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Author Topic: Escrow is a must to avoid disappointment  (Read 1037 times)
bgaf
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July 25, 2020, 10:18:06 AM
 #61

Escrow is good. But we cant force some projects to give off their tokens to manager especially if the manager is not trusted or known to have reputation. I think there are some manager who can do escrow like julerz12 also aside from BountyDetective. This is the difference from bitcoin paid campaign since the manager are paying in btc and easily can be escrow to them like Hhampuz. But we can only see rare managers like that most dont do that and turn into scam.
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July 25, 2020, 10:18:27 AM
 #62

I also think it's the safest and best option for bounty hunters like us. I have been going through 8 months of continuous work but don't get any coins. all due to no deposit or some Covid 19 issues, I am very sad that my income has been much worse than 2 years ago. If there are no good bounty campaigns and no benefits guaranteed for bounty hunters, I will quit my job.
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July 25, 2020, 10:18:58 AM
 #63

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.

Correct.
I saw that too.
Even with the most trusted member doing escrow, it ends there.

The project can still fail and that coin will just be another trash in your wallet.
It's difficult to make arrangement on how bounty hunters could be assured to be paid.
It had always been a risk when you join those bounties. You cannot assume it will always end up better.
Best thing you could do is filter what project you will join in.
imstillthebest
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July 25, 2020, 10:34:16 AM
 #64

I also think it's the safest and best option for bounty hunters like us. I have been going through 8 months of continuous work but don't get any coins. all due to no deposit or some Covid 19 issues, I am very sad that my income has been much worse than 2 years ago. If there are no good bounty campaigns and no benefits guaranteed for bounty hunters, I will quit my job.

8 months is alot but there is a user before that done over 1 year of working and not getting paid  .i feel the pain on it  . your income is affected but your recieving a payment , not bad and why planning to quit  ? do you know what will happen to you when you quit your job   . what if you have people depend on you , if not your going to depend on other people which looks more unpleasant   . lets only hope for the best on bounty , who  knows they will consider this proposal of using an escrow
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July 25, 2020, 01:10:52 PM
 #65

That time will come and now that many more people are joining bounties it's the best time to start using escrow and limited participants, I will definitely follow such bounty managers that take this more serious, I hope bubbalex start using escrow in near future just like bounty detective
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July 25, 2020, 01:38:26 PM
 #66

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.
Exactly, some new project team Act like our work promoting very easy, and they even angry with us but they forget our hard work, as You  say Bounty Detective is the manager using escrow but participant is too much, so need to think about limitation rules.
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July 25, 2020, 01:44:22 PM
 #67

That time will come and now that many more people are joining bounties it's the best time to start using escrow and limited participants, I will definitely follow such bounty managers that take this more serious, I hope bubbalex start using escrow in near future just like bounty detective

It's up to bounty hunters to demand and support projects that escrow their bounty, bounty hunters are more than willing to work on longer projects and with whatever rules manager will implement as long as their bounty is guaranteed, we all want to receive what we've worked for, for a long time.
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July 25, 2020, 01:48:07 PM
 #68

That time will come and now that many more people are joining bounties it's the best time to start using escrow and limited participants, I will definitely follow such bounty managers that take this more serious, I hope bubbalex start using escrow in near future just like bounty detective
As far as I know the bounty detective was not handle the distribution but the distribution has been doing by the team itself, CMIIW.
Escrow is a must as it will give more guarantee to the promoters of the project. In fact so many times hunters were getting fooled by the scam project.

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July 25, 2020, 01:58:44 PM
 #69

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.
there was such thing happening in bounty when the manager holds the reserved fund for bounty or promotion as an escrow but I don't know why the practice stopped since then. It's still a good thing if the manager hold the fund as escrow so that there won't be some parties that feels unfair. need to note though, the person handling escrow should be really trusted, because we are not talking about small money.

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July 25, 2020, 02:00:02 PM
Last edit: July 25, 2020, 03:35:05 PM by Mpamaegbu
 #70

Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.
Some people will disagree with you on this. I for one. I participated in the AMZ bounty managed by Bounty Detective. But the whole thing was reorganised by the AMZ team after bounty was over as they started asking for KYC. I refused to submit my KYC because I smelt something fishy. The team burnt my 3771 tokens. BD was helpless and couldn't do anything on that. If BD had escrowed the rewards all that wouldn't have happened because my conclusion is that AMZ never wanted to pay participants from the beginning. Otherwise why distribute and then lock the tokens up on their site in the first place when it wasn't originally in the bounty OP? So, I don't think BD is exceptional when it comes to the escrow thing.

I think hunters who don't want to do a KYC should always avoid any bounty that has this as caveat: KYC is not required for the bounty campaign. However, the project team has the right to require KYC for suspicious cases. It's a subtle way of telling you they will definitely ask for KYC.

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Lantind
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July 25, 2020, 02:08:47 PM
 #71

That time will come and now that many more people are joining bounties it's the best time to start using escrow and limited participants, I will definitely follow such bounty managers that take this more serious, I hope bubbalex start using escrow in near future just like bounty detective
For Bubbalex managers, they will definitely consider this, because he is a manager who is very thorough and on time doing his work when holding a bounty, so be calm for that because everything will be answered over time.
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July 25, 2020, 02:37:32 PM
 #72

I think there have been a lot of projects that created escrow fund for their bounty projects. Actually, I have joined a number of bounty campaigns before. But again, whether rewards are given but if the market does not support it, the value of the stakes distributed would still be worthless.
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July 25, 2020, 02:42:26 PM
 #73

That time will come and now that many more people are joining bounties it's the best time to start using escrow and limited participants, I will definitely follow such bounty managers that take this more serious, I hope bubbalex start using escrow in near future just like bounty detective
Bounty managers now are far professional, I also follow Bounty Detective,
reportedly they do use Escrow and it's good for bounties in the future, bounties will come back to life

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flagpara
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July 25, 2020, 04:35:11 PM
 #74

By escrow or by something else, bounty detective is doing a good job. But bounty detective is managing so many campaigns at a time, failed chance has more. Bitwings never did another audit, they making new rules to reject more users. We should advise everyone, so that they don't invest any money in bitwings. Some rules should be updated to officially manage accounts.

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July 26, 2020, 04:46:04 PM
 #75

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 you’re right about that, if all the bounty managers will be doing that and making use of escrow to secure the payment for bounty hunters it would be really cool. It’s quite frustrating what bounty hunters have to go through sometimes, it’s not easy to do all those jobs and work hard and at the end people will underrate the work you do and then you get paid pennies or nothing.

People just like to blame bounty for everything, they even blame them when the price of tokens fall, forgetting that bounty hunters are not investors, they are just working to promote a token and the tokens they get after that is their payment for their hard work.
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July 26, 2020, 05:26:27 PM
 #76

Yes, I think we need to deal with the problem of withholding the bounty reward, delay, or sometimes, even won't giving it. Every time like that, bounty manager from team can give various reasons and excuse they want to justify it. Only a 3rd party in charge of escrow the progress of distributing bounty reward should be task for this job.
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July 26, 2020, 05:48:53 PM
 #77

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 have seen a lot of bounty use escrow, but honestly the result is not so good. There are still many projects that have collapsed and become scams and bounty hunters only get useless tokens and cannot sell them.

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July 26, 2020, 06:46:13 PM
 #78

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.
Why we should embrace the escrow of a things is, the bounty section had long time experience severe pains on the ass of the hunters, many had spend time, resources and nothing was paid to them after promotions. Some of these  cryptocurrency projects even succeeded and never care to get the interest of the hunters at heart. Escrow will play a vital role in ensuring that bounty hunter's get their pay as they meet their targets. I will be in support of those who insists for forum projects to always escrow their coins or tokens before promotion.

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July 26, 2020, 07:02:26 PM
 #79

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've known a bounty manager named Julerz who is definitely using a trusted escrow for guaranteeing payments to the hunters. I think honestly that a legit escrow had a huge advantage for both parties, making sure that everything is settled and accomplished in a right way.

Like there are some bounty managers out there who had no guarantee of their trust. The project would allocate tokens to them for distribution, but there's a chance that they would run away with that. For me, I think escrow is really necessary for bounty distribution.
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July 26, 2020, 07:18:48 PM
 #80

I can't disagree with you. What Bitwings team did only shameless scammer can do that. Bitwings is running their sale like for two years, yet they did not reach the soft cap, lol! No one bought their shit, so they got angry with bounty hunters! Bounty Detective and Bubbalex are doing better now! Only escrow can save bounty hunters' reputation; otherwise, it feels terrible when a successful project bans you when you ask for payment even after one year later!   

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