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Author Topic: why do people create a bounty project or social campaign without any future plan  (Read 5314 times)

Offline Jaephoenix

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There is only one answer to that: greed. That vice is a great manipulator. They all want to steal your funds. We cannot avoid such projects in crypto and til this sphere is regulated, I'm afraid, you'll see much more of those scams

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Offline LaZim

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Basically, a bounty is a set of first people. Someone will want to invest or support the project. Someone is just waiting for the payment to sell at any price. But the project does not guarantee that it will be successful. I've been involved in a lot of companies that looked great but failed.

Offline I-Bit

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This only happens to the scammers who only pay attention to getting money and also profit from their investors. So they only use bounty for promotion and after they got enough funds, they will run away. But it will also depend on how the team can really support, control, and also develop the projects

Offline Debasco

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Though sometimes its not intentional, and we can also say its intentional, because sometimes a real plan is made and fail due to some certain reason that it beyond the team control, because in business no one want to make loss other than profit, but sometimes people engage in bounty campaign to scam investors.
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Offline pealr12

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Just because a team decided to create a bounty does not necessarily mean the project lack vision or good concept to make it successful,  conducting a bounty campaign is another cheap way of getting more exposure, spreading the news about the project to more lager audience.

Offline sampoerna

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Mostly, it is because of the money. Money is like sugar, very sweet to have. Much more they can promote the project, the more investors can buy the tokens and they get more money. But, they will not try to list their tokens in exchange and this is actually another case of a scam

Offline andrewBud

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Occasionally the useless tokens can be buyed by bounty hunters. For example, asking them to pay for gas fees, or by conducting a lottery .... Azart sometimes enriches others ..

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Offline Freemind

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Somebody create a fake project, the bounty hunters promote it like they always have, attract potential investors, people invest in that coin/token, the team or person who created the fake project disappears with the money. That is the way to operate and of course the only objective is money.
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Offline Paha87

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Honestly, i am furious and angry with bounties campaign. why do people sat down and request for a bounty campaign on a project they have no intention of developing? why will someone employ a bounty manager to kick start a project and then drop it mid way? obivous because the funds are not coming and then you abandoned the project. many bouny website has dissappear because of this issue.
honest reply please.

Hey, man! Well, here are a couple of thoughts on how to answer your question. First.. The project initially positions itself as a fraudulent scheme to raise money from early investors and not experienced hamsters. The second one.. during the advertising campaign, the demand for the service and product did not meet the expectations of the team and the project was closed. Force majeure circumstances also take place, as well as without them. In general, I do not advise you to sincerely trust and hope for those projects that you lead, be cool and do not rule out the possibility of deception at one of the stages of the company. This is life unfortunately. I respect projects that are honest with their associates, there are such projects.

Offline iloveyobit

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in most cases that happens because of the project is scam from the first place and they wanna steal people's money and thats all,but in some cases, the project fails because of many reasons as example lack of funds which wont let the team to continue developing the token..

Offline ice18

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I have seen this in too many bounty before this is are projects that did not meet enough funding which cannot sustain the development cost like paying staffs and resources to use although its an online mostly and developing software it can also cost a lot and most developers today are demanding huge salary I also join many bounty that eventually disappear after ICO failed but most projects today are initially funded so they have the chance to develop silently and introduce bounty then IEO.   
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Offline Ndry09

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I agree when we have run the campaign according to what has been determined, but when after the project is carried out, it is terminated for no apparent reason. this is really very detrimental.

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Most often, in such a case, there will be one and the same reason why projects die in the bud. And it is banal to simplicity. Someone wants to quickly collect money from investors and quietly disappear with what they have time to collect.

Offline nelson4lov

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Somebody create a fake project, the bounty hunters promote it like they always have, attract potential investors, people invest in that coin/token, the team or person who created the fake project disappears with the money. That is the way to operate and of course the only objective is money.
Money has always been the root of all evil  :-X lol, I totally agree with you money is the main reason why scammer go so far as to faking an entire team and faking a project, they just want to get money from investors, then boom they will just varnish into the tin air, clearing all their footprint from the web, then start making plans for the next fake  project they will use to steal another money, it's never going to end sadly.
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Offline Fawpac2

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In fact, no bounty or social media campaign should be created without planning for the future.  First you have to plan for the future, then you have to create a social media bounty project.  It is not possible to make so much profit by creating a bounty project in advance.  The road map on the website must create a future plan.  If you do not create a future plan, you will not be able to control the project later.
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