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Topic: DEGO - The hunters were deceived. (Read 780 times)

legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
January 27, 2021, 09:01:55 AM
#44
The situation repeated itself. This time with the POOLZ company https://bitcointalk.org/index.php?topic=5312242.new#new

~~ While with POOLZ nothing is unclear. Distribution decision is not final and no one has received anything yet. POOLZ bounty participants are in much worse situation, in situation of being unclear and instability.

So I think it's too long if the distribution of 20% per 6 months for the POOLZ bounty team has changed the rules at the end of the campaign so many are disappointed it is obvious the hunters will have to wait years to enjoy the perfect result.
I think the team why for this reason because they want to keep the price stable in the market so they decide something like this, but obviously this is not fair at all for me the team has to fix this problem because the hunters also want their reward that is worth it.
legendary
Activity: 2296
Merit: 1176
January 27, 2021, 04:53:03 AM
#43
The situation repeated itself. This time with the POOLZ company https://bitcointalk.org/index.php?topic=5312242.new#new

Actually it is not. DEGO bounty campaign participants could withdraw and already withdrawing their rewards. Few weeks are left till they get access to full amount. While with POOLZ nothing is unclear. Distribution decision is not final and no one has received anything yet. POOLZ bounty participants are in much worse situation, in situation of being unclear and instability.
member
Activity: 728
Merit: 24
January 25, 2021, 03:51:13 PM
#42
The situation repeated itself. This time with the POOLZ company https://bitcointalk.org/index.php?topic=5312242.new#new
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
November 14, 2020, 07:50:31 AM
#41
What happened? The dego team changed the payment terms for a 100-day smart contract on the last day. Also, payments will not be made directly to the hunters ' wallet, but through the team's platform. gas fee fully fall on the hunters. And if you take into account the cost of the gas fee, many hunters will not get anything.

Bounty topic:
https://bitcointalksearch.org/topic/bountydegofinance-defi-with-sustainability-100000-dego-tokenclosed-5272474

Website:
https://dego.finance/home

Manager:
https://bitcointalksearch.org/user/fatemablabla-1110071
https://t.me/fatemabounty

Message from Dego team: https://t.me/fatemabounty/12004
Quote
Dear DEGO bounty hunters,

First, we will 100% distribute 100K DEGO to the bounty hunters who participating in DEGO tasks.

After many considerations, the DEGO core team made the following processing for the bounty distribution.

1) Once counting all the data, we will enter all the addresses into the contract, and hunters can claim at any time.

2) Each address will get 20% initially, and the rest will be distributed in 100 days, and 0.8% every day.

The smart contract will be created before 10th November. At that time, you will see the Bounty icon on the website. Once the wallet address is connected to the website, you will see the token to be claimed.

We apologize for the delay and hope you can understand our situation. We want to keep the price stable, and you also can sell it at a high price. Thanks.

*If you want to update your address for using the wallet, please connect the bounty manager.(Rule 7 on Bounty thread)

**The bounty manager and the project team reserve the right to make changes to the conditions at any time.

Mate this is nothing new. I have already encountered some bounties before that they will have series of locking periods for distributing rewards. Like for instance, a project will lock the tokens for 6 months, and then distribute 20% every month until it's 100% on the last month. I didn't even made it on time for my DEGO video submission despite spending almost a day creating an entertaining video about them, so I'm not qualified for the rewards and I respect their decision. It's all about agreeing that we should submit it before the deadline, and not hoping for reconsiderations to make it fair for those who submitted early.
member
Activity: 728
Merit: 24
November 12, 2020, 10:10:44 PM
#40
In fairness, it should be noted that DEGO still paid 20% of the total amount. We can only hope that the price will not go down in 100 days) Especially worth noting is the Manager Fatima,who made a lot of effort to make this payment happen.
member
Activity: 728
Merit: 24
November 11, 2020, 05:05:23 PM
#39
Update from DEGO Team:

"DEGO bounty token claim will start after 1pm UTC, 12th November. Official statements will release about it from team DEGO."

Let see
full member
Activity: 924
Merit: 220
November 11, 2020, 11:41:38 AM
#38
This is nothing new. before they launch the project. they want to bounty hunter to support their project. and once they are rich in number of investors. they kicked out bounty hunters
You must be careful all the time.not to disclose your private key in their platform. This is consider as a scam using the site to phished out important details of your wallet and if it has funds on it then definitely you will going to lose all your funds. There are many phishing sites too so being careful should not only focus to a single site but to all site as well especially if it will ask for your private key in accessing the wallet you had. Be mindful and cautious always.
member
Activity: 728
Merit: 24
November 11, 2020, 11:31:41 AM
#37
As expected, the hunters did not receive anything yesterday, although they swore that they would pay 20% on November 10. They referred to the tests of smart contracts (three weeks was not enough to test)
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
November 01, 2020, 05:48:25 AM
#36
So, the moral of the story is that no matter how better than the previous system is, if you let humans have any decision-making power in it, it will turn shit in most of the cases?  Grin

unfortunately Is true... we are already seeing this with the appearance of this pandemic. Where the government tells people:

"wear masks, make social distance". But most people ignore this and keep partying, and as a result the number of infested and dead people keeps increasing, but if governments put Lockdown on they'll be complaining. they don't want to put masks, they don't want to respect social distance and they don't want Lockdown either.

same case happens in the cryptocurrency market, they don't want government interference, but they keep saying how other people should spend their money and don't like to comply with a virtual contract and don't like to pay. It is difficult to understand what people want, which is why laws are the only ways to put order in people. With this pandemic I realized that in the end it is impossible to live without laws and use of force by governments because most people do not use the brain and harm the minority of people... Greed, selfishness and dictatorship cause things like decentralization are mirage in the world and in the cryptocurrency market. Until today I usually laugh whenever my country's government is talking about more decentralized government.
legendary
Activity: 1722
Merit: 5937
October 31, 2020, 01:38:29 PM
#35
Probably he meant to say you walk down the street and you see a machine with a sign that says "Yes, this is an ATM", another one that says "Withdraw 100$ and we give you 50$" and while you go around it you see it's 1 cm thin so it has no way to actually store money to give to you...
Then what do you do?  Grin
Since we are asking rhetorical question, here is another one: would you do bounty campaign of just another DeFi shitcoin for a couple of months without knowing exactly how much you gonna get, when will those tokens be distributed, with solid chances of not getting tokens at all, and being previously screwed numerous times in the similar manner? Cheesy


Leaving that alone, I guess the problem mentioned in the OP post is this:
Quote
Also, payments will not be made directly to the hunters ' wallet, but through the team's platform. gas fee fully fall on the hunters. And if you take into account the cost of the gas fee, many hunters will not get anything.
True, that sucks. Since they allegedly migrated from Ethereum to Binance Smart Chain, they could at least give them those tokens as I heard transactions are much cheaper on BSC than they are on the Ethereum.


It would be interesting to see a little math on it but...at this point it's a bit useless, there was never anything bounty hunters could do to force the team to do otherwise, you either chose a project in which the money for your work is escrowed or you gamble...
That bold part is what these altcoin bounty campaigns are, nothing else, so bounty hunters join as many bounty campaigns as possible, not choosing much, and hoping that few of out few dozens will be success. If bounty manager insists on escrow, projects will simply find another bounty manager who won't ask for that, and if by some miracle bounty hunters decide to go on "strike" and not join non-escrow campaigns, there are plenty of those that will see that as an opportunity to join and get even more tokens as majority of them are stake based, or even worse, make alt accounts and join with them. Only possible solution would be if bounty managers/campaigns have to be approved by the forum, but imho there are bigger chances for bounty campaigns to get banned altogether than that to happen.

That quote about insanity generally attributed to Einstein fits well in all this altcoin bounty campaign mess.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
October 31, 2020, 09:01:59 AM
#34
But if we compare that it really sucks, we will see that it is not the banks and the governments because at least in the case of the banks and the governments they have to respect the law, whereas those projects that do not respect the bounty hunters besides not having honor because they do not deliver what they promise, they also break the virtual contract they have with the bounty hunters.

So, the moral of the story is that no matter how better than the previous system is, if you let humans have any decision-making power in it, it will turn shit in most of the cases?  Grin

For me it looks like you walk down the street and see an ATM with the sign "insert your card, enter your pin and get money". Would you do it?
Is there some other way to get money from an ATM other than inserting your card and entering the pin? All ATMs I ever used worked like that.

Probably he meant to say you walk down the street and you see a machine with a sign that says "Yes, this is an ATM", another one that says "Withdraw 100$ and we give you 50$" and while you go around it you see it's 1 cm thin so it has no way to actually store money to give to you...
Then what do you do?  Grin

Leaving that alone, I guess the problem mentioned in the OP post is this:

Quote
Also, payments will not be made directly to the hunters ' wallet, but through the team's platform. gas fee fully fall on the hunters. And if you take into account the cost of the gas fee, many hunters will not get anything.

It would be interesting to see a little math on it but...at this point it's a bit useless, there was never anything bounty hunters could do to force the team to do otherwise, you either chose a project in which the money for your work is escrowed or you gamble...
legendary
Activity: 1722
Merit: 5937
October 31, 2020, 07:24:44 AM
#33
Isnt what you have written is an explanation of yield farming? Speaking about UniSwap - not only you have to connect your wallet, but also transfer your tokens there. I would no mind to connect my wallet to trade. But connect you wallet to accumulate reward and later disconnect it (probably it will work like this) to withdraw it - for me it does not look normal.
Care to explain what's the difference there, connecting your wallet to YFI and some others DeFi and connecting to Dego to claim bounty reward, as from what I know neither ask for your private key (that's an obvious sign of scam if they do). Please explain in layman's terms as I never invested/traded any DeFi tokens and don't plan to, all I really know about it is from what I read.

In the end, if you believe that what Dego is asking from bounty hunters is somehow dangerous (connecting wallet to claim bounty reward) and might make them loose their funds on the wallet, I suggest you open another scam accusation thread, explain the issue and raise the flag.


For me it looks like you walk down the street and see an ATM with the sign "insert your card, enter your pin and get money". Would you do it?
Is there some other way to get money from an ATM other than inserting your card and entering the pin? All ATMs I ever used worked like that.
legendary
Activity: 2296
Merit: 1176
October 31, 2020, 06:47:46 AM
#32
Someone correct me if I'm wrong as I'm not a DeFi expert (that's an understatement actually) but isn't that the way all these DeFi projects work? You have to connect your wallet (people are mostly using Metamask) in order to stake and do other stuff. Same thing with Uniswap, you have to connect your wallet to it in order to trade/swap tokens, provide liquidity etc..

Isnt what you have written is an explanation of yield farming? Speaking about UniSwap - not only you have to connect your wallet, but also transfer your tokens there. I would no mind to connect my wallet to trade. But connect you wallet to accumulate reward and later disconnect it (probably it will work like this) to withdraw it - for me it does not look normal.

For me it looks like you walk down the street and see an ATM with the sign "insert your card, enter your pin and get money". Would you do it?
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
October 31, 2020, 05:56:32 AM
#31
What happened? The dego team changed the payment terms for a 100-day smart contract on the last day. Also, payments will not be made directly to the hunters ' wallet, but through the team's platform. gas fee fully fall on the hunters. And if you take into account the cost of the gas fee, many hunters will not get anything.

The objective of this type of people without any character is precisely to make other people work and when it is time to pay, change the rules so as not to pay what they promise. I wonder if it was in the real world would they do that? I highly doubt it. That is why this market needs regulation because people without character and scammers are taking advantage of the situation to get rich.

I read arguments like: Bounty hunters cannot get paid because they are going to evict and altcoin will fall a lot.

but these same people who speak these kinds of things, they are the same people who talk about decentralization, they criticize the banks, they criticize the governments.

But if we compare that it really sucks, we will see that it is not the banks and the governments because at least in the case of the banks and the governments they have to respect the law, whereas those projects that do not respect the bounty hunters besides not having honor because they do not deliver what they promise, they also break the virtual contract they have with the bounty hunters.

It is shameful keep saying that bounty hunters should not get paid because they are going to evict and the price will fall... who says that is a dictator.



this:

https://dego.finance/home



https://cvault.finance



now it has become fashionable  Grin
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
October 31, 2020, 03:31:56 AM
#30
bounty hunters seem disrespected for their efforts, Bounty Hunter has been working for months and not getting satisfactory results? but that also happened to other projects before DEGO appear

A lot of them actually. Lucky for DEGO hunters because they have the chance to claim their rewards, but other projects, not even a glimpse of their tokens or coins. This is the reason why you should carefully choose the projects that you will promote. Don't be attracted by huge rewards, because the value of it in reality may only be few bucks. Because once listed, the price tend to go down so fast and before you got your share, the price is already at rock bottom. Look for projects that have actual products/services in place already. They have higher chance to maintain their market price.

Sometimes we also find it difficult to choose projects that benefit many projects with products that have been run even though they still have no defense for the future, the price tends to fall because of the lack of enthusiasts in the market so that the token price is lower what is imagined with the allocation that has been mentioned .

It's just that DEGO has to be claimed with gas costs if it is as generous as I think it's reasonable but have to wait some more because the team agreed to the changed rules at the end, yeah this is annoying but they just want to maintain price stability in the market.
legendary
Activity: 2072
Merit: 1315
October 31, 2020, 03:27:09 AM
#29
This is nothing new. before they launch the project. they want to bounty hunter to support their project. and once they are rich in number of investors. they kicked out bounty hunters
Not the first time to change rule when their project suddenly rise up a bit. I remember digitalbits also, chaning their terms and even lowering the payment. The thing here is, if the project have stipulated that their rule can be ammend with no questions asked on their thread thats the thing they could actually do that. However that is something unprofessional move if you did not comply with your own rules.

Oh my, I thought dego is a fine print seems like also been swayed due to their easy gain reputation and fame.
full member
Activity: 1848
Merit: 158
October 31, 2020, 02:09:04 AM
#28
bounty hunters seem disrespected for their efforts, Bounty Hunter has been working for months and not getting satisfactory results? but that also happened to other projects before DEGO appear

A lot of them actually. Lucky for DEGO hunters because they have the chance to claim their rewards, but other projects, not even a glimpse of their tokens or coins. This is the reason why you should carefully choose the projects that you will promote. Don't be attracted by huge rewards, because the value of it in reality may only be few bucks. Because once listed, the price tend to go down so fast and before you got your share, the price is already at rock bottom. Look for projects that have actual products/services in place already. They have higher chance to maintain their market price.
member
Activity: 1834
Merit: 11
October 31, 2020, 01:44:29 AM
#27
I like the part “ Once the wallet address is connected to the website, you will see the token to be claimed.”.

“Connected to website” does not sound safe. Not only bounty hunters are obliged to pay fees, which amount is unknown, but also are under risk of loosing everything that is in the wallet.
Someone correct me if I'm wrong as I'm not a DeFi expert (that's an understatement actually) but isn't that the way all these DeFi projects work? You have to connect your wallet (people are mostly using Metamask) in order to stake and do other stuff. Same thing with Uniswap, you have to connect your wallet to it in order to trade/swap tokens, provide liquidity etc..

Regarding bounty hunters getting screwed, nothing new there. This is how it goes when you accept to work for months for the promise of future payment. At least Dego didn't dump hard and still has some value, unlike some others that delay bounty distribution until team is done with the dumping so bounty hunters end up with worthless shitcoins.

Things won't change until bounty hunters become more picky when choosing bounty campaigns, but we know that won't happen.


what's the difference .. isn't it the same .. hunters have to pay a lot of money to claim the results of the work which is almost equivalent to the token value claimed even though it's their work .. and for the safety of hunters, it is very risky to lose all their belongings.  in their wallets ... what kind of nonsense is this, what's the difference with forcing hunters to become investors and buy their tokens ...
full member
Activity: 842
Merit: 100
October 30, 2020, 09:55:53 PM
#26
bounty hunters seem disrespected for their efforts, Bounty Hunter has been working for months and not getting satisfactory results? but that also happened to other projects before DEGO appear
legendary
Activity: 1722
Merit: 5937
October 30, 2020, 11:39:43 AM
#25
I like the part “ Once the wallet address is connected to the website, you will see the token to be claimed.”.

“Connected to website” does not sound safe. Not only bounty hunters are obliged to pay fees, which amount is unknown, but also are under risk of loosing everything that is in the wallet.
Someone correct me if I'm wrong as I'm not a DeFi expert (that's an understatement actually) but isn't that the way all these DeFi projects work? You have to connect your wallet (people are mostly using Metamask) in order to stake and do other stuff. Same thing with Uniswap, you have to connect your wallet to it in order to trade/swap tokens, provide liquidity etc..

Regarding bounty hunters getting screwed, nothing new there. This is how it goes when you accept to work for months for the promise of future payment. At least Dego didn't dump hard and still has some value, unlike some others that delay bounty distribution until team is done with the dumping so bounty hunters end up with worthless shitcoins.

Things won't change until bounty hunters become more picky when choosing bounty campaigns, but we know that won't happen.
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