Topic: Another deception of bounty payments to hunters POOLZ (Read 579 times)

Today the team started sending out 10% as they said, of course it's a pity that such a decision, but this time I kept my word!

There seems to be something shady going on between the coin and the capital market cause the trading volume of the is not up to $2 million sources on the information provided for coin gecko it certainly $1,945,140.
Dejavu. My advice to bounty participant don't rely on getting your payment from the team so you won't get hurt cause the team behind the project seems not to be ready to pay you guys now maybe never.

Sorry to hear that. Projects can do what they want and will keep delaying distribution as much as they want probably until they are done with the dumping.

If their trading volume is legit (more than 2 million USD) they shouldnt even feel that 10% of bounty pool distribution which is worth approximately 70,000 USD, but we all know how easily that is faked.

As I said before, bounty hunters won't learn any lesson from this and projects&managers know that.

as expected, after the updated announcement, the team wrote that they have 2 weeks to make reaudit spreadsheets and send the first 10 % of the reward, 2 weeks have passed, so there is no news, there is no reaudit, there is no payment of 10%, as they usually write " wait for announcements"

I like your optimism but chances of that happening are slim to none.

Situation is fairly simple: since they decided to decrease distribution period from two and half years to ten months, they have to find a way to distribute less tokens than initialy intended, they went with "re-auditing ", which is nothing but an euphemism for cutting down the bounty pool. The only question now is by how much will bounty pool get decreased.


Lets be honest here; majority of projects having bounty campaigns are crap and majority of work done by bounty hunters is crap as well (out of curiosity I read some articles and watched some videos some time ago ) so no wonder that bounty campaigns often end up this way.

Yes, for the better, in their direction, dreamer 

ahahah, sorry, but,for all the time in the bounty, I have not yet met a company doing a re-audit for the better for hunters ))) if you add up all the announcements that they announced, it is clear that they do not have a special desire to pay at all, the fact that they did not make a reserve of tokens for hunters at all, knowing about the bounty of the company, says a lot ) and you think that they will count in a plus )))

Re-audit? Why is it needed, there have already been two audits, and now they decided to arrange a third, in order to exclude 90% of hunters altogether. After the first audit, they gave me low for the article, and after the second audit, reject. The third audit is apparently needed to deliver the rest of the reject. And the video was rejected, the manager does not respond in a personal message, he sent proof of views to the form, they also ignore it. Or maybe the team will revise the results for the better?

Yes, you are absolutely right, now there will be many exceptions for stupid reasons, lizhby pay less... The fact that they did not even make a reserve of tokens for the Bounty company, already says a lot, just ahead of the company key tango, something tells me that there will be exactly the same situation as with poolz, those who like to investigate, can do it...

I thought the new announcement will give a solution but it just made things worse.
Re-auditing the spreadsheet looks like bad news for everyone. I thought it would just be the waiting that will be a problem to the bounty hunters lol This team is the worst, I'm almost sure now they are going to exclude users and take the tokens for themselves.

So I can't understand why they should re-audit the table if the manager did it ... Do not be surprised if many expel, even without explanation, and those tokens which they were to receive, keep, and not spread to the rest of the participants, thus reducing the pool of the company, I personally have configured due to the fact that I started this thread, and those who were outraged about the first method of payment, but to keep quiet and swallow it all not collected, many projects were given tokens for a huge sum, without worrying about the price of the token and has earned its positive reputation, the graph, keep, UNI they think many kompaniyami should take an example

How the hell this is going to help and work? What can they check, if the campaign is already ended, hunters has taken off signature, some social media accounts are banned or users deleted their records? Who are these "some members" ? Do they have experience of bounty management?

I don't think this option is "more loyal" for bounty hunters. Distribution is still postponed and will be made in parts. There are chances that some hunters will receive 0 reward (luckily others will receive their share).

I've skipped participating in bounties years ago and I see nothing changed. Bounty hunters are still treated like crap...

Yes, this is a loyal decision, the main thing is that now the team does not exclude people from the final spreadsheets without a reason

  Common sense prevails! Of course this is not what we expected. However, this is a solution. Such a decision will look loyal to both the company and us. 

There is a new announcement, more loyal, one thing is confusing that the team decided to double-check the spreadsheets, now there is a chance that many will be excluded without any explanation

"Hi everyone,

As you probably know, over the last few days, our team has been speaking personally with a number of the group members, the bounty hunters, to hear your voice and your thought to define together with you a new token distribution that will be shorter than the existing one.

As the problem is that the token distribution is not set at the beginning of the bounty mission, we work harder now to provide you a deal that will be fair and, on the other hand, keeps your interest, that the token price will not exact.

As we appreciate your fantastic job since the beginning, we saw you the same as the first investor who believed the company since the early days. Therefore we find a solution that establishes this structure.

So, we are giving the priority of early investors to the bounty hunters. They will get their token as the same model as those early investors will get.

Our new deal:
We will give 10% of the tokens each month. I will be starting after the next lockup period. (2 weeks from today). The 100% amount will be cleared in the next 10month from that day. This is the best deal we can give because you guys are getting the priority of early investors. And we think it’s a win-win deal for everyone.

For the spreadsheet:
The bounty manager handed over the final spreadsheet to us. Now, some members of our team will re-audit the spreadsheet. So, you may see some changes on the final version of the spreadsheet that we will release.  It will be released in the next 2weeks, before the lockup period.

We thank all of you and the bounty manager for helping us on promoting our project.

Guy Oren
Poolz CEO"

500 000 $ - Exactly so they deceived us!

Yes, I understand that we have to wait, and I wrote already that we are waiting for new news, just depending on how long to wait, you would like to receive for your work once every half a year as much as a month will not even be enough, from some side it can be counted as a fraud

You make it sound like the team isn't going to pay, you will be paid but you just have to wait. The project seems to be a good one, they released an announcement to pay in time. You can just take it like you hold the tokens for 6 months.  It feels like you are cheated but just how it is. I recently joined the channel which I read there that the team will announce another term, maybe a change of dates.

They said that when the campaign was going on, the tokens weren't yet created. Now, the tokens has to be unlocked first before they can distribute. I'm sure how true the information is given there in the telegram but one thing is sure, waiting is your option.

What are the benefits for investors if hunters will get their tokens in full amount? The only 1 I can see - hunters starts, as usually, to sell rewards immediately, and there are two ways. 1) if price goes down, investors could buy cheap tokens 2)if price goes up, investors could sell their tokens (they will get huge profit, as they get bonuses for early buyers). What project gets ? Reputation of assets being dumped.


Then what it the solution for situation when hunters being screwed? Escrowing is not always a solution, weekly/monthly payments - perhaps, but they will complain for numerous transaction fees, paying in btc/etc - not many projects can afford that.

This all looks like Mexican standoff between "hunters, who wants to earn" - "investor, who wants to earn" - "project, who wants to earn", with only two possible winner

it's just surprising, small companies that collect little and do not have such success, spend on commissions of 5 000 USD, but pay hunters, and here a large company with good trading volumes, and do not want to pay, if the project is worthy, and I consider poolz worthy, then many hunters will not immediately sell, and secondly the price will recover.

And the manager simply does not need to believe the team in the future if they really say that payments will be made in 2 weeks, you still need to clarify this point, that payments may be delayed ... In general, the bounty manager does its job well, there are some shortcomings, but I think it will fix them in the future

about investors was a good idea, it would be good for investors to unite with the hunters to support them, perhaps this topic will be read by investors and will be able to also contribute to the support of hunters.(but this is only a dream already ) at the present time, many people only think about their profits)

Bounty manager is probably just using the info he got from the team, he is probably not making distribution plans by himself. What you as a bounty hunter should do is not join bounty campaign of a manager that you think is doing a bad job. In reality, majority of bounty hunters will forget about all the issues immediately when they see a new bounty campaign by a same manager.


If that's how they perceived bounty hunters solely as  token dumpers, then they shouldn't even have bounty campaign, or eventually set realistic bounty pool. According to current POOLZ price, bounty pool is worth more than 300,000 USD (25,000 POOLZ) so of course they decided to screw bounty hunters knowing that they won't face any repercussions because of it.



By the time they are supposed to finish distributing bounty tokens, Poolz a a project won't probably even exist anymore.



That's exactly the reason why bounty hunter get screwed over and over again. They are ready to join just about any bounty campaign that appears, waiting for months or even years to get tokens, and in the end getting peanuts after team is done with the dumping.

---

They say that definition of insanity is "doing the same thing over and over again and expecting different results",  and that pretty much sums up bounty campaigns. How many times bounty hunters have to get screwed to learn the lesson?

I agree that this is wrong, but what bounty hunters could do except just wait, ignore the project or ignore new bounties from BM (which will be very hard to do or it will be useless, as there are always hunters who wish to join).

I remember back in 2018 few bounty cases, where hunters made a complainant topic on bitcointalk and spread information about not receiving rewards. All of them ended with no positive results. Two cases stuck in my memory actually. In first, team promised to distribute rewards in one month and return bounty pool to original amount. After one has passed, nothing happened, new accusation topic was made, but had no result. Second case - hunters managed to contact project CEO and major investors and told that they are scammed - in result investors pushed on the team and force them to skip bounty reward distribution, because "this would impact on price and they would lose money"...

this is wrong. plus, such a payout model was not announced at the very beginning of the campaign. All bounty hunters are deceived right now, this token can worth $1000 but what does that mean, if they don't have it. Who knows what will happen after 2.5 yrs. Maybe they want to sell all earned Poolz and convert it to Bitcoin. Probably they will have more after that period.
They need to pay what they promise if it's a really good project, then it will not ruin their price.

There is always a "7. The bounty manager and the project team reserve the right to make changes to the conditions at any time." rule (loophole) in every bounty campaign is bounty hunters should get used to terms being ignored, new rules added and etc. It is always sad when such things happens, but that bounty hunters fate.

I have participated in this bounty and I hope I will get my rewards automatically. Hope that I dont have to remember about it and claim reward every half a year.

My suggestion is to relax and wait. Think of it from the bright side - if you would sell everything now, but POOLZ token price continued to grow, you would feel even worse than "be deceived".

P.S. Hero/Legendary signature participants are in even worse situation. With token price $12.80 and their 352 token reward, I feel really bad for them.

They did not have time to enter the market, but they had already managed to throw shit on those who worked for them and promoted their project.
What will happen in half a year, year? Nothing will happen, they will withdraw the money, and the project will go to the bottom.

Yes, this is not the first company that throws us, it's just much more offensive when it's done by really working companies, not scammers... And I created a topic so that people know what actions this company is capable of... There was an announcement from the CEO, wrote what they think about the revision of the payment schedule, let's see what they decide

You write that it is not your first year in the bounty, but you still continue to wonder at the deceptions that exist there. The question arises: "How did you want?" Do you have any examples when such projects were seriously punished? As far as I know, participation in bounty companies is an agreement that at any moment you can be deceived, not paid, and so on.
OP, why have you stayed true to this occupation for so many years? Does it make you good money?

In any case, I am very sorry for you.

Is there anything that you can do pursue actions against this company, they wasted your time is a valid reason for you to do something. Bounties have been a rare thing these days because of them ended being a shitcoin. The Telegram message is as generically evil as it can get and that is by playing with your emotions, of the things that I see in the message they praise your work, they say thanks to you because they got what they want which made some of you feel part of the team, they make you anticipate by telling that the prices multiplied, and suddenly pulling down the rug on you by telling the people that they do not have a token at hand, this is the most scummy corporate thing that I have seen in a while.

This means that while doing the campaign, there were still no tokens available, right? If it is then that could have been a red flag because there is only air when they promised the bounty hunters a reward.

I certainly apologize, but this is not her first bounty company, and not the first such case, and not the first day on the forum if you look at the rank, and I have to teach how to run a company ? I also noticed that there are problems with content verification, I offered my services in the help for content verification, as I have experience in this field, but I also ignored it, did not respond at all, and at the same time there are still people in the team.... I doubt that they do not know about such things, but they still write that the payments are immediately through ... time

Depositing tokens can't be done, because when running the bounty of the company, the token has not yet been minted, the release token was after the bounty company, and already knowing that was conducted by bounty, the company has not reserved tokens for this, ie it was already pre-planned to outwit the hunters

OP, do you ever talked with bounty manager about this problem? I see on his profile page, he says "Need professional bounty manager? Hit me" but this does not seem to me to be professional campaign management. he had to use some escrow and hold the tokens intended to bounty participants. You need to point them to this thread.
it is understandable that they want to protect the token value, bounty hunters usually sell tokens immediately and ruin his price, but waiting for 2.5 years for bounty rewards it is unacceptable.

the fact that the Manager in this estuarie can not do anything, this I understand, but it can directly branch to write what will probably be the payment split or after a while, what the payments will be 2 weeks after TGE? is this also the team's fault ? these statements already mislead hunters, in the hope that it will how to write a Manager, I have met companies that once wrote in the thread that payments will be paid in 18 months, and still people were involved, but knowing about the payments and, without anyone who did not suit, they soon missed the topic by

Yep, I agree, waiting for two and a half years to  get all of your bounty tokens is ridiculously long and it should have been mentioned right from the beginning of the bounty campaign but they are perfectly aware of the fact that many probably wouldn't even bother to join. But that's a life of a bounty hunter hunter I guess..


To be honest, I don't think that bounty managers can do much in these situation since they don't have bounty tokens or any escrowed funds. They have no way to leverage the project to pay bounty hunters. What you as bounty hunter can do is to avoid managers where this kind of thing happens more often than not and that's about it.

In your opinion, the price of the token is an indicator to pay 2.5 years? A little strange situation turns out, we have to promote them, try to attract investors to buy a token, and when the token really gains popularity, we do not immediately get what we earned, it turns out that we are to blame for this? We, too, have made an effort in their current popularity and value, and we now suffer for it

Spare the BM, its not his fault that the team decides to do this. But six months for 20% only and another six months for 20% until 100% is distributed?

The bounty hunters could just give up and not claimed it if it took that long.  I look at the price https://www.coingecko.com/en/coins/poolz-finance and it looks like they do have a valid reason.  Thats a huge amount considering they are to distribute 25,000 POOLZ.

I'm confused POOLZ or POZ?  The bounty thread is indicated its ticker is POZ, maybe they can give the POZ right now but not the POOLZ.  

BM says that he tried to solve the problem, but at the same time she would like postponing the final table as they could, nonetheless, closed the bounty group, the fact that she tried to solve the problem, I believe only after it will throw off a screenshot of the correspondence where he tried to do it, as this is not the first company which acted last her company did like follows https://bitcointalksearch.org/topic/dego-the-hunters-were-deceived-5285048

The same situation was a little earlier with the company DEGO. And the manager is the same. More details can be found here: https://bitcointalksearch.org/topic/dego-the-hunters-were-deceived-5285048

Now we must show our persistence. Many of my friends have participated in this project. They are very angry. The team deceived them. The manager deceived them. How do we deal with this?


It's time to create an app from the hunters called Red Trust. If they deceive people, then they will throw investors too.


dakdao reputation? They chose an investment project that threw people away.

I'm not the first day in bounty, and saw the division of the distribution, But this distribution I see for the first time, and still brazenly declaring that we generally reserve the token was not there, and 1 time in half a year to just 20 %, not knowing what will happen with the token even after a month

Pretty much standard practice, as seen so many times before:

• Start bounty campaign with inflated bounty pool in order to attract as many bounty hunters as possible
• Set the exact distribution date so bounty hunters have something to look forward to
• When you see that your token is performing well, screw the bounty hunters any way you can-delay the distribution, lower the bounty pool, be more strict etc. The only limit is your imagination
• Once token is worthless, start bounty distribution.

I am sorry that you guys got screwed, but until bounty hunters start joining only bounty campaigns that have escrowed  bounty pool, this will keep happening. Problem is, chances of that happening are slim to none.

it is especially disappointing that at the beginning of the company, the tokens were not minted yet, the issue of tokens was after the bounty of the company, the company made a reserve for sales, and the bounty company was not, so they immediately planned to deceive the hunters!

Hello everyone. On October 7, the bounty company POOLZ was launched and in the branch itself from the very beginning it was written that payments will be made in 2 weeks after TGE, so the moment of the end of the bounty has come. Not only that Final spreadsheets was ready after 2 months, but also that the team changed the terms of payment, and as we can see in the screenshot below, the oin from the very beginning did not reserve tokens for the bounty company, and for this they stretch payments for 2.5 years at 20%, it turns out that they had tokens for sales, and as they have to pay hunters, so again some problems, I think this is a rude and cruel deception towards hunters, at the peak of their popularity, they do not want to pay as expected, what they themselves promised, all questions in the telegram group are deleted, and users are blocked ! I believe that it equals a full stepet to scams ! and I hope that maybe there will be people who can influence the team !

Bounty link - https://bitcointalksearch.org/topic/--5280470
BM - https://bitcointalksearch.org/user/fatemablabla-1110071