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Author Topic: Should we compensate bounty hunters when ICOs fail?  (Read 989 times)
Dacosta Osei-Tutu (OP)
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July 06, 2018, 08:18:07 PM
 #1

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
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July 06, 2018, 08:22:43 PM
 #2

I think it's fair because a bounty person does his job and many people approach her very ostensibly offended when he is deceived
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July 06, 2018, 08:22:49 PM
 #3

Most bounty campaign make it clear that bounties will only be paid when a certain amount of money is raised. With such caution, I don't think any compensation should be paid to them.
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July 06, 2018, 08:32:14 PM
 #4

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Of course NO.

The moment a user joined any bounty campaign, they are dealing with the risks that at some point there are chances that they might not be paid off. It's not a mandatory to paid bounty hunters if no money have been raised. Where they will get the payment since they paid the investors.

That's how risky joining bounty is. Don't expect some payment if the ICO failed.

And I don't see any tiring works for 8 weeks for copying and pasting social media reports in social media campaign. It got become a tiring work because some guys joined multiple campaigns. The effort are seen in article campaign, signature campaign and translation campaign. But for social media, it's not a tiring thing to do.
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July 06, 2018, 08:34:15 PM
 #5

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
yes, they should also be compensated for the role of bounty hunter is also very important. Indirectly bounty hunter also helps promotion and become a buzzer through social media.

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July 06, 2018, 08:34:28 PM
 #6

Rather than agreeing with that I think there must be some agreement before bounty starts so everyone should know what is going to happen to themselves if ico is not success.

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July 06, 2018, 08:34:38 PM
 #7

I do not think investors should be compensated if a project fails (unless a case of fraud and most times the money is spent anyways). When your a bounty hunter, you take a risk that your work may not pay off. Its the nature of investing. I do not believe in safety nets for calculated risk.
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July 06, 2018, 08:34:58 PM
 #8

I don't also think that any compensation should be paid to them if the ICO fails because there is no engagement toward hunters; means that they are not in the same level of investors who are the investing their own money when hunters are not investing in their efforts. If it will be mandatory to may them then ICOs will choose looking for a marketing services compagny that assume better promotion with professional materials.  ICOs are in need for  hunters because they share the risk of fail; it's a kind of gumbling for bounty hunters unless ICOs that are backed by known compagny or assuming success by different factors; in this case, those ICOs pay hunters with btc or eth and hire known reputable managers as forum moderators.
So don't expect any payment if the ICO fails.
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July 06, 2018, 08:38:03 PM
 #9

I don't think the developers's project will compensate when ICO fail. When bounty hunter join any campaign, they have to comply with the rule of campaign, and the risk when ICO fail, just like investors.
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July 06, 2018, 10:13:19 PM
 #10

It would be great, but how exactly could this be done? I mean, you can't pay bounty hunters with money you don't have, especially if you have to refund the investors first, what is there left then? Some projects have really great ideas and team members are great as well, but fail nonetheless, because the hype is not right or they don't have the money to create that hype.

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July 06, 2018, 10:17:29 PM
 #11

Why would they be compensated? you joined a bounty which means that a reward will be given to you when they become successful.

You have to look for a bounty that you are aware of the risk, not all of them are good and not all of them has assurance that they are going to end successfully. But if a bounty has their own pocket to run the marketing then you must be lucky enough to join a well compensated one.



 

 

 

 

 

 


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July 06, 2018, 10:35:20 PM
 #12

Most bounty campaign make it clear that bounties will only be paid when a certain amount of money is raised. With such caution, I don't think any compensation should be paid to them.

In bounty hunting theres always risk of not getting paid. Sometimes especially when project is failed. But that's how bounty hunting works all we can do is wait and hope that every finish project we can receive some rewards.
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July 06, 2018, 10:39:54 PM
 #13

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Actually bounty hunters made an effort also in the project but as you said what if the ICO's failed so we have nothing to do with it even we want us to be paid, I know they will not paid because they don't have money to pay.

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July 06, 2018, 10:40:56 PM
 #14

I think they will not pay. If they do not reach the softcap, they will refund the investor, and the money paid to the bonus hunter will be postponed for the next round.
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July 06, 2018, 10:43:19 PM
 #15

Well, if you think about it, the most noble thing to do is compensate them but, come to think of it, funds that has been gathered all throughout the campaign period has been refunded back to the respective investors. Who will pay for thse bounty huters? And also, the people behind the ico are not compensated for their work as well, or so i thought.
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July 06, 2018, 10:45:48 PM
 #16

No.

And let me tell you a little secret.
Do you know why everyone hates bounty hunters?

Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.

Look at it this way, if an ICO did not reach softcap, it can be said that the marketing department didn't do their job.
They didn't bring enough traffic, positivity, and hype to the project.
so shouldn't they be fired for failing and bringing the company down with them?

If you actually really did work so hard and the time you put in was so valuable, then where are your results?
Shouldn't you be held responsible as a freelance marketer for the company?

And if the ico failed because the company was terrible, why are you working for them in the first place?

If none of this occured to you than, yeah, it means only one thing: you are UNPROFESSIONAL.

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July 06, 2018, 11:08:49 PM
 #17

No.

And let me tell you a little secret.
Do you know why everyone hates bounty hunters?

Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.

Look at it this way, if an ICO did not reach softcap, it can be said that the marketing department didn't do their job.
They didn't bring enough traffic, positivity, and hype to the project.
so shouldn't they be fired for failing and bringing the company down with them?

If you actually really did work so hard and the time you put in was so valuable, then where are your results?
Shouldn't you be held responsible as a freelance marketer for the company?

And if the ico failed because the company was terrible, why are you working for them in the first place?

If none of this occured to you than, yeah, it means only one thing: you are UNPROFESSIONAL.
The majority of them are unprofessional. Let me guess if we remember about the bankera project which is created by a scammer and then there was a lot of bounty hunters that still wore the bankera signature while the majority of people have known it as a scam project because the CEO was defaulting hundreds of bitcoins

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July 06, 2018, 11:18:09 PM
 #18

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

I dont think they should be paid because the main reason for conducting a bounty in the first place was not achieved. How then should they pay for an incomplete job or a failed job. The meoney raised from investors is what is meant to be used to pay hunters; If at the end of the ICO, soft cap was not reached and investors are reimbursed, how then are they supposed to pay hunters. Its a simple logic that does not require a lot of thinking.

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July 06, 2018, 11:27:05 PM
 #19

Actually there is no way hunters can be paid if project failed because the payment of the bounty is dependent on the success of the projects. Even investors that contributed in the first place are refunded. Just move on and count your loss.
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July 06, 2018, 11:36:48 PM
 #20

Compensation for bounty hunters for their effort is good. But if we talk about that the ICO failed. I don't think that they will give off compensation for bounty hunters. I myself is a bounty hunter but before the ICOs start their bounty campaign they already set rules about that thing if the ICO didn't reach its soft cap.
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July 06, 2018, 11:39:29 PM
 #21

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Bountimg hunting is a task with preset rewards. The way and manner in which they are stated makes it very less formal and not contract binding.
But I think bounty hunters should be paid because they're giving a task and they perform it to their abilities. Depending on the level of quality of your product you're staked. This means that every person who qualified to be staked should be paid.
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July 07, 2018, 01:20:23 AM
 #22

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Let us do understanding both sides the dev is willing to compensate all hunters if they can only have all resources but we must realize how expensive to launch a legitimate ico project and if this fails to gather soft cap meaning the managements have losses already and to pay all bounty hunters is not affordable for them at that moment so whay we do is move on and stop expecting when hunters and the managements both are lost
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July 07, 2018, 01:53:21 AM
 #23

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
When an ICO fails I don't think they have the funds to pay for the bounty hunters. Once an ICO failed there is nothing we can do about it. We  have to accept the fact that we cannot be compensated by a failed ICO, not even one of their team will pay us.  So be careful on chooaing a bounty campaign next time.

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July 07, 2018, 02:16:41 AM
 #24

In a bounty hunters standpoint, we should be paid even with small amount since we have promoted it however in reality we shouldn't be paid since there's no way for them to do so. When we join the campaign there's a risk of wasting our time and efforts just like with investors they risked their money in investing to it. Anyways, as a promoter for us to ensure that we will get rewarded we have to make sure as well that we are promoting it with our best efforts.
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July 07, 2018, 05:31:04 AM
 #25

bounty hunters expect a fee from what they have done, but paid is still no use because the reward obtained does not apply in the market, because it is equally useless and will only mencajo coin display in the wallet. but it would be wise if the bounty is repeated again if they have masadepan and update the products they sell, and more solid in marketing and looking for a good business partner. do not just hope from what is done by bounty hunters only, all need hard work and solid.
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July 07, 2018, 08:18:42 AM
 #26

of course I really agree if the hunter gets compensated if their project does not reach softcap but I never encountered such a thing, as a bounty hunter can only hope that the future can come true.
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July 07, 2018, 08:24:44 AM
 #27

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

It wont happen period. You just say that they fail and didn't even reach soft cap then how will they compensate bounty hunters if they lack the budget to do so? If you experience a not so good project then it is your fault to pick the wrong one.
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July 07, 2018, 11:36:02 AM
 #28

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
in my opinion, they should be compensated as well. See, bounty Hunters also devoted and have invested their time for the ico to attract more investors. In every ICO. There should also be a contingency fund ready just in case they failed to reach soft cap. These wool be use to pay for hunters who also invested. It is our right to get paid because we gave our efforts as well.
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July 09, 2018, 12:48:20 PM
 #29

It wouldn't be a bad idea at all if bounty hunters get some form of compensation when the ICO fails. I don't know how the compensation will be like though. Lets see which ICO starts doing this first

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July 13, 2018, 10:05:17 PM
 #30

Of course, no one will object if the participants of the program bounty receive compensation in case of failure of the ICO project. Moreover, bounty participants do much more for the project than investors.
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July 13, 2018, 10:12:18 PM
 #31

I believe that there should and it would be fair. I think that such measures would scare many scammers.
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July 13, 2018, 10:20:31 PM
 #32

Yes bounty hunters should be rewarded in case the ico fails , the team should allocate some tokens as reward for their work

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July 13, 2018, 10:24:06 PM
 #33

Unfortunately, that's the risk you must be willing to take if you participate in bounties.  Once a project is considered a no-go and funds get refunded to all the investors, there is nothing left to pay out the bounties.  Everyone basically loses.  Just move on and find projects with low soft caps.
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July 13, 2018, 10:31:57 PM
 #34

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Then where would be the funds to be used to compensate bounty hunters?  On project owners pocket or get a percentage on accumulated investors funds? No it doesnt work on that way.
No one would be willing to give out rewards even the ico sale had failed and this should each bounty hunter do be aware of that anytime we cant be paid of on all efforts that we have done on promoting such project.

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July 13, 2018, 11:27:39 PM
 #35

99% of bounties will be not paid if the ico will fail. also a good amount of bounties don't even pay if the ico has success.
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July 14, 2018, 01:20:58 AM
 #36

Certainly yes.They also play a role in promoting the ICO even it fails its their job to compensate the participants.After all they also waste their time and effort for the campaign and yet not being paid is cheating.It is but fair and square to be paid.
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July 19, 2018, 11:03:37 AM
 #37

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Work with ICO companies. Bounty hunter.  One of the worst news for me.  The fact that the company could not collect the software cover.  Because it lost my time.  In carrying out this work, I am certainly ready for such a possible development of events.  But I would like to receive at least some kind of reward for my work.
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July 19, 2018, 11:33:40 AM
Last edit: September 25, 2018, 10:20:34 PM by orkoso
 #38

No.
And let me tell you a little secret.
Do you know why everyone hates bounty hunters?
Because they are entitled, whiny, unprofessional, leeches who crash the value of a coin, not help.

Let me tell you another secret. Do you know why investors hate bounty hunters AFTER THE ICO IS OVER, because they are unprofessional fortune seekers that don´t like paying to those that made their ICO a success. Bounty hunters are accused of dumping and selling, so what? Bounties are normally 1 to 3% of the tokens, so if there is demand for the ICO the price will hold perfectly. The problem is that ICOs are no longer oversubscribed due to the greed of the teams and the unrealistic marketing campaigns, and the they have to put the blame on someone else.
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July 19, 2018, 11:36:48 AM
 #39

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
I agree if the bounty participants should be compensated for their work. at least a few percent to replace the time they have been working on. because I am sure if the bounty hounter is working with the maximum.
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July 19, 2018, 11:37:26 AM
 #40

it should be so but ico project there is no budget to pay bounty participants. they do not have a plan according to their project if the achievement during the token sale period is not achieved.

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July 19, 2018, 11:47:49 AM
 #41

I think everyone should follow the agreement . If in rules of bounty campaign compenastion in case of ICO fail was agreed bounty hunters should receive it , if not - they don't . If projects will follow the agreement , I guess most part of bounty hunters will be satisfied , because there are to many projects which are trying to scam bounty hunters by lowering the amount of tokens allocated for bounty campaign.
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July 19, 2018, 11:49:36 AM
 #42

I think the bounty participants should also be eligible for a reward if the project fails. Because I think following the bounty also includes work. But I think the project does not pay bounty participants if the project fails because the team does not want to lose more, so bounty participants must understand.

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July 19, 2018, 12:26:10 PM
 #43

No, that's the risk that bounty hunters take. Sometimes the rewards are very high which makes up for it.
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July 19, 2018, 12:32:41 PM
 #44

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
yes, they should also be compensated for the role of bounty hunter is also very important. Indirectly bounty hunter also helps promotion and become a buzzer through social media.
I know as bounty hunter we need to get what we expect before doing the task but its very difficult to get the conpensate from the project.
What will they use to conpensate us? Token? Then its useless since the token will have no value. If etherium then its good but how? They dont get etherium from the token sale.
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July 19, 2018, 12:50:50 PM
 #45

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Yes, i agree with your opinion. A reputable ICO should already have enough capital to pay for the bounty campaign, even if the project fails or is not able to reach the softcap. It would also be fair to the participants of the bounty campaign. But unfortunately I have not seen such a bounty campaign of a ICO with the prerequisites. If an ICO start such a bounty campaign and already has ETH or BTC for the bounty, it would certainly settle positive from the other ICOs. Of course, the coins must be handed over in advance to a known escrow. Such a thing would have to be the standard for an ICO with bounty campaign. Then maybe there would be less scams.  Smiley
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July 19, 2018, 12:59:51 PM
 #46

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
If they give back all the money the investors put in where do you expect the money to "compensate" the bounty hunters is going to come from? As someone who does bounties on a regular basis I am fine when an ICO that I have been working on does not hit their soft cap and returns investor money. It is one of the risks involved with ICO's that I will happily accept. The one thing that I will not except is companies that raise money and issue tokens and then try to screw the bounty hunters out of the agreed compensation.

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July 20, 2018, 09:20:32 AM
 #47

I think it's fair because a bounty person does his job and many people approach her very ostensibly offended when he is deceived
Yes it could be fair enough but what would you do if you are not getting enough money so do you will pay from your pocket? It is obvious that sometimes the project is easier just to reject bounty hunters.

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July 20, 2018, 09:23:27 AM
 #48

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?


Well, that is a risk, and you must accept it as a sequence of bounty hunters. nobody wants it to happen, but some ico projects fail in the mood to make investors more confident
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July 20, 2018, 09:31:17 AM
 #49

i think not, because project refund all crypto to investors.
they can pay in tokens how it was declarated in the rules, but what the benefit from dead project tokens

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July 20, 2018, 09:32:21 AM
 #50

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
It is difficult to call for bounty hunters compensation when the project does not achieve softcap.
You know, they do not force bounty hunters to work for them. There are no constraints between the project owner and the bounty hunter.
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July 20, 2018, 09:34:40 AM
 #51

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
It would be great, but I do not quite understand how this can be realized and from what reserves the project needs to allocate funds to compensate all the bounty hunters of the campaign if they failed in raising funds for the ICO.
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July 20, 2018, 09:42:32 AM
 #52

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
If the ICO project did not collect the expected amount of money, it will return the coin to investors, and there will be no money for bounty hunters. Imagine yourself in their place.
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July 20, 2018, 09:44:50 AM
 #53

But who is the support for bounty hunters when choosing the wrong scam or poor quality ICO. I think that is a difficult thing to do, while the bounty hunter is just a side benefit to the successful ico project.

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July 20, 2018, 09:49:05 AM
 #54

God bless the person that created this.
This is a major challenge bounty hunters have been facing after hard work, time and resources
They will be informed that the ICO fail.
Which simply means no token for them.
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July 20, 2018, 09:51:35 AM
 #55

Bounty hunters are the part of the issuing team. They share a percentage of total issued tokens and success of the ICO so they should also share any loss the project has as a result of not reaching the softcap. The loss they take is the loss of their time and effort.
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July 20, 2018, 09:55:31 AM
 #56

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

No, why there should be compensated?
ICOs are an high-risk-investment, so if you are a supporter, thats the same high risk.
There are so many bad and yes some Scam ICOs.
So it is absolutely essential to do your own reasearch about the projects before you join the bounty.
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July 20, 2018, 09:56:21 AM
 #57

No, of course, you yourself agree to the conditions specified in the bounty campaign. You spend your time simply, I understand that our time is money. But no one should waste your returned time. Bounty hunters do not have a certain payment for one hour of work.
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July 20, 2018, 09:57:29 AM
 #58

I would really like that. Thats a very good idea and icos should act that way.
So we could trust a ico more. Cheater will not spend money on them before.
So maybe we could easily decide if it is a serious or dubious ico.

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July 20, 2018, 02:58:07 PM
 #59

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?


It is really saddens me because that its happening today in every bounties in this forum. I think every though the ICO didn't reach its hard cap or it fails the bounty hunter should be compensated a few coins for the stake they did, its like a consolation prize for giving the effort and time to market the products.

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July 20, 2018, 09:04:11 PM
 #60

It would be nice to compensate the bounty hunters but let's us come to think of the developers loss and sympathize with them.They have invested so much even before bounty hunters come in.So I think that if we bounters demand for compensation for a failed project,that will be so much for the developers to bear in addition to other loses.

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July 20, 2018, 09:06:51 PM
 #61

It would have been nice to see such happen, but as it is,there is no money from the ICO they can use to compensate for the bounty hunters, project member will not have the resources to do that
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July 20, 2018, 09:07:04 PM
 #62

I agree with you and also believe that the participants of the Bounty are worthy of compensation
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July 20, 2018, 09:14:34 PM
 #63

Affirmative answer. And I agree that there must be some compensation. It's the hard work of bounty hunters-wasting your time and health and you get nothing in return.
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July 20, 2018, 09:19:03 PM
 #64

I think if a project fails to reach its softcap then the bounty hunters should not be paid because participating in a bounty campaign is all about risk and the bounty hunters should be ready to face it whenever such thing happen.

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July 20, 2018, 09:31:53 PM
 #65

You do have a valid point but the issue is that they can't pay bounty hunters with the project token, even if they do it will be useless because it can't be listed.
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July 20, 2018, 09:36:45 PM
 #66

To be realistic, if an ico cannot meet its target and eventually fail then I don't know how they can compensate bounty hunters since the bounty compensation is dependent on the success or failure of the project. If bounty hunters are given tokens that are not marketable on any exchange, I see no sense in that and it is even better not getting it at all.
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July 20, 2018, 09:40:44 PM
 #67

What do you expect them to be compensated with? The failed token or eth? Well, it should be outrightly stated in the wp if otherwise
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July 20, 2018, 09:45:23 PM
 #68

Are you kidding me, People supporting that bounty hunter should be compensated, where are the team going to get the money to compensate the bounty hunters? Since they will refund the investors their money which money are they going to pay the bounty? Some people are not even considerate.
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July 20, 2018, 09:49:13 PM
 #69

Bounty hunters spend a lot of time doing campaigns for a project. But if the project fails or soft cap is not reached, I don't think bounty hunters should be given any price because monies are being returned to investors. Bounty hunters should keep in mind that, entering a bounty campaign is a risk taken. Either you receive a lot of rewards or zero.
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July 20, 2018, 10:04:04 PM
 #70

Maybe and maybe not but bounty hunter are really trying.... They are always busy working day and night. I think they should be compensated why?. They have wasted their time and energy to complete and follows the task given and as we all know time is money that mean bounty hunter are also investing money which is time.
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July 20, 2018, 11:36:12 PM
 #71

Yes, I believe that it is not fair to return money to investors and at the same time not to pay any compensation to bounty members. Just recently I came across such an ICO project (Maestro). We spent 5 weeks bounty and last week they said they were closing.
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January 06, 2019, 10:20:05 PM
 #72

It is very painful to work for more than three to four months for a company only to be told that the ICO wasn't successful so you are not going to be paid. I suggest that at least 10% of the amount earned can be paid in ETH to the hunters.
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January 06, 2019, 10:27:13 PM
 #73

An ICO that starts with the idea of failing, always has a higher chance on not being successful and the ones that start with a great idea and vision and are determined to be successful and create a new token that is going to change and help the world. The idea of compensating bounty hunters if an ICO has failed is great because this way you make your your work is not for nothing and at least you get your money back but still you work for dozens of hours for pretty much nothing since at the end you have no profit.
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January 06, 2019, 10:30:09 PM
 #74

Today such situation that even if the project collected the necessary sum it often doesn't pay. And if you don't collect, then how he can repay the funds to the bounty hunter?
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January 06, 2019, 10:42:52 PM
 #75

Compensating the bounty hunters will depend on the team and only few projects will do this because if ICO did not reach its softcap then there is no fund to share  for bounty hunters, also it is stated on the bounty rules that if the projects fails then there will be no rewards.

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January 06, 2019, 10:46:56 PM
 #76

Once a project fails it will be difficult for the ICOs  to pay bounty hunters in most cases failure of a project is most attributed to the market conditions of Cryptos particularly bitcoin irrespective of whether the project is a good one or not its therefore advisable for bounty hunters to be diligent and selective in choosing the right bounty campaigns.

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January 06, 2019, 10:51:01 PM
 #77

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Of course I agree , but I doubt that anyone is going to do , now a lot of fraud , but I think in the future there will be what some people can make decent earnings with the bounty

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January 06, 2019, 10:56:22 PM
 #78

ICOs are like start ps in the business world and as such open to a wide margin of risks,so anyone who invests resources (cash,time or skills) should be aware of such risks and should only allocate resources that are not critical to him.bounty hunters like investors are not compensated
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January 06, 2019, 11:17:47 PM
 #79

If the ICO fails investors are compensated from their own money they invested. From which funds would the hunters be compensated ?
I think it is more important that the soft cap be realistic and achievable and in that case the hunters will also be motivated to give their
best.

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January 06, 2019, 11:21:24 PM
 #80

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Where are they going to get the money when they failed to reach funds, let's admit it, they want to raise funds for their project not for bounty hunters, because bounty hunters will be paid with their token and the funds they collected are going to be paid for their developers and applications that they are developing.
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January 06, 2019, 11:24:49 PM
 #81

@mods: please ban every newbie account that posted in this spam thread.

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January 06, 2019, 11:26:26 PM
 #82

Try to imagine. If your project fails, do you want to compensate hundreds of bounty participants in your project?
When your project failed, that means your coin/token will not have a value at all. And I think, the bounty participant won't accept your token.
Nah. If you are the project owner or as well as bounty manager, you are not required to compensate bounty participants when your project fail.
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January 06, 2019, 11:35:35 PM
 #83

Don't use 'we' as if you are the bounty manager or developer of those ICOs. But basically, I'd say yes so those bounty hunters will be paid depending on how they worked and how much effort they exerted just to promote the project. There are other factors that must be considered, you just can't be sure of the project to become shady later on. The manager should always be meticulous on choosing what project to manage so his participants will be safe and prioritized.

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January 06, 2019, 11:37:12 PM
 #84

Only the team maybe because they will not do anything to success their ICO.

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January 06, 2019, 11:39:40 PM
 #85

The effort put ij by bounty hunters are not always easy and i do not even expecy that bounty hunters be treated with disdain, just like some would do and decide not to even pay despite the project's success.
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January 06, 2019, 11:43:30 PM
 #86

I think it's fair because a bounty person does his job and many people approach her very ostensibly offended when he is deceived


but how can pay bounty participant if the icos project are failed to the target in the market, and yes i understand bounty hunter is sacrifice
their time and effort to promote the project.

but he/she can get their bounty token or coin came from the failed project the question here when the tokens or ocins listing into the market become profitable.

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January 06, 2019, 11:50:08 PM
 #87

sure is a funny thing about this condition. If it can't reach their sales from where it will get the money to pay for the bounty hunter. certainly the team or bounty manager reluctant to pull out a huge cost to pay because even they don't get revenue. Indeed the hope for bounty hunter is paid for, but certainly, if there is certainly that is the team or manager that is generous.

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January 06, 2019, 11:55:53 PM
 #88

Of course, all ICOs must be able to compensate investors or Bounty participants if the ICO fails. It is not easy to work at the ICO because it takes a long time for ICO to complete it. But this compensation happened and it was very fair. But we as bounty hunters or investors must be more careful in carrying out ICO elections.
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January 06, 2019, 11:59:19 PM
 #89

I think it is part of bounty hunting to actually promote the project. So a failure of the project to meets  its fundraising targets bounty hunters are made to feel the impact. However bounty hunters are human and deserve some sort of reward for the work that has been done

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January 07, 2019, 12:01:01 AM
 #90

I think that bounty hunters do not such a difficult job that they would be entitled to compensation. The most important thing to compensate all investments to investors is the key to the development of the industry.
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January 07, 2019, 12:28:01 AM
 #91

If there is any means to compensate bounty hunters after failed projects it would be very good. Almost all the bounties I participated last year turned out to be unsuccessful and it was a great lost on my part. All my resources I wasted on those unsuccessful projects went waste

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January 07, 2019, 01:02:22 AM
 #92

how will they compensate bounty hunter? do you think if team wants to spend their money on bounty hunter Huh of course not, so don't expect anything if ico fails

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January 07, 2019, 01:46:12 AM
 #93

when ico really fails and investor funds are returned, then for the bounty campaign there will be no compensation because ico is canceled and no funds are collected, because bounty campaign should be a good and good marketing strategy and can make ico successful but it turns out that the ico failed and can't even touch the softcap so the bounty can be canceled.
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January 07, 2019, 02:00:54 AM
 #94

Seeing as how many bounty hunters do the least amount of work possible when promoting an ICO, of course they should not be compensated. Using bounty hunters to promote ICOs is about one of the stupidest possible ways somebody can get publicity, seeing as how most of them

- write garbage forum posts
- have fake Facebook friends or fake Twitter followers
- copy and paste the homepage of an ICO and call it a "blog"
- game the system to get as many tokens as possible.

Then if the token should by the grace of God actually be worth something, they just dump all of their rewards on the market as soon as possible, crushing the chances of success of the project.

Bounty hunters are the dumpster divers of the crypto world. They sift through digital trash and call it a living instead of actually contributing anything to society. The sooner ICOs realize this and stop using them (or at least begin to put some quality control on them), the better.

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January 07, 2019, 02:11:43 AM
 #95

I think it's debate able, in one side the bounty hunter already done their work, but in the other side, there is some rules or perhaps unwritten rules that the project will be paying the bounty participant when certain amount of fund are collected, and by joining the campaign that means the bounty participant already agreeing that rules.

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January 07, 2019, 02:13:00 AM
 #96

If you have worked long enough so at least there is compensation for the bounty hunter so that they can enjoy the results. However, it also may either Fund from which to pay their work is certainly no one knows. at least if there is any compensation will be able to create a bounty hunter could be alleviated through the result is not the maximum.
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January 07, 2019, 02:23:07 AM
 #97

Compensation is indeed a good thing for those who suffer losses and lose time because the project failed. I think this can also be a good solution, but it is also very difficult to implement. Because the project failed, of course, everyone didn't get tokens.

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January 07, 2019, 02:27:02 AM
 #98

Perhaps its already mentioned before, but in my opinion would be there is no chance for bounty hunter to get paid if the project is failed.
I believe the team doesn't has that kind of allocation to give compensation if the project doesn't reach the desired target.


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January 07, 2019, 02:35:32 AM
 #99

I think that bounty hunters do not such a difficult job that they would be entitled to compensation. The most important thing to compensate all investments to investors is the key to the development of the industry.
Bounty hunters must also be valued. If they don't value bounty hunters to pay for bounty, you'll never get anything here. In addition, if ICO fails, it is certain that investors and bounty hunters will not receive any token


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January 07, 2019, 02:36:56 AM
 #100

Bounty spammers deserve death

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January 07, 2019, 02:48:40 AM
 #101

Yes they should be compensated for the time they spend, because with the services of the bounty hunters all ICOs can succeed, if the failed ICO does not compensate the bounty hunter who works, chances are they will no longer trust the ICO in the future, and that will make it difficult for certain projects to raise funds for ICO project funds.

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January 07, 2019, 03:02:20 AM
 #102

I wonder how the devs or the teams can pay the bounty hunters if the ICO was failed? It's like you hire someone but the payment is not worth at all for them or for you. The bounty hunters will have a problem to sell the token because the token doesn't have any price and even the token is not listed on any exchange. The dev and the teams should find another way to pay the bounty hunters and perhaps, giving them eth or cash will be a good solution but I don't think that the dev will do this because they will keep the money for their own project.
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January 07, 2019, 04:29:07 AM
 #103

Yes they should be compensated for the time they spend, because with the services of the bounty hunters all ICOs can succeed, if the failed ICO does not compensate the bounty hunter who works, chances are they will no longer trust the ICO in the future, and that will make it difficult for certain projects to raise funds for ICO project funds.

Good, hopefully they'll retire and stop flooding the forum with garbage posts. A lot of bounty hunters are cheaters and the rest are lazy. It's not a real job. It's what you do when you don't have a job .

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January 07, 2019, 04:46:28 AM
 #104

No that's not right,compensation is not needed because we all know the risk when joining a bounty campaign about softcap and hardcap ,if these two never works out they its no ones fault
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January 07, 2019, 04:48:52 AM
 #105

If that really is possible for a failed ICO to pay the bounty hunter after their hardwork, but sadly all this time there is nothing that bounty hunter get after what they done if the ICO is not reach the target. even sometime when a project reach the target, then on one side, the project asking something uneasy for bounty hunter to do in order to claim their reward.
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January 07, 2019, 04:51:43 AM
 #106

Yes they should be compensated for the time they spend, because with the services of the bounty hunters all ICOs can succeed, if the failed ICO does not compensate the bounty hunter who works, chances are they will no longer trust the ICO in the future, and that will make it difficult for certain projects to raise funds for ICO project funds.
Bounty only succeeds when their ICO project succeeds. You can't ask for anything more from them, How can you get money when they don't have money to pay you. There are hundreds of ICOs every month so the number of failures over 90% is normal

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January 07, 2019, 05:01:34 AM
 #107

So far what happened when the project failed, for all Bounty participants certainly did not get tokens. So if there is compensation for bounty hunters, of course, that can't. If the project fails, nothing can be expected anymore. And this is very important to do research before joining the ICO project.

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January 07, 2019, 05:39:32 AM
 #108

If I ask for something that should only be paid for by bounty hunters even if not ico is a successful project because
They suffered from sacrifice and hardworks time for it. whereas in reality unsuccessful ico no pay on bounty hunter this is very unfair because it works well and does not pay. so before joining a project make sure that it is true and legit or something ico has already achieved so you do not have to worry.

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January 07, 2019, 05:59:35 AM
 #109

I think the dev should be made to pay bounty hunters and also refund investors money if project fail,this will make them to be more serious and this will also help us to have genuine project coming up instead of having scam project all over.
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January 07, 2019, 06:27:53 AM
 #110

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

They should be compensated but do they have the money to do this, based on my observation these ICO started without money at all and only these crowdfunding can realize all that they are planning to do, including paying bounty hunters.

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January 07, 2019, 07:08:33 AM
 #111

Rather than agreeing with that I think there must be some agreement before bounty starts so everyone should know what is going to happen to themselves if ico is not success.
Most ICO makes it clear they won't pay bounty hunters if the project doesn't reach the soft cap or so....... So the project doesn't reach a certain amount of money bounty hunters should not be excepting to get paid because the Main goal of bounty hunters are to create awareness for the particular project
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January 07, 2019, 07:18:35 AM
 #112

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
If the title is work, each team should compensate the bounty hunter. So if they do not provide the slightest compensation what should be done by the bounty hunter is to block all activities that will be carried out by the team, especially when they create a new ICO project. If their attitude is just left alone, I think this forum must make a hard rule for every manager's bounty when he gets a project to promote. I think this is fair and wise for several parties.
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January 07, 2019, 07:21:06 AM
 #113

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
Yes, it will be fair to compensate the time, which bounty hunter spent on anyone project. And even better will be if they paid hunters in BTC/ETH weekly.
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January 07, 2019, 07:27:51 AM
 #114

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
There is a certain amount of logic in this statement. If the ICO team would turn to a commercial enterprise to provide services for advertising their ICO project, they would be forced to pay for these services, regardless of whether the ICO project is successful or not. The activities of the ICO are practically not regulated for the time being, and therefore the ICO teams so far dictate their conditions for joining their projects. If the activities of the ICO will be regulated by government agencies, then this issue should be taken into account.
For example, in the regulatory act for regulating the activities of ICO, which is prepared in Russia, the ICO team must have a significant amount of funds in a bank account before holding an ICO and this amount can cover the running costs of the ICO project even in case of its failure.

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January 07, 2019, 07:31:14 AM
 #115

i think its only wasting a time doing bounty if that project itself was failed, but we dont know if some project will fail or succes, so keep happy bounting guys.

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January 07, 2019, 07:46:50 AM
 #116

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

We should all be compensated but all these ICO only have their tokens and their promise to rely on, we participated on these ICO based on their promise and agreement, they sum up our rewards based on their token value as they compute it to be, but when it did not materialized, we cannot do anything about it.

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January 07, 2019, 07:53:42 AM
 #117

As a bounty hunter, it is fair if they will paid us for our work eventhough it will last for just a few weeks. But to think that the project is failed to launch and there is no funds to be raised then where the team will get the funds to be distributed to their participants?. It is better to check and make sure that the project you'll be joining to has raised their softcap so that you'll be sure to get paid.

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January 07, 2019, 07:59:13 AM
 #118

In my opinion it should be Yes, because that is considered as work and not just an incentives. The work must be paid and not just being promised. This is why many people nowadays conduct ICO project even if it will going to fail because they do will not going to have huge loses on it for they do not have that resources or money invested to start the ICO period. If only the forum would be strict to ask for requirements and for compliance to start an ICO project then it would be good for the investors and for the bounty hunters.
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January 07, 2019, 08:13:56 AM
 #119

Most bounty campaign make it clear that bounties will only be paid when a certain amount of money is raised. With such caution, I don't think any compensation should be paid to them.

In this case, it is still good to be grateful to the people who helped the bounty even that the project is not successful. Just a little amount might do well. just a compensation for their hardfork and contribution to the project.

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January 07, 2019, 08:33:45 AM
 #120

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

No, I guess not, the ICO team invested too much of their hardwork for the project and compensating the bounty hunters might be not a good idea to do since they do not completed the ICO in a successful way. Maybe they might provide a little compensation but not the actual bounty pool allocation.

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January 07, 2019, 01:23:43 PM
 #121

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Before starting a bounty, The bounty manager should ask the ICO team to deposit some amount of ETH as a security deposit that can be used to compensate bounty hunters, in case the team decides to stop the project.
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January 07, 2019, 01:29:23 PM
 #122

I do not think that the idea as a whole had such a meaning. The most important thing that bounty hunters today do not get anything even if the project really got a lot of money and goes to the stock exchange. It is strange why people are silent about this.
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January 07, 2019, 01:35:36 PM
 #123

Not really,since we agree terms of their campaign but some of the projects have given compensations when their projects got failed at ICO level for the bounty participants so it really depends on the team but not necessarily need to do,if hunters want they need to join with bitcoin payment campaign.

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January 08, 2019, 06:46:16 AM
 #124

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
As long as ICO’s activities remain unregulated by states, bounty hunters will not be paid compensation for their work if the ICO project fails and does not collect even the minimum amount for its activities. Things may change if such regulation is implemented. As a general rule, the provision of any services should be paid for and this is not a problem for bounty hunters if the ICO team fails.

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January 08, 2019, 07:17:21 AM
 #125

I do not think that the idea as a whole had such a meaning. The most important thing that bounty hunters today do not get anything even if the project really got a lot of money and goes to the stock exchange. It is strange why people are silent about this.
No one can complain and sue them. I participated in many campaigns in 2018, they succeeded and listed deals but they did not distribute bounty, when I asked them at telegram, I was banned and they ignored me, everyone else was the same

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January 08, 2019, 07:56:05 AM
 #126

If this is true from the perspective of God, the bounty hunters should be compensated for the heavy losses. But the scammers are not believers, so no one will make up for the losses for the losers. This is impossible to achieve.

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January 08, 2019, 08:16:01 AM
 #127

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

I like this idea, as a bounty hunter this idea will ensure us doing jobs that is futile. But which ICO or who will be responsible for this payment and with this being implement i am sure the bounty hunter participants will be very limited.

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January 08, 2019, 08:20:15 AM
 #128

Even though it's a good idea but that wouldn't be possible.  Which fund will the project use for the compensation?  When raised funds were refunded to the investors and team has no money on themselves

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January 10, 2019, 05:56:33 AM
 #129

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?
I think that compensation should be obtained, but in reality it is very difficult to achieve good communication. The project will always shirk responsibility, and nothing will be obtained at the end.


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2local
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Sustainability and Prosperity.
Pre sale is going on
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2local Sale
siupang2
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January 10, 2019, 06:03:30 AM
 #130

I think no, no for sure why? Because there's a contract between you and the bounty program, bounty program will pay you if the softcap reached, and I think bounty hunter only give small impact in the project because let me tell you, if you have 1000 friends only 10% will read you post carefully and from that 10% only 25% that think to join but still unsure, and only 5% from that 25% join the project...
Callanta787
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January 10, 2019, 06:58:46 AM
 #131

All bounty hunters should be aware that not all bounties you spend time on will be successful ,bounty hunting is a risk as its sure that many projects will fail and only few will succed

Collinberg
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January 10, 2019, 07:01:17 AM
 #132

Personally, I do not think bounty hunters should be compensated when a project doesn't work out because investors actually invested funds and that is why their invested funds are returned, but bounty hunters invested time and time cannot be returned.

nekorakoeora
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January 10, 2019, 07:03:05 AM
 #133

the bounty hunter certainly agrees they still get paid. but for the manager who runs sure thing is hard to do. from where the funds to pay the bounty is certainly a hard thing solved because the ICO does not produce anything. When the ICO fails then I think there still will not be compensated and only an apology.

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glasbren
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January 10, 2019, 07:07:02 AM
 #134

Obviously there will be no compensation for bounty participant if the project/ICO failed. Since the project not mentioning about any kind of compensation if the project would end up failed.
Sendi blackspade team
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January 10, 2019, 07:10:45 AM
 #135

Obviously there will be no compensation for bounty participant if the project/ICO failed. Since the project not mentioning about any kind of compensation if the project would end up failed.
actually it all depends on the team that developed the project. sometimes even if they don't reach the desired sales target, they will continue to run the project so they will still pay the hunter bounty. but most if there are projects that fail to reach the target other than extended, they will decide to stop the project and the bounty hunter will get nothing.
Saint1990
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January 10, 2019, 07:35:08 AM
 #136

It is a common thing to see most ICOs stating in their whitepaper that the monies of investors will be refunded to them in case the ICO is not able to reach its softcap. Sadly bounty hunters work for like eight weeks or even more and their efforts go waste. Do you agree they should also be compensated?

Your suggestion is good but if you think practically, Projects launch ICOs to collect the funds to carry on their project to achieve their goals but what if they fail to collect the targeted funds how they will pay hunters??? To get rid of this they mention tokens will be paid to hunters if they achieve their softcap & also as a hunters we have complete control of taking decision which campaign we need to join or not. Its better to choose campaign by studying their teams, what technology they are bringing, their future scopes to conclude whether you will get the rewards or not at the end of the day.

aprilnot
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January 10, 2019, 07:54:59 AM
 #137

like the team will not compensate for a failed project. after all who wants to buy coins from a failed project? so we can only surrender.

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jolle123
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January 10, 2019, 08:39:03 AM
 #138

Yes for me because they work to promote the project and to recognize it so that the ICO succeeds or fails to pay the bounty hunters right. This is their right because they have worked hard and suffered for it.
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