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Author Topic: Why so many bounty campaign are extending?  (Read 5903 times)
fadlyzuld
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August 30, 2018, 03:07:04 PM
 #701

Yes, I completely agree with you. The cryptocurrency market is very bleak now. It's really hard to sell their tokens quickly. So they need more time for selling to reach the softcap. If the project cannot reach the softcap, we will get nothing and that has been stated in the rules.
lili song
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August 30, 2018, 03:22:59 PM
 #702

Yes, I agree, now most people prefer to campaign bounty compared to investing in ICO projects. But isn't the main purpose of the bounty to promote the project? This means that the benchmark of the bounty is successful when it is able to bring in many investors. So then this can be said to be directly proportional.
aceptamosbitcoin
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August 30, 2018, 03:33:29 PM
 #703

I believe that the bounty is held solely in order to raise the interest of the whole community, not just investors.

In the ideal situation, you may be right. But in the real world the investors and the funds collected are far more important than the community for the project.
No one will appreciate a dead project with a large community.
iancortis
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August 30, 2018, 03:36:43 PM
 #704

that is really annoying when they announce that the project is extended, a bounty that almost a year sometime. and the distribution for the rewards is another few months. wew!!! to much wasting of time. before bounties are almost 1-2months.
Soroskatona
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August 30, 2018, 03:39:31 PM
 #705

Nah, not the scams. The bearish market is tha cause.
Think about it, after 2008, the investments had decreased by quite a margin. You dont want to invest when the market is going down, and less money is circulating.
pryzh
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August 30, 2018, 03:44:23 PM
 #706

I don't surmise that is the main motivation behind why numerous abundance battle are expanding. I think the fundamental reason is because of the economic situations. The primary motivation behind abundance is to enable an undertaking to raise reserves for it token deal, however since the entire market is dropping and no one is truly contributing then the best move is to expand the abundance with the goal that their will be sufficient time to raise the vital assets.
Nnedaddy1
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August 30, 2018, 04:06:59 PM
 #707

I think one of the major reasons why some icos extends their bounty campaigns is because , they are yet to reach hardcap or in cases , where hardcap is reached but they need more ads about the project.
Kseniya17
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August 30, 2018, 07:56:48 PM
 #708

I believe that because of the lack of market stability, some ICOs raise money with difficulty, they need time to raise all the funds, so the company's generosity is extended.
virtual_miner
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August 30, 2018, 08:22:09 PM
 #709

This is a testimony to the fact that the project was unsuccessful in promoting the project and the idea of the project was not attractive and has no future.
Zythiphill
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August 30, 2018, 08:24:50 PM
 #710

Little collecting projects soft cap , and very often they extend , I think it's in some extent good , but I would like to pay more

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Kjooocheka
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August 30, 2018, 08:30:01 PM
 #711

The primary reason for the extension of any bounty campaign project will be to attract new and more investors and to make the token be more well known through different social medias and other community group channels most especially if the target hardcap is close to being reach, so advertisement and promotions will be of big help to achieve the hardcap if they would extend the bounty campaign.
btctestcolets
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August 30, 2018, 08:35:47 PM
 #712

I think some of bounty campaign that are best and has a huge impact when it comes to a product campaign are extented or make a pause at a moment and resume by the  one or two months closer to december which is because the expected market condition is at high level to allow our investors to invest more on thr project.
nunibanuni
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August 30, 2018, 08:39:12 PM
 #713

Its because of the market trend. New investors are afraid to take the risk due to a lot of regulations trying to stop cryptocurrency. After they realize that crypto will make the world much better then those ico will start getting investors.
ymirymir
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August 30, 2018, 08:41:28 PM
 #714

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?
[/quote

Bounty campaigns could sustain the needs of the Icos when it comes to endorsement and publishing. Bounty campaigns plays a vital role for an Ico to attract more investors. It is the best way for them to advertise their project and coin. However, it is just quite disappointing that some bounties doesn't pay so we better choose where to join.
ven7net
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August 30, 2018, 08:53:00 PM
 #715

Most likely this is due not only to the fact of fraudulent ico, but also to the fact that the market is now at the bottom. Many simply disbelieved, because they were convinced of the rapid growth. But each time all these hopes were scared by another fall in the price of crypto assets. Of course, once there is growth, people will immediately come with money and the rehabilitation process will begin very quickly. Everything is simple and often repeated. There is a drop - activity is falling, growth begins - activity is increasing.
JPSelzer
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August 30, 2018, 09:28:22 PM
 #716

There is some truth to this. I do not think that investors have completely lost interest in the ICO. They just started to choose projects very carefully. Competition also has an impact. After all, a lot of projects come out, some just with a bad idea. Therefore, they can`t realize themselves, because there is no interest in such a project.

Silifatmuda
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August 30, 2018, 09:33:25 PM
 #717

Why so many bounty campaigns are extended is very simple but from my own point of view I can attach it to some factors which I list below.
unable to meet their softcap: some bounty campaign manager will extend their bounty campaign so as to create more awareness about the project in order to attract more investors to invest in the project so that they can meet the softcap. While some projects will meet the softcap but will be unable to get listed on the exchange due to one reason or the other. So by extending the bounty campaign they tend to meet up their setup goals.
Desmo
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August 30, 2018, 09:36:05 PM
 #718

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 are right, generally it is difficult for companies to collect the necessary sum and they are forced to prolong the period of sales and time of bonuses. On it there are two reasons: bad situation in the cryptoforeign exchange market and huge number of swindlers.
Olatunjex
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August 30, 2018, 09:40:53 PM
 #719

The norm is bounty an ico to end simultaneously, ico are finding it hard to raise softcap i.e minimum for a project to start that is the reason why ico are postponed which will wall affect bounty campaign

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irenegaming
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August 30, 2018, 09:42:31 PM
 #720

I think that the last projects are not adapting to this market recession, they still believe that the money is coming in like in December and that's why they put up such high soft caps, that's why in the end they have to keep extending the campaigns, to be able to carry out the project, they're going to have to be honest with their goals and adapt to the new market if they want to survive.

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