Bounty is taking another direction

[Yawa2020]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

[gurunanakji777]

Due to the high participation in the bounties rewards are not worth to makes you happy. At present most of the projects pay pennies and I believe European people can not survive on the bounties earning. On the other hand, survival cost is in the Asian countries is not much as compare in European countries so the majority of the bounty hunters are from Bangladesh, Pakistan, Africa, and India but the fact is hunters are always in hope that some project will pay him good rewards so they keep participating, in the end, no of bounties. By doing only 10-15 bounties one can't survive if he/she is fully dependent on the bounties earning he/she must do the maximum no of bounties that he/she can do in order to make money to survive. Most of the BM nowadays put a disclaimer on the thread they are not responsible for the distribution it is your decision whether to do it or not so always do due diligence before joining it.

[Xal0lex]

I see that the topic of bounty has recently started to gain new popularity, it feels like I'm back in 2017 on the forum. Indeed, as you correctly noted, the bounty has long since ceased to bring tangible income, so that it can be called a reward. It hasn't been making money for a long time now, it's just pampering. Earning in the crypto industry has long gone beyond the bounty and is concentrated elsewhere (I'm not referring to websites, but specifically token earning methods). Bounty for tokens, it's already like faucets for bitcoin. It's nothing if you spend a lot of time, and it's not a fact that you can cash out anything.

[Argoo]

It is hardly worth hoping that participation in bounty campaigns alone can give us enough money to live on. Participation in them is already paid much lower than before. In addition, due to the lack of any regulation of this type of activity, some teams of new projects end up not paying us their tokens for our work. Indeed, we can only hope that some of them will increase in value significantly over time. But this happens very rarely. In addition, the focus of bounty campaigns is now on social media advertising. Signature campaigns are now very rare and the choice of participation is very small. Therefore, bounty campaigns can now be regarded more as a hobby and additional income.

[YinShuiSiYuan]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

The bounty pool is presented by the project in advance, so then only from the number of participants depends on how much each individual earns.
As for securing the payment, it is enough for the project to give the bounty pool to the escrow and the problem will be solved.

[o48o]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

It depends how much you want to work, what kind of bounties you are willing to take and who is the bounty manager. I've been in various different bounties, some won't pay and some are rugs but also made over $10k with one bounty. It depends on lots of things. But surely you can understand that not everyone can make money from bounties. It's a zero sum game and more people will join, less there will be anything worth to participate.

[albon]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

Yes, I agree with you, and this is because of the thousands of participants in the bounty, If the allocation of tokens to the bounty is small. for this reason, each bounty manager must set a certain limit on the participants, so how is it possible for, for example, 9,000 and more hunters to participate in one of the bounties if they have allocated only $2000 to it for two weeks or a month?!!?? In the end, each participant will receive some cents or less in the project tokens. Unfortunately, working in the bounty become useless and not like before.

[Imran232]

<.........>

Look, honestly speaking, bounty managers are also like bounty hunters. But they made a safe position with their team because they were taking their payment first. If a bounty hunter was prepaid, would he work for the project? But in this case, they are not taking the responsibility for payment, but you have to understand that they are just a road by which we see our destination, but we have to go for our destination and the cost will also be ours. Well, this theory is completely different, but blaming BM is definitely not good. But I believe bounty has potential because I started my journey with bounty. I am still working on it because I am happy with my earnings. Remember, it's for those who need money for free, and free money comes with hard work, not just falling from the sky like rain. So the bounty field needs patience and hard work.
That's my overall opinion and others can be different. Thank you.

[serjent05]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s).

Not all BM is like that, we have some reputable bounty managers that do their best to secure the bounty allocation payment.  

To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

No one is forcing us to join any bounty.  Besides the term is already laid out before we join it.  So it is up to you to make a calculation and make a good judgment if we will profit from the bounty we wanted to join.

In the previous years, there are lots of bounties that turn into scams, neither paying the BM nor the bounty hunters.  So this kind of stuff isn't new to us.  At least at the present time, we have several BMs that ensure the promised token payment.

[tabas]

Bounties aren't forcing everyone to join and that's why the joiners must be aware that the value of its token is based on the size of its success.
If that project isn't successful then that's what really you're going to expect for that effort that you've exerted.
You shouldn't expect totally a lot from it because its reward is distributed to many joiners.

[Scripture]

Profit in bounties are not fixed, if you think the offer is not worth it then you should not participate at all. Beside, there’s already a lot of scam bounty campaign so you don’t have to worry about this anymore. If you want a sure profit participate on signature campaign that pays thru BTC, the payment their is still reasonable.

[goaldigger]

There’s a lot of this kind of Bounty since then, the payment rate is too low but still some hunters are willing to participate and its really their choice. If you want to earn more thru bounty, you can grab every opportunity beside most of the bounties pay using their own token which is still have no value, so this is the risk of every bounty hunters and you really have to deal with this. Just hope that you can find a lucky project that can bring big profit to you.

[zonefloor]

bounty is currently changing as you said. Again, as you said, many bounty hunters do not pay their rewards. But I am in favor of participating as long as it continues. Because unexpected projects can leave high rewards. Other than that, some bounty teams either guarantee the prizes or pay the prizes directly in dollars. You can also try these rewards.

[bittick]

Just join in the bounty that was putting the maximum participants. You are participating in the bounties that were not giving limits to the participants of social media campaign and that's the reason you are getting low reward then try to move on and think about this.
So, your complaint will be useless even when you didn't participate and it's still fine. Use your mind. You must think about something wrong with it and not others who solved this problem for you.
Yourself will decide which bounty that you will be joining on it

[Naficopa]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

How much you earn from the bounty depends mainly on the campaign you are participating in. Twitter, FB and Telegram campaigns are the least profitable because the most people take part in them. If you have any skills, you can take part in campaigns of writing articles or doing video reviews, which are much better paid and even on one you can earn $30 - $70.

[Psynthax]

It doesn't sound good but you have known that was the risk by joining in the bounty that didn't have limitation on its participants. It's better for you doing multi task. This will help you to earn at least two digits bucks. Some bounties like article and video were also giving decent reward for you as long as you have been dicipline to participate on it. I know that how do you feel about that but you must realize your mistake as well. You are only participating in the one bounty

[kaseygriffin]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

If you take it as a serious job, the accompanying skills and knowledge you have will be rewarded, I don't want to blame any party when we ourselves have the right to choose. decide with what we're in. But what I see in the current bounty space is that there are too many scam projects and also some low quality BMs, many hunters also have a lot of problems when their work doesn't get anything, other than bounty now I also see there are many ways to interact between people with projects like P2E, tesnet,... all of which bring great rewards for participants.

[Pffrt]

It's because number of participants has been increased significantly. Back in the day, if you check, there were only few hundreds submission and that's why hunters used to get more money while now, there are more than thousand of members on different campaigns.
Apart from that, I have seen some bounty reward pool to be in BUSD and that's $3000, how a BM can decide to run this shit even?

[Innerpumper]

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

I don't work for $1-$2 I know some bounty participants will only get low pay for various reasons from their projects, it's really sad because working expecting pay, what we get is just tiredness.
I think it's better for them not to pay at all than just paying $1 it's very tiring, usually happens in social media campaigns because it is very tiring, now I prefer to analyze the project before joining it so as not to be disappointed and they should pay according to what has been determined.

[Beparanf]

It's because number of participants has been increased significantly. Back in the day, if you check, there were only few hundreds submission and that's why hunters used to get more money while now, there are more than thousand of members on different campaigns.
Apart from that, I have seen some bounty reward pool to be in BUSD and that's $3000, how a BM can decide to run this shit even?

The increase of the number of participants is inorganic. Most of the bounty hunters nowadays are farm account especially on social media campaign. It’s so hard to control it since it’s a thousand of application that needs to be review individually. KYC or set high the requirements so that bot farmers can’t enter the campaign. This bounty hunters has zero output on marketing that’s why bounty is already ineffective. There’s also a launchpad that can bring sure liquidity to startup project, Legit project usually choose it rather than launching campaigns.