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Author Topic: Just a thought about bounties and bounty managers  (Read 428 times)
Callanta787
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December 03, 2019, 04:57:19 AM
 #61

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

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December 03, 2019, 05:07:09 AM
 #62

+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment?
Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through.

They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story.

 
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December 03, 2019, 05:07:47 AM
 #63

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
What's been mentioned is a must, but when the project team itself fails to pay the bounty managers then how come the participants will receive the bounties. There are lot of bounty managers who take responsibility of bounty transfer, but when the team fails nothing will be distributed. Here the project team moves on looking for the development of some other project. The bounty managers are the one who gets negative trust and bad reputation.

For this reason most of the bounty managers just serve as a moderator who looks after the campaign as well as submits regular reports to the project team. Rest will be between the participants and project team.




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December 03, 2019, 05:09:14 AM
 #64

Its left for the teams to decide if they are going to let the bounty manager distribute the tokens or not, sometimes new project find it hard to trust bounty managers that is why they do the distribution themselves

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December 03, 2019, 05:17:01 AM
 #65

+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment?
Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through.

They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story.
The reputations is in stake here, if the manager will be allowed to hold the fund and serve as the escrow it should be a person who have a good and solid reputation. Developers who choose this way needs to consider that every bounty hunters are looking for good securities of receiving the share that they should have after the bounty period was over. In good faith, it can serve as an assurance that bounty participants will receive the bounty rewards once the manager already holding the funds.

 
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December 03, 2019, 05:18:46 AM
 #66

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.

There were times when the bounty manager itself are the ones taking the tokens so it would be really hard for the team to trust them too, also bounty manager can easily get those tokens and can manipulate the sheet, so the team needs to handle the tokens, I won't agree that the manager will handle it, but still depends if the bounty manager is trusted like Yahoo then why not.

 
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December 03, 2019, 05:27:08 AM
 #67

+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment?
Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through.

They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story.
The reputations is in stake here, if the manager will be allowed to hold the fund and serve as the escrow it should be a person who have a good and solid reputation. Developers who choose this way needs to consider that every bounty hunters are looking for good securities of receiving the share that they should have after the bounty period was over. In good faith, it can serve as an assurance that bounty participants will receive the bounty rewards once the manager already holding the funds.
I agree with that but money is very hot, even if manager with good reputation can also be tempted to steal the money if it really involves a big amount.
I don't know how the team will manage to make sure the funds are secured and they their reputation are not accepted if the manager choose to steal the money. The normal trend in the market is that the team always holds the tokens and then they will just send it after the bounty program is over, however, if its possible to do it in a weekly basis, I think that would be a wise solution.




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December 03, 2019, 05:41:34 AM
 #68

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
In fact, most of the bounty managers don't take all their money to run away, there are very few cases like that. But the more unfortunate case is that I see more and more bounty managers getting scammed every day. they are like us, working for others and when that project goes wrong or is fraud, they will have 0 salary. I also did a small bounty campaign and unfortunately it was a scam project and I didn't have any money for 2 months serving them. so don't blame the bounty managers, they're victims as well as us.

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December 03, 2019, 06:04:09 AM
 #69

I think you misunderstood the job and the responsible of the bounty manager.
Bounty manager actually manages the whole campaign or the project itself. Selections of bounty hunters who will gonna promote the project, distribution of token rewards that the CEO gave to the manager.  The payment of the project always depends on the owner. They are just giving the trust to the manager. Well, that was my experience before as a bounty hunter.

Always select the best bounty manager to give you the benefit of the doubt. Some may forward the bounty hunters to the team itself after the promotions for the rewards but some may not and let the manager do it as well.

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December 03, 2019, 06:09:37 AM
 #70

What you're referring to is escrow of the bounty rewards and this isn't common practice amongst most bounty campaigns although it should be and you could request it up front when applying for a campaign if you had any concerns as this is one of the major issues bounty hunters face

 
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December 03, 2019, 06:11:01 AM
 #71

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
Sometimes the bounty managers to a good job handling the bounty campaign but end up as the owner itself do not pay the bounty managers and the bounty hunters,
The owner itself is the one who will be going to pay the bounty hunters the managers will just be sent the list of the eligible bounty hunters that will received the reward,
But still depends on the agreement of the bounty manager and the owner of the campaign itself.

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December 03, 2019, 06:33:29 AM
 #72

yeah, i also think that way. it would be better if the manager also helped in the distribution and more about the bounty. but, it's like escrow, and after all, I think the team still controls it. it's the same as a bountyhive site, or other bounty sites. they are trying to become an escrow for the part of the bounty project that they handle, but until now it seems that this has not been realized evenly on each bounty project.

 
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December 03, 2019, 06:53:24 AM
 #73

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

The problem here is that some manager dont often concern on the participants. Yes the project is indeed legit but somehow you can't force them to spend the tokens they promise right away to those who joined their campaign especially if the price of the token could somehow depleted in the future. I am so disappointed with these kind of projects which after some works rendered by hunters it seems they utmost concern is the liquidity alone of the project.

How about the efforts those who help them reached their stance? Manager should be helpful to them. Funny cause they are paid but its okay their reputation is on the line.

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December 03, 2019, 06:56:43 AM
 #74

I really liked the idea of having tokens for subsequent rewards at the disposal of well-known bounty managers on the forum. So the guarantee on the payouts are increased several times. Nobody of the local bounty manager would not risk his reputation and not to pay tokens. And now the distribution of tokens after the bounty is managed by people from the project team, who do not care about their reputation, so there are so many non-payments and cuts in payments.   

 
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December 03, 2019, 07:17:35 AM
 #75

I really liked the idea of having tokens for subsequent rewards at the disposal of well-known bounty managers on the forum. So the guarantee on the payouts are increased several times. Nobody of the local bounty manager would not risk his reputation and not to pay tokens. And now the distribution of tokens after the bounty is managed by people from the project team, who do not care about their reputation, so there are so many non-payments and cuts in payments.   
unfortunately the campaign manager only does their job by collecting data, and distribution matters are returned to the project team people who have access to the tokens. if only the manager could hold the payment fund for the participant, maybe the project would be pure

 
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December 03, 2019, 07:20:47 AM
 #76

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
If the bounty manager is trustworthy I want him to hold the tokens and he will be the one to distribute to bounty hunters, but sometimes, these projects are the one who manages the campaign, we just have to check if the project is legit, a legit project will not let jeopardize their campaign by not distributing bounties of their participants, it will ruin their reputation.



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December 03, 2019, 07:52:52 AM
 #77

Its better to always follow popular bounty managers then if you think its a bad idea for bounty managers to hold tokens but few bounty managers can be trusted, we know them because of their sincerity

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December 03, 2019, 10:44:58 AM
 #78

1. If bounty managers run then they cannot take a second job,,, so they have to open a new accounts with new identities, which will not even be looked at by campaigns.
2. The risk is always there on all ends but this is why the reputations of both managers and projects should be considered by bounty hunters.
3. New projects should do things themselves for full transparency I believe, or spend a lot on good managers.

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December 03, 2019, 03:21:50 PM
 #79



 +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

if the bounty manager holds all the tokens and he is the one who distributes the tokens to the participants who participated in the project, of course it will harm the project developer, because they could have carried off a number of tokens or they could have distributed tokens These are not in accordance with the amount that should have been obtained or they could have reported to the developer not in accordance with the number of people participating or arguably part of it was taken for themselves.

 
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December 03, 2019, 03:36:18 PM
 #80

I think you misunderstood the job and the responsible of the bounty manager.
Bounty manager actually manages the whole campaign or the project itself. Selections of bounty hunters who will gonna promote the project, distribution of token rewards that the CEO gave to the manager.  The payment of the project always depends on the owner. They are just giving the trust to the manager. Well, that was my experience before as a bounty hunter.

Always select the best bounty manager to give you the benefit of the doubt. Some may forward the bounty hunters to the team itself after the promotions for the rewards but some may not and let the manager do it as well.

Most of tokens rewads is distributed by the owner, not bounty managers
Like yobit, the rewards is distributed by yobit, Not Yahoo as bounty managers

You miss the main concern the OP post about why the bounty isnt paid. you dont talk about that

 
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