Topic: Cryptos scam, unpaid - protection for hunters. - page 3. (Read 470 times)
Almost all people have same answer, about not get paid or paid less than what is promised, escrow is the key. About bounty managers, we know they wouldn't give their reputation on risk only for picking any project without filtering it. I think bounty managers already did their best too but sometimes it developer's team who really change what already they said in bounty thread.
maybe by escrowing the token or allocating the total payment that will be given when the promotion is over, but only a few project / managers are doing that for now, and the ratio is arguably 90/10% for those who don't escrow.
but still without escrow people are still determined to join in and do the work, because they need money and don't have time to think about the risk.
escrow for unlisted tokens is just as ridiculous. except for projects that are already on the exchange, escrow will be very helpful. Honestly, no one can help bounty hunters with this problem. it all depends on the bounty manager and the bounty hunter itself. because everyone already knows the risks. but still without escrow people are still determined to join in and do the work, because they need money and don't have time to think about the risk.
maybe by escrowing the token or allocating the total payment that will be given when the promotion is over, but only a few project / managers are doing that for now, and the ratio is arguably 90/10% for those who don't escrow.
but still without escrow people are still determined to join in and do the work, because they need money and don't have time to think about the risk.
but still without escrow people are still determined to join in and do the work, because they need money and don't have time to think about the risk.
It is true sometimes there are scam campaign, some are legit but on along the way it does not succeed, some are not doing they best to make it last, and so the hunters are the one who is victimized by these. that why we need to find some campaign not only legit but also will push through with the project and explain clearly the situation and paid their hunters fairly so that in the end if they will have another project they will be trusted
1. Escrow the bounty funds and make sure it's managed by trusted managers.
2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.
Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.
This is a best solution and its already happening on BTC paid campaign but with regards to altcoin bounties, there's still no guarantee even if its have an escrow especially if the escrow fund is also the token itself. Since most of the bounties are new project, most of them have no funds yet to escrow the campaign but they still able to work with some managers because they come into an agreement for sure. If in doubt, don't participate scam projects are the risk for bounty hunters you should also anticipate this one. 2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.
Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.
How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?
Can't argue with some of it but they are right. Dont just join a random project hence pick an escrowed one or yet at least a reputable manager for altcoins. Cause surely no one will not received payment on btc signature campaign as mostly are handled by good managers. Its only on the case of altcoin where some who did campaign delay or doesn't pay the hunters even though the project is already running and trading stage. I am an altcoin bounty hunters before SO I knew how it feels to not get paid from a a campaign you did for so long. 
Nothing can be done about them. The investors of the project couldn't do anything as well when their money is already sent to them. They couldn't even cry about it especially if they submitted KYC.
What you can do is not join the campaign that is obviously a scam. There are only a few of them that are legit and it's hard to identify. ITs best to just join the BTC paying campaigns.
We all know we are in crypto. We join for our own risk. We search and try to find out the best and most potential project promoted by trusted managers. However some project turned into scam and some may not pay the participants due to underestimating the hunters promotion with low traffic.
From the past and recent issues with regards to scam projects and unpaid balance for hunters.
How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?
Yes, it sounds impossible but let us just try to discuss this matter.
From the past and recent issues with regards to scam projects and unpaid balance for hunters.
How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?
Yes, it sounds impossible but let us just try to discuss this matter.
This issue is mostly on ICO or project that launch crowdfunding there really risks here, risk of the failure of the project and risk of not getting paid, the best way is to only participate on a bounty that pays weekly directly in your wallet, bounty where the coin is already in the market, bounty where the token is escrowed by a reputable manager, we are all susceptible to scam project and it's something that we should analyze before joining one campaign.
Or join a bounty or project in which the token is already listed on an exchange.
I agree with the ecrow, but majority of the project didn't want this so it's really a big risk joining bounties, even during the peak in 2017, there are a lot who exit scam and there's no protection for bounty hunters. Even experience bounty managers are victimize by this scammers. So it's a gamble, if you get lucky, then you will be rewarded for your efforts, but most of the time, majority of hunters are not. And their effort are put to naught.
I agree with the ecrow, but majority of the project didn't want this so it's really a big risk joining bounties, even during the peak in 2017, there are a lot who exit scam and there's no protection for bounty hunters. Even experience bounty managers are victimize by this scammers. So it's a gamble, if you get lucky, then you will be rewarded for your efforts, but most of the time, majority of hunters are not. And their effort are put to naught.
How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?
This can be done only through escrow but the question is whether the developer wanna escrowing the reward or not. So many developers didn't lose control over the fund for the bounty. The multi signature wallet can also be a solution for this problem but i think escrow must become a new standard in managing the bounty.
That's why joining in bounty it just like a high risk decision. Sometimes you won't get pair for your effort.
1. Escrow the bounty funds and make sure it's managed by trusted managers.
2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.
Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.
These are probably the best remedies to make sure that bounty hunters will be paid for their work but it will not guarantee if the project is a real deal. Bounty hunting is dying, scammers only flock this forum for free promotions. I used to joined a lot of bounties before during when the payment was really good until it became worse. There should be a reform in this, to stop abusers. 2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.
Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.
You are right mate, there are many projects which have not paid us for our work to promote their project. Some projects always delay the Distribution and at the last time they refuse to pay reward. There can be two solution first bounty managers should escrow tokens before starting their bounty and second team should distribute tokens weekly.
There were a lot of good bounty campaigns way back as well as scam campaigns. When choosing a certain campaign to join in, if is your sole responsibility as a bounty hunter to make sure that everyone in the team of the campaign you are joining are proven and tested to be worth working for. If ever you encounter one that is a scam due to your carelessness, unfortunately you cannot sue them as most of them are anonymous. So to avoid such instances, find those trusted moderaters or campaign managers and get a spot on their campaign specially if it looks like it will be successful soon.
1. Escrow the bounty funds and make sure it's managed by trusted managers.
2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.
Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.
2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.
Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.
We all know we are in crypto. We join for our own risk. We search and try to find out the best and most potential project promoted by trusted managers. However some project turned into scam and some may not pay the participants due to underestimating the hunters promotion with low traffic.
From the past and recent issues with regards to scam projects and unpaid balance for hunters.
How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?
Yes, it sounds impossible but let us just try to discuss this matter.
From the past and recent issues with regards to scam projects and unpaid balance for hunters.
How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?
Yes, it sounds impossible but let us just try to discuss this matter.
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