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Author Topic: Solution for bounty payments  (Read 381 times)
elisabetheva
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March 08, 2020, 09:39:26 AM
 #41

I think best solution for bounty campaign hunter is distributed coin on time, after ICO or IEO ended is not the reason why have to delay distribution for bounty participants, its not care about how much coin price on the exchange market or coin not ready for listing.
true, why should we find a way to be able to postpone not the right commitment is that when ICO and IEO have been completed they must immediately distribute as agreed, without having to look for other alternatives to delay, and the way it is often seen today. obviously this is unfair and very detrimental.
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March 08, 2020, 09:42:57 AM
 #42

Most projects allocate rewards as project tokens because they don't really have enough capital to pay the bounty participants their rewards.
This is why I gave a solution to pay potential cryptocurrencies such as bitcoin and ether from the the funds they raise.
If any project is denying this, then it means they want to scam the bounty participants.
This can be one of the ways to identify scam projects because the genuine projects should not have a problem if they are raising enough funds.

So it will be necessary for the project to think about how they can have money to start the project, and don't depend on the money from the investor. Yes, that can solve the problem for the bounty hunters because they don't need to feel worried if the project doesn't pay them. If the capital to pay the bounty hunters can be handled with a recommended escrow, then that will give another benefit for the project.

The investor will look at the project as a good project because they can prepare some money for the bounty money, they can use an escrow to handle the payment, so they can focus with the project until it's finished.

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March 08, 2020, 09:44:29 AM
 #43

Good idea but it will be very hard to implement, every developers want to have ethereum and Bitcoin  and tradeable coins in the market, actually they do not want their coin they want to dispose it and keep these tradeable coins in their pocket, so if the project becomes obsolete they have coins with value.

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March 08, 2020, 09:47:08 AM
 #44

Even how hard you try to help the system to have a good shot still it is about scamming who will win,do you think these scammers don’t tend to victimized hunters?
Of course they knew it from the start thats why they dont care about our sentiments as bounty hunters because all they care is their profit and not our position.
They will take the money and will let hunters wait forever,the only answer here?stop supporting these scammers by not participating in their bounties .

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March 08, 2020, 10:34:26 AM
 #45

Your method is good but it also depend on trust. There is this project called asobi that has concluded token sales more than a year ago. They adopted the same method of sending token to the participants every week. Initial things were fine. Although nobody knows the campaign the distribution. Start from but people that were to receive smallest token received first but later things went sour and many people did not receive token especially those that participated in article campaign.
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March 08, 2020, 10:40:43 AM
 #46

To be honest, no project is interested in bounty at the moment, the market is too boring and their projects will never succeed at this stage. So bounty will die just like those projects, joining bounty is a waste of our time because it won't bring any profit.
Bounty projects interested to pay their native tokens but mostly garbage because end of the day they will go deceive with bounty hunters. Your all of points are good things if it will applicable in the single campaign. Why you can't expect profit or worthy payments at this time but you won't expect payments from all of those bounties.                
It is indeed true that most of the bounty projects are paying their own tokens that they are selling to bounty hunters, that is not always becoming garbage, you have said that because maybe you have chosen or supporting a bounty project that doesn't have any solid platform that is why there are little amount of investors supporting that project if there are really lots of investors supported that particular project, there is a big possibility that the particular project you have supported will be gone successful in the future. But I think as of now, it is really hard to support any bounty projects because there are a small number of investors to deposit their funds into any project, they are choosing to hold that than to invest it. Maybe if the market really recovers just like what happened before, bounty projects will be alive again. Just continue to support and continue believing. As of now, the market is recovering from a big downfall, we are all hoping for that to continue.

Kvalentine
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March 08, 2020, 03:39:38 PM
 #47

Even if there are escrow for all new bounties or bounty projects start paying in BTC or stable coins there will always be some who will go scam or refuse to pay bounty hunters

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March 08, 2020, 03:45:34 PM
 #48

I think it is good, but not good enough,

Why not require them to allocate funds that is excluded with the amount of investments they can collect. For example, they can run a bounty that they wi pay bounty hunters base on their work (pay per posts, etc.)

Most projects allocate rewards as project tokens because they don't really have enough capital to pay the bounty participants their rewards.
This is why I gave a solution to pay potential cryptocurrencies such as bitcoin and ether from the the funds they raise.
If any project is denying this, then it means they want to scam the bounty participants.
This can be one of the ways to identify scam projects because the genuine projects should not have a problem if they are raising enough funds.
Correct, but many projects is owned huge capital to promote their projects by pay btc or eth or different a lot of stable coins. I think there are no team's are agree to make allocation for bounty hunters from their initial fund. Stable coins and escrow both of ensure before conducted any projects then there are no possibility to scam by team's in the bounty hunters.                    

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March 08, 2020, 04:23:30 PM
 #49

Mate, the solution to not being scammed are there & so simple & can be applied by any ICO out there, but they simply won't do it for a good reason.
There is also a good way for that is to escrow the bounty portion % to a trusted BTT admin or trusted member, but they won't do it & that's why people lost faith in ICOs in general.
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March 08, 2020, 05:04:36 PM
 #50

Even if there are escrow for all new bounties or bounty projects start paying in BTC or stable coins there will always be some who will go scam or refuse to pay bounty hunters
How can they scam or refuse payment if they have escrow? It is the best and safest way in the market today, and new projects should require escrow to secure bounty hunter payments, in addition to new projects also need to try to list their tokens at exchanges after the IEO or ICO ends
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March 08, 2020, 05:05:28 PM
 #51

your solution is good where they only spend a maximum of 5% of their total income for 1 week.
but here is the problem if the budget they receive is not stable this will certainly cause a little problem, and also depends on the project.
can you imagine if a good project generates a lot of funds for 1 week maybe they will hesitate to spend money to pay for hunters and better pay using their tokens.
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