xtraelv
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September 05, 2019, 05:32:24 PM
Last edit: September 05, 2019, 06:55:23 PM by xtraelv |
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So you think Talkstar is open this thread with no real grounds, and that he is "unfairly targeting" BQT&IOU for not paying bounty participants x or xx months after the promised deadline? I think it's wrong to set things up in a way "They all do same things", so why BQT should be different.
I agree with Talkstar opening a thread. It brought it to their attention. I disagree that it is a scam by BQT or IOU. There are other projects that were affected by the same bounty manager that are far longer overdue but nobody is accusing them of scamming. Definition of a scam is a dishonest scheme or fraud. There is no proof that there was any intent of dishonesty or fraud by BQT. If I accused all my customers that were late paying my invoices of being scammers it is likely that I wouldn't be in business for long. While I believe it is up to BQT to sort out - which they are doing. I am sympathetic towards the reason for the delay - which I believe is not their fault. Price of both token is go down, and BQT is from ATH $1.74 (May 20, 2019) now at only $0.08. So by "forgeting" to pay participants in time, they will maybe give them tokens that are much less valuable.
Not correct. Look closely at the graph. There was no trading volume prior to August 1 on that graph. From $1.26 on 29th July to $0.09 (as of today).   If you look at the graph at the bottom it shows volume. There was no volume traded before August 1 so it is likely that the value was based on the issue price based on ETH from the ICO (and fluctuating based on ETH price) or on very low volume - not real trading price. |
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morvillz7z
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September 05, 2019, 06:42:16 PM |
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If you look at the graph at the bottom it shows volume. There was no volume traded before August 1 so it is likely that the value was based on the issue price based on ETH from the ICO (and fluctuating based on ETH price) - not trading price.
You could be right, but looking at ethplorer there was definitely some volume activity prior to August 1st. (i tend to not trust any website on their volume stat accuracy for that matter). https://ethplorer.io/address/0x9d8be94d0612170ce533ac4d7b43cc3cd91e5a1aSince you are in contact with BQT, would it possible for them to provide btc/eth addys for their sold tokens? According to ICOBench they have sold tokens worth of ~$37,000,000 (BQTX=1.0800 USD). Hopefully, it's not 98% sold for fiat in private sales? haha I'm asking because in last years bear market most projects had trouble raising any kind of money. That $37mil somehow stands out...is it not? |
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xtraelv
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September 05, 2019, 06:56:41 PM |
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If you look at the graph at the bottom it shows volume. There was no volume traded before August 1 so it is likely that the value was based on the issue price based on ETH from the ICO (and fluctuating based on ETH price) - not trading price.
You could be right, but looking at ethplorer there was definitely some volume activity prior to August 1st. (i tend to not trust any website on their volume stat accuracy for that matter). https://ethplorer.io/address/0x9d8be94d0612170ce533ac4d7b43cc3cd91e5a1aSince you are in contact with BQT, would it possible for them to provide btc/eth addys for their sold tokens? According to ICOBench they have sold tokens worth of ~$37,000,000 (BQTX=1.0800 USD). Hopefully, it's not 98% sold for fiat in private sales? haha I'm asking because in last years bear market most projects had trouble raising any kind of money. That $37mil somehow stands out...is it not? Also coinall was trading as low as 0.04c already on 15/7/19 according to their statistics.(I think that was the first day listed) https://www.coinall.com/market?product=bqtx_usdt |
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aTriz
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September 06, 2019, 07:06:57 AM |
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I did discussed with Eddie M (the Edward) regarding the payments. they are working on it. and soon they'll pay bounties.
Can you give an exact date or a projected date on how “soon” it will be so that the bountry participants may have a time table on when they can expect to receive their payments? I think when the 11 months have lapsed after the ICO listing you should at least give the unpaid bounty participants some kind of assurance on the promised payment and not only tell them that they will receive it “soon”, because saying it vaguely like that won't really give them a peace of mind. they didn't told me any exact date. so I don't know how soon they'll pay. they are working on that by themselves. and no. I'll not give any kind of assurance. I can't even if I want. that (giving assurance) was never part of my bounty management work. it was very clear that joining bounty programs of these IEO/ICO projects involves risks. everyone accepted that. |
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Lucius
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September 06, 2019, 09:27:37 AM |
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I agree with Talkstar opening a thread. It brought it to their attention.
I disagree that it is a scam by BQT or IOU. There are other projects that were affected by the same bounty manager that are far longer overdue but nobody is accusing them of scamming.
Definition of a scam is a dishonest scheme or fraud. There is no proof that there was any intent of dishonesty or fraud by BQT.
If I accused all my customers that were late paying my invoices of being scammers it is likely that I wouldn't be in business for long.
While I believe it is up to BQT to sort out - which they are doing. I am sympathetic towards the reason for the delay - which I believe is not their fault.
Can we say that this thread is only reason why they start to fix this situation, and in case that no one is asks questions, bounty participants would not be paid? I am fairly convinced that this would be the case, just because this is a common situation when it comes to bounties. So proof for possible scam is in that BQT&IOU ignored this problem, and when you say "I believe is not their fault.", who do you blame for all these months of delay? My personal interest in this is that participants get pay, just because I promote BQT&IOU in signature campaign, and it is not good feeling to know some people may get scammed in this project. |
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xtraelv
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September 06, 2019, 12:40:14 PM
Last edit: September 06, 2019, 12:56:02 PM by xtraelv |
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TalkStar (OP)
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September 07, 2019, 09:50:54 AM |
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It is to notify everyone that BQT team is showing enough professional behavior about this issue. They are continuously giving me updates about their work and i hope very soon bounty participants will receive their payment. I believe every project owners are very much careful about their reputation and it should be. Because of their previous bounty manager's alt account issue and inactivity they were facing this unwanted situation. They have promised me that they will resolve it as soon as possible. From my entire conversation i realized that they have deep respect about our forum and the participant who joined them.
They don't wanna lose bitcointalk users support for them and they want to continue this for a long time. Currently they are working with spreadsheet and after a complete scrutiny i will verify it from my side for a fair distribution. I personally wanna give thanks to xtraelv for his great support and others who keep their patience until now. Hope we will be able to resolve it very soon.
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The Cryptovator
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September 07, 2019, 03:09:00 PM |
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Seems OP & xtraelv trying their best to resolve issue about BQT/IOU. Since I was participant of their signature campaign so from my heart want that all bounty participants should be paid. Its true this process has been started due to open this thread I believe. And seems team friendly enough to resolve this issue. We can't deny that team has not scam with their investors. So I believe they will paid to bounty participants as well.
However, since a problem has been occurred so it will take a little bit time to get resolved. And I believe participants will wait until resolve issue. At least participants will get their payment.
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ScamViruS
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September 22, 2019, 09:40:20 AM |
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"We are also not pleased with the delays in distribution of bounty campaign and apologize it is taking longer than expected. However, we delivered fully on very expensive SIG campaign and will be delivering fairly on bounty side of it. We are currently performing final audits / verifications on bounty spreadsheets. We expect to distribute by mid September based on the audited spreadsheets and allow xtraelv to verify before distribution. We encourage everyone to take a look at the project achievements (some links were shared with talkstar and xtraelv and I hope will be shared on the thread). We appreciate everyone's patience and hope you follow the projects in the future as we have been putting 24/7 effort by top team to bring it live and adoption! Best to all! Eddie" Mid September already passed. Look like team not interested about bounty distribution. |
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The Cryptovator
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September 22, 2019, 10:04:22 AM |
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Mid September already passed. Look like team not interested about bounty distribution.
I see! I was almost forgot about that issue. Thanks for bump this thread. I was wondering @xtraelv and @Talkstar working on that since they have contact with team. But it's sad that even they have not bother to update thread. How we believe they are friendly enough with bounty hunter since no respond from them? It's their responsibility to convince bounty hunters. Hunters worked for project, not for manager. So project team should resolve issue when a problem has been accured. |
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TalkStar (OP)
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September 22, 2019, 10:19:20 AM |
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It is to notify everyone that BQT and IOU team have already sent their final spreadsheet to me. I am verifying both spreadsheets from my end. As you all know that there were lots of participant on their campaign and normally its not an easy task complete the proper scrutiny works just in one or two days. I am trying my best to figure out all the issues and continiously holding my conversation with the team for starting the distribution process as soon as possible.
After detecting all the issues i will handover final spreedsheets to them and hopefully they will reconsider all these things before starting their distribution.
I hope everyone will keep their patience until all the process complete smoothly.
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Lucius
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September 22, 2019, 11:08:02 AM |
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It is to notify everyone that BQT and IOU team have already sent their final spreadsheet to me. I am verifying both spreadsheets from my end. As you all know that there were lots of participant on their campaign and normally its not an easy task complete the proper scrutiny works just in one or two days. I am trying my best to figure out all the issues and continiously holding my conversation with the team for starting the distribution process as soon as possible.
After detecting all the issues i will handover final spreedsheets to them and hopefully they will reconsider all these things before starting their distribution.
I hope everyone will keep their patience until all the process complete smoothly.
That means bounty manager (Zapo) didn't do his job in the right way, or team does not believe in the correctness of what they had in their possession? I see no reason that something is checked three times (Zapo - BQT&IOU team - now you), and then probably them again. I think the most important thing is that in the end, everyone gets what they earned. But given the time that has already passed, the value of those tokens decreases with each new day. |
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Cracker563
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September 22, 2019, 04:20:37 PM |
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It is to notify everyone that BQT and IOU team have already sent their final spreadsheet to me. I am verifying both spreadsheets from my end. As you all know that there were lots of participant on their campaign and normally its not an easy task complete the proper scrutiny works just in one or two days. I am trying my best to figure out all the issues and continiously holding my conversation with the team for starting the distribution process as soon as possible.
After detecting all the issues i will handover final spreedsheets to them and hopefully they will reconsider all these things before starting their distribution.
I hope everyone will keep their patience until all the process complete smoothly.
Is it possible to see the final spreadsheet? so participants won't be underpaid... |
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Dugari
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September 23, 2019, 01:46:20 PM |
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According to the spreadsheet, I have to get 2352 BQTX for Facebook 184.8 BQTX for Twitter and 34 BQTX for Telegram. But received only 269.2 BQTX now.
Why? When will the rest be paid?
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Cracker563
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September 23, 2019, 02:16:58 PM |
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Can we get clarity about this distribution ? Because the telegram group for bounty , the Admins there Sonny and Chris said they don't know the task that was paid today .
Is that the total amount each participant will receive or should we expect other payments for other tasks.
Providing a spreadsheet will be best at this moment so everybody will know what is going on.
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Atang Sulaeman
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September 24, 2019, 05:43:48 AM |
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It seems like the new gift from Facebook has just been paid.
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BQTX Support
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September 24, 2019, 05:38:23 PM |
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Following up our conversation with Talkstar, we've decided to come set the record straight summarily.
About 20 BTC was paid to Zapo for the signature campaign and we got zero KPI off that. Similar results with the token bounty, and while we can still blame Zapo for not completing the data collection, the fact that the event was rife with scams and cheats.
We could have stuck to our guns - if we're playing by some hard set rules - about the bounty manager not delivering and let it die a natural death, after all, who's getting negged? It's the BM. The incomplete data was there alongside the numerous messages we sent that was never responded to.
But we didn't.
The management decided to rescue the situation and uphold its end of the bargain by taking on the extra financial responsibility of hiring auditors to complete and audit the sheet after months of waiting on Zapo to no avail. However, completing and auditing a bounty that ended almost six months prior proved to be a daunting task especially with bounty hunters shifting allegiance and the hard-nosed attitude of social media platform resulting in dead links and missing data. We also created a new telegram group to directly address participants, only to find out that out of the roughly 900+ members in the original group, only 100+ were actually "human".
With no measurable KPI and less than 10% of the deliverables promised, we had to critically evaluate the situation. Yes, hard work should be rewarded and goodwill fostered with the community. However, when community participation is rife with scams, cheats, and zero engagement, something has to give.
Yes, crypto has its own fair share of scams and cheats and the good work/goodwill of the community being exploited by nefarious actors. However, it seems most are overlooking the fact that we are also the victim here, sinking manpower and operational costs into doing right by the community.
And therein lies the problem. Doing right.
It will be unfair to not reward those who diligently took their time to support the project. However, we will not be empowering scammers and cheaters by giving them what they never sowed. Accountability works both ends and so does the responsibility. We took on the responsibility of accepting the fact that someone took us for a ride and we still have an obligation to fulfil to the community. However, the community too has to accept the fact that is was "one of their own too". Hence, the "meet-me-half-way" approach we've taken to resolving the situation.
We are now distributing tokens to those who passed the audit (and we're already getting "which exchange list" and "how much price" queries in. Awesome support). For the sake of sanity, we wouldn't be making the spreadsheet public (Talkstar and xtraelv have seen it though) because not everyone is going to make the cut and translating that into several languages 24/7 is beyond our abilities. However, if someone feels they can audit the original sheet, they are welcome to try. It's still in the bounty thread created by Zapo.
We recognize the fact that there's no marketing strategy that can trump community goodwill, hence the reason why we've implemented a 5-tier referral reward system that is based on the number of BQTX tokens held. We will also be rolling out other bonuses and engagements for those who have grown to become a part of our ecosystem.
Our purpose on this thread is to set the record straight. Yes, some blockchain startups have been less than honourable to bounty hunters and a few bad eggs have spoilt the basket. Is it possible that not everyone will be happy with this outcome? Yes, it's true. Sadly, this is the best we can do without committing seppuku.
We'd like to acknowledge the effort of Talkstar to stand up for the community and xtraelv for his mediation and willingness to hear us out. The community can certain do with more folks like you
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khaled0111
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September 24, 2019, 06:14:48 PM |
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Thank you TalkStar for starting this thread.
I participated in IOU bounty campaign a year ago and totally forgot about it.
One of the reasons for which I decided to stop participating in bounty campaigns is not getting paid and you never know whom to blame. BM tells you that he delivered the final spread sheet to project manager, and PM tells you that he didn't receive anything.
Anyway, I just want to confirm that I finally received my bounty reward.
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The Cryptovator
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September 24, 2019, 06:36:34 PM |
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About 20 BTC was paid to Zapo for the signature campaign and we got zero KPI off that. Similar results with the token bounty, and while we can still blame Zapo for not completing the data collection, the fact that the event was rife with scams and cheats. Thanks, eventually you have created your own account. That's not our business how much you have paid to Zapo. Your money you could spend it anywhere. It doesn't make any sense for us even you paid 100 BTC to zapo. your bounty budget was 500,000 BQTX and you should distribute it among the participants. That's all. The bounty budget is 500,000 BQTX (USD value: 250,000) and distribution is as goes: I don't think bounty budget has been decided by Zapo, obviously team is aware about budget. For the sake of sanity, we wouldn't be making the spreadsheet public (Talkstar and xtraelv have seen it though) because not everyone is going to make the cut and translating that into several languages 24/7 is beyond our abilities. However, if someone feels they can audit the original sheet, they are welcome to try. It's still in the bounty thread created by Zapo. You have to, your final spreadsheet should be on public. I am willing to see how much token has been distributed among participants. Also I am curious about your filtering of final spreadsheet. You should not hide it from public in order to fair distribution. |
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BQTX Support
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September 25, 2019, 07:41:58 AM |
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No intention to split hair, but apparently, startups are never the victim it seems. We relied on Zapo to interface with BTT community since he claimed it was his thing (and we've now realized that the faux air of mysticism his types tend to exude regarding BTT activities is basically bait and switch). Should anybody be held responsible? Zapo, of course. But then, who's going to hold him responsible?
Might as well argue that he's a product of this community and the activities of his kinds have greatly sullied the reputation (at least the outsider's perception) of what this place stands for. We've been made to understand that the community polices its own, but being a public forum, the policing can only go that far.
However, it kind of stings being told: "That's not our business how much you have paid Zapo...".
OK, we got dumped.
OK, we have nothing to show for it.
OK, we are trying to maintain our integrity by resolving the mess and paying the tokens allocated to those who upheld their end of the bargain too.
What is not OK, is we paying to accounts that have been flagged as scams or cheat.
We draw the line there.
The spreadsheet by Zapo is still accessible for anybody that feels they are capable of auditing it better.
If the community insist on making the audited sheet available, we will do so and explain the parameters involved. However, we do not have the bandwidth to answer why this person or that didn't make the list. Would have been easier for us to just jump ship, but it's best to be the change you want to see and there's no bigger change we want to see now more than crypto community going back to its roots of integrity.
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