Topic: What is your opinion on the method of payment for bounty rewards? - page 2. (Read 535 times)

Asking to invest in the project is a choice not an obligation. The team may ask for that but whether to choose to do that is your own decision. Should not be the reason of raising a flag.

But considering the fact that there are scam projects in very large number than number of legit ones this above line may just be true.

I know one such campaign manager who is no longer active now, had been offered a large volume of tokens for the cost of 4eth. He took it and then the project turned scam. Therefore they lost the 4eth which could have been a better investment.

This totally depend on the total stakes. Remember that before you have joined in any bounty and you have seen how much allocation and the result of your reward will depend on how many participants in this section. I meant bounty has various sections.

yeah but the result will always unpredictable. Sometime it will worth with your effort and in another case it will not worth with how many times you have spent promoting the project.

The only problem is the reward is not getting escrowed and this is it. People in here are prefer to use quantity over quality. The chance to reduce participated in the garbage bounty will be less.

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.

The common problem I see is that most bounty hunters don't even evaluate the campaigns they're participating in, most would just join without even thinking and then rant by the end of the campaign 'cause they receive very little rewards.
Whatever bounty campaign is running now, only the project team has the final say as to what the rewards will be and they don't care about those things you mentioned; at all. All they care about is getting exposure for their project. Some of those project teams don't even care what the current value of their tokens/coins are and just gonna dish out billions of their native tokens for a bounty campaign. That should tell you how much you'd probably earn on that campaign. Basic economics supply and demand. If you think the rewards are too small, then don't join.
The key is to evaluate the project, the rewards and then decide if it is a good idea if you participate or not.

I guess it is safe to say not all bounty hunters are alcoholic  
All kidding aside, you can try and learn more technical skills like coding to get a stable job so you won't have to rely on bounty campaigns.
Another method is to build up your own blog or website, do write-ups, or do video reviews about projects, build up your channel and monetize it.

[EDIT]
100% Agree. Here's a prime example: Space Runners. An NFT project that launched its bounty campaign and set the rewards with stablecoin (USDC).
When I negotiated with that team, they are the ones who suggested with such a reward, which is very rare 'cause most project teams I encounter are even hesitant to spend a few dollars. 
Per my experience, no project team would offer to put in popular cryptos like BTC/ETH as an insurance policy, most would choose to spend their own token (if they have one). So not much choice there really.

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.

Participants in escrow project another modern scam unless the project owner unable to escrow stablecoins or different coins with esteem as guarantee. Native tokens could be never launched or could perform completely different behaviors. Most project ran away at middle stage or before finishing line. There only rare project owner aims to offer respectable prizes to their advertisers, we can't make any move in regards to this however acknowledge anything that we get.

There are lots but this totally depend on how many your skills. You can also become the creator for NFT and these days so many people are able to make money from there. Don't you see some popular case related with NFT. that gives ability for the ordinary person to be more creative and they will be able to sell their creation to the free market like opensea. If you can take this opportunity and this will be very good thing for you.
I must remind you that if there are bunch of jobs available in the crypto other than doing bounty. that depends on how good you are to take such opportunity from the market.
that's it.

That's right since eventhough the fund are in escrow still there's no guarantee if we participants will get compensated still people will not sure about if it will get value or if this token will be listed on a exchange so I guess people should take also that risk since bounty now is pure luck. For now just joined on what reputable managers handle since maybe from this the chances to get paid is little much higher than any other handled by random guys.

I must say this to you that doing or joining a bounty campaign is like a game of probability, you don't know the outcome of your income (payout) because it will be proportional divided by total participants then multiple by accumulated stakes.
 .
. . total stakes of all participants divided by total allocation of a pool then multiple by accumulated stakes to get your rewards, in this you don't always know the projects that will succeed when it comes of joining a bounty campaign. Though are some trusted that could do well but it will be flooded by participants at ends turns to be nothing in terms rewards. The escrow address is to show that bounty manager is with the funds so nothing much that.

These things you must note down about Bounty campaign; You know it's called "bounty" so is for everyone here to participate and enrolled if it turns out to have much crowded participants were the rewards are being slashed down wasn't the fault of the managers. most at time they limits participants to allow the already applied users get good payout from the campaign yet some users don't promote or being sincere while promoting the campaign, most of them all work for the first week and all they do is copy and paste from their previous works whereas its required to make task every week, due to these reasons most managers do not longer limits participants because most projects owners seek for the audience and higher spread out of their projects.

Keep note that there are some rules that governed the campaign, it is a thing of choice so is either you join or not join.

Now in terms of paying out rewards, most managers are sincerely enough post their escrow address where the bounty payments have been sent to distribute to participants. In most cases the project owners make payments to the hunters so managers don't have control over there.

This is ethlend bounty (now aave), it was certainly worth it: https://bitcointalksearch.org/topic/ethlend-decentralized-lending-the-big-bounty-program-2078686

We need to consider the ranks of the accounts apart of that. If your rank is low when you join a bounty or your social media accounts has a low follower/friend count, your pay is also gonna be small no matter if the bounty campaign you joined became successful and then you need to consider the time you spend in bounty versus the time they spend in a btc paying signature campaign.

BTC paying campaign are paid weekly and the payment is more guaranteed because its usually being handled by a trusted manager and usually with escrow but in bounty your working for how many weeks with no escrow most of the time. The risks is huge and it cant be worth it.

If they can join in the right project, they will get paid and have a token that can work as their investment. But most projects can not perform well because many of those projects are just scamming their participant and leaving it like that. It is hard to choose the projects as many of them will say that they will be bigger and have the opportunity to have a better position in the market. We should be aware of a project that gives many tempting rewards because that will be too good to be true, especially for a new project.

Not getting compensated is part of the risk involve upon joining on bounties and you cannot expect that everytime you join on various type of campaigns here you automatically get a profit from them, so I guess you should accept this fact earlier so that you will not expect anything and stressed out once you find out that the campaign you join is not really worth it. Although its really sad to encounter this but  for sure you will get used to it.

Yes you have a point, it can be an investment for bounty hunters it has a risk and if they managed to participate on a good campaign they can earn good profit since not all projects can be successful in the future majority of the projects that runs bounty campaign are useless projects and just wanted investors and probably end up scamming their investors.

Joining in Bounty Campaign can be consider as an investment because the project that launching the campign is still in the initial phase. They are using a certain percentage of there token for marketing so it means the reward will be dependent on the result of the sales that will bring value to the token. Project that choose bounty campaign as marketing are those lack of initial funds to get a proper marketing. They will not gonna do bounty campaign if they initial funds so in conclusion you should do your own due diligence when joining bounty campaign because its an investment.

As long as people are ready to promote the bounties for tokens which doesn't have any value the discussion weigh zero in this community because people need to stop promoting shits for shit tokens then only those shit projects will invest some real money for their marketing which allows people to earn for the tasks they're doing.

This is no longer true my friend.

It was true some 5-6years back and that time was when the bounties boomed and so did the signature campaigns. Some unscrupulous people came to this forum and made huge number of accounts just to abuse the campaigns leading to the DT members having to put negative trust on a number of such account stashes. Naturally when you give free entry to a large amount of money without verifying the people running the account, you will face abusers.

This changed quickly when the number of shit projects went up and legit projects went down. The same abusers started complaining of this - talk about thief's having big mouths.

When you get paid in tokens and if project turns out to be good you will be paid out way more than dollar/btc/eth paying bounties.

Deal with it yet this had been always the risks once you do decide on engaging with bounties on which you would really be having that tendency on receiving something from the work you have done or doesnt really get any which had been always part of the risks.Its not always a guarantee that you would get paid or getting something that you had worked for which means that you should
accept the risk whenever you have decided on engaging with bounties.

You arent the only ones who have these kind of thoughts but facing off the reality then you should accept it on the first place.Yes, its not easy but this is how reality works.