Another thing is how can you tell if it has a potential or doesn't have any?
I was a bounty hunter so I can really tell if a project has huge potential or not, every project has their capacity of bringing funds to bounty hunters which can be categorized under low budget funds(token/usdt/eth/btc) and high budget funds,(token/usdt/eth/btc), I understood from these categories that
- Low budget projects approximately $3k paying hunters in token/usdt/eth/btc usually have good potential at the end the campaign. Examples are Injective Protocol, Cartesi, DeFi Yield Protocol
- High budget projects approximately $500k+ paying bounty hunters in token usually fail and have less volume if listed on exchange. Examples are Hivenet, TLSGROUP
In conclusion, potential project brings less budgets for bounties hunters. Take note.
I kind of doesn't understand the analogy here. Isn't it good if the project has a huge amount reserved for bounty hunters? That somehow means they will spend more on marketing. Care to elaborate on this more?
For OP, it is hard to check every project you bumped into to check if it is going to be successful or not. What I do is that I stick to a bounty manager with a good track record. These bounty managers, if they are good, check every bounty before they accept managing them. Some even notify people if the project became bad after a few weeks. Well, bounty managers are human too so they make mistakes. But still, the track record and them being able to care to their hunters is sort of the key.