It seems very suspicious to me that the BountyHive is a black box. We do not get to see who is entering. There is no spreadsheet. There is no oversight. Bountyhive could be taking half the coins for themselves for all we know.
Then a new bounty comes out.
The bounty fills up and closes faster than airdrops. I'm talking 5k participants within a few hours. Go check every other bounty spreadsheet with public results here on the forum. You do not find anything close to this rate of participation anywhere else.
I have no idea if they are legit or not but something seems off in all of this and I'm writing to see if anyone else has the same suspicions. BountyHive could be pulling off a large heist. How would we know?
First off, the reason why it fills up so fast is because bountyhive currently has no competition. Basically, all the bounty leechers from around the world have flocked to it. Realize, that since most bounty hunters are just scammy opporutunists, one person will bring in like 5 different fake accounts with him.
There is now way more demand than there is supply.
If there were other such well known companies, it would help to alleviate it (albeit a little).
AS far as no access to spreadsheets and stuff like that, yes, that is a concern, but so far, there have been no complaints or accusations of mishandling from ICOs themselves (which means that bountyhive is keeping promises and deadlines with those companies). So generally, at least from that end, I trust bountyhive is acting professionally.
From the bounty hunter side, there are very few complaints of people feeling like they are underpaid.
If anything, there are more comments about how bountyhive makes it so much easier and timely.
so, lets say that they really do pocket some of the money (which, of course they do).
Well, icos are happy, bounty hunters are happy, and the bountyhive is happy, isn't this a win win win scenario?
I see it as the price I pay for using a platform that makes it so much easier for me.
(On a side note, signature campaigns rarely fill up and always pay more. Twitter, facebook, and telegram campaigns are the worst and pay less).