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Topic: Escrowed very important for bounty? - page 2. (Read 51341 times)

full member
Activity: 1093
Merit: 103
February 12, 2021, 09:46:52 AM
So many people have been fooled by bounties that don't pay off. I myself recently participated in the bounty and did not get a payment for the reason the team delayed the payment until now. And now after joining the Amepay bounty, it is experiencing payment delays due to the high gas fee. this is very detrimental for the participants. all of us here also do assignments according to the rules. wasted time on it but didn't get paid

Escrow only ensures that the managers get tokens,,, but as you see even the high gas fees are a problem. If teams are not even willing to pay bulk transactions for bounty it is a huge sign of mismanagement of Ether. Why not they use Layer 2 solutions like many exchanges are already doing?
Of course, can find different ways out of the situation, including the one you mention, but today the Bounty Hunters don't have that much choice.
At least it would be fair to all parties to the agreement, which is conditionally concluded for the Bounty company. Escrow is primarily a guarantee of trust in the project and an indicator of the real intentions of the team, as well as real confidence in receiving a reward for each Bounty Hunter. In addition, in the proposed variant of the course of the problem, each bounty manager will be under strong supervision and authority will play an important role.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
February 12, 2021, 07:41:54 AM
So many people have been fooled by bounties that don't pay off. I myself recently participated in the bounty and did not get a payment for the reason the team delayed the payment until now. And now after joining the Amepay bounty, it is experiencing payment delays due to the high gas fee. this is very detrimental for the participants. all of us here also do assignments according to the rules. wasted time on it but didn't get paid

Escrow only ensures that the managers get tokens,,, but as you see even the high gas fees are a problem. If teams are not even willing to pay bulk transactions for bounty it is a huge sign of mismanagement of Ether. Why not they use Layer 2 solutions like many exchanges are already doing?
member
Activity: 759
Merit: 15
February 12, 2021, 07:19:39 AM
certainly the use of an escrow in a bounty campaign would greatly increase the quality of the same and the trust in the project of the bounty hunters but it is not always necessary sometimes it is enough to rely on serious, trusted campaign managers
jr. member
Activity: 392
Merit: 2
February 12, 2021, 05:56:07 AM
Escrowed could be the safe and secure way, needed and wanted by i think every bounty hunter thus we bounty hunters  can work appropriately without strain about their reward.even group can't diminish the measure of asset in the event that they need after escrowed yet ought to be cautious about the individual whom being escrowed. Its better on the off chance that he is from dt2 or dt3 cause I saw supervisors likewise cheating and get evaporated with taking all escrowed reserve. Be that as it may, anybody can't ensure about the task even after compelete conveyance
sr. member
Activity: 840
Merit: 250
February 12, 2021, 02:25:12 AM
So many people have been fooled by bounties that don't pay off. I myself recently participated in the bounty and did not get a payment for the reason the team delayed the payment until now. And now after joining the Amepay bounty, it is experiencing payment delays due to the high gas fee. this is very detrimental for the participants. all of us here also do assignments according to the rules. wasted time on it but didn't get paid
jr. member
Activity: 124
Merit: 1
February 12, 2021, 02:11:28 AM
There are a lot of bounty projects. All the projects are not same. We can find differences between them, differences in their bounty task, the differences in their payment system. Hunters can choose the best projects, among them. And hunters might be benefited if all the bounty projects start paying weekly. It will prove a projects activeness. Thus the projects which will cheat can't continue to cheat long time. But good bounty projects never cheats. This is the hunter's own responsibility to choose the best project before start working for the project.
member
Activity: 854
Merit: 21
February 11, 2021, 07:13:57 PM
On paper escrows is the best way to approach bounty hunting in the crypto space however in reality this is almost not feasible for new projects because it will draw in a lot of Bounty Hunters are not really committed to promoting the project but are only interested in the money they have to offer and also it will also reduce the way projects are able to promote their coins and increase the trading volumes.
So I really doubt new projects will adopt the escrow approach however for good and serious projects that are worried about their  coins or tokens dumping in the market after listing then using escrows is the way forward.
member
Activity: 412
Merit: 13
Trident Protocol | Simple «buy-hold-earn» system!
February 11, 2021, 04:39:09 PM
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


Being a bounty hunter is always tested with payment after a bounty campaign project is over. Many of the projects fled without ignoring the bounty hunters who had worked for several months to promote their project through various social media. although many have also paid for the work of bounty hunters. however, to implement escrow is very difficult for many projects to accept. although there are some projects that want to use escrow, this implementation is very difficult to implement.
legendary
Activity: 2296
Merit: 1176
February 10, 2021, 04:16:40 AM
You know, in current realities, escrowing bounty rewards wont help at all. By looking on Ethereum transaction fees, it will be simply not profitable to send rewards, when fee is several times bigger than reward itself.
I think most important now is to search bounty, which tokens are not on Ethereum blockchain. Because with a huge probability, devs simply wont send rewards, due to fees. Better search something on Tron as fees will simply cost nothing, or Waves, because you can always sell everything on their dex.
copper member
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
February 10, 2021, 01:09:49 AM
Everyone is busy to discuss about escrowed which i also support.using escrowed is the way where hunters can feel free to trust on that project.no need to worry for their payment & able to promote the project freely without doubt.apart from that, selecting the project for ivestment or bounty hunting, both are most important thing than using escrowed service cause escrowed for any scam worthless project isn't going to bring benefit to anyone
sometimes there are bounty managers who have claimed to be the project campaign escrow. they get the token from the project first before doing the campaign. usually, it is found in projects that are already on the market and the payments are also weekly. I support campaigns like that, but sometimes some projects run away after the campaign is over. and did not complete the payment. as was the case with the bountydetective mananger. they once held a new scam project. the token ended up not being distributed because it would not give anything to the participants who had joined.
member
Activity: 398
Merit: 13
#SWGT PRE-SALE IS LIVE
February 09, 2021, 04:37:15 PM
Everyone is busy to discuss about escrowed which i also support.using escrowed is the way where hunters can feel free to trust on that project.no need to worry for their payment & able to promote the project freely without doubt.apart from that, selecting the project for ivestment or bounty hunting, both are most important thing than using escrowed service cause escrowed for any scam worthless project isn't going to bring benefit to anyone
sr. member
Activity: 1221
Merit: 250
February 08, 2021, 09:42:41 PM
Considering the fact that in most cases the Bounty Hunter currently receives a reward for the work done in the amount of $ 20 (with rare exceptions) and at the same time the cost of transactions on the Ethereum network reaches an average of $ 10, it seems to me that soon many will lose interest in the Bounty It should be borne in mind that with such high gas fees, no developer will agree to send their tokens, especially if they are worth nothing.

I also believe that an extremely high fee can make the functioning of bounty campaigns very difficult. I am talking about those whose projects use ERC20 tokens. I think that all bounty hunters will have to start looking for projects with tokens created on Tron, Waves or other platforms. Escrow becomes the least of the problems at this point.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
January 12, 2021, 09:36:13 AM
^ Escrow also cannot guarantee that hunters are paid for their work. I still remember there was a bounty manager that implemented the escrow token system, but the tokens had absolutely no price because it had not been listed on any exchange. just follow the campaign that you think is suitable for you and don't hope up too much.
hero member
Activity: 2828
Merit: 611
December 31, 2020, 09:35:09 AM
It's the best solution there is for such hunters will have the opportunity to get paid and being rewarded by all the hardwork they have tenured during the bounty sessions. And with that approach it will give more pride and confidence to hunters to work hard more on bounty hunting.

Yes, obviously that is a very good thing for the project team to implement, but they also need to analyze that it is not only beneficial for one party, but must benefit all parties as well, because implementing escrow will obviously increase their costs to hire someone who really trusted in this matter.
The cost could be higher to hire an escrow but it would also come back with reputation as well. Let's say you are a project head, hired as a marketing person and they told you to spend 100 thousand dollars on marketing purposes, and you decided to put 5-10 thousand dollars on bitcointalk signatures and bounties.

Which one would you prefer, do a 10 thousand deal with each and single person here and calculate everything yourself and basically be in charge of it spending your whole day checking messages from each person? Or would you prefer to spend 1 thousand dollars on hiring some escrow and manager, and let him spend the other 9 thousand dollars? Not only it will make you look a lot more reputable and trustworthy and make people trust your project more, it will also make your job a lot easier at the same time as well. It is a no-brainer for a legit project.
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
December 30, 2020, 04:36:26 PM
I've infrequently take an interest in escrow bounties on this platform since they aren't my taste, some joined and the final product wasn't so fulfilling, to me it's about the nature of a project not getting the tokens that might be pointless, excellent project team will consistently need to keep their integrity so they will pay, postponements may occur yet in the end payments will be made
member
Activity: 658
Merit: 20
December 30, 2020, 08:16:08 AM
Well it's not necessary because there is no value yet of the coin and we never know if their project will be successful but I'm ok with that, escrow for every bounties so that we will surely receive our reward when the bounty is over or after the final calculation of the spreadsheet we get the tokens right away.
yes, we all don't know the price of the token when listing, but at least if we use escrow we can get a token according to the bounty title or allocation that has been set.
if don't use escrow and then the token price is expensive the team will definitely reduce the bounty allocation or delay payment until the price really dumps or they don't even pay at all
legendary
Activity: 2688
Merit: 1004
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 29, 2020, 01:11:33 PM
Whatever be the type of project, it's always a better option to escrow. Be they be paying weekly or at the end of the campaign.
Escrow maynot be useful in all circumstances, for example a bounty escrowed with the project token which fails to get listed on an exchange. But when the escrowed tokens or coin has a value, the bounty participants are sure to get something even if the project goes scam or refuse to pay to the participants.
at this time, I also choose to work on projects that have escrow, or something like that that can guarantee we get paid after doing some tasks. however, the use of escrow is not a disadvantage. I think spending a small amount on it is not suitable for a project that wants to grow very large. it can attract the trust of others.
member
Activity: 2044
Merit: 16
December 29, 2020, 11:59:23 AM
It's the best solution there is for such hunters will have the opportunity to get paid and being rewarded by all the hardwork they have tenured during the bounty sessions. And with that approach it will give more pride and confidence to hunters to work hard more on bounty hunting.
sr. member
Activity: 1246
Merit: 306
C U
December 29, 2020, 11:59:05 AM
Escrowed should be Compulsory for all bounty program before launched and that'll be the proper way to treat with bounty hunters. Otherwise bounty should be avoided because join bounty without Escrowed is like waste of time nowadays.i notice, good project always make excuse and delay & get disappeared suddenly.so escrowed is the only solution for solve this cheating problem by team
Your suggestion is very impressive, and it's high time some necessary step should be taken. Nowadays it's become common issue to make excuse and delay the payments towards participants. Things repeat again and again but problem is we're so desperate and impatience to join which should be changed.
The problem is that we, as bounty hunters, we are accepting to deal with these projects and give them our time. They can't scam if the community asks them to put the tokens or the coins in the hands of an escrow service. We take the blame too for letting them waste our time and run with our efforts. There's a bounty moderations platforms, we should start using them instead of interacting directly with these suspicious bounty campaigns.
legendary
Activity: 2968
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
December 29, 2020, 11:22:40 AM
Whatever be the type of project, it's always a better option to escrow. Be they be paying weekly or at the end of the campaign.
Escrow maynot be useful in all circumstances, for example a bounty escrowed with the project token which fails to get listed on an exchange. But when the escrowed tokens or coin has a value, the bounty participants are sure to get something even if the project goes scam or refuse to pay to the participants.
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