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Author Topic: Should we compensate bounty hunters when ICOs fail?  (Read 1045 times)
TusharMali99
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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.
andor.gellenhidi
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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.

Snaic
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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.

Driggers95
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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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maligu
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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.

universal3ee
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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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StatesManG
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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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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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