Bitcoin Forum

I have come across some people who said/say, "Bounty hunters have nothing to contribute to our projects."
                                                                                                 OR
                                                              "We did not see the impact of bounty hunters on our project, therefore we are not paying them or better still we will reduce their reward."
                                                                                                 OR
                                                              " There are no investors on this forum."

These are all flimsy excuses given by the team whose projects failed.
They forgot to ask themselves if their projects are truly presentable or if their project has what it takes to convince the interests of potential investors.

The duty of a bounty hunter is not to get money out of the pocket of an investor to invest in a project, rather, it is to just create awareness about the project. E.g, by wearing the signature and avatar of the project on the forum. This will only call the attention of the investor. It is now left for such a project to showcase the stuff it is made of. If it contains nothing meaningful, I am sorry, it might not succeed, no matter how much awareness or marketing is done. Only very few projects scale through this without good substance, which is now very rare.

Gone are the days that investors invest blindly. They now take their time to study and analyze the project before giving out their money.
If you notice, people come on the telegram groups of projects to ask questions and if they are not satisfied, they leave.

Therefore, bounty hunters should not be blamed if a project fails, rather, the developers should go back to the drawing board and correct whatever needs to be corrected. Better still, they should ensure that they have done what is needed to be done, before coming to present what they have for the crypto community.

Lol If it's right so why they still run bounty campaign. When you meet some one say like that, just ask so why he still launches bounty campaign?

Also, I don't agree that there are no investors in this forum. I did invest in several projects before as advertised here in the forum. The project seems legit and everything is in proper place but ending up the value promised after listing didn't materialize, thus, not even worth selling in the market. So if I did invest before, more than possibly, there are a lot here that are more than capable of investing. But with the proliferation of crap and scam projects, very few investors are now looking into potential projects that they can put their money to.

Well there are many things that contribute to the downfall of a project and bounty hunters dumping their allocation on the market is one of those things especially when the projects doesn't have enough market buy orders to support the dumps coming from hunters. Hunters are mostly promoters and not Investors so they are responsible for the publicity of the project and when that can't be achievable, they have failed.

indeed it needs to be proven, that the project can run effectively or not if without bounty hunter. I do not agree with people who say that bounty hunters are useless, or there are no investors in this forum or social media where bounty hunters promote projects. so, it needs to be proven whether the bounty can still run without the bounty hunter or not, so that there is no longer a stigma against the bounty hunter and all can run well for all parties.

The success of a project certainly depends on the product produced. Bounty hunters help in selling tokens by spreading information about the project and I think the most responsible for the failure of a project is the developer team itself

Its the developers fault if the project didnt succeed. What is the connection of the bounty hunter being responsible here? I guess they are the one responsible for a good marketing. There are chances that the strategy isnt good but it also depend on the manager that will handle it.

For example, the manager picking shitty poster or social emdia spammer, hence they are the one setting rules and regulation of the campaign. If the manager is good on setting up a campaign, then there will be no problem. Also would you pay for a shitty post? I dont think so, money is also involved so better yet get a good set of participants for the task.

The success of a project is not the responsibility of bounty hunters because hunters can only do their part, they can't forcefully drag investors to the project so that they can invest, after creating awareness successful it's all in the investors hand and if the project is already well developed it should attract investors

Bounty hunters will only promote a project, it's all on the team if the project fails to attract investors, investors nowadays are smart, they want something new to put their money on and now that new projects are just full of fake promises and copycats investors have lose trust on new projects

the success of a project certainly depends on how the developer and also the team behind the project. if the developer is honest and really serious or uses their own personal funds it is unlikely to be at high risk of loss. and the final part may depend on the marketing of the project product.

If they make such statements then I am sure they are scam projects and the ultimate reason is they don't want to pay bounty hunters. We need to have some rules for new projects, if they have determined to implement bounty then they have to be responsible for it. We work and receive money from them, not for free

Bounty hunters only facilitate the exposure of the project to all types of social media. But they are not in any way be responsible about the fate of the project. It is the developer's team that is in charge on which direction they want to go. Even the allotment to bounty hunters is very small compared to what they have. So even blaming them for the price decline in the exchanges should not happen at all. If they have solid grounds, they can always rise and recover.

But definitely, the success of the project is owed to the dev team, not their bounty hunters. They are just icing on the cake. A successful project should have real use case and active users to be proud of.

The very first two statements are correct almost. Most of the times, bounty hunter can't make any influence. However, it's not true that this forum has no investor. The problem is most of the forum members who interested in start up projects have some good knowledge. Since all the projects are shit these days, investors from forum members are smart enough to detect and avoid them.

Many new projects are bad that's why they fail most times, as hard as everything seems in crypto space today few new projects are still successful right? This means that new developers must put in more effort for their project to be well acknowledge

In my point of view, there's no doubt that bounty hunters can contribute to become a project successful. Their work through social media influencing several people to read their articles and project whereabouts. I think it is the investors that has something negative thoughts on bounty hunters such that they put the blame on the bounty hunters whenever the token listed gets dump or decreases price.   

It's wise for every bounty Hunter to do research on projects because many bounties are not worth promoting, some bounties are created by scammers and only very few are legit, this is why research is the most important tool for a bounty hunter

But it doesn't seem like most of the bounty hunters are doing good research right? Since 2018 bounty campaign has become a rampant strategy to scam investors, and a lot of users who didn't do the " research" has been tagged by DT, because they are promoting a fraudulent project.
Even legitimate projects are still susceptible in failure and the tokens/coins may turn out to be a shit coin. Bounty hunting nowadays will depend on luck and of course thorough research.

IF they really think that Bounty hunter is responsible for project failure and there are no investors on this forum then why they are running their bounty campaign in this forum. I think its only a excuse not to pay bounty hunters. Bounty hunters will work as the team wants so the responsibility goes to the project marketing team. Their strategy was wrong.

Agree with you, that's just an excuse so they don't need to pay bounty hunter. Their project is really bad if they act like that. They did not have the capacity to develop the project and attract investors, such projects should die as soon as possible and hope no one will invest in their project.

Even legit projects fail easily this days, promoting projects nowadays is just a try and see scheme, there are chances of failure and success, only quality projects will prevail and quality projects comes once in a while

That's right, and this should have been done by every bounty hunter for a long time, because in the past too many scammers have made unclear projects in order to deceive investors and bounty hunters in large numbers.

The success of a project depends on the smartness of the team not bounty hunters, the team have to look for ways to gain large investors mind and the only way is introducing high quality projects with better use case

Nowadays the bounty scam cannot exist here because the bounty hunter has experience evaluating new projects. They can check and see which projects are good and which ones are scam. That's why there are very few bounty running right now, but most of the running bounties are now quality and we can join.

Bounty hunters has a big part in the bounty campaigns. They are the ones who advertise the said bounty campaigns for the investors to invest in this kind of project. But that is not enough actually. The said project must have a good developers also for it to become successful. The successful of it is based on the performance of the developers still and the bounty hunters is only a part of it.

If the project wants to succeed, they first need to have a clear idea and can be implemented. In addition, they must also have a few major partners to attract investors. Investors will never be interested in the project no partner because they look quite weak

Bounty hunters can only help with the advertisement of the project. So their role in the ultimate success of any project is quite limited. If a project has to succeed, then they have to give special attention to the timely development and strict adherence to the timeline. I have seen a lot of very good projects failing upon their listing in an exchange, because the promoters lose their interest.

Some times not so many hunters can do a good research and this has forced them all to try their luck by joining in the all of the bounties to make sure if they can get at least a single project that will pay them all. All of the aspects must work together to get the best result. If there will be a few aspects that will get bad result and the project can be a failed project.

To be frank, this is what most projects do. They will launch a bounty and won't say a word but once the campaign is over they will start giving excuses why the bounty was a waste of time; most times I ask, if the bounty wasn't producing results why not end it half way and pay other than keeping quiet till the end. Projects which do this are not trustworthy at all as it shows lack of credibility from the team. Also, I agree with another point you made, bounty hunters are there to create awareness about the project and it is left for the investors to decide if the project is worth their money or not, that is to say, the products and services within the project also matters. In addition, this notion that bounty hunters always crash the price of tokens it not totally true, what about early investors? Don't they sell once listed?

Good products get easily sold with little awareness. The truth is that most of these crypto projects advertised online don't even have a real use-case utility. They are just hypes and sometimes even scams. Now isn't pre-2017 when a lot of unintelligent investments were made by investors who weren't keen on checking up on projects before committing their cash. This is 2020.

So, for me I don't listen to such trash talks and weaning from devs of failed projects. Solidify your projects and sell if investors won't come.

It's true, the bitter truth! Bounty hunter is doing slavery jobs nowadays. Project owners are playing dirty games with the bounty promoters. Many successful projects are not paying to their hunters! And there is no payment from an unsuccessful project where they should still pay because these guys promoted them enough, they failed it's their fault! The problem is bounty hunters are not united, the situation won't be changed until they get united!

Although bounty hunters don't invest with money but they do with their time. Any team saying bounty doesn't contribute is just trying to cover up their lapses which comes in form of their bad ideas etc. A good project have what it takes to be invested in and just with bounty campaigns it will achieve the desired results and also won't have issues paying their hunters, on the other hand, a bad one tries to find excuses as why they won't pay or reduce the allocation which most of the time is bounty hunters dumping the price, or not getting the desired results, which also is not true.

1. Bounty hunters are hired with one sole reason to promote ICO or crowdfunding for project.  Nothing else. They have nothing to do with the project.
2. Project that relies its marketing of ICO on bounty hunters is a lost case.  If they are not able to market it on their own they will also not be able to build a successful project.

All such people responded when the bonus campaign was completed and they simply did not want to pay the bounty hunter.
At this point people say anything is useless, scammers will never pay attention.
This is a sad truth that we have to accept.

If we think about this logically you will realize it does not make sense, if there were no investors in this forum then why advertise in it and do everything you can to get popular in it as many projects try to do? That is because there is a huge amount of money moving in this forum and they know it, they are just mad they are not getting any of that money, but the market has changed, years ago you could get a lot of money by just creating an ANN thread, now if you cannot show that you have a good idea and the means to make it a reality then no one is going to invest in your project.

I agree with you, it is the responsibility of a bounty hunter to create awareness about a project but it is not the responsibility of bounty hunter to force investors to invest in a project. With my experience in bounty hunting, I've seen lots of projects coming up with such flimsy excuses just to deny hunters their due reward.  I think projects need to start working more on their use cases and values they aim to bring to table because with the way new projects are being launched now, they do comes out with no real life solution that will create utility for the token in the long run

In actual light , bounty hunters only throws light to the project in terms of advert, awareness to the people but I don't believe that hunters are responsible for the dead project. A token that is strong enough can grow with just few weeks advert from hunters.A token that already have experienced team is highly likely to survive

We are supposed to promote projects that certainly have a big role for crypto improvement but sadly, some developers never think that way instead they create projects that will only be giving their own benefits while it gives losses to their investors. This is a big disgrace to the crypto world and most likely, this will be the reason why investors now are very picky in choosing for their investment. Well, that should I suppose to do so knowing how tricky is the market with and many projects never went to the market successfully.

Yes, market conditions have changed, trends have changed, we have to be able to adapt to this. Moreover, more fake projects, scams target you.

Negative things from the development team mentioned by the OP is one proof that they are not professional, looking for scapegoats to cover up their mistakes. We can also understand, the market situation is difficult, even well-planned projects can fail. The development team should be more responsible with fair transparency so that no one feels disadvantaged. We should understand that risk is everywhere.

A project developer or that only thinks that bounty hunters should do everything as touching promotion and the success of his project for hi is only joking and deceiving himself. The plain truth id s that, bounty hunters are just advertisers, who work individually under a manager. They should not be held responsible if investor and not forthcoming. They might even have come, but later left for one reason or the other. So, I also believe that they should give us a good project to promote and not the one with no interesting usecase.

I do not agree when the bounty hunters are deemed useless for the project, because bounty hunters are the ones who spread their project information, if there are no investors who want to join their project, you should not blame the bounty hunters, first check the projects they are working on.

The success of the project is the responsibility of the team, they are the one who makes the strategy and bounty hunters just follow the strategy.
It's more like the bounty hunters are just a worker, they do a specific task but the team are the ones who are managing it as they are seeing results as they evaluate it, if the project is not successful, that is due to the lack of advertising or the project alone is not attractive to the investors.

Thread title says it all. OP is right. For instance, whenever a client or project team asks me to run their bounty campaign, I always tell them that there's no guaranteed increase in their sales (if they are doing an IEO/ICO) since the bounty campaign itself isn't a means of generating more sales but just a way to increase the project's reach and awareness.
Bounty hunters shouldn't be burdened with the thought that the project or startup failed to reach its goals because of them.
There are many factors that could affect a project or startup's success; whether it's a lack of funding, internal conflict, lame/redundant use-cases or just poor management with the team, but it is not the bounty hunters.

A workers an advertiser that they will pay a percentage of the token's they have. Project team should always find other alternative ways to make it more attractive to investors not only having a campaign here. they should always find other way to advertise thier project so there will more people see the potential of the project they want to build.

Bounty hunters will only be happy if the project they are promoting turn successful but the success lies in the hand of the team, how strong and determined they are is what will push the project to success, all bounty hunters can do is to promote the project

They are garbage projects if they say that, bounty hunter also has an important role for them but it all depends on the project and the team. Investors are also not stupid, they will also choose projects that they think are worth investing in.

So the new project has to work hard to do that and the bounty hunter becomes enough help needed. Many projects are satisfied and some are not and that is natural because not all projects will succeed

If devs full baked their new projects it will do well in the market, even scam projects are fooling people and yet many fall victim, I believe what investors need is some new an different, corona coin has exit scam now and many are a victim to the act, what new devs need to do is to introduce better use case

These are the usual excuse and blame games of not only project who fails, but projects who refuses to pay bounty hunters.
They then resort to downplaying the efforts of the platform, and efforts of the bounty hunters.


And it is hard to fault them, because even scam projects are hard to trace, not to mention failed and closed projects.
Bounty hunters just need to sit up and prioritize right.

Many blame the bounty hunter when the price falls after the initial listing even though the bounty reward is usually given more than 30 days after listing. Bounty hunters are always blamed, even though bounty hunters only help promote token sales

Dont forget social media marketing. It is developers and SMM fault if the project failed.  First failed to make project useful, unique and desired. Second failed to bring that to masses.

The project can be super successful, but if no one knows about, then there were no use of this project at all.

It's obvious that bounty hunters are also a cause of dump after listing. Because the reason is they are joining bounty to earn and after that, they don't care about the project. But on my own, it depends on the project that I promoted, because I know how potential they are because from the start I was there promoting them. It is all on the project owner, they can able to have to buy back to maintain their coin price up not become dump because of bounty hunters.

actually its not thier fault its the owner fault if they cant make thier token price stable once its listed in exchange. Its thier job to do this they can even use part of the raised fund and use it and set buyorders so every bounty hunters that did not belive in thier project can sell it.

Right from the beginning till the end, the blame has always been on the bounty hunter. They do not stop calling hunters' names whenever anything goes wrong. This does not only apply to developers but also investors. Some investors forget the fact that the onus is on the project team to work on what they have and prove to the world that they are able to fulfil their promises. I bet you, if a project team fulfils at least 90% of the promises made, there will not be any problem with the price. In fact, such a project is bound to be more valuable.

I totally agree. The success of the project is not to be taken care or be a full responsibility of the bounty hunters because the success of the project resides on the idea of the project itself. Bounty hunter's existence, purpose and goal is to raise up awareness among this forum and other platforms where the crowd would recognize or be aware that such project is existing. Now, the developers behind the project is the one who should be taking care of the success of the project since it is their own creation. In fact, bounty hunters are a great help for the project to be known by other people inside or outside this forum due to their advertising works that works on promoting the project. It is a team effort for the project to get successful. Coordination or team work is a must need for the project to get along the process of being successful. So it is unrighteous to just put the blame on the bounty hunters for the fail of the projects because it is not their fault so it is still in need to take into consideration to pay the bounty hunters for the work they have done for the project and not to put all the blame on them.

Getting paid for creating awareness for projects is the job of bounty hunters, they aren't the developers, they aren't the team that put the project together, how can bounty hunters be responsible for the success of a project or not?

Exactly. It is not our fault if their project doesn't have any potential therefore it failed, guess why, because simply they didn't put enough effort to make their projects successful, or should I say they are just after people who will invest and promote their project and in the end, they will run with all of the money with their lame excuses. We, bounty hunters can't do anything about it, even we post an scam accusation to them, they don't care, because we didn't even know them and they already get what they want, that's thebsad reality to it of the projects nowadays.

It's simply because hunters dump once they get paid, if devs and team don't like this move from bounty hunters they should just rethink and maybe start using stable coins or Bitcoin to pay bounty hunters, you can't force bounty hunters not to sell

Bounty hunters always find their way to take advantage and if opportunities open for them they will grab it right away, if the team is not okay with dumping their project better to provide bitcoin or other forms of payment which will not affect the value of their coin once it's been added to exchange.
Bounty hunters always have the options on whatever things they wanted to do after receiving the rewards coming from the team who allow them to participate.

Regardless of how good your bounty community marketing will be, it won't amount to much success if the team have nothing good to offer. Investors read about team and their determination and sincerity. People don't follow celebrity HYiP of ICO/IEO these days, if they by chance do, it's to buy and dump as fast as possible.

Simply put bounty hunters have become the favourite excuse of developers and investors, they blame everything on bounty hunters as if it is the responsibility of bounty hunters to make the project a success, when the only responsibility that bounty hunters actually have is to advertise the existence of a new project to a large audience, after that has been done the responsibility of bounty hunters ends and now it is up to the developers to try to make a good project that it is attractive to as many investors as possible.

Remove the 'alone' in the topic because the success of a project is not bounty hunters responsibility, bounty hunters only advertise what the team cooked up, either good or bad

Yes you are right and i agree with you. We have seen projects in this space who attribute their projects failure to raise funds on the bounty hunters.
While some totally discredits bounty hunters.

The truth remains that, both projects, and bounty hunters will co exist together, because projects will always need marketing and audience market.