Crowdholding

What problems do you see with current ICO bounty campaigns?

What problems do you see with current ICO bounty campaigns?

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What problems do you see with current ICO bounty campaigns?

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Crowdholding is working to make the lives easier for crypto businesses by automating the work involved with a bounty campaign. Tell us your experience with participating in a bounty campaign and how CH can improve this experience for you the user, but also the startup. Bounties usually consist of bitcointalk signatures and sharing on social media, and the startup uses excel spreadsheets and has to manually distribute the tokens and verify who does what, which involves man power. Although we expect some tasks to be associated with sharing on our application, we also want to encourage idea validation questions, similar to what we are asking here, to get the community to bring valuable insight for the business. 

We look forward to your thoughts!





19 COMMENTS 48 VOTES

Most recent Most voted Most verbose

This is such a great and awesome project.

3 months ago

Most of them do not have a proper landscape. SOme come to extort the market without a proper and genuine project. The few ones that have will distribute in 2019.

3 months ago

this is awesome Project for all,
please release bounties , and i can participant :) :)

8 months ago

It's great that such a platform appears. In modern bounty programs there are such problems:
1. Bounty participants are not protected. It is not difficult for a project after conducting an ICO to postpone or refuse payments to program participants under various pretexts. Participants are disunited to influence this. The decision is to coordinate the actions of the participants in communicating to the investors of the project the existence of problems with paying bounties. This will be a reputational loss for a dishonest project.
2. A large number of multi-accounts in social bounties.
3. Different rules in different companies (difficult to take into account with daily activity) It is desirable to collect all the rules in one place. And all activities are also done from 1 place.

1 year ago

Problems bounty is that recently some bounty began to pay little, even if doing a reviev, asked to write 1000+ words, and pay $ 100, it's insulting (

1 year ago

The problem is its old pay but there is also a fast but sometimes its cheap ico tokens

1 year ago

I have several issues with many bounty campaigns:
1. Lack of reliability - we end up doing a lot of work and then the ICO gets canceled and we don't get the bounty.
2. Timing - there is often a very long wait to receive the bounty.
3. Lack of transparency - the terms are clear, but then what you receive isn't what you thought you would receive.

1 year ago

Platform is very good

1 year ago

This comment is not available, it has been removed for violating the code of conduct

1 year ago

Pay bonuses to the members of the ICO.

1 year ago

I have already have up on some bounty campaigns, because it was very confusing, especially when I wanted to join half way through. I wanted to join a bounty campaign of one ICO, came to the ANN on bitcointalk, there were several A4 pages devoted to the bounty campaign and over 100 pages of posts where everybody was spamming with their bounty stats, and it was crazy. I opened the google spreadsheet, which was even more crazy, tens of columns, hundreds of rows...I just gave up and already missed 3 campaign from this same reason.
Some simple and organized solution for these campaigns would be very welcomed. ;)

1 year ago

The biggest problem is, ico holders behave to bounty hunters like crap. They give some promises and changing it every time. They are cutting the budget half, extending ico phase two months and not letting anyone to leave if they do they won't get anything. If there is a deal, people should honor it.

1 year ago

Startups don't manually distribute tokens, they just enter stakes into a smart contract with address of the bounty hunter.
Stakes, however, are mostly added by hand into the spreadsheet.

Oracles are your friends. You can automate most of the checking (although honestly, very few bounty managers bother with manual checks of the content posted, which is the main gripe against bounty campaigns.. it's mostly just spam)

There is another very convenient solution out (and very disturbing for me to even consider using) you give the app the permission to post tweets or FB posts for you and there are startups that have a checklist which you check and the bot automatically posts things on your social media.

Validation of ideas will require a person doing it for the foreseeable future and this is what I mostly see Yuppie niche. Reward good user feedback and that generates a positive feedback loop. People see good ideas are consistently rewarded and their up their game and stop posting hurrdurrr yuppie rulz posts good project very support much likes wow

1 year ago

I would say the fact that everyone that has to input into a spreadsheet and ICO's have to go through systemically every week to update it is time consuming for the startups and also means that everyone has to wait a long time for their bounties. Poor system for everyone and could be automated. This would also would minimise human error.

1 year ago

Many ICOs I've seen throw a Google form at you that needs to be filled out, sent, and then you wait. That's simple and fast, but feels clunky and unprofessional. I'd much rather see a "checklist" (like Refereum does, for example) where you can finish individual tasks and get feedback on a successful completion.

1 year ago

When is the checkpoint? and please provide the spreadsheet. Thanks!
twitter username: icomap24

1 year ago

We don't use spreadsheet, we use Crowdholding. If you want to participate in our Twitter campaign comment here: https://www.crowdholding.com/project/68/task/258/ico-bounty-marke...

1 year ago

I think this task is more about what do you think are the current issues with all bounty campaigns and how they can be improved.

1 year ago

Personally, my biggest gripe with bounty campaigns is, as you said, how long it takes. Even for the user. With some bounty campaigns, ALL of the tasks must be met or else you get nothing. Paying out a smaller amount of tokens for each task makes sense, and also eliminates the need for support staff to be answering the "but Twitter is banned in my country" kind of requests.

1 year ago