Do bounty participants enjoy longer or shorter campaigns?

[NovaToken Community]

Hello all,

Looking for some feedback on this particular topic. In general as a participant in bounty campaigns would you rather have one that:

1) is short in length but may provide limited opportunity to earn coins or tokens

or

2) one that drags on for longer time periods (up to a year) but give you the opportunity to earn a larger share of the total bounty fund

Let me know your thoughts and why!

Bonus: What's your most disliked type of bounty campaign?

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[mk4]

On signature campaigns: Campaigns that are reputable and run for long periods of time, as I just want to casually contribute and converse here while earning a decent amount of bitcoin, without actually looking for other campaigns to hop to every month of every few weeks.

Bonus: What's your most disliked type of bounty campaign?

Those campaigns that require social media spamming.

[erikalui]

Ultimately it comes to campaigns that pay. There have been both kinda campaigns but when they paid, it was like your work, energy, time was worth it. If I even spent a minute or an hour or a year, it doesn't matter but I need to get paid for my work.

Also, I don't like long-term campaigns that pay after a year as I cannot trust a project not paying for such a long period. Max period should be 3-4 months and updates should be given about the progress of the sale and project.

What's your most disliked type of bounty campaign?

Campaigns don't escrow the funds and hence the funds should be escrowed and probably it should be an amount BTC/ETH or any other popular coin (a percent of the bounty) so if the project fails to accumulate the said funds or the project fails to launch despite collecting the soft-cap, the participants are atleast rewarded a small amount for the effort they have taken.

[okala]

It depends because campaign are of two type those which pay in bitcoin and those that pay in tokens, when it comes to campaign that pay in bitcoin then I will rather go for a long term campaign that last for years and the other which is the bounty and you are paid at the end of the bounty and this usually take long time to achieve and in most cases end up as scam because there is no escrow or any agreement but if it a bitcoin campaign payments are made weekly which give you assurance.
What I dislike most is Bounty's that never pay worker's after a long period of hard work.

[harizen]

1) is short in length but may provide limited opportunity to earn coins or tokens

If the allocation is followed properly and given until the end, then no problem about that limited opportunity since exact rewards will be received.

2) one that drags on for longer time periods (up to a year) but give you the opportunity to earn a larger share of the total bounty fund

Honestly it was also good but currently the status of bounty programs is not that good as before especially that majority of ICO's failed last year due to bearish market. Because of that, others lose interest in joining bounties now.

No one wants to waste time now because they didn't know if their effort will be paid, well there are still others who want to take the risks. Even someone will have a larger share and rewards were given properly in the end,  the question is, is it profitable or worth the effort? At most of the cases, coins ended up on a smaller exchange with small trading activity even they reached hardcap or quite raised a decent amount.

P.S My answer is basically pointing to the usual bounty programs (altcoin projects).

[Avirunes]

They all are after the sweet pot which depends upon the period (the longer they participate the bigger the share they will get). So IMO they love that but fear that they might scammed and all those works would be nothing.

You can pay them by releasing at certain time-points where you release portion of tokens as according to the work they done. This will maintain their interest going for the token reward and as well will make them feel secured to some extent.

[LTU_btc]

If we would talk about Bitcoin paying campaigns, no doubt that people prefere long term campaigns which are running here for years.
I'm not bounty hunter and I never tried to participate in bounties, but I suppose that people prefer shorter campsigns. Seing huge number of scam ICO's, I think it's very risky to join long term bounties. Just imagine you're promoting project for almost year and in the end you won't get paid anything. It hurts. Offcourse, in short term campaign you also can be scammed, but your "losses" will be smaller.
And your bonus question - I hate social media campaigns. First, it's annoying to see all the reports on bounty threads (why they can use Google forms for it?). Second, I doubt that it can give much publicity to the project. Usually people are using fake Twitter/Facebook profiles with fake friends/followers for the campaigns. Or their friends/followers are just other bounty hunters who aren't interested in investing in ICO. I doubt that many potential investors see these posts on social media.

[Thirdspace]

1) is short in length but may provide limited opportunity to earn coins or tokens
or
2) one that drags on for longer time periods (up to a year) but give you the opportunity to earn a larger share of the total bounty fund

It depends because campaign are of two type those which pay in bitcoin and those that pay in tokens,

unfortunately most, if not all, bounty campaigns are paid in their own (worthless) tokens
if paid by tokens I would prefer shorter campaign, so that I can decide a.s.a.p whether to sell or hold these tokens
why bother joining longer campaign with opportunity of bigger share of bounty, when in the end most will be zero value  

Bonus: What's your most disliked type of bounty campaign?

Those campaigns that require social media spamming.

aren't all bounty campaigns required standard social media, such as facebook, twitter, and instagram?
how would their project get maximum exposure without spamming social media

[leowonderful]

Depends for me, I used to hop from campaign to campaign from time to time in the past as well and I generally prefer shorter campaigns if the pay is in some token or altcoin and longer ones if the pay is in bigger cryptocurrencies like Bitcoin or Ethereum. I generally don't like to hop from campaigns much anymore, would rather stay in a longer lasting campaign for stability of pay.

I don't like campaigns that aren't run by a reputable member of the forum or are non-escrowed, or ones that have a high minimum post requirement. I don't have an exceptionally great amount of time to post on this forum so campaigns that provide flexibility of post count are great for me.

[mk4]

aren't all bounty campaigns required standard social media, such as facebook, twitter, and instagram?

Mostly as far as I know.

how would their project get maximum exposure without spamming social media

I mean, there are better alternatives. I'd far better prefer sponsored articles and sponsored videos on YouTube that are actually helpful and informative rather than just going straight-off to the social media spam route.

[joniboini]

aren't all bounty campaigns required standard social media, such as facebook, twitter, and instagram?
how would their project get maximum exposure without spamming social media

Not all project do that. In fact, they should never do that as it only causes potential investors to turn away. I think it's not effective either.

Depends on what their product is, signature campaign, content creation/translation and probably development bounty are better for them. I know two projects that instead of running a spam festival campaign, tried to engage with their community via various development and marketing bounty. By marketing, I mean connecting with potential clients directly and so on, instead of RT-ing their tweets.

[RapTarX]

In campaign of ICO, I guess members want a shorter period because there's no cash and it's boring to work at a stress without any payment.
On the other hand, if someone is in a campaign which pays BTC, they will likely to wish the campaign run long. It's a hassle to switch campaign to campaign. Better to stick with one, although pay rate matter sometimes.

[rosezionjohn]

The major concern of bounty participants nowadays is working months on a bounty and ends up getting paid with coins or tokens that's worth a few pennies. Notice that some long running campaigns were now abandoned. I guess hunters have learned their lessons.

I personally prefer shorter campaigns with a decent pool. But if I find a campaign that's really good, I'd be fine with a 15 week campaign (max).

Bonus: What's your most disliked type of bounty campaign?

Campaigns that keeps on extending.
Campaigns that runs until ICO ends but with an ICO that has no specific dates.
Campaigns that adds rules during or at the end of the bounty like KYC or some kind of exchange voting shit.

[jossiel]

The 2nd choice would be favorable for them. As they dont have to keep on joining and enrolling different bounty from time to time. For a year they will be secured with that bounty as long as it is legit and theu will pay with a worthy token.

But the problem has been said that many bounties now that are likely to run for a long time, and at the very end of the campaign no payment will be sent.

[Pmalek]

I don't take part in bounties except my signature campaign but if I was a bounty hunter I would prefer a bounty that pays their participants in the coins they raise, or at least a part of the bounty pool. Meaning, BTC, ETH, LTC or whatever funding options are available. That would give legitimacy to the project. Unfortunately there are almost no projects that do that and that is why I don't like bounties. There are also no weekly or at least monthly payments and no guarantees participants will ever get paid.

If it were up to me I would make it a rule that parts of the bounty allocation has to be escrowed in BTC/ETH as a guarantee that bounty participants will get paid.

[Ipwich]

That depends on the reward, if the reward is not big enough then of course I would prefer for a short term.
Long term campaign will gain a lot of participants overtime, hence that will result to a decrease of stakes or reward.
Further, there's a lot of opportunity in the market, so it's good if we can also participate on other project.

1 month bounty is already good for me, some smart bounty hunters are really clever, the moment they sees the project is getting better, they then joined even in the last week, and these people are high rank so this will result to a significant decrease of reward.

In signature campaign, bounty, those who have higher ranks will enjoy the benefit, as they do the same job with the low rank, but they earn better stakes.

[orions.belt19]

Campaigns that stretches for longer periods are preferable unless the payment will be made by the time the campaign ends. The reputation of the campaign or its manager also helps. If the payment will be made in tokens, ETH or any other coin asides from BTC, then I'd probably prefer a shorter campaign.

What I don't like about a campaign is when it requires a ridiculous amount of posts/has no limit/promotes spamming or even when they allow spam posters to participate. Those who spam should not be given the opportunity to earn from it, it's like paying someone to trash a place.

[Commie]

it's hard to say basing just on the length. Most campaigns pay only at the end of them so entering a long one (which I prefer, taking all other factors into account) gives you higher risk of not being paid or significant reduction of your payout, as with time long campaigns tend to get more and more participants. My ideal campaign would be a) run by a very reputable manager, b) with limited number of participants and c) 1-3 months in length.

[Kasabus]

Long bounty campaign is boring for me, so I don't enjoy it.
As a bounty hunter, if we were given a chance to choose between a long and short period bounty campaign, we will surely
choose a short term so we can sell our reward and enjoy it right away.

[CryptopreneurBrainboss]

As a bounty manager one of my criteria for accepting future bounty campaigns to manage will be, they have to be short term campaigns and if the project intend hiring me for longer campaign period then it'll be carried out in batches (payment to be made after completion of each batch maximum 2-3months for each batch). I don't fancy long campaigns beside in the Altcoin market, hype plays a roll in the success of your project (that's just facts) so if you're to give a reason to the bounty participants (convincing them) into investing in your project, capitalizing on the hype opportunity and treating the bounty participants right by paying them on time will go a long way.  That's the advantages of short term campaigns, longer campaign will get them frustrated which will lead to selling your tokens the moment they can laid their hands on it.