MCDev
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August 04, 2019, 02:58:33 PM |
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This is normal. If the ICO of the project fails and the developers will be forced to return the money to investors, then they will have nothing to pay the bounty hunters for. Of course, they can list you their tokens, which cost nothing, but do you need this garbage?
You're right. We need to hope that the project needs to be successful, then we can get the reward from the bounty. In 2018 until now, I have participated in about 7 bounty. but only 1 successful bounty and get money from it
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Kang TB
Sr. Member
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Revolutionizing Reward Points
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August 04, 2019, 03:00:20 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 you joined any kind of bounty campaign during crowdsale period, and the project didn't reach the soft cap mostly the project will not paying the rewards to bounty participants my friend, and i think all bounty hunters knew about that buddy
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valuater
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August 04, 2019, 03:09:13 PM |
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very normal because most bounties have always been that way and even better like that than paying for their tokens, but tokens are only used as collections, for now there are still many projects like that so if you still follow the bounty, maybe you should be a little cautious and also always check before joining the bounty because it could have been a project scam
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numanoid
Legendary
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August 04, 2019, 03:16:57 PM |
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if you joined any kind of bounty campaign during crowdsale period, and the project didn't reach the soft cap mostly the project will not paying the rewards to bounty participants my friend, and i think all bounty hunters knew about that buddy
Not all knew about that, they are just blindly sign up in any of bounty to hope they will get rich. When they didn't get paid aka scammed or they got paid but the token is worthless, they will complained to dev.
OP, it's a normal thing. Now close your thread
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Krabby
Sr. Member
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https://primedao.eth.link/#/
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August 04, 2019, 04:06:50 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.
Yes, I especially do not see the point of the project to pay if they are not going to develop this product , because it will just be abandoned and the tokens will not cost anything. projects with no product or purpose will not have any value.they should not generate token and distributed to any people, it just be garbage in our walllet.this condition now happen to many new projects , they failed in crowdfunding and could continue project developtment. I agree with you, if ico fails it is better to refund and the sale is stopped. many new projects failed but did not give announcements to investors. extending a campaign is not the right choice. Expanding the campaign will not help the project succeed. I am pretty sure that the project will become scam and the bounty will never be paid. I have seen a lot of bounty like that in the past, it's all a waste of time with them
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mbluxs
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August 04, 2019, 04:36:31 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.
what you say is normal. yes the reality is like that. the campaign will reward us if the target they want exceeds, and of course the rest will be shared. even though the concept of the campaign is like that, yes we do not hesitate to jump in and participate in the campaign. because the profit we get is half of the campaign. so don't doubt the campaign for now.
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gunhell16
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August 04, 2019, 04:48:45 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 soft cap is not reached then they can cancel the project and not pay the participants. No, it is not for the manager to cover it, this is the life of bounty hunters. Not all ICO are failure, but it is normal not to get paid if the ICO failed.
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Azuliand
Jr. Member
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August 04, 2019, 05:24:35 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.
Well, I don't see much point in the distribution of the coin , if the project is not to go to the exchange , I think it would be correct if the bounty will be distributed when the project is successful.
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[ EFT ] EASY FEEDBACK TOKEN [ EFT ] YOUR FEEDBACK MOVES THE WORLD (https://www.easyfeedbacktoken.io/en)
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d_fitrie
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August 04, 2019, 07:11:00 PM |
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it's normal, the bounty is not paid for example if the softcap target is not reached because the team does not have sufficient funds for the development of the project in the next few years, the bounty manager is not responsible if the bounty is not paid even he also does not get rations from his work
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herurist
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August 04, 2019, 08:07:16 PM |
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Before joining, read the bounty rules. If Softcap Targets are not met, the payment will not be reached, this rule is applied in almost all Bounties unless they do not set the target of course there is payment.There is also a successful bounty on sales not willing to pay Bounty participants usually the Team manager will be given a negative trust.
Most people who resonate with the bounty campaign don't read their rules as long as they join after the bounty ends and don't reach their target of talking about not wearing it even though it's clear that there are rules.
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ra_pl
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August 04, 2019, 08:18:51 PM |
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Before joining, read the bounty rules. If Softcap Targets are not met, the payment will not be reached, this rule is applied in almost all Bounties unless they do not set the target of course there is payment.There is also a successful bounty on sales not willing to pay Bounty participants usually the Team manager will be given a negative trust.
Most people who resonate with the bounty campaign don't read their rules as long as they join after the bounty ends and don't reach their target of talking about not wearing it even though it's clear that there are rules. I agree with you. Sometimes ago i participated in a bounty program without reading the rules and cost me a lot at the end of the bounty. It's important to pay attention to the rules and follow all protocols.
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fosco333
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August 05, 2019, 04:52:20 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 works like that because when ICO failed to raised enough money, the money will be returned back to the investors. if the money has returned to investors, then the promoters of the project will get nothing because the project has failed. That is the risk for bounty hunters, therefore we must find a project which can attract investors because that is a good project.
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letyouearn
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August 05, 2019, 05:17:16 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.
There are several possible bad scenarios: 1) ICO/IEO fails for some reason. Low funding or some regulatory problems or something else. 2) Bounty scammers. The team may decide not to pay anything to bounty manager and participants. 3) Bounty manager - scammer. He received his payment but scammed the hunters. 4) Bounty pool decreasing. For any reason the team may do this and you can't stop them. 100 times decrease is quite usual for example. "Sorry, but we raised too small sum... We decided to decrease the bounty pool. That would be better gor all the *shitcoin name* holders. Thanks for understanding!" 5) Different kind of delays. Delayed tokens payment, delayed bounty payments, delayed KYC procedure, delayed listings etc. Keep that in mind and don't be frustrated when you see something like this ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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forexandcryptoauditor
Copper Member
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August 05, 2019, 06:04:38 PM |
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Responsibility of failure goes to the project itself and to bounty manager. Bounty hunters bring the investors to the project to invest But due to some reasons, he/she not feel confident about it, will not invest. Another reason could be that bounty manager did not align the Campaigns with the project need. So not enough investors turn around.
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konflikkastil
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Sovryn - Brings DeFi to Bitcoin
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August 05, 2019, 07:18:02 PM |
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The bounty manager only works to promote the project and who pays the bounty participants to remain the team, so if the team does not reach the softcap and does not pay the bounty participant then it is a very reasonable thing
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furball64
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Proof-of-Stake Blockchain Network
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August 05, 2019, 08:28:07 PM |
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very normal because most bounties have always been that way and even better like that than paying for their tokens, but tokens are only used as collections, for now there are still many projects like that so if you still follow the bounty, maybe you should be a little cautious and also always check before joining the bounty because it could have been a project scam
Bounty campaigns have recently brought very little profit. And some even generate income in the form of zero. That is why bounty hunters are very difficult. The lack of solvency of new projects is the main problem of bounty campaigns.
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albon
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August 05, 2019, 08:46:48 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.
There are a lot of projects that I have worked with and I have not got the rewards of the bounty, If the project does not achieve success and failure to achieve its aspirations and did not reach SoftCap then the project team will return back the investors' money also they will not pay the bounty participants' rewards, Because it will be worthless tokens have no price, The person responsible for that failure is the project team and the developers and not the manager of the bounty because he just has done his job promoting their project, You can do research and review on good ICOs projects that will be successful and then joined it.
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Nwagodno
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August 15, 2019, 09:57:45 PM |
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This is just flimsy and irrelevant excuses to deny bounty hunters of their reward. To me, a bounty manager should be held liable if and when the project team fails to deliver on the bounty promises.
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kak uli
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August 15, 2019, 10:24:06 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 ICO fails or does not reach the minimum sales target (softcap) then it is natural for prize hunters not to receive payment from campaigns that have been carried out for several weeks .. because ICO fails will not develop their project due to lack of funds ... and the bounty manager will not responsible for the ICO failed because the bounty manager only managed the bounty campaign.
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Kasabus
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August 16, 2019, 02:40:52 AM |
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This is just flimsy and irrelevant excuses to deny bounty hunters of their reward. To me, a bounty manager should be held liable if and when the project team fails to deliver on the bounty promises.
If that's the case, that would reduce the number of bounty managers in the space because one mistake they might loss their reputation or worse their account in bitcointalk might get red tag. I think we should not totally rely on the bounty manager, we should also make our own research about the project we are promoting, function of the bounty managers are more like to compute the job done or relay information from the team. to the bounty hunters.
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