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Author Topic: Escrow is a must to avoid disappointment  (Read 1036 times)
conkeconke
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August 02, 2020, 07:46:33 PM
 #121

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
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August 03, 2020, 05:42:22 AM
 #122

the bad news is that the bounty detective is promoting the kingcasino scam project, even though they guarantee tokens from the project but see now they are helping the scamer.we do not know how much the total loss experienced by investors.
I hope they will be more selective in choosing projects to promote.

It's inevitable and there's nothing we can do about it when team itself planned to exit scam in the end because of greed. I think BMs did their part to verify the legitimacy as much as they could and even agreed on escrow payment as i know of but KingCasino team did horrible that everyone not expected it. Sadly, it's total loss to investors and hunters who joined promoting it for 12 week wherein time and efforts got wasted.

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August 03, 2020, 06:02:40 AM
 #123

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
Yes, the project choice is always open to be chosen by each bounty participant, but all participants will obviously choose what they believe in and he likes according to the considerations he has researched first, such as his escrow and others as well.

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August 03, 2020, 07:11:31 AM
 #124

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
Yes, the project choice is always open to be chosen by each bounty participant, but all participants will obviously choose what they believe in and he likes according to the considerations he has researched first, such as his escrow and others as well.
I agree on that i believe that bounty hunters will always choose what they beleive, but the safest bounty is the bounty campaign that has an escrow, if there is an escrow there is an asurance of earning and the bounty hunter work could never been wasted, there are now so many bounty hunters that become disappointed now a days because there are so many scam project that doesnt pay hunters that is why they search for the campaign that has an escrow.

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August 03, 2020, 07:35:04 AM
 #125

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
escrow just helps you get your coins. I have hundreds of companies that paid me my tokens, but these companies have become a scam and my tokens is equal to 0$. they didn't even trade on exchanges






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August 03, 2020, 09:10:06 AM
 #126

Bounties that have escrow have payment guarantees by bounty managers, but bounties now rarely use escrow services because they have the intention to reduce allocations or won't even distribute tokens.
It caused by the manager didn't wanna try to discuss about that but some managers have already started to do this to make its participants to get what they have deserved before.
The scam projects will always try to think how to fool the hunters.

Not necessarily. Any project can have the intention to be bad even with escrow and I experienced this myself personally in crypto,,, whereas I have also been in completely honest projects with no escrow and they pay and keep their words as they always have. So let us not jump to conclusions I agree escrow is good but it is not a 100% marker of anything.

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August 03, 2020, 09:26:31 AM
 #127

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
But it cost money to hire an escrow to hold funds, i don't know how much though but it differs per escrow, that's just additional fee for the developers on top of the payment for hunters.
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August 03, 2020, 10:37:10 AM
 #128

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
escrow just helps you get your coins. I have hundreds of companies that paid me my tokens, but these companies have become a scam and my tokens is equal to 0$. they didn't even trade on exchanges


I have about the same statistics, but still there are a couple of projects that did not pay anything, and now they are trading on the exchange and feel good.

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August 03, 2020, 10:42:57 AM
 #129

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
I am not concerned about escrow, what makes me interested is the quality of that project. If they were to make an IEO at a major exchange in this market then I believe they would not need a deposit, and we would definitely get their money from them.
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August 03, 2020, 11:42:19 AM
 #130

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 Really disappoint to bitwing i think this is worst project and they don’t want to paying bounty hunter, i am active every time but they delete me for inactivity, now i agree that every project need to escrow, Bounty Detective already launch escrow bounty this is appreciated.
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August 03, 2020, 11:46:24 AM
 #131

Escrow is a good way to ensure bounty hunters receive reward but it also depend on the project. Take DogData for example had their bounty campaign and did escrow with a bounty management but changed their smart contract few days before IEO making the tokens useless for hunters and when they finally send tradable tokens months later, the whole campaign token is worth $20. If a project team has no remorse or even conscience to appreciate hunters and pay for the effort they took to promote their project. It all depends on the project, if a project is good and honest, even without escrow they will still pay hunters for example Cartesi.
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August 03, 2020, 11:52:05 AM
 #132

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 also agree escrow would help a lot not just for bounty hunters but to also keep this hunting business running.
If things continue I think we would have less and less hunters joining the campaigns I remember back in 2017 most of the bounty campaigns would have over hundreds of participants and now look at some of the bounties spreadsheets.
I know that there are some who would continue on working as a bounty hunter but imagine having only few promoters of their project it wouldn't much effect for their publicity.



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August 03, 2020, 04:57:30 PM
 #133

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
But it cost money to hire an escrow to hold funds, i don't know how much though but it differs per escrow, that's just additional fee for the developers on top of the payment for hunters.
that's the thing to think about for every developer who wants to use escrow. at the very least, they can increase trust in bounty hunters by the way they hire escrow. Another example is, enough people pay attention to the current bounty detective or Murat. however, escrow adds value to a project.
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August 03, 2020, 07:08:40 PM
 #134

Forget about the Bitwings scam project. They are running the sale for almost two years, they conducted IEO on all shit exchange like P2PB2B, Exmarkets, and then again extended the ICO  sale for another year. Now they deceived the bounty hunters, a real example of scam bounty! After DigitalBits, Bitwings scamming its promoters, I am afraid VID Camera (VI) may outwit their hunters too! So, escrow is the solution here. I like Bounty Detective's escrow service, that's why I joined in their campaign, at least my payment is confirmed here! All the well-known bounty manager should start the escrow system!

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SistaFista
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August 04, 2020, 03:15:00 AM
 #135

Yeah, bounty detective is the most reliable bounty manager in my personal opinion.
The manager of the bounty should take full responsibility to ensure the payment will be sent to the participants, so their campaign can attract more participants. Im very picky when i want to join bounty, particularly signature campaign because you can only participate in one campaign at the time.

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CuriousGeorge
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August 04, 2020, 04:28:37 AM
 #136

In my priority, if there is two projects, one have the escrow and one doesn't have it then, of course, I would go for the one have it in a heartbeat. I wish escrow would be a mandatory for every bounty campaign in bitcointalk.
escrow just helps you get your coins. I have hundreds of companies that paid me my tokens, but these companies have become a scam and my tokens is equal to 0$. they didn't even trade on exchanges


I have about the same statistics, but still there are a couple of projects that did not pay anything, and now they are trading on the exchange and feel good.

Token pay is the best example that can be seen by anyone about how crap the project that didn't pay the hunters when the team has already gotten million dollars of money.

They were not getting a lot of demand caused by there was a big question about their reputation.

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Phoenix_PROG
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August 04, 2020, 09:01:49 AM
 #137

I'm sorry to say but I don't believe that bounty detective is using real escrow payment for bounty hunters, I believe they are using escrow to deceive bounty hunters to have far more bounty hunters following them, this reason why I bring this up is because bounty detective delay payments, if they are truly escrowed they should pay right after bounty is over
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August 04, 2020, 09:13:48 AM
 #138

Actually there is no benefit. Bounty Managers holding the coin & after that, they distribute the coin to bounty hunters but if the coin didn't add to any exchanger or projects is fail. What are the benefits? Saw many projects that paid bounty hunters but finally, the project is a scam. Better to join quality campaign & try to join under the reputed bounty managers like yahoo,julerzz,bubbalex
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August 04, 2020, 09:15:20 AM
 #139

Escrow is good but will be useless if the project did not reach the  soft cap or the developer did not push through on the developer or scam people, it's recommended to escrow the allocated rewards but do not celebrate and instead look on the project to see that they will reach the market because the token your holding is worthless unless there is a market for this.
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August 04, 2020, 09:16:38 AM
 #140

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 agree with that idea escrow for the bounty payments is a must to avoid that kind scenario later, although that the project team can replace a new token especially the ERC20 token if they want too. But I'm sure it has a big reason to do that, Anyway, I appreciate the Bounty Detective team doing to implement escrow and introduce a guaranteed bounty campaign payment for its bounty participants.  
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