The new bounty stopped coming?

[globalpain]

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.

The Bounty and Airdrop program has been around since the cryptocurrency was first launched, 2009, to be exact,
then there were a lot of FUDs that Bitcoin would die, but as the years go by, Bitcoin is getting more expensive,
and now even though the price of Bitcoin Dump to $20k, is the Bounty and Airdrops will also be stopped?
Of course NO!, because Bounty doesn't look at that, unless cryptocurrencies really disappear from this world

[1714549709]

1714549709

[1714549709]

1714549709

[1714549709]

1714549709

[cute nmp]

That is true mate there are currently not many bounties and it is because of market situation. We are in the bear market and many project are holding back from launching at the moment till the market recover their will be not so many bounties on the forum.

[posi]

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.

You're partly right. The current market conditions are not ideal for launching a new project, however there are a number of projects that are ready to launch regardless of the market. It almost doesn't make sense for them to run a bounty campaign to promote their brand, as the bounty is just spam on social networks, and I'm sure they have seen how ineffective it is.

Today's projects are not like the ICOs of the past, no crowdfunding needed, if your project is good enough then hedge funds and angel investors are willing to invest in instead of raising capital from the community as before.

[Silberman]

We want less but legit projects. Some which will pay and pay in a good amount. All we do now is work on a bunch of project and only few of them pay.

It is very unlikely that this is going to change anytime soon, the majority of the projects are open source which means that anyone can copy the source code, make some minor modifications and create their own coin, so as long as this is the case we are going to see thousands of projects being created every single year, so anyone that is interested in being a bounty or an airdrop hunter will have no other choice but to select the projects which they work for with the utmost care.

[blue_hurricanger]

No new coins, no new bounties coming. It's very simple to understand why there are no new coins introduced to the market. Cause everyone rather holds on to their money into well know and long standing coins instead of the new ones.

[Silberman]

No new coins, no new bounties coming. It's very simple to understand why there are no new coins introduced to the market. Cause everyone rather holds on to their money into well know and long standing coins instead of the new ones.

Correct, when the market is behaving the way it does smart people immediately switch gears and instead of trying to obtain as much profits as possible what they do is to try to protect themselves from the volatility of the market, some decide to hold bitcoin while there are others that prefer to hold stable coins or even sell for fiat and not come back until things improve, so those thinking about making money with bounties are going to get disappointed by the results they will get.

[waybesuricata]

Bounty campaigns are decreasing in the bear market, but they do not come to a complete standstill. Even in the current bear market, a few good bounty campaigns and bounty teams pay out regularly. For this reason, I think it is necessary to follow bounties closely.

[Cling18]

No new coins, no new bounties coming. It's very simple to understand why there are no new coins introduced to the market. Cause everyone rather holds on to their money into well know and long standing coins instead of the new ones.

New projects can't resist and survive during this market situation because investors will prefer investing in well-established coins that could stand firm even during this bearish season. Holding is everyone's preference this time and most of us are waiting for the market to recover to bounties will be our last priority.

[serjent05]

Bounty campaigns are decreasing in the bear market, but they do not come to a complete standstill. Even in the current bear market, a few good bounty campaigns and bounty teams pay out regularly. For this reason, I think it is necessary to follow bounties closely.

True, there are less creation of new project in crypto industry today,  but it does not stop.

You can check new projects in this site: https://www.coingecko.com/en/new-cryptocurrencies  and they don't stop coming.  With the slowed creation of new crypto projects, the bounty is automatically affected.  But saying that bounty had stopped is very different from a few bounty creations published in this forum altcoin bounty board. So the answer is no, the new bounty did not stop comming.

[ilovealtcoins]

As is common in bear markets, bear season is not a good time to develop new projects, so you won't see many new projects during this time.
Bear season is the time when the market discards and eliminates junk projects, investors will only prioritize old coins. So there won't be many projects created and the bounty campaigns will stop there.

[Henrobakkara]

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.

Just because you joined the wrong bounty projects doesn't mean that there are no good bounty projects. You are even promoting one now I see. Most people jump into every bounty project they see without even looking at the detailed info of the bounty. Plus I don't believe that bounty is slowly fading out.

[bonyaserg]

In my opinion, it has become very obvious that new projects have stopped paying awards. And with each new project, I want to believe that this new project will bring excellent income, but in the end the project is blown away and the participants get nothing. I think this situation will last until the end of the year. Since the market has dropped very much and, accordingly, revenues have fallen. And most of the projects simply cannot withstand such a situation and completely go bankrupt. It remains only to wait out this difficult time.

[fuguebtc]

Most of the new project don't need bounty and shill in this forum anymore, I think this forum is too niche and the new project prefer more mainstream and common way of promoting their project. Since the crypto and blockchain become more mainstream everyday people will move to more mainstream media like google ads and facebook (meta) ads.

Bounty campaign is only suitable for projects issued in the form of ICO, these projects need a large amount of capital to build the project.
Currently, most of the projects issued in the form of IEO and IDO are supported by exchanges and also funded by venture capital funds, so they do not need bounty campaigns anymore.  Google and Facebook or Twitter would be more suitable space to market new project than on forum.

[waybesuricata]

Bounty campaigns are decreasing in the bear market, but they do not come to a complete standstill. Even in the current bear market, a few good bounty campaigns and bounty teams pay out regularly. For this reason, I think it is necessary to follow bounties closely.

True, there are less creation of new project in crypto industry today,  but it does not stop.

You can check new projects in this site: https://www.coingecko.com/en/new-cryptocurrencies  and they don't stop coming.  With the slowed creation of new crypto projects, the bounty is automatically affected.  But saying that bounty had stopped is very different from a few bounty creations published in this forum altcoin bounty board. So the answer is no, the new bounty did not stop comming.

I agree with you. When we look at the coinmarketcap and coingecko sites, a new project is added almost every day. Although not all of them are bounty arrangements, there is definitely a bounty arrangement among them. When we look at the bounty topic in the forum, we see that it is constantly active.

[milewilda]

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.

Thats not how it works nor behaves because if you do look on bounty section on the time where market is bearish then you could still see some projects who do launched out which does means that
those projects specially shit ones doesnt care if we are on a bear market or not because theyre intent wasnt to be a legit project in the first place and still running off their marketing through those bounty campaigns which i could say that people or bounty hunters should really be careful on dealing up with it because we know on how many shit bounties that we do have in the market.It is really that hard
for us to choose the best or potential ones.There might be significant change in numbers comparing back into the past but we could still see that there are projects who do run their bounties
for exposure.

[isaac_clarke22]

~

They could potentially take advantage of the bearish market right now as there are people really looking for cheaper coins to buy before the trend ends. I am not surprised if some existing projects already died out though.
Regardless anyways, these scammers would not go away either trends.
There are just way too many shit bounties out there already to look out for.

[erep]

I agree with you. When we look at the coinmarketcap and coingecko sites, a new project is added almost every day. Although not all of them are bounty arrangements, there is definitely a bounty arrangement among them. When we look at the bounty topic in the forum, we see that it is constantly active.

Actually the projects listed on CMC and Coingecko are not proportional to the number of projects that are created every day, I have done research on one potential airdrop group and every day there is always an airdrop program from different projects, maybe hundreds of new projects every day , but many new projects no longer have allocations for the bounty program and choose to add them to the airdrop program with limited allocations, they can get more promotions from airdrop participants even for paying smaller tokens.

[Fatunad]

~

They could potentially take advantage of the bearish market right now as there are people really looking for cheaper coins to buy before the trend ends. I am not surprised if some existing projects already died out though.
Regardless anyways, these scammers would not go away either trends.
There are just way too many shit bounties out there already to look out for.

Most of the time this would be using BTC or top altcoins in regarding with ICO investment which means those precious coins in dip state or bear market do means that they would really be spending more on buying into something which doesnt give out assurance.Do really people think that it is really worth the risk or wasting up their precious coins? And also seeing a declining market and making investment with those newly launched ICO wont really be that appealing from time to time but i do rather believe that people would be more interested on investing into ICO's when its bull run because they are foreseeing that they could take or make big profits
even if people would really be just joining up with these bounties and other particular perks and bonuses around.

[Questat]

I agree with you. When we look at the coinmarketcap and coingecko sites, a new project is added almost every day. Although not all of them are bounty arrangements, there is definitely a bounty arrangement among them. When we look at the bounty topic in the forum, we see that it is constantly active.

Actually the projects listed on CMC and Coingecko are not proportional to the number of projects that are created every day, I have done research on one potential airdrop group and every day there is always an airdrop program from different projects, maybe hundreds of new projects every day , but many new projects no longer have allocations for the bounty program and choose to add them to the airdrop program with limited allocations, they can get more promotions from airdrop participants even for paying smaller tokens.

That is the problem now as many people still think that airdrops give them passive rewards, they'll bound to have an easy money mindset which only fails them and end up blaming the market.
Earning $5, $10 worth of tokens - they need to waste their time grabbing that opportunity but most of them are useless as they can't even sell their tokens/rewards in the market. In fact, this is a long and continuous story with these airdrops and bounties, but many people still never learn already.

[Iyeman]

it's because flow of investment is currently lacking so most of these project might think that having a big marketing at this current moment could be a waste of effort and money.
regardless eventually once the trend changes we gonna see more bounties. currently the ones that did a bounty are mostly projects that are confident in their own project, they sure that even in the middle of massive correction their projects could still succeed thus the fewer bounties.