Of course, escrow is important but more important is to find out if the project is legit and it would worth it to waste time on it? and if yes make sure that bounty really belongs to that project or somebody wanted to make a fake thread about it?
and if you found out all of them then you need to see the pool price, some of the pools are too small to join, and it is very important that the number of participants is limited, I really don't like it when they use stake instead of real numbers and tokens from the beginning, doing bounty could be worth it , if you are doing it in the right way.
Topic: Escrowed very important for bounty? - page 10. (Read 51390 times)
The fact is Escrow only guarantee your rewards but the tokens can still be worthless, you still need to choose wisely before promoting any project, don't jump in just because it's escrowed, for me I will sti choose bounties from top bounty managers like bubbalex over escrowed bounties, it's not 100% important for me
I've rarely participate in escrow bounties on this forum because they aren't my taste, some joined and the end result wasn't so satisfying, to me it's about the quality of a project not getting the tokens that may be useless, high quality project team will always want to keep their reputations, so they will pay, delays may take place but in the end payment will be sent out.
Escrow is indeed important for the safety of bounty participants, but I rarely find cases of a project team not paying their campaign bounty, because if they do this it will be very detrimental to themselves, their social media will be attacked by their bounty participants and this can be very bad for the reputation of their project.
In my opinion, the most important thing is what we get from our work as bounty participants can be valuable, In that sense I hope that the bounty manager must also choose the projects they will promote.
In my opinion, the most important thing is what we get from our work as bounty participants can be valuable, In that sense I hope that the bounty manager must also choose the projects they will promote.
Escrow will work I believe, atleast there won't be fear of losing payment after bounty ends like many project did to bounty hunters, escrow guarantee payment, it gives honor to participants too, many project team don't today don't keep their promises to their promoters after bounty ends, this will erase the feeling of been used.
Many new bounties of today haven't launch their ICO or tokens yet, I wonder how this type of projects will do escrow, I believe that escrow strategy will only be possible on projects that are listed on exchanges, I really don't care much about escrow but quality of the project and smartness of the team
It's important but not very important, it's not everything that will put the credibility of the project if is legit or not, it guaranty that the token will be distributed in the right time, but legit and honest projects do no lock, delay and scam bounty hunters, they have a reputation to protect because they are long term project and they want to have goodwill on investors and bounty hunters.
and how exactly you determine a legit project though there are some cases of big projects that's said to have big credibility but turns out they didn't even want to hand out bounty or instead distributing a useless shitcoin version of their real coin instead. I think escrow is really important and anything if possible should use escrow just to guarantee that both side aren't taking losses. I would like to say to all professional managers that Escrowed is very important and all of you should follow it.
Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase
Before I got out of bounty hunting there's still a lot of bounty hunters and they are not decreasing even if there's no escrow on the project they are working with, team cheating is always here it never reduced, scam projects will always cheat investors, and bounty hunters instead of escrow pick the right project with good and you will never ask for escrow.
Yes escrow is the only way to get rid of cheating project team, they always find it hard to pay once bounty campaign is over, I like this idea but this won't be effective as it's just a thought, only bounty manager has the power to start forcing escrow on new project on his forum, I do hope this works
In fact, the number of good bounties is very low so not everyone wants to use escrow and lots of projects are coming up who are managing the bounty themselves. The number of professional managers has dropped dramatically as there were many professional managers in 2017.
I will choose reputable bounty managers over escrow because I have positive results from them than escrow bounty campaigns on this forum, reputable bounty managers will fight for their bounty hunters, they always make sure bounty hunters get paid, that's because they value their reputations.
Bounties have many problems that can't be solved with escrow only, this can only make you get reward as promised but some times the project can still turn scam, once the ICO is over the team will vanish and the escrowed tokens will be worthless.
But most projects that promise large bounty pools do not have escrow. So we hunters will still join those bounty. Think of it as a risky investment, and you invest your time in it.
Yes escrow is the only way to get rid of cheating project team, they always find it hard to pay once bounty campaign is over, I like this idea but this won't be effective as it's just a thought, only bounty manager has the power to start forcing escrow on new project on his forum, I do hope this works
escrow cannot guarantee that the project will be successful and have a good price in the market, have you ever participated in a bounty using escrowed from Tokpie ?, TLS and YOUC are projects that I know, they pay, but the price drops by -90%,
of course is a big problem for bounty participants, so escrow is good for bounties but there is no guarantee that the price can be good
Almost all projects are cheating and refusing to give tokens at the end of bounty management. It's really sad that hunters work hard but they don't get tokens as a rule..
When the bounty is over, the team is making new plans so that they can easily escape by cheating.
I would like to say to all professional managers that Escrowed is very important and all of you should follow it.
Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase
Most important thing in bounty campaign is Escrowed, although have more than 3% allocation coin from supply to bounty campaign participants without have Escrowed we can't trust and joined this campaign, but only for trusted and experience manager active right now and giving with reward during their campaign running is fine, but if you find with new campaign manager without have Escrowed better left and never joining their campaign project, at the least when campaign ended you will never get anymore with your coin reward. Just checking all campaign you joined have Escrowed or not before participating at their campaign. When the bounty is over, the team is making new plans so that they can easily escape by cheating.
I would like to say to all professional managers that Escrowed is very important and all of you should follow it.
Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase
I think it doesn't matter if you get the token but it is not listed on an exchange or listed but becomes worthless. Escrow is only important for projects paid by BTC or tokens with high liquidity.
Well, you've probably had little to do with bounty campaigns. Signature campaign paid in BTC are escrowed almost always. Besides, they are paid every week, which reduces the risk, because in case of problems, you only lose a week spent on promotion. In the case of a bounty campaign, they can last up to several months. If the project fails or turn to be a scam - we are unlucky, or we make researched the project badly. Escrow is to prevent bounty hunters, for example, from the fact that the developer changes his mind and reduces the bounty pool before they distribute rewards.
I'm sure you guys are aware that there are some bounty campaigns that the project team are managing themselves, how about those projects? How can they use escrow since nothing is standing in between the project and bounty hunters? This won't work
Yes, and sometimes a manager can also be an escrow of a campaign through a reputation of trust that has greatly increased in this forum, but for projects that are directly managed by the team itself it is actually better, it's just that they don't have enough confidence in this matter. although basically they don't intend to deceive a lot of people.
I'm sure you guys are aware that there are some bounty campaigns that the project team are managing themselves, how about those projects? How can they use escrow since nothing is standing in between the project and bounty hunters? This won't work
Yes, and sometimes a manager can also be an escrow of a campaign through a reputation of trust that has greatly increased in this forum, but for projects that are directly managed by the team itself it is actually better, it's just that they don't have enough confidence in this matter. although basically they don't intend to deceive a lot of people.
When the manager uses escrow in managing bounty projects, there will be many participants taking part in the project.
Because bounty participants feel safe and their work will not be wasted because they do not get rewarded.
It is also rare for managers to use escrow in bounty projects. But if the project is not a fake project, it doesn’t matter.
The problem is when the project done by the manager is a fake project.
Because bounty participants feel safe and their work will not be wasted because they do not get rewarded.
It is also rare for managers to use escrow in bounty projects. But if the project is not a fake project, it doesn’t matter.
The problem is when the project done by the manager is a fake project.
Bounty has a lot of problems to deal with. There are actually very few bounty with escrow, and the right to join is yours. I think the most important thing is the price of the token after being listed on an exchange, rather than the issue of escrow.
I'm sure you guys are aware that there are some bounty campaigns that the project team are managing themselves, how about those projects? How can they use escrow since nothing is standing in between the project and bounty hunters? This won't work
This is where escrow should be even more required! After all, escrow is about the fact that an independent third party should consider a disputed situation - if such a situation occure.
As for who the escrow could be, not only the bounty manager can be. There are quite a few people in this forum who have a lot of trust from the community. You can view a list of them here:
https://bitcointalksearch.org/topic/recommended-bitcointalk-escrow-services-2439910
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