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Author Topic: Bounty is taking another direction  (Read 899 times)
thet
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May 25, 2022, 10:40:23 PM
 #141

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?


Not all bounty hunters get their reward after joinging and focusing on the job that they need to do. They are having a hard time doing the job and end up receiving nothing.

There are some projects that end up as a scam but as a person who really need some money, you cannot stop what you are doing because there are projects that are also successful.

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May 25, 2022, 10:47:22 PM
 #142

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?

Not all bounty hunters get their reward after joinging and focusing on the job that they need to do. They are having a hard time doing the job and end up receiving nothing.

There are some projects that end up as a scam but as a person who really need some money, you cannot stop what you are doing because there are projects that are also successful.

As we can't stop these people to launch their bounty programs, it lies now on the user if he will participate a specific bounty program or not.
The truth is, it is the bounty hunter's responsibility to do his job of researching the project and it is his own assessment if the project is worth to promote or not.
You have your choice whether to join or not, it is not compulsory to join every bounty, so whatever happens will be your own judgment here.
This is why some BM will put a disclaimer that they are not part of the project but just asked to hold the campaign, and they are not liable to whatever losses people will have.
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May 28, 2022, 09:52:08 AM
 #143

something I have come to realize of late about the bounty is make proper research about a campaign before going into it. also, dispose your mind to the fact that some campaigns will not pay much because of how much is assigned to the project and the number of participants involved in the project. also, we should be aware of the level of a scam project that doesn't pay. not getting paid for a campaign can be disappointing but we can comfort ourselves with what we have learned so far and not give up, because of a failed project.

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June 04, 2022, 03:19:00 PM
 #144

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?


Not all bounty hunters get their reward after joinging and focusing on the job that they need to do. They are having a hard time doing the job and end up receiving nothing.

There are some projects that end up as a scam but as a person who really need some money, you cannot stop what you are doing because there are projects that are also successful.

Well, in that case, you are absolutely right, because there are many bounty hunters who are no longer encouraged to do this type of work, the moment they are paid for the tokens, they sometimes stagnate, they never come out and everything is lost there, but I have seen that some campaign managers can do something very good, which is to make the blade hunters do their job and get paid in BTC, and another amount can be negotiated in the tokens, so the blade hunters don't waste their time, because to tell the truth , time and energy are spent there, they make an effort to at least do something good, of course not all of them, some do it with good quality.

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June 04, 2022, 04:02:13 PM
 #145

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 admit that currently the rewards from bounty campaigns are less compared to a few years ago in 2018 to 2020. However, from my experience in participating in bounty campaigns, not all campaigns provide large rewards and not all campaigns provide low rewards. all depends on the allocation provided and the number of participants who follow it.
Yes, with rewards from participating in bounty campaigns, everything is very bad now. First of all, we see that there are very few signing campaigns in new projects now. The focus is on social networks. Yes, and those projects that provide for signature campaigns pay us absolutely ridiculous amounts that are not worth the effort even if the project team fulfills its promises. Therefore, even with a small choice to participate on such conditions, there are few who want to participate.

For example, the signature campaign of the INCUBATEX LAUNCHPAD project is currently underway, in which, with a total pool of $ 60,000, they promise to allocate 3 to 5 percent for the signature campaign. It is from 1800 to 3000 dollars. At the same time, they require that campaign participants write at least 15 posts per week with the dubious value of their token. As a result, even with no recent signing campaigns, since May 23, only four accounts have signed up for this campaign.

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June 04, 2022, 09:01:09 PM
 #146

~
It's obvious since social media networks are now flooded with many people unlike back then. It is still a gamble since it is not guaranteed to get many audience there due to fierce competition that many projects have these days desperate for investors.
Signature campaigns are obviously inside the forum and the exposure is limited, but if your product is standing out really well anyway in this  forum, you might not need to get a wider reach in other social media networking sites.
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June 04, 2022, 09:45:18 PM
 #147

something I have come to realize of late about the bounty is make proper research about a campaign before going into it. also, dispose your mind to the fact that some campaigns will not pay much because of how much is assigned to the project and the number of participants involved in the project. also, we should be aware of the level of a scam project that doesn't pay. not getting paid for a campaign can be disappointing but we can comfort ourselves with what we have learned so far and not give up, because of a failed project.
it can't be confirmed that someone can get a reward from the bounty they do, so just do it and don't have high expectations...

Even projects that we see have no potential and are actually paying off, surely many have experienced this. it's hard to be sure of a legit bounty right now so if you really have enough time, then just follow all the bounties and don't give up because maybe one of the bounties you follow will pay you a lot.



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June 04, 2022, 11:06:31 PM
 #148

something I have come to realize of late about the bounty is make proper research about a campaign before going into it. also, dispose your mind to the fact that some campaigns will not pay much because of how much is assigned to the project and the number of participants involved in the project. also, we should be aware of the level of a scam project that doesn't pay. not getting paid for a campaign can be disappointing but we can comfort ourselves with what we have learned so far and not give up, because of a failed project.
we join campaign we see without investigation and because of money, that is why we are having some challenges, scam projects is every where and no way some body can notice the scam project because of how their are built except the time of running the project and by the end the project refuses to pay their participants we that rush to join bounty campaign should know the good bounty to advertise with

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June 05, 2022, 11:47:59 PM
 #149

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?
new projects making bounties on bitcointalk now are hardly successful, unlike back in 2017 when bitcointalk was the home of crypto, a lot of people were getting news and jumping on new projects from here, but now, most successful projects don't need any promotions on bitcointalk, so mostly projects on bitcointalk are "bad" with no backers, which of course gets very low value for their token and bounty participants will end up with almost nothing, i think bitcointalk bounties are done, except if they paid in stable coins are other coins like bitcoin, at least you know what you're getting.

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June 06, 2022, 01:27:18 AM
 #150

new projects making bounties on bitcointalk now are hardly successful, unlike back in 2017 when bitcointalk was the home of crypto, a lot of people were getting news and jumping on new projects from here, but now, most successful projects don't need any promotions on bitcointalk, so mostly projects on bitcointalk are "bad" with no backers, which of course gets very low value for their token and bounty participants will end up with almost nothing, i think bitcointalk bounties are done, except if they paid in stable coins are other coins like bitcoin, at least you know what you're getting.
Some of what you say is true because in 2017 there were so many people who earned through Bounty, but for now it doesn't mean that Bounty in Bitcointalk is finished because the payout is small.
Because the number of participants who enter a bounty can also affect the income of a bounty participant, especially if the amount of allocation for the bounty is not so much and the manager does not make restrictions on participants who want to join the bounty, obviously the results will be very small even though other influences such as the price of tokens in the market can also be a special reason.

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June 06, 2022, 05:13:34 AM
 #151

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?

Not all BM are the same like what you are talking about dude, However, I can't deny that there are some of the BM really don't have a concern to the majority of the participants or bounty hunters instead. But there are some really have a concern actually especially if they're rank here in the forum are Sr. member and up, possible for the Bm's who are just a newbie I could say they don't care for real but not all of course.

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waybesuricata
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June 06, 2022, 07:08:30 AM
 #152

Only a few of the bounty campaigns I participated in recently paid off. All others delayed payments. If the market continues like this, I don't think they will pay. Because the bounty projects I participated in recently could not successfully complete the IDO process.


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Ebede
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June 06, 2022, 09:46:46 AM
 #153

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?
Bounty is a promotion of a particular coin due to making people who don't know the project and the product to it, before this people hired some people to work with them they have amount of money mapped out for the advertisement which by the end of the campaign the manager will distribute the money to any of the qualify participants, the money they paid to the participants are being known to public before accepting the deal, if the money is tool small that means you used the work bounty as a passive income

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vectisitch
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June 06, 2022, 10:09:28 AM
 #154

As an ex team member on a few different projects i was involved with bounties/ airdrops ect that required a certain amount of activity or quality in the tasks required. I can say that around 70% of participants were from the poorer countries. So these bounties were obviouysly used as a means of income to people which was ok. However most participants were caught trying to cheat the system. Either not doing what was asked or writing a very poor article with really bad English. So we had to disqualify them or not pay as the quality was too poor. We then got screamed at for not paying. They wanted to know why their 30 minutes of work only paid 10 cents worth of coin/token. To me bounties or airdrops are a speculative activity. You do it to hold and hope it gains value.But most people wish to just dump the coins and crash the price, then cry that it's worthless.The days of bounties and airdrops are over imo as they only serve to destroy the value of the project over time with the constant dumping.
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June 06, 2022, 10:27:02 AM
 #155

Only a few of the bounty campaigns I participated in recently paid off. All others delayed payments. If the market continues like this, I don't think they will pay. Because the bounty projects I participated in recently could not successfully complete the IDO process.
Many new projects or new bounties cannot complete their IDO very well because of the market and it cannot be denied by the participants who take part in it because the developers also have to surrender to the market so that the bounty participants must also be willing to have their work not paid on time, but if you see the bounty that you follow, I think you will get the result and it is also in accordance with the duration of the bounty that has been applied.

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KaliLinux
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June 06, 2022, 11:17:49 AM
Merited by pealr12 (3)
 #156

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 is very different with different bounties. Yes, we have seen Bounties projects that have refused to distribute after the bounty ended, some that changed what ought to be distributed as specified before the bounty started, and those that did distribute as expected so we cannot rope all in one bundle. At the same time, some projects have all of a sudden gone down to the trash after they were distributed as planned like BP even after all the promotion. You win some you lose some and continue trucking  Grin 

As an ex team member on a few different projects i was involved with bounties/ airdrops ect that required a certain amount of activity or quality in the tasks required. I can say that around 70% of participants were from the poorer countries. So these bounties were obviouysly used as a means of income to people which was ok. However most participants were caught trying to cheat the system. Either not doing what was asked or writing a very poor article with really bad English. So we had to disqualify them or not pay as the quality was too poor. We then got screamed at for not paying. They wanted to know why their 30 minutes of work only paid 10 cents worth of coin/token. To me bounties or airdrops are a speculative activity. You do it to hold and hope it gains value.But most people wish to just dump the coins and crash the price, then cry that it's worthless.The days of bounties and airdrops are over imo as they only serve to destroy the value of the project over time with the constant dumping.
On this, we keep hearing this same narrative from the project team but wouldn't you think it better to pay the accounts that did what was required their full worth and of cause penalize the defaulter which we don't have a problem with as long as there is the evidence of their poor work instead of penalizing all including those that did it right? Cos we have seen where everyone are penalized bcos of the bad ones.
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June 06, 2022, 11:30:33 AM
 #157

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 is very different with different bounties. Yes, we have seen Bounties projects that have refused to distribute after the bounty ended, some that changed what ought to be distributed as specified before the bounty started, and those that did distribute as expected so we cannot rope all in one bundle. At the same time, some projects have all of a sudden gone down to the trash after they were distributed as planned like BP even after all the promotion. You win some you lose some and continue trucking  Grin 

As an ex team member on a few different projects i was involved with bounties/ airdrops ect that required a certain amount of activity or quality in the tasks required. I can say that around 70% of participants were from the poorer countries. So these bounties were obviouysly used as a means of income to people which was ok. However most participants were caught trying to cheat the system. Either not doing what was asked or writing a very poor article with really bad English. So we had to disqualify them or not pay as the quality was too poor. We then got screamed at for not paying. They wanted to know why their 30 minutes of work only paid 10 cents worth of coin/token. To me bounties or airdrops are a speculative activity. You do it to hold and hope it gains value.But most people wish to just dump the coins and crash the price, then cry that it's worthless.The days of bounties and airdrops are over imo as they only serve to destroy the value of the project over time with the constant dumping.
On this, we keep hearing this same narrative from the project team but wouldn't you think it better to pay the accounts that did what was required their full worth and of cause penalize the defaulter which we don't have a problem with as long as there is the evidence of their poor work instead of penalizing all including those that did it right? Cos we have seen where everyone are penalized bcos of the bad ones.


I'm not saying we paid no one. We did pay the people who did the required tasks. But the people who were just in it for income and dumped as soon as they got paid slowly sunk the price. So their coin rewards were worth far less than they were if everyone held their coins. That is a well known problem in bounty/airdrop coins. We called them locusts. They stripped the coins of their worth and then just moved on
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June 06, 2022, 11:48:02 AM
 #158

Unfortunately, the golden times of bounties in the ICO era, where it was possible to earn tens of thousands of dollars on one campaign, are gone and will probably never come back. Nowadays, I definitely prefer to participate in bounties that pay out rewards in cryptocurrencies available on the market, and preferably in stable coins. Ideally, when the campaign is led by a reputable BM and funds are secured by escrow.

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nimogsm
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June 06, 2022, 02:49:19 PM
 #159

Unfortunately, the golden times of bounties in the ICO era, where it was possible to earn tens of thousands of dollars on one campaign, are gone and will probably never come back. Nowadays, I definitely prefer to participate in bounties that pay out rewards in cryptocurrencies available on the market, and preferably in stable coins. Ideally, when the campaign is led by a reputable BM and funds are secured by escrow.
I only participate in such, because there are guarantees.Yes, there are not such large amounts as we once found, but still it is a nice bonus for which you can then buy another cryptocurrency.Besides, it doesn't take much time.
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June 06, 2022, 02:59:00 PM
 #160

Unfortunately, the golden times of bounties in the ICO era, where it was possible to earn tens of thousands of dollars on one campaign, are gone and will probably never come back. Nowadays, I definitely prefer to participate in bounties that pay out rewards in cryptocurrencies available on the market, and preferably in stable coins. Ideally, when the campaign is led by a reputable BM and funds are secured by escrow.
There are still some bounties and ICOs out there that people can participate in and make bank. Regulation hasn't kicked in yet and you can still make it. You can check the bounties section of this forum to see for yourself. One project running a bounty program right now is Candle Chain. It's a POS blockchain built from the ground up to host metaverses. It can do 80k TPS with two second finality with 0 fees and is EVM compatible. Those stats put it above what BNB chain and Polygon can do. We are still early and there is a lot of opportunity for profit. If you missed 2018, 2022 is your year.
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