Should we red tag and create a flag for ICO bounty managers that do not escrow - page 2.

laredo7mm

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Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

There are not any official rules about it so they are not breaking any rules by not doing escrowed. So they can't be red-tagged.

Mulann2

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You should be red tagging the project that refuses to use escrow and not the bm, have you forgotten that bm can only follow the rules of the project team! When the team refuses to use escrow what else can bm do,
Besides some project don't generate tokens until a day or two to listing in exchange, as a result they can't escrow their tokens.

gabbie2010

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Escrowing a bounty campaign doesn't guarantee the success of the project, I had participated an escrowed campaigns that ended up as scam having believed in the credibility and trust of the manager whereas it was the project that scammed hunters.
Personally I always took bounty campaigns as gambling with a risk of either paying or not, I am very sure newbies participate in many bounties with the hope of receiving rewards in at least half of those projects.

Adreman23

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I think putting red tag to bounty managers that did not use escrow is wrong, There is no rules yet coming from btt staff like mandatory to use escrow to every bounty campaign, if there is no rules yet so there is no violation or they did not break rules and no reason to put red trust to them. On the other hand assume there is a rule and what if all trusted bounty managers accounts have red trust on their accounts what do you think will happen?

Greatchu

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It's not the bounty manager's plan to use Escrow or not, the project team can easily say no and find other bounty managers, we should only demand for escrow from bounty managers and decide to leave their campaign if they don't use Escrow

khiholangkang

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Escrow only guarantees we will be paid, but does not guarantee that the project is legitimate. What should be given a red trust is the manager who is promoting a scam project, because he only cares about himself without caring about the hunter.

Rodeo02

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Quote from: Stanlo on October 31, 2020, 06:24:00 AM

Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

This is another definition of injustice, you could end up with many red tags yourself lol, what did bounty managers did wrong mate? They are only following the teams order, even if a bounty manager decided to pull the escrow stunt it's on the team to accept or decline.

If that's what you want why not make your own group of bounty hunters that will support the accusations if ever you make one. because one of the manager or project owner didn't pay all of the participants in the right time.

Every campaign has a lot participants and that's enough vote for the account to be flagged . You need to support each other to be able to win that accusations and the more participants support is much better .

For escrow you need to ask the escrow if they are accepting tokens to hold or if the manager is willing to hold the fund before starting a campaign here.

Sirait

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Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

^ I strongly agree that bounty managers must require developers use escrow service, this is just to keep the hunters and investors at ease.

IMO, this topic is more suitable to be discussed in the META thread because it relates to the proposed program.

Stanlo

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Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

This is another definition of injustice, you could end up with many red tags yourself lol, what did bounty managers did wrong mate? They are only following the teams order, even if a bounty manager decided to pull the escrow stunt it's on the team to accept or decline.

pilosopotasyo

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If the project looks dubious and shady and they do not want to escrow they should be tagged, honestly it's hard to impose on the developers, because they have a lot of options, like managing their own campaign, or getting other bounty managers who will not ask for escrow, even if you tagged these bounty managers, bounty hunters will still join, there are bounty hunters who join and actively promote even if there is already bad reports on the project they are promoting.

kidbounty

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I guess none of this is the bounty manager's fault. I think if there is a choice between using or not, all managers prefer to use Escrow. the problem is the project team, they are to blame. There are lots of bounty managers who are exposed to redtrust simply because they are part of the shit project. this too should concern us all.

Lhaine

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Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

Actually not , if you know the manager doesn't escrow the funds or the token payment and you think it's not secured on your side. The answer is simple do not join no one is forcing you to join in a bounty that you don't like to be one of their advertiser.

If you want a secured payment then join only in a campaign that give you a secured payment before they start the bounty's.

bigcash2011

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Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

I think its time to run bounty campaigns professionally, either the forum team or another platform should register bounty managers as well as the project team and then the team should send the campaign reward tokens to the trusted escrow team. Who after campaign end should either distribute reward tokens directly or transfer them to bounty manager for distribution. Without a proper system bounties will continue to disappoint.

joseyphil82

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Some projects are exchange based and they aren't ERC20 tokens, how will they introduce escrow? It's never going to work, some haven't even launched their tokens yet, believe it or not, what you are aiming for won't be possible for many new projects

joseyphil82

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Oh boy, this doesn't make any sense, do you know many escrowed bounty project that bounty detective team released? Majority of them still failed, escrow doesn't guaranteed that the projects will become successful, if they failed to raise fund those escrowed tokens are waste.

thesmallgod

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Unless the bitcointalk staff makes Escrow for bounty hunting compulsory and the bounty manager did not comply. That is when we can admit that the bounty manager has breaking the rule and can be red tagged. Since nothing like this exist, there is nothing anyone can do to them. Many of them do write disclaimer post at the bottom of a bounty post, stating that they are not part of the team

Bttzed03

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It's an abuse of the trust system if you tag BMs on the basis of not having an escrow alone. There was no violation (yet) to begin with and there's no evidence that they'll run away. However, they can be tagged if proven that they were negligent in doing their job and that they knew something fishy is going on but decided to run the bounty campaign anyway.

I do agree that hunters can force these projects to escrow the funds. Bounty managers can do the same. Hunters can if they do not participate while managers can refuse to run their campaign.

What you should really ask is why external bounty managers don't reject/drop these campaigns with no escrows? It starts with them. If the argument is that the team can still launch it on their own, hunters can just ignore it.

btcltcdigger

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Quote from: btc_angela on October 31, 2020, 03:35:27 AM

Majority of the projects doesn't want to escrow, that's a fact, so bounty managers doesn't have the power to force them to used escrow. If he/she insists, then the projects has the options to hire other bounty managers, simply as that. Yes, I love the idea of having an escrow, but it should be mandatory, unless the projects themselves are willing.

This!

They simply see a bounty manager, no matter how respected or trusted he is, as a liability, and won't release funds directly to him. Yes, that "might" be an indication of scam, but in my experience, it's just people from non-crypto world entering crypto market, and don't know how things work. And that's fine.

And as said above, if you insist on escrow, they will just find a different manager and/or do the bounty themselves.

btc_angela

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Majority of the projects doesn't want to escrow, that's a fact, so bounty managers doesn't have the power to force them to used escrow. If he/she insists, then the projects has the options to hire other bounty managers, simply as that. Yes, I love the idea of having an escrow, but it should be mandatory, unless the projects themselves are willing.

cryptomaniac_xxx

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Quote from: Saisher on October 31, 2020, 01:47:41 AM

This is for bounty managers who are working on projects who are launching ICO and IEO why not giving them red tag for not doing escrow and make this a must for bounty managers, we have seen so many complaints about project that's been locking, delaying and not distributing the bounty, even if you are not a DT you can create a tag or a flag and let the community support, it's time that something like this happen to protect the community of bounty hunters.

I disagree giving them red tag, bounty managers are just the middle man here, you can't just accused or flagging them because the projects turns out to be a scam. They themselves was a victim here, they don't have total control of what the project, whether locking, delaying and not distributing the bounties. That's the risk that every bounty hunter should have in mind before joining.

Topic: Should we red tag and create a flag for ICO bounty managers that do not escrow - page 2. (Read 519 times)