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Topic: Why do Investors always turn to reduce or deny bounty hunters their payments (Read 431 times)

legendary
Activity: 2268
Merit: 2191
Signature Space For Rent
I am pretty confused about your post. But I will try to give answer based on your topic title. Whoever deny or reduce bounty stake they are not honest at all. Also so many things depend on managers. Because a good manager will choose only potential projects. They might not break their promises. But who know, its depend on team mentality. Sometimes team deny or reduce to keep their coin stable. Because I have seen on a bounty campaign, coin price suddenly dropped after distribute bounty stake. Actually hunters don't care about price. They will be busy to sell after received stake. But whoever deny totally means they scammed you. On the other hand you have to choose good project and good manager in order to avoid such as case.
sr. member
Activity: 1316
Merit: 257
I have participated in a bounty article in the previous campaign, my assessment on the campaign unprofessional, during the distribution period the developers often postpone payments for various reasons, Even though the project successfully and was over a few months before. And at the distribution periode their reduced the payment/stakes to all participants around 70% almost worthless. It means that they reduced the payment allocation to this campaign unilaterally, I really don't like the way they work.
sr. member
Activity: 966
Merit: 274
The main reason why this can happen is if series of illegality and multiple participation or cheat is discovered. This is believed by the project team that it can lead to dumping which in turn bring the token price down.

Basically, project have their own systems on how they could manage the bounty for example, they can ask for the KYC of each participants yet, there are numerous bounty projects that when a bounty hunter even submitted their KYC, they can still be denied of their payment. In that regards, the problem now is internal to the project. Meaning to say that it is the project to be blame when bounty hunters couldn't be paid. That is the reason why I already quit bounty, I am focusing on my self knowledge and I can see, profit for me now is just a bonus.
member
Activity: 364
Merit: 10
Because a lot of people still believe that hunters are causing all the problems with token price fall. They do not really get that the core problem is in management and their false decisions as well as by pre investors that got 200 percent bonus.
jr. member
Activity: 448
Merit: 1
The main reason why this can happen is if series of illegality and multiple participation or cheat is discovered. This is believed by the project team that it can lead to dumping which in turn bring the token price down.
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
Hello mate, I think that your topic is a little bit misleading as project investors has nothing to do with all these really and sometimes, they are even the victim more than us the hunters because they are the ones getting scammed of their money, they are the one that is the real looser here by losing their money while we hunters have only lost our time.

The real challenges that we are having here is with the project developers and the team member with their project managers, they are the ones that usually do connive to treat the hunter the way they do treat us and for that last clause there, I think it is not acceptable but since we don’t have any regulation or any law protecting bounty workers, there is still little to which we can do for now, we will only be lucky enough to avoid such project if they put the clause in their terms and condition at the beginning of the project and not towards the end when we must have wasted our time.
sr. member
Activity: 906
Merit: 262
Investors have nothing to do with it. You mentioned investors in the title yet never spoke about them again. You are confused.

 
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?

If we see that phrase, we just need to not join that bounty campaigns.
It will be risky, because they can change the rules any time without the agreements from both parties, bounty manager and bounty participants.
That kind of rule is actually very bad, they could reduce the reward at any amount they want, adding kyc requirements, or other things which are not good for hunters.

They just make these rules to protect themselves. You must see what you agree to just by parking your car in a car parking lot. Think about it. They just put that all there to protect themselves. But they use it too often as an excuse to do exactly as they please and mess hundreds of people around. It is not the way you want to do business and no project worth its weight in gold would do such things.
full member
Activity: 1260
Merit: 100
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?

If we see that phrase, we just need to not join that bounty campaigns.
It will be risky, because they can change the rules any time without the agreements from both parties, bounty manager and bounty participants.
That kind of rule is actually very bad, they could reduce the reward at any amount they want, adding kyc requirements, or other things which are not good for hunters.
member
Activity: 238
Merit: 11
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
The ackward moment is after spending tiresome months to complete a bounty, project and bounty managers sit there trying to determine what is good them which goes against hunters, they are always of the view that bounty hunters will dump which will lead the fall of the token or coin price forgetting that only a smaller percentage wa allocated for bounty and so if there is any dump, its either from the team or investors, its high time project managers consider this and stop blaming and denying bounty hunters what is due them.
full member
Activity: 714
Merit: 100
Before participating in a bounty campaign, the main rules must be read. So that in the future there is no mutual blame anymore, because indeed from the beginning the bounty manager and the project have the right to change any rules. If it's not ready, then leave it.

I suggest it is best to follow the bounty by paying btc or token that is already on the market.

Good advice. That is one way that you do not promote the project in vain. But the project makes payments using bitcoin, it is difficult to find. Even now none at all.
member
Activity: 249
Merit: 10
NeedforTurbo https://needforturbo.com/
If we don't like to follow the rules set by the manager, you can follow the other bounties. There are many bounties in circulation but it is difficult to choose the one who really pays the bounties. I suggest it is best to follow the bounty by paying btc or token that is already on the market.
sr. member
Activity: 868
Merit: 333
changes are inevitable and must be included. imagine running a bounty of 10,000,000 total worth of the project token distributed across different social media tasks. Towards the end of the campaign, you realize the participants are fewer than anticipated for. You will be left with no other choice than to reduce the bounty allocation because if not, you will just be given your token for free which will be dump immediately you are able to list it in any exchange which will affect any cadre of investors.
It is also stated in bounty campaigns that any changes can happen if the project decided. They can make any adjustment and changes on their own will. Since they are the one who's creating their own policy and regulation. As participating in the campaigns, we should read and understand this circumstance.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
changes are inevitable and must be included. imagine running a bounty of 10,000,000 total worth of the project token distributed across different social media tasks. Towards the end of the campaign, you realize the participants are fewer than anticipated for. You will be left with no other choice than to reduce the bounty allocation because if not, you will just be given your token for free which will be dump immediately you are able to list it in any exchange which will affect any cadre of investors.
member
Activity: 471
Merit: 10
QUUBE — First&Only Quantum Resistant Ecosystem
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?

I'm always pissed and discouraged when I see that clause too. It gives all the power to the project team and they can decide to reduce bounty rewards.
member
Activity: 235
Merit: 10
BountyMarketCap
It is unfortunate but the sad truth is that when it comes to bounty campaigns, it is like a caste system where bounty hunters are the least among all the ranks. Every bounty campaign comes with it's corresponding terms and conditions of engagement, it is up to you as a bounty hunter whether to join or not.
hero member
Activity: 2282
Merit: 505
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
It should not be allowed but the participants have agreed about that and you can't blame the project owner but the participants must be blamed. If the participants join it and it means if the participant is agree with all of the rules that already created by the developers. For me this is unfair consider about the project is not paying with the actual token and there must be a negotiation between the participants and developers.
sr. member
Activity: 661
Merit: 251
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?

Two words: greed and dishonesty. It is one undesirable characters you wouldn't want from a developer but unfortunately, most humans are that way. Theses managers and developers are all nice and friendly before and during bounties but once bounty is done and it's time for payment, they will renegade on their promises. I hope that top bounty managers will find a solution to such ugly situations
sr. member
Activity: 840
Merit: 267
SOL.BIOKRIPT.COM
Its up to you to join and i see other projects adds diclaimer note that they have the right to change the rules or agreement.
Either way bounty is a waste of time now, its better to spend the effort on something else rather than waiting for a long time and get paid for a measly amount.
That's right, some good bounty managers add disclaimers stating that changes can be made in terms and conditions. For instance, if the total supply of the coin is reduced, you don't expect the project to distribute exact amount stated from onset. Also, if the percentage to be distributed depends on the percentage sold out during token sale, it directly affects the total allocation. Well, some projects vehemently refuse to distribute tokens or deliberately reduce rewards, that's the scenario which is unfair.
K4C
full member
Activity: 448
Merit: 103
$CYBERCASH METAVERSE
As long as the statement was made at the beginning and bounty hunters still choose to participate, I think it's fair, as much as some criminal project owners has been taking advantage of it, some genuine ones are still sticking to their promises and this is why we do this job, it's a risk but sometimes those risks pays off.
hero member
Activity: 1470
Merit: 509
Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
This rule exists in all bounty conditions. It exists for future differences and do not always in negative directions. Sometimes it can even result in an increase in bounty pool.

If you have joined the award, you have already accepted the rules. There is not much we can do to deal with this. Because if any project deceives hunters, the only punishment will be red trust. That is why scam bounties are so many and widespread.
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