lienfaye
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August 07, 2020, 07:21:16 AM |
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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.
Indeed but for bounties its rare to have an escrow for the rewards unless if its a bitcoin paying campaign because usually the manager itself hold the payment for the campaign that they will manage. It would be better to see a bounties that has an escrow because bounty hunters will be motivated to work since the rewards are guaranteed.
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bonjouros
Jr. Member
Offline
Activity: 307
Merit: 1
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August 07, 2020, 07:25:03 AM |
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There are many bounty managers already that are using an escrow but it cannot be implemented to all as the bounty managers didn't have a control over it.
Not only if all the bounty managers will decide to use an escrow and they will not accept a single project that is against to it. But as you can see, there are many managers out there and it is very difficult to unite them as they are also competing to each other just to get a single client so they can also earn a profit.
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b1k4ng
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August 20, 2020, 11:52:44 AM |
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Yes, bounty detective guarantees payment for bounty hunters, but what I know is that the average project he manages ends badly, why is that? because the bounty average he managed was only produce $15- $20 for 12 weeks of work and that was terrible. I'm talking for signature campaign, maybe for social media campaigns even worse
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timmmers
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August 20, 2020, 12:14:10 PM |
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Because all blockchain transactions do not require an intermediary, they have to be immutable. But, also we can solve this problem by using an unbiased escrow service.
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Annamike
Jr. Member
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Activity: 230
Merit: 1
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August 29, 2020, 09:57:10 PM |
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Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle
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Saisher
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September 17, 2020, 12:52:27 PM |
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Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle
Last project he handle where he escrow was Geomadao, but unfortunately the project was stopped and there's no guaranty of return, but I agree that escrow should be implemented on every bounty campaign that will be implemented, this is to ensure that no bounty hunters will be scammed, this is one of the major complaints of bounty hunters, nobody wants to work for free, we are paying electricity and internet connection and bounty hunters are the one who make the projects looks good.
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palle11
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September 17, 2020, 01:10:59 PM |
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Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.
He only use escrow for few and not all. So his bounty too for those not escrowed can run into problem. Example with clipx, a bounty he handled that just ended began to request for hunters KYC after the end. And they later announced not continuing with the project and planning to return investor's money. This is really not good for hunters to work as slaves.
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Mulann2
Member
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Activity: 686
Merit: 35
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September 17, 2020, 01:16:51 PM |
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Bounty Detective is the only bounty manager using escrow, if many bounty managers start using escrow it will be better.
He only use escrow for few and not all. So his bounty too for those not escrowed can run into problem. Example with clipx, a bounty he handled that just ended began to request for hunters KYC after the end. And they later announced not continuing with the project and planning to return investor's money. This is really not good for hunters to work as slaves. Not all 9f his bounty have escrow but at least most of them he tries to escrow unlike other bm's bm's that are too greedy and won't bother about escrow except negotiate their payment, if any of the other bm's are operating like bounty detective we would have less project trying to screw hunters over.
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Fredomago
Legendary
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Leading Crypto Sports Betting & Casino Platform
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September 17, 2020, 01:17:25 PM |
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Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle
Last project he handle where he escrow was Geomadao, but unfortunately the project was stopped and there's no guaranty of return, but I agree that escrow should be implemented on every bounty campaign that will be implemented, this is to ensure that no bounty hunters will be scammed, this is one of the major complaints of bounty hunters, nobody wants to work for free, we are paying electricity and internet connection and bounty hunters are the one who make the projects looks good. For hunters who are seeking for great opportunities, the escrow will play important role as they are giving good breathing for every participants, after the works has been made they can expect rewards to be send inside their wallets. Escrow gives that assurance hunters will be paid after doing their efforts helping the project being advertise around both inside the forum and all social media channels.
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palle11
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September 17, 2020, 02:56:47 PM |
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but it looks like it can't because many bounty managers come from the project team itself.
The problem is with bounty hunters most times. If you have such knowledge and you kept quiet and join, you should know you are going to have an exit scam. If a bounty manager is part of the team, is easier to be scammed than a reputable manager.
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Kasabus
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September 17, 2020, 03:11:25 PM |
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Julerz has always been my best Bounty manager, he always made sure hunters get paid for their work and that why he always escrow for his bounties, I just wish other Bounty mangers can follow in his footsteps, though Bounty Detectives are working towards that angle
Last project he handle where he escrow was Geomadao, but unfortunately the project was stopped and there's no guaranty of return, but I agree that escrow should be implemented on every bounty campaign that will be implemented, this is to ensure that no bounty hunters will be scammed, this is one of the major complaints of bounty hunters, nobody wants to work for free, we are paying electricity and internet connection and bounty hunters are the one who make the projects looks good. It's a good thing for us bounty hunters that escrow is being introduced so that our efforts and hardwork will be totally paid off. Although only few of the bounty managers are using it now but sooner most of the bounty managers will be encourage to start using it too. With this, scam projects will be avoided and will surely be lessen too.
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Davian144
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September 17, 2020, 03:15:53 PM |
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Yes, we need an escrow so that the team can't do anything, such as reducing the bounty allocation or not paying for the hunter's hard work, but it looks like it can't because many bounty managers come from the project team itself.
It's not impossible, but sometimes they don't want to assign someone to be their escrow, because the person who is used for escrow must also be paid by the project team and usually that person is someone who is truly trusted in this forum.
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Chainsmokers
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September 17, 2020, 03:32:16 PM |
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no one can trusted in the world of crypto always a lot of scams in many ways moreover we are talking about a new project that is make a bounty many of the reasons they were when distribution started of the allocation deduction doesn't even pay off at all, Escrow way will make a bounty hunter smile as some managers do
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bobyhodob
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September 17, 2020, 04:05:01 PM |
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no one can trusted in the world of crypto always a lot of scams in many ways moreover we are talking about a new project that is make a bounty many of the reasons they were when distribution started of the allocation deduction doesn't even pay off at all, Escrow way will make a bounty hunter smile as some managers do
indeed only by escrowing will make the bounty campaign trip run smoothly and usually those who make payments using bitcoin or ethereum will first escrow, unfortunately if using tokens I think few are escrowing which ultimately makes many projects fail or have very cheap prices because there is no support at all from the developer.
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sulendra12
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September 17, 2020, 04:15:46 PM |
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Escrow is good, yes. It's good to attract more bounty members and investors as they think they care with the community and want to reserve the pool for advertisement.
But if the tokens are not valuable in the market then those coins are surely useless. We have already tired get paid with useless tokens which become nothing on the exchange, we have seen that continuously.
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cassavachips
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September 17, 2020, 04:43:58 PM |
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This is true, everyone should use escrow to ensure the safety of funds for bounty hunter payments, many projects and bounty managers do not pay attention to this and bounty hunters are always victims. And there should be a definite agreement for bounties that use KYC or not, this is very torturous for bounty hunters. If KYC is really needed for the bounty campaign, I hope there is a platform to do KYC and it can be used to participate in bounty campaigns that require KYC. Such a system can protect bounty hunter data from misuse of data by the bounty manager or the project. Hopefully someone will voice and hear my writing.
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Lorokan
Member
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Activity: 421
Merit: 47
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September 18, 2020, 10:39:03 AM |
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I feel like using escrow is definitely not a solution to fraudulent projects who refuse to pay promoters. We have seen a case where tokens get escrowed and the devs created new tokens hereby making escrowed funds useless.
Key solutions to avoid disappointment is an escrow in stable coin or notable coins
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kkaroul4
Sr. Member
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Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
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September 18, 2020, 03:47:02 PM |
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Yes it would be better if most bounty managers will use an escrow but the problem is most of the bounty campaigns right now their tokens are locked until some point but they choose to run a campaign in order to attract early investors and investors on pre-sale so I think you will rarely find projects like that also escrow is an optional since there's no rule here in the forum that it is mandatory.
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$anounimus$
Sr. Member
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Activity: 1834
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Buzz App - Spin wheel, farm rewards
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September 18, 2020, 05:06:20 PM |
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It is a good suggestion to remind managers to use ESCROW but before the condition of a project is inversely proportional. It is better to do an initial check yourself before deciding to participate in it because changes can occur at any time because BM cannot guarantee the success of a project. This just my opinion.
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Dr.Osh
Legendary
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Activity: 2800
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Buzz App - Spin wheel, farm rewards
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September 18, 2020, 05:27:49 PM |
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Escrow is good, yes. It's good to attract more bounty members and investors as they think they care with the community and want to reserve the pool for advertisement.
But if the tokens are not valuable in the market then those coins are surely useless. We have already tired get paid with useless tokens which become nothing on the exchange, we have seen that continuously.
token with value, and using escrow, that would be very good for now. It seems like some of the current bounties have tricked the participants, even their coins are unlikely to list in any market. One of the advantages that can be seen from a project that already has a market, and using escrow is, the risk of a scammer is very small. however, escrow is highly recommended.
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