Topic: Why so many bounty campaign close before there week ends? - page 2. (Read 857 times)
There are a lot of reasons : they finished tokensale / ICO , perhaps they collected the right amount of investment, and there is no need for generosity in the company, they can not gain the necessary investments, and thus close earlier, realizing that they will not gain . And also the most common that just miscalculated the week, or just late reported that the generosity is over
Usually there are only two reasons for the early closure of the bounty company and the ICO. The first reason is a hard cap. The second reason is the complete lack of fees for a long time.
Many projects collect a soft cap on the presale and close the bounty company ahead of time. I also came across such projects and I think it’s good that they gathered so quickly. But for some reason, payments are delayed and it bothers me.
Usually companies close the bounty if they do not see the number of investors , and then they do not pay rates because of the pool collected.
Hello guys have been participating in a lot of bounty campaign for a while now, and most of the bounty campaign i participated in nowadays do end their bounty before the end of the week or month they approve to end the bounty, i was just hoping what may be the reason for all this bounty close down?
Ofcourse same reason for many of them is Not reaching the softcap,or they are being affected of the red market,but the truth is they are creating project to scam,to just take away the investors money and fly and gone.so be careful on the project you are joining because they’re sucks and no concerns at all
In a bear market, it is really hard for bounty campaigns to collect funds they just dry up ending in empty fundraising some projects get closed and some projects delay their ico end date tough time for market
That's possible,if the projects are good projects then it must be that theyve reach the soft cap in a short period of time but there are some that will just close down everything due to unknown reasons and the excuses they will tender won't be a genuine one.
Hello guys have been participating in a lot of bounty campaign for a while now, and most of the bounty campaign i participated in nowadays do end their bounty before the end of the week or month they approve to end the bounty, i was just hoping what may be the reason for all this bounty close down?
There are a bunch of options. Usually close early if the ICO has reached the hard cap. It is also possible to project for a long time could not gather the soft cap and decided to stop the project. It is also possible to cancel the ICO for any other reason. Maybe the ICO was illegal.
There would be a special case when the selling of the coin is faster than the designated date, that way makes the bounty will also ended quicker than the designated date. But that occurrence is rarely happen these days cause many ICO having to extend their ICO phase due to lacking of investors.
I don't know, the easiest reason to understand is that the rest of the staff is not working on weekends. Encrypted currency is also a need to rest. This situation is generally a problem with the ICO's expectations. do you understand?
Thus I think it is a good thing. This means signifies sales of ICO is completed more quickly or successfully until it reaches the hard cap is faster than estimated. even this opportunity will close the course where there will be no additions to the number of participants again more.
It so happens that ICO collect the money necessary for the development of the project before. so the bounty also closes earlier!
It's very simple, the team scored hard cap and they decided to close the bounty . They don't need it anymore.
It is a wild guess. Lets go back to their whitepaper. All the ico information are listed in the whitepaper including the end of the tokensale. Most of the bounty also ends when the tokensale ends or even reach its harcap. Then so as the bounty campaign ends.
There are several reasons why the bounty campaign ends prematurely:
- The project sold ICO reach hard cap faster than expected, which is quite good for the project and the bounty campaign is no longer needed and they finish early.
- The project was canceled due to ICO related legal issues.
- The project failed to reach soft cap in private sale and presale.
- Project scam.
- The project ends early to run the second bounty campaign.
- The project sold ICO reach hard cap faster than expected, which is quite good for the project and the bounty campaign is no longer needed and they finish early.
- The project was canceled due to ICO related legal issues.
- The project failed to reach soft cap in private sale and presale.
- Project scam.
- The project ends early to run the second bounty campaign.
if in my opinion why is ico now stopped before the project is finished, if what we follow ico is a scam, so if they have got money they will run away and therefore the bounty is stopped before it ends and their tokens may be sold, and we have to be careful Caution
Hello guys have been participating in a lot of bounty campaign for a while now, and most of the bounty campaign i participated in nowadays do end their bounty before the end of the week or month they approve to end the bounty, i was just hoping what may be the reason for all this bounty close down?
Not all bounty campaigns are closed. Maybe they have reached hardcap or they reached the target number of sales
i don't know but this is something common that happens does why we sometimes see in their project that , they have the right to change anything but mostly this sometimes happens when the entire project was shady. I mean scam. Project not crystal clear to investors and people start exiting . Sometimes had cap is also reached . Afterall does what the campaign is aiming at so what the heck are they still running the bounty campaing for .
Sometimes too there is a huge strike in the coin of which the project coins are collected and when this happens soft and hard cap ain't easy to reach
Sometimes too there is a huge strike in the coin of which the project coins are collected and when this happens soft and hard cap ain't easy to reach
In my opinion the durations of bounty campaign is depend on the decission of the devs themself that if they feel 1 week is enough to promote their projects and they already get huge number of investors or the target achievement already reached then they may to end the campaign
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Bounties ends before it's time ends due to lack of funding and management.In some bounties escrow are missing which means payment issues can happen.
If there is a lack of funds to pay. I think they will extend the bounty campaign to be able to sell their token. In this case, I am sure their ICO was finished sooner than expected and ending early bounty is a good thing. Jump to: