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Author Topic: Unrealistic bounty allocations  (Read 1523 times)
gunhell16
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October 26, 2019, 12:36:34 PM
 #41

1. I am looking for the budget first (honestly) if it is a good amount, big or decent!
2. Once i am good with the amount that is the time will look for the project and it team.
3.reviewing everything from them! whitepaper and everything! for now, I include also if they are on IEO.
4. Length of the campaign! is it okay and reasonable?
5. Soft cap reached is an addition!

 I am not into big budgets, as long as it is decent its all good!


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October 26, 2019, 12:37:48 PM
 #42

Would have been a different story if there is no scam projects in crypto space, very few projects are maintaining their ICO price nowadays all the rest are just based on lies, its better to stick with realistic offers and rewards, they fail less than bounties with too high rewards

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October 26, 2019, 12:49:16 PM
 #43

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?


Strongly agree. I wouldn't invest a dime in an ico or ieo that gives away most of it's tokens free anyway. This is just happening because the team cares only about raising money and not the the value of the tokens they give to investors; Hence they don't care about investors. If they actually would invest to marketing, they woud pay the marketing with something that already has value, instead of flooding markets with  tokens that has some made up value. But as they want to be cheap and greedy at the same time... This is the outcome.

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October 26, 2019, 12:52:40 PM
 #44

This is only a strategy to attract bounty hunters with a large allocation if calculated in dollars. Most calculate the highest price from the ICO or IEO pegged. In fact, after listing on an exchange, most of the prices are far from ICO or IEO, so the rewards obtained by bounty hunters become less valuable.

snip--
 i prefer already listed and trading projects, what about you? do you agree or disagree?
me too, prefer a bounty campaign where tokens or coins have been listed in the market, this gives a little hope, I can also monitor price developments and think how much I will get. Usually, tokens or coins that already exist on the exchange are stronger than the influence of dumps, because the market capacity has been formed, although not yet fully.

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October 26, 2019, 02:41:27 PM
 #45

I was looking on a bounty allocation before, way back 2016 but after i participate on numerous failed projects the bounty allocation don't make sense to me at all. i prefer to promote a project which i think have a good future in crypto space even if i get small portion of their tokens at least i didn't work for nothing.

 
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October 26, 2019, 02:53:46 PM
 #46

It has become very reasonable if the allocation and results of the bounty campaign are usually not in accordance with what was said from the beginning because usually when it is first time it is promised with very large results, but when more participants increase the results will be reduced because it is divided by other pesetas.
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October 26, 2019, 03:05:08 PM
 #47

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?


The allocation is not realistic anymore, I have seen the glory days of bounty hunting, on those days when they say that the price of their token is pegged at this price when it hit the market, it will be 20 to 50% higher, but not anymore instead of going up when it hit the market it drops to 50 to as low as 80%, the one thing that these risk taker investors are considering is the huge bonus, that will compensate their investment even if the price goes down.

If there are coins that are already in the market and they do bounty hunting consider it they offer a more realistic price for your effort.

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October 26, 2019, 03:16:00 PM
 #48

Not all bounty projects that offer high allocation to bounty rewards are unrealistic. Because it is based on their coin / token if the ICO price is 1 $ and they promise 500 coins per day, Their value is 500 $. But just because you said crypto is now in Bad season is one of the reasons that the price of coins you receive should not be 1 $. And all you can do is wait for the project's development so that their coin goes up and reaches their target ICO price, and you get your 500 $ bounty.
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October 26, 2019, 03:23:05 PM
 #49

Bounty hunters need to start demanding that they get paid in btc or eth, though I know that isn't going to happen because they aren't organized.  Getting paid in stakes isn't working out very well tho, is it?  It doesn't matter what the allocation is if either the bounty hunters get scammed in the end or if the tokens become worthless by the time they can be sold.

I have never and would never work for one of these projects, doing all their advertising up front and hoping to get paid at the end of it.  They project owners don't care about the bounty hunters, believe me and that's why there have been so many scams being pulled in the past couple of years since bounties got hot. 

In fact, after listing on an exchange, most of the prices are far from ICO or IEO, so the rewards obtained by bounty hunters become less valuable.
That's only one of the problems, tho it's a major one.  It costs the project owner nothing to pay everyone in tokens.  If they paid in a real cryptocurrency with a known value, maybe they would have more credibility...but they don't.
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October 26, 2019, 03:38:11 PM
 #50

1. I am looking for the budget first (honestly) if it is a good amount, big or decent!
2. Once i am good with the amount that is the time will look for the project and it team.
3.reviewing everything from them! whitepaper and everything! for now, I include also if they are on IEO.
4. Length of the campaign! is it okay and reasonable?
5. Soft cap reached is an addition!

 I am not into big budgets, as long as it is decent its all good!

Those are nice points before getting into any bounty but we need to get a concrete proof whenever softcap is reached as there are projects out in the market who give out false information saying they have achieved softcap just to pool in more investors and win the user's trust but refrain from giving out the wallet address. Length of the bounty sometimes depends on the region of the project origin like Russian bounties will always be a lengthy one compared to the ones based our of Singapore or Swissm

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October 26, 2019, 03:41:22 PM
 #51

I like bounty projects with huge bounty rewards or allocation, you will be able to get your hand on more tokens but the problem is they tokens might be worthless when they get listed on exchanges and most projects i have seen are not encouraging

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October 26, 2019, 03:53:47 PM
 #52

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?

I consider anyone promoting new projects because of the gigantic allocations alone as a newbie in bounty. Anybody who is reasonable enough will prefer to promote already listed projects, but if you can pick a few new unlisted projects to promote with a good vision, it's also cool. Provided the allocation is fair enough and the project is good from my personal research, then I'm in.
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October 26, 2019, 04:04:02 PM
 #53

I used to choose bounty campaigns with huge allocations before but I ended up with regrets. Those hundred thousands of coins are all worthless now. It's really better to promote listed coins because we could at least have an assurance of gaining something in the future. We have to check on the projects that we're promoting so we may not waste our time and effort.
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October 26, 2019, 04:04:49 PM
 #54

what exactly is meant by unrealistic? Is it because the bounty allocation is so big? or vice versa that is so small?
allocations for bounty campaigns many use tokens with speculative prices from their ICO selling prices. nothing is unrealistic. they don't spend big money paying participants using their tokens that haven't even been traded yet. but if you see projects that pay their campaign participants using bitcoin or tokens that already have prices on the market then you will see a small allocation. isn't that natural?
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October 26, 2019, 04:10:58 PM
 #55

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?



You can keep trying your best but bounty rewards are getting decrease daily. The market is reaching a certain level of saturation. There are already so many blockchain projects. But we have to see some progress some from some of them. Because people are slowly losing faith on altcoins.

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October 26, 2019, 04:11:49 PM
 #56

Wish we can keep seeing listed coins and tokens hosting bounty campaigns but none so far, the last ones i saw are veil project and callisto, they are better and guaranteed than new projects coming into crypto world this days

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October 26, 2019, 04:15:08 PM
 #57

It was only an initial estimate in which the project set the price of tokens to be marketed to investors. This price cant be a guideline for bounty hunters, because there is no guarantee after the project is completed and the tokens released to the stock exchange will remain the same. So what does a bounty hunter expect ?
The project has the right to provide a large allocation to the hunters, but it must be remembered that there are targets that must be achieved and not fixed as said. This amount can still be reduced if the maximum target to reach the fund is not reached.

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October 26, 2019, 04:22:57 PM
 #58

It would be nice to understand and for someone to explain How the initial price of the coin is formed and how the team of the new project evaluates the value of the token.  For the most part, these figures are far from reality and the whole point is that developers pursue the chain to sell air to investors as expensive as possible.

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October 26, 2019, 04:23:27 PM
 #59

Now I do not like projects that give big prizes and are not realistic, because the end is not good, for example the allocation that is cut at the end of the campaign, or even become a scam project that in the end does not pay at all. This incident happened to me. And now I prefer projects that are listed on the exchange, it's very difficult to find them

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TheBusstop
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October 26, 2019, 04:39:57 PM
 #60

I am on the same sheep with you on this. i like bounties that are trading already. what i don't understand is why people still believed that such price coming from a bounty will make such payment. it is impossible. it can never happen in this period. it never happen in the early and glorious days of bounty. not now. just ignore and forget it,
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