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Author Topic: BOUNTY PAYMENT MATTERS  (Read 1934 times)
Crypto_lion
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March 03, 2020, 12:52:49 PM
 #61

Definitely someone needs to come up with a escrow for each and every ico for the airdrop and bounty promised. To be fair I think there can be de centralised escrow service for all ico that are being conducted. That would be an awesome way to give trust on the project and also the bounty hunters.

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March 03, 2020, 01:48:42 PM
 #62

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.

I have been saying this for quite some time now, and unfortunately no one is willing to listen. Thousands (I'm not exaggerating) of bounties have scammed the participants and till now tens of thousands of bounty hunters have gone unpaid. Being a bounty hunter is the most unrewarding role in cryptocurrency market right now. I am glad that I am no longer doing any bounties. Had enough and made the exit in 2018.
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March 03, 2020, 01:51:08 PM
 #63

I think it's not so important, we should be concerned that those projects need to be listed at the exchange, and the prices don't fall. From there the bounty hunter can get some money after the campaign ends. We do not need to receive the worthless tokens because it will be of no benefit to hunters
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March 03, 2020, 02:02:54 PM
 #64

Your suggestion will protect the bounty hunters, however, it would not be possible as most of the projects that are running a bounty does rely only on what they can collect during the crowdsale, if BTC would be the payment, then probably we can make it possible, but most are paying their tokens or coins.

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March 03, 2020, 02:07:01 PM
 #65

Your suggestion will protect the bounty hunters, however, it would not be possible as most of the projects that are running a bounty does rely only on what they can collect during the crowdsale, if BTC would be the payment, then probably we can make it possible, but most are paying their tokens or coins.
Indeed, bounty projects don't really have enough funds to start their project that's why they are gathering funds by undergoing initial coin offering. That is the only time when they can start to make a progress of their project once they have collected enough funds, that is why it is impossible for them to require to provide money for the security of bounty hunters.
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March 03, 2020, 02:08:46 PM
 #66

Some managers do that.
One example is where I am joined at.
GeomaDao.
The manager is julerz12 which have the funds escrowed already into his account.
All of this depeends on the manager or the ICO company. The forum is not mandated to adjust with all of this payments.
Do it at your own risk.

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March 03, 2020, 02:15:31 PM
 #67

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 is a good idea. I joined bounties in the past years and some bounty payments were changed before the campaign ends. The sad thing is, it will be smaller. Of course participants will be disappointed especially if there are so many participants ( scammers or not ). Just wanna share to those who has no odea about this, active bounties in services that pays bitcoin are listed and always updated to be able to easily monitor which campaign is open, close, or paused, how much is the payment, etc.
It can be seen in https://bitcointalk.org/index.php?topic=615953.0

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March 03, 2020, 03:05:04 PM
 #68

Some managers do that.
One example is where I am joined at.
GeomaDao.
The manager is julerz12 which have the funds escrowed already into his account.
All of this depeends on the manager or the ICO company. The forum is not mandated to adjust with all of this payments.
Do it at your own risk.
if some person decides to participate in a bounty campaign, then he must always evaluate and accept all the risks that exist here. in our work, there is always a risk of being left without payment or getting paid after a very long time. I took part even in projects that were already on the coinmarketcap and carried out a bounty campaign and then simply did not pay people. one from such example is DEEX exchange.

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March 03, 2020, 03:47:09 PM
 #69

I strongly agree with the idea that you have about all new projects must pay first and run escrow, it can reduce the scam of a project and reduce the trick of not paying bounty hunters.
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March 03, 2020, 05:03:42 PM
 #70

Yeah, the best idea i think and it would be guaranteed payment for the bounty hunters. Definitely after this rules bounty will be changing but mostly the new projects will be oppose these rule. Even i think a lot of legit projects will go against in such rules. And payment should be stable coins likes BTC,ETH,USDT. But who guys will be escrow?               

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March 03, 2020, 05:27:03 PM
 #71

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
I really and totally agree with what you just said! I participated in a bounty around August 2018 and we were paid weekly but uptill now the coin remain a scam coin. I prefer to participate in a bounty that last very long but at the end I benefit from it as I have do from bounty in the past. However I see all this as luck becouse some of the project we thought are genuine are scam and most time it is at the end of the campaign that we discover this.
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March 03, 2020, 07:29:28 PM
 #72

I really and totally agree with what you just said! I participated in a bounty around August 2018 and we were paid weekly but uptill now the coin remain a scam coin. I prefer to participate in a bounty that last very long but at the end I benefit from it as I have do from bounty in the past. However I see all this as luck becouse some of the project we thought are genuine are scam and most time it is at the end of the campaign that we discover this.
I prefer to get paid even though the price of the token dropped dramatically or did not enter the exchange market, than I did not receive the payment, while the token from the project that cheated me turned out to have a high price on the exchange.
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March 03, 2020, 07:57:32 PM
 #73

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.

As mush as your idea may sound good, I don't think forum pays much attention to non btc paying campaigns, hunters should do their necessary research especially when you are doing alts campaign and make their own decisions base on the bounty you want to join,
Too many project are screwing hunters over too many times now, all we can do is try to be careful and only do bounty from trusted bm.
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March 03, 2020, 08:23:27 PM
 #74

I see that more and more new bounty campaigns run only social media campaigns and bitcointalk signatures campaign are excluded from the lists. I am thinking why? Maybe the number of users here decreased? But it doesn´t make a sense. Where else you would find a focused audience than on this forum? Twitter, Facebook, Linkedins are now full of bots and fake profiles and bounty managers know it and despite it they do no make any changes.

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March 03, 2020, 08:25:52 PM
 #75

Your suggestion will protect the bounty hunters, however, it would not be possible as most of the projects that are running a bounty does rely only on what they can collect during the crowdsale, if BTC would be the payment, then probably we can make it possible, but most are paying their tokens or coins.
Indeed, bounty projects don't really have enough funds to start their project that's why they are gathering funds by undergoing initial coin offering. That is the only time when they can start to make a progress of their project once they have collected enough funds, that is why it is impossible for them to require to provide money for the security of bounty hunters.

yes i totally agree but this problem can be solved by not asking for money but asking for their time to pitch their project and get votes :
if they get the minimum votes they can list their project in bounty section only high rank members are allowed to vote this would be our own community voting listing. And voting doesn't require any extra work on the developers part all of these features are already in place.

 Members can ask all the right questions upfront before voting as this way  they can judge if the project team  is actually capable of making something as good as they claim in their whitepapers. This can be optional as well but the projects which pass through this procedure may get a badge on the bounty as verified.  
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March 03, 2020, 08:50:04 PM
 #76

It's not even a new idea, people has been offered and discussed about this escrow thingy for several years yet new projects are so stubborn with their rules and regulation to actually release the bounty payments to escrow.

I think by actually saving the pool to escrow makes the project become more well known and could bring more investors because the funds are actually safe and you don't need to be afraid for not getting paid(how much is the reward is not a case here that's a different story)>

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March 03, 2020, 09:23:17 PM
 #77

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 idea to be serious because you are right that payments have become an issue ever since in every bounty campaign for the case that there are some that does not pay even after the span of promotion time has been done leaving the bounty hunters set aside without pay. But the concern to raise up an awareness to the moderators of this forum of putting up the phrases you have said seems to be impossible since they are just maintaining that everything is going smooth. The issue seems to be bounded between the team behind the project and the investors as well as the bounty hunters so whatever happens inside will just be the concern of those parties inside it. Also, it will be hard for that policy to be made into action since a project promotion is being done to raise awareness for potential investors to come and project developers might be against such policy due to their own reasoning. Although we are all concern about such thing of payment, it will be real hard for the idea to be made into reality. But there are already existing projects having escrow so if you do want to assure payments, then better be looking for such projects having that element.

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gundala
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March 03, 2020, 10:30:03 PM
 #78

That's one solution, bounty that guarantees payment by escrow usually attracts greater interest. But that's actually not the final target, because even though using Escrow, there are no further steps for listing on the exchange also become in vain, right?
Overall, this drama has always had a domino effect and developers have always argued that they have the right to make cuts, delays, and lock rewards for bounty hunters in anticipation of a big dump. Oh, that's big bulls*it. If dev is worried about that, then it's best to give a BTC or ETH reward from the start, it's safer to keep the dump from the bounty hunter as expected.

The rest, as bounty hunters we must be prepared with all the risks, the worst is not paid, and our hard work ends in vain. Once again, that's a risk, friend.

Kasabus
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March 03, 2020, 10:31:26 PM
 #79

It's not even a new idea, people has been offered and discussed about this escrow thingy for several years yet new projects are so stubborn with their rules and regulation to actually release the bounty payments to escrow.

I think by actually saving the pool to escrow makes the project become more well known and could bring more investors because the funds are actually safe and you don't need to be afraid for not getting paid(how much is the reward is not a case here that's a different story)>
This is a good suggestion though it has been discussed already in the previous years and up to now still nothing happens. I think it's our initiative already which bounty campaigns to join so we should make a thorough research about the project before participating in it. If the project fails and refuse to pay us, we have nothing to do but find another potential project again.

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chennappa121
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March 03, 2020, 10:46:58 PM
 #80

It's not even a new idea, people has been offered and discussed about this escrow thingy for several years yet new projects are so stubborn with their rules and regulation to actually release the bounty payments to escrow.

I think by actually saving the pool to escrow makes the project become more well known and could bring more investors because the funds are actually safe and you don't need to be afraid for not getting paid(how much is the reward is not a case here that's a different story)>
This is a good suggestion though it has been discussed already in the previous years and up to now still nothing happens. I think it's our initiative already which bounty campaigns to join so we should make a thorough research about the project before participating in it. If the project fails and refuse to pay us, we have nothing to do but find another potential project again.

Yes the number of fails projects are increasing day by day and they are refused to pay for bounty hunters rewards.and it costs a lot of our time and hard work has been wasted so better to get a payment with weekly bases in any good coins like btc or any other altcoins.

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