Bitcoin Forum

Bounty hunters have become so useless that they now offer an ICO nothing. All their Facebook friends, Twitter followers, YouTube subscribers, whatever -- its all fake numbers and they always do the bare minimum to promote an ICO. Even ranks on this forum are faked. Merits are bought and sold, accounts can be farmed, purchased, for absolutely no purpose other than to spam this forum with useless information.

And what kind of traffic do they end up driving to an ICO website? Almost nothing. Most bounty campaigns literally have more participants than they will ever receive hits to their website, meaning the average traffic driven to a website by today's bounty hunter is less than 1 visit per month. Again, its because of all the fudged numbers. Everything is faked, nothing is real. There is no quality control whatsoever.

I really don't understand why anybody does social media bounty campaigns any more. Translations, graphic designers, website builders, app developers -- those are the real bounty hunters. Social media bounty hunters are just scum sucking parasites. They root through garbage trying to collect digital specs of nothing, leaving a trail of trash behind them.

Nobody wants to learn a thing about anything -- they just want "free money" as easily as possible, which usually ends up being worthless anyway. Would most of you just be sitting around doing nothing if you didn't consider this to be a means of "employment"? My guess is the answer is "yes." Feel free to correct me if I'm wrong.

Currently there are many bounty hunters who only use a Newbie account. Which means they have created a new account, maybe not just one.
Lots of people who have multiple accounts.
better in the future, allowed to join the Bounty is a minimum Jr.Member account.

I also often find people who intentionally use my account username to follow the bounty.

So you only found this out now? I might even say a higher number than 95%. With all due respect to other social media platforms, the only place where people actually can get good value with "bounty hunters" is certain type of influencers, some of them you can find right here on this forum.

But you're right. Most of them are utter rubbish. Posting to thousands of fake followers and subscribers - and let's face it, they need very little effort to post anything substantial, and why should they? Projects pay the same shit to a good poster, and a bad one.

But you know, they were as shitty as they were in 2017. People only noticed because of this bear market.

I do not think it has any influence, buddy. Do you know that a community of 500 people can create a huge effect? Especially for those who are looking to invest in ICO projects, the writings will be greatly enhanced and it will have a powerful effect on investors. such as Wepower. It was very aggressive and thanks to the bounty hunters, the project was successful beyond expectations.

I just don't understand why ICOs continue to employ bounty hunters. Do they not know how to read website analytics? Having to crush the price of your coin or token by handing them out like candy to useless bounty hunters - who immediately dump said coin the second they get it - makes no economic sense.

I have same opinion. But you should also exclude from your list translations. Most of bounty translators do not care about the quality and they simply copy-paste into google translator and new translation is avaiable!
Social media campaigns were useful when there were only few ICOs.

Many times my bitcointalk profile was involved in bounty campaign which I have never joined.
There are more scammers and fake profiles than you can imagine! Be careful, bounties are under attack and greedy hunters will destroy the future of bounties.

 graphic designers, website builders, app developers are not jobs for bounty hunters. These work are done by project development team or outsource team and they will not accept token payment ( not listed token / non value) for their hard works. In fact social media and youtube bounty have positive effects to the success of an ICO. I have invested in some projects which i found them when i was scrolling my twitter feeds.

It seems you do not understand the crowd law. When you are an investor, you see a lot of advertising on a project, you will definitely pay attention and will want to learn about it. The purpose here is to crowd effect. The more it appears, the more it will affect your psychology. I think you have a very wrong view about marketing.

No they are not. It happens, because people are taking part in bounties, without knowing in what project they are participating. I bet with you 70 percent of bounty hunters have never read the whitepaper of any project.

So can you suggest me, how to promote ICO widely, and the cost to make it cheap? Bounty has met these two needs with many advertisers and cheap payments. If there are other ways to advertise, then surely its price is not cheap

Bounty projects will still start climbing very soon, so I would probably take part in all projects that today have a value, at least a small value, so that we can work with it in the end, I am sure that the bulls will come to the market.

At least.. they spread the project so everyone could see the project is running.
Nothing bad with bounties except the dumper when the tokens enters the market

Yes, that's right, very few bounty that will give a profit, as ico. Very hard times now in the bounty industry, perhaps in December the situation will improve.

I was involved in bounty programs last year. But now it is absolutly different story (( But I am not sure we have 95 % bullshit. A lot of not fair ICO teams, but it is 40-50 % not 95....

Unfortunately, this is one of the biggest problems. Officially the project dumpster occurred in the market. These should be accompanied by at least a minor restraint. Or they do a lot of damage to the crypto market.

Wow good morning my friend.  I agree completely agree with twitter, facebook and other social media bounties. But content creation in youtube, medium or bitcointalk signature campaigns are different then the mentioned above for me.

It's the mere requirement for the job but the thing is you are spamming your fake profile with posts from a legit ICO , I think that is more of a downside for the campaign you are promoting.


Marketing it is. I am also hyped by ICO projects that I could see on my social media channels but when I see them very often, I think I'd ignore the project because of their improper marketing strategy. Flooding posts is really annoying and also a reason for report than promotion.

Yeah, sometime you will find like that. They will use our username, profile link, and our work but filled wallet form with their wallet. So, they can get paid without hard work

That’s absolutely right mate.

The social media campaign is just a bread and butter of those greed accounts
And most of them are using fake friends.idont know why now this side of bounty gets more percentage of alotted profit,while others become lower.i agree on you that this must be stop

      The problem is not reward hunters, but only ICO scam or shitcoin projects. There are so many ICO SCAM projects that bounty hunters have to sign up for as many projects as possible, just to get some projects to make them profitable. Being enrolled in many projects, from the time crisis, it's normal to treat them superficially, because they will not all make you profit anyway. It's a very bad time in reward campaigns, and that's due to 100% of the shit projects that are now on the market.

I think gone are the days where it’s easy to accumulate fake followers on twitters and fake friends on Facebook

You cannot have a new Facebook account without a proper photo, fake profiles are deleted forever
55% of all fake accounts followers on twitter have been deleted ( if you noticed the reduction in your followers )
I have no information about youtube
But reddit suspends account on multiple users

That shows that bounty participation will be corrected soon

I can agree that there are people with high rank accounts and that the accounts were not originally theirs, but saying that bounty has nothing to offer ICO is what i will not agree with. No  matter what, there are still people who do their works genuinely

Well, i think you need to do more findings to justify your point.

I knew you should be a bounty hunter too, but i was wondering in what capacity you participate in bounty... Now i can see what you are into and because all these bounty hunters share from the tokens you want for yourself alone, you are now looking for ways in which they can be stopped.


Let me be very sincere with you as a friend to a friend. I am not into social media bounty, but i would say that information can also be easily accessed through social media and some projects enjoy this benefit.
The announcement thread you are into can be more accessed and easily reached, because some signature bounty participants are going about on the forum, carrying the emblem of the project, which will make potential investors to want to search more on it and by so doing come across your own translated version of the project.

Everything works hand in hand. So do not castigate them.
Know this also, that a tree cannot make a forest.
Your nature of work alone is not enough to make a project succeed.

Do you think the few number of people that participate in a project will make the project?
ICO lunchers and bounty managers know what they are doing, which is why they include social media bounty.

If your advise is followed, i am very sure such project will not succeed.

Your opinion is not entirely correct. One of purpose of opening a bounty program is to grow the community. They hope the existing community will help in achieving their goals. Of course the work orders given to bounty hunters are to promote the projects they are developing. So in my opinion the bounty hunter also has a role in it.

I think you're completely wrong with your assertion that bounty hunters are worthless and didn't offer ICOs anything,  yes there are fake bounty hunters that are cutting corners but truth be told, there are so many bounty hunters that do their task diligently and mind you, you can never underestimate the power of crowd force  bounty hunters are generating a lot of traffics to ICO websites

I have a lot of disagreements with your post and I would love specified proofs

Firstly, what proof do you have that 95% of bounties are bullshit when 95% of icos are not bullshit or scam

Secondly, what do you mean by social media campaigns section does not serve purpose for an ico project
I can guarantee you that participants from close to over 100countries participates in bounties making over 2 million post during the course of the campaign

Are you sure social media campaigns are irrevelant ?
What purpose does translation serves ? Only specified countries and highest translation campaign is 8 counties

But social media campaigns comprises of both Europe, America, Asia and Africa, so please explain your points sir


Finally, you mentioned that bounty hunters dump ?
Wow, investors buy over 45% of total supply and you blame over 100,000 people who splitter just 1%

Please make a review and provide answers

That's President Duterte talking. Yes we all know the straight talking tough guy is famous among any other leader in the world. But I bet he knows nothing about marketing in the forum which works than any SEO and advertising company who will still end up hiring a bounty manager here in bitcointalk for signature campaign.

Is the EOS and ETH part of that 95%?

Well said, on one comes here to make fool they desperately work hard to make their project success. But unfortunately they fail bounty hunters try their best to develop their project well time matters for everyone.

Don't take seriously Bro ! all Bounty is not Bullshit, but there is a part of Bullshit ICO, we have to analyze every ICO that has great potential for success. minimum ICO sales reach Softcap.

You must learn to choose a good ICO, there are many things you have to analyze such as vision and mission, team, advisor, partner, features, and future prospects.

for people who don't believe in bounty really pay definitely say that. but for me who followed the bounty and got a lot of benefits from the bounty campaign I would say there was no nonsense with bounties. indeed, for a lot of bounties lately that ended badly, even many did not get paid, but that did not make me afraid, I just needed to be more careful.

Indeed, many hunters get tokens for useless work. Many people do not even study projects, but simply do it for the sake of quantity and "suddenly get lucky." Personally, I do a video review of projects. And before making it, I carefully study the project, consider all the positive and negative qualities of the project.

I have the opposite story to tell, as a part-time bounty hunter doing videos and blog reviews mainly and signature campaigns, I have always put my utmost care and attention into doing my jobs with conscientiousness, but you tell me if in the last few months I have earned even enough to pay my internet and not getting hardly any tokens or payments from bounties in the last six months, almost made me homeless just before Xmas, I will have to say most of the ICOS in 2018 have been BS since the crash of the market in January and although I still do some bounties in the HOPE some MIGHT actually pay out, I have stopped thinking of bounties as a way to work and earn a living. Now I just look at them as something I MIGHT earn as an extra side thing IF I am lucky. I am tired of chasing and requesting payment for jobs rendered, only to have those ICOS scam, or the tokens never reach an exchange.

I think it's morely on the hype side that's why the more bounty hunters then the better.

The fact was like that, every bounty hunter especially comes to this place or spend money to invests in cryptocurrency just following what someone else has done. They only did if someone else has done it, without realizing and that it was a useless act. I do not mind if someone is looking for money in cryptocurrency only as an additional income, because I am sure that cryptocurrency is worthy of being used as such. But usually those who aim for it are not very concerned about the aspects they will do, they should do what they have known beforehand either from the method or the research they have done.

Funny as it is,  I was once a victim of hack.  Someone hacked my bitcointalk account and changed my details.  Apparently he intended to sell it, but it was later useless for both of us.
As the op has said, bounties are not what they were intended to be anymore. Imagine twitter for instance, my timeline is usually filled with many useless tweets and retweets which say little or nothing about the project. It's time the whole bounty thing is reshuffled.

Fake accounts are not new to bounties especially for the participants in facebook, twitter and telegram. Since there are thousand participants in some campaign, the shit participants are using this time to register but does not do anything to help promote campaign. If the campaign succeeded they will receive stakes. But this time, legit projects mostly does not meeting its softcap or hardcap even though there are so many participants because these are fake accounts. Sometimes, there are multiple accounts in one campaign.

A portion may be considered correct. The current market is so difficult for ICOs to succeed, when they can not call up the required amount they can pay to the bounty hunter very little, seemingly insignificant.

Imagine some bounties locking payouts for many months without paying. Even the supposedly good projects don't have good token economics. The tokens don't rise in value as the project becomes more popular . I must say it's kinda frustrating,  but I'll still keep on with them in the hope that things change.

you're missing the point: most bounty hunters use fake followers, friends, subscribers, etc. therefore they are not really creating a "crowd effect" at all, but simply whispering into the wind. I recently had access to the Google Analytics data of an ICO and saw that in a 1 month bounty campaign, with 20 bitcointalk members wearing signatures, it drove exactly 3 hits to the project website. A complete waste of time for both parties involved.

Twitter, Google, Facebook are just as bad. A lot of bounty hunters complain about ICOs being scams but really they are equally as bad a scammer themselves by pretending to have influence they don't actually have, therefore both parties lose and nobody wins. I just don't understand how anybody makes money this way.

Do you guys really make money being a social media bounty person? How much? Like $30 a month? I'm genuinely curious.

Most of those types of newbies are bots with autoposting software connected with bitcointalk making bounty reports for social media especially. You can detect them easily - just watch those topics where bounty campaign has been closed and topic was not closed - you can see those guys posting reports over and over again.
And you are right.

Nearly all the ICOs are hot garbage so it's little wonder that the bounties and signature campaigns do little to make them successful.  Real projects with technical merit easily just get lost in the noise, so this bounty BS will continue.  That said we are looking for a manager to bring awareness to our project, which will not be doing an ICO.  

I agree with some of your option but not with all. These traditional bounty campaigns were useful but with increasing number of participants people try to increasing their amount of friends and subscribers. But in option this traditional bounty rules must be updated. I believe social media is good place to promote anything but it should be used with proper plan. 

I think the reality is more than 95%, even if you choose a good project to join you are still more likely to receive nothing, or a small amount of money than effort spent.

Bounty campaigns is an element of marketing. The projects do not spend anything. They pay for the work their own coins, not real money. This gives a certain effect. Perhaps it does not attract large investors, but it makes the project more famous. This is aggressive marketing, which gives a certain result.

not all bounties can be successful, there must be people who just want to get a profit. You cannot make such statements by talking that almost all bounties are bullshit. if you are more careful in choosing a project that will be followed it will not be experienced by you.

Not really all , it is not 95 % the bounties are bullshit , there are really bounties that are trying to promote their project in a matter of good ways , bit there are also reslly bounties that are not honest and are serious scam bounty projects ,trying to make victims to some investors ,but not really most bounties are like this , there are bounties ,that are really well deserve support bounties.

I agree with you, most of what you have described is really true. Bounty companies and bounty hunters have really become a pointless appendage to the system. All in order to make money, but they have really can not earn only if you are not a trader, but if you are a trader then this forum you basically do not really need.

Very fair statement! I, as a bounty hunter, can say: 95% or even more companies are cheating and their tokens are worth nothing after ICO


This is a sad statistic.

I think even though this are your ideas using bullshits to classify bounties are rude and disrespectful
Why ? Because you mean 95% ico are fake too

Which means you rank Etherum and eos in such category
Please provide more information to solidify your stake and claim

As far as social media bounties are concerned, everybody can do them. But youtube, articles and translation, that is completely different story. You have to be at least educated a bit to be able to translate between different languages.

Haha very true  :D
I also want to say, if OP want a fact, 96% of blog bounty participant, their post are worth nothing and i know this since first joined bounty world. majority are new blog or blog without visitor, very small effectiveness or none at all. Still they get accepted

Then why bounty manager or dev still accepting those useless post and blogs? because their token also worth nothing. they can get in trouble if they use high marketing like adsense or hiring high quality influencer

I would not say that this is such a large percentage. rather, he is less, but he agrees that a lot of the bounty campanias turn out to be scam

unfortunately this is true and now there is a lot of scam and hope in the market than to participate in a project, you need to study it very well because there is a high probability that you may simply not pay it

Don't be curious about that $30/month they got. Just be curious whatever is here laid on the table for you.  A week later you'll realize its not worth talking to convince anyone to stop promoting ICOs, they are here to stay and bounty hunters stay. More projects to come for there are more platform battles ahead. The money going into crypto is less than 1% of the worlds money, we're working double time. Don't try to resist.  ;D

It is good advice to follow the rank limit makes the bounty for all types of campaigns. the social media campaign was indeed followed by many accounts a newbie and this may indicate that it had from a handful of people who make a new account. This is the garbage that's bad for bounty and even been mushrooming since a long time.

Rules in various bounties, for social media there are conditions that must be fulfilled in accordance with the Bounty, the hunters try to qualify in these conditions. Not infrequently they use poor methods. But I'm sure, in the world of cryptocurrency and the real world. Good and bad traits must exist. And naturally good things will still win.

Are we talking about bounty programs from icos or bounty hunter because the poster of this topic made everyone confused

True... garbage attracts garbage. I just know that if I ever ran an ICO I would have very strict controls on my bounty program. Copy/pasters automatically disqualified for

-forum posts
-social media posts
-blog posts
-whitepaper translations

I know I'm just a Jr Member but I would also limit participants to Member and above.

For anybody who thinks I'm a bounty hunter, I'm not BTW. Never participated in a bounty, don't plan to in the future.

If you find something like this, just report it to the Bounty Manager and the usual boyunty manager will give a red stamp to the duplicate account in the spreadsheet.
Then you can also get more value when reporting cheaters, from some manager's bounties.

The Bear market has crippled the returns for the Bounty hunters whichever Medium they choose to subscribe with. I did some quality control for a project at the end of 2017 and 75 - 80% of the content created was simple copy and paste of the whitepaper or announcements. It's true that a lot of people will put in the minimum amount of effort required to try and claim their stakes. As far as the companies go, however, I still think it is cheap and effective advertising to use bounty hunters don't forget the tokens actually cost them next to $0 to mint.

You're right about the bounty translator. Whitepaper with good translation is a must in order to get better understanding about the project but i found that many of whitepapers don't have a good quality translation to my local language which makes the reader a bit confused.

Hate to say but what have you saying is probably right...
Also, I see so many Bounty campaigns let many people join without limitation of participants. It makes many of us only receive a small amount of coins/tokens that worth of penny for our hard work...

You are right, the participants are beyond the limit this makes us to receive very low coins / tokens. If the value of cryptocurrencies are good then we can expect a good payment. Else our hardwork will go in vain, once I received $20 for a project which I worked for 8weeks. I was really disappointed at that time and even thought not to work for  bounty campaigns anymore. Few weeks later I got a good income from other bounty.

Those useless posts and blogs will still be use as advertising, even how disgusting it is it will contribute to the ico.
Bounty managers are just here to manage the bounty and they care less whether it's scam or not, as long as they've been paid then it's fine.

---

This year is tough for cryoto space as so with the bounties, and it's up to us whether to continue or not. I know there's something inside us that wishing we can get back the old days.

Mostly I agree with you but angry or complaint is not worth for you or us, scam bounty program is part of risk. If you can share your parameter to chose the right bounty program it will help us to create income, not only you mad everyone have the same feeling. Or you can share how to make money out side crypto market, many good post you can make besides complaint.

These are all correct and the disappointing part is that we as a bounty hunters are promoting a scam project and became a victim of this scheme. 95% is too much to give for scam ICO because there are still some projects with real motive and dedication to develop the project. I will only give 70% to 80% are scam ICO so i always apply deeper ressarch before joining the bounties. Im not in to social media campaign because it is a waste of time honestly.

I'm no surprised cryptocurrency has become a target for scammers and its nothing anymore for bounty hunters ,ethereum has become the easiest source for scammers through erc20 tokens so I agreed that 95% of  bounties are trash and not worth the time

In this I fully agree with you, they made a free pie for everyone from the bounty, but investors with the title of senior member will not participate in them knowing what they will get as a result. Therefore, this work should fall on the shoulders of the managers themselves.

Social media is one of the great way to promote, the developers and marketing need the influence of the followers in social media, unfortunately I agree that most of the bounty hunter now don't really care about promoting the project, they just care about making money, and going to dump the coins as soon as it hit the market

I fully agree with what you say, there are many bounty hunters who violate the rules especially in their campaign work.
this is a fact that happened, but however there are moderators here who know that better, and I think design by design is always trying to overcome problems like this. for example now, to get merit is not easy.

Let's face it, utility tokens are barely useless without large mass of community and to even add to the above bounty campaign is the cheapest way of advertising your project.

In as much as I believe you title about having such bounties, I notice you really sound pained and some of the positions are lacking on objectives, If you had been a developer or have tried promoting your project by involving hunters and you do not get results via them then we could understand with you. The developers and the bounty managers already know best and why they still employ all these in promoting projects. If a particular is not yielding result, it would rather become useless. So I think the bounty managers and developers already know what they want and the best channels to promote them

I think there are few people do this, but what is wrong about free money. All of us joining because we want to earn. And I believe because of joining, we learn about blockchain.

I accept that a lot of ICO advertising is fake and just to make it look like an ICO is more important or popular than it actually is. However, a lot of social media bounty hunters are the same way -- fake and unimportant. They might have 5,000 Facebook friends and not 1 real life friend who cares about anything they have to say. Frankly I don't understand why there's bounty campaigns at all. Just seems like a tremendous waste of time and resources for everyone involved.

Nobody answered my question: what's the average amount of money you make per month in your bounty hunting, in terms of dollars? $30? $300? $3? I wouldn't be surprised if its actually $0 for a lot of people, who would perhaps be completely unemployed if they weren't doing this, and they just need a hobby or something to fill their time.


Yes, this was the case.


No, they really do not. A lot of bounty managers also try to do as little actual work as possible and get the most coins/tokens for themselves by manipulating the bounty. If they aren't rewarded on a performance basis they have to incentive to actually contribute to the ICO in a meaningful way. You would think they would want their share of the ICO coins/tokens to be worth money but a lot of them are too shortsighted to see this.

Holy cow you have 1477 posts and 1 merit! That's simply astounding! There's no such thing as "free money." If you're "earning" something then you're working for it, even if it just means spamming social media and this forum. I have a hard time believing you've actually learned much about "blockchain" however.

Not 95 percent are garbage. There are still some great bounties left. Have you already took part in 100 bounties or did you do 5 campaigns, without any research and go scammed? Just be more advised and select better.

The situation in which there is a very large number of projects that are not promising - is the norm. This fact contributes to a more careful selection of projects for investment. And do not forget that venture investment is one of the most risky types of investment.

Why do they have to limit participants? They want as many participants as possible, because their ICO will be well known. Only we think that we should limit the number of participants because of our personal interests and of course they will never do our will

Bounties are not bullshit actually all the ico's are suffering from great loss due to people are less interested due to too much scam projects. There is nothing wrong in the bounties.

I wouldn't say 95% it's a bit of a high number but certainly the majority. The low end ones just turn into worthless shitcoins, But spare a sympathetic moment for those that invested

Perhaps you are right about something. In fact, now they are actively working on it in all directions, for example, with blocking Twitter-accounts, on this forum strict rules regarding beginners and increasing rank are also introduced. What can you offer?

Well I would assume that it is a known fact to most people that the social media campaigns dont have any intrinsic value for the projects and their ICO/exposure, but it can still lure newbie investors into investing when they see a big community, a lot of retweets, followers etc. so I suppose they are still somewhat valuable to an extent.

Most people or bounty hunters I guess do really have this kind of target in life which they don't bother themselves to get a day stable job and let these bounties to be their main job.Im a bounty hunter also but
we should not really treat on this way because we already know that this isn't a guarantee to make money anytime.Those joyful days are over where bounty hunters can make decent of amounts but now
it seems really impossible nowadays. We all see Is spam neither on this forum and on social media.

You couldn't say better, I applause. If only I had a merit, I would definetely give you one! Devs must take another look at bounty campaigns. Social media bounties are really harmful for projects cuz they provide the web with a lot of spammy hashtags.

Of course not,I personally did the bounty in the 17 years before the recession and after the recession,Yes, of course I can tell more of a matter of companies that do not pay and doesn't,or just don't collect money during ISO,but thus all the same token people do not get who advertised,so it's not that a lot of the SCAM emerged,and the market has become!

95% is too big a figure, you exaggerated very much!  I'm sure that's a very strong exaggeration. Yes, social security companies are now meaningless by and large. But still there are good bounty. Just too many members so the payments are small. And projects the normal.

I can not agree with the statement that every bounty hunter is useless - for example Telegram chats and signature campaign... You know nowadays taking into consideration the amount of participants it is really harder to get the content of good quality from the participants, because they are oriented moctly on the quantity and rapid income. But the managers made the rules of participation more strict, and some of the managers limited the amount of participants as well. So not everything is so sad)))))

There is no hard and fast rule to the success and growth of ICO campaign, the unique and quality proposition is welcome and sometimes  gather interest more than what was envisaged! Bounty has influence in this regard and bounty that is target toward btt and other cryptocurrency community apart from social media do have huge impact on the outcome of good ICO!

If is difficult to say with such confidence about 95 % bounties  I know some people during last year's cryptohype had made some good money from different bounties selling tokens in proper moments,I know a guy who made a couple of  thousands dollars even from airdrop ! So you never know ,it is all about your luck.

You got a point. Many people are flooding here and are full time in bounty hunters. Spamming the threads and telegram groups with multiple accounts. But we could not do anything about it.

I think bounty hunters also give a big part in the community that is why ICOs hire them for promotions. There are also a lot of bounty hunters that started from scratch and are now also investors in coins, because they are the first to learn about it during application. Ie personally known some people, mostly my friends that have stopped participating in bounties already, and focused on investing.

There are so many scam projects all over the crypto space right now. i just discovered that a bounty i did their signature for over one month before bitcointalk reduced my rank has been a scam. after all my effort that i put in

Although this is the case, I think it is not only because of the greed of the bounty hunter, but because the project side favors such a cheap promotion method, knowing that it is the cheapest to use the bounty campaign for promotion on BTT.

The whole system should be filtered starting from team to hunters do you think many team with bad intension mind what qualify of bounty hunters they use in prompting their ico, how good a project will determine how hunters will present them to prospective investors.

You cannot blame these ICO they want buzz and they want social media to get a buzz on their coming project, because they want awareness and it will contribute to the success of the project, and so they think it is, so social campaign are here to stay as long as there are ICO to promote.

Every year there are more and more participants in the bounty , and they are all fake and have always been fake with regard to social networks.

I merely understand this case, honestly due to greed and others, many bounty hunters creates fake social media accounts in order to gain more stakes and others, are they not contented of their stakes from other campaigns they joined? But, not all, there are still honest bounty hunters doing social media, like me, check my facebook account used for bounty, its real and most of my friends are irritated because i spam the post.

95% is only true to those who didn't hold and found out the price rise up while they have sold their tokens at loss,.


That might change now that a newbie has to earn merit or buy copper membership before they can join a campaign. Its not a walk in park this time, they'd have to at least learn blockchain now other wise they won't have anything to write in the forum to participate a discussion. Soon theymos might change the rules to make it more than 1 merit to be a Jr.  that would be to end a game.

I completely agree with you. We need Bounty only for hype, that's all! It doesn't attract any real investors at all, and it's a pity! Indeed, Bounty is not as good way of earning as it was at the beginning of this year!

Yeah, okay but is it even profitable to do multiply accounts and use them for bounty hunting? Not many tokens are worth at least 'something' to say it is worth to take risk in doing that.

Well, how to tell you. This is true, but for such campgain as twitter, facebook, bountyhunters get very little money and basically everyone participates in these camgains. Good money get those who do quality work. For example, a good article, a signature, is now very much appreciated Reddit and Linkedin. It may seem strange, but most bountyhunters are also investors. therefore, joining the bounty, some also participate in the ICO. So I don’t think you’re right to the end.

This is so untrue. What is happening is organized groups are putting hundreds of fake accounts/bot in the bounty to steal 100's of thousand of dollars. When real bounty hunter who make good content see all the fake accounts they don't join, so project are stuck with fake accounts that just spam posting low quality information...They translate BS articles in 10 languages by google translate and post under fake account. This is because the bounty companys out there are too lazy to check carefully.

Also as you said in your post, the Translators, graphic designers, website builders, app developers are....actually....the ones how have formed organized groups and scamming bounties. Using their technical knowledge to loop bots to spam airdrops for 10's of thousand of airdrop tokens!! Sound like you understand what I mean...

These arent bounty hunters doing this.... The organized scam groups are making newbie accounts to spam post bounties articles to hide their tracks as the move on to new bounties. But there is high level software out there that can crawl BCT, BTc/Eth addresses, and online bounty sheets to reveal a link to accounts that the scam tokens are cashed out from.

But initially does not understand normal bounty company or a Scam. It becomes clear on the attitude of bounty managers. And in General, there are also sites where you can learn more and read reviews

if regulation does not come to the closest time to the main airdrop event will be turned into this job. so much effort is spent. The figures taken in return are almost the same as the airdrop figures.

it’s too big a percentage, in fact it seems to me that such a large number of projects really cannot be scam projects, I just don’t believe it, because if this is the case, then, unfortunately, collapse awaits us

Too many scams. I think it will be somewhere 70+ percent. But it's not 95. Everyone not everything is calculated at once.

Again, sources can be unreliable. Here suggest you a good friend of the ico and it has paid off, put all right, you win. And on the next ico already framed. Because you have to think with your head first of all

 ;D LOl ;D  You do not understand nothing in the advertising business. First for the company it is free. Why do you ask? Yes, because not all companies go public. Subject to scammers. Secondly 5000 people X 5 posts per week. 25,000 free posts.

I think that is what is really happening through the bounties, most Bounty Campaigns will say that they are tracking your followers and say all of this stuff, but in the mere fact that a lot of people in the forum are getting away, lots of people involved in the Bounty are having multiple accounts, just for the sake of the ICO, and on the other side is that you've invested in your hardwork and time doing these campaigns and then you ended getting none because they made you think of how legitimate they are but ending being fake and getting scammed, its really hard finding a legitimate Bounty nowadays.

I think that a solution can be found in some new bounty campaigns where is required an engagement meter too so that only posts with certain likes/share are rewarded.

Yes, I agree.
At present most of the bounties only promise big gifts but when entering the market prices will fall and we only get very little profit, beyond our expectations.

Bitcoin, Ethereum, Altcoin, ICO, Market / Exchange and bounty is an interconnected circulation. If Bitcoin improves I think everything will start to improve, for now I just keep trying to follow a lot of bounties because we don't know which projects are going to the moon.

Congratulations, dude, you finally understand how it all works ... The problem of low quality work of bounty hunters exists and of course it must be dealt with, but you need to pay attention to the same disgusting quality of the projects that hire those bounty hunters. Fake "blockchain developers" hire fake "promoters" to advertise them and pay them with fake tokens ... Unfortunately, that’s how it is now and we have a lot of work ahead to change it  :(

hmm, there's no free money. so I don't think doing bounties equal to want free money though.
human is just so greedy, so there's always some trick to cheat the system, even there isn't merit system, must be other way to cheat more.
so I don't think it's the problem we can handle

Some Users here in forum participates in bounty campaign not to make it as their job or depend on it, but to promote the campaigns project which they see to be a good one, hence paying their participation and prpmotion after all. With that perspective, bounty hunters are just mere part time job workers working for a single penny over their efforts for a project. But you can't just blame only the bounty participants, you must also see the side of scam ICOs which is spreading nowadays with their fake team yet having a good platform or intention.

As for me, the demand corresponds to the supply. If there were not so much garbage in the ICO, there would not be so many bounty hunters here who do not even try to write at least one worthwhile comment per week...

I'm agree with you, 95% bounties are scam and doesn't pay for hardwork and that ICO project makes whole market down. This year, we all know is the bad year for cryptocurrency world, because of scam ICO project and it will effect not only market, even bounties also. But the best truth is that now all the people have come to know about it.

I can not fully agree with this statement. There are many types of bounty that are useless - these include twitter, facebook, I think so. But there are very useful and high-quality ones - for example, content creation bounty - this is really in demand.

Yet people are working for that other 5%. There has been people who have made thousands of dollars just from bounties thanks to being part of a good one. If you are part of a good bounty than all other 95% becomes not important, all you need is that 5%.

I can be part of 20 different bounties and most of them may yield almost nothing for me but if I can struck gold with just one of them than all of my effort is paid. Since I can't exactly know which one will be paying me a lot of money I have to settle with the fact that I apply to all of them I can and just try to hope.

If I knew which one would profit me the most than I wouldn't need the bounty I would just get in the ICO and make money that way. No one gets into bounties thinking all of them will make them rich, they just hope they struck gold once.

Of course all subscribers are wound up in all social networks, I also agree here and I do not know how much it benefits . and why their put a in bounty

They should allocate more on article and blog campaign because it's the one that is too time-consuming and can fully explain what the ICO is all about, another campaign that should have more allocation is the signature campaign because of this forum has a lot of investors visitors.

To participate in any bounty, a bounty hunter need at least Jr.Member rank- this rule can be imposed in every bounty then bounty hunters will be aware about rules and regulations. But present market situation is so bad that most of the bounties don't pay, if they pay, the bounty amount is so less that that cann't be transferred by giving Gas fees.

I join the people who say that this is a very high percentage, it seems to me that the level of scam projects today has certainly grown compared to what it was in 2017, but still today there are so many projects that are still being invested

They have really done that, I see most campaigns now prefer content campaigns a lot. The percentage is 30-50% and it is a great opportunity for many bounty hunters because there are very few people involved in this task

you're wrong, not all bounties are bullshit, 2018 is a bad year for the bounty world. this year is not like the previous year.

but, we can still choose good bounties, such as ODEM, ARB, and DCC. so, we must be able to choose good bounty criteria.

Some response make me to laugh,someone saying why do ICO still need bounty hunters,if only you understand crowd effect maybe you will not ask such question.As much as I feels bad knowing that bounty hunters cheat a lot and that make things difficult for some of us that cannot do that.I just want to advice ICO to reduce the emphasis been placed on number of followers in any social media.People are coming up with fake follower just because they know that ridiculous amount of reward are been given to those with a lot of followers.

That's why we have to be careful in participating bounty campaign since most them are scam or will not succeed to their goal, but there are still some legit and good campaign that exist just like my current signature now.

The purpose of bounty programs is sharing awareness about the ICO to a targeted audience and they meet this purpose. And yes, you are right  there are many fake numbers and subscribers out there but still  bounty campaigns are the cheapest (paying in their own tokens ) and most efficient way for advertising an ICO. And as I see you are participating in them, despite they are useless in your eyes.

In recent time, majority of bounties are not really good and some are outright scam that just use bounty hunters to raise money.
I think the reason behind this is because of the market conditions, which has drastically reduced the money raised by ICOs. So when they don't raise money, they won't be able to pay bounty hunters.

Have you received payment for the campaign you are taking now?
I don't think there are many bounty campaigns that actually pay now, a scam might happen to all the campaigns we follow, the reason for proving it isn't scam or not is when we have got the token and registered in exchange.

I think that this percentage is still smaller but more than half of the exact bounty of campaigns are absolutely useless.

Bounty hunters are essential in the core of the advertising projects. Without the bounty hunters, there is an insufficient amount of money that can be raised. Signature campaigns do really promote the ICO. Bitcointalk forum is the most effective way of advertising it.

such a number of fraudulent projects just kills the market and it seems to me that you need to do something with this because it cannot last for long

What I have noticed in the last year is that the number of signature campaigns that pay in btc has dropped dramatically.  Right now it doesn't seem like there are many new ones coming out, although there are still plenty of ICO bounties for suckers to spam in. 

Hiring forum members to spam social media with advertisements for projects that are generally scams anyway can't be that effective, even less so once the eyeballs looking at the spamvertising start realizing that those posts are no better than the e-mails you get for Viagra that go straight to your spam folder.

The spammers who rely on bounties to support their families are in for an extremely rude awakening, and it's probably not that far down the road.

It will be a bullshit if you did not receive anything in return like you have not paid of your efforts, hardwork or your time has been wasted because you were become a victim of scam and failure ICOs too but the 95% figure is big maybe just 50/50 because there are some ICOs that not really meant to be successful specially in this bearish market.

According to the website analytics I saw, Bitcointalk signatures are among the worst ways of advertising an ICO. Every 10 sig campaign participants drove _at most_ 1 hit per day to the website. If you just copy/paste post material or have nothing of interest or value to say, nobody is going to click on your sig. I know people are under the belief that quantity matters over quality, but I have never seen that to be the case.

I think now the chance is even higher, I 4 months more than one project has not paid something worthwhile, all the coins are still not even on the stock exchange, but I associate it with the bear market!

You are not that wrong when you say that many bounty hunters do not really offer too much to the ico they are promoting, but now we need to ask ourselves what is the ico offering to the bounty hunters? And you will see that they are not offering too much either, they are just offering a bunch of coins that have no value yet and there is a high chance that those coins will never have any value at all.

I also think that social networks are not very useful for the project, there are wound subscribers almost all, I think the signature, YouTube, and telegram

If you want to spread information about  your project, then social media is the perfect platform to advertise about your project. Some are scammers, but we can not generalize everyone.

Definitely not 95%. I'm sure there are really very few good bounties, but I don't think there are that few. For me the main thing is to choose the best project and I get it

For sure, there are a lot of bounties that are pretty awful. This happens, because the team is dishonest and are reducing the pool and because of the poor management of the project. We need to be more careful with every bounty.

It’s not that the bounty hunter has become useless, but the fraudster has postponed the ICO market, isn’t it? It's awful, we are trying to find the perfect project, but it ends up being a scam!

Some bounties can be very good. It all depends on how seriously the team takes the bounty

As a distribution mechanism, it still is one of the best ways to give out your token and also get some sort of value in exchange

I have expanded thoughts on the issue here

https://medium.com/talkbitcointalk/the-pros-and-cons-of-crypto-bounty-programs-e839fdf08c42

Right, my point exactly. So why do bounty hunters continue? I really have no sympathy for either side of the equation.

I am worried about the very low value of the coins/tokens when they enter exchange. It also takes a long time to see tokens/altcoins enter market. Hope bounty hunting will not turn out to be a huge waste of time and resources.

I increasingly begin to suspect that the percentage is really so huge, because so many projects today show that they are scam projects. No matter how much we want it, I probably think that it’s still better not to invest at all until you know 100%

you are confusing Iadrop with bounty!And different things if for example Idrop 95% is slag,that's for sure,but if the bounty there is only 30-50% of the slag,and the rest are worth something,at least something to sell,and some of them even will cost a lot of money

The figures you have provided were truly alarming. It should be fixed otherwise there will be no investors left for crypto. I am not sure how it will be fixed but it should ve done as soon as possible. I don't blame those investors for playing safe until the issue on  scan ICO's were rectified.

Even if the bounty is bullshit, it has also brought a lot of money to some people. And it draws hundreds of thousands of curious people and wants to engage in bounty. Only that said the bounty, and said that bounty is not bullshit

This has become possible in every company, and I can't understand the conditions in which we need to perform bounty. Many become angry at those managers and not payments from generosity.

I found a lot of good projects. Now I just try not to pay attention to bad projects. and if you learn how to do it then you will not have any problems. You will not notice disgusting projects if you learn to see only quality

I think that everything is not straightforward, because the situations are very different and now many people will govorit that it is probably better not to take part in the bounty and not invest, but I will continue to do so despite all the difficulties.

Certain generalized opinions are not always true, it is often termed a fallacy in logic, I know a lot of persons who have been discouraged by recent events in the market which is equally responsible for low project turnout. I can see some kind of painment from a frustrated hunter. We all have some kinda frustrations also and the reasons are obvious. But we are still hopeful that is why we are still here.

Of course, it’s bad that such a situation in your case does not seem to me such that without patience and perseverance in this area it is impossible to succeed, and there must be an understanding that money is only the money that they have today and they left . Or do you control the process. Or the process controls you.

Totally agree , I'd prefer to deliver quality ads to the project and to the project was rewarded this good profit , and I will remain then only the very few who will make bounty

I think bounty for social campaigns is important marketing. That's one of the ways to promote the project via Twitter, media, Facebook, or Reddit. There are some bounty hunters who work honestly and sincerely, but there are also some who do multi accounts (scammers). I am among those who work honestly. That can be overcome with KYC. Because they have to fill in their personal data to claim the gift.

Social campaigns have only one usecase: project which they promote will be higher in google requests and nothing more, the most twitter and facebook participants have "follow back" friends and the aren't interested in retweets/reposts which participant makes.

Social media still have big influence to attract new investors and that's why most of ICO projects still considering social media is good place to promote their projects but indeed i have to admit that majority of bounty hunter seems does not too care about potential the particular projects because usually after reach the payment day they mostly will dump the coins

Well, I want bounty hunters to use real accounts. Many bounty hunters used fake accounts. This step must be prevented, if from the start the project manager can choose correctly, many project managers only see the number of followers present. All stakeholders in the bounty must play an active role.

I do not completely agree with you, let's not forget that the cheapest way to advertise bounty campaigns. Normally, you need to pay thousands of dollars if you try to advertise on facebook or twitter. But in this way, you can make free advertising by paying a few dollars to tens of thousands of people.

I am agree with your statement, if I were ICO I wouldn't launch bounty. Fake followers is true, that's why i don't go in social bounties. As for signature, probably it is also worthless, but for me it is a way to earn some tokens for free,so why not? I am pleased to talk here, receive information about new ICOs and so on

I don't agree with you. Bounty hunters create a certain HYIP around the project. Investors pay attention to this. Moreover, the cost of bounty is not so big. Why give up very cheap advertising?

I think that advertising in social networks is also a job, especially if there are many projects. This work is not as laborious as making a video or making a translation, but they pay for it accordingly! Therefore, everyone does his job and gets it!

Actually bounties aren't cheap way of advertising if the agreed payment would be in bitcoin/eth and other coins that are worth to hold.

But somehow its cheap because the bounty itself would pay you folks with their token/coin that doesn't have value in the first place. They are just trying their luck and will pay you something that will not come out of their pocket but with their investors money who would give value to their token.

First of all its spelled HYPE (HYIP is quite different), and investors who have any bit of sophistication don't pay attention to it because they know mindless bots have been employed to spamvertise an ICO. Yeah so basically most signature campaigners are just brainless billboards, and both sides of the relationship are cool with that. But with Facebook its far worse because bounty hunter profiles filled to the brim with fake friends are just posting into the void where nobody will ever actually see it.

Same goes for Twitter, and for the bloggers who just copy/paste the website onto a blog page that nobody will ever read.

Frankly I don't understand why there isn't more quality control by the ICOs. Maybe they are just using you to create volume for their coin/token and the value lies more in that activity than in your ability to actually advertise.

ps: I ranked up from newbie to member after like 4 months and don't even have a signature.

If all ico wont do bounty then how can you earn a token ?  You said you like to earn free tokens but you dont like the idea of bounties , that seem confusing to me .  anyway ,  sig campaigns and social media campaigns or bounties in general are not totally useless because it actually help the ico to gain massive attention and even fake accounts still help the promotion  .

The only main problem with bounties is that they dont pay on time and they are times that they arent paying at all due to some unkown reasons  . i dont know if they were just scam or the ico isnt just succeful  ..

You are right about a social media bounty. Tons of spam, there are not good and constructive posts, dead followers etc. But i don't agree about a signature campaign. Many investors (big and small)  use this forum.
And if they see a large number of signatures, they can become interested. And it is potential investments for some project.

I have seen some projects do pay outs BTC/ETH but only 1% on overall bounty programs and its just rare and I agree that they are just trying out their
luck for the coin to gain some value and they do assure themselves to accumulate funds and wont really use it. Bounty is part of the marketing but for those who market
out the project will always have the tendency not to be paid or would make their task or works to be wasted.

in my opinion there are several actions that can be taken by a bounty manager, for example by limiting participants in terms of levels. I think the newbie account is not eligible to follow the bounty, at least to join the bounty must be jr.member. I see a lot of newbie accounts participating in social media, and we cannot deny that most of them are fake accounts.

I do not understand where you got so much negativity from the participants of the bounty companies? If you say, then you simply underestimate them as they make a significant contribution to the development of any project, and if you can’t understand it, then this is your opinion

Because I had access to the website analytics of an ICO and I saw that for every 20 bounty participants they were driving maybe 1 hit to the ICO website per day.

This is because all the Facebook participants had fake friends and other bounty hunters, same thing with all the Twitter participants, and bitcointalk was driving _zero_ traffic. Bounty hunters just want as many tokens as possible without actually helping the ICO, which is why they are also hurting themselves, ensuring their tokens will be worthless.

Yes unfortunately that is true , most of them are scam and these days I don't really know which of them is going to hit its hard cap because of the market situation , I think bitcoin paying bounties are the best which is hard to find .

It is our wish whether to participate in bounty or not but we have to check with the companies whether we are going to make a profit with the company because after promoting more than 3 months if we won't get any payment definitely it will hurt us a lot. So before joining anything, we have to research ourselves whether the company is reputable or not.

You are very right, with poor market conditions mostly used by fraudsters, who use gift programs to find free money, the more campaigns that I follow until now many are unpopular and also fraudulent, I am frustrated about this

Yes because 90% of crypto market is down at the moment so there is no wonders that ICOs are really in danger and not sure how long they are going to survive and in meanwhile the scammers have taken the advantage and stealing the investors money.

I also feel very frustrated with the current conditions, I lost so much time working on the bounty but many of them did not pay, there were those who failed to reach the minimum sales limit, there were those who were constrained by regulations in their country, there were also arrived - arrived disappearing somewhere. perhaps the current market conditions also influence it all. be patient.

Lol I think your completely wrong on your statements here, where did you find records saying that hunters end up 0 traffic to the ico website?Is it based from reliable statistics or just pure opinion from you? I will give you one example of a bounty site with this complete traffic statistics here it is: https://www.similarweb.com/website/eosex.com#referrals  see it for yourself records dont lie, you just want to discredit bounty hunters but actually its the most effective yet very cheap way to advertise an ICO.       

If bounty is not useful for ICOs, we will not see these number of bounty campaigns that appear everyday. ICO projects might need to pay more if they want to promote their projects in other ways, they also might need to pay in USD because marketing agencies do not accept a token that do not have guranteed price.

Projects that were self-reliant didn't organize bounty campaigns. Example: Tezos, wanchain, etc. but projects without other resources needed the bounty campaigns, the cheapest advertising method.

This is actually the case as if you just see the list of altcoins that were related in last two years and now if you see the market cap or price of such altcoins  their would be a huge difference. As many would be worthless by now, many did not even got listed and only handful exists is among the exchanges which have some decent value in the market.

with the many frauds that are in the ICO, there are also many fraudsters who become greedy bounty hunters.
For social media campaigns you must understand that more followers will make investors' intention to invest in them, which is what makes the team to let social media campaigns exist.

I agree with you statement my friend.It makes bullshit if it is not paying with us and eapecially if we joined the campaign and then again it is scammed.