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Topic: What happens to unshared bounty tokens? - page 7. (Read 6499 times)

hero member
Activity: 1005
Merit: 500
January 17, 2019, 09:45:29 PM
#50
I think this is very fair, so I almost don't participate in the settlement of weekly wages in tokens, only participate in the settlement of weekly wages by number of shares, so I can get a higher reward.
sr. member
Activity: 1162
Merit: 252
January 17, 2019, 08:18:10 PM
#49
in some cases I see if the bounty uses kyc and there are participants who do not do the kyc their rewards will be in total and some will be distributed to participants who do kyc but there are also those that are stored as their team
full member
Activity: 602
Merit: 100
January 17, 2019, 06:21:44 PM
#48
In bounty campaigns I participated after the participants get their stakes there is a week or two period for complaints where everybody can raise his issues. After that period the stakes are recalculated according with the changes and there are no remaining stakes or coins, all are split among the participants. What you mention is a problem with KYC participants who do not pass it. Some projects burn the remaining tokens or they go the the reserve funds.
member
Activity: 322
Merit: 17
January 17, 2019, 04:47:24 PM
#47
It is realistic and most useful to all
That these codes are burned because no one actually
deserves them according to the laws of the campaign
This will reduce the supply of goods and thus benefit everyone.
 
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
January 17, 2019, 04:40:35 PM
#46
You are very right with that and I have also been worried over such token and also the real allocation in their white paper which in some cases allocating 5% of the total supply but 2% were used for bounty and the remaining 3% were not used but after listing you find out that the total in circulate are not showing that as unsold token but among the total supply which show unfair from developer side as many of them are not trustworthy but used those token as reward for themselves and it is very bad to the industry as a whole.
full member
Activity: 383
Merit: 100
January 17, 2019, 04:36:07 PM
#45
My view is the same. Usually team don't distribute these tokens and nobody will see them. It would be better to distribute the rest of tokens between hard-working bountyhunters. The difference isn't so big but it's our money.
member
Activity: 686
Merit: 11
January 17, 2019, 04:36:00 PM
#44
I wanna  believe this input is one of t best ways to handle this issue well. It's quite cool if this  can be done to reward the faithful and diligent soldiers who have done the work well.
copper member
Activity: 230
Merit: 1
January 17, 2019, 04:31:46 PM
#43
I will go with you about the screening and KYC done before tokens are calculated but I also believed that the undistributed token are most at time burnt which a project I participated in did that but also some dubious BM can just keep the tokens for themselves
jr. member
Activity: 378
Merit: 1
January 17, 2019, 04:06:31 PM
#42
In my own understanding, for what is happening to unshared bounty token, it goes to the BM in my own opinion.
It is on the jurisdiction of the BM on how are He going to do it. Because the only token that will be burn is the unsold token, not the bounty allocated in the campaign.
If unshared bounty token go to bounty managers, then that might make some of them to start cheating. They might always aim at bounty participants not getting g all their tokens. It is possible he creates even fake entries by himself in order to cancel them at the end and direct the tokens to himself.

The OP has actually given good solution. All the tokens should be calculated to favour bounty hunters who are truthful to their work.
copper member
Activity: 518
Merit: 2
January 17, 2019, 04:02:15 PM
#41
It actually depends on the project involved. Unshared bounties could be channel to other marketing options or could be burnt or given as bonuses to project investors. Also in some cases, could be gathered together and put into another bounty pool as bounty phase 2, 3 or 4 depending on the situation. Some projects could be very generous and distribute the tokens amongst bounty participants.
copper member
Activity: 237
Merit: 1
January 17, 2019, 03:44:54 PM
#40
Reserved
full member
Activity: 602
Merit: 106
January 17, 2019, 03:53:52 PM
#40
There are many different possibilities that can happen with unshared bounty tokens. The most common thing to do is just to burn the leftover tokens. The team can also keep them for the future and sell them when they feel like, lock the tokens up for a certain time or just use them to have airdrop like events. There are many more, but those were the first ideas that popped into my mind Smiley.
member
Activity: 644
Merit: 10
January 17, 2019, 03:37:29 PM
#39
Some project developers and bounty managers they give it to the qualified participants. And not all bounty managers do that as some take it back to the developers and probably burned the tokens. But, it's better to split all the unclaimed tokens to the qualified hunters as they managed to meet all requirements and be rewarded by their efforts.
sr. member
Activity: 1022
Merit: 264
January 17, 2019, 01:48:10 PM
#38
Usually it should be burned or transfered to dev fund . I don't see any big deal in this , because usually bounty fund is no more than 5% of total supply . Some projects even got 1% bounty fund allocated . Im just happy that people got chance to participate in such bounty activities and earn tokens / coins Smiley
member
Activity: 952
Merit: 41
January 17, 2019, 01:43:11 PM
#37
I agree with you on this one because in most cases almost half of the token allocation are left unclaimed die to the failure of the hunters to pass through the different check due to one conditions or the other, and this tokens are not specify where it goes to in my own opinion I think the unclaimed token should be added to the faithful Hunter as a bonus.
member
Activity: 308
Merit: 10
January 17, 2019, 01:28:31 PM
#36
From my experience, undistributed tokens from bounty campaigns were either considered as unsold tokens and burned or they were returned to reserves.

Those tokens should be redistributed to the legit bounty hunters.
maybe yes for unshared bounty allocation are burned, but few campaign take the unallocation fund for the bounty manager team or the developer team, even they get separate allocation for them
copper member
Activity: 224
Merit: 0
January 17, 2019, 01:23:52 PM
#35
I think it is pretty unfair that the whole bounty pool is not distributed to the participants. Normally, the team says that all the remained tokens will be used for further promotional campaigns or they will be burned.
sr. member
Activity: 630
Merit: 250
January 17, 2019, 01:20:56 PM
#34
I believe that unshared bounty tokens usually goes to the bounty managers . It's an easy way to earn additional money and most managers don't miss such an excellent opportunity to earn extra money . Managers are people too and they also need money, nothing personal  Grin
BM has negotiated with his team for manager fees and reward allocation. So the BM has already been paid first by the team, but if a participant is rejected, then the reward will go to BM, which means the manager gets doubled?
The fact is that many managers remove some participants from the Bounty company, who have done all the work and have calculated their steaks, in order to take their earnings. I had such a situation with pundi X. I received a negative rating after the end of the bounty of the company, but the manager still did not give me a reward.
member
Activity: 476
Merit: 11
January 17, 2019, 01:18:25 PM
#33
Unallocated tokens are usually returned to the team, although this is unfair, because they promised the participants a bounty a certain amount, but in the end - they are deceiving because some of this reward they taken for themselves and thus significantly reduces total bounty pull. There are many such cases of deception.
sr. member
Activity: 854
Merit: 252
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January 17, 2019, 12:53:17 PM
#32
I believe that unshared bounty tokens usually goes to the bounty managers . It's an easy way to earn additional money and most managers don't miss such an excellent opportunity to earn extra money . Managers are people too and they also need money, nothing personal  Grin
BM has negotiated with his team for manager fees and reward allocation. So the BM has already been paid first by the team, but if a participant is rejected, then the reward will go to BM, which means the manager gets doubled?
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