orarider
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August 11, 2018, 11:48:55 PM |
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Bonus campaigns are being expanded as it promotes e-money projects. The success of the projects partly depends on the signature campaigns. This is great for those who join the campaign to make more money. However, not all campaigns pay high.
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levaorg
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August 13, 2018, 06:48:57 PM |
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Yes, the answer is simple. At the moment many ICOs don't reach the set goal. But that can change quickly.
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pelumi20
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August 14, 2018, 05:00:23 PM |
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I do not think that is the only reason why many bounty campaign are extending. I think the main reason is due to the market conditions. The main purpose of bounty is to help a project raise funds for it token sale, but since the whole market is dropping and nobody is really investing then the best move is to extend the bounty so that their will be enough time to raise the necessary funds.
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Mao siro
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August 14, 2018, 05:32:15 PM |
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I agree, I also got into this situation. Now there are so many ICO that not everyone can collect the right amount during the campaign
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LankaJay
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August 14, 2018, 05:43:21 PM |
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I think this is due to the current market conditions. Because it is very hard for some projects to meet their required capital to start the project. So until they meet their financial requirements they may extend their bounty campaigns.
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fulled
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August 14, 2018, 05:48:25 PM |
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maybe its because market is still red in past 8months, people waiting good moment to start investing in crypto again, i think this is the main reason ico and bounty extending their time, because the project not reaching softcap yet
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Vilagra
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August 14, 2018, 06:04:09 PM |
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Bounties are extending because many ICOs aren't able to collect their softcap and they extend their ICO with hopes of raising funds later, ICO are extending - accordingly bounties are extending too.
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Red_Evil
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August 14, 2018, 06:08:37 PM |
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it depends on the ICOs project and bounty manager. sometime bounty still running when the ICO has been reached softcap and sometime bounty extend because the ICOs is also extend their token sale. i think it's no problem if the allocation for bounty is increased. but if no, i think it's not worth it
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gabrielkings
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August 14, 2018, 06:09:33 PM |
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Yeah... I do agree with you and adding to that, they extend their time frame because their target is not being met and what they are planning to realize from token sales is still very low. People lost interest in ICOs because of the scam thing with many, and also ICOs tend to dump these days immediately they hit the exchange and the people's interest are not longer there.
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frchowe214
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August 14, 2018, 06:11:06 PM |
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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?
Agreed but there are more reasons too. People are in loss now a days in crypto. You know most people have lost 80-90% of their portfolio value. I think it has also affected the ICO success rate.
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diedvw96
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August 14, 2018, 06:11:21 PM |
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I think one of the reasons for the extensions is that they set quite high goals, for example, there are campaigns that have their hard cap in 24k on ETH coins, that is quite excessive and especially now with the market so low, I think we have to make some corrections with the aspirations of the developers and many will have to adapt if they want to survive.
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krauzzer02
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August 14, 2018, 06:18:49 PM |
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Answered your own question from the title of course number one reason is that the ICO did not reach even their soft cap goal some of them did not bother to continue nor extend their whole ICO process, other reasons are that the product development problems such as the blockchain, mainet, the actual product of the ICO and the roadmap change most of the bounty extension is due to the token sale extended.
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Nikolas_the_Wonderworker
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August 16, 2018, 05:55:27 AM |
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Today, the ICO increases collection time not only because too many fraudulent projects have appeared, and investors have lost interest in them because of this. Currently, the falling crypto-currency market influences. The price of bitcoin and etherium fell, and it became more profitable to buy these coins at a lower price than buying new ICO tokens.
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always1337
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August 16, 2018, 05:58:55 AM |
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Many bounty extending because these are not good ICO and didn't get enough investment after raise funding. So they have to extend to waiting the crypto market warmer.
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ClaimMBTC
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August 16, 2018, 06:15:57 AM |
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yes, me also agree with that because many campaigns end they are don't distribute any coins or tokens ,so we should carefully invest on ico's.
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Mikebutler92
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August 16, 2018, 06:32:23 AM |
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yes, now every day there be a new bounty campaign. Nothing wrong with bounty campaigns. With that we can promote what is real potential for us to support by participating in the bounty program.
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lamthanh3462342
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August 16, 2018, 06:34:07 AM |
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That is natural. When there are no investors, the capital of the projects will decrease and the projects will need more capital to complete the ICO. The longer the time for the bounty program I think, the more targeted the marketing is. Completed projects are all beneficial. The fact that investors are bored with ICOs, I think, is because the market is too bad today. Many ICOs, when bought higher after listing on the floor, the loss makes them less interested.
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conanmori
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August 16, 2018, 06:36:07 AM |
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Now almost bounty takes 3months and a chances of extension if they didn't meet their satisfaction cap on ICO. And because ICO already declining they hardly reach hard cap unless they got a huge hype for promotion and a good team of advisor to back them up.
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diytho
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August 16, 2018, 06:39:53 AM |
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Most of the crypto projects were successful, so many used crypto services to market products or projects in Crypto. so that bounty campaigns become widely available in order to market their products or projects. Bonty campaigns provide many benefits for participants, who take part in a bounty campaign.
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blokceyin
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August 16, 2018, 06:52:47 AM |
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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?
Not only due to scammed ICOs. Due to bear season they can't reach their goals usually and extend their campaigns. Also there are too many competitors now and it causes to value loss for them when they listed on an exchange. So, people choose to buy cheaper from exchanges usually.
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