Bitcoin Forum

Decieving Bounty Campaigns are scattered in the forum today in order to gain participants to start with a hype and a so called community. But because of abusive terms and condition. is applied without proper announcement in the very beginning until participants was surprise after the campaign ends that the payment intended for the campaign was locked for 6 months. Bounty hunters fight for your right. give a negative review if you notice that your right as a bounty hunter was degraded. join the fight.

There's already a report in the scam section about locking bounty hunters shares, it's really frustrating when they locked it for a long period of time after a long wait, I'm ok with one month after investors received their but 3 to 4 months or even indefinitely is too much.

The two coins that locked their bounty hunter's rewards are LIKER WORLD, they have unlocked the 30% the remaining 40% will be in August or September and Dexage, they promised to unlock it next month, so we'll see.

Did those bounty managers indicated on their bounty announcement thread that bounty rewards will be locked for a certain period of time? If they did, everyone is aware that the bounty they joined will do that.

I dropped by sometimes on the bounty section whenever I have spare time and it became my habit to read some threads there. IIRC, there's one bounty that I've read before that they mentioned it on their announcement that rewards will be locked to give priority to the investors. But if there's no warning or notice about that and they just changed the rules without informing their participants, they will simply add a new rule that the bounty manager can change the rule anytime.

You don't have to hide on a new account mate.

This is not the first time a complain about locking bounty rewards has been posted here. There are two projects that comes to my mind (Dexage and Nousplatform) that locked tokens due to some reason unknown yet before the bounty has started.

Can you specify what was the reason given by the team for locking your bounty tokens?

Giving negative feedback is not right here because you accepted their terms while joining so you have to be with them whatever changes they are making but morally its bad but legally not.You could wait or join on the bounties which don't have such rule.

Please don't believe all the bounty campaigns while you are looking to work in this forum. Many people created scam bounty programs to make investment alone in this forum.
so always be careful while you participate in the campaigns I have noticed many campaign manager does not paying their participants and leaving as it is.

Nowadays bounty hunters have been deceived in many ways and forms where they are unethically tortured by ways like reducing reward, disqualifying, banning, locking reward or totally not paying the reward tokens.

I'm not against your point at all friend ,this issue has been happening for long ,I've stopped holding some coins because developers aren't keeping there promises and if devs locks bounty rewards its for the sake of the project to avoid dumps but every one needs to be aware ,if that is done in secrecy I lose interest

The most painful part is that many of this project that always locks bounty hunters token will turn scam before the locking period is over. Some of them will not even tell you that they have locked it or not. I still remembered SUBAJ token. It is almost a year now and non of the hunters have seen the final bounty allocation not to talk of receiving the bounty rewards. Many of them will not tell you that bounty will be locked but they will always tell the BM to put a note that "the development team have the right to change the rules at any time". Bounty hunters token locking is another way of scamming poor hunters this days. I am patiently waiting to see what Xcrypt will also do.

Bounty managers will always announce when tokens are going to be distributed. If the coin is already listed in the exchange, you can always demand for distribution, there shouldn't be a resistance from them. If its not an exiting token though like ts yet not in the market, its best to keep calm and check the updates for the telegram this is if you believe the team will deliver.

Locking tokens without informing token holders is still better than not getting anything in return,there is still a chance that the locked will be removed someday but I'm promoted some projects since 2018 and till date I never get any tokens for example X-Block project and they are already trading on exchanges

Well, that's what you get if you work before getting some form of payment upfront.
As long as there are people stupid enough to do these bounties, there will be scams around.

You don't have a leg to stand on, since I can assure you that these projects are fully covered against possible lawsuits.
More than that, who's going to sue them when you're literally working for such low amounts...

If you do work for someone, get your payment locked in escrow or get paid upfront with existing coins that have value.

If you don't speak from the start it's certainly a cheating for bounty hunters. I also experienced such a thing and from the beginning I participated there was no locking and after success and it was finished why such things were put into effect on the grounds that the value did not fall. The risk of falling value should have been considered from the start. This is indeed unfair for bounty hunters.

well to be honest,  it's not fair.  But there could reasons for the changes.  Allo in most bounty rules, they always state that  rules can bungee changed which means we can expect anything at any time.

I would suggest opening a scam accusation against this company. If there was no mentioning of locking the bounty coins in the bounty thread, and especially if there was no mention on any of the team blog posts, Telegram groups etc, then this is definitely shady behavior.

The bounty hunters did their part in helping to advertise the project, and now the project should reward them for their efforts, regardless how it affects their tokenomics etc.

I have found such a bounty that looks promising https://bitcointalk.org/index.php?topic=5156163

P.S. It is not a paid ad, just talking about my experience

A project that does not have any hidden intention of deceiving its supporters must be as transparent as possible. Information regarding locking of bounty tokens for a period of time must be adequately disclosed from the outset so that anyone who is interested would be aware of what they are getting into from the beginning.

I have no problem at all because i always got what i deserved. Remember that becomes the responsibility for any bounty hunters to do the best when it comes to choose the bounty campaign but i have deceived by the ico so many times. But to fight them will only waste my time when i can join in another promising bounty.

its really not right to lock the reward. but as long as they promise they will pay i think its better than not paying. i join some of the bounty that not getting paid do waiting is not a problem as long they will really pay the participants.

Many developers are now doing this Likerworld I believe is the one that started this locking thing and they are not getting support, look at their price no one is buying this coin, their developers are full of deception and shit, keeps manipulating their bounty hunters and investors

I agree with this Thread, In fact im experiencing these with the recent finished bounty campaign called Xcrypt most participants was surprise since it was not include in Bounty Thread and according to the Bounty Manager the team has the right to change anything! some participants are angry with these changes to locked the bounty tokens within one month. some are accusing that they are been decieve. for me it was not appropriate for the sake of transparency it should be include in the "General rule at the very beginning to prevent further disaggrements between the participants and the team.

It is more than betrayal to "suddenly" decide to lock bounty tokens as the project draws to an end.

I believe notifying hunters beforehand is the best, thus allowing hunters to decide if to participate in such  project or not. I actually support the stance of bounty hunters fighting for their rights though lest it become a norm for bounty managers.

This is total cheat and I repeat total cheat, a recent bounty I participated in is doing the same thing having in mind that bounty hunters will be the ones to dump the coin and have locked it but yet still the coin is being dumped at la latoken and who is to be blamed, it made a clear concise statement indicating hunters are not the only people responsible for dumping. It is so deceiving to hunters in general and I think project managers should quit from it by locking bounty tokens.

Most projects like this have never developed because of their own actions and even the project died. I do not understand they made their own statement after everything was over. Locking the token with the reason that the price can be stable but in reality after wanting the distribution even the price has long fallen. I have experienced this.

I don't agree to that.so you will have to be with them and agreed when they change the rules into abusive one, we should let people know that these kinds of developers cannot be trusted and their projects should not be supported even if it is legally correct.

If the project is locking the bounty funds after distribution or after the calculation of stakes, they should mention that upfront in the announcement of the bounty. If they haven't mentioned it, they have no right to lock it. Many of new bounty campaign comes with clear terms about when the tokens would be distributed and when they'll be tradable.

We know every project has its own terms and conditions when it comes to distributing bounty tokens. But lately, many crypto projects are resorting to locking up bounty tokens at the end of any bounty campaign, which I think is not good practice. Bounty hunters are often blamed for dumping price of a coin, which is only five percent true.

In my opinion, it is better if the coin bounty is locked in a thread if the bounty project is indicated as fraud. if it's not locked, it's likely that people will suffer losses because they will invest in the coin. I think if the bounty coins that have been locked must already have previous information, although sometimes not without information in the thread.

Not sure Iunderstand why you are complaining. Often times once the capital raise is done by selling tokens nd bounty ends it often takes the company several months to get their token listed on even a single exchange. The tokens even if given immediately can not be sold any ways.  And when new tokens list many bounters immediately dump  (sell) their tokens having moved on to new bounty tasks.

if this is applied then the possibility of participants bounty and also investors will avoid fraud, I agree with this because it will be able to reduce this forum from fraud.

well, like it is stated in most bounties rules before you join them, the team or bounty manager has the right to change or amend the rules. Did you miss that part? So if eventually they lock up bounty rewards,  you don't need to to be worried because you agreed to that rule when you started doing the bounty

I think they are the ones who decide, because if they don't mention anything about the distribution date of the bonus token, we can't complain about them. To avoid such a situation, you should not join if you don't like such bounty

There are a lot of tricky things happen around bounties. You know, I participate in signature, it lasts around 1 year and they have decided to prolong it for 1.5 month more!

If you are not aware of the fact that these scammers are using you "the bounty hunters" to make money and run off with the investors money because you helped them advertise their scam projects, you are not engaging in any contract for them to oblige with your demands and hence these scammers are using you and your team of bounty hunters to scam innocent investors  :P. May sure you join together and fight against fake projects and stop advertising fake projects.

most of the bounty campaign are locking their bounty reward for a period of time.. i have participated in those campaign- they believe bounty hunters are the one who is dumping their reward- i believe some but not at all.. that is why they have to locked their bounty reward.. if they want to lock the reward it should be stated in the start of the bounty

It is a sad fact that many bounty managers or project owners tend to hide that fact until after the campaign has been concluded, that is when some of them come up with KYC excuse and just to sweeten it, they also lock the tokens for long periods of time, sometimes up to 6 months, this trend needs to stop.