Why I Don't Do Bounty Campaigns & Why You Shouldn't Either

[LeetPoolsOP]

2017 was the very last year ICO profited most people, years afterwards was a mess in ICO.  I also did the same bounty you're talking about, they hosted it in a bounty platform and we all participated in it. After the end of the bounty, they were now telling the campaigners that we have to do kyc before we could receive our token which wasn't in the agreement before the campaign start, what a mess.

Now a lot of projects introduce this procedure at the end of the bounty campaign. I also think that it is not correct

[Aleksandra Gurskaya]

You need to be able to choose bounty. There are a lot of projects that lead bounty and most of them have no chance for the future. But there are really good projects that pay immediately and their coins are worth good money.

[eternalgloom]

It's really for the best I'd say, even if you do find a good campaign, it's pretty rare to actually earn a decent amount of money with it.
You'd be better off just saving up some money to invest into established coins, like the ones you mentioned.

Alternatively, you could also just provide people with a service in exchange for cryptocurrency.
You know, like a freelance job for example.

[bitcoin-shark]

maybe the time of the ico and of the bounty is finished the bounty hunters have to look for other ways to earn such as translations, original content, videos or maybe even start trading...

[GunsLair]

I feel your pain. Many bounty projects don't reward their hunters. Take for example Kelta mining that some of us did last year. Up till now we have not been paid. The devs used us for their own selfish gains and after the campaign ended, we were tagged as bots and fakes. Too bad I cannot delete or edit the article I wrote for them on steemit

You can write another article. This time, expose it and write in it everything you think about this project.
As for me, I continue to participate in bounty campaigns, despite the fact that I have been waiting for many awards since last year.

[CLywaTeLb]

It looks naive. A project that acts unprofessionally, but still lives, is a good project. At least because many crypto startups are either fraudulent or slowly dying in inactivity.

[forexandcryptoauditor]

When I entered in cryptocurrencies world, I was not knowing about bounty programs. Later I was exposed to those and got attracted towards it.
Until few days back my opinion was just opposite to your.
Now I have seen that many projects are changing criterias at the last moment to receive the awards. Many Force us to install xyz wallet so that they get benefited out of it.
Few days ago from one of the program that bounty has suddenly halted due to some reasons and rewards have been decreased.
Even if everything goes well, we can not guarantee that the amount of tokens we hold, can give us good value out of it.

[macstrong12]

May be you haven't chooses the right bounty to join, if you have joined to the content protocol bounty or aergo, you would be very happy coz they have been added to exchanges and are trading higher than ico price, yes I know it is hard to find the right bounty that really worth it, but if you find it then you would get some really good profit and it is not impossible.

[fullhdpixel]

I might have to disagree with you, I first had this idea that I can't waste my time doing bounties because it's an absolute waste of time until I benefited over $500 from a bounty which i just decided to try out since I had enough free time and I don't need to buy the coins anyways.

I just do some task and get to hold the coin. Guess what, it paid off, I made up to $500 after I sold my coin on exchange.

[Jrfranco]

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 think its an everybody's prerogative whether they would join a bounty campaigns or not, everybody are entitled to their own opinions and hardwork, as long as they are studying what they are engaging to, but the most important factor is that the legibility of the project they are promoting and they are paid for doing it so.

[Ezio_Auditore]

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.

well, if you are deceived in one project - it does not mean that it will be the same in others. There were a lot of bounty companies where hunters received worthy awards. so do not judge everyone because of one bounty company.

[rijaljun]

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 part of risk. Investing in crypto, either time or money, is high risk thing. We all need to do a deeper research before decided to invest in any project, sometimes we think "it's a good project and will Make profitable for me" but tomorrow, they could scam us. Thats why you need to be sure, to invest only in what you afford to lose.

[letyouearn]

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.

Well, that's bounty specifics, mate. In fact you were lucky enough to get anything - they could easily scam all the participants and pay you nothing. That's quite a usual scenario here. But the possible profits worth it.

[axel2078]

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.

well, if you are deceived in one project - it does not mean that it will be the same in others. There were a lot of bounty companies where hunters received worthy awards. so do not judge everyone because of one bounty company.

Right, according to my research and evaluation, if we have 10 bounty, it will take 6-7 bounty scam and we will get nothing from them. So if we are unlucky, we will be wasting time with those scam projects

[meanwords]

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.

Free money? we are working hard for them, promoting their shitty coin for some little gain that they will give us and it's not even guaranteed. What they are having is free advertisement because they are paying us some assets that came out of thin air, probably a fork of another coin. It's not always profitable so stop spreading your bullshit here. We are working with time, electricity and effort so your claims are all false.

[bitcoinm3ster]

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.

This is the case that bounty hunters often encounter when doing bounty for ICO project from the mid last year to now and I think this is the way which projects want to reduce amount of distribution token for bounty hunters and it is also considered a scam

[criket]

This is the case that bounty hunters often encounter when doing bounty for ICO project from the mid last year to now and I think this is the way which projects want to reduce amount of distribution token for bounty hunters and it is also considered a scam

obviously it was a fraud for campaign participants. we already know all the rules can indeed change at any time according to the wishes and decisions of the development team. but if it feels that it is not in accordance with the reasonableness, surely the campaign participants will protest.

[Ucy]

I think the conditions for participating in bounties should be spelt out by the manager.
If you don't see or understand the conditions you ask the manager personally.
I guess some of them intentionally introduce the conditions at the end of the campaign to make receiving coin difficult for the hunters.

[AnimeKingman]

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.

Free money? we are working hard for them, promoting their shitty coin for some little gain that they will give us and it's not even guaranteed. What they are having is free advertisement because they are paying us some assets that came out of thin air, probably a fork of another coin. It's not always profitable so stop spreading your bullshit here. We are working with time, electricity and effort so your claims are all false.

yeah for real Bounty work is real work for minimum benefit sometimes; Like I had said several have screwed me with dumb rules that they make up at the end or cut the amounts given if it wasnt for Nauticus paying me out I would be up shit creek

[spike420211]

I think the conditions for participating in bounties should be spelt out by the manager.
If you don't see or understand the conditions you ask the manager personally.
I guess some of them intentionally introduce the conditions at the end of the campaign to make receiving coin difficult for the hunters.

Yes, unfortunately this is becoming more and more common, and the KYC at the very end of the company often began to be introduced. In fact, this is a bad tone and should reflect on the reputation of the project.