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

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

Being fair is "subjective" because, in the first place, bounty hunters should accept the fact that their whole month effort or so might not be rewarded with their expectations. In most cases, you are rewarded fairly "with the token" as to how it was tallied but don't expect you will get your expected market value.

Complain if those tokens are not distributed. And actually, bounty works in most cases just become time-consuming because others users are using multiple accounts, or let's say it's just a single account but participating on lots of different bounties contributing to the workloads. And in the end, disappointed because the expected money reward doesn't reach.

From now on, you should understand that's how bounty works. That's why it was even called a "bounty" in the first place.

I really appreciate the facts that people have different opinion on this. Just like there are rules governing the the do's and don't in this forum, I think it will be fairer if such rules are also implemented to govern task reward. In so doing, there will a uniform method of payment in the forum and anyone (individual or company) who embarks on setting up a project will know the number of participants expected to participate and how much they will be paid according to to the stakes given . But at least it should be worth each ones time and energy.

Talking of improving skills to earn high, nobody wakes up to gain skills automatically without actually practicing what he learns to gain the skills. In as much as bounty should be viewed as workshop to improve skills and knowledge, people's time time should be rewarded because they help promote a project in seemingly unknowing ways.

And as for the bounty hunters, I suggest you do not become ignorant of rules governing a project. As our predecessors all said, bounty is at your risk. Please educate yourselves to understand the payment pattern of a project in question  before participating. It will be help keep fraud at minimum.

We all want to maintain decorum and keep the forum safe for everyone. Let's collectively work hard to keep everything fair and reasonable.

What is more important is setting ourselves up to get a commensurate value. A hunter must be willing to be paid low because there is no skill required in this profession. If we want a commensurate income, we must become experts in a profession so that we will determine our rates, not the other way around.

I think, bounty task is not a job, just a time bet. If you are lucky, the time spent will result in a high win (reward).

Maybe you are new to this but being paid is way more broad to speak of in terms of what bounty is compared to a daily wager. Bounty tokens are shitcoins worth nothing in 99% of cases.

This has been posted in a number of ways and in a number of places. Point is that there will always be some underdogs trying to get some shitcoin worth nothing and doing a lot for that, a low blow type of mentality among many. Because of them there is no uniformity in bounty payments and likely never will.

It is best left as it is, bounties section is a mess since a long time and spammers dominated there before the merit system was introduced. It has culled the spammers to some extent but not much.

My honest suggestion to bounty hunters is to stop doing bounties, try to improve their merit score and get into bitcoin paying campaigns.

that's how bounty works. Your income was totally random and this depends on so many factors like how many participants, how much stakes collected and amounts allocated to the campaign, etc.

You joined on it and that's why you must know the risk. If you can deal with it and then just continue to work and if you can't accept it and then try to find another campaign. That's why the hunters are playing the quantity over quality but some campaigns have been limiting its participants as well.

Hey, no one force you to do the bounty and you can use this as your side job only if you have a free time.

that depends on what campaign. I can't say a lot about this but try to participated in the stable coin campaign.

It would be nice if the rewards is escrowed I see many projects that scam participants or probably the best way is to pay USDT or Ethereum but they should make sure that the participants will only use 1 account I see many cheaters about bounty campaign by enrolling multiple accounts at once on the same campaign.

ya.ya.yo!

Adaptation is what you guys need to do. If there's not that much opportunity anymore with bounty hunting, you have to upscale your skills and way of working online. Check yourselves on what kind of skill you guys are good at and then look at the marketplace of freelancers where you can offer that. It could be fiat based platform for payments or crypto payments. An example of a crypto freelance marketplace is like the Services and Marketplace (Altcoins). Also this one: https://www.reddit.com/r/Jobs4Bitcoins/

I think we should not just blame bounty campaigns for paying cents, but we should also blame some participants for joining bounty campaigns without reading the rules and without researching the project that they are working for. I am a bounty manager, seriously sometimes I see participant's reports that are worthy of $0.1 because many of them will just join to earn but not to promote the project, I mean they just write anything even copy and paste from others just to earn money.

I believe if participants start to treat bounty campaigns as real work, then projects will start treating bounty hunters as real workers and they'll pay them good amounts!

The forum can do something if they see it necessary, so the question of we can't do anything is incorrect, there are certain ways to approach this that can benefit both the projects and the forum participants, which from my own point of view can boost the quality of advertisement the project will get in return.

Since there are no such laid down rules (especially payment aspect) governing the payment of a campaign here in the forum, it is entirely up to the project host to decide what type of payment method will be provided during the campaign, they are not obliged to provide any specific payment method. Any participants who decide to join either way have no reason to complain afterward.

In most cases, you will find literally bots are a good percentage of the workforce of most of the native token paying alts campaigns (social media campaigns especially), it is basically you get what you give kind of situation, if you are paying peanut, you get a crappy job.

Actually it is. But we cant required the project to payment they arent sure about. So better option here is to avoid those projects that sounds suspicious. Its really rare to find projects nowadays that keeping their promises. Ive also experience a lot before and now I quit it since its not worth anymore. Focus on being a reliable member here and maybe you could land a good signature if you rank up later on.

Thank you so much for replying.  We Bourbon hunters still need to survive in the cyber world too. If there's any other nicer job you can recommend it will highly be appreciated. Thank you again for your kind gesture.

Bounties are just incentives and no one forces people to join them. They have their rule about stakes and shares but no one really has the idea on how much they would end up when distributed to individuals. When you read their rules about the payment, it's a pool. And you know it when it's a pool, the more participants, the lesser reward is going to be on everyone's share. So if you think at the beginning upon reading the project's bounty you're about to join and it's not worth it. Don't join. And if your worry is about the resources that you're going to use, it's better to find a real job online than joining any of them.

It's you the bounty hunters that keep voluntarily encouraging the habit of being paid peanuts or worthless tokens. Why should you keep joining bounties very well, knowing they don't pay well?

It's a free market, they have a choice to pay whatever they want to pay, you also have a choice to join or not to join.

That's fair in my opinion. By writing proof of joining, it means the hunter has signed a "work" agreement contract because they are considered to have agreed to the rules and the token/coin reward offer (with a certain estimated price) written in the thread.
If in the end they get a return that is not worth it, then it's a risk that must be accepted. Therefore, hunters are also required to conduct independent research before promoting.

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?