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Topic: Just a thought about bounties and bounty managers - page 6. (Read 702 times)

sr. member
Activity: 1022
Merit: 252
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's almost imposibble for a single bounty manager do those task because most of bounty manager are holding more than one bounty and if they have to send out the payment after the bounty ends, it will really cut their time. It can be happen if the salary of the bounty manager is so big so the bounty managers are just holding one bounty at the time but i think the project team itself won't pay bounty manager so high.
sr. member
Activity: 896
Merit: 305
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rightfully so to avoid fraud from the project team, but in this case we also cannot 100% trust the bounty manager, you understand how much is allocated to a bounty and with that much money do you believe you will put it in the bounty manager? they can run away whenever they want, are you aware of this? it is true that there should be an intermediary for this so that bounty participants are no longer cheated
hero member
Activity: 1498
Merit: 785
It all depends on the opportunity between the developer and the bounty manager. But in general the token is still in the hands of the developer and will be distributed by the developer when the bounty manager has submitted the file of participants who have done the task to completion. If the bounty manager is given the authority to hold tokens and distribute tokens, then there will be more costs to be paid to the manager.
But this method won't overcome the junk project, even though the token in the junk project distribution will produce shitcoin which cannot be sold.
sr. member
Activity: 1022
Merit: 277
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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
But why would bounty hunters will participate in untrusted bounty managers in the first place. As for me, I don't want to have any unnecessary situations which makes my situation be hard.
Paticipating in bounty campaigns handled by popular bounty managers is indeed way better than to participate in some unpopular managers.
member
Activity: 518
Merit: 28
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
sr. member
Activity: 868
Merit: 333
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?
not really, indeed the work of the bounty manager is the selection of bounty participants and after that is paid if they submit their work, then the project team processes payments, if the project team does not pay means they are scam
Bounty manager's work is only to handle the campaign for the project, they do not serve as the third party to hold the funds for the bounty participants.
It is correct that if the project do not pay it is already a scam, but I also think that if the bounty manager will hold the fund then chances for bounty hunters to get paid is high.

+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
if your idea is like that maybe many project teams feel disadvantaged, because the bounty manager might be able to run off their money, so the project team and bounty manager invite trusted people in the forum to become third-party escrow who hold project funds for bounty hunters
That is another part where there is a risk of losing the bounty allocation. That's why, choosing the right bounty manager is necessary to avoid this kind of thing.
Escrow really take a big part in here, it is to avoid scam users to run the monry for their own.
sr. member
Activity: 1918
Merit: 268
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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?
not really, indeed the work of the bounty manager is the selection of bounty participants and after that is paid if they submit their work, then the project team processes payments, if the project team does not pay means they are scam

+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
if your idea is like that maybe many project teams feel disadvantaged, because the bounty manager might be able to run off their money, so the project team and bounty manager invite trusted people in the forum to become third-party escrow who hold project funds for bounty hunters
hero member
Activity: 1274
Merit: 519
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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.
member
Activity: 532
Merit: 41
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
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