Bitcoin Forum

What happened: Committed scam with bounty participants
BQT website: https://bqt.io
Bounty thread of BQT: https://bitcointalk.org/index.php?topic=5018781.0
Archive link: https://archive.is/2BdLo
IOU website: https://iou.io
Bounty thread of IOU: https://bitcointalk.org/index.php?topic=5001075.0
Archive link: https://archive.is/XESjb

                            https://i.imgur.com/OPW75ZW.png



Hello Everyone,

I think most of our community members are well informed about Bounty manager zapo (https://bitcointalk.org/index.php?topic=5043497.msg46489587#msg46489587) and his story. That's why i don't want to waste your time by telling his story again.


Below quotes draw my attention and i feel it necessary to open this thread.


Its already been 11 months that they have launched their bounty campaign on bitcointalk and ended with successful exchange listing. Their commitment was that they will pay their bounty rewards within 40 days after their ICO sale.


It is to notify everyone that after successful ICO ending they are currently listed on multiple exchanges. You will easily find them on coinmarketcap.

You may visit below links for clarification
https://coinmarketcap.com/currencies/iou/#markets
https://coinmarketcap.com/currencies/bqt/#markets

I have checked their spreadsheet and see that they counted all stakes for participants there but still now they haven't sent any stake to anyone. I also checked couple of participants ETH address and got no transaction there. For example tvplus006 (https://bitcointalk.org/index.php?action=profile;u=1311641) is one of their bounty participant and his ETH address is 0x931e9dD50640Fc99BD715517c3b28D6190954262 (https://etherscan.io/address/0x931e9dD50640Fc99BD715517c3b28D6190954262#tokentxns). He haven't got any bounty token from them.


Finally i wanna say that its been a long time these two projects bounty campaign ended and still they haven't paid their bounty participants. Even there is no recent update for their bounty participants about payment. So isn't it right to think that they have committed scam with bounty participants.

I feel, it'll be more appropriate for any affected members to come over to this thread to testify that the project (team) has intentionally refused to pay bounty participants and not some payment postponement. Seen some projects postpone payment of participants to 6-24 months but finally pay the hunters.

Also after testifying, the affected user can then create a flag and request for our support. Great job though bringing this development to the community knowledge.

Is Atriz/Zapo in the middle of another controversy??

As far as I know, there was an accusations against this project before, BQT.io, IOU, Betmaster accusation investigation [RESOLVED] (https://bitcointalk.org/index.php?topic=4931035.0) by @xtraelv.

They run a successful bitcoin campaign there though, [ENDED] 🔥IOU Signature Campaign | Member - Hero | 0.0007 BTC /Post 🔥 (https://bitcointalk.org/index.php?topic=4846530.0) and [ENDED] ⚡BQT Signature Campaign | Member - Hero | 0.0007 BTC /Post ⚡ (https://bitcointalk.org/index.php?topic=4862272).

So I don't know what's the hold up on bounty campaign payments.

Zapo was last active almost 3 months ago. I have remembered I was signature participants of BQT. That time they paid as promise. There was few accusation which has been solved later on. Team was most active about their ICO and seems they haven't scam their investors.

But as OP mentioned about their bounty, it was really unexpected. Although I didn't participate on their bounty but seems lot of people's participate there. I can't see any update on their bounty thread and I don't know if they have any account on this forum. Perhaps victims know more than us.

OP have you tried to ask or contact on their official telegram group about their bounty stake?

Yeah there is so many members in this community who participated their bounty campaign but still waiting for the bounty rewards. Its not a good example that some projects were postponed their payments to 6-24 month and i hope you will be agree with me too. Most important thing is that they have broken their promises about bounty reward distribution timeline and still its unconfirmed.

One thing is looking so strange to me that both of these tokens are listed on exchanges and trading is live. What was their problem to distribute bounty rewards? Every single bounty participants have their rights to get their rewards. If bounty participants can follow their terms and conditions then what about their commitment. IMO its a complete fraudulent activity and we should take proper actions for this kind of things.


Before taking the job of bounty management it's managers responsibility to make sure participants payment but in this case i am not seeing anything like that. Zapo is inactive for nearly 3 month and payments deadline crossed a long time ago. Their bounty payment commitment was for 40 days after the end of ICO sale but its already been 11 months. So what you gonna say about this issue ::).

Maybe we will be happy to rise our voice against zapo or team when both of this token will be delisted from exchanges and participants will lose all their hope and token value.

Got it, i understood all you just said and I won't be happy too if payment gets postpone for a campaign I participated in although this campaigns have a shady way of getting away with most of their tricks to delay payment most common is the use of their T&C that indicate "They reserve the right to make amends to the bounty rules whenever they feel like". In cases like this there isn't much a hunter can do.

Since you're familiar with the project and it's bounty participants, hope you don't mind pointing them to this thread to give us a clear picture of what's actually going on then the affected users can create a type 2/3 flag for we to support.

Honestly I feel it necessary to expose this matter because bicointalk have enough fame throughout the whole crypto universe. Its because of its larger community members and their helpful activity. But if forum's community members don't get enough value from this kinda ICO projects owner or team then obviously its a bad luck for us. Those guys are raising millions of dollar($) by using this community and in return what we are getting.

In one words i can say that some of these ICO projects are giving so much priority to exchanges, review websites, social medias rather than bitcointalk and its community. They are ready make larger payments to others but when it times for bitcointalk they are really unprofessional. They are continuously doing this because they are getting all project related service for almost free from this forum. Just purchase the copper membership and make ANN,,,,that's all. In few cases they are hiring experienced community members as their project bounty manager. Are they enough?

Managers are providing their services and they obviously deserve their payment for their hard work. But can anyone tell me the exact percentage % how many ICOs are taking the service from managers. Most of these projects are making their ANN by using new born accounts and i believe its working as an encouragement for ICO scammers.

Its totally unfair in my opinion and we should find a better way to reduce scam attempts here.   

Seems aTriz (https://bitcointalk.org/index.php?action=profile;u=135920) was active yesterday. I have sent him PM to respond on this thread. I am not aware if there is any account from BQT & IOU. So I can't see any other way to contact with team on this forum. Perhaps someone could try to contact on telegram. Since manager active he should be reply on this thread.

The table shows the amount of 2536.8 BQTX and 420 IOUX for the bounty on Twitter and Facebook. Which I have not received.  According to coinmarketcap on August 8, this amount is $ 315 per BQTX campaign and $129 per IOUX. The total amount is $ 444. Here we see type of flag 3 - "This user violated a written contract with me, resulting in damages." But I see no reason to do this in relation to the Bounty manager. The manager does not distribute the token. The manager did his job - counted the tables. This should be done by the project team. And I do not see a representative of the team of these projects on the forum.

Bounty manager was last active on his account 3 month ago and yesterday he was active on his alt account. Interesting thing is that he is trying to stay away from the account by which bounty ANN was done. Isn't it a cheap trick to ignore bounty participants ? Its pretty much clear that we are unable to contact with team or bounty manager zapo.  After seeing this situation i have a question and that is;

What will be the proper action to solve this issue ?

Tagging bounty manager or opening flag.

Thanks for sharing your story here. At least now we will be able to find a solution for this issue. I hope our forum experienced members will take part on this thread to find a proper solution.

Understandable one of the users affected (in the person of @tvplus006, have indicated interest not to flag the manager therefore there isn't much we can do as we weren't affected directly. So unless another user comes in to give a different point of view then we can engage on the debate of whether to support, ignore or oppose the flag.

For now I suggest, just the projects accounts on forum should be tagged (given negative feedback) as they're the ones refusing to pay the bounty participants.

You know though, this medicine after death practice the forum is using (tag after scam has already been committed) isn't actually solving the problem, as most time the hunters don't still get paid. We need new effective solutions.

I have already notified both of these projects bounty participants about this scam accusation and hope they will join the discussion here. I think they have their rights to share their self opinion to find a better solution on this rising issue.

Yeah i am kinda agree with you but there always should be a limited timeline otherwise how much time we will wait for tagging or opening flag against them.

Expecting our community members attention for a proper solution about this rising issue. Personally i think its not a simple issue to take quick decision without investigate the whole matter.  After feeling its importance i feel it necessary to move this thread here.

I believe our experienced forum members will find a proper solution for this issue which will encourage worldwide crypto projects to continue hassle free bounty campaign on bitcointalk.

I was in one of their signature campaign, if i remember correctly the campaign was abruptly stopped a few weeks before it had to end. Fortunately there was no problem with payments, but as we can see, this was not the case with their bounty campaign.

I think only way to get answer why bounty participants have not been paid so far is to contact someone from the team of BQT&IOU, and we have some details about them here https://bitcointalk.org/index.php?topic=4931035.0 (also posted by Baofeng).


So we have user who have all info about teams, probably some info he did not publish before - maybe is now time that he publish everything, or at least their e-mails.

Apparently.  I'm not familiar with this bounty and was surprised when I saw Zapo's name here, because I thought he'd disappeared after all the controversy.  Last I heard from him was when he was admitting that Zapo=aTriz and apologizing and promising to repay some folks.  What I'm not surprised about is that he's embroiled in another scam drama, though I was hoping he wouldn't turn out to be a scammer.

I was in a few of aTriz's campaigns, and he was always a solid campaign manager.  He always paid on time and in full, and I never got the impression that he'd do anything like this--that is, until the evidence came along that he was being less than honest.  It's too bad, because I actually always liked aTriz.  But I've always suspected that the person I was dealing with either sold his account or let someone else have access to it.

You know though, there's nothing that much we can do to change the situation. I have been following this accusation and if what you said above (about alerting affected users) is correct and yet none have showed any concerns them we're only wasting our time here. The bounty participants seem not show any concerns so what's the need of debating on the issue.

From the evidence you have highlighted it's very clear the project has broken a contract with the bounty participants they hired and haven't paid. It's left for an affected hunter to create a flag and we support to make it active, that's the best case scenario and nothing more to investigate unless we want to debate about the manager getting flaged/tagged too.

It is not true that nothing can be done, we have on this forum their photos and names, and user xtraelv is have some extra info about their teams. They should be publicly marked as scammers, so they don't get a chance to cheat on someone in the future.

They probably think in a way that crypto users are just fools that can be used and discarded when they are no longer needed. If you just say that nothing can be / should done, they and others like them will do it again.

The money earned by others is spent this way, and for me, this is a complete fraud that should end in a lawsuit.


https://i.imgur.com/ys5MVHs.jpg
https://i.imgur.com/5ZD7F7p.jpg
https://i.imgur.com/voft8r4.jpg

Bounty participants are on a rare situation from where they are still expecting their rewards and that's why they are silent. At least we can't. I think it will not be a wise thing to  take this issue just as a topic of debate. Its a matter of entire forum's fame now. If we forget this issue easily and let them flee away then its going to rise so many questions. I wish you got my point mate. Scammer is always scammer. It doesn't matter what he did in the past.

I agree that participating bounty campaign is totally depend on hunters. But when someone got scammed in front of our eyes then i think its not a waste of time to reveal scammers face.

Completely agree with you. We can't let them do their fraudulent activities again.

A case like this happens so often, so I suspect those participants probably already forget it and move on as their concern won't bring anything to the project they promoted. Unification can get free from this, or any other project that in the end don't pay and delete all concern posted on their Telegram group. Unless some ICO or crypto review channel on Telegram starts posting shit about them, they just don't care.

It's a pity. Maybe hunters should stop doing their work or at least they should demand payment upfront before they join any bounty or scammer will continue using them.

With the earlier accusation I spoke to the CEO (Edward) of BQT who was listed as an adviser on the IOU team - they appeared quite genuine.  I'll send him an email and ask for a response.

There may be a genuine reason.

EDIT:

The CEO Edward Mandel has responded back to me and discussed the situation. At this stage I don't have much to report back other than they are looking at resolving it.

Interestingly they will try to resolve the situation after you contact them, what they have done so far, hoped that no one will ask where is our hard earned money? I am particularly interested in this case because I promoted them in signature campaign, so some of people who are not get pay for bounty are probably participate via my signature.

Any new information is welcome.

I'm currently not home much so a bit slow with the responses. I sent a message to Edward for some clarification but it saved as a draft rather than get sent. (I didn't notice earlier) I re-sent it yesterday so he has not yet had much time to respond.

I know from my previous dealings with them that they are not much on bitcointalk and entrusted their dealing on bitcointalk to a community manager. I found them to be transparent and easy to deal with when I dealt with them when the initial accusations (https://bitcointalk.org/index.php?topic=4931035.0) were made towards BQT and IOU

The community manager has not been online since May.

https://i.imgur.com/lvRCKvY.png
https://bitcointalk.org/index.php?action=profile;u=2015835

EDIT:

I haven't paid much attention to BQT or IOU since the last issues so I am still getting familiar with the issues surrounding the signature bounty campaign.

I notice that Zapos second to last post was in October. (Last post about BQT)

https://i.imgur.com/KMO5wsi.png
http://archive.fo/DH7x2

I am not sure that bounty manager should be blamed because bounty participants are not paid 11 months after they were promised to get they rewards. There is only a possibility that team BQT&IOU give zapo this task (to pay users), and he is take tokens and disappeared, although it is unlikely option. Signature campaign is paid in full and on time, though it was abruptly interrupted before end.

I can only say that professionals do not behave this way, and if this thread is not started they would never provided any explanation. Maybe you can make a suggestion to their CEO to come to this forum and explain some things?

---

Does anyone have at least an approximate amount of money they need to pay to bounty participants?

All our doubt will be clear after getting proper explanation from team. As you have seen that xtraelv have already sent an email to team and we should wait until we get their reply.

No way to deny with your thinking about their unprofessional behavior. My only intention was to let others know what actually happens with this two projects campaign participants and i think its visible to everyone now. Hope to find a proper solution for this issue through this thread.

I don't know how much exactly are the bounty hunters owed but their bumping service has been paid/renewed as of 27th this month after having a three-week pause. Both announcement threads (BQT and IOU) have around and over 100 pages x20, that's 2000 give or take fake comments each (more than 95%).

That's the first reply after the short break:


From $1.26 on 29th July to $0.09 (as of today).  ;D

https://i.ibb.co/ZJjS5sV/bqt.jpg

I visit BQT thread, and post about how participants of their bounty did not get pay for they work, but no reply on that post. They just continue to post nonsense posts which just proves that these are paid accounts. Maybe teams reacted on this thread, and that is only show they use suspicious methods for the purpose of promotion.

aTriz replied today to me, but I don't think he is serious about that matter.


I don't think this is appropriate answers and I am not feeling happy with that answer.

Inappropriate answer or not, aTriz job is done and it is up to the BQT and IOU team to do theirs.
tvplus006, who is a participant in that bounty, also agrees.

https://bitcointalk.org/index.php?topic=2482937.msg51197190#msg51197190
https://bitcointalk.org/index.php?topic=2482937.msg52306449#msg52306449

It appears other atriz / zapo bounties are late paying out too.


EDIT: atriz / zapo has since contacted BQT and is trying to help them sort out the bounty audit.

It appears he has lost access to some of his accounts related to the bounty.

I've been communicating with Edward who is the BQT CEO and who is working hard with a BQT team member tasked with resolving the issue.

It seems that campaign manager is guilty in this case, he lost some accounts related to the bounty, so it is possible that he did not even send any data to BQT & IOU, and they just ignore bounty participants part of the story.

From atriz / zapo "what should I say there?", to helping BQT team to sort out the bounty audit.

They both reacted just because this thread is open, otherwise no one would ever get 1 cent from this bounty.

I brought it to their attention when I saw this thread so - yes - the thread has been a positive influence in getting some action. I'm unsure what was done about it prior to this but there certainly has been action on it since. BQT have been quite forthcoming with information to me so I am confident that it will soon be resolved. None of the BQT team that I spoke to is familiar with bitcointalk so they left that task to a professional bounty manager that had been recommended to them.

From reading the Gunbot thread it appears (https://bitcointalk.org/index.php?topic=2482937.msg38986408#msg38986408) the Gunbot bounty was payable in May 2018 ? (https://bitcointalk.org/index.php?topic=2482937.msg50962850#msg50962850) which was run by atriz and is only just getting sorted now.(September 2018)  (https://bitcointalk.org/index.php?topic=2482937.msg52306449#msg52306449)

It appears their issues were very similar.

. (https://web.archive.org/web/20190903114953/https://bitcointalk.org/index.php?topic=2482937.460)

So based on your statement BQT/IOU is positive with bounty stake, falt goes to bounty manager who is acting like irresponsible manager lately. And obviously I trust you personally and your judgment as well. However, I have talked with aTriz and I don't think he have contact with team lately. Since spreadsheet is open for everyone team could distribute themselves or they might hire someone (even you) to distribute bounty stake. So let's wait and see what response come out from manager ?

I've had extensive conversations with the BTQ team. Their focus is on resolving the issue rather than finger pointing and laying blame.

Personally I like that approach - as it is focused on what everyone ultimately wants (getting paid) rather than on something that has already happened.

They have been updating me regularly - which parts of which I post on here.


I have seen screenshots of the recent conversation with atriz.


They have someone that was tasked with the bounty audit and I have seen the spreadsheet. I have offered to post communication on their behalf on this thread (I'm waiting for their official response to post on here).

I did discussed with Eddie M (the Edward) regarding the payments. they are working on it. and soon they'll pay bounties.

Can you give an exact date or a projected date on how “soon” it will be so that the bountry participants may have a time table on when they can expect to receive their payments? I think when the 11 months have lapsed after the ICO listing you should at least give the unpaid bounty participants some kind of assurance on the promised payment and not only tell them that they will receive it “soon”, because saying it vaguely like that won't really give them a peace of mind.

OP is linked both (BQT&IOU) bounty threads and post notice in them, but since it's been 11 months that participants should be paid, it is obvious that most have completely forgotten on this. I don't think it's realistic to ask for an exact date for payment, it is essential that the whole thing started to move in the right direction.

I would request every participants to keep patience about their bounty payment. I am trying my best to find a proper solution as soon as possible. Getting delay payments is much better than getting nothing IMO.

Patience is really the key for the participants when it comes to delayed payments but we are talking about almost a year of promise that a payment will happen "soon" and I don't think it's good enough to see that after 11 months of waiting you will only receive an update that they are "working on it" without really going into detail whatsoever. I'll give a thumbs up that aTriz have updated the current situation but if that "soon" didn't happen at all then it is really all for nothing.

That is not true about BQT. Bounty payment was due 40 days after the ICO finished according to the bounty. This was a promise made by Zapo but left for others to sort out.  ICO finished earlier this year.

Atriz /Zapo is no longer involved in the current process.  Someone else has already been tasked with completing the audit which hadn't been done but is part of a bounty managers task. Other projects have voiced the difficulties of such task when it is not completed by the bounty manager.

I think this project is unfairly targeted for a payment that is overdue at the most for 3 or so months while other projects in the same situation but overdue for more than a year have not been complained about in the same way.

Such inconsistencies tend to happen regularly. I think people tend to get overzealous in calling others "scammers". Especially if they do not have active representation on bitcointalk.

I believe that Theymos has a symilar opinion when he said:
https://bitcointalk.org/index.php?topic=5139179.msg50888622#msg50888622

Both myself and Talkstar have been in contact with BQT. With a previous allegation against them they provided all the information and did exactly what they said they would - leaving the previous allegation without foundation. They ran a successful ICO raising millions. Spent millions on building their project and paid their signature campaign participants. I see no reason why they would "scam" their bounty participants for a few  dollars worth of tokens which they set aside for the bounty at the start of the project.

So you think Talkstar is open this thread with no real grounds, and that he is "unfairly targeting" BQT&IOU for not paying bounty participants x or xx months after the promised deadline? I think it's wrong to set things up in a way "They all do same things", so why BQT should be different.


You say few $, but only one user is calculated they own him $444 at posting time (August 8.)


Total amount of tokens in both bounty is 1 million tokens, so we are not talking about few $, but depending of tokens price much more money then that. Price of both token is go down, and BQT is from ATH $1.74 (May 20, 2019) now at only $0.08. So by "forgeting" to pay participants in time, they will maybe give them tokens that are much less valuable.

For example tvplus006 tokens BQTX 2536.8 x $0.08 = $202 / IOUX 420 x $0.23 = $96 - in total $298

I agree with Talkstar opening a thread. It brought it to their attention.

I disagree that it is a scam by BQT or IOU.  There are other projects that were affected by the same bounty manager that are far longer overdue but nobody is accusing them of scamming.

Definition of a scam is a dishonest scheme or fraud. There is no proof that there was any intent of dishonesty or fraud by BQT.

If I accused all my customers that were late paying my invoices of being scammers it is likely that I wouldn't be in business for long.

While I believe it is up to BQT to sort out - which they are doing. I am sympathetic towards the reason for the delay - which I believe is not their fault.


Not correct. Look closely at the graph. There was no trading volume prior to August 1 on that graph.



If you look at the graph at the bottom it shows volume. There was no volume traded before August 1 so it is likely that the value was based on the issue price based on ETH from the ICO (and fluctuating based on ETH price) or on very low volume  - not real trading price.

You could be right, but looking at ethplorer there was definitely some volume activity prior to August 1st. (i tend to not trust any website on their volume stat accuracy for that matter).
https://ethplorer.io/address/0x9d8be94d0612170ce533ac4d7b43cc3cd91e5a1a

Since you are in contact with BQT, would it possible for them to provide btc/eth addys for their sold tokens? According to ICOBench (https://icobench.com/ico/bqt) they have sold tokens worth of ~$37,000,000 (BQTX=1.0800 USD). Hopefully, it's not 98% sold for fiat in private sales? haha 
I'm asking because in last years bear market most projects had trouble raising any kind of money. That $37mil somehow stands out...is it not?

Also coinall was trading as low as 0.04c already on 15/7/19 according to their statistics.(I think that was the first day listed)
https://www.coinall.com/market?product=bqtx_usdt

they didn't told me any exact date. so I don't know how soon they'll pay. they are working on that by themselves. and no. I'll not give any kind of assurance. I can't even if I want.  that (giving assurance) was never part of my bounty management work. it was very clear that joining bounty programs of these IEO/ICO projects involves risks. everyone accepted that.

Can we say that this thread is only reason why they start to fix this situation, and in case that no one is asks questions, bounty participants would not be paid? I am fairly convinced that this would be the case, just because this is a common situation when it comes to bounties. So proof for possible scam is in that BQT&IOU ignored this problem, and when you say "I believe is not their fault.", who do you blame for all these months of delay?

My personal interest in this is that participants get pay, just because I promote BQT&IOU in signature campaign, and it is not good feeling to know some people may get scammed in this project.

https://i.imgur.com/NsBBn9B.png

Message from Edward (CEO of BQT) copy and pasted on his behalf. (See screenshot)


https://cryptopotato.com/cryptocurrency-leaders-unimpressed-with-facebooks-libra/

https://blockonomi.com/bqt-p2p-social-exchange/

https://finance.yahoo.com/news/cryptocurrency-trends-080051071.html

https://bitcoinist.com/there-are-now-more-ways-than-ever-to-invest-in-crypto/

https://www.youtube.com/watch?v=6JMwxdpQuzA&feature=youtu.be

https://cryptodaily.co.uk/2019/07/a-time-of-plenty-for-cryptocurrency

https://www.livebitcoinnews.com/in-the-face-of-libra-why-decentralization-matters-more-than-ever/

https://www.chipin.com/cryptocurrency-exchanges-pollyanna-finance/

https://bitscreener.com/news/crypto-exchange-hacking-the-perfect-crime-and-the-industry-s-response

https://www.zerohedge.com/news/2019-07-15/crypto-trading-ecosystem-expanding-rapidly

https://www.cryptoninjas.net/2019/07/16/a-new-exchange-flood-is-mitigating-cryptocurrency-centralization/

https://usethebitcoin.com/what-are-2019s-new-exchanges-bringing-to-the-market/

https://cryptovest.com/features/do-we-really-need-so-many-crypto-exchanges-yes-and-heres-why/

https://www.newsbtc.com/2019/07/17/bnb-token-now-listed-on-bqt-exchange/

https://www.coinspeaker.com/bnb-solid-investment/

https://smartereum.com/59339/interesting-times-as-bnb-token-listed-on-bqt-exchange/

https://www.youtube.com/watch?v=LV9z7HSmMuU&amp=&feature=youtu.be

Source: Message from Edward Mandel CEO of BQT on chat between TalkStar, Myself and Eddie.

It is to notify everyone that BQT team is showing enough professional behavior about this issue. They are continuously giving me updates about their work and i hope very soon bounty participants will receive their payment. I believe every project owners are very much careful about their reputation and it should be. Because of their previous bounty manager's alt account issue and inactivity they were facing this unwanted situation. They have promised me that they will resolve it as soon as possible. From my entire conversation i realized that they have deep respect about our forum and the participant who joined them.

They don't wanna lose bitcointalk users support for them and they want to continue this for a long time. Currently they are working with spreadsheet and after a complete scrutiny i will verify it from my side for a fair distribution. I personally wanna give thanks to xtraelv for his great support and others who keep their patience until now. Hope we will be able to resolve it very soon.

Seems OP & xtraelv trying their best to resolve issue about BQT/IOU. Since I was participant of their signature campaign so from my heart want that all bounty participants should be paid. Its true this process has been started due to open this thread I believe. And seems team friendly enough to resolve this issue. We can't deny that team has not scam with their investors. So I believe they will paid to bounty participants as well.

However, since a problem has been occurred so it will take a little bit time to get resolved. And I believe participants will wait until resolve issue. At least participants will get their payment.

Mid September already passed. Look like team not interested about bounty distribution. 

I see! I was almost forgot about that issue. Thanks for bump this thread. I was wondering @xtraelv and @Talkstar working on that since they have contact with team. But it's sad that even they have not bother to update thread. How we believe they are friendly enough with bounty hunter since no respond from them? It's their responsibility to convince bounty hunters. Hunters worked for project, not for manager. So project team should resolve issue when a problem has been accured.

It is to notify everyone that BQT and IOU team have already sent their final spreadsheet to me. I am verifying both spreadsheets from my end. As you all know that there were lots of participant on their campaign and normally its not an easy task complete the proper scrutiny works just in one or two days. I am trying my best to figure out all the issues and continiously holding my conversation with the team for starting the distribution process as soon as possible.

After detecting all the issues i will handover final spreedsheets to them and hopefully they will reconsider all these things before starting their distribution.

I hope everyone will keep their patience until all the process complete smoothly.

That means bounty manager (Zapo) didn't do his job in the right way, or team does not believe in the correctness of what they had in their possession? I see no reason that something is checked three times (Zapo - BQT&IOU team - now you), and then probably them again.

I think the most important thing is that in the end, everyone gets what they earned. But given the time that has already passed, the value of those tokens decreases with each new day.

Is it possible to see the final spreadsheet? so participants won't be underpaid...

According to the spreadsheet, I have to get 2352 BQTX for Facebook 184.8 BQTX for Twitter and 34 BQTX for Telegram. But received only 269.2 BQTX now.
Why? When will the rest be paid?

Can we get clarity about this distribution ? Because the telegram group for bounty , the Admins there Sonny and Chris said they don't know the task that was paid today .

Is that the total amount each participant will receive or should we expect other payments for other tasks.

Providing a spreadsheet will be best at this moment so everybody will know what is going on.

It seems like the new gift from Facebook has just been paid.

Following up our conversation with Talkstar, we've decided to come set the record straight summarily.

About 20 BTC was paid to Zapo for the signature campaign and we got zero KPI off that. Similar results with the token bounty, and while we can still blame Zapo for not completing the data collection, the fact that the event was rife with scams and cheats.
We could have stuck to our guns - if we're playing by some hard set rules - about the bounty manager not delivering and let it die a natural death, after all, who's getting negged? It's the BM. The incomplete data was there alongside the numerous messages we sent that was never responded to.

But we didn't.

The management decided to rescue the situation and uphold its end of the bargain by taking on the extra financial responsibility of hiring auditors to complete and audit the sheet after months of waiting on Zapo to no avail. However, completing and auditing a bounty that ended almost six months prior proved to be a daunting task especially with bounty hunters shifting allegiance and the hard-nosed attitude of social media platform resulting in dead links and missing data. We also created a new telegram group to directly address participants, only to find out that out of the roughly 900+ members in the original group, only 100+ were actually "human".

With no measurable KPI and less than 10% of the deliverables promised, we had to critically evaluate the situation. Yes, hard work should be rewarded and goodwill fostered with the community. However, when community participation is rife with scams, cheats, and zero engagement, something has to give.

Yes, crypto has its own fair share of scams and cheats and the good work/goodwill of the community being exploited by nefarious actors. However, it seems most are overlooking the fact that we are also the victim here, sinking manpower and operational costs into doing right by the community.

And therein lies the problem. Doing right.

It will be unfair to not reward those who diligently took their time to support the project. However, we will not be empowering scammers and cheaters by giving them what they never sowed. Accountability works both ends and so does the responsibility. We took on the responsibility of accepting the fact that someone took us for a ride and we still have an obligation to fulfil to the community. However, the community too has to accept the fact that is was "one of their own too". Hence, the "meet-me-half-way" approach we've taken to resolving the situation.

We are now distributing tokens to those who passed the audit (and we're already getting "which exchange list" and "how much price" queries in. Awesome support). For the sake of sanity, we wouldn't be making the spreadsheet public (Talkstar and xtraelv have seen it though) because not everyone is going to make the cut and translating that into several languages 24/7 is beyond our abilities. However, if someone feels they can audit the original sheet, they are welcome to try. It's still in the bounty thread created by Zapo.
We recognize the fact that there's no marketing strategy that can trump community goodwill, hence the reason why we've implemented a 5-tier referral reward system that is based on the number of BQTX tokens held. We will also be rolling out other bonuses and engagements for those who have grown to become a part of our ecosystem.

Our purpose on this thread is to set the record straight. Yes, some blockchain startups have been less than honourable to bounty hunters and a few bad eggs have spoilt the basket. Is it possible that not everyone will be happy with this outcome? Yes, it's true. Sadly, this is the best we can do without committing seppuku.

We'd like to acknowledge the effort of Talkstar to stand up for the community and xtraelv for his mediation and willingness to hear us out. The community can certain do with more folks like you

Thank you TalkStar for starting this thread.
I participated in IOU bounty campaign a year ago and totally forgot about it.
One of the reasons for which I decided to stop participating in bounty campaigns is not getting paid and you never know whom to blame. BM tells you that he delivered the final spread sheet to project manager, and PM tells you that he didn't receive anything.

Anyway, I just want to confirm that I finally received my bounty reward.

Thanks, eventually you have created your own account.
That's not our business how much you have paid to Zapo. Your money you could spend it anywhere. It doesn't make any sense for us even you paid 100BTC to zapo. your bounty budget was 500,000 BQTX and you should distribute it among the participants. That's all.
I don't think bounty budget has been decided by Zapo, obviously team is aware about budget.

You have to, your final spreadsheet should be on public. I am willing to see how much token has been distributed among participants. Also I am curious about your filtering of final spreadsheet. You should not hide it from public in order to fair distribution. 

No intention to split hair, but apparently, startups are never the victim it seems. We relied on Zapo to interface with BTT community since he claimed it was his thing (and we've now realized that the faux air of mysticism his types tend to exude regarding BTT activities is basically bait and switch). Should anybody be held responsible? Zapo, of course. But then, who's going to hold him responsible?

Might as well argue that he's a product of this community and the activities of his kinds have greatly sullied the reputation (at least the outsider's perception) of what this place stands for. We've been made to understand that the community polices its own, but being a public forum, the policing can only go that far.
However, it kind of stings being told: "That's not our business how much you have paid Zapo...".

OK, we got dumped.
OK, we have nothing to show for it.
OK, we are trying to maintain our integrity by resolving the mess and paying the tokens allocated to those who upheld their end of the bargain too.
What is not OK, is we paying to accounts that have been flagged as scams or cheat.

We draw the line there.

The spreadsheet by Zapo is still accessible for anybody that feels they are capable of auditing it better.

If the community insist on making the audited sheet available, we will do so and explain the parameters involved. However, we do not have the bandwidth to answer why this person or that didn't make the list. Would have been easier for us to just jump ship, but it's best to be the change you want to see and there's no bigger change we want to see now more than crypto community going back to its roots of integrity.

Well yea Zapo is the cause of all the problems. Kudos to the team for coming through for the community. Nevertheless I think the spreadsheet and parameters used to determine the payout should be provided since we all have come this far.

I really commend the team for been true to their words. Now that's hard to come by.

Make the whole thing public ,how payment was made , which bounty or tasks has been paid, how many token per stake e.t.c And let's get over with it.

Thanks all for keeping enough patience about BQT and IOU bounty payment related issue. Yesterday team confirms me about the bounty rewards distribution. Congrats to them who have successfully got their token. From the beginning i tried my best to bring a faster solution for this issue and honestly it wasn't so easy. I wanna give special thanks to team for their positive approach and the real participants who did their best during campaign time.

Most interesting part is that because of their bounty manager zapo's inactivity and unprofessional behavior distribution process got stuck. There is no way to deny that after opening this thread team feels it necessary to start the bounty rewards distribution. Although i believe zapo is responsible for all this things and team wasn't enough caring about their project bounty promoters. Team told me that they have paid 20 btc to zapo for running their signature campaign on bitcointalk but got nothing but bot and spamming. I think all this happened due to their lack of experience about this forum and proper bounty management. I don't wanna waste my time for digging their personal relationship with zapo or any other alt. Maybe It was their mistake to choose reliable campaign manager for their campaign.

Still there is some issues about final selection where total participants on facebook was 13411 and in twitter it was 15867 but in current spreadsheet audit team selected only 951 for facebook and 1189 for twitter. I will request team to provide their final spreadsheet here and hope they will solve any kinda distribution related issue from their telegram channel. Team confirmed me that one of this forum user named sonny will handle all distribution related issue from their official telegram channel.

Here is the channel link: https://t.me/BQTXBounty

After having our community members valuable suggestion here i will lock this topic to get rid off unnecessary replies. Till then stay alert, stay safe.

Putting up the sheets and getting the distribution info shortly

Please answer my question above: https://bitcointalk.org/index.php?topic=5173498.msg52535974#msg52535974

To which address you sent 20 BTC?

Escrow address for BQT Signature Campaign -> 14cJEUeGm157ok88ouskfDGwbSmzf2Kgcr (https://www.blockchain.com/btc/address/14cJEUeGm157ok88ouskfDGwbSmzf2Kgcr) - Total 0.7 BTC

Escrow address for IOU Signature Campaign -> 17wW3y8HgcRACw6e8wjB5bkuc1CFJzvRQM (https://www.blockchain.com/btc/address/17wW3y8HgcRACw6e8wjB5bkuc1CFJzvRQM) - Total 0.7615475 BTC

In total = 1.4615475 BTC, which means Zapo is stole 18,54 BTC from you and you did not react until today?

---

I was one of the participants in BQT signature campaign, feel free to check my posts and show me where is my part of spam? Now it is easy to say that all participants in signature campaigns are bots and spammers and that most bounty participants are also bad and fakes.

I have got the same feeling like you Lucius and i am not happy with their explanation. I hope they will provide their final spreadsheet as soon as possible and hopefully after getting it everyone will be able to dig out the real thing. 

Here are the links to the audited spreadsheets, color coded by the auditors

BQT: https://drive.google.com/file/d/1PSQxHv6EnQaaSVWdYg4YzbiEKWbkwfBM/view?usp=sharing

IOU: https://drive.google.com/file/d/1alAtz60Fbmw9NYGFeOAjkj0oOTX1yg1Y/view?usp=sharing

There is huge corruption on BQT Facebook campaign sheet, falsely marked 80% account as bot. Explain me about esprit man (https://bitcointalk.org/index.php?action=profile;u=1783793), his report still exist (https://bitcointalk.org/index.php?topic=5018781.msg45924087#msg45924087) and working as well so why it was marked as bot? There is so many case like that.

Total bounty budget was 500,000 BQTX

You have distributed as below:
1. Facebook Campaign: 71534.4 BQTX  (14.3% of total budget) - It should be 166500 BQXT accordingly 33.3% of total stake
2. Twitter Campaign: 14304 BQXT (2.86% of total budget) It should be 166500 BQXT accordingly 33.3% of total stake
3. Telegram Campaign: 2686 BQTX (0.53% of total budget) It should be 66500 BQXT accordingly 13.3% of total stake
4. Content Campaign: 21090 BQXT (4.21% 0f total budget)  It should be 100000 BQXT accordingly 20% of total stake

So you distributed total 109614.4 BQTX which is 21.9% of total budget. Where is remaining 390385.6 BQXT which is 78.1% of total budget?

I think you aware about stake calculation. Its very simple, total budget will be divided by total stake so you will find how much token for each stake. And final distribution will be accordingly. Total budget you have to distribute among participant even you reduce total participant. There is no chances for excuse that there was not too much participant. There is still reasonable amount of participant to distribute full budget.

So, when you are going to distribute remaining amount 390385.6 BQXT which is 78.1% of total budget? 

You have reduced rewards by 10 times! Look at the screenshots.

https://s8.hostingkartinok.com/uploads/images/2019/09/c1bf0b7c1bf0f44c35b5332353e90f00.jpg (https://hostingkartinok.com/show-image.php?id=c1bf0b7c1bf0f44c35b5332353e90f00)https://s8.hostingkartinok.com/uploads/images/2019/09/a081dc787e6a42db6faeb93d9b04294b.jpg (https://hostingkartinok.com/show-image.php?id=a081dc787e6a42db6faeb93d9b04294b)

Getting this addressed by the auditors. They initially claimed Zapo miscalculated... however, will get clarifications rather than vague recollections.

Will also like to thank you guys for actively investigating this too. If we'd known just how active the community here was, we probably would have gone through the community rather than the long-winded route we took

Here is official position of the company:

1. We paid a lot in SIG during campaign
2. We had issues with bounty spreadsheets left by Zapo
3. We hired an auditor and identified spam/bot traffic/etc and fixed the amounts per posts (paying 2000+ per post was clear mistake on rough spreadsheet Zapo managed as example and he did specify that before leaving)
4. And we actually paid the bounties to those that delivered while striked the others based on the spreadsheet which was consisted of LOTS of SCAM
5. If anyone has specific issue they can click on their link and dispute directly on telegram channel and we will act accordingly.
6. Stake budgets were advertised as total available but not as for distribution with multipliers and we stated it many times on telegram support channel to participants when inquired... a while ago.  It would be unfair for the company to have a bounty campaign full of scam so that later we would move scam stakes to others.  Company would never agree to that and would never start such a bounty.
7. We would be willing to pay 20% premium to those that undisputed in good faith in order to close this threat.  Otherwise let it be... we have done our best and done it in crypto winter while everyone was cheering and hungry... your choice if you would like to give legitimacy to BTT as a marketing tool or would like to prove once again that "no good deed goes unpunished".
8. Either way we are appreciative to those that honestly participated and delivered and wish those participants best of success.

In your previous post, you claim that you pay 20 Bitcoins to Zapo for signature campaign/s, but I posted both addresses where the amount that participants received is less than 1.5 Bitcoin. Now you change the story to "we paid a lot", but you still avoid answering the question.

Eventually I had tried to contact BQT team through telegram. But from them someone so called community manager knock me, and there was so many arguments. Team want to pay 20% premium those already got stake and rest they will handle if there is claim about stake. But I have asked to distribute full stake those was allocated approx 500000 BQT. But they deny it and agree to pay 30% premium otherwise they will ignore this community. However, eventually I were agreed about 50% premium pay to paid participants, and those had not got token they might claim to their telegram and they will solve issue. But they are not agree about 50% premium pay for paid participants and they decide to ignore that community. According to them they haven't got output from this forum which is unrealistic and big lies to me.


So now, probably they will not pay anything more. Someone from victims should open flag number 3. And I will  support it and I will push up. Rest depend on hunters.

I know the bitcointalk account of community manager who is controlling BQTX support account. Both account handle by same person.

I just noticed that a week ago IOUX tokens came to my wallet. For the IOUX bounty, I got 609 IOUX instead of 420 IOUX, as Zapo calculated. But I did not receive BQT tokens. As I wrote (https://bitcointalk.org/index.php?topic=5173498.msg52108826#msg52108826) earlier, I had accruals both for Facebook and Twitter bounties. Now in the final table of the Facebook campaign, I am marked in red. I will try to contact them at https://t.me/BQTXBounty. If they answer me, then I will write here.

Eventually BQT team has been agreed to distribute more 50% extra to who already received tokens. That means if someone got 100 BQT then he will received more 50 BQT token. There was lots of arguments about stake distributions. What understand from the team, they have bad experience with bitcointalk due to Zapo. Team were friendly enough to distribute stake but there was lack of management since Zapo was the one who should manage everything. Team went disappointed due to unexpected behaviour from Zapo and team isn't familiar with bitcointalk community.

However, I would like say thanks to TalkStar for raise up this issue. That's is really very rare case since he was not victim but tried to help forum users. So distribution credits goes to TalkStar.


From my side I tried my best to convince team but really I am unable to force them. Their claim also quite reasonable and it's true that there was so many fake/bot participants.

To ensure unpaid participants stake they are going to distribute fairly if there is legit participants. They will allow one week to dispute their stake. After a week no more dispute will granted, because it could not run for lifetime. And I have suggested them to open their own distribution thread and update on original bounty thread. So all unpaid legit participants should noticed and claim their stake. Personally I can't call them scammer since they already distribute stake and going to paid more 50% premium. On the other hand they will resolve valid dispute as they promise to me. They will explain why they reduce total stake on their thread. What I believe, they were not reduce stake if zapo continued his service.

They will start remaining 50% premium and unclaimed stake after resolve this thread. And obviously if they denied their promises I will open red flag number 4 since I have written evidence. Even I will flag related staff with BQT if they break their promises. So I think OP of this thread should edit this thread title since they already distribute stakes, so they will proceed remaining distribution works. So OP would mark it "Bounty Resolution" instead of scam.

I did maximum from my side whatever I could. If any DT or other user not agree with my decision then talk with team and solve this issue. For me I will consider this case solved after distribution of 50% premium and after completing dispute process as like I said above.


Eventually I want say, "something is better than nothing". Participants will not get anything if they like to skip from this forum. So at least participants will get something since they helped team to promote their ICO.


I am really disappointed from "spam hunters" even they are not aware about this thread although TalkStar updated on their Bounty thread. Really they do not deserve whatever done by me. Spam hunter just busy to spam on this forum.


If anyone have any comments feel free to share. I might be wrong, but I can't do anything else except to get rid of them from forum by scam flags and red tag.

First off, we'd like to apologize for how our last communication to the community came across - frayed nerves and wits end. We've now come to understand that when dealing with decentralized entities to resolve conflicts, there's a lot of giving and taking involved. It was wrong of us to assume a finality to our stance rather than continuing to dialogue with the pillars of the community. To this end, we wish to tender our unreserved apology to Talkstar who never really gave up on us and continued to admonish us to do right by the community rather than focusing on grievances without. All the more remarkable when you consider the fact that he has no stakes in the bounty. His concern was for the community and doing right by the community first.

Our thanks also goes to Coolcryptovator for stepping in to listen to our side of the story and helping us come to an agreement on what is fair to both parties despite several hurdles. We also own xtraelv a mention for his previous guidance and mediation.

Hopefully, this is the beginning of a brand, new chapter with the community where our focus is now more hands-on rather than mediated/via proxy.

Thank you all for your various contributions, criticism, and feedback

I wanna give thanks to every single member of our community who feel it necessary to spend their time on this thread. My only intention behind opening this thread was to connect participant and team together for fair distribution. Bounty participants will be glad to know that team has confirmed me about their final distribution. Every selected participant will get 50% extra on their wallet. Its been a couple of weeks that i have started my regular communication with team and there is no way to deny that they deeply respect our community. As a result they tried their best for start their bounty reward distribution as early as possible.

As a forum member i believe it was my responsibility to bring a proper solution for this issue and honestly it was not so easy to hold regular communication with team and bounty participants. I have already edited my thread title and always care about genuine crypto projects reputation.

Hopefully i will come back with another forum related unsolved issue soon. Till then everyone,,,,, Stay Alert, Stay Safe.


 

For all bounty claims and dispute, we have created a thread here (https://bitcointalk.org/index.php?topic=5189378.new#new) for the community. Please post all claims and dispute there

What about the question of those 20 BTC paid for a signature campaign and calling all participants spammers and bots? No answer on that, it is a hard task to invent a new lie?

Personally, I find it funny that some members of this forum can be bought very easily, and that I read something like this:


The very fact that all this happened, clearly shows amateurism from BQT&IOU team, and more than obvious disregard for this community. You and some others literally had to beg for something, and all they say is how they pay huge money and then get only spammers&bots.

BQT&IOU invest less then 1.5 BTC in their signature campaign, until a few days ago it was all from their big investment here. I'm personally sorry for promoting their projects, as far as I can see, these are completely worthless tokens that like all other shitcoins, will bring profit only to those who started the whole thing.

I will lock this topic very soon and hope you guys will provide better solution for participants reward distribution related issue until next 7 days.

I don't wanna waste my time for their personal payment related issue and maybe you think kinda same. Already given my suggestion to open scam accusation against zapo if they got enough evidences on their hand. Hopefully it's the best way by how they can prove their 20BTC payment related matter to community.

Sorry don't understand this part clearly dude. Will you please make it much clear?

It was my responsibility to make contact with team and give pressure to release their bounty payment. They have done it from their end and everything has already been discussed here. After zapo's inactivity whole thing got stuck and after opening this thread team make their response on this issue. As far as i know that you were one of their bounty participant too.

Most interesting thing is that after opening this thread i have got only few claim here and feeling really curious about that 16k participants. Maybe they are spending long holiday's or sleeping. So what more we could do for this kinda sleeping bounty hunters where they don't care about their own payments too.

I was part of BQT bounty campaign (1 of the 16k you are referring to), and tbh I just saw your thread today. Well, that was because I was busy with my life outside the forum last August, but that doesn't mean I don't care. I was part of their telegram channel for bounty and read updates there from time to time. Like me, several participants may not be present here but are part of that.

Though, because it took too long, really long, I'm sure many participants already lose hope and just forget about it. Last May, BQTX team made a new Telegram channel for bounty, and from 657 members from the old group, only 180 joined.

Anyway, thank you for your help too and Coolcryptovator, xtraelv as mentioned by BQTX support.  

How much more clearly something can be explained? I do not consider this case to be completely resolved, although you personally show great respect and gratitude towards BQT&IOU, and I don't think they deserved it. If you're wondering why, we can start with ignoring this community for months, by calling all participants of signature&bounty campaigns spammers&bots, refusal to divide all promised tokens, lies about supposedly 20 BTC paid for signature campaign, blocking people in Telegram who ask about payments... Where you see "deeply respect our community" in all this?


You're wrong, I was not a participant of their bounty, or any other bounty on this forum. I made this clear in my previous posts, as well as my personal reason for participating in this thread.

Thanks mate for letting me know all this. Personally i believe its not gonna be fair to take anyone's side for this issue and both side need help from our community. At the very beginning when i ask them to start their reward distribution and their CEO shared to me what actually happened with them. I just give pressure to them for starting distribution process and it wasn't my work to dig the issue between them and zapo i think. After my proposal they gently get agree to release all participants reward and shared positive thinking about bitcointalk community. They told me that they respect our community members but maybe it was their bad luck that they couldn't find best manager for their project.

As a result they have made their distribution and send me confirmation text on my telegram. I have also suggested them to open another thread for bounty reward resolution and seen that they have already done this from their end.I think participants will be able to get further necessary help from there and team will provide instant solution on a regular basis.

I participated in a content campaign, and I got 185 BQTX tokens for my work, but for now I haven't received my work, why ...?

this is my work : https://jeaniferr.blogspot.com/2019/02/bqt-social-p2p-crypto-exchange-and.html

I was in spreadsheet number 1949


Autohor    :  jeaniever rahardian

Profil     :  https://bitcointalk.org/index.php?action=profile;u=2447510

ETH addres :  0x42836bf737eC833228344f0841C3bD14f4D67643

I will request all participants to follow below thread link to submit their payment related issues. I hope you guys be able to get all possible help about bounty reward distribution there.

Here is the link; https://bitcointalk.org/index.php?topic=5189378.0