95% of Bounties Are Bullshit For Everyone Involved

[presduterte]

Bounty hunters have become so useless that they now offer an ICO nothing. All their Facebook friends, Twitter followers, YouTube subscribers, whatever -- its all fake numbers and they always do the bare minimum to promote an ICO. Even ranks on this forum are faked. Merits are bought and sold, accounts can be farmed, purchased, for absolutely no purpose other than to spam this forum with useless information.

And what kind of traffic do they end up driving to an ICO website? Almost nothing. Most bounty campaigns literally have more participants than they will ever receive hits to their website, meaning the average traffic driven to a website by today's bounty hunter is less than 1 visit per month. Again, its because of all the fudged numbers. Everything is faked, nothing is real. There is no quality control whatsoever.

I really don't understand why anybody does social media bounty campaigns any more. Translations, graphic designers, website builders, app developers -- those are the real bounty hunters. Social media bounty hunters are just scum sucking parasites. They root through garbage trying to collect digital specs of nothing, leaving a trail of trash behind them.

Nobody wants to learn a thing about anything -- they just want "free money" as easily as possible, which usually ends up being worthless anyway. Would most of you just be sitting around doing nothing if you didn't consider this to be a means of "employment"? My guess is the answer is "yes." Feel free to correct me if I'm wrong.

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[pranazzs]

Currently there are many bounty hunters who only use a Newbie account. Which means they have created a new account, maybe not just one.
Lots of people who have multiple accounts.
better in the future, allowed to join the Bounty is a minimum Jr.Member account.

I also often find people who intentionally use my account username to follow the bounty.

[slaman29]

So you only found this out now? I might even say a higher number than 95%. With all due respect to other social media platforms, the only place where people actually can get good value with "bounty hunters" is certain type of influencers, some of them you can find right here on this forum.

But you're right. Most of them are utter rubbish. Posting to thousands of fake followers and subscribers - and let's face it, they need very little effort to post anything substantial, and why should they? Projects pay the same shit to a good poster, and a bad one.

But you know, they were as shitty as they were in 2017. People only noticed because of this bear market.

[GirlBitcoin]

I do not think it has any influence, buddy. Do you know that a community of 500 people can create a huge effect? Especially for those who are looking to invest in ICO projects, the writings will be greatly enhanced and it will have a powerful effect on investors. such as Wepower. It was very aggressive and thanks to the bounty hunters, the project was successful beyond expectations.

[presduterte]

I just don't understand why ICOs continue to employ bounty hunters. Do they not know how to read website analytics? Having to crush the price of your coin or token by handing them out like candy to useless bounty hunters - who immediately dump said coin the second they get it - makes no economic sense.

[Collider]

Bounty hunters have become so useless that they now offer an ICO nothing. All their Facebook friends, Twitter followers, YouTube subscribers, whatever -- its all fake numbers and they always do the bare minimum to promote an ICO. Even ranks on this forum are faked. Merits are bought and sold, accounts can be farmed, purchased, for absolutely no purpose other than to spam this forum with useless information.

And what kind of traffic do they end up driving to an ICO website? Almost nothing. Most bounty campaigns literally have more participants than they will ever receive hits to their website, meaning the average traffic driven to a website by today's bounty hunter is less than 1 visit per month. Again, its because of all the fudged numbers. Everything is faked, nothing is real. There is no quality control whatsoever.

I really don't understand why anybody does social media bounty campaigns any more. Translations, graphic designers, website builders, app developers -- those are the real bounty hunters. Social media bounty hunters are just scum sucking parasites. They root through garbage trying to collect digital specs of nothing, leaving a trail of trash behind them.

Nobody wants to learn a thing about anything -- they just want "free money" as easily as possible, which usually ends up being worthless anyway. Would most of you just be sitting around doing nothing if you didn't consider this to be a means of "employment"? My guess is the answer is "yes." Feel free to correct me if I'm wrong.

I have same opinion. But you should also exclude from your list translations. Most of bounty translators do not care about the quality and they simply copy-paste into google translator and new translation is avaiable!
Social media campaigns were useful when there were only few ICOs.

[jt byte]

Currently there are many bounty hunters who only use a Newbie account. Which means they have created a new account, maybe not just one.
Lots of people who have multiple accounts.
better in the future, allowed to join the Bounty is a minimum Jr.Member account.

I also often find people who intentionally use my account username to follow the bounty.

Many times my bitcointalk profile was involved in bounty campaign which I have never joined.
There are more scammers and fake profiles than you can imagine! Be careful, bounties are under attack and greedy hunters will destroy the future of bounties.

[kiemnhieutien]

 graphic designers, website builders, app developers are not jobs for bounty hunters. These work are done by project development team or outsource team and they will not accept token payment ( not listed token / non value) for their hard works. In fact social media and youtube bounty have positive effects to the success of an ICO. I have invested in some projects which i found them when i was scrolling my twitter feeds.

[cryptic4000]

It seems you do not understand the crowd law. When you are an investor, you see a lot of advertising on a project, you will definitely pay attention and will want to learn about it. The purpose here is to crowd effect. The more it appears, the more it will affect your psychology. I think you have a very wrong view about marketing.

[dipeco]

No they are not. It happens, because people are taking part in bounties, without knowing in what project they are participating. I bet with you 70 percent of bounty hunters have never read the whitepaper of any project.

[79b79aa8d5047da6d3XX]

I just don't understand why ICOs continue to employ bounty hunters. Do they not know how to read website analytics? Having to crush the price of your coin or token by handing them out like candy to useless bounty hunters - who immediately dump said coin the second they get it - makes no economic sense.

So can you suggest me, how to promote ICO widely, and the cost to make it cheap? Bounty has met these two needs with many advertisers and cheap payments. If there are other ways to advertise, then surely its price is not cheap

[valek.bruno]

Bounty projects will still start climbing very soon, so I would probably take part in all projects that today have a value, at least a small value, so that we can work with it in the end, I am sure that the bulls will come to the market.

[zeze18]

Bounty hunters have become so useless that they now offer an ICO nothing. All their Facebook friends, Twitter followers, YouTube subscribers, whatever -- its all fake numbers and they always do the bare minimum to promote an ICO. Even ranks on this forum are faked. Merits are bought and sold, accounts can be farmed, purchased, for absolutely no purpose other than to spam this forum with useless information.

And what kind of traffic do they end up driving to an ICO website? Almost nothing. Most bounty campaigns literally have more participants than they will ever receive hits to their website, meaning the average traffic driven to a website by today's bounty hunter is less than 1 visit per month. Again, its because of all the fudged numbers. Everything is faked, nothing is real. There is no quality control whatsoever.

I really don't understand why anybody does social media bounty campaigns any more. Translations, graphic designers, website builders, app developers -- those are the real bounty hunters. Social media bounty hunters are just scum sucking parasites. They root through garbage trying to collect digital specs of nothing, leaving a trail of trash behind them.

Nobody wants to learn a thing about anything -- they just want "free money" as easily as possible, which usually ends up being worthless anyway. Would most of you just be sitting around doing nothing if you didn't consider this to be a means of "employment"? My guess is the answer is "yes." Feel free to correct me if I'm wrong.

At least.. they spread the project so everyone could see the project is running.
Nothing bad with bounties except the dumper when the tokens enters the market

[spopovss]

Yes, that's right, very few bounty that will give a profit, as ico. Very hard times now in the bounty industry, perhaps in December the situation will improve.

[KRAUSS]

I was involved in bounty programs last year. But now it is absolutly different story (( But I am not sure we have 95 % bullshit. A lot of not fair ICO teams, but it is 40-50 % not 95....

[hsyncl]

Unfortunately, this is one of the biggest problems. Officially the project dumpster occurred in the market. These should be accompanied by at least a minor restraint. Or they do a lot of damage to the crypto market.

[zgrdyg]

Wow good morning my friend.  I agree completely agree with twitter, facebook and other social media bounties. But content creation in youtube, medium or bitcointalk signature campaigns are different then the mentioned above for me.

[Expert3]

It's the mere requirement for the job but the thing is you are spamming your fake profile with posts from a legit ICO , I think that is more of a downside for the campaign you are promoting.

It seems you do not understand the crowd law. When you are an investor, you see a lot of advertising on a project, you will definitely pay attention and will want to learn about it. The purpose here is to crowd effect. The more it appears, the more it will affect your psychology. I think you have a very wrong view about marketing.

Marketing it is. I am also hyped by ICO projects that I could see on my social media channels but when I see them very often, I think I'd ignore the project because of their improper marketing strategy. Flooding posts is really annoying and also a reason for report than promotion.

[AhmadM]

I also often find people who intentionally use my account username to follow the bounty.

Yeah, sometime you will find like that. They will use our username, profile link, and our work but filled wallet form with their wallet. So, they can get paid without hard work

[Johnzky]

That’s absolutely right mate.

The social media campaign is just a bread and butter of those greed accounts
And most of them are using fake friends.idont know why now this side of bounty gets more percentage of alotted profit,while others become lower.i agree on you that this must be stop