Escrow is a must to avoid disappointment - page 10.

Pamadar

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Quote from: nicedreams on July 24, 2020, 09:31:41 AM

But you should know that escrow payment for the bounty program isn't completely safe-proof. If the group in charge of escrow payment has a dubious reputation or easily blows to the project team's demand, you will meet the same fate of no escrow payment.

Things can still happened even there's a escrow service, though the chance of being paid is much higher with escrow especially if it's really a
reputable person. The team will likely be obliged to let the escrow to hold allocated budget.

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If a project can't afford escrow payment, should be at least hire 3rd party bounty managers to make sure bounty payment under good hand when distribute.

That's still not a guarantee, bm only relies with how the developers will distribute the rewards, if the team will runaway there's nothing that bm can do.

ScamViruS

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Quote from: Balladtony77 on July 24, 2020, 06:46:54 AM

It's becoming more harder for new projects team to keep their promises to bounty hunters, some even said bounty hunters are getting free tokens for free, meaning bounty hunters aren't recognized for their work, I suggest all bounty managers to start using ESCROW.

I believe with escrow payment will be guaranteed, team won't be able to go back on their words, bitwings for example, after a complete year of waiting for payment they decide to do another audit on spreadsheet and they falsely accused bounty hunters without any proof.

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

Your suggestion is good, for Bounty Hunters. Because I've seen project teams pretend to pay bounty hunters after the bounty is over. This is a very bad job. If you use Escrow, the team of the project will not be able to do any new drama with the budget after the end of the bounty. But it will not give good results in all cases, because it is often seen that the projects manage the bounty with their own account. When they manage the bounty with their own account. I don't think this escrow system will work then.

Miaallen

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You really have a good suggestion here. It is even annoying the way bounty hunters are treated by some teams and investors nowadays. They believe hunters get free token forgetting that the hunters invested their times to promote the projects while the investors use their monies.

pixie85

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Quote from: Sourhearrt on July 24, 2020, 11:29:41 AM

We all want escrow too but not all project teams will agree to escrow but it's safer for bounty hunters to join escrowed bounty campaigns, new project teams can't be trusted, they behave anyhow with bounty hunters once the campaign is over, this needs to stop

If they don't agree to escrow you don't have to join their campaigns. The more people show they don't support projects that don't try to work for their trust the more project managers will start to care.

I've been telling you people for years to demand escrow and payment in BTC, ETH, or any other already tradeable coin.

XCANA

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Quote from: Samayuki on July 24, 2020, 07:36:17 AM

We are all humans, some will deceive us, some won't keep their promises, some won't show conscience at all, that's why I will always accept this escrow strategy, it's the best way to set things right honestly, I wish all bounty managers will follow this strategy

Sincerely this means good to the bounty hunters and the managers who will embrace this way whenever they are called for project management. Escrow is the best way that bounty hunters will be assure about the project they promote and not working in vain. Hope to see other managers follow suits with the likes of julizer among others. It's time we the hunter unite together and stand for a common goal of all manager embark on escrow.

jessyj48

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Quote from: minairia3 on July 24, 2020, 09:57:58 AM

Quote from: coin-investor on July 24, 2020, 06:51:41 AM

I beg to disagree, Julerz escrowed bounty tokens for bounty hunters and all bounty hunters have received their tokens, some managers are escrowing the bounty token which is good, but if the team is trusted and they show good will it's ok not to do escrow especially if the bounty manager is part of the team, like what Oikos has done.

Only few projects are doing an escrowed for token payment. We are lucky that we have those doing that like Julerz and Bounty Detective, but as you said, as long as the team is trusted no need for escrow.

One example is cartesi by BubbleAlex, he did not escrow the bounty but the team paid their dues to hunter. Sometime it actually depends on the project if its good then no need to worry about it. Unless you are joining a bitcoin sig paid campaign.

How will you know if a team can be reliable? Every one thought that bitwings team are reliable until few days ago when they release another spreadsheet that's different from the final spreadsheet that was released before, escrow is the best

Mulann2

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Quote from: Balladtony77 on July 24, 2020, 06:46:54 AM

It's becoming more harder for new projects team to keep their promises to bounty hunters, some even said bounty hunters are getting free tokens for free, meaning bounty hunters aren't recognized for their work, I suggest all bounty managers to start using ESCROW.

I believe with escrow payment will be guaranteed, team won't be able to go back on their words, bitwings for example, after a complete year of waiting for payment they decide to do another audit on spreadsheet and they falsely accused bounty hunters without any proof.

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

After the stunt the DIA team pulled on hunters, certainly escrow is a must to guarantee team won't just wake one morning and change rules as they see fit, and the annoying part of it is, some hunters are too eager to accept any decisions made by team even if it means they will end up will pennies, hunters also have right to disagree and unite to speak one voice, but unfortunately this is happening and team are doing as they please.

Maxstl007

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The fastest way for a bounty manager to build up his reputation his using escrow, this will safe bounty hunters from not getting paid after bounty is finally over, many project failed to pay bounty hunters most times and there is nothing bounty managers can do

WannaCry

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escrow amount for the bounty rewards is a good thing.. but the negative side is even there is an escrow reward when the project decided to kill that project in dumping their tokens? what is the essence of having a reward when the project prince is 0

AzamNurWahid

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yes I agree if the bounty manager must use escrow because with that bounty hunter is more calm in doing work because the payment is guaranteed, btw is not only the bounty detective who does that. Other BMs have done it now

suryapro

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You are right, I believe all bounty hunters will support bounty managers start using escrows but the only issue now is if all project will agree with this. Another thing is not all bounty program is been managed by a bounty manager, some are been managed directly by the team, this type of bounty won't use escrow aswell.

Sourhearrt

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We all want escrow too but not all project teams will agree to escrow but it's safer for bounty hunters to join escrowed bounty campaigns, new project teams can't be trusted, they behave anyhow with bounty hunters once the campaign is over, this needs to stop

batang_bitcoin

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You can demand that to a bounty manager before joining but if they can't provide, it's your verdict to just skip on it and look for another bounty that suits your standard which does have an escrow. The sad truth, most projects won't get an escrow because they don't have a decent budget for running their bounties. They all rely to the allocated budget which is just floating in the air for their bounties. Lucky if the project goes into success but failure if they didn't meet the expectation.

minairia3

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Quote from: coin-investor on July 24, 2020, 06:51:41 AM

I beg to disagree, Julerz escrowed bounty tokens for bounty hunters and all bounty hunters have received their tokens, some managers are escrowing the bounty token which is good, but if the team is trusted and they show good will it's ok not to do escrow especially if the bounty manager is part of the team, like what Oikos has done.

Only few projects are doing an escrowed for token payment. We are lucky that we have those doing that like Julerz and Bounty Detective, but as you said, as long as the team is trusted no need for escrow.

One example is cartesi by BubbleAlex, he did not escrow the bounty but the team paid their dues to hunter. Sometime it actually depends on the project if its good then no need to worry about it. Unless you are joining a bitcoin sig paid campaign.

Ridwan Fauzi

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We can differentiate a good and bad project, a good project will always try to do everything with a good way. Including the promotion way, bounty campaign is well known for most crypto currency project. Even, most of new project that popping up they will use bounty campaign as a way to make many people know against their project.

As you may know, bitcointalk.org is ond the largest crypto currency forum although priviously it was inteded to discuss bitcoin. I guess it is an easy way for all new project to choose an escrow if they try to promote their project is this forum. Because there are some escrow's service that can be use like in this board https://bitcointalk.org/index.php?board=52.0

robelneo

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Quote from: Balladtony77 on July 24, 2020, 06:46:54 AM

It's becoming more harder for new projects team to keep their promises to bounty hunters, some even said bounty hunters are getting free tokens for free, meaning bounty hunters aren't recognized for their work, I suggest all bounty managers to start using ESCROW.

I believe with escrow payment will be guaranteed, team won't be able to go back on their words, bitwings for example, after a complete year of waiting for payment they decide to do another audit on spreadsheet and they falsely accused bounty hunters without any proof.

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

The last I've checked on the bounty campaign I've participated back 2019.almost 20 of these did distribute tokens allocated for bounty hunters some of them delayed or reduced the number of bounty hunter's rewards, it's just right that bounty managers escrow the token meant for bounty hunters just like what Bounty Detective and Julerz have done for campaigns that they are managing.

nicedreams

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But you should know that escrow payment for the bounty program isn't completely safe-proof. If the group in charge of escrow payment has a dubious reputation or easily blows to the project team's demand, you will meet the same fate of no escrow payment.

yazher

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In my early years as a bounty hunter, those who managed bounties with already escrowing the rewards of the participants are the ones who always successful and there are lots of participants when they introduced a new bounty. back then, one of the famous to escrow the rewards is Bountyhive which is most of us here knows. the project they promoted back then used to be successful and every bounty hunters received their due base on the number of weeks they are successfully working. But as of today, there are only a few who manage bounties who do this stuff and even though they escrowed the coins or tokens, it doesn't really worth a penny after the bounty is done.

fuer44

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yes, escrow is often talked about lately because of the greater likelihood of success. but I just finished escrow bounty a few months ago, it's been 3 months so far it hasn't been paid yet. but I just believe and believe it will definitely be paid, because the team also works well.

Pffrt

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I just have seen that bitwings did the weird thing with the hunters. I used to know that they were a legit project but seems like they are not. It's really sad to see that hunters are being treated in such a way.
Escrow for bounty pool has been discussed couple of times before but most of the so called bounty managers will never follow that, that's for sure. On the other hand, hunters can avoid projects which don't use escrow bounty pool.

Quote from: Balladtony77 on July 24, 2020, 06:46:54 AM

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

julerz12 also used to escrow bounty pool although he hs left managing campaign for a while.

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