Author

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

legendary
Activity: 2772
Merit: 1028
Duelbits.com
The escrow option is good for the safety of both bounty managers and hunters but I doubt the team will accept the escrow. The devil plans are behind the bounty projects and they know when or how to run the bounty businesses on public forums. The majority of bounty managers shouldn't be blamed for scam bounty campaigns because everything is usually planned by team members. The delayed bounty distribution and dumped token price is part of such devil plans by teams.
hero member
Activity: 2184
Merit: 531
I understand red trust as a way to tag dishonest people, scammers, thieves, but only when you know they did something wrong. People should not be tahhed because you suspect they could scam you.

A bounty manager who doesn't escrow can be honest and pay up in which case he will not deserve a tag or he can scam and deserve it. Tagging him before he was able to do you wrong is an abuse of the system.
legendary
Activity: 2618
Merit: 2304
If the rewards are escrowed in Bitcoin, Ethereum or other cryptocurrency from the TOP-20 of CoinMarketCap, all bounty hunters who participate in this campaign can be assured in receiving their payments. But escrowing funds in worthless tokens (or coins) is almost pointless. Of course, bounty manager will fairly and honestly distribute all tokens after the end of the campaign, but there is no guaranty whether this project is fraudulent of not.

Secondly, teams usually don't want to send a large amount of tokens to one person they do not trust. Moreover, some projects often launch TGE (Token Generation Event) only after a successful ICO, so it is impossible to escrow funds in tokens that have not yet been issued. Therefore, I am against this harsh proposal.
member
Activity: 91
Merit: 35
Firstly,  escrowing of funds doesn't guarantee a success of project or increase value of the token.

Secondly, giving a red trust to a Bounty Manager who has also worked his/her ass off to setup a bounty and manage all the stake process and numerous questions, team gives pressure of better result then they either turn scam or delay distribution isn't fair at all as BMs are also victim.

Most genuine projects will be reluctant to send huge sum of token to a BM actually as they will try to protect the value of their token as well.

The best bounty hunters can do is to do their own research and make an informed decision as to whether they want to join bounties. Joining bounty for valued token is always a gamble. Noone can guarantee the success of a project hence won't be fair on BMs to receive such damaging flag to their name unless the BM abuses the system by misleading hunters and proofs should be provided
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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

There are no rules for conducting a bounty campaign on the forum, including one that provides for escrow. However, escrow is common in signature campaigns where payment is made in BTC. If escrow is not provided for by bounty, then each bounty hunter must independently conduct research on the campaign they want to join. In addition, they should pay attention to whether the Manager has experience in conducting bounties and how successful they were in the past.

Seems unfair also to the bounty manager if he will get the red trust from a situation he has no control of. Sometimes even if they are doing their job and defending his participants, the final call is still from the team's end. So it is up to the bounty hunter how to choose the project that he will promote of. The BM can't do anything when and how the tokens allocated will be distributed. He can push the management but that's it.
hero member
Activity: 1876
Merit: 512
I  don' think it makes any sense to give any bounty manager red trust because hey fail to escrow the bounty payment, you can only do that if after the campaign the project fail to pay. I have seen manager pay from their own pocket bounty campaign fund when the projects ended up being a scam, we don't see that again in this space
sr. member
Activity: 1414
Merit: 255
100% I support if a manager who doesn't use Escrow must get Redtrus, it aims to reduce projects that are unfair to hunters and reduce managers who manage bounties, of course this will be better for bounty hunters in the future
legendary
Activity: 2268
Merit: 1655
To the Moon
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

There are no rules for conducting a bounty campaign on the forum, including one that provides for escrow. However, escrow is common in signature campaigns where payment is made in BTC. If escrow is not provided for by bounty, then each bounty hunter must independently conduct research on the campaign they want to join. In addition, they should pay attention to whether the Manager has experience in conducting bounties and how successful they were in the past.
full member
Activity: 339
Merit: 100
First they are just the people who are hired to manage the bounty and calculate stakes for the participants. They do not have the right to distribute tokens. There are actually very few projects that accept escrow now, so it is up to you to join bounty or not.
hero member
Activity: 1722
Merit: 508
You are free to create a flag to the managers that wouldn't use an escrow but I don't think any DT users would be able to support on that flag or give red tag to the manager. First thing is that it is not required to use an escrow up to now, it's still an optional.

One thing you can do. If you don't trust the manager or the project then just don't join the bounty campaign I think that's that least you can do.
full member
Activity: 1540
Merit: 102
Bounty managers must pay people in tokens in the time announced and not be delayed because investers and even bounty hunters want to make profits after working so hard the ico managers must keep in mind that the project is not the only priority and be in time for payment bring good publicity to the project.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
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.
Some manager in the past got tagged for promoting scam bounties but most of them are not going to get any tag or support for the flag because bounty manager already give disclaimer about the project and the rewards so they are not responsible if anything goes in the shady way because they also doing work for money in return.
member
Activity: 490
Merit: 16
Then you have no idea how hard it is to manage a bounty project, before doing this to a bounty manager I suggest you manage a project yourself, do you think that bounty managers are the ones that create those bounty rules? It's the project team call for every rules you see on bounty ann pages, do not punish the innocents
legendary
Activity: 2100
Merit: 1058
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 do not really suggest punishing bounty managers because there are project owners who do something wrong, obviously there is a very important case that if you end up with something wrong with the bounty, there is a bit of responsibility that comes to bounty manager as well, that person had to be more careful and needed to warn the participants as well.

But what we can't forget that the main wrong person there is the project owner, they are the ones who didn't gave what was promised, not the bounty manager. What we can accuse project owner of is stealing our work and efforts and that is as serious as stealing our money, what we can accuse bounty managers of is just doing their job badly, there is a huge difference between being evil and bad versus just doing your job bad, we all have done our job badly at least once or twice.
member
Activity: 490
Merit: 19
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 wrong, you will end up shooting yourself in the leg, just try to put yourself in the shoes of a bounty manager, you don't know what these people are going through, it's not as easy as you guys thought, before judging a bounty manager please try to take up the role first and let's see if you can cope.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
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?

Even in signature campaign that pay in btc it's not mandatory to use escrow to secure the payment of participants. That's only managers request to secure the funds to make sure everyone will have the payment. so I don't see that it's possible to happen in bounty . You are free to open accusations or flag the manager but I don't see it to be a mandatory requirements for a bountie campaign.
sr. member
Activity: 392
Merit: 250
I mean for what? We are muatualism in the bounty industry in my opinions. they take the job and we do our job as well. Most importantly need to due dilligence first, this is very important. and i'll glad to join bounty with escrow, but make red tag isn't necessary if they don't cheat, imo
sr. member
Activity: 1020
Merit: 391
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 fully agree with this position but we cannot generalize, there are many managers with excellent quality and ethics in their work. In my opinion, some rules should be taken a little more seriously.
plr
member
Activity: 1162
Merit: 24
That's has been the issue since the beginning I also am a victim of bounties that failed to distribute their tokens even though they reached their softcap, this is one of the reason I left doing bounty in ICO or cryptocurrency and joined Bitvest, you are working for nothing and you are just wasting your time, I hate to be a victim of deceit.
hero member
Activity: 1120
Merit: 554
🇵🇭
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.
Beside it's our decision whether to join in that campaign or not, if OP predfers bounty with escrow then better join only on those campaign that have escrowed fund for bounty participants since there are bounty managers I see before who did that. We just need to decide whether to join or not.
hero member
Activity: 1498
Merit: 537
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.
member
Activity: 686
Merit: 35
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.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
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.
full member
Activity: 1366
Merit: 107
SOL.BIOKRIPT.COM
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?
member
Activity: 490
Merit: 10
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
hero member
Activity: 2184
Merit: 599
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.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
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.
full member
Activity: 1890
Merit: 101
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.
full member
Activity: 952
Merit: 110
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.
member
Activity: 952
Merit: 27
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.
full member
Activity: 1064
Merit: 101
HELENA
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.
full member
Activity: 742
Merit: 128
Coinbene.com - Experience Fast Crypto Trading
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.
sr. member
Activity: 1442
Merit: 265
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.
member
Activity: 742
Merit: 16
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
member
Activity: 742
Merit: 16
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.
full member
Activity: 1498
Merit: 129
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
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
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.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
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.
hero member
Activity: 2660
Merit: 551
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.
hero member
Activity: 1344
Merit: 540
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.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
This is completely idiotic suggestion IMHO, and for several reasons:

1) Not every project wants to escrow or give away their tokens
2) Not every project wants the bounty manager to distribute, but prefer to do it themselves
3) Not every project uses smart contract to distribute, some use exchanges or proprietary wallets
4) Some projects will run bounty before TGE, so they can't escrow their tokens because they don't exist yet
5) Even if they escrow the tokens, it doesn't mean the project isn't a scam. More than 70% of scams had an actual token, which is worthless.


What i would suggest, DYOR. Don't sign up for every shit that pops up in the bounty thread. There's plenty of posts on this forum where you can get hints and clues on how to identify scams.
Don't blame others for your ignorance
sr. member
Activity: 1176
Merit: 339
https://t.me/bubbalex
I think this is too much, not all projects without escrow scams. Although it is good for the campaign and the participants, it is not always possible, including for technical reasons, for example, in Cartesi bounty tokens have not even been released at the time of the start of the bounty, but later all received payments. Bounty hunter should do own research and take risks as well as bounty managers. Witch hunt is not good, you should create flags and send negative feedbacks only in case of scam, not just because someone didn't used escrow. It is not so easy to force team to do escrow, many teams don't want to do it, they want to control distribution for hunters on their own.

It is really a hot topic and there are opposite opinions, I just dropped mine.
full member
Activity: 874
Merit: 125
You can give anyone a red trust if you think dealing with them would lead to a loss but trust except from DT members are not visible unless you view them on user settings.
Whether or not to give a red trust to bounty managers if the bounty run by them failed to reward users have always been a hot topic here. But asking for escrow is the basic thing bounty managers should to that would act as a prevention. Even if the tokens don't carry any value in the end.
member
Activity: 259
Merit: 17
Firstly I would like to thank you guys for creating this Escrow posts, this is the second one I'm reading today, thanks once again, I believe it's time we stand up for ourselves, enough is enough, if we can all come together as one we can easily decide how to handle this bounty payment evasion.

If bounty managers want us to join their campaigns they should make sure Escrow is available, can we all come to this conclusion somehow?

We really need to start something like this or the complaint of locking, not distributing will persist, imagine some projects are taking over a year to distribute, some failing to distribute after 2 to 5 months of working they keep breaking their rules, even if the token come out with no value at least we got what we worked for a long time.
member
Activity: 210
Merit: 10
The main headache here is some bounty hunters won't co-op with this plan, many bounty hunters don't care about their rights and that's why some project team refer to bounty hunters as penny workers or calling us names, not getting paid must stop but we can't control people to do things, I do wish all bounty hunters can co-op, this is the only way
member
Activity: 210
Merit: 10
Not using Escrow isn't rule breaking, that will be too harsh and unjustified, all we can do is make them start using Escrow, assuming a new bounty project got released today and it isn't escrow I expect every bounty hunters to turn away, if this happens gradually the bounty managers will make the move.
member
Activity: 266
Merit: 11
Firstly I would like to thank you guys for creating this Escrow posts, this is the second one I'm reading today, thanks once again, I believe it's time we stand up for ourselves, enough is enough, if we can all come together as one we can easily decide how to handle this bounty payment evasion.

If bounty managers want us to join their campaigns they should make sure Escrow is available, can we all come to this conclusion somehow?
full member
Activity: 2324
Merit: 175
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.
Jump to: