Fundamentals Of
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August 26, 2023, 03:23:48 AM |
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The situation in the crypto market isn't really bad. I must say it has matured a lot. In the past, especially during the height of ICOs, the bounty business was huge. Crypto projects can easily earn in their ICOs, many of them even reaching their hard caps. But then it all changed when most of these projects either didn't deliver, were scams, or didn't succeed. ICOs then became a thing of the past. It's no wonder why there's much lesser projects now. Success rate remains low.
As a result, managers must have looked for a greener pasture elsewhere.
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bittraffic
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August 26, 2023, 04:44:04 AM |
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They got tired of scam tokens already and they don't want their reputation ruined for the scam tokens. The only bounty that is worth joining for right now are the ones paying BTC and stablecoins while promoting their ICO. They are still here though but they make sure the tokens are escrows to protect themselves from teams who will just walk away any moment.
Strange new bounty managers I see are more interested in newbie accounts. I tried joining a review campaign but he only accepts newbies as observed in his spreadsheets.
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bussybuddy
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August 26, 2023, 08:53:16 AM |
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Indeed a lot of professional BMs have stopped working but there is still one person who is active and delivers campaigns that I find to be equally good. It is true that when the market drops, the momentum of new projects also decreases, as well as new projects are increasingly innovative in terms of marketing, so there will be fewer bounty projects, if compared compared to some zealy, galxe,... it's quite similar to previous social programs, but in my opinion maybe when the school gets better again there will be more bounty projects.
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danherbias07
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Leading Crypto Sports Betting & Casino Platform
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August 26, 2023, 09:08:25 AM |
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They are still professionals as far as I know. But, it's not up to them how the project will be successful. Managers are just managing a campaign here, a marketing campaign but if no investors will buy it and that will affect how much the bounty hunters will get, then it's not their fault.
During the ICO days, bounties are on the hype. But today, even a kid can make his own project and pretend to be a good one with a feature of a pretend team. Plus, a lot of purchasers now are busy buying meme coins which are almost the same as high-risk offerings. There's no assurance on both types of marketing strategy.
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Stable090
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August 26, 2023, 09:59:26 AM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
The current market condition is really bad, most of the projects you will be seeing now are scam or shit projects, some of which might end up not paying the bounty hunters, and once they do, the coin might end up being a rubbish coin. I think that’s one of the reasons why most reputable bounty managers are not accepting most of the new projects entering the market, they believe they will end up scamming the bounty hunters, which is also spoiling their reputation. That’s why they just decided to stop. When the market is stable, we will be able to see new projects that the managers really think are worth marketing, no manager will want to be managing a scam coin, it’s spoiling their reputation, and it’s bad for the forum as well. Just wait for the bull run, and you will see that all those managers will be active again.
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DabsPoorVersion
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www.Artemis.co
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August 26, 2023, 03:22:22 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
There are minimal bounty campaign nowadays and since not all of them are paying, famous bounty manager before does not accept most of the projects. And yes, some of them already retired from managing campaigns and do other things instead. Also, projects might hire bounty managers base on recommendation from the people they know, that's why old bounty managers don't have bounty campaigns now.
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Romeotom
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August 26, 2023, 06:39:41 PM |
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Of course because we have received very good bounties from them in the past that paid hunters. After the end of ico event means since the rate of ico scam project has increased then many professional managers have moved away from bounty. Personally I feel them from the heart and I want them to come back with new bounty.
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lixer
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August 30, 2023, 05:32:30 AM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
Maybe because there aren't a lot of good altcoin projects coming out these days. A good manager will only take projects to work on that they know have some potential and have something to offer the community and the participants because if a project turns out to be a bad one, it's their reputation that will be ruined as well since they were the one who hired all those participants and made them work for the project and then didn't get what they deserve. So, the most probable reason for why so many professional and experienced bounty managers stop working as Bounty Managers is simply because there are more useless projects than legit ones and they obviously wouldn't like to take such projects and better stay away from the market for now.
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wxa7115
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August 31, 2023, 03:14:42 AM |
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They got tired of scam tokens already and they don't want their reputation ruined for the scam tokens. The only bounty that is worth joining for right now are the ones paying BTC and stablecoins while promoting their ICO. They are still here though but they make sure the tokens are escrows to protect themselves from teams who will just walk away any moment.
Strange new bounty managers I see are more interested in newbie accounts. I tried joining a review campaign but he only accepts newbies as observed in his spreadsheets.
Things could be different if the model changed, I remember there were some bounties that gave control of the coins to be paid to an escrow or to the campaign managers, and in that case the campaign managers could at least be sure they will have the coins in hand to pay the participants of the bounty campaign. But this was very rare, with most developers keeping those coins with the excuse they did not wanted the bounty hunters to dump their coins, but the truth is they decided to keep themselves in control of those coins so they could run away with that money if that is what they wanted.
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TheUltraElite
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So anyway, I applied as a merit source :)
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September 15, 2023, 07:20:05 AM |
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But this was very rare, with most developers keeping those coins with the excuse they did not wanted the bounty hunters to dump their coins, but the truth is they decided to keep themselves in control of those coins so they could run away with that money if that is what they wanted.
Hunters are in for a profit this should be understood by the project owners. That they will sell of their coins after listing on exchange is a common thing and the owners can avoid this by paying the hunters in Bitcoin or some other currency if they really wanted to pay and not just make up an excuse to avoid a bounty campaign. Here many projects try to avoid escrow or avoid the reputable managers because they try to squeeze in as much work in the smallest possible budget. They get what they pay for and thus the emergence of so many shady managers. It's best to avoid these projects altogether and focus on Bitcoin.
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Godday
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September 15, 2023, 09:55:35 AM |
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However it is not the job of the manager to "gift" us bounties. Rather the companies give them a hard time with payments and all and thus they might refuse to undertake this responsibility. Overall, I feel bitcoin paying campaigns are the holy grail and should be the ones everyone should target.
There used to be so many rewards managers running altcoin campaigns. I was also a participant in it. Uncertainty such as whether the project will be successful, what the price will be after the ICO, and the length of the campaign are the reasons why many old managers are no longer around today. As a participant, I still remember that we had to work for up to 10 weeks just to get rubbish coins. This means that maybe there are some of them who are now running campaigns with Bitcoin payments. But there are also those who have retired (it seems) like Sylon and btcltcdigger.
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Cadaver20
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September 15, 2023, 11:07:33 AM |
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During the bullrun of 2017 we used to see some high rank forum members like yahoo, sylon and many others bringing good quality bounties. But currently they are no longer managing bounties despite being active on the forum. Many of them are managing BTC paid signature campaigns. I think not bad market condition, their disinterest of bounty is the main reason for not bringing bounty.
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Ripon9909
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Bet2dream.com
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September 15, 2023, 03:33:15 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
Although there are professional bounty managers in this forum, they do not bring any kind of bounty project because almost all the bounty teams of today cheat. As far as I know all previous bounty managers were more reliable than sob and they used to pay bounty hunters on time. And now because of the bad situation and for the reputation of the managers, they no longer manage the bounty project.
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isaac_clarke22
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September 15, 2023, 06:14:10 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
Considering how more risky it is to promote a project that has no escrowed funds, I would understand that many managers would consider not bringing bounties anymore in their next campaign to manage. It's not just the bad situation in the crypto market. It's just....risky at all. BTC-paying campaigns are heaven sent just like TheUltraElite mentioned below you. It's true that some companies are just pain to work with when they just don't get themselves together in paying their promoters.
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0t3p0t
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September 15, 2023, 07:33:02 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
They were actually not affected by the bad situation in the crypto market. The reason why they lie low with bounties is that companies or projects are not worth it anymore for months of work as majority of 'em were scammas and or not paying good enough for the job well done. I am once a bounty hunter but has receive only few successful campaigns with great return. Ton of shitload coins/tokens were stuck on my wallet and yeah there is no signs of hope for them.
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Sophokles
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September 15, 2023, 07:50:08 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
Some of them are managing the Bitcoin paid signature campaign, and some are not around anymore. Most of them don't want to launch any altcoin projects due to the increasing number of scam projects. Most of them are still active and contributing to the community.
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rhomelmabini
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September 15, 2023, 08:04:00 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
That the bounty hunting is an old business and likely may die slowly as time goes by. The only reason is that it doesn't attract any users unlike before. Well, let's just be thankful that we experience it first-hand and it's just a history now that we can share. I don't think it's the market that affects it, as I've said it's a dying industry.
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abel1337
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September 15, 2023, 08:09:22 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
Most likely yes. There's not much reward compared on bounty campaigns before. Aside from there's not much reward or worthy payment from the bounty campaigns is there is significant increase on abusers. I know this because I myself managed some bounty campaigns before and the reason that I stop managing bounty campaigns is I think it's not worth it checking all of the participants that are literally multi accounting and participants sometimes go beyond 500+ which is tiring to check given that you will check social media posts one by one and the payment isn't really that high compared to the effort given.
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kentrolla
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September 15, 2023, 08:48:38 PM |
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I have managed bounties in the past and bounty managers were paid weekly in crypto most preferably BTC or ETH and there used to be genuine projects which used to be listed and participants used to receive the tokens on time but now even bounty managers don't get payment in crypto as the project owners want to pay them in their own tokens and a project rarely hits market else it does in the low volume exchange, hence the bounty managers who used to run campaigns in the past have stopped accepting bounty campaigns.
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goldkingcoiner
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September 15, 2023, 09:10:38 PM |
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Personally they are here but they don't bring bounty now. What do you think could be the main reason for this? There were many higher rank managers who gifted us bounties for good projects in the past but now they are retired. What have they removed from the bounty due to the bad situation in the crypto market?
It is not really the fault of bounty managers but rather the past has shown us how ICO projects or other crypto projects can easily become scams and the bounty managers do not want to touch those projects, as they will have to take part in the blame from the Bitcointalk community. They will get red trust and will not be able to offer bounty manager services anymore. Personally, I have found that the bounty projects are very often never worth it. You do a lot of work and in the end, the project fails or does not pay its members. Or sometimes the tokens you have been given are only worth a few dollars in the end. The Project CEOs themselves should offer bounty rewards instead of bounty managers. That way, if something goes wrong, no third party is blamed for their failings.
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