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Author Topic: Can bounty with large allocations make you profitable ??  (Read 12382 times)
Fluxtorrence9
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June 17, 2019, 08:11:34 AM
 #101

We have some coins in crypto space with marginal max supply like billion coins and they are still trading at better value so its really not a matter of how many tokens there is ,its a matter of how good the project is and how hardworking the teams are.
andrearz
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June 17, 2019, 08:14:59 AM
 #102

I do not think so with that bounty with large allocation would not be profitable as you can see they are scam only their main purpose is to get many of non experience bounty hunters but those who more experience of joining bounties they cannot scam them.
Bounty participants drained energy for projects that did not pay and commit fraud. I often experienced this but there are also those who certainly pay a large amount but this is very rare this year.
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June 17, 2019, 08:28:54 AM
 #103

I often see bounties that allocate large tokens even equivalent to $ 1 million in tokens.
 Then there are also bounties that have a small allocation of around $ 50k USD in tokens ...

 So where do you think that will be promising and the tokens are valuable ??

 because I also wonder why the team held a bounty with only large allocations of softcap money not achieved.

 what do you think about this opinion.
Being promising depends on the tokens project development. ICOs price doesn't mean much its the exchange price that matters coupled with utility of the token. A solid project with little allocation is better than an unknown project with huge allocation.
trauchot
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June 17, 2019, 08:29:11 AM
 #104

There are different situations, if the bounty pool is big, for example, when you will get your tokens and they will trading at a small price, you can make profit with a huge number of tokens that you got, and when the bounty pool is small and the price of the token is small, then this option will not work.
Cnut237
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June 17, 2019, 08:40:38 AM
 #105

I often see bounties that allocate large tokens even equivalent to $ 1 million in tokens.
 Then there are also bounties that have a small allocation of around $ 50k USD in tokens ...

I think the statement from the company of what the reward is worth is often irrelevant. Most coins tank when they hit the exchanges, and a nominal reward of $100 would be very difficult to achieve in practice.

I think the most important is to just pick a good project, irrespective of what they say the bounty reward is. Small reward from good project is likely to be worth more than supposed large reward from a poor project.






ginobitcoiner
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June 17, 2019, 10:15:33 AM
 #106

Bounty campaigns with large prize allocations usually have a higher potential for SCAM, not without reason, but some SCAM projects that I have participated in mostly offer enormous reward bounties.

farraddy
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June 17, 2019, 10:35:51 AM
 #107

 Usually bounty hunter awards do not exceed a few percent of the investment in the project. The main goal of the campaign is to attract investment in the project. Too big rewards in bounty campaigns should alert bounty hunters.

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Iykecollins
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June 17, 2019, 11:12:55 AM
 #108

I think the so called huge allocation is a farce, especially for projects on ICO, only a few tend to raise such amount, already trading coins won't allocate such amounts, they allocate few tens of thousands to hundreds of thousands worth of token for bounty

ivaf
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June 17, 2019, 12:25:22 PM
 #109

All these substantial amounts are indicated from the consideration of the fact that the ICO will succeed. However, now it has become very difficult to attract investors. Therefore, do not look at the promised amount. As a rule, everything will be much more modest.
GGmith
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June 17, 2019, 12:48:04 PM
 #110

often projects that offer large allocations for bounty hunters don't always work even the opposite. on the other hand small allocations also sometimes are not much different from large allocation projects in terms of success in the market. the most important thing is to make sure that you don't immediately trust the big / small allocation project before you examine the entire contents of their project.
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June 17, 2019, 12:55:17 PM
 #111

For now in my opinion, not because I don't see a good project that offers large amounts of rewards, mostly only small amounts, a lot of bounties at this time have big rewards but the project is not so good and from that we obviously won't get a decent reward unless we bet hold it in for some time (maybe in a few years)
Kasabus
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June 17, 2019, 01:11:46 PM
 #112

It only makes sense if that allocation would be real or just a way to give attraction and be fooled. The question is, it has a working product already?  Cause if not, I don't see any reality about this, just the same of what I've experienced before. But anyway, we can't accuse it directly until such time that it has been proven of something.
 
that's a scam bro, high allocations for bounties most of that are scam because they trying to gather more bounty hunters to promote their scam project that's their strategy.

Yeah, it looks attractive into the eyes of investors and also for bounty hunters but it somewhat is a scam project.

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Loedong
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June 17, 2019, 01:20:36 PM
 #113

seems it can. but if we find a legitimate project especially if you have a high ranking, of course you will get a big profit or maybe equivalent to 5x the rank I have. in other cases, usually the bounty hunters, including beginners, like me, always see the prize allocation first. but I don't think that means guarantee, we also need to research them first before taking part in them.
BlackFor3st
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June 17, 2019, 01:26:06 PM
 #114

It will always depend to the projects as there are plenty of projects already that I joined in the past that offered a huge amount of bounty but they were able to maintain their price therefore I earned a good amount of money from them.

But for those trash projects in which I really don't like to join, their huge bounty offer is like a trash. So it's better to join a project that has the potential whatever is their bounty allocation as long as you think that you can gain a profit from it in the end.

vixcious
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June 17, 2019, 01:27:08 PM
 #115

I often see bounties that allocate large tokens even equivalent to $ 1 million in tokens.
 Then there are also bounties that have a small allocation of around $ 50k USD in tokens ...

 So where do you think that will be promising and the tokens are valuable ??

 because I also wonder why the team held a bounty with only large allocations of softcap money not achieved.

 what do you think about this opinion.
that is the problem of those businesses. Because their marketing and ideas don't attract investors, they will have to accept defeat. For me, I will not believe in projects that spend more than $ 1 million on bounty campaigns. Because with that money, they can pay for exchange and they will have the fomo worth it instead of giving the money bounty hunters. these are completely bad or deceptive projects.
I only choose projects with small cap and a reasonable distribution rate and especially have to get the actual products to achieve MVP or testnet to be completed.

leavolnhals
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June 17, 2019, 01:30:01 PM
 #116

I often see bounties that allocate large tokens even equivalent to $ 1 million in tokens.
 Then there are also bounties that have a small allocation of around $ 50k USD in tokens ...

 So where do you think that will be promising and the tokens are valuable ??

 because I also wonder why the team held a bounty with only large allocations of softcap money not achieved.

 what do you think about this opinion.
I think we should only choose projects that offer reasonable bonuses for the promotional campaign. Because quality projects will know how to best control their finances and will focus their money on developing their products.
That is the project will pay the token on time and keep the promise with us. In addition, projects with high bounty pools, we should not believe because they will delay the distribution until its price is extremely low and then they will pay the token to us.

Gabmot
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June 17, 2019, 02:19:31 PM
 #117

Ironically, the reality goes the other way round. Why because large bounty pool campaigns  statistically  have been proven to be end up as scams.

Many nonsense projects especially use this as an enticing bait for so many to fall in.
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June 17, 2019, 02:46:18 PM
 #118

I don't think so,many bounties with high allocation are just fooling hunters ,even if you get 1million tokens from a bounty don't be surprised if all value of the 1m token is just 60$- 100$ ,I believe that a good project with very low allocation means it will grow in value

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June 17, 2019, 02:55:57 PM
 #119

Well, one lesson I'd like you to take from my post is; a bear market is never friendly for a bounty hunter. when the cryptomarkets where booming btc was 18k, some bounties actually gave out high allocations of up to 7 million dollars. it was easy for them to pay this since they themselves raised 10s of millions of dollars. I'd say i benefited from all of this. However, most of the projects whose bounties gave hight allocations ended up crashing in the markets. while those like icon who gave very little actually went up more than x10

So, bounties with large allocations made me profitable. however, that was because I sold right after they hit the markets and invested in more promising cryptocurrencies. I have this rule of hodling only bounty tokens I know will have a great future. Other wise, I sell. It would be a bad idea to neglet bounties with little allocations. they might actually be your gold mine. take bnb for example. it has on up x300 since they did an airdrop of 100$ for users.

The best thing, in my opinion, to do as a bounty hunter is to think mainly about the possibilities of hype and success for a token. The best of bounty hunters do bounties, not based on allocation size, but based on the future potential of the project.

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June 17, 2019, 03:08:34 PM
 #120

I often see bounties that allocate large tokens even equivalent to $ 1 million in tokens.
 Then there are also bounties that have a small allocation of around $ 50k USD in tokens ...

 So where do you think that will be promising and the tokens are valuable ??

 because I also wonder why the team held a bounty with only large allocations of softcap money not achieved.

 what do you think about this opinion.

The initial allocation is based on their hardcap. If they wont get to the hardcap, they will in most cases decrease the bounty. Normally proportional to the raised amount. Bounty hunters should monitor these changes and accordingly make decisions.

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