Balladtony77 (OP)
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Activity: 378
Merit: 15
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July 24, 2020, 11:46:54 AM |
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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.
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coin-investor
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July 24, 2020, 11:51:41 AM |
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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 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.
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Vaculin
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July 24, 2020, 11:54:42 AM |
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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 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. I've seen him doing that in most of his projects, and that guarantees that reward will be distributed after the bounty. This is good especially if the project is quite successful, but if not, bounty hunters will still have a hard time selling the reward due to its low price or lack of liquidity. For me, I am okay with no escrow, besides, if the team will not pay, it will be their reputation that will be put at risk and the project will fail. if the payment is in BTC, USDT, and major coins, then there would be no effect regardless of what they will do on the project.
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Samayuki
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Merit: 24
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July 24, 2020, 12:36:17 PM |
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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
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aioc
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July 24, 2020, 12:48:24 PM |
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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.
It is highly recommended that they do this to protect bounty hunters and their reputation, but as we all know not all bounty managers are independent many are part of the team and they are not implementing escrow, so it's better to pick an independent managers which offer escrow for bounty hunters.
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cytpoway121
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Activity: 1540
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July 24, 2020, 12:59:37 PM |
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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.
Escrow of bounty reward is good, but it is not a bare minimum for a good Bounty, GeomaDAO was an escrowed Bounty, but seems the pandemic has flawed its growth. While Cartesi excelled without being escrowed, a paying Bounty will always pay, either escrowed or not which is why you must dyor and join project that worths it for promotion
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mersal
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July 24, 2020, 01:09:09 PM |
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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.
For bounties managers rarely uses escrow because it is useless tokens so even if there is ans escrow the distribute the rewards we may not able to do anything with it until it have some real value.At least it could make some changes and can be helpful even in avoiding the complete scam projects.So its on the hand of bounty hunters to demands escrows or they have to refuse from joining.
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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July 24, 2020, 01:17:14 PM |
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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.
Escrow of bounty reward is good, but it is not a bare minimum for a good Bounty, GeomaDAO was an escrowed Bounty, but seems the pandemic has flawed its growth. While Cartesi excelled without being escrowed, a paying Bounty will always pay, either escrowed or not which is why you must dyor and join project that worths it for promotion That's right! It really depends on the project itself. If the project is sincere with their intentions, they won't screw their bounty participants in any way. They will distribute their share according to the bounty agreements. Now, in terms of price, they can't fully control the price in the market because it depends on the traders. If traders will not see the project as promising, then it is bound to decrease its value.
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tycsols
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BountyMarketCap
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July 24, 2020, 01:53:25 PM |
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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.
Yeah there should be some system to secure the hard earned reward of the bounty hinters who perform all the tasks according to the rules everyday so denying their rewards is absolutely unethical and completely unlawful. If escrow works out well as a solution it should be definitely implemented to all the bounty campaigns as soon as possible.
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Jawhead999
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DGbet.fun - Crypto Sportsbook
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July 24, 2020, 02:04:56 PM |
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If you are trying to make business and accept Bitcoin or any other cryptocurrency you should know that the transaction is not reversible and to protect yourself you need an escrow service - for example Bitify.
What point you tried to say? This seems off topic from this thread, OP is suggesting use escrow on bounties, not asking purpose using escrow. @OP indeed your suggestion is good for bounties. But, you should know... even the bounty is smell as a scam (e.g. fake team, plagiarized whitepaper, etc) many bounty hunters still join that bounty and ignore the warning from any scam-buster. Bounty hunters also must not joining any scam bounties to avoid from scammed or DYOR.
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Pffrt
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July 24, 2020, 02:20:09 PM |
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I just have seen that bitwings did the weird thing with the hunters. I used to know that they were a legit project but seems like they are not. It's really sad to see that hunters are being treated in such a way. Escrow for bounty pool has been discussed couple of times before but most of the so called bounty managers will never follow that, that's for sure. On the other hand, hunters can avoid projects which don't use escrow bounty pool. Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.
julerz12 also used to escrow bounty pool although he hs left managing campaign for a while.
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fuer44
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July 24, 2020, 02:25:28 PM |
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yes, escrow is often talked about lately because of the greater likelihood of success. but I just finished escrow bounty a few months ago, it's been 3 months so far it hasn't been paid yet. but I just believe and believe it will definitely be paid, because the team also works well.
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yazher
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July 24, 2020, 02:27:59 PM |
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In my early years as a bounty hunter, those who managed bounties with already escrowing the rewards of the participants are the ones who always successful and there are lots of participants when they introduced a new bounty. back then, one of the famous to escrow the rewards is Bountyhive which is most of us here knows. the project they promoted back then used to be successful and every bounty hunters received their due base on the number of weeks they are successfully working. But as of today, there are only a few who manage bounties who do this stuff and even though they escrowed the coins or tokens, it doesn't really worth a penny after the bounty is done.
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nicedreams
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July 24, 2020, 02:31:41 PM |
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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.
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robelneo
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July 24, 2020, 02:47:14 PM |
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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.
The last I've checked on the bounty campaign I've participated back 2019.almost 20 of these did distribute tokens allocated for bounty hunters some of them delayed or reduced the number of bounty hunter's rewards, it's just right that bounty managers escrow the token meant for bounty hunters just like what Bounty Detective and Julerz have done for campaigns that they are managing.
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Ridwan Fauzi
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July 24, 2020, 02:56:37 PM |
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We can differentiate a good and bad project, a good project will always try to do everything with a good way. Including the promotion way, bounty campaign is well known for most crypto currency project. Even, most of new project that popping up they will use bounty campaign as a way to make many people know against their project. As you may know, bitcointalk.org is ond the largest crypto currency forum although priviously it was inteded to discuss bitcoin. I guess it is an easy way for all new project to choose an escrow if they try to promote their project is this forum. Because there are some escrow's service that can be use like in this board https://bitcointalk.org/index.php?board=52.0
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minairia3
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July 24, 2020, 02:57:58 PM |
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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.
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batang_bitcoin
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July 24, 2020, 03:20:21 PM |
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You can demand that to a bounty manager before joining but if they can't provide, it's your verdict to just skip on it and look for another bounty that suits your standard which does have an escrow. The sad truth, most projects won't get an escrow because they don't have a decent budget for running their bounties. They all rely to the allocated budget which is just floating in the air for their bounties. Lucky if the project goes into success but failure if they didn't meet the expectation.
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Sourhearrt
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July 24, 2020, 04:29:41 PM |
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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
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