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Author Topic: Bounty Campaigns now trial and error method  (Read 782 times)
Rodeo02
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January 15, 2020, 03:06:54 AM
 #61

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?
It is sad but we have to accept it because we all know that most of them are fail, so we have to choose the bounty more carefully. If teams have enough fundings before they look for investors, the bounty reward might be much lower and will you accpet it?
That was depend on the rewards given how low it is. If its lower than 50$ then i dont think there still people may promote that even they have enough funding and how good the project its still not worth it to participate if the rewards is that low.
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January 15, 2020, 03:44:09 AM
 #62

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.
This is the risk you take once you join a bounty campaign. It had always been since the beginning.
But unlike before, they could really raise large funds because of the small competition.


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.
Yes, they do have enough funds. But that is just for the initiation of the project and the ICO.
Payment for the team and employees and other stuffs.
Bounties are not included with it. They will get it from the contribution.

That is how it is, swallow it if the campaign fails to reach even a small cap.
It will feel better that way.
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January 15, 2020, 04:00:50 AM
 #63

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?
It is sad but we have to accept it because we all know that most of them are fail, so we have to choose the bounty more carefully. If teams have enough fundings before they look for investors, the bounty reward might be much lower and will you accpet it?
I think when the project had its own funds to develop their projects before seeking funding from investors I felt that the bounty reward that would be obtained was only in small amounts and we know that at this time it can be said that running the bounty is less promising if the project does not pay the hunters use btc or eth because we know that bounty hunters will not want to do something that is ultimately useless and they will certainly choose projects that dare to pay them using eth or btc.

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January 15, 2020, 04:04:08 AM
 #64


Seems you know how to detect good bounties but why promoting ridenode then? As slacking as i am i can never promote such project because the idea and use case is way off and won't help crypto space at all, there are few things to consider in bounty projects before joining

Why not? I consider joining this project as I can see the use case the may help the community not just the crypto space. That is what crypto for as well right? Adaption would one. But can you tell me, what are those things to consider?
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January 15, 2020, 04:36:40 AM
 #65

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?
If me act like investor, for now i am not really rely on ICO project anymore. Maybe project which not raise enough funds or not reach softcap is better because sometime they refund investor's money. And it is better than project that get minimal funds or their softcap and then not develop it well, it can make investor lose time and money.

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January 15, 2020, 05:03:29 AM
 #66

Project must have realistic target and release it at the right moment, those thing are crucial for developer. In investor side or our ( bounty hunter ) get the real information about developer ( road map, team, white paper ) is really important, from there we can make objective review about the project. Now project using popular coin as payment ( btc/ eth ) is more acceptable than new coin, I think developer should see it as opportunity to keep going ( adaptation ).

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January 15, 2020, 05:06:04 AM
 #67

Indeed many of us find such projects, should they extend the ICO time so that hardcap can be achieved instead of eliminating the trace until many parties feel disappointed because of the time spent so long, if I think this including scam projects as well as they are lost at the time the payout of the prize occurs, projects like this should be destroyed.

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January 15, 2020, 05:45:07 AM
 #68

yes, I also agree with this, that the team must confirm in advance that they at least have the funds to run the project. it will be even greater if the team does not depend on investors. so whether you can get investors or not, the project is still running. in my opinion there is no need to pursue a large total supply, but the liquidity of the token is the most important one after the token is released to the public.
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January 15, 2020, 06:23:53 AM
 #69

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.
Yes this is correct but most of the projects collect money first before creating an MVP being greedy is the main reason they did not want to pursue project if theres no money first, the bad thing is they want to collect millions of dollars but in reality they will only spend much little compared to the stated soft cap and about joining bounty do not join those project with no exhanger yet if you dont want to waste our time and effort. 

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January 15, 2020, 09:53:01 AM
 #70

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?
unfortunatelly, most of dev just wanna steal investors money. devs often dont care what product which will be given
so, MVP isnt given at the first, although there are many projects have been given by investors

in others side, built MVP also need money, no matter how small it is. and the money is got from investment
so, the project must get investment first then devs can develop the product itself

 
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January 15, 2020, 10:05:18 AM
 #71

I like short term bounties because they always round things up very fast unlike 8weeks bounties, the second thing to watch for is bounty allocations, it's better to promote projects that want to pay 50k nowadays than those that promise 500k rewards, honestly in this type if market it's not real

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January 16, 2020, 01:04:37 AM
 #72

It’s good to look for a project with the right team or partnerships, though sometimes these are hard to come by and some of them can still do a good job but just needs the opportunity to prove themselves, but the right team and partnership is a good start.

I have seen various projects that kicked off really good but coming to end they turned to something else and disappointed their investors. Even scam projects there are lots of these days that pretends to be legit and very good, everything about them will look so good and will deceive the investors and as time goes on they show their true selves.

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January 16, 2020, 08:26:14 AM
 #73

i'm sure when the project has enough funds then at least they will run a bounty campaign or anything with payments using bitcoin or other coins that have been popular in the market, that is a very good reason to prove a project has funds and not just build a trial and error project

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MiraMiraMira
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January 21, 2020, 01:25:13 PM
 #74

A very good idea. But most of the projects have a capital investment, they reward very little. As for the projects that raise capital IEO are almost not called on this market
stomachgrowls
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January 21, 2020, 08:06:20 PM
 #75

It’s good to look for a project with the right team or partnerships, though sometimes these are hard to come by and some of them can still do a good job but just needs the opportunity to prove themselves, but the right team and partnership is a good start.

I have seen various projects that kicked off really good but coming to end they turned to something else and disappointed their investors. Even scam projects there are lots of these days that pretends to be legit and very good, everything about them will look so good and will deceive the investors and as time goes on they show their true selves.
There are actually some good projects with good and legit team or devs but they do still destined to end up on failure.Why? They havent able to get sufficient support or funding

and instead those scammy ones had been funded for millions of dollars instead on the legit one.Finding a good project wont really be that easy and as of todays situation in regards of bounty
hunting where people do already lost up too much trust and we have seen that IEO is the new trend.Even how hard you do make that trial and error method, i would say it wont
really be that worth for your time.

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janggernaut
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January 22, 2020, 02:14:29 AM
 #76


Why not? I consider joining this project as I can see the use case the may help the community not just the crypto space. That is what crypto for as well right? Adaption would one. But can you tell me, what are those things to consider?
There are few things which you should consider before you joined on altcoin campaign/bounty. Make sure the bounty allocation isn't too high and for better result, join in bounty which in escrow.
smyslov
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January 22, 2020, 04:01:06 AM
 #77

Anything and everything about ICO bounty are all bad, when I was active I have compiled a long list of Shitcoins and they are still coming some of them I did not remember because they are sending my rewards after more than a year, some of the coins/tokens I expected to get did not arrive in my wallet, after the bounty campaign it's hard to keep up monitoring them because they delay the distribution or listing in the market.
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January 22, 2020, 02:38:46 PM
 #78

If you decide to join bounties just have it at the back of your mind that you might never get anything out of it and its better not to stop working on other bounty projects because if you rely on one project and it failed you just wasted your time, so to at least get something to safe your time try to join many other bounties too

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January 22, 2020, 03:41:15 PM
 #79

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?

They better raise funds privately and and when they have  the platform set up and coin already in the market, that would be the time that they can do bounty campaign for awareness, like what Emirex is doing right now, they are already in the market and they are doing bounty campaign and referrals contest.

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January 22, 2020, 03:48:08 PM
 #80

They better raise funds privately and and when they have  the platform set up and coin already in the market, that would be the time that they can do bounty campaign for awareness, like what Emirex is doing right now, they are already in the market and they are doing bounty campaign and referrals contest.

sounds good  but why not all can do this   ? maybe its not simple to do  . its hard to get discovered or sell your products if you wont market it   .and whats the purpose of marketing if they were already succesful because they already got alot of investors  and the coin is already listed  ?  this is why most projects do bounty first or wont do bounty anymore   . trial and error indeed for the hunters  if they want to  gain a valueale coin thru bounty  .
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