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Author Topic: Do bounty participants enjoy longer or shorter campaigns?  (Read 564 times)
DdmrDdmr
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May 22, 2019, 04:59:57 PM
 #41

<…> Actually I never seen any bounties asking for merit requirement to join on their bounties.They are just concentrate on the quantity of their participants not that quality posts which are useful for the community.<…>
It’s not that widely extended yet as a requirement, and it is mostly the BTC paying campaigns that control the quality of the posts made by its participants, tending to establish a minimum amount of earned merits to begin with (see Overview of Bitcointalk Signature-Ad Campaigns [Last update: 05-May-2019]): Around 6 or 7 of these campaigns require x amount of earned merits explicitly, whilst others don’t, but do consider them inherently as part of their cherry-picking participant selection process.

In general terms unfortunately, token paying ICOs are not concerned with quality but rather more with exposure exclusively, and thus do not (yet) demand earned merits for its participants.
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Chikitita2004
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May 22, 2019, 05:23:04 PM
 #42

I look at the overall picture of their project, is it possible or attainable, what would be the probable outcome after a length of time, if I see that there is a possibility for the project to survive and will be in great use or need in the future then possibly I would wait as their roadmaps shows their step by step plans but there are also projects that are good for short term holding, just like going with the flow and do as majority does or else you will regret if you dont. There was one bounty campaign I joined a year and a half ago which I still keep their tokens until now and at last project developments are giving hope to the value of their tokens as they give updates from time to time.

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May 22, 2019, 08:27:39 PM
 #43

Bonus: What's your most disliked type of bounty campaign?
I don't like bounty campaign combining their bounty thread with their announcement thread. Their announcements are being spammed by the social media participants.

Just report them to moderators if you happen to find something like that. There is a whole section dedicated for bounty threads to be posted and yet they are doing something like this in order to get some bumps.
I missed this. I saw a lot of bounties last years that have this kind of scheme but I don't think right now they have this thing.

The best bounty company is the one in which you will be paid in the end, as be promised, short or long is not so important.
True, as long as the project is true it is worth it.

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May 22, 2019, 08:58:20 PM
 #44

It really depends.
People actually prefer a campaign stays longer if;
- The coins being paid have value e.g BTC,ETH and not just some tokens that are not yet even on exchanges
- Payment is done weekly
- The Campaign manager is good and reputable like @Hhampuz
- The funds for the campaign are held in an escrow

Members prefer the campaign takes a shorter time if;
- Funds are not in escrow
- payment is done at the end of the campaign.
- Payment is made in tokens that have not even started trading

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Airbuxf
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May 22, 2019, 11:13:18 PM
 #45

If campaign is paid in BTC,ETH or some non violent stable coin, and payments are rugular ( for example once a week) I don't have any problem with that campaign is long/very long. Problem starts when campaign is a lottery and you don't know how much you'll earn so these campaign should be quick for me like 4-8 weeks max
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May 24, 2019, 03:33:44 PM
Merited by tranthidung (1)
 #46

I think most of the participants definitely don't want a bounty program to take too long. There are too many ICOs cheating in the crypto world, resulting in a number of fake bounty programs designed to attract investment and gain illicit profits.

Therefore, a bounty program should not be too long, only 1 to 2 months is best. Participants do not want to spend too much effort and in the end what they get is nothing, wasting time.

Besides, the pool for bounty is also very important, if too little, no one will join it, if too much, it may be a scam. Reasonable numbers will range from 200 - 400k usd.
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May 24, 2019, 03:49:54 PM
 #47

<…> Besides, the pool for bounty is also very important, if too little, no one will join it, if too much, it may be a scam. Reasonable numbers will range from 200 - 400k usd.
Actually, the USD figures that ICOs place in their bounties are merely a commercial stunt to try to attract people to their ICO and to promote it via campaign signatures and social tasks. ICOs tend to pay in their own token (except for few select BTC paying campaigns), token that still has to raise a certain value during the ICO sale, reach some sort of exchange, and then get assigned a market value. Whatever figure they place here as an equivalent in USD is just wishful thinking at best, and knowingly deceiving if not.
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May 24, 2019, 08:09:24 PM
 #48

Whatever figure they place here as an equivalent in USD is just wishful thinking at best, and knowingly deceiving if not.

I beg to differ unless if you're referring to scam bounty then I don't but for those legit ones the USD tagged to the amount of coins they allocated to bounty hunters is usually based on their ICO sale price. Example if the ICO price was $0.01 and they allocated 10million token for bounty which is $10,000 in USD then it isn't deceiving since if they were to include those token in the ico it would have given them $10,000 from sales of all the tokens.

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wumBowo
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May 25, 2019, 08:07:12 AM
 #49

It really depends.
People actually prefer a campaign stays longer if;
- The coins being paid have value e.g BTC,ETH and not just some tokens that are not yet even on exchanges
- Payment is done weekly
- The Campaign manager is good and reputable like @Hhampuz
- The funds for the campaign are held in an escrow

Members prefer the campaign takes a shorter time if;
- Funds are not in escrow
- payment is done at the end of the campaign.
- Payment is made in tokens that have not even started trading
well done for the summary you have made, i do agree with your post. If OP are going to make any bounty campaign, hope he will considering this post with an additional don't make a weekly report on thread if there will be any social media campaign

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DdmrDdmr
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May 25, 2019, 01:50:51 PM
 #50

<…>
Case scenarios that typically take place (scams set aside):

a) Bounty tokens are sometimes locked for x days/months after ICO sale. By the time these tokens are unlocked, ICO token value often is way lower than at ICO sale, and therefore the tokens given to the bounty hunters have less value than that stated during the bounty campaign.

b) Bounty tokens are released after the ICO sale. It is quite usual to see a dump sell on second grade exchanges really quickly after ICO sale/bounty token release, rendering the tokens a fraction of the ICO sale value, thus the tokens again do not have the values stated in the USD equivalent allocation.

c) Bounty tokens do not reach the exchanges at all, rendering the bounty tokens nearly worthless.

Of course historically there are cases that have risen in value with a tail wind, but unfortunately 2018 proved rather the opposite. What I mean by this is that the USD equivalent allocated token amount should not be taken verbatim, since it is specifically valued at token sale value, which is achieved by the ICO itself, but that is not that easy to be achieved by discrete token sellers on the market after the sale.
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May 25, 2019, 03:04:07 PM
 #51

Long campaigns with great reputation and manager is always better since you know that they will pay you
unlike shorter campaign that just opened. I speaking from experience that there are short campaigns that
won't pay that won't pay but that is very rare. I've in a lot of short campaign back in the 2016 most of them
are great but joining a campaign that will run for a long time is still better.

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