Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: cryptothief on June 05, 2018, 08:34:20 PM
-
Many projects simply fail to collect their desired funds during the initial period, especially since the market dropped a few months ago. Extending the ICO and/or bounty is unfortunately a necessary evil, I would rather they managed to raise the money required to move ahead with the project, as it is more likely to be a success and the value has a better chance of holding/increasing. Not much point in getting tokens on time if they're worth nothing when they hit the exchanges. It does mean that shares are usually diluted though, as more people join the bounty campaign. Nothing much you can do about it, I just try and be as selective as I can with choosing bounties to participate in, but it's never guaranteed.
-
Now it's pretty hard to make money on signatures campaigns ICO. Many ICOs are fraudulent or unable to raise the necessary funds for their project. However, when ICO campaigns are successful, they also rejoice us with their awards.
-
I aggree.
I witnessed the crazy bull run. At that time all the projects (i mean all - .hitty ones too) were sold out in seconds. People became crazy about ICOs and how they ended up x50.
In March ICOs started to fail like crazy. Even good projects filled their hardcaps in weeks.
Right now even though people are talking about how things are going to be great actually everybody has doubts about this.
So only a couple of projects are hyped,
ICOs have to become more well know to sell out their tokens/coins. For that the first thing they have to do is Bounties. Airdrops don`t work a lot anymore. They don`t pay a lot. If you ever checked out AirdropAlert or similar websited more than %90 of the airdrops only pay $2-$5. To complete an airdrop takes around 2-3 minutes. Sure it`s money but people don`t even trust if they will be payed or the project will fail.
Bounties are more trustable, most of the people joining bounties know about the community and they are ready to invest. Using bounties especially Signature is a great way to catch investor.
-
In March ICOs started to fail like crazy. Even good projects filled their hardcaps in weeks.
Right now even though people are talking about how things are going to be great actually everybody has doubts about this.
So only a couple of projects are hyped,
IMO it start failing when scammers started making away with people's money.
When ICO's became greedy by setting hard cap unreasonably High!! raising 30 million usd for a project that the soft cap is 500k usd and will damn do the work of setting up the platform.
if 500k can set up the platform while raise 30 million in the first place.
-
Most of them extend their bounties because they do not reach their soft cap. They extend it to make more time to advertise their bounty to attract more investors to purchase their coins.
-
Maybe because they want to extend their bounties just to attract more people to join with them. For them to have more time to get more investors to attract and purchase their coins.
-
Things happen uncontrollable specially when we deal our business in crypto. Unfortunately and unnecessary seems normal but not usuals. They did to extend the bounties to take advantage to all bounty participants because the management still holds the full authority to handle their business.
-
It all depends on how big the project ico get the funds from the sales period. crypto market prices also affect ico sales. at the time the price decreases automatically ico organizers will stop their sales.
-
sometimes it happens because of the price of bitcoin but most of the time it is extended because of not reaching the target fund for the project. Lack of investors.
-
Most ICO's extend their bounties because they do not reach their soft cap. They extend it in order to create more awareness about the bounty and raise more funds to support their project.
-
I don't really like it because doing bounties you don't really know what youre getting into and how long.. I think if they extend the ICO they should extend the pay of the bounty... On sites similar to this one that I will not name.. Ive had a signature on since early march... and I can't remove it because I won't get paid.. I think this is ridiculous.. most of these newer projects have too high of a hard cap.. everyones trying to cash cow with the ICO craze and its hurting the market.. fewer and fewer coins are even making 10X with the high hard caps and ridiculous unproven expectations of the company in forms of amounts raised.
-
maybe it because the ico is still running an the ceo of ico think that there ico didnt have yet enought population to get the soft cap or the hardcap. there many reason of it. but the main reason on it is didnt get reach the softcap thats they extend the ico and the bounty
-
When ICOs extend the period of the bounty because of their inability to reach their softcap, i think its a good idea because it shows how determined the team are, in order to bring their project into reality
-
Maybe because the desire participants did not meet or the desire result still not achieve. The team have the rights to change the rules or extend the campaign if necessary. It is depends on the participants and result.
-
I partially agreed with you, the numbers of participants is a factor, may be for the coin to spreed to many people,that is being democratic. However, it also possible in some project to have few participants, and achieve the desired goal e.g hit the soft and hard cap respectively.
In a nutshell, most project extend their project to meet the set goals and objectives as stated on it road map.
-
Because of the many employees who work in bounty companies, many of the project collect their own money
-
The extension of bounties only means unsuccessful desires goal. The money did not reach the limit to start the project. Basically bounty hunters that does not like to leave the project will remain due to started effort and time with the campaign. Undesirable extension.
-
I think the reason why some ICOs extend their bounties is they might be failed to collect enough funds for their project.
-
ICO without bounty will not be successful in a short time. if the project ICO extended during the sale of the bounty have to work longer to promote the project ICO it. there are several factors that make the project ICO extended as market crypto bad and did not reach softcap.
-
because of course to extend the period of promotion because the previous sale is not fulfilled in accordance with the criteria owned by the developer then bounty be extended to maximize the next sale .
-
Most often they fail not make good sales of their token before the bounty campaign ends and so they would want to continue the campaign to reach more investors
-
I definitely agree.... Basically, ICOs extend their bounties in order to reach either the soft cap or hard cap..
-
I do not understand why it happened. but as I see they will extend bounty because they do not reach the target according to their program for their project development.
-
Because of the many employees who work in bounty companies, many of the project collect their own money
I think I will disapointed, But If the tokens will rise and pumping. I really happy when ICOs extend their bounties
-
Many projects simply fail to collect their desired funds during the initial period, especially since the market dropped a few months ago. Extending the ICO and/or bounty is unfortunately a necessary evil, I would rather they managed to raise the money required to move ahead with the project, as it is more likely to be a success and the value has a better chance of holding/increasing. Not much point in getting tokens on time if they're worth nothing when they hit the exchanges. It does mean that shares are usually diluted though, as more people join the bounty campaign. Nothing much you can do about it, I just try and be as selective as I can with choosing bounties to participate in, but it's never guaranteed.
Well, there's no choice if they are not able to get their hard cap so they need to extend their ICO and they should make any promotional strategy, just to make sure that they will reach the goal, and also about the bounties, They should continue also their support of the ICO as part of their job, until the manager will announce as closed, so for me there's no big issue, as well as they will pay us.
-
Many projects simply fail to collect their desired funds during the initial period, especially since the market dropped a few months ago. Extending the ICO and/or bounty is unfortunately a necessary evil, I would rather they managed to raise the money required to move ahead with the project, as it is more likely to be a success and the value has a better chance of holding/increasing. Not much point in getting tokens on time if they're worth nothing when they hit the exchanges. It does mean that shares are usually diluted though, as more people join the bounty campaign. Nothing much you can do about it, I just try and be as selective as I can with choosing bounties to participate in, but it's never guaranteed.
The reason why ICOs extend their bounties.Maybe the value of coins is not increasing or the bounties need many participations
-
There are many reasons why ICOs are extended their bounty campaigns maybe it's because they did not reached their target amount oif token sale like soft cap and hard cap or due to extented pre sale of coins.
-
When the ICO is extended to the bounty it means that it needs more extensive marketing.
Because as far as I know, the bounty is registered from various countries and can attract more investors from various countries through bounty.
-
Well, they are greedy first of all.
Second, they are paying the same budget so asking more for the same money is something they like most of the times.