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Author Topic: Why so many bounty campaign are extending?  (Read 5901 times)
istklin
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September 06, 2018, 07:41:10 AM
 #801

Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
Of course, you're right. I hope that after the start of ICO regulation, the interest of investors will revive again and then this sphere will get a second chance for its development.
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sinkfish
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September 06, 2018, 07:42:21 AM
 #802

i guess the previous program are not effective or not reach developers target. since the coin already issued, might as well extend program to give out all the balance.
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September 06, 2018, 07:45:47 AM
 #803

The fraudsters in the ICO are destroying the entire market. This is a very bad phenomenon. Many investors leave the market because of deception, which also makes the quality of our bounty missions even lower!

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September 06, 2018, 07:58:46 AM
 #804

Basically, weak projects are not achieving the desired amounts, because those companies that offer something new usually achieve results!

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alex3.alex03
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September 06, 2018, 07:59:14 AM
 #805

Currently, there are indeed many ISO projects, and in addition to the fact that there are a lot of scammers among them, most of the existing projects are not competitive and not interesting.
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September 06, 2018, 07:59:26 AM
 #806

Crypto is very sensitive to its environment, besides the ICO which is the reason for the decline in investor interest, Airdrop and several other trap coins also make investor interest decrease. Because wherever they are there is always a scam that follows them. Be careful when choosing ICO, don't be easily attracted just because the idea is good, but also pay attention to the quality of the team.

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Fritz93
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September 06, 2018, 08:07:17 AM
 #807

Indeed, in recent years, a lot of bounty companies are being renewed on terms. But there is an objective reason for this - many projects do not even collect a soft cup.
Andrasreti
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September 06, 2018, 08:17:56 AM
 #808

Of course yes, you're right, but to my own view, The market situation is one of the reason why things are like that. And Secondly, many Tokens are getting listed on Exchanges below the ICO price and people are avoiding ICO these days.plus if they did not reach soft-cap on time. It might also cause the extension.
Donnie_28
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September 06, 2018, 08:23:53 AM
 #809

Some of the bounty is extended because the project did not reach the target cap for the projects. They get more funding for the projects to be successful. They give others chance to join in the projects because of the additional extra fund allocations for the projects.

Zct2002
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September 06, 2018, 08:25:58 AM
 #810

Some of the bounty is extended because the project did not reach the target cap for the projects. They get more funding for the projects to be successful. They give others chance to join in the projects because of the additional extra fund allocations for the projects.
Maybe you are right but i think they extend the project because of the market that does not look good but of course it should consider that it had not hit the hard cap.
Amokomowo2005
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September 06, 2018, 08:29:22 AM
 #811

Its not their fault to extend its just the market is not good and affecting people to invest on ico and since they have not make soft cap as needed, it will prompt them to extend it

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Ilefotobad
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September 06, 2018, 08:40:07 AM
 #812

To my opinion, many ICOs nowadays and many of them do not even collect the soft cap not to talk of hard-cap during the main ICO period so they will increase this period and also bounty period is increased too till they atleast reach soft cap.
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September 06, 2018, 08:42:08 AM
 #813

I see a lot of ICO who have not reached their sales targets, even softcap targets are also very difficult to achieve with market conditions like this, so I think it is natural that many developers decide to extend ico durations

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September 06, 2018, 08:51:11 AM
 #814

Because this year, most ICOs can't complete softcap in their sales stage, which was easy to do last year. So now most of the bounty has to follow the progress of ICO.
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September 06, 2018, 08:54:08 AM
 #815

i think it's because significantly harder to acquire the money via public sale with all these scams, so they have to extend this period as well as the bounty.
lousie9
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September 06, 2018, 09:01:44 AM
 #816

So far, I have seen many ICOs fail to get investors, perhaps because of worsening price conditions and all investors are always harmed by several projects when the market price does not change to the ICO price, but if the project continues then we must remain optimistic if the token price will have a price good though it takes a few months.


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Kemileye
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September 06, 2018, 11:39:58 AM
 #817

There has been sudden extension in bounties lately because most of the ICO projects find it difficult to at least reach their soft cap. Once they are unable to reach their soft cap they are left with no other option than to extend their ICO and bounty campaign.

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September 07, 2018, 08:25:40 AM
 #818

I think the extension of bounties has to do with the fact that ICO has not been concluded.  Some projects have a stipulated time for their ICO and bounty, but after this period if they have not reached their hard cap they extend the ICO and as such also extend bounties to get more publicity.

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Gelesko
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September 07, 2018, 08:28:39 AM
 #819

Due to lot of scammed ICO more investors lost their interest investing in ICO. Success rate of ICO decreased that is why bounty campaign period nowadays are extending. Do you agree?
I personally agree with you, due to high rate of ICO fail many good projects have to postpone their plans to succeed, who is eager and have great idea of a blockchain and has spare time to wait, they extend rather give up on their project. I'd rather also wait then give up on cryptocurrency market, like I see a lot of people nowadays 

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September 07, 2018, 02:49:28 PM
 #820

Because the market is in bear mode and every coin is dropping and ethereum is dropping more than other coins so ICO's are not able to get the funds required for their projects and they have only option to extend their campaigns to get those funds or wind up and they go for extension of their campaigns.

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