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Author Topic: Top exchange listed bounties is getting sucks  (Read 1125 times)
Bitbtc8
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April 27, 2020, 06:10:31 AM
Merited by Novatech8 (1)
 #1

Is it just me thinking this way or there are other people on here thinking same way? Listed bounty campaigns are getting annoying this year, blockburn postponed payout to bounty hunters, Cartesi split payout into three phases and distribution starts after 30 days of listing.

Too exchange like binance for that matter, bounty allocation was damn low to begin with, I start promoting listed bounties this year because of 2019 tachyon protocol success that lay as a lesson to me but things aren't going as I thought. Harmony one did bounty year ago and I heard they distribute in batches too, price already go down before bounty hunters get their payouts, how is this any fair ?

Please drop your thoughts

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April 27, 2020, 06:13:54 AM
 #2

They are not prioritizing their bounty hunters instead they focus on the investors and that's why if not delayed, they are sending the payment of bounty hunters in batches.

I think that's the strategy that they have come up with to avoid the continuous dumping whenever the hunters receive their reward. There were bounties that do have a lock-in period that bounty hunters who have received rewards can't even sell it right away.


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April 27, 2020, 06:19:18 AM
 #3

They are not prioritizing their bounty hunters instead they focus on the investors and that's why if not delayed, they are sending the payment of bounty hunters in batches.

I think that's the strategy that they have come up with to avoid the continuous dumping whenever the hunters receive their reward. There were bounties that do have a lock-in period that bounty hunters who have received rewards can't even sell it right away.

Very true. Being listed on Binance exchange is an advertisement very few of the projects would ever receive. The ones listed needs no advertisement as all of it's issued tokens on IEO are sold in matter of seconds. That's why they allocate less amount for other  bounties. As for the bounty distribution, it depends on their term.


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Doranile432
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April 27, 2020, 06:19:46 AM
 #4

Nothing we can do to stop this, Cartesi meant no harm but to limit dump rate, what binance is capable of is making sure that a project gets hardcap target, Cartesi meet hardcap so relax, after the big dump the price might surge, too early to judge now
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April 27, 2020, 06:24:19 AM
 #5

Dont expect much developers or management to give a smooth payment terms to bounty participants. Its not that they are required to follow schedule for hunters. Remember bounty is just a promotion and learn to accept fate with whats happening. You did not pay any money to have those valuable tokens. Yes example is cartesi, they will distribute on 3months duration but this is okay at least they are gonna pay you conpared to those other bounty out there. Tachyon protocol made a huge payment on hunters so not everybody can experienced a good payment so be fortunate that you did.
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April 27, 2020, 06:29:39 AM
 #6

Project team aren't the same, not all team will respect bounty hunters work, tachyon protocol did very well but do not forget that bounties are promotions, we pay nothing to get paid, those who invested in Cartesi IEO get good ROI and that's what binance and top exchanges are good for

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April 27, 2020, 06:45:06 AM
 #7

Is it just me thinking this way or there are other people on here thinking same way? Listed bounty campaigns are getting annoying this year, blockburn postponed payout to bounty hunters, Cartesi split payout into three phases and distribution starts after 30 days of listing.

Too exchange like binance for that matter, bounty allocation was damn low to begin with, I start promoting listed bounties this year because of 2019 tachyon protocol success that lay as a lesson to me but things aren't going as I thought. Harmony one did bounty year ago and I heard they distribute in batches too, price already go down before bounty hunters get their payouts, how is this any fair ?

Please drop your thoughts
Delay distribution is a very normal thing in this market. I have seen hundreds of bounty have delayed distribution in 2019 so I'm not too surprised. And for cartesi, they have scheduled it before they IEO in Binance, and if you take a hard look at their bounty topic you will see it.

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April 27, 2020, 06:52:51 AM
 #8

I understand you are worried about more dump in value before the first round of the distribution gets here, but even if Cartesi gets dump to IEO price of 0.01$ you will still get something, not getting anything in return is crime here

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April 27, 2020, 07:09:40 AM
 #9

Delay distribution is a very normal thing in this market. I have seen hundreds of bounty have delayed distribution in 2019 so I'm not too surprised.
I have also seen more than hundred bounty projects that do not pay, and investors receive no ROI, they just make an exit scam and close their bounty group; I think many bounty hunters will prefer delayed payments to no payment at all.

If OP is new to altcoin bounties, then he should get used to all this, you will be lucky to get a bounty that will succeed, it doesn't even matter if they delay distribution or not, majority of the coins will be worthless or the project itself a scam.

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April 27, 2020, 07:20:51 AM
 #10

Even though this distribution method made by the project teams does not seem to be right from the perspective of the user, they actually have to make a decision in this way. Especially at the end of 2017, many projects were distributing at the end of the campaign and as a result of these distributions, prices decreased rapidly when the transactions started. The team makes distribution in this way for this reason. If distribution is made on the day of listing and payment is made to all users at the same time, such a solution has been found as the price will drop rapidly. If this event is only applied for bounty campaigns, it is still not something. UBEX ICO distributions, which I have joined before and which attracted a lot of attention, were also made in this way and caused very high damage. So, giving money and enduring this disgrace is another problem.

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April 27, 2020, 07:30:31 AM
 #11

Is it just me thinking this way or there are other people on here thinking same way? Listed bounty campaigns are getting annoying this year, blockburn postponed payout to bounty hunters, Cartesi split payout into three phases and distribution starts after 30 days of listing.

Too exchange like binance for that matter, bounty allocation was damn low to begin with, I start promoting listed bounties this year because of 2019 tachyon protocol success that lay as a lesson to me but things aren't going as I thought. Harmony one did bounty year ago and I heard they distribute in batches too, price already go down before bounty hunters get their payouts, how is this any fair ?

Please drop your thoughts

The price in the market in my opinion depends on market participants or investors. The developer team will certainly have their own mechanism to protect prices in the market and avoid dumping in the market. One of them is by several stages of payment or maybe locking for some time
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April 27, 2020, 07:51:40 AM
 #12

I just don't really understand it when they do such crazy things.
They have the rights to change it but, it's like saying they have weaknesses too.

Let the bounty hunter have that 1 percent or 2 percent of the total pool.
That is just a small price to pay.
If they sell, then just buy it back to raise the value of the coin again.
I have seen some projects did that before. There is no problem with them. $20k buy back every month is pretty neat.
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April 27, 2020, 07:58:09 AM
 #13



It has been that way back in 2017 as well. If you have been here that long the project DECENT distributed their bounty tokens almost a year.  There were lots of complains because it was the time where all are bullish. I think they distributed their tokens when the price finally bear market started. How is that for someone who expects to get paid in full.

Cartesi seems to have a good future and if they are planning to buy back from the market, 3 phases will b a good plan.

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April 27, 2020, 07:59:15 AM
 #14

I also bounty hunter but about allocation I do not agree with you. As bounty hunter we should know about their rules specially allocation for each campaign. If we are think it just little and not worth it we can skip that project. And about other rules just remember they can change it anytime so as bounty hunter maybe sometimes we not lucky but we smart enough before join or not and accepted anything even bad thing at the end.
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April 27, 2020, 08:16:19 AM
 #15

Maybe because most of these project owners are used to having bounty hunters dumping their tokens, just like what happened in the past years however they have to understand those bounty hunters helped the project's marketing however hunters should also understand that when we joined any bounties we are abiding by their rules that anything can change.
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April 27, 2020, 08:20:58 AM
 #16

Is it just me thinking this way or there are other people on here thinking same way? Listed bounty campaigns are getting annoying this year, blockburn postponed payout to bounty hunters, Cartesi split payout into three phases and distribution starts after 30 days of listing.

Too exchange like binance for that matter, bounty allocation was damn low to begin with, I start promoting listed bounties this year because of 2019 tachyon protocol success that lay as a lesson to me but things aren't going as I thought. Harmony one did bounty year ago and I heard they distribute in batches too, price already go down before bounty hunters get their payouts, how is this any fair ?

Please drop your thoughts
I also don't like batch distribution, it can't solve the token crash. Even many projects collapsed before bounty distribution was like blockburn. And if you cannot accept this problem then I think you should participate in payment campaigns with BTC, the price will always be stable.
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April 27, 2020, 08:26:35 AM
 #17

If Cartesi is good enough they shouldn't be worried about dump in price, Tokoin has huge demand on KUCOIN and they distribute to bounty hunters still the price didn't fall, same thing happened with Tachyon protocol

irixo10
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April 27, 2020, 09:14:19 AM
 #18

From one angle I will say the distribution in batches or lockup as the case maybe is to protect investors, that's what they want everyone to believe. But sometimes it only favours the team because, when distribution is done most of the times, the price would have gone down low and depending on how good the project is will determine what the bounty hunters will be left with. The only good thing there is, if the project is on top exchanges, then there is every chance that bounty hunters will get something manageable at the end.

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April 27, 2020, 09:34:30 AM
 #19

we cannot do anything about that... they want to avoid the dumping of coins.. specially those projects that have potential..
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April 27, 2020, 10:16:49 AM
 #20

Is it just me thinking this way or there are other people on here thinking same way? Listed bounty campaigns are getting annoying this year, blockburn postponed payout to bounty hunters, Cartesi split payout into three phases and distribution starts after 30 days of listing.

Too exchange like binance for that matter, bounty allocation was damn low to begin with, I start promoting listed bounties this year because of 2019 tachyon protocol success that lay as a lesson to me but things aren't going as I thought. Harmony one did bounty year ago and I heard they distribute in batches too, price already go down before bounty hunters get their payouts, how is this any fair ?

Please drop your thoughts
FYI, blockburn is a scam project. Tachyon was doing even better than cartesi. Tachyon distributed all of the reward instantly without try to split it into the few phases. The very bad thing from the bounty campaign is there was a rule of the team can change the payment anytime. This is the worst thing int he bounty.

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