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Author Topic: Why I Don't Do Bounty Campaigns & Why You Shouldn't Either  (Read 18287 times)
CryptoGenius10 (OP)
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February 22, 2019, 01:39:33 AM
 #1

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.
Hermes Mercury
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February 22, 2019, 03:31:16 AM
 #2

His experience with this project was horrible, but the bounties campaigns exist even before ETH tokens or anything else related. It's possible for you to get coins without investing a single penny! Moreover I think that the most important of all of this is to learn and be wise with the little amount you receive.
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February 22, 2019, 04:00:01 AM
 #3

Bounty campaign only profitable in 2017 and in the beginning of 2018, and after that this job not really promising good reward because too many ICO that has low quality product. So ICO market turn  in to low demand and the trend of crypto market also in bearish mode. Bounty campaign maybe profitable job again if the market back to bullish trend.

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libert19
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February 22, 2019, 04:11:53 AM
 #4

Wait, did swachchh (however its spelled) coin released the soft cap that you got your bounty tokens? It looked me a shit project from the start tbh

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semobo
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February 22, 2019, 04:16:59 AM
 #5

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.
No morw time wasting on the bounties which make you to wait for months and pay you nothing just ignorre the bounties which can atleast make the bounty team to pay the participants on the time or with listed currency.
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February 22, 2019, 04:29:23 AM
 #6

Bounty campaign only profitable in 2017 and in the beginning of 2018, and after that this job not really promising good reward because too many ICO that has low quality product. So ICO market turn  in to low demand and the trend of crypto market also in bearish mode. Bounty campaign maybe profitable job again if the market back to bullish trend.
bounty campaign always be profitable thing.we didnt need spend any money and we get free money, although its amount small.compare it with ico investors, they spend much money but unfortunately they get much loss.
Amalker
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February 22, 2019, 04:43:41 AM
 #7

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.
Yeah, this is not fairly to the bounty hunters, when bounty pool decreases after the end of ICO or when rules are changed post factum. I've also participate in bounty, which say after the ICO, that we will distribute bounty tokens in a year from now. Undecided
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February 22, 2019, 05:01:02 AM
 #8

Sadly Bounty hunters will be hard to claim once the campaign is over. When the campaign started, they offered a lot of incentives, with pool bounty of millions of dollars, after the campaign ended. Managers are willing to correct the law in a blatant way, because they think they have the right to do so.

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zeze18
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February 22, 2019, 05:10:46 AM
 #9

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.

ICO nowadays is not profitable anymore because the investors lost interest due to the cryptocurrency price drops last year.
But it already started to recovers and some of good ICOs probably will rise in this year
Cat Coin
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February 22, 2019, 05:48:11 AM
 #10

Unfortunately, participating in bounty companies can be low-income and even useless, and frustration can poison you. But you are on the market, consider all the components, do not bite on the promise of the gold mountains, choose a more normal, real company. So you will avoid disappointment.

Callanta787
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February 22, 2019, 06:02:40 AM
 #11

I never liked that swachhcoin anyway because its more like mediocre project to me ,there developers are lesser professional and I don't like the white paper but what matters is the teams of a project no matter how good it looks ,don't give up ,whatever you experienced almost all of us on here have same experience so its left for you to be more careful in the future when selecting a bounty

irsykes
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February 22, 2019, 06:14:41 AM
 #12

Maybe you just wrong to pick bounty campaign, because actually not all bounty campaign tokens is worthless in market. There are some bounty campaign that can give big rewards. That is why if we join social media or maybe blog / video campaig, just do all bounty that we find.

Papcio77
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February 22, 2019, 06:19:33 AM
 #13

Wow this is a solid negative feedback on your part. Im sorry to hear your story but to be honest, bounty isnt a work it is just a free way of earning money. What do you expect, all of them will be successful? You need to pick a good one that will not collapse it is the matter of picking.
Fluxtorrence9
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February 22, 2019, 06:32:03 AM
 #14

Most bounties now are total waste of time but give me another source to make money in crypto space if not bounties ,I think its best to jeep trying and never give up ,be more careful when doing research on bounties and don't get carried away by huge allocation bounties
AnimeKingman
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February 22, 2019, 06:33:01 AM
 #15

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.

Swachh totally fucked me too; luckily Nauticus did come through with their bounty campaign
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February 22, 2019, 06:37:30 AM
 #16

Yup swachhcoin team's decision is horrible and take note that I joined this bounty as well. However, that is not a reason to stop doing bounty campaigns. Lets face that there are projects out there that really don't care about the bounty hunters but there are also startup projects who are worthy to become successful that need our support.

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February 22, 2019, 06:47:26 AM
 #17

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.
So many times have state by a lot of people if you must do a lot of research before participate in the bounty and ico. I was seeing so many suspicious things on swachcoin and that was i have thrown it to the trash. It's a scam.

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Idrisu
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February 22, 2019, 06:52:02 AM
 #18

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.
If we should be allowed I seriously believe that many of us has many stories to tell on how bounty or projects owners has treated bounty hunters.  It is surprised to promote a projects with quality posts and at the end you earn notting.  I have many worthless tokens in myetherwallet and most of them are bounty I participate for 3 to 6 months.
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February 22, 2019, 06:54:24 AM
 #19

So a few months ago I did some bounty work for a company called Swachhcoin. Like many of you, I spent countless hours developing and creating posts that highlighted key features of the platform. Fast forward several months...they tell all of us bounty campaign participants that we will have to pass KYC to receive the NEW swachhcoin tokens (SWACHH). My previous Swachhcoin tokens (SCX) are now worth $0 and I will have to do KYC to get my new usable tokens. Also, they set a monthly limit of how many tokens we can sell. We will receive 10% each month to prevent dumping. I like this idea, but NONE of this was presented during the bounty campaign period. I also bought 2 ETH worth of tokens and they've delayed the project at least 2 times! To me, this is unprofessional, ridiculous, and outlandish. Sorry for the rant, but this is the exact reason I've been slowly putting my money into projects that I think have a future. I'm trying to stay away from the bad apples and put some leftover money aside into Bitcoin, Nauticus, Ethereum, EOS, and even XRP.
Hello, my advice before joining the bounty campaign is that you better choose and ensure a good project. if you have studied and seen projects that you can trust, you can join the bounty campaign. joining a bounty campaign is indeed fun because it can get coins. my advice, if you want to invest, bitcoin is the most suitable place to invest.
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February 22, 2019, 06:56:19 AM
 #20

It is almost a waste of time participating in bounty campaign as bounty hunters because most of these campaign will just waste your time without any benefit.
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