Are bounties dead?

[prismarinejunky]

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

That's real

[Blowon]

The bounty is still there, but the people we know the legend of the manager as well as the number of bounty participants have disappeared without any news. It is certain that the bounty atmosphere this year and in the future is very different when compared to 2018, there are many things that are different, but it is not as good as 2018, although there are few competitors, but we also lack well-known manager bounties, so some new managers promote low-quality projects until don't pay. This is the current state of the bounty.

[GatotKaca]

The bounty is still there, but the people we know the legend of the manager as well as the number of bounty participants have disappeared without any news. It is certain that the bounty atmosphere this year and in the future is very different when compared to 2018, there are many things that are different, but it is not as good as 2018, although there are few competitors, but we also lack well-known manager bounties, so some new managers promote low-quality projects until don't pay. This is the current state of the bounty.

I don't think they are the new managers. maybe because the accounts used are new, but it doesn't prove that the manager with the new account is new to the forum.
Managers with popularity in the past are also still holding current projects. you can see it in the altcoin bounty thread. In fact, in the current condition, I think the bounty project is better. many of the managers who apply for escrow. even though the reward wasn't that big, it looked like it paid off. compared to a few years ago, we saw a lot of bounty projects but a lot of them were scams.

[cheezcarls]

I haven’t been active in bounty campaigns lately. Only the signature campaign is the one that I am active right now. I’ve been focusing more in being a KOL and ambassador of multiple opportunities, which in fact have compensated me much better and fairly than most of the bounty campaigns. And also because of that, I had a chance to participate in various private sale campaigns even with just small amounts of allocation rather than what the VCs are capable of.

Regarding to the question about “are bounties dead?”. Not really.

Only a very few percentage of bounty programs are paying very well as long both the project and the bounty manager are reliable, honest and trustworthy. Every bounty campaign has risks but more on the time and effort that we have. However, we always have to acknowledge the fact that these bounty campaigns aren’t giving any promises or guarantees that they could be successful, paying us fairly, getting listed, etc. These are the risks. But if you are willing to take the risk, then that’s on you.

[nimogsm]

There are also good companies, I would not say that the era has passed, it's just that there are a lot of really bad projects now, they repeat each other very often and you have to think for a long time whether to take part or not.One thing pleases that proven managers still lead good projects.

[zasad@]

Probably the most serious disadvantage of Bounty Campaigns is that you do not know the exact reward in tokens you will receive, because the total number of tokens is divided by all participants and whether you can then sell these tokens on the exchange. Or you will miss a high price, or the price will initially be small, or the token will not be traded on the exchange.

[Hypnosis00]

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

The situation went worse. Not just to have fake and multiple accounts joining the campaign but the project itself does not have such value. Sad to say that most of the bounties now are worthless and they don't care about these bots and fake accounts joining them, helping them to promote their project as they are benefiting from them.
Not yet to say to was dead but if this will continue, I'm afraid this will lead to that way and only old projects will stay.

[LogitechMouse]

After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?

They are all gone already.

Maybe they see that the time that they are spending in promoting projects in bounty campaigns isn't worth it with the money that they are getting. Most of the bounty campaigns are ending up either the team not paying the bounty hunters or the token of the project doesn't have any value at all. On the other hand though, I'm not saying that bounty campaigns are dead because if it is then there is no bounty campaigns that are being organized in the bounty section but until now there is so its safe to assume that it is still alive... well kinda. I'm not joining into bounty campaigns (altcoins) for a very long time already but its good to see that it is still there.

[JeffBrad12]

Not dead yet but it seems you have been running the  bounties created by garbage project. In my opinion that if when you are running bounty as a manager and it's your responsibility to think the right metrict to prevents the bots to join in the campaign. I see that there are so many legit bounties are still exist till today even some are moving to use native coin or stable tokens as payment as well. It's not easy for bounty to die. The same thing already said by people during 2019 - 2020 and it's still alive.
This will remain forever as long as crypto exist but the only big problem is how to know which was legit bounty

[wxa7115]

Regarding to the question about “are bounties dead?”. Not really.

Only a very few percentage of bounty programs are paying very well as long both the project and the bounty manager are reliable, honest and trustworthy. Every bounty campaign has risks but more on the time and effort that we have. However, we always have to acknowledge the fact that these bounty campaigns aren’t giving any promises or guarantees that they could be successful, paying us fairly, getting listed, etc. These are the risks. But if you are willing to take the risk, then that’s on you.

Personally I find it amusing, the OP seems to treat this as some sort of mystery when we know what happened, bounty campaigns in general stopped paying bounty participants long time ago.

When only one in ten, and I am being generous, of those campaigns pay you then what is the point in participating in so many campaigns when the pay you will receive is very low compared to the effort? So it is obvious the vast majority of the people that used to like bounties simply gave up since the chances they will get paid are so bad.

[BitKongy]

There are many problems affecting the bounty campaign since past years now and here are a few.

1. Many Spam and bot accounts.
2. Too many shit projects from devs that are not serious.
3. So many Scam projects looking for ways to attract investors.
4. Most projects won't give a damn after the bounty campaign end, they mostly cheat hunters too.
5. Rewards from bounties aren't fitting the hassle.

[aditasetia123]

Probably the most serious disadvantage of Bounty Campaigns is that you do not know the exact reward in tokens you will receive, because the total number of tokens is divided by all participants and whether you can then sell these tokens on the exchange. Or you will miss a high price, or the price will initially be small, or the token will not be traded on the exchange.

its depend on how much participants join to bounty campaign , and also each participants must collect stake as much as they can to get more reward than someone else.if we met campaign that set limitation for each part , maybe we could simulation for how many reward we could receive, but unfortunately less manager do this. joining in bountty campaign need our spirit and we should give up when we see alot people join meanwhile allocation very low.,we dont know what will happen in market, maybe its token price could pumped hardly and we get good amount reward.

[Reid]

Scam projects made it worst. There are good managers in the bounty section but sometimes they cannot assure that it will be successful. Some bounty project made it look real that even doing our best digging about it will not work.
Then, there are those who made good income back then when ICO is in the trend and paying great with all the bounty hunters, but they abused it by creating more accounts even though it's just a single person controlling them all. That will not be helpful at all. They are trying to scatter the good news but it won't work if that kind of advertisement is done.

[albon]

Not dead yet but it seems you have been running the  bounties created by garbage project. In my opinion that if when you are running bounty as a manager and it's your responsibility to think the right metrict to prevents the bots to join in the campaign. I see that there are so many legit bounties are still exist till today even some are moving to use native coin or stable tokens as payment as well. It's not easy for bounty to die. The same thing already said by people during 2019 - 2020 and it's still alive.
This will remain forever as long as crypto exist but the only big problem is how to know which was legit bounty

I see that preventing bots is not difficult. The Bounty manager can create a weekly form, in which the participants send their work, or through the form to join the campaign, he can put a math question or a captcha, and from this, he will be able to make sure that the participant is a real human or a bot. I agree with you that the biggest problem is choosing a legit bounty, and even that most of the trusted managers in this forum promote projects that don't pay or are scams!! But if the bounty allocation is escrowed, I'm 90% sure that you will get your rewards.

[$anounimus$]

Seeing the current development Bounty will never die, Bounty is still a good idea, maybe they just changed the way it works. Many people don't realize the best way to do it. The key question to ask a bounty manager about his campaign is what is the minimum acknowledgment threshold for submitting quality posts so that the quality improves over time so the bounty may return to its former glory like 2018.

[Irazzzta]

2018 is already 5 years ago, quality people and projects still exist. but a quality account will choose a quality project too, maybe you follow some less quality projects. unlike 5 years ago everyone was serious about building a project for a better known crypto image. Currently crypto is well known, so many scammer take advantage of it. such as creating multiple accounts or creating fake projects. I think this phenomenon is a sign that the crypto world is already at the top level

[Maestro75]

I see your point, but it also feels like the crowd has moved away - there were tons of hyped scam projects in 2018 - and yet there were a lot of support. It feels like crypto fans have changed the platform and here bounties are only crowded by  fake account

The crowd has moved as you have noticed and that is not just because the projects are scams, we know alot of them are scams, but because most projects do not pay their bounty hunters at all. These new projects now run bounty campaigns and pay with altcoins instead of paying with bitcoin as it was in the 2018 era you mentioned. No one will like to stay for a project that does not pay him. I have a bounty I did here that ended early this year but till today the project has not paid. They are jumping from one story to the other on why they have not yet distributed the token rewards.

[domoy77]

The difference is quite striking in each bounty program, especially social media campaigns, many managers do not carefully check everyone who joins the campaign, this is what I have asked before in other threads, even the many accounts used have no impact on the project According to this, managers should limit participants in social media campaigns, taking into account the number of followers or accounts they use are really active, not just active when participating in the campaign program

Now managers like detective bounty have done that where they set a limit on the number of participants who can enter the campaign and you can directly see each bounty program held by the manager I mentioned because the restrictions have already been made.
And so are several other managers who have implemented the same thing.

[Little_Sister]

Now managers like detective bounty have done that where they set a limit on the number of participants who can enter the campaign and you can directly see each bounty program held by the manager I mentioned because the restrictions have already been made.
And so are several other managers who have implemented the same thing.

The detective bounty is very good so far because it limits the number of signature members joining due to the small allocation given to the signature section, the goal is to maximize the earnings for hard work for signature members because some detective bounties pay in USDT or BUSD.

[Ozero]

A lot of it just has to do with a change in how people consume content. It seems the majority of activity for many coins and tokens tends to take place on Telegram, Discord and Twitter these days, with forums such as these increasingly becoming a niche for discussion. As such, you're just going to get fewer people, since it's only going to be a percentage of those people still actively using the forums who would sign for a bounty in the first place.

Yes, now very few new projects in their bounty provide for signature companies. And even those, if you look closely, do not shine with a special prospect. In addition, the remuneration compared to previous years, especially 2017-2018, has fallen many times. Therefore, the number of participants in these campaigns has greatly decreased. On the altcointalks forum, there are also several signature campaigns for a long time, and there is also a period when there is none at all. Thus, the choice that was before is practically no longer there.
As for the quality of the posts, I would not say that they differ greatly in different years, including now.