Topic: Non successful projects find it hard to pay - page 5. (Read 990 times)
I don't blame projects that find it hard to pay bounty hunters because you already use the word 'non successful' ,how do you expect a project that failed to raise funds to pay bounty hunters? With what money exactly? Not every new projects will be like YOUC or others that still decide to keep their promises even when they failed to reach hardcap
If they are paying in their own ERC-20 tokens then there is no excuse for not paying since it is a token they created themselves. It is not costing them anything because they are creating value out of thin air. Maybe they should stop accepting low quality bounty hunters with fake twitter followers. Sometimes they accept so many people and have so many bounties available to join that it becomes difficult to manage the campaign. It's frustrating having to wait for payment because they are wasting time verifying useless spam posts on various social media platforms.
It is true that the project team's obligation to pay the bounty hunters as promised, but the fact is that more than 95% of the existing new projects
make it difficult to pay bounty hunters. There are many reasons they use to keep delaying payments, and they usually disappear over time. This is
what is often experienced by bounty hunters today. I can understand if the projects fail, then the projects team is having trouble pay bounty hunters.
But the problem is that there are many successful projects and the project team still makes it difficult to pay for bounty hunters. Until now there is
still no solution regarding this matter, As a bounty hunter, we couldn't do anything and all we could do was move on to the next project again.
make it difficult to pay bounty hunters. There are many reasons they use to keep delaying payments, and they usually disappear over time. This is
what is often experienced by bounty hunters today. I can understand if the projects fail, then the projects team is having trouble pay bounty hunters.
But the problem is that there are many successful projects and the project team still makes it difficult to pay for bounty hunters. Until now there is
still no solution regarding this matter, As a bounty hunter, we couldn't do anything and all we could do was move on to the next project again.
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 ?
With a new project, it doesn't matter whether you invest work, time or money. Always better double-check whether you can trust the responsible people to hold their promises.
Of course they are unsuccessful what do you expect your effort will go into? Actually there are good project that become unsuccessful due to so many scam projects and that broke the investors trust not to give their money easily or others had already learn their lesson in investing. I myself had been scam too in a project after I was getting FOMO by the scammers in their telegram channel. After all it was a regret in my part for trusting them but I had already move and forget that happen.
I have encountered projects that consider the efforts of bounty hunters. Despite being unsuccessful, they still manage to pay their participants accordingly but I've also encountered projects that don't pay their participants after they failed and that's actually the real struggle of bounty hunting. That's the reason why searching and knowing the potential of a project before joining is important.
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 ?
Its easy things for you to think that they can pay you even they don't raise their predicted amount .However a legit project always have the potentiality to raise the amount and they will pay the hunters for sure .So research yourself that which project are legit and have enough potentiality to raise up . 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 ?
this question come when the reward is promised to be paid in BTC or Ethereum. but in most cases bounty programs are paid in every project's native tokens. so I don't think there is any reason to not pay bounty tokens just because of not raising enough funds. they really don't loose anything by paying bounty tokens. maybe 2, 3 ethereums which they require as fees to send the tokens.but most of the time those projects don't even pay those worthless tokens to participants and scam them.
yes, but it is unlikely. basically they wouldn't care about bounty hunters. sorry to say honestly. Even those that are big projects or those that have been successful in the market don't necessarily pay bounty hunters, let alone a new project, even if it has raised a lot of funds?
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 ?
Why should that be a problem for project to pay her Bounty participants after a successful sales of their token or coin, a promise is a promise and once the condition is fulfilled, I don't think their should be a reason to hold back project teams to reward those who bring their projects to limelight.
Do you know how much it will cost marketing agency to promote a project on their platform? They don't even receive their pay in tokens or crypto but you pay them in fiat which must start up cannot pay them.
We are their only chance to get project advice promoted and advertise.
When a project is established, a bounty is needed to promote it. To meet their minimum requirements, I think the project team should pay our bounty rewards. Of course, these need to be investigated by bounty hunters. Now as a bounty, I like some well-known bounty hunters. After all, they examine whether the project has potential . If a project is unsuccessful, even if a bounty is issued, it is of little value.
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 ?
this question come when the reward is promised to be paid in BTC or Ethereum. but in most cases bounty programs are paid in every project's native tokens. so I don't think there is any reason to not pay bounty tokens just because of not raising enough funds. they really don't loose anything by paying bounty tokens. maybe 2, 3 ethereums which they require as fees to send the tokens.but most of the time those projects don't even pay those worthless tokens to participants and scam them.
what do you expect ?
they are not succesful so why would they pay but they should put that in the rule before they start and bounty participants must agree to that so that no complaints at the end if the bounty has fail but the bounty should be transparent and fair for the bounty participants to know that they are really have failed and it wasnt a make up story to run away with the profit that they made .
new projects not guaranteed success but most new projects now are ended up getting failed .
they are not succesful so why would they pay but they should put that in the rule before they start and bounty participants must agree to that so that no complaints at the end if the bounty has fail but the bounty should be transparent and fair for the bounty participants to know that they are really have failed and it wasnt a make up story to run away with the profit that they made .
new projects not guaranteed success but most new projects now are ended up getting failed .
Bounty hunters should be rewarded for their determination to accomplish the different tasks to promote the project. Thus, they are deserving to get a decent salary for their diligence. However, some of the team of those projects neglected their responsibilities to the bounty manager and hunter. Hence, even bounty managers complain and reported it as a scam to raise awareness to the interested investors.
For an instance:
[1] Hitmex Exchange {Scam} The owner is a fraud
Also, even if they were able to raise an amount that is capable to support their project, but it contradicts their plan to scam, they still won’t pay them.
For an instance:
[1] Hitmex Exchange {Scam} The owner is a fraud
Also, even if they were able to raise an amount that is capable to support their project, but it contradicts their plan to scam, they still won’t pay them.
Some projects pay with their coins which initially has no value. Paying bounty hunters with their own token will not hurt them as much since the value of it is not yet determined. However, projects who had only a few funds after their crowdfunding will have a hard time finishing the project they have started. Project development takes time, a lot of money, and effort. To be able to continuously, they will have to gather more investors and find ways to reach the market, advertising plays a huge role in this and how they can assure their community that their project is leading in the right direction. A project starts to crumble once investors feel that the project is not moving forward.
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 ?
It depends on a lot of factors but basically it depends upon the intentions of the team and bounty managers as well because I have seen projects with good funds raised but still deny sending rewards to hunters or keep making excuses on the other hand there are projects with small funds raised still they send the promised rewards to the hunters without any excuses so you never know how these people will handle hunters and their rewards. 
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 ?
It is not needed for a project to be well successful in order to pay bounty hunters. They just need start-up funds and allocate some of it on the gas to transfer tokens (if they are using ERC20 tokens). The problem with the bounty not being paid is that those project creator only have an idea but doesn't have any initial fund and think that they can milk investors to do their biddings. So when the project failed to collect funds, they are unable to send the reward token to bounty hunters because they actually don't have money for it.
Other projects that aim to swindle/scam bounty hunter will never pay even though they collected a huge amount of money. They use different tactics such as changing rules at implementing KYC at the end of the campaign even though it was not required in the beginning.
When a project launches a bounty company, it clearly states what percentage of the pool will be given to bounty hunters.
If the project has collected the minimum required capitalization, they must fulfill their obligations and pay awards. If the project is legitimate, then this should not create problems.
But this is theory; in practice, it works 1 out of 100.
If the project has collected the minimum required capitalization, they must fulfill their obligations and pay awards. If the project is legitimate, then this should not create problems.
But this is theory; in practice, it works 1 out of 100.
You correctly pointed out that this is all in theory. In practice, we face such a problem that most projects delay payments even when a large amount of money has been collected. The payment of a bounty hunter will be safe only when the award will be deposited with the manager.
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 some of successful projects [If any] don't pay bounty hunters, so why to blame failed ones!
I know some projects running since years and hunters either waiting for paiements or get a worthless token which has no utility in the project itself.
Hunters share the risk of fail, just like early investors, so if the project fail or in his way to fail, no differences between not paying at all and being paid with a worthless shit coin.
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 ?
What actually determines the payment of a bounty reward is the success of the project's public sale. Therefore, in my own opinion, if a project is successful in its public sale, then they are under the obligation to pay as promised but If the public sale did not went as planned, maybe a soft cap was reached, then the bounty reward will be reduced and paid, at the same time, if the public sale isn't successful, then I don't think the project team will find it encouraging to pay the bounty rewards. Thus, it shows that, the payment of bounty reward depends on several factors.
Nevertheless, many projects today finds it a big problem paying the bounty reward even though they are the ones that agreed to it; it is either they change the rules at the end or the find excuses to deny bounty hunters their rewards, only very few actually sticks to the agreement and pay as promised.
Projects that are real and have good use case will try as much as possible not to ruin their reputation, they find means to build good reputation in crypto space and gain investors trust, those type of project will never cheat bounty hunters, as a bounty always look out for such project to promote
Jump to: