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Author Topic: Delay, postponing, inaccurate rules: the SCAM of Qurrex Bounty campaign and more  (Read 27 times)
draculaaa
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May 25, 2018, 10:03:41 AM
 #1

I'm a bounty hunter,

And I feel to write this article because I guess it is needed and should be useful for all our community.
In crypto world all projects, and therefore its bounty campaigns, speaks about transparency, trustless, etc... regarding their projects but majority of their bounty managers are the first that don't respect these principles.

A lot of campaigns start with a defined deadline and postpone the final date without increasing bounty total rewards.
Other campaigns reduce their bounty allocation, even against statements of their whitepapers.
Finally other ones don't respect distribution criteria, as Qurrex done in tokens distribution of first bounty phase.

Really Qurrex started unrespecting rules, dividing the bounty campaign into 2 phases. Indeed, in the first online announcement the tokens were "1.610.000":

Announcement: https://bitcointalk.org/index.php?topic=3185579.0 (hoping they don't change it meanwhile...)

In the second announcement the tokens were splitted:

Announcement: https://bitcointalk.org/index.php?topic=2899211

But, the big hash was done with first phase token distribution.
Notwithstanding the following division, as each one can see in the first announcement, tokens were distributed summing all stakes of all campaigns:
Quote
Bounty Allocation
25% Signature Campaign
20% Reddit Campaign
12.5% Facebook
12.5% Twitter
17.5% Youtube & Articles
10% Telegram
2.5% YouTube Subscription

Considering this allocation and differently by admins have done, they should have collected all stakes for each campaign and divided tokens between partecipants of each campaign, proportioned to their stakes.
So, who partecipated to facebook campaign, where partecipants were 1002, earned more than who wrote a blog post, partecipating in a pool of 686 partecipants.
In this confusion, admins wanted to change criteria, considering partecipants claims as science fiction.

So, please be aware when partecipate to this bounty campaign and consider that admins will not respect reward allocation as stated in the announcement.

Finally, to whom want to invest in this project, consider that they are not able to manage this matter of things, so probably they cannot manage a complex project as Querrex wants to be!


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May 25, 2018, 10:44:21 AM
 #2

No one forces you to join a bounty. You join the bounties at your own risk and will. Not like the bounty services are regulated which does promise you a fruitful output after successful completion of work.  I don't see you bounty whores doing anything great for the forum that we actually are suppose to take your wrong decisions seriously.

Posting here isn't going to change anything.Go talk to their founder or something.


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draculaaa
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May 25, 2018, 11:40:22 AM
 #3

No one forces you to join a bounty. You join the bounties at your own risk and will. Not like the bounty services are regulated which does promise you a fruitful output after successful completion of work.  I don't see you bounty whores doing anything great for the forum that we actually are suppose to take your wrong decisions seriously.

Posting here isn't going to change anything.Go talk to their founder or something.

Thanks for your feedback.
I spoke already with admins without success.

As you say, my post wants to highlight how bounty of an ICO that promises to be trustless, don't respect rules.
I think that the right way in the future that assures everyone, should be a dedicated smartcontract.


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