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Author Topic: DEGO - The hunters were deceived.  (Read 780 times)
Cryptoreflector_666 (OP)
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October 28, 2020, 05:40:17 PM
Last edit: October 28, 2020, 05:56:18 PM by Cryptoreflector_666
Merited by suchmoon (4), nutildah (1)
 #1

What happened? The dego team changed the payment terms for a 100-day smart contract on the last day. Also, payments will not be made directly to the hunters ' wallet, but through the team's platform. gas fee fully fall on the hunters. And if you take into account the cost of the gas fee, many hunters will not get anything.

Bounty topic:
https://bitcointalk.org/index.php?topic=5272474.0

Website:
https://dego.finance/home

Manager:
https://bitcointalk.org/index.php?action=profile;u=1110071
https://t.me/fatemabounty

Message from Dego team: https://t.me/fatemabounty/12004
Quote
Dear DEGO bounty hunters,

First, we will 100% distribute 100K DEGO to the bounty hunters who participating in DEGO tasks.

After many considerations, the DEGO core team made the following processing for the bounty distribution.

1) Once counting all the data, we will enter all the addresses into the contract, and hunters can claim at any time.

2) Each address will get 20% initially, and the rest will be distributed in 100 days, and 0.8% every day.

The smart contract will be created before 10th November. At that time, you will see the Bounty icon on the website. Once the wallet address is connected to the website, you will see the token to be claimed.

We apologize for the delay and hope you can understand our situation. We want to keep the price stable, and you also can sell it at a high price. Thanks.

*If you want to update your address for using the wallet, please connect the bounty manager.(Rule 7 on Bounty thread)

**The bounty manager and the project team reserve the right to make changes to the conditions at any time.

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thesmallgod
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October 28, 2020, 06:05:48 PM
 #2

This is nothing new. Something worse has been done to hunters by the dev team in the past. To clear any doubt, try and search for a project called asobi. They lied and told bounty hunters their token will be distributed in batches up till date many of us didn't get the token. Its been 2 years now.
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October 28, 2020, 06:12:47 PM
 #3

The very division of the reward is not surprising, but it is sad that in order to get tokens, we now need to pay the cost of gas ourselves, and if you carefully look at the electronic table, then indeed many tokens do not have so much to afford it, another example of how hunters are trying to blame everything and limit, if the number of tokens that the miners themselves produce, then the hunters would not affect the course so much, but they are not limited, since they buy picks, as usual, who has the money is right, and honest work for the good of the company is so poorly evaluated.
Bounty Manager Fatemablabla did its job perfectly, until the last tried to change the situation, it is not her fault

◆ ━━━━❪✇ Bounty Campaign Manager ✇❫━━━━ ◆
*►*►*►  CONTACT ME FOR BUSINESS PROPOSAL◄*◄*◄
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October 28, 2020, 06:53:24 PM
 #4

To the best of my understanding, the manager did her best to see that hunters were not been cheated to this extent but all her efforts were not enough to make dego team do things as agreed from the initials. The manager publicly admitted her mistakes in this regards and considering that dego is her first project as a bounty manager, i will give her all benefits of doubt as to not having a hand in the mess dego did.
Cryptoreflector_666 (OP)
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October 28, 2020, 06:58:30 PM
 #5

To the best of my understanding, the manager did her best to see that hunters were not been cheated to this extent but all her efforts were not enough to make dego team do things as agreed from the initials. The manager publicly admitted her mistakes in this regards and considering that dego is her first project as a bounty manager, i will give her all benefits of doubt as to not having a hand in the mess dego did.

I also have no special complaints about the Manager. Rather, I want to draw investors ' attention to what steps the team is taking.

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October 28, 2020, 07:29:57 PM
 #6

Well, to be honest, the team will pay out all the tokens. Therefore, there is no reason to talk about obvious deception on her part. Yes, they did not meet the deadlines and this is a hoax.
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October 28, 2020, 07:51:10 PM
 #7


It happens many times before DEGO. There will always be changes to what the team will do, they promise something and then another thing happens. Dates may change but as long as bounty tokens are going to be paid I guess the bounty hunters may still be okay with it since DEGO team isn't a scam and the token is listed on Kucoin already.

Are they asking KYC this time on their dashboard?


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October 28, 2020, 07:53:57 PM
 #8

I've not taken a part in this bounty, however i have been following DEGO and their switch from ETH to BSC blockchain.
And i can say, that the team, atleast the front facing team is completely incompetent.

They even backed on their promises when NFT mining, they promised certain rewards, but the rewards were cut by more than 4x.
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October 28, 2020, 08:16:58 PM
 #9


It happens many times before DEGO. There will always be changes to what the team will do, they promise something and then another thing happens. Dates may change but as long as bounty tokens are going to be paid I guess the bounty hunters may still be okay with it since DEGO team isn't a scam and the token is listed on Kucoin already.

Are they asking KYC this time on their dashboard?


Everything is possible ) as soon as the first payment is due, you can request documents, thereby delaying another payment )))

And on the other hand we can assume that the team did not expect that the project will be to use such demand and reputation, as in my opinion very good, and when they saw that there is a demand for them, then immediately began to change various conditions, the strong decline in production, the unexpected division awards, and all actions in EDG when they had to pay the hunters, that means they made this decision directly to the distribution itself, as if it was planned in advance it was possible already to prepare the contract and all functions requirements on the site, right, the company does not look like scammers, BUT there is a lot of greed on their part, to be honest, it is the first company that recently launches mining, and puts donations on the site, not pre-sale, not ICO, namely donations, because if something happens, they will not have to return the funds, since they did not invest, but donated, I hope that in the future there will be no more changes, and will give us the opportunity to receive this award

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October 28, 2020, 09:28:54 PM
 #10

Some people lose control when they see big money, $100,000 is not a big amount,
they are just small and greedy people.
First people lose face, then money.
When you spit on others, don't be surprised if they spit on you.
I'm not surprised when I meet fools in my life, I am surprised when they are believed.
Excuse me for my bad english Wink
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October 28, 2020, 10:29:47 PM
 #11

It was indeed deceitful and disappointing but kudos to the BM who fought so hard for the hunters right and did a good job with trying to douse the hunters  wrath
Cryptoreflector_666 (OP)
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October 28, 2020, 11:05:50 PM
 #12


It happens many times before DEGO. There will always be changes to what the team will do, they promise something and then another thing happens. Dates may change but as long as bounty tokens are going to be paid I guess the bounty hunters may still be okay with it since DEGO team isn't a scam and the token is listed on Kucoin already.

Are they asking KYC this time on their dashboard?



I understand very well what you are talking about. But there are slightly different circumstances:

first, after the end of the bounty, the team gave the payment dates without any changes regarding the payment Protocol. At that time, they already knew the number of hunters and and this did not affect the announcement of dates. And the changes were reported on the last day of payment.

Secondly, there is no reason why we can't get 20% now immediately after making sure that the company is solvent? What should happen on November 10 that isn't happening now?

Third, 100 days is not a week, not two, or even three. This is a long time. Many projects don't even live that long. Someone who knew these conditions initially may not have become involved in the company.

I understand that delays in the crypt are more likely the norm, but in this case, everything is suspicious

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October 28, 2020, 11:16:11 PM
 #13

This description of their project just sounds like complete gobbledygook to me:

Quote
DEGO equals to LEGO in the DeFi world. Each DeFi protocol as a brick, It could be the stable coin(DAI), flash Loans(Aave, Compound), DEX exchanges(Uniswap and Balancer), derivatives( Synthetix), insurances (Nexus Mutual). Around these underlying protocols, we will build a new dapp to enhance the value of the DeFi, create diversified investment portfolios and generate substantial financial returns for users, and become the entrance to the future of financial services.

Could be that I'm ignorant of DeFi stuff (and that's true), but I can recognize corporate doublespeak designed to confound the senses when I see it.  No wonder they changed the payout terms at the end.  I'm curious as to whether they'll even honor the revised payout structure.  That "terms subject to change" clause--or whatever they wrote in there--basically gives them the right to fuck the bounty hunters over.  Hell, they'd probably do it even without that clause.

Bounty hunters must be incredibly desperate to keep doing all this work up front and hoping the project owners pay them fairly in the end, especially since there have been many instances of this kind of shit over the past few years. 

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October 29, 2020, 06:46:29 AM
 #14

Bounty hunters must be incredibly desperate to keep doing all this work up front and hoping the project owners pay them fairly in the end, especially since there have been many instances of this kind of shit over the past few years. 

This has often happened before the teams always change at the end with unreasonable and even unfair actions in taking this action, they arbitrarily take decisions without thinking about the hunters who have done their hard work for months of promotion, especially at the expense of paying for it. gas to claim the token, oh god they are so cruel and don't think about the suffering of others. Angry

When the project is successful and sometimes the team always makes it difficult to distribute many ways so that the distribution doesn't finish, do they intend not to pay? if so why launch a bounty campaign? Embarrassed

R


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October 29, 2020, 07:26:17 AM
 #15

At least OP had effort in posting this kind of likely an abuse to the bounty hunters.

Since most of the projects are like this then reporting them and making accusations against the project will do good for us the bounty hunters to be heard one day and we will get what is ours in here.

Aside from that, we can learn also not to jump directly into a project instead get to know more about it before joining. There are many reputable bounty manager bringing good project so it may be good to wait and join in their project to avoid always getting scam in promoting not paying projects here in the forum.
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October 29, 2020, 09:00:44 AM
 #16

Well, to be honest, the team will pay out all the tokens. Therefore, there is no reason to talk about obvious deception on her part. Yes, they did not meet the deadlines and this is a hoax.
How sure are you that they will not change the term again. If they have changed the term and hunters agree with them now, then they can decide to do the same again and again. I do not think you know how this people behave. They are always friendly when they want to start using you as hunters to promote their business. Once they achieve their aim, they make bounty hunters their enemy. They discredit you and named you dumpers
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October 29, 2020, 09:16:16 AM
 #17



Aside from that, we can learn also not to jump directly into a project instead get to know more about it before joining. There are many reputable bounty manager bringing good project so it may be good to wait and join in their project to avoid always getting scam in promoting not paying projects here in the forum.

Unless the tokens or coin is escrow the bounty manager has no control on what's going to happen after he sent the spreadsheet to the team, it's beyond his control anymore, the developer can always change the rule the term and distribution that is very much different from what the bounty hunter have read in the campaign, escrow is really important and bounty  managers should ask it or even demand it.
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October 29, 2020, 05:58:00 PM
 #18

what I am questioning at this time .. whether the forum can not do anything "change the rules at any time by the team" a  the project .. the forum must provide a rule regarding this matter, to protect the rights of the hunters ..

The first thing that you should do is merge your messages and avoid multiposting if you have something to say it can be done in one post.

Second, about your rights...why don't you form a union and force everyone to join it and you only negotiate like a union with projects? It has been proposed multiple times but just as many times it has failed to materialize because nobody will respect it. And it's not the forum business to check all projects and to "protect" every user with a hundred accounts that post a thousand of tweets a day and make sure he gets paid. Who will be paying for this? You?

hunters get negative trust for promoting a fraudulent project .. but when they promote a project and don't get paid they are helpless without defense ..

Yeah, and a fraudulent project owner gets also tagged, that's how things work.
If you want to get paid for the work you have put in any project then it would be normal that bounty hunters that have worked and advertised fraudulent projects would have to reimburse scammed investors, that the equivalent of what you were trying to picture. So, have you paid any of the investors that were scammed by the projects you advertised?

Of course, I'm not defending at all this DEGO whatsoever as it's likely another failed defi project.

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October 29, 2020, 06:16:50 PM
 #19

The first thing that you should do is merge your messages and avoid multiposting if you have something to say it can be done in one post.

You're trying to educate a twitbook bounty hunter... that's all they know, post streams of shit, don't read anything, no critical thinking of any kind, then whine when they get scammed. But if you try to warn these shitbirds - that doesn't go well either. Can't win pigeon chess.
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October 29, 2020, 06:56:39 PM
 #20

But if you try to warn these shitbirds - that doesn't go well either.

Oh, fabulous, is this some sort of punishment for answering that guy?  Grin
For a week I've managed to stop myself from posting in that cesspool and tell all those shills what I think about their beloved god of bounties that rains tokens for every praise they toss there and when I finally forgot that topic ever existed.....

I'm thinking of quoting CH next time I see him around  Tongue


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