Pages:
Author

Topic: Just a thought about bounties and bounty managers - page 3. (Read 702 times)

sr. member
Activity: 1330
Merit: 326
I think you misunderstood the job and the responsible of the bounty manager.
Bounty manager actually manages the whole campaign or the project itself. Selections of bounty hunters who will gonna promote the project, distribution of token rewards that the CEO gave to the manager.  The payment of the project always depends on the owner. They are just giving the trust to the manager. Well, that was my experience before as a bounty hunter.

Always select the best bounty manager to give you the benefit of the doubt. Some may forward the bounty hunters to the team itself after the promotions for the rewards but some may not and let the manager do it as well.
full member
Activity: 504
Merit: 100
Option Blitz
I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team
In fact, most of the bounty managers don't take all their money to run away, there are very few cases like that. But the more unfortunate case is that I see more and more bounty managers getting scammed every day. they are like us, working for others and when that project goes wrong or is fraud, they will have 0 salary. I also did a small bounty campaign and unfortunately it was a scam project and I didn't have any money for 2 months serving them. so don't blame the bounty managers, they're victims as well as us.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment?
Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through.

They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story.
The reputations is in stake here, if the manager will be allowed to hold the fund and serve as the escrow it should be a person who have a good and solid reputation. Developers who choose this way needs to consider that every bounty hunters are looking for good securities of receiving the share that they should have after the bounty period was over. In good faith, it can serve as an assurance that bounty participants will receive the bounty rewards once the manager already holding the funds.
I agree with that but money is very hot, even if manager with good reputation can also be tempted to steal the money if it really involves a big amount.
I don't know how the team will manage to make sure the funds are secured and they their reputation are not accepted if the manager choose to steal the money. The normal trend in the market is that the team always holds the tokens and then they will just send it after the bounty program is over, however, if its possible to do it in a weekly basis, I think that would be a wise solution.
sr. member
Activity: 700
Merit: 257
I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team
I think it still depends on their arrangement and agreement of each other. Some bounty ends up unsuccessful so it ends up nothing but sometimes ends up successful too so it depends unless that newly open bounty campaign might have a previous campaign and reopen to make another project and profits as well maybe that is the time that a Manager of that bounty can hold the payments.

There were times when the bounty manager itself are the ones taking the tokens so it would be really hard for the team to trust them too, also bounty manager can easily get those tokens and can manipulate the sheet, so the team needs to handle the tokens, I won't agree that the manager will handle it, but still depends if the bounty manager is trusted like Yahoo then why not.
legendary
Activity: 2982
Merit: 1028
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment?
Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through.

They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story.
The reputations is in stake here, if the manager will be allowed to hold the fund and serve as the escrow it should be a person who have a good and solid reputation. Developers who choose this way needs to consider that every bounty hunters are looking for good securities of receiving the share that they should have after the bounty period was over. In good faith, it can serve as an assurance that bounty participants will receive the bounty rewards once the manager already holding the funds.
member
Activity: 504
Merit: 16
Its left for the teams to decide if they are going to let the bounty manager distribute the tokens or not, sometimes new project find it hard to trust bounty managers that is why they do the distribution themselves
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team
What's been mentioned is a must, but when the project team itself fails to pay the bounty managers then how come the participants will receive the bounties. There are lot of bounty managers who take responsibility of bounty transfer, but when the team fails nothing will be distributed. Here the project team moves on looking for the development of some other project. The bounty managers are the one who gets negative trust and bad reputation.

For this reason most of the bounty managers just serve as a moderator who looks after the campaign as well as submits regular reports to the project team. Rest will be between the participants and project team.
sr. member
Activity: 602
Merit: 253
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment?
Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through.

They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story.
member
Activity: 546
Merit: 21
1. Bounty managers can run away with the total tokens
2. They can't be both trusted this is part of the risks bounty hunter must consider
3. New projects should seek out for highly rated bounty managers on this forum, they will have to come to an agreement or just avoid the headache and start following good bounty managers
full member
Activity: 1330
Merit: 248
I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team
I think it still depends on their arrangement and agreement of each other. Some bounty ends up unsuccessful so it ends up nothing but sometimes ends up successful too so it depends unless that newly open bounty campaign might have a previous campaign and reopen to make another project and profits as well maybe that is the time that a Manager of that bounty can hold the payments.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

For me I think it doesn’t really matter
Any project that will pay will do so either with an escrow or not

Sending rewards to escrow or bounty manager is not the way out
Because the token could be swapped after or before sales

The best way is to follow the right project and the right pattern of payment after work happens naturally
Whatever it is, once the bounty hunters have received their equal shares from the bounty project, it will always give credits to the bounty manager as a responsible and a reputable one. I think a bounty manager should always be a responsible one so that the bounty project he is handling will end up as a successful one.
full member
Activity: 573
Merit: 102
It actually depends on the arrangement between the bounty manager and the team. Some projects bounty are distributed by the manager and sometimes managers are only responsible on keeping track and submitting the spread sheet to the team for distribution.

I still think its wrong. Whatever the arrangement is with the Project team. It only shows that the bounty manager is incapable and lacks eptitutde. Bounty0x has exhibited such ugly attitudes in the past and hunters hate them for it. Actually, they suffer distrust and credibility issues at the moment because hunters have lost confidence in them
hero member
Activity: 3052
Merit: 606
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

I am alright with this suggestion as long as the bounty manager who holds is reputable or we can hire the service of a reputable escrow here.

But, with only few number of bounty managers that pass in my definition of reputable, I doubt the team would allow that to happen, because if bounty manager will scam, it would still affect their reputation badly, and remember that the total reward is a big amount ranging from $100K to $1M value in tokens or coins.
member
Activity: 1540
Merit: 68
I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

For me I think it doesn’t really matter
Any project that will pay will do so either with an escrow or not

Sending rewards to escrow or bounty manager is not the way out
Because the token could be swapped after or before sales

The best way is to follow the right project and the right pattern of payment after work happens naturally
hero member
Activity: 1470
Merit: 509
Yes, but also reputable bounty manager is not a warranty that you will receive your tokens.
I do not think so. Reputable BMs are not stupid enough to sell the trust they have collected over the years for a few bucks. In addition, they always know how to do their jobs well and not trust anyone. Therefore, they request that the sufficient amount be kept in escrow.

Generally speaking you are right, but I have met enough bounty managers that just scammed hunters after the end. Furthermore, not all bounty projects are managed by famous managers on this forum, a lot of bounties are held by their teams.
It is possible to face all kinds of BM in this forum, even one of the project developers can manage the bounty. It is good to stay with the reliable ones, they essentially work with good projects and they are safe enough.
member
Activity: 378
Merit: 10
Generally speaking you are right, but I have met enough bounty managers that just scammed hunters after the end. Furthermore, not all bounty projects are managed by famous managers on this forum, a lot of bounties are held by their teams.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
So, How if the bounty managers turn to scam the dev and bounty hunter?
if bounty managers hold the tokens, it would be risky for stakeholder (dev, investor, bounty hunters)

That's why bounty managers dont hold the tokens. isnt it logic?

The big problem why bounty hunter doesnt get paid is about 'dev scamming' and 'dont get good investment'
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Your point makes sense but if the bounty manager himself or herself can't be trusted there will be issues as well, to me both bounty manager and project team can fail to pay hunters, so instead i suggest to always promote projects from reliable bounty managers

No matter how reliable the managers are now, they will not be able to change the situation on the market. In general a manager is only a hired employee who does his job and only counting and distributing tokens depends on him.

As far as i know there are reliable bounty managers that you can trust immediately once he/she handles the campaign. Some bounty manager will tell to the participants right away if the said bounty campaign is planning to scam the participants. Only few bounty/campaign manager can be trusted here and the rest are still trying.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
The arrangement between the bounty managers and the team is the point here, they never want to use the escrow for holding the campaign budget. If there was an escrow, the delaying bounty distributions shouldn't happen in the first place. The changing variables are more in the bounty campaign allocations which can be reduced or increased depending on the market conditions.
hero member
Activity: 938
Merit: 500
Your point makes sense but if the bounty manager himself or herself can't be trusted there will be issues as well, to me both bounty manager and project team can fail to pay hunters, so instead i suggest to always promote projects from reliable bounty managers

No matter how reliable the managers are now, they will not be able to change the situation on the market. In general a manager is only a hired employee who does his job and only counting and distributing tokens depends on him.
Pages:
Jump to: