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Author Topic: Solution to too many promoters  (Read 3229 times)
Golftech
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May 29, 2020, 02:44:31 PM
 #81

Now bounty managers and ICO team value more money than anytime before. Few years ago there wasn´t problem to giveaway 1 million usd to bounty promoters, but now the situation changed, they care about every dollar.
Before there are many people who are interested in investing even those who participated with their bounties are also putting money to invest and entrust their money. Nowadays there are only few people who are investing and for that developers and bounty managers are concern with how they will collect more interest from investors to help them with their projects, it will be hard for them to limit as they are aiming for more exposures.
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May 29, 2020, 04:01:08 PM
 #82

Just because you have too many promoters doesn't mean that you are getting something great. When you have bad promoters that will reflect on your currency badly as well, so you should get only decent ones and good ones just to make a good impression on people.

If I pay 5 bucks to horrible English speaking spammers, I could have 10 thousand of them all around the internet spamming broken English (not like mine is so awesome) spams everywhere they find and that will not help me, in fact that would hurt my business like crazy. Nobody would invest in my project and not only that people would actually complain about my project everywhere and how I am spamming it. Instead just get 100 decent people that you pay big amounts, and you will be doing much better marketing.

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May 29, 2020, 05:00:45 PM
 #83

In my opinion, some participants is not really active doing his job. I think it just wasted slot and should be removed from campaign. Maybe next time bounty manager can add a new rule like participants that missed report for a week will be removed  Grin.

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May 29, 2020, 05:17:42 PM
 #84

I think limiting the bounty hunter is not feasible. For the purpose of bounty is to promote the project. So, if more people join the promotion, the bounty campaign of the project will be more successful. That's the way the bounty hunter should go because we make a profit from the project, or rather the project will pay us to promote their products.

As for the problem of scam projects, we can hardly control because the project is the payer. If they want to be bad people, we can't stop them from cheating. We can minimize the risk by carefully checking the project before signing up to participate. That is my personal thought

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May 29, 2020, 08:00:48 PM
 #85

In my opinion, some participants is not really active doing his job. I think it just wasted slot and should be removed from campaign. Maybe next time bounty manager can add a new rule like participants that missed report for a week will be removed  Grin.
In my opinion, at least 2 weeks. Because maybe they will have some problems in life and miss 1 week of the campaign. And now I see a lot of bounty managers working on this idea, anyone who doesn't complete the task in 2-3 weeks will be removed from the campaign.

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May 29, 2020, 11:37:01 PM
 #86

--

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??
  • Making a selection by making strict rules can be a very good alternative. This can reduce cheaters and spammers, multi-accounts, etc.
  • Limiting the number of participants is also very effective so that participants can get rewards that are comparable to their work. In my opinion, this is one of the concerns of the bounty manager for the welfare of the participants.
  • Preferably, the dev team also really considered the allocation they spent on the bounty. At least they can handle that nominal so that there will be no more statements "bounty hunters who make dumps"

The right strategy, good cooperation, will certainly make the ecosystem stronger. Support from many sides will strengthen the project, thus all parties will benefit.
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May 30, 2020, 03:18:32 AM
Merited by vlast01 (5)
 #87

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 will be the solution, Like on social media campaign thousand of participants is going to share with the small amount off allocation on the pass 2-3 months and your earning is only 10-20$, Is your effort worth it? I think not . 
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May 30, 2020, 12:55:18 PM
 #88

Limiting bounty participants would be advantageous to bounty hunters as stakes would be divided by only a few. Meaning higher rewards would be distributed to participants. But projects managers would prefer more participants because it would mean wider marketing and spread of awareness about the project. If you want fewer participants you can join campaigns that few only are qualified. Like signature, content creation, or even translation.
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May 30, 2020, 01:55:12 PM
 #89

Actually there are bounty managers that limit the participants in their bounty campaigns in a first come first serve basis, which is I think is fair enough for everyone and some BM don't actually do that to give a fair chance for everyone to atleast earn/gain rewards. But the things is the bounty projects themselves, even if let's say BM have limited the participants in a certain numbers, and get the rewarded for their worked. What are chances of the project to be successful?
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May 30, 2020, 03:25:24 PM
 #90

each project has the right to make their own rules such as prizes.
although the prizes are few and not reasonable they don't force you to join.
the problem is that most of the projects are scams and don't pay

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May 30, 2020, 03:37:08 PM
 #91

a good idea to apply, but all policies are in the prize manager because each gift project has different rules, both from the forum devoted to posting, the number of posts and other rules.

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May 30, 2020, 05:32:07 PM
 #92

there is a big problem that i realized in the last years in this crypto world. People want to create a project without spending a cent out of pocket and that is unacceptable. How does a person want to create a project but have no money to pay fair values to the reward hunters to publicize their project? this is unacceptable and i don't understand why the reward hunters accept to work in these conditions? It is necessary that people do not accept to work in these conditions that are not good. Project owners must have money to pay fair values to bounty hunters and I suggest that all projects pay in bitcoin to bounty hunters.

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May 30, 2020, 09:12:31 PM
Last edit: May 31, 2020, 09:58:39 PM by pixie85
 #93

Yes there's too many hunters waiting for spots in campaigns and it allows managers to decrease the rewards.

They know that there's such a demand for rewards that people will keep coming even if they pay $1 for each participant but of course lowering the payment lowers the quality of the campaign. You wan't get good articles and translations for cheap.
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May 30, 2020, 09:38:45 PM
 #94

to get high prizes from each project is by applying limited rules. if the project manager can reconsider limited regulations in a project, participants can get high rewards. I personally also miss about fixed allocations, high rewards like the average project in 2017.

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May 30, 2020, 11:58:19 PM
Last edit: May 31, 2020, 12:12:14 AM by tanjiran
 #95

Just because you have too many promoters doesn't mean that you are getting something great. When you have bad promoters that will reflect on your currency badly as well, so you should get only decent ones and good ones just to make a good impression on people.
~
Especially if there are many participants who commit fraud, multi-accounts for example.
So strict rules, really careful selection, can provide many benefits for all. I think we all agree that quality is more important than quantity. It would be better if both were balanced.
That is why I tend to be selective in joining bounties, if bounty managers care about this, they will definitely provide strict rules and select participants based on established criteria Smiley

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May 31, 2020, 01:09:54 AM
 #96

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??

A few of the bounty campaign are limiting their participants, but majority of the bounty campaign wants as many promoters to promote their project, this is obvious because they want to market their project extensively and they want hype and reach, they cannot do that if they limit their bounty hunters, the possibility for their project to fail if they cannot reach many investors, are high.
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May 31, 2020, 04:51:55 AM
 #97

to get high prizes from each project is by applying limited rules. if the project manager can reconsider limited regulations in a project, participants can get high rewards. I personally also miss about fixed allocations, high rewards like the average project in 2017.
This is depend also on the project not just the manager will decide on it. Limiting participants are good but we cant impose it on new projects that are starting to build their portfolio and raise money. I understand the concern of most hunters but we must also learn some patience and remember that we are not investing any money on joining so how can we eventually lose something on the process?

The competition is tight here on forum, if you want legit project join campaigns with btc payment but that is not an easy way compared to altcoins.

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May 31, 2020, 05:06:51 AM
 #98

Managers here have some power, but they work for the project like the rest of us! They can try to suggest ideas to the team, project owners, they can listen or not, it's up to them. I think we have some good suggestions here, but I don't think this will work, like I said if the team decides to go big with many people and low payouts they will find a manager that will conduct such bounty for them.



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Rainbot
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Dr.Osh
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May 31, 2020, 05:18:55 AM
 #99

Managers here have some power, but they work for the project like the rest of us! They can try to suggest ideas to the team, project owners, they can listen or not, it's up to them. I think we have some good suggestions here, but I don't think this will work, like I said if the team decides to go big with many people and low payouts they will find a manager that will conduct such bounty for them.
there are a number of reasons why they don't limit their participants, it's because they want lots of people to promote the projects they develop. This is not a problem of bounty hunters, but also for the success of the project, so they do not limit participants. maybe there are some projects that limit the participants at this time, but sometimes it's paid using bitcoin or ethereum.

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princesspoppy
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May 31, 2020, 06:33:31 AM
 #100

If all bounties have limited participants to share with fixed bounty rewards, then everybody will be very happy but unfornately, not all projects think that way. Many bounty campaigns wants many promoters as much as possible. They want their project to be promoted to many different channels. They are aware that bounty hunters will receive less in doing their campaigns but they don't care about it. As long as their project will get whatever goal they want, then they'll go for it no matter what.
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