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Author Topic: Why so many bounty campaign are extending?  (Read 5903 times)
heninur
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July 21, 2018, 07:03:50 AM
 #281

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?
your statement may be true, now a lot of ICO scams that cause losses, especially for investors, so investors are afraid to invest and this impact on the success of an ICO.
I think this is natural because anyone does not want to lose.

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teosanru
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July 21, 2018, 08:07:20 AM
 #282

Bounty campaigns have gained the trust of people by doing great work over the market and they have lessened the scams which have helped the people to gain its trust
Whereas the ICO’s have many of the scammers around the world which have taken the people trust and broken down as the money are not given to them on time or we can say they are being fooled by most of the companies from which the people are not doing any more ico’s but I feel if we less down the scams then we will be able to work towards the good ico’s and help the companies and can help our pocket to rise
Le Anh
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July 21, 2018, 08:51:46 AM
 #283

i think these project like that want to wait market recovery will start ICO, so bounty program also extend.
The other reason maybe that project not good and possible scam.
xiaoY
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July 21, 2018, 08:58:22 AM
 #284

This reflects the overall development speed of the cryptocurrency market. There will be more projects in the blockchain field in the future. This is a very good news, but ICO's supervision I think it is necessary to achieve it.

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July 21, 2018, 08:58:45 AM
 #285

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 think it is because of the very low market and continuous market crashes happened a couple of months ago. Bounty campaigns may need to adjust the value of their token or prolong the bounty campaign period to compensate on the rather negative market.

Cmoh
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July 21, 2018, 09:03:07 AM
 #286

This is really very true that most of the bounty are increasing their campaign period fine. This because of low demand for investing in ICOs and also due to scammed ico. Also, the hacking of coin is increased.
juragankambing
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July 21, 2018, 09:10:05 AM
 #287

yes I agree with you there are so many reasons why ico now has a very long time, some of the reasons you have pointed out above, I just added not reaching the target sales both softcap and hardcap
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July 21, 2018, 09:14:57 AM
 #288

This is really very true that most of the bounty are increasing their campaign period fine. This because of low demand for investing in ICOs and also due to scammed ico. Also, the hacking of coin is increased.

And the other things are maybe there is lot number of project compared to the last year. Also the trust for this field are a little bit decreasing, there so much bad things arround it this years such as scammed ICO & hacked exchanges etc. I hope that there are no more things like this in the next future.
spastikss
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July 21, 2018, 09:25:57 AM
 #289

I totally agree with you, Icos success falls as the number of bounty campaigns increases. Because there are many scam icos , these scam icos are damaging the crypto world and reducing trust.

Litzki1990
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July 21, 2018, 10:48:00 AM
 #290

Actually they doing that because the hardcap of the project are not yet reach.
Or else have so many investor invest on the project so that's why the bounty campaign also are still extended.

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Alexmasterbtc
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July 21, 2018, 10:48:46 AM
 #291

Too many icos are scam. That scares investors and keeps them from investing in real icos.
Therefore real icos need to be extended to find investors.
The idea is interesting, just how to do it? In my experience I invested in one promising company, the coin grew. After its growth, I still bought it, and it was scammed for two weeks. I'm afraid to invest in other companies.
Alexmasterbtc
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July 21, 2018, 10:55:27 AM
 #292

This is really very true that most of the bounty are increasing their campaign period fine. This because of low demand for investing in ICOs and also due to scammed ico. Also, the hacking of coin is increased.

And the other things are maybe there is lot number of project compared to the last year. Also the trust for this field are a little bit decreasing, there so much bad things arround it this years such as scammed ICO & hacked exchanges etc. I hope that there are no more things like this in the next future.
If they come up with how to deal with scammers, then the credibility of the crypto currency will increase, and if everything remains as it is, there will be more scammers.
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July 21, 2018, 05:10:56 PM
 #293

Some projects do not receive enough support during the funding stage, so they extend the crowdfunding period. This is why bounty campaigns get extended as well. It is common practice because people are usually afraid of investing in bear market conditions.

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happy weblancer
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July 21, 2018, 06:35:45 PM
 #294

The success of many projects in 2017 showed scammers an unpunished way of collecting money from gullible people who believe in crypto. Many ideological crypto enthusiasts were frightened, they stopped playing the game "give me money for the idea." Now invest either beginners or people who really know the price of the project.
minersday
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July 21, 2018, 06:40:21 PM
 #295

Because they can not reach the softcap or they just want to keep raising more money, that is one of the reasons of why they are always extending the deadline.
grifinmch
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July 21, 2018, 06:44:37 PM
 #296

Bounty extends naturally also will have an impact on participants as well. for ICO is certainly good but if for participants without any additional allocation then would only be dismayed with the result. lucky if it reaches the large target within an extension, but if the change is not great so don't expect much for it.
ramarianz
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July 21, 2018, 06:54:54 PM
 #297

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?

my opinion it's because condition about the market,altough Scam Ico its the problem too , but the real trouble came from the market.
even good ico with a superior team need more more time to touch the softcap,
that why , bounty need more time too.
vertolesrix
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July 21, 2018, 06:58:54 PM
 #298

Unfortunately, you are right. There are many ICOs which resulted to be SCAM. This is so embarrassing since there are also projects that are really trying to raise some money for the development of their idea, however, due to the current trend of rising SCAMs, people are afraid of investing in ICOs and participate in the bounty campaigns.
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July 21, 2018, 06:59:22 PM
 #299

it becomes a challenge for us to be more careful in investing in ICO as many new ico become rivals and produce new altcoin with clearer coin ecosystems and also crazy ideas Undecided
removebeforeflight
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July 21, 2018, 07:00:18 PM
 #300

I think the bounty is extended because they were not able to reach their hard cap within the stipulated period and apart from that there is no specific reason. As you stated I agree that there are more number of scam projects but there are few genuine as well. We need to check all the possibilities to make sure we are not investing on a scam project with our hard earned money.
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