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Topic: What do you think about Rewards Token Projects in general? - page 2. (Read 353 times)

sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
Rewards token can easily go down if the team behind it is not actively developing its potential. I also think that it is better to invest on top coins rather than this type of project. You can easily lose your investments once the team decides to abandon the project. Because most of the time, their purpose is not for long-term.
Almost on average it is because the team usually targets instant profits when they have launched their projects and products, so everyone always needs further and deeper examination before investing their money in the project.
Although there are also really serious projects developed by the team, the numbers are very few, even one in a thousand for now.
sr. member
Activity: 1701
Merit: 308
Regarding prize tokens, there are indeed very many who go to our wallet addresses that often follow bounty projects, there are some gift tokens that can indeed give us great benefits and there are also prize tokens that have no value and are not listed on any exchange of course this makes us very upset, and there are also gift tokens that we do not know the origin and enter our wallet address and this token is very dangerous and we must ignoring without having to touch let alone wanting to make an exchange.
full member
Activity: 2520
Merit: 204
Indeed, currently there are very many reward tokens that we get from the projects we participate in, but some of the reward projects are indeed worthless but I also often find gift tokens that we can sell and have value even though they cannot last long but we can still use as long as there is still value, indeed very many we find prize tokens that there is no staking or mining protocol but the value is still there even though it is not too high.
it is not some of the rewards are worthless but Majority of those as you are a typical bounty hunter and you know how difficult to find a legit projects that will  pay with  valuable coins.
but yeah  there are still some of them but very few and hard to find .
sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
Indeed, currently there are very many reward tokens that we get from the projects we participate in, but some of the reward projects are indeed worthless but I also often find gift tokens that we can sell and have value even though they cannot last long but we can still use as long as there is still value, indeed very many we find prize tokens that there is no staking or mining protocol but the value is still there even though it is not too high.
sr. member
Activity: 2016
Merit: 283
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
Do you mean this? https://rwd.global/
If this, for me is very fishy especially if it is deployed on Binance Scam Chain (BSC), lol. Even though they have still a smart contract on Ethereum network.
I saw their website and for me, it does not look professional, a lot of parts are not updated especially their roadmap.  This is a red flag for me.




no I'm not talking about this one, I'm talking about rewards projects in general
we are not a furtune teller mate, so much better to place the name here what platform or website it is so that we can give an exact feedback on what you're asking. because there's alot of platforms that offering such things and distribute a rewards token.. So elaborate more and mention the name as well.

Regards.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Rewards token are those which you only need to hold on your wallet and receive dividends just by holding.

there's tax when you buy the token and part of that tax get distributed to the holders.

examples are:

$EGC    which you receive BUSD as dividends
$SFM    which you receive SFM as dividends
$ALTS   which you receive any BSC token of your choose as dividends



Can we call it deflationary tokens, it's a token which you hold to receive some rewards by either with their native currency or with a stable coin such as; usdt, busd, dia or any other stable coins.
Such token can't be trusted reason because, there's always high market dump, and lack of development and the rest since all people focused on the rewarding and earnings at weekly or monthly. These rewards are subjected to the amount of sell and buy or any transaction executed, so if none was done either no much trades this simply your chances of earnings are very slim.
sr. member
Activity: 1876
Merit: 318
For me receiving rewards token is good but depends what asset it is, coz as far as i know most of the rewards token are stable coins and there are some that are not base on my experienced .

Not all coins are stable except for only a few because most of the tokens given through the bounty are their own tokens whose price is never stable in the market and some even don't have a market at all, so what you are saying is completely the opposite of what I said look now.
You can look for the reward token on P2E, and you can see their value continues to drop maybe because of the market condition or they are just meant to be like that. I don’t want to stake with those reward tokens and to OP, if you are looking for the good investments and planning to stake its better to choose top coins instead of the reward tokens because they are more established and profitable as well.

Indeed, the reality is that reward tokens are not a good choice for us to hold for too long, because usually the value of reward tokens will continue
to fall. Especially in bear market conditions, I suggest selling the reward tokens that we have immediately, before the price gets lower. In fact,
I have several reward tokens that only fill my wallet, without being able to sell them, because there is no demand for these tokens. I agree that
the best choice for investment and staking is top coins, which have a greater chance of generating profit. In fact, I am very satisfied as long as
I invest in top coins, because the demand for top coins is very high, this makes the price of top coins continue to rise.
full member
Activity: 1848
Merit: 158
For me receiving rewards token is good but depends what asset it is, coz as far as i know most of the rewards token are stable coins and there are some that are not base on my experienced .

Not all coins are stable except for only a few because most of the tokens given through the bounty are their own tokens whose price is never stable in the market and some even don't have a market at all, so what you are saying is completely the opposite of what I said look now.
You can look for the reward token on P2E, and you can see their value continues to drop maybe because of the market condition or they are just meant to be like that. I don’t want to stake with those reward tokens and to OP, if you are looking for the good investments and planning to stake its better to choose top coins instead of the reward tokens because they are more established and profitable as well.

Rewards token can easily go down if the team behind it is not actively developing its potential. I also think that it is better to invest on top coins rather than this type of project. You can easily lose your investments once the team decides to abandon the project. Because most of the time, their purpose is not for long-term.
full member
Activity: 2086
Merit: 193
For me receiving rewards token is good but depends what asset it is, coz as far as i know most of the rewards token are stable coins and there are some that are not base on my experienced .

Not all coins are stable except for only a few because most of the tokens given through the bounty are their own tokens whose price is never stable in the market and some even don't have a market at all, so what you are saying is completely the opposite of what I said look now.
You can look for the reward token on P2E, and you can see their value continues to drop maybe because of the market condition or they are just meant to be like that. I don’t want to stake with those reward tokens and to OP, if you are looking for the good investments and planning to stake its better to choose top coins instead of the reward tokens because they are more established and profitable as well.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
For me receiving rewards token is good but depends what asset it is, coz as far as i know most of the rewards token are stable coins and there are some that are not base on my experienced .

Not all coins are stable except for only a few because most of the tokens given through the bounty are their own tokens whose price is never stable in the market and some even don't have a market at all, so what you are saying is completely the opposite of what I said look now.
full member
Activity: 1064
Merit: 112
For me receiving rewards token is good but depends what asset it is, coz as far as i know most of the rewards token are stable coins and there are some that are not base on my experienced .

So if they promised  unknown token and clearly a shitcoins then that's a bad idea coz it's a waste of time and definitely a scam event, much better to rely which is common coz surely you will receive a good rewards after all.
sr. member
Activity: 2618
Merit: 439
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
I think it is better to directly ask about specific Reward giving company than just asking for what is to be in place.
I have joined various reward giving tokens in the past but sadly? those coins are still sits in my wallets and no value lol.
I think most of them are just scams and shitcoins. but I never lose hope as there may a chance that whales will use one of them to be profitable pumping coin  Grin
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
I am not a fan of Reward or free token , or mostly called a Gift reward because this is at some point is a waste of time and not worth to be spending .
there are many friends of mine that use to seek for this or Bounty but now? stopped as they only Gathered shitcoins and worthless tokens /
maybe if you  have plenty of time ? then why not. but if your every minute is precious then have a second thought  and use your time for worth a spending.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
Know what? if you really wanted to Earn then Invest on this and never keep your belief in freebies because this shows how greedy you are and how desperate you were .
Imagine purely seeking for Reward token but don't want to use protocols?

if you are ready to be fooled then believe in what you are looking for but I tell you , there is nothing best interest but to invest at least some amount.
I am not sure if he is talking about the token that is being rewarded in the bounties and airdrops, or rewards token that he mean is just another crypto. it is not wrong to depend only in freebies but did you know that someone got rich already by only doing that? Not all freebies are junk tokens but if you get lucky you can be a millionaire in no time.

Also not all people have the money to invest, that is why they begin their crypto journey on this but they can eventually use what they earn to buy a better coin and use that for investing or for trading. Not all those who depend on freebies are greedy and desperate. Be careful with your words.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
no I'm not talking about this one, I'm talking about rewards projects in general
Bounty projects in general are now starting to improve in terms of value as well as in terms of allocation, as many are still worthy of promotion although the price drop is still greater as they are all very new, but in general they are still worth choosing.
newbie
Activity: 36
Merit: 0
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
Do you mean this? https://rwd.global/
If this, for me is very fishy especially if it is deployed on Binance Scam Chain (BSC), lol. Even though they have still a smart contract on Ethereum network.
I saw their website and for me, it does not look professional, a lot of parts are not updated especially their roadmap.  This is a red flag for me.




no I'm not talking about this one, I'm talking about rewards projects in general
hero member
Activity: 1680
Merit: 506
Trphy.io
It also depends on what product the token generates, the development of a useful product is important for the sustainability of the project, if only relying on the trading volume generated from the hyip, the project will most likely die slowly.
I think so because now there are many projects that copy token names from existing ones and also concepts that are almost similar to existing ones so that such projects will always be difficult to develop because they only rely on hype without any clearer benefits.
full member
Activity: 2548
Merit: 217
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
Know what? if you really wanted to Earn then Invest on this and never keep your belief in freebies because this shows how greedy you are and how desperate you were .
Imagine purely seeking for Reward token but don't want to use protocols?

if you are ready to be fooled then believe in what you are looking for but I tell you , there is nothing best interest but to invest at least some amount.
newbie
Activity: 36
Merit: 0
Rewards token are those which you only need to hold on your wallet and receive dividends just by holding.

there's tax when you buy the token and part of that tax get distributed to the holders.

examples are:

$EGC    which you receive BUSD as dividends
$SFM    which you receive SFM as dividends
$ALTS   which you receive any BSC token of your choose as dividends



Tax was a crazy idea basically only a transaction and you will be getting a huge charge to pay big tax. This idea totally a non sense idea. The project developers are not a regulators that were doing taxation. It's better for you to avoid this kind of token. This token was actually BS. They are only thinking if they can distribute dividend through the tax but basically that's investor's money that got trapped into that cycle.
The developers are so lazy as fuck just to think the easiest way for them to make the project looks so attractive by doing nothing.
Tax in transaction was not a real income from their product and that's BS

which project are referring at?
legendary
Activity: 2506
Merit: 1394
What do you think guys about Rewards token?

which doesn't have any staking or mining protocols
Do you mean this? https://rwd.global/
If this, for me is very fishy especially if it is deployed on Binance Scam Chain (BSC), lol. Even though they have still a smart contract on Ethereum network.
I saw their website and for me, it does not look professional, a lot of parts are not updated especially their roadmap.  This is a red flag for me.


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