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Topic: You Can't Be Jobless And Be Participating In Bounties - page 12. (Read 2094 times)

copper member
Activity: 224
Merit: 1
Bounty has really turned like a game for kids. Hunters are taken for granted and treated as trash. Like the poster said. It's not just what someone will depend on for daily living.
sr. member
Activity: 938
Merit: 256
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin.

Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid.

Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.

Bounty era is over, but several bounties still good and has a worth reward, but it's really hard to choose.
Investors are regretting invest in ICO because many ICOs was scams.
full member
Activity: 868
Merit: 104
I completely agree with you. One cannot be jobless for the sake of joining bounty campaigns and earn money from it, I have practically experienced it. In late 2017 to early 2018 I had good income out of bounties, it was like 3-4 times from my salary in just 6 months, I was planning to exit job but did not do it, later downtrend came and most of my coins lost value, still I had 4-5 projects running and I was hoping to get money out of it. In late 2018 due to some issue I had to quit from job and I thought I would be getting money from bounty projects which I have already completed but opposite to my expectation 2 projects went scam and 2 projects have not paid anything yet, the only income I got from 1 project was around $150, so I decided to come back into job and thank GOD I luckily found it. Its not recommended to get dependent on bounty income unless you have already withdrawn a good amount and kept it safe as backup.
legendary
Activity: 3346
Merit: 1128
It's the worse time to do bounties without a decent job, there is no good ICO bounty campaign right now if you want to do signature campaign might as well take the gambling and gaming signature campaign, ICO bounties will become a thing of the past if investors will continue to lose money with ICO.
maybe if this condition continues we will not see bounty campaign anymore.most ico now failed and developers team prefer to held IEO in reputable exchanges.this methode was very successfull and investors satified with it.
You know why bounty campaign will become relevant even with IEO? IEO is hot cake now and gets sold out immediately it gets to exchange because we still have very few projects that are running on it and because its view, the demand becomes higher than the supply.

There will come a time in future when all exchanges start up their own IEO too which will definitely be this year, the number of projects we have in the past will be the same as what we will have in IEO too, so this time, the number of project will be too much that investors will have to choose from. The only way they can easily go look for one is still through campaign, in which bounty hunters will be employed.
hero member
Activity: 1316
Merit: 502
Being a bounty hunter isn't a career job or a career opportunity. If you are a bounty hunter and you see participating in bounty campaign as a job then I'm sorry to tell you that, you are deceiving yourself. Its high time that people in the crypto space and also on this forum to see bounty participation as a way to earn passive income or an investment which uses time instead of money for investing. You invest some portion of your time and earn a passive income.
Exactly, bounty hunters are just a part-time job and help us get more income while we have free time, it cannot become a main occupation to maintain our lives because income is never fixed and work is always too risky, sometimes we will need a long time to receive the reward, if we depend on bounty, we will starve in waiting time. Many people may not believe in what many people here share when they only see the aura and tremendous income from bounty hunters but when they participate directly in this story and feel, they will realize difficulty in the bounty
hero member
Activity: 1092
Merit: 523
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin
~~snip
Lol you’re saying the truth but trust me, some people are never going to agree with you. I really laugh hard when I see those that claim that they have no job cause they are relying on crypto. That’s really stupid for anyone to do, relying on crypto and not having a job.

Cryptocurrency is not a job, you should have your main job that you’re ding that would he paying you monthly, then you can have cryptocurrency as a side hustle for making extra bucks. But saying that cryptocurrency is your main job is kind of funny Grin. Putting your hope in something that you’re not sure of.
hero member
Activity: 1484
Merit: 535
Being a bounty hunter isn't a career job or a career opportunity. If you are a bounty hunter and you see participating in bounty campaign as a job then I'm sorry to tell you that, you are deceiving yourself. Its high time that people in the crypto space and also on this forum to see bounty participation as a way to earn passive income or an investment which uses time instead of money for investing. You invest some portion of your time and earn a passive income.
jr. member
Activity: 214
Merit: 3
I have also wondered about how people cope with working on bounties as a main source of livelihood. I think it will be hard for them because project campaigns are never certain and dates can be shifted further from time to time especially in this harsh bear markets
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
Bounty distributions are the biggest reason why so many bounty hunters left the area and go to look for the new job. I know some guys who forget the last date of her SV used and she is now ICO expert in the company.
member
Activity: 742
Merit: 12
It's a ridiculous idea for anyone who wants to quite the JOB and starts participating in bounties. You should not quite your day job, it secures your living. Bounty can't make you a living unless you can participate and get all high stakes in each and every bounty in all section including Signature, Translation, FB, Twitr,  Media, etc. which is an impossible task. You can't be that perfect, so stop thinking it. Do it as a supportive work, get some extra cash or hodl coins without investing from your pocket. That's it.
member
Activity: 700
Merit: 11
I remember telling a friend sometime last year that bounties are not sustainable as a full time earning business. I am glad he took my advise and used the little he got to start up a small offline business. The poster is very correct. One needs a main source of income and bounties are not it
full member
Activity: 494
Merit: 104
homt.net
for me as a college student, bounty is just a freelance work, by participating in bounty i can earn money for my life and pay cost college.

it's too hard for make bounty as a main job for now, other option we can be a trader using our money from bounty and make this as a main job than bounty campaign
member
Activity: 383
Merit: 10
indeed, if you work on a bounty and are optimistic about getting results every month, maybe I think it's impossible unless you follow a lot of bounty / airdrop, there might be potential to get monthly income
full member
Activity: 602
Merit: 111
Truth be told. You can't be jobless and be doing bounties. You will starve  Grin

My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin.

Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid.

Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time.

If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments.
I agree everything that you are mentioned because when after you entered into this field there is a wide opportunity to make your income properly if you don't have a single investment also the bounty. campaigns will be very helpful for you to get your income for your work and this opportunity will be most useful thing in Crypto field.
sr. member
Activity: 1988
Merit: 453
Feels sad if someone put 100% of their life by doing a bounty, you still have a lot free time bounty only need 2-4 hours to make a report. With that time you can try to search a job to get a main income for your economy.

You need 2-4 hours every day for bounty? Unless you are doing translation or bug reporting bounty, I have to say that the information is incorrect. I used to participate in social media bounties and doing 30-40 of them took only 1 to 1.5 hours per day.
copper member
Activity: 266
Merit: 0
In other perspective, we should put bounties as our sidelines only and we should focus more on our main job. It is for the reason that our main job, we are assured that we are getting paid while in bounties, it is hard to predict if when will our payment receive.
member
Activity: 1078
Merit: 10
I agree with your opinion, it is very difficult to make Bounty your job, especially today. It should be your hobby, do not spend all your free time on Bounty hunting.
member
Activity: 560
Merit: 10
I agree with you that bounty, as basic earnings, cannot be considered, because sometimes you have to wait a year to get your coins. If someone wants to get rich quickly, then bounty is not for you)
jr. member
Activity: 266
Merit: 1
CurioInvest [IEO Live]
Indeed it is true.
My participation in the bounty campaigns over the past half year has not brought anything.
Payments that developers promise very often or not paid at all or very late.
Participating in a bounty is more of a hobby with dim prospects.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
True enough but there was a point in time when some jobless individuals outmatched the incomes of those who have regular jobs, that was the time when someone hopeless for not finding a job became richer that the employed. Now bounties bring only pennies that cannot even feed a single stomach sometimes but there are bounties that pay in bitcoin that hire only higher rank members and though bitcoin price is not too high at least these bounties pay good.
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