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Well, that is the main reason why it is absolutely necessary to analyze (at least on the surface level) the projects behind the opened bounties and not just blindly joining everything you stumble upon. Most of the aforementioned projects wont reach their soft cap, so consequentially no payments will be made.
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The project behind the endorsement could be a solid one, but to trust the celebrities promoting it is very naive. Most of the time its just a quick money grab, where those celebrities help the project to gain a big chunk of exposure from non-crypto community, and that is all.
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I am not too familiar with the mentioned project but I remember it got a solid amount of hype and attention when it was at its ICO stage. At the moment it has a mini/micro market cap so with some listings on better centralized exchanges its price could get a nice boost, that is for sure. But again, investing in these coins is way riskier that investing in already established currencies.
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Not sure, but I am aware that there is a specific section of "dead" coins or the coins with extremely low or basically non-existent daily trading volumes. Oh, now I see, they are marked as inactive, like for example the famous Bitconnect one.
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For sure, it has happened multiple times that I have disregarded a project simply on the basis of poor design, graphics, layout etc. If they are unable to make their product/website/etc. at least partially visually stimulating, I wouldn't trust them with the actual development (and everything else in between) of it.
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Not sure as I haven't done much due diligence on the topic. The only thing I know is that I will definitely stay away from Tether and may go for trueUSD or any other one that has been recently listed on Binance. I have heard good things about Dai as well.
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Too many people were into the ICO scene for the short term profit aka flipping, but the demand side has said "no, we are out of here". Even right now there is nothing wrong in participating in ICOs, but do it if you believe in the long term potential of the project and wouldn't mind the potential initial drop after the exchange listings.
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In this relentless market it is still possible for a bounty hunter to earn a nice chunk of doe, you just have to be very selective and throw out useless campaigns. But in comparison with the previous year, the overwhelming simplicity of it is almost gone, but its still doable, but I wonder when it wont be anymore.
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I am rediscovering warm water but if you really want to not loosing sleep over it, you have to sacrifice those 70 bucks and get a Ledger (or Trezor, which is a bit pricier). But iIf you are holding some minuscule amounts, I would store those coins on Binance with enabled multiple layers of security, 2FA is a must.
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I am aware that the OPs post is an old one and that he has probably already spent the mentioned money, but in the long run NEX could be a great passive income "entry point" for people who lack funds for master-nodes. Its ICO is over but it will be available on exchanges in couple of months. You should be prepared to lock your tokens tho.
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