Bitcoin Forum

Looking at the situation at hand now in cryptocurrency bounty hunting case, we could all see that bounty hunter has turn to a cage of war between dev and hunter these days and that really gives me concern.

Doing bounty does mean that bounty hunters are useless or something cause the way and manner developers are handling hunters now gives a very wrong signal and I see this technology as a way forward for all not a mix to scam people or get rich over night.

Though the technology is decentralized and more why we are having issue as the developer can't be sue or sue , so any bounty that hunters participate in is not a contract as we do have a clause in the terms which says " the team can change the rules any anytime " which make the whole contract useless and not legal as both party have right to decide what is good for the project after the first agreement is sign and if there must be a change them there must be an agreement between the two party not that one party will just decide on what he think will favour him alone and will now point out to the clause that say " they can change the rules anytime" 

Imagine a project who lock bounty reward for 90days base on agreement and even after that time they never release it and keep posting the hunters.

Imagine a project that assign 3% of the total supply to hunters and only used 1% and after the hard work of the hunters completing the task stipulated in the rules , the team change the rules and reduce the reward from 1% to 0.07% , like the real reward is 1M and was reduce to 70,000 for all bounty hunters .

Allowing this type of things happening and going Scott free is dmagi g the image of this great technology and making it look to newbies as a scam when many are still agitating and we that are in this space still give them chance to bad mouth our great community which I think need a very urgent attention to curb all scam project .

Quite simply, a bad project party did not receive a large amount of investment funds, which would cause problems in the development team's funds, they would choose not to pay and cause ICO to fail. All investors will fail and investment in ICO must be cautious.

Because the tokens that are not pay to bounty hunters will be turned to developers wallets. Then they will have more money, because they are real shits in cryptocurrency space and they don't care about market, community, their project, products, development. They only care about money in their wallets. That's all.

I guess you are referring to which project  :). I decided to quit and did not expect their reward anymore. This is one of worst project I have ever participated in.  :-\ What a "most potential" project!!! :)

Bounty hunters take part in projects exclusively at their own peril and risk and at the same time I have a list of duties and almost zero rights, and both the hunter and the developer understand this.
Developers do not pay because he (or them) will not do anything for it, no punishment
"they can change the rules anytime" - removes all responsibility in advance

I guess before the bounty hunters were doing their job and i thought they have understood about this. The result of how much bounty will depend on how much raised by the project itself. and so far there was so many platforms are still paid bounty hunters wil full amount of allocation which was giving an example if there was still a reliable project that can be trusted.

It depends on the project as how good it is if the project reaches the soft cap assume that the project is successful. Check their previous projects and their achievements, if the ICO's fail do you believe that they will pay? As simple as that.

I think that the only question is greed, because in most cases, developers just leave and eventually lose not only their reputation but also, as a result, the ability to do something good for the world and people.

We now have developers with malicious intent to fraud, scam and run away after dumping tokens during ico
which is why there is every need to be smart and calm while finding new bounties to participate in.

Dont mix it up and don't be in an hurry, make comprehensive researches and get your decisions spot on as wel.
Remember, it is wrong to promote false projects.

The softcap project, they will definitely pay the bounty hunter but the budget will drop a lot compared to the original estimate. Hardcap projects are the best projects and make bounty hunters the happiest

I think we need to be realistic here, some people expect a project to raise $2million and pay them $500k or $1 million in bounty, this is not possible since most projects now are having difficulties rasing fund and the change in attitute towards overvaluation of projects, bounty quota too have changed. I know some projects are difficult when it comes to this that is why you need to join campaigns that you have trust in the campaign manager

projects have a problem with payments because they cannot raise enough money on pre-sale/public sale, and if they don’t find money, they will not pay out of their own pocket. So you need to watch at the soft cap or hard cap

Whether the project is successful or not, bounty hunter rewards should be paid. Otherwise, the bounty hunter worked hard for several months. No reward? So who will pay for the time cost of bounty hunters?

I totally agree with you. When joining an ICO generosity campaign, there should be no indication that they have the right to change any rules at any time at their discretion. This makes it completely meaningless then to join, because at any time they can write that they simply don’t want to pay out the tokens earned by the participants of the ICO generosity campaign and will proceed according to the terms of the connection. This should not be. From a legal point of view, such a document is illegal.
In this case, the forum administration should establish general rules for the ICO teams in order to exclude the use of actually slave labor of bounty hunters.

I don't know if they'll do it out of malice, but many times it's not directly their fault if a project fails, many projects are in red because they don't receive enough funds for their realization, that's why they can't pay the bounty hunters and they have to extend the final date of the project, haven't you noticed that the ICOs that are coming out no longer have a definite closing date? they just say "when the soft cap is complete".

I see the reason to be the intention to scam bounty hunters. A reliable project will be upright from the beginning to distribution of tokens but if they are shitty, they keep giving excuses and eventually not pay up.

Not all bounty programs did not pay bounty hunters, many did. But what is there is that there seems to be more  developers with scam intent than before.

Well its not like they are going to pay using the funds collected but the tokens actually. But still if the team has no intention of listing the token in an exchange there goes again for the contract to be useless. There ain't no use of asking for escrow either because bounty hunters quickly get into joining a bounty campaign without it. I have completed a campaign but not getting paid too like the PayPro.

I don't know what is reason behind this but it isn't good practice and if this practice continues bounty hunters need to protest and stop promoting ico. Maybe they didn't raise enough funds but that isn't any ones problem. I don't see reason why they don't want to send tokens, it cost them only fee for transaction.

I believe any team who wants to make an ICO needs sufficient fund for bounty hunters to pay. Project can not be enough funded or may not hit the soft cap, this doesn't means that they gonna pay nothing for the work. I have done some bounty which does not able to catch softcap, but they have pay compensation payment for their bounty hunters.

Today it is possible to notice also that many eminent bounty the managers have ceased to accompany ISO in protest against the conditions obviously foreshadowing the failure.

by not paying bounty hunters means that the project has shown itself to be a scam, the development team will pay and seriously if they really want to develop their tokens in the future, the bounty hunter is like a double-edged knife, bounty hunters are very useful to help make ico and bounty hunters can destroy the image of a project that is difficult to pay

Now this topic is especially important, because many projects use the fact that the rules prescribe the point that they can change the rules at any time. Many agree to send far away such projects, but many bounty hunters are willing to work for any rules and for any money potamu that$ 20 in their country a lot of money

Because they know they'll get away with it. Developers care little that someone has spent a lot of time on their favorite product. They are ready to save on everything and everyone. So far, there are no regulators that would protect the rights of the bounty. I only hope that such projects will not live long. Bad always comes back and greed sometimes very quickly finished with the team. A good team with a good project usually pays for the work of the bounty. I hope that the old days will return and we still earn our :)

Only reason why they are getting away is because there are not enough complains for not receiving payouts.    In one regular bounty campaign there are more than thousand hunters I think if all these people start not only complaining but spread word that they were scammed, these projects will lose their costumers in short time and it will be in their best interest to send payments then.

Now bounty hunters have developed very tense relations with ICO projects, because the ICO team inscribes such clauses into the conditions of joining their project, which from a legal point of view are generally illegal, since they arbitrarily allow any changes by one party to the transaction. There are wines in this and bounty hunters who join the project, even without delving particularly into the text of the terms of the agreement. This enables unscrupulous ICO teams to abuse their rights. This should be changed now or will be changed already when states begin to regulate this type of activity.

There are bounty hunters living in countries where jurisdictions are unclear or outright illegal to obtain crypto. As such, there are many bounty programs conducting KYC procedures - which brought the attention to the fact that there were actually too many people abusing the bounty programs - creating duplicate accounts, fake entries, fake accounts, etc.

So all in all, what goes around comes around?

This is true. 2018 has amplified the importance of finding good bounty campaigns since so many bounty hunters have been deceived in different ways and sidelined leading to a relatively bad impression of bounty campaigns in general.

For example, I had participated in a particular bounty campaign during the first half of this year and it has been delayed until the first half of next year which goes to show how horrible bounties have become in general.

Bitcoin paying bounties are far more reliable in general and I advise participating in such bounties when compared to risking your time and energy for a bounty where you might not earn anything at all.

i think there are lot of reasons why the project developer is difficult to pay the bounty hunters. the one reason is that maybe the project's target soft cap has not been reached, and therefore they can't pay something to the bounty hunters. the second reason maybe the project is just fraud and they are only using bounty hunters to promote their project.

Yeah, sometimes this is happening to us. Becoming a bounty hunter is not an easy thing, we spent much time to promote a project. And after all of that, we are not paid. Actually, this is a risk of becoming a bounty hunter, but we still feel bad for that.

There is always a worry for bounty hunters now. There are ICO that reach softcap but is still not able to pay bounty hunters. I have a bad experience with investment or security tokens that are lock.  Dev of this ICO used the money for their project operation and promises that the bounty hunters can have their token unlock once the exchange is available but later has to change to token to another name. I really cannot understand until now why such successful ICO cannot unlock their token for bounty hunters who advertised ICO to reach softcap.

Sometimes some project just get away with such thing tho, but legit project I'll trust that they are really paying and have the intention to.
Unlike those scammy project even if there's millions of complain they would just keep their mouth silent because that's their intention from the very beginning.

this is the reality of the current bounty conditions, in my opinion the bad market is their main reason, some projects decided to lock a  tokens for a long time, some projects decided to reduce allocations, some projects decided to extend bounty time, and others.

2018 is a very bad year for the bounty world.

Bounty Hunters themselves to blame in this. They use automated programs to perform tasks, they spam on the forum. When altcoin comes to the exchange listing they are collapsing in price. None of the developers is not profitable. Therefore, they delay the timing of the award participants.

Yes, bounty hunters are to be blame in the part of spamming the forum but not all bounty hunters are into such thing but I dont see any reason why bounty hunters are to be responsible for the price collapsing of a project when the maximum total token allocated for all bounty hunters are just 8% over all token. Besides, I only see the new project miners as the reason for the price collapsing.

Sometimes i feel that dev team does not intend to pay the bountie anyway. They promise a lot and give little or nothing. Even projects that have reached their hardcap do not pay for the bountie that led to success.

You are definitely right about bounty managers, the good thing is, it is not every manager that has such attitudes, so you can just avoid such platform ok.
Very soon, there will be a move to appreciate bounty hunters, and even though it seems impossible to do, it will happen

and projects, will begin to acknowledge our efforts.

I support what you said but it seems like most bounty hunters only just want to join an ICO earn some $ but they ignore the most important part of going through the bounty terms and condition/ rules and regulations before joining because out of all the bounties posted on here only few are qualified.

Excuses me please ,what about projects with no ICO? Funds Here and there , won't projects become successful without funds? I believe that any project that doesn't pay bounty hunters due to market price or soft cap issue are just bad projects

It all depends on the height of Soft cap & Hard cap reached of the project. Developers will not Pay from their own pocket.

until this day all projects are not completely transparent, Blockchain now has a variety of problems from dev who do not really understand blockchain technology, payments to bounty have experienced delays / problems. Comparison of scam projects, garbage projects, good projects> 90% scam, 5% garbage, 4% good, 1% rare.

P.S remember that dev is only looking for profit

I think that the fear of the bounty hunters will sell out the tokens they have received. This will cause the token's price to be dumped. But I think that's not the problem they are afraid of. They delay paying the token to the participant and do not give any reason. Really tired when they do this

Because ICO now is diying, and projects aren't able to collect their softcap, so they often refund money to investors and close their projects, thus they have nothing to pay to hunters.

Yes, I have met so many projects. They hide spreadsheets and steal money from bounty hunters. The GlitzKoin project is an example. The entire development team is the bastard.

it is not difficult but they are afraid that if they pay the bounty token they will be dumped. but they should have been wiser when they first launched the project they needed a hunter bounty but after their project they managed to throw it away. this is a very cruel thing.

there are certainly many reasons why the developers do not pay. but no matter what the reason, it is usually unfair to the bounty participants. these are usually the losers and nobody can help if they get not paid.   :(

Well maybe it depends on the project if the project good and earn so much money through ICO bounty hunters will get pay. But in 2018 so many project cant reached their softcap and thr project turns into fail project. The other issue is team delaying distribution process and it makes me sad.

Well it depends on the Platform who run the Bounty Campaign! if the devs are true and transparent enough, Im sure that we getting paid ontime as promise. But if the platform that run and ICO is bogus and shady background it means the devs are also faked so dont expect to get paid with our work! thats simple.

I myself am an active participant in the bounty, and the situation around the participants in the bounty is indeed not quite satisfactory lately. Many projects simply cheat and do not fulfill what they promised at the outset of the bounty program.I think that this all depends on the situation on the market. That's all. You shouldn’t give up, because there are still worthy projects that are willing to pay generously for the work performed by the participants in the bounty.

The bounty hunters are always the underprivileged.
 You can see that the current projects work very long but the reward is quite small. There are even scam projects or tokens we receive that do not list on any market. This makes us really depressed and upset.

You are right , participate in bounty campaigns, there is always the risk of being left without remuneration for many reasons. I also don’t like the fact that developers can change the rules throughout the whole campaign, but it is possible that the ICO project market will be regulated in the near future, in some way and the projects will give some guarantees to investors and, accordingly, participants in the bounty campaigns will also be less exposed risks not remain without  reward.

it is not difficult for them they are the one making it difficult to the bounty hunters. i have joined a bounty campaign and they don't require kyc but after the bounty is finish they required kyc for bounty participants. they said they change rules due to certain reasons. some or many people will change if money is involve.

With such an attitude to the hunters, is it worth it to continue to participate in the bounty campaigns, if we are not paid, we may not work for them, sooner or later it will be, because everyone is trying to deceive 

It seems you are reading my mind. The unfair treatment of bounty hunters is gaining momentum. After many months of work done, we just need to gnaw our rewards, meeting with manipulations and cunning from the project team. By subscribing to a project, we constantly take risks, we do not know whether it will be successful or not, whether we will receive a reward or not. The work of bounty hunters is very ungrateful.

I'm a bounty hunter as well, and I always find it absurd anytime I'm not rewarded for my work. But, I've come to realize that it all depends on the project itself. If the project comes out successful, I think they'll pay. But, if it doesn't, it's not possible for them to reward us bounty hunters.

My opinion is that they should pay the bounty hunters, even if they didn't reach the soft cap.
The best would be at least two bounty campaigns during the ICO, so they could pay the first bounty and the tokens could start to be traded and possibly attract more investors.

I think this is not an excuse. already a risk in this regard because crypto also is in a condition that is not good. the result of the bounty necessarily must be accepted and if indeed want big results then stand alone in a few years. the developer may also sometimes feel annoyed because they also feel always blame with a situation like this where the bounty hunter is always demanding more than what they get. even though the developer team also has the right to set up a system in such a way and sometimes also made problems.

It is not fair to the hunters if they change the rules after the campaign has been completed. But, they can do anything they want and this is the risk of participating in bounties. You can complain about it but you will not get more coins. Hopefully not many projects like that and I am sure they will not be a successful one if they treat the hunters that way. They will not be different to their investors as well.

All depends on the development team because they are directly connected with the ICO Team. I think they don't pay bounty hunters because sales don't reach Soft Cap. And from my experience, I got a project that sales did not reach the minimum sales target. And the most difficult is if the team changes the rules for bounty hunters.

Most of the ICOs were going on the bull run, and even if they got a lot of eth for their project, it doesnt worth much now, and most of them just get a fraction of softcap anyway...

thats the struggle of every bounty hunter nowadays. since most projects are paying their own tokens, you can never be sure if you will really receive it or not. even if you research the project and seems that everything will fall into place. there's no guarantee that they can achieve their minimum targets. ive seen great projects but they haven't got their target funds ending up scrapping it. and whats more, once you received those tokens, the value already decline to as much as 5-10% of ico price, now where do you want to go in this kind of blunder? unlike those days, sig campaigns are mostly btc-paying campaigns. you will hardly see that now.

"should pay" - What should they pay you, if the project didn't reach softcap and they closed project? They can send you their tokens which are worth of 0 and what will you do with those tokens?

You should name names or drop these people who scam bounty hunters and if they are bounty managers that is offering bounty management then they deserve to be red trusted, there are still a lot of campaigns like these now, they are afraid that bounty hunters will dump all their shares, they do not have confidence in their coins, that if it is dump, there will always takers.

It has been really hard for the Teams to collect needed funds from the ICOs these days since lotf of Investors are not interested in Buying from ICOs. In this scenario it is highly natural that ICO Teams are never comfortable with Bounty Payments with the amount of funds they getting collected.

I think it is because when the project was a success and it raised so much than expect, then devs usually are getting greedy about it if they want to share it to the ones the helped them achieve it.

I can understand that developers do not pay tokens if they have not reached softcap.
But i can not understand that some developers do not pay even though soft or hardcap has been achieved.
Currently bounty participants can not do anything about it and that is bad.

If the project has achieved Soft Cap sales, they must be able to pay the bounty hunter. But not all developers can pay for it, but there are developers who commit fraud. And things like that that sparked debate between developers and bounty hunters.

before the market conditions are bullish, there have often been a number of bounties cutting allocations, pending payments, not even paying at all, etc. Even a successful ICO often happens like that, as a bounty hunter we must be prepared for such a reality

I have never seen a genuine project that does not fulfill it's promise as made concerning bounty hunters, expect for those that the team is fraudulent or that the bounty manager is a cheap. Then most times, the team of the project by themselves do the payment. Which is why i am always careful of the type of project to participate in.

The problem is that normal developers follow the roadmap. The only thing that they can do is hold the project and not launch it on the exchange. All projects that lead debt payments cause no confidence. At the beginning they send tokens to the investor, they successfully sell them the price of a coin, and then the hunters get us the same 1%. Which is not worth nothing.

I think because also of the market situation right now also some of the project didn't go that well. The developer also is following rhe roadmap and wanted to make it works but sometimes it affects also the financial status of the project.

i hope it was not unintentional that they can't pay.. but thenm

I as a participant of many bounty companies noticed that in this kind of earnings there are a lot of problems, and the most important of them is not the fulfillment of the conditions by the organizers of the bounty company. Very often there are cases when the participants of the bounty companies do not get anything for their work, or get very little. I think there is nothing we can do about it, it is on the conscience of the project team, and we should take it normally

The developers find it difficult to pay hunters because of the inherent greed in them.Now,some developers are first class fraudsters to the extent that they will say there will be no kyc in the begining ,but at last they will introduce kyc,and this ugly trend going on has resulted in many hunters loosing their tokens.
Sometimes ,they reduced the percentage of tokens assigned to the hunters without reducing the percentage of their own allocated tokens.Sometimes, the say that hunters might dump the tokens once you  give them the real amount of tokens.The question is,are hunters percentage of tokens more than the developers percentage of tokens?The answer is no.I said no because hunters are given 2%,3% and 4% share of the tokens ,,while developers get like 20% share of the tokens.
So,it is high time people incharge take this issue very serious because some developers are subjecting hunters to inhuman degrading treatment ,and it is very bad.

This year is very difficult for ico projects, if we talk only about good projects why they delay payments, then I have 2 reasons they are waiting for the market to turn around and begin a bullish trend , since the amount of fees in Ethereum was much higher than now , and the second they just do not want to pay the hunters

I don't think it's too difficult to pay bounty hunters :). Developer just need to pay enough amount of token that they promised right at the start of bounty campaign with a public final spreadsheet to let all bounty hunters know amount of token will they get. Bounty hunters don't really care too much about the price of token increase or decrease, they care about they'll get which they deserve.

Even if the bounty is 1% or 3%, then the ICO is done. Depending on the success of each project, they find it appropriate to pay the token they originally promised. There are many projects after the ICO did not reach the desired amount. And they really do not want to pay the bounty hunter

I think in the future the bounty rules will be changed. Bounty hunters should be protected from fraudulent projects and should receive their reward on time. Developers need bounty hunters to attract new investors to their project. I think that in the future it will be possible to create a similar model and then everyone will be comfortable to work.

there's a bounty that i joined change their rule from paying after 1 month of end ICO become paying it 4 times in spans of 3 month and they only paying it twice and there's no explanation anymore from DEV.
we bounty hunter can't do nothing about it since there's no regulation regarding bounty.
they can change the rule whenever they see fit and that's really put a bad taste in bounty hunting.

I would like to know too ... It is true that many ICOs and related bounties were conceived during the boom period, when whatever was done generated interest and money.
Now the ICOs no longer clarify anything, and as a result do not pay the collaborators.

the remuneration must be paid in any case, regardless of whether the project is successful or not, but not all are conscientious and it is very upsetting.

More often difficulties with payments are connected with bureaucracy, greed, laziness, and carelessness! I know some teams which reduced payments tenfold cause tokens cost a pretty penny. It turns out, bounty hunters are not protected by the law.

Developers is first should normal to calculate the forces. They should set only those goals that can be realized. If they were all realistic about their capabilities, there would be fewer problems.

I have several tokens that I can never use, since the project was closed before it even began and no one is going to resume it. And what good is that they gave me? Therefore, even distribution is not a guarantee.

Many developers only care about their wallets. They stole from bounty hunters brazenly. I've got so many developers and that's a very annoying experience.

Developers act as sellers of their project. Investors are buyers. Salespeople are always trying to present their project with the highest quality possible in order to sell it as expensive as possible.

I don't think they're that malicious.
They're mostly incompetent.
Failing to pay your bounty hunters is kinda like investing in NEGATIVE PR for your project.
No-one benefits from this, except the wider community, which can clearly see that a project is garbage.