Concerning the future of bounty programs

[yulchatar]

I also still work in bounty campaigns. And I also have quite a lot of experience in this business, both good and bad. So there are some useless tokens in my wallet. But I still think that now we need to wait a bit and soon our work will be like in former times.

[mainthread]

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 totally agree with you. I'd like to believe that some of the projects will be able to survive and their coins will go up in price. Most likely it will take several years. Even if the projects launch a good product, the price of their coins will not grow due to the bad market situation. We need new investments ...

[bitcoinmar]

I think this way, the market is still in the bear market. Project teams know this and they are postponing their ICO, waiting for the market to enter the next phase. They will still need a bounty hunter, and investors who believe in their project will still invest in them.

[cryptobull3]

I am agree with you and it is unfortunate , it is sad to confess it but lets face with the truth , But i think it is still the best way to make money out of cryptocurrency rather than trading or mining in this bearish market , What are your suggestions then ? do you know any better way to make money out of cryptocurrency?

[Ultimist]

Yes, this drop will certainly affect the ICO and bounty programs. After the success of crypto in 2017 were joined by a lot of people and bounty was overflowing. Accordingly, this has led to a decrease in the quality of work and also to a decrease in remuneration. So I think that in 2019 there will be big changes and participation in the bounty will not be as easy as it is now.

[Mypanara19]

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 just had one bounty campaign where in the team had already decided to cancel the scheduled public tokensale and they will offer rebates to all of their contributors. They stated the clear reason for their decision and it's because of the downtrend in crypto market that had affect the progress of the project. It is truly sad on my part as a bounty hunter but it is understandable as well. As for me I am still thankful that even if I don't get paid with my effort and time spent doing the campaign, no harm done with me and I still I chose to be more optimistic than to stress myself because there are things and instances that we cannot control.

[Lisa110386]

I think any one who's participating in any bounty especially in this times, should have it at the back of their minds that there's a very probability it might turn out to be a waste of time and effort. This is because the longer this current market shrink lingers, the more it becomes impossible for ICOs to survive, and as such, even when you get paid, they're worthless.

I fully agree with that. When we start participating in the bounty campaign, we need to know that there is always a possibility that the project will be a Scam or simply will not be able to collect softcap. Yes, bounty is a lottery. But I think that the end of the bounty has not yet come, and among the many useless campaigns you can find something important.

[andor.gellenhidi]

I think this way, the market is still in the bear market. Project teams know this and they are postponing their ICO, waiting for the market to enter the next phase. They will still need a bounty hunter, and investors who believe in their project will still invest in them.

Yes, this is indeed the main problem of today's ICOs, who constantly extend the deadlines for their fees. Unfortunately, this will continue for a very long time, but maybe some projects will more understand how much money they need.

[baeva2]

The constant fall of the market lower and lower is very disappointing. Participation in bounty projects has become a very unprofitable job for which you do not receive any reward or get deception. Patience ends-I want to throw everything.

[adzino]

I am agree with you and it is unfortunate , it is sad to confess it but lets face with the truth , But i think it is still the best way to make money out of cryptocurrency rather than trading or mining in this bearish market , What are your suggestions then ? do you know any better way to make money out of cryptocurrency?

You really think this is the best way? You do know that there are other ways to earn crypto currencies other than joining bounty programs, right? You won't be calling this the best way when you after spending months on  a project end up getting just few dollars.
Instead of spending your time on those, you can learn something and then sell your skills to earn bitcoins. It is more productive and efficient way and you will also be developing your skills.

[dumplingsandsushi]

Adapt to the reality of the market.
Spend less time bounty hunting or quit it all together.
Participate in the crypto market in more profitable and time worthy ways.

if you started the bounty hunter life anytime this year, you are late.
2017 was the golden age, if it took you a whole year later to get in, then you are already in a losing situation.
This is why the people who make the most money are active, innovative investors.
Not just people who follow trends and fomo.
And if you are one of those who actually quit your job to do bounty hunting, I hope you realize your mistake soon and get back to working.
Active investment is the way to go in a collapsing market, not hodling or trying to get free scraps.

[pinoy.bolanon]

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 agree on your statement, but I think still bounty continue whatever happens to the market whether it will crash or not, bounty is meant in order to spread awareness to the community.

[bisdak40]

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.

Got a lot of tokens on my wallet with no value at all and i am keeping it in the hope that one day it will became alive and give me some fortune but as i understand more about crypto and ICO i doubt it will be useful to me.

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.

That's the principle or main characteristic of crypto, being decentralized, it have it's own pros and cons. I, personally still believe that crypto will bounce back and still believe on it's principle. Bounty hunting and crypto maybe gone but crypto will prosper and will be adapted by many in the future.

[jumail]

This ugly market trend does impact on Ico and the bounty. Many Ico is extended because the target is not achieved, as a result, bounty also experiences the same thing. Many bounties are extended, rewards are deducted, locked tokens, listing delays, etc. All that remains is hope that this bad season will end soon. Join ico, the risk is getting bigger, but join bounty is still worth following even though you have to be patient for many things.

[freya louis]

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. 

My opinion is true. I am sad when I read your post. I experienced what you experienced. Sometimes I think about stopping being a bounty hunter and going to take a break until the price returns to normal and the market improves. Even though I tried to find a good project, but still I failed to receive payments caused by the problem you said earlier.

[judeafante]

This will not always the scenario, the market goes up and down, I agree that bounty hunters is bad business now but ICO is here to stay and so do the bounty hunters once the market is up again, the business will be on boom again, we only need to get rid of these scams ICO.

[nemey]

As the bounty hunter, I personally feels so dropped facing this situation. I know many people feel this, feel sad and bad after working some months and then many bounty programs are extended 3 months with the similar token allocation. It's fully sad. But seeing from the ICO projects, they may also feel bad to allocate more rewards to the bounty because they also feel very difficult to gain the investor. That is why, we cannot do anything more.

[jhonjhon]

As the bounty hunter, I personally feels so dropped facing this situation. I know many people feel this, feel sad and bad after working some months and then many bounty programs are extended 3 months with the similar token allocation. It's fully sad. But seeing from the ICO projects, they may also feel bad to allocate more rewards to the bounty because they also feel very difficult to gain the investor. That is why, we cannot do anything more.

We mostly loose our confidence in participating ICO cause mostly ICO's today never provide assurance of being paid after ICO finished. They fought hard in order to gain trust from investors but somehow isn't enough to start the project that they could decide to an extension of their selling period or they just stop their ICO and pay nothing to the participants.

[bartusv]

The market is as it is and we as bounty hunters are part of it. This situation does not favor the start ups and many project launching
are rescheduled, delayed or postponed. The price of the new coins is crashing in most of the situation when they enter the exchanges.
But, we have to take this situation as business as usual as it is a normal market cycle and deal with it. Bounties will stay but the form
may change as ICOs  has to adopt to the market conditions and so do we as well.

[jcarlo]

I think this condition will not last forever. Many good projet that have good prospect and good product we can join. Its true market condition is not good and many ICOs not reach their target but there is ICOs can reach the target. I think bounty will keep exist because we helping to promote their ICOs and make more success