cryptoknightt
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June 16, 2020, 12:14:10 PM |
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actually you have to calculate it first and estimate whether the gift given makes sense or not. because some projects don't give reasonable prizes, for example 1m $ for bounties. is the amount correct? at the present time does a prize with $ 1m make sense? of course not right so before joining take a look and make sure that the prize given is correct and research the project too.
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thesmallgod
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June 16, 2020, 03:56:06 PM |
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Investors you said ?. Not so much people invest in crypto projects anymore. They will rather buy already listed coin with the hope of making profit. It is even uncommon to see any new project listed that wont be trading below the sales price. Bounty hunters receive huge reward but little value is due to massive dumping by the hunters and the investors especially those that bought with huge discount and this is the reason why some project will either lock the hunters token or be releasing them in phases just to reduce rate of token dumping in the exchange.
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cassavachips
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June 16, 2020, 05:29:55 PM |
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That's a marketing, they do marketing for marketing. They attract people to participate in their campaigns. What I hate is when they use the words bullshit. Like the IQ.cash campaign which allocates campaign gifts at imaginary prices. Even though the price of their coins is very below that.
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Vishnu.Reang
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June 16, 2020, 05:43:30 PM |
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Very hard to believe, Cartesi got listed on binance and bounty hunters get paid as promised on spreadsheet, there are many scam projects but if you can find good project your dream on spreadsheet will become a reality
I heard about this bounty project. One of my friends participated in it, and he got good rewards. One thing I liked about Cartesi is that they specified in the beginning that no KYC requirement will be made. We have seen several cases where the requirement for KYC was made just when the campaign was about to end. In such cases, most of the bounty hunters have to forfeit the reward.
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Moeda
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Enterapp Pre-Sale Live
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June 16, 2020, 06:12:15 PM |
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Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
Don't expect too much on the prize hunter's results. You can try new activities by trading. I think this will benefit you all the time. But you have to really learn about trading. Because trading also does not always provide profits.
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JeotQ
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June 16, 2020, 06:36:12 PM |
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Do some calculations before joining a bounty campaign, if fund target is not reached there will be a problem with bounty hunters rewards, they might decide to pay half of the bounty allocation, also if the project has good use case
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sulendra12
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June 16, 2020, 07:14:54 PM |
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Don't expect too much on the prize hunter's results. You can try new activities by trading. I think this will benefit you all the time. But you have to really learn about trading. Because trading also does not always provide profits.
Most people on here starts making money through campaigns to actually start trading because they have nothing to start. Even though you said that, if you have nothing then it's kind of useless. Demo trading is also pointless because you can't feel the pressure compared to using your own money.
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oscarftw
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June 16, 2020, 07:34:11 PM Last edit: June 16, 2020, 07:44:41 PM by oscarftw |
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The main goal of the bounty hunter is to attract new investors to join the project that we are promoting, even though the costs given are not what we expected, bounty hunters are given an average funding allocation of around 1-5%.
Even that's based on the allocation but the result will always different from the price that has already expected by the developers. the developers must have started to consider to replace it with stable coin to give guarantee to the hunters. Now bounty allocation isn't more than 0.05-2 percent, even though the price dump isn't in control. But all are blamed on bounty hunters. Some new projects started to list exchanges with USD pairs. I think that's more risky to pump. Now we aren't rich in the spreadsheet or budget with hunters. Only scam projects do it to catch new investors.
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Gab20
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June 16, 2020, 08:12:53 PM |
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The main goal of the bounty hunter is to attract new investors to join the project that we are promoting, even though the costs given are not what we expected, bounty hunters are given an average funding allocation of around 1-5%.
Even that's based on the allocation but the result will always different from the price that has already expected by the developers. the developers must have started to consider to replace it with stable coin to give guarantee to the hunters. Now bounty allocation isn't more than 0.05-2 percent, even though the price dump isn't in control. But all are blamed on bounty hunters. Some new projects started to list exchanges with USD pairs. I think that's more risky to pump. Now we aren't rich in the spreadsheet or budget with hunters. Only scam projects do it to catch new investors. Most of the good projects with bounty campaigns do not give good reward pool. It is hard to find one that would pay over $500K, some even pay as low as $10,000. Imagine such a situation. Despite how low the reward could be, so many participants would be there participating in the bounty and at the end, they hardly get even a dollar. The reality here is that you are in a bounty that has $13,000 token allocation as at the time of bounty. After listing, the price drops, say like by 1/2 and the reward of $13,000 is slashed by the market value of the coin. If over 2000 persons participated, some would get around $5 or ore with their high-rank accounts, while those with low rank, if it's calculated by stakes, would end up getting less than $1 after weeks of labour.
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htsy585
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June 16, 2020, 08:30:39 PM |
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Probably you are just saying that, because your expecting too much on it. But for the people here who knows the cycle happening in cryptocurrency it doesn't mean the price is 1$ of each token while the project campaign was in progress it means true, of course not! I know when it comes to the actual price in the market that won't do happen most of the time.
Well, i agree with him though because whenever i open my sheet to view spreadsheets, i do end up seeing lot of tokens on there but the most annoying thing is that most of these project hardly make it to even exchanges. It is okay and normal not to expect so much from bounty hunting but it's really hurtful seeing the rewards you work for worthing nothing
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7788bitcoin
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June 16, 2020, 08:46:02 PM |
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~ Well, i agree with him though because whenever i open my sheet to view spreadsheets, i do end up seeing lot of tokens on there but the most annoying thing is that most of these project hardly make it to even exchanges. It is okay and normal not to expect so much from bounty hunting but it's really hurtful seeing the rewards you work for worthing nothing Think about the investors these shitty projects get simply because you are advertising about them in the social media platform and in the forum and if you think about the amount of money they loose because of your advertisement then no one here in this thread will not cry about these situations. If you are participating in any project to advertise them you cannot cry about the foul play because you have the option to have a background check about the team and the project before joining.
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Wayrey2020
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June 16, 2020, 09:21:39 PM |
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Rich in spreadsheet is a circumstances we can avoid to a certain percentage (%) Frankly, if bounty hunters become nosy, and dig up every details from each project before enrolling and conducting the bounty tasks, you have a higher percentage (75%) of joining good paying bounties.
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bitkanu
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June 17, 2020, 01:34:14 AM |
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You are somehow correct and i do believe that bouters should be paud more than that. I would suggest you to try joining social mining rather than bounties.
That has the same result as the common bounties. there was no a lot of differences and I have also tried to join in various platforms and the result depends on the price of token. This can't be denied as we are getting paid in the altcoin.
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radjie
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DGbet.fun - Crypto Sportsbook
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June 17, 2020, 03:25:30 AM |
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Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
there are already quite a number of projects that only give promises of large prizes before related tokens can penetrate the exchange market, and of course many prize hunters are interested in being able to promote related projects. the total amount of supply in the spreadsheet is largely incompatible with the market price expected by the project manager when tokens are distributed to participants, perhaps because sales targets have not been reached. therefore before participating in the prize program, it is better to do further research on the project's future goals.
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Dr.Osh
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June 17, 2020, 03:36:43 AM |
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Rich in spreadsheet is a circumstances we can avoid to a certain percentage (%) Frankly, if bounty hunters become nosy, and dig up every details from each project before enrolling and conducting the bounty tasks, you have a higher percentage (75%) of joining good paying bounties.
actually, everything will be fine when the price of a coin matches what they write. the only thing that makes us rich in spreadsheets is only when the coin is listed in a market, and the price falls even 100% of the ICO / IEO price.
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TWW
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June 17, 2020, 03:45:56 AM |
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Rich in spreadsheet is a circumstances we can avoid to a certain percentage (%) Frankly, if bounty hunters become nosy, and dig up every details from each project before enrolling and conducting the bounty tasks, you have a higher percentage (75%) of joining good paying bounties.
actually, everything will be fine when the price of a coin matches what they write. the only thing that makes us rich in spreadsheets is only when the coin is listed in a market, and the price falls even 100% of the ICO / IEO price. that's because their markets are not that good for early trading. it makes prices very easy to go down. but if they are listed on a good exchange it can strengthen their prices despite a gradual decline. just look at the cartesi project, after the distribution of phase 1 it seems that their coin prices strengthened because it was offset by some updates that were made.
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Greatdev
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June 17, 2020, 05:35:30 AM |
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It's certain that many bounties will fail but I'm not ready to go down because I promoted some projects and they failed, we can't always expect every thing to work out perfectly for us, that's not reality
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culuuton
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June 17, 2020, 06:05:54 AM |
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Each project distributes campaigns from several hundred thousand dollars to several million dollars through coins or tokens, of course we are very rich on spreadsheets ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I don't think we are baits, everyone is bound by the interests including investors, so we accept the game.
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leea-1334
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June 17, 2020, 08:57:30 AM |
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Think about the investors these shitty projects get simply because you are advertising about them in the social media platform and in the forum and if you think about the amount of money they loose because of your advertisement then no one here in this thread will not cry about these situations. If you are participating in any project to advertise them you cannot cry about the foul play because you have the option to have a background check about the team and the project before joining.
Exactly,,, think also about the massive work generated when spammers and scammers sign up to these bounties, creating tons of work for moderators and bounty managers and investors themselves who have to actively find out all the fraudulent signups and what not. This "work" is often just so poor, bring no value,,, it is so hard to justify these days.
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havoc928
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Decentralized Ascending Auctions on Blockchain
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June 17, 2020, 09:42:40 AM |
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Each project distributes campaigns from several hundred thousand dollars to several million dollars through coins or tokens, of course we are very rich on spreadsheets ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I don't think we are baits, everyone is bound by the interests including investors, so we accept the game. That's right! As a bounty hunter, we all know that we're not the one who creates the rules, we are the one who follows them. Therefore, the best thing we can do is to do good research in order to have a good project. After that, all we can do is to dedicate our efforts, do our jobs as good as possible. If we're working and worrying about the reward, we'll waste a lot of time on the way!
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