What is your opinion on the method of payment for bounty rewards?

Dervish doff

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Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

and it feels bizzare that some bounties have complicated rules and many tasks to fulfill when it's clearly called "bounty" with no certainty value of the payments, some even demand original contents to work out.
I mean if it's just a bounty, just give easy works to promote the project, not like constructing the project itself.

Cadaver20

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Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

What do y'all think about this?

You have presented a very important point here. A bounty project can make a good payment to the hunters only when it is successful, which means they can raise a good amount of funds. Many bounty projects cannot be successful. As a result, they can't pay the hunters. That is the reality. With that in mind, the Hunters have to work on the bounty. You can only work on escrow projects if you want.

Andam76

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Quote from: Cryptomiles1 on March 31, 2022, 10:34:18 AM

There's nothing to panic about, it's called bounty hunting so anyone can take action to join or not and if much applicants applied it will turned out to be trash payment so is either you join the campaign or leave. You were not mandated to join for promotion of the project so there is every obligation, regulations governing the campaign and you have to read through carefully before enrollment.

Maybe you can say of low allocation then could be considered to ask the project owners to increase rewards.

I agree with what you said, before following a bounty you can see how the system works because every bounty is different in the payment system, observe and then you decide whether to follow it or not

stomachgrowls

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Quote from: Cryptomiles1 on March 31, 2022, 10:34:18 AM

There's nothing to panic about, it's called bounty hunting so anyone can take action to join or not and if much applicants applied it will turned out to be trash payment so is either you join the campaign or leave. You were not mandated to join for promotion of the project so there is every obligation, regulations governing the campaign and you have to read through carefully before enrollment.

Maybe you can say of low allocation then could be considered to ask the project owners to increase rewards.

Most of the time the allocation for the said bounty which would really be final and it would always be playing around 1-2% of overall total supply if we do talk about their budget specially on alt paying

campaign which it doesnt even give out some assurance that those coins would be ending up on having some value or none thats why you should really be minding off that particular risk.
Deal on project which you do seem to be worth but if not then you would really be just basically wasting up your effort and time.

Bitcoin/Top alt payment is something rare though because most projects do really tend to pay up on their own coins.

Cryptomiles1

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There's nothing to panic about, it's called bounty hunting so anyone can take action to join or not and if much applicants applied it will turned out to be trash payment so is either you join the campaign or leave. You were not mandated to join for promotion of the project so there is every obligation, regulations governing the campaign and you have to read through carefully before enrollment.

Maybe you can say of low allocation then could be considered to ask the project owners to increase rewards.

Reatim

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Quote from: milewilda on February 22, 2022, 06:19:26 PM

Quote from: Reatim on February 22, 2022, 04:21:40 AM

Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

for my 6 years here in forum? i kept reading things like this mate about Bounty hunters problem in many projects they come to join and work yet? bounty project owners care nothing about yours mate because why do they care when they wanted to scam players from the very beginning lol.

and you know why? because you mostly trying to join Bounty that promised big payments but without any assurance .

best to stop joining so you wont have any problem anymore.

We've been trying to give out warnings since we do already have the experience on how bounty hunting do always end up which is neither not getting paid or have recieved no value tokens at all.
This had been always the case thats why its not really worth to join up bounty campaigns due to this scenario but surprisingly there are still people who do really love to engage
with bounty hunting and do still believe that they could make out big money out of it which is possible somehow but finding the best or potential project is just really like
finding a needle on a haystack.

Yeah and indeed we have done our part since long time ago and what they are having now is none of our business already , they are now the one who is responsible to the outcome of what they are tackling here in crypto world.

Bounties are supposedly paying and earning but when they are not giving those threat then why would need to continue.

Chato1977

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then talk to the company and not here in forum, because this community has no rights and capacity to follow your demand.

Instead since you are a bounty hunter, you also knew that in that area Scammers are all around and only 10-20% are truly paying bounty hunters.

so if you don't wanna be a victim of scammers then best not to join an bounty at all.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: peter0425 on February 21, 2022, 02:41:21 AM

I always have sympathy for bounty hunters because they are mostly the victims of abused and scamming from the operators or businesses here.

It is normal to fell sympathy for someone who is suffering but it is also wrong on the "victim's" end to continue joining more campaigns like that and keep repeating the same mistake. Most bounty hunters do this and they are the ones who blame for their misfortune.

Quote

mostly their time and effort goes to vain as they are not being paid for their works.

Altcoin projects that come up are anyway as risky as putting money in HYIP/MLM schemes. If there are people who are investing in those, then there will also be bounty hunters. Therefore it becomes easy for a scum project to become popular while at the same time they waste their time on it.

Quote

and also getting a payments in stable coins or Fiat would be more appropriated than what we are having now so yes i support this thread.

I dont know if that really solves the problem. If you are paying in fiat they could just use a freelancer site. If you are paying in stablecoins, or bitcoins, it wont matter unless the team is a legit one and has developed a proper project that delivers.

milewilda

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Quote from: Reatim on February 22, 2022, 04:21:40 AM

Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

for my 6 years here in forum? i kept reading things like this mate about Bounty hunters problem in many projects they come to join and work yet? bounty project owners care nothing about yours mate because why do they care when they wanted to scam players from the very beginning lol.

and you know why? because you mostly trying to join Bounty that promised big payments but without any assurance .

best to stop joining so you wont have any problem anymore.

We've been trying to give out warnings since we do already have the experience on how bounty hunting do always end up which is neither not getting paid or have recieved no value tokens at all.
This had been always the case thats why its not really worth to join up bounty campaigns due to this scenario but surprisingly there are still people who do really love to engage
with bounty hunting and do still believe that they could make out big money out of it which is possible somehow but finding the best or potential project is just really like
finding a needle on a haystack.

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

for my 6 years here in forum? i kept reading things like this mate about Bounty hunters problem in many projects they come to join and work yet? bounty project owners care nothing about yours mate because why do they care when they wanted to scam players from the very beginning lol.

and you know why? because you mostly trying to join Bounty that promised big payments but without any assurance .

best to stop joining so you wont have any problem anymore.

southerngentuk

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There are always rules about bounty programs, and I see everything as being easy, and no one has to lose if BM does well. However, there have been notable cases where there has been an error from the project or BM, but there are really a lot of options with bounty and high value, so I don't see any problem if you keep doing your job well.

peter0425

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I always have sympathy for bounty hunters because they are mostly the victims of abused and scamming from the operators or businesses here.

mostly their time and effort goes to vain as they are not being paid for their works.

and also getting a payments in stable coins or Fiat would be more appropriated than what we are having now so yes i support this thread.

tygeade

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Quote from: ?? on ??

Better to pay something rather than scamming users or delaying payment for years, it can be in form of Bounty token or stable altcoins. The low class crypto exchanges keep asking KYC from Bounty hunters due to partnership with new project but the domino effect will be cause bad image for project development. Btw, to avoid shady possible cases escrow should be mandatory category for Bounty managers.

So that means you will accept a bounty token but the catch is the token have a tiny value or the token doesn't have a value at all? Because, you said you will accept any payment and worst is they delay the payment on top of that. I don't mind delayed payments as long as the bounty manager have guaranteed the payments already and the coin that he is going to pay is already listed on the exchange with a good amount of value.

Low class crypto exchange should not demand a KYC because they are a low class exchange anyway and their reputation is not yet proven. Bounty hunters don't mind doing a KYC if the exchange is well known.

Adbitco

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Quote from: stomachgrowls on February 13, 2022, 04:34:07 PM

Then who would be the one would act like an escrow? For sure even those funds would be escrowed it doesnt really give out assurance that those amounts would be totally in safe hands

thats why getting rid of the risks wouldnt be that possible and thats why we couldnt really see such service or situations on where project owners do really tend to have that kind of set up.
It might sounds sad but it is indeed the reality on most projects, they are the ones who do handle out those funds and thats why trust issues could really arise from anytime.
If you do believe on such project then the thing you could do is to trust up that everything would go well.

Most bounty managers get a reputable escrow service providers, looking very closely there are some trusted users here that does that. now get this clearly i m standing a chance to say anything against how managers goes about their participants or projects owners treat their promoters but its of a choice that you must adhere to take your personal risk to promote any project, so if the project turns out to fail or succeed then it is a good chance for participant to merry over it. So payment might slightly varies due to much participants so it turns out to be trash at end of the campaign by this situation whom do you blame Bounty managers or projects owners?

TimeTeller

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Quote from: ?? on ??

Better to pay something rather than scamming users or delaying payment for years, it can be in form of Bounty token or stable altcoins. The low class crypto exchanges keep asking KYC from Bounty hunters due to partnership with new project but the domino effect will be cause bad image for project development. Btw, to avoid shady possible cases escrow should be mandatory category for Bounty managers.

But at the end of the day, it is the choice of the bounty hunter to join the program.
This is the risk they are getting into this kind of promotion. As there is no security of payment.
The project itself has their own prerogatives what to give to their participants.
This is why you need to agree or accept their terms before signing up.
We can't dictate these project owners to get an escrow or use stable coin for payment.
Because it is their project and they have their own reasons why they want to pay their own token or coin.
If you are not amenable to their terms, don't look for bounty programs but go to btc-paying campaigns handled by reputable managers.

rahmad2nd

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I think payment for bounty reward better with stable coin, always have complaint from investor or bounty manager about coin price drop after distributing for bounty participant, take less drop price although sending reward for bounty participant less than 1% from coin supply I think payment using BUSD or USDT is best way how to avoid price keep up but need to pay based on how much coin earn and calculated based on price of coin promoting, but if coin still not listed on market better sending reward using coin than stable coin like USDT.

livingfree

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Quote from: maydna on February 14, 2022, 04:05:02 AM

Quote from: ?? on ??

It is the truth.

Many of the projects out there are scams and they have no obligation for the bounty hunters to be at their pity because it's a bounty project.

A project that relies on the success of the sale so if they get success, the chance is high that they'll get paid but there are also successful projects that delays and sometimes don't even pay.

Scamming projects will always offer lucrative bounty hunters and invite them to participate in their projects. They also promise their investors that they will make a big profit.

They will not feel sorry for the people who are deceived and they will look for other new targets to be able to get their money by deceiving them. So, in this case, all investors, bounty hunters or traders need to do some research before getting into the project.

Not all.

They also offer the same usual rates with the others. The rates won't determine a project whether it's a scam or not. It's not the actual basis but you can also be right with that.

But if they're the ones promising big returns, that should already be the sign and a flag that the bounty project that you're working with has some shady attitude.

shinratensei_

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Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

that's fine. When you get a low reward and it means if you have joined in the bounty with low allocation with many participants. If you wanna get a decent reward for your effort and you can try to join in the bounty that puts a limitation on its participants. The main concern is if you are putting quantity above everything and then you can at least get a reward from some bounties at the same time. It may be decent reward for you but if you can't get it and just focus on the quality, allocation, and participants. You get a small reward by joining in the small bounty with large participants and you can't blame it. that's your fault. The method used to pay the bounty reward is good enough right now. there's no need to complaint but do your own research.

Ararbermas

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Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

As the name implies it is supposed to be a "paid to perform" task.

Bounty rewards are all calculated each rank and as a participants of the bounty you should read their rules first before joining to don't missed some of the information especially when it comes payment, So dont based on your performance mate.
and however if you noticed that you didn't receive an exact amount of payment then contact them because surely there significant reason for that, i mean unless if they're not scam.

Strongkored

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Quote from: wizzy9514 on February 08, 2022, 07:22:10 AM

There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

I think what they give is very fair, but if finally bounty participants only get cent it is not because the project is unfair but because the market does not see the potential of the token so the price becomes cheap. It would be unfair if they changed the amount of token allocation to be distributed or stalled the division time.
That is why you have to be careful in choosing bounties but unfortunately bounty participants mostly use multi accounts and will only cry and blame the project if it gets small without realizing that the mistakes in those who are not careful.

Topic: What is your opinion on the method of payment for bounty rewards? (Read 540 times)