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Author Topic: Escrow is a must to avoid disappointment  (Read 1037 times)
Ayiranorea
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September 18, 2020, 05:54:51 PM
 #201

Disappointment out of the rewards and profiting associated with cryptocurrencies were very common. An escrow is used as an assuring bridge between the sender and the receiver. When we're part of reward program or some other promotional activities conducted by the trusted members of the platform even when there is no escrow we're on the safe side. So the disappointments of different users were out of the proper learning about the need for escrow.

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xOdiumNostrumx
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September 20, 2020, 07:50:54 AM
 #202

Escrowing bounty tokens would definitely be a right step forward to secure the payment to bounty participants, but I assume not many projects are prepared to do that. I noticed that some bounty platforms (like the bounty0x) have started accepting only bounty hosts that provide their tokens to the escrow and I think that others should adopt this strategy as well.
olabiyijummy02
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November 05, 2020, 05:57:04 PM
 #203

I can't differ with you. What Bitwings group did just improper con artist can do that. Bitwings is running their deal like for a very long time, yet they didn't arrive at the delicate cap, lol! Nobody purchased their crap, so they blew up with abundance trackers! Abundance Detective and Bubbalex are improving at this point! No one but escrow can spare abundance trackers' standing; else, it feels awful when an effective venture boycotts you when you request installment even following one year later!

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dotcoin.info
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November 05, 2020, 07:25:33 PM
 #204

I agree. There is no guarantee that the tokens will be worth decent money, but it is much better to know that the tokens are in a safe place, and the hunters will get them anyway.
Unfortunately, very few projects go this turn. After all, this is not difficult.
If the project is afraid of a price dump, then it will be enough to conclude an agreement in which it will be spelled out under what market conditions the hunters receive payments from the escrow.

Dondeon
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November 05, 2020, 07:35:08 PM
 #205

If I can remember, so many post have been made about this same issue on this forum, I feel this is not the solution, the only thing that can put a stop to bounty hunters been cheated is to be selective when it comes to participating in bounty campaign. If you and I don't take part in campaigns without escrow, they will be forced to use escrow.

Anonymous100
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November 05, 2020, 10:15:24 PM
 #206

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.

Escrow is indeed a way to keep participants guaranteed payment for their work. However, if the Escrow comes from the project manager, there is also no guarantee that participants will get work wages. Because project managers often throw tantrums after the bounty is over. I think Escrow is a third party would be better suited than a project manager.

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November 05, 2020, 10:25:47 PM
 #207

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.

Escrow is indeed a way to keep participants guaranteed payment for their work. However, if the Escrow comes from the project manager, there is also no guarantee that participants will get work wages. Because project managers often throw tantrums after the bounty is over. I think Escrow is a third party would be better suited than a project manager.
Depends on whose that project manager had been handling of those coins this is why its important to look at on whose the manager that been holding of the bounty program.
If you do saw that its part of the team or not yet known on this forum then better to pass out and find for another one.It had been suggested for how many times about
escrow thing about bounty payments but it hadnt been followed nor considered by those projects that do plan to launch the program.Is there something we can do?
Nothing! because teams decision would always be final thats why dont expect for these escrow matter to be implied.

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November 05, 2020, 10:34:44 PM
 #208

If this Escrow is applied to all sections of the forum, people's fears will disappear, they will work with confidence, the number of bounty hunters will increase, and the BitcoinTalk community will be safer than before, for years, we have not found the appropriate solution to deter scammers. I think the Escrow decision will be the most appropriate solution.

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November 05, 2020, 10:36:12 PM
 #209

It seems that now there is a new problem again, I see several managers who use escrow services or the token is in the manager's wallet but the team doesn't want to send gas to the manager so it keeps delaying distribution or won't even be distributed as long as the team doesn't send gas (troublesome thing)

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February 08, 2021, 08:01:45 PM
 #210

Not only is the "bounty detective" manager making an escrow process, others already did it. Escrow is now my favorite process, although all campaigns should be legitmate by my assumption. I missed my USDT rewards from the "Injective protocol" campaign. We can't stop scam bounty managers or bounty hunters. In the bear market we filter so many processes, but during bullrun we don't care about those processes.
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March 05, 2021, 11:21:40 PM
 #211

The tokens that bounty hunters get are legitimately acquired by them for their persistent effort done to advance the project. Fundamental exposure and marketing are accomplished by the projects because of the work done by the bounty hunters. I simply trust numerous projects will prevail in this market and are listed in different exchanges. I concur with your point that each bounty administrator should begin utilizing escrow.

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