How Bounties Ruined the Prospects of Decentralizing Work (and what’s the solutio

[crypto1010]

The 2017 bull market successfully covered up all the major flaws of bounty campaigns and their broken system, but it eventually became clear that these campaigns created little to no real value as participants had no vested interest.

Decentralized work and value-add are an inevitable aspect of successful startups, businesses, and economies; bounty campaigns were simply the wrong approach.

Pioneering one of the first feasible solutions for valuable decentralized that can be remunerated with tokens, we developed a fully pluggable platform that will allow projects to reward and incentivize community members (hodlers), thereby incentivizing growth in organic community size and activity.

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https://medium.com/daomaker/how-bounties-ruined-the-prospects-of-decentralizing-work-and-whats-the-solution-14c865e2c85b?source=friends_link&sk=d2af36a0d650e707d3466499b2ad8460

[aiviaa485]

We cannot compare 2017 and now because 3 years ago was the golden age of cryptocurrency and it is definitely different from the current year.
Maybe if it might be an example it could still be from 2017 that was the heyday for cryptocurrency and maybe someday it will achieve the same thing.

Bounty now also feels a little income and that's why we have to be patient waiting for Bull Run.

[masterrex]

I disagree with this article "why these people are pointing bounty campaigns that ruining the prospect of decentralized works, how stupid is that most bounties are just paid with native tokens of any ICO, IEO projects in just a small amount, so what was the related connection on bounties, the truth is they are needed those people to promote its project in social media, Blog telegram, etc do you think if there are no bounty campaigns there will be thousands of people in their respective telegram group, " the author of that article must be dreaming" FYI bounty campaigns are the cheapest form of marketing and advertising of any crypto-related projects. there so-called researched base on the Tokpie report was just an excuse to promote its vested interest and tailored alternative which is the "social mining" concept the article has two purposes promoting its social mining concept and to discredit the bounty campaigns.

[freakslot11]

In general, I do not see any connection between the bounty and the destruction of decentralization. Participants in the bounty are just that some part marketing and advertising project. Creating real value depends on the developers of the project, and personal interest has nothing to do with it.

[Istiak]

Why you are talking something that happened 3 years ago. Bounty hunter is the key for project success because they do most of the work. Without marketing how the project will be promoted. And also I don't understand what is the relation between them!