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Author Topic: Why so many bounty campaign are extending?  (Read 5900 times)
Rayver26
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August 30, 2018, 09:48:34 PM
 #721

Yes I agree with you. Due to lack of investors, the projects usually extending until the softcap or the hardcap is reached. This is because many investors now are doubt about the projects, scammers and fraud are using ICO now. Another reason of lack of investors is that because the ICO price has a great difference when it comes to listing in exchanges.
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August 30, 2018, 10:11:52 PM
 #722

Most ICOs are beginning to realize just how hostile the market conditions are towards ICOs right now.ICOs that would have completely smashed their hard caps last year are now struggling to even make a modest soft cap.I think the majority reason behind this is the increase in the number of scam and faiing ICOs, as well as the reduction in support from the institutional investors and corporations. It will take some time for this to recovery and the bounty system to regain its strength and purpose.

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August 30, 2018, 10:15:25 PM
 #723

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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August 30, 2018, 10:16:59 PM
 #724

I guess that's because of the difficulties in the market. Projects has no choice but to extend in order to avoid the current situation on making their next move regarding with the project. They need to extend simply to make the project better so as participants, we should consider such actions that are made by the team for the project itself.

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August 30, 2018, 10:39:44 PM
 #725

Why most bounty campaign are extending currently could be for three reasons;

(1).There is usually no constructive and innovative ideas or inputs on the White paper.

(2) the fake news about the block chain
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August 31, 2018, 05:12:03 AM
 #726

To be honest, I've heard for a long time about fraudulent projects.Somehow they bypass me.On the contrary, investors ' interest is increasing.Let's say I bought XYO tokens because the price is low and the prospect of coins is high.
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August 31, 2018, 09:01:23 PM
 #727

It is bear market - first, there is not a lot of fresh money coming into the crypto, so ICOs have to extend their programs. Also ecerybody is afraid of scam, people lost a lot of money, so today they are careful.
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August 31, 2018, 09:11:15 PM
 #728

You are right,  most of the ICO find it difficult to even achieved their softcaps which make them always extend the ICO.  This is mostly due to alot of scam ICO going around which makes majority of investors so skeptical about investing in ICO now.
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August 31, 2018, 09:27:19 PM
 #729

I agree with you. The purpose of buying token during ICO is to make some interest when the token get listed in exchange but the reverse is what is happening to most ICO project. Why should I buy token during ICO when I can get it more cheaper after ICO?? So be,cause most investors are avoiding ICO project and refuse to invest there money in it, hence the call for extension of most ICO project if the project didn't attained it softcap.
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August 31, 2018, 09:38:26 PM
 #730

They are probabling aiming to burn more tokens on the sale of the ICO project so that may take more time than the expected in the first place.
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August 31, 2018, 09:43:44 PM
 #731

It’s bad for earning from bointies becos it means more time is spent on each bounty, Before you get paid. Also the bear market coupled with most launched projects trading below ico price make investors lose interest in the ICO Project. Projects should find a other means of raising capital.

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August 31, 2018, 09:58:15 PM
 #732

I think that many bounty campaigns are extended because the leaders of the projects see that the market is very unhealthy and they are afraid that when they will enter the market the price will be dropped. In this case they want to wait the right moment
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August 31, 2018, 10:06:22 PM
 #733

The name fraud, of course, I do not agree because it could harm many people. With many new ICO are popping up and of them only commit fraud. We should be able to prevent such things in a way we have to be careful and do some checking before deciding to join.

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September 01, 2018, 02:02:59 AM
 #734

Yes I agree. Finally someone said something about this. Majority of the ICO's are extending because they didn't sell enough coin on PRESALE. What's worst is that they are unable to sell on ICO as well. Regardless of how great the product is, if the marketing is poor and tokens sold didn't reach the cap, the ICO will fail. I think the investor are being too cautious and not willing to take risk.
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September 01, 2018, 07:54:05 AM
 #735

Yes I agree. Finally someone said something about this. Majority of the ICO's are extending because they didn't sell enough coin on PRESALE. What's worst is that they are unable to sell on ICO as well. Regardless of how great the product is, if the marketing is poor and tokens sold didn't reach the cap, the ICO will fail. I think the investor are being too cautious and not willing to take risk.

and maybe they need more investor to join with them so they decide to attract more people and they hope that with doing this, they can reach their goals. but we don't know why they doing that and we can only wait for them to finish the presale. sometimes, they give more bonuses to their new investor and I think this can attract more investor so they can get more money for their project.
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September 01, 2018, 07:58:30 AM
 #736

It's a successful campaign, its just to extend its project for a good token sale for their program.
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September 01, 2018, 08:01:56 AM
 #737

Actually its very simple, they are waiting for the bear season end and bull season starts. with the bull season starting we will see lots of icos will reach to its hard caps.

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September 01, 2018, 08:15:06 AM
 #738

Yes, what you say is true when many new coins definitely exist who commit fraud. With countless projects extended or project that failed because they did not have a strong Manager and team. So will a lot of people are harmed by it.
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September 01, 2018, 08:18:38 AM
 #739

The extension of the bounty company is not an indication that the project is a Scam .Many companies do not collect a soft hat, perhaps due to weak marketing ,so they expand the ICO to achieve goals.
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September 01, 2018, 08:23:47 AM
 #740

This is a good question, Projects are not getting funded as earlier as those days. Not reaching soft cap at their projected time. They have no any other option than to expect sales period. Once sales period is extended, the campaign period would be extended too.
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