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Author Topic: Why I Don't Do Bounty Campaigns & Why You Shouldn't Either  (Read 18327 times)
Uju4real
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February 22, 2019, 11:52:05 AM
 #41

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.


That's one of the hidden strategies that most projects use to strip bounty hunters of their token, you will campaign and do everything and at the end they will present useless rules which most hunters won't be able to meet up to. Have learnt my lesson and I choose what projects to run campaigns on very carefully now and so far it has been paying off

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February 22, 2019, 12:16:13 PM
 #42

This is the problem why most ICO's fail because of this stupid ICO's. Investors are thinking if they will invest into it or not. One thing more is the developers gives new instructions after the campaign etc. I have joined bounty campaigns already and maybe I'm lucky with the campaigns I joined because some of them gave me tokens that I can sell.

One more, don't ever give your personal information to these stupid developers. They can sell your information for a cheap price.

 
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evanescence
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February 22, 2019, 12:23:58 PM
 #43

There are lots of bounty campaign happening in bitcoin forum. And we get thousands of participants. But I am agree with you, bounty campaign can't give you good return for your effort. Bounty hunters do lots of work with different campaigns but they don't get their deserve earning from it.
Agreed. We are paying the price for the insane reward-to-effort ratio that bounty hunters enjoyed in 2016-2017. We're never seeing 3 bitcoins per month ever again.

prestigio74
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February 22, 2019, 12:33:54 PM
 #44

It seems to me to stop practicing bounty is not worth it at all, because you only lose time if you don’t have luck, and if successful you get money!

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February 22, 2019, 12:49:16 PM
 #45

That is quiet unfortunate I was following that project just that i wasn't able to make the deadline. But never give up because of this, try another project that is crypto for you. Just push till your last breath.
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February 22, 2019, 01:01:57 PM
 #46

Recently, I stopped participating in company bounty projects. First of all, since I spend a lot of time and energy, and the payments are very small. Also almost all projects are scam. Just a pity spent personal time.
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February 22, 2019, 01:03:48 PM
 #47

There are times that i think of stopping doing bounty campaigns because some of the bounty is not profitable now to be honest but we need to research well which bounty to join. Who knows we can hit a diamond bounty campaign that will leads us to a good fortune. I just continue doing it because maybe one time it will come back again just like the old days where one token from another had a good value but for today. It's kinda hard to find some gems in different bounty. Just don't stop doing it because you will never know what will happen in the future.

aaaamm
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February 22, 2019, 01:29:17 PM
 #48

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.

For what happened into bounty campaigns since last year up to the present was really not good experienced for most of the bounty hunters.
But of course, I still do believed that there are good ico which I knew remain good and legit. We just need to patiently seek it. And besides there's a time of harvesting also there's a time too for Sowing.
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February 22, 2019, 01:42:25 PM
 #49

I know what you feel mate. I stop doing bounty campaign for almost 6 months. I dont get any profit from bounties. Most of them are scam projects. The problem is its so hard to find a real project. Back in 2017 there is so much good project. I hopes this year will be a good year for bounty hunters.

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February 22, 2019, 01:44:56 PM
 #50

There are tons of 2018 ICO project that paid nearly 0 bounty hunters like me.. that' why I stopped doing new campaigns except for some few ones....
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February 22, 2019, 01:47:34 PM
 #51

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.
The caption of your topic attracted me and i found  it amusing, but coming to the content, i felt so sorry, most especially when bounty hunters pass through ordeals like this.  Sometimes, even when you feel you are in the right project, there are some conditions that may make you unhappy and feel like every other project is the same. I also read about the same experience from someone, also a fellow hunter, sometimes ago. This is why i always prefer projects where conditions and rules have already been given prior to the bounty participation.
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February 22, 2019, 01:55:24 PM
 #52

IMHO if one of ICO changed rules this is not right, but you should participate more bounty programmes maybe some of them can still succeed. Just be patient and choose ICO wisely.

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February 22, 2019, 01:56:02 PM
 #53

Also spent a lot of time on this project.  He wrote articles about the platform.  I studied the project thoroughly,  And now it is.  Disappointed

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February 22, 2019, 02:02:19 PM
 #54

I know that at the moment it's terrible time for crypto world so it's very difficult to find out a good bounty campaign to join but that doesn't mean it's impossible to find out a good bounty campaign to join or stay away from bounty campaign Smiley. There are still good bounty campaigns to join for example WPP bounty campaign. Try to spend more time at looking for good campaign then you'll find out good bounty to join but you guys shouldn't stop joining bounty campaign.
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February 22, 2019, 02:10:11 PM
 #55

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.
Anything you said doesn't matter for me, i will keep on doing bounty campaign, the reason would be because this is my way on making some investment.
With all the bounty reward that i get, i could save them for the future, hoping that it could give me a fortune.

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February 22, 2019, 02:10:25 PM
 #56

this is very similar to last month's case, namely the lyfe.health project, they distribute tokens for hunter bounties every 10% every month for 10 months, and they also use a bounty manager who I think is bad and unprofessional. they always change the rules and don't update the participants who are confused. spreadsheets are always suddenly replaced. right now they are giving new rules, which must be for bounty hunters. they like not respecting hunter bounties when participants ask questions or aspirations because they also have rights.
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February 22, 2019, 02:17:55 PM
 #57

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.

I understand your concern and it is also the concerns of so many bounty hunters, stop investing in ICO and just go for stable coins in the market or better wait for the coins to get into the market and right now, it's not the best idea to do bounty hunting for ICO.

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February 22, 2019, 02:23:08 PM
 #58

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.

that is very clear that the team has the most control over their tokens, they can delay the progress if they want or even what they have done to your investment, that is the problem with today's ICO there was no security for the investors.
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February 22, 2019, 02:23:26 PM
 #59

It seems to me to continue all the same, because so we will be able to get tokens for free without any investment that can make a profit!
of course with the bounty campaign it's a better and easier way to earn income or coins for free. so the bounty is very useful for me, of course

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February 22, 2019, 02:27:49 PM
 #60

more than half the ICO bounties you're participating in won't make it. At least you didn't invest in the project like the actual investors that get screwed when their tokens hit exchanges, if that ever happens in the first place.

You have to identify good projects and stick with those. Over the weeks you'll have a feeling which ones aren't good and which ones do have a chance in the markets. Even then, if an ICO is successful and you get a good amount of tokens, their value is never going to be rewarding unless it's a bull market, then some bounties do pay off. Right now, only a few ICOs are worth it and if you're willing to put the effort in curating the best ones, it might be rewarding at the end.
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