Topic: Why so many bounty campaign are extending? - page 36. (Read 5951 times)
I am a newbie but I feel that market conditions are not so good now so they are not able to achieve targets in time.
I guess the reason why some ICOs are extending their project is to gather more investors and to gather more funds for them to reach their softcap and hardcap. They are doing that for the benefits of the project as we'll as for the benefits of their investors and bounty participatednts as well.
That's not a new thing now you will found out that when doing bounty if the reach there end week the will just extend it again the reason is this sometimes if a particular project did not reach there soft cap or gain a lot of people to there project the will now extend it to gain more people.
Yes, there are a lot of fraudulent bonuses. This is also a costly lesson for light investment. In short, if the promise of profit seems too good, then the possibility of fraud is high.
A lot of people have seen their portfolios bleed and so have left Crypto altogether. If 90% of the people who didn't see last January have lost everything then there is no money to buy in ICOS simple. Many ICOS don't reach their soft cap in time so they tend to extend but confidence has been lost because many of the lambo get rich quick kids can't make an x 10 off the bat when the ICO hits an exchange. Now usually everyone dumps their tokens on the exchanges at a loss, so people right now just don't want to invest. Savvy investors who are loaded, however, will pick the cream of the crop and go in an ICO hardcore.
First of all bounty campaign is kinda one-time-thing and developers who decided to launch ICO have only one chance to advertise their product. Nowadays they don't collect required amount in most cases and extend their ICO timeframes. As a result - they need to advertise without enlarging bounty allocation so they just extend bounty duration, I think this is the reason
Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
ICO's were probably extending simply because they haven't achieved their target sale yet and they need to fullfill their desired capital.
As a result, they extended their bounty campaigns.
I think that is due to the contemporary marketplace conditions. due to the fact it is very difficult for some initiatives to fulfill their required capital to begin the assignment. So till they meet their financial requirements they'll expand their bounty campaigns.
This query is pretty effortlessly spoke back while you visit CMC and check the chart - we are deep within the undergo market. folks that are strolling the bounty campaigns want higher time to release their product to the broader public.
You're right! I find that capital mobilization for ICO projects is very slow or impossible to mobilize, but there are some projects that do not have high application in life, so it is impossible to mobilize capital from ICO project and too many projects are created.
There are now a lot of expansion bonuses to attract people to the forum. There are a lot of people taking part in bitcoin casinos to get a bonus, if you win the game you have more of your investment. This is very beneficial for anonymous people are still online transactions.
because to promote a new project, ico is a good way and through a bounty campaign to hope for a bigger promotion and attract many investors to succeed the ico project.
Most bounty are extending because most of investors are now becoming pissed off and this can be attributed to many reasons. Some of the reasons are:
Lack of confidence in the cryprocurrency project and team
The probability of hunters dumping the crypto at ridiculous prices causing prices to fall.
These and many more reasons are behind it
Lack of confidence in the cryprocurrency project and team
The probability of hunters dumping the crypto at ridiculous prices causing prices to fall.
These and many more reasons are behind it
bounty campaigns are extended because sales are extended it is simple. ico exteded because devs do not believe that they will raise enough money because of bad market.
Of course, the bounty is extended , but there is no special sense now, few people invest in ico , and the soft cover is achieved little
Naturally, in this bearish period, competent icos are not extending and even getting their softcap faster than anyone would suggest.
Projects like farma trust, iagon amongst others are making strides.
Participate in the right stuffs.
Projects like farma trust, iagon amongst others are making strides.
Participate in the right stuffs.
yes I agree with you, many investors are losing interest in investing. that is the reason for the increasing number of bounty campaigns that failed to reach the softcap and did not share anything with the participants.
They are not more investors participating in ICO due to the fact that many scammer are using the platforn to dupe investors which discourage them to invest in ico due to that ico are seeing investors as they have thought so they don't have more option than to extend their ICO with the hope of expecting more investors
There are several reasons, because of their combination managers extend the bounty. This is not only the blame of the ICO scam. In summer, all markets are red, this is the most important reason. Let's look at September and October, I'm counting on a good market growth.
Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
this is something that is unexpected without our expectation that ico's time will be extended, there are many causes that make this happen such as inappropriate results and so forth
this is a bad side because we have to wait longer to get what we want to be delayed
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