Why so many bounty campaign are extending? - page 44.

BitPlace

member

Activity: 210

Merit: 10

Quote from: Lingqingyi on July 26, 2018, 06:16:42 AM

I think the main problem is still the lack of capital in the whole market.
Due to insufficient funds, people are not inclined to invest in ICO, and they begin to invest in mainstream tokens.

Right now its hard to see successful bounty campaign at shorter span of time, most of them were really having longer timelines. The softcap wasn't able to reach that's why it needs to be extended in order to meet the targeted budget for the market capital. It isn't true that people wasn't inclined to invest in ICO, maybe the interest was so slow but it doesn't mean they're afraid. Possibly its due to poor market development of bitcoin, that's why tradings also declines it's market value due to bitcoin's slow moving and fluctuating market.

eipeng

newbie

Activity: 168

Merit: 0

This is already answered but i'd like to add some. There's so many reason why bounty campaign extending and some of them are did not reach their softcap. We all know that reaching a softcap is vital to any ICO, it is a lifeline that can save them. Some of them also extend to promote more and get enough publicity, some of them also extend for the reason of wrong timing because Timing and good communications are the most important.

Mikcik

sr. member

Activity: 742

Merit: 250

Actually, bounty expansion was after ICO or pre-sale they did not reach the desired amount, so they had to continue to expand the bounty campaign by round 2, 3, 4. For me, I did not continue join the bounty that they expand the campaign like this. A typical example is Asura, which extends bounty co-thought to a potential project

telephonedroid

newbie

Activity: 74

Merit: 0

Fully reflects the overall speed of development of the cryptocurrency market . Most of the bounty increases the duration of the campaign .

nazaididuan1

jr. member

Activity: 350

Merit: 1

Because the market for cryptocurrencies has been sluggish during this time, many investors lack confidence in ICO!
ICO sales can not meet the set goals, ico sales will be followed by extensions, and the rewards task will be postponed!

CaptainKid

sr. member

Activity: 756

Merit: 250

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

Yes, now many projects are postponing the date of the ICO and, accordingly, the bounty of the campaign is prolonged, but to all the fault is an unstable market situation. When the market recovers, investors will again actively participate in the ICO and invest in projects.

Oksan89

member

Activity: 434

Merit: 16

Quote from: 548khen on July 26, 2018, 06:14:40 AM

Projects are not getting funded. And not reaching soft cap at their projected time. They have no any other option than to expect sales period. Once sales period is extended, the campaign period would be extended too.

Now it is bear market, so it more difficult to collect even softcap for really good projects, and ICO investors afraid of investing too, because very are many scam projects last time.

Oksan89

member

Activity: 434

Merit: 16

Quote from: akuser on July 26, 2018, 06:43:10 AM

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

I think maybe because so many projects are simultaneously doing ICO. So the project owner needs to extend the sales period to get investors. Another reason is because it has not reached the sales target (softcap) so they need to extend it.

Of course this is the main reason, each project wish to collect hard cap, but it is not so easy to do on such market. Thats why they extends ICO and bounty campaign.

SmithKline

newbie

Activity: 81

Merit: 0

Because you are in a long bear market . There are so many reasons

Ostonian

full member

Activity: 912

Merit: 100

The demand for participation in bounty campaigns will always be. Since this is the only way to get tokens from the ICO project for free. And their number increases, because the number of launched projects is growing. And as we all know, they need a decent advertisement.

Oksan89

member

Activity: 434

Merit: 16

The most advantage for ICO developers is that they can not to pay for bounty after ICO ends at all ). There are many cases when devs just cut out pool very much or don't spend a cent.

Tosin12

jr. member

Activity: 364

Merit: 1

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

Not totally agree... Though it's part of the reasons why we have been having extended ICOs lately but majorly the market and price situation makes many people not to ready to invest, the market curve is not encouraging so people are cautious about what they invest in though as we speak there are still few projects that succeed selling out and reaching hardcap

akuser

full member

Activity: 526

Merit: 100

markaccy.io

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

I think maybe because so many projects are simultaneously doing ICO. So the project owner needs to extend the sales period to get investors. Another reason is because it has not reached the sales target (softcap) so they need to extend it.

Kurokyy

full member

Activity: 448

Merit: 100

LETS GO ADAB

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

In my own opinion, the reason why most of the campaigns are extending is due to their coins that has not being sold out yet and they only have few investors which needs more marketing strategy.

themistocleess

jr. member

Activity: 392

Merit: 2

📱 CARTESI 📱 INFRASTRUCTURE FOR DAP

The essential reason wanders are extending bounties is by virtue of it is requiring a long speculation to get sponsoring.

FreddySelvig

newbie

Activity: 125

Merit: 0

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

Of course I agree. You do not sign any contracts, as in normal work. Basically, campaign bounties are built on trust in a good manager and an adequate team. But because they understand that they can do everything, they prolong our work, it costs nothing to them. This is another reason to choose those campaigns where the end date is specified, and which do not end with the ICO.

WiiD

sr. member

Activity: 756

Merit: 250

Quote from: Lingqingyi on July 26, 2018, 06:16:42 AM

I think the main problem is still the lack of capital in the whole market.
Due to insufficient funds, people are not inclined to invest in ICO, and they begin to invest in mainstream tokens.

Market capitalization is growing, but aysio is still slowly collecting kapu. Few investors believe in altcoyins, everyone chases after bitcoin, but this is a matter of time.

Jenesis

newbie

Activity: 89

Merit: 0

Quote from: nadbucs on June 18, 2018, 02:08:04 AM

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?

because the enthusiasm for ico began to decrease, many people are already unenthusiastic to invest in ico. so ico extend its promotional period, if ico has done that yet not getting better. then ico will fail and we get nothing.

Mypanara19

member

Activity: 826

Merit: 11

The primary reason for the extension of any bounty campaign project will be to attract new and more investors and to make the token be more well known through different social medias and other community group channels most especially if the target hardcap is close to being reach, so advertisement and promotions will be of big help to achieve the hardcap if they would extend the bounty campaign.

Lingqingyi

member

Activity: 168

Merit: 10

Open and Transparent Science Powered By Blockchain

I think the main problem is still the lack of capital in the whole market.
Due to insufficient funds, people are not inclined to invest in ICO, and they begin to invest in mainstream tokens.

Topic: Why so many bounty campaign are extending? - page 44. (Read 5951 times)