Bounty Managers and Shit projects

[Zeke_23]

To wrap it up, a bounty manager once told me when I called his attention to some unrealistic plans of the project he was managing, he said he is not concerned about the success of the project, once he gets his weekly payment from the team. I want to know if there are some levels of punishment for bounty managers that manage unworthy projects apart from negative trust?

A lot of bounty managers are really like that, they don't investigate and they are not concerned about how the project will go as long as they get their payment. Especially those unreputable bounty managers that suddenly pop out their name managing a certain campaign, they most likely accepted the project for the sake of money and nothing else.

Unfortunstely, there is no punishment for them aside from negative trust. That's also why it is better to participate only to projects handled by reputable bounty managers.

[BlackFor3st]

It's no more news that many of us would have had some horrible experiences participating in some resources wasting projects. However, my opinion is that, do bounty managers just accept hook line and sinker to manage bounty campaigns for any project without taking some time to look at the prospects of such project?  

I think there should be some experienced members of this forum apart from moderators (because moderators' works might be too enormous) that should be in charge of reviewing projects before bounty managers are allowed to create bounty and/or announcement threads for such projects.  If this can be done effectively, I think the advent of these unworthy projects can be mitigated.

To wrap it up, a bounty manager once told me when I called his attention to some unrealistic plans of the project he was managing, he said he is not concerned about the success of the project, once he gets his weekly payment from the team. I want to know if there are some levels of punishment for bounty managers that manage unworthy projects apart from negative trust?

The idea is pretty good but being a bounty manager is not easy especially in checking whether the background of the project that you are going to launch is trustworthy or not while not hurting the project owner. Bounty manager works because they are paid for their works, meaning they are not affiliated with the project team so they didn't care whether the project will succeed or not as long as they will be paid by their works.

It is good and in the same time it will hurt the community of bounty hunters. But as a bounty hunter, we should also consider different aspects before we will force any bounty manager to triple check the credibility of any project that they are going to launch because if they will be more strict about it then their customers or project owners will just transfer to other bounty manager in which they are losing their job for the sake of the bounty hunters.

So the responsibility will lie to us as a bounty hunter, we should support only the project that we think have the potential and discard all those shit projects.

[danherbias07]

To wrap it up, a bounty manager once told me when I called his attention to some unrealistic plans of the project he was managing, he said he is not concerned about the success of the project, once he gets his weekly payment from the team. I want to know if there are some levels of punishment for bounty managers that manage unworthy projects apart from negative trust?

Look, there is no assurance into what will happen with the ICO.
Do you know what investors are thinking?
Even if they put hard work into marketing the project into different sources there is still a chance it could fail.

So, why would you put the blame with the manager?
He is not in fault here. He just managed the people who are joining to support the ICO.
It is also our job to spread the word. (Go! GeomaDao!) That way, we are increasing the chance to be paid in a better amount.

Try putting yourself in their position too.
But they will need to clean up the mess if bounty participants are making duplicates or any mess.
That is their job now.

[taufik123]

-snip- I accepted very good projects that turned out to be bad in the end (team dissapears, or they refuse to pay out the bounty to hunters, etc..).

This is a problem that threatens the reputation of a good and competent manager in managing a bounty campaign. The project was initially fine and then turned into a scam project that did not pay bounty hunters.

Although many projects eventually become scams and do not pay bounty hunters, as a Bounty Manager must mediate with the developer and if there is no response, action is needed to announce that the project is a scam and lock thread to maintain the good name of the bounty manager.

I believe in you and you are one of my favorite bounty managers, I have participated in many bounty campaigns that you manage.

In the end, it's every hunters choice if he wants to take the risk and participate.

bounty hunter really must be prepared with various kinds of risks that occur, that must be emphasized. Bounty hunter must also be smart in choosing the campaign that will be done.

the risk of not being paid will definitely occur, even campaigns that have already been paid for are not necessarily guaranteed if the campaign is successful, due to constrained exchange that is not yet available or not yet listed on any exchange.

[minairia3]

he said he is not concerned about the success of the project, once he gets his weekly payment from the team. I want to know if there are some levels of punishment for bounty managers that manage unworthy projects apart from negative trust?

This atittude makes some manager here gain a lot of haters. Many managers actually doing this kind and obviously what are they doing is only for money. Forum doesnt tolerate scam projects so likely aside from the negative trust will be given to that manager, he will lose credibility and gain some participants on his future campaigns and will end up his task as a manager.

But of course there are some instances that the manager also got fooled by a project so that's why some reputable manager got neg trust but this is due to their negligence too to research first what they are handling.

[TanakabZX]

I believe a bounty manager can get penalized if he/she doesn't care to take a good look at the project before promoting, if a bounty manager introduced many fake project he or she can easily get tagged with red trust just like what happened to 'kakatua bounty manager' who promotes fake projects

[shoreno]

so bounty managers are only being paid weekly with established coins ? while the rest of the participants are going to wait for 3 months to get a coin that is unpredictable ? i think that was unfair  . bounty hunters work are much harder because they need to post while managers only work on a single day for counting posts and they still being paid succesfully with decent amount. many bounty managers recieve a negative trust before for promoting scam projects but those are not enough because there are still low quality bounties that being produced from time to time .

[gensol]

I think that at this point the blame game should be shifted from bounty managers to hunters as well. A bounty manager might do his due deligence with a project which will not show any red flags just for the project to scam at the end. I took part in RachelX project which looked so real with an offline office location but at the end it was a scam. Most projects come like the Greek gift looking all good and bad at the end. Everyone should investigate before joining a campaign.

[maxreish]

There are still few bounty managers here  who are reputable and has a good image managing such projects. I believe before accepting such a project they are doing some serious research about it, it is obvious that if a wasted and scam project was being managed by a member here, her/his name can be dragged by negative image.
 
 Though, we can't blame other manager who only accept "any" or "shady" projects in return of money. But their reputation is at risk if the projects turns to be scam or useless. I do hope, they should be wise selecting the right project.

[DabsPoorVersion]

so bounty managers are only being paid weekly with established coins ? while the rest of the participants are going to wait for 3 months to get a coin that is unpredictable ? i think that was unfair  . bounty hunters work are much harder because they need to post while managers only work on a single day for counting posts and they still being paid succesfully with decent amount. many bounty managers recieve a negative trust before for promoting scam projects but those are not enough because there are still low quality bounties that being produced from time to time .

Yes, there are instances that bounty managers are getting paid in advance for their work managing the campaign.

Even if you think that it is unfair, that is how it really works. They are the one who are assigned to manage the campaign. And FYI, counting posts is not the only job they have, of course they also need to do things as there are problems that might occur regarding the project, they are the one that serves as a channel to spread the updates of the project.

[aioc]

 

I think there should be some experienced members of this forum apart from moderators (because moderators' works might be too enormous) that should be in charge of reviewing projects before bounty managers are allowed to create bounty and/or announcement threads for such projects.  If this can be done effectively, I think the advent of these unworthy projects can be mitigated.

You cannot impose an obligation to moderators and members of this forum it's not their duty, you don't use the word should when asking something for free, it's up to every one of us to do their own research and they opted to share their findings to members but they are not obligated to do so, and merit and thank them for doing so,

[RealMalatesta]

There actually are a number of bounty managers but only few are trusted. I can't say about those whole number of bounty managers but those who are trusted and in the markets since long time only launch genuine bounty projects which are even paid at the end. Launching a bounty campaign for a scam project might lead to get negative feedback from trusted members so mostly we could see such scam bounty projects to be launched from newbie or copper member accounts.

I personally only trust bounty campaigns which are been managed by trusted managers and also I do get some time from my schedule to make some basic research about the project I would be joining in.

[Sebas.tian]

I for personal wouldn't blame any bounty manager because, they're giving the project on the ground that;  they look at the project legit. Most of these projects that failed were not the fault of the bounty managers rather from the project team. Many project were created with the aims to scam investors out of their funds, they always keep this secret away from the managers who  want to promote their project.

The blame should go to the hunters, who on their own cannot Carry out a simple research into that project they want to promote. I have long time abandoned bounty because of what happened to me backed in my early days on cryptocurrency. Although nobody is perfect but there are some scam projects we can avoid by simple research.

[Nolimitz84]

It's no more news that many of us would have had some horrible experiences participating in some resources wasting projects. However, my opinion is that, do bounty managers just accept hook line and sinker to manage bounty campaigns for any project without taking some time to look at the prospects of such project? 

I think there should be some experienced members of this forum apart from moderators (because moderators' works might be too enormous) that should be in charge of reviewing projects before bounty managers are allowed to create bounty and announcement threads for such projects.  If this can be done effectively, I think the advent of these unworthy projects can be mitigated.

To wrap it up, a bounty manager once told me when I called his attention to some unrealistic plans of the project he was managing, he said he is not concerned about the success of the project, once he gets his weekly payment from the team. I want to know if there are some levels of punishment for bounty managers that manage unworthy projects apart from negative trust?

While I totally agree that not every project should be accepted by bounty managers, there's always some "guy" who will take it just because he has nothing better to do.
Over the past 3 years, I've declined tons of shit projects because they smelled of old fish from the start. Then again, I accepted very good projects that turned out to be bad in the end (team dissapears, or they refuse to pay out the bounty to hunters, etc..).

In the end, it's every hunters choice if he wants to take the risk and participate.

I agree with you.It is not always possible for a bounty Manager to calculate the risks regarding the competence of the company that conducts the bounty.In this matter, I still think it is not necessary to shift all the blame to the bounty Manager.

[inanilujimi]

There have been too many tread complaints for bounty participants that I have seen so far, but have not yet found a suitable solution, although there have been many methods used by bitcointalk users to avoid scams.
my advice don't rely too much on bounty if you want to produce something from crypto, for me the bounty glory period is over.

[Dart18]

I had so much horrible experiences. One of them is the bounty manager stealing all the funds that was given to him and was supposed to be sent to all the participants.
It does happen.
But the other part though, we cannot blame to the managers.
They are doing their jobs only and it is not their job for the ICO to be in success. They are not the buyers just a manager of something like a marketing team.

I won't pin in on them for the unsuccessful hit of soft cap or hard cap.
This is all our risk from the start.

[Jateng]

There have been too many tread complaints for bounty participants that I have seen so far, but have not yet found a suitable solution, although there have been many methods used by bitcointalk users to avoid scams.
my advice don't rely too much on bounty if you want to produce something from crypto, for me the bounty glory period is over.

I hope those days where projects are really good. Bounty campaigns have a lot of payouts. Trusted bounty manages and valuable coins. At the first place, bounty managers can reject the project if they want and its another waits of time and effort not only for them but also everyone who participated. Since the last project that I experienced on not receiving the payout, I learned a lot before joining.

[sulendra12]

Though, we can't blame other manager who only accept "any" or "shady" projects in return of money. But their reputation is at risk if the projects turns to be scam or useless. I do hope, they should be wise selecting the right project.

Their job basically done once the reward already get distributed regardless of what happen on that project after that. It's not their job to actually being accused to promote the scam projects if they already paid the participant. It's your risk as a bounty participant to make a research after getting paid from bounty.

[NavI_027]

Though, we can't blame other manager who only accept "any" or "shady" projects in return of money. But their reputation is at risk if the projects turns to be scam or useless. I do hope, they should be wise selecting the right project.

Their job basically done once the reward already get distributed regardless of what happen on that project after that. It's not their job to actually being accused to promote the scam projects if they already paid the participant. It's your risk as a bounty participant to make a research after getting paid from bounty.

Yeah, I get your point but there are instances when a particular coin/service found out to be scam while their campaign is ongoing. So now who's to blame for such kind of scenario? If I will be asked, it's 70% for the founder of the given coin or service and 30% accounts for the manager. Whatever we say, the manager is related into the whole modus so he's not exempted at all. But if we make considerations then he might be forgiven IMO (unless he is aware of this from the very start) and avoid getting red trust .

[btcltcdigger]

There's been a lot of talk about managers needing to "take and hold" bounty funds and then distribute them even if the projects is a scam.
But what good does that do? Would hunters really be happier receiving X amount of scam tokens than not receiving them at all?
What do you plan to do with those scam tokens which aren't tradable and are basically worthless?