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Author Topic: BOUNTY PAYMENT PROBLEMS: Too long to wait before being PAID!  (Read 1752 times)
Auna
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September 24, 2018, 02:44:09 PM
 #141

From my little experience I can say that I have found very few tokens which have been distributed at right time and most importantly in a shortwhile. Otherwise, most of the campaign creat problem with bounty payment. I think this problem is needed to be reduced by making some strong rules regarding bounty payments.
DamilolaB
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September 24, 2018, 02:48:32 PM
 #142

Some of these ICO teams are not being sincere with bounty hunters who actually helped with the ico promotion. And in one way or the other they have contributed positively to the success of the project so therefore I don't think bounty participants have to wait this long to receive bounty rewards.
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September 24, 2018, 03:39:54 PM
 #143

It depends on bounty managers as some good and trusted managers escrow their bounty coins for distribution and they distribute coins as mentioned in their bounty thread and some companies deliver their coins after completion of their ICO's. I am in bounties from long and get 40% coins at right time and many coins are still in waiting list.


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CaptainKid
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September 24, 2018, 03:50:33 PM
 #144

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?
This is sad, since most of the bounty of campaigns (projects) prolong and delay payments, and if they pay, then this award turns out to be very small. Everything depends on the market situation, I hope that it will improve and, accordingly, the situation with payments in bounty campaigns will improve.
Branko
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September 24, 2018, 04:46:39 PM
 #145

My best signature bounty so far:  CHT, only did it for 4 days, worth $1200 now

My worst signature bounty so far: ESS, 120 days, worth $330 now
anjho.ace
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September 24, 2018, 04:48:29 PM
 #146

Not all, some ICO pay the participants in lessa than a month some are better at within 7 days.
There are different ICO and different payments.
The problem now is much bigger than that. there are so many ICO who dont pay the participants as they are SCAMS.
Some ICO are legit though the project didn't push through because of lack of investors.
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September 24, 2018, 05:03:12 PM
 #147

It's not a problem. The problem is that they do not PAY at all! Not in 100 days, not in a year! Now I do not see the point of wasting time on the campaign bounty.

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September 24, 2018, 05:42:59 PM
 #148

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?
100 days in current ICOs' realitys isn't something special, some investors wait even longer than half a year or even more, so bounty hunters should be ready to wait longer than investors. And I think it is a normal practice to move token distribution because of market conditions, if they list their token when market falls down their token will trade below ICO price and won't grow when market conditions improve because potential investors will forget about them and will invest in new projects, these stories already happen with such hype ICOs like Refereum, Bee, Dadi, Insight network, so I think waiting for the better market conditions is a good decision.

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sumangs
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September 24, 2018, 05:48:46 PM
 #149

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

They have just trust issues on the bounty participants because there is no real money invested on bounty campaigns just only time and effort on doing some task that are not really hard to do. They are just aware that the real investors getting a profit on the investment they've trust. Can't even blame all those bounty participants because they also did their part. But please for those bounty participants who receive bounty rewards be sensitive whether you will dump those tokens you've got without real money involved.
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September 24, 2018, 05:54:44 PM
 #150

in my opinion, one of the factors is the delay in bounty payments due to unstable market conditions. because if a token is paid with an unstable market condition, the bounty participants will immediately sell the token. so the token price on the market is very cheap on the market.
Branko
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September 24, 2018, 05:57:21 PM
 #151

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

They have just trust issues on the bounty participants because there is no real money invested on bounty campaigns just only time and effort on doing some task that are not really hard to do. They are just aware that the real investors getting a profit on the investment they've trust. Can't even blame all those bounty participants because they also did their part. But please for those bounty participants who receive bounty rewards be sensitive whether you will dump those tokens you've got without real money involved.

If you want to put blame, its usually presale buyers with 40% or bigger bonuses dumping on release, than bounty hunters with their measly 1-2% of overall
coins generated

In my previous post, CHT gave whopping 10% to bounty hunters, while ESS gave 0.4% (we expected 1.2%)

Result: CHT is 120% above ICO price, ESS is down 80% and more...karma? Or word of mouth? Who'd know  Grin
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September 24, 2018, 05:59:42 PM
 #152

What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?

In 2018, i only received one bounty payment so far and yeah. I think that to avoid and stabilize price is kinda okay but for your case
I think that is kinda fishy tho, but can't call it a scam because the ETH network actually congested recently.

However IMO, payment shud be made regardless if network is stuck and they can just proceed with higher fee

correct. I agree with you. one reason for delay in bounty payments to avoid and stabilize the price of tokens on the market. but if the reason for the ETH network is stuck, I don't agree. because the condition of the network is very stable at this time. so it's not an excuse if the bounty payment is delayed because the ETH network factor is stuck.
coinbirds
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September 24, 2018, 11:11:14 PM
 #153

Different ICOs finding different reasons to postpone the bounty payment as they are afraid bounty hunters dump their coins and it could potentially hurt the coin and the investors.
I think that bounty budgets of 1% cannot hurt the coin even if they are dumped.
That is a short term event and the price will rise again after the dump if there is demand for it.
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September 24, 2018, 11:42:05 PM
 #154

in my opinion, one of the factors is the delay in bounty payments due to unstable market conditions. because if a token is paid with an unstable market condition, the bounty participants will immediately sell the token. so the token price on the market is very cheap on the market.
I agree and eth is too cheap right now, other than that the main reason is that investors have invested with eth and the decision to postpone is part of a strategy to protect investors.
almost all ico will be completed in December.

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Mysteryla
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September 24, 2018, 11:55:52 PM
 #155

Well,i think most of them believe that bounty hunters are the ones that dump tokens, but they failed to realise that the percentage allocated to bounty hunters is not enough to dump the coin, which is way too small.
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September 25, 2018, 06:45:54 AM
 #156

Well,i think most of them believe that bounty hunters are the ones that dump tokens, but they failed to realise that the percentage allocated to bounty hunters is not enough to dump the coin, which is way too small.

And as you can see in case of CHT, maybe most generous to bounty hunters ICO ever,
there was no dump at all

https://bloxy.info/token_holders/0x799d214d7143b766cdd4979cd0280939288ba931
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September 25, 2018, 06:49:47 AM
 #157

Because this is scam bounties.
They sold tokens with high bonus on presale and their price already 10x dump before then they send tokens to bounty hunters.
More i think projects send their tokens how solded to himself and dump price once going exchange

prashanta
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September 25, 2018, 06:53:27 AM
 #158

in my opinion, one of the factors is the delay in bounty payments due to unstable market conditions. because if a token is paid with an unstable market condition, the bounty participants will immediately sell the token. so the token price on the market is very cheap on the market.
I agree and eth is too cheap right now, other than that the main reason is that investors have invested with eth and the decision to postpone is part of a strategy to protect investors.
almost all ico will be completed in December.
Not only that most of the investor are now sleeping mood due to market down that's why ICO project can't reach their hardcap successfully. So most of the project wants to delay to pay bounty payment & getting listed on exchanges as well.
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September 25, 2018, 07:06:37 AM
 #159

probably quite reasonable when the distribution for the bounty hunter soon enough because it avoids large price drop from the bounty hunter who sells their coins and this is certainly detrimental to investors. but when many of the reasons start not go then this will already be an indication that this is a scam. forget it and find another bounty. because if it will pay will certainly go straight in the wallet unexpectedly.

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September 27, 2018, 11:16:29 AM
 #160

I think we bounty hunters needs to fight for ourselves, no one is protecting our rights in the industry and it shouldn't be like this because we are one of the stakeholders. A situation where bounty managers or project team act anyhow after the project promotion by bounty hunters does not speak well for the industry.

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