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Author Topic: Why so many bounty campaign are extending?  (Read 5903 times)
Wellyan
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September 29, 2018, 02:41:41 PM
 #1021

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?
yes, I agree to think that there are a lot of scams that have caused the campaign to expand, many people don't believe in project projects, because there have been many failures to get money when the project is finished
ckorbba
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September 29, 2018, 02:57:21 PM
 #1022

I honestly agree with you, secondly the market isn't favorable anymore as it used to be. Project can't stop bounty when the success of their ico is not assured.
The fact is that every developer with his team is trying to bring the matter to its logical conclusion, But for the poor market condition there is no possibility to develop the project, because investors refuse to invest in ico companies, because of a large number of scammers.
Jateng
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September 29, 2018, 03:01:16 PM
 #1023

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 is also the reason why being bounty hunter nowadays is also a difficult thing to do. You do expect that campaign will end this month and got your payment the next month but no coz it is extended for 1 or more months. The worst case is when, the bounty already extended its time but still it does not suceeded.
NORD YGGDRASIL
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September 29, 2018, 03:01:25 PM
 #1024

This is because the bear market does not allow projects to collect sufficient amounts for a short time, and the projects have no other options but to extend the dates of ICO.
Glok17
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September 29, 2018, 06:31:50 PM
 #1025

Sadly yes, nearly every campaign is constantly extended as well as ICO timelines are extended as well, they cannot collect caps...

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September 29, 2018, 07:00:44 PM
 #1026

This is due to the long bear market and ethereum drop down. This is not a good time for ICOs and thus for bounty campaigns. At the same time the market is recovering and I hope that we will some positive changes very soon.
dawai asmara
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September 29, 2018, 07:06:51 PM
 #1027

Sadly yes, nearly every campaign is constantly extended as well as ICO timelines are extended as well, they cannot collect caps...
maybe because of unfavorable market conditions causing sales to be less optimal because investors have decreased. therefore the team chose to extend the duration of the ICO so that sales could reach the desired target. and in my opinion, we don't need to worry too much because if sales increase, we will also get more.
KXC247
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September 29, 2018, 07:50:15 PM
 #1028

Many bounty programs are extending because many of them did not reach hard cap. This makes  bounty program to extend and most times, these projects dont reach hard cap and even soft cap and this would warrant the project to pause or go into extinction
Krabat
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September 29, 2018, 08:00:51 PM
 #1029

If bounty campaigns were not prolonged, then the projects would have to return money to investors because of the inability to collect even the minimum amount of funds to implement the project.
Ania Alison
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September 29, 2018, 08:01:34 PM
 #1030

Of course, generosity is increasing, but now there is not much point, it does not bring as much profit as investment. I do not see a special increase in capital Grin
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September 29, 2018, 08:02:34 PM
 #1031

It seems to me that now not the best conditions for development of ico of projects, and respectively and for development of Bounty. It is difficult to projects to raise money for further ravitiye and they are forced to prolong Bounty.
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September 29, 2018, 08:04:25 PM
 #1032

Yes, indeed, this year the period of the bounty companies has increased significantly. But this is due not only to fraudulent projects, but rather to the situation in the market. Projects do not want to release cryptocurrency on exchanges, so that its price does not fall below the price of ICO, so as not to disappoint investors.

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Korkorjkk
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September 29, 2018, 08:11:12 PM
 #1033

Due to the increasing number of scam ICO's, people are scared to invest in new ICO'S coming up because they are afraid they will lose their money. The team members extend the bounties in order to raise more funds to support their projects.

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September 30, 2018, 01:56:32 AM
 #1034

I think its a good choice to extend their ICO because of what's happening in the market mostly investors are afraid.

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pkb007
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September 30, 2018, 03:10:46 AM
 #1035

Extending of the bounty relies upon at the ICOs mission and bounty manager. someday bounty nonetheless jogging when the ICO has been reached softcap and someday bounty amplify due to the fact the ICOs is likewise amplify their token sale. They want greater advertising in their project for extending bounty.
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September 30, 2018, 03:12:40 AM
 #1036

Indeed today many existing ICO projects. While the number of investors remain and are not increased. then it is to be successful, many are opting to ICO project extending their projects. in order for the softcap or hardcap can also be achieved.
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September 30, 2018, 03:16:31 AM
 #1037

Yes i agree with you. First they maybe want to extending their scamming time and the second are because they havent reach their softcap/hardcap so they extend their ICO time and of course the bounty is extended too. So before joining the bounty research it very carefully

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September 30, 2018, 03:53:43 AM
 #1038

I have seen projects extend their bounty campaigns by a few months these days.  They are not raising the funds that they need so they extend the duration of the ICO which can be a lot of additional work for the same amount of bounties or maybe a little more. 
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September 30, 2018, 04:01:42 AM
 #1039

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September 30, 2018, 04:05:20 AM
 #1040

The higher the level of enthusiasm from the community in participating in the bounty campaign, the more people will create a bounty campaign. This is used by some people who are not responsible for taking advantage personally through the program. So that beginners are easy to get stuck because they don't have a level of knowledge that is capable of choosing a legitimate ICO. The fall in market prices was also one of the causes for failed ICOs which were later considered scam by the participants.

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