Quote from: Rohan Kotkar on March 30, 2023, 12:47:50 AM

Quote from: Obong Okon on February 08, 2023, 11:54:12 AM

Sometimes I find myself being added to Telegram groups where they are doing bounty campaigns for new coins but at the end of the day, people will start complaining that the project is dead. In most cases I exited from the groups immediately I find myself there because I feel they are prone to defrauding people.
This makes me to wonder if bounties really pay.

Almost all of the bounties pay but they pay in their native token. Anyone can create a custom token with pennies so it's not a big thing. What really matters is which of the project really succeeds to monetise their tokens. Back in 2016-18 there were really good projects which have immense demand now so their bounty campaigns paid a good sum of money to their hunters.

Compared now, 1/1000 projects might succeed. Others end up defrauding investors, unsuccessful attemp or plenty other reaon so even after they pay, their value is nothing.

If you are getting irritated by getting added into groups, you can simply turn off the privacy setting so that unknown contacts can't add you in such groups.

The crypto environment is always not far from people who are evil for their own sake, so for me this is a big lesson that it's not easy to see the side of a new project that has potential or not. sometimes I always wait for a bounty with a clear payment such as usdt, busd or even the new token has a price even though it doesn't have to match these expectations better. project competition is very big to be growing