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Author Topic: Bounty managers can do better  (Read 1010 times)
irfan_pak10
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July 03, 2020, 04:32:56 PM
 #41

I think by doing video chats with the team or meeting them face to face will not ensure success of the project but it can reduces the risk. The rewards of a campaign totally depends on the success of the project that whether the team behind the project achieved their target investment or the coins listed on exchanges? For now, there is a risk for bounty hunters because most of the projects turn out to be scam.

There are many other things managers should consider
- checking the plagiarism of whitepaper
- complete investigation of team behind the project
- web ui
- road map and what they have already achieved.
- weather they are willing to spend from theor pocket if project couldnt do well in ico.
Surely a manager will do a deeper research into a project and as you mentioned sometimes they always plagiarize white papers to run their projects and ICO sales will not be of much interest if there are still projects that are hard to do raising with ICO.

We have started working on a platform to ensure bounty hunters payment, so no project can scam them hopefully it shall be launched in the end of this year.

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July 03, 2020, 04:42:03 PM
 #42

the idea is not so bad. however, sometimes very many people want to become a bounty manager, so when a bounty manager rejects this, the team will find a new manager or create their own account. Well, lots of things to do to avoid that. if you want to be better, I better support payments using USDT or coins that already have a market.


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July 03, 2020, 05:23:57 PM
 #43

Your advice is good. But it is not as easy to say as it is to do. Bounty managers are greedy, they manage scam projects bounty for their own benefit. The main reason for this is that a lot of unprofessional managers are coming whose job is to take the job anyway. They don't care about Bounty hunters. As a result, the project teams get benefits here, they don't have to worry about verification. I would say that Bounty hunters should not join the campaign of managers other than professional managers.

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July 03, 2020, 05:57:59 PM
Merited by TheUltraElite (1)
 #44

You know the reason why managers don't mind taking projects and start a campaign is because they got less stuff to lose, just quite of their time coz they already have got initial payment upon starting the campaign, some even received the payment for managing a project in weekly basis. However, what the managers are putting into expense is their own reputation on the platform like here in bitcointalk, if you got more than scam projects handled then most probably participants won't likely to do much effort participating in your campaign since they got a high chance of being scammed. Pity for those who don't quit bounty hunting  Undecided
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July 03, 2020, 06:25:53 PM
 #45

I've had live video chat with projects that turned out to be a scam in the end. What's your point?
The thing is, many projects start legit, and once they see that it's not going well, they take what's left and run away, basically scamming even their own team members...

That's right because i work in most of your campaigns and most of the projects start legit , but at the end they run away. As a BM you ( as well as other BMs ) try to do the best for bounty hunters so that all can get their rewards . But when the distribution is finished, most of the team members from each projects start making drama like market is not good or covid-19 has bad impacts on their projects and so on. In the end, project shut down and team run away with all the funds. As a result, we can't blame Bounty Managers all the time because they try to do the best for us. Basically, we need to be more aware about this type of projects which ico/ieo price is equal or more than $1.

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July 03, 2020, 06:40:09 PM
 #46

The vast majority of bounty managers charge peanuts for their work, they don't actually have the time to do good work—at least not if they want to be adequately rewarded for it.

It would be better if there was a single group of trustworthy bounty managers that split the work between one another, but it seems that the only bounty managers left are the absolute scrubs that don't give a damn about bounty hunters and take whatever jobs they can, so long as they get paid.

It's up to the bounty hunters to do their own due diligence and only work with managers that are proven to be able to land high-quality clients and get results. Don't bother with newbies, they don't know what they're doing and you'll just end up wasting time.
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July 03, 2020, 06:42:55 PM
 #47

that's not a bad idea, but the fact that video calls or face to face with the project developer also does not mean guarantee that the project will be successful. there are lots of projects that are legitimate, convincing, have quality products, and even most of the new projects can even end up being fraudulent.
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July 03, 2020, 06:47:36 PM
 #48

One of the most important thing before joining a campaign is to ask yourself can you invest into this project, if you can't I do not think you should help promote it. Bounty manager also can help screen out this scams looking to scam people of their money but bounty hunters need to decide their own fate because it is your time and effort

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July 03, 2020, 07:44:51 PM
 #49

It's akward how some BM just accept any project because they will be paid in a stable coin, they don't care if the community labour in vain or community promote scam to their fans, this made me stop social media campaign. Too many failed project bringing regret to and pains to investors.
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July 03, 2020, 08:17:38 PM
 #50

Not only scams are the risks of joining bounties, there are also intances that we don’t get paid due to different circumstances and unexpected events.

As bounty hunters it is our due diligence to join in any bounties that we must understand. But I think the most effective way to make sure that the hunters get paid is funds should be escrowed like Bounty0x doing in their campaigns.
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July 03, 2020, 08:23:43 PM
 #51

This is a completely wrong idea for KYC means that the project is correct and they will not scam in the future. Even Keep in mind that investing power has become extremely difficult at this time so a bad project will never find good investors. We will not accept all those projects who manage IEO through fake volume exchange. However, Kingcasino was one such project who wanted to complete IEO in the fake volume with free exchanger. So from there we have to understand that this is not a good project.
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July 03, 2020, 08:33:58 PM
Last edit: July 06, 2020, 12:30:48 PM by adzino
Merited by suchmoon (4), TheUltraElite (1)
 #52

I once wished that bounty hunters can come together as one to escape the ruined reputations of bounty hunters and the unfair ways we've been treated but I think this can easily be done not by bounty hunters but by bounty managers

If bounty managers can starts doing screening on new bounty projects scam rate will be limit, for example come face to face with team using video chat and forcing them to do KYC just to confirm they are real, this day many new projects only chat with bounty managers and that's all, I think this is why bounty detective can't figure out that kingcasino scammers are from Nigeria

Please bounty manager make sure the team you doing a job for are real atleast, don't just take a job through chats only
Lol, you want them to do KYC? You really think it is that easy to process a KYC form? The bounty managers will have to validate those documents. They will probably have to use third party sites to validate it and they are not free! As far as I know, they have to pay for each document they validate. The projects can submit fake documents and no one will know if its real or not until it has been validated! I don't think any bounty manager would want to go through all those troubles. Again, if the project goes scam, and someone decides to sue them, the bounty managers will have to provide a lot of information and cooperate with the law enforcement agencies.

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July 03, 2020, 08:49:53 PM
 #53

As a bounty hunter it is our own responsibility to do some diligence whether the project is scam or not. Let's not put all the blame to the managers. Kyc? It is not easy to provide a kyc to a project, just like what others said there's some instances at first project is good but at the middle of their project it ended up scam. So, in my opinion let's do a proper research before joining a project this could help.
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July 03, 2020, 09:04:52 PM
 #54

making video call in my opinion is already more than KYC,
KYC can use the edited identity but if the video call is not possible to edit the face, but it is not a guarantee that the project will be successful, the success of the project is seen from the interests of investors

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July 03, 2020, 10:20:18 PM
 #55

I once wished that bounty hunters can come together as one to escape the ruined reputations of bounty hunters and the unfair ways we've been treated but I think this can easily be done not by bounty hunters but by bounty managers

If bounty managers can starts doing screening on new bounty projects scam rate will be limit, for example come face to face with team using video chat and forcing them to do KYC just to confirm they are real, this day many new projects only chat with bounty managers and that's all, I think this is why bounty detective can't figure out that kingcasino scammers are from Nigeria

Please bounty manager make sure the team you doing a job for are real atleast, don't just take a job through chats only
What things will change when the team manager has to submit KYC or video call. Kingcasino refunded all money to investors. Kingcasino wasn't a scam project. Bounty detective should change the promising styles, we know bounty detective promised that Kingcasino tokens will be paid which is guaranteed by bounty detective. Without success in any projects, ERC-20 tokens are worth zero.
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July 04, 2020, 04:56:16 AM
 #56

I've had live video chat with projects that turned out to be a scam in the end. What's your point?
The OP has made a few topics in this regard. I dont know if they are hunting some bounties even today but I would advice them to stop doing it because they are essentially wasting their time.

Quote
The thing is, many projects start legit, and once they see that it's not going well, they take what's left and run away, basically scamming even their own team members...
Many such projects have made even the bounty managers suffer. They were also promised pay but they didnt get it and team ghosted them. I have even seen managers paying from their own pockets just so because they didnt want the hunters to feel bad.

But do the hunters realize this? Or are they too selfish to think twice?

Reading what @irfan_pak10 said, if they can make bounty payments ensured, I guess that would be like prepaid amount escrowed and kept safe till the end, that would be a good thing.

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July 04, 2020, 07:30:56 AM
 #57

The vast majority of bounty managers charge peanuts for their work, they don't actually have the time to do good work—at least not if they want to be adequately rewarded for it.

It would be better if there was a single group of trustworthy bounty managers that split the work between one another, but it seems that the only bounty managers left are the absolute scrubs that don't give a damn about bounty hunters and take whatever jobs they can, so long as they get paid.

It's up to the bounty hunters to do their own due diligence and only work with managers that are proven to be able to land high-quality clients and get results. Don't bother with newbies, they don't know what they're doing and you'll just end up wasting time.

This is also an issue of a globalized market.
Whatever price you set, as low as possible to even break even after you do all the work, there's always gonna be an indian or a pakistani who'll do the same gruntwork for half the price.
That's just a reality of it.  And most new projects don't know the forum, don't know the ups and downs, and are guided by mostly price.

I've had a few cases where i struck a deal with project for X, only to be told by project team few days later that "some indian" guy will do the same for fraction of what i asked, and they will go with him.
That indian guy may or may not the job good, but if he doesn't, it'll leave a sour taste in the project team's mouth and they will scrap the bounty as a whole.
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July 04, 2020, 04:53:01 PM
 #58

I don't think KYC will be a big help because many people can steal someone else's identity if it means to earn money. Scammers can and will do everything for them to look like a legit project. And one more thing, even if a project is a legit and real one as well as its team, as long as one of a team member have this "greediness" in him/her/them. He/she/they will run away with the money and leave his/her/their team behind, betrayed.
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July 04, 2020, 06:44:35 PM
 #59

The thing is , how many of these bounty managers are ready to do this thing you have said? If there are none of them coming to an agreement in this, then it will be a situation whereby some of them are using this strategy to identify who the team are, while others wouldn’t use it and will just make use of chats. So, they have to come together and discuss this so that everyone will comply with the rules that will be set in place. This is not a time for anyone to be acting greedy and focusing on their own pocket, if not we will end up ruining everything that has taken years to build. Bounty managers needs to be doing this so that people will have trust in any project they are investing in.

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July 04, 2020, 09:16:58 PM
 #60

I have already mentioned my own thoughts and my own suggestions on topics similar to this content and the topic.  Just as I said in those messages, campaign managers should agree with the project under certain conditions and accept users under certain conditions. In this way, they can affect fewer users from projects with poor results and have the chance to manage their own business more easily. With the various measures to be taken, they will both guarantee themselves and will not make victims of the users. Since I have made similar comments on such content before, I will not mention my recommendations one by one here again.
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