Topic: ★ BQT & IOU - Bounty reward distribution issue has been solved ★ - page 3. (Read 1738 times)

Can we say that this thread is only reason why they start to fix this situation, and in case that no one is asks questions, bounty participants would not be paid? I am fairly convinced that this would be the case, just because this is a common situation when it comes to bounties. So proof for possible scam is in that BQT&IOU ignored this problem, and when you say "I believe is not their fault.", who do you blame for all these months of delay?

My personal interest in this is that participants get pay, just because I promote BQT&IOU in signature campaign, and it is not good feeling to know some people may get scammed in this project.

they didn't told me any exact date. so I don't know how soon they'll pay. they are working on that by themselves. and no. I'll not give any kind of assurance. I can't even if I want.  that (giving assurance) was never part of my bounty management work. it was very clear that joining bounty programs of these IEO/ICO projects involves risks. everyone accepted that.

Also coinall was trading as low as 0.04c already on 15/7/19 according to their statistics.(I think that was the first day listed)
https://www.coinall.com/market?product=bqtx_usdt

You could be right, but looking at ethplorer there was definitely some volume activity prior to August 1st. (i tend to not trust any website on their volume stat accuracy for that matter).
https://ethplorer.io/address/0x9d8be94d0612170ce533ac4d7b43cc3cd91e5a1a

Since you are in contact with BQT, would it possible for them to provide btc/eth addys for their sold tokens? According to ICOBench they have sold tokens worth of ~$37,000,000 (BQTX=1.0800 USD). Hopefully, it's not 98% sold for fiat in private sales? haha 
I'm asking because in last years bear market most projects had trouble raising any kind of money. That $37mil somehow stands out...is it not?

I agree with Talkstar opening a thread. It brought it to their attention.

I disagree that it is a scam by BQT or IOU.  There are other projects that were affected by the same bounty manager that are far longer overdue but nobody is accusing them of scamming.

Definition of a scam is a dishonest scheme or fraud. There is no proof that there was any intent of dishonesty or fraud by BQT.

If I accused all my customers that were late paying my invoices of being scammers it is likely that I wouldn't be in business for long.

While I believe it is up to BQT to sort out - which they are doing. I am sympathetic towards the reason for the delay - which I believe is not their fault.


Not correct. Look closely at the graph. There was no trading volume prior to August 1 on that graph.



If you look at the graph at the bottom it shows volume. There was no volume traded before August 1 so it is likely that the value was based on the issue price based on ETH from the ICO (and fluctuating based on ETH price) or on very low volume  - not real trading price.

So you think Talkstar is open this thread with no real grounds, and that he is "unfairly targeting" BQT&IOU for not paying bounty participants x or xx months after the promised deadline? I think it's wrong to set things up in a way "They all do same things", so why BQT should be different.


You say few $, but only one user is calculated they own him $444 at posting time (August 8.)


Total amount of tokens in both bounty is 1 million tokens, so we are not talking about few $, but depending of tokens price much more money then that. Price of both token is go down, and BQT is from ATH $1.74 (May 20, 2019) now at only $0.08. So by "forgeting" to pay participants in time, they will maybe give them tokens that are much less valuable.

For example tvplus006 tokens BQTX 2536.8 x $0.08 = $202 / IOUX 420 x $0.23 = $96 - in total $298

That is not true about BQT. Bounty payment was due 40 days after the ICO finished according to the bounty. This was a promise made by Zapo but left for others to sort out.  ICO finished earlier this year.

Atriz /Zapo is no longer involved in the current process.  Someone else has already been tasked with completing the audit which hadn't been done but is part of a bounty managers task. Other projects have voiced the difficulties of such task when it is not completed by the bounty manager.

I think this project is unfairly targeted for a payment that is overdue at the most for 3 or so months while other projects in the same situation but overdue for more than a year have not been complained about in the same way.

Such inconsistencies tend to happen regularly. I think people tend to get overzealous in calling others "scammers". Especially if they do not have active representation on bitcointalk.

I believe that Theymos has a symilar opinion when he said:
https://bitcointalksearch.org/topic/m.50888622

Both myself and Talkstar have been in contact with BQT. With a previous allegation against them they provided all the information and did exactly what they said they would - leaving the previous allegation without foundation. They ran a successful ICO raising millions. Spent millions on building their project and paid their signature campaign participants. I see no reason why they would "scam" their bounty participants for a few  dollars worth of tokens which they set aside for the bounty at the start of the project.

Patience is really the key for the participants when it comes to delayed payments but we are talking about almost a year of promise that a payment will happen "soon" and I don't think it's good enough to see that after 11 months of waiting you will only receive an update that they are "working on it" without really going into detail whatsoever. I'll give a thumbs up that aTriz have updated the current situation but if that "soon" didn't happen at all then it is really all for nothing.

I would request every participants to keep patience about their bounty payment. I am trying my best to find a proper solution as soon as possible. Getting delay payments is much better than getting nothing IMO.

OP is linked both (BQT&IOU) bounty threads and post notice in them, but since it's been 11 months that participants should be paid, it is obvious that most have completely forgotten on this. I don't think it's realistic to ask for an exact date for payment, it is essential that the whole thing started to move in the right direction.

Can you give an exact date or a projected date on how “soon” it will be so that the bountry participants may have a time table on when they can expect to receive their payments? I think when the 11 months have lapsed after the ICO listing you should at least give the unpaid bounty participants some kind of assurance on the promised payment and not only tell them that they will receive it “soon”, because saying it vaguely like that won't really give them a peace of mind.

I did discussed with Eddie M (the Edward) regarding the payments. they are working on it. and soon they'll pay bounties.

I've had extensive conversations with the BTQ team. Their focus is on resolving the issue rather than finger pointing and laying blame.

Personally I like that approach - as it is focused on what everyone ultimately wants (getting paid) rather than on something that has already happened.

They have been updating me regularly - which parts of which I post on here.


I have seen screenshots of the recent conversation with atriz.


They have someone that was tasked with the bounty audit and I have seen the spreadsheet. I have offered to post communication on their behalf on this thread (I'm waiting for their official response to post on here).

So based on your statement BQT/IOU is positive with bounty stake, falt goes to bounty manager who is acting like irresponsible manager lately. And obviously I trust you personally and your judgment as well. However, I have talked with aTriz and I don't think he have contact with team lately. Since spreadsheet is open for everyone team could distribute themselves or they might hire someone (even you) to distribute bounty stake. So let's wait and see what response come out from manager ?

I brought it to their attention when I saw this thread so - yes - the thread has been a positive influence in getting some action. I'm unsure what was done about it prior to this but there certainly has been action on it since. BQT have been quite forthcoming with information to me so I am confident that it will soon be resolved. None of the BQT team that I spoke to is familiar with bitcointalk so they left that task to a professional bounty manager that had been recommended to them.

From reading the Gunbot thread it appears the Gunbot bounty was payable in May 2018 ? which was run by atriz and is only just getting sorted now.(September 2018)

It appears their issues were very similar.

.

It seems that campaign manager is guilty in this case, he lost some accounts related to the bounty, so it is possible that he did not even send any data to BQT & IOU, and they just ignore bounty participants part of the story.

From atriz / zapo "what should I say there?", to helping BQT team to sort out the bounty audit.

They both reacted just because this thread is open, otherwise no one would ever get 1 cent from this bounty.

https://bitcointalksearch.org/topic/m.51197190
https://bitcointalksearch.org/topic/m.52306449

It appears other atriz / zapo bounties are late paying out too.


EDIT: atriz / zapo has since contacted BQT and is trying to help them sort out the bounty audit.

It appears he has lost access to some of his accounts related to the bounty.

I've been communicating with Edward who is the BQT CEO and who is working hard with a BQT team member tasked with resolving the issue.

Inappropriate answer or not, aTriz job is done and it is up to the BQT and IOU team to do theirs.
tvplus006, who is a participant in that bounty, also agrees.

aTriz replied today to me, but I don't think he is serious about that matter.


I don't think this is appropriate answers and I am not feeling happy with that answer.

I visit BQT thread, and post about how participants of their bounty did not get pay for they work, but no reply on that post. They just continue to post nonsense posts which just proves that these are paid accounts. Maybe teams reacted on this thread, and that is only show they use suspicious methods for the purpose of promotion.