Topic: Why bounty budget is becoming too much low? (Read 393 times)
Bounties with low allocation are the best nowadays because they have more value after getting listed on exchanges, no fear of dumps so bounties having millions of dollars won't do any good for the project and most times for the bounty Hunters ourselves
Bounties with low allocations don't dump in value, that's why I like joining such bounty projects but its sure that the reward will be low, there are other few cases too that the project can 2x or 3x easily
See it is not necessarily true that the low allocation of the bounty saves the project from its hunters dumping their tokens. The hunters joined because they wanted to dump and make some quick cash. This is the side effect of giving bounties for every project and not being exclusive to few projects which showed their generosity for the community in this way of getting a bounty pool.That may be one of the reasons but truth is that bounty hunting days are over. If you want to earn some altcoins buy them - put in your cash and buy them. You can always go for bitcoin paying campaigns and that is what people should focus on more on.
The million bounty pool was good until last.
Sometimes bounties with low allocation are the best because they always pay easily without the fear of dumpers, no way the price will get dragged down with low reward
True the low pool bounties are the best right now. The ones that is promising millions of dollars can't be determined anymore if they will be the same like before but to the hunters, they can now see what bounty has a higher chance to pay.
Sometimes bounties with low allocation are the best because they always pay easily without the fear of dumpers, no way the price will get dragged down with low reward
I think the reward increase in bounty towards the last bull run by the ICO, also the dimension of crowdfunding is changing we are no more in the era of ICO with high competition for campaign/awarenes, so also is the size of fund reduced. The percentage of token offered for sale is also small. The staking idea had caused a lot of hoarding of tokens to generate scarcity, the idea is hoarding token at all medium even with bounty. Exchange dont encourage large bounty reward if they want IEO . Also investors are scared of big reward bounty projects. It is also in the early stage of cycle of cryptocurrency like in the late 2015/early 2016,so those value in bounty reward are capable of over 100-1000x and encouraging the needs to be conserve rewards towards the bull run.
I think its best that bounties with low allocation should have fixed reward not stake reward because the result will be unfair to many bounty hunters
Presently Blockburn is doing bounty with 15k allocation and over 130 bounty hunters joined its signature, the allocation for signature campaign is just 3000k so well all participants share the pool only high rank members will get over 50$ and many will get only 10$ worth of tokens, I quit when I noticed this, way too low
Bounty is not low rather still good and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.
Bounty with limited participants should be a major protocol in altcoin campaigns. This is what the btc paid signature campaign doing. Imposing a quality over such quantity. Anyway altcoin needs much visibility which eithet include spammers off the charts.
It's much lower compared with bounty on 2017 dude,where you can see they offer until $2 million as total bounty and a single person could earn more than $10000. Nowadays, i only see the altcoin bounty only offers 10k or 15k or max 50k dollar as total bounty
Thats because before no one really knows that the market will go down and also this era has change so much. Many ICOs are taking advantage of too much investors input and worse is those investors are now wise to check and invest on new projects. Campaign will be hard to be an easy way money now. If I were you, shift to a more legit one altcoin cannot give you the same payment with tokens before that can earned up to 20k usd alone.
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Yes, the situation will be changed if the market can fully recover from the current situation. But if the market still the same as this situation, then we will not see the allocated money for the bounty will be bigger than now. The bounty will be in the crypto world because that is a way to introduce a new project to the public, and with money for the participants, that will attract people to join with the project and promote the project. People now are worried about investing in the new project because they see many new projects become a scam, and that is why the allocated money that is used for the bounty is not too big to depend on a few years ago.
Why most of the current bounty program have low budget maybe because the devs do not want to risk their money because still cannot able to get potential investors and second reasons maybe usually bounty participants get the coins or tokens for free with do some tasks and they will more likely dumped their coins after got listed into the exchange and with allocated low budget for the bounty then the devs can manage the price of coins with not too dumped at the bottom
Bounty is not low rather still good and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.
It's much lower compared with bounty on 2017 dude,where you can see they offer until $2 million as total bounty and a single person could earn more than $10000. Nowadays, i only see the altcoin bounty only offers 10k or 15k or max 50k dollar as total bounty 
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Maybe, low allocation as long they really paid and the project is success will be more worth. Because bounty nowadays not really paid or maybe although they have high allocation, tokens can't sell in market or maybe not have any price yet. That is what make it worse. Low allocation or realistic one is much more worth compared to millions which had been promised.Although, payout will really just vary on the team itself
if they do tend to pay up their bounty hunters they will surely do it in the end of the day if not then they surely not consider on paying up on the first place.
ICO becomes shitty nowadays and these circumstances arent really surprising at all.
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Maybe, low allocation as long they really paid and the project is success will be more worth. Because bounty nowadays not really paid or maybe although they have high allocation, tokens can't sell in market or maybe not have any price yet. That is what make it worse.
Bounty is not low rather still good and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.
Bounties with low allocations don't dump in value, that's why I like joining such bounty projects but its sure that the reward will be low, there are other few cases too that the project can 2x or 3x easily
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
This will surely change once we are in the midst of bull run, what I can see why genuine projects are reducing their bounty allocations is because they are afraid with dumps of their tokens. Aside from that, they are force to reduce because of the market situation where there are only few investors who are active because of bear season. But it will change for sure especially in bull season as there are plenty of investors that will be active at that time.
I would prefer a small amount of bounty as long as you will be able to sell that bounty on the amount you expected it.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .
maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.
Well it depends how small it is , would you accept 10-20$ for 3 months promotions of course not. If you only join social media promotion then that payment is acceptable but if you participate in signature campaign and only recieve that small amount then i will not be happy doing that again. Its the time you use for promotion plus effort given they should give enough rewards for the work you do . There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .
maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.
It seems like OP isn't aware that some bounty projects with 300k upward sometimes get lowered to 13k or 9k after they get listed on exchanges, the last thing you should be worried about now is bounties allocation, quality of a project matters the most
Additionally when they get listed on exchanges the huge sell wall set up by the bounty hunters almost crashes the market. This leads to a lot of problems like people thinking that the project is scam reasoning to the selling or the exchange getting hacked one day with the coins lost because they were being stored on that site for years since 2017 and never reached any target price.OP seems to have a grudge but does not wish to step forward to reply to the posts that were made, guess they were just padding their post count.
Of course it is normal to feel bad when a free source of money stop flowing but it is inevitable, just ask yourself.
Their budget is probably the same. It is the amount of user they are willing to take. People over here seem to be working for those project even if they paid them a very little amount of coins that won't even cover the cost of their morning coffee. Thus, they are taking a large amount of people willing to work and then divide the rewards among the large base keeping the budget same. Thus, people are receiving less amount of coins per user. Even if they have small budget, people still wants to do those bounty program, thus the manager sees no need for increasing the bduget.
I would prefer a small amount of bounty as long as you will be able to sell that bounty on the amount you expected it.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .
maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .
maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.
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