Bitcoin Forum

One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.

For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.

But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.

How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?

There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)

So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.

Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!

So to all ICOs and IEOs please, just stop lying to us about this!

I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.

Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!

You are correct in your assessment but icos and ieos are never going to change the wording that they are using because it is to their advantage, if they were to say something like that it will be the same as admitting that their coin is going to eventually go down in price and that is like they are admitting that their coin is no good and is impossible for it to hold its price, and we must remember that icos and ieos are going through a very difficult time so I do not expect them to use their honesty as a selling tactic.

Your analysis is very valid. These days, I just participate in airdrop and bounty as a side hustle not really expecting much from the campaign because all you keep getting from campaigns are just heartbreak. Yet when they are asked to pay in stable currencies, they will reduce the reward to almost nothing.

There are a few things you're right about. But I don't agree with you at all.

Bounty or airdrop has a value when everything starts to be released. In Bounty and airdrops, they want to specify the USD value in a way since the project was done before the launch. There's nothing wrong with that. You just felt uncomfortable that there were not many successful projects in the last period.

The awards, which were distributed years ago in the XLM airdrop, reached $ 100K for a period. Even today, if there are those who hold coins from that airdrop, they can sell them at very good prices.

I have a lot of questions. Take the IEOs organized by Binance. They are already raising the price of the new altcoin with BNB. Why is there a draw? Give everyone the chance to participate equally. Let more people invest. Maybe they will do it in the future.

You are very right especially if we consider the market conditions from last 2 years but im still hopefult hat market will improve just near btc halving and will stay bullish from there on for around 18 to 24 months. So expect other coins and new projects to perform better as well just we see in all market cycles historically.

After all, if it is written that the reward is worth $50, it is obvious that the value is calculated on the basis of the ICO price.
Nobody lies, it's just obvious. Because where do you think this value comes from? From a crystal ball?
And as for the price that will be on the exchange, it sets the market. If the projet is good, then this value may increase. Unfortunately, the current market situation make that this value is usually lower.

I'm not into airdrop nor bounty but I agree with that point. They are pointing their rewards to be worth like that but after the token sale, what's next? dumping of tokens and that makes the price even lower. And if you are into that situation that you can't sell it at that time because of some circumstances you are facing or there's a condition that the bounty makers made and you have agreed, you have no choice.

Market conditions are very bad. I think a rising coin of 50% means you have risen well. In this case, it makes sense to make some sales. Reductions are already expected. It is very important to manage the portfolio correctly. These plans are getting better with times

That's a marketing strategy. It's users who should be cautious about what they are doing and should learn more about what they are saying.
A seller would want to sell as much and make as much people advertise for itself. Users should choose what suits than and research about individual project they are advertising for and make a decision.

it is only a sweetener in a promotional sentence, and many investors have understood the meaning of "worth" without connecting it with others. Many are aware that if a coin already has value in the exchange market, there are no guarantees and it all depends only on market movements and the developer's policy in managing distributed allocations.

When tokens are listed on exchanges for the first time, there are many aridrop recipients, bounty hunters, and even investors to sell their tokens. So this is what triggers the fall in the price of the token and dump cannot be avoided, so the price of the token does not match the price at the time of the ICO or IEO.

Dynamic market conditions, demand and supply are one of the causes of falling token prices, but what is more decisive is the projects themselves, whether they are creating a viable product or not.

How about if you join a very good bounty project that 50$ of token in IEO price can turn 100$ when listed on exchange? the choice is yours to make, many new projects are failing because they end up listing on bad exchange, if they list on top exchange which always have good liquidity it will maintain its value or higher

And where does the token price come from during the ICO? It is actually arbitrarily set by the project team. And the general trend is just such that no one wants to indicate at least the approximate actual cost of their new token. Everyone looks at each other and continues to indicate an unrealistic price, that is, they lie. Although it is still very difficult to determine the price of a token in the face of tough price dominance of bitcoin and a fall in the price of the cryptocurrency market.

Every coins has their fixed ico price and there is nothing wrong here about this, project teams are humans like yourself and not all of them are pro, those who are pro knows how to avoid dumps when coins hit exchange and teams who aren't that good did nothing

All you have to do is avoid bounties that aren't good enough or you can join bounties that are already listed and trading on exchange, at least you will know the exact amount the token or coin costs on exchange

Its because the project you promoted is a shit project, stop fooling yourself some bounty projects are just garbage tokens, i have learnt my own lesson this year, now i only promote projects that makes sense, they can still fail but better than promoting repetitive project ideas or no real use case projects

They are not lying to anybody here, every coins have their ICO/IEO price so if teams gives a token value of 1$ and it later drops under 1$ its really not something to worry about, if the project have use case it will reach or even grow over its ICO price, just hold and stay away from shitcoins

If you are the owner of the project for sure you want to keep your supporter at least alive as you are in difficult situation and you still want to market your project, so the least thing you will do is to extend your bounty campaign and seek help for hunters as there's no point to give their tokens on time if it has no value and your project was failed, so let's understand and it's up to us if we are going to continue supporting or not.

How the token is priced depends on the developer. Whether we agree with how he valued the token he created depends on the analysis of project, total supply, etc.
Of course, many projects takes tokens economics in a very unprofessional or even absurd way, but that is a completely different matter.

Almost all airdrops/bounties are like that to invite many participants who want to join. But i feel sad for the participants who joined because they were lied by the project and when they received tokens from their work thats didn't match their expectations

i agree with what you are saying @OP, most of these projects promise bounty hunters of huge gains and rewards yet as soon as they list on exchanges their coins dump like hell. What irks me most is when amidst all these dumps they decide to hold bounty tokens for quite sometime before listing. This is cruel and makes hunters end up with absolutely nothing.

The name of the project is also being promoted, so I think it's appropriate sometimes to save funds, one of the easiest ways to lie against bounty hunters. I think for now being a bounty hunter is not promising and it is very different in 2017. The project is currently desperately managing, in the current bear trend. maybe if next year the bull run really happens, there will be many promising projects, so that investors and prize hunters alike feel the benefits.  ::)

Totally agree. Maybe it's part of marketing to attract airdropper or hunter hunters to be interested in promoting their project. But in fact the price of ico, ieo does not match the market price, causing disappointment. Yes indeed this is just a matter of word play between 'free $ 10' and free worth of blah blah blah coin. It is trivial indeed, but the impact is very effective on the thought of someone to join or not. Because the reference is the amount of money.

as you said it's better but for me personally it doesn't matter if they want to use benchmarks with the final sale price. so far I know that the price is uncertain so I don't feel cheated

Agree with this one. Ive been join many airdrop before and the thing really disappoin me is the value of the token after the crowdsale finish. If i know that the value is that small i will never invite many people to participate i wasted my time and effort.

Guys, but it's not that the developers are lying to you. The bounty campaign budget is calculated based on the price at which the token is sold during the ICO. What happens to its price after entering the exchange depends only on the free market.

I appreciate what you guys have reacted so far. Some of you have agreed with me, but others are not, but it’s okay.

This is clearly something that I want to get out of my chest for a long while.

I know this is a marketing tactic made by ICOs and IEOs, but I call it as “false or misleading marketing tactic” where they made us all believe that these tokens received after completing tasks are worth $10, $20, $50, $100, $500, $1,000 or so.

However, it’s not for 99.99% of the time!

As investors, we are aware that the tokens we bought may go up or down in value. They do disclose to their investors that this is just ICO or IEO price and the exchanging depends on the market itself.

But as airdroppers and bounty hunters, we are being mislead (especially those who are new who wants to make extra free money in crypto) by them, making us believe that we will get that exact fixed amount in dollars or in our native currency. But in the end, most of the time, our tokens got dumped really hard.

This is the sad reality people. They just need to stop lying to us. We are being maltreated, downgraded or underestimated by these projects because they do not really recognize our time and effort in promoting.

So most of the time, we are working for “free”, as our tokens got dumped after trading is live in any exchange (except for a handful of good projects out there).

Some airdrop and bounty programs indicate the price of the bounty pool and aidrop value based on the ICO price and not the market price. It is somehow misleading because it is not clearly indicated in bounty boards or airdrop announcement.

I know how you feel, And it's really hard to accept because ICOs / IEOs are still fooling us on their airdrop campaigns. And no matter what we do we can't change their decisions here because this is how they attract more investors. 

And this is the worst they can tell us when we say 50 $ in their airdrop that we actually receive less than 1 dollar only.

You probably do not understand anywhere.Here the world is ruled by cryptocurrency.In fact, no one knows how much the coins will cost after the IEO or ICO.Projects that hold IEO on the Binance exchange are traded after IEO at least at the price of x2.And no one is outraged. Everyone knows that volatility has not gone anywhere.

that can still be considered as a lie to the bounty participants. Im fine if that will be having a fiat pair and that makes the value is a little bit better. For me, it's better for the ico and ieo teams to put the price after the token already traded on the exchange site.
that just need a small correction about the statement. The developer will still take the ico price as its base price to determine how much will be received by the bounty hunters.
I thought if that will be really fair for the team and the participants to take the price after it has already traded as the base price.

I am neutral not supporting anyone, but I think it's only natural that those project owners only pay using their tokens with the estimated value of their ICO or IEO price, not at the price when listed on the exchange, so if they are already listed on the exchange and traded, of course the price can go down from the price of ICO and IEO, I also don't blame bounty hunters to throw it cheaply it could be done by the project team too, in marketing techniques they usually put hundreds of thousands of dollars on bounty threads to invite many people to support the project, I hope you understand

Are we still trusting these ICO and IEO projects and if you take a study on the number of projects that started in the past three years, you cannot find many successful projects and many airdrops were started to collect data and it is a known truth that all these data are for sale in different sites that sells these data and many airdrops even introduced KYC and i am sure many provided those too, do not trust these airdrops and rather invest in top coins and if people are avoiding these scammers then we will have a drop in these scam activities in the market.

Therefore, we should not be easily fooled by ICO or IEO. I often see airdrops that they spend with $ 50 emissions, and in my opinion there is no price at all, fortunately, if sold for $ 5, it's also the same as a gift like that.
So we shouldn't trust airdrops too much with the conclusion of a big emitation of rewards

Well i kinda agree to that since some airdrop campaigns scams people for huge rewards and many people fall for it the issue was that don't put the amount how much it will be exchange since we don't know how much per coin if that hits exchanges

Why many IEO and ICO running with long time because they can't reach selling target for their coin and keep delay for listing and continue for selling on the next phase, when their schedule selling during for one month but their coin not sold out they will continue for several week later after their coin sold, different with airdrop coin receive by free and have exchange market listing although with lower price.

I think that's what they meant when they are saying "50$ worth of [insert token name]" in the first place because where would they even based their prices from if it's not from their own offered ICO price? I know it's really disappointing for some but this is how it works most projects here who doesn't have a lot of future will bump their offered price since this is what most devs think is the highest it will go at the same time be attractive for potential investors. So really even if you are just participating for the ICO even for it's bounty you should practice "Caveat Emptor" just like what other investors do by doing background checks for the project itself and not just joing multiple bounties as you can because you will just be wasting your time.

Now many ICO and airdrops collect personal data bounty hunters. They do this so that after listing on the stock exchange, the organizers could take advantage of it. Coins will fall in price but the organizers will have a large number of them which they will immediately sell. As a result, the price of the coin will fall further and all investors will find themselves with nothing. Today, this practice is very common.

cheezcarls, I strongly agree with you on your points and I think this is what every participant should have known, irrespective of the time that had been spent in the crypto space or how great the experience is.
We have actually seen a lot of things that happened during the era of ICO boom,  being replicated even now that IEO is trending, just that it is also dwindling.

That is the fact, it might not be a problem during the 2017 season where most projects can reach ICO prices easily even more. However, it seems to be a mode of fraud at this time, where the market is saturated so that prices are difficult to go up. But that is the language of marketing, it is like a public secret and general rules where the value will be achieved if the ICO price is met. So yes we have to realize that, and for newbies of course this will be an important lesson so as not to be easily influenced by the lure of high rewards, it all depends on market acceptance, high volatility, so must be ready to face a variety of possibilities.

While I feel sad for them as well at the same time bounty hunters are themselves guilty of their conditions, if they began to refuse to work for all of those projects that treat them so badly and that pays them in coins that have no value yet and they even force them to go through KYC then all of those projects will have to change the way they treat bounty hunters almost overnight because they need them in order to promote their projects, but since that is probably never going to happen then they have to endure being treated like trash.

Exactly, decisions should be made as an investor and not the other way round. Many fall victim of scam, while others are been left with dead tokens or shitcoins because they allow the marketers or the projects team schooled them to obey their deceits which end up negatively as they invest. Am always prone to scrutiny and ask questions when dem fits, just to avoid loose while I invest on cryptocurrencies.

Thats right. Most projects are cheating airdrop hunters and bounty hunters. Its pathetic situation. If the team is having such views, thats already visible in their investments raised. May be thats karma..

Many new projects only repeat ideas and have no real use case. And I think today many people are choosing to invest in projects that have real use cases and if we are often tired of new projects or feel that this new project is a waste of time, it is better to invest in top coins and trade than bounty hunting.

thats why you should not participated in airdrop/bounty that you know that there are no capital to starr up and use for marketing. If they cant use thier money for the project who else will be invested and choose them to thier money?

OP, i really don't get you because you said airdrop and bounty with the inclusion of ICOs and IEOs are liars yet you participated in one.
Meanwhile, i can assure you that it not the fault of the project owner but the bounty hunters which are hungry to earn some penny for the hard time spent.
What I'm saying is that 80% of bounty hunters of these days don't have the required knowledge to know scam project.

Agreed, that is what they call marketing strategy, managers are using such words in order for them to get the attention of the hunters, seeing a high bounty reward could get an attention to all participants that are hardly searching for a high paid bounties. Us, bounty hunters we need to be aware on what is happening, it is our job to understand how does the campaign we are joining will be, and we can ask the managers if we have a questions regarding everything.

But what they said for me was not wrong and indeed it was a marketing word to attract many participants who took part in their airdrop campaign, and indeed your advice for them to say the right thing was very good action for hunters

Not a great advice, just don't forget that many bounty hunters made a quite good amount in the last bull market. The bounty rewards should be hidden by the bounty hunters, this is not job contract. The fixed-rate per bounty participant will slow down the developing bounty industry and the stumbled bounty campaigns will not pay the token. Why just simply ask the stable coin bounty rewards, wouldn't it be easier?

I agree with you. Indeed, the administrators of crypto projects almost all lie about earning money, well, that’s understandable, since they try to be attracted by the beautiful numbers of the participants, but only then when they call the exchange the price drops 10 or even 100 times and we, the participants in the bounty, get a penny. We are also deceived when they say that the token will go on the exchange, and as a result, after the ICO or IEO, they tell us that they have the platform in the first place, and the token is a three-pronged and not the main part. And that's not all. Very often, bounty participants are accused of selling tokens or lowering the price, but let’s say, many times it was when the bounty participants did not receive tokens yet, and the price of tokens fell 10 or 100 times. To be honest, I’m very sad to look at all this.

Dude, you're missing the point of this cryptocurrency thing. Price is always volatile if it's btc or even alts. There's no way a project will lie to bounty participants or even to its investors by that way. The only way I can think of is when this projects will runaway after they get some money out of their sketchy icos.

This is simply a way of saying to attract more participants, I think the project is also not wrong to say so. I think the Bounty hunter, when participating, already understands how projects are talking about the price of tokens.

This is a strong awareness to bounty airdrop participants about the risk involved in promotion of ICOs  from my  own personal experience as a bounty Hunter I had never been paid according to the expected payout after the token is listed some school of thought believed that it is the market forces would determine the final price or payout however a drop in the price which often occur in most listing means hunters would have been cheated.

I think that is the right thing. Placing payment amount for bounty participants based on their ICO or IEO price. There is nothing wrong with that, even if the price when the list on exchanges goes down it means that the project is not good or marketing techniques are not good from the project. Concerning payment and estimation, this is normal

That's not what it is mate and i believe most bounty hunters misunderstood the whole concept because cryptocurrency is know for been volatile and if the team said a certain (10) token is ~$1 during their initial offering that doesn't mean the price will be the same during token distribution.
Meanwhile, bounty and airdrop campaign are actually not for the same purpose because airdrop was meant for the project to gain more social follower, like etc in other to fast track the project listing on big exchange site while bounty is use to attract the investors.

The answer to airdrop, I guess it is a marketing strategy so I don't think it's wrong to lure "free airdrop worth 50$". To be honest, I'm actually annoyed and very disappointed because of the problem "value" of the airdrop, but finally I realized it.

The answer to the bounty, even though there is an explanation of the estimation in each bounty thread but sometimes this often makes the bounty participants disappointed because of the uncertainty about the results to be obtained. indeed this also includes marketing strategies but this is the most frustrating compared to airdrop.

They cannot stop it because for them the method is fairly effective, but for hunters it is very annoying. even so everything must be accepted because it's free money. I do not support them but in reality this is what we must accept.

This is one of the games bounty managers play to gather members for the campaign. Therefore, such projects cannot be successful. Properly working projects essentially allocate fewer rewards and always have limited places and do not make false promises. Because devs know that they will succeed and they are confident in this matter. and why should they lie if there is confidence?

And use that fake amount of bounty to get more participants join . After the bounty you will realise that the payment they give to you can only buy a candy and the amount exxpected is just a dream, and sometimes you get nothing because the token has no exchange to trade.

Well, you should know it when you are going to participate any airdrop or bounty. Crypto-currency always volatile, and when you are joining bounty or airdrop that period is ICO period, so obviously that price is current price. It doesn't make sense mentioning IEO or ICO price.

Even projects themselves don't know what will be price after listed on any exchange. Its totally depend on traders, so why they will mention regarding prices. You should have basic idea that its default price of IEO& ICO. And you must work accordingly. For additional info, don't expect too much from airdrop or bounty. Nowadays very rarly getting success especially ICO projects. Do your own diligence before join any projects.

Value of tokens will be calculated based on their ICO that is why they can able to allocate millions worth of dollars,Do you think they will do same amount of allocation with bitcoin rewards?

It means they over price their tokens and lure the investors and bounty participants to make money for themselves.

It is very foolish to take the value of bounty campaign rewards seriously, unless their offering a well establish coin like Bitcoin or any of the others as rewards. Anybody can make a coin and say it's worth this much or that much. These prices predictions for payouts aren't truly reflective to the situations a startup could face, which leads to failure in meeting the projected demands. A lot of these bounty participants live spread out across remote regions of the world, from countries that are wealthy, to countries that are dirt poor, making it an easy way to trick newbies who will take on just about any bounty with a promise of a monetary gain, Just to end up working in a bounty campaign for nothing.
   One should practice their Due Diligence, spending the time researching before expecting an airdrop (handout) or a bounty campaign to make good on it's promises. If it sounds too good to be true, maybe it is?
I learned this one the hard way and I still fall into it's pit often, "a fool and his money are soon parted"
 

I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.

Sometimes, we have to understand those project too, for me it is fine for as long as they are doing their job and that is to develop their project, but if they will tell to bounty hunters that they need to invest first or do the KYC then I would refuse too, that's a scammers way, or meaning they failed in fund raising so it might also failed in giving rewards.

but unfortunately sometimes we are still fooled by projects like that, our research management must be wrong from the start. but if indeed we are already trapped in a fraudulent project, then I think don't regret it because I believe there will be genuine and fake projects in this pile, and we have to look for it

Honestly, i don't know will agree or not. Because when i see bounty campaign especially paid with token, and they said in USD. My mind automatically think it is amount when counted with ICO price. Don't know with other, but sometime i join that kind of bounty and hope, if the price really reach ICO price, i can get nearly with the allocation that mentioned before.

Most of the projects are lying, whether they are scammers or legit project, sometimes they need to lie so they can still have the trust of investors and still can attract new investors. For the legit projects, that they already invested their money on it, they will do something that will attract more investors even if they lie, they are telling people that their ICO/IEO is successful but in reality it's not.

Agreed but this is common sense I think. Some of the hunter should not based their price on what the team mentioned regarding the rewards hence they know that the market is the one deciding about it. Bounty tokens still bounty and price is not in consideration with this since we know how volatile this market and can simply depreciated its IEO/ICO price anytime.

The fact that projects are planning a roadmap does not mean that everything must go exactly as planned. Let's remember that this is still a very young market and there are really no experts able to direct every project to success. If there are changes in planned aidrops, they are usually caused by the fact that developers are adapting to the new conditions of the market.

They are not using the price as the main consideration but the hunters are taking how trusted the project as the main consideration to determine it's worth to promote such a project or not. we have seen so many times the trusted project become the project that ignores the participants after it raised a lot of money from the market,

Airdrop project distribution faster than bounty cmapaign project where they only need one day for receiving coin from airdrop project, but airdrop just getting few coin and higher value if participated with bounty campaign although receive after ICO ended and bounty campaign finished, but for bounty campaign we have doing tas every day to received stake and get reward at the of bounty campaign.

If you are an investor you'll know that unless the coin entered the market, the coin's price is still speculative and hanging, so if you believe, that the price they are telling you is the exact price that you will see in the market when it hit there, you are a newbie in this industry,  the demands of the coin will determine the price in the market.

Of course, you can earn more by participating in the bounty campaign. However, sometimes awarding too big rewards is not good for the project and investors, because bounty hunters sell them on the  exchange immediately and lower the price.

There should definitely be some stadanrdisations on these bounty announcements, i can't remember this even being a thing while ago but i have also noticed it while ago that projects seem to flash dollar signs instead of the allocated bounty %. This is not my problem as i don't browse trough bounty pages but it must be insanely frustrating for people who do.

Not so sure if we can call it a lie but it is natural in crypto campaigns and most of the hunters if you're here long enough then you're aware that the value of tokens you will receive may change after the ICO/IEO since the market will dictate the price of the token.

The price of "$50 worth of tokens" is already calculated with the ICO/IEO price. To understand this, adding ICO/IEO does not change anything. Also, there is no other way to calculate the value of the token that is already on sale. Investor also buys from this price. Because we can not know the price after listing, it depends on the demand.

How can it be lie? If the reference price is the same with investors buying it through ICO/IEO? Is it different price for them, I dont think so, the sentiment for value will be reflected on exchange trading and Projects are not to blame if its dump cause its the community decision to buy it at that price.

I think OP has forgotten about free market rights. Of course, the bounty rewards value is calculated based on the ICO / IEO / STO price. The fact that we currently have a deficit of investors on the market, and the prices of tokens are falling immediately after listing on exchange, is not the fault of developers, just the rights of the free market, i.e. demand and supply.

I understand your dilemma :) The promised price estimate was not reached, while that which was promoted on the news. The development team often includes estimates for the highest prize from IEO or ICO prices, that's to attract airdrop participants and bounty hunters to join. in fact, in this saturated market, it is difficult to achieve. It is common knowledge, and we must realize that too high expectations can cause heartache when it is not as expected. So, just do it with pleasure, the important thing is we do an analysis of the project before joining, understand its potential, hope properly. However, cryptocurrency is full of surprises. And the most important thing is that we understand the risks, moreover, it's still a bad season... So many targets are not achieved.

You are the one that is missing the point, if bounty campaigns want to pay their bounty hunter with their coins that's OK but do not tell the bounty hunters that such coins are going to be worth some amount of fiat in the future because that is impossible to know due to the volatility of the market, they are obviously lying to their bounty hunters and exaggerating the rewards they will get when we know that right now no one is interested in investing in new projects because they know their chances of success are almost zero.

They have to promise better reward its part of advertising their project, moreover the reason why many projects fail today is because they failed to reach their hard cap or soft cap

We also cannot blame the developer team or the bounty manager completely if in reality the reward does not match the estimates provided in the ad. We also need to know that the range is only an estimate if the price of a token or coin reaches the ICO or IEO price after listing. In fact, now it is difficult to achieve so we must lower expectations. Don't get your hopes up, the market is not conducive.

It is part of their marketing plan so you cannot blame them, if you are in their part are you going to tell the people the exact price that they can get even if the number of participants will be lessen compared to not telling them? There are only two options that will happen in that scenario either you can receive lower compare to the price that they mentioned or above once their tokens/coins will become successful and the demand will skyrocket.

And in that case, only the newbies will have problem with it but for us who have stayed in crypto for a long time then we know already if what is going on.

You lack the knowledge of understanding how crypto works, coins are volatile, they never stay at a fix price for long, they either go up or down and yes it depends on how good the project is but its not the team fault if token or coin lose value after getting on exchanges and every team decides what price they want to sell their token or coin

right, of course rewards are in line with expectations there is something that must be met, especially with a market that continues to blush like this, of course, after the listing price goes down as well, besides there is a dump because there are many who sell it. but for a good project, it will recover later

I disagree completely with your posture, if you are not going to blame the developers for misrepresenting the reward that bounty hunters are going to get then who is going to be responsible for this? You say that is only an estimate but in most bounty threads that I have seen that is not specified, if they were honest with their bounty hunters and said that I will have no problems with that because now it will be up to the bounty hunters to decide whether or not they want to join the campaign or not, but by misrepresenting the reward they are deceiving their bounty hunters.

The value is based on the initial sale price not on the market price once it begins trading and more often than not if you're quick enough, you can retain much of that value if you want to cash in directly after listing or hold it longer term till the project matures and it reaches better value

We are aware that majority of ICO or IEO projects are based on luck. This is because most of the projects don't have any value until after listing. The listing price in most cases are far lesser than the ICO price making the value placed on the tokens to be lesser.

The title of the thread is funny. The projects are not lieing parse, because the value of the tokens are not hidden and could be verified. The only issue is that the same value cannot be assessed by bounty hunters after the tokens must have be listed and it could take a long time before such a value could be achieved.

Yes, this should be the correct sentence for it.
I have joined a lot of ICO's out there and I can say I have also been disappointed by those kind of promises.
Although I am not really expecting much since there is a large risk to be dumped when it hit the exchange.

What is the real problem here into why the price is going down?
There is no buy orders.
They should really improve on buy back moves. They should not get it listed and just leave it there.

Better for bounty campaign project not during their reward with airdrop because have different way for receiving reward for airdrop participants and bounty campaign participants, where for airdrop participants receive reward soon and faster than bounty campaign have waiting six weeks and more after bounty campaign ended.

Indeed like that, their marketing techniques with an estimated frill of $50, $100 that's just for fishing so get people who want to join and make their community trust and wait. In fact its otherwise. It can not be denied is also its name marketing technique so that people are interested if there is a big estimate and let alone equal expectation very likely zero percent as you said.

It is their assessment for the price of their token because that is their initial computation but since we all know the process of IEO and ICO that once it got available on the market the price will drop meaning those coin price wont take place once the coin will be available in the market.

This is not an issue for bounty hunters. We must understand without a special reminder. that the price of a new token before listing on the exchange is difficult to predict. Although the essence of the proposal is true.
ICO teams are now massively trying to deceive participants in ICO bounty campaigns with the payment of tokens earned by us. It really is

Many projects that promise good and good prizes but instead the project is a scam project. We cannot judge a project by the promises they give because sometimes what they promise is just to get money and then go with that money and this then makes many projects fail to get funding or to reach the softcap.

who knows what happened in 2019. although some say there are still some good bounties, but in fact what they get is still no better than in previous years. I feel that way and everyone I believe feels the same way. if all this is due to the falling altcoin market, it might make sense. but if we go back again, the price of bitcoin and altcoin should be before 2017, not higher than now, right? then what's the problem, is it because the team did this on purpose ......

Generally, many new projects determine an estimated value for the future price of the token. And they determine the prize amount based on this estimated value. Unfortunately usually there are big differences between the token's actual value and its estimated value. In this case, it misleads the participants.

Well, I think that when we participate in and understand the ICO and IEO projects for a long time, we should know that the promises and advertisements from the developers are unreliable, the value they provide is never exactly true to reality because that's just their expectation, do investors meet their expectations or not, that's the problem. From the perspective of project managers and developers, even the investors' perspective, the promise and the ideal numbers is a strategy to attract people, it's not a lie, it's just a perfect scenario but not absolute

People are misleading themselves. There is so much evidence to find about how they pretty much lie and fail that it should be an easy decision to not invest in any of them, especially if their claims are too big for where they are.

If people weren't so delusional and greedy, there wouldn't be as many scams projects as there are right now. People are the one to be blamed, especially if they don't care and buy into scams hoping that they will be paying off at one point.

I know this airdrop, signature bounty campaign rewards are not exactly we can get after bounty campaign ends.  And im join here with 100% risk but this is also profitable even we can not get the 100% value amount that campaign promise and this is happen before .  Now this is not profitable anymore because we can not get even 10$ and the worst is no value and dead coin. So i think its better now to not join in bounty campaign that paying altcoins, its better to join now in bitcoin signature campaign because even we wait for a week thia is sure that we will get paid with bitcoin and have a real value.

Before they are listed at the exchange, they will calculate their IEO price. But after being listed at the exchange, the price collapsed due to the influence of the market, the current market was so bad that all the new projects listed at the exchange of things collapsed. In addition, current projects offer great prices to attract participants, if the price is too low, bounty hunters will not participate in their bounty.

Therefore, we must avoid estimating large amounts because the price of tokens on the market may not be according to what is estimated, the average project is now shitcoin after entering the market due to lack of development in management so that the price of tokens is ignored for the future.
still we must be careful in participating in any project or bounty so as not to get caught up in the estimated value.

Many altcoins are being removed from the market. A new order can be established. Perhaps if a new order is established, a better environment for the ICO or IEOs will emerge. After all, people see things. Projects that do not work will be deleted from the market after a while.

I have long been all prices. which we promise as a reward boldly divide by 100. And this is still the most optimistic option. Never before have I had the price of a token in rewards match its subsequent real price.

The sad truth is that you don't have much options here. The number of ICOs and airdrops have declined to a bare minimum, and there are predictions claiming that the ICOs will get completely extirpated by 2020. So we have tens of thousands of bounty hunters competing for ever decreasing number of available slots. And this empower the campaign manager to make the terms more and more exploitative.

They are not lying because they calculate depend their target not reality. Besides that we also know scam, no value coin and low volume become part from our journey. Avoid ICO & IEO, I agree with that and follow several bounty program to make higher income is our answer. We don't know ICO/ IEO future, developer already do what they can to keep running get target. Stay grow up but be wise person.

We know this. They do not lie to us, they only give us delusional information about their ICO. If they said "pay $ X per account", would anyone want to join? This is marketing  ;D

You are absolutely right, mate. Many bounties are cheating with the airdrop/bounty participants. Even I can show you a very recent project that cheated with bounty hunters through this way and that project is BBOD, lol. They said 65 USD worth BBOD token for every week for a full member signature participant and that 65 USD is not even 5 USD now, shame on BBOD project. I have faced some other projects that offered USD pegged token like Temtum, Bitwings, Taklimakan, recent Buyanylight and so on. Only Temtum kept their promises! Taklimakan played a shitty game with the hunters because Taklimakan token price was shit before the distribution, and then one day before of distribution the team pumped the price manually so the hunters got a lower amount of token in USD value and what happened later? the day after distribution, Taklimakan price decreased by 78%, lmao. Bitwings will be the same I think. Though I have a little faith in BuyanyLight project but who knows!

That is a marketing strategy, they will do everything they can to attract interested people to join the project that they are running. When the ICO or IEO is in progress, they set the price of the token at a very promising price, but the fact when tokens start being distributed, in fact there is no price at all. Although it can still be sold, the price is very much different when ICO or IEO is still ongoing.

Yeah , that is what they are doing to gain people support . It is eventually part of their plan and marketing strategy. People will grab that opportunity especially we all know that most of the bounty is scam, they will hope that the bounty they are aiming is true but the thing is, they are not or else , they will cut some allocations when the bounty is soon to end.

Often we are still trapped or fooled by projects like that, even though we have done research like what we do on other projects but sometimes we each can be fooled because for me scammers always have tricks to be able to fool many people and benefit from these people . So for me it's better for us to be careful in every decision and not in a hurry.

It was always clear to me that for companies this is just marketing and advertising but it is also obvious that companies cannot say the exact price and you yourself must understand that all the numbers that they state may fluctuate depending on market conditions. In this case, I have nothing to show ico or ieo.

They gave tokens that is valued in dollars, if it will dump of course the price will be affected.

you are just participating airdrop at a wrong timing, if that happen in 2017, that would be an easy money.
Even the bounty that time are so profitable which we rarely see it now.

2018 and 2019 or safe to say full 2019 is not good for bounty and airdop because first quarter of 2018, there's still a lot of good bounties and airdrop.

Various ways will be done to smooth out their mission, fraud in crypto is very difficult to prevent, even now fraud cases continue to occur.  We as bounty hunters are always victims, after we promote their projects, there are always new rules they make, from KYC verification to allocation cuts.

Any project with unrealistic promises will lead to expectations of many investors that is seldom met after the launching of the project. It will be difficult to determine which project would really meet their initial claims nor which will survive in the long run. The values of the cryptos can also go up or down and even though the project did meet the goals, the market could treat it differently.

You are trying to convince people that the saint truth is better then promising lies in their advertisement programs, right? I would suppose they won't listen to your ideas :)

ICO / IEO projects are not telling the truth to the participants and the broadcast for a very long time. These projects have also misleaded people for a long time with tokenization

ICO and IEO please stop lying to investors and those who intend to invest. With the information that they both gave incorrectly, it affected many investors. This should stop.

Nobody is lying my friend  :D For example, if a token price is set to 1 USD and investors are buying tokens for that price and hunters are promoting for 50 tokens per week, it means this sum is equivalent to 50 USD per week according to the token sale price. There is never a guarantee that this price will stay the same.

What you are describing does not seem to me as a marketing strategy, they are outright lying to the people that are responsible for their success, it is no wonder that the popularity of bounty hunting has decrease significantly since 2017 since the developers of those projects believe that they can lie to their bounty hunters and then say that it is a marketing strategy, but this is probably never going to stop since it is in their best interests to pay with their useless coins instead of using something valuable like bitcoin or ethereum.

I am very sad to receive this information and really thank you very much for sharing. Recently most ICOs and IEOs are lying to us most of the time. Such scams are unacceptable.

Accept the reality because that is how it works so that it can gain supporters or community. They may say that amount of tokens but in reality it can go down a little bit but how about $50 worth in market price when the market is booming? See, no one can control whether the token or coin will be dumped in the market or pumped. Though, I must agree that they should say "$ in ICO/IEO price"

Bounty hunters have been accepting that reality for years and look at what has happened, icos believe they can do whatever they want and if they decide to refuse to pay the ones that gave them all of that promotion on the forum and over the Internet there is nothing they can do, I think we are reaching a critical point, bounty hunters are tired of been the ones that are always being mistreated and I believe that sooner or later we will see them quitting bounty campaigns and icos will be left with no one to promote their useless projects.

We need to embrace the reality now, if you earn 1000$ worth of token from any bounty just be expecting 50$ to 60$ when it get listed on exchange, it's hard to see a new project that will maintain its ICO price after listed on exchange, market needs to recover to start enjoying bounties once again

It is all about marketing, they are hiding the whole truth from people.. One thing I have come to conclusion about all these airdrops is that only few of them would have value at the end, there are alot of tokens in my wallet with no value and I see more of these useless tokens having no value because they have no usecase

But that is not very realistic anyway, you are making many assumptions, to begin with which bounty campaign is going to pay a single participant 1000 dollars on their own coins? Most campaigns offer rewards that are way lower than that so you are going to be lucky to get 5 dollars after months of work, another assumption you are making is that you think you are going to get paid when many bounties are not paying their bounty participants using all kind of excuses.