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Author Topic: What happens to unshared bounty tokens?  (Read 6439 times)
asriloni
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January 21, 2019, 04:12:18 AM
 #121

This is a bit of a gray area and is not ordinarily stipulated in the terms and conditions of each campaign however, most projects that are transparent will either re-allocate the tokens to the approved participants or burn the tokens with the unsold amount but this isn't always the case
That should be the opposite things and a lot of platforms are not transparent for that. They can change it anytime because they have control over all of the bounty funds. Not so many platforms are being transparent in this time.

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January 21, 2019, 04:49:33 AM
 #122

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 opinion, it would be depends on the team of the project, some project would burned the coins, and another project could just spread the excess coins for another participants, or in another case the team would just add the excess tokens into their fund pool, for future development.
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January 21, 2019, 05:25:14 AM
 #123

Bounty tokens are part of marketing allocations, they will remain and be used in other cases, maybe unshared token will be used for trading competitions or even for airdrop.
or maybe they will sell it to get funds to be able to list on several exchanges

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January 21, 2019, 08:03:44 AM
 #124

This is actually a good question and something has to be done about this because after all the kyc and screening off scammers i think all this should be done before allocating tokens to the bounty hunters not after allocation then they start screening, i think the team members just share amongst themselves because have never heard bounty hunters getting more tokens than what has been allocated to them , i know some projects burn unused tokens
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January 21, 2019, 08:12:53 AM
 #125

I personally prefer projects that are all transparent so we know what to do. However, there are many projects that use KYC and I think that has been delivered since the beginning of the campaign. But it seems unfair to get those who pass the KYC. And tokens that are not given I think will be deleted.

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January 22, 2019, 10:34:14 PM
 #126

There are cases where no matter the number of participants, there will still be left over tokens.
Take for instance a bounty where tokens are directly awarded, instead of awarding  stakes, which are later calculated to tokens.
Since, it is certain that tokens will remain in this case, then, it is either the team burns the remaining or return back to reserve. It can also be used for other promotional works.
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January 22, 2019, 10:41:30 PM
 #127

I think it is best that for those unallocated tokens the team should decide to burn them, instead of splitting it and to distribute it to other bounty hunter player. Because it is wise to burn them because they have lower the amount of availability of the token.

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January 22, 2019, 11:21:03 PM
 #128

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?

Your point there is the bomb. Those who do not qualify should not be given stakes in the first place thereby denying the hardworking ones their hard earned stakes. If on the long run heaters are detected, I suggest the stakes recalculated and added to those who worked hard for it.
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January 22, 2019, 11:41:53 PM
 #129

I think unshared bounty tokens are saved by the dev team, which some projects later use for promotional purpose while some just used them for themselves, and some even share them with the genuine hunters.
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January 24, 2019, 05:49:26 PM
 #130

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?

More often managers of projects themselves steal the rest of tokens using fake accounts. They can even steal honestly earned tokens from people who wait for their payments. Most people are disappointed

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January 24, 2019, 07:07:37 PM
 #131

Often, this process will be completed before the announcement of the final spreadsheet.
Of course at that time the shares were divided equally for the rest.

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January 24, 2019, 07:34:38 PM
 #132

Usually, bounty-tokens that were not distributed to members of the bounty for any reason - the team leaves in its reserve fund. In other words - the team assigns them and puts it in their own pocket. I have not heard a single case that these tokens were distributed to other participants of the bounty.
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January 24, 2019, 07:39:25 PM
 #133

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 such cases, these tokens must be distributed to honest bounty participants or burned.

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?
It seems to me that in most cases someone appropriates these tokens to themselves)






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January 24, 2019, 07:50:40 PM
 #134

The idea that TS offers is reasonable and correct, but it will not be interesting to bounty managers and those projects that conduct a bounty campaign on their own. I think the cause is not necessary to write Grin Wink

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January 24, 2019, 07:54:48 PM
 #135

If tokens all the allocated tokens are truly distributed to honest bounty hunter, it would have been the best and it will go a long way to foster more honesty in bounty.
The issue with some projects is lack of transparency and they most times do not reveal or make known to the public, what will be done with the left over tokens.
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January 24, 2019, 07:59:23 PM
 #136

there is usually an error from the bounty manager or team of the project so that income from the bounty is not distributed. tokens will be in one of them and this is what we often call fraud.for the time being, not infrequently the project does not provide results from work on bounty hunters but most of them do not get success from the projects they handle.
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January 24, 2019, 08:54:31 PM
 #137

I honestly have not met a bounty company that first count steaks and the number of tokens, and then instead of sending people these tokens, just cut them.

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January 24, 2019, 09:04:22 PM
 #138

Quote
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 such cases, these tokens must be distributed to honest bounty participants or burned.

Burning decision will be fair than distributing among bounty hunters. On some cases bounty participants are not respecting to terms of project and they sell for cheap prices.

Quote
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?
It seems to me that in most cases someone appropriates these tokens to themselves)

Bounty managers should be tagged negatively by DT members if such cases are still actual.
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January 24, 2019, 09:07:35 PM
 #139

One good idea that I have is to burn the tokens that werent used for bounty rewards. Managers should get only their static reward for their work.
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January 24, 2019, 09:07:57 PM
 #140

Undistributed tokens are returned to team members and they have the sole discretion on what to do with them, it should also be noted that there may be other bounties even after token sales to promote awareness about the project.They can be put into such use
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