Topic: Unrealistic bounty allocations (Read 1538 times)
The problem here is pointing to the value of tokens earned from bounties after they get listed on exchanges, well its not entirely the fault of project teams, i mean they still have to calculate bounty allocation at the ICO price of their tokens, I do not see anything wrong in this, market is the last thing to decide if the token will increase or decrease in value
I think the style of bounty hunting tends to change depending upon the condition of the market and also what bounty campaigns are the most lucrative. Lucrative doesn't necessarily have to mean the highest paying but the campaign that is honest, transparent and has the most benefit in comparison to others. Either way you have to do your research and practice your Due Diligence in order to find the most successful projects. Success is entertained by your own standard measurements and may vary from person to person.
I'm wondering if there will be a new format in bounty hunting that will launch this year, before portals were created by bounty managers but not gain popularity as it become spam by many alt account as its out of Bitcointalk control. If there will be alike systematic method that will not require reporting but at the same time will detect legitimacy of the user profile and account it will help a lot, though there is a need that projects should be legit first.
Many bounty hunters are now smarter, they know the difference between a bounty project that's already trading on exchange and a new project that's giving reward based on their token ICO price, it's very deceiving
Is there any bounty which pay you with token listed on exchange? If there is any, there would be only few of them. Most of all bounties will pay you with their new token which isn't listed on exchangethis is the campaign I am referring (have to search it pretty quick).https://bitcointalksearch.org/topic/ended-credits-bounty-campaign-50000-cs-already-listed-on-exchanges-5208501
I used to part of their bounty campaign in their ICO and I got a good rewards they have a good price in the market, the first time it hit, I remember it was Kucoin, I missed their new campaign now, because am already wearing Yobit signature, but they do pay mush lower than when they are on their ICO stage, bounty hunters now should look for coins that are already in the market, to make sure their efforts are rewarded.
Many bounty hunters are now smarter, they know the difference between a bounty project that's already trading on exchange and a new project that's giving reward based on their token ICO price, it's very deceiving
Is there any bounty which pay you with token listed on exchange? If there is any, there would be only few of them. Most of all bounties will pay you with their new token which isn't listed on exchangethis is the campaign I am referring (have to search it pretty quick).https://bitcointalksearch.org/topic/ended-credits-bounty-campaign-50000-cs-already-listed-on-exchanges-5208501
Many bounty hunters are now smarter, they know the difference between a bounty project that's already trading on exchange and a new project that's giving reward based on their token ICO price, it's very deceiving
Is there any bounty which pay you with token listed on exchange? If there is any, there would be only few of them. Most of all bounties will pay you with their new token which isn't listed on exchange
Many bounty hunters are now smarter, they know the difference between a bounty project that's already trading on exchange and a new project that's giving reward based on their token ICO price, it's very deceiving
well, when the token has been traded then of course it will be the best choice but the fact is, most bounty projects will raise funds before they enter the exchange and what happens when the tokens are already on the exchange, the price of the token is very falling and it's not worth it
I think the style of bounty hunting tends to change depending upon the condition of the market and also what bounty campaigns are the most lucrative. Lucrative doesn't necessarily have to mean the highest paying but the campaign that is honest, transparent and has the most benefit in comparison to others. Either way you have to do your research and practice your Due Diligence in order to find the most successful projects. Success is entertained by your own standard measurements and may vary from person to person.
The tokens which is allocated in the million numbers will not be considered as million-dollar token because many people believe the the such projects and finally they where not get any funds on investing to them.
Sometime I feel personally if the people of the team gives that much fund for the bounty hunters self means we may conclude that they are small project and they cannot make big revenue with the project because they are selling a huge funds on bounty itself means what the investors will get.
Sometime I feel personally if the people of the team gives that much fund for the bounty hunters self means we may conclude that they are small project and they cannot make big revenue with the project because they are selling a huge funds on bounty itself means what the investors will get.
in my opinion it's reasonable if they give an allocation to bounty hunters with a large reward because the allocation is based on the price of the Token on sales or ICO.. but here we should not be affected by the amount of dollars specified because for now many projects are not in accordance with ICO prices after they are listed on the market ... so that at first we can get $ 1000 then after listing on the market we can only get $ 100 ... that's caused by the price of the token down,
As the guy receiving the reward, how can you not see the dollar value when the guy offering the reward IS giving it a dollar value?
And if the project offering the dollar value is lying, then should you not go somewhere else? If someone tells me they are paying me $50 then I expect to get $50 worth, when he pays.
You cannot tell me you will pay me $1000 and send me 1 ETH today because you said oh, it was worth even more last year.
Realistic bounty rewards are always at the highest of 500k, those showing millions can't be trusted, they will surely dump in price when they hit exchanges and mostly the devs have nothing good to offer i think they just want to seize the opportunity to raise good money in ICO or IEO and run
Some old coins like DeVCoin will just change the bounty to reward the admins with your work
Beware old coins that change admins
unicode.03C0, can you share with me why do you think like that about Devcoin?
- develCuy
What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...
Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
in my opinion it's reasonable if they give an allocation to bounty hunters with a large reward because the allocation is based on the price of the Token on sales or ICO.. but here we should not be affected by the amount of dollars specified because for now many projects are not in accordance with ICO prices after they are listed on the market ... so that at first we can get $ 1000 then after listing on the market we can only get $ 100 ... that's caused by the price of the token down,
Im not joining in bounties were the bounty allocation is so high than what i expected. There are projects that has 5million dollars bounty pool which is totally insane. For me i join in projects that has already a working product.
For those that are still skeptical about the truth of that statement, consider it from this aspect... A project would be aiming to raise $3m from their IEO and they are hosting a bounty campaign where they are willing to give out $1m worth of their tokens which is 33.3% is their fundraising goal, they do this while being aware that majority of hunters would dump the tokens when they receive it in their wallets, so my question is.. is the owners of the projects cares about it's future success, do you think they would do anything at all to jeopardize the price of their tokens?
The day you saw this you will actually notice that the owner/developer of that token has no care about investors. They just want investment and what they Raised will not use for future development. its too obvious greedy developer making a project just to make money. this kind of project should not be supporterd by any even bounty hunters should stay way with that.
snip..
In late 2017, those rewards maybe real because there are many projects that gives thousands dollar to each participant.but in current market condition that's almost impossible, maybe that value just their team estimation but when it enter the market , the value could be drop for more than 90%
The fact is join on bounty campaign for worthless token is totally unrealistic. Do you think that hunters are really care about bounty allocation? I don't think so really. Hunters just need new campaign and they will jump into that. Even they they care if they received token or not. I have past experiences in some case. Hunters always looking for new campaigns, and most likely they check their wallet regularly. If there is worth token then they will sold it and feel happy. That's all for them. One of important thing is bounty allocation for a project. Real projects likely will not pay huge amount and it probably would not unrealistic. There is a sign of amount their activity on bounty allocations but we can't determine really who is scammer just based on bounty allocations.
What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...
Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
We all know that even before many bounty campaign give unrealistic reward that just to tease the hunter but in the end they will not give you a huge reward and give us a penny instead. Even me I prefer a listed bounty campaign but not all listed bounty campaign project is worth it sometimes they gone too and in the end all that listed campaigns in exchange will no value. So it's important too find or research a project that have potential and will be grow the value. Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
Doing some serious research about a good project is very important, but I wasn't amaze on those upcoming latest projects because it was so hard to determine which of them is the most potent. Unlike before the green days of crypto, most people used to have direct involvement to different bounty projects with a very promising bounty promotion which gathered 80% of their actual crowd funding. Unfortunately after 2017, the following new ICO's wasn't able to sustain on that stage and sadly all projects joined by many hunters, tend to fail on their allocations and yet scammed all bounty participants. The scenario has no realistic funds raised, due to investors were losing trust on ICO project, and that time crypto market starts to decline.
What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...
Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
We all know that even before many bounty campaign give unrealistic reward that just to tease the hunter but in the end they will not give you a huge reward and give us a penny instead. Even me I prefer a listed bounty campaign but not all listed bounty campaign project is worth it sometimes they gone too and in the end all that listed campaigns in exchange will no value. So it's important too find or research a project that have potential and will be grow the value. Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
For those that are still skeptical about the truth of that statement, consider it from this aspect... A project would be aiming to raise $3m from their IEO and they are hosting a bounty campaign where they are willing to give out $1m worth of their tokens which is 33.3% is their fundraising goal, they do this while being aware that majority of hunters would dump the tokens when they receive it in their wallets, so my question is.. is the owners of the projects cares about it's future success, do you think they would do anything at all to jeopardize the price of their tokens?
Allocation of funds is not measured now by the participants since many campaigns no don't pay so what we need now is the legit ounty that really pays, that's why we will be needing to find projects that already have a working product so they have something to prove already to their investors and can provide more updates as it continues to gain investors.
but how can one project be created without a working product ? is that possible ? whats the use of people investing on thier coin then ? and also , allocation of funds is important because no matter how legit and paying the bounty that you join but what if they only allocate small rewards (ex . 1 usd per head ) will you be happy with that ? and the question is that you can be able to trade that ? no right ?
The answer why they are investing is because of the business plan they write in the white paper. which is we all don't know if they are able to make or if they will continue doing it after they raised fund.
Sometime you can see the differences in white paper and allocation in website. Those times you need to examine it very closely and avoid such bounty programs from your great investment.
Then projects coming with the newbie managers and shit white papers shows the good and bad projects to you!
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