Escrow is a must to avoid disappointment

[suryapro]

You are right, I believe all bounty hunters will support bounty managers start using escrows but the only issue now is if all project will agree with this. Another thing is not all bounty program is been managed by a bounty manager, some are been managed directly by the team, this type of bounty won't use escrow aswell.

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[AzamNurWahid]

yes I agree if the bounty manager must use escrow because with that bounty hunter is more calm in doing work because the payment is guaranteed, btw is not only the bounty detective who does that. Other BMs have done it now

[WannaCry]

escrow amount for the bounty rewards is a good thing.. but the negative side is even there is an escrow reward when the project decided to kill that project in dumping their tokens? what is the essence of having a reward when the project prince is 0

[Maxstl007]

The fastest way for a bounty manager to build up his reputation his using escrow, this will safe bounty hunters from not getting paid after bounty is finally over, many project failed to pay bounty hunters most times and there is nothing bounty managers can do

[Mulann2]

It's becoming more harder for new projects team to keep their promises to bounty hunters, some even said bounty hunters are getting free tokens for free, meaning bounty hunters aren't recognized for their work, I suggest all bounty managers to start using ESCROW.

I believe with escrow payment will be guaranteed, team won't be able to go back on their words, bitwings for example, after a complete year of waiting for payment they decide to do another audit on spreadsheet and they falsely accused bounty hunters without any proof.

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

After the stunt the DIA team pulled on hunters,  certainly escrow is a must to guarantee team won't just wake one morning and change rules as they see fit, and the annoying part of it is, some hunters are too eager to accept any decisions made by team even if it means they will end up will pennies,  hunters also have right to disagree and unite to speak one voice, but unfortunately this is happening and team are doing as they please.

[jessyj48]

I beg to disagree, Julerz escrowed bounty tokens for bounty hunters and all bounty hunters have received their tokens, some managers are escrowing the bounty token which is good, but if the team is trusted and they show good will it's ok not to do escrow especially if the bounty manager is part of the team, like what Oikos has done.

Only few projects are doing an escrowed for token payment. We are lucky that we have those doing that like Julerz and Bounty Detective, but as you said, as long as the team is trusted no need for escrow.

One example is cartesi by BubbleAlex, he did not escrow the bounty but the team paid their dues to hunter. Sometime it actually depends on the project if its good then no need to worry about it. Unless you are joining a bitcoin sig paid campaign.

How will you know if a team can be reliable? Every one thought that bitwings team are reliable until few days ago when they release another spreadsheet that's different from the final spreadsheet that was released before, escrow is the best

[XCANA]

We are all humans, some will deceive us, some won't keep their promises, some won't show conscience at all, that's why I will always accept this escrow strategy, it's the best way to set things right honestly, I wish all bounty managers will follow this strategy

Sincerely this means good to the bounty hunters and the managers who will embrace this way whenever they are called for project management. Escrow is the best way that bounty hunters will be assure about the project they promote and not working in vain. Hope to see other managers follow suits with the likes of julizer among others. It's time we the hunter unite together and stand for a common goal of all manager embark on escrow.

[pixie85]

We all want escrow too but not all project teams will agree to escrow but it's safer for bounty hunters to join escrowed bounty campaigns, new project teams can't be trusted, they behave anyhow with bounty hunters once the campaign is over, this needs to stop

If they don't agree to escrow you don't have to join their campaigns. The more people show they don't support projects that don't try to work for their trust the more project managers will start to care.

I've been telling you people for years to demand escrow and payment in BTC, ETH, or any other already tradeable coin.

[Miaallen]

You really have a good suggestion here. It is even annoying the way bounty hunters are treated by some teams and investors nowadays. They believe hunters get free token forgetting that the hunters invested their times to promote the projects while the investors use their monies.

[ScamViruS]

It's becoming more harder for new projects team to keep their promises to bounty hunters, some even said bounty hunters are getting free tokens for free, meaning bounty hunters aren't recognized for their work, I suggest all bounty managers to start using ESCROW.

I believe with escrow payment will be guaranteed, team won't be able to go back on their words, bitwings for example, after a complete year of waiting for payment they decide to do another audit on spreadsheet and they falsely accused bounty hunters without any proof.

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

Your suggestion is good, for Bounty Hunters. Because I've seen project teams pretend to pay bounty hunters after the bounty is over. This is a very bad job. If you use Escrow, the team of the project will not be able to do any new drama with the budget after the end of the bounty. But it will not give good results in all cases, because it is often seen that the projects manage the bounty with their own account. When they manage the bounty with their own account. I don't think this escrow system will work then.

[Pamadar]

But you should know that escrow payment for the bounty program isn't completely safe-proof. If the group in charge of escrow payment has a dubious reputation or easily blows to the project team's demand, you will meet the same fate of no escrow payment.

Things can still happened even there's a escrow service, though the chance of being paid is much higher with escrow especially if it's really a
reputable person. The team will likely be obliged to let the escrow to hold allocated budget.

If a project can't afford escrow payment, should be at least hire 3rd party bounty managers to make sure bounty payment under good hand when distribute.

That's still not a guarantee, bm only relies with how the developers will distribute the rewards, if the team will runaway there's nothing that bm can do.

[oscarftw]

It's becoming more harder for new projects team to keep their promises to bounty hunters, some even said bounty hunters are getting free tokens for free, meaning bounty hunters aren't recognized for their work, I suggest all bounty managers to start using ESCROW.

I believe with escrow payment will be guaranteed, team won't be able to go back on their words, bitwings for example, after a complete year of waiting for payment they decide to do another audit on spreadsheet and they falsely accused bounty hunters without any proof.

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.

I can only support your escrow process. But do you remember the Kingcasino project, which was managed by a bounty detective? Escrow can confirm only successful project payment. Bitwings was managed by their own teams, not to distribution is also part of their plans or revenge to got red trust. I believe finally Bitwings will become a scam project as my experience.

[pixie85]

If a project can't afford escrow payment, should be at least hire 3rd party bounty managers to make sure bounty payment under good hand when distribute.

If a project can't afford escrow they should never launch to begin with.

Let's forget that some escrows work for free/positive trust. Even if they demand 1% of the total amount to be distributed it's still very little. If you're distibuting a thousand dollars worth of coins the escrow payment will be just 10 dollars. Don't tell me they can't pay that much.

Even if they'd have to pay $100 to the escrow holder it's still nothing compared to the value of the campaign.

[key4co.in]

Yeah I agree with OP's opinion, it's very good for Bounty managers to escrow funds to ensure at the end hunters get rewarded. But sometimes the team doesn't agree to this, due to trust issues. Some go by the phrase "work before pay", even though some won't keep their promises at the end. Also, not only Bountydetective uses escrow as stated by OP, a few other managers do.

[Twentyonepaylots]

You guys should understand what is an ICO before demanding an escrow for the funds, that's why it is called an Initial Coin Offering, they are wanting an investors to get invested in them so the project will continue, if they did not get any enough that's the time they will terminate the project call for a closure. Now bounty hunters should know what they are dealing with, how will the team pay all of you if they don't get enough? So having an escrow is a big down for me, not suitable for bounty tokens. This is just applicable for weekly campaigns  

[jacafbiz]

These are norms when I joined the space, but the influx of new bounty managers into the space sell themselves cheap to these developers and they take advantage of it, there are many instances when team renege on their promise  to pay bounty hunters what they agreed on, they want free promotion and marketing

[nicecrypto]

You guys should understand what is an ICO before demanding an escrow for the funds, that's why it is called an Initial Coin Offering, they are wanting an investors to get invested in them so the project will continue, if they did not get any enough that's the time they will terminate the project call for a closure. Now bounty hunters should know what they are dealing with, how will the team pay all of you if they don't get enough? So having an escrow is a big down for me, not suitable for bounty tokens. This is just applicable for weekly campaigns  

I have seen a project here in forum who already escrow bounty funds to bm, check out unifiny, they already give bm the total bounty pool in a wallet which everyone can see, and they haven't done any ico or ieo yet, any serious project who don't have an ulterior motive won't find fault in this, infact, only serious project can do this because they already know they will succeed with the project.

[Stanlo]

I don't see anything wrong with using escrow strategy, any new project team that has issue with escrow shows that the team aren't so sure of themselves and their project, if they are sure they will succeed there isn't anything to be worried about, at least bounty hunters job is to spread awareness of your projects

[jahepahit]

this will be a good solution only if all bounty managers can adopt it. its a shame for project to deny hunters their reward, a project that can do this can exit scam at anytime.

[cryyppton1]

 Having an escrow for bounty project in my opinion is good , not just because hunters want to be sure they will be paid for their time and resources but also to encourage them in promoting . when you are sure you will get paid you will work more. Project developers  have been denying hunters of their rewards recently and this isnt fair enough.