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The pay is very low compared to market rates. The chances of screwing up a sponsorship and getting blacklisted are high. Non-negotiable contracts for each deal that could say anything, steal your image rights, content, etc. Lots of risks for a few hundred dollars.
I do a lot of bounties because they're so easy to get compared to other sponsorships, oh well lower rates. But despite most people agreeing it's lowballing, there's a company actively workin with streamers and offering more work for 70% less pay, thinking that's okay to do. :L
I do agree strongly with Omeed that it's ripe ground for contracts that might carry clauses that could be damaging. I don't know the specifics on the contracts at all. There's also the potential to get too reliant on something that's easy instead of pushing for growth.
I don't have the answers which is why I'm talking to people willing to take the plunge and see what comes of of it!
Just be careful what you sign. A few hundred dollars could cost you a lot of money in the long term. Read every agreement.
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