Would you agree to insure your participation in the bounty company?

[Galley]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

[Baofeng]

Nah, that's too far fetch though in my opinion. I think the best way to handle this is let the bounty manager escrow the funds or the tokens for his campaign so that the bounty hunters are going to be paid in the end. Why would you have to pay a fee then when you they can just escrow it? Doesn't makes any sense to shell out money in the first place. Your job is to promote as bounty hunters and getting paid in the end.

[Jating]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

Lol, bounty hunters shouldn't pay a fee for a guarantee payment. The project itself should be the one who need to take care of it, that is if they are not scammers. However, for the legit ones, I don't think we need such kind of setup though.

And I would agree as what @Baofeng said, bounty managers should ask the project to escrow in advance the tokens or at least the payment scheme before accepting the job to ensure that we (managers and participants), are not going to waste time handling and promoting that project.

[tycsols]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

I think such a service should be helpful and hunters would be able to work and perform the tasks with complete peace of mind because they will be sure to get paid but i think the fee should be negligible or really low for bounty hunters while for investors it can be slightly higher.

[ryzaadit]

Agre all not, all depends on the type of bounty, term condition and your self. Because we doesn't know the type of project/bounty why they need a fee and for what's, also all depends on your action. Fells free not to join the bounty when you doesn't agree to payed some fee and other things by joined their project, not every project want to always same as other.

There a few action why the team project asking about fee, could be they asking a small tx for looking some cheating participating by see from who is the sender address. Cheater will be hard and spent so much fee by doing the transaction also if we see too from the sender address that's would be more hard for him to always using fresh sender address every transaction he made.

[Gibreil]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

I don`t agree, why? Because when there is no insurance, we have been scammed no matter how the project seen by the people. Scammers will take it as their advantage in order to fool people again. They will always front the words insurance and people will easily joined them.

If I will modify the system of bounty hunting, I want that every project will release payment half in bitcoin and half with their coins. And they should pay the half first when the bpunty was done. But I know it won`t happen after all.

[aprilnot]

what we need is not insurance, but escrow. insurance may be good but for rewards that we do not know the price is something that is detrimental. it could be that the insurance fee is more expensive than the token reward price that we get. there are many projects like this the price when the market does not match the time of tokensales. So insurance isn't that great. and escrow is the right choice, with this the project team will not go around.

[Tipstar]

Bounty participants would readily agree at current situation where 90% of them get no or substandard reward for their effort. It would be like insuring their work.
On the other hand investors would want a real profit, they would not like to hear something like compensation for your loss. But still it's amazing how so much people invest in obvious scams. It's better to keep your money on bank than to risk it on a project that you are not confident of.

[Jawhead999]

Do you think this will be implemented? it's just useless. Rather than Insurance, escrow is a best way to avoid getting scammed. Scam project never care about that, if they can't get reputable manager... they still can get a newbie manager or not using campaign manager. Also bounty hunters doesn't care and still joining scam bounty

Scam in bounties will never stop, it's your choice and risk become bounty hunters.

[Kotone]

Bounty hunters joins the campaigns without payment now you wanted to suggest a payment for a guaranteed service. Im not sure if that will work cause they will ignore it. Usually hunters are doing promotional marketing to earn funds but of course they hesitant if the campaign launched has payment.

I remember there is a project asking for payment for the bounty tokens. Thats suck to know cause you need to cover the fee. It shows how poor is the project it is.

[coin-investor]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

This is outrageous paying just to promote a project, I will never participate in a project that will oblige you to pay just to promote the project even if the project is legit, this should never be implemented bounty hunters suffers a lot from delayed, abuse and low paid and this is like adding insult to injury.

[AmoreJaz]

Nah, that's too far fetch though in my opinion. I think the best way to handle this is let the bounty manager escrow the funds or the tokens for his campaign so that the bounty hunters are going to be paid in the end. Why would you have to pay a fee then when you they can just escrow it? Doesn't makes any sense to shell out money in the first place. Your job is to promote as bounty hunters and getting paid in the end.

and most bounty hunters dont have money to pay for such fee. the reason why they are hunting in the first place. not a good idea for bounty hunting. better escrow the funds to reputable individuals here.  if a project will do such pay-first bounty program, i dont think they will get the necessary number of users here. or better yet, no one at all will be interested on the project especially if it is like a low-rate project

[Saisher]

if a project will do such pay-first bounty program, i dont think they will get the necessary number of users here. or better yet, no one at all will be interested on the project especially if it is like a low-rate project

This is a silly post who would want to participate in a project that you will have to pay just to promote a project, and what project will do that it sounds more like a scam give away where you have to pay first before you get your give away, I consider this project as a potential scam, fortunately there is no such project running now.

[meanwords]

There are different kinds of bounty failures right? Examples are ICO failures or a company scamming the bounty hunters. In this case, escrows would be pretty much useless since the token that we would get is useless.

I think the question here is that what kind of compensation would we get from that insurance? Are we going to get the same useless tokens? or are we going to be compensated in Bitcoin? Because if a reputable company somehow does this, the chances are we are going to get quality projects that would most likely pay.

I'd consider this as long as the terms are reasonable to the point that bounty hunters can still profit.

[Eco_111]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

What fee are you talking about? Cartesi participants for example never paid any fee, they joined and promote for free and get paid for their work, any bounty asking for few is a scam, stay away from such project

[PerfectCircle]

What good are the tokens if the project isn't successful? You will be trapped with a shitcoin in your wallet anyway, this is why I don't 100% rely on escrow bounties because not all of them are good, it's still down to the quality of the projects.

[lousie9]

Am I the only one who disagrees with that? In my opinion, being a project promoter does not always get a definite payment, especially if you have to pay even if you get a remuneration payment guarantee. in my opinion this is not a good idea, the profession of being a bounty hunter is of course to receive free tokens then exchange them into money.

[Wingsbtc]

It looks, of course, it's a little fantastic, but why not. Imagine for a second that let's say, purely hypothetically, Lloyd Corporation, which has vast experience in insuring unusual and unique risks, offers bounty hunters to ensure their participation in a bounty company, for example, such a project as Cartesi. You pay a fee, depending on the risk, and in return, you receive guarantees of payment of remuneration for the work done, even in the event of a bounty failure. It is interesting to hear your opinion, do you agree to such conditions? Something similar would apply to investors.

Paying fee for payment guarantee? How will this work without you getting scammed yourself? When it comes to paying money first it's a big red flag waving in the sky, it's better to find escrow bounty Campaigns

[Erumo]

I would agree to be insured against not distribution and project postpones to get listed. As a bounty hunter, I would agree to pay some percentage of my rewards for that. Question is - who will take that risk? Bounty projects ? That is stupid. Be insured by same person I'm taking insurance of. Some reputed forum or cryptocurrency member? Who will take that kind of responsibility?

[Warkop]

I personally don't agree with what you are suggesting for this, because in my opinion when bounty hunters pay bail, it is not certain that they will give the reward that can be expected according to the existing agreement, not only that if the project fails, or the project is a scam. We didn't get any prizes and the security deposit we used just disappeared. I think your idea is very bad and poses a huge risk to bounty hunters.