TelolettOm
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July 07, 2022, 11:43:45 PM |
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Could it be that bounty programs have decreased because during this bearish period, all projects experienced a very drastic decline and many projects failed to initiate their plans in this bearish market era. And what's more, even though there are many new bounties, there is no guarantee that they are worthy. Haven't we met many bounties from shit projects so far? so in my opinion it is not the quantity of the bounty but rather the quality of the bounty. so it could be more valuable, right?
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Lagduf
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July 07, 2022, 11:54:03 PM |
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in my opinion it is not the quantity of the bounty but rather the quality of the bounty. so it could be more valuable, right?
It depends on the various reasons. Sometime the quality of project doesn't even matter if the reward has not yet escrowed caused by this is the main thing to ensure the participants to get their payment. The valuable bounty will be very valuable if the token has the price and it was also being escrowed by the manager. As long as the bounty didn't have funds escrowed and it can be cheated by the developers
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minairia3
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July 08, 2022, 01:30:09 AM |
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New projects also need momentum in making their project a success and at this trend definitely is a bad news for them. If bullish comes, the bounties definitely gonna be coming, but right now most of them are holding themselves from releasing their project because everyone is thinking twice before making investment decision at this current trend. So just wait until the next bullish cycle finally coming out by then there gonna be increase in the new projects that are great quality and isn't just some shitcoins.
In a down market, everything will suffer, including the bounty campaign, since new projects aren't created much, so there will also be a decrease in the bounty campaign when the market goes down. The bounty campaign has not stopped, but is temporarily stagnating as a result of the current market conditions. Once the uptrend starts, things will get back to normal.
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RussianEnglishTranslation
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July 08, 2022, 02:42:43 PM |
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There are still profitable bounty programs and aidrops out there. Don't give up hope. There is a CNDLchaindotcom beta tester bounty program that is paying out weekly and doesn't require KYC and there are airdrops coming from Metamask and zkSync. I'm sure there are many more if you check the bounties and aidrop forum pages on this board.
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waybesuricata
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July 08, 2022, 08:12:28 PM |
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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. Yes, you are right there are many projects not listed on coinmarketcap and coinecko. As you said, some just organize airdrops. By the way, testnets have been talked about a lot lately. There have been projects that have distributed a good amount of awards. I think we need to research.
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Maidak
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July 09, 2022, 03:31:29 AM |
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A dwindling number of new projects will also result in a decreasing number of airdrops or bounty programs. In a bear market, you shouldn't expect too much from bounty campaigns, so look for another job instead. You don't need to worry about the bounty campaigns coming up when the bull market returns, as there will be a lot of new ones in the future.
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July 09, 2022, 04:06:15 AM |
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Yes, you are right there are many projects not listed on coinmarketcap and coinecko. As you said, some just organize airdrops. By the way, testnets have been talked about a lot lately. There have been projects that have distributed a good amount of awards. I think we need to research.
Can you share a little information about the testnets you are referring to now ? because I've seen very few good new projects except for a few. Research is always needed in every new thing, but at this point there are no really good new projects to follow so their products don't progress significantly and can't even be traded.
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July 15, 2022, 02:30:26 PM |
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Yes, you are right there are many projects not listed on coinmarketcap and coinecko. As you said, some just organize airdrops. By the way, testnets have been talked about a lot lately. There have been projects that have distributed a good amount of awards. I think we need to research.
Can you share a little information about the testnets you are referring to now ? because I've seen very few good new projects except for a few. Research is always needed in every new thing, but at this point there are no really good new projects to follow so their products don't progress significantly and can't even be traded. I don't know which he was referring too and I am curious too. I know that sometimes testnets do pay you participate and give you rewards. In those cases, the line between an airdrop and a bounty is kind of hard to distinguish. For example, people who used Aztec and zkSync early could be considered beta testers, but I think those L2s are giving away airdrops. Candle Chain, which is an L1, is giving away bounties to people who test their AMM DEX DApp. So they don't call it an airdrop like the other chains but it's basically the same thing. I think its smart to incentivize beta testers because it helps iron out the kinks, and rewards your community for helping support the project. Everybody wins. As to less projects launching in the bear market, yeah, that's probably true, but the ones that do launch aren't in it for the money because if they were just out to make a quick buck, they would have launched in a bull market. The bear market is for builders and if you invest during the bear market, you can probably find some projects that will do really well when the bull cycle resumes.
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SEEEP ZEEBOLOGI
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August 21, 2022, 05:06:44 AM |
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i thing so, it's like the bounty will colapse soon or latter, dev nowday prefer do airdrop instead of bounty because it's can reach many people and less time consuming. Personally i don't see succesfull bounty project lattely maybe because they already know half of bounty participant is bot and spamer, i mean just look at bounty authenticator 90% of them is just newbie without activities in local or even general discusion, i thing it's kinda make sense why they don't bother do bounty campaign anymore.
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Yawa2020
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August 21, 2022, 07:59:53 AM |
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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.
Run away from Auto Staking project. Majority of them are scam project. You're actually right! most of the project nowadays plagiarized whitepaper from other projects But come to think of it, the ability of the hunters always spamming while promoting the project is in one way or the other discourage some project from running a bounty.
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Frengki_cisco
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August 21, 2022, 08:09:14 AM |
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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.
In my opinion, it is better not to have a new bounty, than after running the project it ends up being a scam, if indeed the main factor in the development of the bounty is due to the bear market, I'm sure right now is not the right time to develop it, maybe investors will think a thousand times to invest in the bounty, the risk is loss for investors.
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evichi
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August 21, 2022, 10:18:38 AM |
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We are still experiencing the wind of the bear market, so this is obviously, IMO, affecting projects as developers are taking their time to study and initiate projects. Though there are still bounties being initiated, I observed that the amount of budget for bounties have reduced, and have affected earnings. There are numerous scam projects with project owners refusing to pay, while those that pay have most of the tokens with meagre value in dollars: I have received payments in over five projects that are worth less than 1-2 dollars. This is really not encouraging for hunters. Hopefully, IMO a turn-around in the market will encourage launch of innovative projects which will in turn earn improved rewards for bounty hunters.
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Victorik
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August 21, 2022, 03:36:21 PM |
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Yea. A lot a project are currently scared of launching considering the impact the current market will have on their project. Now, most of the bounties out their are either scam or end up failing even before launch. Really a bad situation.
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Kavelj22
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August 21, 2022, 04:10:06 PM |
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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.
In my opinion, it is better not to have a new bounty, than after running the project it ends up being a scam, if indeed the main factor in the development of the bounty is due to the bear market, I'm sure right now is not the right time to develop it, maybe investors will think a thousand times to invest in the bounty, the risk is loss for investors. The emergence of new projects has not stopped and this has nothing to do with the price of Bitcoin, as explained in the quote you use. If you visit the Coingecko and Coinmarketcap, you will see new projects launched almost every day and this has not stopped for years, but most of them do not launch a bounty campaign campaign. A bounty campaign is a marketing strategy for ICO based projects for the purpose to spread the world about the project concept with the hope that the coin will get a value in the future so investors won't regret investing, including bounty hunters themselves. The ICO era was finished long time ago.
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Chainsmokers
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August 21, 2022, 04:24:31 PM |
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Market is in a very bad situation right now, new projects have doubts of doing well in such market condition so don't blame them, also the best time to promote projects is not in a bear market as the result will be very little to none.
not because of the bear market I think, but because we ourselves chose the wrong bounty, and of course we can analyze the project first before joining the bounty, I have a suggestion if you want to join the bounty make sure you choose a good bounty manager
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