If I participate in a bounty program in all the requested social media channels, which offers a total of like 6,000,000 USD, and the bounty ends with very few participants, does that mean the few participants get all of the tokens? For example this
oneIt might look look like there will be a huge pay day, but digging deeper, you can see that their total bounty allocation is 5% and half of that goes to referrals. it is also a very long bounty campaign, it lasts until 11th of august.
Since the true bounty allocation is then 2.5% it means that the amount would only be 3M USD, if they reach hardcap, which is 90 million USD. If they manages to raise 45M USD, there would be 1.500.000 USD to share between all bounty hunters etc.
The pre-ICO has not even started, so right now, nothing has been raised and nobody knows how much they would actually raise and if they would even raise enough to hit softcap (if softcap is not hit, bounty hunters get nothing, since project does not start). Their soft-cap is quite high, 37 million dollars. So there is also in my opinion some risk that you would end up getting paid nothing.
As with all bounty campaigns it is also about you believing in the project and therefore taking a gamble on them and help them make their goals.
Thanks alot, that was truly helpful. I was reading their white paper, and given my finance background their project seems legit. I think they are solving an actual problem in the market. What do you think? any inputs about the project itself, not about the bounty?