Limited participants is the best option for bounty campaigns this days

[Kvalentine]

It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....

[1715289426]

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[monineklutak]

It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....

I think at least 100 participants would be better, for the signature campaign, and for the social media campaign it seems that it needs a higher limit, because now a lot of bounties are specialized only for social media campaigns

[Balladtony77]

Bounties don't have to be in fixed allocation so that every hunters can get good or fair reward, limited participants is all the answer we need and I've seen few bounties doing this like Cartesi and Spyce bounty but don't think that bounties with limited participants are good

[kindbtc]

Especially if the reward is not big enough then limiting the number of participants is a good option so that each participant can receive a decent reward in the end, keeping campaign open will potentially make it very difficult for participants to receive a decent reward because it will be diluted by thousands of participants and it will not be worth time and effort.

[forexandcryptoauditor]

If rewards are fixed then it doesn't matter for bounty hunters if participants are more or less. For stake allocation it's good to have less participants. But from project perspective this is not good strategy.
For example íf 5% is allocation of bounty pool, then why projects wants limited reach? Within the same budget, if more participants are workiñg on campaigns, off course the reach is vast and can attract more investors.

[FairUser]

I completely agree with this idea, we should limit participants just like Bubalex did. He protects the rights of the participants and ensures the participants receive a great amount of money. Other managers should look at it and learn from him, very professional and fast

[electronicash]

depends to the team but  they need many participants for promotion to get noticed in the community. they will accept as many as they want.

the rewards in altcoin bounty campaign depends to how long you will hold the tokens til the price goes up. it doesn't matter whether you only got 50 tokens after the campaign but its the wait that you need to get more. if you have a million of tokens but you sold it while the price is 1 satoshi then its worthless.  the tokens has to serve like you invested to it.

[ije07]

It should be like that, with limited participants the prize hunter will get a big prize if the project is truly successful in the market. especially in the signature campaign section, for example like the project that I participated in was a good project, even in a few weeks this project could attract hundreds of participants in the signature slot section.

[skarais]

Having many of participants can promote the site or project is an advantage for the site or project owner but this is not what many bounty hunters want. The main reason is the small amount of token or coin each participant get because the allocation must be distributed to thousand of participants, especially on social media campaign.

As experience, I have seen a number of valid bounty programs that have a limited number of participants and are usually managed by experienced and professional managers. The bounty program was carried out to increase their popularity because basically their products could be traded. But you will find many bounty programs that dont limit participants because they want to get a lot of investor interest in the product because they realize that the chances of success are very small.

[bluebit25]

It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....

I think at least 100 participants would be better, for the signature campaign, and for the social media campaign it seems that it needs a higher limit, because now a lot of bounties are specialized only for social media campaigns

Yes, there are very few good campaigns that perform signature campaigns. And if had, their budget is very low, only accounting for 10-20% of the total pool but there are too many participants. It is best to limit participants so that people can get a good sum of money from it

[Bitstar_coin]

I will go with fixed reward, this way all participants are already aware of what reward they are getting for their rank, this method can also help project to minimize the amount of the tokens they give out that will not affect the price at the end of the campaign, if project owners can consider this method it can go a long way in helping hunters.

[pandanaran]

It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....

I think at least 100 participants would be better, for the signature campaign, and for the social media campaign it seems that it needs a higher limit, because now a lot of bounties are specialized only for social media campaigns

and that's not a bad idea, for example 100 participants in the signature slot I think that's enough. but from my point of view I observed the ico project that appeared in the crypto room, most of the project tokens were already listed on the exchange. and maybe this is the first reason why many prize hunters join the ico project or take part in the signature slot because their tokens already have an exchange.

[umbara ardian]

I will go with fixed reward, this way all participants are already aware of what reward they are getting for their rank, this method can also help project to minimize the amount of the tokens they give out that will not affect the price at the end of the campaign, if project owners can consider this method it can go a long way in helping hunters.

But for a fixed reward, its budget will undoubtedly be very low. Recently I saw a few campaigns like that, they offered only $ 1 per week for each legend account. Those were really the stingiest and worst campaigns I saw

[BitcoinTurk]

It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....

It will definitely be a right choice to select a limited number of participants for each campaign. This will not only contribute to the higher share of the participants, but it will be more useful for the forum by ensuring competition among the members. There is also a situation that scam projects will not be able to participate in the campaigns of many projects and fewer people will see that project because that project will be introduced by fewer people. So, in fact, choosing limited participants for each campaign is something that can lead to very positive results. I hope this happens soon and we will get better results.

[mersal]

It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....

Bounties which are paying in their own tokens rarely pick the quality forum members because they knows that no one with better quality posting habit will waste their time with useless tokens so first thing the bounties have to do is to pay in any listed cryptos then think about limiting the participants.

[jossiel]

The bounty manager's task is to manage the bounty and if the project developers have their own rules, the manager have to implement it together with his rules so, if the devs don't care about the number of participants and they want as many as they can.

They will accept participants as much as they can. They will not care about the participants cut if you'll get $5-$10 until the end of the bounty. What's important to them is to maximize their exposure in the forum.

[ElmedoRator]

The bounty manager's task is to manage the bounty and if the project developers have their own rules, the manager have to implement it together with his rules so, if the devs don't care about the number of participants and they want as many as they can.

They will accept participants as much as they can. They will not care about the participants cut if you'll get $5-$10 until the end of the bounty. What's important to them is to maximize their exposure in the forum.

Exactly like that. They don't care about the amount of money each bounty hunter receives, they only care about the number of participants in their bounty and make their project more popular. Today the budget of bounty is only about $ 10k but there are thousands of participants, after that the price of the token is reduced many times and each person receives only $ 1-2. Really funny with the bounty now

[HunterUnchained]

Very true... That has actually being the best way of bounty hunting and it rewards way more than others. Unfortunately, we can't commonly find such bounties in the industry anymore. These days, bounties are often overcrowded leading to very meagre returns. The projects know this, they try to entertain as many bounty participants as possible. Maybe to ensure better reach of their projects or to discourage dumping since more people will mean lower rewards leading to a discouragement of dumping. I certainly look out for the number of participants in a Bounty before I get involve.

[someone703]

Very true... That has actually being the best way of bounty hunting and it rewards way more than others. Unfortunately, we can't commonly find such bounties in the industry anymore. These days, bounties are often overcrowded leading to very meagre returns. The projects know this, they try to entertain as many bounty participants as possible. Maybe to ensure better reach of their projects or to discourage dumping since more people will mean lower rewards leading to a discouragement of dumping. I certainly look out for the number of participants in a Bounty before I get involve.

New projects became more and more stingy, they ran the campaign for weeks but their budgets were too low. I used to see campaigns with budgets from $ 100-200k, but now it is only $ 10k-$ 20k.

[crwth]

I haven’t participated in bounties just because of the work that you would be bringing for the bounty. IIRC, you will have to share t different post or something with regards to the project. The purpose of the bounty is probably for marketing, and marketing would be harder now that all kinds of projects come up. Ever since the altcoin season ended, it has always been seen that altcoins are not going to be needed anymore as time goes by; that’s why there are a few bounties left.  these kinds of things and it’s not something that should be taken lightly.

It’s always going to be the positive if the quality is great. With fewer and selected people are trained, it’s going To be better.