AlaEhBTC
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July 09, 2019, 07:39:24 AM |
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That is normal if the project fails and that is the risk that we bounty hunters should know when doing a new bounty. Another time is wasted if this happens.
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OptimusPrime_3
Jr. Member
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Activity: 308
Merit: 1
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July 09, 2019, 08:42:44 AM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
what you read is very correct and if you are new here, you will face this as well so you should get ready to let go. The bounty manager can't be held responsible if the project didn't reach the required funds to continue the project
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☯ INJECTIVE PROTOCOL ☯ Bounty Running ☯ ☯ Fast, Secure, and Fully Decentralized Trading ☯
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farraddy
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Merit: 10
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July 09, 2019, 08:44:46 AM |
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No one is immune from failure. Projects can also fail but there are projects that were originally conceived as scam. It is important for us to be able to recognize such projects.
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Delilonia1
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July 09, 2019, 08:48:26 AM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
It is true that a project might not pay at the end if they are unable to reach their soft cap. As a result, it might be extremely difficult for them to pay or they dont even pay at all because that's going to be a huge loss to them. This is not to say you shouldn't campaign for any project of your choice. You just need to be hopeful that things will turn out as expected for the owners of the project so you can get paid
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Kasabus
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July 09, 2019, 10:48:36 AM |
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No one is immune from failure. Projects can also fail but there are projects that were originally conceived as scam. It is important for us to be able to recognize such projects.
Basically that's the first thing we should do because if the project is scam, we can't expect to get paid and all our efforts are just wasted, not only that, our reputation but be affected as well.
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o.ogurlu
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July 09, 2019, 11:49:31 AM |
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Yes, if the ICO fails, then it's normal that the bounty rewards are not paid. Because ICO's aim is to find the funds which it needs for the development of the project. And when the project fails to find this fund, it cancels any extra payments, such as bounty campaigns. This is quite usual. I think, the bounty manager doesn't have any responsibility about that. Because funding is quite difficult, especially at this time.
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Bonwin
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Merit: 38
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July 09, 2019, 11:57:05 AM |
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Whatever wrong happens to most of these new projects, bounty hunters care usually at the receiving end. If they are not to blame for the wrong done, their tokens are withheld until there is no volume. Although this does not happen at all times to all bounty campaigns. This is why DYOR is necessary.
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Slavyanskiy
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Merit: 17
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July 09, 2019, 12:01:40 PM |
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Indeed, there are situations when projects do not collect the required amount and because of the lack of opportunity to implement the project, they do not pay money to headhunters. But on the whole, there are a lot of scammers on the cryptocurrency market, you have to be very careful here.
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thesosorr
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July 09, 2019, 12:07:03 PM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
Of course it's normal. The manager will also get nothing. But before the manager is willing to be part of the bounty campaign project, in my opinion there is an agreement. In general, once again I say that is normal.
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ned.ryerson
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Merit: 101
Oikos.cash | Decentralized Finance on Tron
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July 09, 2019, 12:35:16 PM |
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Indeed, there are situations when projects do not collect the required amount and because of the lack of opportunity to implement the project, they do not pay money to headhunters. But on the whole, there are a lot of scammers on the cryptocurrency market, you have to be very careful here.
There are a lot of scammers not only in the cryptocurrency market but it is important to understand that the tricks of the scammers are mainly for those people who are not educated and do not know how to understand projects.
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pinoyrichkids
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July 09, 2019, 12:44:19 PM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
If the project is failed, then there could be no payment will be made, because the whole project itself has failed from its goal, so any payment promises will be void, we all know that, that is why, we are all recommended to take due diligence to study the project that we want to promote, because this involves our time and effort.
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Mikcik
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July 09, 2019, 06:22:15 PM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
for me, when an ico does not reached their target soft cap. It does not matter if they pay or not because in able for a company to move further, they need to atleast reach the soft cap which they will use on their development. Soft cap is used for tricking the investors and new traders in my humble opinion. No matter they pay the rewards to the bounty hunters or not, that money should be used for development of the project. Some projects don't respect this rule and they dump their project token on the exchange after listing. projects that don't pay back when they don't get soft-cap prove they are fraudulent. And I feel that sooner or later it will die
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doedz
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July 09, 2019, 11:59:22 PM |
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This is the risk of becoming a bounty hunter, wasting time on projects and getting nothing. this is a good reason to immediately stop relying on bounties, at least don't make the bounty the main job.
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Mypanara19
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July 10, 2019, 02:40:10 AM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
Of course if the ico has been sold and reach the hardcap it would only mean that its tokensale is successful and that the project could continue with what was stated with their whitepaper so they must pay the bounty hunters because bounty pool are included with how they distribute the token supply. But there are instances that ico failed and bounty hunters would not get paid. It sad but its true.
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xysheeh03
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Merit: 1
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July 10, 2019, 02:58:45 AM |
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I think they would not pay whenever they couldn't reached the soft cap of a project, unsuccessful project is when they doesn't meet to reach the project soft cap. As for my first bounty experienced couple of months ago, we were not been paid since the project fails to reach its soft cap.
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Malamok101
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Merit: 100
Proof-of-Stake Blockchain Network
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July 10, 2019, 03:35:47 AM |
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that's normal, especially if the ICO doesn't reach the target, meaning that the coin / token failed to be marketed, so if you don't get paid then it's normal, and the responsible is not the manager campaign, but the developers.
Your correct also so its your own path to choose bounty campaigns before participating many bounty campaigns because its normal to scam once you choose a trash campaigns more research to do sometimes its free work for all and so many bounties to pick also.
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Chinsmokers
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July 10, 2019, 05:53:37 AM |
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If you're an an always prepared bounty hunter, so you are capable for the fact that this industry is very random. The project can even be very successful at the ICO, but you will not receive your payment. It is very annoying, but it is necessary to prepare for it. Well, if the project has not collected the hardcap or even softcap - it's commonl that you will not be rewarded as well.
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Chika08
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July 10, 2019, 06:37:21 AM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?
Is the bounty manager will be liable to here even its not in their control that ICO failed?
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.
it's normal to many projects, it's been happening for long now. Let's see it this way, the projects launched but didn't reach their required soft or hard cap, so they refund investors and the team don't have money to pay to hunters. It's as simple as that.
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zzortyx
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July 10, 2019, 07:42:30 AM |
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Bounty hunters should always be ready to be left without payment and there were many such cases in my practice. There is nothing to be done about it and it is useless to complain.
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robelneo
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Merit: 1226
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July 10, 2019, 09:29:59 AM |
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Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target? Yes that's the rule if they did not reach the soft cap and refund their investors there is no funds to pay bounty hunters so my advice pick only the best project that has a good potential in the market
Is the bounty manager will be liable to here even its not in their control that ICO failed? He has no liability whatsoever, his work includes accepting bounty hunters, updating their reports and submitting to the team for token distribution
I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure. This is the reality that bounty hunters should accept if you think that this project has a potential then go for it.
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