Topic: Would you agree to insure your participation in the bounty company? - page 2. (Read 219 times)

Why there is a need to pay a fee? that doesn't make sense if the bounty hunters have to pay for their participation. That's not the kind of thing that they are used to. Paying a fee for a entry looks like the typical scam employment, where the employer would ask you to pay a fee so that you'll get a guaranteed job. It is what I think and I think that's not going to work for those who know that kind of trick but the newbies, they are likely to fall from it.

it is strange and it seems that I don't agree with insurance for bounty campaign and prefer the traditional way, namely DD because all this time with DD we actually have also been paid, it's just that the results of DD sometimes just don't match when we receive the payment, but that doesn't matter.

After reading all your answers, I came to the conclusion that they did not quite understand me correctly. I will try to explain.
1 You do not insure in any way from those who are associated with the project that you will advertise, it must be an independent company, I gave the example of Lloyd's corporation. They don't depend on anyone. For example, if you are the owner of a seagoing vessel chartered to carry cargo, it would never occur to you to insure the ship and the cargo from the owners of this cargo, after all. You will contact Lloyd. And they will never insure a leaky galosh for any money.
2 All settlements must be made in hard currency and the security deposit and payments in case of failure of the company. Calculation of the payout price based on the price of the token for ICO or IEO. Who needs tokens that will cost nothing, I have hundreds of them in my wallet.
3 Is it really a pity for someone to pay a few percent of what you can be guaranteed to receive. After all, for this, we will receive a guarantee that the specialists will check the project for cleanliness, study the managers, and everything that is needed very thoroughly, insurers will risk no less than ours. Having lost their considerable money, they will be able to find and punish the fraudsters in full, so that there is no more desire to cheat.
4 When buying tokens before listing on exchanges, we also don't know where their price will go. We assume that this will be a successful investment because we have thoroughly studied the project. Therefore, here too, we assume that the price will go up, and we will earn. But there is risk everywhere. This is what we pay for.

It sounds a little strange to me. I have to pay to be paid later for my work. In addition, if the project fails, I will be in the red - without a certain amount of money, my time will be wasted and I will have a certain amount, of possibly useless, tokens.

There's no doubt that Escrow is the best option when it comes to bounty rewards. The point is that, in a situation when every other factors are silent and you have to either insure your reward or nothing. This is not a real life scenario. No insurance company would want to insure any bounty when even the bounty hunter is not sure of the reward.

It will be worth if the payment is in bitcoin or ethereum or else the tokens means its just a shit idea and no one is going to risk money from their pocket to get useless tokens.If someone wants to ensure the payments from bounties better suggest the escrow which is cheaper and the pay will be from the team not from the participants.

I'll love to insure my participation for a bounty, if the reward is fixed and the insurance would guarantee that I'll get my reward, but I can't insure for tokens rewards, the reward has to be in btc or ethereum, since I know those coin have a long term validity. Insurance would take care of the headache of ensuring that I get my reward, while I just wait for my payment at the end of the period.

Bounty is no longer as profitable as it used to be. The main reason for this is that the number of participants in Bounty has increased a lot, the number of participants has increased but the number of investors has not increased. So Bounty is not profitable now. I do not agree with the advice you are giving.

Because when you join Bounty, your job is to complete the task and get paid at the end. If the project is not successful then the token is useless. And there will be no benefit even by escrowing useless tokens.

Participation in bounty now became a hard to earn a good money. After a two months of work, sometimes based on stakes we get less amount as payment. But in some bounty we get good money as a payment. It will help us to get a livelihood at this corona time. Many people qho doing normal job apart from online had lossed their job.

Why are they paying a fee when participating in bounty? They spent a lot of time and used various tools to promote the project, so projects need to pay bounty hunter without forcing them to deposit money or do anything else. If bounty needs to send an amount money to participate, it is better to use that money and invest in altcoins in this market.

Sorry but this method is for desperate bounty participants only. Paying fee inexchange of  guaranteed payments? Its unusual way, a weird assurance and a suspicious method. It will just lead to misunderstanding, we can't prevent to think that paying fee's a way to scam participants.

Unsure projects, that's very normal nowadays. It's the reponsibility of bounty participants to choose  a good projects and not with the unpotential ones. I also agreed to consider some escrow services for assurance of payments so the participants efforts will not go to waste.

I personally don't agree with what you are suggesting for this, because in my opinion when bounty hunters pay bail, it is not certain that they will give the reward that can be expected according to the existing agreement, not only that if the project fails, or the project is a scam. We didn't get any prizes and the security deposit we used just disappeared. I think your idea is very bad and poses a huge risk to bounty hunters.

I would agree to be insured against not distribution and project postpones to get listed. As a bounty hunter, I would agree to pay some percentage of my rewards for that. Question is - who will take that risk? Bounty projects ? That is stupid. Be insured by same person I'm taking insurance of. Some reputed forum or cryptocurrency member? Who will take that kind of responsibility?

Paying fee for payment guarantee? How will this work without you getting scammed yourself? When it comes to paying money first it's a big red flag waving in the sky, it's better to find escrow bounty Campaigns

Am I the only one who disagrees with that? In my opinion, being a project promoter does not always get a definite payment, especially if you have to pay even if you get a remuneration payment guarantee. in my opinion this is not a good idea, the profession of being a bounty hunter is of course to receive free tokens then exchange them into money.

What good are the tokens if the project isn't successful? You will be trapped with a shitcoin in your wallet anyway, this is why I don't 100% rely on escrow bounties because not all of them are good, it's still down to the quality of the projects.

What fee are you talking about? Cartesi participants for example never paid any fee, they joined and promote for free and get paid for their work, any bounty asking for few is a scam, stay away from such project

There are different kinds of bounty failures right? Examples are ICO failures or a company scamming the bounty hunters. In this case, escrows would be pretty much useless since the token that we would get is useless.

I think the question here is that what kind of compensation would we get from that insurance? Are we going to get the same useless tokens? or are we going to be compensated in Bitcoin? Because if a reputable company somehow does this, the chances are we are going to get quality projects that would most likely pay.

I'd consider this as long as the terms are reasonable to the point that bounty hunters can still profit.

This is a silly post who would want to participate in a project that you will have to pay just to promote a project, and what project will do that it sounds more like a scam give away where you have to pay first before you get your give away, I consider this project as a potential scam, fortunately there is no such project running now.

and most bounty hunters dont have money to pay for such fee. the reason why they are hunting in the first place. not a good idea for bounty hunting. better escrow the funds to reputable individuals here.  if a project will do such pay-first bounty program, i dont think they will get the necessary number of users here. or better yet, no one at all will be interested on the project especially if it is like a low-rate project