Avoiding irrelevant bounties

[Runtown042]

The rate at which bounties are ending up to be a complete waste of time is becoming alarming. I took it upon my self to share a little bit of some research most member already knows what to to but some are still in the wilderness about it.

* the almighty white paper.
The white paper is like a tour guide into the project it is practically the foundation of the project.  So it is damn necessary to go through the white paper a whole lot can be deciphered from the white paper you can know if its unrealistic, if it looks like a scam or if it's just a complete bad project. White paper reveals alot so if you have made your decision there is really no need to waste your effort on bad white paper project

*investigate on the team and the bounty manager.
I once saw a project managed by a newbie with only 3 activities. Not really saying that it's Gonna turn of fuckin bad but to be safe it's OK to go for bounties managed by established experienced bounty manager and also watch out for bounty organised by managers with red trust it is fuckin stated there to trade with extreme caution . Also the quality of a team tell the outcome of the bounty. A bounty organised by shitty team always turn out shitty or is a scam

*Know when to drop a shitty project. Well no one is perfect and the future is very much unpredictable even with great measures you can still fall a victim of a bad project. But the decision to drop it is up-to you. You must have the zeal to say enough is enough and save your precious time. There is really no need continuing a project that is headed for a pile of shit. You just pick yourself up and learn from it

* check your possible gains. You would not be happy if you signed up for a bounty campaign that ended up giving you peanuts. Far too many people has ended up gnashing there teeth on receiving there bounty rewards. So it quite important to do a mathematical estimation of your rewards.

keep away from bounties with set measure of coins/tokens as remuneration. Well there may be a few special cases, if the set reward is sufficiently high, yet there is an issue of creators knowing precisely the amount they will pay you. In any case, in the event that you run with the course of stakes, you are probably going to get considerably higher reward. In the event that the creators will give 100 000$ for interpretation abundance, and you wind up being just 1 of 20 members in this ICO, your reward would be considerably higher than, suppose, reward of 60 000 tokens worth 0,01$ each.

Add up to coin supply will let you know, how could the coin/token develop after the posting. Coins with extremely high aggregate supply will msot likely drop like and apple on Newton's head in the wake of posting. So endeavor to partake in the bounties of ICOs with low aggregate coin supply.

Check the spreadsheet before going in, if there are as of now 1 zillion individuals liste for the abundance you are intrigued it, it may be past the point where it is possible to amass enough stakes for you and you would get just a little reward. Additionally check the spreadsheet even subsequent to pariticipating frequently and separate the aggregate abundance with effectively given out stakes and increase it by your stakes. Tally if this ICO is still pleasantly benefitting one, or on the off chance that it just turned into an unprofitable engagement

I wish you a great bounty hunting

[HabBear]

This is a trick question. Aren't all bounties irrelevant? YES!

The rate at which bounties are ending up to be a complete waste of time is becoming alarming.

I'll quote you, the OP, to support the FACT that bounties are (as you say) a complete waste of time. They support one group...and it's not the participants, it's the "developers" trying to pitch their coin that bounty campaigns benefit, that's it! If an up and coming ICO has a great use case it doesn't need people on a forum or people with a twitter account to promote it.

[pozmu]

They support one group...and it's not the participants, it's the "developers" trying to pitch their coin that bounty campaigns benefit, that's it! If an up and coming ICO has a great use case it doesn't need people on a forum or people with a twitter account to promote it.

You're completely wrong, I've been in one great projects from very beginning and they didn't promote it as they should and I was even embarrassed to promote it on my own (in my country) but after some time they skyrocketed, if they would employ some clever marketing campaigns from very beginning they would be lot more popular much earlier. Many shitcoins are professionally marketed these days and that's why you think that. 

[mahdie88]

*investigate on the team and the bounty manager.
I once saw a project managed by a newbie with only 3 activities. Not really saying that it's Gonna turn of fuckin bad but to be safe it's OK to go for bounties managed by established experienced bounty manager and also watch out for bounty organised by managers with red trust it is fuckin stated there to trade with extreme caution . Also the quality of a team tell the outcome of the bounty. A bounty organised by shitty team always turn out shitty or is a scam

Most of projects will be scammed once they can't pay you on your work. Others also are posted by newbies so its too scared to enter if your concern regarding wasting of time. That's why there are called Bounty Managers, I was before collecting bounties as long as i could but now only trusted people or higher ranks will be qualified for me to enter in that project. If they are a good project then they should as someone to coordinate to promote the project. Not only posting by someone.

[frchowe214]

*Know when to drop a shitty project. Well no one is perfect and the future is very much unpredictable even with great measures you can still fall a victim of a bad project. But the decision to drop it is up-to you.

This is good advice, the problem is that once started and investing several weeks of time into it, it feels very annoying to give it up. However, you are right as there no point flogging a dead horse, just pack it in and leave

[Fenya96]

This is a trick question. Aren't all bounties irrelevant? YES!

Yes, there is truth in your statement. I agree that most of the times for example social media bounties are irrelevant. Bounty hunters buy followers and those retweets/shares are totally worthless. It is rare that someone uses his/her personal accounts and shares the posts there. On the other hand there are some bounties that are needed to get the word out to the potential investors: creative bounties and signature bounties (on Hero, Legendary rank) can have some positive effect on the marketing. And also (sadly) nowadys a big follower base is an expectation for new projects on social media, and in some cases bounties and airdrops are the only way to get the numbers.

[Lakai01]

One of the biggest issues is that bounty hunters often just dont read the "terms and conditions" of the bounty or can not do the math. This would save a lot of annoyance and lost time.
If, for example, the number of participants for certain campaigns is not limited and the project is already relatively well-known, then the reward is accordingly low. The best example for me is Eventum / Verity. The bounty rewards were very low and therefor a lot of bounty hunters complained in the telegram channel. However, if one of those who complained there would have read through the terms and conditions and calculated the stakes, it would have been clear from the start that there would be very little to get at that bounty.

[HabBear]

They support one group...and it's not the participants, it's the "developers" trying to pitch their coin that bounty campaigns benefit, that's it! If an up and coming ICO has a great use case it doesn't need people on a forum or people with a twitter account to promote it.

You're completely wrong, I've been in one great projects from very beginning and they didn't promote it as they should and I was even embarrassed to promote it on my own (in my country) but after some time they skyrocketed, if they would employ some clever marketing campaigns from very beginning they would be lot more popular much earlier. Many shitcoins are professionally marketed these days and that's why you think that. 

Ha, ok. I'll bite. Give us examples of the "one great projects" you were involved. Seriously. What's the crypto? How much did the bounty pay and for what action on your part? How much of the crypto did you receive.

If that coin still exists we can look up how much success you've actually had.

If you don't respond, you're clearly bullsh*ting us.

[pozmu]

The coin I'm talking about had no bounty program or ICO (nor premine), I mentioned it because it was under the radar of most people because it didn't have extensive promotion.

[amezov]

at the moment right now a lot of scam companies, and choosing a company of bounty must be spent with a certain analysis so that your time is not wasted! These tips are very helpful.

[Kemarit]

One of the biggest issues is that bounty hunters often just dont read the "terms and conditions" of the bounty or can not do the math. This would save a lot of annoyance and lost time.
If, for example, the number of participants for certain campaigns is not limited and the project is already relatively well-known, then the reward is accordingly low. The best example for me is Eventum / Verity. The bounty rewards were very low and therefor a lot of bounty hunters complained in the telegram channel. However, if one of those who complained there would have read through the terms and conditions and calculated the stakes, it would have been clear from the start that there would be very little to get at that bounty.

So who has to be blame them? That's the problem with bounty whores in this forum. They really don't read, they spam and then later they complaining that the project or this community is not fair to them. LOL. If they have at least learn to read and understand how everything works here in the forum, we won't see thousands of spammers 'invading' bitcointalk everyday, or at least bounty managers rejecting those spambies.