Bounty Question - page 13. | Bitcointalksearch.org

Indai24

member

Activity: 448

Merit: 10

So do you want to receive a token from a failed ICO project? What will you do with those tokens that have no value? We should be realistic, we cannot expect all the participating projects to be successful

If the project fails, obviously they won't distribute the token. If they do, I'd rather not accept it if I have an option to do so. I don't want to keep another worthless coin in my wallet. But if they reached their soft cap, and they don't distribute their token, then that's an another story.

ttcsalam

copper member

Activity: 1120

Merit: 2

Quote from: Menerever on September 30, 2018, 09:07:00 PM

Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?

Is the bounty manager will be liable to here even its not in their control that ICO failed?

I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.

You said right. The bounty manager should get the job done by confirming the payment. And it is necessary to take action to understand the situation of the project. I have seen many good projects and the bounty manager killed Hanter's payment. It is not right. Hunts work hard and therefore they should be paid.

MisterLangley

member

Activity: 658

Merit: 10

Projects that fail will be able to invest. Back when the price of ico again was the same it improved, but the manager would be difficult to transfer to the crypto currency which only wanted to return the price that it deserved

rizkyfebrian213xx

member

Activity: 742

Merit: 10

Yes its normal.. each crypto projects/ICO who created bounty for crypto projects/ICO promotion applied that rules on their bounty.. will not paying rewards if ICO didn't reach minimal their soft cap sale and also for investors who invest on that crypto projects/ICO , their funds will returned back to investors.
Also I don't know for bounty manager of that bounty which promoted ICO not success , they got paid or not.
I think its better for search bounty which that crypto projects/ICO already reached soft cap. just my opinion , its for not doing useless promotion next time.

mammoniter

full member

Activity: 574

Merit: 100

Quote from: Menerever on September 30, 2018, 09:07:00 PM

Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?

Is the bounty manager will be liable to here even its not in their control that ICO failed?

I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.

First of all, everything about bounty campaigns are uncertain. For your first question, yes it is normal for the bouny rewards not to be paid when the target is not reached thats why they set a target in the first place and it is stated on their bounty rules. For your second question, I don't think you can blame the bounty manager for the failure of the campaign because like us, he or she is also been hired.

Nalbo

full member

Activity: 874

Merit: 125

Most of them clearly state that they won't be paying to the bounty participants if they don't reach the hard cap.
There's also no sense of paying as the funds of any investors would be returned and the received token would be worth nothing when the project is cancelled.
So, its better to go for a popular project than hunting for large rewards.

Iykecollins

copper member

Activity: 376

Merit: 1

As a bounty hunter, you are at the mercy of the bounty manager and the project team, they may come up with whatever reason not to distribute and you won't hack take anyone to court because there was no signed agreement to it. This is why it is good to choose reputable bounty managers and projects, research is very important.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: ?? on ??

So do you want to receive a token from a failed ICO project? What will you do with those tokens that have no value? We should be realistic, we cannot expect all the participating projects to be successful

In the first place, why would a team release a coin from the failed ICO, that has no value at all, and if that will be traded in a decentralized exchange, it's only to deceive the innocent investors. That's makes the team a scammer as they allowed it to happen when they are in control of it.

Normal rules, when the ICO fail, efforts of bounty hunters will not be compensated, better that way.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: ?? on ??

So do you want to receive a token from a failed ICO project? What will you do with those tokens that have no value? We should be realistic, we cannot expect all the participating projects to be successful

You're right, its useless even you received the rewards because it has no value, it will be an additional shitcoins to your wallet.

To prevent this from happening, then choose a project that is likely to succeed. Its hard to determine but you have to do something to not end up in this kind of situation.

miklesm

member

Activity: 1078

Merit: 10

It is usually stated in the rules of Bounty campaign that the project can change the rules at any time, so technically they can do anything they want. If the project did not raise enough funds for the development, there is no sense to distribute the tokens as they will be useless.

xmonkeyx

member

Activity: 658

Merit: 11

CRYPTO WEB3 NEOBANK

Quote from: Menerever on September 30, 2018, 09:07:00 PM

Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?

Is the bounty manager will be liable to here even its not in their control that ICO failed?

I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.

I don't want to blame the manager if the ICO project fails. Because the manager only works to make threads and serves every problem experienced by the participants regarding the bounty campaign. Because when the ICO project failed and the money was returned to investors it was very normal. For bounty participants, I think it's normal if it's not paid.

dedocry

sr. member

Activity: 756

Merit: 250

Quote from: Menerever on September 30, 2018, 09:07:00 PM

Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?

Is the bounty manager will be liable to here even its not in their control that ICO failed?

I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.

Yes, this is normal, but much worse when the cap is reached and still there are no payments.. unfortunately

zzortyx

member

Activity: 588

Merit: 11

Of course investors risk their money investing in the project. If they don't make a profit, it's bad but not fatal. But investors should have insurance against the total loss of invested money if the project fails. Only in this case the project can be considered honest.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Menerever on September 30, 2018, 09:07:00 PM

Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?

Is the bounty manager will be liable to here even its not in their control that ICO failed?

I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.

Of course, that's normal they do not have funds to start with, they rely on the crowdfunding to push through with their project and what's on their platform, but they must refund their investors if they did not push through with their project.

Stanlo

full member

Activity: 952

Merit: 110

Quote from: r1s2g3 on September 30, 2018, 10:23:31 PM

Quote from: Menerever on September 30, 2018, 09:07:00 PM

Is it normal that projects will not pay bounty rewards because their sales doesnt reached the target?

Is the bounty manager will be liable to here even its not in their control that ICO failed?

I want to joined Soc Med campaign but I read somewhere that some projects really dont pay at end because of ICO failure.

Most of the coins/token are scam, even if they pay you , their token will be worthless. It is very important to read Whitepaper and some due diligence before you do some bounty.Below article will give you some insight in spotting them.
https://bitcointalksearch.org/topic/guidelines-how-to-spot-a-scam-ico-report-effectively-5004397

Gone are those days when you can detect good projects just by reading their whitepapers, some projects end up not even following what they introduced in their whitepapers

Departure

sr. member

Activity: 1204

Merit: 288

Sometimes it even happens that the bounty is paid, but unfortunately these tokens do not appear on the exchanges and they are unrealistic to sell; they simply in your wallet and at times you can just look at this tokens and remember participation.

Delilonia1

member

Activity: 463

Merit: 11

It is not likely that a project that does not reach soft cap will pay. The best thing that can happen is for all invested money by participants to be refunded. But if all these money has been invested into marketing and some other stuffs, it becomes extremely difficult to get refunded. So what now happens. The crypto space is all all about hope. Hoping that things will turn out as planned and not the other way round. That a project one invests in will actually reach soft cap so one can be paid.

Any project that does not reach soft cap and refunds investors money will not be considered as a scam project. If the project does not reach soft cap and still wants to pay investors, the owner of the project will definitely run into a very great loss. So, let's keep the faith that things will always turn out fine. It's all about having hope.

Prettygirl01315

sr. member

Activity: 630

Merit: 250

Yes that is correct there's so many projects that fail so hard because of the ICO is not reach softcap due to the lack of investor that's why those bounty participants are affected too its not our fault why we join the bounty there's a lot of disclaimer there that join at your own risk

Samboo

member

Activity: 434

Merit: 10

www.thegeomadao.com

Yes it is true. In many cases, projects you have worked for as bounty hunters will not pay if it fails. Some of honest projects refund their investors while other fake ones even do not bother to refund. In some cases, projects give bounty hunters their reward tokens even they fail to succeed. But what can bounty hunters do with such worthless tokens?

Aldrinx00

member

Activity: 882

Merit: 13

I think it's normal if the project doesn't reach their soft cap target it means they will not be able to develop the project and it's a useless token even if they pay the bounty hunters. Well there's also some projects who are able to reach their hardcap but still scammed their bounty participants and didn't even bother to pay like tokenpay.

Topic: Bounty Question - page 13. (Read 12619 times)