joseyphil82 (OP)
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November 05, 2020, 10:54:42 AM |
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I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager 2. Give up only few decent allocation 3. Go for strong exchanges with no fake volume 4. Accept limited participants in your bounty campaigns 5. Introduce phase distributions
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Raytheon
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November 05, 2020, 12:15:21 PM |
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3. Go for strong exchanges with no fake volume
This is the most important thing but unfortunately, it's the most difficult. Listing on big exchanges results in a lot of fee and obviously, no projct wants to spend a lot of money for that. Finance is always a problem with new projects. If a project is financially strong, they don't even need a bounty to promote.
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Tytanowy Janusz
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November 05, 2020, 12:56:05 PM |
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My suggestion for homeless people.
1- find nice house 2- buy house
Thats how your sugestions looks like for someone who is in crypto for few years. I have one more:
My suggestion for starving people.
1- buy food 2- eat food
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Kvalentine
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November 05, 2020, 01:01:20 PM |
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3. Go for strong exchanges with no fake volume
This is the most important thing but unfortunately, it's the most difficult. Listing on big exchanges results in a lot of fee and obviously, no projct wants to spend a lot of money for that. Finance is always a problem with new projects. If a project is financially strong, they don't even need a bounty to promote. I don't agree to this mate, there are few projects that are well funded and they still introduce bounty campaign, e.g Harmony, Cartesi and DIA, what I noticed are teams that means business, they are damn serious about what they want to do for the public. Sometimes enough funds equals to seriousness
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Dragonfund
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November 05, 2020, 02:35:02 PM |
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I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager
I can't but agree, some manager aren't really experienced enough to handle some big task and very lazy to Update Bounty participant spreadsheet. Frequent update of spreadsheet motivate participants as the campaign progress. 2. Give up only few decent allocation
This is necessary to avoid dumpingbof price but the team has to be fair to promoters. You don't expect people to participate when you they give poor allocation. 3. Go for strong exchanges with no fake volume
Only few exchanges don't partake in wash trading, if the token/coin is demanding, the volume will come naturally with out bot interference 4. Accept limited participants in your bounty campaigns
This is only favourable for participants, you don't end up with a penny after the end of the campaign. I can imagine wasting my time on promoting a project for weeks and pay out just $10 ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) 5. Introduce phase distributions
This is baseless is the allocation is small.
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pixie85
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November 05, 2020, 02:43:36 PM |
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They should rather buy some decent already tradable coins and use them as bounty collateral so that people don't have to speculate if and when the coin gets listed and what the price will be.
Everybody will know the team is serious and the promotion is worth a certain amount of money for them not some wothless tokens that might get distributed in 6 months and exchangeable in 8.
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Jawhead999
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November 05, 2020, 02:49:11 PM |
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You're want fixed payment right on bounties, right? The answer should be payment with stablecoins (e.g. USDT, DAI).
Your suggestions are wrong.
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Winscosinally
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November 05, 2020, 03:08:25 PM |
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The easiest way out of dumps is for the team to use USDT or ETH to pay bounty hunters, your suggestions are not bad but are long things, unless the project team don't want to give out their tokens for one reason or another like ludena protocol and few others
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Alert31
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November 05, 2020, 03:12:34 PM |
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I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager 2. Give up only few decent allocation 3. Go for strong exchanges with no fake volume 4. Accept limited participants in your bounty campaigns 5. Introduce phase distributions
Are you sure with your suggestions? Did you know that only small percentage of the total budget is allocated for bounty? Then if the value of tokens dump it blame all to the hunters who sold their rewards. Why? The success of the project is depends on the project itself and the team behind it. IF the project has a lot of support from the team with good marketing strategy that can attract and convince investors to invest on their project, I think the value of their token will recover after a dump unless after the campaign and after they get money from the investors they just let the value of their token fall forever.
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Furryball
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November 05, 2020, 03:16:06 PM |
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I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager 2. Give up only few decent allocation 3. Go for strong exchanges with no fake volume 4. Accept limited participants in your bounty campaigns 5. Introduce phase distributions
Are you sure with your suggestions? Did you know that only small percentage of the total budget is allocated for bounty? Then if the value of tokens dump it blame all to the hunters who sold their rewards. Why? The success of the project is depends on the project itself and the team behind it. IF the project has a lot of support from the team with good marketing strategy that can attract and convince investors to invest on their project, I think the value of their token will recover after a dump unless after the campaign and after they get money from the investors they just let the value of their token fall forever. I believe that OP already stated that top exchanges are important for project to get successful this days, I don't believe that serious team can release projects with no use case at all, all it takes is professional teams that are hardworking but to raise needed fund top exchanges is very important
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ryzaadit
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November 05, 2020, 03:25:59 PM |
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Heck no.
Why almost all the list only for the bounty hunter ~LOL, even my self joined bounty but to be honest bounty hunter was also one of the reasons why the price token and 70-80% bounty hunter is an angry people.
If you not listed the token on some exchange, they will spam you with "when exchange".
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Gozie51
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November 05, 2020, 03:35:41 PM |
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My suggestion for homeless people.
1- find nice house 2- buy house
Thats how your sugestions looks like for someone who is in crypto for few years. I have one more:
My suggestion for starving people.
1- buy food 2- eat food
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You can be more of Op's funny nature. Op made laughter off me. He has a new account and probably suggesting what he/she thinks could work but all the suggestions are like the same story. Op, you can only advise bounty manager to either get bounties paying with top coins like etheruem, bnb, litecoin, USDT, etc useful altcoins and not to fool participants with shit tokens.
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posi
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November 05, 2020, 03:37:27 PM |
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I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
There are many ways for new project owners will influence the price of their token in other not to lose huge value and bounty hunters are not to be blame for token price lost cause the project owner also have a huge role to play. 1. Find good bounty manager 2. Give up only few decent allocation 3. Go for strong exchanges with no fake volume 4. Accept limited participants in your bounty campaigns 5. Introduce phase distributions
1) Find a good bounty manager is one of the tips 2) 99% of all bounty campaigns offer few decent allocated token (within 4-10% of total supply)and some use ETH as payment but after exchange listing the token lost value. 3) Going for strong exchange with no fake volume is not the right thing and going for liquidity exchange is what will help newly listed token. 4) Agreed 5) Phase distribution is also another lame idea if the team involved having a good strategy cause i have seen a lot of projects like Ag8, USDQ bounty that does it but didn't save their project price lost.
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bittick
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November 05, 2020, 03:40:54 PM |
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So many unnecessary step or measurement need to be taken while you can just solve it using stablecoin. Using stablecoin to pay participants is by far the most effective way to avoid dumping but if the alt is already strong enough these kind of solution you mentioned not gonna be needed since big volume means less chance of dumping if the bounty allocation only takes up some small percentage.
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john_nautica
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November 05, 2020, 04:53:11 PM |
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It's easy to give a suggestion but I don't think it would be easy too to apply this user made me laugh it's exactly what am I thinking after reading the OP's post. My suggestion for homeless people.
1- find nice house 2- buy house
Thats how your sugestions looks like for someone who is in crypto for few years. I have one more:
My suggestion for starving people.
1- buy food 2- eat food
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terizla
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November 05, 2020, 05:03:37 PM |
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3. Go for strong exchanges with no fake volume
Listing the new coin project in strong exchange is need huge money and that doesn't mean the new project will be a great project after list in strong exchange. One important tips from me, Tokensale is the main way to see the result of project.
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Ezravdb
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November 05, 2020, 05:05:12 PM |
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3. Go for strong exchanges with no fake volume
This is the most important thing but unfortunately, it's the most difficult. Listing on big exchanges results in a lot of fee and obviously, no projct wants to spend a lot of money for that. Finance is always a problem with new projects. If a project is financially strong, they don't even need a bounty to promote. You are right, new projects have flaws in various aspects especially in the finance section where they have to find a loophole to get listed on the top exchanges if they don't have capable finances. Indeed, there is one of the conditions to be registered to a large exchange by establishing a partnership to conduct an IEO on the exchange.
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Shakil29
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November 05, 2020, 05:20:16 PM |
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I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager 2. Give up only few decent allocation 3. Go for strong exchanges with no fake volume 4. Accept limited participants in your bounty campaigns 5. Introduce phase distributions
Yes I totally agree with you. Many bounty managers are indifferent to work. Many are inexperienced. Such an irresponsible bounty manager kills the project. So a good manager is needed to make the project a success. Moreover, it is important to have a good exchanger, right price, real candidate. So, your idea is absolutely correct.
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dotcoin.info
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November 05, 2020, 07:22:53 PM |
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The idea is not bad in general. However, how will projects that have no means of subsistence implement this plan? The task of the project is to raise funds. The project does not have the task of making bounty hunters rich. You are talking about introducing a member limit, this will reduce marketing reach but theoretically increase the earnings of hunters. Is it profitable for the project? Obviously not. The project needs to be realized, and only in this case hunters can count on a decent profit.
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albon
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November 05, 2020, 08:20:38 PM |
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Yes, I agree with the OP, as the various Bounty campaigns will help promote the project, Also, the project team needs to contract with projects that have the same project competence and they partner with them, the project team should try to contact with the good exchange platforms to list their project coin and negotiate with them for the listing price.
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