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Author Topic: Does Bounty really pay?  (Read 2131 times)
Obong Okon (OP)
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February 08, 2023, 11:54:12 AM
Merited by NotATether (2)
 #1

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.
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February 08, 2023, 12:02:56 PM
Merited by NotATether (1)
 #2

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

95% of them doesn't pay and owners just want free advertising to their project then leave if they failed or even succeed since they can't afford to list their tokens to be listed on expensive exchange. Also 5% chance that they paid but don't expect to get good pay cuts because mostly if they got listed on shit exchanges the value shrunk down because many of its early investors or words the devs are dumping it to secure their profits.

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Apocollapse
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February 08, 2023, 12:08:58 PM
Merited by NotATether (1)
 #3

It depends on how you consider the "pay" is.

I'd say many bounties do pay their participants, but the payment they got doesn't always 100% like the beginning promise. Many projects promise the token is worth for $1 at the distribution rate and they will pay you for 75 token every week, so technically you will earn $75 for every week. But the shitcoin price drop to $0.02, so it's mean you only earn $1.5 for every week. Does it's worth to spend one week to earn $1.5?

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February 08, 2023, 12:09:04 PM
 #4

because I feel they are prone to defrauding people.
If that is what your gut says, you are probably right.

Bounties, ICOs, or whatever shit you want to call it used to pay pretty well, but those days are long gone. Most likely, the things they tell you to do, like translating, spamming forums and social media, are a waste of your time and effort. You would be better off using your free time to develop technical skills that could lead to employment or perhaps a freelance job so you can DCA BTC.

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February 08, 2023, 12:16:42 PM
 #5

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

It heavily depends on the bounty and the bounty manager (that's why bounties on bitcointalk are somewhat safer than the ones on Telegram).
Clearly there are many projects that don't intend to pay, hence only the ones with escrowed funds or reputable bounty managers worth any attention.
Then, no matter how good they pay, you bear a huge risk anyway because they most probably pay with their own coin/token which in most cases will never become valuable.

So yes, if you already have that feeling, flee as soon as you can and don't look back.
And as others said, in the vast majority of cases you'll do free advertising, since you'll end up with nothing or with nothing valuable.

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tabas
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February 08, 2023, 12:50:55 PM
 #6

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.
For some, they do and that's the reality in bounties. Some will become successful and will pay those eligible participants and there are much more bounties that becomes unsuccessful and there's no essence to them to pay their participants since they are already a failure, a failed project.
That's why they're just assigning and allocating a certain amount of their token for that bounty so they wouldn't release actual budget on it and just as said, if they become successful, they'll release the tokens and if not, they'll still release the tokens but it has no value.

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February 08, 2023, 01:47:58 PM
 #7

You're working in internet as freelance.

Hoping to get a payment who are really guaranteed? I think you should realized and wake up. If you want to get a payment work with guarentee, should take or find a real jobs not in internet by doing only:

-Retweet & Like

That's the only way to get a guarentee payment.

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Patrol69
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February 08, 2023, 01:50:01 PM
 #8

But those who run bounty campaigns on Bitcoin forums work very hard. But at the end of the day they are deprived of their due payment. Because Maximum Bounty Campaign Managers do not pay their Bounty Campaigns. As a result many went to various Telegram groups and presented their complaints. But because the market is a little bad, the bounce campaigns are refraining from paying higher rates.  There are many bounty campaign users who complain that even after paying some amount from the bounty campaign, they cannot be sold and most of the tokens are not available in the market which is really a problem for every bounty hunter.
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February 08, 2023, 02:02:05 PM
 #9

You can get paid by anyone with a coin. It depends if that coin has value. Imagine some unknown coin that's not listed anywhere, but you did the bounty. They paid you. But does it have value to you? That's where you will draw the line for yourself, whether you accept it. Sometimes it's better to join with escrows and make sure that there are funds to be sent to you.

Be careful of scam projects.

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February 08, 2023, 02:15:13 PM
 #10

Does bounty really pay? Yes,

Does every bounty really pay? No.

You need to find good bounty by researching. Even in this forum there are lot of bounty are posting but the end of the time only pay for work is 2-3.
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February 08, 2023, 02:25:44 PM
 #11

This makes me to wonder if bounties really pay.
If you ask whether the bounty campaign is paid, the answer is that some are paid, some are not paid. Therefore, before you decide to join the bounty campaign, you must first do an independent reset, you must also look for a bounty manager who already has a good history of managing bounties. Don't just join the bounty campaign without resetting it, it will waste your time.

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February 08, 2023, 02:57:26 PM
 #12

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.
A bounty campaign taken up by a reputed member has more chances of being legit than that is taken up by some less known manager. Remember that you are trusting the manager's experience here to select a worthy project and weed out the bad ones. But in general a bounty campaign is not bound by any laws to pay its participants, they can cite a hundred reasons why they might decide to not pay and you cannot do anything about it but swallow it.

I would suggest you to change your telegram privacy settings so you are not added to random groups like that.

R


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February 08, 2023, 03:56:57 PM
 #13

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.
Look in this bounty section - https://bitcointalk.org/index.php?board=238.0. All bounty campaigns on this forum are published here. Some pay participants, some not so much, others - tokens will not cost anything. Here is how lucky and how you choose a campaign manager. Usually, old and trusted managers get all the rewards, because they value their reputation and cooperate only with reliable projects. Even with a newbie account, you can earn something, for example, in a twitter or facebook campaign. In general, there are opportunities, but you should not count on getting rich on this, but evaluate it as a way of a small additional income.

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February 08, 2023, 04:16:11 PM
 #14

If you want to get paid from a bounty then look for one who escrows with a reputable manager but that also doesn't guarantee valuable value because the average value of bounty tokens is always low not even in comparison to what they've been working on for a few weeks.
Don't rely too much on bounties for income, basically they are the ones who have projects that take advantage of participants to spread shitcoin projects which in the end become scams, I'm not saying this all but the average bounty is that no one survives in the market to maintain the value of the token .

R


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February 08, 2023, 04:22:49 PM
 #15

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

There are definitely good bounties out there that are still paying their participants regularly. I am part of one of those bounties for around a year or so now and there was not one payment missed so far. If you want to join a bounty campaign of a new altcoin project though, then there definitely is a pretty big risk of not getting paid and/or that the tokens that you will receive at the end of the bounty are worth absolutely nothing.
So in order to make some money with a bounty you need to do your research before. Don't just join the bounty that is offering the highest reward, because that is usually a bad sign. If they are paying 500k$ worth of tokens to bounty participants, then you can be pretty sure, that the token will get dumped to zero.
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February 08, 2023, 04:24:35 PM
 #16

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

Bounties nowadays are far different from the bounties that we had a few years ago. Scammers are now using bounties to scam people where they will add you to their telegram group and will ask you to perform different tasks with the promise of getting paid yet you will still end up being blocked on their dead channel. It's rare to find legit bounties these days so you really have to research so you will not get scammed.
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February 08, 2023, 05:01:55 PM
 #17

Oohhh Boyyy, This post just reminded me of this one time I used to bounties for this coin called "Deeponion" Had no issues with getting paid but the coins value was not too great but suddenly one day it skyrocketed and I still regret not selling it! Soon after that Skyrocket the coin crashed and now the coin and also the forum is kinda dead.
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February 08, 2023, 05:51:48 PM
 #18

In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.
That's some good strategy to stay off the radar of bounty scammers and shit projects.

I say bounty scammers because, some scammers max themselves with the idea of a new project and offer investment packages to both suspect and unsuspected victims whom the ignorant once eventually invests and gets scammed of there hard earned money.

In the other case of shit projects, majority of these projects often turns out to be pump and dump. If it is tht they pay, of course most of them do but, it never matters regardless as your often given tokens that have got zero worth. In essence, you've been paid but, you just can't use it. So not the effort.
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February 08, 2023, 06:04:50 PM
 #19

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.
If a user is arbitrarily added to telegram groups or other social networks to perform certain actions, promising to pay in cryptocurrency in the future, this is almost one hundred percent fraud. It's not often that bounty hunters get paid by new companies, even on this forum. Bounty campaigns previously started as signature campaigns, there were almost no other campaigns. Now the situation with bounty campaigns has become very difficult, and there is no need to talk about the amount of remuneration, they have fallen so much. But sometimes you can still get a good profit by participating in them. But this happens very rarely.

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February 08, 2023, 06:55:22 PM
 #20

It's true as you said there are lots of bounty campaigns for new coins. But not all of them don't pay, don't pay, most are scams or don't have successful projects, some are paid. I think it comes back to you. Before joining the bounty campaign, you have to be very careful in choosing campaigns and bounty managers who have a good reputation so you don't waste your time.
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