Convince me that bounties paying in anything other than Bitcoin are worth it

[mrongos]

bounty campaigns sometimes don't pay well but you have to know that not all bounty campaigns are like that, only a few bounties handled by trusted managers will give good results and even more so for bounty campaigns that pay in bitcoin, you can be sure that they will be paid on time.

[fullhdpixel]

I'm sure many are not aware of the risks involved. there are still many who complain to the bounty manager if there is a distribution problem or a missing project.
we really haven't maximized our knowledge and skills to avoid that risk. I'm sure everyone will thrive, and those who want to learn will find it fast.

The risks are beyond our thinking actually. I mean if even you work under a known and reputed manager, it doesn't guarantee you any confirmed profits or even tokens. When writing smart contracts there are ways to take back tokens even once sent to the manager and we cannot expect the bounty manager to read the whole smart contract and find glitches.

I guess that's why it's best to do one of the two things.

1- Work for only known and tested projects/teams
2- Make sure the campaign pays in BTC or at least has put some kind of collateral/BTC under the manager in case something goes wrong.

[Noruka]

I think, the bounties program has its own uniqueness in getting money for free as you mean although it is not a guarantee. However, it seems that you are also aware that every project in Bounties already has an allocation amount of what % will be given to several campaign programs. I think that's good.

True, in general the allocation amount for the bounty campaign is always visible at the beginning by dividing a few percent into several campaigns, so basically it is the rights of the participants to be paid even though there are cases of teams running after the project is finished so that the bounty participants don't get anything.

I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.

[poodle63]

I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.

Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.

[Henrobakkara]

I want to know how much you guys are earning with these bounties that offer "stakes" for doing certain tasks because I am not convinced that they are legitimate. Here is why I think that. Lets say you did a signature campaign paying in their coin that is currently worth nothing but you put in hours of work to get this token with the anticipation that it might be worth something at some point. However as soon as it is worth something all the other participants in that signature campaign will be thinking the same thing. Withdraw. That then causes a dump effect on the token and you are back to it being worthless again.

I am 100% sure that most bounties today have the same teams behind them and they continue to do the same process each time in an attempt of being successful once out of the million times they have tried before. In modern times we have become accustomed to minimum wages or at least fair wages but you guys are doing work for nothing at the time of completing your work on the promise that they will be worth something down the line. Would you work for a company in the fiat world if they promised you to give you shares in their company without any guarantee that they would be successful?

I just do not understand why people would want to work for free without any guarantees at all. If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing. I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.

Ohh we have a lot of other tokens paying Bounties that Hunters have made good monies from and like you try to portray, even Bitcoin Paying bounties can be this way too. After receiving my Bitcoin from the bounty I participated in the last time, the worth of the Bitcoin dropped because of cause the market is in that trend now and it is caused by people dumping too.

Look at what happened to the price of that coin in the past 24hrs to the last 7days, yes investors made money which is really the basis of all our investments anyways and I know of some other token paying Bounties that have come out this way.
Like someone already mentioned here, there's no need to talk down other projects as it is Bitcoin and others, so Eth, USDT, and token paying Bounties are all others and we cannot say they are not worth it.

[isaac_clarke22]

~

Well that is why many bounty hunters tend to handle multiple bounties at a time, so that they'll be able to mitigate risks of wasting their time on a single project.
It is kind of a "frowned" thing to do in here for me, because it feels like this forum is being used primarily as an earning platform.

[smyslov]

I just do not understand why people would want to work for free without any guarantees at all. If you are really unlucky you could spend 1000s of hours doing work for these bounties and profit nothing. I am interested in hearing about your experience with these bounties and how much you profit when it comes to withdrawing the tokens.

There's still a lot of bounty campaigns in the bounty section, and there are still a lot of participants in every section of the campaign like the social media campaign, in my experience, I earned good when I was so active in the bounty campaign, that was the time there were a lot of good projects, there were campaigns where I earned $100 to $300 per campaign, I stopped participating when Bitcoin is going up I shift to my current campaign so I can earn Bitcoin instead of altcoins.

[iTradeChips]

The best bounties are the ones that happened during the ICO craze of 2017. Where the pay is good and the job more intense. Of course there are projects that did not make it and all you got for 2 months of work would be coins or tokens that cannot be used, exchanged, or traded. But of course, picking the right project is essential and you have the best bounty managers then. If you know the best bounty manager then most likely you will get a good paying project. Too bad most of them encountered some bad projects so their reputation got affected. Why should I convince you by the way? No need because you are your own person some who makes decisions.

[Malam90]

We know that bounties are mostly a waste of time because almost 90% bounties don't pay to the hunters in the last two years from my personal experience. I confess that only signature paid by BTC here in Bitcointalk are the guaranteed payment but for bounty, it's mostly uncertain and most of the bounties will deceive at the end. Few projects pay but by delaying and when they pay, it becomes worthless. I still do few bounties only for collecting funds for investment. Investment gives me 20x profits than bounty although i spend 2x time in bounty.

[Saidasun]

It looks like everyone agrees that bounties are no the same as they were in 2017 and are a waste of time in most cases. I think we should start tagging and not participating in lowly paid and not escrowed payment and then boycot those that are offering payment in their own worthless coin instead we should require them to pay in a existing altcoin which has value does not have to be Bitcoin or Ethereum but any altcoin that has value otherwise we are going to be scammed continuously and its no fault but our own.

[distr@yopmail.com]

It looks like everyone agrees that bounties are no the same as they were in 2017 and are a waste of time in most cases. I think we should start tagging and not participating in lowly paid and not escrowed payment and then boycot those that are offering payment in their own worthless coin instead we should require them to pay in a existing altcoin which has value does not have to be Bitcoin or Ethereum but any altcoin that has value otherwise we are going to be scammed continuously and its no fault but our own.

but sometimes you will not understand how much you get from the bounty when everything is distributed.
some projects include large allocations but the results obtained when the open market is disappointing. there is also a small allocation but when the distribution of the token price increases. we will never know for sure which project will pay you well.

To reduce the risk, you can join a bounty campaign that pays with the coins that have been traded. but sometimes they have a small allocation.

[TheMimic1]

Then maybe I should consider myself lucky? I participated in Vulcan forged and get good payout and also Sovryn too, there are many successful projects since last year though you need to be willing to take risks if you want to make money from bounties, it's certain that not all projects will pay you and some will be worthless, my advice is don't give up

[unusualfacts30]

that really depends on what bounty you are signing up for. not all of them are same. Some of them turn out to be a scam while others are legit that distribute on time and consequently their project does well after launch. I would say most bounties distribute except may be handful that get mixed with them.

[Saidasun]

that really depends on what bounty you are signing up for. not all of them are same. Some of them turn out to be a scam while others are legit that distribute on time and consequently their project does well after launch. I would say most bounties distribute except may be handful that get mixed with them.

Just look at this thread most people agree that 90% are scams and I think they are run by the same people most of the time. We need to stop this from happening.

[campusnet]

that really depends on what bounty you are signing up for. not all of them are same. Some of them turn out to be a scam while others are legit that distribute on time and consequently their project does well after launch. I would say most bounties distribute except may be handful that get mixed with them.

Just look at this thread most people agree that 90% are scams and I think they are run by the same people most of the time. We need to stop this from happening.

those who have successfully scammed the bounty community and their early investors through their new projects. of course, they won't just walk away.
after enjoying the benefits for a while, they will come back with a new project again and will commit fraud again. and there is always a cheat for all of it.
nowadays we are seeing more and more scam projects, and there is no way to get around this.
if you are thinking of the best way to regulate new projects with more decent bounty payments. maybe it will get support from many bounty hunter communities.

[LordMiguel]

i can't convince you because it is totally a waste of time. although i partake in bounties but i know what is involved. it is just a waste of time. reason is this. the project developers are all greedy. they use hunters to gain attention and then dump hunters when it is time for payment. also they sometimes swap into new tokens to destroy rewards earn by hunters in other to please the real destroyers.(investors).

[erep]

those who have successfully scammed the bounty community and their early investors through their new projects. of course, they won't just walk away.
after enjoying the benefits for a while, they will come back with a new project again and will commit fraud again. and there is always a cheat for all of it.
nowadays we are seeing more and more scam projects, and there is no way to get around this.

There are many reports of scam projects based on proof of concept plagiarism and fake teams, we assume that scammers have made the same effort every time they create another scam project.

if you are thinking of the best way to regulate new projects with more decent bounty payments. maybe it will get support from many bounty hunter communities.

The best projects will always get a lot of support from real bounty hunters because we have analyzed the project details carefully, so you should be more selective in joining the bounty because 1 legit bounty is better than 10 bounties without analysis will end up bounty scam.

[geegaw]

We know that bounties are mostly a waste of time because almost 90% bounties don't pay to the hunters in the last two years from my personal experience. I confess that only signature paid by BTC here in Bitcointalk are the guaranteed payment but for bounty, it's mostly uncertain and most of the bounties will deceive at the end. Few projects pay but by delaying and when they pay, it becomes worthless. I still do few bounties only for collecting funds for investment. Investment gives me 20x profits than bounty although i spend 2x time in bounty.

The quality of the bounty investment is quite disappointing but can't stop hoping nor should stop participating, although bounties that don't pay directly in bitcoin can be very deceptive but you also said that your return on investment is many times higher, compared to paying bonuses in bitcoin, it just makes you feel like a waste of time. Both forms of payment make you unsatisfied but the big gift can come in the form of paying in tokens, bitcoin is always fixed and very low paying, in a year, just one successful project can warm you up

[Saidasun]

that really depends on what bounty you are signing up for. not all of them are same. Some of them turn out to be a scam while others are legit that distribute on time and consequently their project does well after launch. I would say most bounties distribute except may be handful that get mixed with them.

Just look at this thread most people agree that 90% are scams and I think they are run by the same people most of the time. We need to stop this from happening.

those who have successfully scammed the bounty community and their early investors through their new projects. of course, they won't just walk away.
after enjoying the benefits for a while, they will come back with a new project again and will commit fraud again. and there is always a cheat for all of it.
nowadays we are seeing more and more scam projects, and there is no way to get around this.
if you are thinking of the best way to regulate new projects with more decent bounty payments. maybe it will get support from many bounty hunter communities.

They do not walk away they continue to open new bounties under different names and continue to scam us. We are not working hard enough to out these scammers and report them to the authorities this is why cryptocurrency is not being taken seriously outside of this forum.

[Noruka]

I wouldn't even complain if they make some adjustments to the pool because their ICO didn't go well or their IDO or whatever. That's ok and probably in our best interest as well. But the real problem is that they really run off from time to time or do everything they can to not pay at all. That's when it gets seriously annoying.

Yeah. If everything is fair even if there is allocation adjustment most of people gonna have no problem. I mean if the developer could keep the promise they make fulfilled then it's automatically also increase their reputation.
Most of people who seek bounties as I observer aren't that kind of people who just gonna dump the market once they see their reward in their wallet. Many of them actually become a long supporter and that kind of supporter is really essential to the project. If dev refuse to pay its their loss.

Very good point and I fully agree with it. If the team communicates in a trustworthy and convincing way, even if they cut the bounty in half in order to make sure they'll have enough finances to keep going and finish the product, it is fine. But they should stick to their schedules regarding payments. If they do that and build trust with the people who support them, I also believe that not so many will immediately dump. We should keep in mind though that there are people who do this for a living in poor countries and they might be forced to dump. It hits them even harder if bounties aren't paid out out of a sudden. That just sucks and hurts everyone involved in the end.