Bounties : A free way to get your preferred projects' tokens or stakes at the expense of your time, efforts, social out reach, skills and quality of your work.
Bounties are mostly performed as part of marketing strategy where more than thousand participant can join the program and publish the ICO's that is being developed newly. They afford such high participation as they pay you Stakes/Tokens allocated as part of the marketing funds.
Basically when the ICO raise funds then depending upon that they will allocate the price to each token and depending upon that they give X% to the bounty share. Thus they loose nothing from their pockets as such as they just take it from the investors and give it to the bounty participants.
A Good Bounty :
Bounties those allocate only 1% or less than 5% of total share of the created tokens or raised funds has got big chance of getting successful and hence its better to look for such bounties only. These bounties become successful because less % is spent on the bounty participant and more % of funds will be available for the project development, further marketing phases and open beta, alpha launch etc. These need heavy investment and thus having more % available as result of less % allocation to bounties is success mantra for them.
A Best Bounty :
Bounties those spend less than 5% on the bounty itself however focus more on the campaigns based on the BTC payout are successful one because they pay the money directly to the participants. They dont allocate their tokens in mass amount and thus get less chances of dumping when they get listed over the exchangers.
A Bounty with Moderate Chance :
BBB is new success mantra for the bounties these days. The BBB stands for the Bounty Buy Back programs. This is published at the start of the bounties that bounty participants will have the chance to return the tokens at the ICO prices through the BBB program. Thus at any cost bounty participants will be able to sell their tokens immediately to the ICO company and ICO company themselves will put the money into this program. Thus it raises the funds heavily and there is no as such dump that occurs in such bounties. They get good success rate in the later times.
A Bounty to Stay Away from !
Bounties who are managed by the team member and who cant afford to pay a bounty manager could be suspicious one. I mean if they decide to manage the bounties by all themselves and start with brand new account here then it becomes really untrustworthy or ambiguous to focus on such bounties. They could turn out to be scammers at any time.
A Bounty to Avoid !!
Bounties with poor communication, no regular updates and basically dead social network can be first sign of fishy ICO's. If ICO has to be successful then first thing it needs is the investors base. If you see almost no regular followers of them, dead ANN section, threads with less than 100 replies can be dangerous bounty to invest in.
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Conclusion :
Dont be just foolish enough to join each and every bounty that you see in the forum. You always should think twice when you press that reply button and start applying to the bounty programs.
Being responsible while studying the bounties can be good for you and to the forum members also. Speak out when you sense some thing suspicious about a bounty program, start posting if you see something good about a bounty!
Both can make you aware of proper bounty planning and participation.
Wonderful tips for beginners. I must commend you for this. I learnt some new things from this and I like to keep learning from. People like you. Keep up the good work