Topic: Why bounty budget is becoming too much low? - page 2. (Read 396 times)
Because the current altcoin market is not as active as it was in 2017, and there are too many projects becoming scams. So investors are not interested in new projects, so bounty has also decreased and the budget is not too high as before.
Millions allocation won't work anymore, you can't expect that bounty budget anymore. There was a time when bounty campaigns were very successful, the project used to raise good money from ICO and they paid well to its hunters. But as you know the ICO Era is over, so, you have to take this low allocation for now! I think things will be changed again, a good bounty should have at least 50-100K USD budget, not 10-20K! Whenever the IEO idea comes, good projects are reducing the bounty budget, if the bull run comes again like before, then bounty allocation may change again for good!
Yeah, for now earning from bounties relatively small compared to the heyday of 2017-2018 and I'm also not sure if the bounty will repeat its history like that year. Maybe if there are many investors who are interested again in the ICO / IEO project, that could have happened. However, the reality is that inevitably we have to live it with bounties that are very minimal or have other side jobs besides working on project bounties to make ends meet.
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
Or it's just getting realistic value instead of lucrative million dollar bounty pool!
No matter how much the bounty is allocated,the important factor is whether that bounty is worth to participate or not.
No matter how much the bounty is allocated,the important factor is whether that bounty is worth to participate or not.
website : https://www.webounty.io
telegram : https://t.me/webounty
twitter : @webounty_io
I hope you can like my article~~
Does anyone have any experience with webounty? Were you paid out? Do coins on there usually get listed? Thanks
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?
Please go back and do research on bounty projects that have 10k or 15k bounty allocations, you will be shocked because after they get listed the price tripled up, turning into 50-100k worth, its not about bounty allocations anymore, its about the quality of the projects 
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?
Because the current market is not like 2017 and 2018. Investors are not interested in new projects so projects often do not have the budget to pay for bounty. Today if any bounty has a budget higher than 100k USD, I think it is most likely fake and scamthey do use up these numbers to hook up users to advertise their company/project.For new ones which doesnt have
funding capacity then they would really fully rely on investors and rewards will vary on how much they had collected
on such sale, good thing if they do make adjustments on pay rather than having no pay at all as a bounty hunter.
--snip --
Its ended do not believe that the things happen before from the ICO project will be back since investors learn already thier lesson. Why the bounty allocation reduce because they know now that it will not be a big help for them if they make a high rewards so they make it low , sometimes they are affraid also for bounty dumpers thats why they want to give only small rewards. 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?
Because the current market is not like 2017 and 2018. Investors are not interested in new projects so projects often do not have the budget to pay for bounty. Today if any bounty has a budget higher than 100k USD, I think it is most likely fake and scam 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?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaignThat's really the case but actually there are other who really intend the budget low so that they can minimize the dumping of their tokens once they are listed in exchange but we still have choices to join or not, but I will agree with you for now since I don't actually see a bounty worthy campaigns now since I always encounter scamming after they finish and accumulate the sales.
Stop joining and make the projects to pay in a coin which has real market value.
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?
What youre asking is quite huge actually its not that they dont want to increase their reward for bounty. Maybe those campaign just have already liquidityon markets and adding some bounty with considerable amount wouldnt hurt much. This is big especially if the duration is quite short. Join btc paid, some are not that high so dont expect much on altcoin campaign.
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?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaignThat's really the case but actually there are other who really intend the budget low so that they can minimize the dumping of their tokens once they are listed in exchange but we still have choices to join or not, but I will agree with you for now since I don't actually see a bounty worthy campaigns now since I always encounter scamming after they finish and accumulate the sales.
Since that time i wont ever want to join on altcoin bounty anymore
It's because of the market conditions during those days projects will raise $20 or $30 Million so they allocated 300k or 1M which would be around 3 to 5% of it and now the amount raised by the ICOs are very less say 3,3 or max 5 M so it's comparatively lower but still around the same allocation in % terms when compared to those old days.
Yea, most of project also lowering their goal since they think it's impossible to reach huge amount just like previously bounty on. 2017 
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?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaignThat's really the case but actually there are other who really intend the budget low so that they can minimize the dumping of their tokens once they are listed in exchange but we still have choices to join or not, but I will agree with you for now since I don't actually see a bounty worthy campaigns now since I always encounter scamming after they finish and accumulate the sales.
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?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaign 
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?
Get used to it because not all the times we do expect for those millions of usd allocation or even hundreds of thousands.Come to think that most projects now doesnt even get sufficient funding support due to trust issues and interest level which isnt the same just like on couple of years.
So its just normal for those project to give allocation which is just sufficient or just right for them to pay and thats the good thing but they should at least
making up some limitations on participant so that the given bounty rewards can somewhat be felt.
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?
Where are you getting such metrics? Please show any bounty with a 1M USD bounty budget that has been successful in the past. There were big ones but that is too much.A reduction is bounty reward allocation may not always be indication that the marketing of the project in the form of bounty has been poor from other projects. In a way it does indicate but it is not conclusive. However do no let these ideas cloud your mind. One should not depend on bounty earnings to be lasting forever. The analysts who do the marketing of these projects have seen that the forum generates very little conversion ratio due to the massive amount of bot accounts in social media.
I have talked with couple of ICO/IEO team Some of them even don't want to advertise their platform via bitcointalk. They believe it's just increse of social media likes and followers. They aren't benefited from bounty campaign. Because they believe most of bounty participants are just spammers. There is no value of their social media accounts and there is no real investors on their followers. And we know what is the truth. Even people buy social media accounts just for bounty campaign ( I have seen some users made post to buy social media accounts). That's the reason why projects team don't want to waste their money and dump their tokens. I think so their thought is reasonable enough as well.
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?
No matter how much amount they are allocating for the bounty they will not pay at the end so who cares about the pool amount. 
But if you are seeing a bounty with low allocation then better chance for them to be a legit project,scammers uses lucrative offers with bounties so they allocate in millions.
maybe because of the value of cryptos that are now pumping ? or because they only have a small budget ( poor ) . they cant be called good then if thier budget is low . but its better to see small budgeted bounties atleast they are true compare to those too good to be true bounties but fake and will only turned into a scam later on . small budget bounties means they will only hire limited people which is good because the pay isnt cheaped too much but if the budget is big ,they will also hire boat loads of people and make the pay less but also more spam on the forum ,
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