Escrowed very important for bounty? - page 9.

X-ray

hero member

Activity: 2898

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: lienfaye on November 08, 2020, 05:49:50 PM

Quote from: Slingshot on November 08, 2020, 05:44:19 PM

I have decided within me that I will never join a bounty that isn't escrowed because if some certain things. I have witnessed many scams from project owners and many other doesn't pay after doing months bounty for them and some would pay little out of thousands. Even some would pay when project has turned rubbish. I prefer escrowed bounty to others.

Its a wise decision because you can prevent joining in shit projects. Having an escrow is an assurance of getting paid and all your efforts will be worth it. Thats why I refrain from joining in bounty for now and chose a btc paying campaign. Scam projects are still existing making it hard to find a good bounty that will likely to give profit.

bounties with btc payments are only a few now, not to mention that participant registration is limited, only a few people can join, and payments using btc are very strict, I prefer to choose bounties that are managed by people who are quite famous, although not all coins have a high price

The result of our reward depends on the price of coin. We do agree to take the risk on it and that's our responsibility when sometimes it didn't meet our expectation but in this case the altcoin managers could take the bitcoin campaign as an example about how good the campaign when it was using escrow or the manager itself became an escrow.
I see some campaigns have been doing this but it's only a few campaigns.
The only thing that makes it quite difficult to happen is how to deal with the team to use escrow.

gabbie2010

sr. member

Activity: 2590

Merit: 322

SOL.BIOKRIPT.COM

Quote from: Slingshot on November 08, 2020, 05:44:19 PM

I have decided within me that I will never join a bounty that isn't escrowed because if some certain things. I have witnessed many scams from project owners and many other doesn't pay after doing months bounty for them and some would pay little out of thousands. Even some would pay when project has turned rubbish. I prefer escrowed bounty to others.

Boumty hunters who participated in an Escrowed bounty campaigns are rest assured of prompt payment at the end of their work irrespective of whether the tokens or project will be successful in a long run.
I am also a victim of non payment of a bounty campaign after several weeks of work unfortunately the bounty manager disappeared without showing up in the forum all effort in contacting him and the project team via telegram proved abortive.
However its quite unfortunate that many bounty hunters don't bother about Escrowed campaigns any longer especially the newbies they join as many campaigns as possible to earn many paying and non paying projects.

harapan

sr. member

Activity: 1736

Merit: 306

Quote from: KaratX on November 08, 2020, 04:44:03 AM

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

but at least we can get tokens from our work as long as we support the project, instead of working but not getting anything, and it could be that our tokens are not valuable now but in the future it can provide a surprise. One point that I agree with your saying, do not only see from Escrow but also see the potential of the project

tycsols

member

Activity: 812

Merit: 10

BountyMarketCap

Quote from: Jocuserious on October 31, 2020, 01:40:56 AM

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...

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

When there will be so many scam campaigns where bounty hunters will not be paid for their work, they will think that they are wasting there time here, they will be discouraged so numbers of hunters will reduce and campaigns will find it hard to attract hunters, so definitely market needs solutions and escrow could be the one of them.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: longyenthanh on November 07, 2020, 05:36:07 AM

Quote from: South Park on November 06, 2020, 01:29:30 PM

Projects keep doing this because they know they can get away with it, there are so many people doing bounties that they know that even if a significant number of bounty hunters refused to participate on their campaigns they will still have enough people to participate and treat them in whatever way that they want, when I think about it I cannot help but feel a little bit of pity for those people as they are willing to work on the worst possible conditions just to receive some tokens that at the end may not be worth anything at all.

In most cases, I don't feel sorry for those who join a campaign that looks like a scam at first glance. Unfortunately, sometimes I get the feeling that half or even most of the bounty hunters are farmers and bots. They apply to campaigns when in threads experienced users clearly warn that it is a scam. And then I absolutely do not feel sorry, because I think most of them are scammers. So let the scammers cheat on the scammers - this is a draw. If someone does not want to spend a few minutes to read the rules and half an hour to check the project, I think it is laziness and if he loses his time because of it, I do not feel sorry for him either. And in such cases, escrow will not help anyway.

You have a point but if they are using bots then most likely they do not care either way as bounty hunters using that kind of technology most likely are not worried if a coin turns out to be a scam since they did not wasted their time at all since the bot was doing their job for them, this means that this is going to be very difficult to solve, after all scam projects can get all the promotion from those bounty hunters and then refuse to pay and those bounty hunters will not even blink as they can participate in hundreds of those campaigns with no downside to them.

Santri

full member

Activity: 1092

Merit: 101

Quote from: Jocuserious on October 31, 2020, 01:40:56 AM

I would like to say to all professional managers that Escrowed is very important

yes you are absolutely right

Quote from: Jocuserious on October 31, 2020, 01:40:56 AM

1. Hunter will decrease

It is proven that at this time the spreadsheet was not filled with members, unlike 2017 which could reach 30k participants

Quote from: Jocuserious on October 31, 2020, 01:40:56 AM

2. Team cheating step will increase

yes this will also increase the scammers because they consider Hunter as a free promotion and maybe I would do that if I had a project

lienfaye

hero member

Activity: 2912

Merit: 629

Quote from: Slingshot on November 08, 2020, 05:44:19 PM

I have decided within me that I will never join a bounty that isn't escrowed because if some certain things. I have witnessed many scams from project owners and many other doesn't pay after doing months bounty for them and some would pay little out of thousands. Even some would pay when project has turned rubbish. I prefer escrowed bounty to others.

Its a wise decision because you can prevent joining in shit projects. Having an escrow is an assurance of getting paid and all your efforts will be worth it. Thats why I refrain from joining in bounty for now and chose a btc paying campaign. Scam projects are still existing making it hard to find a good bounty that will likely to give profit.

Slingshot

sr. member

Activity: 616

Merit: 250

I have decided within me that I will never join a bounty that isn't escrowed because if some certain things. I have witnessed many scams from project owners and many other doesn't pay after doing months bounty for them and some would pay little out of thousands. Even some would pay when project has turned rubbish. I prefer escrowed bounty to others.

Strotman

member

Activity: 588

Merit: 10

Bounty Detective

Quote from: yurez on November 08, 2020, 09:27:11 AM

Escrow is a very good thing, it ensures that the tokens are distributed on time and in the originally specified amount. Without an escrow, the team can reduce the amount of the bounty campaign reward or issue it after a few months.

Unfortunately, it does not guarantee that the project team will not decide to change other conditions, for example, they will decide to extend the bounty without increasing the reward, or add more campaigns to blur the shared pool.

mianvicky1

jr. member

Activity: 121

Merit: 2

This is a really big problem. We must all come together for this, So that all the companies that do this to us can learn a lesson. If a company does that, So we should report their social media networks. Because we are the ones who are moving the project forward.
Escrow is really good option. All bounty managers need to think about it.

Mpamaegbu

legendary

Activity: 2688

Merit: 1208

Once a man, twice a child!

Quote from: Rowenta on October 31, 2020, 02:16:37 AM

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

Those projects you mentioned were managed by Bubbalex, a manager of high repute. I promoted the first one (Cartesi) but didn't enrol in DIA. Bubbalex has the love of hunters and respect from the bounty community I guess that's why hunters rush to be in his bounties even when they know the rewards are not escrowed. However, what I just pointed out here isn't to belittle the need to escrow rewards by bounty managers. In fact, escrowing rewards should be seen as a necessary addition to the contract managers make with project owners. Having rewards escrowed will even save managers the risk of being called scammers or of their accounts getting tagged by DT members if project teams scam hunters.

yurez

hero member

Activity: 2520

Merit: 711

Escrow is a very good thing, it ensures that the tokens are distributed on time and in the originally specified amount. Without an escrow, the team can reduce the amount of the bounty campaign reward or issue it after a few months.

nomenclatur

sr. member

Activity: 1344

Merit: 250

Escrow is very necessary but all of that does not guarantee that all bounty hunters will get their tokens, just look at some of their projects that don't pay and tend not to want to pay bounty hunters. The most important thing for bounty managers is finding solutions for payments to bounty hunters, most importantly top coins like the usdt and ethereum, binance coin is a coin that is highly prioritized for bounty hunters.

Ezravdb

hero member

Activity: 1680

Merit: 506

Trphy.io

That's pretty good advice for any Bounty manager to use escrow when receiving an offer to manage a bounty from a company. If this happens, of course the fate of the Bounty participant will be profitable because once the Bounty is finished the Bounty participant will get a token for their hard work.

Vishnu.Reang

sr. member

Activity: 1974

Merit: 453

Quote from: KaratX on November 08, 2020, 04:44:03 AM

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 would be cautious. I have no doubt that we have a number of very trusted bounty managers, but my thinking is that escrow is necessary. The issue here is that you can trust the bounty manager, but not the project team. What will the campaign manager do, in case the project team refuses to transfer the tokens? Obviously he is not going to compensate everyone out of his pocket.

efxtrader

full member

Activity: 924

Merit: 100

GoMeat - Digitalizing Meat Stores - ICO

Quote from: zidanw on November 08, 2020, 08:04:47 AM

Yes that's important for the safety of the participants but still it's still not safe for some shit or useless tokens even if they use an escrow if the coins has no value or use at all then it's no different from not using an escrow. If the project is really serious on paying the participants it doesn't matter if they will use escrow or not.

Agree, if the team is committed to the campaign created, hunters should be paid even without escrow. Escrow may be safe for payment but I think it's meaningless if the project itself is a scam project and the token goes useless

zidanw

sr. member

Activity: 1162

Merit: 258

1xbit.com

Yes that's important for the safety of the participants but still it's still not safe for some shit or useless tokens even if they use an escrow if the coins has no value or use at all then it's no different from not using an escrow. If the project is really serious on paying the participants it doesn't matter if they will use escrow or not.

Shasha80

sr. member

Activity: 1876

Merit: 318

It's true that escrow can ensure bounty hunters get paid, so it is very important that bounty managers require the projects team
to agree to use escrow. If they don't use escrow, there are a lot of cheating that the project team does against bounty hunters,
because project teams can change the regulations regarding payment problems when the promotion projects will end. For example
tokens will be distributed after the hard cap is reached, which is detrimental to the bounty hunters.

SyndicateLabs

full member

Activity: 882

Merit: 100

Quote from: tarable on November 08, 2020, 06:19:32 AM

Quote from: RabbiTANK on November 08, 2020, 03:41:02 AM

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

That's right, escrow is only a helper for high-quality project payments or special paid projects like Bitcoin which are often in sub-forum services, other than that I don't think there should be an escrow to start a new project.

The escrow data appears not much and they are very quality projects, I see when the project they want to pay bounty with stable coin or ETH, BTC, ... I believe they are. get great support from investment funds. But such projects in this market give me more peace of mind when participating, but sometimes I want to learn about the project carefully and I like to receive the project's tokens and accompany their development. In the future, this will be great when there are interactions between the parties.

tarable

full member

Activity: 1258

Merit: 104

Quote from: RabbiTANK on November 08, 2020, 03:41:02 AM

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

That's right, escrow is only a helper for high-quality project payments or special paid projects like Bitcoin which are often in sub-forum services, other than that I don't think there should be an escrow to start a new project.

Topic: Escrowed very important for bounty? - page 9. (Read 51341 times)