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Topic: Escrow is a must to avoid disappointment - page 6. (Read 1036 times)

full member
Activity: 1554
Merit: 101
August 02, 2020, 08:22:39 AM
the bad news is that the bounty detective is promoting the kingcasino scam project, even though they guarantee tokens from the project but see now they are helping the scamer.we do not know how much the total loss experienced by investors.
I hope they will be more selective in choosing projects to promote.
member
Activity: 2044
Merit: 16
August 02, 2020, 08:01:59 AM
I love to participate on Bounty Detective's bounties because of the escrow system they are implementing and this will boost the morale of hunters participating on such bounties because payments are guaranteed at end. Escrow system was long gone and missing it hence i have been a bounty hunter for a long time, it's a good feeling that to see it again now. Hoping for other bounty managers to adopt it again to relive the glory days of bounty hunting.
hero member
Activity: 2366
Merit: 504
August 02, 2020, 07:44:04 AM
Bounties that have escrow have payment guarantees by bounty managers, but bounties now rarely use escrow services because they have the intention to reduce allocations or won't even distribute tokens.
True, they intend to postpone the delivery or wait for the price to drop many times and they will distribute it. I've met a lot of bounty like this year, these are really evil intentions and abusive bounty hunter. Escrow will be a lot better, but it does not guarantee the project will succeed
it should work the same as when they try to advertise to big platform like google ads, someone must as act as enscrow to ensure that no parties will be dissapointed inside the deal. those reasoning which main purpose is to let the bounty receive less what they should shall be called as an abusive act.
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
August 02, 2020, 07:39:57 AM
Thanks to escrow this freedom marketplace got confidence. Personally, when I am paying with cryptocurrencies I always find an escrow because I had a bad experience from the past. Scammers abuse the inability to refund payment.  Cry
sr. member
Activity: 1148
Merit: 300
August 02, 2020, 07:23:08 AM
Escrow is needed for assurance of the bounty payment, if there's an escrow there is an assurance that the bounty campaign will pay the hunters so i always try to do bounty campaign that has an escrow so that my work wont be wasted and i earn token as a payment for my work. I believe that escrow is always a great way of making a campaign for assurance.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
August 02, 2020, 07:15:48 AM
Bounties that have escrow have payment guarantees by bounty managers, but bounties now rarely use escrow services because they have the intention to reduce allocations or won't even distribute tokens.
True, they intend to postpone the delivery or wait for the price to drop many times and they will distribute it. I've met a lot of bounty like this year, these are really evil intentions and abusive bounty hunter. Escrow will be a lot better, but it does not guarantee the project will succeed
jr. member
Activity: 154
Merit: 1
August 02, 2020, 07:13:46 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 issue of projects disappointment on bounty hunters is getting popular lately, I remember digitalbits refusal today pay hunters after a very long period of waiting, audit and re-audit. It was quite unfortunate even the bounty managers were affected and had to join the bounty hunters to condemn the act. I feel for hunters who struggle to get data and after the whole process, still get disappointed.
The best way out is for the bounty manager to stress the need for Escrow, which guarantees the reward for hunters and ensure that the agreement or contract is not breached.
sr. member
Activity: 1988
Merit: 453
August 02, 2020, 07:07:15 AM
The bounty hunters don't have any collective bargaining power, and this is the reason why the project teams are treating them like beggars. The problem here is that there are too few projects and too many bounty hunters. At least a section of the bounty hunters are ready to join even the most exploitative campaigns. They think that it is important to gain some experience, even if that means that they may go unrewarded.
member
Activity: 489
Merit: 16
www.cd3d.app
August 02, 2020, 06:06:44 AM
I think if there would be escrowed funds for a new bounty project, many bounty hunters would definitely joining and engaging in to that bounty campaign since the rewards fund is escrowed, it can enlightened bounty hunters to participate in such project.
member
Activity: 476
Merit: 22
August 02, 2020, 06:03:01 AM
The only thing escrow do better is assured payment to bounty hunters, escrow is not quality project, what I'm more interested in is quality project or the bounty project, escrow or not I don't care much, sincerity teams will always pay bounty hunters fairly without any dubious stunts
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
August 02, 2020, 01:39:37 AM
escrow doesn't necessarily mean the project developer wont break their promise if they choose too.. well still for now escrow is the safest bet for bounty hunters.. alot of shit going on in the bitcointalk bounty community as of recent
As long as the dev can send the payment first to the trusted escrow and then that will never disappoint the hunters. the problem is when the team was keeping the reward rather than wanna try to send it to the escrow.
Bounty detective said they use escrow but I'm still confused that they don't because ARCS bounty was over and the team failed to distribute still, I sense they are waiting for the project team to send the tokenS
hero member
Activity: 1442
Merit: 510
August 02, 2020, 01:34:23 AM
Bounties that have escrow have payment guarantees by bounty managers, but bounties now rarely use escrow services because they have the intention to reduce allocations or won't even distribute tokens.
Therefore it is better to join Bounty which is managed by Bounty Detective, I think the service they provide is same as  escrow service where they keep distributing tokens to all Bounty participants. Don't waste your time joining an unclear Bounty.
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
August 02, 2020, 01:27:54 AM
#99
I haven't join any bounty project with escrow payment, I just choose projects very careful and they pay me, oikos was good enough, they kept their promises and now DIA from bubbalex, one of the best BM on this forum, escrow is not that a necessity
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
August 02, 2020, 01:16:21 AM
#98
Escrow is good but it still have few disadvantages too, the team might decide to abandon the project, or the project might be useless, getting your tokens didn't mean that you will be able to sell at high price, I prefer to join a bounty through a bounty manager that is well known in crypto space who makes sure team pays bounty hunters
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
August 01, 2020, 06:56:58 PM
#97
escrow doesn't necessarily mean the project developer wont break their promise if they choose too.. well still for now escrow is the safest bet for bounty hunters.. alot of shit going on in the bitcointalk bounty community as of recent
As long as the dev can send the payment first to the trusted escrow and then that will never disappoint the hunters. the problem is when the team was keeping the reward rather than wanna try to send it to the escrow.
sr. member
Activity: 1414
Merit: 260
August 01, 2020, 05:41:57 PM
#96
Im just participated some escrow bounty campaign in the past year and this year also most of them are not totally distributed the bounty rewards and there are time also distributed but the problem is was not listed in any exchange site. And if that will take to long not listed they gone and the bounty rewards we get from them are totally useless and become a shitcoins in a future.

But I believe those escrow bounties that manage a trusted manager are worth to participate.
sr. member
Activity: 1596
Merit: 335
August 01, 2020, 05:07:34 PM
#95
Having an escrow will ensure payment and will give security to bounty hunty hunters, but this doesn't end here. Even escrowed or not the question is will the reward have its value, or will the project continue to grow and survive. Bounty hunters should stop relying on managers and have their own decision on determining which project to join. Having a project's bounty pool escrowed doesn't determine it's  success or legitimacy.
copper member
Activity: 351
Merit: 1
August 01, 2020, 04:39:24 PM
#94
escrow doesn't necessarily mean the project developer wont break their promise if they choose too.. well still for now escrow is the safest bet for bounty hunters.. alot of shit going on in the bitcointalk bounty community as of recent
hero member
Activity: 1260
Merit: 510
August 01, 2020, 03:04:31 PM
#93
It will be the perfect scenario if bounty funds are getting escrowed to the bounty manager, and the bounty manager itself are high-rated manager in this forum. But as we can see, it's not many of bounty campaign that getting escrowed, it is only some of it, even some of them are distributed after so many months after the bounty finished.
member
Activity: 138
Merit: 10
August 01, 2020, 02:26:24 PM
#92
Nowadays, I don't want to join any bounty project without escrow or good bounty manager anymore. Maybe after going thru so many time got nothing return for my hard work in bounty, I come to even think any not using it have something shady.
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