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Author Topic: Bounties managed by team themselves  (Read 832 times)
jessyj48 (OP)
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July 18, 2020, 04:05:49 PM
 #1

I'm not here to discourage you about bounty campaigns that are managed by the project team themselves, I'm here to tell you that you need to be extremely cautious, I've noticed that team managing campaigns themselves is not good

1. They have all the freedom of doing any how with your rewards

2. They can change certain rules that aren't reasonable, just because it's their project and they are handling the distribution they are free to do some bad things

3. Bounty Managers are very very important, you can get them nailed for not facing the team to force them to do distribution but you can't fight the team yourself

I'm sure I'm not the only one who sees things this way, or am I?

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jrrsparkles
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July 18, 2020, 04:08:29 PM
 #2

Even if the project got bounty manager still they can't force the bounty team to pay the rewards for participants if they are refusing to do.Bounty manager is also need to be an important factor that everyone should consider but don't take it for granted, do your own research on the team as well.









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omnik
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July 18, 2020, 04:14:29 PM
 #3

It looks like you must have seen the oikos bounty and it has already being managed by its own manager from the team. As long as the team can be trusted and there was no suspicious thing and it will be always profitable. Did you aware about so many people were also getting paid from that campaign too?
CashbackLover
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July 18, 2020, 04:15:49 PM
 #4

Bounty managers are the only thing standing in between hunters and project team, it's bounty managers job to make sure they bounty hunters get paid for their work but sometimes when the team starts behaving weird there is nothing the bounty manager can do about it.

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July 18, 2020, 04:17:39 PM
 #5

I like what bounty detective team are doing presently, there is no going back once a bounty got introduced by bounty detective because they use escrow, they handle the distribution at their own convenient time, you don't have to worry about not getting paid because all tokens are in bounty detective hand

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July 18, 2020, 04:32:50 PM
 #6

points that are very true and a lot of bounty hunters who have felt this, if bounty is managed by the project team at the present time there is always a lot of drama for example like trimming allocations, kyc requests that should not be there, delaying bounty rewards that are actually scheduled and delays can after a few months, and  the worse they refuse to pay bounty reward, and it is better to follow the project handled by the bounty manager who is not from the project team because they seem to be more trustworthy.

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New_order
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July 18, 2020, 05:00:29 PM
 #7

It looks like you must have seen the oikos bounty and it has already being managed by its own manager from the team. As long as the team can be trusted and there was no suspicious thing and it will be always profitable. Did you aware about so many people were also getting paid from that campaign too?
Good for those who promoted the first round of Oikos bounty campaign but I heard it turned into a very bad situation when the bounty manager of Oikos try to make bounty hunters to keep promoting with another 4 weeks duration after adding extra 4 weeks before, its a bad idea letting team conduct a bounty campaign seriously
@baoli
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July 18, 2020, 05:41:46 PM
 #8

Bounty managers sometimes still fall out with team and the hunters suffers. Bounty hunting is really not guaranteed, BM can be given token upfront but the coin might end up useless if the project does not progress

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Bonwin
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July 18, 2020, 05:49:08 PM
 #9

It looks like you must have seen the oikos bounty and it has already being managed by its own manager from the team. As long as the team can be trusted and there was no suspicious thing and it will be always profitable. Did you aware about so many people were also getting paid from that campaign too?
You could have said that because the OP account of the bounty thread uses the name of the project. Well, sometimes the team still employ someone on the forum the manage the campaign, because they could not have done it effectively by themselves, because of their little or no knowledge on how the forum operates. If using employing someone on the forum would maintain the integrity of the project, it means it works for those who do it in that form. Oikos turned out to thread the hunters well, so it could be that that was the method used.
Sourhearrt
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July 18, 2020, 05:57:47 PM
 #10

Allowing project team can be a very bad idea but not every time, past bounty projects shows that some bounties that were managed by the team did very well and every hunters were paid and some turn worse, it's all still going to end in the same ways, some teams are bad and some bounty managers aren't much of a difference

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Anish02
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July 18, 2020, 05:58:36 PM
 #11

Yes, it's indeed true, bounties which can be managed by their own team have always come with new rules and they are not active like bounty managers group. Because it's not their work and they don't even need to try it by managing themselves. So basically it should be done by bounty manager not the team itself for better results.
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July 18, 2020, 06:07:12 PM
 #12

True, nowadays bounty campaigns are not doing well as most of the projects use bounty hunter as a bait for free advertisements and delay the payment until the token is dumped by investors and then distributes worthless tokens that's why we need to be careful before joining bounty and we should always join bounties run by reputed bounty managers or team like bounty detectives who guarantee the tokens as its escrowed. Bounty managers are also victim of manipulation by the owners sometime.

Greatdev
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July 18, 2020, 06:14:34 PM
 #13

True, nowadays bounty campaigns are not doing well as most of the projects use bounty hunter as a bait for free advertisements and delay the payment until the token is dumped by investors and then distributes worthless tokens that's why we need to be careful before joining bounty and we should always join bounties run by reputed bounty managers or team like bounty detectives who guarantee the tokens as its escrowed. Bounty managers are also victim of manipulation by the owners sometime.
Risks will always be present when it comes to promoting new projects, sometimes you might decide to start promoting projects that are trading on exchanges and before bounty campaign ends the token have lost huge value, risks is involved and will always be this way, if you aren't prepared for this then you aren't fit to be a bounty hunter

Towerbreeze
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July 18, 2020, 06:39:59 PM
 #14

Its true that bounty campaigns managed by team can bring unpleasant results, there won't be anything standing between hunters and the team, whatever they do to you it can't be used against them because you see everything clearly before joining the campaign, better follow bounty manager than taking this high risk path
jossiel
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July 18, 2020, 06:49:13 PM
 #15

Not all of them are like that but many of them are.

You have all the means to choose the bounty you are going to join. You're the ones that will decide which bounty you'll be facing and joining with your participation.

In the beginning, if you see that they are no good in managing, you are free to leave and join another.
pilosopotasyo
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July 18, 2020, 06:51:55 PM
 #16

I'm not here to discourage you about bounty campaigns that are managed by the project team themselves, I'm here to tell you that you need to be extremely cautious, I've noticed that team managing campaigns themselves is not good

1. They have all the freedom of doing any how with your rewards

2. They can change certain rules that aren't reasonable, just because it's their project and they are handling the distribution they are free to do some bad things

3. Bounty Managers are very very important, you can get them nailed for not facing the team to force them to do distribution but you can't fight the team yourself

I'm sure I'm not the only one who sees things this way, or am I?

I agree on all your points between an independent manager and a project by their team I always prefer independent manager, because they will always serve the cause and interest of the project, they will never guaranty anything, they can always change the rules to favor them, so beware of projects like this that are managed by the project.

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cytpoway121
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July 18, 2020, 06:52:35 PM
 #17

For me, i think Bounty campaigns managed by the team are always good and easy, if i bring into account pnk tokens; the kleros project, it was a fascinating, easy to do Bounty.

But still it is up to us as individuals to choose which Bounty to join, do your own research and decide
Erumo
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July 18, 2020, 06:52:51 PM
 #18

There are pros and cons if the bounty campaign is managed by projects team member:

Cons - he might be not as professional and experienced as bounty managers from the forum.
Pros - he is on short leg with the project. If hunter does not understand something, he might quickly receive a help (in case there is no ANN topic).

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July 18, 2020, 06:56:01 PM
 #19

There will be problem if the project failed to raise softcap and they want to proceed in launch, meaning the team will never release the exact amount they promised or have already on spreadsheet, it's what's happening with bitwings project presently

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July 18, 2020, 07:00:40 PM
 #20

I think it's a project to project-based there are projects where the manager belongs to their team and able to satisfy the needs of all participants, like Oikos there was an issue in the past, but they managed to resolved it and they have distributed the token to their participants like they've promised, if the team is reputable I don't think there will be an issue at all.

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