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Author Topic: Are bounties dead?  (Read 4949 times)
Daodex
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April 14, 2022, 11:39:11 AM
 #81

Bounties used to be a good way of making extra money but there are too many scam projects using bounty hunters for their own advantage now, do not take bounties very serious unless there is a very good project in the space that decides to use bounty hunters for awareness, you can also choose from lists of escrowed bounty campaigns, brain boss, julerz12 and bounty star do use escrow payment at times.

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April 14, 2022, 12:55:16 PM
 #82

Bounties used to be a good way of making extra money but there are too many scam projects using bounty hunters for their own advantage now, do not take bounties very serious unless there is a very good project in the space that decides to use bounty hunters for awareness, you can also choose from lists of escrowed bounty campaigns, brain boss, julerz12 and bounty star do use escrow payment at times.
less. at this time to be able to get a worthy award for bounty hunters, it seems that it is very difficult to get from the hundreds of projects that are being carried out so maybe being able to get 1 good one and give a decent one is something miraculous.

escrow is the best way so that it can give bounty hunters the confidence to trust but that alone is not completely guaranteed. once again all elements must be able to work well together and be willing to provide information to each other about a project, so that if the journey is not feasible it can be stopped and unsustainable which will actually make it difficult for many bounty hunters.
I hope that the golden age of the bounty in 2017-2018 can return again and I am optimistic that it will happen in the future, because good BMs will emerge and can properly select each project to be handled, so that it can contribute to bounty hunters fairly decently.

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April 14, 2022, 01:09:43 PM
 #83

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.
Presumably, many had looked at short-term investments rather than choosing long-term. The majority are riding the hypes that are made by NFT and Metaverses projects leaving bounties. As the fake project's issues continued, people don't make valued Bountie anymore as they'd rather ignore it.

Remembering those days 4 years ago when bounties are paying well but now,  they are absolutely changed, can't find legit, and too sad to say that they are getting worse.

R


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April 14, 2022, 01:15:28 PM
 #84

The only reason why it attracts most low-quality accounts or multiple alt accounts is due to the project they are trying to promote.
What I see most of the bounties there are fake coins or tokens or ICOs with no value and most of them are scams.
That is why it's not worth the effort to promote. Unlike before most of the bounties that I see are real and surely it has a value after being listed on exchanges and the project is serious, unlike these days.

THIS, but also, the project might not have done the necessary legwork beforehand and did not restrict bounties in such a way that bots would have a hard time joining. I think the bounty manager who decided that the project is worth promoting should be the one making sure the participants are of good quality.

I have seen good projects drown in bots and bad participants because of a lack of quality control. Even at times when the project itself would have definitely rose above and become something beautiful.

Shame, really.

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April 14, 2022, 01:43:56 PM
 #85

Bounties used to be a good way of making extra money but there are too many scam projects using bounty hunters for their own advantage now, do not take bounties very serious unless there is a very good project in the space that decides to use bounty hunters for awareness, you can also choose from lists of escrowed bounty campaigns, brain boss, julerz12 and bounty star do use escrow payment at times.
The point of escrow in the bounty campaigns was to prevent scams in the first place. So what happened is that legit bounty project coming to these reputable managers did work out nicely. Scam bounty projects got rejected by these managers so some less reputed and less known managers took them eventually they would not escrow the money because then the scam project owners would break the deal.

This leads to the propagation of scam bounties, because some manager (or wannabe) out there will eventually pick it up and agree to no escrow because they want work.

Ultimate end result remains same, work with reputable managers, you get some good rewards. But that time is better spent on going with bitcoin paying campaigns. Thus the gradual decline in enthusiasm in bounties, even though that section exists with its own share of cesspool.

R


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April 14, 2022, 01:58:43 PM
 #86

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've stopped or only participating in projects that they think have potential, these old bounty hunters know the fact that it's not worth investing your time and effort anymore, it took months before they received their rewards, the projects are scammed or have no market value, majority of participants in bounty campaign are those who can gamble or take the risk to join as many bounties as they can in the hope that one of the bounties they are promoting will give them good profit, it's like they are ok with 1 or 2 good projects out of 20.

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April 14, 2022, 02:01:26 PM
Last edit: April 14, 2022, 02:11:53 PM by Ararbermas
 #87

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 obviously its happening because mostly projects nowadays are low quality as well, wherein, they don't care who will gonna advertise their project as long as the participants wearing their signatures and etc because on that way they still can get attention and sad to say most of them are paying shitcoins unlike before.. So this is not surprising to be honest..
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April 14, 2022, 02:06:08 PM
 #88

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 obviously its happening because mostly projects nowadays are low quality as well, wherein, they don't care who will gonna advertise their project as long as the participants wearing their signatures and etc because on that way they still can get attention..
And sad to say most of them are paying shitcoins unlike before.. So it's not surprising why it's happening..

We have enough view points shared that why bounties are not attractive anymore. But what surprises me that there is no decrease in bounty hunters.
You launch a new bounty today and within seconds hundred of people will register for social media bounties. When people know that bounties are useless why people join them ?

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April 14, 2022, 02:54:55 PM
 #89

Bots and plagiarism was a problem then as well. In fact at some point they were in this forum farming accounts. I think that you are just paying more attention to it this time. Most twitter accounts used in bounties were desinged for only that, most youtube accounts were crap, and translations were low effort if not even made with google translate. Paraphrased articles/reviews etc. Not to mention the multiple telegram accounts posting nonsense.
The difference is that there are way more projects these days and the bounty managers have a very little time, I mean you could work like 16 hours a day, but you can't do that every single day. By creating like 10 bounties for a single manager, you are giving them a workload of checking thousands of people, and that is not an easy task, do that for 10 projects and they check tens of thousands of people. I wouldn't be able to do it for that many, I would accept like one or maybe two and then learn from that.

Or maybe I would just hire other people to help me out as well, that way it would be easier. All in all I wouldn't accept 10 bounties all by just myself, that is too much. This is why we are seeing lower and lower quality, because managers can't check them properly.

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April 14, 2022, 03:21:53 PM
 #90

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?

bounty mania has ended. Now there are few projects, and them don't offer interesting revenue for users.
Sometimes they requires a lot of tasks and actions, or to have all social networks linked with an account... no it's not for me.
Personally I have joined just a couple last year (really simple registrations like provide an email address + eth address)... since the most project heavily advertised are scam, or a loss of time.
However interesting project must use bounty for distributions of their coins because with minimal effort they can acquire a big fan bases and receive a lot of promotion.

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April 14, 2022, 04:30:17 PM
 #91

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?

Every day a new project is launched, both with a bounty campaign system and with an Airdrop. There may be hundreds of projects trying to attract investors. This causes some projects to fail. Failed not only during the campaign period, but there are also projects that have been launched to the exchange not getting a good price, even much lower than the presale price. I not only participated in the bounty campaign, but also participated in the presale.

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April 14, 2022, 05:24:12 PM
 #92

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.
That's why i like Detective bounty management and i'm very satisfied as a participant for their several Signature campaigns. Their allocation is very low so that it’s really important to limitation in their campaigns otherwise no one will get decent rewards. And their mostly campaigns managed by escrowed payment, so i think it’s guaranteed rewards for the hunters.

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April 14, 2022, 05:26:17 PM
 #93

~
It's not that powerful of a strategy as it was before, eh? I can still recall back in 2017 when the bounties board almost get bombarded by newer projects every hour and it was almost a scam pit for the many as most of them turned out to be just an attempt to collect your data anyway.
It's a no-go just like airdrops now.
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April 14, 2022, 05:50:40 PM
 #94

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?

Every day a new project is launched, both with a bounty campaign system and with an Airdrop. There may be hundreds of projects trying to attract investors. This causes some projects to fail. Failed not only during the campaign period, but there are also projects that have been launched to the exchange not getting a good price, even much lower than the presale price. I not only participated in the bounty campaign, but also participated in the presale.

These are some good reasons why some bounty hunters might have quit bounty hunting because they have not earned like the way they expected.
A project might be a scam, won't get good value in the market, or will eventually fail, thus you're earning worthless tokens, or shitcoins.
Though there are still a handful of good projects that'll get you good earning once their token took off.

R


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April 14, 2022, 06:03:09 PM
 #95

The only reason why it attracts most low-quality accounts or multiple alt accounts is due to the project they are trying to promote.
What I see most of the bounties there are fake coins or tokens or ICOs with no value and most of them are scams.
That is why it's not worth the effort to promote. Unlike before most of the bounties that I see are real and surely it has a value after being listed on exchanges and the project is serious, unlike these days.

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

Because many project nowadays didn't pay the bounty hunters and mostly, projects now failed even they did a lot of promotion.Also there is only few project back in 2018 and those project is genuine and with real use case that's why many investors put their trust to those projects. Unlike now, many projects launched everyday and you didn't know what project will succeed in the future. And there's a lot of scammers nowadays that's why investors are very careful to trust the project.

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April 14, 2022, 06:31:52 PM
 #96

Every day a new project is launched, both with a bounty campaign system and with an Airdrop. There may be hundreds of projects trying to attract investors. This causes some projects to fail. Failed not only during the campaign period, but there are also projects that have been launched to the exchange not getting a good price, even much lower than the presale price. I not only participated in the bounty campaign, but also participated in the presale.
In essence the bounty campaign is still not dead until now because there are many projects that are always born with different qualities and everyone can see it very carefully before choosing and entering the presale, because the risk is always there in every new project with the potential for failure is always there inside it.

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April 14, 2022, 07:53:35 PM
 #97

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?

Actually the bounties died a long time ago. All those who are now trying to make money on bounties and airdrops by spamming the forum with these countless tweets, Facebook reports, you are wasting your time. The market has long been transformed. If you want to earn tokens, which will have some value, then participate in testnet, in Ambassador programs, etc. The times of bounties are over, and they all bring almost nothing to their participants, with rare exceptions. The time that bounty hunters spend on this could be spent in far more profitable pursuits.

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April 14, 2022, 08:11:04 PM
 #98

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?

I don't see much difference in the bounty campaign, because all the campaigns I've participated in they have paid for it, although not on time, but the work I did on the bounty campaign was never in vain. and I really hope the bounty campaign is available here forever. so my advice to you is to choose and follow a bounty campaign that has a good and professional manager and study the project before you follow it. so it doesn't give rise to the thought that the bounty campaign is dead.

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April 14, 2022, 08:12:18 PM
 #99

Still available but its hard to find out those real bounty projects from thousands of shit. Even in those days of 2018,  there were also shit bounties! so its important to analysis a bounty project before start promoting blindly. If you find out bots, bot accounts, multiple fake people, then avoid those bouny project. But another real fact is, good project Doesn't neee bounties for their promotion. Lots of good project succesfully traded without helding any bounty..

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April 14, 2022, 08:12:50 PM
 #100

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?
Real users had just focused on other ventures or career which do exclude out bounties on their list considering that most projects are already that scammy or not really that have some value which it would

really ending up on wasting effort and resources and its been long time gone into those golden days of bounties where most people do really cherish out big profits when they get paid
but now?  All of them or almost are trash which isnt really that worth so expect that there would be still someone who would really engage but though it would be mostly
bots or multiple accounts.

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