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Author Topic: The longer the bounty, the fewer the earnings?  (Read 7696 times)
peter1
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July 18, 2018, 01:45:33 PM
 #861

I've thought about this before, and the more money you get, the more people you get, the less shares you have, so the more money you get, the less you get.
erichall
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July 18, 2018, 01:50:50 PM
 #862

My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?

Yes I have been in the same position. The bounty programs lately have been lasting WAY too long. I think the developers are getting greedy and expecting their icos to last months on end. Probably because there aren't as many investors so they think that extending it will be beneficial. It is irritating
Igorpap2
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July 18, 2018, 01:51:28 PM
 #863

I believe that your friend is completely right!  I try to avoid participating in bounty companies that go more than 8 weeks ...
If the company carries the main stage of ISO, this is very bad ... So the money on the presale is extremely low, and it is unlikely that this project will collect softcap  Tongue Tongue Tongue
But there are always exceptions to the rules.  Grin
erichall
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July 18, 2018, 01:52:38 PM
 #864

My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?

Not all the time I guess. Maybe it still depends from the bounty itself. Because sometimes there are bounties for short term but really give a big profit but there are also bounties that takes a long time but gives a small profit.

From my experience, bounties that are shorter - which usually means less participants - pay out much much more than bounties that last for months on end.

I have learned my lesson recent with the latter and will be more careful in future bounties I participate in.
coinuser4000
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July 18, 2018, 01:58:13 PM
 #865

My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?
Yes because more and more bounty hunters are registering in a time. So there are more stakes but tokens allocation is fixed. That is why you earn less in long lasting campaign.

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ThunderFive
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July 18, 2018, 01:59:55 PM
 #866

The longer the bounty, the higher number of the participants, so no doubt that the fewer the earnings
bohboh
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July 18, 2018, 02:01:02 PM
 #867

It's usually happens to me too, if I saw so many people on the spreadsheet before joining a bounty campaigns, I'll rather not join or if they extended the duration of the campaign,
All this allows for more work without adding more rewards.
Platon ES
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July 19, 2018, 06:36:13 PM
 #868

I also considered that long projects not for me, but I changed my opinion. I had several long projects, and not one didn’t disappoint me.
Andrej Peiboski
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July 19, 2018, 07:24:09 PM
 #869

Well, it's not a fixed rule, but usually the winning bounties do not postpone closing. Usually, if a campaign gets too long it means that sales are not going well.

Bromote
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July 20, 2018, 12:45:02 AM
 #870

Not necessarily, there are a few factors that define the rewards you are going to get at the end, some of them are the number of participants for example, if there's too much than the final rewards must be splitted up too, also if you're in a signature campaign than the members with the higher rank will get the most of the rewards.
zero714309
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July 20, 2018, 12:36:15 PM
 #871

Personally I don't like to follow the bounty with long period of time,I get bored quickly and like to try many of the project's bounty with the term turbo bounty and is usually much there in the bountyguru.To how much token will we get I think depend in rank,the number of participants and also number of supply.
zero714309
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July 20, 2018, 12:39:08 PM
 #872

I also considered that long projects not for me, but I changed my opinion. I had several long projects, and not one didn’t disappoint me.
Whether it can be said that all of the bounty with the long project overall will get great results ? I mean in terms of sales and distribution at once the price in the market after listing ?
De_nis
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July 20, 2018, 12:39:55 PM
 #873

Logically, of course, yes, because the payback must take into account the average for one day! But there are promising campaigns that ICO conducts for 6 months.
Platon ES
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July 20, 2018, 01:05:59 PM
 #874

I also considered that long projects not for me, but I changed my opinion. I had several long projects, and not one didn’t disappoint me.
Whether it can be said that all of the bounty with the long project overall will get great results ? I mean in terms of sales and distribution at once the price in the market after listing ?
I think that the bounty with the long project are like a lottery.  Personally, I had good projects.
maucial
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July 20, 2018, 01:07:40 PM
 #875

This can happen with the stake system, but other systems are not affected from the length of the campaign.

There are many interesting projects to check out and others not, so it's important to choose wisely.

Looking at the project as a whole and looking at the team behind it, is very important to make a correct decision.

If I can give you guys my opinion, I discovered an exciting ICO that is very interesting: RAWG.

Check out this new article where RAWG is mentioned as the "IMDB of gaming" on FORBES, one of the leading global media company, focused on business, investing, technology, entrepreneurship, and leadership.

https://www.forbes.com/sites/andrewrossow/2018/07/16/3-reasons-the-video-game-industry-is-bound-for-blockchain/#69da81c87810

The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the ICO site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database) and, which is very interesting, they have already reached the soft cap.

Have a look and get some information while doing your own research!

Another interesting point: RAWG has already secured $5m USD, halfway to hard cap of $10m!
santouao
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July 20, 2018, 01:14:57 PM
 #876

It is actually true that the longer the bounty period the lower will be your earnings because a lot of bounty hunters will see that potential project and many of them will join the bounty, but it depends on the budget of the bounty. If the bounty budget is big it is ok if the bounty period is long but if the budget is low and the bounty period is long you will definitely earn a minimal amount only.

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sammy21
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July 20, 2018, 01:20:10 PM
 #877

all depends of the campaigns that you follow. There are also some campaign participants who pay very expensive, it's very profitable. but there is also a long-running but the result does not have a value. We have to be clever-clever choose project, if sales a few weeks no result I suggest switch with project better.

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Jpt
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July 20, 2018, 01:21:42 PM
 #878

Some of new projects prolong their bounty campaigns due to various reasons. One of them is they fail to collect enough money to reach the soft cap. In some instances, new ICOs prolong their campaigns and run away without rewarding the participants in the end. I have become victim of such fake ICOs. In other case, I have earned good rewards irrespective of longer or shorter campaigns. You should wait for a while and inquire before leaving a campaign.
R9s
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July 20, 2018, 01:23:13 PM
 #879

I also think that the longer the bounty task lasts, the less income it has, because the total distribution reward has not changed, but we spent more time getting it! What if I encounter a fraudster?

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melvingay34
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July 20, 2018, 01:23:24 PM
 #880

Yep, obviously the bounty gets split between more people and you're putting in more effort for an even lower reward.
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