I mean if everyone stopped making investment into the ICO then how do you think that new coins which may have greater potential than the current will exits or will be created. Yes, there is that need to inject something new into the market. A lot of coins/tokens in the market now are dead. Projects with better technology and with real use case is still needed.
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Yes, I have the same thing. I only participate in bounty campaigns of proven bounty managers. Of all the bounty managers, I can highlight sinatrra12 as the coolest manager.
LOL. You won't be getting stakes from Wapinter this week.
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Is it? • Through Manager • Projects Concept/Whitepaper • Bounty Presentation • Etc.
I have been participating in bounty campaigns for quite a long time. From my experience, joining campaigns handled by reputable and experienced managers saves you a lot of time since they do most of the background checking. But I do not encourage hunters to blindly participate, still make an effort to scan the project's website and whitepaper. Much better if you treat a bounty campaign like how you choose a project to invest into.
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Telegram: Regarding the 17,000 group this was a testing group that was formed with our partners (brokers, asset managers, public chain, etc) for final testing purposes. However you are welcome to join our official telegram group here: http://t.me/BXBexchangeAre you sating that all these 17,000 member are all beta testers? I have joined a few days ago and all I can read were price discussions and not about the product. Team: We have a strong team. The best way to see the strength and capabilities of our team is to download and try our products. We are the very first exchange to launch with so many unique and innovative products in this market so far. I am very confident in this. Okay, I have seen this video which reveals your identity https://www.youtube.com/watch?v=Nx_Z1DEizvo but I still do not get it why the other team's identity is unknown. Knowing who are behind these products adds confidence to all potential users.
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Thank you! I have been looking for a site like this.
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My first time to know of AT Exchange, looks like a new exchange.
Implying that people will make money because your coin is listed on a new exchange is not a good way to promote your project. You are just encouraging them to FOMO and participate in a pump and dump. Don't you think it's better if people would invest after learning more about your project?
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Hello bounty manager,
May I ask why you accepted this bounty campaign even if the team behind this project is unknown? There is no mention of a token sale yet on the website but if they open up an ICO, don't you think the campaign would fail given that investors nowadays are smarter and would not just put their money to a project without a verified team?
Also, the telegram already has over 17,000 members but twitter only has 5 followers and facebook only has over 800. Was the telegram from an old project that was just renamed?
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The current market condition probably had an effect also but these are still dismal figures. From the statistics shown, I can conclude that investors are much mature and smarter now. This should serve as a challenge to all upcoming ICOs. Investors need more than the usual good-looking website and well-written whitepaper now. It is no longer enough to have "innovative" ideas, each ICOs should atleast have a live MVP before opening their token sale.
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You have presented a lot of valid points in considering bounty campaigns to join. I just do not agree completely to this one "Before join any bounty campaign, know the managers. He is well reputed or not. Check his past work how they are success. Try to avoid those aren't well reputed and who managed most of scam ICO." Managers cannot control the actions of the founders/developers despite their due diligence in selecting bounties to promote. That statement also drive away hunters from joining campaigns handled by new managers.
Maybe what is meant by OP, for managers who are professionals, they understand the rules of the forum and more experienced to choose ico which is really real, and those who are new managers are less aware of forum rules and as a result the posts about their bounty were deleted by the moderator. And in my opinion, for bounty hunters not only pay attention to ico there is an indication of fraud or not, But notice how they post their ico promotions on the thread. Maybe. But still, just because a manager is new does not necessarily mean he/she doesn't know the rules of the forum. Let's say for example there is someone who has been around this forum for sometime and has experienced participating in numerous bounties decided to become a bounty manager, does that the bounty campaign should be ignored by bounty hunters because the one handling the campaign is new and has not established his/her reputation as a bounty manager yet?
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I had a good laugh when I saw your newbie eagle photos. There should be better images available on the internet. If you cannot find one, maybe use an animated baby eagle.
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Tapping the social media influencers like those on youtube seems the most effective and also publishing articles on established cryptocurrency news sites. Airdrop and bounty campaigns are good in increasing community members but, from what I observed, only a small percentage would actually put in their money.
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Looks like the post was created to advertise Staker ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway, don't be fooled by project/s that offers high stake rewards because a lot of them are just hype but with little value and have no real use case. I'd also suggest a coin like Dash.
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I am a bit surprise that after those two temporary bans you got, you still have not change the quality of your contents. You are a bit lucky compared to others who were permanently banned for similar violation/s.
Just to clarify, you were not banned for joining signature bounty and making 10 posts. It's the low quality posts (one-liners) and the copying of other replies then posting it as your own.
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I started checking some topics on this section a few days ago and I've read many complains about bans and merits. Your initiative should be able to motivate users of this forum. I must say, that it's going to take time for you to make a list and monitor.
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1.agi 2.lsk 3.prl 4.xhv
These 4 alts are all promising and possible some of the highest returns in next bull run.
Anyone else who actually has researched alts have there opinions on these or others?
If you have done research over the ALTs, you should come up with the facts and figures and not just randomly put few alts name in a thread. In that way your topic becomes more interesting. Also, other members get benefits of your research. At this moment of time, there is no way any other member could decide whether or not to trust your research without any facts. Right. OP should atleast provide more information as to how he came up with that conclusion. Anyone could just put up project names and say "after 1 year of research".
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If no one invest in ICO, who would then? ICOs are just like fuel in the crypto space. They are the ones giving crypto more popularity and withspread dissemination of info. I think you have not done a genuine project that would that would make one to be astonished by their activities.
OP already mentioned that it should be funded thru Venture Capital instead of an ICO. I think it is also a valid suggestion since well-off investors will definitely screen all these blockchain projects on a different level than small investors do.
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Great inputs by OP
Inserting my thoughts:
1. A lot of scam projects are creating bounty campaigns and ANN threads. Once the bounty campaign is finished, they vanish all of a sudden without paying the bounty hunters and leaving the investors in limbo. - This is what's driving real bounty hunters and investors from joining campaigns.
2. The quality of the bounty managers have gone down. Junior level members are acting as bounty managers and they often don't update the spreadsheets and sometimes indulge in cheating by enrolling proxy accounts to the campaign. - Yes, I noticed this one too. This is not to discourage aspiring new bounty managers but if you plan to be one, atleast gain some few merits.
3. Large number of newbs are signing up for bounty campaigns, often enrolling using purchased Facebook / Twitter accounts (esp. in Social media bounty). The quality of posts being done by the bounty campaign participants have gone down quite a lot during the last few months. - The popularity of bounty campaign have gone up so this is expected. When I started in this forum, I was also one of those others call as "shitposter" or "spammer". These newbies could become better in time.
4. Even those bounties which pay end up listing at 80% or 90% discount to their original prices and in the end the honest bounty campaign participants end up with very small rewards. On the other hand, those signing up with 10-12 multiple accounts end up with sizeable rewards. And it is the latter category, which indulges in token dumping. - I could not agree more
5. There is no incentive to hold on to the tokens, as a majority of the ICO promoters dump their tokens in the market and vanish. If you check, the vast majority of the listed ICOs are in a dormant or defunct state now. - Boom! Finally, someone else said it!
I have a few suggestions to resolve some of the issues, before the issues go out of hand.
1. There should be a requirement that if anyone want to post an ANN in Bitcointalk, he must deposit 0.1% of the total amount (of the softcap) in an escrow account. For example, if a project is planning to raise $50,000,000 from the investors, then before creating the ANN thread the promoters must deposit $50,000 in either BTC or ETH to an escrow account held by the Bitcointalk staff. If the soft-cap is smaller, like $500,000 then the escrow amount should be 0.1% of that, i.e $500. If the promoters vanish, then this amount should be forfeited. Also, if the promoters go back on their promises once the tokens are listed, then this escrow amount should be frozen and may be (partially) released only if they achieve the objectives which they had promised earlier. - I really like this concept. I have read before about this ICO 2.0 where funds are put on an escrow and can only be released upon community votes. If the community is satisfied with the development and wishes the project to proceed, they can vote to release additional fund for further development.
2. There should be a list of approved bounty managers and those outside this list should not be allowed to act in this role. There are a lot of trusted bounty managers here, like Yahoo62278 and Lutpin. I don't think that newbs should be given priority over them. - The idea is good but what if they assign someone from their own team to manage the campaign instead of hiring a new one? Another question, who would make this pool of bounty managers?
3. In order to participate in a bounty campaign, it should be mandatory for all the users to post their ETH address in the "Location" field in the profile. I have noticed a large number of spammers using someone else's BTT account and their own ETH address to enroll in to social media bounties. This step will put and end to the practise and will weed out the spammers. - Not sure about this. I believe a simple proof of authentication can do the trick
4. All the bounty campaign participants must be carefully screened before the payout. In order to prevent token dumping, a few steps can be taken. Since the bounty reward is 1% to 3% of the total amount, the promoters themselves can purchase this portion from the exchanges. Or they can make the bounty payments in BTC/ETH. There should also be a condition that the promoters should hold on to 90% of their tokens for at least 12 months. (Because I have noticed that it is the promoters who do dumping in the vast majority of the cases, and they blame it on the bounty hunters). - I think no promoter would ever accept a deal of 12 mos. token lock up. Payment is BTC, ETH, or Fiat is what these ICO promoters prefer.
5. KYC must be mandatory for ICO promoters and bounty campaign managers (unless they are on level 2 DT). If this is done, then the scammers won't be able to set up multiple fake ICOs. - I thinks this is being implemented already.
IF I MAY ADD: 6. All bounty participants should be atleast Jr. Member or Copper Member regardless of the type of campaign they wish to join. This should atleast minimize the number of spams and shitposts.
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