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?
Let us do understanding both sides the dev is willing to compensate all hunters if they can only have all resources but we must realize how expensive to launch a legitimate ico project and if this fails to gather soft cap meaning the managements have losses already and to pay all bounty hunters is not affordable for them at that moment so whay we do is move on and stop expecting when hunters and the managements both are lost 
Topic: Should we compensate bounty hunters when ICOs fail? - page 7. (Read 1072 times)
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?
Bountimg hunting is a task with preset rewards. The way and manner in which they are stated makes it very less formal and not contract binding. But I think bounty hunters should be paid because they're giving a task and they perform it to their abilities. Depending on the level of quality of your product you're staked. This means that every person who qualified to be staked should be paid.
Compensation for bounty hunters for their effort is good. But if we talk about that the ICO failed. I don't think that they will give off compensation for bounty hunters. I myself is a bounty hunter but before the ICOs start their bounty campaign they already set rules about that thing if the ICO didn't reach its soft cap.
Actually there is no way hunters can be paid if project failed because the payment of the bounty is dependent on the success of the projects. Even investors that contributed in the first place are refunded. Just move on and count your loss.
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 dont think they should be paid because the main reason for conducting a bounty in the first place was not achieved. How then should they pay for an incomplete job or a failed job. The meoney raised from investors is what is meant to be used to pay hunters; If at the end of the ICO, soft cap was not reached and investors are reimbursed, how then are they supposed to pay hunters. Its a simple logic that does not require a lot of thinking.
No.
And let me tell you a little secret.
Do you know why everyone hates bounty hunters?
Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.
Look at it this way, if an ICO did not reach softcap, it can be said that the marketing department didn't do their job.
They didn't bring enough traffic, positivity, and hype to the project.
so shouldn't they be fired for failing and bringing the company down with them?
If you actually really did work so hard and the time you put in was so valuable, then where are your results?
Shouldn't you be held responsible as a freelance marketer for the company?
And if the ico failed because the company was terrible, why are you working for them in the first place?
If none of this occured to you than, yeah, it means only one thing: you are UNPROFESSIONAL.
The majority of them are unprofessional. Let me guess if we remember about the bankera project which is created by a scammer and then there was a lot of bounty hunters that still wore the bankera signature while the majority of people have known it as a scam project because the CEO was defaulting hundreds of bitcoins And let me tell you a little secret.
Do you know why everyone hates bounty hunters?
Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.
Look at it this way, if an ICO did not reach softcap, it can be said that the marketing department didn't do their job.
They didn't bring enough traffic, positivity, and hype to the project.
so shouldn't they be fired for failing and bringing the company down with them?
If you actually really did work so hard and the time you put in was so valuable, then where are your results?
Shouldn't you be held responsible as a freelance marketer for the company?
And if the ico failed because the company was terrible, why are you working for them in the first place?
If none of this occured to you than, yeah, it means only one thing: you are UNPROFESSIONAL.
No.
And let me tell you a little secret.
Do you know why everyone hates bounty hunters?
Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.
Look at it this way, if an ICO did not reach softcap, it can be said that the marketing department didn't do their job.
They didn't bring enough traffic, positivity, and hype to the project.
so shouldn't they be fired for failing and bringing the company down with them?
If you actually really did work so hard and the time you put in was so valuable, then where are your results?
Shouldn't you be held responsible as a freelance marketer for the company?
And if the ico failed because the company was terrible, why are you working for them in the first place?
If none of this occured to you than, yeah, it means only one thing: you are UNPROFESSIONAL.
And let me tell you a little secret.
Do you know why everyone hates bounty hunters?
Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.
Look at it this way, if an ICO did not reach softcap, it can be said that the marketing department didn't do their job.
They didn't bring enough traffic, positivity, and hype to the project.
so shouldn't they be fired for failing and bringing the company down with them?
If you actually really did work so hard and the time you put in was so valuable, then where are your results?
Shouldn't you be held responsible as a freelance marketer for the company?
And if the ico failed because the company was terrible, why are you working for them in the first place?
If none of this occured to you than, yeah, it means only one thing: you are UNPROFESSIONAL.
Well, if you think about it, the most noble thing to do is compensate them but, come to think of it, funds that has been gathered all throughout the campaign period has been refunded back to the respective investors. Who will pay for thse bounty huters? And also, the people behind the ico are not compensated for their work as well, or so i thought.
I think they will not pay. If they do not reach the softcap, they will refund the investor, and the money paid to the bonus hunter will be postponed for the next round.
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?
Actually bounty hunters made an effort also in the project but as you said what if the ICO's failed so we have nothing to do with it even we want us to be paid, I know they will not paid because they don't have money to pay. 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 bounty hunting theres always risk of not getting paid. Sometimes especially when project is failed. But that's how bounty hunting works all we can do is wait and hope that every finish project we can receive some rewards.
Why would they be compensated? you joined a bounty which means that a reward will be given to you when they become successful.
You have to look for a bounty that you are aware of the risk, not all of them are good and not all of them has assurance that they are going to end successfully. But if a bounty has their own pocket to run the marketing then you must be lucky enough to join a well compensated one.
You have to look for a bounty that you are aware of the risk, not all of them are good and not all of them has assurance that they are going to end successfully. But if a bounty has their own pocket to run the marketing then you must be lucky enough to join a well compensated one.
It would be great, but how exactly could this be done? I mean, you can't pay bounty hunters with money you don't have, especially if you have to refund the investors first, what is there left then? Some projects have really great ideas and team members are great as well, but fail nonetheless, because the hype is not right or they don't have the money to create that hype.
I don't think the developers's project will compensate when ICO fail. When bounty hunter join any campaign, they have to comply with the rule of campaign, and the risk when ICO fail, just like investors.
I don't also think that any compensation should be paid to them if the ICO fails because there is no engagement toward hunters; means that they are not in the same level of investors who are the investing their own money when hunters are not investing in their efforts. If it will be mandatory to may them then ICOs will choose looking for a marketing services compagny that assume better promotion with professional materials. ICOs are in need for hunters because they share the risk of fail; it's a kind of gumbling for bounty hunters unless ICOs that are backed by known compagny or assuming success by different factors; in this case, those ICOs pay hunters with btc or eth and hire known reputable managers as forum moderators.
So don't expect any payment if the ICO fails.
So don't expect any payment if the ICO fails.
I do not think investors should be compensated if a project fails (unless a case of fraud and most times the money is spent anyways). When your a bounty hunter, you take a risk that your work may not pay off. Its the nature of investing. I do not believe in safety nets for calculated risk.
Rather than agreeing with that I think there must be some agreement before bounty starts so everyone should know what is going to happen to themselves if ico is not success.
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?
yes, they should also be compensated for the role of bounty hunter is also very important. Indirectly bounty hunter also helps promotion and become a buzzer through social media. 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?
Of course NO.
The moment a user joined any bounty campaign, they are dealing with the risks that at some point there are chances that they might not be paid off. It's not a mandatory to paid bounty hunters if no money have been raised. Where they will get the payment since they paid the investors.
That's how risky joining bounty is. Don't expect some payment if the ICO failed.
And I don't see any tiring works for 8 weeks for copying and pasting social media reports in social media campaign. It got become a tiring work because some guys joined multiple campaigns. The effort are seen in article campaign, signature campaign and translation campaign. But for social media, it's not a tiring thing to do.
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.
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