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Author Topic: Solution to too many promoters  (Read 3279 times)
JHORN (OP)
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May 24, 2020, 12:37:46 PM
Merited by Balladtony77 (2), Mighty_crypt (1)
 #1

I know that scam bounty projects still shows up on this forum from time to time but after managing to promote the bounty that's not a scam you end up with very low bounty reward, why ? I think the problem about bounties is we have too few bounty campaigns and too many bounty hunters

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??

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May 24, 2020, 12:47:48 PM
 #2

It is good to limit participants however the project aims to have as many ptomoters for their project. Your lucky if the project is handled by a good manager where he understand too much participants will make the budget diluted. Good example of manager is parodium who limits and filter participants and only those produced quality works will be rewarded. Also on btc paid campaign but the slot here are limited.

Altcoin campaign is really a hard competition cause everybody will share for a  small rewards if too many will join.

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May 24, 2020, 02:01:46 PM
 #3

Its the best idea, limiting bounty participants in a campaign could be more profitable and less spam campaign, however its up to bounty managers on how they conduct their bounties. Some of the bounty managers are already implementing that type of rules making rewards more decent.

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May 24, 2020, 02:06:07 PM
 #4

I know that scam bounty projects still shows up on this forum from time to time but after managing to promote the bounty that's not a scam you end up with very low bounty reward, why ? I think the problem about bounties is we have too few bounty campaigns and too many bounty hunters

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??

They need more promoters I don't think they will like this idea, the more promoters the more people will see the advertisement . More advertisement means more potential sales of their tokens.

Its the bounty hunters job to not participate in a bounty  if they think  the payment they paid is not enough because of too many participants.
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May 24, 2020, 02:18:59 PM
 #5

Its the best idea, limiting bounty participants in a campaign could be more profitable and less spam campaign, however its up to bounty managers on how they conduct their bounties. Some of the bounty managers are already implementing that type of rules making rewards more decent.
I do agree with this but the main purpose of marketing campaign to spread the news about the project. We can try to take a look at how many participants that has already participated in the campaign and the dev was aiming to spread the word of the project massively.
As long as the reward will be fixed reward and that's fine.



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bittraffic
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May 24, 2020, 02:21:41 PM
 #6


Do you mean limiting the participants and only accept the ones with 5 to 10 merits in 120 days?  

Good luck to doing that, because I'm not sure if the team gets at least 50 participants to spread the word about them because those guys with 10 merits will prefer to promote the BTC paying campaigns if they have that amount of merits every 120 days.  What a low rank member could do it write a good amount of articles and translate ann and whitepapers to compete the ones with higher rank.

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May 24, 2020, 02:35:21 PM
 #7


Do you mean limiting the participants and only accept the ones with 5 to 10 merits in 120 days?  

Good luck to doing that, because I'm not sure if the team gets at least 50 participants to spread the word about them because those guys with 10 merits will prefer to promote the BTC paying campaigns if they have that amount of merits every 120 days.  What a low rank member could do it write a good amount of articles and translate ann and whitepapers to compete the ones with higher rank.


I think what he want to say is to only limit the participants for example to only 50 for signature  and not requiring the merit since this will not work in bounties unless they will also pay in btc or the payment they will pay is convertable already and weekly payment.


The OP want to suggest is to receive high rewards for limiting the campaign participants.

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May 24, 2020, 02:37:11 PM
 #8

This is a process, a project also needs  participants also investors and each has a function and interdependence.The manager is the one who understands the most important needs in a project to be in accordance with  time schedule. However,  with following certain restrictions set there are times when the number of participants in the bounty and the rules to be applied must also be in accordance with what has been written.

Related to the distribution sometimes on time  in accordance with what has been written and and too often not in line with expectations.

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thesmallgod
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May 24, 2020, 02:46:59 PM
 #9

There are two side to this story. While limiting numbers of bounty hunters may work, it may not work in other hands. Most dev team see bounty campaign as the easiest and cost effective way to promote their project. If not, there are many other means that they can adopt to promote their campaign. such as placing ads on popular exchange platforms, coin ranking platforms, etherscan etc. but they know this will involve alot of money, so they will prefer to use bounty campaign without even spending a cent at the beginning. When campaign is being conducted, the hope of hunters depend on the success of the project because if the project does not realized the  required amount, they may decide to cancel the project, meaning the hunters waste their time and energy.

However, there are some campaign that even if they make their target, they will do everything to frustrate hunters in order not to pay them their token, some dev will lock hunters token for a lengthy period of time, while some of them will start telling you to sign up for KYC that they did not tell you before the commencement of the campaign.

Many project dev do not like limiting amount of participants because they believe the higher the people that signup for bounty, the higher the reach of the project.

In another way round, some hunters are cheaters, they registered multiple entries using bot etc. they will steal peoples articles and videos and registered it. Some that participate in social media campaign have followers that are not real (bot) while some have followers that are bounty hunters like them thereby not making real impact when promoting the project.
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May 24, 2020, 02:47:53 PM
 #10

I know that scam bounty projects still shows up on this forum from time to time but after managing to promote the bounty that's not a scam you end up with very low bounty reward, why ? I think the problem about bounties is we have too few bounty campaigns and too many bounty hunters
Actually, if you'll stay on the Bounties you get to see a lot of bounty campaigns. It's not that there are few bounty campaigns out there but the fact is that only few of them are real, paying, and has really a working project.

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??
They are not forcing people to join those fixed pool prize bounties that they have. It's just that bounty hunters are too many and everyone is trying their luck for each bounty that will come. There's a drought for legit bounties and that's why everyone is just like trying to hit a jackpot.

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May 24, 2020, 02:49:26 PM
 #11

I prefer fixed reward and not stake based, with this participants can be limited to some few persons to accomodate the reward system. Unlimited perticipants without fixed stakes only favours people with high ranking signature and better audience for social media. I should be able to determine how much I will get from a campaign from the beginning.
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May 24, 2020, 02:54:18 PM
 #12

This contradicts the goals of most projects, which want minimal costs but can still be promoted as much as possible. So Few Projects limit the number of hunters taking out the bonus.

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May 24, 2020, 02:57:20 PM
 #13

I know that scam bounty projects still shows up on this forum from time to time but after managing to promote the bounty that's not a scam you end up with very low bounty reward, why ? I think the problem about bounties is we have too few bounty campaigns and too many bounty hunters

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??
Limiting the participants is good for the hunters and the manager but not for the project because all they look for is to get maximum exposure that is why we have stake based reward calculation in the first place.Very few managers have limiting their participants when it comes to bounties even due to their reputation factor so follow best manager to get more advantage on this.
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May 24, 2020, 02:57:44 PM
 #14

Good point OP, this will gives less spams and high reward for bounty hunters, the problem is not all bounty managers will accept this, even the project team might not want something like this

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May 24, 2020, 03:33:10 PM
 #15

As a bounty hunter you probably know, most projects that are already listed on the exchange, will certainly get many participants. and the prize will be divided on that amount. actually to get a bigger prize, the way you have to follow all the campaign programs of project,from translate campaign until telegram campaign. what do you thing Huh

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May 24, 2020, 03:46:55 PM
 #16

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??
I agree that bounty managers make a fixed allocation to the bounty and limit the number of bounty participants with a certain duration, this is also very good for all bounty hunters, because when calculated with the rewards they get, everything looks fair according to the percentage in the campaign.
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May 24, 2020, 03:47:40 PM
 #17

I know that scam bounty projects still shows up on this forum from time to time but after managing to promote the bounty that's not a scam you end up with very low bounty reward, why ? I think the problem about bounties is we have too few bounty campaigns and too many bounty hunters

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??
Some bounty managers are limiting its participants already in their respective bounty campaigns and also implementing the first come first serve basis, In some instances, they are not allowing newbie participants to join in their bounty campaign and also those forum members that have negative trust are also prohibited to join in the most of bounty campaigns. one of the many problems in the most bounty campaign nowadays is the small budget allocation, and a too-long period before getting paid, 6 months to 1 year. to be exact.  for me it's better to limit the participants if the budget allocation was small.
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May 24, 2020, 03:57:35 PM
 #18

I know that scam bounty projects still shows up on this forum from time to time but after managing to promote the bounty that's not a scam you end up with very low bounty reward, why ? I think the problem about bounties is we have too few bounty campaigns and too many bounty hunters

JUST IF

Just if bounty managers and project teams can start limiting bounty hunters the reward will still be fair enough, how can 500 participants share 3000$ bounty allocation?

Where are the bounties with fixed bounty allocations? After doing some digging on past bounty campaigns I noticed many of them have fixed rewards, this is good or limited participants

What do you think??

Good idea but they are not paying with Bitcoin or already tradeable coins they are paying bounty hunters with their own token with no value, so they can throw away as many coins because they created it with very little cost, and besides I doubt if they are going to imposed limited participants because that is what they really need, more promoters, more visibility of their project.

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May 24, 2020, 04:02:07 PM
 #19

Most bounties now want more promotions but there are no restrictions for participants and the allocation is small enough so that this will not be a fixed allocation because they do not want the dump to occur if the allocation is large.

Projects now always need promoters without limits so that their ads can be seen out there but they don't think about the fate of the hunters with unfair rewards, it could be the price dump, the more rewards.

But we must be able to see who manages the campaign and look for the ones who are very professional because they always provide the best for the hunters.

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May 24, 2020, 04:20:32 PM
 #20

Yes, That's is a good idea to suggest in bounty managers I came up with the same idea a long time ago. But you know what they don't care as long as there is qualified participant they will accept it. Because it is on their advantage, many promoters many audiences it will reach out. So that is why they are not limiting it, I guess they are few bounties that have a limit but in majority most of them are no limits on participants which is not really worth joining. Doing bounty now is not really worth it especially those social media bounties.
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