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Author Topic: Participating in bounties with low allocations  (Read 457 times)
krauzzer02
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May 22, 2018, 04:20:34 PM
 #41

Then don't participate in their bounty campaign most of the bounties will discuss or explain the allocation for the participants whether it is the 1% of the total amount sold on the token sale or it is fixed, how much would be that 1% because if they are going to raise $10M given that the project is legitimate then $100,000 would be allocated for the participants plus a chance to be an early adopters to the coin if the project has the potential for the long-term holding, search for the right and legitimate bounties it is better to have that rather than to participate on a bounty who have an allocation of $1M then on the latter part they are just scam.
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May 22, 2018, 04:21:54 PM
 #42

I cannot imagine promoting a project for months and at the end, all you can get is a meager amount of tokens. Yes, there are legit projects in the crypto space, but not all legit project worth participating in.
Why am i saying this?
There are projects that only allocate just 1% of the total sale made to bounty hunters.
My concern now is, does it worth devoting one's time to a project that will be only pay you token worth less than $100 after months of participation?
You will know how much would you get after participating in any bounty only after the ending of that bounty, it's almost unpredictable at the beginning of it. Besides, all bounties are like lottery - someone is luckier, someone doesn't

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May 22, 2018, 04:41:20 PM
 #43

Yes you are right, sometimes we work till 2-3 months and when we get tokens its worth just 50-100$ so its not enough compare to our effort for that ICO. But this happens due to huge participants in that campaign and low bounty pool. So to avoid this , before joining any bounty you have to check bounty pool and participants limit . And if you interested to join REMME bounty campaign for signature, Reddit, Youtube, Steemit or LinkedIn, you can join this: https://bitcointalk.org/index.php?topic=3797294.0   As in this campain limited participants and there is no weekly stakes bu direct pays tokens . And the main think is its listed in CMC.

speem28
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May 22, 2018, 04:45:24 PM
 #44

That is why as bounty hunters, we have to be smart on choosing a good bounty campaign to participate in. Besides, we are only investing time and effort in bounty campaigns. I've seen bounty campaigns like that and I must say, it clearly shows an unfair allocation for bounty participants so when I tried looking at the spreadsheets, I saw that there are only a few members that joined and most of them are Jr.members.
Praesidium
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May 22, 2018, 04:47:33 PM
 #45

Well the allocation is always indicated in the bounty campaign thread. It is your choice if you want to participate to that or no? It is your choice, but still some low allocation bounty ended up successful and still get a decent amount of reward for work.
JohnMacZeppelin
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May 22, 2018, 04:53:34 PM
 #46

Participation in the bounty is always responsibility, do not forget about it, because now a lot of people are taking part in the bounty and I think that all this will be very easy but all the same it's not as easy as you think.
athiftammam2018
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May 22, 2018, 10:00:40 PM
 #47

Actually I also follow a lot of bounty with a fairly low allocation, but if the project really offers a good concept I am sure with what will happen in their future. They may change the rules related to the addition of the allocation of funds to bounty when bounty is in progress, but not many projects implement this kind of thing.

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May 22, 2018, 10:08:28 PM
 #48

in my opinion, it does not really matter. if the project has low allocation but it's only followed by a few participants and it turns out the project is successful it would be a big profit for the bounty hunter. the most important as a bounty hunter is we must maximize the promotion to get great results in the future.

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labake
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May 22, 2018, 10:13:43 PM
 #49

Hmm! This is a topic which requires  enough attention, I must confess, i’ve Participated in several campaign which I would say base on the rank of my account then, I can’t participate in signature campaigns. One of the challenges we are facing through this is the population of participants and the low count allocation by the team
mellorbo
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May 22, 2018, 10:23:59 PM
 #50

Sometimes its good though if there are less participants but low allocations in a good project and known platform. Income will be suck and i think no bounty hunter will join in their project.
DamilolaB
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May 22, 2018, 10:44:15 PM
 #51

We cannot totally blame the team for allocating a low percentage to bounty campaigns, this has always been the usual rate but participation campaign has received a large turn out this days such that what an individual get before on bounty participation is what 10 or more people share nowadays. We can only employ upcoming ICO teams to increase the percentage of allocation taking into consideration the larger number of bounty participants.
Fasunathan
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May 22, 2018, 10:46:50 PM
 #52

I am not interested to join in low allocation bounty programs. My time has value, I am not only worked for money but also I need to be satisfied when I work. Recently, I have seen some bounty campaigns managed by the amazix team, only 100K$ total bounty budget for 3 months! Are you kidding me? though  I am doing a signature bounty campaign managed by the amazix team.
Those low allocation bounties is worthless for me since, you're putting hardwork overall with all the time you have to support the project. It's more like you're in a physical job, the efforts was not paid and yet after the work done you'll be getting small rewards. If this altcoin system would want to aim great results for their project they should have to pay enough tokens to those who participated the ico, so that in the long run it will have good results in trading activities once it become live on exchanges.
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May 22, 2018, 10:47:38 PM
 #53

Well it depends on yourself, whether you think it's worth your time or not, the developers had the right to allocate how many percentage of the project for the bounty hunters, but if it's a good project then why not, think it as a long term investment, maybe in a month it worth 100$ but who knows in the next year it can become 1000$


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rodel caling
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May 22, 2018, 10:59:56 PM
 #54

I cannot imagine promoting a project for months and at the end, all you can get is a meager amount of tokens. Yes, there are legit projects in the crypto space, but not all legit project worth participating in.
Why am i saying this?
There are projects that only allocate just 1% of the total sale made to bounty hunters.
My concern now is, does it worth devoting one's time to a project that will be only pay you token worth less than $100 after months of participation?


Is apart of bounty hunter experience sometimes you didn't expecting about the low stakes allocation of the project, and the hurting worse experience i can't received any reward from the bounty working for almost two months and the manager announce the project is pause wait for the new announcement about the payment until you can forget the payment because long time to wait.

I recommend next time you need to learn well the project to avoid scams or any kind of the strategy of dev's didn't paying to their participant promoting of the their project.
kiw_91
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May 22, 2018, 11:03:50 PM
 #55

I would not say bounty is dead. But it has become much more competitive. With the sheer amount of hype, and participants. The reward is much2 less than last year. With the growth of cryptocurrency and the budget of the bounty is stagnant, that is why you fell like u're getting much2 less. With participants with legendary or similar ranks does not really feel it, but with Jr. Member / Members, the amount is getting much smaller. I would suggest to avoid doing bounty full time if u have a low ranking account.
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May 22, 2018, 11:05:15 PM
 #56

In my opinion we are actually choosing projects that we think are good. Even before joining the project we will see from the participants. If participants are many, it's better not to go. It will definitely get a little let alone a little tokennya allocation and the price is cheap.
aceptamosbitcoin
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May 22, 2018, 11:08:56 PM
 #57

Of curse no one likes to work month after month and in the end to get very small reward for the effort. I am trying to avoid projects like that,but form time ti time I get into one.
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May 22, 2018, 11:09:07 PM
 #58

Most of the time, if the proportion of the bounty thread is not high, then the participants will not be particularly large.
So you can distribute as many tokens as you can. signature bounty is the biggest stake. You can find the fair share of bounty so you will make profit form bounty jobs. It is also be careful to scam bounty.
imstillthebest
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May 22, 2018, 11:16:24 PM
 #59

Most of the time, if the proportion of the bounty thread is not high, then the participants will not be particularly large.
So you can distribute as many tokens as you can. signature bounty is the biggest stake. You can find the fair share of bounty so you will make profit form bounty jobs. It is also be careful to scam bounty.

it does not really matter whether the bounty has a large reward allocated or not because if that will scam you  that  doesnt still make sense at all. I think it is better to join a small bounty  but legit than a too good to be true bounty with unsure payment.


Of curse no one likes to work month after month and in the end to get very small reward for the effort. I am trying to avoid projects like that,but form time ti time I get into one.

As what ive said above earlier , it is better to work with a small reward but with a sure payout than a high reward  bounty that can potentially scam you. And also almost all the bounty ico campaigns were always running for a month or two. if you are just lazy to work and wait for a longer time then much better if you can just quit joining on them.
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May 22, 2018, 11:18:57 PM
 #60

Of course, it is not humane in my opinion. Not worth the energy, thoughts, and time that we use to promote the project. It means not respecting someone. My advice should you avoid bounty with low token allocation. Yeah, we can give value to our own effort. If it is not profitable for you, then it should not be followed.

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