Bitcoin Forum
July 01, 2024, 12:25:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 »  All
  Print  
Author Topic: Should we compensate bounty hunters when ICOs fail?  (Read 998 times)
abruchifid
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
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
Nimbusrf
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
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
baeva2
Member
**
Offline Offline

Activity: 728
Merit: 10


View Profile
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.
Xclusive5
Full Member
***
Offline Offline

Activity: 672
Merit: 100



View Profile
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.

nonycinta
Newbie
*
Offline Offline

Activity: 165
Merit: 0


View Profile
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.
BabatundeM
Member
**
Offline Offline

Activity: 317
Merit: 10


View Profile
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.
miracle24
Newbie
*
Offline Offline

Activity: 309
Merit: 0


View Profile WWW
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
echodike
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
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.
KobbyC
Newbie
*
Offline Offline

Activity: 361
Merit: 0


View Profile
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.
christofyler
Newbie
*
Offline Offline

Activity: 532
Merit: 0


View Profile
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.
big_bankir
Newbie
*
Offline Offline

Activity: 102
Merit: 0


View Profile
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.
Dacosta Osei-Tutu (OP)
Member
**
Offline Offline

Activity: 560
Merit: 10


View Profile
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.
MakeMoneyBtc
Full Member
***
Offline Offline

Activity: 1092
Merit: 117


View Profile
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.
AlekseyCrypto
Member
**
Offline Offline

Activity: 518
Merit: 11


View Profile
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?
EnormousCoin101
Full Member
***
Offline Offline

Activity: 510
Merit: 100


BBOD fast, non-custodial & transparent Exchange


View Profile
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.

gabbie2010
Sr. Member
****
Offline Offline

Activity: 2716
Merit: 326


casinosblockchain.io


View Profile WWW
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.

Elorika
Jr. Member
*
Offline Offline

Activity: 266
Merit: 1


View Profile
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

imusify.com  ❰  Award-Winning Blockchain Music Platform  ❱  Presale starts Mar 1
sandra_x
Member
**
Offline Offline

Activity: 574
Merit: 14


View Profile WWW
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
blokklanc
Jr. Member
*
Offline Offline

Activity: 226
Merit: 4


View Profile
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.

▄ ◤ HyFi ◥ ▄
▐░ DeFi & CeDeFi Marketplaces ░▌ (https://hyfi-corp.com)
plr
Member
**
Offline Offline

Activity: 1148
Merit: 24


View Profile
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.
Pages: « 1 2 3 [4] 5 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!