Just a thought about bounties and bounty managers

[valuater]

I think it's a bit true that it causes bounty hunters not to receive their rewards, but in the past I often saw several bounty managers escort rewards for bounty participants and the surprise happened because bounty manager corrupted by manipulating spreadsheets as if it were a participant's account even though it was is a fake account created by them and from there they took a lot of profit and the great thing was that it was an altseason so I think they got hundreds of thousands of dollars easily, and because of this I think we go back to old tradition of waiting for the team of project to share rewards but I think if we choose the right project we will still get paid.

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[ned.ryerson]

the most important thing is that the bounty manager also receives a reward in the tokens of his project. in this case, he will also be interested in the project living and developing

[asus09]

I think it's a bit true that it causes bounty hunters not to receive their rewards, but in the past I often saw several bounty managers escort rewards for bounty participants and the surprise happened because bounty manager corrupted by manipulating spreadsheets as if it were a participant's account even though it was is a fake account created by them and from there they took a lot of profit and the great thing was that it was an altseason so I think they got hundreds of thousands of dollars easily, and because of this I think we go back to old tradition of waiting for the team of project to share rewards but I think if we choose the right project we will still get paid.

Many bounty campaign manager can't believe with their project after ICO success and have distributed reward for bounty campaign participants, I found one bounty campaign manager always delay distributing bounty reward more than three months after bounty campaign ended, from finishing spreadsheet take more than one month until distributed coin always delay.

[johnwest]

Its not that simple as you feel, there are allot of factors which play in between a team and a bounty manager. An escrow might help interfacing everything with a neutral perspective but these practices will need more investment which the companies wont like to pay. There are some very good managers like Yahoo who are transparent and answer most of the queries.

[kodtycoon]

correct, most of the bounty managers only do a calculation and monitor the participants, but most of the events that exist are to always use escrow but many projects do not agree with these rules so they will only hire bounty managers who have no reputation in the forum. so to anticipate being hit by a scam project is about seeing who the manager is and whether the funds or prizes have been saved in escrow or not, so at least the bounty participants will be comfortable and no longer need to bother researching every existing project

[enhu]

I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

It was already done in the past but the project turned out to be a scam, while the tokens are worthless after it. I wasn't even added to the exchange so the cycle of all these scams are still going on up to this day.

Bounty hunters will start to trust when there is someone who will serve as escrow but then tokens are still going to be worthless when its not on the exchange. This is why its best for them to just pay BTC or ETH.

[landoffaucets]

I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

Yes, but also reputable bounty manager is not a warranty that you will receive your tokens.
Also in last days I do not see problem that tokens are not paid to bounty hunters, but the problem is that the tokens do not have value.

[Pearls Before Swine]

I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

I don't know exactly what you meant by that, but I'm pretty sure that's what they do.  What the projects *don't* do is, one, pay in bitcoin or Eth and two, put funds into escrow before the bounty starts.  I think that's why so many bounty hunters get scammed. 

If they didn't pay in tokens, the project owners would be able to escrow funds and thus ensure that the hunters got paid and there wouldn't be reason to worry.  As it stands, the bounty hunters do all of this work on spec, all up front, and then they hope they get paid in the end.  That's one of the big issues.  These bounties aren't run like typical signature campaigns that you see in the services section.  I don't think I've ever seen any of those scam their participants at the end of the campaign.  They usually get paid weekly as well.

[duuuuude]

Your point makes sense but if the bounty manager himself or herself can't be trusted there will be issues as well, to me both bounty manager and project team can fail to pay hunters, so instead i suggest to always promote projects from reliable bounty managers

No matter how reliable the managers are now, they will not be able to change the situation on the market. In general a manager is only a hired employee who does his job and only counting and distributing tokens depends on him.

[seleme]

The arrangement between the bounty managers and the team is the point here, they never want to use the escrow for holding the campaign budget. If there was an escrow, the delaying bounty distributions shouldn't happen in the first place. The changing variables are more in the bounty campaign allocations which can be reduced or increased depending on the market conditions.

[Hamphser]

Your point makes sense but if the bounty manager himself or herself can't be trusted there will be issues as well, to me both bounty manager and project team can fail to pay hunters, so instead i suggest to always promote projects from reliable bounty managers

No matter how reliable the managers are now, they will not be able to change the situation on the market. In general a manager is only a hired employee who does his job and only counting and distributing tokens depends on him.

As far as i know there are reliable bounty managers that you can trust immediately once he/she handles the campaign. Some bounty manager will tell to the participants right away if the said bounty campaign is planning to scam the participants. Only few bounty/campaign manager can be trusted here and the rest are still trying.

[biddicoin]

So, How if the bounty managers turn to scam the dev and bounty hunter?
if bounty managers hold the tokens, it would be risky for stakeholder (dev, investor, bounty hunters)

That's why bounty managers dont hold the tokens. isnt it logic?

The big problem why bounty hunter doesnt get paid is about 'dev scamming' and 'dont get good investment'

[vanya.pronin.1983]

Generally speaking you are right, but I have met enough bounty managers that just scammed hunters after the end. Furthermore, not all bounty projects are managed by famous managers on this forum, a lot of bounties are held by their teams.

[tenakha]

Yes, but also reputable bounty manager is not a warranty that you will receive your tokens.

I do not think so. Reputable BMs are not stupid enough to sell the trust they have collected over the years for a few bucks. In addition, they always know how to do their jobs well and not trust anyone. Therefore, they request that the sufficient amount be kept in escrow.

Generally speaking you are right, but I have met enough bounty managers that just scammed hunters after the end. Furthermore, not all bounty projects are managed by famous managers on this forum, a lot of bounties are held by their teams.

It is possible to face all kinds of BM in this forum, even one of the project developers can manage the bounty. It is good to stay with the reliable ones, they essentially work with good projects and they are safe enough.

[cytpoway121]

I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

For me I think it doesn’t really matter
Any project that will pay will do so either with an escrow or not

Sending rewards to escrow or bounty manager is not the way out
Because the token could be swapped after or before sales

The best way is to follow the right project and the right pattern of payment after work happens naturally

[Finestream]

+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

I am alright with this suggestion as long as the bounty manager who holds is reputable or we can hire the service of a reputable escrow here.

But, with only few number of bounty managers that pass in my definition of reputable, I doubt the team would allow that to happen, because if bounty manager will scam, it would still affect their reputation badly, and remember that the total reward is a big amount ranging from $100K to $1M value in tokens or coins.

[htsy585]

It actually depends on the arrangement between the bounty manager and the team. Some projects bounty are distributed by the manager and sometimes managers are only responsible on keeping track and submitting the spread sheet to the team for distribution.

I still think its wrong. Whatever the arrangement is with the Project team. It only shows that the bounty manager is incapable and lacks eptitutde. Bounty0x has exhibited such ugly attitudes in the past and hunters hate them for it. Actually, they suffer distrust and credibility issues at the moment because hunters have lost confidence in them

[Maslate]

I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

For me I think it doesn’t really matter
Any project that will pay will do so either with an escrow or not

Sending rewards to escrow or bounty manager is not the way out
Because the token could be swapped after or before sales

The best way is to follow the right project and the right pattern of payment after work happens naturally

Whatever it is, once the bounty hunters have received their equal shares from the bounty project, it will always give credits to the bounty manager as a responsible and a reputable one. I think a bounty manager should always be a responsible one so that the bounty project he is handling will end up as a successful one.

[owengtam09]

I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?

 +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends

Avoid these and teams might decide not to pay or send out half payments to half of the hunters, it should be more like how IEO is where exchange stands between investors and team

I think it still depends on their arrangement and agreement of each other. Some bounty ends up unsuccessful so it ends up nothing but sometimes ends up successful too so it depends unless that newly open bounty campaign might have a previous campaign and reopen to make another project and profits as well maybe that is the time that a Manager of that bounty can hold the payments.

[Callanta787]

1. Bounty managers can run away with the total tokens
2. They can't be both trusted this is part of the risks bounty hunter must consider
3. New projects should seek out for highly rated bounty managers on this forum, they will have to come to an agreement or just avoid the headache and start following good bounty managers