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Author Topic: BOUNTY PAYMENT MATTERS  (Read 1934 times)
qomariah95
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August 01, 2020, 10:51:34 AM
 #281

Because payments are late or even participants are not paid. It is a common thing for us, because that is very difficult to find projects that do bounty campaigns, the payment is certain. That's why I prefer to look for bounty campaigns whose allocation uses Escrow or also see well-known bounty managers. So there is hope for us to get payment.

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August 01, 2020, 12:52:41 PM
 #282

Escrow and Bounty managers play a vital role for me before choosing a project, I participated some project who lacks Bounty Manager most of them end up of non payment. But still some project where I joined with Bounty managers turned as scam or nonpayment. I guess it really depends on the market force and how much they collect from ICO or IEO, they cant pay if they dont have the fund to pay.

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August 01, 2020, 01:11:07 PM
 #283

This forum can't be a 3rd party place to verify if a bounty project has paid a certain amount of funds or escrow. No mod or staff want to take up the responsibility for that kind of job. There is the bounty manager but there are the good ones and the bad ones too. If the bad manager cahoots with the scam project and tells you he did receive the fund but he didn't, what will you do? That why don't join any bounty project without any check up the team, the bounty manager, the funds,...
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August 01, 2020, 01:13:45 PM
 #284

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.

The problem is that no one will do the things you stated in the above mate. Of course each project owner of the campaign their priority
is to collect fund before they give the rewards to each participants who will gonna help them to promote their project here in this field industry. So, this is a matter of trust and believed for the bounty hunters that's why there is risk always for every bounty hunters.
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August 01, 2020, 02:23:30 PM
 #285

I mean, escrow is as perfect solution to secure bounty payments as it gets, but on the other hand, if a project is early in its development and did not run its token sale yet, what can stop them to simply change the contract of the token after the bounty to avoid paying bounty participants. It would definitely damage their reputation, but if their intention from the beginning is to scam bounty hunters, they are screwed, escrow or not.
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August 01, 2020, 02:38:11 PM
 #286

Because payments are late or even participants are not paid. It is a common thing for us, because that is very difficult to find projects that do bounty campaigns, the payment is certain. That's why I prefer to look for bounty campaigns whose allocation uses Escrow or also see well-known bounty managers. So there is hope for us to get payment.

Either campaign Manager or escrow are major things for which one might be looking at because this would sort of ensure them that the payment would be done. Then it is the luck and research that how the coins get listed or what is the future value and how long it can go and sustain it. Though not all projects are worth investing or promoting it. So, needs to be careful about it.

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August 01, 2020, 02:45:26 PM
 #287

Escrow and Bounty managers play a vital role for me before choosing a project, I participated some project who lacks Bounty Manager most of them end up of non payment. But still some project where I joined with Bounty managers turned as scam or nonpayment. I guess it really depends on the market force and how much they collect from ICO or IEO, they cant pay if they dont have the fund to pay.

We won't get payments from the company based on the funds they collected in IEO, even some companies will scam their bounty participants even after collecting a good amount of fund during their IEO but failed to deliver the payments for the bounty participants.
Bounty Hunter likes to gamble if you choose the current project. indeed not many pay even with IEO many who scam and do not pay campaign participants. We have seen it a lot, not many IEO projects are successful with sales.

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August 01, 2020, 03:06:17 PM
 #288

I think this is a good idea. It looks like a guarantee for bounty hunter. Lets say this idea really happen i think small project will get a smaller chance to survive. I mean they on early stage of development they dont have money to advertise their project.
if all bounties are like that, there will be lots of good bounties from good projects that will come here,
of course that's good news for us, hopefully someday it will be like that

Well, many can dream all they want about the ramblings of the OP. But let's get this straight. If you look at the nature of the bounties, these are like crowdfunding projects, many and I mean so many of them starts from scratch without any money when they first announced the bounty.  So my question now is, how will they be able to do escrow, and where will they get the money before the bounty if there is no money to begin with? Also, entering a bounty campaign is like the lotto, you don't know if the project will become successful or not, you can never tell and the developers won't too. If it becomes successful then you will become a happy camper, if not then good luck the next try. I got it where they are coming from when they discuss matters such as these, but it is not effective for nearly all of the bounties that happened and will happen.

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August 01, 2020, 03:09:53 PM
 #289

I think the issue of compelling projects to make a deposit for the smooth running of bounty program Inorder to avoid the issue of disappointment on the part of the hunters can be emphasised by the bounty manager. I know some bounty manager that guarantees the payment for bounty hunters.
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August 01, 2020, 03:20:04 PM
 #290

I think this is a good idea. It looks like a guarantee for bounty hunter. Lets say this idea really happen i think small project will get a smaller chance to survive. I mean they on early stage of development they dont have money to advertise their project.
if all bounties are like that, there will be lots of good bounties from good projects that will come here,
of course that's good news for us, hopefully someday it will be like that
I don't think there are bounty campaigns that can be like that anymore because I see that there are not too many bounty campaigns now that can provide a lot of results because there are already few projects that are developing so in my opinion it's better to try to look for work besides becoming a bounty hunter.
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August 01, 2020, 03:25:44 PM
 #291

The use of Escrow is a great option to prevent the issue of unpaid reward. Labelling the project as scam for not paying bounty hunters may not have a significant adverse effect on the project and doesn't add anything to the bounty hunters who are only interested in getting paid.
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August 01, 2020, 03:31:00 PM
 #292

Seems to be a good idea for the bounty hunters to avoid scams here in the forum by the bounty projects.

But I think a lot of projects is not gonna agree with this, but maybe if they have a good capital they could somehow pay some amount for insurance of the bounty, so that bounty hunters would still get a certain amount of money even if the project is not successful of even if the project fails.

There are a lot of suggestions about bounty projects scam but I guess it is not moderated so forum do not really do actions about it.

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August 01, 2020, 03:36:40 PM
 #293

I think the issue of compelling projects to make a deposit for the smooth running of bounty program In order to avoid the issue of disappointment on the part of the hunters can be emphasised by the bounty manager.

If the developers can provide the allocated amount of rewards in the hands of escrow or with bounty manager itself,
it's serves as an assurance to the campaign participants that they'll be
able to receive the promise rewards.

I know some bounty manager that guarantees the payment for bounty hunters.

Some managers are wise enough not to let their names being sacrifice so they'll make sure that the tokens
are in safe hands before accepting the
project.
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August 01, 2020, 03:46:22 PM
 #294

I think we're nearly there, similar to your idea about mandatory for bounty project to use a middle man as bounty manager or escrow (Detective group, trusted name in bounty managers). People view at new bounty project that doesn't use the above is very cautious.
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August 01, 2020, 08:31:00 PM
 #295

payment of bounty rewards to bounty hunters is always a problem . After they are done shilling projects and developers make profits they turn around to regard bounty hunters as beggars who are looking for free token . at this point they forget that those bounty hunters bought data , charge their phones and use their time to promote their projects.

Like you said , i like what some bounty managers are beginning to do now , by making sure they collect bounty rewards form team before inviting hunters to join and promote the project.

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August 01, 2020, 08:59:48 PM
 #296

Nice one mate, I love the suggestion,the torture on bounty hunters is becoming so frustrating,after promoting, no payment, hunters will keep asking when payment, reason why the bounty project should be escrowed,atleast bounty detective does that now. Coins should be escrowed with native token or stable coin.

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August 01, 2020, 09:56:21 PM
 #297

The best is hiring the tokens to the bounty manager so as to avoid not paying when the bounty finally turns out food as many projects prefers postponing bounty and ends up paying when price is nothing to hunters or when they are about shutting down and some would keep procastinating forever. Best is for bounty managers to always collect coins and distribute as promise.
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August 01, 2020, 10:50:13 PM
 #298

Very brilliant idea, friend.  During this time there are often delays in the distribution of tokens to bounty participants so that bounty participants always become the injured party.  Hopefully managers can enforce rules like this when accepting jobs from crypto projects who want to open a bounty.
I don't think it's the fault of the bounty manager because sometimes there are projects that have given tokens or bitcoins specifically allocated to bounty campaign participants, and only those who have escrowed with the bounty manager will make payments on time, otherwise the bounty manager will provide a copy of the spreadsheet to the team from the project to immediately process the payment.
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August 07, 2020, 05:50:27 AM
 #299

the idea is very good, but in my opinion it is very difficult to implement, especially for the project owner. They certainly do not know whether the project will be successful or not by paying for the bounty. It would be better if the payment was made using stable coins such as BTC or ETH. But I see that lately there are a lot of bounties that are not paid even though the project is successful, even though it will definitely be paid late. even worse if the project is scam..

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August 07, 2020, 05:52:11 AM
 #300

Escrow will work better for this situation or rather find a capable bounty manager who always make payment to his fellow bounty hunters like bubbalex, people like bubbalex don't need escrow because they always make sure that bounty hunters get paid.

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