95% of Bounties Are Bullshit For Everyone Involved

[GermanGiant]

I think bounty for social campaigns is important marketing. That's one of the ways to promote the project via Twitter, media, Facebook, or Reddit. There are some bounty hunters who work honestly and sincerely, but there are also some who do multi accounts (scammers). I am among those who work honestly. That can be overcome with KYC. Because they have to fill in their personal data to claim the gift.

Social campaigns have only one usecase: project which they promote will be higher in google requests and nothing more, the most twitter and facebook participants have "follow back" friends and the aren't interested in retweets/reposts which participant makes.

Well, I want bounty hunters to use real accounts. Many bounty hunters used fake accounts. This step must be prevented, if from the start the project manager can choose correctly, many project managers only see the number of followers present. All stakeholders in the bounty must play an active role.

[various]

I do not completely agree with you, let's not forget that the cheapest way to advertise bounty campaigns. Normally, you need to pay thousands of dollars if you try to advertise on facebook or twitter. But in this way, you can make free advertising by paying a few dollars to tens of thousands of people.

[Golstrim]

I am agree with your statement, if I were ICO I wouldn't launch bounty. Fake followers is true, that's why i don't go in social bounties. As for signature, probably it is also worthless, but for me it is a way to earn some tokens for free,so why not? I am pleased to talk here, receive information about new ICOs and so on

[meloman4u]

I don't agree with you. Bounty hunters create a certain HYIP around the project. Investors pay attention to this. Moreover, the cost of bounty is not so big. Why give up very cheap advertising?

[Kseniya17]

I think that advertising in social networks is also a job, especially if there are many projects. This work is not as laborious as making a video or making a translation, but they pay for it accordingly! Therefore, everyone does his job and gets it!

[batang_bitcoin]

I do not completely agree with you, let's not forget that the cheapest way to advertise bounty campaigns.

Actually bounties aren't cheap way of advertising if the agreed payment would be in bitcoin/eth and other coins that are worth to hold.

But somehow its cheap because the bounty itself would pay you folks with their token/coin that doesn't have value in the first place. They are just trying their luck and will pay you something that will not come out of their pocket but with their investors money who would give value to their token.

[presduterte]

I don't agree with you. Bounty hunters create a certain HYIP around the project. Investors pay attention to this. Moreover, the cost of bounty is not so big. Why give up very cheap advertising?

First of all its spelled HYPE (HYIP is quite different), and investors who have any bit of sophistication don't pay attention to it because they know mindless bots have been employed to spamvertise an ICO. Yeah so basically most signature campaigners are just brainless billboards, and both sides of the relationship are cool with that. But with Facebook its far worse because bounty hunter profiles filled to the brim with fake friends are just posting into the void where nobody will ever actually see it.

Same goes for Twitter, and for the bloggers who just copy/paste the website onto a blog page that nobody will ever read.

Frankly I don't understand why there isn't more quality control by the ICOs. Maybe they are just using you to create volume for their coin/token and the value lies more in that activity than in your ability to actually advertise.

ps: I ranked up from newbie to member after like 4 months and don't even have a signature.

[pinoyden]

I am agree with your statement, if I were ICO I wouldn't launch bounty. Fake followers is true, that's why i don't go in social bounties. As for signature, probably it is also worthless, but for me it is a way to earn some tokens for free,so why not? I am pleased to talk here, receive information about new ICOs and so on

If all ico wont do bounty then how can you earn a token ?  You said you like to earn free tokens but you dont like the idea of bounties , that seem confusing to me .  anyway ,  sig campaigns and social media campaigns or bounties in general are not totally useless because it actually help the ico to gain massive attention and even fake accounts still help the promotion  .

The only main problem with bounties is that they dont pay on time and they are times that they arent paying at all due to some unkown reasons  . i dont know if they were just scam or the ico isnt just succeful  ..

[Diamante]

You are right about a social media bounty. Tons of spam, there are not good and constructive posts, dead followers etc. But i don't agree about a signature campaign. Many investors (big and small)  use this forum.
And if they see a large number of signatures, they can become interested. And it is potential investments for some project.

[Oilacris]

I do not completely agree with you, let's not forget that the cheapest way to advertise bounty campaigns.

Actually bounties aren't cheap way of advertising if the agreed payment would be in bitcoin/eth and other coins that are worth to hold.

But somehow its cheap because the bounty itself would pay you folks with their token/coin that doesn't have value in the first place. They are just trying their luck and will pay you something that will not come out of their pocket but with their investors money who would give value to their token.

I have seen some projects do pay outs BTC/ETH but only 1% on overall bounty programs and its just rare and I agree that they are just trying out their
luck for the coin to gain some value and they do assure themselves to accumulate funds and wont really use it. Bounty is part of the marketing but for those who market
out the project will always have the tendency not to be paid or would make their task or works to be wasted.

[CPN99]

in my opinion there are several actions that can be taken by a bounty manager, for example by limiting participants in terms of levels. I think the newbie account is not eligible to follow the bounty, at least to join the bounty must be jr.member. I see a lot of newbie accounts participating in social media, and we cannot deny that most of them are fake accounts.

[elitemobb]

I do not understand where you got so much negativity from the participants of the bounty companies? If you say, then you simply underestimate them as they make a significant contribution to the development of any project, and if you can’t understand it, then this is your opinion

[presduterte]

I do not understand where you got so much negativity from the participants of the bounty companies? If you say, then you simply underestimate them as they make a significant contribution to the development of any project, and if you can’t understand it, then this is your opinion

Because I had access to the website analytics of an ICO and I saw that for every 20 bounty participants they were driving maybe 1 hit to the ICO website per day.

This is because all the Facebook participants had fake friends and other bounty hunters, same thing with all the Twitter participants, and bitcointalk was driving _zero_ traffic. Bounty hunters just want as many tokens as possible without actually helping the ICO, which is why they are also hurting themselves, ensuring their tokens will be worthless.

[macstrong12]

Yes unfortunately that is true , most of them are scam and these days I don't really know which of them is going to hit its hard cap because of the market situation , I think bitcoin paying bounties are the best which is hard to find .

[mkmdoc]

It is our wish whether to participate in bounty or not but we have to check with the companies whether we are going to make a profit with the company because after promoting more than 3 months if we won't get any payment definitely it will hurt us a lot. So before joining anything, we have to research ourselves whether the company is reputable or not.

[jebul2]

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.

You are very right, with poor market conditions mostly used by fraudsters, who use gift programs to find free money, the more campaigns that I follow until now many are unpopular and also fraudulent, I am frustrated about this

[jrrsparkles]

Yes because 90% of crypto market is down at the moment so there is no wonders that ICOs are really in danger and not sure how long they are going to survive and in meanwhile the scammers have taken the advantage and stealing the investors money.

[CPN99]

I also feel very frustrated with the current conditions, I lost so much time working on the bounty but many of them did not pay, there were those who failed to reach the minimum sales limit, there were those who were constrained by regulations in their country, there were also arrived - arrived disappearing somewhere. perhaps the current market conditions also influence it all. be patient.

[ice18]

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.

Lol I think your completely wrong on your statements here, where did you find records saying that hunters end up 0 traffic to the ico website?Is it based from reliable statistics or just pure opinion from you? I will give you one example of a bounty site with this complete traffic statistics here it is: https://www.similarweb.com/website/eosex.com#referrals  see it for yourself records dont lie, you just want to discredit bounty hunters but actually its the most effective yet very cheap way to advertise an ICO.       

[jack1111]

If bounty is not useful for ICOs, we will not see these number of bounty campaigns that appear everyday. ICO projects might need to pay more if they want to promote their projects in other ways, they also might need to pay in USD because marketing agencies do not accept a token that do not have guranteed price.