Quote from: KaliLinux on Today at 11:17:49 AM

Quote from: Yawa2020 on April 17, 2022, 03:01:30 PM

The term 'BOUNTY' refers to as a reward for some specific act, especially one given by an authority or a government. But this definition is taking another dimension because most of the project owner or BMs don't really care enough about bounty hunters reward(s). To participate in bounty now is good as wasting your time. How on earth can someone earn $1-2 for working at least five days each week in a month? Does that sound good to you? This is incredible! Something has to be done about this before bounty turn to scam in it entirety. What's your view, opinion and suggestions on this?

It is very different with different bounties. Yes, we have seen Bounties projects that have refused to distribute after the bounty ended, some that changed what ought to be distributed as specified before the bounty started, and those that did distribute as expected so we cannot rope all in one bundle. At the same time, some projects have all of a sudden gone down to the trash after they were distributed as planned like BP even after all the promotion. You win some you lose some and continue trucking Grin

Quote from: vectisitch on Today at 10:09:28 AM

As an ex team member on a few different projects i was involved with bounties/ airdrops ect that required a certain amount of activity or quality in the tasks required. I can say that around 70% of participants were from the poorer countries. So these bounties were obviouysly used as a means of income to people which was ok. However most participants were caught trying to cheat the system. Either not doing what was asked or writing a very poor article with really bad English. So we had to disqualify them or not pay as the quality was too poor. We then got screamed at for not paying. They wanted to know why their 30 minutes of work only paid 10 cents worth of coin/token. To me bounties or airdrops are a speculative activity. You do it to hold and hope it gains value.But most people wish to just dump the coins and crash the price, then cry that it's worthless.The days of bounties and airdrops are over imo as they only serve to destroy the value of the project over time with the constant dumping.

On this, we keep hearing this same narrative from the project team but wouldn't you think it better to pay the accounts that did what was required their full worth and of cause penalize the defaulter which we don't have a problem with as long as there is the evidence of their poor work instead of penalizing all including those that did it right? Cos we have seen where everyone are penalized bcos of the bad ones.

I'm not saying we paid no one. We did pay the people who did the required tasks. But the people who were just in it for income and dumped as soon as they got paid slowly sunk the price. So their coin rewards were worth far less than they were if everyone held their coins. That is a well known problem in bounty/airdrop coins. We called them locusts. They stripped the coins of their worth and then just moved on