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Author Topic: Should we compensate bounty hunters when ICOs fail?  (Read 998 times)
Redredred
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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.
Getcoinsite
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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
s2sallbygrace
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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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patz22
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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.
mataudent
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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.
Dextord
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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.
Meraki
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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.
Pumapipa
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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.
Christinebeauty
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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

salamonKK
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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.
utiltox
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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.
Ceasar19
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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

subG
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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.
Zadicar
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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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Catorabu
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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.
supermam
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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.
Zdraste16
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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.
orkoso
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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.
spyderbilt
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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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