cheezcarls (OP)
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February 08, 2019, 12:44:31 PM Last edit: February 08, 2019, 06:06:11 PM by cheezcarls Merited by Mike Mayor (6), Astvile (2), wantjokull (2), Yaunfitda (1), Minor Miner (1), inanilujimi (1), 0t3p0t (1), aceptamosbitcoin (1), johanesrobin (1), wedosgibas (1), bananaunana (1), r_f_n (1) |
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To all crypto bounty hunters who can hardly relate:
Situation: ICO started their main sale and will last 2 months and offers bounty program. ICO price was $0.5. Bounty Hunter: I will join their signature campaign! Let’s do this!
After 1 month....
Admin: We decided to pause the campaign because our legal advisor suggests for our product to be fully compliant with the country’s regulations. Bounty Hunter: (facepalm)
After 1 month....
Admin: Good news bounty hunters! We will now resume our bounty campaign. Since ICO was extended for a month, the same goes to our bounty campaign. Happy bounty hunting! Bounty Hunter: Yippee!!!
After 1 month (one day before the ICO ends)....
Admin edits the ICO countdown timer and replied: Due to overwhelming demand, we decided to extend the ICO to another 2 months! Bounty Hunter: Whaaaaat??? (But decides to continue the signature campaign).
After 2 months....
Admin: Congrats bounty hunters! Our ICO is successful! Here’s the final spreadsheet! Bounty hunter looks at the spreadsheet and replied: 1,000 stakes for me! Yippee! I’m excited for my tokens to be distributed. Admin: Good for you! We will distribute the tokens within 2 weeks! Bounty Hunter: All right! My hardwork finally pays off in 2 weeks! Can’t wait!
After 2 weeks....
Admin: I received an advise from our legal advisor that bounty hunters must complete KYC process. Since we have an influx of bounty hunters, approving your KYC might take days to weeks. Bounty Hunter: (sigh) Oh well, it’s better than nothing. I’ll just do it anyway. (Logs in to site and submits KYC verification).
After 3 weeks....
Bounty Hunter receives an email that his KYC was approved and was excited, however..... Admin: We would like to congratulate those bounty hunters who have passed their KYC. Unfortunately, we had a meeting with the development team. It has come to a conclusion that our team voted for bounty hunter tokens to be locked and will be distributed after 6 months to avoid massive dumping in the exchange. Bounty Hunter: Admin I HATE YOU!!!!
After 6 months....
Admin: Bounty hunter tokens are now unlocked. You can now transfer your tokens from the dashboard to your ETH wallet. Thank you!
Bounty hunter transfers his tokens to his ETH wallet. After successfully transferred, he goes to Etherdelta exchange where he can trade his token to BTC or ETH. Unfortunately, the token’s buying orders are empty. Only selling orders appear with the lowest bid at $0.001 per token.
Bounty hunter: F*** you admin!!!!! My efforts are wasted coz’ they’re worth shitcoins!!!! Admin: (blocks bounty hunter from Telegram channel).
Trust me guys, I’ve been here before. Are you too? 😂🤣😅
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Minor Miner
Legendary
Offline
Activity: 2464
Merit: 1020
Be A Digital Miner
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February 08, 2019, 01:18:34 PM |
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Take my merit, dude It's just a wonderful, the most exact, widespread, short and true story about an average bounty campaign. I experienced it a few times in the beginning of 2018 and I've decided to quit for a while. We'll see what we'll get now in 2019))
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Dodoymabs
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February 08, 2019, 01:26:04 PM |
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Definitely true, I really do experience that moment which I consider myself to only go for a luck. Knowing all the blah3x front the team which is obviously only attracting investors. Well, we know from the start that joining in an ICO really involves a very high risk kind of business and I think investors definitely know it.
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Awoben
Jr. Member
Offline
Activity: 236
Merit: 3
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February 08, 2019, 01:28:12 PM |
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Wow, exactly the way it does plan out, bounties in most cases are not worth the stress now. They keep blaming bounty hunters for dumping a project, why won't they dump when they are treated badly. Respect for this write up.
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Yaunfitda
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February 08, 2019, 01:35:33 PM |
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Yes, this is very true and I can relate to it. In conclusion, all our hard work its gone specially if you think that you have a lot of stakes and the price should be as close at the ICO price mentioned before you joining.
But sadly, it's useless, no value at all and all your hard work and waiting went off the window. Right now this is the sad state of most bounty hunters, that's why I decided to quit bounty hunting for now.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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peter0425
Sr. Member
Offline
Activity: 2828
Merit: 458
Vave.com - Crypto Casino
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February 08, 2019, 01:40:41 PM |
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I don't have merit to give, but I say that I can also relate with what the OP has says. I guess it's not really cool to be bounty hunters right now specially how long those projects are paying and the stress it can give you when the price suddenly drops without you noticing it. I think this is the side effect of the bearish trend and I do hope that we can overcome and let bounty hunting be fruitful again.
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OluwaTosin10
Jr. Member
Offline
Activity: 546
Merit: 4
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February 08, 2019, 01:45:30 PM |
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An absolute true and precise analysis of the bounty campaign in 2018, for me, most especially with the medichain campaign. it is becoming a long and long wait for me.
I hope bounty programs this year, offers something different.
and one thing; you forgot to add, bounty hunter has to complete AML procedure too lol
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ivaf
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February 08, 2019, 02:12:25 PM |
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Well written, dude! I neighing from the heart! Yes, indeed, the last time everything is happening like this. For almost the whole of 2018, I could not get anything for the signature (postponement, cancellation of the project, etc.).
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aceptamosbitcoin
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February 08, 2019, 02:18:20 PM |
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Take a merit from me too ))) You OP is the sad true about 90% or more of the campaigns and ICOs in 2018. Let's hope that the trend will change for this year...
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martin1221
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February 08, 2019, 02:20:32 PM |
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Good report. I can personally relate to this as I been a very avid bounty campaign participant. It is frustrating that after all those hard work you exerted in a bounty campaign, you realized you won't be receiving rewards. That is why I have limited myself in joining bounty and concentrated in a more rewarding crypto activity like trading.
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kindbtc
Member
Offline
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
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February 08, 2019, 02:22:39 PM |
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Yeah i have experienced the same especially last year or so has been exactly like this for most of the campaigns and i think it is unethical because teams are just exploiting the bounty hunters i have even seen bounty hunters being insulted by the team members after the ico and bounty campiagn is over which is condemnable act.
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novusordo
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February 08, 2019, 02:25:02 PM |
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To all crypto bounty hunters who can hardly relate:
Situation: ICO started their main sale and will last 2 months and offers bounty program. ICO price was $0.5. Bounty Hunter: I will join their signature campaign! Let’s do this!
After 1 month....
Admin: We decided to pause the campaign because our legal advisor suggests for our product to be fully compliant with the country’s regulations. Bounty Hunter: (facepalm)
After 1 month....
Admin: Good news bounty hunters! We will now resume our bounty campaign. Since ICO was extended for a month, the same goes to our bounty campaign. Happy bounty hunting! Bounty Hunter: Yippee!!!
After 1 month (one day before the ICO ends)....
Admin edits the ICO countdown timer and replied: Due to overwhelming demand, we decided to extend the ICO to another 2 months! Bounty Hunter: Whaaaaat??? (But decides to continue the signature campaign).
After 2 months....
Admin: Congrats bounty hunters! Our ICO is successful! Here’s the final spreadsheet! Bounty hunter looks at the spreadsheet and replied: 1,000 stakes for me! Yippee! I’m excited for my tokens to be distributed. Admin: Good for you! We will distribute the tokens within 2 weeks! Bounty Hunter: All right! My hardwork finally pays off in 2 weeks! Can’t wait!
After 2 weeks....
Admin: I received an advise from our legal advisor that bounty hunters must complete KYC process. Since we have an influx of bounty hunters, approving your KYC might take days to weeks. Bounty Hunter: (sigh) Oh well, it’s better than nothing. I’ll just do it anyway. (Logs in to site and submits KYC verification).
After 3 weeks....
Bounty Hunter receives an email that his KYC was approved and was excited, however..... Admin: We would like to congratulate those bounty hunters who have passed their KYC. Unfortunately, we had a meeting with the development team. It has come to a conclusion that our team voted for bounty hunter tokens to be locked and will be distributed after 6 months to avoid massive dumping in the exchange. Bounty Hunter: Admin I HATE YOU!!!!
After 6 months....
Admin: Bounty hunter tokens are now unlocked. You can now transfer your tokens from the dashboard to your ETH wallet. Thank you!
Bounty hunter transfers his tokens to his ETH wallet. After successfully transferred, he goes to Etherdelta exchange where he can trade his token to BTC or ETH. Unfortunately, the token’s buying orders are empty. Only selling orders appear with the lowest bid at $0.001 per token.
Bounty hunter: F*** you admin!!!!! My efforts are wasted coz’ they’re worth shitcoins!!!! Admin: (blocks bounty hunter from Telegram channel).
Trust me guys, I’ve been here before. Are you too? 😂🤣😅
This is a true and exciting story for bounty hunters. I went through all the stages in your story, and I feel funny instead of angry again. I think the newbie after reading this story will give up participating in new campaigns
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maaldaz
Member
Offline
Activity: 420
Merit: 10
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February 08, 2019, 02:29:39 PM |
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To all crypto bounty hunters who can hardly relate:
Situation: ICO started their main sale and will last 2 months and offers bounty program. ICO price was $0.5. Bounty Hunter: I will join their signature campaign! Let’s do this!
After 1 month....
Admin: We decided to pause the campaign because our legal advisor suggests for our product to be fully compliant with the country’s regulations. Bounty Hunter: (facepalm)
After 1 month....
Admin: Good news bounty hunters! We will now resume our bounty campaign. Since ICO was extended for a month, the same goes to our bounty campaign. Happy bounty hunting! Bounty Hunter: Yippee!!!
After 1 month (one day before the ICO ends)....
Admin edits the ICO countdown timer and replied: Due to overwhelming demand, we decided to extend the ICO to another 2 months! Bounty Hunter: Whaaaaat??? (But decides to continue the signature campaign).
After 2 months....
Admin: Congrats bounty hunters! Our ICO is successful! Here’s the final spreadsheet! Bounty hunter looks at the spreadsheet and replied: 1,000 stakes for me! Yippee! I’m excited for my tokens to be distributed. Admin: Good for you! We will distribute the tokens within 2 weeks! Bounty Hunter: All right! My hardwork finally pays off in 2 weeks! Can’t wait!
After 2 weeks....
Admin: I received an advise from our legal advisor that bounty hunters must complete KYC process. Since we have an influx of bounty hunters, approving your KYC might take days to weeks. Bounty Hunter: (sigh) Oh well, it’s better than nothing. I’ll just do it anyway. (Logs in to site and submits KYC verification).
After 3 weeks....
Bounty Hunter receives an email that his KYC was approved and was excited, however..... Admin: We would like to congratulate those bounty hunters who have passed their KYC. Unfortunately, we had a meeting with the development team. It has come to a conclusion that our team voted for bounty hunter tokens to be locked and will be distributed after 6 months to avoid massive dumping in the exchange. Bounty Hunter: Admin I HATE YOU!!!!
After 6 months....
Admin: Bounty hunter tokens are now unlocked. You can now transfer your tokens from the dashboard to your ETH wallet. Thank you!
Bounty hunter transfers his tokens to his ETH wallet. After successfully transferred, he goes to Etherdelta exchange where he can trade his token to BTC or ETH. Unfortunately, the token’s buying orders are empty. Only selling orders appear with the lowest bid at $0.001 per token.
Bounty hunter: F*** you admin!!!!! My efforts are wasted coz’ they’re worth shitcoins!!!! Admin: (blocks bounty hunter from Telegram channel).
Trust me guys, I’ve been here before. Are you too? 😂🤣😅
I really believe many bounty hunter has ever experience this kind of thing. I had ever experience too. it's truly painful, but i have to forget about it and move forward, regretting things won't solve any problem, i prefer to focus on what in the future.
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pundit
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February 08, 2019, 02:30:58 PM |
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This is true story for most of the ICOs now a days, they keep on extending their token sales date as many ICOs are not able to reach even softcap within a given time frame.Investors are not investing in ICOs due to lots of scams, after launch on an exchange prices of most of the tokens decreases rapidly now a days even when bounty tokens are not distributed. Bounty hunters need to study project whitepaper thoroughly before joining any project, only a good project can payoff good amount.
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izzy13
Jr. Member
Offline
Activity: 225
Merit: 1
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February 08, 2019, 02:56:28 PM |
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That's why i quit from bounty activities few months ago. I understand that the situation is not so ideal for everyone but i just demand that our rights to be fullfilled as we fullfilled our tasks. Please dear developers, be fair. Everytime you pending the payment to the people who helped you promote your project, you just killed your project and your own credibilities. It would be a lot better if u pay in btc, eth, or other coins if you can't put your own on. Whatever your efforts but just be respectful upon the efforts people did to you.
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Goodvalony
Member
Offline
Activity: 616
Merit: 16
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February 08, 2019, 03:11:11 PM |
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Wow, exactly the way it does plan out, bounties in most cases are not worth the stress now. They keep blaming bounty hunters for dumping a project, why won't they dump when they are treated badly. Respect for this write up.
Let me make it clear to you. Never ever believe that tokens are been dump by bounty hunters and airdrop owners. it is a big fact lie.
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Twinkledoe
Full Member
Offline
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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February 08, 2019, 03:21:26 PM |
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That's why i quit from bounty activities few months ago. I understand that the situation is not so ideal for everyone but i just demand that our rights to be fullfilled as we fullfilled our tasks. Please dear developers, be fair. Everytime you pending the payment to the people who helped you promote your project, you just killed your project and your own credibilities. It would be a lot better if u pay in btc, eth, or other coins if you can't put your own on. Whatever your efforts but just be respectful upon the efforts people did to you.
Most of the time, they don't care about the welfare of the bounty hunters. It is also the reason why I stopped joining those programs. Up until now, I have eth tokens sitting in my MEW, without any of value at the moment. One perfect example in my case, joined for a sig campaign for 22 weeks last year (don't want to mention the project) and now I can't sell the tokens that I received because it's worthless. I will pay the gas fee for getting not even $2 . . That's terrible! Better earn a lil bit, at least you know you have something at hand at the end of the week. I hope people will stop joining such campaigns because these projects made us fool of ourselves.
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cryptogeek101
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February 08, 2019, 03:31:50 PM |
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To all crypto bounty hunters who can hardly relate:
Situation: ICO started their main sale and will last 2 months and offers bounty program. ICO price was $0.5. Bounty Hunter: I will join their signature campaign! Let’s do this!
After 1 month....
Admin: We decided to pause the campaign because our legal advisor suggests for our product to be fully compliant with the country’s regulations. Bounty Hunter: (facepalm)
After 1 month....
Admin: Good news bounty hunters! We will now resume our bounty campaign. Since ICO was extended for a month, the same goes to our bounty campaign. Happy bounty hunting! Bounty Hunter: Yippee!!!
After 1 month (one day before the ICO ends)....
Admin edits the ICO countdown timer and replied: Due to overwhelming demand, we decided to extend the ICO to another 2 months! Bounty Hunter: Whaaaaat??? (But decides to continue the signature campaign).
After 2 months....
Admin: Congrats bounty hunters! Our ICO is successful! Here’s the final spreadsheet! Bounty hunter looks at the spreadsheet and replied: 1,000 stakes for me! Yippee! I’m excited for my tokens to be distributed. Admin: Good for you! We will distribute the tokens within 2 weeks! Bounty Hunter: All right! My hardwork finally pays off in 2 weeks! Can’t wait!
After 2 weeks....
Admin: I received an advise from our legal advisor that bounty hunters must complete KYC process. Since we have an influx of bounty hunters, approving your KYC might take days to weeks. Bounty Hunter: (sigh) Oh well, it’s better than nothing. I’ll just do it anyway. (Logs in to site and submits KYC verification).
After 3 weeks....
Bounty Hunter receives an email that his KYC was approved and was excited, however..... Admin: We would like to congratulate those bounty hunters who have passed their KYC. Unfortunately, we had a meeting with the development team. It has come to a conclusion that our team voted for bounty hunter tokens to be locked and will be distributed after 6 months to avoid massive dumping in the exchange. Bounty Hunter: Admin I HATE YOU!!!!
After 6 months....
Admin: Bounty hunter tokens are now unlocked. You can now transfer your tokens from the dashboard to your ETH wallet. Thank you!
Bounty hunter transfers his tokens to his ETH wallet. After successfully transferred, he goes to Etherdelta exchange where he can trade his token to BTC or ETH. Unfortunately, the token’s buying orders are empty. Only selling orders appear with the lowest bid at $0.001 per token.
Bounty hunter: F*** you admin!!!!! My efforts are wasted coz’ they’re worth shitcoins!!!! Admin: (blocks bounty hunter from Telegram channel).
Trust me guys, I’ve been here before. Are you too? 😂🤣😅
Hahaha, that's exactly what bounty hunters are experiencing in the cryptocurrency sphere,sometimes even when the token is trading a good price in an exchange bounty hunters tokens will be locked for sometimes to be release when the price is down.Too bad!
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meanwords
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February 08, 2019, 03:32:38 PM |
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I've been there and it is so frustrating. It just shows how powerless bounty hunters are. Those projects are getting free advertisement by paying us tokens that don't have any value that they've created from the air at all. The humor here is good mate. Super relatable.
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kaito.
Member
Offline
Activity: 336
Merit: 11
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February 08, 2019, 03:39:04 PM |
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dude i read your whole story and can't stop laughing, it's a true fact that all of thoose happened to mostly hunter here and i was one of them, after a few month waiting then they said token will be distributed every three month and it was 4 phase so 1 year in total. and it's like you said the token become worthless when it come to my wallet. to prevent this from hapening BM should clarify to ICO dev about KYC is it needed for hunter or not and if needed then made it in the start of bounty. also budget for bounty hunter must be put on trusted escrow agent and be released after bounty finished.
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