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Author Topic: BOUNTY AND UNFAIR TREATMENT OF HUNTERS  (Read 621 times)
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September 27, 2020, 08:26:30 PM
 #41

This is "The risk" and I think we all know about that. So as the hunter must prepare anything to face the future of the project.
But i think is not true if blame bounty hunter about dumped price. They just receive around 1% from total allocation and will be split to thousands of participants



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September 27, 2020, 08:48:33 PM
 #42

Yeah it's sad but bounty hunter technically have zero rights against the projects that they are doing their bounty work for.
The argument is always "What do you want, you get free money anyway". But the truth is that most of the tokens you get from altcoin bounties will probably be worth 0 anyway.
If you feel treated badly as a bounty hunter by a project like in the case that OP mentioned you can open a pots in the reputation section of this forum, so that at least everyone knows that a project is not acting ethically.
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September 27, 2020, 08:50:43 PM
 #43

I always put in my mind that I should be ready for managing my risk in case something happens to the bounty campaigns that I've joined. There are several factors in which these bounty campaigns have in store for the hunters, in which they're playing mind games with us.

Such factors are the following:

1. The sudden change of bounty token supply after the bounty campaign is over.
2. The sudden extension of bounty duration (from 8 weeks to 12 weeks or more)
3. Different phases of bounty that doesn't make sense
4. Sudden announcement that all bounty hunters must complete KYC (especially if passport is needed)
5. Distribution of tokens are at least 6 months to a year (it doesn't save the project's token from getting dumped)
6. Tokens are not escrowed. Either team or bounty manager can cheat or exit scam.

And so much more. This is just the sad reality for bounty hunters like us. This should be regulated in the forum, with the exception of those who are stable, reliable and with years of credibility (especially those bounties who are paying in BTC, ETH, XRP, USDT, etc.).

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September 27, 2020, 08:55:17 PM
 #44

This is "The risk" and I think we all know about that. So as the hunter must prepare anything to face the future of the project.
But i think is not true if blame bounty hunter about dumped price. They just receive around 1% from total allocation and will be split to thousands of participants
Just from changing rules and not giving what is required or said amount already shows that the project is not really that good to make it a big thing, that's the reason maybe it didn't attract many investors as the project may be not that useful or the team is not good enough to really succeed fast. Being true to words and considering the participants even the bounty hunter as part of the team or as investors may make their projects more likely to succeed if their good in managing and marketing.

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September 27, 2020, 09:04:36 PM
 #45

If investors are angry or don't like bounty hunters, it's quite simple. Tell the CEO and the project team not to do bounty campaigns and do the marketing themselves.
worth or not it depends on the results you get later after listing, and I also remind you that if this is a risk as a bounty hunter, there is nothing we can do except follow the rules that have been made by the bounty manager and the project team.

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September 27, 2020, 09:24:08 PM
 #46

This is "The risk" and I think we all know about that. So as the hunter must prepare anything to face the future of the project.
But i think is not true if blame bounty hunter about dumped price. They just receive around 1% from total allocation and will be split to thousands of participants
Just from changing rules and not giving what is required or said amount already shows that the project is not really that good to make it a big thing, that's the reason maybe it didn't attract many investors as the project may be not that useful or the team is not good enough to really succeed fast. Being true to words and considering the participants even the bounty hunter as part of the team or as investors may make their projects more likely to succeed if their good in managing and marketing.

You have to consider howmuch the team's percentage of the total amount of tokens and are they in the vault for keeps. If they are readily available for dumps I guess the team has something to do with dumps. I wouldn't be considering joining unless its really a good project to try.  Bounty hunters are not totally getting all the blame for the tokens price dump. Its a fact that hunters are dumping most of the time.


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September 27, 2020, 09:35:55 PM
 #47

Bounty hunters are treated like beggars because they act like beggars.

You can offer them a shitty payment made in some wannaby coin that isn't even listed on any exchange and they'll accept it.

When you guys show the managers and dev teams that you're desperate for money they'll take advantage of you.
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September 27, 2020, 09:49:03 PM
 #48

Bounty hunters are treated like beggars because they act like beggars.

You can offer them a shitty payment made in some wannaby coin that isn't even listed on any exchange and they'll accept it.

When you guys show the managers and dev teams that you're desperate for money they'll take advantage of you.
Some of the bounty hunters are just joining bounty without even knowing the purpose of the project, how much they can get and how much is the value of the bounty this is why they are getting confuse on the end of the bounty.

Hunters are not acting like a beggar, they are just working and helping the team to grow, its just that the dev team are taking the advantage and not committing on their promise date. The manager also have to support the hunters because he’s the voice of the hunters and he’s the one introduces the project to the hunters.

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September 27, 2020, 09:53:13 PM
 #49

Bounty hunters are treated like beggars because they act like beggars.

You can offer them a shitty payment made in some wannaby coin that isn't even listed on any exchange and they'll accept it.

When you guys show the managers and dev teams that you're desperate for money they'll take advantage of you.
Some of the bounty hunters are just joining bounty without even knowing the purpose of the project, how much they can get and how much is the value of the bounty this is why they are getting confuse on the end of the bounty.

Hunters are not acting like a beggar, they are just working and helping the team to grow, its just that the dev team are taking the advantage and not committing on their promise date. The manager also have to support the hunters because he’s the voice of the hunters and he’s the one introduces the project to the hunters.

So for the hunters to avoid this kind of project, he should also do his homework before joining any type of bounty.
Check the reputation of the BM, the foundation of the project, the probability that they will truly implement their mission, the team behind it, and other factors.
If the hunter feels that the project is heading to be a scam, leave the project even if he already wasted effort. Don't waste more.
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September 27, 2020, 10:10:59 PM
 #50

If you think the bounty wont work well, don’t participate and I see good managers that protects the interest of the team and the bounty hunters as well. Delaying the payment is inevitable especially if the dev team needs more time so they can come up into a good project, this is usually normal but I hope if they delay the payment they should also increase the bounty allocation.
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September 28, 2020, 03:38:49 AM
 #51

This is "The risk" and I think we all know about that. So as the hunter must prepare anything to face the future of the project.

It's not the risk anymore but IMO if that's their decision to choose the crap projects. They have a lot of chance to avoid the crap project that will always fool the hunters but in fact they were rushing to get more and more campaign and do all of these campaigns at once without try to DYOR.


But i think is not true if blame bounty hunter about dumped price. They just receive around 1% from total allocation and will be split to thousands of participants
I do agree with it and it's just like when DIA was getting dumped so hard even the bounty didn't yet distributed.

DYOR is a must for any hunters.

The hunters should stop blindly rushing any projects
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September 28, 2020, 03:52:20 AM
 #52

changes in rules that often make bounty hunters disappointed. But, do you know, every bounty manager will tell you that the rules can change at any time, and when we choose to join it means that we are ready to accept all the risks and changes. I am sure, the bounty manager and competent dev team will definitely grant the bounty hunters who have helped promote the project. it's just that, there are some people who take advantage of it to cheat the bounty hunter, so they argue many things by utilizing "change in rule is the right of the organizer", so that a lot of drama appears, rewards are reduced, periods are added without compensation, distribution is postponed, etc.
Come on friends, understand this as a risk, be an educated bounty hunter. As long as changes to rules are still reasonable, we have to accept, if we don't agree, then submit a petition in a polite manner.

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pilosopotasyo
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September 28, 2020, 04:22:17 AM
 #53

It is of no doubt that many investors detest bounty hunters as they usually attribute the fault of price fall and dump to them, instead of blaming the project teams that do not put things in place to make their projects stand out.
Today, the team equally treat the hunters wickedly as if they're beggars after the hunters have completed the tasks assigned to them.

I recently witnessed a bounty pool of $15,000 with a participants of around 2,000. The bounty bounty was first scheduled for 4 weeks and later extended to 20 without a dime added to the pool.

The hunters endure the hash condition to complete the project and the hunters' were still delayed for several months after the bounty ended. When the started to pay, just 20% was released extending the rest of the payment to over 9 months.

Despite all these, the token price is still not attractive. Are all these hash treatments meted on hunters worth it!

Bounty hunters are literally worth pennies bounty hunters will still accept few cents for several months of works a friend experienced that on one bounty campaign named leadwallet where it pays $3 or even less for months of works I will not even surprised if bounty hunters received $1 of works after months of works while the developers are making millions.

BACK FROM A LONG VACATION
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September 28, 2020, 05:03:15 AM
 #54

Welcome to the Altcoin Bounty world here in crypto in which the Most scam and BS place you can find.Sad to heart about your experience but since you are only registered last May in which i believe you are a newbie,now better understand that you are lucky still receiving payments from the team even it is 20% because many of them are not paying,running after the ICO and care nothing but their bagged investments.
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September 28, 2020, 05:33:34 AM
 #55

Bounty hunters are treated like beggars because they act like beggars.
Unfortunately you're right, some bounty hunters are desperate to join a project without even researching if this is legit. So whatever they receive they will blindly accept it or if it turn out to be scam, partly hunters are to blame because not careful on joining and easy to convince for a too good to be true rewards.

There are projects that pays but the price gets easily dump once the hunters sell their rewards. But good projects wont be too affected even this situation happened and it is expected for hunters to sell because they deserves it after months of promoting.

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September 28, 2020, 12:40:29 PM
 #56

It has been like that since bounties started to appear many years ago. That is also true during the golden year of bounties in 2016 and 2017. You can join many bounties and then you will be surprised that there will be extention of dates, and then delays in payment, and also those who declare failure of the project and they cannot pay you even a dime for the work you have given them. Such is the condition in cryptocurrency and there will be more if we are not careful in picking up the right bounty to join.

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orengitu
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September 28, 2020, 01:11:23 PM
 #57

It's been long this kind of thing has been happening. In most of the cases is not the fault of the project managers but that fault of the owner of the project...
They use different techniques to treat hunter badly, some project might even look promising but at the end of the day they won't even pay, at least have seen up to 5 project that I did last year and they promise to pay but till now they haven't said anything about it..
So to me I don't think that there's something Bounty hunter could do and sometimes is  advisable to leave the project whether you detect any kind of scam.

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aioc
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September 28, 2020, 02:04:34 PM
 #58

It's been long this kind of thing has been happening. In most of the cases is not the fault of the project managers but that fault of the owner of the project...
They use different techniques to treat hunter badly, some project might even look promising but at the end of the day they won't even pay, at least have seen up to 5 project that I did last year and they promise to pay but till now they haven't said anything about it..
So to me I don't think that there's something Bounty hunter could do and sometimes is  advisable to leave the project whether you detect any kind of scam.

Not only leave but report them as well so they will be tagged, we have so many scams now and we must help our fellow bounty investors and fellow investors so they will not get scam, if these scammers successfully scam people they will not stop they will continue to scam people, these people will not satisfy as long as they can scam people.

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September 28, 2020, 02:30:17 PM
 #59

It is of no doubt that many investors detest bounty hunters as they usually attribute the fault of price fall and dump to them, instead of blaming the project teams that do not put things in place to make their projects stand out.
Today, the team equally treat the hunters wickedly as if they're beggars after the hunters have completed the tasks assigned to them.

I recently witnessed a bounty pool of $15,000 with a participants of around 2,000. The bounty bounty was first scheduled for 4 weeks and later extended to 20 without a dime added to the pool.

The hunters endure the hash condition to complete the project and the hunters' were still delayed for several months after the bounty ended. When the started to pay, just 20% was released extending the rest of the payment to over 9 months.

Despite all these, the token price is still not attractive. Are all these hash treatments meted on hunters worth it!

Without a dime added to the pool? Damn! man, that's hilarious. I mean, that's one of the worst burglaries I've ever heard. +20 weeks? no matter how legit was the project that's no justice man. They should not made any bounty from the start and those bounty managers really need to excrow the rewards if not, there will be a lot of cases like this to happen in the future. Not just you OP, I witnessed such kind of scenario when I was doing bounties 2 years ago and until now I cannot forget the name of the bounty and the manager who promotes it.

This is the Bounty I'm talking about: https://bitcointalk.org/index.php?topic=5061455.0

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September 28, 2020, 02:36:34 PM
 #60



Without a dime added to the pool? Damn! man, that's hilarious. I mean, that's one of the worst burglaries I've ever heard. +20 weeks? no matter how legit was the project that's no justice man. They should not made any bounty from the start and those bounty managers really need to excrow the rewards if not, there will be a lot of cases like this to happen in the future. Not just you OP, I witnessed such kind of scenario when I was doing bounties 2 years ago and until now I cannot forget the name of the bounty and the manager who promotes it.

This is the Bounty I'm talking about: https://bitcointalk.org/index.php?topic=5061455.0

That was two years ago the bounty manager do not deserve to manage the campaign if he cannot give bounty hunters a fair treatment, I also have a share of bad bounty campaign some of them have bad reports and I support those reports and I guess if you are active in bounty campaign you will have a share of bad bounty campaigns, there are so many bad and scam bounty campaigns.

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