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Author Topic: Bounties - how do they work?  (Read 1560 times)
kodtycoon
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August 27, 2017, 05:06:39 PM
 #21

How do bounties work?

What factors determine how much someone gets paid and what do you have to do?

Has anyone made decent money?
Bounty can be gained by participating in projects and campaigns they create and we only need to promote their projects on a social media, translate, signature campaign etc. You will get pretty good money from bounty program.

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Vladimir Kirilenko
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August 27, 2017, 07:30:50 PM
 #22

No so far, I conducted a small analysis, on five successful projects and their bounty companies.
I would divide it into three main components:
1. How the company pays for participation: either it is a fixed amount in fiat, or this is a percentage (usually 2-5%) of the amount of money collected.
On average, companies spend 3% of the amount of their ICO, or 100-200kk.
2. Distributed total allocated amount, by type of company. The big part always goes off as a rule to bitcointalk.
3. Types of necessary promotions:
Promotion by bitcointalk
Promotion by articles
Translations
Facebook
Redits
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September 26, 2017, 12:49:47 PM
 #23

Does anyone have experience doing this, like how much coins did you get, how long did it take for you to get them, does the project need to reach its hardcap or not, ... I'm supporting Change Bank because it's the only project I've ever seen that could effectively cause mass global adoption (over 10% of the global population) in less than a decade, but I'm curious how this campaign works cause I've never done this before

imusify
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September 27, 2017, 12:09:19 AM
 #24

HI,

Bounties payments are set by the crypto owners. Most of the times you can participate by promoting the crypto at many platforms such as twitter, facebook, Reddit etc, and ofcourse bitcointalk.

I think the people who participate the NEM bounty made a lot of money if they hold their coins for long time.
Without the participation of bounty hunter then dev will not be able to reach the sales target. they work to provide information about a coin then investors will see it and invest. bounty hunter works to get rewards from dev and hold it until the price exceeds the market price.

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September 27, 2017, 05:19:47 AM
 #25

Does anyone have experience doing this, like how much coins did you get, how long did it take for you to get them, does the project need to reach its hardcap or not, ... I'm supporting Change Bank because it's the only project I've ever seen that could effectively cause mass global adoption (over 10% of the global population) in less than a decade, but I'm curious how this campaign works cause I've never done this before

The amount you get basically depends on the allocated distribution depending on what campaign you are joining, and sometimes I get them right after the ICO. They are found usually on the first page of the bounty thread and tell you when they possibly distribute the reward. For the hard cap or soft cap it is mostly found on the website, and you also read the white paper so you would know how much is their target.

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September 27, 2017, 10:39:23 AM
 #26

Does anyone have experience doing this, like how much coins did you get, how long did it take for you to get them, does the project need to reach its hardcap or not, ... I'm supporting Change Bank because it's the only project I've ever seen that could effectively cause mass global adoption (over 10% of the global population) in less than a decade, but I'm curious how this campaign works cause I've never done this before

The amount you get basically depends on the allocated distribution depending on what campaign you are joining, and sometimes I get them right after the ICO. They are found usually on the first page of the bounty thread and tell you when they possibly distribute the reward. For the hard cap or soft cap it is mostly found on the website, and you also read the white paper so you would know how much is their target.

Thanks!

imusify
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.
.

.

.


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September 28, 2017, 05:50:24 AM
 #27

The best in the bounty is that you can pay coins for internet marketing.Good tread about internet markening-
https://bitcointalk.org/index.php?topic=1120060.0
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September 28, 2017, 10:08:56 AM
 #28

Bounties are the best source to promote the project and to get awareness about the project. Each company will decide before starting a campaign what is the campaign they are going to start and they will provide the rules for each campaign. According to the requirement, those who are qualified will apply for the campaign.

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September 28, 2017, 10:38:26 AM
 #29

If you doesn't have any idea on how they work then its better to find those bounty minded nor campaign manager to discuss it for you but don't expect that it is free since knowledge about things here have some cost but you need that information so that you can gather more from it and to use when you want to run your own bounty camps.

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December 12, 2017, 01:44:08 AM
 #30

these were helpful points about bounties

one thing i dont understand is, the bounties require a form to be submitted with your email and receiving token address; then why not send a confirmation email and stakes rewards as tasks are done.

Why keep a public log of all email ID, twitter handle, etc?

Just trying to make sense of this whole process.

thanks!
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December 12, 2017, 02:35:35 AM
 #31

these were helpful points about bounties

one thing i dont understand is, the bounties require a form to be submitted with your email and receiving token address; then why not send a confirmation email and stakes rewards as tasks are done.

Why keep a public log of all email ID, twitter handle, etc?

Just trying to make sense of this whole process.

thanks!

as far as i know bounty/ico campaigns doesnt need your email address but some of them requires you to fill up a form or a google docs sheet to be able to apply and join. airdrops are the only on who requires your email address and other important details like recieving token address or eth address and other stuffs like bitcointalk username, social media aacount profiles (i.e  twitter handle and facebook profile url ) , telegram/slack username. bounties dont also send an email to you because as i mentioned earlier they dont required you for your email address upon joining but airdrops usually do this. the main reason why they keep a public log is because for you to see if you input a correct details during applying and also to see your overall stats.
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December 12, 2017, 02:57:06 AM
 #32

It is completely different kind of promotional activity which will be spent by the owners in terms their own tokens. Each company will allocate some % to the bounty people those who want to promote their company crowdsale and presale. After successful completion of ICO they will start distributing to the bounty people.

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December 12, 2017, 03:24:38 AM
 #33

Also, for a newbie

Is there a set of flags or things to check for the bounty offerers? How does someone new identify that the bounty offerings make sense, trustable, wouldn't change mid-way, etc?

thanks y'all!
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December 12, 2017, 05:33:31 AM
 #34

Also, for a newbie

Is there a set of flags or things to check for the bounty offerers? How does someone new identify that the bounty offerings make sense, trustable, wouldn't change mid-way, etc?

thanks y'all!

One of the things that I consider when joining a bounty campaign is the bounty campaign manager. Those high ranking managers are more trustworthy for me than the newbies. I check the announcement thread of the project and bounty campaign and if they provide more information especially the developers of the project and their linkedin accounts are connected to it then it would be more trustworthy. There is no sure way to detect if the bounty campaign would pay or not. It would depend on the success of their Pre-ICO or ICO if they would pay its participants.

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Flickkk
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December 12, 2017, 12:55:47 PM
 #35

its a Job in This Forum where you get paid by tokens.
sometimes you need to finish the weekly quota

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December 14, 2017, 02:08:12 PM
 #36


[/quote]
Bounties is you can earn token by participating campaign like Facebook Campaign and Twitter Campaign you just need to follow there rules like you need to post and retweet 5 times a week. To earn more token you need to participate different campaign there is a lot of campaigns. But it all depends if the ICO will success or not , if the ICO didn't success you will not receive any tokens and it will just a waste of your time and effort.
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December 15, 2017, 06:51:26 AM
 #37

bounties works by paying those who promote their projects. many factors influence how much they get great results like the project is successful or not, what campaigns are followed, or when they follow the campaign. so far i have received a decent payment
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December 15, 2017, 07:00:05 AM
 #38

How much can someone earn in a bounty? And what is the needed rank to do a bounty? I am really interested to earn.
eagleman
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December 15, 2017, 10:56:43 PM
 #39

How much can someone earn in a bounty?
Not exact amount on how someone can earn through bounty. It depends on how much they contributed to the advertise that project. There is a corresponding rate for each type of bounty campaign you'll do, signature / social media campaign and others.

And what is the needed rank to do a bounty? I am really interested to earn.
Some are requiring minimum of Jr. Members and some are just good with no ranking qualification.
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December 16, 2017, 01:37:24 AM
 #40

How do bounties work?

What factors determine how much someone gets paid and what do you have to do?

Has anyone made decent money?

the only thing i see there is that, you are advertising their product through facebook or twitter this requires you to have some friends on both then after you get your rewards by paying you with their token.
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