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Author Topic: The new bounty stopped coming?  (Read 850 times)
Juwel580 (OP)
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June 29, 2022, 05:00:40 AM
 #1

Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.
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June 29, 2022, 05:29:06 AM
 #2

I agree, I guess bounty now is slowly fading out hence no more good projects now and the quality of project nowadays were pretty copy and paste. I missed the golden era of bounties and missing good bounty reward payouts. This year, so many bounties I joined with that turned out scam especially with a project that deals with auto-staking thing.

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June 29, 2022, 06:02:47 AM
 #3

The current trend of cryptocurrency developments shows that governments around the world can openly state their stance on digital currencies and their circulation. Now there are around Cryptos 20,056 and Exchanges 512, but only a few dozen really get attention which makes investors lose interest in this system despite the many promises and guarantees to investors from bounty developers, but I think so far have not been able to stop the decline in value due to the correction a very volatile market happens all the time and this could be one of the factors why the bounty campaign has been reduced in intensity for a while.

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June 29, 2022, 06:19:14 AM
 #4

It's been only a few months since this market turns reddish and you are complaining about new bounty projects? Many new projects still pop up but the truth is they don't need bounty hunters to promote their projects, even in bull market bounties don't show up every week, now that 99$ of projects are scam you should worry less if new projects are slowing down.

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June 29, 2022, 06:42:33 AM
 #5

I think bounty campaign amount reduction has nothing to do with market price drops. In 2018 or 2019, when every cryptocurrency cost 4-10 times less than it cost now, we had more bounties that today.

In my opinion, the amount of new projects reduced greatly, and projects have realized, that running a bounty campaign is not the most needed element of marketing. Bounties were instruments to create noise in the media and to stand out. Now, when there are only few projects worth investing, there is no need to create noise in media, because everyone spot such projects with any promotion.

 
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June 29, 2022, 07:03:25 AM
 #6

I think bounty campaign amount reduction has nothing to do with market price drops. In 2018 or 2019, when every cryptocurrency cost 4-10 times less than it cost now, we had more bounties that today.
This is even irrelevant thing. Have you seen war and global economic collapse happened in 2019 and 2018 that were massively affecting so many countries and even made the major countries like US got huge inflation?

This time is actually different with what happened in 2018 and 2019. I guess if you forgot if we have been facing so many problems with covid pandemic and after that once global economic was not fully recovered and war is happening.

Even so many EU countries have been getting very big impact like energy crisis that never happened before covid. I have been talking with some CEO and they were delaying do spend more budget to the marketing purposes even some were delaying their IDO even that launched through legit IDO platform like polkastarter.

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June 29, 2022, 07:14:06 AM
 #7

Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.

If you look at the bounties section, there are still a very large amount of active bounties but less than it used to be. Compared to a couple of years before, prices they give are indeed lower but some bounties are still interesting (sometimes casinos give out some bounties and they can be quite rewarding to participate in).



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June 29, 2022, 07:24:12 AM
 #8

Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.
Not only about the current state of the market and the collapse of BTC has reduced the price by about two thirds, but basically every new project developer must also devise a different strategy and concept at this time before launching a new project because if the concept is the same, then the progress of the project will also not be they get.
So the thing to build a new project is not always easy now and also requires some finer considerations.
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June 29, 2022, 08:35:03 AM
 #9

IIt's no longer a secret that many projects are being halted due to poor market conditions. When the market is here to stay, trust the system and wait for the perfect moment. Surely Bounty will introduce soon, but they are simply searching for the best time to launch. It is necessary to provide an explanation, and here we are! How do you feel about the current crypto market situation? Bitcoin itself is going to the 5th floor in the basement, so there is no way for any other new entrants to survive where existing products are still around.
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June 29, 2022, 08:43:05 AM
 #10

Obviously this bearish market conditions are leaving negative impact on every part of crypto industry so this is not surprising at all if new bounties are going to be stopped personally I don't keep much expectations with the bounties in which I am participating although I only participate in experienced bounty manager's bounties which is quite difficult to find out these days because of dull market conditions.
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June 29, 2022, 08:47:43 AM
 #11

Things will get more ugly as crypto market loses its value, bounties will be harder to come by and also many scam projects will be born, only like three to four bounty managers have decided to buckle up and introduce escrow payment, it will be better if other bounty managers take the same path too.

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June 29, 2022, 09:14:37 AM
 #12

Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.

Yap, the pretty much explain it, since we are in a bear market, no project wants to start it at the wrong foot. So they will have to wait or gamble and released it in this kind of situation. But there are no assurance that investors are willing to pour their money right now. Plus, there is still the war and then inflation all over the world. So most likely investors are going for a "wait and see" attitude.

Of course, if BTC goes down, everyone is affected, including BNB and Ethereum. Normalcy will come back, but it mike take sometime.

 
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June 29, 2022, 09:24:06 AM
 #13

I think bounty campaign amount reduction has nothing to do with market price drops. In 2018 or 2019, when every cryptocurrency cost 4-10 times less than it cost now, we had more bounties that today.
This is even irrelevant thing. Have you seen war and global economic collapse happened in 2019 and 2018 that were massively affecting so many countries and even made the major countries like US got huge inflation?

This time is actually different with what happened in 2018 and 2019. I guess if you forgot if we have been facing so many problems with covid pandemic and after that once global economic was not fully recovered and war is happening.

Even so many EU countries have been getting very big impact like energy crisis that never happened before covid. I have been talking with some CEO and they were delaying do spend more budget to the marketing purposes even some were delaying their IDO even that launched through legit IDO platform like polkastarter.

As you have mentioned mentioned covid, then comparing amount of bounties during covid and today, it is clear that back in 2020 we had more, I would say a lot more bounties. And I would say that covid hit economy more than current Russia-Ukraine war.

You think there were no war conflicts in 2018 and 2019? What about endless Israel and Gaza clashes? Second Nagorno-Karabakh war with thousands of casualties?

Bounties has stopped coming because cryptocurrency is cleared from silly projects like milk farm with blockchain and stop running ICOs with +1 million softcaps.

 
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June 29, 2022, 10:32:49 AM
 #14

We are still in the bearish market trend. Developers must think for second time before try to launch the promotion for their campaign again. If bitcoin will be going even lower and this will become another disaster for crypto but im sure that if situation will try to adapt with the price of crypto. It's caused by these days so many countries are being inflated even you can see how high price for oil and energy right now. In some countries have been facing food crisis which were making people become very careful with their money.

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June 29, 2022, 12:01:20 PM
 #15

Not only BTC price crash stopped bounties but people are being wise up. Most bounties are just for token sale to be successful and after that, the project will disappear.
But recently, even bounty managers and hunters select bounties to do. Not just do any kind of bounty they see. So, this is making it difficult for bounties to keep flowing around.

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June 29, 2022, 12:15:21 PM
 #16

Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.
Not only about the current state of the market and the collapse of BTC has reduced the price by about two thirds, but basically every new project developer must also devise a different strategy and concept at this time before launching a new project because if the concept is the same, then the progress of the project will also not be they get.
So the thing to build a new project is not always easy now and also requires some finer considerations.

I do not think the BTC market crash has something to do with the reduced amount of bounty listed on the altcoin board.  Most of the projects don't even pay in BTC, they just pay with their token.  Probably developers are running out of idea on trend to take advantage of since most of the ideas are already presented by earlier projects.

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June 29, 2022, 12:17:40 PM
 #17

Most new bounties are nonsense, the only sane BMs we have in this forum is brainboss, Julerz12, and the rise, i  am judging 🧑‍⚖️ as per their past bounties they brought to the forum, others are not performing so well, their projects turn scam even before you get paid, for example bounty star and Aladdin center.

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June 29, 2022, 12:21:51 PM
 #18

No disrespect to bounty programs, but I haven’t participated in any of them for the past few months except my current signature. However, I am still very thankful to those bounty programs who have paid me from the past no matter how small or big the amount I got from them.

Despite the bad conditions of the market, these bounty programs are still active despite that they’re not that many anymore compared to before because of various uncertainties and circumstances like failed projects, token dump, etc.

Most of the projects right now are looking for ambassadors, testnet participants, key opinion leaders (KOLs), influencers, vloggers, etc., aside from just airdrops and bounty programs only. 
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June 29, 2022, 12:44:55 PM
 #19

The old bounty or project is now trying hard to survive. Because the crypto market is falling now. And that's why the new bounty isn't coming anymore. 99% of what is coming is a scam. Most of the bounties that will come now will not be successful so they will not even pay the hunters. So it is better not to waste time for bounty now. Only you can participate in the escrow bounty by renowned bounty managers.
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June 29, 2022, 01:05:18 PM
 #20

Many may wonder why the new bounty has stopped coming in. I think the current state of the market and the collapse of the BTC have reduced prices by about two-thirds.  So no one is going to bring any new project in the field with risk because not only BTC or BTC but also BNB and Ether have come down in price.  No and the boundary is not new so you wait for the new one to come forward if it becomes normal as before hopefully it will become normal as before.  Wait time. Hope BTC will come back like before. Thank you.
I agree with you . for the corrent condition of market almost all big and trusted managers stopped bring bounty project. only some new bounty manager still bringing some bounty but present running bounty campaign is not soo good . all projects are normal and not successful

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