Why bounty budget is becoming too much low?

[sayaya17]

Yeah, for now earning from bounties relatively small compared to the heyday of 2017-2018 and I'm also not sure if the bounty will repeat its history like that year. Maybe if there are many investors who are interested again in the ICO / IEO project, that could have happened. However, the reality is that inevitably we have to live it with bounties that are very minimal or have other side jobs besides working on project bounties to make ends meet.

[thisnewcoin]

Millions allocation won't work anymore, you can't expect that bounty budget anymore. There was a time when bounty campaigns were very successful, the project used to raise good money from ICO and they paid well to its hunters. But as you know the ICO Era is over, so, you have to take this low allocation for now! I think things will be changed again, a good bounty should have at least 50-100K USD budget, not 10-20K! Whenever the IEO idea comes, good projects are reducing the bounty budget, if the bull run comes again like before, then bounty allocation may change again for good!

[killerfrost]

Because the current altcoin market is not as active as it was in 2017, and there are too many projects becoming scams. So investors are not interested in new projects, so bounty has also decreased and the budget is not too high as before.

[freedomgo]

I would prefer a small amount of bounty as long as you will be able to sell that bounty on the amount you expected it.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .

maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.

[adzino]

Their budget is probably the same. It is the amount of user they are willing to take. People over here seem to be working for those project even if they paid them a very little amount of coins that won't even cover the cost of their morning coffee. Thus, they are taking a large amount of people willing to work and then divide the rewards among the large base keeping the budget same. Thus, people are receiving less amount of coins per user. Even if they have small budget, people still wants to do those bounty program, thus the manager sees no need for increasing the bduget.

[TheUltraElite]

It seems like OP isn't aware that some bounty projects with 300k upward sometimes get lowered to 13k or 9k after they get listed on  exchanges, the last thing you should be worried about now is bounties allocation, quality of a project matters the most

Additionally when they get listed on exchanges the huge sell wall set up by the bounty hunters almost crashes the market. This leads to a lot of problems like people thinking that the project is scam reasoning to the selling or the exchange getting hacked one day with the coins lost because they were being stored on that site for years since 2017 and never reached any target price.

OP seems to have a grudge but does not wish to step forward to reply to the posts that were made, guess they were just padding their post count.

Of course it is normal to feel bad when a free source of money stop flowing but it is inevitable, just ask yourself.

[Rodeo02]

I would prefer a small amount of bounty as long as you will be able to sell that bounty on the amount you expected it.
There are bounties with big allocation but once you receive it, you will not get its good value, sometimes they'll dump even 10 times lower .

maybe we will be back in times where bounties are big but it definitely depends on the market movement, if its bullish it would likely to happen.

Well it depends how small it is , would you accept 10-20$ for 3 months promotions of course not. If you only join social media promotion then that payment is acceptable but if you participate in signature campaign and only recieve that small amount then  i will not be happy doing that again. Its the time you use for promotion plus effort given they should give enough rewards for the work you do .

[BlackFor3st]

Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?

This will surely change once we are in the midst of bull run, what I can see why genuine projects are reducing their bounty allocations is because they are afraid with dumps of their tokens.

Aside from that, they are force to reduce because of the market situation where there are only few investors who are active because of bear season. But it will change for sure especially in bull season as there are plenty of investors that will be active at that time.

[jessyj48]

Bounties with low allocations don't dump in value, that's why I like joining such bounty projects but its sure that the reward will be low, there are other few cases too that the project can 2x or 3x easily

[pealr12]

Bounty is not low rather still good  and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.

[perla]

Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?

Maybe, low allocation as long they really paid and the project is success will be more worth. Because bounty nowadays not really paid or maybe although they have high allocation, tokens can't sell in market or maybe not have any price yet. That is what make it worse.

[milewilda]

Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?

Maybe, low allocation as long they really paid and the project is success will be more worth. Because bounty nowadays not really paid or maybe although they have high allocation, tokens can't sell in market or maybe not have any price yet. That is what make it worse.

Common thing for most projects do end up on the same fate which they dont get any market value which means it would heavily affect its advertisers.
Low allocation or realistic one is much more worth compared to millions which had been promised.Although, payout will really just vary on the team itself
if they do tend to pay up their bounty hunters they will surely do it in the end of the day if not then they surely not consider on paying up on the first place.
ICO becomes shitty nowadays and these circumstances arent really surprising at all.

[janggernaut]

Bounty is not low rather still good  and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.

It's much lower compared with bounty on 2017 dude,where you can see they offer until $2 million as total bounty and a single person could earn more than $10000. Nowadays, i only see the altcoin bounty only offers 10k or 15k or max 50k dollar as total bounty

[bering]

Why most of the current bounty program have low budget maybe because the devs do not want to risk their money because still cannot able to get potential investors and second reasons maybe usually bounty participants get the coins or tokens for free with do some tasks and they will more likely dumped their coins after got listed into the exchange and with allocated low budget for the bounty then the devs can manage the price of coins with not too dumped at the bottom

[maydna]

Nowadays good bounties are very rare but when a good bounty campaign comes, their bounty budget is very low. When we are used to with 200K,300k to 1M USD allocated bounty, now we are seeing only 10K, 15K USD worth bounty. Do you think this situation will be changed? Or good time of bounty has ended?

Yes, the situation will be changed if the market can fully recover from the current situation. But if the market still the same as this situation, then we will not see the allocated money for the bounty will be bigger than now. The bounty will be in the crypto world because that is a way to introduce a new project to the public, and with money for the participants, that will attract people to join with the project and promote the project. People now are worried about investing in the new project because they see many new projects become a scam, and that is why the allocated money that is used for the bounty is not too big to depend on a few years ago.

[cryptoaddictchie]

Bounty is not low rather still good  and the reason why bounty becoming low is due to many participants enrolled in a bounty campaign. But sometimes campaigns with a big bounty pool are scam.

Bounty with limited participants should be a major protocol in altcoin campaigns. This is what the btc paid signature campaign doing. Imposing a quality over such quantity. Anyway altcoin needs much visibility which eithet include spammers off the charts.

It's much lower compared with bounty on 2017 dude,where you can see they offer until $2 million as total bounty and a single person could earn more than $10000. Nowadays, i only see the altcoin bounty only offers 10k or 15k or max 50k dollar as total bounty

Thats because before no one really knows that the market will go down and also this era has change so much. Many ICOs are taking advantage of too much investors input and worse is those investors are now wise to check and invest on new projects. Campaign will be hard to be an easy way money now. If I were you, shift to a more legit one altcoin cannot give you the same payment with tokens before that can earned up to 20k usd alone.

[jessyj48]

Presently Blockburn is doing bounty with 15k allocation and over 130 bounty hunters joined its signature, the allocation for signature campaign is just 3000k so well all participants share the pool only high rank members will get over 50$ and many will get only 10$ worth of tokens, I quit when I noticed this, way too low

[jessyj48]

I think its best that bounties with low allocation should have fixed reward not stake reward because the result will be unfair to many bounty hunters

[royalfestus]

I think the reward increase in bounty towards the last bull run by the ICO,  also the dimension of crowdfunding is changing we are no more in the era of ICO  with high competition for campaign/awarenes, so also is the size of fund reduced. The percentage of token offered for sale is also small. The staking idea had caused a lot of hoarding of tokens to generate scarcity, the idea is hoarding token at all medium even with bounty. Exchange dont encourage large bounty reward if they want IEO . Also investors are scared of big reward bounty projects. It is also in the early stage of cycle of cryptocurrency like in the late 2015/early 2016,so those value in bounty reward are capable of over 100-1000x and encouraging the needs to be conserve rewards towards the bull run.

[JeotQ]

Sometimes bounties with low allocation are the best because they always pay easily without the fear of dumpers, no way the price will get dragged down with low reward