Bitcoin Forum

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.

Guy, before participating in any campaigns, do you have ever read their terms and condition? They always said that "we have right to chance any T&Cs at the end of the bounty, and Our decision is final". And we have to accept it.

certainly, it is, but we think there is a lot of labor that goes to waste. I'm sure there are a lot of people who are bothered by this. would not it be better if we get a response for the projects that fail?

Because paying using tokens will reduce the risk of developers for loss, and they also hope that with payments using tokens it will create more communities, with ever-increasing communities, so they expect token sales will increase

I think paying in tokens is a fair strategy, by paying in tokens the projects can announce and fix the reward without having to worry about the amount of funds raised in eth or btc if they set the reward in eth and during ico raise small amount of funds then how will they pay reward to bounty hunters this can be risky and dilute the project.

I think that a project with a good idea or a ready-made product quickly collects hardcap. On that, it is also an ICO to pay for the bounty company with its tokens. I apologize for my English, only recently I study it.

agreed,payment made in token project it will make their token dump,so better to choose ico bounty that payment with bitcoin or ethereum it's absolutely best bounty for me.

Even tho this is strict
I believe you are correct, there should be some terms that had to be unchanged and gladly it would encourage us more to participate in more bounties

Thanks for the insight

This is the problem about bounty hunters nowadays,because they are just joining without researching if how good the said coins,and didn't anticipate the possibility of being scammed..and most of bounty managers indicated the in the OP about the rules on if what the adjustment if softcap

all projects do not want a big risk ..
because paying with the token could benefit the project.
from purchasing investors who want to participate

Yes, bounty hunter will lose a lot of time because of scam project or project cancelled because ICO can't reach their soft cap, they returned eth back to investor, how can give bounty hunter eth? Even if project raised a lot of money, still have a chance project dev don't paid our reward, so it's just like gambling. You'll earn a lot of $$ of you lucky choose a good project

In some way this thinking is good cause if we just look at bounty like people who are "working" in them getting paid in different way than tokens is okay but look at people who are making this bounty, paying us with something that need to be paid by them is not logic and could be hard to come back to them with a profit (if coin won't get good when they give it on market).

Bounty program is meant to promote the project as well as increase the market place supply apart from investors this is one of the move for the tokens to go bigger in marketplace circulation dude.
Then if they pay us in btc or eth you will be benefited in payment but they are not. That's the problem.

I think the main reason behind the same is the project gets benefits by paying rewards with token and also they do not want huge risks.

This is very humbling thing to accept, basically for me it means, join by your own risk - we can just throw you freaking away from here, and you cant say anything against that :)

I think the distribution of bounty rewards based on tokens or coins has its advantages and disadvantages. Fortunately is when we follow the bounty with a good project and eventually the coin price soar even though we only have a few tokens. The disadvantage is that the gifts that are shared do not match what is written on the bounty thread because the average coin now follows the ETH price growth.

This is a serious problem, but we can not do anything about it. They can pay us their tokens, but because of the lack of investors and buyers, they will be very small money. Therefore, we need to choose very well the projects we are taking to work

It is the essence of this market bro. You can see many ICOs which scammed, failed or dead, and their bounty programs closely related to the success of their projects. It's like investing in ICOs, you invest your money, and in the bounty, you invest your effort, your time. All are risky.

I feel you OP, it's true that in such scenario lots of hunters work goes unpaid, but this is the risk of doing bounty for a project which won't raise enough funds. I mean there are a lot of solid and hyped projects with low hardcaps, that are almost sure bet they reach it. Also you have signature campaign paid in BTC or ETH weekly, so you don't have to worry about any tokens. To each of his own.

Nice suggestion but the question is where will the Eth to pay bounty hunters come from?
They are even returning investors Eth at a loss because they have to pay gas fee, and they've also lost a considerable amount of money working on the project.
Unless stated from the T&C that payment will be made in it if Softcap is not met, bounty hunters should accept the loss.

Bounty program is meant to promote the project as well as increase the market place supply apart from investors this is one of the move for the tokens to go bigger in marketplace circulation dude.
Then if they pay us in btc or eth you will be benefited in payment but they are not. That's the problem.

I really don't think you can complain, if you're doing a bounty signature you're basically getting paid for posting on a forum. I've had some campagnes not succeed that I did translations for and it sucks when the time you put in doesn't pay off, but I really don't think this is a demanding job and that bounty hunters should get any type of compensation if the ICO doesn't meet the goals. I personally would not demand any compensation, nor do I expect one, nor would I compensate bounty hunters if I was running the ICO myself. Actually the campagnes that do succeed often pay pretty well and sometimes that pay also compensates for time invested in failed projects. I really see no reason why a bounty hunter should be compensated when an ICO doesn't perform. And even then, you know what you're getting into and should expect some of your bounties to fail.

The projects collect funds to enable its to deal with infrastructures and development of the project. In return, they issue tokens as a form of IOU. If the project decide to pay in Ether collected other than the tokens, it will be risky and costive for them. Also, they give out tokens to enable the bounty hunters to promote the project by using the services it is meant for.

You just said your mind, but it will not change the fact that this will keep repeating itself over and over again. You really don't expect a project who is at lost to pay you, not to talk of all bounty participants

Agree This is the correct solution for the problem. I saw that the Amazix team had even correctly introduced that regardless of the raised money, everyone would get their earned coins.

there is a suggestion instead of paying tokens as bounty rewards they can pay us in etherum as bounty rewards hopefully it will be implemented soon

I believe that companies are not profitable to pay in other coins. so they pay in their tokens.

Apart from risks, that have already been dicsussed here, there's one more reason: they need trading volume when they enter their first exchange. If all of the investors just hold their tokens, there will be no volume and a token will not be able to list neither on any of major exchanges nor on CMC. And even though bounty hunters are always blamed in immediate selling and dumping the price, projects need it to have some volumes.

That's why nowadays it seems a little bit popular to do a bounty campaign that pays you in tokens and Bitcoin at a time , to make people become more excited, as you might now Bitcoin payment are a guaranteed one rather than a failed project causing the tokens worth nothing.

Presently, ICO owners or teams are not under any obligation to pay bounty hunters despite the project not succeeding. I think it is until we have regulatory body guiding bounty, before our opinion can be heard.
Although, i would say it is good that despite what happens to the project, bounty hunters should be paid for their effort.

If you're worried if your efforts are going to be null when the project isn't able to reach the soft cap.

Then this is the other side of joining ICO bounties, you have to take the risk if they fail you're open with the possibilities that you're not going to get paid.

This is a risk that we all take. We see some strong ICOs provide their bounty payments using fixed BTC may also have a fixed number of participants. Otherwise most of the ICOs payment is basically their tokens to create a trading volume on various exchanges so that the liquidity of tokens give their investors the mental boost. This way their community can grow. I'd suggest to look out for those signature campaigns or other bounty campaigns which issue a fixed amount of tokens from their total supply as they give assurance to yourself that even if the project doesn't hit hard cap, your efforts won't be a waste. Bounty program that uses escrow is even better.

One thing i have noticed about ICO when they eventually get listed on exchange is that, bounty hunters that are paid tokens also help to increase the volume traded and will help to create more awareness for the project. So, it is not just about paying for bounty hunter's services for promoting the project, but also for helping in the growth of the project after listing. That is why developers will not stop bounty hunters from dumping.

Just because it is the easiest method of payment. Of course the best payment for bounty participants is a fixed payment in usd and it is possible in case if you are a famous person and you are able to get personal offer which are conform your requiriments but if you are a typical participant you cannot get a personal offer because there are a lot of others who agrees to participate with a typical offer.   

Yes.ICOs are promoting their own projects through the help of bounty hunters.So if the bounty will come to an end,most ICOs prefer their own tokens to be paid to bounty hunters for a more promotion and for that,they will surely benefit from it.With this,through paying with their own tokens,a particular project will be more exposed and will surely grow depending on the value of their tokens being given.

There is a reason they are making payments with tokens, as they require eth to make the project running. At the same time they want many of their token owners to try their project, increase the daily volume at the trading place despite the massive sale happening. But it all depends on their plan.

We choose the bounty campaign ourselves. We analyze the project in which we want to participate. Do not shift the blame on anyone else. Just need to learn to define a good project.

I think most of us that have participated in bounty campaigns have felt the brunt of a failed ICO. All that work and nothing to show for it, but that is sadly the risk of joining these bounties. Research is needed to pick good ones and hope they meet the softcap