Bitcoin Forum

Many of you might have noticed some bounty programs payout by shares (the more people involved, the less tokens you get). Others payout a fixed amount.  Example complete (a) and receive 100 tokens.

I personally think bounty shares are a scam that no one can calculate without having access to participant data (which is never provided).

Fixed amount bounties are much more traditional and in the bounty hunter tradition.  You get what your promised.

What are your thoughts and which do you recommend?

I think it depends upon the number of participants in the campaign, percentage campaigns end up giving huge reward if the number of participants are less, i have seen people making huge number of tokens just because there were few participants only like in signature campaign and percentage allocation was high whereas in gixed reward you cannot get lucky, i mean you only get what they posted and usually that is small reward so i still favor percentage campaigns, you have to be smart and find out the low participant and successful projects to win big.

You cannot justify one ICO just because of the rule of their bounty. It aint a scam. It is just that it takes months and they want some workers who will do it until the end of the ICO. If they just pay it weekly then it is going to be a lot of work and also their token is mostly used for selling to the investors for starters.

Fixed amounts is mostly used for services in the bitcoin field where they payout weekly to boost the user into giving worthy paid posts.

It surely can't be called scam only because of you not being able to calculate it. It's very easy to calculate if total amount of tokens allocated for bounty is also distributed as supposed.

This is an interesting point.  Low participation campaigns don't necessarily mean the project won't be successful.

When structuring a bounty program maybe the best setup is a combination of percentage and fixed rewards.


If the bounty reward is say 100 tokens, you participate and get paid out (1) token.  There is no info to prove 99 other people participated.

Public chain info on etherscan, etc does not display Bounty Info with the transaction hash.

How do you know you were paid fairly? 

More than a year ago, bounty hunters had a good income, which could reach $ 10,000 per month, but now it is not. A lot of people participate in bounty programs and most of them are multi accounts, if you look at the table, the number of participants reaches 2000-3000 people and the payment at the end will be 20 dollars. I participate in several bounty programs and it takes me 30 minutes a day, it's for fun. The time for good bounty awards has gone. But if you have more than 100,000 copyists on YouTube channel, twitter, linkedin and other social networks, then you may well be good at this one!

I believe that it doesn't matter what the payout is, as long as you due your diligence and work decently hard for it, any payout is better than not. What you should worry about more than the type of payouts, is will they payout? I often times find that a lot of these "bounty programs" don't pay out and that is what really ticks me off, not the type of payout.

personally I prefer bounty payments that have been fixed but I also like when paid in a stake or shares.
usually a bounty campaign with a fixed payment system will be limited while a bounty campaign with a stake or share payment system will not be limited.

I go for bounty share, it pays more, but in a situation where there are too many participants fixed bounty payout pays more i have never been part of any fixed bounty payout for once.

For bounties like twitter and facebook its obvious to have shared stakes, however for translation content creation fixed amounts are usually given. This is because project owners and bounty managers have fixed slots for them, on the other hand the more social media bounty and signature bounty participants they get the more promotion happens, hence the shared stake measure.

I rather hope that the calculation using shares, or that we know are the stake. The fewer who follow the bounty campaign, then the results we get will be more and more. And I do not think scammers can be seen from their calculation system

I think there are mostly fixed amount of token payout in the bounties and I have not seen any bounties with according to share of participant. For now, thats the best option I guess, I mean this makes sure that how much ICO is willing to from the total supply of their coins adn they can make their plans accordingly as to survive the market crash that may occur after dumping so many coins at the same time. On participant side, yes its always advantage as we also can keep track of how much token we will be getting.

Well I usually prefer fixed bounty payout, just because it makes easier for me to know the amount of tokens I will get, but on either options you don't really know what you will get (at least in terms of fiat), so I guess that in the end it wont matter much.
You never know how much each token will be worth at the end of the ICO, and you usually have to wait a while before you actually get paid, so there is always the option to end up getting a good payment, or a poor one.

I think you really need to look at bounty campaigns as if you were going to invest on the project yourself, because in the end, you will be investing your time on that project. If you think it's a good project and that the tokens will be worth something, then I guess you will always be happy with the overall result.

I will prefer the fixed amount more, compared to the shared, except the bounty manager is someone that can be trusted. There is one thing i have also noticed about shared bounty, most especially when it comes to signature campaign, the members with higher ranks get tremendously higher reward compared  to those of lower rank.

I don't think so :). You only receive just little amount of token after each bounty campaign just because of your low account rank, beside I think there is one more reason that you join social media campaign which always has big number of participants and lower share than signature bounty :)

Really depends if you really trust and believe the project or you just do it because you got free money.
At the first case- the more successful the project will be the higher chances of you to get higher payout, on the other hand when it's a fixed payment you already know in advance  that you are going to get X amount of money.

I usually go for the fixed payout because I am really sceptic when it comes to ICOs because I think that most of them are scams, I prefer to get guaranteed money for my work, other then taking the gamble of investing in something that I am most likely don't believe in at all.
Stay safe and you will be able to live longer in the cryptocurrency market.

 

True. Bounty shares are difficult to calculate and you don't even know how much you will earn until they put you the value you earned end of the campaign or after some time once the campaign is over.

Bounty fixed payments are good but you cannot easily jusge that those project are really a good one or a potential project to give away your earnings once they are successful. In both campaigns you have the risk that the payment may be recived or may not be.

I have worked for both either stakes or share and fixed payout and I like most bounty shares as in this if bounty pool is big and participant are less you will earn big. Other side I have seen in fix payout very payments we get. And for particular signature campaign there is always less participants and bounty pool is also high compare to other campaigns so we will get more higher reward rather than fixed payout. 

I do not know what you talk about, but in every single bounty I joined the spreadsheet for participants data was shared in public . If any bounty choose not do make it public then I never join, because hiding something without any reason = shady acts .

share based bounties are usually paying a lot more than fixed one specially if they have no much participants, and btw bounties with high number of participants end up with much less numbers than shows after deleting multi account users and cheaters etc .... .

It does not matter or fixed. the main thing that the project was on the exchangers! and the price did not fall x10

Almost all bounties make fixed payments. It turns out that the more people, the less tokens will be in one bet. Accordingly, people get less. But that doesn't mean that bounty Scam

For me, I think bounty share is still fine. If you wanna complain about bounty share, at first you should take a look at your rank then you should take a look at which part of bounty that you joined. If you only join Facebook and Twitter bounty part so I think there is nothing to complain when you only received small amount of token from each bounty campaign ;D

I consider it necessary to make a limit of participants! I do not understand those people who follow good managers and join their bounty, earning a few dollars ... I try to make bounties that are heavy, that would register fewer participants and eventually get good money! Good managers are asked to do 3 retweets a week or 5 retweets, so they recruit 5,000 participants, which is good for the project and managers, but not for bounty hunters!

Recently, there is a lot of scam among the bounty campaigns. Also ICO projects can not attract investors from a falling market that does not allow paying bounty hunters the promised tokens.

It wasn't a scam bro, it only depends on the terms of a project ico. We cannot assure for that as long as it will be done. Most of the bounties are in fix form it will also depends on how many participants listed.

indeed the current number of participants is very much and affects the amount we get from the bounty hunter program, and the share distribution we get is shared to all participants based on what they have done, because usually the allocation for bounty hunter is not more than 5 percent of sales or overall token

I have a problem with people that have a problem with everything. Different projects different strategy. I think there are also terms and conditions which you have to read before you do a bounty. Read it and Do the one you think is best for you and leave the one you are not feeling. You don't have to complain about everything.

I find fixed amounts are good for the high participant bounties (social media ones especially), and the percentage stakes tend to be more profitable for the lower ones (signature, content etc.). Like someone mentioned above, it's unlikely you're going to get rich doing bounties, but you can maximise your returns if you're clever. At the end of the day, you're getting something for nothing (apart from time), so if you've got the free time, might as well give it a shot. You might end up with a load of crap, but on the off chance that one happens to hit the big time, you can make some good money. Other than that, just research before you get involved, if you think it has the telling elements of a scam, then don't waste your time.

If you don't like to gamble fixed amount is better choice, but shares give you the opportunity to earn much more. Personally, I'm trying both options. Fixed amount is more profitable for now, but the shares are more fun :)

I'm not agree with you, it is depend upon many reasons like number of participants, rewards distribution according to particpants (If memeber are less, rewards are high). Also we cannot judge bounty on one ICO. I know bounty fixed price is easy to judge and calcute but sometime bounty shares are more profitable if participants are less and tokens are high.

All the ICOs I have seen to pay fixed amount underpay severely compared to above-average stake-based campaigns.
In stake-based campaigns there is room for mistakes by bounty hunters. It is up to the hunter and his ability to find the most lucrative payout structures for his situation (forum rank, quality of articles/videos, social media followings). A lot of bounty hunters enter in wrong campaigns and lose huge value.

I am a seasoned bounty hunter and I devote a lot of time in searching, comparing and choosing the most lucrative campaigns. I don't just open up the list of bounties and start producing content en masse. I will never enter a fixed payout campaign, because I know how to sort out the top 1% of best campaigns and I will always be paid much better there.

I prefer bounty share, because no matter the number of participants who participate, the prizes we receive remain the same
in addition we can find out whether this bounty job in accordance with the pay.

Fixed bounty payments are in fact better as opposed to shared bounty. We will know exactly how much a user is going to get. Rather in a shared one, the numbers are not predicted beforehand and so is the amount. But the platform it’s being used depends whether it is shared or fixed bounty.

Bounty share seems to be complicated when there are more than 100 participants that are about to share regardless of the rank/shares amount. Your expected share can also be low.

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Fixed payout will do, you have an expected reward on much you'll receive weekly.

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But there can also be good part of bounty share if you are only few then you'll receive high share.

Both are good to me at least I can earned a little for a daily needs hoping there's a lot of projects to come on bounties so small community can continue to earned for a living if rich is hard to achieved remain cooperate with ICO gradually we feel that were on top not counting of what we expected.

Most of the bounties are Shared system. Though Fixed Bounty Payout has some advantages but Share Bounty is not bad also. Sometimes with share bounty you will get lot of tokens than fixed bounty.

I also like the traditional bounties. These are very convenient and easy to use. These are very promising as well.

with stakes you will not know how much you will get until the ICO is finish. your rewards depends on how many participants join and many coins are sold. there are fix reward but there is a limit in the participants. if i want to run an ICO i choose the stakes with no limit to participants. the more to join the more it can help advertise the ICO. in the end the ICOs team will decide what will be helpful to their project.

That's right, the fixed bounty pay out are usually the bounty manager they have a fixed pay out, and about the hunters they will get an unexpected payout. It will depends on how many participants joined.

I will give two thumbs up for a fixed bounty payout because it will lessen the effort of bounty manager computing the rewards once ICO was finished. You are correct, the more the participants, the lower the reward you can get which is pretty unfair. I experience that many times where I give too much effort and long time promoting their platform but in the end, the reward I got don't even meet my expectation because of too much number of participants. Still, if every bounty will give a fixed bounty payout and there will be a huge number of participants, it will be unfair to those investors who actually provided fiat money to grab those altcoins. Actually, there are pros and cons on your idea.

ICO teams want as many people as possible involved so that the information about their project will reach more people. Stake system is okay if bounty managers check on the quality of participants' work and eliminate cheaters.

The whole of the bounty campaign i had been participating were used to be bounty shares not fixed and i'm used to be okay by the method of distributions. I can't say much about fixed for the fact that i have no experience about it

I think people will like when bounty is fixed in this situation people don’t need to know ICO result.

This is really tough to define directly. You can't legitimize one ICO as a result of the administration of their abundance. Settled sums is generally utilized for administrations in the bitcoin field where they payout week after week to help the client into giving commendable paid posts. Actually this depends on the situation.

it is true of the number of participants who can determine the many or at least the distribution of tokens that are followed ..
and I am more interested in bounty by way of direct payment because it is safer than all things we do not want a real example just a lot of bounty now a scam .. :'( :'(

I prefer stake than a fixed payout. The stake will be based on the number of participants, which mean you'll have a chance to get more reward than normal when a participant was rejected (because of any reason). And for my experience, a Fixed amount usually lower than reward by calculating stakes.