What happens to unshared bounty tokens? - page 6.

repear7

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Activity: 1026

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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?

many bounty hunters have difficulties in KYC problems because of various things, so they don't get the proper gift. For some bounty managers it is a gap to cheat because the number of bounties has been set at the beginning. I agree that all screening must be completed first, before bets are calculated to be more transparent

alrose

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Activity: 720

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In 2017, most projects counted tokens from the entire bounty pool, regardless of the number of participants in the bounty program.Ie if the signature of the company were 2 people the whole pool passed into their hands.Now this is simply not.If the number of participants is small, then the bounty pool in all different ways either cut or distribute tokens based on the last count of the spreadsheet.I don't know where the team sends Unallocated tokens,but this is clearly not fair to bounty participants.If I believe in the project and advertise it in different ways, why not divide the bounty pool equally?I think it would be logical.

papagravel

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Activity: 490

Merit: 11

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?

I have long said that KYC is needed by project developers in order to reduce the amount of payments for bounty hunters.
I don’t know where exactly the remaining tokens go, but I’m sure that they are never divided for the remaining bounty hunters who have passed the KYC.

Ini35

member

Activity: 448

Merit: 12

Quote from: S[m]OKE on January 18, 2019, 03:09:27 AM

Not distributed according to the idea should be burned, but something can hardly be believed. Most likely, they are sold in the future.

That is the issue with untrusted bounty managers or team. Transparency is sometimes an issue when it comes to some ICOs.
There were some projects done in the past, who gave the entire tokens to those who were qualified, but this is mostly done when the project is managed by the team itself.
If the tokens are distributed by the managers, they are likely going to be held back by him, if there are leftovers.

TheWalkingCoin

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Activity: 532

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When you got ICO was success and touch hard cap and listed at market with higher price, but you are bounty campaign participants do not received you token, maybe better forget it because the team of bounty campaign manager is fake, I have got one campaign until now never get payment.

S[m]OKE

member

Activity: 252

Merit: 10

Not distributed according to the idea should be burned, but something can hardly be believed. Most likely, they are sold in the future.

various

sr. member

Activity: 854

Merit: 267

That actually depends on who keeps the bounty tokens are and how the calculation is done. Some bounty tokens can be on escrow, and if they first eliminate the cheaters and do the distribution of the reward in that way, there will be no unshared tokens left behind.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Maybe the unshared bounty tokens will be back to the project, or it gets burned because I know some coins do this. The unshared bounty tokens can be a new airdrop to many people so they can get more tokens. Or maybe they will give all of the tokens allocations for the bounty hunters no matter if they get more than before. But if you want to the true answers, maybe you can ask with every dev owner or the teams so that you will know the right answer.

asriloni

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: herurist on January 17, 2019, 10:50:33 PM

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?

They will burn it but sometimes they keep going but using share system, meaning dividend. Developer know that as risk and they already have solution, burn it and create again. The problem is burn token meaning they not success with the project, people will think twice before join their next project. Become developer is not easy but keep going is more important than burn.

That depends on the developer's decision, some of them are distributing the unsold tokens to the participants while there are others platforms are sending back it to the wallet to be used for the marketing purpose. The rest of platforms are burning it.

Meryn

full member

Activity: 248

Merit: 100

I have already asked the bounty manager or the official telegram, they did not answer it. even though they distribute it, but this is not fair. for those of us who pass KYC, we should get more tokens than those that do not pass KYC. it should be like that. but they ignore us.

perla

hero member

Activity: 1932

Merit: 504

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?

If my opinion, It is all depends on bounty manager. Before he put all coins/tokens beside of stake, he must count again stake for those who KYC if he plan to do it. So, what reports they give to project's team, already exclude people who not do KYC. And then bounty allocation wouldn't changed.

Vaculin

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Activity: 2940

Merit: 613

Winding down.

Quote from: Bagani on January 18, 2019, 12:39:28 AM

Absolutely agree on that, but most of the teams on the project are not transparent enough to tell the community this kind of stuff. They will not re-allocated the rewards for those who are not qualified to do the tasks. But I encountered one project that burned all of the allocated tokens to those who does not qualify.

That's a good example of a good team, they are transparent and they will earn the respect of the investors to that.
A project team should also do things for the best interest of their investors, if what is written in the white paper, it should be followed.
Withholding bounty not distributed will cast doubts to investors, because they are the one who are really concern even in small details.

Bagani

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Absolutely agree on that, but most of the teams on the project are not transparent enough to tell the community this kind of stuff. They will not re-allocated the rewards for those who are not qualified to do the tasks. But I encountered one project that burned all of the allocated tokens to those who does not qualify.

Santri

full member

Activity: 1092

Merit: 101

you speak bounty who must do KYC, they should be tokens that do not pass KYC must be allocated to participants who have done KYC but it all returns to the team's policy from the project, sometimes they take the token with reasons for future development

ccsang

full member

Activity: 910

Merit: 103

it's depend on project owner, my past experience is most of the campaign unallocated tokens will give back to project owner and used for project development funds, sometimes bounty manager decided recalculated the stakes and give all the tokens as rewards, but bounty allocated tokens only 1-5% of total tokens, so no need to worry too much about that.

herurist

sr. member

Activity: 1680

Merit: 259

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?

They will burn it but sometimes they keep going but using share system, meaning dividend. Developer know that as risk and they already have solution, burn it and create again. The problem is burn token meaning they not success with the project, people will think twice before join their next project. Become developer is not easy but keep going is more important than burn.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

I should think that the right thing would be that the unshared tokens would be the possession of whoever is holding the token distribution, either the BM or the project company. We should also realize that having the tokens left over may not have com planned. There are cheats everywhere. The social media is a terrible place.

alberdina

member

Activity: 644

Merit: 10

This kind of thing has been felt by many Bounty participants, which makes everyone disappointed. Tokens are not given for various reasons, even though bounty hunters work on projects 2 to 3 months. Of course, this is not fair if they do not receive tokens because they did not pass KYC. I hope things like this have a better chance going forward.

indobitcoin.tk

sr. member

Activity: 700

Merit: 250

Maybe this indeed could not be known to him. for every manager will have the ways and measures of their own to the token that is not distributed. may be added to the participant could be even. transparency in matters like this that have not been discovered until now and be a secret from the manager that is running.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Should be based on the terms of the bounty program, but if there are cheaters it's not wise to share it to those who are entitled to receive the bounty since they did not make an effort to earn over what is stipulated in the terms. What I like is just the team should always be transparent so there will be no chaos in the end.

Topic: What happens to unshared bounty tokens? - page 6. (Read 6518 times)