Ninjastic
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Post
Topic
Board Altcoin Discussion
Re: High rewards still possible in bounties?
by
TheClownSong
on 31/03/2020, 07:36:13 UTC
Quote from: TanakabZX on March 31, 2020, 07:09:19 AM
Quote from: hirngespenst on March 31, 2020, 06:29:24 AM
Quote from: DonFacundo on March 31, 2020, 05:54:09 AM
seems it is impossible these days, $350k for the bounties is too much I think because most of high rewards are scam projects. Low rewards can be legit but for the high rewards it can be scam, still you need to research first so that you know.

You are absolutely right! High reward means scam nowadays! This year, only RideNode has 350K USD allocation for their bounty campaign and at the end, they scammed as usual! So, running for the high reward-based campaign is not a good idea anymore, rather run for quality! All the quality bounty campaign has a limited budget with the limited slots!
RideNode is a complete scam and it has been exposed, the bounty allocation had 350k and it's not way too much in those days but presently it looks impossible because of the situation going on in crypto space, for example lack of investors

With a bounty budget of $ 350k it is actually not large because the allocation is no more than 5% of the total supply, sometimes even only 2%. But due to the sale of tokens that were less successful, it made the allocation of bounties smaller.