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Author Topic: are bounties waste of time?  (Read 760 times)
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November 03, 2024, 02:39:39 AM
 #61

You can make  more money with a regular job but if you have no job at all, then bounty campaigns are better than nothing. I know how hard it is to make money with bounty campaigns.

There used to be more projects in the past and people barely made an earning back then... I cannot imagine it has gotten any better since then.



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November 03, 2024, 02:42:44 AM
 #62

Are bounties really worth the time? I observed some of the projects and saw bounty is a time consuming work with a little payout for newbies.
Even there are many projects that are scam! As it is a low quality work, should Newbies avoid it?
Currently, most bounty projects do not distribute money among hunters. So if you get involved in such projects in the initial state then no matter how much time you spend working on it you will not get any results. There are some managers who get paid from their projects Projects that offer USDT or other stablecoin payouts should be joined. Before joining those projects too, one should check whether the fund of that project is escrow.

We at Scam Action Board regularly observe that there are many new bounty managers who embezzle the entire fund without distributing the money to the hunters. If you join any project of such managers then you might waste your valuable time by joining there.

R


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November 03, 2024, 03:14:55 AM
 #63

I think the golden age of Bounty is over by 2017-2018. All the bounty projects published at that time were successful, that is, they paid money from all the projects. So at that time those who were involved in bounty projects did not waste their time but nowadays bounty projects don't pay so working here is like wasting time.
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November 03, 2024, 03:30:51 AM
 #64

I think the golden age of Bounty is over by 2017-2018. All the bounty projects published at that time were successful, that is, they paid money from all the projects. So at that time those who were involved in bounty projects did not waste their time but nowadays bounty projects don't pay so working here is like wasting time.
Exactly, those times even how shit the project is or scam the project is you can earn, but the downside of it is you are promoting a project that is harm to others and it's just sad that you can do it for the sake of money only. That's also the reason why these days, most of bounty campaigns are waste of time because a lot of scam projects are still exist and most of them is worth of nothing.

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November 03, 2024, 06:54:14 AM
 #65

Are bounties really worth the time? I observed some of the projects and saw bounty is a time consuming work with a little payout for newbies.
Even there are many projects that are scam! As it is a low quality work, should Newbies avoid it?
Bounties are no longer attractive as it used to be. The crypto space has become too crowded, leaving many people struggling for the few reputable bounties project available. The challenge now is not just about the bounties itself, but finding a reputable bounty campaign/project. Some projects offering bounties lack stability, some turn out to be scam, some which we think are genuine give very poor rewards and some even disappear before the rewards are paid out. For someone who is looking forward to earning a stable income from a reliable source, then bounty projects is not worth the stress.
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November 03, 2024, 09:12:24 AM
 #66

I think the golden age of Bounty is over by 2017-2018. All the bounty projects published at that time were successful, that is, they paid money from all the projects. So at that time those who were involved in bounty projects did not waste their time but nowadays bounty projects don't pay so working here is like wasting time.
Exactly, those times even how shit the project is or scam the project is you can earn, but the downside of it is you are promoting a project that is harm to others and it's just sad that you can do it for the sake of money only. That's also the reason why these days, most of bounty campaigns are waste of time because a lot of scam projects are still exist and most of them is worth of nothing.
Participating in bounty campaign is a waste of time and its not like before when many bounty projects are good source of making money. I know the era of bounty is gone due to projects building their own apps so that miners can download them and continue mining for free until the project is launched before they can claim their rewards. The bounty campaigns we are seeing these days are mostly fake and are there to scam investors. Many campaign managers are now very careful promoting bounty projects so they don't end up in scam which can effect their campaign management.

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November 03, 2024, 08:53:18 PM
 #67

I think the golden age of Bounty is over by 2017-2018. All the bounty projects published at that time were successful, that is, they paid money from all the projects. So at that time those who were involved in bounty projects did not waste their time but nowadays bounty projects don't pay so working here is like wasting time.
Yes, most of the bounty projects launched and advertised then were successful, and the bounty campaigns paid good and reasonable of money to their participants. Then bounty campaigns were very good because there were no signature campaigns then, but when the merit system was introduced, many people leave forum, and signature campaign came which started to reduced the power of bounty campaigns.

Even in 2019/2020, there are some good bounty projects that paid well then, but now the new projects are not even given good allocation out to its participants, and to some extent, some of the projects turns out to be scam project, which is why they lack attention in the forum; and generally, we can now say that bounties are waste of time.

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November 03, 2024, 09:09:54 PM
 #68

I think the golden age of Bounty is over by 2017-2018.
As I saw your post and I saw your rank, I just decided to check when you created your account, and I noticed that you created your account by January. The only surprising thing about it is that how did you know about things that happened by 2017-2018? Seriously,  it’s surprising, or maybe you already have another account, a newbie won’t really know about that.

All the bounty projects published at that time were successful, that is, they paid money from all the projects. So at that time those who were involved in bounty projects did not waste their time but nowadays bounty projects don't pay so working here is like wasting time.
I agree with you that bounty projects are just a waste of time now, most of the projects you will see now are scams, or they will pay just a little amount of money that isn’t even worth the stress. That’s why some managers are no longer laughing at bounty campaigns because it’s just going to be like people will be working for free.

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November 04, 2024, 01:18:07 AM
 #69

Yes, most of the bounty projects launched and advertised then were successful, and the bounty campaigns paid good and reasonable of money to their participants. Then bounty campaigns were very good because there were no signature campaigns then, but when the merit system was introduced, many people leave forum, and signature campaign came which started to reduced the power of bounty campaigns.

Even in 2019/2020, there are some good bounty projects that paid well then, but now the new projects are not even given good allocation out to its participants, and to some extent, some of the projects turns out to be scam project, which is why they lack attention in the forum; and generally, we can now say that bounties are waste of time.
That is right Bounty campaign landscape has gone through big changes over years changing from profitable and rewarding to disappointing and mostly pointless. At first successful projects paid their participants well but then merit system and signature campaigns were introduced which made them less effective. Lately many projects have less money to give out and some have even turned out to be scams so it is causing people to lose interest and stop participating. To make bounty campaigns worthwhile again industry needs to be more open about how projects are funded and have stricter rules to stop scams and give fair rewards and improve way campaigns are structured. Until these changes happen participants need to be careful and research projects before spending their time because current state of bounty campaigns is mostly disappointing.

 
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November 04, 2024, 03:47:09 PM
 #70

I don't know because that will depends on each people. For some people who have expectation from the bounty, they will participate  and do many tasks while they wait for the distribution of the bounty rewards. But for the others, they think that bounties are not worth because the rewards will not gives them a big profit. Besides that, they must be careful when joining in the bounties because many projects can turn to be a scam without notice. Newbies can still participate but they need to be selective choosing the bounty while they must research first before they join. Worth it or not will be on them because they will decide it. But they can participate in the bounties if they have a free time.

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November 04, 2024, 04:31:09 PM
 #71

I don't know because that will depends on each people. For some people who have expectation from the bounty, they will participate  and do many tasks while they wait for the distribution of the bounty rewards. But for the others, they think that bounties are not worth because the rewards will not gives them a big profit. Besides that, they must be careful when joining in the bounties because many projects can turn to be a scam without notice. Newbies can still participate but they need to be selective choosing the bounty while they must research first before they join. Worth it or not will be on them because they will decide it. But they can participate in the bounties if they have a free time.
We recommend that for beginners pay attention to the project before registering to follow bounty, they must first look at the side of the project whether it has the power that is appropriate to be fought by them or not because it is one of the certainty of how in the future, such as knowing the project, knowing who the founder and part of his team, knowing the WhitePapper of the project and so on as a fundamental data to convince us that if participating in a bounty a project can provide proper benefits at the time of the division, most people who are deceived they do not study more deeply so that they regret and say that the bounty project does not have a great opportunity to make a profit.

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November 04, 2024, 05:14:14 PM
 #72

We recommend that for beginners pay attention to the project before registering to follow bounty, they must first look at the side of the project whether it has the power that is appropriate to be fought by them or not because it is one of the certainty of how in the future, such as knowing the project, knowing who the founder and part of his team, knowing the WhitePapper of the project and so on as a fundamental data to convince us that if participating in a bounty a project can provide proper benefits at the time of the division, most people who are deceived they do not study more deeply so that they regret and say that the bounty project does not have a great opportunity to make a profit.
It should be like that, but do you see bounty hunters doing it now? especially for those who register for social media bounty campaigns. most of them are account farmers who randomly register for bounties available on the forum with some of their accounts. it is clear that the intention is to get more results if they get paid.

to be safe, just choose a bounty campaign that pays with stable coins like USDT. the results are indeed small, but you can be sure that you will receive payment for what the bounty hunter does.

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November 05, 2024, 08:54:47 AM
 #73


It should be like that, but do you see bounty hunters doing it now? especially for those who register for social media bounty campaigns. most of them are account farmers who randomly register for bounties available on the forum with some of their accounts. it is clear that the intention is to get more results if they get paid.
I understand what you are trying to convey but how many of these bounties get listed on exchange? If they do get listed they are not that valuable to bounty hunters in these times. Five years back bounty was a good way to earn extra. As for now I feel they are waste of time and they no longer hold the charm.

to be safe, just choose a bounty campaign that pays with stable coins like USDT. the results are indeed small, but you can be sure that you will receive payment for what the bounty hunter does.

Only a handful of bounty campaigns offer USDT payment. There are a couple of signature campaigns but they will only hire high ranking accounts. For newbie account it is not that easy to get into bounty campaigns that are paying in USDT

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November 05, 2024, 09:49:40 AM
 #74

This question may look less value but for me it's very important to clarify that nothing is actually waste if time as this could be a relative base in individual as you may not gain in bounty some people too are heavily gaining from it, not all project is to favour not all investment yield required profit, it's best you chose the one that favour you that says many are called few are chosen apply in many things.

Some get allot in writing article on bounty and some weekly report and daily work on bounty it can't be a waste of time just that if it doesn't favour you find out what see best for you but particularly here bounty is not the major focus I can't do bounty for now but to some beginner it's still a good platform to strive.
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November 05, 2024, 11:18:24 AM
 #75

We recommend that for beginners pay attention to the project before registering to follow bounty, they must first look at the side of the project whether it has the power that is appropriate to be fought by them or not because it is one of the certainty of how in the future, such as knowing the project, knowing who the founder and part of his team, knowing the WhitePapper of the project and so on as a fundamental data to convince us that if participating in a bounty a project can provide proper benefits at the time of the division, most people who are deceived they do not study more deeply so that they regret and say that the bounty project does not have a great opportunity to make a profit.
That can be done if they want to avoids a scam from the bounty because we don't know which project that can turn out into the scam. We can only be careful by research the project and we can also talk to them in their social media such as Telegram because now, they tend to use Telegram to communicate and discuss and share all they want. Reading their Whitepaper can be a choice to know how good their project but if their project looks too good to be true, we don't have to participate in their bounty. But the problem is we may be wrong to say that their project looks too good to be true because any projects can be the next scam.

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November 05, 2024, 12:21:15 PM
 #76

Yes, bounties are a waste of time now than it was a few years ago. In 2017/18, a lot of people (even members here) made a kill from bounties. We can't judge it to be so now. Can we? Now, so many scam projects are rushing to push their products through bounties and then lure them into running transactions on their sites for a fee, especially those on telegram mini bots.

Anyway, halving and post halving years have been identified as favourable periods for altcoins. As such, it won't be much of a loss for anyone who indulges in bounties this period as we expect market to peak soon. If I were to advise anyone hunting bounties, I would say they shouldn't sell off immediately they get their reward when it's listed. Keep the reward token(s) and watch what happens next as we approach market peak.

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November 05, 2024, 01:19:35 PM
 #77

Are bounties really worth the time? I observed some of the projects and saw bounty is a time consuming work with a little payout for newbies.
Even there are many projects that are scam! As it is a low quality work, should Newbies avoid it?
Before thinking about giving back, you need to give something in return, on the forum this is measured by your efforts and help to other users. If you do everything right, then you will be able to pump up your rank and this will give you the opportunity to take part in banty with payment in bitcoins, then you will not have to worry about the fact that this may be a scam, because these campaigns are led by reputable managers and they will sweat, both about the success of the campaign and about the safety of users.
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November 05, 2024, 01:22:54 PM
 #78

Becoming a bounty hunter is a long and arduous path. Hunting bounties with an account with 100 followers is a pointless endeavor in my opinion. If you want to do this long-term, improving yourself and building your audience should be your top priority. Also, my humble suggestion is to work on multiple platforms simultaneously.
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November 05, 2024, 01:58:04 PM
 #79

You can make  more money with a regular job but if you have no job at all, then bounty campaigns are better than nothing. I know how hard it is to make money with bounty campaigns.

There used to be more projects in the past and people barely made an earning back then... I cannot imagine it has gotten any better since then.

The trend has changed, the world of airdrops and bounties is revolving around Telegram and TON nowadays. You will barely find a person who uses the internet and cryptocurrencies who wouldn't know about Telegram mini apps or bots that projects use to promote themselves and give participants incentives. But, things are changing now. At first, these bots and projects were giving away tokens and airdrops for free but nowadays, every other project would need you to at least make some on-chain transactions for you to become eligible, if you don't do that, you might get a few tokens which won't be worth anything.

Considering this fact, even the airdrops and bounties aren't for those who don't have any money because you won't get rewarded only for your participation anymore and you will need to do onchain activities that cost money. Many projects have become the target of rage from their participants after they didn't compensate them enough for their efforts, some examples of such projects are Catizen, Hamster Kombat, and most recently, Tomarket.

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November 05, 2024, 02:45:57 PM
 #80

Yes, bounties are a waste of time now than it was a few years ago. In 2017/18, a lot of people (even members here) made a kill from bounties. We can't judge it to be so now. Can we? Now, so many scam projects are rushing to push their products through bounties and then lure them into running transactions on their sites for a fee, especially those on telegram mini bots.

Anyway, halving and post halving years have been identified as favourable periods for altcoins. As such, it won't be much of a loss for anyone who indulges in bounties this period as we expect market to peak soon. If I were to advise anyone hunting bounties, I would say they shouldn't sell off immediately they get their reward when it's listed. Keep the reward token(s) and watch what happens next as we approach market peak.

2017 - 2018 is golden times for bounty campaigns and to many people really earn good rewards at that time. That's why it became famous activity here in forum, but right now? everything became worthless since to many scammers are now destroying its fame.

That's why to many project launch at that event since maybe those scammers think about that many people want to invest on some altcoin to bull run reasons. But If I where those investors I will not try to invest on altcoins especially for new ones since for sure that we will not get any guarantee to earn with them. Much better to focus only on bitcoin if they want to invest and stop helping scammers towards participating bounty campaigns since they are the only one benefiting since they get free marketing by help of those bounty hunters.

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