At the end of the day, as a bounty participant, you have to trust the project. For me,,, as long as the project appoints someone external or independent this is fine it does not need to be escrowed.
I will tell you I had even 1 experience with an escrower well respected and they turned out to be allied with a bad project that lost us all funds.
On the other hand, I have been supporting now for a long time a casino that does not escrow funds at all, but has paid faithfully for our work.
So nothing guarantees anything is what I am saying:)
Topic: Escrowed very important for bounty? - page 5. (Read 51390 times)
I did some research on past bounties of this year and those who paid bounty hunters in good amount of money aren't Escrowed, this means that we still have sincere developers in crypto space so is escrow that important? I think it's not
Well, that just makes me wanna join the not escrowed campaign. Things are just unpredictable in crypto. The ones you thought are not scams are just doing the opposite and then just gone. And the ones you thought scam somehow are just giving much for the people who promoted them. It's too difficult to say whos who in the bounty forum, you will only knew they end up scam when its over.
I think not every projects will accept escrow no matter how hard we try, this didn't mean they won't pay either, look at projects like CTSI and DIA, very successful projects indeed, the bounties aren't Escrowed, I believe this was possible because of the bounty manager
I don't think so. What pays the bounty manager is the project team. if the team flees, then the bounty manager and the hunters get nothing. I believe in fair bounty managers in distributing tokens according to the hard work of hunters. But the project team shouldn't be given complete trust. That's the importance of escrowing so that bounty managers and hunters will still receive payments when the project is successful Wxcrowed are cool but some team or project owners are now playing smart. They later change smart contract of lock excrow funds making them useless
you are literally describing the scam projects if its a legit project they wouldn't do such a thing but regardless I dont see any advantages of having escrow it would just prolong the distribution.
I did some research on past bounties of this year and those who paid bounty hunters in good amount of money aren't Escrowed, this means that we still have sincere developers in crypto space so is escrow that important? I think it's not
Escrow is a good bounty payment strategy and I fully support it but not all new projects will support this though, it's also the bounty managers that can make escrow easier by compulsory it for new projects and it's on bounty hunters to make their choices, I believe that not all new projects will follow this strategy
Wxcrowed are cool but some team or project owners are now playing smart. They later change smart contract of lock excrow funds making them useless
Recently some bounty manager practice escrow service and i think "In the silence" is one of them. I fully appreciate this. This common picture of not receiving payment at the end of the campaign can change the escrow service. I think escrow should be mandatory.
Will it be good? Suppose the project wants to cut the pool or payments due to the fact that much less funds were collected than expected, but the funds in the deposit will not allow this.
As a result, the project cannot enter the market since the allocation of bounty hunters is too high, and liquidity will not cover it. As a result, the project is trapped.
Recently some bounty manager practice escrow service and i think "In the silence" is one of them. I fully appreciate this. This common picture of not receiving payment at the end of the campaign can change the escrow service. I think escrow should be mandatory.
Of course escrow is the best way to limit scam or delay bonus of projects. However, if the projects don't want to use it, weekly token payments are also a good option. The bounty hunters will be more motivated when they get their tokens soon.
yes you are right, if the payment is made weekly, it will make hunters excited and you don't have to worry when the campaign ends, like the signature code that I use now, distribution is always done every week
It looks like the team and manager must really use the services of a third party, in this case an escrow who has proven honesty and has positive trust because then at least the bounty participants will feel safer and more focused on doing their work without any fear do not get paid after their work is completed, many managers are currently risking their good name and credibility in handling a project which results in fraud, and it is not uncommon for many successful projects to end up cutting the budget allocated to bounty participants and if this continues, of course, there will be many bounty participants who retire from their jobs and consider bounty to be a waste of work and a waste of time.
Of course escrow is the best way to limit scam or delay bonus of projects. However, if the projects don't want to use it, weekly token payments are also a good option. The bounty hunters will be more motivated when they get their tokens soon.
yes you are right, if the payment is made weekly, it will make hunters excited and you don't have to worry when the campaign ends, like the signature code that I use now, distribution is always done every week 
How many times you have faced, that successful projects refuses to pay? Of course, there are cases when they skip distributing bounty rewards, but in most cases they pay. Do such projects need an escrow? I dont think so.
But how many times bounty tokens or coins that does not have a value were distributed? Many times. Do such projects need an escrow? Do hunters need an insurance that they will get reward that cost nothing? My answer is no.
But how many times bounty tokens or coins that does not have a value were distributed? Many times. Do such projects need an escrow? Do hunters need an insurance that they will get reward that cost nothing? My answer is no.
Got your point there. Even you recieved the tokens coming out from the distributions but the developers failed to list the project
there still no value and your work is just a waste of time, with or without escrow things still relied with how the project will performed
it's best to take time following the project before participatind and work with the team.
Exactly. How much escrowing funds cost? I've seen they take % of an amount escrowed. If a project is unsuccessful and cost 0, why would escrow accept this candy paper for a payment?
If a person change 200-500$ in bitcoin, while bounty in bounty campaigns we have 5-20k$ bounty pool, projects wont agree to spend more most probably. Then this amount will be deducted from bounty pool, which means hunters will receive less. Will they agree to that? Knowing that their bounty reward might be equal to few bucks?
It seems that many bounty managers do not have the strength to enforce escrow. There have been several bounties that have been handled by the project itself and some are scams and some are paying. It looks like bounty managers just don't want their job loss. But it did kill the bounty hunter.
There must be a fair system for this work. Projects, bounty managers and bounty hunters must get the same satisfaction. But it is difficult because there are no serious rules in this forum.
Each company has a different way, perhaps some companies are afraid to give such huge sums to the bounty manager,There must be a fair system for this work. Projects, bounty managers and bounty hunters must get the same satisfaction. But it is difficult because there are no serious rules in this forum.
How many times you have faced, that successful projects refuses to pay? Of course, there are cases when they skip distributing bounty rewards, but in most cases they pay. Do such projects need an escrow? I dont think so.
But how many times bounty tokens or coins that does not have a value were distributed? Many times. Do such projects need an escrow? Do hunters need an insurance that they will get reward that cost nothing? My answer is no.
But how many times bounty tokens or coins that does not have a value were distributed? Many times. Do such projects need an escrow? Do hunters need an insurance that they will get reward that cost nothing? My answer is no.
Got your point there. Even you recieved the tokens coming out from the distributions but the developers failed to list the project
there still no value and your work is just a waste of time, with or without escrow things still relied with how the project will performed
it's best to take time following the project before participatind and work with the team.
It seems that many bounty managers do not have the strength to enforce escrow. There have been several bounties that have been handled by the project itself and some are scams and some are paying. It looks like bounty managers just don't want their job loss. But it did kill the bounty hunter.
There must be a fair system for this work. Projects, bounty managers and bounty hunters must get the same satisfaction. But it is difficult because there are no serious rules in this forum.
There must be a fair system for this work. Projects, bounty managers and bounty hunters must get the same satisfaction. But it is difficult because there are no serious rules in this forum.
Most managers know that escrowing bounties is better than the unnecessary risk of not escrowing them. But them not negotiating it from the beginning can be from greed and fear on their part. New managers will be scared of losing any bounty contract that comes their way. They rather accept to run bounties than miss it even when the reward system may not favour them. I have done a lot of bounties that did not bother to pay at all till date. In some cases the managers got tagged.
How many times you have faced, that successful projects refuses to pay? Of course, there are cases when they skip distributing bounty rewards, but in most cases they pay. Do such projects need an escrow? I dont think so.
But how many times bounty tokens or coins that does not have a value were distributed? Many times. Do such projects need an escrow? Do hunters need an insurance that they will get reward that cost nothing? My answer is no.
But how many times bounty tokens or coins that does not have a value were distributed? Many times. Do such projects need an escrow? Do hunters need an insurance that they will get reward that cost nothing? My answer is no.
Escrowed could be the safe & secure way, wanted by bounty hunters.thus hunters can work properly without tension about their reward.even team can't reduce the amount of fund if they want after escrowed but should be careful about the person whom being escrowed. Its better if he is from dt2 or dt3 cause i saw managers also cheating and get vanished with taking all escrowed fund. But anyone can't guarantee about the project even after compelete distribution
That's true, even if the coins was distributed but if the project doesn't have enough investors or didn't managed to have a trading volume or persons who wanted to buy it on the market I really don't think it will be worth it. With escrow or without the risk of the bounty hunters is really high.The risk is high, you are right. However, depositing reduces the risk that the project will refuse to pay if successful. This happens all too often.
Yes, often these coins will remain dead weight on the balance sheet, but if successful, we cannot be fooled.
Escrowed could be the safe & secure way, wanted by bounty hunters.thus hunters can work properly without tension about their reward.even team can't reduce the amount of fund if they want after escrowed but should be careful about the person whom being escrowed. Its better if he is from dt2 or dt3 cause i saw managers also cheating and get vanished with taking all escrowed fund. But anyone can't guarantee about the project even after compelete distribution
That's true, even if the coins was distributed but if the project doesn't have enough investors or didn't managed to have a trading volume or persons who wanted to buy it on the market I really don't think it will be worth it. With escrow or without the risk of the bounty hunters is really high. Jump to: