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Author Topic: Why so many bounty campaign are extending?  (Read 5936 times)
Sutters Mill
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August 27, 2018, 06:57:15 PM
 #641

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?

This should be pretty obvious why they do it. They extend so they can advertise longer and sucker more people in to investing. It costs nothing for them to do this, especially if they're paying out in pre-mined coins (which they almost certainly are), and that's assuming they even pay in the first place because as you know many of them just straight up scam their users.
pelumi20
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August 27, 2018, 07:41:37 PM
Last edit: June 04, 2021, 03:36:10 PM by hilariousandco
 #642

I don't really agree with that. I think the main reason why bounties are extending is because of the market conditions. The main aim of bounty is to raise money for the project but how will that be done if the people are withdrawing from the market.
Troysen
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August 27, 2018, 07:44:57 PM
 #643

Less investment, many developers estimated their times at a time when there was a lot of money coming into the market, so they thought that in a couple of months they would get to the hard cap without any problems, but the market has dried up a bit and now investors are being much more careful with their money.
BADBITCH
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August 27, 2018, 10:55:22 PM
 #644

All bounty campaigns are extending because ico dates are been extended
That’s the simple explanation

Why are ico dates extending?? Because investors show no interest in the so call project and there are no sales in the crowdsale or ico
Bounty campaign also extends if the supposed project ico is weeks away
DewiKirana
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August 27, 2018, 11:01:19 PM
 #645

Yes, I agree with you, so many ICO campaigns have caused investors to lose interest in the ICO. But for me I have to keep looking for campaigns that are really serious about getting good products in investing.
Marbela2018
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August 27, 2018, 11:05:53 PM
 #646

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 agree with you mate. The time of bounty is usually followed by the time of selling the ICO token, as long as the token sales target has not been reached, the time to sell the token is increased and the time the bounty is followed.
Neytiri
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August 27, 2018, 11:13:40 PM
 #647

there a lot of reasons why would a bounty campaign extend among that i would name the ICO was not  completed meaning that the tokens intended for the market was not sell all or maybe the market is down (price of bitcoin is down ) but that dont mean it is a scam you just have to be patient and look up for news from the team and good luck.

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August 27, 2018, 11:21:15 PM
 #648

Because root of bounty campaigns is ICOs and most ICO not able to collect soft cap in established timeline. So Bounty Campaigns are extended because ICOs are extended, because crypto market is falling.



That's right, the answer is obvious. And in a falling market, no one wants to invest. Of course, the projects do not want to lose and prolong fundraising and bounty.

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el_lobo
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August 28, 2018, 12:07:50 AM
 #649

I think the whole scams are a big problems for ico at the moment.
Because of this, many people do not invest anymore and an ico has problems reaching their softcap.
This may be one of the reasons why an ico is extended.
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August 28, 2018, 12:40:22 AM
 #650

The main reason projects are extending bounties is because it is taking a long time to get funding.
Agree, because theres lot of scam campaigns nowadays so some investors loss their interest to invest in some project which is legit campaign, theres a lot of project fails to reach their expectation so they decided to extend to get more funds.

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August 28, 2018, 12:47:45 AM
 #651

a lot of money has already been invested in recent months. maybe the investors do not have infinite resources to invest in all projects. thats maybe why ico is being extended.
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August 28, 2018, 12:48:33 AM
 #652

i think they want to be strong ICOs and perfectly prepair to the auction sales.. thats why they extended there bounty campaign!! for more investor and make it ICOs Successfuly!!
ajiejot
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August 28, 2018, 12:53:34 AM
 #653

Because most of ICO nowadays are extending also that's why they extending their bounty as well, but most of bounties nowadays are scam. And even they are extending, you cannot guaranteed that they will pay you specially when the project you advertising didn't reached their soft cap during ICO.
miftahuda27
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August 28, 2018, 12:57:17 AM
 #654

yes I agree, indeed the purpose of the bounty is to convince investors to buy the ICO and the bounty to expand the reach of the ICO
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August 28, 2018, 01:09:02 AM
 #655

Almost all of the project today are extending their ICO's because of the bullish market they did not reach their expected target or hardcap,that's why they are extending their tokensale and also a lot of scam project that coming out has a big effect into the legit projects for the reason that a lot of investors now lost their profit and lost their interest to invest in a ICO's.


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Btcaivah1
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August 28, 2018, 01:11:51 AM
 #656

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 can tell that the market is currenty suffering in a huge crisis. This is why many ICO try to extend their sales in order to achieve their sales cap which could be helpful in building up the project.
ungongbuotan
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August 28, 2018, 01:18:38 AM
 #657

I think the main reason why many bounty campaigns extend is because the project is not performing too well. Due to the status of the market right now which is bad, bounty campaigns are also suffering. Only little investors try to invest resulting to many projects failing or some extending.
raging-creeper
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August 28, 2018, 01:19:22 AM
 #658

The bounty campaigns are extending for a few reasons.  The first is because many of them are failing and they need more time to raise the funds.  The second is because you are cheap and free labor (if the coin fails) so they have nothing to lose by extending.  

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August 28, 2018, 01:31:13 AM
 #659

That is a good reason, but also we must consider that most bounty campaigns are extending due to the ico tokensale that is also extending due to market condition. Some of the ico tend to temporarily pause their tokensale due to market price down, which may lead to the ico to get rekt.

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August 28, 2018, 01:34:35 AM
 #660

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?

You got a point, perhaps it also extended because hardcap hasn’t reach yet. It takes a long time to pick up investors when the projects doesnt have an impact to day to day usage.
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