The reason why many projects do not pay for participants that I have observed for 2 years is active in participating in the campaign.
-The team fled with the sales fund
-There was a communication miss with the bounty manager
-There was a cancellation unilaterally when it was finished
Projects that have the potential to fail are better avoided to follow than later we regret that there will be a roblem when finished. Not a few at this time there are many indications that the existing project is a potential scam
Topic: Non successful projects find it hard to pay - page 3. (Read 990 times)
Hm, how about projects that successfully raise hardcap on exchanges and still deny bounty hunters their promised coins or tokens? Bounty hunting is wide and anything is bound to happen, even projects that failed to meet their softcap target still pays bounty hunters, this hunting thing is game, you can win or lose in unexpected ways
The hunters have no power to force the scammer who has been getting a lot of money but refuse to pay the hunters its reward. So many scam projects that successfully raised the funds were scamming the hunters. We have see that happened so many times. That's why so many hunters in demand to use escrow to secure their payment.
Hm, how about projects that successfully raise hardcap on exchanges and still deny bounty hunters their promised coins or tokens? Bounty hunting is wide and anything is bound to happen, even projects that failed to meet their softcap target still pays bounty hunters, this hunting thing is game, you can win or lose in unexpected ways
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If a project hit their soft cap they are obligated to pay their bounty hunters, or we can consider these projects as scammers and should be reported and tagged in the scam sections, developers should always honor their commitment to bounty hunters and their investors or they will go down and will not gain supporters, who would even think of supporting projects that do not honor their words.
It should be like that, the dev team in charge will definitely keep their promise, and if the project is truly professional, it will definitely reward the bounty hunter according to the agreement.If a project hit their soft cap they are obligated to pay their bounty hunters, or we can consider these projects as scammers and should be reported and tagged in the scam sections, developers should always honor their commitment to bounty hunters and their investors or they will go down and will not gain supporters, who would even think of supporting projects that do not honor their words.
Unfortunately, some projects, which I call "irresponsible", often break promises, some cut allocations, some delay rewards, and there are even rules that change when the distribution schedule arrives. It's really annoying, but that's the risk as a bounty hunter, ready or not, we have to be prepared.
I sometimes wonder, the dev team postponed the reward for bounty hunters for fear of being dumped? unprofessional reasons. they should be prepared for the consequences of the percentage that has been allocated.
Are new projects supposed to be well successful today to pay bounty hunters their promised payment? If they raise huge amount of money paying bounty hunters won't be a big problem, am I right ?
If a project hit their softcap they are obligated to pay their bounty hunters, or we can consider these projects as scammers and should be reported and tagged in the scam sections, developers should always honor their commitment to bounty hunters and their investors or they will go down and will not gain supporters, who would even think of supporting projects that do not honor their words.
Only two out of twenty projects will still decide to pay bounty hunters if they failed to reach softcap, Youengine did well to their promoters for unknown reasons, I was surprised too because they never raised anything close to their softcap target, don't expect every crypto project to be like this
It never going to be easy for a project that's not successful to pay promoters, if they raise very low amount of money for development they can decide not to pay a dime, it's never their fault, as a reasonable bounty hunter if a project you promote failed to raise money for development do not bother to expect anything from such project, it's not easy to look away but it's part of the risks that bounty hunters must take
If the project is successful then there will no problem to pay bounty hunters, of course the team successfully raised their target funds so they should pay bounty hunters for their work but if the project is failed then don't expect that you will get the token, but if they still distribute the tokens then it will be worthless. It is really hard to find a good project nowadays.
Not every time, there are still bad projects that will not choose to pay their bounty hunters despites being so proud to raise their hard cap. These are the so called real scammers in the crypto space, they are not afraid that their reputation will be ruined because at the very beginning they already planned it. sometimes bounty hunters would just shift to btc paying campaigns though the pay is quite low compared to bounty reward because they don't want to take a high risk anymore.
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It is really hard to find a good project nowadays.
This is true, I agree with this completely, like 100%.
let alone those who were unsuccessful in raising initial funds, those who have already had success by achieving maximum targets, sometimes they may not pay bounty hunters for various reasons.
Therefore, look for bounties whose funds for participants have been escrow by team to trusted people.
Therefore, look for bounties whose funds for participants have been escrow by team to trusted people.
No, not a guarantee, the success rate of new projects is still low, it has not change AFAIK.
It is nothing new, the success rate of new projects are low from the start but the difference is that the early projects they developers were able to collect money and now it is hard to fool the investors with gimmick projects and expect to raise money. But the problem is that we are dealing in a decentralized market and it is hard to have a change but the fact is that we will have these restrictions enforced by the government and we have to accept that considering the scams we have seen till now.Are new projects supposed to be well successful today to pay bounty hunters their promised payment? If they raise huge amount of money paying bounty hunters won't be a big problem, am I right ?
If rules of engagement are followed; then bounty payments should be paid irrespective of the outcome of the project. But in reality, most projects that end up not paying bounty rewards are the most successful ones. In a nut shell i am saying raising a huge or low amount of money is not a reason guiding bounty reward payments.
The initial intention was to pay hunters for their effort promoting a project and it was not written in the bounty thread in anywhere that if the project fail to raise money hunters won't get paid, but the unfortunate situation is, since hunters are to be paid in tokens and this project couldn't raise money to support the project that put hunters in a disadvantage whereby getting paid in a worthless tokens is similar to not getting paid.
Are new projects supposed to be well successful today to pay bounty hunters their promised payment? If they raise huge amount of money paying bounty hunters won't be a big problem, am I right ?
Absolutely buddy. If the project went successful, those budget that is allocated in bounty will be distributed to the bounty participants but if vice versa, it is either the project team will immediately stop or postponed the bounty or the team will declare bankruptcy. On the other hand, if the project became successful, the team will continue its project plan or road map and sometimes they are giving some giveaways.
Just as we all know that most of the bounties are paid in the campaigned tokens. And once a project fails, the token campaigned may end up not being printed and even if printed, the token will be useless. I don't see any point in getting paid with such token.
It is better to just walk on once a project you campaign fails. It will even be wickedness to expect payment from a project that cannot even start.
It is better to just walk on once a project you campaign fails. It will even be wickedness to expect payment from a project that cannot even start.
off course many project we found to hard pay . I think its decide to limit for people to use it. its very easy to use but not for long time .
What projects did you find that were high paying earlier this year? because I only see a few projects that can provide decent payments and are not included in the high payout category.
You can find them easily through the bounty section. The trusted developer will always become a big bet when dealing with the new project.
There are succesful projects paid by hunters without so much hassle and without trouble like delaying tactics or having kyc stuff, by that they are transparent and sincere in the beginning. Failed projects will surely not pay hunters because there are no value of those tokens in the market and that's life of hunters, getting paid or not.
In my opinion, many projects miss the opportunity to get a discount for their marketing.
Indeed, projects often do not pay because they initially did not correctly calculate the required amount for payments, in the end they simply refuse it instead of just paying less.
Indeed, projects often do not pay because they initially did not correctly calculate the required amount for payments, in the end they simply refuse it instead of just paying less.
Refuse to pay and paying less, there's no difference, it would still ruin their reputation because they violated the agreement. Though the contract is not that valid, or legally valid but reputation is very important for them to gain investors, so if they will not follow the agreement, we can assume that the project is scam that anytime will fall due to lack of support.
Things to do, learned and move on.
off course many project we found to hard pay . I think its decide to limit for people to use it. its very easy to use but not for long time .
What projects did you find that were high paying earlier this year? because I only see a few projects that can provide decent payments and are not included in the high payout category.
Are new projects supposed to be well successful today to pay bounty hunters their promised payment?
No, not a guarantee, the success rate of new projects is still low, it has not change AFAIK. If they raise huge amount of money paying bounty hunters won't be a big problem, am I right ?
Of course it's not a problem, but unfortunately, there are projects that are still not paying bounty hunters, and you will be surprise that they declared to raise a big amount of money but failed to list the project in big exchange, If you know what I'm saying, these projects are shady and they'll never pay their bounty hunters or if they'll pay, no guarantee that the price of the reward is the same as the IEO price, mostly it's lower.
If they successfull at the fund rising and wont pay bounty hunter, it can be bad image for the project, it has big chance to be scam project. Bounty hunter usually only get paid 0.5% from total dund rising which is normal in crypto or non crypto world. Bounty also usually got paid with their token.
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