What happens to unshared bounty tokens? - page 3.

Dimm_bounty13

member

Activity: 322

Merit: 10

Tokenize Everything - https://www.udap.io/

Quote from: Bonwin on January 17, 2019, 04:40:43 AM

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

More often managers of projects themselves steal the rest of tokens using fake accounts. They can even steal honestly earned tokens from people who wait for their payments. Most people are disappointed

DeKingCrypto

full member

Activity: 518

Merit: 124

I think unshared bounty tokens are saved by the dev team, which some projects later use for promotional purpose while some just used them for themselves, and some even share them with the genuine hunters.

Ifychuks

copper member

Activity: 224

Merit: 1

Quote from: Bonwin on January 17, 2019, 04:40:43 AM

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

Your point there is the bomb. Those who do not qualify should not be given stakes in the first place thereby denying the hardworking ones their hard earned stakes. If on the long run heaters are detected, I suggest the stakes recalculated and added to those who worked hard for it.

marksayson

jr. member

Activity: 420

Merit: 1

I think it is best that for those unallocated tokens the team should decide to burn them, instead of splitting it and to distribute it to other bounty hunter player. Because it is wise to burn them because they have lower the amount of availability of the token.

Mysteryla

jr. member

Activity: 420

Merit: 3

There are cases where no matter the number of participants, there will still be left over tokens.
Take for instance a bounty where tokens are directly awarded, instead of awarding stakes, which are later calculated to tokens.
Since, it is certain that tokens will remain in this case, then, it is either the team burns the remaining or return back to reserve. It can also be used for other promotional works.

Cemploon

member

Activity: 644

Merit: 10

CurioInvest [IEO Live]

I personally prefer projects that are all transparent so we know what to do. However, there are many projects that use KYC and I think that has been delivered since the beginning of the campaign. But it seems unfair to get those who pass the KYC. And tokens that are not given I think will be deleted.

macshad

jr. member

Activity: 280

Merit: 2

This is actually a good question and something has to be done about this because after all the kyc and screening off scammers i think all this should be done before allocating tokens to the bounty hunters not after allocation then they start screening, i think the team members just share amongst themselves because have never heard bounty hunters getting more tokens than what has been allocated to them , i know some projects burn unused tokens

anggaem

member

Activity: 672

Merit: 10

Bounty tokens are part of marketing allocations, they will remain and be used in other cases, maybe unshared token will be used for trading competitions or even for airdrop.
or maybe they will sell it to get funds to be able to list on several exchanges

bezzler

sr. member

Activity: 658

Merit: 250

Quote from: Bonwin on January 17, 2019, 04:40:43 AM

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

In my opinion, it would be depends on the team of the project, some project would burned the coins, and another project could just spread the excess coins for another participants, or in another case the team would just add the excess tokens into their fund pool, for future development.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: starblocks on January 20, 2019, 07:56:53 PM

This is a bit of a gray area and is not ordinarily stipulated in the terms and conditions of each campaign however, most projects that are transparent will either re-allocate the tokens to the approved participants or burn the tokens with the unsold amount but this isn't always the case

That should be the opposite things and a lot of platforms are not transparent for that. They can change it anytime because they have control over all of the bounty funds. Not so many platforms are being transparent in this time.

starblocks

hero member

Activity: 1344

Merit: 502

This is a bit of a gray area and is not ordinarily stipulated in the terms and conditions of each campaign however, most projects that are transparent will either re-allocate the tokens to the approved participants or burn the tokens with the unsold amount but this isn't always the case

jacafbiz

hero member

Activity: 2128

Merit: 530

PredX - AI-Powered Prediction Market

I don't know why people are concerned about the unshared bounty tokens as long as the manager paid your own tokens in full, trying to probe into in this unshared tokens do not make sense to me, this is left to the discretion of the team to use it for what they like since they have fulfilled their own commitment to you

freya louis

jr. member

Activity: 104

Merit: 1

Quote from: Bonwin on January 17, 2019, 04:40:43 AM

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

Yes, it is not uncommon for us to find such a bounty. Unmarked tokens may be stock for investors. For them, there are certainly many places to allocate these tokens. So let those who handle them know better than us. But if we get cheating in the bounty it is obligatory to criticize.

chanler

member

Activity: 753

Merit: 15

mulierum.com

I have ever faced this condition for several times. I didn't get the bounty because missing to pass the KYC progress that needs more than one step. Commonly I have passed the first KYC process, but in fact there was an additional form to fulfill and I missed it. I got nothing after work for 3 months. This is so sad. But i cannot do anything.

daporivera

jr. member

Activity: 402

Merit: 4

From what I know, unshared tokens are always burnt. Heard people talk about bounty managers and the team behind the project sharing up the left over token. Presently, can't verify how true that is.

Plecet Bank

member

Activity: 588

Merit: 10

For tokens that are not shared, of course, there are various considerations. As market conditions collapse, shipping costs are still expensive and can even be a project that is fraud. It all depends on how we determine the Bounty project we must be more careful.

Mysteryla

jr. member

Activity: 420

Merit: 3

The team of the project most times device on what to do to tokens that are not distributed due to one reason or the other.
Sometimes, the tokens are added to those in reserve, which will be used for the growth of the ecosystem, such as using it for more partnerships.
In some situations, they are burnt.
There are times that they are used for more campaigns.

elite070

copper member

Activity: 112

Merit: 0

www.codex.one

Quote from: Bonwin on January 17, 2019, 04:40:43 AM

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

What? those who didn't buy when the ICO phase runs out? Some putted it into the liquidity pool if they are an exchange project and some burns it for fairness and goodness of the project.

donadoni212

full member

Activity: 456

Merit: 100

Borderless Mobile Finance Marketplace

Quote from: Bonwin on January 17, 2019, 04:40:43 AM

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

Yes, your opinion is good. which I know the remaining tokens will be burned so that the value of 1 token will be more stable. the existence of regulations will have a positive impact on participants participating in the campaign.

nebuch

member

Activity: 588

Merit: 11

Expectations does not mean to happen due to some reasons such us unknown persons behind the project, market turns to red, natural calamities, unwanted result of the campaign. The unshared bounty token would be use for another round or maybe burned. The power to change the rules is in the hands of the admin passed to the hands of manager.

Topic: What happens to unshared bounty tokens? - page 3. (Read 6518 times)