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Author Topic: Why so many bounty campaign are extending?  (Read 5901 times)
caspersnowball
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September 30, 2018, 04:58:18 AM
 #1041

It may be due to the current market conditions. Because of that it is very hard for some projects to meet their required capital to start the project. So with hopes of raising funds laterl they may extend their bounty campaigns.
GamblingIsWrongWay
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September 30, 2018, 08:16:30 AM
 #1042

I agree, because most projects want to achieve soft caps or hard caps, the project also allocates funds to achieve success and profit, which is why many bounty campaigns are widespread. Be careful in choosing a project, because most projects in the bounty campaign are scams.

Deborah
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September 30, 2018, 08:19:46 AM
 #1043

There are many reasons for this. You need to know what is going on inside each project. Sometimes organizers worry that investors will not waste their electronic money or bitcoin in a falling market. Sometimes it comes from greed, when the team thinks it raises more money. But in most cases, this extension has no results.
S[m]OKE
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September 30, 2018, 08:28:17 AM
 #1044

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?

dommerty
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September 30, 2018, 08:30:27 AM
 #1045

I understand your frustration, but it is a market condition. With a bull trend majority of bounties will end prior to deadline, because ETH value can double and as a result all collections will double as well
margaret22
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September 30, 2018, 08:31:10 AM
 #1046

Surely, ICOs perform worse in the last half a year, and only to best ones are able to reach their hard cap, many can not even reach soft cap. In that case, they extend the ICO, and the bounty together with it.

NewRanger
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September 30, 2018, 08:34:30 AM
 #1047

Surely, ICOs perform worse in the last half a year, and only to best ones are able to reach their hard cap, many can not even reach soft cap. In that case, they extend the ICO, and the bounty together with it.
extending ico and also bounty campaign periode have a purpose to reach atleast minimal fund that needed to make project continue.sometime this decision unpleasant for investors

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Rooster101
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September 30, 2018, 09:19:31 AM
 #1048

Reaching a soft cap or hardcap is more difficult now because of the present market condition. The number of investors are not enough to fill up the required cap so they have to extend the ico for more weeks or months even the bounty campaign is over. Some ICOs are even quick to give up or close their initial offering when they did not meet their target and opt out for sale extension.
lavania
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September 30, 2018, 09:43:59 AM
 #1049

bounties are extanding because projects are extanding because we are at bear market and to start project while everything falling is a big mistake, thats why project owners chosing to wait for market recover and this is reasonable for the future of their projects,

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Mihail.B
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September 30, 2018, 10:15:42 AM
 #1050

Most companies reschedule to raise as much money as possible until the bear market is over. Everyone is waiting for a turn, as they are afraid to enter the market now. This is partly the right decision.
Amaliy Mordvinova
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September 30, 2018, 06:42:39 PM
 #1051

I earned a normal number of coins. But 90% of these coins or Scam projects either stop their development due to the crisis in the crypto currency market!
Inikoo
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October 01, 2018, 11:20:45 AM
 #1052

If an ICO can not reach it's goal of raising money, they have the choice of giving up, or keep trying. In the second scenario, they may extend the bounty as well, which may be better for hunters, than to loose all the rewards.

YinShuiSiYuan
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October 01, 2018, 11:29:47 AM
 #1053

I believe that much depends on today's market and the number of scams. At this time, it is very difficult to gain the right number of investors who are also afraid to take risks

Most campaigns are expanded due to collecting too little money to achieve a soft cap. The extension of the campaign gives team a chance to attract investors and collect more money necessary to develop the project.

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clipto
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October 01, 2018, 12:14:43 PM
 #1054

Because a lot of ICOs are not collecting the planned amount of money. Because of the market situation, or the lack of advertisement, they simply do not reach their soft cap. So, it would be better one day, when a new wave of fresh investors will arrive.
deeplilac
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October 01, 2018, 12:20:59 PM
 #1055

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?

Because the time of public sales has passed. Investors have become smarter. No one is just in such a hurry to part with their money. Projects do not achieve their goals and extend the ICO stage. This is agony.
bartusv
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October 01, 2018, 11:21:02 PM
 #1056

Issues with raising enough funds are the main reasons for extending the ICOs. This is why we have some never ending
ICO,  lasting and lasting. I have a feeling that some of them are not ready with their promises and buying time this way.

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October 01, 2018, 11:26:35 PM
 #1057

In my opinion this happened because the ethereum price was getting lower, it resulted in the reduction of funding in $ to be extended so that the funds they got in more token sales. this is reasonable because otherwise the project will not develop well if the funds obtained are few.
connecoin
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October 01, 2018, 11:32:20 PM
 #1058

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. And also, due to the dropping of the price of crypto coins, some investors hesitate to join in ICO because they are afraid that they can't gain profits from their investments. Maybe, they just want to wait more time until the crypto market stabilize.
reynald70
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October 01, 2018, 11:37:27 PM
 #1059

In my opinion this happened because the ethereum price was getting lower, it resulted in the reduction of funding in $ to be extended so that the funds they got in more token sales. this is reasonable because otherwise the project will not develop well if the funds obtained are few.
Yes that is true, there was a time when the ICO project was currently experiencing a setback because the ETH prices on the market experienced a very sharp decline. so their income from investors is not very comparable to the projects they make. So, in my opinion, when everything is at the point below for now, there will definitely be a saturation point, so as soon as possible, I'm sure everything will rise, and make the prestige of ETH back up.
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October 01, 2018, 11:41:05 PM
 #1060

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 but another reason is because of the value of crypto is not stable so that they prepare to hold their assets than investing their money into a project for safety of their funds, they prepare to extend it so that they can have enough funds for the use of their project and for paying the exchange listing this is what I see why so many ICO are extending their campaign.
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