Bitcoin Forum

Project Namer : Repux
Website : https://repux.io
Bounty Manager : Amazix
Announced Bounty Pool : $700,000 (in REPUX tokens)

Project Name : Joytoken
Website : https://joytoken.io
Bounty Manager : Amazix
Announced Bounty Pool : $800,000 (in tokens)

Summary:

Both projects announced that total bounty pools are fixed amounts. Both bounties were around 14-16 weeks and joytoken bounty delayed few weeks more when ICO end day reached.
After ICO ends they announced that Amazix is kicked out of the telegram groups and they are going to finalize bounty rewards based on sold tokens.
Here is calculation for Repux :
They promised $700,000 in repux tokens and now its reduced to $89,805 in repux tokens.  Around $4,700,000 raised during ICO soft cap was $1,000,000

Repux and Joytoken projects belongs to : http://www.novatroncapital.com (There is no address or registration proof)
I invite both project owners and team members to this thread to discuss situation.
For both parties please share your proofs to prove that you are not scamming bounty hunters and investors.

1- For both project owners ;
    I invite team members (not community managers)  to discuss this situation. You have to explain how you are planning to manage millions of dollars if you cannot calculate a simple bounty rewards pool?
2- For Bounty Managers :
    " New Community Managers" are throwing everything over you. And Underlining that Amazix is being paid upfront as Agreement. So here is the question Amazix have been paid as written on Agreement but why the bounty hunters didn't get paid as written on agreement?
    Amazix announced that they are a part of these projects anymore. So here is another question why are you leaving? Are these projects are scam for you? Can you please make it more clear to us?
Also please vote to poll who is responsible

Note: Unsold tokens are not going to be burnt!

sad for community. following this topic!

bcz they didn't keep their words ......

this position of developers has long become commonplace

Noone can really place a proper vote without knowing the whole story here. You would need to know the reason the Amazix Team was fired and the correspondence between the owners of the projects and the team.

Was Amazix fired for not doing their job properly? Did Amazix Team just quit on the project? It's hard to speculate anything til you have both sides of the story.

With the current story you have posted, you have to place the blame on novatroncapital because numbers were posted in the bounty announcement threads and if the team had a problem with the bounty numbers they should have said something long before the ICO ended. When I do a bounty, I always make sure the team is ok with what I am going to post before I even post the thread.

Now, if Amazix team quit due to finding out something scammy was about to happen and they didn't report it here, then they should be held partially responsible. Either way it's hard to speculate without knowing the whole story.

If repux are good company they never kicked amazix team from telegram group

i joined repux bounty, and
60 cents on YouTube.
48 token for  twitter campaign (I bought $ 4.8)
it is not fair to lower the award distribution from 14 to 1.

Agree! Now they can publish their own stories and community will decide who is guilty. This is an investigation topic they have enough time to write their story and share the proofs.
And this topic will protect future investors of these projects.

4 months wore their signature for $ 20
Project Scum,sorry only spent time,the developers of the project are losers,they all threw all and with such guys somebody does not know

OK OK OK OK

One more question i have ?

Who sell repux token at $0.033794 $$ where 24H VOLUME is $99,532.63 ???

Do you think bounty hunter sell those token .... its never happen bcz they dont get that amount of token .


Than who ???

Team OR advisor OR Developers !!!!!!!!! Investor never sell their token at $0.033794


So i think their is a problem on repux team ..... they are lil bit greedy and sold their own token for escape!!!!!! Mainly investor are always looser

Changing rules after recognizing too late that not enough funds were raised is not fair towards the project promoters (Bounty Hunters). Also cutting rewards by about 90% of the initial sum is not the solution here. Gladly I only did the content campaign (which at the current rate will not even pay me 5$...).
I'm especially sorry for the translators putting so much effort and time in it and getting like 20$ worth of tokens.
RepuX should reconsider their decision. Else no one will ever invest in such a project and it will totally fail.

In the chat bounty people write that for the signature company for 4 months added $ 12. And for social networks $ 1,5-2. And they joke that you can not even buy one hamburger with this money. Repux = Scam.

I heard that the long work with the table was due to the fact that REPAX itself changed the number of tokens that stood out from the bounty due to the fact that they collected little on the ICO

No,  $ 51,322.86  Look calculation https://docs.google.com/spreadsheets/d/1IjrA64rs2wn_zwNxLzF2nQ6nIiXTxszdKiUj_uMY178/edit#gid=1858358213


The price is dump, not bounty hunters. Now my 27 token for 10 week FB and TW cost 0.80$

This is not just limited to these. There are many other projects where the participants are victims. This is both fraud and labor theft. We do not want to see such projects anymore.

I agree, so we should not be silent, otherwise more and more projects will come. We worked and it has to be paid. In daly life, you get a job with a salary of $ 5,000, and a month get $360. This time no one even can't imagine, because immediately there will be a lawsuit!

You guys kind of do it to yourselves by joining these projects. Most of the time, the teams do not release the token til after the ICO has ended. The bounty manager doesn't hold the tokens in most cases either. This gives the team the option to run off if things don't go as well as they'd like.

Another thing that screws you, is most times there is no cap on number of participants. This means a billion ppl can join(which is usually the case), making weekly stakes worth pennies. The owners of the coin love it because they get a billion accounts advertising for them and give out a small sum of tokens to each.

I don't know how hard you really worked. Let's be honest here. Most of you guys took 3 seconds out of your days to copy/paste some tweets or shares on facebook. I'm not trying to be a prick here but none of you bounty hunters are really busting your asses.

Based on what mention by both side.

Repux themselve admit that they agreed with the allocation when Amazix presented the bounty thread and details to them.
Amazix manage program and spreadsheet only.  say they dont handle distribution because repux project tem will do that

And now REPUX  decide to cut it off because they say they can do that. And put blame on Amazix anyway 

So basically, REPUX TEAM is idiot and regret  for choosing the fixed allocation  and still end up  blamimg amazix Anayway.

So what i can conclude is that Repux is basically a scammer here. And when I’m in their main group there is another service provider that complaint that they did not get paid the agreed amount also and Repux team give excuse because they did not bring any profit to them

"HUSH MONEY LMAO" All this is doing is buying them a year free of scam accusations and for them to say fuck you as time ends

We didn't get kicked, we decided to leave as we couldn't reach an agreement as we thought that their decision was unacceptable. This decision was taken after the end of the respective campaigns.

I have not looked at either announcement thread, so I will ask you directly When their team decided to make changes and your team decided to leave each project, did you guys make an announcement in the threads? You should have came forward as soon as they started talking about altering the bounty payouts.

Base on the above said, my candid advise is that members should be careful about the campaign they are applying on. Applying with a newbie/lower ranked managers or those that have not built reputation overtime is risky.

The trusted members /manager can understand the dynamics of the token and the team to know if the team and coin can make it to the market or even advise the team or give the team his condition to manage the bounty because they don't want to spoil their reputation. Thus, applying in such highly reputable manager's campaign, you can be sure that token will eventually be released even after 3/6 months of finished date.

Therefore, you can go to sleep after doing your obligation to such campaigns if you have provided proper and required wallet public address .

Note : Apart from Yahoo, I know some few other managers that has delivered even from the ranks of Full Member. Names withheld but keep doing the nice job and being prompt to respond to campaign issues 👏

Yes, we did an announcement both in the bounty threads an in the bounty Telegram groups:

https://s7.postimg.cc/z9tfe4fwp/Captura_de_pantalla_2018-05-11_a_las_14.04.51.png

REPUX is a SCAM!!!

SCAM TEAM!!

SCAM PROJECT!!!

SCAM!!

Did you get exact amount as written on agreement? or did they cut the payment cause they couldn't raise enough money?
This will show us who is victim here. Bounty hunters, Amazix or Repux-Joytoken?

Whether we get paid or not is not relevant to this case as it is not the topic of the discussion.

Victim's here ...

Where is suspects or scammers?

It matters to identify victims of this case. This answer shows that you are not a victim here. Can you please roll back to beginning of this project.
Who were you in in contact with repux-joytoken teams. ?
Who is @novatron (Telegram) David Siu (I am not sure his real name is David Siu)
Do you know that same person was the "CEO" (As he introduces himself on Telegram) of both projects?

If a person comes to you and says we are running 2 ICOs same time and going to raise millions of dollars and you are going to be paid upfront and run our bounty campaign. What do you think?.
I am not an idiot person and i will be sure that they are going to scam people.

so in this case David Siu contacted you for 2 ICOs in same time or not? Please tell your long story from beginning.

It's totally the fault of the project! Was announced clear the payment amount, not the percentage. People took up the job at the expense of this amount. The project  is to blame. They put a disadvantage for yourself.

Пocлe 2-x мecяцeв yчacтиe в пoдпиcнoй кoмпaнии я пoлyчил бoлт cтoимocтью 354 тoкeнa, a кoнкpeтнee 70 дoлл paздeлeнныx нaдвoe , зaмopoжeнныx нa oдин гoд. Boт кaк-тo тaк. Пpocтитe, нo этo нe пpocтo CКAM, этo жecткий oбмaн кaк вклaдчикoв, тaк и бayнтиxaнтepoв. Зa этo вpeмя я мoг пoлyчить дocтoйнyю oплaтy в дpyгoм пpoeктe. Пpeзpитeльнo тaк жe тo, чтo кoмaндa peпyкca знaлa eщe мecяц нaзaд o cвoeм фиacкo и пpocилa вcex ждaть мecяц пocлe ИCO...зaчeм былo дypить гoлoвy людям eщe мecяц?

Ok, we never said we were the victims. The bounty hunters are the ones taking the hit.

David Siu (CEO of Novatron Capital) is real: https://www.youtube.com/watch?v=fKosBKBiy_s

He is an advisor for both RepuX and Joytoken but the CEO is a different person. Marcin Welner in the case of RepuX and Andrew MacDonald at Joytoken.

Both projects came to us from the hand of David Siu and at the same time, the onboarding procedure was standard, and at the time there were no signs of what was going to happen afterwards. The projects raised less than expected, largely because of the bear market (that affected many other ICOs at the same time), and at the end of the ICO they decided that the amount allocated was too high to be paid out in full.

Amaziks always went to the defense of their community and sought payment in full, I have long been working with projects that offer Amaziks, there have been misunderstandings about payments and Amaziks has always been protecting the community and their interests, I am sure in the Amaziks team that they defended the interests of the community !! it's not about who spent time three seconds or a few hours on the bounty, the amount for which people agreed to advance the project, spend their time and no matter how much it took time and effort, it's human labor and everyone evaluates it as it sees fit , there are expensive workers there deshovye, they designated the amount for which people were ready to work! this is marketing and work, people attracted investors and the project raised funds for their development, they pay hunters for bargains not from their own pocket, but with the coins that they printed and bounty hunters will sell them to other investors on the market, look at the project atlant , they kept their word to the community, the amount of bounty payments is higher than investment! remember what cryptography is, first of all, justice and transparency

So all understand that you guaranteed yourself with an "upfront" payment but on the other hand "we" trust Amazix and worked as labour for Amazix. So why don't you guarantee your "Labours" or "Teammates" and just say sorry we are leaving? Only rats escape first!

Under this conditions how I am going to trust you and how I am going to join any campaigns of you?

But all and Sundry are screaming that the bounty hunter drained rate of coins.
It was either the advisers or the team project. Ah and weak hands are amenable to panic

First of all i need to say that i cannot be fair on this case cause i am one of the victims.
This is not the first case for bounty campaigns and not going to be last one.

So we need to take action for upcoming scammy ICOs and scammy bounties.
Dear Amazix; I understand that you get paid and you are not a victim. So why don't you think to pay bounty hunters on a weekly basis with Bitcoin or Ethereum?

Projects are raising Ethereum and so they have enough budget on bounty payments and you can calculate weekly payments very quick on raised amount.
Or at least you can give payments %50 ethereum %50 token.

This way Scammer Project owners will stay away. This is in your hands for sure.
Crypto is community driven  economy and i am sure all our community will support this type of bounties. Everyone will be happy.
Also We are in same ship and there is no RAT! here.

Please take your position against scammers and convert your Bounty payments to weekly basis on ethereum.

All bounty hunters work (or spam) for 16 weeks for nothing this is really long time period and ended up with scam.

the project atlant also collected funds in a bad period of time and did not collect the necessary amount, but they kept their word and paid the hunters for their heads in full volume, the bounty participants had much more payments than investors, thereby raising the rating of the project, no need to tell those who promoted that you did not get what they expected was not a problem for bounty hunters, the team indicated the amount for which people were ready to promote the project

it does not matter who spent time and energy, if it is a disabled person who needs to press a button, it takes a lot of effort for this action. cryptography is primarily an equitable distribution, people were ready to work for the amount indicated by the team, people do not care how much they will collect the project they spend their time for the project to raise funds, and do not claim for most if the project collects large funds, all should be fairly fair and transparent

You didn't work for AmaZix, you worked for RepuX. We don't hold the tokens and have no influence in this decision nor any way to "guarantee" payments. If you feel like this makes us not to be trusted, then you're free not to join any more of our campaigns.

First of all, this is not our decision, but of the ICO project. And this is unfortunately not feasible in all cases as the ETH raised is needed for the development of the project. If this was to be done the allocations would be way lower than they are currently.

This is why I never join more than 1 month duration project for signatures (or I do if the payment is weekly on my wallet). I know the reward is lower in this way but if you will be scammed the loss will more accetable!

if the community continues to turn a blind eye to such things, it will not lead to anything good, such decisions are a very strong blow to investors and those people who were engaged in the promotion of the project, teams must fulfill their promises, I believe that a lie strikes at the entire crypto industry

You are wrong, bounty hunters worked for Amazix.
If company A hire company B to do job and company B hire workers for that job, company B should be held responsible for not paying workers.
You are only one to blame for managing bounty without escrowing funds.

---

It is relevant. Did you get your payment?

---

They made announcement a month(May 9.) after both campaigns ended (jaytoken bounti ended on April 22. and repux ended on April 8.).
Answer this, because it looks like you knew about changing deal long time before it was announced, also your team member stated that everyone will get their tokens, not 7-8% of arranged deal:

https://archive.fo/AUkOF
Also, how Amazix can be kicked out of their own telegram group?  :-\


I think you should answer all questions. Bounty hunters were scammed for more or less $1,500,000.

I just want to comment on the telegram problem.
They got kicked from REPUX TELEGRAM. That is not their own telegram, they just admin

Anyone can get kick out from the telegram group. Even admin.

Repux/joytoken must have be the group creator and they can kicked anyone

Idk why you want to argue about that.
Dyod about telegram first

Yes agreed.
I can see they fighting with the repux team just to secure bounty hunter original allocation and
Repux team still don’t want to honour the first aggrement. And hence why Amazix decide not to working with them anymore.

By the way for everyone here that doesn’t know. Amazix not only manage the bounty, they manage all repux telegram and becoming the Q&A support team for their token sale. So they step down and dont work with this scammer anymore when this Scammer Doesn’t want to Honour Bounty Hunter token allocation

And In all Amazix bounty , bounty hunter work for the project but it manage by Amazix

And all distribution being made by the team project.

I hope for future bounty , Amazix team can take Token pool beforehand and put it in smart contract or they hold the token first to avoid getting involved with this kind of Scammer like Repux team again.

I received 57 Repux tokens for 12 weeks.  >:( >:( >:(

The sad part is that Repux were unable to inform the community about the reduced pool before the end of the crowd sale. This is becoming more and more popular now. If people are unable to handle a simple campaign properly, I am pretty sure their final product is going to be a mess too, we have seen loads of examples earlier.

Repux scam!

may I ask?. Do you have any contracts signed with the projects for the services provided? Just want to understand the degree of responsibility of the parties.  Working conditions, time frame, force majeure must be specified in the contract.
What are the guarantees that in the future similar actions on the part of the project in the AmaziX will not be repeated?

I believe its safe to say both the project teams and David Siu are not competent as they claim to be. A lot of crypto projects devised means to reach their goals even in the bear market, with airdrops and referral campaigns that were funded from the marketing budget..

I applaud amazix for the swift action they took by notifying the public of developments as soon as they can.

If I may suggest however, I would suggest Amazix make contractual agreements with projects in the future because of avoiding repetition of cases like this.

Also a project can include conditional clauses in their bounty terms like: "In a case where the hardcap is not reached, bounty rewards will be paid in proportion to the raised funds"... I'm sure a message like this will prepare bounty hunters in advance for the eventuality of the situation.

Thats why most projects allocate a percentage of their funds raised for the bounty projects

A bounty manager is no more than a project manager. If a company employs an external project manager for a certain project, the people under him will still be working for the company and it will be the company who is responsible for paying their salaries.

There is no way to escrow tokens that haven't been issued yet (the bounty started several months before the ICO). That said, we are working on smart contract solutions to ensure that this won't happen in the future.



Yes, long before this exploded. Does that really change anything?


We found out about their intentions just 3-4 days before we made that announcement. Before that we were busy counting stakes and reviewing the huge number of blog posts that had been submitted. When finally the sheet was ready and only the exact number of tokens was pending to be added is when we found out that they weren't willing to pay.



Someone already answered this. The groups are owned by the ICO project, not by AmaZix.

I think there shouldnt be anything "fixed" on bounty campaigns.


If an ico raise 4m $ and give 800k to bounties, that means people invested Money in it would be fucked!



I think the real scam what iungo did. They made the hard cap and reduced the bounty 1/13 because they were expecting more bounty hunters!

You got scam mate

I don't trust amazix for handling bounties. Creating a company where you can be hired by a good project is very shady.
Even,
The group is not the one cause this cases, there are hidden talks between the project and the amazix team.
They just acted like the way it should. It's very clean tho..

Project owners! They are Scammers

This is the hard fact for most of the bounty hunters now and it hurts  :D. They are doing it the easy way by just copy and pasting some posts of others and they will repost it but on the other side, since there are many participants in the social media campaigns most of the time they only got a small amount of tokens. Anyway, that is how the social media campaigns runs right now. Maybe there is something the campaign managers should do to prevent this to happen.

I think it's best to just give up on this case (well the bounty payment issue) since they won't pay, and no amount of complaining will get them to pay.

What I am really interested in about, is the HUGE price drop. I'm very confused why users would dump their coins, if someone could provide me some information about what exchanges they are on, I'll take a longer look at them.

Here is the golden question:

Who would dump so much tokens, at such a low price?

Let's analyze some possibilities -->

1. Bounty Hunters - Impossible, no one got more than a hundred tokens, wouldn't affect the market at all.
2. Investors - No point, if they invested, they believe in the project and I doubt any sane person would sell their tokens for cents on the dollar.
3. Whales - This is possible. Some people will go around promising icos, ask for a huge bonus if they invest 6 digit numbers, and then when they get the token listed, they'll dump all their tokens for an easy profit. Very possible, but I would think the Repux team is competent enough to allow their ico to not be dominated by a couple of whales.
4. Inner team - Maybe... If someone agreed to work for tokens, they probably would have believed in the project and it's hard seeing team members selling their tokens for such a small amount. Maybe some team members lost interest in the project and decided to sell? This could be disastrous.

AmaZix is not to blame, they handled the project well and made the right call breaking off the relationship when Repux turned shady.

Now, let's bust these dumpers!

The guy behind the ICO's "David Sui" is a crook! SCAMMER!

Why would you want to hang on to the tokens of known scammers? You really think a bunch of liars are going to keep their promise and develope the project? No they are dumping their tokens and buying Lambo's. Anyone that hangs on to the tokens of a known scam deserves to lose all their money.

with bounty hunters, jokes are bad  https://bitcointalk.org/index.php?topic=3917884.0

Well I was with some of your Amazix bounties, but I joined by seeing projects not amazix. Amazix Team looks bad as per their behaviour, they don't update regularly and they behave as they are project owners. I am still blocked on Telegram.

Could you answer few questions to me?

In my analysis, that behavior was not acceptable and as per review of Amazies bounties it seems trusted. But I got a wrong impressions to believe for because there was a huge problem that people who've been a part of his campaign was complaining on the telegram public chats. The admins who don't update regularly could be un impressive and they couldn't stop us from calling their project a scam ico. Aside of not answering those questions you had for them, they will blocked you exactly due to the aggressiveness that you're showing in the telegram, and reality is truth hurts as we say in vulgar that they were doing scam projects.

No one blamed Amazix at all. In fact, I have stated repeatedly that we should have stated our terms clearer and that it was an oversight on our part. On to other topics, yes it is unfortunate how it all played out, but you are not being scammed. The payout has been reduced and time locked. It's not what we wanted to do, but we severely underperformed our ICO goals, and we had to make a decision. I know it doesn't make you happy or seem fair, but we aren't trying to defraud anyone. Please be patient and allow us to sort this out. Ultimately, our goal is to build a good platform in the hopes that when you do receive the rest of your tokens that they have nice value to them. I apologize for the delay.

Billy - RepuX Community Manager

That is something which was written in the bounty thread. At least they realize their mistake. But to agree to this, wouldn´t it be possible to create an Smart Contract to automatically pay out the rest of the bounty %-wise after a year?

That is a great idea and something I am trying to pull together now. I know for sure we are putting the tokens in their own address and posting it so that you can monitor it. As far as the smart contract, I don't see why not, but I have to talk to my CTO as i'm not a technical guy. Please be patient and I'll update you

Billy - RepuX Community Manager

They did in two bounties and in the end updated the spreadsheet, also their rule was we need to post on the exact date, else the links are waste. I did the bounty correctly except posting after the date since it is hard to post Reports on exact date.

I dunno what could be the reason for not crediting into account? Is it mandatory to post on exact date? and why they didn't counted on weekly instead after the bounty??

Would be nice if you could figure it out. It shoulnd´t be any problem to use ans create the smart contract. Yes it will be quite a lot of work to specifiy every amount and the details, but that should not be a problem after all

Amazix scammed many people in these bounties and still continue to scam people. As you can see they also ban people if you talk about it in bitcointalk. In thiis thread Amazix member accepted they are scamming people.

https://bitcointalk.org/index.php?topic=4475111.0

nothing more to say that Repux is a SCAM team, bounty period for months and than giving you 20$ worth tokens haha.
The worst in this is that they don't burn unsold tokens. That only means they want to keep them for themself and Scam not only bounty hounters but investors also.
people don't buy that shit ! don't let them sell tokens and get more money !

Unfortunately people will buy these token because they don't read thread like this and after that we will see new threads like " Repux scam" "Their token cost nothing". Look to the Envion project. That was first time when CEO steal money from investors, team and other, but anyway people buy ENV token so obviously people should read more topics like this.
This situation with Amazix and Repux very complicated and confusing, but still someone has to be responsible for this situation.

They are idiot and regret for choosing the fixed allocation. SCAM

BOTH ICO'S APPEAR TO HAVE EXIT SCAMMED WITH OVER $8 MILLION DOLLARS