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Author Topic: Bounty campaign is becoming absolutely useless.  (Read 1298 times)
semobo
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February 09, 2019, 11:52:35 AM
 #21

Social media bounty campaigns right? Even if all the accounts were legit the chances of getting more traffic is minimum because what do you think about how many of your friends knkws about cryptos and hiw many of them want to invest money on new projects,it will be bery very less tho.That is why they are having low allocation in the total bounty pool.
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February 09, 2019, 03:50:37 PM
 #22

Everyone will find many ways to get the profit he wants. They do not care about the risks that they will face, they only focus on their willingness and it is associated with capital issued. One side of this forum needs a cleanup, I mean it needs cleaning from some spammers, shitposter or those who have many alt accounts.

Indeed, every time this forum make a new rule is tightened and I think it will succeed in reducing the above problems, nonetheless they will never keep silent to find a way to deceive the new rules. I guess every bounty campaign manager must have a maximum limit for participants on each project, for example, he only limits 100 people per project, and for the participant who will be accept they should do a video call to monitor multiple accounts.

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February 09, 2019, 03:55:34 PM
 #23

This is why my content rewards are taken by most of the scammers and also true bounty hunters feel the real pain when paid less rewards
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February 09, 2019, 03:56:33 PM
 #24

Indeed, every time this forum make a new rule is tightened and I think it will succeed in reducing the above problems, nonetheless they will never keep silent to find a way to deceive the new rules. I guess every bounty campaign manager must have a maximum limit for participants on each project, for example, he only limits 100 people per project, and for the participant who will be accept they should do a video call to monitor multiple accounts.
Asking for video call doing bounties? Good idea to eliminate altaccounts but it is against the anonymity.

I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.

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February 09, 2019, 07:25:59 PM
 #25

If that is how people buy twitter followers in other to be able to participate in bounties campaigns then the projects owners will only have little benefits from the bounty.  I know of telegram bots and many followers can also be purchased through that.  I believe that this has affected icos market and maybe that is why some projects really lack funding.  Some of us that has been in this cryptocurrencies system for long are seeing the difference of then when bounty was bounty and now when good projects are not been able to rise funds for the development of the projects.
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February 10, 2019, 04:32:52 AM
 #26

Asking for video call doing bounties? Good idea to eliminate altaccounts but it is against the anonymity.

I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.

In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all. They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.

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shoreno
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February 10, 2019, 08:40:56 AM
 #27

In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all.

no i dont think so .  bounty manager is just like bounty hunter . they only both care about the money  . they even not care if the bounty is scam or not as long as they are being paid , its not really a big deal for them  .


They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.

little work huh ?  hell no . doing a bounty is not a piece of cake . its hard to post for 3 and more months without assurance if you will going to get paid or not .  thats the maine reason why they get angry if ever the project becames a failure
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February 10, 2019, 09:09:20 AM
 #28

In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all.

no i dont think so .  bounty manager is just like bounty hunter . they only both care about the money  . they even not care if the bounty is scam or not as long as they are being paid , its not really a big deal for them  .

That's exactly what I just said. Except I added that they only care about the money so much that they don't care if the ICO flops or not, which ironically effects their earnings.

They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.

little work huh ?  hell no . doing a bounty is not a piece of cake . its hard to post for 3 and more months without assurance if you will going to get paid or not .  thats the maine reason why they get angry if ever the project becames a failure

Don't post then. Nobody will miss you. You're only clogging up the forum with spam that nobody wants to see. There's a reason why you haven't earned a single merit since the introduction of the merit system.

Your name also sounds suspiciously like that of a well-respected member of this forum.

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February 10, 2019, 11:03:24 AM
 #29

I think it is much more better to allow only full members and above to participate in your campaign

When it comes to altcoin bounty campaign I disagree with this suggestion but if it was for paid Bitcoin signatures the n the suggestion is ok and I believe most bounty managers are already using this method.

Restricting altcoin bounty signature participation to full member above will increase the rate of account and merit farming on the forum which will also increase the level of spam therefore it isn't the Best solution to this problem.

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February 10, 2019, 03:07:55 PM
 #30

Asking for video call doing bounties? Good idea to eliminate altaccounts but it is against the anonymity.

I don't think bounty managers will do that since they were doing bounties to get more exposure of the project so if they were limiting participants means the exposure will get reduced.

In my experience bounty managers care about the outcome of an ICO just as much as a bounty hunter, which is not at all. They shoot themselves in the foot trying to milk "free" tokens out of it by doing as little actual work as possible, then get disappointed when the ICO is a failure and the tokens fail to achieve value. I hope the practice dies down soon.
Most of the bounties were managed by the project name itself which causes more spam on this forum since later 2017.So they will look for quantity only since they are doing it for making money that is why our forum need to have some guidelines if they want to manage bounties and it should be moderator and havily punished if the rules are broken by them which can kill spam and alt accounts.

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February 10, 2019, 04:55:52 PM
 #31

The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.

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February 10, 2019, 05:02:20 PM
 #32

The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.
That's the point. You are right. Even they don't care about participants payment. Bounty participants have to wait for months and sometimes year but no payment.
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February 10, 2019, 05:13:43 PM
 #33

The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.

Ironically they are also contributing to the ICO's downfall, just blindly hoping it will succeed. The whole culture needs to come to a stop, and I'm surprised that economic necessity hasn't already dictated this. Even though I am a sig campaigner (pays in BTC mind you), I almost never, ever click on a signature. Maybe like 3-4 times a YEAR. And out of those 4, maybe 1 is an ICO.

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Darklinkz
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February 11, 2019, 06:43:24 AM
 #34

I don't think it's useless because your friend did not realized that he is launching his marketing on a bear period. If you only launch the same campaignback in 2017 then you will get favorable results. But I don't agree that social media is all bots because just think about that at least one  influential twitter account that joined that has thousands of real followers then that is already more than enough.
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February 12, 2019, 07:26:11 PM
 #35

The main problem is the bounty manager most of them, not all of them, don't even spend 1 second to check accounts or reports why? because more participants you can guarantee for bounties more money they will get as payment.

Ironically they are also contributing to the ICO's downfall, just blindly hoping it will succeed. The whole culture needs to come to a stop, and I'm surprised that economic necessity hasn't already dictated this.
The more signature bounty spammers -> the less effective marketing campaign will be -> the less chance the project will get sufficient funding.

The more quality poster bounty hunters -> project gets more visibility and exposure -> the greater chance that project will recieve enough funding.

The only difference and the main responsibility how much spam or quality bounty hunters will be on campaign is on bounty manager.

Also bounty manager is responsible for due dilligence, to check if the project is scam before he/she accepts to manage a bounty.

The only way that I can predict that bounties will survive is that bounty manager gains good reputation of accepting and managing good camapigns and exposing scam projects. Bounty managers like that can have list of good bounty hunters who proved themselves by writing quality posts and give them priority when boarding bounty hunters in new campaign.

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March 09, 2019, 11:30:28 PM
 #36

Almost all ICO's follow the same pattern, it's as if they have the same template for their websites and social media. Makes it more difficult to differentiate the good projects from the bad

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March 10, 2019, 06:35:17 PM
 #37

Almost all ICO's follow the same pattern, it's as if they have the same template for their websites and social media. Makes it more difficult to differentiate the good projects from the bad
Most of them do really have that similarities when it comes to pattern due to common creator of designs and banners, so it cant really be avoided and also
legitimacy wont only rely on design but also on the team behind.Finding the best one is just like finding a needle on a haystack considering on lots of scam projects on the market
you would really hardly see the best one.

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March 10, 2019, 09:11:24 PM
 #38

Almost all ICO's follow the same pattern, it's as if they have the same template for their websites and social media. Makes it more difficult to differentiate the good projects from the bad
Most of them do really have that similarities when it comes to pattern due to common creator of designs and banners, so it cant really be avoided and also
legitimacy wont only rely on design but also on the team behind.Finding the best one is just like finding a needle on a haystack considering on lots of scam projects on the market
you would really hardly see the best one.
in essence we have to be careful because projects that are real and fraudulent are very equal and we only depend on the team and the development of the project is clear to distinguish not just seeing ideas and their appearance

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March 10, 2019, 09:18:17 PM
 #39

You are right. Noone get visitors from those facebook, twitter or bitcointalk but you know people feel good when they see you have an active facebook page or active twitter account. That's why ICO owner do that. Nothing else.

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March 11, 2019, 05:13:36 AM
 #40

^^ Exactly. I really don't know when the bounty started with all this social media campaigns because I just know that signature campaigns was one of the most effective tools to market a project.

But it seems you really proves that bounty hunters doesn't have any significant effect to the campaigns and probably 90% are really cheating, using multiple accounts etc. And the OP exposed how the scam actual works so I don't know if ICO or projects can read this board but this should be a eye opener for them.

I agree signature campaign is the only campaign worth creating this is the reason it has more allocation than the other bounty and will give good results successful projects employ signature campaign to boost their project
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