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Author Topic: Is IEO not becoming to be worst than ICO, any future for bounty hunters?  (Read 317 times)
jostorres
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May 19, 2020, 06:41:30 PM
 #61

Bounty will always be a thing for the companies who can't afford proper marketing. Its basically free marketing, you are giving away the made up money that you created out of thin air that worths zero unless those people market it, so you give them money to make it worth something. And bounty hunters knows that if they work hard and make it possible, the more they work and better they work, the more that money they will receive will worth as well.

At the end of the day bitcoin payments are gone, nowadays there are either no or very little amount of bitcoin payments on bounties, which is why to me it is almost over unless I find something very cool to my eye, but people will continue to do bounty hunting until there are not even a single cent to be made from it.

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May 19, 2020, 07:27:31 PM
 #62

As i understand Bounty is kind of marketing, if there have no IEO or ICO, projects still can do Bounty for their project publicity. So, Bounty will alive till project owners findout another easy or low cost way to publicity their product and project.
I guess there isn't any other way that is cheaper than the bounty Campaigns as the bounty participants spreads the information about the project to more than a million of people worldwide and that too for a fraction of price what the companies would pay for advertising to a central authority on these social media platforms. And after this too the bounty hunters are paid at last, and this is very bad form of behaviour by the project owners.

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XCANA
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May 19, 2020, 08:17:26 PM
 #63

Hunters season has gone into extinction because the entire cryptocurrency industry has been inflected with different types of scam projects around which these projects were or are be promoted or promote by these hunters. Sometimes ago, I did promote some bounties and got some good pays during the face of good project in place then compare to these days scam projects. Out of the bounties participated after the 2017, I never get the efforts of being a participants of these bounties. Bounties either through the ICO or through the IEO are more of scam than before.

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May 19, 2020, 08:24:30 PM
 #64

........ Interestingly, all blame is always shifted to the bounty hunters for dumping. How could you run an IEO with 100% bonus and not except a dump when it commences trading, that is double of investment in a short time most often within the same week or month. ......
Blaming the bounty hunter for allocations that are only around 1-5% is just defense from the dev team. If the project is good, the market power is strong, the small allocation will not easily make the price dump, so the dev team that always blames bounty hunters if the dump happens is a fool. Didn't they decide to hold a bounty campaign? they should know the right strategy, if they know the bounty hunter is the cause of the dump why hold a bounty campaign? very absurd.

IEO is one of the favorite choices to get profit now. The key is we have to find the right timing, coins or tokens from IEO are not good to hold in the long run. So sell immediately on the first listing, because that's usually the peak price.

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May 19, 2020, 08:36:58 PM
 #65

Probit is a shady exchange, almost all projects that launch an IEO there is 90 percent dump and that exchange has many bots and fake volume. Only few projects that launch an IEO on top exchanges have bounty like Cartesi and Harmony they have an IEO on Binance. So most of the bounties are not really worth it because only few of them can launch an IEO on a reputable exchange. IEO on sh*t exchange does not make sense and no effect at all. I guess it is a good thing no sh*tcoin will be added on the market only genuine projects will succeed and remain.
rexxarofmoknathal
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May 19, 2020, 08:42:43 PM
 #66

How about staying away from IEOs and ICOs entirely?

They're both damaging to the cryptocurrency industry and are single handedly responsble for burning the hands of millions of noobs and retail investors.

There's no need to go chasing crazy gains, unless you're willing to waste a similarly crazy amount of time when you inevitably fail.

Bounties are for plebs with nothing better to do. learn a skill and earn some real money.





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kaneki007
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May 19, 2020, 08:58:17 PM
 #67

I think the bounty is not only to promote the sale of tokens/coins, but if to introduce more projects or products. So if one day the IEOs/ICOs are not used anymore or even the hypotension is gone I think the bounty will still be there because it's the wrong marketing. It's just that if that happens maybe it's very rare for a project to launch a bounty campaign.

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andycarrol
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May 19, 2020, 09:07:57 PM
 #68

I think the bounty is not only to promote the sale of tokens/coins, but if to introduce more projects or products. So if one day the IEOs/ICOs are not used anymore or even the hypotension is gone I think the bounty will still be there because it's the wrong marketing. It's just that if that happens maybe it's very rare for a project to launch a bounty campaign.
why do you say your bounty campaign is the wrong marketing strategy ?? in my opinion the existence of a bounty campaign can have a good influence on the ongoing fundraising because certainly there will be many campaign participants who spread information about the projects developed by the platform that holds ICO / IEO.
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May 19, 2020, 11:10:38 PM
 #69

How about staying away from IEOs and ICOs entirely?
This is the logical solution, i am not even investing in any projects because i lost the trust a long time ago.

They're both damaging to the cryptocurrency industry and are single handedly responsble for burning the hands of millions of noobs and retail investors.
There's no need to go chasing crazy gains, unless you're willing to waste a similarly crazy amount of time when you inevitably fail.
Majority of the investors have an idea that these projects cannot be trusted for the long term and yet many like to gamble but the noobs always get burned.

Bounties are for plebs with nothing better to do. learn a skill and earn some real money.
Many hear about the crypto market and think that it is all about bounty hunting and there is the problem. Without any skills or finding a way to provide service no one is going to make any money.
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May 19, 2020, 11:13:30 PM
 #70

How about staying away from IEOs and ICOs entirely?

They're both damaging to the cryptocurrency industry and are single handedly responsble for burning the hands of millions of noobs and retail investors.
AFAIK, IEO or ICO aims to get project development funds, and serves to form a strong community. This is needed by projects with limited funds. ICO once provided many benefits, but that was only temporary and now is the time of IEO. The best way to get big profits with IEO is to act immediately on the first day of trading, IEO is not good enough for the long term because prices often drop after a few days. of course we must choose a trusted exchange.

we need to realize that there is no instant wealth with a bounty campaign, it takes luck. The crypto world is full of unexpected surprises.

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May 19, 2020, 11:14:49 PM
 #71

The future of the IEO once its successful in the crowdsale has nothing to do with the bounty hunters dumping their reward as before the start of the campaign, it was already budgeted by the team and they will know the effect once it will dump.

ICO is worst and IEO is the new way for crowdsale, but they are still part of the a crowdsale and it's just not selling this time because the market for altcoins is still is still not stable, remember that IEO is for new project, if it grows right away, its just due to the hype, but its long term performance is more necessary to determine if the project is going to success or fail.
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