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Author Topic: What happens to unshared bounty tokens?  (Read 6434 times)
Adunni6758
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January 17, 2019, 03:30:20 PM
 #21

That is well said by the author. This is why every bounty manager should try as much as possible to remove the cheaters in the cause of the campaign, so that those who actually did the work in the right way, will get their tokens.
Then if the campaign ends and there are still some detected, it will be best for the stakes allocated to the cheaters be removed from the overall total stakes and then go ahead to allocate the tokens.
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January 17, 2019, 04:06:20 PM
 #22

As to my own opinion
I think what happened to all unshared token is that, it will be burned or even shared among the  teams for a better use of it or probably locked for some certain reason(s).
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January 17, 2019, 04:08:58 PM
 #23

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?

In my own understanding, for what is happening to unshared bounty token, it goes to the BM in my own opinion.
It is on the jurisdiction of the BM on how are He going to do it. Because the only token that will be burn is the unsold token, not the bounty allocated in the campaign.
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January 17, 2019, 04:18:09 PM
 #24

Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?
The team will keep the tokens by their own if someone can't pass KYC or something even after completing the post require8for getting rewards but when someone don't meet the requirements they can be disqualified from stake calculation.
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January 17, 2019, 04:31:58 PM
 #25

I often question that and honestly I am very curious about the answer but I think there is actually no right answer because everything can change at any time, so I decided to wait and if it doesn't change anything then I will try to forget it

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January 17, 2019, 04:43:46 PM
 #26

Most of the campaigns I joined only makes the final computation after the team closed the window for completion of all tasks required to receive bounty. Only then they will distribute tokens according to total stakes of legit participants.

In some campaigns, undistributed tokens goes back to the reserve pool.
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January 17, 2019, 05:01:45 PM
 #27

Often, such tokens simply burn, but I had occasions when they were distributed among the participants who met all the requirements - and this was my most profitable bounty. I think it is fair.
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January 17, 2019, 05:07:34 PM
 #28

I have experienced this, so I checked the telegram group to make sure the admin and bounty manager can do their best. the problem is that there are many bounty managers who have not handed over the total stake gained by the participants and I check the announcement when the distribution is done.

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January 17, 2019, 05:12:12 PM
 #29

unfortunately, every ico/bounty handles it differently. some projects make sure that everything is 100% fair. in other projects, the dev team does not care if you get a few tokens more or less. such teams retain the undisbursed tokens.
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January 17, 2019, 05:13:50 PM
 #30

Often, such tokens simply burn, but I had occasions when they were distributed among the participants who met all the requirements - and this was my most profitable bounty. I think it is fair.

That's also what I've learned from most campaign, they allocate every spare tokens as a bonus for those who Excel or who did their job well, and most of the time they just do nothing but to keep those spare and bring it back to the original coin fundings, there's no exact answer I guess but always depends from the team itself.

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January 17, 2019, 05:42:35 PM
 #31

I believe that unshared bounty tokens usually goes to the bounty managers . It's an easy way to earn additional money and most managers don't miss such an excellent opportunity to earn extra money . Managers are people too and they also need money, nothing personal  Grin

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January 17, 2019, 05:53:17 PM
 #32

I believe that unshared bounty tokens usually goes to the bounty managers . It's an easy way to earn additional money and most managers don't miss such an excellent opportunity to earn extra money . Managers are people too and they also need money, nothing personal  Grin
BM has negotiated with his team for manager fees and reward allocation. So the BM has already been paid first by the team, but if a participant is rejected, then the reward will go to BM, which means the manager gets doubled?

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January 17, 2019, 06:18:25 PM
 #33

Unallocated tokens are usually returned to the team, although this is unfair, because they promised the participants a bounty a certain amount, but in the end - they are deceiving because some of this reward they taken for themselves and thus significantly reduces total bounty pull. There are many such cases of deception.
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January 17, 2019, 06:20:56 PM
 #34

I believe that unshared bounty tokens usually goes to the bounty managers . It's an easy way to earn additional money and most managers don't miss such an excellent opportunity to earn extra money . Managers are people too and they also need money, nothing personal  Grin
BM has negotiated with his team for manager fees and reward allocation. So the BM has already been paid first by the team, but if a participant is rejected, then the reward will go to BM, which means the manager gets doubled?
The fact is that many managers remove some participants from the Bounty company, who have done all the work and have calculated their steaks, in order to take their earnings. I had such a situation with pundi X. I received a negative rating after the end of the bounty of the company, but the manager still did not give me a reward.
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January 17, 2019, 06:23:52 PM
 #35

I think it is pretty unfair that the whole bounty pool is not distributed to the participants. Normally, the team says that all the remained tokens will be used for further promotional campaigns or they will be burned.
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January 17, 2019, 06:28:31 PM
 #36

From my experience, undistributed tokens from bounty campaigns were either considered as unsold tokens and burned or they were returned to reserves.

Those tokens should be redistributed to the legit bounty hunters.
maybe yes for unshared bounty allocation are burned, but few campaign take the unallocation fund for the bounty manager team or the developer team, even they get separate allocation for them

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January 17, 2019, 06:43:11 PM
 #37

I agree with you on this one because in most cases almost half of the token allocation are left unclaimed die to the failure of the hunters to pass through the different check due to one conditions or the other, and this tokens are not specify where it goes to in my own opinion I think the unclaimed token should be added to the faithful Hunter as a bonus.
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January 17, 2019, 06:48:10 PM
 #38

Usually it should be burned or transfered to dev fund . I don't see any big deal in this , because usually bounty fund is no more than 5% of total supply . Some projects even got 1% bounty fund allocated . Im just happy that people got chance to participate in such bounty activities and earn tokens / coins Smiley
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January 17, 2019, 08:37:29 PM
 #39

Some project developers and bounty managers they give it to the qualified participants. And not all bounty managers do that as some take it back to the developers and probably burned the tokens. But, it's better to split all the unclaimed tokens to the qualified hunters as they managed to meet all requirements and be rewarded by their efforts.
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January 17, 2019, 08:53:52 PM
 #40

There are many different possibilities that can happen with unshared bounty tokens. The most common thing to do is just to burn the leftover tokens. The team can also keep them for the future and sell them when they feel like, lock the tokens up for a certain time or just use them to have airdrop like events. There are many more, but those were the first ideas that popped into my mind Smiley.

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