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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: Tduty on February 11, 2020, 03:27:15 PM



Title: Why bounty budget is becoming too much low?
Post by: Tduty on February 11, 2020, 03:27:15 PM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?


Title: Re: Why bounty budget is becoming too much low?
Post by: sunsilk on February 11, 2020, 11:05:22 PM
What do you like then? A huge pool of a bounty that promises you money out of thin air or a legitimate bounty that has a small fund but will definitely pay the people that will help them and join their advertisement.

The realistic budget for a bounty is much way better than those millions of budget as mentioned but it's only an assumption if the project becomes successful. The situation has changed a lot, 2017 we've seen millions of funds for every project but we will no longer see it. I think scene is becoming better if there are still legit projects that will allocate reward from their own funding.


Title: Re: Why bounty budget is becoming too much low?
Post by: Mosesnds on February 12, 2020, 07:06:29 AM
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Title: Re: Why bounty budget is becoming too much low?
Post by: shoreno on February 12, 2020, 07:29:31 AM
 maybe because of the value of cryptos that are now pumping  ? or because they only have a small budget ( poor )   . they cant be called good then if thier budget is low  .  but its better to see small budgeted bounties atleast they are true compare to those too good to be true bounties but fake and will only turned into a scam later on  . small budget bounties means they will only hire limited people which is good because the pay isnt cheaped too much but if the budget is big  ,they will also hire boat loads of people and make the pay less  but also more spam on the forum  ,


Title: Re: Why bounty budget is becoming too much low?
Post by: semobo on February 12, 2020, 08:41:09 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
No matter how much amount they are allocating for the bounty they will not pay at the end so who cares about the pool amount. ::)

But if you are seeing a bounty with low allocation then better chance for them to be a legit project,scammers uses lucrative offers with bounties so they allocate in millions.


Title: Re: Why bounty budget is becoming too much low?
Post by: The Cryptovator on February 12, 2020, 09:17:40 AM
I have talked with couple of ICO/IEO team Some of them even don't want to advertise their platform via bitcointalk. They believe it's just increse of social media likes and followers. They aren't benefited from bounty campaign. Because they believe most of bounty participants are just spammers. There is no value of their social media accounts and there is no real investors on their followers. And we know what is the truth. Even people buy social media accounts just for bounty campaign ( I have seen some users made post to buy social media accounts). That's the reason why projects team don't want to waste their money and dump their tokens. I think so their thought is reasonable enough as well.


Title: Re: Why bounty budget is becoming too much low?
Post by: TheUltraElite on February 12, 2020, 10:37:31 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Where are you getting such metrics? Please show any bounty with a 1M USD bounty budget that has been successful in the past. There were big ones but that is too much.

A reduction is bounty reward allocation may not always be indication that the marketing of the project in the form of bounty has been poor from other projects. In a way it does indicate but it is not conclusive. However do no let these ideas cloud your mind. One should not depend on bounty earnings to be lasting forever. The analysts who do the marketing of these projects have seen that the forum generates very little conversion ratio due to the massive amount of bot accounts in social media.


Title: Re: Why bounty budget is becoming too much low?
Post by: milewilda on February 12, 2020, 07:23:34 PM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Get used to it because not all the times we do expect for those millions of usd allocation or even hundreds of thousands.Come to think that most projects now
doesnt even get sufficient funding support due to trust issues and interest level which isnt the same just like on couple of years.
So its just normal for those project to give allocation which is just sufficient or just right for them to pay and thats the good thing but they should at least
making up some limitations on participant so that the given bounty rewards can somewhat be felt.


Title: Re: Why bounty budget is becoming too much low?
Post by: janggernaut on February 13, 2020, 01:07:29 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaign


Title: Re: Why bounty budget is becoming too much low?
Post by: arwin100 on February 13, 2020, 04:30:47 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaign

That's really the case but actually there are other who really intend the budget low so that they can minimize the dumping of their tokens once they are listed in exchange but we still have choices to join or not, but I will agree with you for now since I don't actually see a bounty worthy campaigns now since I always encounter scamming after they finish and accumulate the sales.


Title: Re: Why bounty budget is becoming too much low?
Post by: janggernaut on February 13, 2020, 07:39:18 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaign

That's really the case but actually there are other who really intend the budget low so that they can minimize the dumping of their tokens once they are listed in exchange but we still have choices to join or not, but I will agree with you for now since I don't actually see a bounty worthy campaigns now since I always encounter scamming after they finish and accumulate the sales.
When i joined on altcoin bounty on last 2018 - early 2019 (before joined on windice campaign) i didn't get paid anything from few altcoin bounties. Few of them paid me, but it only less than $100 for joined around 2-3 months. T
Since that time i wont ever want to join on altcoin bounty anymore


It's because of the market conditions during those days projects will raise $20 or $30 Million so they allocated 300k or 1M which would be around 3 to 5% of it and now the amount raised by the ICOs are very less say 3,3 or max 5 M so it's comparatively lower but still around the same allocation in % terms when compared to those old days.
Yea, most of project also lowering their goal since they think it's impossible to reach huge amount just like previously bounty on. 2017


Title: Re: Why bounty budget is becoming too much low?
Post by: minairia3 on February 13, 2020, 08:36:24 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?

What youre asking is quite huge actually its not that they dont want to increase their reward for bounty. Maybe those campaign just have already liquidityon markets and adding some bounty with considerable amount wouldnt hurt much. This is big especially if the duration is quite short. Join btc paid, some are not that high so dont expect much on altcoin campaign.


Title: Re: Why bounty budget is becoming too much low?
Post by: semobo on February 13, 2020, 10:50:08 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Because the project know if there would not be many investors who like to invest on their project, that's why they only allocating small amount of bounty compared before when they can earn bigger amount than now. Joining bounty campaign also isn't worthy anymore, it's better to look btc paid campaign

That's really the case but actually there are other who really intend the budget low so that they can minimize the dumping of their tokens once they are listed in exchange but we still have choices to join or not, but I will agree with you for now since I don't actually see a bounty worthy campaigns now since I always encounter scamming after they finish and accumulate the sales.
Worthy projects will pay in BTC and restrict their tokens getting dumped but projects choose other way since they are paying free money which are created from no where.Mostly projects are going useless or scam once bounties got ended but why still people joining on them?

Stop joining and make the projects to pay in a coin which has real market value.


Title: Re: Why bounty budget is becoming too much low?
Post by: killerfrost on February 13, 2020, 11:41:17 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Because the current market is not like 2017 and 2018. Investors are not interested in new projects so projects often do not have the budget to pay for bounty. Today if any bounty has a budget higher than 100k USD, I think it is most likely fake and scam


Title: Re: Why bounty budget is becoming too much low?
Post by: Kupid002 on February 13, 2020, 03:24:56 PM
--snip --
Its ended do not believe that the things happen before from the ICO project will be back since investors learn already thier lesson. Why the bounty allocation reduce because they know now that it will not be a big help for them if they make a high rewards so they make it low , sometimes they are affraid also for bounty dumpers thats why they want to give only small rewards.


Title: Re: Why bounty budget is becoming too much low?
Post by: Mahanton on February 13, 2020, 09:05:24 PM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Because the current market is not like 2017 and 2018. Investors are not interested in new projects so projects often do not have the budget to pay for bounty. Today if any bounty has a budget higher than 100k USD, I think it is most likely fake and scam
You can even see on bounty threads as of this moment on having those staggering 1 million usd on bounty budget yet
they do use up these numbers to hook up users to advertise their company/project.For new ones which doesnt have
funding capacity then they would really fully rely on investors and rewards will vary on how much they had collected
on such sale, good thing if they do make adjustments on pay rather than having no pay at all as a bounty hunter.


Title: Re: Why bounty budget is becoming too much low?
Post by: JeotQ on February 14, 2020, 08:02:08 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Please go back and do research on bounty projects that have 10k or 15k bounty allocations, you will be shocked because after they get listed the price tripled up, turning into 50-100k worth, its not about bounty allocations anymore, its about the quality of the projects


Title: Re: Why bounty budget is becoming too much low?
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Title: Re: Why bounty budget is becoming too much low?
Post by: jrrsparkles on February 14, 2020, 01:54:42 PM
Or it's just getting realistic value instead of lucrative million dollar bounty pool!

No matter how much the bounty is allocated,the important factor is whether that bounty is worth to participate or not.


Title: Re: Why bounty budget is becoming too much low?
Post by: jessyj48 on February 14, 2020, 02:07:22 PM
It seems like OP isn't aware that some bounty projects with 300k upward sometimes get lowered to 13k or 9k after they get listed on  exchanges, the last thing you should be worried about now is bounties allocation, quality of a project matters the most


Title: Re: Why bounty budget is becoming too much low?
Post by: sayaya17 on February 14, 2020, 11:11:43 PM
Yeah, for now earning from bounties relatively small compared to the heyday of 2017-2018 and I'm also not sure if the bounty will repeat its history like that year. Maybe if there are many investors who are interested again in the ICO / IEO project, that could have happened. However, the reality is that inevitably we have to live it with bounties that are very minimal or have other side jobs besides working on project bounties to make ends meet.


Title: Re: Why bounty budget is becoming too much low?
Post by: thisnewcoin on February 15, 2020, 01:35:37 PM
Millions allocation won't work anymore, you can't expect that bounty budget anymore. There was a time when bounty campaigns were very successful, the project used to raise good money from ICO and they paid well to its hunters. But as you know the ICO Era is over, so, you have to take this low allocation for now! I think things will be changed again, a good bounty should have at least 50-100K USD budget, not 10-20K! Whenever the IEO idea comes, good projects are reducing the bounty budget, if the bull run comes again like before, then bounty allocation may change again for good!


Title: Re: Why bounty budget is becoming too much low?
Post by: killerfrost on February 15, 2020, 02:14:27 PM
Because the current altcoin market is not as active as it was in 2017, and there are too many projects becoming scams. So investors are not interested in new projects, so bounty has also decreased and the budget is not too high as before.


Title: Re: Why bounty budget is becoming too much low?
Post by: freedomgo on February 15, 2020, 02:45:53 PM
I would prefer a small amount of bounty as long as you will be able to sell that bounty on the amount you expected it.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .

maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.


Title: Re: Why bounty budget is becoming too much low?
Post by: adzino on February 15, 2020, 03:04:35 PM
Their budget is probably the same. It is the amount of user they are willing to take. People over here seem to be working for those project even if they paid them a very little amount of coins that won't even cover the cost of their morning coffee. Thus, they are taking a large amount of people willing to work and then divide the rewards among the large base keeping the budget same. Thus, people are receiving less amount of coins per user. Even if they have small budget, people still wants to do those bounty program, thus the manager sees no need for increasing the bduget.


Title: Re: Why bounty budget is becoming too much low?
Post by: TheUltraElite on February 16, 2020, 05:22:58 AM
It seems like OP isn't aware that some bounty projects with 300k upward sometimes get lowered to 13k or 9k after they get listed on  exchanges, the last thing you should be worried about now is bounties allocation, quality of a project matters the most
Additionally when they get listed on exchanges the huge sell wall set up by the bounty hunters almost crashes the market. This leads to a lot of problems like people thinking that the project is scam reasoning to the selling or the exchange getting hacked one day with the coins lost because they were being stored on that site for years since 2017 and never reached any target price.

OP seems to have a grudge but does not wish to step forward to reply to the posts that were made, guess they were just padding their post count. :-[

Of course it is normal to feel bad when a free source of money stop flowing but it is inevitable, just ask yourself.


Title: Re: Why bounty budget is becoming too much low?
Post by: Rodeo02 on February 16, 2020, 06:43:42 AM
I would prefer a small amount of bounty as long as you will be able to sell that bounty on the amount you expected it.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .

maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.
Well it depends how small it is , would you accept 10-20$ for 3 months promotions of course not. If you only join social media promotion then that payment is acceptable but if you participate in signature campaign and only recieve that small amount then  i will not be happy doing that again. Its the time you use for promotion plus effort given they should give enough rewards for the work you do .


Title: Re: Why bounty budget is becoming too much low?
Post by: BlackFor3st on February 16, 2020, 06:55:41 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
This will surely change once we are in the midst of bull run, what I can see why genuine projects are reducing their bounty allocations is because they are afraid with dumps of their tokens.

Aside from that, they are force to reduce because of the market situation where there are only few investors who are active because of bear season. But it will change for sure especially in bull season as there are plenty of investors that will be active at that time.


Title: Re: Why bounty budget is becoming too much low?
Post by: jessyj48 on February 16, 2020, 08:41:58 AM
Bounties with low allocations don't dump in value, that's why I like joining such bounty projects but its sure that the reward will be low, there are other few cases too that the project can 2x or 3x easily


Title: Re: Why bounty budget is becoming too much low?
Post by: pealr12 on February 16, 2020, 02:14:39 PM
Bounty is not low rather still good  and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.


Title: Re: Why bounty budget is becoming too much low?
Post by: perla on February 16, 2020, 03:10:34 PM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Maybe, low allocation as long they really paid and the project is success will be more worth. Because bounty nowadays not really paid or maybe although they have high allocation, tokens can't sell in market or maybe not have any price yet. That is what make it worse.


Title: Re: Why bounty budget is becoming too much low?
Post by: milewilda on February 16, 2020, 06:10:17 PM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?
Maybe, low allocation as long they really paid and the project is success will be more worth. Because bounty nowadays not really paid or maybe although they have high allocation, tokens can't sell in market or maybe not have any price yet. That is what make it worse.
Common thing for most projects do end up on the same fate which they dont get any market value which means it would heavily affect its advertisers.
Low allocation or realistic one is much more worth compared to millions which had been promised.Although, payout will really just vary on the team itself
if they do tend to pay up their bounty hunters they will surely do it in the end of the day if not then they surely not consider on paying up on the first place.
ICO becomes shitty nowadays and these circumstances arent really surprising at all.


Title: Re: Why bounty budget is becoming too much low?
Post by: janggernaut on February 16, 2020, 11:54:37 PM
Bounty is not low rather still good  and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.
It's much lower compared with bounty on 2017 dude,where you can see they offer until $2 million as total bounty and a single person could earn more than $10000. Nowadays, i only see the altcoin bounty only offers 10k or 15k or max 50k dollar as total bounty


Title: Re: Why bounty budget is becoming too much low?
Post by: bering on February 17, 2020, 02:50:28 AM
Why most of the current bounty program have low budget maybe because the devs do not want to risk their money because still cannot able to get potential investors and second reasons maybe usually bounty participants get the coins or tokens for free with do some tasks and they will more likely dumped their coins after got listed into the exchange and with allocated low budget for the bounty then the devs can manage the price of coins with not too dumped at the bottom


Title: Re: Why bounty budget is becoming too much low?
Post by: maydna on February 17, 2020, 05:42:48 AM
Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?

Yes, the situation will be changed if the market can fully recover from the current situation. But if the market still the same as this situation, then we will not see the allocated money for the bounty will be bigger than now. The bounty will be in the crypto world because that is a way to introduce a new project to the public, and with money for the participants, that will attract people to join with the project and promote the project. People now are worried about investing in the new project because they see many new projects become a scam, and that is why the allocated money that is used for the bounty is not too big to depend on a few years ago.


Title: Re: Why bounty budget is becoming too much low?
Post by: cryptoaddictchie on February 17, 2020, 05:51:16 AM
Bounty is not low rather still good  and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.

Bounty with limited participants should be a major protocol in altcoin campaigns. This is what the btc paid signature campaign doing. Imposing a quality over such quantity. Anyway altcoin needs much visibility which eithet include spammers off the charts.


It's much lower compared with bounty on 2017 dude,where you can see they offer until $2 million as total bounty and a single person could earn more than $10000. Nowadays, i only see the altcoin bounty only offers 10k or 15k or max 50k dollar as total bounty

Thats because before no one really knows that the market will go down and also this era has change so much. Many ICOs are taking advantage of too much investors input and worse is those investors are now wise to check and invest on new projects. Campaign will be hard to be an easy way money now. If I were you, shift to a more legit one altcoin cannot give you the same payment with tokens before that can earned up to 20k usd alone.


Title: Re: Why bounty budget is becoming too much low?
Post by: jessyj48 on February 17, 2020, 09:56:57 AM
Presently Blockburn is doing bounty with 15k allocation and over 130 bounty hunters joined its signature, the allocation for signature campaign is just 3000k so well all participants share the pool only high rank members will get over 50$ and many will get only 10$ worth of tokens, I quit when I noticed this, way too low


Title: Re: Why bounty budget is becoming too much low?
Post by: jessyj48 on February 17, 2020, 09:58:34 AM
I think its best that bounties with low allocation should have fixed reward not stake reward because the result will be unfair to many bounty hunters


Title: Re: Why bounty budget is becoming too much low?
Post by: royalfestus on February 17, 2020, 10:12:55 AM
I think the reward increase in bounty towards the last bull run by the ICO,  also the dimension of crowdfunding is changing we are no more in the era of ICO  with high competition for campaign/awarenes, so also is the size of fund reduced. The percentage of token offered for sale is also small. The staking idea had caused a lot of hoarding of tokens to generate scarcity, the idea is hoarding token at all medium even with bounty. Exchange dont encourage large bounty reward if they want IEO . Also investors are scared of big reward bounty projects. It is also in the early stage of cycle of cryptocurrency like in the late 2015/early 2016,so those value in bounty reward are capable of over 100-1000x and encouraging the needs to be conserve rewards towards the bull run.


Title: Re: Why bounty budget is becoming too much low?
Post by: JeotQ on February 20, 2020, 02:45:07 PM
Sometimes bounties with low allocation are the best because they always pay easily without the fear of dumpers, no way the price will get dragged down with low reward


Title: Re: Why bounty budget is becoming too much low?
Post by: tabas on February 20, 2020, 09:02:17 PM
The million bounty pool was good until last.
Sometimes bounties with low allocation are the best because they always pay easily without the fear of dumpers, no way the price will get dragged down with low reward
True the low pool bounties are the best right now. The ones that is promising millions of dollars can't be determined anymore if they will be the same like before but to the hunters, they can now see what bounty has a higher chance to pay.


Title: Re: Why bounty budget is becoming too much low?
Post by: TheUltraElite on February 21, 2020, 10:03:54 AM
Bounties with low allocations don't dump in value, that's why I like joining such bounty projects but its sure that the reward will be low, there are other few cases too that the project can 2x or 3x easily
See it is not necessarily true that the low allocation of the bounty saves the project from its hunters dumping their tokens. The hunters joined because they wanted to dump and make some quick cash. This is the side effect of giving bounties for every project and not being exclusive to few projects which showed their generosity for the community in this way of getting a bounty pool.

That may be one of the reasons but truth is that bounty hunting days are over. If you want to earn some altcoins buy them - put in your cash and buy them. You can always go for bitcoin paying campaigns and that is what people should focus on more on.


Title: Re: Why bounty budget is becoming too much low?
Post by: OasisDre on February 21, 2020, 05:08:06 PM
Bounties with low allocation are the best nowadays because they have more value after getting listed on exchanges, no fear of dumps so bounties having millions of dollars won't do any good for the project and most times for the bounty Hunters ourselves