Escrow is a must to avoid disappointment - page 2.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Saisher on September 17, 2020, 07:52:27 AM

Quote from: Annamike on August 29, 2020, 04:57:10 PM

Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle

Last project he handle where he escrow was Geomadao, but unfortunately the project was stopped and there's no guaranty of return, but I agree that escrow should be implemented on every bounty campaign that will be implemented, this is to ensure that no bounty hunters will be scammed, this is one of the major complaints of bounty hunters, nobody wants to work for free, we are paying electricity and internet connection
and bounty hunters are the one who make the projects looks good.

It's a good thing for us bounty hunters that escrow is being introduced so that our efforts and hardwork will be totally paid off. Although only few of the bounty managers are using it now but sooner most of the bounty managers will be encourage to start using it too. With this, scam projects will be avoided and will surely be lessen too.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: ?? on ??

but it looks like it can't because many bounty managers come from the project team itself.

The problem is with bounty hunters most times. If you have such knowledge and you kept quiet and join, you should know you are going to have an exit scam. If a bounty manager is part of the team, is easier to be scammed than a reputable manager.

Fredomago

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Saisher on September 17, 2020, 07:52:27 AM

Quote from: Annamike on August 29, 2020, 04:57:10 PM

Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle

Last project he handle where he escrow was Geomadao, but unfortunately the project was stopped and there's no guaranty of return, but I agree that escrow should be implemented on every bounty campaign that will be implemented, this is to ensure that no bounty hunters will be scammed, this is one of the major complaints of bounty hunters, nobody wants to work for free, we are paying electricity and internet connection
and bounty hunters are the one who make the projects looks good.

For hunters who are seeking for great opportunities, the escrow will play important role as they are giving good breathing
for every participants, after the works has been made they can expect rewards to be send inside their wallets.
Escrow gives that assurance hunters will be paid after doing their efforts helping the project being advertise around both
inside the forum and all social media channels.

Mulann2

member

Activity: 686

Merit: 35

Quote from: palle11 on September 17, 2020, 08:10:59 AM

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.

He only use escrow for few and not all. So his bounty too for those not escrowed can run into problem. Example with clipx, a bounty he handled that just ended began to request for hunters KYC after the end. And they later announced not continuing with the project and planning to return investor's money. This is really not good for hunters to work as slaves.

Not all 9f his bounty have escrow but at least most of them he tries to escrow unlike other bm's bm's that are too greedy and won't bother about escrow except negotiate their payment, if any of the other bm's are operating like bounty detective we would have less project trying to screw hunters over.

palle11

sr. member

Activity: 2366

Merit: 332

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.

He only use escrow for few and not all. So his bounty too for those not escrowed can run into problem. Example with clipx, a bounty he handled that just ended began to request for hunters KYC after the end. And they later announced not continuing with the project and planning to return investor's money. This is really not good for hunters to work as slaves.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: Annamike on August 29, 2020, 04:57:10 PM

Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle

Last project he handle where he escrow was Geomadao, but unfortunately the project was stopped and there's no guaranty of return, but I agree that escrow should be implemented on every bounty campaign that will be implemented, this is to ensure that no bounty hunters will be scammed, this is one of the major complaints of bounty hunters, nobody wants to work for free, we are paying electricity and internet connection
and bounty hunters are the one who make the projects looks good.

Annamike

jr. member

Activity: 230

Merit: 1

Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle

timmmers

sr. member

Activity: 1176

Merit: 265

Because all blockchain transactions do not require an intermediary, they have to be immutable. But, also we can solve this problem by using an unbiased escrow service.

b1k4ng

full member

Activity: 728

Merit: 100

Yes, bounty detective guarantees payment for bounty hunters, but what I know is that the average project he manages ends badly, why is that? because the bounty average he managed was only produce $15- $20 for 12 weeks of work and that was terrible. I'm talking for signature campaign, maybe for social media campaigns even worse Cheesy

bonjouros

jr. member

Activity: 307

Merit: 1

There are many bounty managers already that are using an escrow but it cannot be implemented to all as the bounty managers didn't have a control over it.

Not only if all the bounty managers will decide to use an escrow and they will not accept a single project that is against to it. But as you can see,
there are many managers out there and it is very difficult to unite them as they are also competing to each other just to get a single client so they can also earn a profit.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: fosco333 on August 06, 2020, 09:13:27 PM

Escrow is important either for bounty hunters or bounty manager.
When the manager can guarantee the reward will be paid, many hunters will trust them.
It is good to gain trust from hunters, otherwise there will be no hunters join in your campaigns.

Indeed but for bounties its rare to have an escrow for the rewards unless if its a bitcoin paying campaign because usually the manager itself hold the payment for the campaign that they will manage.

It would be better to see a bounties that has an escrow because bounty hunters will be motivated to work since the rewards are guaranteed.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: ife2020 on August 06, 2020, 03:12:25 PM

Escrow is indeed good, but i think we should emphasize on, a good escrow, a good escrow that will be honest and trustworthy.
because just recently, a Bounty manager and an escrow eloped with Bounty rewards of participants. I think it's both ways, just do it right

Thats what you called tempted managers. I dont see why some manager attempt to do this. Anyway if their account is like a member rank or does not have a value then its easy quick exit. But of course the reputation given to him if his a well known manager. Also he cant escape the world, this forum have some details of everyone so no one can run freely. There will be tracks to find you if you commit something bad. Lesson learned, choose a trusted one with so many feedback and experience with others to avoid such incidents.

fosco333

full member

Activity: 1260

Merit: 100

Escrow is important either for bounty hunters or bounty manager.
When the manager can guarantee the reward will be paid, many hunters will trust them.
It is good to gain trust from hunters, otherwise there will be no hunters join in your campaigns.

BeginToMine

full member

Activity: 434

Merit: 101

https://www.payaccept.net/

Those saying bounty hunters are getting free money should also understand they burnt their data and time so it's a job not a free work. If someone works the person should always get it's reward which is generally done. Bounty lasts a month plus and daily tasks which is normal in every sectors so escrow is highly needed to avoid issues with payment

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

Escrow is indeed good, but i think we should emphasize on, a good escrow, a good escrow that will be honest and trustworthy.
because just recently, a Bounty manager and an escrow eloped with Bounty rewards of participants. I think it's both ways, just do it right

Becky666

full member

Activity: 756

Merit: 231

Quote from: ?? on ??

Escrow only works to avoid not getting your rewards after bounty ends, understand that this won't solve problem to dump and it won't solve the problem of a project turning dead or useless later

Correct, what OP wanted was the managers going through the method of escrow participants tokens or coins for their work, than working and not getting paids at the end. We have had many times when campaign participants got nothing in return for their promotional offer on this platform. Though, the problem of dumping aren't going to be solve by the escrow but getting the participants paid is more Paramount. LEDU project got their manager not paid but because the bounty manager escrow their tokens participants are going to get their tokens without disappointments of any sorts.

Em00n01

full member

Activity: 737

Merit: 104

This is so true. I also have the same experience. I have seen many projects decided to reduce the bounty pool if the price of the coin is increased. A project named TokenPay Didn't pay the bounty hunter after the end of bounty campaign. I also participated in that campaign.

Claudio99

member

Activity: 210

Merit: 10

Sovryn - Brings DeFi to Bitcoin

Escrow can't safe you from disappointments in bounty hunting grounds, for example you can get your promised tokens and coins and the value aren't so good, worthless or even pennies, be very wise and choose quality projects, don't aim for how much tokens you will earn.

Toxic_1988

member

Activity: 113

Merit: 10

Quote from: ?? on ??

Quote from: Wingsbtc on August 06, 2020, 05:57:12 AM

No matter who you are or how smart you are as a bounty hunter, there will come few times when you will choose or promote the wrong projects that won't earn you any penny, escrow can't fixed this, crap tokens will still come around

At least the escrow provides certainty to the hunters that the reward token has been held by the bounty manager. Regardless of whether the price fell when listing, I think it's a different matter. There are many campaigns that process payments to old hunters, even the projects die and in my opinion escrow provides comfort to hunters to promote the new project.

I participated in many campaigns use escrow, at the end of the campaign I still received those tokens. But they are never listed on exchanges, and I only get these useless tokens. What we need to hope for is their project to be successful and listed on exchanges

At least, you got the coin instead of some promise about 'we will distribute at xx time'. Escrow help to let bounty hunter receive payment, whatever it worthless, don't list on an exchange or has a low price aren't matter anymore. Had you try OTC trading with your coin yet? See, you did have many options for it as long you have it

nicecrypto

member

Activity: 1260

Merit: 21

Quote from: bitkanu on August 06, 2020, 10:03:36 AM

Quote from: ?? on ??

Escrow only works to avoid not getting your rewards after bounty ends, understand that this won't solve problem to dump and it won't solve the problem of a project turning dead or useless later

As long as the project can keep the demand and it will not give the dump like what you have already stated above and you must understand the one thing that it's not all of the hunters were also selling their tokens to the exchange sites instantly.

So many times the hunters were still holding their coins in their wallet.

You are right bro, some hunters don't sell their reward immediately they got it while some sell and move on, between in most cases, the bounty pool is not usually the reason for a token dump in price, there are other factors involved, what is really bad is when the reward is not paid at all, if team don't want to use escrow and still kept their promise of payment would be nice.

Topic: Escrow is a must to avoid disappointment - page 2. (Read 1036 times)