Topic: Sending wrong erc20 tokens - page 3. (Read 870 times)
Of course it will, it will significantly reduce the income of each participant and then reduce the price of the token on the listing. 1 to 9 is a lot
in my opinion there is a possibility if that happens of course other participants will not get their prizes, but they can still get rewards as long as bounty hunter who gets a lot of rewards returns rewards to bounty manager / ico team for example, but that's rare in my opinion they will certainly still take the reward and save it until the tokens / coins that are obtained are entered into exchange, there are possibilities for some projects I'm sure there are still good ones and provide more allocations for participants who cannot get prizes and there is a possibility they will replace smart contract to avoid dumps by bounty hunters who get a lot of rewards.
In this case, it's the distributor's mistake so bounty hunter's rewards shouldn't be affected. There must be a mistake in the allocation of a certain wallet address but bounty hunters and the owner of that address shouldn't be blamed. It's actually happening in some distribution of rewards.
its a possible as a theory but who is that team member who cant calculate or send right tokens to right addresses then how they will make the project but dont know never listen about that a situation, its seems impossible.
Moreover, i think such issues can be solved if the receiver willingly decides to send back the tokens.
I have never heard of this issue since I don't really join bounties but as you said that you have been in this life for so long and experienced this a lot of times. But if someone who has receive an enormous amount of tokens, it's all about the honesty and willingness that he has to return that. If he cares for his reputation and other participants, he'll return it without thinking if he founds it that the allocation for him isn't correct. But AFAIK, it isn't the manager that sends and distributes the tokens right?
oh yeah sure!! That's very possible. Especially if the transaction involved is a manual token sending then the the transaction is highly subject to human error. I have read so many incidents regarding such in my bounty hunting life. We see that everyday. And yeah, that can negatively affect other hunter's allocation since everything is coming from the same pool.
Moreover, i think such issues can be solved if the receiver willingly decides to send back the tokens.
Moreover, i think such issues can be solved if the receiver willingly decides to send back the tokens.
Is it possible a bounty provider or bounty team as the case maybe send more than what you earn on the spreadsheet to your wallet? I was reading in a bounty group where sone one said he got more than 1million token when the whole bounty pool is just 9million . won't that affect other bounty hunters from getting their reward?
If such an error occurs then the other participant's reward shouldn't be changed. Developers can do a number of ways to try to get the tokens back. They can ask the 'lucky' hunter to send back the mistakenly amounts or they can lock the token so that no one can move it from their wallet. And I think there are still many ways that developers can take.
I don't see any reason why this should affect the whole bounty participants. As a hunter, am entitled to whatever tokens allocated to me on the spreadsheet. If the team pays a participant more than he deserves, then its their own loss not mine.
Yes,when someone send to the wrong address then they are responsible for it which applies for the project team as well.But I never see such cases,only the people gave the wrong address earlier and might want to give the new address but the team had send to the old address in that case no refund for the users.
Is it possible a bounty provider or bounty team as the case maybe send more than what you earn on the spreadsheet to your wallet? I was reading in a bounty group where sone one said he got more than 1million token when the whole bounty pool is just 9million . won't that affect other bounty hunters from getting their reward?
Mistakes happens i suppose, the question is if that bounty hunter returned those tokens to the team....
I don't see any reason why this should affect the whole bounty participants. As a hunter, am entitled to whatever tokens allocated to me on the spreadsheet. If the team pays a participant more than he deserves, then its their own loss not mine.
Depending on the total supply of the project, whether it affects the project or not. For example, previously having RankingBall project, they sold billions of tokens, but when distributing tokens for bounty hunter. They sent the wrong number to some people, but it didn't affect the project much and they just stopped and distributed it correctly to the rest.
Is it possible a bounty provider or bounty team as the case maybe send more than what you earn on the spreadsheet to your wallet? I was reading in a bounty group where sone one said he got more than 1million token when the whole bounty pool is just 9million . won't that affect other bounty hunters from getting their reward?
It depends on the situation.
If you see your total tokens on the spreadsheet you should get the same amount on your wallet if and only if the mistakes on the 1 million tokens are XSEND of amount.
If the calculation on the spreadsheet is wrong there must be no reason to reduce your rewards as it is fault on their sides.
If they insist that there is no mistake then its a scam.
Is it possible a bounty provider or bounty team as the case maybe send more than what you earn on the spreadsheet to your wallet? I was reading in a bounty group where sone one said he got more than 1million token when the whole bounty pool is just 9million . won't that affect other bounty hunters from getting their reward?
It is possible I think. Human error always occur so the sender should be more careful in sending tokens or rewards. If the receiver doesn't return it or the sender lost his access to the wallet due to carelessness then that's really a problem. One scenario for this mistake is that when the sender added another zero instead of typing 1 hundred thousand tokens.
Mistakes are bound to happen but this kind of mistake is a costly one and it is not allowed to happen or probably not possible. Compare the ratio of what was given to a single person to the whole bounty pool, I think no BM would want to make that mistake or else it was a planned one to cheat the hunters. But so far I have not seen such or heard of one.
I participated in a bounty where I received double payment mistakenly. It happens sometimes because the transactions are many and they might overlook an address that they have already sent some tokens to.
Unfortunately, this happens, but rather not for the mistakes of the distribution contract, but also for the fraudulent actions of the managers of the bounty companies. After all, I am sure that each of them has a couple of multi-accounts for which he puts a lot of steaks and after the end of the bounty miraculously receives many tokens.
I think that this is a unique case, for a long time participation in bounty campaigns, I have never heard about this. There were cases when bounty hunters received less than earned, but that someone received more than deserved, this never happened.
It's not always the same. First, he could earn them there. Secondly. Perhaps the team will take risks. And in the third, yes, they can hide it and eventually cut the pool as they want.
Is it possible a bounty provider or bounty team as the case maybe send more than what you earn on the spreadsheet to your wallet? I was reading in a bounty group where sone one said he got more than 1million token when the whole bounty pool is just 9million . won't that affect other bounty hunters from getting their reward?
That one person might be participated on most of their campaigns,and you need to know what is stake based calculation.
there may be an element of accident. if there is clarification from the bounty manager, of course it will be fine.
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