Escrow is a must to avoid disappointment

[wmaurik]

Yes I agree wholeheartedly with the OP. The projects must establish a sense of trust for the bounty hunters by escrowing the bounty amount with a third party and this guranteeing payment.

And after the project failed, they couldn't raise money from the community. In the end, you just get ridiculous tokens and never sell them. It is not a good solution, we need solutions that can help the project to be successful in this market.

To make a successful project. support of a promotion with a bounty is not enough, especially if project that held a promotion is a new project I think they also need to use advertising platform and also have to improve their community.

[1714071384]

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[daglordjames]

I've participated an escrow bounty, but still I'm still disappointed because the bounty campaign that I've participated was fake and I have nothing to do with the reward.

[jademaxsuy]

I've participated an escrow bounty, but still I'm still disappointed because the bounty campaign that I've participated was fake and I have nothing to do with the reward.

I do not understand what escrow bounty you mean. Most of the time escrow bounty had already set the rewards and being trusted to an escrow service. Usually a project like that succeed because the team for sure are not fraud and will do or implement the project. Escrow rewards to a certain project is one way to make sure that the rewards will be distributed to all who participated the promotion of the projects. This is why others are looking for a project like this but there are few then escrow service run away with the rewards and being tag as scammer or fraud.

[erikoy]

I believe that i am the project I promoted has been into escrow payments or it is the owner itself directly pay us to promote the project.  Whichever it is I do believe that using a trusted escrow will do to make payments of rewards available to all who promote the project. But of course scam project do not intend to do.it so for in the first place they are creating a project to scam investors. And it may be hard for the organizer or owner of the project to trust the funds to some escrow service for others were not trusthworthy also even the good escrow service provider especially if huge amount of money being involved.

[Apostlekin$$$]

Escrow is good, it erase the issue of team scamming investors when bounty ends, very good strategy for bounty managers like bounty detective team and julerz12, I hope many more bounty managers will start implementing escrow for bounty hunters

[someone703]

I've participated an escrow bounty, but still I'm still disappointed because the bounty campaign that I've participated was fake and I have nothing to do with the reward.

Not understanding what you are trying to say, do you mean that the bounty you joined became a scam and the tokens became junk and you couldn't sell them at exchanges?

[Pasutinmeur]

I've participated an escrow bounty, but still I'm still disappointed because the bounty campaign that I've participated was fake and I have nothing to do with the reward.

Not understanding what you are trying to say, do you mean that the bounty you joined became a scam and the tokens became junk and you couldn't sell them at exchanges?

He was getting fooled by the scam bounty and he was only wasting a lot of his effort to promote the scam project. In fact, this is not the first time and so many people have been getting the same experience too when the bounty becomes crap and token can't be sold.

[Wingsbtc]

No matter who you are or how smart you are as a bounty hunter, there will come few times when you will choose or promote the wrong projects that won't earn you any penny, escrow can't fixed this, crap tokens will still come around

[Bossfidelity]

Escrow is the best way out for bounty rewards to be secured. With the current nature of the cryptocurrency industry, where integrity is lacking. Bounty managers need to be extra careful in carrying out their job to prevent the project team from playing a fast one on them. I must commend bounty detective for the step taken in the right direction in their use of Escrow.

[totoy4741]

Escrow guarantees that we will get paid for our work but not be very good value in the market. But escrow is a great first step amidst many bounties that don't pay off to hunters. There are several bounty managers implementing this and I think their campaign is worth following

Rewards will be at hunter's hands guaranteed but is does not give you any guarantee of tokens having a value, just like GEOMA DAO, that has been distributed already but still no progress or anything about it getting listed in any exchange. But still, hopefully someone from the moderators implements escrowing Rewards in every bounty projects so bounty hunters will get what they have worked for 100%.

[bitkanu]

Escrow only works to avoid not getting your rewards after bounty ends, understand that this won't solve problem to dump and it won't solve the problem of a project turning dead or useless later

As long as the project can keep the demand and it will not give the dump like what you have already stated above and you must understand the one thing that it's not all of the hunters were also selling their tokens to the exchange sites instantly.

So many times the hunters were still holding their coins in their wallet.

[nicecrypto]

Escrow only works to avoid not getting your rewards after bounty ends, understand that this won't solve problem to dump and it won't solve the problem of a project turning dead or useless later

As long as the project can keep the demand and it will not give the dump like what you have already stated above and you must understand the one thing that it's not all of the hunters were also selling their tokens to the exchange sites instantly.

So many times the hunters were still holding their coins in their wallet.

You are right bro, some hunters don't sell their reward immediately they got it while some sell and move on,  between in most cases, the bounty pool is not usually the reason for a token dump in price, there are other factors involved, what is really bad is when the reward is not paid at all, if team don't want to use escrow and still kept their promise of payment would be nice.

[Toxic_1988]

No matter who you are or how smart you are as a bounty hunter, there will come few times when you will choose or promote the wrong projects that won't earn you any penny, escrow can't fixed this, crap tokens will still come around

At least the escrow provides certainty to the hunters that the reward token has been held by the bounty manager. Regardless of whether the price fell when listing, I think it's a different matter. There are many campaigns that process payments to old hunters, even the projects die and in my opinion escrow provides comfort to hunters to promote the new project.

I participated in many campaigns use escrow, at the end of the campaign I still received those tokens. But they are never listed on exchanges, and I only get these useless tokens. What we need to hope for is their project to be successful and listed on exchanges

At least, you got the coin instead of some promise about 'we will distribute at xx time'. Escrow help to let bounty hunter receive payment, whatever it worthless, don't list on an exchange or has a low price aren't matter anymore. Had you try OTC trading with your coin yet? See, you did have many options for it as long you have it

[Claudio99]

Escrow can't safe you from disappointments in bounty hunting grounds, for example you can get your promised tokens and coins and the value aren't so good, worthless or even pennies, be very wise and choose quality projects, don't aim for how much tokens you will earn.

[Em00n01]

This is so true. I also have the same experience. I have seen many projects decided to reduce the bounty pool if the price of the coin is increased. A project named TokenPay Didn't pay the bounty hunter after the end of bounty campaign. I also participated in that campaign.

[Becky666]

Escrow only works to avoid not getting your rewards after bounty ends, understand that this won't solve problem to dump and it won't solve the problem of a project turning dead or useless later

Correct, what OP wanted was the managers going through the method of escrow participants tokens or coins for their work, than working and not getting paids at the end. We have had many times when campaign participants got nothing in return for their promotional offer on this platform. Though, the problem of dumping aren't going to be solve by the escrow but getting the participants paid is more Paramount. LEDU project got their manager not paid but because the bounty manager escrow their tokens participants are going to get their tokens without disappointments of any sorts.

[ife2020]

Escrow is indeed good, but i think we should emphasize on, a good escrow, a good escrow that will be honest and trustworthy.
because just recently, a Bounty manager and an escrow eloped with Bounty rewards of participants. I think it's both ways, just do it right

[BeginToMine]

Those saying bounty hunters are getting free money should also understand they burnt their data and time so it's a job not a free work. If someone works the person should always get it's reward which is generally done. Bounty lasts a month plus and daily tasks which is normal in every sectors so escrow is highly needed to avoid issues with payment

[fosco333]

Escrow is important either for bounty hunters or bounty manager.
When the manager can guarantee the reward will be paid, many hunters will trust them.
It is good to gain trust from hunters, otherwise there will be no hunters join in your campaigns.

[Kotone]

Escrow is indeed good, but i think we should emphasize on, a good escrow, a good escrow that will be honest and trustworthy.
because just recently, a Bounty manager and an escrow eloped with Bounty rewards of participants. I think it's both ways, just do it right

Thats what you called tempted managers. I dont see why some manager attempt to do this. Anyway if their account is like a member rank or does not have a value then its easy quick exit. But of course the reputation given to him if his a well known manager. Also he cant escape the world, this forum have some details of everyone so no one can run freely. There will be tracks to find you if you commit something bad. Lesson learned, choose a trusted one with so many feedback and experience with others to avoid such incidents.