BayAngelo (OP)
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February 29, 2020, 01:46:59 PM |
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Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW. The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.
the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
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Rodeo02
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February 29, 2020, 01:57:09 PM |
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Good idea ,however its hard to do it now its been a habbit since the beggining of ICO it will be harder for new project to follow that kind of rules.
Besides the thrend of ICO is ended you can see it in bounty section that only few project started thier own ICO . The better option for bounty is do it dual option paid tokens and paid the other half with bitcoin or eth.i remember there is project doing that before, so bounty hunters will never ending up nothing to recieve after the success of ICO.
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Balladtony77
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February 29, 2020, 01:57:47 PM |
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You have a good point but at the same time if every projects start paying before bounty it still doesn't stop the fact that those coins can be worthless or scam, you can get paid of a token or coin that won't be useful for anyone,
Secondly the moderators on this forum have enough jobs on their hands, that won't be a easy task for those who look after this forum, moderators are humans like us and not super humans
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Nadziratel
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February 29, 2020, 02:04:49 PM |
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Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW. The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.
the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
There were so many ideas about it here. A lot of people commented a lot about bounty tokens. And they all had one thing in common. No one realizes that the forum is an autonomous space. Just like you are now. This way, an audit, distribution and escrow job will not be officially provided by the forum. This never attracted the attention of forum management.
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watergold
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February 29, 2020, 02:09:03 PM |
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Actually this is a good suggestion but it is difficult to do because the rules will not be applied in this forum if there are really rules so there will be many bounty programs not in this forum but in their social media links or making their own platforms too much already done by many projects so I think this rule might not happen. If you want the project to succeed and a large dump does not occur, then the bounty payment must be paid with BTC or ETH, there will be many successful coins and will not die.
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shaheer001
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February 29, 2020, 02:22:20 PM |
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This is a good idea but the top Hero members must make the solution for such worst reaction by some successful project which has refused to pay bounties. I suggest we all bounty hunters make a telegram group when any successful project did not pay the bounty to the hunters then every hunter must share one post in all social media against the reputation of the project, But give warn first OR bound the ICO/IEO project to prefund the tokens to BTT moderator (there must be some incentive to moderator for this work) as proof and the moderator distribute those tokens to hunters as per the project rules and individual stakes.
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Kelvinid
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February 29, 2020, 02:28:10 PM |
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It only happens if BM handling the campaign will secure first the payment before it started ( just like a few managers) and been escrowed. But this never gives assurance of its future or its market value after the IEO/ICO is done. Though they receive their rewards but couldn't imagine how this project turns into shit and no value token in the market. It still meant nothing and all the efforts and time spent by the participants are still wasted.
It is nice to hear that the funds are escrowed already but having a scenario like this...still it gives you a doubts if this project is legit or not.
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bitkanu
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February 29, 2020, 02:30:20 PM |
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This has already discussed so many times in the past but the decision will be on the developer itself. So many times the hunters have already suggested the developer at least to deposit the tokens or native coins to the escrow but they are still refusing it. What we can do to hope if they can do that in the future.
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masterrex
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February 29, 2020, 02:43:58 PM |
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Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW. The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.
the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
It is a good suggestion but the problem is how it will be implemented, usually, bounty campaigns are just paid by its native tokens. until it's not listed yet it remains a useless token, if your suggestion was implemented it will be a solution to the problems of the bounty hunters. because nowadays more and more projects become so tricky by not following its own written rules like delaying bounty payments, adding requirements after the bounty was ended, things like that, etc. but in fairness to the honest bounty clients, I hope that your project will be prospered.
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Baofeng
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February 29, 2020, 02:58:41 PM |
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Of course, this is a good suggestions, but I think we have heard this before and up to know only few bounties have put some escrows to ensure that bounty hunters are going to be paid.
However, we all know that bounty hunting is like gambling on your end, you join some projects which we don't know if it going to be a success or not. And chances are, most of them didn't get their soft cap and in turn doesn't want to pay those bounty hunters. So it's really a choice for members here which bounty to join or whether they are willing to take that bit risk.
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Jating
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February 29, 2020, 03:02:19 PM |
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Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW. The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.
the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
I understand your ramblings, but if you look at bounties, the project doesn't have the funds initially, most of the time the project started from scratch when they announced it. So what are they going to escrows or where do the money should come when in the first place they don't have any. I understand our suggestions, but I don't think it will be effective for the 99% of the projects that we have right now.
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FairUser
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February 29, 2020, 03:06:41 PM |
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Well, if bounty accepts this rule then I believe we will never see any scam projects in this market. All bounty hunters will receive their money after completing the mission. But that is impossible because no new project will accept it. The scam and denial of payment will continue and continue in the future
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judeafante
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February 29, 2020, 03:09:31 PM |
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Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW. The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.
the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
That's a good idea but will the admins of this forum oblige to this kind of request, we really need to moderate this crowdfunding they are using this venue to scam and generate funding and they are all free to do whatever they want, glad that we have people good at exposing this scam project, I hope we have an escrow for all bounty rewards, there are too many bounties not given to bounty hunters in the past and until now.
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White Christmas
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February 29, 2020, 03:11:41 PM |
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Well, if bounty accepts this rule then I believe we will never see any scam projects in this market. All bounty hunters will receive their money after completing the mission. But that is impossible because no new project will accept it. The scam and denial of payment will continue and continue in the future
The thing is it would be hard time to find first a bounty campaign that will follow those kind of payment rules because as of no I can say that bounty is dead in which there are a lot of bounty out there but still no one cares to join it because they are traumatic on what happened way back then. If this policy will be implemented in which after the bounty hunters finish their job on promoting the project then they will already have the payment to their job and I can say that it really matters.
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watergold
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February 29, 2020, 03:13:22 PM |
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Well, if bounty accepts this rule then I believe we will never see any scam projects in this market. All bounty hunters will receive their money after completing the mission. But that is impossible because no new project will accept it. The scam and denial of payment will continue and continue in the future
Yeah surely there will be many who reject the rules like this fraudulent project will not want to use the rules of this forum so they will use what they want or use another platform. It seems like the bounties will be at peace if there are rules like this.
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PuertoLibre
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February 29, 2020, 03:16:58 PM |
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The implementation of this rule will save the time of bounty hunters but I doubt this suggestion will pass in this way. Some modifications are surely required, the $ worth is the main case here. No one will want to waste the valuable time for small bounty allocation, so it is all connected in circle. Breaking this chain doesn't look like possible in a single step.
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cytpoway121
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February 29, 2020, 03:19:38 PM |
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Will it be wise if this forum put up a request that ALL NEW PROJECTS EXPECTING TO RUN BOUNTIES SHOULD PAY A CERTAIN AMOUNT OF FUNDS BEFORE CONDUCTING ANY BOUNTY OR run an ESCROW. The fund will be use to settle hunters should incase project owners Refuse to pay hunters Or decides to play tricks with hunters payment after a successful bounty campaign. For over a long period, hunters has been crying and wailing about successful campaigns that has refused to make payment. there are new campaigns on-going and more projects will run bounty campaigns sooner or later. the issue of payment is still a lingering problem here with No solid profound solution. Apart from the fact that some projects has the ANN Thread labelled as SCAMS, it is still do not offer solutions to payments.
the idea above is just a suggestion.. we all hope that a perfect solution will solve this issue of projects refusing to settle hunters here and will promote this platform.
I do not know much as regards if the forum can do that. And that's why there are terms and conditions regarding payments on every ieo Bounties Join escrowed Bounties Dyor on unescrowed Bounties.
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BitcoinPanther
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February 29, 2020, 03:20:55 PM |
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Actually, I already have that in mind but I am still thinking how feasible it is. We should be thinking about how it will protect the Bounty Hunters' interest at the same time protecting the Project Team.
1. The Project Team should have a minimum allotment for individual insurance for the bounty hunter. 2. The Bounty Hunter should comply with the requirements given by the Project Team to claim the insurance tokens or coins.
There will be technicalities about how to claim the coins/tokens so there are no bogus accounts that can claim other's rewards. I think ESCROW and third party high reputable team should handle the said funds.
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serjent05
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February 29, 2020, 03:35:03 PM |
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I believe this all goes down to the campaign manager. The forum has nothing to do about the bounty campaign nor it runs it.
Bounty payments should be secured by the bounty manager. It should be one of his responsibility as the one who manages the campaign. The bounty manager can act as an escrow and at the same time the campaign manager and I see nothing wrong with that. It is for the interest of all the party, project owner removing themselves from the burden of bounty reward distribution, the campaign manager making sure that the participants are getting paid and participants were reassured that the payment is in an escrow hand.
This thing will only be difficult if the project owner has no intention of paying the bounty participants or the manager himself wanted to scam the participants.
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kaya11
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February 29, 2020, 03:42:16 PM |
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Maybe it is possible if this is pushed through and many hunters would support it. The only thing that bugs me is that of how much is the intitial payment of the hunters? Would it be bitcoins or eths or the likes? I know it will be little but it will give fuel for those who keep on hunting even just for pennies. This is a good idea because hunters of course would be tagged if they refused to their jobs given the initial payment is sent.
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