Unrealistic bounty allocations

[huu78]

I agree with you. I prefer registered projects and already listings in market exchanges so that the estimate that can be reached no-frills lying.
The existence of good projects is now hard to find because of the many scammers that exist in cryptocurrency. For that, it must be clever to contribute good so that our time is not wasted.

[1715205075]

1715205075

[inanilujimi]

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?

don't judge something from the front, maybe that word is suitable for bounty hunter now.
It must be remembered that a large bounty allocation is not a definite guideline for the project to pay for what was stated, it could just be a tool to attract bounty participants to promote their project.

[joseyphil82]

I am with OP points but bounty projects that are already trading comes out once in awhile, i don't want to wait around for months without taking the risks, some new projects still become successful so why not give a try? and if i come across any bounty thats already listed and trading i will gladly join

[Pamadar]

I am with OP points but bounty projects that are already trading comes out once in awhile, i don't want to wait around for months without taking the risks, some new projects still become successful so why not give a try? and if i come across any bounty thats already listed and trading i will gladly join

If there's any chance to get into project who already exists and provide good shares of bounty rewards is really acceptable, but also new project that have a good use along the way will also give good opportunities for the hunters who didn't failed to do their homework. Take your chance with participating with new project who provide realistic figures of rewards to shares.

[jessyj48]

Wish i can see developers that are giving away too many tokens in bounties and ask them that what is their plan? honestly when bounty hunters obtain too many tokens at hand they will dump when the chance is available and it will drag down the price

[HabiebRiziq]

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?

Yes, it is true that projects that have already been listed on the exchange will be better because we can buy and sell them. When compared to promoting new projects that are currently arguably very less profitable and some are just scam projects, so I will also choose to trade.

[DarkIT]

I think quite a lot of bounties offer very large prizes, and of course, it was done to attract bounty hunters to promote the projects they developed. if you ask what type of bounty hunter is the best, of course I would say that a good bounty hunter is one that supports a project based on the worth of a project.
No matter how much a project allocates funds for bounty hunters, but if it's a project that's not worth it, I think it will make the bounty hunter disappointed. when a project is worth and succeeds, of course the bounty hunter will be happy even though the allocation is not so great.

[tambok]

I am with OP points but bounty projects that are already trading comes out once in awhile, i don't want to wait around for months without taking the risks, some new projects still become successful so why not give a try? and if i come across any bounty thats already listed and trading i will gladly join

Bounty is good, but make sure the project is good too for us not to waste our time in doing it, if we will just join because of the bounty pool, then, 90% you are just wasting your time, a legit project will not give a high bounty pool as they are after the price and interest of the real investors, and hunters are just there to dump the price.

[sikke]

Nominal dollar amounts barely matter. You'd be lucky if the tokens distributed even had 10% of what is being promised.

The thing is that they are basing these figures off the ICO price, which in this day and age and climate of the ICO market rarely holds up after the ICO is finished. It is much more likely, especially for projects that need to do bounty campaigns in the first place to see significant decreases in value in their tokens in comparison to ICO price.

So yeah, I'd rather go with something with realistic long term goals as opposed to flashy headlines to catch the attention of bounty hunters.

[abel1337]

I am with OP points but bounty projects that are already trading comes out once in awhile, i don't want to wait around for months without taking the risks, some new projects still become successful so why not give a try? and if i come across any bounty thats already listed and trading i will gladly join

Bounty is good, but make sure the project is good too for us not to waste our time in doing it, if we will just join because of the bounty pool, then, 90% you are just wasting your time, a legit project will not give a high bounty pool as they are after the price and interest of the real investors, and hunters are just there to dump the price.

Yes, Many bounty campaigns proved that allocating a big amount of bounty will make the price go dump. Bounty hunter does sell the bounty at its early stage by the fear of the awaited dump.

Many bounties do some strategies by dividing the bounty distribution into many parts to avoid massive dumps. Most of the tokens today don't have a value on early phase of their development but If youre lucky enough the token you received might have a good value on the process of development. 

[xOdiumNostrumx]

As with most people here, the actual potential of the project is the main factor when deciding to join the campaign or pass on it. But on some occasions I am prepared to risk my work and my time for campaigns with very high allocations, even if those projects look sub-par, as there have been surprises in the past, when some of those kind of projects succeeded.

[pamsugas]

I have seen many campaigns with millions of dollars in prizes they have failed. it doesn't make sense if in the market now giving prizes up to millions of dollars. avoid joining the campaign is a waste of time.
for now taking part in a coin campaign that is already on the market is better than a coin that is not yet on the market.

[Kyraishi]

When you are talking about bounties, the gist of it is that you are basically going to have to spam promote several companies that you are working for, likely on a second or spare account (since no one will want to see you retweeting 50 ICO tweets a day), and then hope that one of the ICO's makes it big and you get your promised amount.

Over the past couple of years, I feel like there's been a large shift to the bad side and it's common to see ICO's fail, bounty hunters get scammed, and it makes these large allocations look like bullshit.

[crazy-pilot]

I always avoid projects with unrealistic rewards and always do research on projects. I participate only in those projects that seem worthy to me.

[btcdie]

the first thing I did before joining the bounty was seeing the allocation, and how crowded the project was. after that I started to analyze, because it was more important in my opinion. it's useless if the allocation is large, the price of the token is quite expensive, if it's all just a scam project. 

perhaps, projects listed on the exchange with real prices and volumes, will attract many participants / participation. so it's useless, as a bounty hunter only get a little.

[#Darren]

I believe that if a bounty programme has a huge allocation, it is the first sign of scam. Nowadays, no project can allow themselves to spend huge money on bounty programmes, when they are struggling to even collect their soft caps.

[funnec]

We have got too many bounty campaigns with unrealistic rewards. We just need to be selective when it comes to participating in a bounty campaign, else we will waste our time.

[masterrex]

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?

Great observation and thats true still many bounty campaigns today that offering a huge bounty allocation like millions of dollars, and you are right thats too good to be true! BTW after those my previous failed bounty experiences im now carefully selecting bounty campaigns that i like to promote, not in quantity but in quality.

[Mammothcoin]

I have noticed this too. Some projects claim to allocate millions of dollars to bounty campaigns. In most cases, this amount is unrealistic. I cant imagine a project thst isn't trading and yet to raise any capital to payout such. Most of the time it is just to bait bounty hunters.

[alexsandria]

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?

I partially agree, and I feel guilty as well. Because it is easier to cling on promises beforehand specially if you're just a typical person here in this community. Going around finding a project that it seemed will be going far away looking around the front end itself and then looking to spreadsheet if, and telegram if there's a lot of people are as well engaged to projec, that made me and the others as well forget to further analyze and research more in depth to avoid getting scammed.