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Topic: Should we compensate bounty hunters when ICOs fail? (Read 998 times)

jr. member
Activity: 190
Merit: 1
Yes for me because they work to promote the project and to recognize it so that the ICO succeeds or fails to pay the bounty hunters right. This is their right because they have worked hard and suffered for it.
full member
Activity: 1204
Merit: 102
like the team will not compensate for a failed project. after all who wants to buy coins from a failed project? so we can only surrender.
member
Activity: 196
Merit: 11
It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Your suggestion is good but if you think practically, Projects launch ICOs to collect the funds to carry on their project to achieve their goals but what if they fail to collect the targeted funds how they will pay hunters??? To get rid of this they mention tokens will be paid to hunters if they achieve their softcap & also as a hunters we have complete control of taking decision which campaign we need to join or not. Its better to choose campaign by studying their teams, what technology they are bringing, their future scopes to conclude whether you will get the rewards or not at the end of the day.
full member
Activity: 941
Merit: 100
Obviously there will be no compensation for bounty participant if the project/ICO failed. Since the project not mentioning about any kind of compensation if the project would end up failed.
actually it all depends on the team that developed the project. sometimes even if they don't reach the desired sales target, they will continue to run the project so they will still pay the hunter bounty. but most if there are projects that fail to reach the target other than extended, they will decide to stop the project and the bounty hunter will get nothing.
sr. member
Activity: 658
Merit: 250
Obviously there will be no compensation for bounty participant if the project/ICO failed. Since the project not mentioning about any kind of compensation if the project would end up failed.
member
Activity: 434
Merit: 10
the bounty hunter certainly agrees they still get paid. but for the manager who runs sure thing is hard to do. from where the funds to pay the bounty is certainly a hard thing solved because the ICO does not produce anything. When the ICO fails then I think there still will not be compensated and only an apology.
member
Activity: 407
Merit: 14
Collectrix-Bridgin the physical and Virtual worlds
Personally, I do not think bounty hunters should be compensated when a project doesn't work out because investors actually invested funds and that is why their invested funds are returned, but bounty hunters invested time and time cannot be returned.
member
Activity: 546
Merit: 21
All bounty hunters should be aware that not all bounties you spend time on will be successful ,bounty hunting is a risk as its sure that many projects will fail and only few will succed
full member
Activity: 560
Merit: 105
I think no, no for sure why? Because there's a contract between you and the bounty program, bounty program will pay you if the softcap reached, and I think bounty hunter only give small impact in the project because let me tell you, if you have 1000 friends only 10% will read you post carefully and from that 10% only 25% that think to join but still unsure, and only 5% from that 25% join the project...
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
I think that compensation should be obtained, but in reality it is very difficult to achieve good communication. The project will always shirk responsibility, and nothing will be obtained at the end.
copper member
Activity: 462
Merit: 10
Even though it's a good idea but that wouldn't be possible.  Which fund will the project use for the compensation?  When raised funds were refunded to the investors and team has no money on themselves
jr. member
Activity: 406
Merit: 2
It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

I like this idea, as a bounty hunter this idea will ensure us doing jobs that is futile. But which ICO or who will be responsible for this payment and with this being implement i am sure the bounty hunter participants will be very limited.
member
Activity: 333
Merit: 10
If this is true from the perspective of God, the bounty hunters should be compensated for the heavy losses. But the scammers are not believers, so no one will make up for the losses for the losers. This is impossible to achieve.
member
Activity: 279
Merit: 11
I do not think that the idea as a whole had such a meaning. The most important thing that bounty hunters today do not get anything even if the project really got a lot of money and goes to the stock exchange. It is strange why people are silent about this.
No one can complain and sue them. I participated in many campaigns in 2018, they succeeded and listed deals but they did not distribute bounty, when I asked them at telegram, I was banned and they ignored me, everyone else was the same
full member
Activity: 658
Merit: 102
It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
As long as ICO’s activities remain unregulated by states, bounty hunters will not be paid compensation for their work if the ICO project fails and does not collect even the minimum amount for its activities. Things may change if such regulation is implemented. As a general rule, the provision of any services should be paid for and this is not a problem for bounty hunters if the ICO team fails.
hero member
Activity: 1820
Merit: 515
★777Coin.com★ Fun BTC Casino
Not really,since we agree terms of their campaign but some of the projects have given compensations when their projects got failed at ICO level for the bounty participants so it really depends on the team but not necessarily need to do,if hunters want they need to join with bitcoin payment campaign.
full member
Activity: 602
Merit: 100
I do not think that the idea as a whole had such a meaning. The most important thing that bounty hunters today do not get anything even if the project really got a lot of money and goes to the stock exchange. It is strange why people are silent about this.
member
Activity: 238
Merit: 12
It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Before starting a bounty, The bounty manager should ask the ICO team to deposit some amount of ETH as a security deposit that can be used to compensate bounty hunters, in case the team decides to stop the project.
copper member
Activity: 112
Merit: 0
www.codex.one
It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

No, I guess not, the ICO team invested too much of their hardwork for the project and compensating the bounty hunters might be not a good idea to do since they do not completed the ICO in a successful way. Maybe they might provide a little compensation but not the actual bounty pool allocation.
copper member
Activity: 140
Merit: 0
www.codex.one
Most bounty campaign make it clear that bounties will only be paid when a certain amount of money is raised. With such caution, I don't think any compensation should be paid to them.

In this case, it is still good to be grateful to the people who helped the bounty even that the project is not successful. Just a little amount might do well. just a compensation for their hardfork and contribution to the project.
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