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Author Topic: Concerning the future of bounty programs  (Read 29385 times)
JCviggen
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December 19, 2018, 09:09:50 AM
 #141

If the project was able to collect soft cap in such a market, you know what will happen to it when the bullish phase comes and everything will fly up. Such a project will show X10 as a minimum, which is the Grail for bounty hunters.
It is very important now to find such projects. in such a market a soft cap is collected by 1 from 10. and as a rule, we will know this when the project is already completing a bounty campaign

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December 19, 2018, 09:25:34 AM
 #142

Thanks to god my bounty is ending this month. It was a signature running for 7 months, can't believe! They didn't finish private sale yet!
I lost opportunities to gain money during this year
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December 19, 2018, 09:48:47 AM
Last edit: December 19, 2018, 10:04:27 AM by Iykecollinz
 #143

It is a very serious situation and period we have found ourselves in, A lot of persons had anticipated we would have a repeat of last year's event in crypto which. For bounty hunters, we have come to terms with the harsh realities and hope to make the best out of it. Crypto will never be down forever. Onku the projects that are able to survive now will pull through when the bull market returns

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December 19, 2018, 09:49:43 AM
 #144

Market downturn is probably one of the main reasons why ICO projects can't last long and joining their bounty program is useless and a time waster. Due to the fact that the market goes into nosedive, ICOs are forced to cash out some funds in order to survive. However, it is not enough which is why some of them decide to cancel their ICOs and return the funds of the investors. It means if you have promoted their ICO way back then as a bounty hunter, your time and effort was put to waste. You might be given tokens, but dormant and unusable.

Been there, done that. I have experienced a lot as a bounty hunter in which all of my hardwork (even some stakes are average to high, sometimes low) was put to waste because of their sudden cancellations, closure of their ICOs, and the worst part is that when we fall of those programs with fake team or so, they would run away with the investors' funds and our reputation would be affected due to promoting them on social media or so.

On top of that, most of their tokens are going downhill the day they started integrating themselves in centralised or decentralised exchanges. Even if they choose to lock it on a certain period of time, it's definitely no use because they're still affected by the dump in which everything is unregulated and uncontrolled.

The future of ICOs and bounty programs are at stake due to the market downturn, and it goes even deeper than that. It looks like it'll take years for us to see the bull run, or maybe no chance at all.

If you are participating in any ICOs or joining as bounty hunters, what do you think about this? Let me hear your opinion on this guys! Thank you. 

It's true that most projects had failed and some who succeed had slowed down on their development due to lack of funds. However, as we all know the bear market had started since the beginning of the year and the situation is getting worst. The best thing we can do now as a bounty hunter is just to keep joining and accumulate as much bounties as we can. If you can join good projects, just hold and wait for the market recovery. All will be worth it.

Well, that is the most safest way to be in the cryptocurrency space for bounty hunters. Trading your coins or selling it in a very low price is not good and we've just dumped the price of the token that we've had.

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December 19, 2018, 09:59:25 AM
 #145

I totally agree to what you said because I also experienced that as a bounty hunter for almost 1 year now! It is really a waste of time to join the bounty in many ICO projects due to market downfall since 2018 started. Even though you research a lot about the project, it wont guarantee that you participated in a good one. Lesson learned for all bounty hunters.
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December 19, 2018, 10:04:10 AM
 #146

So right that market condition is affecting ICO/bounty programs presently ,my opinion is why can't dev stop ICO till market make a come back ? Why go ahead with the bounties? If market condition is what affects them that much they should just stop launching ICOs for now at least .
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December 19, 2018, 02:10:55 PM
 #147

Now there is practically no profit from participation in the company of bounty, it has become almost a hobby. If this continues in the future, many will abandon participation in them.
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December 19, 2018, 05:22:38 PM
 #148

At the beginning of the year I predicted that bounties wwould end by the end of 2018 and I was right. The only thing I couldn't predicted is that market has dropped too much and bounties for last 4 months weren't profitable. I expected that I could gain a profit till the end of year, but it is not so unfortunately
That is, it turns out that you say that in 2018 will be the last year when ICO hunter projects so that they can really promote projects? I just do not quite understand what to do now to earn? It turns out there is only investment and trading?
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December 19, 2018, 08:04:56 PM
 #149

Most of the projects now are having a hard time getting enough funds in their ICO's. And also the price of eth is a big blow to ICO's and many of them haven't reach the soft cap yet even they already have raised thousands of eth. They should have ask their investor to make an investment in fiat as it will not be affected by the crypto market slump.
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December 19, 2018, 11:35:14 PM
 #150

Most of the projects now are having a hard time getting enough funds in their ICO's. And also the price of eth is a big blow to ICO's and many of them haven't reach the soft cap yet even they already have raised thousands of eth. They should have ask their investor to make an investment in fiat as it will not be affected by the crypto market slump.
Yes, the current down trend of the market affected the level of ICOs investment but some ICOs which the team seems to be smart are now accepting stable coins instead ETH or BTC  and I also see the stable coins as the perfect solution instead of ICO owner asking their investors to make investment in fiat as you said.

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December 20, 2018, 06:52:47 PM
 #151

Most of the projects now are having a hard time getting enough funds in their ICO's. And also the price of eth is a big blow to ICO's and many of them haven't reach the soft cap yet even they already have raised thousands of eth. They should have ask their investor to make an investment in fiat as it will not be affected by the crypto market slump.
In general, the correct opinion, or at least invest in the USDT, because this project today is a stable project. It seems to me that today it really makes sense to conduct ICO with the collection of USDT tokens because these tokens today do not fall in price.
cryptogeek101
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December 20, 2018, 07:04:24 PM
 #152

Market downturn is probably one of the main reasons why ICO projects can't last long and joining their bounty program is useless and a time waster. Due to the fact that the market goes into nosedive, ICOs are forced to cash out some funds in order to survive. However, it is not enough which is why some of them decide to cancel their ICOs and return the funds of the investors. It means if you have promoted their ICO way back then as a bounty hunter, your time and effort was put to waste. You might be given tokens, but dormant and unusable.

Been there, done that. I have experienced a lot as a bounty hunter in which all of my hardwork (even some stakes are average to high, sometimes low) was put to waste because of their sudden cancellations, closure of their ICOs, and the worst part is that when we fall of those programs with fake team or so, they would run away with the investors' funds and our reputation would be affected due to promoting them on social media or so.

On top of that, most of their tokens are going downhill the day they started integrating themselves in centralised or decentralised exchanges. Even if they choose to lock it on a certain period of time, it's definitely no use because they're still affected by the dump in which everything is unregulated and uncontrolled.

The future of ICOs and bounty programs are at stake due to the market downturn, and it goes even deeper than that. It looks like it'll take years for us to see the bull run, or maybe no chance at all.

If you are participating in any ICOs or joining as bounty hunters, what do you think about this? Let me hear your opinion on this guys! Thank you. 

I think what you are saying might have some elements of truth but not all true, the future of cryptocurrency is not really at stake but very bright because of the intrinsic benefits associated with blockchain technology, so let us be hopeful and think of the way forward ,not to lose faith in the crypto world.

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December 20, 2018, 07:08:52 PM
 #153

reward programs will continue to exist. do not doubt it and continue to participate in all this

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December 20, 2018, 07:10:47 PM
 #154

Well, there is risk involved with the work being done by bounty hunters, but then its the crypto world, even the investors are facing alot of risk. So its better to loose payment of work then to loose the original investment. And i believe once the market gets stable which it is now, then the bounty hunters would be rewarded accordingly.

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December 20, 2018, 07:14:26 PM
 #155

I see no prospects in all this. it seems to me that they will be replaced by something completely different which will be much more effective

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December 20, 2018, 07:38:22 PM
 #156

You are right, the situation with participation in the bounty campaigns and the earnings in them is really frustrating, but all this is due to the general market situation. Now there are very few projects carried out by ICO, respectively, end  the choice of bounty campaigns is small. I very much hope that the market will recover as soon as possible and the situation with bounty campaigns will also improve.

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December 20, 2018, 08:10:10 PM
 #157

The market hits all companies,  both pre-ICO and post.

Bounties are no exceptions, also less people follow the market, so less people take part in bounties.
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December 20, 2018, 08:32:28 PM
 #158

Things are really not going on as expected, you work for several weeks and you don't really get your reward and the outcome of your work. But i think that should not deter you, as hunters in the lean season it will be good if you get enough tokens as possible for the future.
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December 20, 2018, 08:58:46 PM
 #159

The point is not that there is a decline in the market, but a decline in confidence, as now people can invest in ICO. In addition, those ICOS that are held now, if they collect even a third of the amount from the hard cap in Bitcoins or Ethereum, then in half a year, when the cryptocurrencies grow, they will be able to afford more.

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December 20, 2018, 09:26:33 PM
 #160

The future of bounty programs directly depends on whether the bull run is coming soon or not. If it happens, then the projects will again be able to collect money because people will again start investing in the crypto market with a new power, if this does not happen, a rather sad scenario awaits us.
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