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Author Topic: Are bounties dead?  (Read 4950 times)
jahepahit
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April 13, 2022, 07:53:12 PM
 #61

Things do change from time to time and people tend to move to a place or system that seems more profitable. If you look at how many scam projects people have encountered then at a point it will seem there are no more legit projects. Maybe this is why the quality reduced. But recently people have been more concerned about making profits.

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April 13, 2022, 09:29:51 PM
 #62

- it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?
I think, For the most part, they neglected to market the real value of the community.  Some projects look to IDO on the launch pad in search of alternative high-end money pumps.  In other words, they use money to buy cross-community… Of course, that doesn't change the vision and everything about quality projects - but real quality projects, don't need to spend money to buy support public - their value and proper development.

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April 13, 2022, 09:39:12 PM
 #63

These days, bounties don't pay; plenty of individuals use many accounts to earn several incentives, and most of the projects they launch these days are mostly scams or projects with no future. Nonetheless, we participate to try our luck because no one knows when or how they will succeed in life.

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batang_bitcoin
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April 13, 2022, 09:49:21 PM
 #64

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?
2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.



 

 

 

 

 

 


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nurilham
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April 13, 2022, 09:54:59 PM
 #65

There are many cases where bounty hunters have multiple accounts to increase the income they get, that's why sometimes the posts that are made are of less value. The bounty now and in the past is clearly the different and to find a good bounty nowadays is a bit more difficult among the many bounties or projects that appear. If you say the bounty is dead then I don't think so because there are still many bounties that can be followed, it's just that we have to be smart in choosing a good bounty. Comparing the current bounty with the previous one will only make us lazy to follow the bounty, so follow the flow and for the bounty hunters do the best to get the best results too.
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April 13, 2022, 10:03:05 PM
 #66

Bounties are going to grow alongside with blockchain. Infact i think bounty system will expand to other fields of life. This is the new marketing way, and is going to make the old marketing systems obsolete. With this you don't need a marketing team without performance, instead a user base is developed along side with the marketing is also done. So win win situation for all.

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April 13, 2022, 10:05:06 PM
 #67

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?
2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

we are still seeing a lot of bounty programs, but maybe, you can only count them in fingers who are really respecting their agreement about giving the tokens allotted to their hunters at a specified period of time. and even if they sent it to them, there's no guarantee that they can sell it in the market for the price they said to its hunters. bottomline, even if we see a lot of these bounty programs everyday, only few of them will make it in the market. not yet dead but i guess, it should be stopped as they are mostly wasting time of the users here or scamming investors.

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April 13, 2022, 10:32:00 PM
 #68

Nix, the bounty scheme is still full of fake projects or coins as said above. The problem is some bounty managers don't check on the project they advertised a year later. and I believe what reduces the number of fake projects is IDO but there are still some fake projects doing the same previous ICO in another style.
IDO was making KYC verification as a mandatory for the any ICOs that wanna be listed or launched through IDO platforms. The problem was if it's not all of IDO platforms are implementing this.
I  presume it is not all IDO launchpad platforms that mandatory KYC verification for the project team before launching their IDO. There are some decentralized an IDO platforms didn't support KYC and it newbies who need to educate themselves about this.

IDO platform like pinksale or something else are still allowing the ICOs creator to launch the sale without even doing KYC verification but it seems like that there are more and more parties that were doing verification to the team but yeah we are in the bearish market.
Speaking of pinksale, they have done IDO for  9072 projects, for which a total of $362.1M was raised and I am sure that not all the investors that participated in their IDO understand they didn't support KYC.
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April 13, 2022, 11:06:55 PM
 #69

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?
Cheaters have been existef since in the past, even in 2018 or previously. And they seem never endless.

Bounty today may be not as many as previously. We can also see from the decreased of BM that are active right now.
but with this condition, we can see also that thr bounties are not as high as shit projects in the past.




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April 14, 2022, 04:29:54 AM
 #70

Nix, the bounty scheme is still full of fake projects or coins as said above. The problem is some bounty managers don't check on the project they advertised a year later. and I believe what reduces the number of fake projects is IDO but there are still some fake projects doing the same previous ICO in another style.
IDO was making KYC verification as a mandatory for the any ICOs that wanna be listed or launched through IDO platforms. The problem was if it's not all of IDO platforms are implementing this.
I  presume it is not all IDO launchpad platforms that mandatory KYC verification for the project team before launching their IDO. There are some decentralized an IDO platforms didn't support KYC and it newbies who need to educate themselves about this.
As i said that above if it's not all if platforms are implementing the KYC verification. In my opinion mostly of IDO that was not doing verification to the its client will be always used by the scam project. So many scam tokens are launched through this launch pad.


IDO platform like pinksale or something else are still allowing the ICOs creator to launch the sale without even doing KYC verification but it seems like that there are more and more parties that were doing verification to the team but yeah we are in the bearish market.
Speaking of pinksale, they have done IDO for  9072 projects, for which a total of $362.1M was raised and I am sure that not all the investors that participated in their IDO understand they didn't support KYC.
Yeah sure especially those meme tokens investors who are always gambling with the new meme tokens that launched through pinksale. I have seen so many people got scammed as well.

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April 14, 2022, 05:29:40 AM
 #71

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?

Well because in that time a lot of people didn't know if bounties can replace their real-life job so because many people see a lot of potential in bounty campaigns they make a lot of accounts to get more rewards with little effort. Also nowadays a lot of new projects coming up unlike in 2018 because right now crypto is more mainstream than 4 years ago so you will feel only a few projects that huge crowd.

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April 14, 2022, 07:25:07 AM
 #72

2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

we are still seeing a lot of bounty programs, but maybe, you can only count them in fingers who are really respecting their agreement about giving the tokens allotted to their hunters at a specified period of time. and even if they sent it to them, there's no guarantee that they can sell it in the market for the price they said to its hunters. bottomline, even if we see a lot of these bounty programs everyday, only few of them will make it in the market. not yet dead but i guess, it should be stopped as they are mostly wasting time of the users here or scamming investors.
It's all about the success that they get from their ways of marketing which includes bounties. The bounty hunters are aware of the success chance that a project may get.
So, many of them are just joining as much as they can and they know the percentage of it won't be the same as few years back when most of the bounties were successful.



 

 

 

 

 

 


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April 14, 2022, 07:34:47 AM
 #73

2018 and past years were no longer the same. You have seen the big changes that has happened to the entire bounties market. But I don't think that it's dead already.
I can still see a lot of bounties paying their participants and is convertible to the cryptocurrencies that they like. It's just hard for all of the bounty hunters to find the legitimate one especially if most that you've joined always fail to success.

we are still seeing a lot of bounty programs, but maybe, you can only count them in fingers who are really respecting their agreement about giving the tokens allotted to their hunters at a specified period of time. and even if they sent it to them, there's no guarantee that they can sell it in the market for the price they said to its hunters. bottomline, even if we see a lot of these bounty programs everyday, only few of them will make it in the market. not yet dead but i guess, it should be stopped as they are mostly wasting time of the users here or scamming investors.
It's all about the success that they get from their ways of marketing which includes bounties. The bounty hunters are aware of the success chance that a project may get.
So, many of them are just joining as much as they can and they know the percentage of it won't be the same as few years back when most of the bounties were successful.
Indeed, when talking about the current bounty campaign, it is different from the past,
in the past we could get a lot from just one account but it's different now,
so maybe it makes some people join the bounty campaign using multiple accounts

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April 14, 2022, 07:53:12 AM
Last edit: April 14, 2022, 08:10:10 AM by Daniel347
 #74

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April 14, 2022, 08:29:20 AM
 #75

In the crypto space today everyone is now a developer, this is why we have tons of crap and shit projects in this space today, bounties on the other part are mostly scam projects, only 1 out of a hundred is worth promoting, do your own research if bounty is your thing and choose wisely.

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April 14, 2022, 08:44:55 AM
 #76

In the crypto space today everyone is now a developer, this is why we have tons of crap and shit projects in this space today, bounties on the other part are mostly scam projects, only 1 out of a hundred is worth promoting, do your own research if bounty is your thing and choose wisely.

Even though when there are many projects that have no results, but some of them I have gotten good projects but the pay is per week even though the results are not much but I am quite satisfied because I get results every week.
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April 14, 2022, 08:50:36 AM
 #77

In the crypto space today everyone is now a developer, this is why we have tons of crap and shit projects in this space today, bounties on the other part are mostly scam projects, only 1 out of a hundred is worth promoting, do your own research if bounty is your thing and choose wisely.

Even though when there are many projects that have no results, but some of them I have gotten good projects but the pay is per week even though the results are not much but I am quite satisfied because I get results every week.
I agree most of them don't end well but trust me they are still worth a try. Last year if I played smarted I would get more then 50k$ for one bounty, instead I sold it too early for 5k$.
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April 14, 2022, 09:19:34 AM
 #78

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.
With limit number participants have chance higher reward distribution but keep not really bigger if your rank under Sr Member, almost several time on detective signature campaign how ever much reward allocation keep 20$ each week for Sr Member and 40$ allocation each week for Hero Member, above Full Member will credit only 10$ every week. I know with how good signature bounty campaign from Detective but if have account under Sr Member looks little reward achieve and several signature or bounty campaign there always distribution on time based on announcement there.

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April 14, 2022, 09:31:42 AM
 #79

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?

Because of the low percentage of bounties nowadays that are actually paying and most of them are turning into scams or just some kind of sugar-coated project, users wouldn't want to waste their time even though they might pass a real project. Unless there will be some users who shared their successful bounty experience like back in the days, bounties nowadays will not be the same as 4 years ago. Also, more people are attracted to NFTs rather than doing bounties that don't have any assurance to pay.
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April 14, 2022, 09:33:47 AM
 #80

In the crypto space today everyone is now a developer, this is why we have tons of crap and shit projects in this space today, bounties on the other part are mostly scam projects, only 1 out of a hundred is worth promoting, do your own research if bounty is your thing and choose wisely.
They can't be called as developers but they are scammers. In my opinion if you must also aware about that if there are so many token creation service on fiverr. You can pay a few dollars to get a new token minted as per your request. This what we called that as scam.
So many scammers are also using this kind of service to create scam tokens. Majority of scammers have no knowledge about token creation but they are using such service.
It's not all of bounties are scam but mostly of bounties issued by suspicious project will be lead into the scam project

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