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Topic: BOUNTY PAYMENT MATTERS - page 17. (Read 1934 times)

sr. member
Activity: 1344
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March 03, 2020, 05:59:36 AM
#53
only good campaign and bonafide that will disposed to use escrow. they have their own fund to promote their project and didnt depend on tokensale result. so they will continue the project although didnt even reach softcap. but usually this kind of campaign only provide small allocation cause the want price stable in market.
sr. member
Activity: 994
Merit: 257
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March 03, 2020, 04:48:56 AM
#52
You have a good point but at the same time if every projects start paying before bounty it still doesn't stop the fact that those coins can be worthless or scam, you can get paid of a token or coin that won't be useful for anyone,

Secondly the moderators on this forum have enough jobs on their hands, that won't be a easy task for those who look after this forum, moderators are humans like us and not super humans
I think it would be great and in fact the mods could also gain some extra money from it,
If they act as an escrow they would surely be paid,
And about the scam or worthless rewards I think it would be great if the escrow would also hold some funds for the bounty participants.
Let's say their promise fund is $100K for the bounty then the escrow would hold 50% before the bounty even starts and the participants could choose to be paid with any crypto that they like.
member
Activity: 490
Merit: 10
March 03, 2020, 04:44:09 AM
#51
Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW.
The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.

the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
Have pity on the moderators, do you even now how hard it is to run this forum you are on right now? It's not easy mate and to even conduct a bounty campaign as a bounty manager is extremely stressful, moderators can't do this all, they are humans like us too
member
Activity: 616
Merit: 16
March 03, 2020, 04:10:19 AM
#50
The duty of hunters is to present a project to potential investors. the niche to harness a project and make it an marketable is such a huge talent. for hunters to strive and market a product takes time and dedication to convince individuals to invest their money into it. it is right to say that it is disheartening that at the end, owners regards hunters as worthless and valueless people. it raises to the point that the real owners of the project may not pay the physical staffs in the office working for these owners whenever the budget is low.
hero member
Activity: 2128
Merit: 520
March 03, 2020, 04:08:55 AM
#49
Escrow is what many wants but not going to happen, there are still trust issues between developers/team and bounty managers, only very few new projects trust bounty managers with their tokens
The suggestion in good faith will helps the bounty hunters to make sure that the team will pay them after the period of promotions has been done.
Most of those new projects that keep popping around are not dealing with any escrow and simply runaway or do some escape alibis not to pay
the right amount or not to pay at all.
This kind of process can give small assurance to people who are engage with bounty huntings,.
member
Activity: 700
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March 03, 2020, 04:02:28 AM
#48
Escrow is what many wants but not going to happen, there are still trust issues between developers/team and bounty managers, only very few new projects trust bounty managers with their tokens
hero member
Activity: 1932
Merit: 506
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March 03, 2020, 04:00:07 AM
#47
Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW.
The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.

the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
Crypto society is a free society where everyone is not limited to do whatever they likes whether they are a genuine project owner or just a shit scammers. But your suggestion is not a bad idea for the forum moderators to consider in the future but it will take a time and effort for the individuals to do the job.

But if the forum will assign this task to the bounty managers before they launch any campaign then it will be good. I already saw some of the bounty managers are doing it like they escrow the funds of the bounty campaign but there are very few of them that are doing this job so if the mods will require this then we can lessen the chances that the bounty hunters will not be paid for their work.
hero member
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March 03, 2020, 03:58:08 AM
#46
That's already the job of an escrow, it's a way to secure the payment if ever the bounty would be successful or not. Escrow will secure that everyone will get paid according to the agreed budget of the developers with the manager.

It's not actually the job of the forum to add such requests and it has been a reminder that the forum doesn't monitor the scams, it's not their job but we as members can help each other to remind and have a say what are these projects.
member
Activity: 756
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March 03, 2020, 03:18:51 AM
#45
Sounds like an escrow plan but not all new projects will abide by this and I won't blame them because not all bounty manager can be trusted either, they can take over the bounty allocation tokens and do  anyhow with the tokens for example share few portion and keep the rest
Yes, currently not all projects use escrow to store their tokens, only a few projects make escrow, except for projects posted on this forum service, all of which have escrow and payments are also on time and payments are also mostly in the form of Bitcoin.

Only a few campaigns use escrow and I think it's a good idea if a campaign uses escrow because bounty hunters think the project is legit. But to see whether the campaign is good or not, I think choosing a long-time bounty manager is one way to determine whether the campaign is good or not.
sr. member
Activity: 1582
Merit: 333
March 03, 2020, 02:43:46 AM
#44
Sounds like an escrow plan but not all new projects will abide by this and I won't blame them because not all bounty manager can be trusted either, they can take over the bounty allocation tokens and do  anyhow with the tokens for example share few portion and keep the rest
Yes, currently not all projects use escrow to store their tokens, only a few projects make escrow, except for projects posted on this forum service, all of which have escrow and payments are also on time and payments are also mostly in the form of Bitcoin.
bounty with fixed rate in bitcoin or ethereum that usually posted in services board must using escrow to attract trust from participant and also forum member. if they dont use escrow usually trusted member will ask the bounty manager or team to do this.
if all campaign could do this rules i am sure risk of scam projects could decrease alot,
sr. member
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March 03, 2020, 02:28:27 AM
#43
Sounds like an escrow plan but not all new projects will abide by this and I won't blame them because not all bounty manager can be trusted either, they can take over the bounty allocation tokens and do  anyhow with the tokens for example share few portion and keep the rest
Yes, currently not all projects use escrow to store their tokens, only a few projects make escrow, except for projects posted on this forum service, all of which have escrow and payments are also on time and payments are also mostly in the form of Bitcoin.
member
Activity: 756
Merit: 14
March 03, 2020, 02:21:18 AM
#42
Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW.
The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.

the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
Sounds like an escrow plan but not all new projects will abide by this and I won't blame them because not all bounty manager can be trusted either, they can take over the bounty allocation tokens and do  anyhow with the tokens for example share few portion and keep the rest
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
March 02, 2020, 11:03:52 PM
#41

Don't promote project that don't have escrow funds or unrealistic goals or ideas like those setting imaginary price for their token that isn't even listed on exchanges or done with their crowdfunding. You can even take it a step further by only promoting project willing to pay you in well established cryptocurrency like bitcoin.

It is better to promote projects that already have reserve funds so that we will get paid for sure and also on time to be honest I prefer campaigns like that compared to having to promote altcoin projects that are not so clear because they have to wait for a new successful fundraising we can but if it fails then we will get a token of no value.
It seems like now it will be included in the trend of BTC paid campaigns because now there are so many campaigns like that.
member
Activity: 868
Merit: 16
March 02, 2020, 10:56:18 PM
#40
Maybe that is a good idea and I there is some manager who have done it by the why. But for me, I hope the bounty campaign will be paid in existing coins especially ethereum. Or they (developer) can pay ethereum if the project is not listed on some exchange and they can pay with their own token which is being promoted by the bounty hunter if the project has been listed on the exchange and can be traded at least on some good exchange like binance or bittrex. With do that, most likely the scam project will never appear, because they must have a fund first before they have intention to promote their project on this forum.
member
Activity: 392
Merit: 11
March 02, 2020, 10:52:40 PM
#39
Well, this is the real truth about bounties in ICO. Sometimes Dev delays the bounty payment for a lot of reasons.
So, using Escrow is a good idea to solve this problem.
hero member
Activity: 1372
Merit: 503
March 02, 2020, 10:42:39 PM
#38
Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW.

Thats the case for btc signature campaign but you cant put that up for altcoin campaign which still just launched their project since their goal is to raise fund. How come they can put up funds for certain campaign which I think is the least priority of every project. Very impossible, but some doing this but dont expect all to follow the same format for it.
hero member
Activity: 3010
Merit: 629
March 02, 2020, 10:30:45 PM
#37
You have a good point but at the same time if every projects start paying before bounty it still doesn't stop the fact that those coins can be worthless or scam, you can get paid of a token or coin that won't be useful for anyone,
Thats true even the team pay the hunters upfront nothing will change if these tokens are just shitcoins in the end. Its another display in our wallet right? Otherwise this is not the case however we know its not easy to determine a legit projects, it would be better if they pay the half of rewards in btc or eth and the rest in their own tokens, thats better but not possible for alts bounties to happen.
full member
Activity: 932
Merit: 100
arcs-chain.com
March 02, 2020, 10:21:38 PM
#36
Only a very few projects accept escrow for bounty campaigns, and most of them are token escrow. Projects are mostly running a bounty campaign before their tokens are created, which in practice is difficult to ensure whether the project will be successful or not, so the majority of the project team will not impersonate. You spend a lot of money to promote.
full member
Activity: 1526
Merit: 111
Pepemo.vip
March 02, 2020, 10:21:18 PM
#35
I think it is difficult to carry out this idea because all the projects on average they are looking for funds to develop the project, how can they pay bounty hunters if they themselves are looking for funds for the project, actually bounty hunters can find payments with bitcoin but the rules are very difficult
I think if handled well, and maintain investor confidence, the prize for bounty hunters is not much. Doesn't every new product need a promotion to introduce to its customers ... so if done professionally, all parties will benefit

full member
Activity: 1750
Merit: 118
March 02, 2020, 09:22:27 PM
#34
It's a good suggestion, however, take note that the forum is not created mainly for bounty hunting. The purpose of this forum is for users to share fresh ideas and new projects related to crypto. Bounties are just additional for those projects who would like to promote their project and those who will join are given free-will to do so aware of the risk of not getting paid or not getting anything from what they are promoting.

I also have been into a lot of projects and have stayed in bounties for several months before, and forum moderators have no total control over developers not paying bounty participants since anyone is free to promote to project without requirements from the forum. It is all up to participants to make their own research to weigh the legitimacy of a project before joining.

its a forum but bounties are still main part of this forum   . bounties help the forum grow and bounties have an impact on the overall crypto economy  and also on the forum reputation  . about the payment matters i agree on what the op have suggested and i think its suggested been here before all the time but i think the owner didnt approve this idea because bounties are still paying with thier own coins  .  the only one that escrows thier payment are sig campaigns that arent totally related to ico   . that is why most users prefer these type of campaign  .
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