Bounty Campaigns now trial and error method

[Republikcoin.com]

many teams do this first, but that also doesn't guarantee the success of a project. Well, I think that's a pretty good idea, it's just that the expenses for the development have actually been done to hire teams, do lists for IEO, coin making, and so on. if they already have the funds, they can develop their project and sell the product when it's finished without looking for investors. but, investors are really needed for something like this.

[luckyflop]

Hi All,

This is not about scam projects. This is about the projects which fail to raise enough funds due to what so ever reasons. When bounty hunters work for weeks and at the last moment project announces that they can no longer run it due to insufficient funds raised, its nothing but a waste of time and energy for us.
In my opinion, should project teams have enough fundings before they look for investors? What is called MVP is very important for the users to check for before investing.
MVP will ensure that even if funds are not raised as expected, it can be delayed but not dead.
From your point of view, what other points are there which projects and investors both look for?

We know that MVP will help a project succeed or fail. But very few projects have an MVP before launching an ICO or an IEO, because those projects do not have any budget to implement their idea. So they need to call on investors through ICOs or IEOs, but unfortunately the current market is too boring and previous ICO projects have become scams. And it strongly impacts current new projects, investors are scared and do not dare to invest in any new projects today.

[HabiebRiziq]

Not really a trial and error method but I must say that we should always pick the best quality of a project. Most bounty hunter prefers quantity over quality because they didnt knew what project will succeed or give them profit. I do the opposite, I prefer quality over quantity. Even I only do one bounties, it doesnt matter as long as that I believe in that project will succeed.

What you say is true that the quality of a project is better than the quantity. But for the time being I find it difficult to find good projects and also because we know that in the past year many projects ended in failure due to scammers or softcap not being achieved, I think this has an impact on projects that have good quality and maybe the project should have their own funds to be able to develop the project because I think at this time it will be difficult to attract investors.

[ven7net]

Hi All,

This is not about scam projects. This is about the projects which fail to raise enough funds due to what so ever reasons. When bounty hunters work for weeks and at the last moment project announces that they can no longer run it due to insufficient funds raised, its nothing but a waste of time and energy for us.
In my opinion, should project teams have enough fundings before they look for investors? What is called MVP is very important for the users to check for before investing.
MVP will ensure that even if funds are not raised as expected, it can be delayed but not dead.
From your point of view, what other points are there which projects and investors both look for?

The fact that the projects could not raise the required amount does not relieve them of responsibility to the participants of their platform. I have already watched many times how the project conducts fundraising through ICOs or IEOs and they all seem to be fine, but there is one thing, but they do not publish information about their current fundraising anywhere, which already cast doubt on their entire work. And as you noticed at the time of graduation, they suddenly remember that everything is bad with them. I think this is also a hoax. Indeed, there are a lot of factors for which a particular project is not worth our attention, and it is very bad that the admins of such projects themselves do not think about it. The main thing for investors and participants is to be honest with them.

[Captain Corporate]

 This is why everyone is afraid of working for them and they are finding harder for bounty stuff. Many people have fake twitter accounts that doesn't really mean anything, many of them got fake follows and eventually they are just charging the bounties for money that goes to nothing and they in return get nothing as well. I mean think about it, they deserve each other so well, there is this one twitter account with 15000 fake followers, whatever you share there goes unnoticed and doesn't help anyone, than there is this new coin coming up that will worth zero, so the coin owners give the zero worth worthless coin to people with fake followers who will do no good to them and they both end up with absolutely nothing.

[ballerin and giroud]

There will not be bounty campaign if the project has a lot of money at least they have fund for promoting stuff. IEO/ICO is the way for some project to raise funds in order to their project can be run correctly.

Maybe you need to try to join signature campaign which paid in bitcoin. Because this kind of project will be have the fund first and they use this forum to promote their project. Indeed, it will be difficult for bounty hunter if they are try to promote the project that can't paid them. And I think you should be familiar with this thing especially when you try to promote a project through bounty campaign.

[pikkie]

Not really a trial and error method but I must say that we should always pick the best quality of a project. Most bounty hunter prefers quantity over quality because they didnt knew what project will succeed or give them profit. I do the opposite, I prefer quality over quantity. Even I only do one bounties, it doesnt matter as long as that I believe in that project will succeed.

What you say is true that the quality of a project is better than the quantity. But for the time being I find it difficult to find good projects and also because we know that in the past year many projects ended in failure due to scammers or softcap not being achieved, I think this has an impact on projects that have good quality and maybe the project should have their own funds to be able to develop the project because I think at this time it will be difficult to attract investors.

when there are no funds to build their project, they should be able to think to be able to create a project that is really useful for many people because when the project developed is very good and very useful, investors will come by themselves and there will certainly be a lot of funds collected from investors .

[Xsinx]

Choose wisely and don't just joined any campaign that being announce in the bounty section. Don't be like those bot-like users that are joining all bounty program specially the social media bounties.

It always pays to read their ANN thread, if you see a tons of newbies spamming a thread then its an indicator that the ICO project owner hired paid bump bots and only SCAM project do this kind of  spam activity.  

[BitcoinHunt3r]

In my opinion, should project teams have enough fundings before they look for investors?

Yes, maybe with that they can attract investors so maybe that investors will see if the developer serious with their project, or at least have some efforts to their project not only focus on investor's money. And maybe developer's money can be backup if maybe something unexpected come.

[Meowth05]

There are a lot of indicators that we can look for a project to ensure the success of project, from team members, project itself, whitepaper, roadmap etc. but still we can only identify if the project will run or not until the end of sale even with a working project before raising funds is still not an assurance for success. So with the title of this thread, Bounty and ICO/IEO or whatever it is, it is still a trial and error.

Very well said. Even if we conduct some research on the project we are going to engage in it is still a gamble. We cannot fully tell if the project is capable to finish the crowd sale within the given time frame or they will able to reach their target cap. I've seen a lot of projects had a good start, have a good team, whitepaper and more but for some reason, some of them are still failed. Moreover, even if they successfully finish the next problem will be to enlist their token on exchanges which commonly takes a lot of time. Hence, I do believe that bounty campaigns are definitely a trial and error.

[Landak]

even if the bounty get paid but the project fails, the token that you get will only become junk in your wallet.
and also, if the project already has start-up capital, let's say a reserve money when it fails to raise funds. then the project, I'm sure will not do a bounty campaign.
the project is getting worse if the reserve money is only to pay bounty participants while the project itself fails to collect money from IEO/ICO.
sometimes a successful project not necessarily bounty hunter will be paid, if paid sometimes the distribution will be delayed.

From your point of view, what other points are there which projects and investors both look for?

the general point sought by the project is to get as much funding from the investors. for investors sought profit from bonuses/discounts during the sale period (IEO/ICO).

[Obito]

That is the reason why they do need to run initially, to raise fund. They are seeking for fund to cover the project necessity and bring it to the next level they can do. Besides everybody has the capacity of covering necessary funds, and even if so they do have sufficient fund there is still no guarantee of success. Problems might occur from nowhere.

[kodtycoon]

still the most important thing is about funds, no matter they run a trial and error project, because when they have a lot of money or capital, the success of raising funds from investors is not their main focus because what they have to prioritize is to pay campaign participants for their work done

[distr@yopmail.com]

still the most important thing is about funds, no matter they run a trial and error project, because when they have a lot of money or capital, the success of raising funds from investors is not their main focus because what they have to prioritize is to pay campaign participants for their work done

before they get funds from investors they have to make concepts and promotions that are serious. no investor will invest in the project by trial and error. the hard work of creating a platform must be done from the beginning, even in their platform planning process.

[Dart18]

Lol.
The title was funny.

Trial and error. Seems to be like that. I avoided ICO nowadays. Before I was joining bounties and also getting hooked in telegram group talking about increase after the listing. But repeatedly in different ICOs all of them were dumped.
It somehow gets me mad but you cant do anything about it.
So I stopped.

[Ferris419]

That's why you have to do several bounties at the same time, because not every good project can raise enough funds. It's normal that if a project can't get the soft cap then there will be no payment for bounty hunters. Yes, you have a point that bounty hunters' hard work will go in vain, but think about the project owner's and team's members' situation. They are more hurt than any bounty hunters, right? So, I don't see any problem here.

[socks435]

This is how they work if their project is not success they will leave or if they actually made a project just to sell them and run those project are made only for scamming purposes. I can't find any good or trusted campaign nowadays unlike before that you can trust many ICO project because after the end of sales they are listed on some exchanges where you can sell the reward you earn during bounty campaign. Right now they are now rarely to find a good ICO project and if you join and promote them until the end of sales without receiving rewards you are just wasting your time promoting them.

Much better to look for a bounty campaign which is paying with major coins ETH,XRP, BTC or any top 10 coins on the market.

[acdc]

No one can catch a project with enough money before attracting investors, every bounty hunter needs to make a judgment before deciding to participate in a program. Researching the development team, products, media sites will help hunters avoid bad projects.
Besides, if the project cannot attract investors in the beginning, they will fail whether they have MVP or not.

[duuuuude]

In any case the trial and error method continues because it is difficult for companies to make an accurate development forecast. In addition to lack of funds, there are many other factors that can slow down the process.

[magnum cyber]

as we can see that the current market situation really doesn't support much about the altcoin market, especially with projects that use the ethereum erc20 platform that doesn't work well, many tokens are worthless, don't have exchanges and even products don't work with well. maybe another problem because investors are now starting to wane, are reluctant to invest in ico and prefer to wait until the market actually improves.