The sincere bounty managers should escrow bounty rewards - page 5.

litepool.ru

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Quote from: palle11 on April 06, 2020, 12:15:19 PM

I believe one better way of cleaning up the mess of scamming bounty hunters in this forum is for Bounty Managers to escrow bounty rewards either to themselves or with a trusted member.

Bargaining with project developers is a contractual agreement and so, a bounty manager among other things can and indeed should introduce escrow as condition for accepting to handle the bounty. And I believe this will help to flush out fake, ingenue and scamming bounty managers out, this place will be cleaned up.

This escrow is very possible as I have seen a bounty manager successfully doing that with at least two bounties that I know of, with escrow boldly stated. With this kind of escrowed bounties, you don't have a choice than to be committed and give in all because you are sure at the end, you will be rewarded accordingly, no waiting for exchange listing, launching of website crap stories, refilling of another form which will deny hunters who didn't see the information because they have moved on , or KYC.

So far, Julerz12 account as a manager has successfully done escrowed bounties. I guess two that I know of, below is their bounty thread links we can check :

https://bitcointalksearch.org/topic/endedno-kyc-geoma-dao-cares-for-the-future-bounty-pool-wescrow-5223521

https://bitcointalksearch.org/topic/ended-ieo-bmyguide-connecting-travellers-all-around-the-world-wescrow-5208770

Other BM should adopt the escrowing bounty rewards style

This is a good way for bounty hunters to receive their tokens on time after completing the bounty. But it doesn't help them make any money because the token needs to be listed in exchanges so we can sell it, if these projects are not developed and listed in exchanges then I think that we only receive worthless tokens

bitcoinst

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This manager had another bounty in which he used escrow for rewards. It was called DAXICO, it was a cryptocurrency exchange.
As a result, at the end of the bounty, everyone received payments, but the project itself turned out to be a scam.
I lead to the fact that escrow is not always a guarantee that you will be paid with something of value.

BlackFor3st

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Quote from: palle11 on April 06, 2020, 12:15:19 PM

I believe one better way of cleaning up the mess of scamming bounty hunters in this forum is for Bounty Managers to escrow bounty rewards either to themselves or with a trusted member.

Bargaining with project developers is a contractual agreement and so, a bounty manager among other things can and indeed should introduce escrow as condition for accepting to handle the bounty. And I believe this will help to flush out fake, ingenue and scamming bounty managers out, this place will be cleaned up.

This escrow is very possible as I have seen a bounty manager successfully doing that with at least two bounties that I know of, with escrow boldly stated. With this kind of escrowed bounties, you don't have a choice than to be committed and give in all because you are sure at the end, you will be rewarded accordingly, no waiting for exchange listing, launching of website crap stories, refilling of another form which will deny hunters who didn't see the information because they have moved on , or KYC.

So far, Julerz12 account as a manager has successfully done escrowed bounties. I guess two that I know of, below is their bounty thread links we can check :

https://bitcointalksearch.org/topic/endedno-kyc-geoma-dao-cares-for-the-future-bounty-pool-wescrow-5223521

https://bitcointalksearch.org/topic/ended-ieo-bmyguide-connecting-travellers-all-around-the-world-wescrow-5208770

Other BM should adopt the escrowing bounty rewards style

Many are adapting the escrow of bounty rewards but they cannot force the project owner if they didn't want to and if the bounty manager will insist to ask for an escrow of bounty rewards the project owner can easily replace him or find other bounty manager that can run the bounty campaign without escrow.

Most of the bounty managers will just accept the terms of the project owner especially if they are paying a good amount of money for running the bounty campaign. So as a bounty hunter, it is our duty to double check any bounty campaign that were being launch so we can avoid those shit projects or scam projects out there and it is not a good habit to blame the bounty manager alone.

LbtalkL

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Escrowed Funds might be good for bounty hunters but it is not guaranteed that it will have some value, Like for example, they have escrow a token with no value. Hunters will be guaranteed to receive their respective rewards without any adjustments it's a good thing most of the managers adjust the allocation after the bounty which is not good. But in majority, it all depends on the success of the project if their token will have a value in the future.

DabsPoorVersion

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Quote from: leea-1334 on April 07, 2020, 04:18:06 AM

If you know most bounty projects well,,, this is not possible for majority of token bounties. Most projects do the bounties BEFORE the token is even created or listed, so none is liquid, they only distribute the tokens AFTER the token sale, so that is usually weeks after the bounties end! So it is not really possible to work like this if you want to work with ICO projects.

It is true, most bounty projects created their tokens or the rewards itself at the very end of the project once they have collected enough funds,

The funds collected are their basis on how many tokens they can create and the allocation they have for bounty campaigns. It won't be possible for those kinds of projects.

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Quote from: gabbie2010 on April 07, 2020, 04:10:14 AM

Quote from: rahmatullah9305 on April 07, 2020, 02:48:58 AM

Quote from: Bitbtc8 on April 07, 2020, 02:13:35 AM

But do not forget that escrow campaigns does not determine the outcome of the project you promote, you will surely get your tokens but they can still be worthless

Yes, that's right, escrow in a project campaign only guarantees participants in terms of payment, not in the price of tokens, because the issue of the price of tokens depends on the interest of tokens in the market.

I once participated in an escrowed project which later turned scam despite the fact that all the hunters were paid with the tokens however the exchange that is expected to get the token listed later turned hoax, personally escrowing a bounty is not a yardstick for a successful campaign although it is prerequisite for scrutinizing bounties.

So we need to go back where signature campaigns are either paid in btc or eth. If all campaign managers will stick to this payment method, I think users here will be happy and at peace. But the funds should be escrowed also. When almost all token projects started to pay their own tokens, that's when campaigns started to get sour and turned a lot of hunters to bitter ones. Before, having escrow is like a must. Now, it is just optional.

leea-1334

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If you know most bounty projects well,,, this is not possible for majority of token bounties. Most projects do the bounties BEFORE the token is even created or listed, so none is liquid, they only distribute the tokens AFTER the token sale, so that is usually weeks after the bounties end! So it is not really possible to work like this if you want to work with ICO projects.

shoreno

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only julerz12 have done this ? thats strange because there are so many bounties on this forum and so many managers are managing them as well . i guess there are others that are doing this idea too but you arent only aware with it but that is good , atleast you share your expereince here and recomend julerz12 . the next time hunters will follow julerz so that they can save time and research because they know that they have a chance of joining a good bounty with this manager . i recognized julerz too . he was too perfectionist but not strict at the same time unlike others that perfectionist which affects thier atitude too .

gabbie2010

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Quote from: rahmatullah9305 on April 07, 2020, 02:48:58 AM

Quote from: Bitbtc8 on April 07, 2020, 02:13:35 AM

But do not forget that escrow campaigns does not determine the outcome of the project you promote, you will surely get your tokens but they can still be worthless

Yes, that's right, escrow in a project campaign only guarantees participants in terms of payment, not in the price of tokens, because the issue of the price of tokens depends on the interest of tokens in the market.

I once participated in an escrowed project which later turned scam despite the fact that all the hunters were paid with the tokens however the exchange that is expected to get the token listed later turned hoax, personally escrowing a bounty is not a yardstick for a successful campaign although it is prerequisite for scrutinizing bounties.

Becky666

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Well, Bounty Managers have flooded the forum and there's difficulty of actually figuring out who among them are working with these scammers.any accusations had been made on on some managers who refused to pay their bounty hunters because they seem not to border about their bounty hunters getting paid after promotion.

The recent one that happened was a fight between the manager and the project team, they accused the manager of scamming them $145 without delivery positively to their project. I wonder what should be the happiness of that bounty manager who intentionally ignore their bounty hunters but derives pleasure to seek for their payment from the team.

If this will be possible: No manger should seek for their payment without securing the payment for the hunters after promotion and if anyone fond guilty about this should be ban or file.

Strongkored

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I have included this in my personal list if I want to join the bounty

Quote from: Bitbtc8 on April 07, 2020, 02:13:35 AM

But do not forget that escrow campaigns does not determine the outcome of the project you promote, you will surely get your tokens but they can still be worthless

Be valuable or not that is another story that is also a problem, but the focus of the discussion here is how to safe the fund so the hunter still got the token/payment.

Quote from: QueenVera on April 06, 2020, 05:03:20 PM

-snip- other managers will be willing to take up the job.

So the hunters can't blame the BM when join bounty there's the payment not escrowed.
Hunters should educated their self to avoid the scam from project and also the BM need to learn how to minimize being scam from project and protect the participants.

Lexurdania

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Quote from: palle11 on April 06, 2020, 12:15:19 PM

I believe one better way of cleaning up the mess of scamming bounty hunters in this forum is for Bounty Managers to escrow bounty rewards either to themselves or with a trusted member.

Bargaining with project developers is a contractual agreement and so, a bounty manager among other things can and indeed should introduce escrow as condition for accepting to handle the bounty. And I believe this will help to flush out fake, ingenue and scamming bounty managers out, this place will be cleaned up.

This escrow is very possible as I have seen a bounty manager successfully doing that with at least two bounties that I know of, with escrow boldly stated. With this kind of escrowed bounties, you don't have a choice than to be committed and give in all because you are sure at the end, you will be rewarded accordingly, no waiting for exchange listing, launching of website crap stories, refilling of another form which will deny hunters who didn't see the information because they have moved on , or KYC.

So far, Julerz12 account as a manager has successfully done escrowed bounties. I guess two that I know of, below is their bounty thread links we can check :

https://bitcointalksearch.org/topic/endedno-kyc-geoma-dao-cares-for-the-future-bounty-pool-wescrow-5223521

https://bitcointalksearch.org/topic/ended-ieo-bmyguide-connecting-travellers-all-around-the-world-wescrow-5208770

Other BM should adopt the escrowing bounty rewards style

With escrow, bounty hunters will be calmer in doing their jobs without the need to do too detailed research. Many campaigns do not pay to hunters and I think this is a negative action for the project itself and will have an impact on reputation and will influence investors not to invest

palle11

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Quote from: Bonwin on April 07, 2020, 02:57:23 AM

but the best would still be to pay and escrow payments in BTC, ETh, or other top 10 coins on CMC.

Sure but I think what we are now having in bounty is exit scam. Shady people now deciding to scam others by building shit project inform of token and decide to reward with the shit token. The iillicit intention of many project is to sweep people's money and run off.

Back then in 2017/18 , I witnessed the era of btc/eth signature campaign but not now.

isaac_clarke22

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I was once a participant in Julerz12's campaigns long time ago, and it went smoothly.

There are quite many escrows services offered here and I am still confused why do some devs still don't use escrow in making a bounty campaign. Some said that they weren't up to the service charge but it just doesn't make any sense why they still had the thought of starting a campaign.
Not using escrow just makes the campaign less trustworthy but not fully untrustworthy unless it is solely ran by a reputated person in here.

Bonwin

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That is one of the things that made me respect Julerz as a bounty manager. Since he has been able to successfully do it, it means other bounty managers can do likewise.

On the other way round, as much as escrowing the tokens for the bounty, I hope we all know that the project team can decide to swap their tokens after the sales might have ended. That is another strategy they might use to eliminate the bounty hunters or prevent them from trading immediately on an exchange, until the time the team desires. Which might keep the bounty hunters in waiting.

Although, what was suggested by the OP is good, but the best would still be to pay and escrow payments in BTC, ETh, or other top 10 coins on CMC.

rahmatullah9305

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Quote from: Bitbtc8 on April 07, 2020, 02:13:35 AM

But do not forget that escrow campaigns does not determine the outcome of the project you promote, you will surely get your tokens but they can still be worthless

Yes, that's right, escrow in a project campaign only guarantees participants in terms of payment, not in the price of tokens, because the issue of the price of tokens depends on the interest of tokens in the market.

palle11

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Quote from: QueenVera on April 06, 2020, 05:03:20 PM

and if he/she regrets the job, other managers will be willing to take up the job.

That's one of the points then. The shit bounty scammers managers will take it up you mean right Huh

Quote from: thesmallgod on April 06, 2020, 04:27:55 PM

While this might reduce the issue of scam, I still do not think it stop the dev from depriving them the necessary things. Take for instance, many projects in which I have participated will give all hunters the token as allocated but they will lock it so that it can't be traded. Sometime they will create another smart contract thereby rendering token given to hunters useless

Easy, if that happens after escrow and the bounty manager is a reputable and trusted manager who has telegram group or presence on the forum, he can permit and instruct negative advert for the project via social media, Twitter and the likes.

You did a positive publication, you can also do the other way when project is listed and lock bounty reward for hunters.

bittraffic

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Julerz12 Is great, he had established himself already. Bounty managers should just be considering what he is doing to prevent these scams. Hope Julerz12 will also consider escrowing BTC, ETH or some other coins that has value and listed on the market already. There are still teams that can easily create another token making the ones put in escrow worthless.

Bitbtc8

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But do not forget that escrow campaigns does not determine the outcome of the project you promote, you will surely get your tokens but they can still be worthless

Wildwest

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So far there are many scamer projects and we can no longer believe with the manager who manages the project, but for the dev julerz12 indeed the project can still be relied on and the division of prizes is always going well as possible because it applies escrow so as to avoid scamer, if escrow can be relied on for the gift of gifts then the team managing other projects can be used.

Topic: The sincere bounty managers should escrow bounty rewards - page 5. (Read 730 times)