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Author Topic: Why up to 80% bounty campaign extend the deadline?  (Read 1923 times)
lizarder
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September 17, 2018, 01:26:54 PM
 #241

For scam itself, of course not, but the project that increases the duration of bounty and ico has a reason, because the income of the funds they can still less than the target but it is sometimes a bit annoying because it has to wait a little longer

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taeewo
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September 17, 2018, 01:29:55 PM
 #242

Its not their fault and they are not to be blamed, its just because of the current market situation of the bear season which has almost makes all project not achieved their softcap.
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September 17, 2018, 01:44:14 PM
 #243

This is a valid question from a bounty campaign participant like you. For my opinion, I think the main reason why ICO Companies do adjust their ICO schedules is because of the lack in fund. They are assuming that the fund they collated were not enough to sustain the project so there is no other choice but to extend the ICO to get additional fund.I think it is just normal specially in times like this that the market is down.

sareineella456
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September 17, 2018, 01:50:21 PM
 #244

Because ICOs are selling so slowly now. You should expect ICOs to take months to complete now as the investment just isn't there until the next bull run.
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September 17, 2018, 01:57:54 PM
 #245

At the start of the campaign a time period is fixed to finish the ICO .  Due to some reasons or the other in case the targeted amount is not received i.e. the coins not sold then in that case the project managers have no other choice but to extend the ICO period.  With this extension the Bounty period also is to be extended.  Soft cap ; hard cap are the targets which the project wants to achieve.

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September 17, 2018, 02:10:54 PM
 #246

At the moment this is a real problem, but we must understand that it will be resolved when the market recovers. It is difficult for projects to raise funds, and most of them endure the date of the ICO.

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September 17, 2018, 02:12:49 PM
 #247

In my practice I want to say that when I participated in campaigns that extended the deadline, they turned out to be scam or paid a very small number of tokens, which at the stock exchange did not cost anything.

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September 17, 2018, 02:21:43 PM
 #248

those who extend the duration of the bounty or ico because they do not reach softcap, and if they extend the duration of 2-3 months in my opinion is a very reasonable time, seeing the market now is experiencing a very severe price decline.

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September 17, 2018, 02:21:51 PM
 #249

They have done such thing maybe because of the netive market situation. We may expect for changes when recovery occur but for the meantime choose not to sell due to panic. They are just avoiding to make the situation worse and protecting the project itself for the betterment in a long run. Be patient and trust the project's plans.

ariscan
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September 17, 2018, 05:14:56 PM
 #250

Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!


I don't think this is a scam, many bounties extend the end of the project because the project owner wants the value of bitcoin to rise again in the market. be long term while looking at prices on the digital currency market. Or the project has sold all of the tokens, so the project is extended. do not think negatively first of the project.
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September 17, 2018, 05:21:14 PM
 #251

Some extend because they extended their token sale while some do because they feel that the reward is  too much for participants , and so they extend to give other participants chance.
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September 18, 2018, 12:32:28 PM
 #252

In the current situation, it's normal, as we can see the market is down, so it's hard for ICOs to gather Hard Cap, that's why they are postponing the date of token sale as well as extending the bounty deadline.
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September 29, 2018, 04:40:21 AM
 #253

Hi there! I participating in several bounty campaign. In 4 out of 5 campaign deadline was extended. In one be extend for a month, in another - for 2, in a third - for an indefinite period. Say please, this is normal or it is attribute of scam?
Thank!
Because the ICO did not reach the fundraising target.
Suppose the softcap is not reached or hardcap but the value when the ICO Ethereum goes down and that is between the constraints.

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