rodel caling
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June 10, 2018, 11:09:46 PM Last edit: June 10, 2018, 11:20:52 PM by rodel caling |
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If a project is unable to reach their soft cap will they pay participants their reward for bounty activities.
Of course yes that's the benefit of the participants get the reward from bounty as bounty hunter's and wait until the rewards have value in the market cap holding the reward for long term the tokens or coins came the project become valuable in the future to earn profits as participant.
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Stimah24
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June 10, 2018, 11:27:17 PM |
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You can't expect this to be possible because softcap target is the minimum amount needed to launch the project and if the softcap isn't reach, project cannot be carried out and most of the investor will be refunded, Definitely nothing for bounty hunter.
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Tankdestroyer
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June 10, 2018, 11:27:37 PM |
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Of course yes that's the benefit of the participants get the reward from bounty as bounty hunter's and wait until the rewards have value in the market cap
Unfortunately, there aren't any tokens that will be distributed if a project is unable to reach their soft cap because investor's money would be refunded and the project wouldn't have anything to pay bounty participants. That's why some bounty hunters carefully analyze a project first before joining into it since their effort would be wasted if ever the project didn't reach softcap.
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Meraki
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June 10, 2018, 11:34:21 PM |
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If a project is unable to reach their soft cap will they pay participants their reward for bounty activities.
It depends, if they willingnto continue the project they will pay however if they are not willing then they will not and ofcourse they will return all the investment garnered during the ICO. If they pay you must dump it fast because that coin has no future.
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Ann Impas
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June 10, 2018, 11:38:06 PM |
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Based on experience the project that was not able to reach soft cap will not reward bounty tokens. This is a fail ICO, they usually return the money of investors and no reward for the bounty hunters. But I think there are some bounty that the marketing fee is fixed and regardless what happen to the project, it will be paid. But as I said, base on my experience, I work for that bounty for 3 months but it fails to reached soft cap, then sorry for all of us. The good thing is, I was able to upgrade my rank because of this bounty from a Jr. Member to Full member.
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gela888gela
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June 10, 2018, 11:47:44 PM |
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If a project is unable to reach their soft cap will they pay participants their reward for bounty activities.
I think it depends on the project team. However, based on my observations most of the projects that did not reach softcap did not pay bounty participants because the project failed.
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Slimztee
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June 10, 2018, 11:57:32 PM |
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It's simple. If a project didn't reach soft cap. They wont pay reward for bounties, because the project is a failure already and there's no point giving out a useless token. Failed projects that are not scam will return the ETH contributed while the con artists will simply disappear with your funds
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TheNextChampion
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June 10, 2018, 11:59:26 PM |
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Base on my experience they won't pay us because there is no money that they get in their icos. I had join several bounties and some of them don't pay because they don't reach soft cap but i'm lucky because they return my investment. The only thing that wasted is my time and effort.
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tsaroz
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June 11, 2018, 12:41:14 AM |
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They don't. Even if they do, the tokens would have no value. The Soft cap is the minimum amount of money they need to raise for the project. If not reached, they'll return any investment made. And the bounty campaigners will get nothing.
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pelumi20
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June 11, 2018, 12:49:33 AM |
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It depends on the allocation for the bounty. If it is in percentage, they will pay equivalent of your work. But if is in tokens, some will pay and won't pay because they didn't meet their Hardcap.
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waynechong1995
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June 11, 2018, 12:53:43 AM |
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Usually no, because its considered the entire project is scrapped, but theres exceptions. Still its not a good thing for bounty hunters either way, doesnt reach soft caps with theres not much fund invested and theres no sufficient value to pay bounty hunters as much as promised earlier, it could be just in dollars which I had been recieved few times already.
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ninio
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June 11, 2018, 01:00:08 AM |
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based on other experience about that if the ICO never reach the soft cap the company and the team will decided to stop their ICO project and to those who invest in first stage they will refund the money that they get so obviously they never pay reward of all the bounty participants.
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maryanti
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June 11, 2018, 01:10:32 AM |
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Projects that do not reach the soft cap, the project fails. So the prize participants will not get paid and usually the funds for investors will be returned.
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CFXAY
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June 11, 2018, 01:11:36 AM |
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No, if don't reach the soft cap, usually the ICO has failed. Even if he sends you coin, it has no value.
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Athenakim.22
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June 11, 2018, 01:15:54 AM |
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I experience that situation right now, until today there is no distribution of tokens and there is no update regarding the project. That's why i totally considered it a scam project. It is totally waste of time and effort.
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bournekin
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June 11, 2018, 02:41:31 AM |
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Mostly, when an ICO doesn't reach the softcap and they don't extend the projects (refund the investor money), the bounty hunters will not get the rewards. It is of course, all parties in the not softcap projects will not get any payment including the developer, bounty team, and all bounty participants.
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IL.Guerreiro
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June 11, 2018, 02:55:16 AM |
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I believe there's no such action from the team because we are just a bounty participants and our payment is dependent being dependent from the success of the ICO.
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Sithara007
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June 11, 2018, 02:56:20 AM |
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If a project is unable to reach their soft cap will they pay participants their reward for bounty activities.
If the project doesn't reach the soft-cap, then that means that the ICO has failed. Even if the bounty manager distributes the tokens to the participants, it will be of no value. You will get the tokens in your wallet, but they can't be sold anywhere.
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Gogochen
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June 11, 2018, 02:56:43 AM |
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I don't think so. If they don't raise enough money, most of the time they will give up the project. The reward thread you participate in will not receive any bounty.
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gentsy brink
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June 11, 2018, 03:00:45 AM |
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I've followed a bounty campaign with softcap that was not achieved. and I did'nt get paid from it. it becomes a learning for me in order to better in choosing a project that legit in the future. and as far as I know if the softcap is not achieved then the bounty hunter will not receive payment.
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