low and slow growth of cryptomarket capitalization  compared to last year, definitely the new norms of bounty payment  would be a regular scenario in bounty campaigns. Especially if the ICO does not reached its hardcap.
full member
Activity: 680
Merit: 173
Giggity
Maybe they are regulating the price of their ICO because they know if they unlock it or give it too soon the price will dump, usually, the bounty will end when their sale ends or their ICO is expired and after that, you will wait for some like one or two months for you to have the reward tokens well its pretty good though that they are doing that because otherwise their token will be shit and will be -100% down their ICO price.
jr. member
Activity: 504
Merit: 3
Yes, I have seen this new form of distributing bounty tokens as well. As far as I am concerned, I am ok with it as long as the price doesn't dump heavily before hunters get their tokens. That can happen if projects turns out to be scam and team quickly dumps their tokens or if presale investors get their tokens unlocked before hunters and dump them.
jr. member
Activity: 293
Merit: 4
Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?

The number of bounty hunters in 2018 has more than tripled as compared to the number in 2017. Now it takes time to to compile, filter and calculate the stakes for work done for the duration of the bounty program. This is the reason some serious ICOs employ the services of competent bounty management company to make the work easier for them.
newbie
Activity: 41
Merit: 0
I think the current situation of the market can be identified as a possible reason and the fear of bounty and Airdroppers dumping the project to nothing
legendary
Activity: 1302
Merit: 1018
Cashback 15%
Lately I've been wondering why Bounty Payments are delayed by almost 6 months and i think this is the new norms of today's "Bounty Payment" time frame Unlike previous year's that after the ICO has finish it takes almost a Maximum of 2-3 weeks and then Bounty Hunters was paid already but today its getting more complicated! Drop your opinion pleased?
Most projects is already aware on such possible dump of bounty tokens once it was being distributed to the participants.This is why they do adjust it but without even knowing that investors are the main dumpers but as a bounty hunter you cant do anything but to wait up on when they would give out those tokens and I agree that its entirely different wayback before in previous years when it comes to distribution.
newbie
Activity: 98
Merit: 0
I believe that this is due to the fall of the market and projects are reinsured without paying immediately remuneration.
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