Post
Topic
Board Altcoin Discussion
Re: Luring hunters to promote bounties
by
Distinctin
on 18/06/2019, 02:53:28 UTC
What I've learnt about bounties so far
1)many bounty hunters are joining bounties that has huge stake allocations like 300,000$ upward ,some are even after the 1000000$ ones well I've stop hunting for projects that lure hunters with huge rewards as many of them are plain rubbish

2)I've learn to always join bounties that are already listed and trading with good volume and mind you these bounties always have low bounty rewards like 75k to 100k but there is high assurance of selling your tokens if you wish to ,not keeping coins that will never see the light of the days again ,I mean tokens that will never get listed

3)there are few bounty managers that I respect ,they take there job very serious and I always like to follow them ,waiting for them to launch new bounties ,I prefer to join 4-5 projects in a year than promoting shitcoins


I've seen some bounty allocation as high as $1 million, but this is not realistic because the token is not yet in the market and it's just a speculation price, without a guaranty that the price will be traded at that price, if you are an old bounty hunter you know that this is not a realistic price and you will instead look on the project, rather than the price.

They followed the trend in the past, and I've seen some of these bounty reward working in the past, but when bitcoin dump, things changes.
I believe the team can give the reward if they can raise a good amount but having a problem now with lack of investors, even if they put more than a million, bounty hunters already understand they'll not gonna make a good reward as the tokens might not sell at ICO price.