Topic: Escrow is a must to avoid disappointment - page 9. (Read 1036 times)
Escrow is working only if you trust in escrow provider
You are right that all bounty managers ask for escrow so that payments can be guaranteed, but out there are also bounty managers who are selfish. If he manages a project he is paid but does not care about the participants.
This is already happening. There are some bounty managers who accept only projects which have good potential.
But there are so many bounty participants that all the good bounty campaigns gets filled quickly hence people have to move towards bounty campaigns which have less potential and are often scam. So it's the bounty participants who have to stop participating in less potential bounty projects.
But there are so many bounty participants that all the good bounty campaigns gets filled quickly hence people have to move towards bounty campaigns which have less potential and are often scam. So it's the bounty participants who have to stop participating in less potential bounty projects.
If escrow was the strategy that every bounty managers are using right from the beginning of bounties there would have been so limited projects that will end up not paying bounty hunters or maybe the project failed for other reasons and the token became worthless
I agree with this, escrow would solve many problems with bounties, there would be fewer bounties of course, but there would be fewer scams also!
Except that, escrow is a good for individuals, with escrow you keep yourself from troubles. And it's better to use it right from the start, don't wait to be scammed, don't wait to make a mistake and to learn from that, learn from mistakes that others made many times!
If escrow was the strategy that every bounty managers are using right from the beginning of bounties there would have been so limited projects that will end up not paying bounty hunters or maybe the project failed for other reasons and the token became worthless
The current situation of bounty management is to bad because number of bounty managers are available in the market. So we don't find the another escrow to maintain the payment. We must read the OP post and find the trusted project is only way crypto platform, Because we see number of bounty campaign in each months so it our responsible to pick the right project.
If escrow was the strategy that every bounty managers are using right from the beginning of bounties there would have been so limited projects that will end up not paying bounty hunters or maybe the project failed for other reasons and the token became worthless
Escrow is the best way to confirm distribution for bounty hunters. That's why we need a bounty manager. Campaign managed by project team never legit to bounty hunters. I think this is a new lesson for bounty hunters. We won't participate in any campaign if the bounty manager doesn't bring hired escrow.
That's not a new lesson but that's an old lesson but the implementation depends on the team whether they wanna try to use the escrow service or not. So many hunters have already suggested this to the team direcly but they were rejecting the suggestions that have already sent for them. 
If the project was actually legit and had no intention of scamming investors, I doubt they would scam their bounty hunters. I have seen most people claiming that they didn't receive their coins, and the project actually ended up dying. I mean they never had any intention to pay the bounty or work on their project. They just wanted to use the bounty hunters to promote their work and scam their investors.
Again, if the team refuses to pay some individuals, then I think they have their own reason for not paying them. Perhaps the user that joined broke their rules?
But, yeah, keeping an escrow would actually help to bring peace in peoples mind. But, don't they pay users using their own tokens?
Again, if the team refuses to pay some individuals, then I think they have their own reason for not paying them. Perhaps the user that joined broke their rules?
But, yeah, keeping an escrow would actually help to bring peace in peoples mind. But, don't they pay users using their own tokens?
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.
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.
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.
Escrow is the best way to confirm distribution for bounty hunters. That's why we need a bounty manager. Campaign managed by project team never legit to bounty hunters. I think this is a new lesson for bounty hunters. We won't participate in any campaign if the bounty manager doesn't bring hired escrow.
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.
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.
I think there are still other managers using escrow while there are others who might not use escrow but always try their best to ensure their participants gets their tokens. On a more sincere note it is becoming alarming with the way project team now behaves once the bounty is over but since the token distribution still falls down to their hands there is little or nothing that can be done about it, many did it and went free. Also, it is not all projects that will like to escrow their token for bounty that is just the truth and I believe many managers tried and it didn't work but if the idea works out in every bounty then it will be a big plus for bounty hunters.
Having an escrow for bounty project in my opinion is good , not just because hunters want to be sure they will be paid for their time and resources but also to encourage them in promoting . when you are sure you will get paid you will work more. Project developers have been denying hunters of their rewards recently and this isnt fair enough.
this will be a good solution only if all bounty managers can adopt it. its a shame for project to deny hunters their reward, a project that can do this can exit scam at anytime.
I don't see anything wrong with using escrow strategy, any new project team that has issue with escrow shows that the team aren't so sure of themselves and their project, if they are sure they will succeed there isn't anything to be worried about, at least bounty hunters job is to spread awareness of your projects
You guys should understand what is an ICO before demanding an escrow for the funds, that's why it is called an Initial Coin Offering, they are wanting an investors to get invested in them so the project will continue, if they did not get any enough that's the time they will terminate the project call for a closure. Now bounty hunters should know what they are dealing with, how will the team pay all of you if they don't get enough? So having an escrow is a big down for me, not suitable for bounty tokens. This is just applicable for weekly campaigns 
I have seen a project here in forum who already escrow bounty funds to bm, check out unifiny, they already give bm the total bounty pool in a wallet which everyone can see, and they haven't done any ico or ieo yet, any serious project who don't have an ulterior motive won't find fault in this, infact, only serious project can do this because they already know they will succeed with the project.
These are norms when I joined the space, but the influx of new bounty managers into the space sell themselves cheap to these developers and they take advantage of it, there are many instances when team renege on their promise to pay bounty hunters what they agreed on, they want free promotion and marketing
You guys should understand what is an ICO before demanding an escrow for the funds, that's why it is called an Initial Coin Offering, they are wanting an investors to get invested in them so the project will continue, if they did not get any enough that's the time they will terminate the project call for a closure. Now bounty hunters should know what they are dealing with, how will the team pay all of you if they don't get enough? So having an escrow is a big down for me, not suitable for bounty tokens. This is just applicable for weekly campaigns
Yeah I agree with OP's opinion, it's very good for Bounty managers to escrow funds to ensure at the end hunters get rewarded. But sometimes the team doesn't agree to this, due to trust issues. Some go by the phrase "work before pay", even though some won't keep their promises at the end. Also, not only Bountydetective uses escrow as stated by OP, a few other managers do.
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.
If a project can't afford escrow they should never launch to begin with.
Let's forget that some escrows work for free/positive trust. Even if they demand 1% of the total amount to be distributed it's still very little. If you're distibuting a thousand dollars worth of coins the escrow payment will be just 10 dollars. Don't tell me they can't pay that much.
Even if they'd have to pay $100 to the escrow holder it's still nothing compared to the value of the campaign.
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.
I can only support your escrow process. But do you remember the Kingcasino project, which was managed by a bounty detective? Escrow can confirm only successful project payment. Bitwings was managed by their own teams, not to distribution is also part of their plans or revenge to got red trust. I believe finally Bitwings will become a scam project as my experience. 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.
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