How to select a good bounty campaign!

[chathu789]

Being a bounty hunter is not an easy task. There are scams, failed projects everywhere. Bounty hunters has to be careful more than ever. As a bounty hunter myself I thought to share my experience with other bounty hunters in here. I will talk about my bounty experience and my opinion about certain bounty managers and certain bounty campaigns I got to work.

There are two very important things to consider when it comes to selecting a proper bounty campaign!

1)   Potential of the Project
2)   Bounty Manager

In this article I am going to focus on Potential of the Project and next article will be solely on bounty managers and my personal experience with them.

You are going to spend your time and money on this campaign, if it fails all the hard work you did is in vain. Therefore it is a must to do a proper background research on the ICO. There are few methods to get an idea about the project.

1) Referring an ICO Rating Site

You can refer to ICO rating websites as it is the most straightforward and easy way. These websites (Please refer to annex 1) rate the upcoming ICOs. But it may not 100% accurate, even the most experienced people do mistakes as well these sites too. And also many of these sites charge a fee to publish an ICO in there site. Money can slightly change the rating of a particular project.

My Experience #1 :
I started to participate in,
FTEC Bounty campaign (Bounty Thread : https://bitcointalk.org/index.php?topic=3168899.0)
SkyFchain Bounty campaign (Bounty Thread : https://bitcointalk.org/index.php?topic=2996537.0)
Inpactor Bounty campaign (Bounty Thread : https://bitcointalk.org/index.php?topic=3286739.0 )
Eternal Trust Bounty campaign (Bounty Thread : https://bitcointalk.org/index.php?topic=3137885 )

after observing their great ratings, (All three had given more than 4.5 out of 5 by the icobench.com). As all above three campaigns/ICOs are still ongoing I cannot say much about the reward yet. And as you can imagine I hope that these ICO rating sites are correct!

My Experience #2 :

After referring to ICObench.com I saw an ICO with 4.1 score out of 5 named,
Unibright (ICO site: https://unibright.io/ Bounty thread: https://bitcointalk.org/index.php?topic=2994777.0)

The project team looked good, they even had a partnership with mighty Microsoft. I participated for 2 weeks and got 79 tokens! Oh wait, You need the value from US dollars? Last time I checked those 79 tokens worth $4.47 !!!

My Experience #3 :

I participated in a bounty campaign called

RootBlock Chain (Bounty Thread: https://bitcointalk.org/index.php?topic=3016577.0-root)

for 9 weeks there were no ratings about the project in recognized ICO rating sites. As days go by I was the second largest stakes holder in the bounty campaign according to the bounty spreadsheet. And guess what, they cancelled the bounty program day before yesterday (16/062018)! They announce that they are going to refund the investors and for bounty hunters, they get nothing but the total disappointment and agony!

2) Going through the project whitepaper and Team members

If you have the technical skills and time the best thing is to go through the project whitepaper and identify the project’s pros and cons, which will give you a proper overview. And the project members are pretty important too as the final outcome almost depends on their hands! Do a little background search about the core members and look for their achievements. Team is the strength of a project!

My Experience #4:

I joined a Facebook bounty campaign named

UCHIT (Bounty Thread : https://bitcointalk.org/index.php?topic=3167782.0 )
 
and worked for more than 9 weeks. I did not check anything about their project nor team members. But it is revealed that all the photos of their team in the website (https://uchit.info/) [yes, I know their website looks pretty wonderful, but…]

This scam is revealed in here > https://bitcointalk.org/index.php?topic=4467813.5

3) Following a veteran

One of the very efficient way to find a great bounty campaign is this. I always gaze upon on that shiny badges and unbelievable merit count of those legendary members, hero members, Senior Members with amazement in my eyes! Then I look into their signature, if it represents an Altcoin ICO I do a quick research and find the bounty campaign and participate in it.

My Experience #5:

Recently I saw a legendary member with more than 1500 merits wearing a fancy signature said

Impressio (Bounty thread : https://bitcointalk.org/index.php?topic=3350550.0 )

I decided to follow that bounty and I am hoping that legendary member is not wrong about the project!
 
(Actually this method is not preferred, but as newbies you may have to go to methods like that until you get proper knowledge and experience about the industry! )

PS: Always check the project’s social media activities, website maintenance, Special announcements in ANN thread, Telegram group and their interaction with the investors or bounty hunters. If you smell something fishy do not hesitate and send a message here! https://bitcointalk.org/index.php?action=profile;u=1980983
I have many other information, but I will stop now. Feel free to ask anything, give any suggestions, give any corrections. I am more than happy to cooperate!
Cheers to all the hardworking bounty hunters out there!

 
Annex 1

• ICObench
• icodrops
• icogens
• trackico
• icomarks
• icoranker

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[harryvnn]

Joining bounty is an investment. You are not paying your money but you pay your time, your work and other tasks to sit in front of computer for doing bounty. Put yourself on the side of investor who invest money, choose ICO and bounty campaign like you will invest your money in this, so you will take bounty campaign and ICO carefully. It is not 100% of all your investment or bounty campaign are good and legal but it will reduce your risk to minimum.

[chathu789]

Joining bounty is an investment. You are not paying your money but you pay your time, your work and other tasks to sit in front of computer for doing bounty. Put yourself on the side of investor who invest money, choose ICO and bounty campaign like you will invest your money in this, so you will take bounty campaign and ICO carefully. It is not 100% of all your investment or bounty campaign are good and legal but it will reduce your risk to minimum.

Yes of course! Investors invest money and we, bounty hunters invest our time and effort!

[Sanjeewa101]

Project vision, Team members, and White paper are the most important thing. Find out team members social activity history. Do your own deep research and don't go to be greedy participating every bounty on the bitcointalk website   

[nguyenvinh273]

Joining bounty is an investment. You are not paying your money but you pay your time, your work and other tasks to sit in front of computer for doing bounty. Put yourself on the side of investor who invest money, choose ICO and bounty campaign like you will invest your money in this, so you will take bounty campaign and ICO carefully. It is not 100% of all your investment or bounty campaign are good and legal but it will reduce your risk to minimum.

Totally agree with you. The project needs an understanding and persistence to complete. Hurry and depression will not lead to success. Hope you have the experience will guide the followers to complete the project easier.

[wvizmanos]

Pay more attention to the bounties you are following that has hype because it will more likely mean money. Earn as much coin/token as you can until the end of the campaign. For hyped project, amount could easily double once it hits exchanges.

[Hihihihi]

Thanks for the posts. Can newbies do bounties also?

[wvizmanos]

Thanks for the posts. Can newbies do bounties also?

Yes you can. You can join mostly in the social media campaigns. No sig campaign though.

[CVerification]

I want to introduce you another interesting way to earn money besides Bounty Programs.

Check our very promising project an participate as an Affiliate. -> cverification.com

If you take part in our Affiliate Program and promote the Pre-ICO and ICO of CVerification you will get rewarded (CVER tokens worth 3% of contributions) for all contributions which come as a result of the affiliate’s support.

The fully automated process of the affiliate program guarantees transparency and fairness .

More about the program: https://cverification.com/src/docs/Affiliate_Program_CVerification.pdf

[justin86]

I think both the Potential of the Project and and the Bounty Manager are not very important in bounty campaign because you usually look at how much it worths after ico but potential have effect on the long term. Interest in the project when bounty campaign runs is more important.

[FabiAdr76]

1) Referring an ICO Rating Site

You can refer to ICO rating websites as it is the most straightforward and easy way. These websites (Please refer to annex 1) rate the upcoming ICOs. But it may not 100% accurate, even the most experienced people do mistakes as well these sites too. And also many of these sites charge a fee to publish an ICO in there site. Money can slightly change the rating of a particular project.


My Experience #3 :

I participated in a bounty campaign called

RootBlock Chain (Bounty Thread: https://bitcointalk.org/index.php?topic=3016577.0-root)

for 9 weeks there were no ratings about the project in recognized ICO rating sites. As days go by I was the second largest stakes holder in the bounty campaign according to the bounty spreadsheet. And guess what, they cancelled the bounty program day before yesterday (16/062018)! They announce that they are going to refund the investors and for bounty hunters, they get nothing but the total disappointment and agony!

The same happened to me with Root BlockChain, I looked for them in ICObench and they gave a 4.2 rating and in ICOmarks 8.9, the whitepaper and the team seemed good but at the end the result was the worst.
As for the ICO Rating Site I found this post https://bitcointalk.org/index.php?topic=4474691.0 and stop believing in all these sites.
At the end all this seems like a simple lottery where only luck can pay us for our time and effort.

[technoloverr]

The quality of bounty campaign depends on those who organize them and you wont know if they work well until the campaign picks up the speed.

[biggNY]

My Experience #2 :

After referring to ICObench.com I saw an ICO with 4.1 score out of 5 named,
Unibright (ICO site: https://unibright.io/ Bounty thread: https://bitcointalk.org/index.php?topic=2994777.0)

The project team looked good, they even had a partnership with mighty Microsoft. I participated for 2 weeks and got 79 tokens! Oh wait, You need the value from US dollars? Last time I checked those 79 tokens worth $4.47

I feel your pain, it is not easy to pick right project to do bounty campaign on. I actually research ICOs in my free time and I really liked Unibright - with experienced, well organized team, partnerships and very good use case of connecting enterprises to blockchain. But unfortunately it didn’t do very well in this market...
However, I believe that if you hold on to these tokens they should be worth a lot more (but with time...).
It is sad, that these kind of (reputable) projects cannot pay their bounty hunters properly for their efforts. Afterall you guys did marketing for them 😵
Thanks for your insights  and good luck bounty hunting

[artistus84]

I'm new to this business.  I'm not an investor,I'm just doing various bounties and airdrop. Of the many the price is cheap yet, maybe it's not it time yet. But several projects have been successfully. Just be sure to correctly follow the rules drop.

[boyptc]

I'm new to this business.  I'm not an investor,I'm just doing various bounties and airdrop. Of the many the price is cheap yet, maybe it's not it time yet. But several projects have been successfully. Just be sure to correctly follow the rules drop.

All airdrops are cheap so don't expect that you can earn a living out of it. You may say it's not yet time but they will remain that cheap especially if those tokens does have billions of supply.

There are bounty managers that are also deceived by the project's team so you can't blame them too if the project turns out to be a scam but as long you see them working to settle things for the sake of participants, they are responsible.

[Jakson123777]

There is a risk of 50 to 50

[mrbear11]

   The most important thing I learn is to study how the bounty goes. It was hard and challenging but I can assure you that its all worth it. I would kindly as your good heart from the veterans here to give us more techniques and advises on how can we maximize the bounty rewards.

[iagyei259]

A good bounty campaign has nothing to do with ICO ratings and benchmarks. These ratings sites have packages that the higher amount the project team pays ,the more ratings, they get. I think you need to read the website with the whitepaper and the team to see if they  are capable of achieving what they have outlined in the roadmap before you invest your time.

[Salala1]

I always look at the team members,roadmaps,number of participants and the ICO rating of that project.

[mistersehmuz]

To save our time and efforts we have to be very careful. Project's vision, team's reliability and community support r most important things for me. Actually I do not trust ratings too much. A good marketing may increase an unreliable project's ratings.