I was also one of the victims of the extension of this bounty campaign. Even some of the bounty campaigns that I followed extended their bounty campaign. Some bounty managers said that the ICO had not yet reached its soft cap so the bounty campaign had to be extended. In my opinion, this condition is reasonable because in recent times the price of crypto currencies has been very volatile and ICO is very quiet, so it requires a harder effort to build ICO trust so that there are many investors. In addition, the extension of the bounty campaign period was due to a shift in ICO planning due to uncertain market conditions.
Topic: Why up to 80% bounty campaign extend the deadline? - page 7. (Read 4096 times)
As a bounty hunter, I thought it is better they extend the ICO rather than abandon it. With extended there is still a chance we will get the rewards. I experienced few campaign that abandon their ICO so there were no rewards for my job.
I think the main reason is they don't reach its target market cap so they will extend the bounty campaign to extend also the marketing, it is also because all ICO are also affected of bitcoin fall down and most of the investors are won't invest anymore, maybe on they have enough holdings or afraid of scam ICOS.
much of the bounty and the ICO have sprung up certainly make investors confused and have a lot of options for investment. not to mention the time the scam too much sure of making ICO became hard to believe so as to make investors cautious in entering the investment. This makes a lot of ICO and the bounty being extended because not reached the expected results.
Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!
Thank!
I guess the reason behind those ICO and bounty extension is because the project didn't meet the requirement and maybe there are some inside problems that happened in the company. Therefore, the only action they can do is to extend the bounty in order to reach their goal.
Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!
It may be a scam but I think because the market goes down, they need to extend the bounty campaign to have more time to sell the token.Thank!
Downward markets will cause many difficulties for independent ICO projects without angel investors.
sales did not match expectations and should be extended into the stuff that makes the bounty was also extended. It is quite troublesome because the results are not just in time and this can make the result be getting smaller because many who entered so that the allocation will be divided. much of this year has indeed become a bad year because many bounties extended.
Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!
One of many reason behind the extended bounty campaign would be because of the ICO hasn't reach their designated target.Thank!
That way they extend the ICO pahse and also the bounty campaign.
The project to extend the duration of Bounty is indeed very disappointing. So we can think that this project is a scam or not. And I have experienced the Bounty project which has been extended since the sale of tokens did not reach Soft Cap. And they keep updating information and active teams, so I think the project is not a scam.
That could happened if ICO never meets their hardcap or even softcap ,its all that matters to the dev ,that's why it's called initial coin offering and that's why I'm scared of ICO ,they can easily went scam ,for them getting the fund is all that matters that's why I'd be careful if I want to invest in ICO
usually it hasn't reached a soft cap or hard cap, so they increase the length of time to reach their target.
ICO is a fundraising process for project development, all depends on investors, a project is not easy to run ICO, requires hard work, if their ICO is continued, it is normal, because each project has a target to succeed
The first campaign was extended because sales of tokens have not yet reached Soft Cap. The second project was extended because the market price of crypto coins declined. And there may be many more factors that influence ICO to be extended. But you also have to check the ICO. Are there indications of fraud or not.
can scam they buy time it could be because it hasn't reached sales so it's extended, essentially ICO's characteristics are good they always respond every time we ask and always provide the latest news about the project
Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!
Thank!
I think the reason of the team is just simple, the time left for them to raise their desired amount of fund is not possible. Therefore, the only thing they can do is to extend their campaign in order to achieve the goal. It is much better rather than stop the bounty and accept that they lost.
Because of the market price movement of most crypto coins, most ICO projects are having difficulty finding investors as most people are saving their hard earned money for the right time and when their money has more value than it is now
Well maybe some of ICO still need bounty hunter to help spread their project around?
Cause they lack of crowdfunding? And they didn't met the softcap to start their project I guess so they extend the campaign to help get the fund cap
Cause they lack of crowdfunding? And they didn't met the softcap to start their project I guess so they extend the campaign to help get the fund cap
When this happens, it is definitely a cause for concern. At least this is a negative event. The reasons are different: insufficient amount of money collected, defects, problems with the product, etc.
Maybe because now to attract investors is very difficult, so developers who provide a campaign extend its period, because the softcap that must be obtained is not achieved, and indeed because the market is down which makes investors refrain from buying tokens during ICO to avoid losses . And also investors' confidence is declining because many ICOs are scam, and that makes the world of cryptocurrency tarnished.
Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!
Thank!
This is normal and they have a disclaimer for this in their bounty campaign, as long as the project is legit maybe a little more time to hit the softcap or the hardcap that is why they extended it, usually they add more tokens to the existing token rewards this is to motivate their bounty hunters.
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