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Author Topic: Why so many bounty campaign are extending?  (Read 5903 times)
Esterklu
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October 12, 2018, 07:52:04 PM
 #1121

Almost all bounty in which I am still taking part is extended. All this is the case - it's quite difficult to even pick up softcap on the falling market.
Coroline
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October 12, 2018, 07:57:58 PM
 #1122

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 your opinion, because lately too many unclear projects can be called scam projects, and that makes investors hesitant to invest in the ico project
Gryphet
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October 12, 2018, 08:13:21 PM
 #1123

Yes, of course a lot of Scam projects , I think a lot more extend ico projects , I think now very bad all with ICO fees

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mitsarasss
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October 12, 2018, 08:28:59 PM
 #1124

Look at how many projects each month trying to raise funds, now imagine how many scammers are among these projects or just bad ones. Any team of any project wants to collect investments and does everything possible for this, extending a bounty company is one of the methods.
firesurfer
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October 12, 2018, 08:43:15 PM
 #1125

currently there are many bounties that are extended in because the target of ico is not achieved. usually the bounty is extended 1 to 2 months.



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renault18turbo
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October 12, 2018, 08:47:37 PM
 #1126

I am in the same situation. There are some bounty from this summer and they still didn't launched ico. That is very odd coz I am not receiving any rewards.
oriontab
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October 12, 2018, 08:55:55 PM
 #1127

not being able to meet the soft cap ( due to dwindling patronage from investors)  is the reason for the recent extensions of ICOs/Bounties. The idea is that such extension could offer some opportunity to increase sales as conditions may become better
SkvorNyc777
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October 12, 2018, 09:15:06 PM
 #1128

Due to the various difficulties with collecting hardcap actually. They know very well that this time is not for ICOs and bounties are absolutely dependent from ICOs, nothing to do with it Sad

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October 12, 2018, 09:29:11 PM
 #1129

I agree. This is one of the reasons due to the bark bounty companies have become longer, but it is the main.

Bonwin
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October 12, 2018, 09:57:49 PM
 #1130

Not all bounty campaigns are being extended. I can say categorically well that most of the campaign i have been part of did not extend their campaigns and i have seen similar projects like that.
Some projects, instead of extending by heir bounty campaign, would rather find a way of prolonging the ICO, so that their aim can be achieved.
That reminds me of FarmaTrust. Campaign ended long time ago, but the ICO was extend, because of the nature of the market and they were able to achieve their hardcap.
djselery
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October 12, 2018, 10:03:48 PM
 #1131

It is mostly related to the ICO project, they extend the period of the public sale sometimes many times in order to collect at least the soft cap. And as a result, the bounty campaign get extended as well to promote the project and trying to invite more investors.
But it is generally not a good sign especially if the ICO get extended many times, it is showing that the project isn't really attractive.
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October 12, 2018, 10:18:44 PM
 #1132

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, it is very difficult now to see that the ICO can achieve hardcap even to achieve softcap is very difficult (although there are some ICOs that can achieve hardcap), even many ICOs fail at the time of sale because there are small buyers, unlike in the year 2017 ICO is very easy to succeed because there are many investors who invest, but in my opinion investors do not want to invest not because they are afraid that the ICO is a scam but the possibility of an new ICO project is the same as the existing ICO project and there are no advantages of the current ICO project with the former, so investors interest to invest less because they fear the project will not be able to survive and the price cannot increase.

Jrfranco
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October 13, 2018, 04:28:43 AM
 #1133

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?

For some reason, bounty could be extended this is because of the performance of the whole crypto market, this affects of the behavior of the possible investor to buy at the ICO or not. Its the project discretionary terms if they would agree to entend the ICO or not, but recently due to unfavorable market condition and the continuance of the decreasing value, ICO has been extended due to this reason. If the ICO reached their required capitalization, then there is no reason to extend the ICO.
BitDane
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October 13, 2018, 04:44:20 AM
 #1134

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 the most agreeable reason why a certain ICO extended because they lack funds and doesn't reach the soft cap on a given projected date. Due to the promising project, the dev and the team who wanted to push through their project is to extend their ICO which is a good thing to everyone who joined and invested in that project. They also update their users about their plans about the project. Well, we cannot blame these people because they have invested their time and effort and they want their supporters to have income too.
CutePanda
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October 13, 2018, 04:48:39 AM
 #1135

I think the reason why he doing that because they want to wait untill the market rise again and this year ico's show up with boring concept, very diferrent like previous year when ico's show with unique concept.

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October 13, 2018, 04:55:18 AM
 #1136

The bear market hasn't been favorable since April, Most ICOs have had to fold up because of this!! People have lost interest in investing in ICOs especially after finding out most of them have been scams and drain holes that left investors wishing they never knew crypto! Projects that believe they can still raise some capital to execute their road map, are extending BOunty programs to see if their adverts via bounties can make a difference, while anticipating that the "The Bull'' will return anytime soon!

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fammy
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October 13, 2018, 05:28:42 AM
 #1137

One of the main reason I think why several bounty campaigns tend to extend is because of their ICOs didn't reached they target funds that should be raised which make the bounty campaigns longer.

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Fluxtorrence9
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October 13, 2018, 05:41:31 AM
 #1138

That's because they failed to reach their soft cap so they will have no choice but to extend the bounty campaign, this days lots f scam projects are been released and its getting more tiresome ,I just hope coming year won't be like this
larry1994
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October 13, 2018, 05:48:16 AM
 #1139

I think the main reason behind that is that they do not reach their target fund in the month they mentioned that they will be ended , so that they conduct an extension to support their funds.

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October 13, 2018, 05:55:59 AM
 #1140

With the abundance of the ICO cannot achieve success, certainly, it is very influential. So many investors no longer believe against investment in ICO. And I agree with the opinion, now campaign expands because they want to attract investor interest again. And you have to be careful in determining projects that will follow.

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