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Author Topic: What happens to unshared bounty tokens?  (Read 6439 times)
Meryn
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January 18, 2019, 06:27:42 AM
 #61

I have already asked the bounty manager or the official telegram, they did not answer it. even though they distribute it, but this is not fair. for those of us who pass KYC, we should get more tokens than those that do not pass KYC. it should be like that. but they ignore us.

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January 18, 2019, 06:38:52 AM
 #62

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?

They will burn it but sometimes they keep going but using share system, meaning dividend. Developer know that as risk and they already have solution, burn it and create again. The problem is burn token meaning they not success with the project, people will think twice before join their next project. Become developer is not easy but keep going is more important than burn.
That depends on the developer's decision, some of them are distributing the unsold tokens to the participants while there are others platforms are sending back it to the wallet to be used for the marketing purpose. The rest of platforms are burning it.

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January 18, 2019, 08:01:25 AM
 #63

Maybe the unshared bounty tokens will be back to the project, or it gets burned because I know some coins do this. The unshared bounty tokens can be a new airdrop to many people so they can get more tokens. Or maybe they will give all of the tokens allocations for the bounty hunters no matter if they get more than before. But if you want to the true answers, maybe you can ask with every dev owner or the teams so that you will know the right answer.

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January 18, 2019, 08:08:49 AM
 #64

That actually depends on who keeps the bounty tokens are and how the calculation is done. Some bounty tokens can be on escrow, and if they first eliminate the cheaters and do the distribution of the reward in that way, there will be no unshared tokens left behind.

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January 18, 2019, 08:09:27 AM
 #65

Not distributed according to the idea should be burned, but something can hardly be believed. Most likely, they are sold in the future.

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January 18, 2019, 08:10:51 AM
 #66

When you got ICO was success and touch hard cap and listed at market with higher price, but you are bounty campaign participants do not received you token, maybe better forget it because the team of bounty campaign manager is fake, I have got one campaign until now never get payment.
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January 18, 2019, 08:24:02 AM
 #67

Not distributed according to the idea should be burned, but something can hardly be believed. Most likely, they are sold in the future.
That is the issue with untrusted bounty managers or team. Transparency is sometimes an issue when it comes to some ICOs.
There were some projects done in the past, who gave the entire tokens to those who were qualified, but this is mostly done when the project is managed by the team itself.
If the tokens are distributed by the managers, they are likely going to be held back by him, if there are leftovers.
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January 18, 2019, 08:35:12 AM
 #68

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?

I have long said that KYC is needed by project developers in order to reduce the amount of payments for bounty hunters.
I don’t know where exactly the remaining tokens go, but I’m sure that they are never divided for the remaining bounty hunters who have passed the KYC.

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January 18, 2019, 08:48:22 AM
 #69

In 2017, most projects counted tokens from the entire bounty pool, regardless of the number of participants in the bounty program.Ie if the signature of the company were 2 people the whole pool passed into their hands.Now this is simply not.If the number of participants is small, then the bounty pool in all different ways either cut or distribute tokens based on the last count of the spreadsheet.I don't know where the team sends Unallocated tokens,but this is clearly not fair to bounty participants.If I believe in the project and advertise it in different ways, why not divide the bounty pool equally?I think it would be logical.

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January 18, 2019, 08:58:14 AM
 #70

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?

many bounty hunters have difficulties in KYC problems because of various things, so they don't get the proper gift. For some bounty managers it is a gap to cheat because the number of bounties has been set at the beginning. I agree that all screening must be completed first, before bets are calculated to be more transparent
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January 18, 2019, 09:04:02 AM
 #71

I already participated on multiple bounties and this thing never hits on my mind. You really have a point, they should pass the KYC first before calculating the stakes because there could be a chance that the allocated bounty were being cheated by the bounty manager or the team itself. This should also be clarifies on the OP bounty if they are asking for KYC after the campaign.
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January 18, 2019, 10:47:20 AM
 #72

It depends on rules. I faced 2 different approaches. In a first case bounty pool is being splitted between all participants and in 2nd case unclaimed tokens remain with founders.
Also unshared bounty tokens can be used for futher bounties

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January 18, 2019, 10:49:12 AM
 #73

I have already asked the bounty manager or the official telegram, they did not answer it. even though they distribute it, but this is not fair. for those of us who pass KYC, we should get more tokens than those that do not pass KYC. it should be like that. but they ignore us.
I think it's a very confidential question to ask and in a professional career, you really don't have to ask that to your colleagues.

But it's good for them if they don't hide a thing from the people, they can freely answer that and tell the people where it really goes. If it goes back to the devs or they are keeping it or they are adding it to the distribution of stakes.
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January 18, 2019, 10:52:48 AM
 #74

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?
I think it's not important to cheat or not. because cheaters also work hard to get their stakes. they also help the project become more famous as others. The important thing here is that the project now seems to be disdainful of bounty hunters and investors. They do not have any respect for the bounty hunters after the project ends. They may not pay us and may delete our account from the chat channel. That is crazy.  Angry

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January 18, 2019, 10:56:43 AM
 #75

I think each team from each project has a different reason, but the reason that often arises when tokens are not shared is due to bad market conditions, and they wait for the right time to share them and enter a stock exchange.

Yeah, but he was asking about what happens after bounty campaign with undistributed bounty tokens. Most probably this exact amount will be burned but sometimes it is going into dev team funds for marketing and promotion future expenses.
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January 18, 2019, 11:21:07 AM
 #76

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?
so in General, the idea should be, that is, there is a pool and there is a reward, all who do not pass the KYC do not get anything, but his tokens should get others. And the company first consider the table, and then spend KYC and not paying us they leave the coins themselves, it is very unfair, but the question is how to deal with it???
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January 18, 2019, 02:03:14 PM
 #77

Back then, when bounty was still very much lucrative, tokens were shared completely among all the qualified participants, unlike these days.
We only have few trustable bounty managers, who would want to be transparent in their dealings.
I have also seen cases where the team wished they do not even pay the bounty participants, such as Envion.
If such do not have any choice, but to pay, they may want some to be left for them to hold back.
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January 18, 2019, 02:44:20 PM
 #78

unshared token reward for bounty naturally still in dev hand, i also wondering about this since at bounty thread they wrote that token to be shared to all participant and token allocation should be set already in their site, whether it for marketing, project development, token sale and bounty
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.
i agree with you, to prevent people from cheating in bounty program all rule should be set already and screening should take before people start doing their task and not after bounty period end. and stakes for those who cheat in bounty program should be voided so token allocation go to hunter who really sincere in promoting the project.
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January 18, 2019, 02:46:25 PM
 #79

It seems to me that everything that is not distributed goes to the profit of managers. I don't think they return coins. Well, this is of course just my opinion.

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January 18, 2019, 07:14:49 PM
 #80

What happens to unshared bounty tokens? That depends on the rules. Every bounty manager has his own rules and deals with ICO teams.
Usually token pool is distributed completely according to the number of stakes. There could be another rule - if we don't have stakes system, tokens can be paid directly, for completed tasks. In this case either this bounty lasts until the pool ends or undistributed tokens are taken by the manager or by the ICO team.

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