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Author Topic: WILL Bounty campaigns Ever Keep to their Rules and Regulations  (Read 1283 times)
TheBusstop (OP)
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October 18, 2019, 10:35:54 PM
 #1

Can we ever have a bounty campaign that stick to its Rules from the beginning to the end of the campaign. can that ever be possible just like the old days. bounty campaigns of early 2017 use to plead with participates. Ran a bounty of 3 weeks without any additional weeks. maintained a fixed number of token or pay amount without altering the total pay budget. stick to their rules of paying immediately at the stipulated time. Most of these projects are successful and remains top notch.

The truth about New projects these days is none of them are real. all are fake and copy cats. Knows that they have nothing to offer. they are just after the Money. if they are fortunate to raise the money, fine business starts.  but if not;everything scrap to the scratch.  it all depends on the money. money first. once it is realized, they do everything possible to protect the money not the project. from the project CEO to CEO. to the legal team and the rest.
Bounty participants are the LEAST in the list of Payment. before you join that bounty. Make sure you have the free time and won't regret in case target was not met.
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October 18, 2019, 10:42:30 PM
 #2

The truth about New projects these days is none of them are real. all are fake and copy cats. Knows that they have nothing to offer. they are just after the Money.
OK, all of this is true and if you truly realize it to be true you ought to know enough to get out of bounties all together.  The whole ico space has gone full scam as far as I can tell, and if you've looked at some of the scam accusations floating around you know that bounty hunters are becoming victims now.

Why people still join these things I don't understand.  How many times do you have to be screwed over to realize that bounties are just a waste of time? 

Can we ever have a bounty campaign that stick to its Rules from the beginning to the end of the campaign. can that ever be possible just like the old days.
I'm afraid it will never be like those old days again.  The project owners now realize that they can fuck the bounty hunters over with impunity...bounty hunters can do absolutely nothing about it and they keep coming back, saying 'please sir, may I have another?'.  It is truly pitiful.
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October 18, 2019, 10:49:25 PM
 #3

The answer is NO.

As you can see most of them always includes a rule that always reserve their rights to everything. That's why those old days will never happen again. The ICO market isn't like before and the bounties won't be like those as well.

Accept the fact that those days are gone.

EastSound
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October 18, 2019, 11:27:48 PM
 #4

Sorry but legitimate projects no longer need to make a bounty because they can go straight to exchanges for IEO's. Most of the bounty right now have a low chance of payment better stop participating because its a big waste of time and effort, you are even helping these scammers get money from unsuspecting victims.

That is why they dont follow or do what has been agreed, their primary intention is only to collect money.
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October 18, 2019, 11:30:50 PM
 #5

It depends a lot on the project and the team behind it. If they are a legimate project with registrations and legal documents filled, there are likely going to be forced to pay out promised amounts, etc.

If they fail their ico, or don't raise enough, or just go scam, do you really think they would waste their time to send out a thousand or so transactions of their worthless tokens, not the mention the eth gas costs.

It would be horrendous, we need more legal rulings so people can't just get screwed over by ico companies.

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October 18, 2019, 11:33:51 PM
 #6

this is a reason to immediately find another job.
The bounty is just an extra job and not the main one.

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joshua123
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October 19, 2019, 12:43:03 AM
 #7

Probably not. But if youre lucky, and found a good one that pays then good for you. The projects always delay with paying the hunters due to lots of factor such as price dump this is their number one concern here and sometime the checking of all payments too. Well that's life of a hunter, if youre not patience enough then youre not suited to bounty participants.

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October 19, 2019, 12:52:01 AM
 #8

Most of the bounty campaigns these days don't go by their rules and regulations. They put up disclaimer notices at the end of the thread saying the bounty manager has the mandate to change terms of the bounty if the need be. My advice to any bounty hunter is to read extensively about any project that they participate in and if in one way or another you are not comfortable with the rules just leave the campaign!

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October 19, 2019, 12:54:48 AM
 #9

Can we ever have a bounty campaign that stick to its Rules from the beginning to the end of the campaign. can that ever be possible just like the old days. bounty campaigns of early 2017 use to plead with participates. Ran a bounty of 3 weeks without any additional weeks. maintained a fixed number of token or pay amount without altering the total pay budget. stick to their rules of paying immediately at the stipulated time. Most of these projects are successful and remains top notch.

The truth about New projects these days is none of them are real. all are fake and copy cats. Knows that they have nothing to offer. they are just after the Money. if they are fortunate to raise the money, fine business starts.  but if not;everything scrap to the scratch.  it all depends on the money. money first. once it is realized, they do everything possible to protect the money not the project. from the project CEO to CEO. to the legal team and the rest.
Bounty participants are the LEAST in the list of Payment. before you join that bounty. Make sure you have the free time and won't regret in case target was not met.

Most of them do keep their words for bounty rules but if their project is a total scam, there's no use of the distributed tokens.
There are many other cases where the bounty users feels betrayed, sometimes project doesn't reach the softcap required for bounty distribution. Some project are withdrawn while some move forward with whatever they sold. Mostly bounty hunters doesn't get tokens and in rare case they do which is negligible. Eg. bitbond.
Sometimes they get the token but the token doesn't sees an exchange in their life, and sometimes the token doesn't even get a value of a satoshi.

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October 19, 2019, 01:02:38 AM
 #10

Not to favor the ICO space but there are still gems in the particular industry, but we can’t set aside the truth that majority of those projects fail or went rogue. I think ICO will be a better place again after Ethereum 2.0 implementation Vitalik is remodelling the crowdfunding scheme since most of the project use the Ethereum network.


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October 19, 2019, 01:31:24 AM
 #11

What do you expect mate. That is only a part time payment in the whole project. Bounty exist to create advertisement and promotions. Yes I agree, that it should be paid right? but in a certain marketing like big advertisement platform ask for a high price right? The process include quality checking in campaign and some of them did a piss poor job. So at least hunters will do is wait for payment considering they doesn't do an investment but a real quick task.

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October 19, 2019, 01:34:21 AM
 #12

From the start of 2018, this was the case of most of the bounties out there. unlike before, when the rules and regulations has been published,  no more changing of rules. sometimes when they are about to add some weeks on the given time, they add some tokens to the allocation.
but now, everything seems a joke. after you've done promoting their project, they will delay your due to the point that you will receive your rewards almost 6 months after the campaign was finish. also some bounties out there gives you  nothing in return.

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October 19, 2019, 01:42:15 AM
 #13

When it comes to bounty, bounty hunters are investing their time and effort so I believe that it would be really good if they will be paid on time with no delays however as you know the stereotype about hunters are they are just dumping the tokens/coins - over and over. But hunters should also understand that it is included on the terms that they can change the rules at anytime so basically we just need to follow what would be their rules cause by the end of the day, as you said, we are the LEAST on their priority.
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October 19, 2019, 01:44:44 AM
 #14

The thing is during 2017, the number of bounty hunters were lesser and there are tons of good projects and the ICOs success rate is high due to the bull market. Compared today, there are tons of bounty hunters making the bounty pool divided into sometims hundreds of participants and having a successful ICO stage at a designated time is not that high.

NathanJB
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October 19, 2019, 01:51:21 AM
 #15

You cannot expect an ideal environment in the bounty section. There will always be cheats, scams, and poorly-managed projects, managers, and rules. That is always the case in that section. Rules are changed all of a sudden, payments not paid or extended, bounty campaigns extended indefinitely, bounty reward amount changed, KYC suddenly implemented, spreadsheets not updated for weeks and months, and countless more problems.
Rodeo02
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October 19, 2019, 02:04:10 AM
Last edit: October 19, 2019, 02:29:53 AM by Rodeo02
 #16

Not to favor the ICO space but there are still gems in the particular industry, but we can’t set aside the truth that majority of those projects fail or went rogue. I think ICO will be a better place again after Ethereum 2.0 implementation Vitalik is remodelling the crowdfunding scheme since most of the project use the Ethereum network.


Those gems you mention is hard to find 1 over 10 possibility . This remodeling ETH 2.0 will be a good idea how ever its need to be much more secured for investors so investors will not be affraid to try this new token created by ETH platform .
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October 19, 2019, 03:29:00 AM
 #17

I saw a bounty and a friend told me that it was one of the best this 2019.
Minter bounty. They paid the participants after the 5 or 6 weeks of campaign in less than a week. They also provide the link to sell your tokens at ico or ieo price.
They had 50,000 usd worth of bounty campaogn just for signature alone and i saw the spreadsheet they had more than 400 participants

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Alluro
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October 19, 2019, 03:44:50 AM
 #18

That's right mate. The bounties have changed a lot right now. Because of there so many scam projects and we hard to find scam projects. That's why own researches are vry important. The next thing is most bounties have low allocation and getting a large number of participants. That means the rewards will be decreased per each participant. Some bounty hunters are cheating with bots and bounty managers are not going to take a action for them. Then we have to understand about to find legit bounty campaigns and avoid to scam bounty campaigns.
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October 19, 2019, 04:22:54 AM
 #19

Can we ever have a bounty campaign that stick to its Rules from the beginning to the end of the campaign. can that ever be possible just like the old days. bounty campaigns of early 2017 use to plead with participates.

Unfortunately, there is no chance that bounty campaigns can be back to those days when we can rely on the credibility of the people behind the project and running the campaign. These days people are more on what they can get and do not care if they bulldozed people to the side of the road, so to speak. I remember the days of 2017 where big projects really happen and many of them paid their bounty hunters well...but even then at that time scams were already rampant. These days, scams are still everywhere sadly we can't find good projects anymore even if we search the needle in the haystack.


The truth about New projects these days is none of them are real. all are fake and copy cats. Knows that they have nothing to offer. they are just after the Money. if they are fortunate to raise the money, fine business starts.  but if not;everything scrap to the scratch.  it all depends on the money. money first. once it is realized, they do everything possible to protect the money not the project. from the project CEO to CEO. to the legal team and the rest. Bounty participants are the LEAST in the list of Payment. before you join that bounty. Make sure you have the free time and won't regret in case target was not met.

Scammers do not care. To them bounty hunters are just another tools they can use to spread the buzz for the project. Sadly, even those that got the money, many of them are prone to be a scam as they now have the money under their own control they can run to nowhere and enjoy a life of abundance using the stash they got from the people. When we are dealing with scammers, we always lose at the end, wasting our time and effort for nothing. This is now the reality we have to face. And that is why I already stopped bounty hunting.


There will always be some changes in bounty campaigns, it always happen, it is to be expected since most of bounty campaigns wont be able to achieve their target's on the said date. They tend to extend or do another adjustment to at least get close to their goal.

There is nothing wrong with changing anything as long as everything is communicated to all stakeholders and that eventually the project will be paying the people who are toiling to make it more popular. We can understand that not all projects can be able to achieve according to plans so that changes can be necessary. What is worse is if the project is totally abandoned because the minimal cap is not reached and the team is not exerting the required effort to make the whole project a success.




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October 19, 2019, 05:14:11 AM
 #20

That's right. Most of project or bounty campaign change their rules any time that they want. And that is the biggest problem that every bounty hunters that hoping for the right and good bounty income but most of the time the salary and the number of post are usually change when the campaign is going on. So before joining in every campaign make sure that you make some research.
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