Title: Bounty campaigns in a nutshell... Post by: vphasitha01 on June 22, 2018, 03:30:15 PM I have found a good educational video[1] regarding "bounties" and I think it is better to share the content of that vedio for the people who are willing to join the bounty campaigns but not having basic knowledge about this process.
What are bounties? Block chain companies, project teams encourage crypto community members to help with various simple tasks in order to reward with tokens. This process we called as "bounties" Standard process
Types of campaigns
How many tokens do you receive? Certain percentage of total bounty allocated for different types of campaigns
Code: Reward = (# stakes / total stakes of participants)* total token allocated for category "Stakes" example
Code: Your total rewards = (100/7100)*10,000 = 140.85 tokens Words of caution
Why ICOs love bounties?
[1]-video source>>>https://www.youtube.com/watch?v=JOfHFvN-r48 (https://www.youtube.com/watch?v=JOfHFvN-r48) Title: Re: Bounty campaigns in a nutshell... Post by: huhhuh18 on June 22, 2018, 04:51:49 PM The ending statement is very true. It seems all campaigns will a large number of hunters constantly working have good outcomes.
Title: Re: Bounty campaigns in a nutshell... Post by: ParRus on June 22, 2018, 08:19:09 PM I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets.
Title: Re: Bounty campaigns in a nutshell... Post by: Welsh on June 22, 2018, 09:06:54 PM I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets. Security should be the very fundamentals that you learn before anything, and not exclusively for bounty campaigns. In fact if a bounty requires you to download anything I would advise that you download it in a separate virtual machine at the very least. Title: Re: Bounty campaigns in a nutshell... Post by: vphasitha01 on June 23, 2018, 01:31:12 AM I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets. Security should be the very fundamentals that you learn before anything, and not exclusively for bounty campaigns. In fact if a bounty requires you to download anything I would advise that you download it in a separate virtual machine at the very least. Another thing I also believed if you're willing to participate bounty campaigns better to create a special e-mail for bounties and also never share your PRIVATE KEY with anyone. Title: Re: Bounty campaigns in a nutshell... Post by: LTU_btc on June 23, 2018, 11:43:16 PM So, these guys who are posting social media reports on Bitcointalk are influencers? Good, I didn't knew, I thought they are just spammers or bots with fake followers :/
Ok, seriously, not bad guide ;). But honestly, I hate to see that soooo many people coming to Bitcointalk only for bounties, many of these people aeen't even interested in crypto. Title: Re: Bounty campaigns in a nutshell... Post by: Antonovski on June 24, 2018, 12:18:59 AM Great topic man! This would educate newbies what a bounty campaign is all about. I hope everyone interested to join bounties can read this.
Title: Re: Bounty campaigns in a nutshell... Post by: vphasitha01 on June 24, 2018, 04:17:44 AM So, these guys who are posting social media reports on Bitcointalk are influencers? Good, I didn't knew, I thought they are just spammers or bots with fake followers :/ Nowadays influencer buildup their credibility in specific areas by bots and all, no real organic audience. So with the technological advancement anyone can gain fake followers with few bucks and joining for the bounties and filled up whole pages with their annoying reports. I think if bounty campaigns tight their rules regarding no of followers and percentage of real followers, the spam problem can be somewhat minimized.Quote I hate to see that soooo many people coming to Bitcointalk only for bounties, many of these people aeen't even interested in crypto. Yeah I also think bounty managers should limit the participants per project and should increase the rank required for bounty participation which is very hard task for shitposters in these days with the merit system.Title: Re: Bounty campaigns in a nutshell... Post by: vphasitha01 on June 24, 2018, 04:19:55 AM Great topic man! This would educate newbies what a bounty campaign is all about. I hope everyone interested to join bounties can read this. Thanks for your pleasent compliment man :)Title: Re: Bounty campaigns in a nutshell... Post by: 1miau on July 29, 2018, 09:20:57 PM Good work, very detailed and useful. => 1Merit :)
Types of campaigns
Maybe you can add here some more information, there are numerous tasks for social media Bounties:
Or even if you are not an influencer:
The results of these tasks, especially the last ones, are not very high compared to other ones, like signature or content, but it's relatively easy to fulfill them. Why ICOs love bounties? Yeah, thats the main part... The team pays the bounty hunters with their (often) Shitcoins which are getting dumped immediately after the listing. This is a marketing causing zero costs for the ICO team, because all the tokens are created by them. If it's a scam project they have a marketing campaign for free. :DDoesn't require hefty marketing budget before token sale Allowing percentage of tokens for bounty (technically they have lot to utilize since they are the creators of token) Title: Re: Bounty campaigns in a nutshell... Post by: vphasitha01 on July 30, 2018, 02:20:08 AM <...snip...> Regarding ICO, nowadays almost all are becoming scam. Any one with Coding experience or not can create a token out of thin air. Get a ANN design and ICO website within few dollars and launch a ICO. Then copy a good white paper from internet. Those fake teams are collecting millions of dollars and get vanished like ghosts. Sometimes even they have given excuses like we can't achieved our funding goal, hence we decided to stop the ICO further notice. This is the harsh reality in these days. :D Title: Re: Bounty campaigns in a nutshell... Post by: Protonem on July 30, 2018, 03:35:41 AM For joining bounty campaign, there are more specify rules about minimum requirement posting /week for signature campaign and report /daily for social media campaign. Definitely, i would like be agree for nowadays that is getting hard finding very good ico that potential to be huge success.
Title: Re: Bounty campaigns in a nutshell... Post by: Luke101 on July 31, 2018, 05:46:21 PM I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets. Exactly... because you wallet will be your vault with the token youll.be receiving and you need to.securr them. Title: Re: Bounty campaigns in a nutshell... Post by: btc-deltacoin on August 06, 2018, 03:09:23 AM I will say from my experience, I watched a lot of videos on YouTube channels before I had to go into bounty companies. I want to note that for a beginner you need to start with the security of wallets. Exactly... because you wallet will be your vault with the token youll.be receiving and you need to.securr them. Title: Re: Bounty campaigns in a nutshell... Post by: haohuynh on August 06, 2018, 03:35:01 AM Another things by joining bounty is KYC to get tokens.Must be careful to give our information for scammers.If it's a scam project they have a marketing campaign for free.
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