Unrealistic bounty allocations

[Stanlo]

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

[DaMut]

Same here, I prefer to join a listed project with real value and volume other than participating in something that you do not know and giving us a big number based on their calculation.
there might be some projects out there that could give us more than the listed project, but it is hard to find because there are a few projects created daily. It is like finding a needle in the haystack.
There is one thing I have learned after participating in many bounties before if a project promises you more than $ 1 Million as a bounty pool. The chance for you to get something from it is almost zero. Because they do not care about the value of their token causing the investor to think twice before investing in this kind of project and the majority failed to meet their softcap and closing the business.

[Bttzed03]

I would prefer campaigns with coins/tokens already listed on exchanges. It has to have some decent reward pool and reasonable campaign period though before I would join.

Those high rewards and even the "no kyc" are currently being used to lure bounty hunters. Most of these ICO/IEOs will pull some trick during or after the campaign like KYC, reward pool reduction, delay in distribution, or locking rewards. It's an unethical way to do it and only ends up damaging the project at the end.

[Strongkored]

I always selective to join bounty but now I'm prefer not join even one bounty, it is annoying to report all the task.

For unrealistic rewards is depend all bounty hunters mindset.

Some will say they will not follow bounty where the prize is unrealistic, but surely there will be those who think that joining the bounty with a small allocation will only make you tired because of the small value obtained.

[Furryball]

This giveaways for promoting projects are too good to be real offers in this present state of crypto market, i will surely turn away from such bounty project if i see one, it means they have no plan to make their coin or token valuable, they will worth almost zero even if it eventually get listed

[Alluro]

I have seen some bounty campaigns offering a large number of rewards. But it is not a good idea to future of project and bounty hunters. Because the bounty hunters cannot expect same price when will be listed on exchanges. A large number of reards means the bounty hunters are selling the rewards for low prices. The next thing is the project is losing investors. Because the investors need profit. They are not investing in without research.

[kaneki007]

That is very often by some projects because they want many participants to join their bounties by giving unrealistic allocations. And i often join bounties that have large allocations but when entering the market their tokens are dump or locked for several months

[ecnalubma]

Its a marketing strategy, the allocation might be true but after the ICO (if successful) the market will still dictate the prices. Better choose wisely the right project to participate to minimize wasting efforts, due to its hard to anticipate sometimes your expectations will not match to the outcome.

[perla]

Honestly, i usually look for big allocation in bounty campaigns. Although know if it is not means the real price, it said that it is on their ICO price allocation, i still join it. My hope is someday i can get bounty campaign that really give big rewards for people, or maybe really reach their ICO price so we can get exact amount like what said on their thread.

[zeze18]

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

In late 2017, those rewards maybe real because there are many projects that gives thousands dollar to each participant.
but in current market condition that's almost impossible, maybe that value just their team estimation but when it enter the market , the value could be drop for more than 90%

[DeepChipolino]

First of all, I would like to promote real projects whose teams are focused on the long term. It seems to me that it is strategically correct to contribute to the development of the entire market, and not to chase easy money here and now.
But while my result is fun: I have not earned here, and the market is in stagnation 

[kolonel_x]

Honestly, i usually look for big allocation in bounty campaigns. Although know if it is not means the real price, it said that it is on their ICO price allocation, i still join it. My hope is someday i can get bounty campaign that really give big rewards for people, or maybe really reach their ICO price so we can get exact amount like what said on their thread.

For now it is difficult to find with large allocations but the real results, even though written in millions of dollars in the bounty campaign are only to attract the hunters, why the results are not balanced with what is said on the thread because after the price entered the exchange is always destroyed not even realized by the developer.
so the bounty income is not much in accordance with its work.

[Zeke_23]

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

In late 2017, those rewards maybe real because there are many projects that gives thousands dollar to each participant.
but in current market condition that's almost impossible, maybe that value just their team estimation but when it enter the market , the value could be drop for more than 90%

It was 2 years ago where we can still see a project like this with a huge allocation for bounty campaigns.
Where it is still possible for them to raise up to their target funds during ICO. Nowadays, these rewards are impossible to allocate in bounties. They can't even raise a proper money to fund the project.

[semobo]

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

Its hard to find a project which already listed their token into any real exchange so the hunters were just running with the ICO value but the real price after hitting the exchange won't even 10% of price value from what its been said on the ICO value and the huge discounts will make more worse so better avoiding these projects.

[ReiMomo]

The reason that bounty hunters now are always afraid of joining the bounty program. Just like what happened to me last year. I have been joined various bounty programs but I did not yet get any profit until now and some of them disappear and abandon their project and running out the collected fund. So, I won't be wasting my time now joining bounty unless if they are already listed project and have potential about their project.

[CryptoBry]

I would prefer campaigns with coins/tokens already listed on exchanges. It has to have some decent reward pool and reasonable campaign period though before I would join. Those high rewards and even the "no kyc" are currently being used to lure bounty hunters. Most of these ICO/IEOs will pull some trick during or after the campaign like KYC, reward pool reduction, delay in distribution, or locking rewards. It's an unethical way to do it and only ends up damaging the project at the end.

Yes, of course, projects which are already listed and traded on some exchanges can be considered as valuable and joining their promotional bounties can be a good decision. I used to be joining projects like that but at the end of the campaign I just received a minimal amount of remuneration all because the projects attracted a horde of people like me. You can say that projects like these can be solid and since they are already on exchanges, once you get your share then it can immediately be liquidated...but what can be its advantage if you will be  receiving only $10 worth of tokens?

In other words, everything can be a risky proposition. One may choose which can be the best among the list of available options. The fact is nobody can really predict which coin/token will make it to the real world. In my experience, there were projects I personally rejected which turn out to be big winners in different exchanges.

Now, it can not be denied that there are bounties and their team who are good at marketing their project even to the point of using hypes and half-lies just to attract people into their respective sphere. Some can really be good at presenting things in different ways and varying views with the ultimate goal of persuading us to join them. Many of these slick talkers are just that and nothing more so we have to be careful.

[NathanJB]

Do not just look at the bounty allocation. That is a wrong way of choosing your bounty. You will always end up scammed if that is how you assess whether the bounty is worth taking or not. Beyond the allocation, you should learn to get yourself familiar with the project itself. The most important factor is that the bounty is a bounty of a project that has a bright future. That the coin you will be receiving will still have value after months and year.

[poptok1]

[snip]
Now, it can not be denied that there are bounties and their team who are good at marketing their project even to the point of using hypes and half-lies just to attract people into their respective sphere.

That's very generous when you say "some of them". As horrible as it sounds, I say that, unfortunately, most are in serious exaggeration of those half-truths and blunt lies. Market is so damn oversaturated with really pointless coins, that it boggles the mind.
Good stuff is buried under all this nonsense, to a point of people being unable to recognise it. Listed on exchanges or not, most new projects are gravitating towards "shitcoining" in a jiffy. Everywhere I look, stuff is being promoted with some ridiculous bounty and at the end of the day, it's all turning in to near worthless dust, that only pollute the wallet. My advice is, do not enclose yourself in the informational bobble of any project, this may save you some time at lest.

[JC btc]

That's one of the the reason why bounty hunters should learn how to investigate projects too, they should not just basing it to the bounty pool, how much possible they can get, especially if it is too big, or too good to be true. Learn how much is their target capital to raised too, is their project already working, or they are just also relying on how much they can raised in public.

[DabsPoorVersion]

What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...



Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?

Its hard to find a project which already listed their token into any real exchange so the hunters were just running with the ICO value but the real price after hitting the exchange won't even 10% of price value from what its been said on the ICO value and the huge discounts will make more worse so better avoiding these projects.

Most of the project always starts with having an ICO, it's really rare to see a coin that was already in exchange, if this will happen, there are chances that it will fail since ico is being undergo to raise funds for the development of the project and also to gather a community to support it.