Topic: The sincere bounty managers should escrow bounty rewards - page 6. (Read 730 times)
It's hard to get escrow from projects that conducting ICO or IEO but its great to know that Julerz12 always managed to get it. Joined his Guide campaign before and its a smooth transaction since its escrowed. Aside from him the only trusted manager who handle altcoin or none btc is CryptopreneurBrainboss and Yahoo too. Hope upcoming altcoin campaigns in the future would be handled by these guys. This process surely will reduce unpaid campaigns that complained mostly by hunters.
Campaign manager Julerz12 is one of the best bountt manager because they are are the one who manage and also who heolding the funds so the participants will really get the reward and that is very nice because manager did not want to wsste the time of bounty hunters I hope more manager will do that too.
This is the time for them to do that because there is a lot of scam bounty campaign now. Or maybe they escrowing bitcoins funds and after the reward sent to the participants the manager will be sent back the bitcoins to the team.
This is the time for them to do that because there is a lot of scam bounty campaign now. Or maybe they escrowing bitcoins funds and after the reward sent to the participants the manager will be sent back the bitcoins to the team.
He and BountyHive have been escrowing their bounties all the time to ensure the safety of the rewards of the participants. Which is the good thing to mimic for those who want to become a respective bounty manager some have exemption like Yahoo and the others because they already know what kind of project is real. Those who have just started this kind of career should adopt those methods to increase the rate of legit projects in our community.
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.
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
They should unite and follow Julerz12 lead, one of the big issue now is developers delaying or not distributing the rewards of the bounty hunters which they deserve after working months to promote their project, it's not good for project to withhold the distribution, they will be reported by bounty hunters in the scam section and this will tarnish their reputation. 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 would be 1 step towards safety and a boost in participants right to receive the rewards. Though it doesn't exactly prevent the project from scam or the token not being able to list on any exchange or getting no value. All users can be sure is they get the bounty tokens. That's several folds better than no insurance at all.
saving hunter bounty tokens through escrow or manager is a good decision because many projects that cut allocations do not even want to pay the hunter, although it is not a guarantee that tokens will be valuable but at least hunters get full payment from their work
right, for the first time the rights of the prize hunters must be fulfilled with the distribution of tokens. sometimes many projects cut in half the number of tokens that should be received. therefore the manager who is indeed a bridge between the project and the bounty hunter, if he is fully responsible, of course, will increase his rating going forwardlegendary
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eXch.cx - Automatic crypto Swap Exchange.
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.
Escrowing funds of a campaign automatically makes the campaign look authentic in regards to participants getting paid and that's what most campaign owners refused to understand. The authenticity of getting paid doesn't guarantee the campaign (project) becoming a successful one but it does give a upper hand in scenario when that is the case. Bounty campaign paying in altcoins especially those that are currently worthless due to lack of value as a result of them just beginning and haven't been listed on an exchange are already high risk since there chances of succeeding are minimum.
Now trusting an unknown project + manager to pay you for your service render when you're done with the promotion is adding more risk to the already existing one. Any quality manager will always escrow funds of their participants to reduce the chances of the campaign owners scamming his/her participants although some exception might be recorded.
saving hunter bounty tokens through escrow or manager is a good decision because many projects that cut allocations do not even want to pay the hunter, although it is not a guarantee that tokens will be valuable but at least hunters get full payment from their work
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
If any campaign manager do not think about their participants, no one should work with them. Julerz is a good CM along with Hhampuz and yahoo. I really liked that he eescrowed the GEOMA Dao payment.
If you are talking about escrow bounty rewards, and if it is done by campaign manager, who will guarantee that campaign manager will not scam? Please check the reputation board and see how a lot of campaign manager is stealing rewards, abusing the bounty.
If you are talking about escrow bounty rewards, and if it is done by campaign manager, who will guarantee that campaign manager will not scam? Please check the reputation board and see how a lot of campaign manager is stealing rewards, abusing the bounty.
I guess what's important is the token to be listed in an exchange, for me, escrow is not important anymore as long as the member handling the account is reputable, getting the token but end up not listed or listed in a bad exchange is just like being a bag holder of useless coins.
At this time, it's really hard to find a profitable bounty campaign, but let's continue believe that in the future it will change as the altcoins season will eventually come, all we need is just more reputable bounty managers to ensure campaign participants will not be scam.
At this time, it's really hard to find a profitable bounty campaign, but let's continue believe that in the future it will change as the altcoins season will eventually come, all we need is just more reputable bounty managers to ensure campaign participants will not be scam.
I'm quite sure every bounty manager would had love to escrow the bounty allocation to prevent cases of their participants not getting paid but I don't think they're to be blame since the project developers hiring the bounty manager has the final say as If they're not interested in escrowing the funds there's nothing the bounty manager can do and if he/she regrets the job, other managers will be willing to take up the job.
This is the problem here.
One BM will not accept the offer but others will get it.
So if you are a substandard project that has short term goals you will get a substandard BM also.
And someone will really get the job even if it is real cheap.
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
This much is true. I've tried participating in bounties where the pool is escrowed but with certain terms such as KYC, which I know is normal in some bounties and the lockdown period. Devs will always protect investors' interest. However, this can ensure bounty payment which most bounty hunters desire.
Possibly this won't solve anything from these scammers, they can actually give out the tokens to the bounty managers and never would list on any shitexchange. Experience has shown that, many of these scam projects come through some good and reputable managers just to get traction from people who seem to trust these managers. Also, holding the tokens or escrow the said tokens means nothing to scam but would save the stress of the managers be see as a manager that doesn't pay hunters.
Yes i agree with you especially after so many scams in the last 20 or nore months that has really hurt bounty market, there are not much active hunters available now for new campaigns so yes there is a requirement for escrow and also more measures that will boost trust and revive this industry.
I'm quite sure every bounty manager would had love to escrow the bounty allocation to prevent cases of their participants not getting paid but I don't think they're to be blame since the project developers hiring the bounty manager has the final say as If they're not interested in escrowing the funds there's nothing the bounty manager can do and if he/she regrets the job, other managers will be willing to take up the job.
I believe it was a good intent to protect the participants and community as well as a whole but even though the rewards have been escrowed by the BM itself or another person it never gives assurance that the project will succeed or it is being listed to any exchanges which are the most important thing to be sure about. Scams are not new to us and I know that we are all aware of it (I hope so). Maybe it was just lucky enough if that certain project will succeed because most projects created at this time are turning into dead. It is not about being escrowed but it matters how the team work on it.
Keeping bounty funds in escrow does not stop I'll treatment on the hunters by projects. Some projects can be outright scam yet funds are escrowed that re ders the tokens useless upon distribution. Stable coin payments bounties should be encouraged.
I have great respect for Julerz12 his campaigns are always clean, never delay stakes calculation, applies some method to weed out spammers and escrow bounty tokens since developers may change their mind as regards distribution and actual reward. If other managers are sincere enough, they too should start escrow and let's see how developers will scam hunters.
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
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
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
If we are being honest with ourselves, this is just the way forward for bounty hunting in 2020 and i am glad that julerz is leading the way and setting pace as regards escrowed bounty.
This gives opportunities to cheerful and willing hunters, another recent example is the bounty detective / btcltcdigger latest bounty IOI GAME
The payment is confirmed to be secured, even though escrowed details where not shared.
More offers like this, and bounty world will be joyful once more.
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