[Analysis] Why do people quit from bounty?

[Goodcat49]

It's not so profitable as earlier and there are too many scams.

[Doctor]

Recently, not only people with less experiences, experienced bounty hunters also begin to quit from bounty activities. I know very well the big reasons why they quit. That's why I think they cannot be blamed by the action. Let's see below the reasons. 

Here are the most reasons:

1. A lot of bounty programs only resulted with pennies.
2. Many scam ICOs, resulting no rewards for bounty hunters.
3. Many bounty managers / teams of bounty projects changed the rules after bounties were over. They asked for KYC and lessen the bounty allocation significantly.
4. Bounty tokens/coins have no prices once listed on exchanges.
5. Bear market still continues and no big signs to have bullrun in the near future.
 
I also consider and think deeply about those problems, but I am still confidence to work on bounty programs as long as there is a hope for a better crypto future.

- How about you, mate? What do you think about their action?

I think  the basic reason why people quit from bounty because the project is scam indicated.  I have  joined many scam bounty.  We can detect the bounty scam by following project and their team  in social media.

[tsakf]

I have participated in a signature bounty. The campaign, ended on 30 of April. The coins are still not distributed. I don't know, how long it takes to get your coins.

[EtherFenix]

I have participated in a signature bounty. The campaign, ended on 30 of April. The coins are still not distributed. I don't know, how long it takes to get your coins.

It is not always possible to get your deserved coins, now there are companies that do not pay for the work. Maybe they'll come, but if the company's bad, you don't have to wait

[juv3ntus1]

Low reward for the work. Now the cryprocurrency market is bad for new coins and a lot of them go 10x down when are listed from the ico price.

[alltalk]

It's not so profitable as earlier and there are too many scams.

Don't compare the current bounties and bounties in 2017 because there were too many differences. Just looking at the facts today that many failed projects and scams that lead to no payments. Even if getting payments, many just results for pennies.

[ICOrealityshow]

One of simplest reason is their own choices, as if that’s not good it’s not sensible to blame others. I feel that it’s important for one to join only projects with high value, as it’s where one is able to gain.

And this is where I join only top Bounty Campaign that holds good value, as I know it’s kind of stuff that makes so much of a difference. If we join one that’s high on potential, it will help us in so many ways. So that’s where we have to really work hard.

[tsakf]

Don't compare the current bounties and bounties in 2017 because there were too many differences. Just looking at the facts today that many failed projects and scams that lead to no payments. Even if getting payments, many just results for pennies.

I was involved, and it ended up, as a waste of time. Many scam projects, and no, or very little payment.

[Shahinaz]

I still believe in the bounty program, even though there are many fraudulent projects now, but not all of them still provide a large income, I will survive in this bounty project and move   if crypto really dies

[Fenix]

Now there are very few good ICO projects. The teams of many ICO projects almost openly trick bounty hunters into paying promised rewards. Who wants to work for scammers? This type of activity needs to be urgently regulated so that there are clear rights and obligations of the parties.

[Zemytha]

Not only that, a good project right now is not holding a bounty. Some projects that launch bounty are ordinary projects. Maybe only 10% are successful from all the bounty we follow. Maybe in the next few years, there will be no more bounty.

[Niteroy]

With the return of interest in investing in ICO, IEO, STO, promising projects and new bounty campaigns will begin to appear that will bring profit to the participants, but it is unlikely that there will be many such campaigns. First of all, it is necessary that the regulation of the ICO market appears, after which the number of scam projects will decrease and the situation with bounty campaigns will improve.

[masterrex]

Simply the most common things why do people quit from doing bounties! because the bounty campaigns are not profitable anymore, the market are not favorable to the new projects, that leave ICO's idle and even cannot reach its minimum funding needs so the bounties are failed meaning the sweat and effort was wasted, don't forget to add scam bounties that also contributed why people start to quit in doing bounty campaigns.

[Luckyperson21]

From some of what you explained above, I am more in agreement with point 3. This was done to reduce cheating on the bounty. There are still many who only copy work links and only change their wallet addresses.

[Senin]

First of all, while we are witnessing a virtually two-year stagnation of altcoins in the cryptocurrency market. In such a situation, it is the teams of good projects that do not want to take risks, because investor activity is now extremely low. In fact, there is nothing to lose only to fraudulent projects. Therefore, the situation for participation in ICO bounty campaigns is currently unfavorable. However, ICO activity may still be revived. This is one of the main ways to improve cryptocurrency.