Bounty Campaigns - How They Ruined the Prospects of Decentralizing Work (and what’s the solution)

Written by DAO Maker | Published 2020/03/29
Tech Story Tags: crypto-marketing-agency | bounty-campaings | community-forming | cryptocurrency | social-mining | dao-maker | digital-marketing-agency | good-company

TLDR The bull market craze was covering up the money problem, awkward token spending, and investors’ inexperience. Bounties quickly diminished the legitimacy of decentralized projects, as many had built false, transient communities. Giving large amounts of tokens to someone that has no stake within the projects will just result in a fast dump and no vested interest in delivering quality work. Bounty campaigns were a pathetic form of decentralizing work. Decentralizing work was just a mirage of mirage in reality when it was a fluff of work in reality.via the TL;DR App
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Published by HackerNoon on 2020/03/29
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