My 120 Days In Bounty Hunting & What I have Learnt

[Bolivar_Tony]

That's quite an experience, For me I have learn a whole lot including most of the things you have already mentioned, I have also learnt that you should not put all your hope in bounty because most of the won't pay and most that pay, their won't be amount to something meaningful. you just have to keep going and believing to hit the right one.

[frost_wind]

You have a rather useful FAQ for newbies, but I didn’t see the most important thing in it - are you satisfied with your earnings? Doing this for the past 4 months, do you still think that the time and effort spent on bounty hunting is worth it?

[Denreal]

Your write will continue to be in all round season, because it is a good and ever useful one. The effort put into bounty will determine how much would be made. I am not surprised that just as some people are succeeding in their hunt for bounty campaign, some are still complaining. This post should be an encouragement to them and they should now come to realise the benefits of being patient.

[boller]

experience and knowledge in the bounty will be used for capital underwent a bounty in the future again. There is no easy job in the bounty if not ready with insights and deepening. Although this is considered a field that produces but also fraught with risks as the scam that could make the work would be in vain without being paid.

[bryant.coleman]

That's quite an experience, For me I have learn a whole lot including most of the things you have already mentioned, I have also learnt that you should not put all your hope in bounty because most of the won't pay and most that pay, their won't be amount to something meaningful. you just have to keep going and believing to hit the right one.

Don't generalize all the bounties. Even now, there are plenty of good bounty campaigns out there, which will pay you handsome rewards upon completing the tasks. You need to chose them carefully.

[Automaticbae]

You have a rather useful FAQ for newbies, but I didn’t see the most important thing in it - are you satisfied with your earnings? Doing this for the past 4 months, do you still think that the time and effort spent on bounty hunting is worth it?

I do not know about others, but i think i am satisfied with my earning so far and i also believe when the market condition get better there will be more than enough earning for bounty participants that are left in the bounty hunting since some are already quieting Bounty hunting because of the little or no reward gotten from it. 

[bitcoinmar]

That's quite an experience, For me I have learn a whole lot including most of the things you have already mentioned, I have also learnt that you should not put all your hope in bounty because most of the won't pay and most that pay, their won't be amount to something meaningful. you just have to keep going and believing to hit the right one.

Don't generalize all the bounties. Even now, there are plenty of good bounty campaigns out there, which will pay you handsome rewards upon completing the tasks. You need to chose them carefully.

Of course, when doing anything, you have to concentrate to do it better. With bounty, many people want to make money from it, but they do not spend much time for it. That was the first thing they could not make money from it

[trade2winnn]

I am much more than 120 days bounty engaged, I will say so for the year of work realized that earlier in the year 15-16 who started, earned a lot of money, if all sold in 17 at the end of the year,I still realized that there is no growth forever, there is only growth and correction,and if there is a possibility that the

[Babayan]

Thanks for the article author. If I have had merit I would give it to you. I agree with all these statements, except worse projects with high payment.

[jack1111]

ICO bounty has been offering some part time jobs for hundreds of people around the world, but it should not be considered as everlasting job, because bounty terms are changing by the time and according to the new regulations. In addition, the bear market has affected most ICOs which resulted in people lost their times for nothing. So I think it is better to spend time on bounty only when there is guaranteed reward at the end, or where the market condition is suitable.

[automaticmoney]

well written article bounties are really helpful for most of the crypto investors they gain knowledge and earn tokens as well and working for bounties in the bear market is beneficial the main reason is we can sell these bounties in the bull market

[Budi888]

http://I can learn to exchange crypto currencies, coins, tokens in several crypto exchange markets
=latoken.com/?utm_source=logo&utm_medium=referral&utm_campaign=[LAT]_[AON]_[OUT]_[Countinghouse]_[Logo]_[Platform]
= https://ddex.io/trade/CHT-TUSD
=  https://forkdelta.app/#!/trade/0x799d214d7143b766cdd4979cd0280939288ba931-ETH
= https://zapple.com
= https://token.store/trade/CHT
= https://etherdelta.com/#0x799d214d7143b766cdd4979cd0280939288ba931-ETH
= https://tokenjar.io/CHT

My wallet im token download on play store
0x52f5e900A6766393B3739a122490aCa4EF83Ce25

[Xtinah]

New Additions: Account Farming, Bitcointalk Proof Of Authentication, KYC/AML and The Importance of KYC

Today Marked My 120 days as a bounty hunter and during this period I have gained more experience and knowledge in cryptocurrency as participating in bounty programs gave me additional exposure to the latest happenings around the crypto space. So I decided to drop few things i have learnt and also provide answers to some of the most frequent questions asked.

The Few Things I Have Learnt In The Last 120 Days
During the past 120 days, I have learnt the following from participating in different bounty programs :>
1. Patience: Participating in bounty program have taught me how to exercise patience. I have come to know that whenever they announce that they are going to distribute on a specified date just don’t expect it that day so you won’t be disappointed. Wait for them to carefully distribute your reward directly to your wallets.
2. Effective Time Management: This is one of the most important factor in bounty programs and I have seen many work got rejected because of late submission. Rule is rule and it must be obey irrespective of individual participating.
3. In-Dept Trading: Before joining I will say I have been able to trade in few cryptocurrency trading platform. Bounty have opened my eyes to numerous trading platform that I haven’t used before now.
4. Perseverance And Consistency: This keeps me going to strive for the best all the time. It is true that hunters are at the mercy of Bounty Manger Mangers and the Project team when it comes to distribution of rewards.

What Bounty Is?
Bounties are extraordinary program set aside to create awareness for the development of cryptocurrency projects and such programs usually end up rewarding participants that participated during the program. Another thing you should know is that there is always a specific time set aside for any bounty program, it can be 1 week, 2 weeks, 3 weeks and more many depending on the Project and the number of participants that sign up for it.  With this I have been able to classify Bounty into two, which are the specified and unspecified Bounty.
For Specified Bounty, there is always a specific time for such programs to end except otherwise stated. While the Unspecified Bounty end as soon as ICO ends. So it is important for bounty hunters to note the difference especially when choosing a bounty program to participate in.

Who Are Bounty Hunters?
These are some set of individuals that participates in bounty program. In addition, hunters are those set of persons who have little or no knowledge but have already made up their mind to agree to the terms and conditions of any bounty program they chose to participate in. Hence they are the Marketers that deploy their tools to create awareness for cryptocurrency projects.

Who Is A Bounty Manager?
Bounty Manager oversee the well-being of Bounty Program. They launches the program, set rules and effectively manage the bounty program. He or She as the case maybe are the ones hunters report to and are also responsible for awarding stakes. A Bounty manager can also be called; a Campaign Manager. Let me not forget to say that Bounty Manager are experience and it is difficult for hunters to trick them because they have seen it all and knows what it takes to embark in bounty. For Good Bounty Manager, check here: https://bitcointalk.org/index.php?topic=3085997.0 Also there are some platforms that launched good bounty programs and in this platforms you don’t need to submit your reports as it will be tracked automatically, such platforms are: BountyHive, Bounty0X, Bountyplatform to mention a few.

What Are Campaigns?
Campaigns are Subset of Bounty. In Bounty Programs, there are different types of campaigns these are Facebook, Twitter, Instagram and Telegram which can be classified as Social media campaign and lately some Bounty Manager have started Classifying Reddit and LinkedIn Social as Social Media campaigns. We also have Translation, Signature, Content Creation (Articles/Blog and Videos) and Reddit Campaign.

What Stakes Is?
These are deploy tools used by bounty managers in rewarding bounty hunters before carrying out extensive calculations based on token. The beauty about stakes is that it is directly proportional to the number of tokens you will receive. So the higher your stakes, the higher your tokens.

Understanding The Bitcointalk Proof Of Authentication
These are measures set aside by Bounty Managers to help reduce hunters deploying multiple accounts in participating in the Bounty Programs. BTT proof of authentication may require of hunters to submit their details in the Bounty Thread as proof that are own the account they are using. Some Bounty Managers like Btcltcdigger, Maxx and other Good Managers of recent deployed this techniques.

Account Farming
I think this have become the other of the day in most Bounty Programs. The Blockchain technology have been designed in such a way that we can easily track transactions that go in and out of our public wallet and with such, Some Bounty Managers have taken it upon themselves to track Bounty Hunters Wallet Address such as the Ethereum Wallet Address and if there is anyone found transacting within themselves, such will be disqualify and won't receive tokens. The Beauty about this is that even if a particular hunter transfer ETH or any other ERC-20 Token to a fellow hunter and they both participated in same Bounty or previous, Both will be tagged account farming and they will lose their stakes. Amazix have banned so many hunters from participating in their bounty campaigns with this.  

What KYC/AML Is?
This has become an important aspect and process that Bounty Hunters Need to go through first in order to be eligible to receive tokens.
KYC =>>KNOW YOUR Customer, While; AML =>> Anti-Money Laundering. For More Information about KYC/AML, please Kindly refer to this thread: https://bitcointalk.org/index.php?topic=454795.0

The Importance Of KYC In Bounty Programs
Well, from what i have seen so far, i think KYC was introduce to reduce the number of participants using multiple accounts to participate i various Bounty Campaigns. Earlier Bounty Managers deployed the Bitcointalk proof of authentication. I think this is no longer as effective as it was before, so the KYC was introduce to help work with the former.

Few Things You Need To Check Before Jumping In Any Campaign
1. Carry out extensive research on the background of the projects, check for the authenticity of the team members and advisors.
2. If it is an ICO project, check if they have reached Softcap at least you might get your reward. So I believe you might have decided after checking out those all but important things.
3. Now on the Bounty itself, make sure you read and understand the General rules and regulations of the Bounty. Check the total allocation for the whole campaign to know how feasible it is.
4. Then decide the exact program you can embark on, Translation, Signature, Facebook, and Twitter, Articles/Blog/Video and others.
5. Follow the rules, report your activities according to the campaigns you participate in. You might be required to submit your activities via google form or through the Bitcointalk Bounty thread depending on the project. There are some Bounty that don’t allow participants to edit their already submitted activities while there are some that do not put that into consideration. These are part of the reason you need to read the rules as it will guide in getting your rewards at the end of the campaigns. I have heard and seen reports from different hunters on Telegram Bounty group complaining of not receiving rewards forgetting they refuse to follow the rules.

Do I Need To Pay Before Participating In Any Bounty Program?
No, you don’t pay but rather you are rewarded for participating. Note that rewards are only meant for those who follow the rules guiding the bounty program and also carry out the require task.

Which Campaign Is More Rewarding?
This is a difficult questions because of the number of hunters who get involved in Bounty Program this days. So what I do is after checking the total allocation, briefly I observe the spreadsheet to see where there are few participants. Trust me, Telegram, Twitter and Facebook always have highest number of participants and to earn big over there you will need to be that one participants with the highest number of Facebook friends and Twitter Followers. Also try as much as possible to start your activities from the beginning of the campaign that will give you an extra edge over others.
I think I will have to go with Translation----->>>Signature----->>>Articles/Blogs/Videos----->>>Reddit----->>>Facebook, Twitter----->>>Telegram campaigns. This order shows the highest to the least rewarding campaigns.

Why Have There Been Delays In Paying For Bounty Program Of Recent?
From what I have observed so far, I think most project are trying to protect their token from depreciating in value in this bearish market as almost all altcoins have experience this of recent. Also I will like all bounty participants to understand that as far as you participate in a genuine and sincere project, I think your reward will come but it is just a matter of time they will surely distribute this reward to those participants who carry out the right task and meet the rules of the bounty program.

In conclusion, I have learnt, enjoy and benefited from my last 120 days as a bounty hunter and I anticipates for more progress as my Journey continues.

Well written article, very helpful for beginners and even those into it. I have been into bounties since last year but I was slow to understand everything, it took me time to know. I needed an article like this to put me through. Thanks for this, very helpful

[lamadu3]

It was interesting to read one more story about how people try to make money with bounties. It wasn't easy for me at some period of time in the past. In the end I decided that it is better to do something else so I started to invest in Ethereum.

[Findingnemo]

Did you really earned any worthy token in these 120 days? Because most of the ICOs were scam and the remaining pays us token but it won't enter any exchange until now so better avoid participating on bounties for now because they are making use of use to make money and pays us nothing.

[qiwoman2]

I am barely earning anything now form bounties so have almost given up and the worse the bear market gets, the more and more unlikely it is for me ever to get paid any tokens that will ever hit an exchange and if they do they will be dumped so hard that I won't get hardly anything for my time. I live in a Western country and life is very expensive here so for me to make anything worth my time even remotely worth a minimum wage right now is impossible. I believe bounties now are only for those living in developing countries or for those without many living expenses, like kids living with their Parents for example who don't have much to spend on bills, rent, food and basic stuff that us normal adults have to fork out for daily.

[Leonard2016]

Well done , I like your courage and eager to do bounties and still doing it even more , Bounty hunting still could be really profitable , especially translation and signature ones , I suggest to every one who knows some useful second language to do some bounty hunting and make some money out of it.

[maksimukr1989]

If I had a merit, I would give it to you for a post. For newbies, this is a very good post. I know all these points a long time ago, but it will be useful for many newbies.At the moment, I personally see a strong outflow of bounty participants and unwillingness to participate in active bounty programs.I hope as soon as the market recovers, then interest in the bounty will once again become strong.

[restuibu]

information that is very detailed and can be understood by all newbie members ... but here I will only discuss bounty manager ... I suggest not seeing bounty manager if you want to join the project because bounty manager does't provide guarantees of getting a lot of income .. look for projects that have good concept ... not good bounty manager

[melomanskiy]

Thank you for the written article. It is useful to me. When newcomers ask me what a bounty is, how should I work in bounty programs, then I will throw them a link to your post)