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Author Topic: How to know a good bounty  (Read 10305 times)
gabbie2010
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July 19, 2022, 11:50:36 PM
 #41

Perhaps, this was a big problem now as we don't have any tool to help us know if that particular bounty is legit or a scam (exit scam). Even doing deep research on the project/bounty can't give us 100% assurance that it will become successful and make payment to all promoters. Now, it was really hard to trust them as even the Bounty Manager has been experiencing difficulties to determine it until it come to such point of knowing it was a scam when they are not active anymore
This is indeed a trying time and difficult period for bounty hunters, there isn't any yardstick to determine a scam or genuine bounty campaign, some of these campaigns are well hyped such that it looks legitimate in early stage, however after promoting them for a long period of time it's developers will abandon the project or the token will be worthless after listing in an exchange thus rendering the work and efforts of bounty hunters fruitless, of non regulations of crypto projects give room for scam projects to thrive, bounty hunters have to be diligent and carefully select projects to promote.

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July 19, 2022, 11:58:22 PM
 #42

Since 2018 I have not heard of any project with a good promotion by holding a Bounty. Until now, on average, most projects are not very well-known, and are not worth the results obtained. Because many new projects fail and many do not have a price for the rewards given as gifts from bounty. Although it is not all, but I think there are many bad things at the moment. Maybe bounty is similar to gambling, because we don't know their future. Analysis is sometimes also wrong.  IMO
2016-2017 was the greatest time of bounties - many people and hunters got rich during that time but after that, the rest of the coming bounties seem worthless and scams. That I think the next generation of bounties could be worse.
Thus, if we are into participating in them or having a plan, we better not continue as it was only a slim chance to find good bounties and pays decent rewards to the participants.

if you have higher rank in this forum, better go to BTC-paying campaigns. most of these bounties will just waste your time and resources.
but if you have lower rank, instead of chasing these bounties, why not look for other activities that will give you better income like look for valuable coins that you can stake with or trade with. or offer your expertise that you think the community here would require.

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July 20, 2022, 12:10:18 AM
 #43

For me, you should go first to make research within the project. Identify first the project, research about them if they are legit project like they are using information that is real, their whitepaper, the team behind it, and after that, you can also use bounty manager as the basis, is the bounty manager reputable? history is good and that's the time you can decide.

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July 20, 2022, 04:16:40 AM
 #44

Experience is great teacher, just go on join some bounty, eventually you should be able to judge better.

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July 20, 2022, 07:19:01 AM
 #45

For me, you should go first to make research within the project. Identify first the project, research about them if they are legit project like they are using information that is real, their whitepaper, the team behind it, and after that, you can also use bounty manager as the basis, is the bounty manager reputable? history is good and that's the time you can decide.

What you have written is true, but going through whitepaper and team is enough to create a first impression of a project. This is my personal and I always recommend to follow own criteria when selecting bounty, but for me it is enough to check if there is no plagiarism in WP or webpage, look if the page was not created in a rush and make a decision to participate or not. I dont expect much from bounties, so I dont plan to spend hours doing research. Because sometimes time spend on research is more than time spent doing social media bounty tasks through all campaign.

R


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July 20, 2022, 07:44:40 AM
 #46

Experience is great teacher, just go on join some bounty, eventually you should be able to judge better.
I think things are more complex than that, your time is valuable, your effort is valuable too and even more importantly you need to make sure that you are not promoting a scam, and the only way you can make sure that you are not wasting your time is by doing a very deep research about the bounty that you want to join, it is true that it is time consuming and you will need to do this process several times before you find a bounty worth your time, but you have to do it or you risk joining a bounty which will make you work for nothing and you will never get paid.
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July 20, 2022, 08:55:19 AM
 #47

There is many problems in running bounties if you join escrow there is big chances that creater will change their contract adress when payment time comes. Bounty present by big members has some good news about distribution. Sometimes it can happens a year for distribution but not solved any problem. So bounty can be scam or not paid or anything can happens so don't do bounty as full time do part-time with a big job then this thank you.
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July 20, 2022, 12:28:26 PM
 #48

This year the bounties are better, bro. Many bounties really pay the participants with a good amount of money. Even if not all bounties resulted good payments, but as a whole the bounties this year are much better (the same as you said). I am sure the bounties will be good as long as in the bullish trend.

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July 20, 2022, 04:38:54 PM
 #49

I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
A few years from now bounties were the good way to make money. but nowadays, mostly bounties have been a waste of time. but before participate any bounties firstly checkout about the manager is he trusted or not? then read their ANN thread. It can help you to know about the bounties.

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July 21, 2022, 01:21:02 PM
 #50

I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?

First of all, your question is not a trading discussion but an altcoin discussion. Then before you want to find a good bounty campaign, you must first properly develop your account here in this forum which is also always in accordance with the rules and policies of the Bitcointalk forum. Then finding a good bounty is hard to find, maybe it can be said that it is good if BM is in Hero or legendary is managing it because they will not ruin the reputation of their account if the bounty owner is not serious about their project.

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July 21, 2022, 01:25:18 PM
 #51

Experience is great teacher, just go on join some bounty, eventually you should be able to judge better.
Heh you can say that again.

After a few first months of bubbling enthusiasm, the frustration of delayed payments and then eventual ghosting by the teams or learning that the project was a scam - gives the ideal dosage of teaching. Reading this from other people makes little difference unless you are the one experiencing it and hence the best form of experience.

The worst part is realizing that the team used your naivety to generate hype for their scam or shitcoin and then ignored your payments as if you are unpaid laborer.

R


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July 21, 2022, 07:08:26 PM
 #52

Experience is great teacher, just go on join some bounty, eventually you should be able to judge better.
Heh you can say that again.

After a few first months of bubbling enthusiasm, the frustration of delayed payments and then eventual ghosting by the teams or learning that the project was a scam - gives the ideal dosage of teaching. Reading this from other people makes little difference unless you are the one experiencing it and hence the best form of experience.

The worst part is realizing that the team used your naivety to generate hype for their scam or shitcoin and then ignored your payments as if you are unpaid laborer.

It's really frustrating that after doing your best to perform the tasks being asked by the bounty manager, you won't receive the payment that you're expecting for a long time. There are red flags that you have to check on and hints so you'll know if a bounty is shady. It's better to have an idea whether a bounty is legit or not from the beginning, than waste your time and effort for nothing.
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July 23, 2022, 04:30:26 AM
 #53

I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
A few years from now bounties were the good way to make money. but nowadays, mostly bounties have been a waste of time. but before participate any bounties firstly checkout about the manager is he trusted or not? then read their ANN thread. It can help you to know about the bounties.
During the bull market of 2016 and 2017 bounties were incredibly popular and many members reported incredible profits as not only they got paid, but the coins they got skyrocketed and they got a lot of money out of each bounty, however as time passed and the crypto winter came people lost interest in those bounties, the bounties asked for KYC, scammers took advantage of bounty hunters and the number of bounty hunters went up, all of those factors made bounty hunting unattractive and I do not think things ever went back to be as good as they were back then.
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July 25, 2022, 03:27:31 PM
 #54

It's really frustrating that after doing your best to perform the tasks being asked by the bounty manager, you won't receive the payment that you're expecting for a long time. There are red flags that you have to check on and hints so you'll know if a bounty is shady. It's better to have an idea whether a bounty is legit or not from the beginning, than waste your time and effort for nothing.
It is impossible to know from the beginning that a bounty will turn scam or just deny payment because they failed to raise money. In most cases the payment gets delayed but truely speaking, one must do some introspection and see for themselves if they feel bad about the team not paying them for their hard work and rethink this decision - maybe they are worth a higher respectful position.

This is why I encourage newbies to work on their ranks and join signature campaigns and not bounty campaigns because the latter always ends up in the wrong way. It becomes an endless suffering trying to make money from at least one bounty when each of them is a shitcoin.

R


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July 28, 2022, 04:08:14 PM
 #55

You're correct, even you're got paid from the bounty, how you can really sure the reward is same like their promise beginning of the bounties? Because many bounties promise the token will be listed on exchanges worth $1/token, while the truth the price is just $0.05/token or lower.

You can't know which bounty is good to participate, but you can only minimize the risk of getting scammed, but you only got a worthless token. It depends your luck.

I have also experienced the same situation. Whenever you choose the good and promising bounty, maybe sometimes you will get dumb, so choose wisely and make your time worthwhile by selecting a good bounty manager, according to the token they give etc. Maybe you get a worthless token. It depends on your luck too, but we still hope and be patient.

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July 28, 2022, 06:34:51 PM
 #56

I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
There are many bounty campaigns that work on a campaign without any payment from that campaign.It is really difficult to consider all these things. There are many people who are completely exhausted after campaigning.They are very honest and do the hardest work in the first stage and are not active later.In fact it becomes very difficult to consider all these things but especially the good manager should always do the job.There are some honest managers on the forum and I think it's better to do their job.
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August 01, 2022, 05:00:00 AM
 #57

I have also experienced the same situation. Whenever you choose the good and promising bounty, maybe sometimes you will get dumb, so choose wisely and make your time worthwhile by selecting a good bounty manager, according to the token they give etc. Maybe you get a worthless token. It depends on your luck too, but we still hope and be patient.
Many hunters have been dumbed by teams promises and whitepapers presentation. These projects tend to be more on the scammy side than legit side, truly speaking and the reason why that happens is also clear - the niche projects can never compete with similar projects in the mainstream market which is why they stopped trying to do that.

Even the NFT hype has died out and shitcoins that had been trying to be popular are gradually dying out, just like many altcoins several years ago.

It is better for hunters to contribute to the forum like a normal user and gradually improve their rank so they can get into signature campaigns.

R


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August 01, 2022, 07:20:15 AM
 #58

I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
What you have heard is absolutely right and very unfortunate that we can't change it. With the participation of these scammers creating fake and useless projects ruins the image of the market and bounties board. If you are looking for something to earn from crypto, it is better to stay away from bounties as even if you have done a thorough search this never give you assurance, not even to see it. Some projects look promising and have active developers but in the end, they never pay the participants and even scam investors.



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Rainbot
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sumant
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August 01, 2022, 11:49:25 AM
 #59

There are many ways to atleast believe in any bounty because there are many scammers around the world that will never going to respect for you for your hard work. Bounty given a high rank member, Can be escrow, should check on Blockchain scanned, these can be handful for doing a bounty. Sometimes a new project can be a big in future. Just like YOUC bounty and many more so we just have to work patiently. Always do bounty as secondary job.
Nrcewker
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August 02, 2022, 02:49:39 AM
 #60

I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?

If you are talking about the bounties at Bitcointalk, then let me say you my friend that always go for the bounties managed by trusted members here in the forum.
I see that many bounties have high returns but often managed by some newbies, and at last after the bounty period overs, then just scam exit. So it’s better to get something than nothing and join legit bounties. You don’t want to waste your effort or time right, so yes do as I suggested and you will be never scammed in terms of bounty payment.

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