Unrealistic bounty allocations - page 2.

Kupid002

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Quote from: shoreno on November 03, 2019, 09:55:23 AM

Quote from: Wapfika on November 03, 2019, 09:41:05 AM

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 ?

Of course not that 1$ can only be use as transaction fee so it's better to not move it than selling .
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.

Mahanton

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Quote from: Wapfika on November 03, 2019, 09:41:05 AM

Quote from: cvasy on October 31, 2019, 01:53:50 PM

I personally prefer to follow a bounty project that does have a concept or product that is clearly produced by the that project platform, Because, in my opinion the like that bounty project has more potential for success so that we can get the appropriate income after the bounty is finished, rather than following a bounty project which offers a large allocation of funds and makes no sense at all, I think the allocation of funds are not the main thing that attracts bounty participants to join the project.

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.

Its rare to see actually a project that do launch that already had a working produce yet majority or most of them are still on the developing side which
means they are still completely on scratch and this is the hardest part where you wouldnt know if the team will proceed or follow up their roadmap once they
do get that sufficient funding. Finding the legit project sounds too easy but actually hard to be done by anyone and knowing that even scam projects do really hard to
recognized since they do actually look legit ones so its better to be careful on choosing.

MURONDI

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many forum members now don't trust ICO anymore, maybe because many people get scam projects or fail, so the ICO project is no longer in demand, people prefer real coins that are already listed on the exchange.

shoreno

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Quote from: Wapfika on November 03, 2019, 09:41:05 AM

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 ?

Wapfika

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Bitcoin makes the world go 🔃

Quote from: cvasy on October 31, 2019, 01:53:50 PM

I personally prefer to follow a bounty project that does have a concept or product that is clearly produced by the that project platform, Because, in my opinion the like that bounty project has more potential for success so that we can get the appropriate income after the bounty is finished, rather than following a bounty project which offers a large allocation of funds and makes no sense at all, I think the allocation of funds are not the main thing that attracts bounty participants to join the project.

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.

TheGreatPython

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Quote from: dimonstration on October 27, 2019, 09:56:25 PM

Quote from: patz22 on October 27, 2019, 09:44:41 PM

I agree with the unrealistic bounty allocations cause mostly these are just scam since they wanted to get more participants to promote and other than that they are adding exchanges like big ones and claiming that they will be listed. Check this out and you will know what I mean talking about. https://bitcointalksearch.org/topic/bountyieo2local-stands-for-global-sustainability-and-prosperity-5182812

Isn't it the exchanges are the one who will announce it?

They should not announced that they will be in upcoming exchanges, they can say they are applying in those exchanges. Before in ICO, exchange listing are exclusive in the team unless guaranteed that they are already allowed by the exchange to say that they are already applicable to be listed. We'll, maybe due to IEO they seems to market it as a way to announce where they can be listed soon. Since investors and bounty hunters are preferred to be in listed exchanges now than having huge amount in bounty allocation yet no exchange to use it.

The promised that these people make to be listed on a very big exchange is one of the thing that has blindfolded lot of hunters and make them look for allocations of project that will make them to make more money because they believe that once the project sis being released, they will really make so much money, which is not always like that.

They only use this to deceive majority of us into buying their token which I think is a very wrong criteria to use in judging a project right now, we should not look at allocations of these project alone, but we should look at the content of the project and how Quality the project it that even if they have a very low allocation, we will be sure of them paying us after the end of the project.

cvasy

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KUWA.ai

I personally prefer to follow a bounty project that does have a concept or product that is clearly produced by the that project platform, Because, in my opinion the like that bounty project has more potential for success so that we can get the appropriate income after the bounty is finished, rather than following a bounty project which offers a large allocation of funds and makes no sense at all, I think the allocation of funds are not the main thing that attracts bounty participants to join the project.

Fahmis2688

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Quote from: Stanlo on October 26, 2019, 12:15:57 AM

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...

https://i.imgur.com/SJToz0S.jpg

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?

patz22

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Quote from: Taskford on October 28, 2019, 11:04:42 PM

Totally a big flag for those ICO companies to put the name of exchange especially on Binance and Okex for there listing claims since we all know that it's not easy to list there. Maybe they are applying but for sure they will get denied for some reason and people should be more aware of this since this is mostly used by ICO scammers to scam people.

Yeah even though they have applied for they should not even put any logo on it to bring hype to investors including bounty hunters! I was a victim of this. If you knew hashcard wherein they addes the namr of I believe Binance as well as galaxy e-solutions -GES wherein same thing and even flagged by CZ because of that selfie with GES CEO.

congakia113

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This is often the case with bonus projects. Their prize value is very high, this is a funny story. They make a cake, they sell $ 10 and no one buys it, they give it to the bounty hunters and say the value of that cake is very high, lol. I say pie, it can eat; For some bonus programs, I didn't get anything.

milewilda

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Quote from: Stanlo on October 26, 2019, 12:15:57 AM

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?

I wouldnt gonna buy those kind of projects that do give out millions of dollars since i was scammed wayback before and to know that one do only offer $1M
in token value.Yes, it do sounds a lot and very attractive but most cases you wouldnt even receive a dime with all of your hardworks.You can receive shit tokens
but those are ones that havent any value yet.They can claim as they like no matter how many you are gaining as long it dont hit up any exchangers you cant still
assure that you would get something and on the side not where even it hits exchangers but the value is way more lower into its ICO price then you would receive some nuts.

Avirunes

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Quote from: Stanlo on October 26, 2019, 12:15:57 AM

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?

Earlier projects used to pay whatever they allocate and there were quite a lot of successful projects. I myself managed one that paid a lot as expected and hunters were quite happy and I guess that was in like 2017ish I guess but sure time has changed but still I guess there should be some projects still who are good and have potential. It still has scope ..just wait for the right one.

Do already listed and trading projects hold bounties nowadays? I haven't seen much TBH.

iamsange

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Quote from: arwin100 on October 29, 2019, 02:19:12 AM

Quote from: janggernaut on October 29, 2019, 12:55:58 AM

Quote from: Kersh768 on October 28, 2019, 08:47:17 AM

I prefer projects with already have plans or partnerships with good exchanges because I believe it would be an advantage for a longterm run for the coin itself. Bounty allocations are just additional factors to consider in my opinion. I do think that no matter how huge the allocation is, but if the coin would be listed on bad exchanges, nothing good will happen for the rewards a bounty hunter would recieve.

The fact is not all new ICO/IEO token would be partnered with exchange site. They can surely make they will listed soon on an exchange, but no one can be sure if they will get listed on there. How could you join on a bounty which you already knew where their exchange will be? Their ICO or IEO didn't even finished yet.

Eventually there ICO's that list a exchange that they are targeted to be listed with but we cannot trust this since they are writing this up just for the fact that many people love those top exchange and gather some supporters for this fake listing claims. However we must be careful especially with ICO's right now since one thing is for sure 99% of them cannot pay the listing fee and cannot pass on the requirements needed sinc they are questionable.

Make a choice from that reason usually very hard to do. From a lot of project, usually maybe less than 5 which already in market when bounty started. Because usually they held bounty after ICO done, i think for now will be harder to join that kind of bounty, especially when there are a lot of people who want to join too. Because they already know where they want to sell their coins.

arwin100

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Jack of all trades 💯

Quote from: janggernaut on October 29, 2019, 12:55:58 AM

Quote from: Kersh768 on October 28, 2019, 08:47:17 AM

I prefer projects with already have plans or partnerships with good exchanges because I believe it would be an advantage for a longterm run for the coin itself. Bounty allocations are just additional factors to consider in my opinion. I do think that no matter how huge the allocation is, but if the coin would be listed on bad exchanges, nothing good will happen for the rewards a bounty hunter would recieve.

The fact is not all new ICO/IEO token would be partnered with exchange site. They can surely make they will listed soon on an exchange, but no one can be sure if they will get listed on there. How could you join on a bounty which you already knew where their exchange will be? Their ICO or IEO didn't even finished yet.

Eventually there ICO's that list a exchange that they are targeted to be listed with but we cannot trust this since they are writing this up just for the fact that many people love those top exchange and gather some supporters for this fake listing claims. However we must be careful especially with ICO's right now since one thing is for sure 99% of them cannot pay the listing fee and cannot pass on the requirements needed sinc they are questionable.

janggernaut

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Quote from: Kersh768 on October 28, 2019, 08:47:17 AM

I prefer projects with already have plans or partnerships with good exchanges because I believe it would be an advantage for a longterm run for the coin itself. Bounty allocations are just additional factors to consider in my opinion. I do think that no matter how huge the allocation is, but if the coin would be listed on bad exchanges, nothing good will happen for the rewards a bounty hunter would recieve.

The fact is not all new ICO/IEO token would be partnered with exchange site. They can surely make they will listed soon on an exchange, but no one can be sure if they will get listed on there. How could you join on a bounty which you already knew where their exchange will be? Their ICO or IEO didn't even finished yet.

Taskford

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Quote from: patz22 on October 28, 2019, 07:22:45 PM

Quote from: dimonstration on October 27, 2019, 09:56:25 PM

They should not announced that they will be in upcoming exchanges, they can say they are applying in those exchanges. Before in ICO, exchange listing are exclusive in the team unless guaranteed that they are already allowed by the exchange to say that they are already applicable to be listed. We'll, maybe due to IEO they seems to market it as a way to announce where they can be listed soon. Since investors and bounty hunters are preferred to be in listed exchanges now than having huge amount in bounty allocation yet no exchange to use it.

Adding the name of exchanges that MIGHT be listed is really a red flag especially as we all know that exchange will be the one who will announce it. Maybe they applied for listing but it is not that sure. The project that I have mentioned is an ICO not IEO

Totally a big flag for those ICO companies to put the name of exchange especially on Binance and Okex for there listing claims since we all know that it's not easy to list there. Maybe they are applying but for sure they will get denied for some reason and people should be more aware of this since this is mostly used by ICO scammers to scam people.

patz22

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Quote from: dimonstration on October 27, 2019, 09:56:25 PM

They should not announced that they will be in upcoming exchanges, they can say they are applying in those exchanges. Before in ICO, exchange listing are exclusive in the team unless guaranteed that they are already allowed by the exchange to say that they are already applicable to be listed. We'll, maybe due to IEO they seems to market it as a way to announce where they can be listed soon. Since investors and bounty hunters are preferred to be in listed exchanges now than having huge amount in bounty allocation yet no exchange to use it.

Adding the name of exchanges that MIGHT be listed is really a red flag especially as we all know that exchange will be the one who will announce it. Maybe they applied for listing but it is not that sure. The project that I have mentioned is an ICO not IEO

TaliskerDarkStorm

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Quote from: Casdinyard on October 27, 2019, 03:38:14 AM

Quote from: TaliskerDarkStorm on October 26, 2019, 06:12:45 PM

Bitcointalk should no longer allow such unrealistic scam allocations.

In fact, Bitcointalk needs a special arrangement for bounties. Bounty prizes must be paid only with bitcoin and ethereum. If not, such crooks will continue to exploit people's time and labour.

That couldn't happen not unless those projects want a good success rate. Yes, some icos have funds but they allocate it on their development and not for bounty and allocating huge bounty is the only way they see to attract free advertisement.

Quote

Because these people give these bounties not just their time, but their dreams. And no one has the right to upset these people.

You're overstating. I know your point but that still depends on those people whether they'll be just stuck on doing bounty or move on. If you're tired of it then stop.

Bounty is a kind of advertisement. So companies need to allocate funds for this. Do you ever see Burger King doing an advertisement for free? Why people must work for free? If you want to advertise your product you need to pay for this. If you poor for doing this you better not launch a product. I think projects could allocate at least 50.000 BTC or ETH.

No one can be forced to work for free. Time is precious to everyone, not just for companies.

Kersh768

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Freshdice.com

I prefer projects with already have plans or partnerships with good exchanges because I believe it would be an advantage for a longterm run for the coin itself. Bounty allocations are just additional factors to consider in my opinion. I do think that no matter how huge the allocation is, but if the coin would be listed on bad exchanges, nothing good will happen for the rewards a bounty hunter would recieve.

k@suy

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Quote from: Onuohakk on October 28, 2019, 06:50:24 AM

The allocation is too much for only bounty hunters. It's a trick to lure them to participate much. If millions of dollars is allocated for only for bounty hunters, that's to say they don't need help from investors for their project to get launched.
Thousands of bounty hunters will apply for it without having a double thought about the allocation. The bounty allocation is really tempting you know (Lola)

Yep. Always calculate the bounty rewards as well as the total volume of their coin. So that you will be aware of what they are offering. Also some of them have a billiond circulating token, it is not good not unless they will burn some of them in the future when the campaign ends.

Topic: Unrealistic bounty allocations - page 2. (Read 1538 times)