Shallow
Sr. Member
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Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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July 24, 2020, 11:17:13 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.
I think there are still other managers using escrow while there are others who might not use escrow but always try their best to ensure their participants gets their tokens. On a more sincere note it is becoming alarming with the way project team now behaves once the bounty is over but since the token distribution still falls down to their hands there is little or nothing that can be done about it, many did it and went free. Also, it is not all projects that will like to escrow their token for bounty that is just the truth and I believe many managers tried and it didn't work but if the idea works out in every bounty then it will be a big plus for bounty hunters.
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nikki4
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July 24, 2020, 11:18:00 PM |
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Escrow is the best way to confirm distribution for bounty hunters. That's why we need a bounty manager. Campaign managed by project team never legit to bounty hunters. I think this is a new lesson for bounty hunters. We won't participate in any campaign if the bounty manager doesn't bring hired escrow.
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NS-Soul
Full Member
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Activity: 497
Merit: 110
arcs-chain.com
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July 24, 2020, 11:29:20 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.
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. Agree with this many bounty manager are escrewing the bounty hunters payment so that the bounty hunter would be having the amount of token that they already work for it, it was a good decision to have a escrew on trusted in the bounty so many hunter would join them with out doubt and they relief because their work would not be wasted.
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adzino
Copper Member
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Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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July 25, 2020, 04:10:43 AM |
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If the project was actually legit and had no intention of scamming investors, I doubt they would scam their bounty hunters. I have seen most people claiming that they didn't receive their coins, and the project actually ended up dying. I mean they never had any intention to pay the bounty or work on their project. They just wanted to use the bounty hunters to promote their work and scam their investors. Again, if the team refuses to pay some individuals, then I think they have their own reason for not paying them. Perhaps the user that joined broke their rules? But, yeah, keeping an escrow would actually help to bring peace in peoples mind. But, don't they pay users using their own tokens?
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X-ray
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July 25, 2020, 04:22:42 AM |
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Escrow is the best way to confirm distribution for bounty hunters. That's why we need a bounty manager. Campaign managed by project team never legit to bounty hunters. I think this is a new lesson for bounty hunters. We won't participate in any campaign if the bounty manager doesn't bring hired escrow.
That's not a new lesson but that's an old lesson but the implementation depends on the team whether they wanna try to use the escrow service or not. So many hunters have already suggested this to the team direcly but they were rejecting the suggestions that have already sent for them.
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New_order
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Activity: 238
Merit: 15
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July 25, 2020, 04:27:24 AM |
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If escrow was the strategy that every bounty managers are using right from the beginning of bounties there would have been so limited projects that will end up not paying bounty hunters or maybe the project failed for other reasons and the token became worthless
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diazepam666
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July 25, 2020, 05:24:43 AM |
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If escrow was the strategy that every bounty managers are using right from the beginning of bounties there would have been so limited projects that will end up not paying bounty hunters or maybe the project failed for other reasons and the token became worthless
The current situation of bounty management is to bad because number of bounty managers are available in the market. So we don't find the another escrow to maintain the payment. We must read the OP post and find the trusted project is only way crypto platform, Because we see number of bounty campaign in each months so it our responsible to pick the right project.
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iv4n
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July 25, 2020, 05:25:59 AM |
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If escrow was the strategy that every bounty managers are using right from the beginning of bounties there would have been so limited projects that will end up not paying bounty hunters or maybe the project failed for other reasons and the token became worthless
I agree with this, escrow would solve many problems with bounties, there would be fewer bounties of course, but there would be fewer scams also! Except that, escrow is a good for individuals, with escrow you keep yourself from troubles. And it's better to use it right from the start, don't wait to be scammed, don't wait to make a mistake and to learn from that, learn from mistakes that others made many times!
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pawanjain
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July 25, 2020, 07:25:08 AM |
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This is already happening. There are some bounty managers who accept only projects which have good potential. But there are so many bounty participants that all the good bounty campaigns gets filled quickly hence people have to move towards bounty campaigns which have less potential and are often scam. So it's the bounty participants who have to stop participating in less potential bounty projects.
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L A R A
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July 25, 2020, 07:28:26 AM |
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You are right that all bounty managers ask for escrow so that payments can be guaranteed, but out there are also bounty managers who are selfish. If he manages a project he is paid but does not care about the participants.
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larus
Jr. Member
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Activity: 236
Merit: 1
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July 25, 2020, 07:29:35 AM |
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Escrow is working only if you trust in escrow provider
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andycarrol
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July 25, 2020, 07:31:14 AM |
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This is already happening. There are some bounty managers who accept only projects which have good potential. But there are so many bounty participants that all the good bounty campaigns gets filled quickly hence people have to move towards bounty campaigns which have less potential and are often scam. So it's the bounty participants who have to stop participating in less potential bounty projects.
unfortunately there is no bounty campaign that can provide a guarantee of success because so far as I know many bounty campaigns are finished until the end but they are developers who do not pay bounty campaign participants so that is what causes the bounty campaign is no longer valuable.
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NavI_027
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July 25, 2020, 07:58:14 AM |
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So are you guys saying that having an escrow is not a #1 rule when it comes to conducting bounties ? I'm surprised to be honest (sorry if I'm not familiar how things in the bounty section works) because I thought it was necessary even when when we are only talking about not so valuable tokens. Because money is money — every drop counts. All bounties should have escrow from now on like the sig campaigns. It is essential because it doesn't only protects the hunters against scam but also strengthens the reputation of the project. Escrow is working only if you trust in escrow provider
Dude there are lots of escrow services to choose from. Here is the list: https://bitcointalk.org/index.php?topic=2439910.0 . Though not updated or maybe others are not yet included, I can guarantee you will feel secured if you have them on your bounty campaign .
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Beparanf
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July 25, 2020, 08:03:03 AM |
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You are right that all bounty managers ask for escrow so that payments can be guaranteed, but out there are also bounty managers who are selfish. If he manages a project he is paid but does not care about the participants.
So the fund that should be escrow is should be for the participants to guarantee the payment of the participant, bounty managers will be paid but if they will not let his participants get their rewards or payment, the result will be negative on his side since he will be tagged as bounty manager who didn't pay, before when ICO became too popular there are plenty of bounty manager but since it's not on their control whether the team will really play they are to blame, sadly that times escrow were not yet popular so we must find now projects that really do provide escrow, especially if they are set to pay only after the success of ICO.
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MUG1WARA
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July 25, 2020, 08:35:45 AM |
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Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.
no, he is a new manager and not the only one who uses escrow services because the previous manager already used escrow. This is only a message for all bounty managers to use Escrow before starting a campaign
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Republikcoin.com
Legendary
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Activity: 2744
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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July 25, 2020, 09:45:46 AM |
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You are right that all bounty managers ask for escrow so that payments can be guaranteed, but out there are also bounty managers who are selfish. If he manages a project he is paid but does not care about the participants.
bounty with escrow does guarantee payment to the bounty at the right time, and can also increase the trust and enthusiasm for bounty hunters to work harder. to be honest, now there are already several bounty managers who implement it, it's just that it all depends on the project as well, if it looks potential, then many people will be attracted to it. well, it's just beyond that, the team also needs to develop the project so that the tokens they make can have a worth price.
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cryptoknightt
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July 25, 2020, 09:47:47 AM |
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maybe the method you mentioned will be applied if it is effective in the future. it's just that now there are still many who don't because they think they can handle it, no problem as long as the project you are participating in pays and is managed by a reliable manager.
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Dariusburst
Member
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Activity: 182
Merit: 10
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July 25, 2020, 10:08:54 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.
This will be a game changer if every single bounty managers start using escrow, team will be completely powerless over bounty allocations, it's just going to be bounty managers and their fellow bounty hunters, honestly I don't like the interference on project teams in bounty hunters stuff, most times they cheat
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inanilujimi
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July 25, 2020, 10:13:52 AM |
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actually your intention is good, but if you have received the token from the bounty there is no exchange to trade the token do you like it ?? for bounty now it is not as beautiful as its heyday as in 2017, so it's already too complex the problems that are in it, it's better to use your free time is not too focused just one bounty.
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jpnl0006
Jr. Member
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July 25, 2020, 10:17:01 AM |
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The importance of escrow service can not be overemphaiszed as it gives to an extent some degree of insurance to avoid unforseen challenges that may occur mostly as it conceerns the services rendered by individuals with no corperate entity backings. escrow servie has helped a lot in its own way and should be applauded.
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