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Hello everyone, I'm following the bounty campaign of DigitizeCoin through www.bountyhive.io, this campaign is about to end and when I go to do my work I find this message on the official Twitter account:


I think many have gone through this situation, this happens recurrently with the bounties campaigns? With which managers? What advice can you provide?

They didn't reach the soft cap for the Pre-ICO. The ICO has not started yet, so the bounty is not over.
The company gives the opportunity to the investors to take back their investment (if they want) or to wait for the ICO stage, which is going to start later. I'm taking part in the bounty since day 1, It is a great project and I am sure they will find new investors in the future.

this is the risk that we feel if the campaign that we follow failed. we also can not sue them, developers also do not want this to happen.
keep up the spirit and look for other campaign projects, your time will be wasted if thinking about this problem.

op, see the information given mpufatzis and do not hesitate, because ico has not started yet and there is still a chance to succeed. this is not the end of it all.

Say huge thanks to the developers that they have at least returned the invested funds and not deceived! It's very honest and dignified.

This is actually part of being bounty hunter. Sometimes though the project is legit but not succesful then bounty hunters will not receive the rewards ofcourse. But on the other hand the project team is good enough since they are willing to return the investor's investments and did not ran away.

You have guidelines and rules somewhere to read. Most of the time they state that they are going to distribute the bounty tokens if they successfully raise money etc. Maybe regarding your case situation is about private sale, not public. If you have more questions maybe the best would be to check with their support as they are the ones who manage the campaign.

I think it will work out
They have good prospect and they are keeping in control their investors too
I followed bounty and it will work out in near month

I had such situations, but to collect only 150 etherium - this is generally where did you find such projects?

There are always some risks, as not every ICO collects even the minimum amount needed (soft cap) and in this case you don’t get anything. It's a risk you have to accept as a bounty hunter. You should approach the project from the investor’s point of view, since even if you don’t invest your money, you still invest your free time and your effort.
But, as others have already pointed out, you should wait until the end of the main token-sale phase. There is always a chance for the ICO to raise enough funds before the end of the campaign.

So what happens now? What happens to the amount invested?

So sorry for you. But this is the reality of bounties. If the soft cap is not reached, you're not going to get paid. To avoid such situation, you have to research projects you do bounties for and select only those that have the potential to reach hard cap.

From what i have read, they will continue to develop their app, and they will still launch the Ico. Anyway, you need to wait for Bountyhive to make an announcement regarding this on their telegram channel.

Unfortunate news but at least they'll continue developing which is good. I hope the app will work out at least

This situation could happen to any Manager. Even companies with a high rating may not collect Soft Cap in the end.

This is one of the risks bounty hunters face. Unfortunately, they didn't reach their soft cap which made the project unsuccessful. You need to move on to find other projects to participate in and make your time count.

Do not dwell on the issue

Well this is a common scenario for ICOs nowadays, if their project doesn't attract investors due to a lack of good advertisement strategy or the project itself is not really that good then there's a higher chance that the project will not reach the soft cap and it will fail. The problem is for those who spend their promoting this projects through their social media, it will end up just a waste of time because you will not get paid in any amount, this is why even you are just participating on campaigns, you still need to research about the project that you want to promote. What's worst is there are also some times that it is being used by startup companies as an excuse to execute an exit scam, and those who invested will never get their money back.

There's no way to defend themselves. The thing is that the ICO resource is inexhaustible. The main thing is the idea. But investors resources have been exhausted. Therefore, many ICOS cannot dial their softcap and close.

Yes i have encountered this, i think once or twice already. Each ico has a target soft cap. It is stated in their whitepaper. If the project does not reach the soft cap on their target date, they will terminate the project. It means not many people see their project as interesting or beneficial or its just that their marketing skills did not work. For a project to reach desired cap, this two must come together. Bounty hunters who happen to work hard for the project will end up not given what is due them. I can't say there is a trend for managers who do this. Its not that, its just the viability of the project matters before you join the campaign.

This scenario where the ICO have not reached their desired soft cap is not within our control. If they decide to halt the campaign then bounty would also stop and we as bounty hunters should respect that. The team is working hard and yet no one invested so there is nothing they can do about it.

Do not dwell much on this. You need to move on. There are still many more good and legit bounties to participate in. Although, it might be painful, you just need to move on, because there are better offers. Virtually everyone in this forum has experienced something similar. There were many projects that did not succeed or could not continue just because they could not reach the soft cap. I know so many of them.

Good feedback colleagues. It's a hard reality, it's my first campaign and my welcome to the world of bounty camps. Without a doubt, the experience worth more than the effort, that's why I don't worry so much. That is the importance of choosing campaigns well and doing a real job, many bounty hunters enter 100 campaigns at the same time and do not stimulate the sense of attraction for investors to support the project. You have to try harder and do it smartly

Giving information that they did not reached the softcap is a sign that it's a legit ICO. Yeah, that's the hardest thing to see doing bounties with failure to reach the softcap as our hard work will be paid nothing. That's normal you should accept and find another bounty.

This means, you will not get anything because that ICO was failed. Any ICOs have to reach at least SoftCap then bounty hunter will get bonus token.
I advise you should research project of bounty campaign that you want to join, this will help you avoid bad or scam bounty campaign which will do waste your time. You should approach bounty campaign like investors because of you don't invest your money to bounty but you are investing your time to them. Time is money.

Bounty hunting is like working on a presidential campaign.

It takes up a lot of your time and in the end you might not even win.
But if you do, your work will really pay off.

In the case of an ico not making it's softcap, there is literally nothing you can do.
The company couldn't start and it never had the chance to exist.

If the situation were different, like they made their softcap but didn't make a lot more and were struggling to pay bounty hunters, you might be able to leverage things.
I've been in some bounty campaigns where they were slow to pay but suddenly decided to go faster when the community started threatening to spread fud.

Going forward, bounty hive is still one of the best places to find a bounty program.
But instead, only do campaigns for icos that you would personally invest in.
By doing the bounty campaign and investing you significantly reduce the per cost ratio of each token.

So you should be looking for new campaigns that have an active presence in their social media.
A streamlined bounty and ico (month to month and half max).
A workable product or at least an MVP.
And a real use case.

such is life, they did not have or receive enough support for the project so they could not raise their hard cap, I guess their project doesn't make much sense or that they did not do enough marketing or have heavy private investors. All the same, when next you want to choose a project, do proper research so that you won't be working hard for nothing.

It's not a matter of bounty managers, it's a matter of projects, Some projects are simply not well received by inverstors, even if they are very good. Gilgamesh has been one of them, recently, it didn't reach the softcap.
That's one of the risks of bounty hunting my friend :)

I also received this information to the official telegram group of bountyhive.io. I was too sad for this kind of scenario since digitizers is a promising ICO. But because they failed to reach the soft cap, all of their effort and time are loss. I think they should extend their ICO so that, many people can invest with their project. Hopefully, time will come, this project will relaunch again.

You know when ICO didn't reach a targets, its hard to deploy their projects. Everything needs money, when ICO want to listing in exchanger.
Its a risks of business, when you don't have a plan for your business then you will be fail.

I think its normal to some ICO that they not reach their goal the important is they refund the money of their investor and they do their best next time so their project will be successful.

This is an unfortunate event. I would advise you to check the success rate of bounties handled by such manager. Compare their past history and see how well their managed projects compete and if your analysis isn't good enough, try changing bounty campaign to more reputable mangers. I have taken note of bounty mangers whom their bounties managed always have one challenge or the other at the end so I avoid them.

This is a risk and many ICO that I followed and did bounty campaign did not end successfully.... I'm partecipating too in Digitize twitter campaign I hope ICO will go better....

Well this is something that happens occasionally when an ICO does not reach the softcap they can cancel the ICO, the good ICO they will refund the investor. ICO Scam will hug and disappear. Tips for you: Find ICOs that are of high interest to you, and the amount of funds you have to raise will not be too high. You will be limited to these situations.

I have seen good reviews about DigitizeCoin and it surprise me that it did not reach the softcap. I could not find what the exact amount is who is raised and what the softcap is. Is there a big gab between it?

this is only means bounty hunters will not also get paid, better things you  do is find other campaign . You are lucky if they will send any payment for bounty hunters but im affraid it will happen.

The inability of a project to reach the softcap they set doesn't necessarily mean that the project is not a good one. It could be due to insufficient marketing of the token sale event. Blockchain projects need a solid marketing campaign as much as they need a solid tech.

At least they had the decency to return the money to investors. More than often Devs run away with the money. This is a good sign.

Bountyhive has some of the worst projects listed on their platform. I guess they are new and that's why they accept any listing offers, the majority of their issued tokens costs practically nothing now, except for Dropil. Joining any campaigns right from the start is a risk because you know nothing about how the sales will go. Wait more, reward is going to be lower but you wont have to do the work for free.

I actually translated their documents in Korean for them so it’s sad to see that they did not meet their softcap. I guess that also means that I am not going to get my bounty for my work. It’s not the first time not getting paid for doing bounty work though. In fact, redvolution and many other projects still hasn’t paid me for translation. That’s why I prefer projects that pay out upfront. At least I get something to keep even if it fails.

not pleasant news for bounty hunters, it is very unfortunate that the work done by us will not be paid, we will not stop, we need to continue to search for quality projects for participation.

usually you will not get paid if bounty does not reach softcap, it is the risk of a bounty hunter, better looking for another bounty,
I have followed bounty like that, it's a bit painful to see our efforts get no reward, that's why I joined more than one bounty for social media campaign

The fact that the campaign was not able to assemble soft cap is bad. But this happens quite often. Especially in our difficult times, when the market is very unstable. In the future, such a situation is also possible. There is nothing you can do now, you have to put up with it. You can never tell in advance which campaign will be successful.

It is because of the fact that the ICO is often a benches or can not collect the soft cap I do not invest in ICO. It's a pity that many people lose money on this.

Must be a coincidence or something, I'm just now reading also that two projects (both same founders though) are cancelling/reducing all their tokens because they couldn't reach their caps too. I know this isn't the first time that ICOs fail to reach targets, but these were projects that supposedly already received a lot of private funding and just need to expand. Now they're cancelling everything, it seems like they could have lied about having enough to build a MVP.

P.S. Don't blame the bounty managers here!

I have met this phrase very often lately and in some cases it is true, but in some cases it happens that people just do not want to further develop the project and disappear, because they will not give back the money they could collect.

Yeah, in that case maybe they called scam project, I personally experienced on that when I joining bounty campaign sadly they did not achieve the soft cap of their project so they refund those who invested. Well, in that case, you are still lucky by refunding them there are some others they just like disappear and did not refund to their investors. That is the hardest part of us a bounty hunter so choose the best one before you participate with.

Smh, that's really messed up, I heard the bounty was about 12 weeks or something. A lot of people wasted time.

Yes, there are ton of ICOs out of here. But investor is limited  ;D Maybe they have a good idea, but their product and marketing is not good enough to attractive ivestors, so they failed. You were in crypto world, where any thing can happen.

It is surprising because that project had a very good reputation, but reality does not forgive. No doubt, you have to study the projects very well even during the course of the campaign so as not to be ambushed

Unfortunately sometimes we encounter some campaigns like this these is some risk in joining bounty campaigns we accept that sometimes our efforts will be wasted when the ico not succeed in their project or not reach their hard cap so the lesson in this scenario always choose a potential project do proper research on their program and most of all dont expect that you always gained profit in every bounties you participated.

Yes even a good project has a chance to fall their ICO sales. Look what the tweet means to be ; say sorry for not reaching the soft cap and do refund after. Great team behind on this digitize project. They will continue to project, comeback more more stronger and strong commumity. This experience make the team more skillfully managing this nice project

There some campaign which we can compared to that situation having softcap is hard to reach. It's all sorts of a campaign owner and manager who leads that project but best could refer to that is a scam project.

This is very unfortunate ,that the ICO projects did not reach the soft cap, because there are many , who assume that the bounty campaign they are campaigning did not success , and hey are worried for their expected tokens that it will not be given to the participants because the projects is failure.

Many people we can call it a victim of different unsuccessful ICOs,i can say that we are a victim if we are hunters or an investors as we take risk and spend time on it.If they didn't reach soft cap,hunters and investors will never recieve their payments and this could cause breakdown of emotions as we take part on promoting their ICOS we spend too much time and dedication to fullfill our duties and responsibilities since we are enrolled in their campaigns  to prove that we are all sincere on our goal.I must say that we take risk in the first place we already knew what will happen its either we profit or to lose everunvested money,time and efforts.

it does not matter if softcap is not achieved, because we as bounty participants do not experience losses are only limited time losses. so I think the future should be more selective to follow a project so that the results can be maximized and reach hardcap.

Much better when the project frankly admits that it gathered a small amount of money and returns it back to its investors. There were times when ICO artificially increased  the amount of collected funds and then disappear with the money.
Many ICO are unable to collect softcap. This is quite a common situation.

This happens, this is the risk which you chose to have if you are a bounty hunter.
If you want to be sure, go for the projects which already have had successful Pre-ico or have raised soft cap.

This part of life in crypto world whether you are a bounty hunter or investor. Many ICO who could not get their target softcap usually refunded the investors with their money and bounty hunters are left in limbo but it is just a part of everyday life here in crypto.

This do really happen.If you do try to look out on how many ICO is being launched on everyday basis then not all would really have the chance to succeed yet investors would really be divided out and also one of the factors that will make a funding failed is do lack of marketing or doesnt give any interest into investors on whats the project all about.If its just a common project with common goal and innovation then high chances it wont really gain any support.

Team is honest and ready to refund money. Unfortunately there are a lot of scam companies which will never refund investors money.

I was also a member of this bounty. It is very unfortunate that the project did not get a softcap. Unfortunately, now it happens very often. Very many investors are disappointed in ICO and also cease to believe in the profitability of their investments in ICO. Approximately 9 out of 10 ICOs after their completion, lose the value of their tokens.

This is how it really looks like. You earn some money once and you get a loss next time. Good thing is that you only lose your time, not money.

This is quite unfortunate for the team, investors and the bounty participants, they all wasted time which could not be recovered anymore, but in anyways investors are lucky to have their money refunded, because many ICOs will never do that but go away with the fund.

In such a situation I would take my investment back because if a project could not reach a even a soft cap, this means that it is unpopular.
If you didn't invest anything and only participate in bounty campaign, quit it, as there is a great chance that you won't be paid for your efforts or will be paid in like half a year.

Yes, this is part of being a bounty hunters, sometimes you really work hard and spend months promoting the project, but unfortunately in the end something doesn't go as plan and eventually they stop the ICO and will just return the money of the investors. So it means that as bounty hunters, you will not received any. However, those who failed doesn't mean that they will just stop, others continue and re-invent themselves. Maybe you need for further announcement. In the meantime, go on and find other projects.

In my own opinion, its not actually the fault of the bounty manager who host the bounty campaign. As a bounty hunters, our only task is to promote more of the ICO, only by promoting it. If the sale doesn't reached its softcap, its the fault of the ICO itself. And as for us bounty hunters, we dont have a choice but to respect their decision. We felt sorry for every campaign we join that doesnt reached its softcap. But we just have to move on and find another ICO.

of course not only those projects that are experiencing the refund. but there are also previous projects that are also experiencing a similar thing. I think it's a reasonable thing, because if you continue the project also will not run. Softcap her can not be reached, the automatic even so. You don't have to worry, it's just wait her refund, and immediately search for a new project. No need to take the dizziness, immediately move on.

As a bounty hunter, we must always be prepared to take risks if the coin project we are promoting ends in failure or even fraud. Of course events like this will surely be experienced. But good for the future we can be more careful in choosing the project we will follow, one way is to see the reputation of the team and the power of the community (Telegram group).

This is one of the risk of bounty hunters, even if you find a good and legit campaign, it's not a guaranty that you can make a profit after months of campaigning, there is still the risk the ico will not push through or stopped I have seen that on so many ICO its part of the game.

It is one of our risks in joining the bounties. What we do right here is helping them to promote the ICO project minimally to reach the softcap. However, sometimes, the ICO project cannot reach the softcap and this is not the faults of us, bounty manager or team. All of us have worked hard for the project, and when the project failed or don't reach the softcap, we all will not get the payment. WOrk for free. It is usual.

Oh, that can happen too? i did not even think of that. so if something like that happens, you do not get anything for your work? that's not fair. perhaps the ico / bounty campaign operators should have a certain amount for such a case, which they pay as compensation if the ico fails.

I could not check in their webssite now whether they reach soft cap or not and i think the ico now has been fully done.
I hope it can reach the goal since the idea is simple and good to realize in real world. Most the the problem is adopted the cryptocurrency into real world.

Joining bounty campaigns includes the risk of not reaching the cap thus, bounty hunter will not get paid after the work done. Experienced some of these which has upset me. Worst is, after successful campaign, bounty hunters are ignored and not paid which is more disappointing.

It seems to me a reasonable condition. If a project is apparently hasn't been able to reach the softcap. And in the end had to refund. all you need to do is immediately seeking another ICO project. While waiting for the refund of your capital. soon moved on, not have too in later regret .

Just keep the spirit alive in doing bounty campaign.  Everyone is experiencing not being paid in bounty because they have not reach the softcap.  I hope they still pay the bounty campaigners because they have done their part in promoting the project.  This is the risk of being paid in token instead of ETH or BTC.

This is why if you're looking for a bounty, you better ride on with a campaign manager that is trusted and responsible and if possible with an escrow.

This secures your participation whether the ICO goes on success or not but these things like this are inevitable so better to start trading for improvement so you won't rely on these.

It can only be said that this project has not been successfully financed. If it can successfully return the funds, then it is still good. Only the bounty participants have nothing. Now that the market is in a sluggish state, this situation will appear more and more.

Well, I guess one of the many issues bounty hunters face today is that they compete and want to do as much work as possible without a proper research on the project. It is quite common thing that projects don't reach their softcap as hundreds of new projects pop up every month and probably 10% of them make it.

Most difficult news you want to hear from any  ICO as a bounty hunter. Having worked for so many weeks and you read such announcement its heart breaking . unfortunately, bounty hunters have to take it  because its not the company' fault

it's a risk in joining every bounty campaign, you are not the only one who fails in a bounty but all members almost feel the same, I suggest to join a project that has raised a large amount of fund or surpassed softcap

It's a hard-to-accept fact in terms of your efforts for bounty work - marketing the project or investing in it. However, if judged fair, the founders or team DEVs are the saddest about their efforts and dedication in the project is a failure. We also need to recognize, understand and share it with them. Because, that is what nobody wants.

It can happen a lot with bounties and if they do not raise as much money that they ned for the project they often stop the bounty and signature campaigns as there are no ways to end up paying out the rewards that are due to the bounty hunters. It can happen sometimes and it nothing new, what you should do now is to find a new bounty to participate in

It's a terrible phrase for any member of the bounty campaign. In order not to hear it, you need to choose the bounty campaign very carefully, but in some cases it does not help...

"Unfortunately, we did not reach our SoftCap" one quote no investors or hunters don't want to hear or see. After do much work done and spirit upliftment and then that happens, it brings depression but then spirit needs to be lifted again and make room for another bounty to come in and with that fresh start for rewards arise.