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Author Topic: Should Bounty Participants Be Capped ?  (Read 499 times)
nicecrypto
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June 26, 2019, 07:58:45 AM
 #41

Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


Even if you as a hunter see it necessary to be capped base on overload as you rightly pointed out, the project team wouldn't want to do this because to them it is cheap labor, they can get thousands of members in their telegram group with miserable amount that can't benefit you, and the funny part is that some hunters are willing to do anything for just a $1 Grin and bm and team will take advantage of this.

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June 26, 2019, 11:57:34 AM
 #42

Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


good approach but a bounty manager will not like to limit the number of participants.
the more participants the more advertising. the BM doesn't care if there is less money left for each participant Cheesy

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June 26, 2019, 01:11:53 PM
 #43

Yes , if participants is only limited in each bounty campaign section thus every participant will have good rewards in the end of bounty campaign.

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June 26, 2019, 05:05:38 PM
 #44

with the limitation of bounty participants, of course this will be very beneficial for the participants when the project ends later, because for those bounty participants who join the project will get a lot of results and of course this is based on the stake they get.


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June 28, 2019, 04:30:08 PM
 #45

Recently, I noticed that only in such companies it is possible to earn good money. Therefore, it seems to me that such companies should be larger. In such companies, payments are good, and they are timely.

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June 29, 2019, 05:42:02 AM
 #46

Recently, I noticed that only in such companies it is possible to earn good money. Therefore, it seems to me that such companies should be larger. In such companies, payments are good, and they are timely.
What? there are companies that you can join and it's your task to research on how big they are. But looking for those 'large' companies, do you think how many percentage of them are operating a bounty right now? it's not about on how good and timely the payments are but it's about on how legit they are. If you have found one, you're lucky but limiting their participants is their choice and you just have to choose the best bounty that fits your wants but don't join the scam ones.




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June 29, 2019, 10:29:27 AM
 #47

with the limitation of bounty participants, of course this will be very beneficial for the participants when the project ends later, because for those bounty participants who join the project will get a lot of results and of course this is based on the stake they get.
There are few campaigns which pay with the number of their weekly token. They have set exact number how much token you will earn based on your rank. So even though they have limit their participants, you can't earn more


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June 29, 2019, 10:43:25 AM
 #48

Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


They should cap participants, some bounty hunters are doing this capping and it's very rewarding for participants and we can praise bounty managers for doing this, but as we all know some bounty managers and developers, wants huge promotion and they want to accept unlimited number of participants, sometimes deteriorating the rewards bounty hunters will receive.

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June 29, 2019, 10:25:40 PM
 #49

Some bounties have more than 5000 people participating in their Telegram campaign bounty (My case study) with total $20,000 in token to be shared.
Mathematically, when we placed everybody on a flat rate 20000 divided by 5000 will give us 4. This means each participants shall earn $4 for the duration of 4 weeks or more.
This type of overloaded bounty participants also cuts across all other bounties.
Should the bounty managers limits numbers of participants ? Or what do you think can be done to encourage bounty hunters ?


You can work on earning more merit. More merit means better opportunities here on this forum, or try your hand at trading, takes balls of steel though to sit and learn the whole thing from scratch.
 I may be stuck at senior level, though I've been here for many years, I've learned that the merit system made it so you really have to grind to get good within the community and to reap the rewards on the solid campaigns. Many companies offer shitty bounty rewards on purpose for lower ranked members because of it's cheap labor, almost free in most case (ICO fails).
  The second reason why hunters are getting bum deals is because of having little to no understanding of what it is exactly they're investing their time and energy into. They're fooled by the thread titles of the campaigns,
Example: "(BOUNTY) $$$$$$$$$$$$$$$$$$ BIG PAYOUT$$$$$$$$$$$$$$$$$, JOIN SHITCOINS-R-US/ NO KYC, $100,000.00 CRAP DROP(AIRDROP) Tongue!"



 Most of the projects hunters join are clones or are a bad investment from the beginning. Due Diligence would help hunters sort lot of shit coins out from the real promising ones.
   The projects team, their direct communication with their community, a solid white paper, an innovate spin on a blockchain concept (not a clone project), a believable roadmap and a working product are just a few of the necessities to look for when bounty hunting for a plausible campaign.

 
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June 30, 2019, 03:45:29 AM
 #50

It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

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June 30, 2019, 04:12:52 AM
 #51

It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.
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June 30, 2019, 05:16:01 AM
 #52

It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.

IEO means no bounty, maybe in big exchange like Binance they don't need, but with small exchange, they need bounty for their exposure.
The thing is there's less project compared to last 2017's ICO, so that only create little opportunity for bounty hunting.

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June 30, 2019, 02:42:48 PM
 #53

It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.

IEO means no bounty, maybe in big exchange like Binance they don't need, but with small exchange, they need bounty for their exposure.
The thing is there's less project compared to last 2017's ICO, so that only create little opportunity for bounty hunting.
As far as I can remember, harmony was taken place in Binance but they still had a bounty in bitcointalk, isn't it? Bounty will stayed forever, may be the form will change. Cause successful fund raising campaign needs more promotion.

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July 06, 2019, 01:20:29 AM
 #54

It will only help the bounty hunter to get some more passive income but you know the ICO marketing will be lowered because of the low participant. More bounty hunters mean more exposure for the ICO which help the project to raise more money.

After IEO's many companies are not showing interest to launch the bounty because exchange itself taking some professional activity in the market. So this makes the companies are not showing interest towards the bounties.

IEO means no bounty, maybe in big exchange like Binance they don't need, but with small exchange, they need bounty for their exposure.
The thing is there's less project compared to last 2017's ICO, so that only create little opportunity for bounty hunting.
As far as I can remember, harmony was taken place in Binance but they still had a bounty in bitcointalk, isn't it? Bounty will stayed forever, may be the form will change. Cause successful fund raising campaign needs more promotion.

You are right.
Most of the money companies use goes to promoting. You will notice companies that are well known have good promotions. Sometimes a new brand comes in and owns the scene with ads all over the place and this often works, its like a takeover. Some companies are born that way. All the big brands display their banners in the most popular places to the point where even your gran knows what the brand is even if it's targeted at young people. That is what good advertising does.

 
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