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Author Topic: Escrowed very important for bounty?  (Read 51341 times)
Kelvinid
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November 03, 2020, 09:00:15 PM
 #121

Giving the funds to the escrow doesn't mean that you will get reward on bounty hunting.
Yes there is a higher chance that you will get the token when using escrow but are you sure that it will have value in the end??

Probably there are some bounty campaigns that used an escrow but when I'm in bounty hunting, I didn't participate in any campaigns that has an escrow as they are refusing on it. Maybe there are some today that are using escrow but after all, it doesn't change the fact that it will either you gain money or you will not.
I have this experience. The participants receieve the rewards but the promblem is that the team never had the interest to get listed to other exchanges instead of relying and waiting for their own project/exchanges to launch. So disappointing because for how many years that been waiting but still no good news to heard from them and they are not really active on the telegram, not even they give some updates in regards to the project development.

Thus, escrowed gives only the assurance that we can surely receive the rewards but not the assurance to getb listed to an exchanges.

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November 03, 2020, 09:06:09 PM
 #122

Thus, escrowed gives only the assurance that we can surely receive the rewards but not the assurance to getb listed to an exchanges.
Which will still look nonsense even the reward is escrowed but it's still have no value due the project is not listed unless it's from IEO. Sometimes it's better to join in weekly payment bounty campaigns in BTC even it's small a reward but atleast it is a guarantee payment unlike now in bounties that have too much happenings or waiting to be done. We need to set our post properly since the campaigns were limited if we want to be accepted.

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November 03, 2020, 09:06:27 PM
 #123

What escrow can fix

1. Payments ( coins or tokens ) guaranteed

What escrow can't fix

1. The coins or tokens value can dump tremendously
2. Project exiting scam even before bounty ends.


Do we really need escrow? Well yes but it won't fix all issues that's presently plaguing bounty projects

of course escrow can't fix the value of tokens or coins and if the project going to scam even before bounty end mate
because the value of tokens is created by the markets, and scam or not its depends on the project team,,
but escrow will help bounty hunter to received their rewards as promissed Wink

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November 03, 2020, 09:12:41 PM
 #124

Almost all projects are cheating and refusing to give tokens at the end of bounty management. It's really sad that hunters work hard but they don't get tokens as a rule..

When the bounty is over, the team is making new plans so that they can easily escape by cheating.

I would like to say to all professional managers that Escrowed is very important and all of you should follow it.

Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase

Yes escrow is getting more and more important due to growing no payment conplains after campaign ends.
There are more solutions to all these problems especially i want to emphasize on weekly payments like some campaigns are already following. It gives peace of mind to hunters while the token not being listed anywhere gives freedom to dev to distribute them without any dumping challenge.

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November 03, 2020, 11:08:26 PM
 #125

Agree, but it's useless there is escrow then if the token is never listed in the market and then become shitcoin.
I hope in future all bounty payment is Bitcoin or any Stablecoins.
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November 03, 2020, 11:23:40 PM
 #126

Agree, but it's useless there is escrow then if the token is never listed in the market and then become shitcoin.
I hope in future all bounty payment is Bitcoin or any Stablecoins.
i thing escrow will also filtered which coin or token will accepted .we know many fake project or shit project that trying get attention from us, and maybe using escrow in bounty campaign will be their trick . usually escrow accept major cryptocurrency like bitcoin , ethereum or many other. but for unknown token its very rare to happen.
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November 03, 2020, 11:36:00 PM
 #127


Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase

One of the campaign that I've participated that generate goodwill to the community is Geomadao, all participants got their coins at the right time, the coin is not yet in the market and still on the development stage but the bounty hunters are satisfied they get their token and now following development of the project, this should be the case on many project.

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November 03, 2020, 11:58:58 PM
 #128


Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase

One of the campaign that I've participated that generate goodwill to the community is Geomadao, all participants got their coins at the right time, the coin is not yet in the market and still on the development stage but the bounty hunters are satisfied they get their token and now following development of the project, this should be the case on many project.
But still chance the coin will not listed to the market so the coins is still unvaluable because you cannot trade it unless it's tradable to the crypto market. There is a lot of bounty hunters are getting paid or get their coins from the campaign they participated but until now they waiting for nothing and hoping for them to list the coin because the team leave and don't have plan to list the coin.
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November 04, 2020, 01:03:51 AM
 #129

Escrow is very important for bounty just like the op have rightly said, and this is because many projects Today can't be trusted anymore, they hire people to promote their brand and after the whole work have been done, payment becomes an issue for them, though not all projects are like this cus I know there are some that are well trusted, but among the new ones, how do we trust them.

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November 04, 2020, 02:51:34 AM
 #130

Almost all projects are cheating and refusing to give tokens at the end of bounty management. It's really sad that hunters work hard but they don't get tokens as a rule..

When the bounty is over, the team is making new plans so that they can easily escape by cheating.

I would like to say to all professional managers that Escrowed is very important and all of you should follow it.

Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase

Yes this is good advice but the thing is, does the team behind the project has a fund to pay the escrow fee? Some of them chooses to launch Bounty instead of bitcoin campaign because they are limiting their expenses and in order for them to promote without using fiat or any other coin except for their own token. We've been in this industry for so long, we need to learn how to spot a fake ones and good ones that are good for long term uses as well.
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November 04, 2020, 02:59:40 AM
 #131

too bad that instead of making a new plan on how to improve thier project after a bounty , they will instead make a plan on how they can convince the workers that they cant pay . there were pro managers in this forum that works/manage on bounties  aside from sig camps . sometimes they convince the owner of the project to get an escrow or if not they can also hold the funds them selves but on most cases this dont work and they end up running the campaign without escrows but hunters are still going to join it especially if they see it was manage by a pro manager .
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November 04, 2020, 06:37:00 AM
 #132

Almost all projects are cheating and refusing to give tokens at the end of bounty management. It's really sad that hunters work hard but they don't get tokens as a rule..

When the bounty is over, the team is making new plans so that they can easily escape by cheating.

I would like to say to all professional managers that Escrowed is very important and all of you should follow it.

Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase


well. i think it is not that much important if the bounty does not offer bitcoin or some stable coin payments. If the team is scammer or cheater, anyway the tokens they distribute is going to be a crap anyway.
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November 04, 2020, 06:57:15 AM
 #133

I believe if a project is high quality the team will avoid any unnecessary FUD or bad stains to affect their project, they will surely fulfill their promise to bounty hunters, I'm much into good projects than escrow, bad projects can be escrowed too and you will end up with bad tokens

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November 04, 2020, 11:37:20 AM
 #134


well. i think it is not that much important if the bounty does not offer bitcoin or some stable coin payments. If the team is scammer or cheater, anyway the tokens they distribute is going to be a crap anyway.

I believe if a project is high quality the team will avoid any unnecessary FUD or bad stains to affect their project, they will surely fulfill their promise to bounty hunters, I'm much into good projects than escrow, bad projects can be escrowed too and you will end up with bad tokens

I don't know why you don't support idea to escrow bounty tokens?
Of course, the actions of developers are the most important, but if escrow has tokens that were calculated for distribution from the beginning, it also protects the participants of the bounty campaign against making "safe changes" by developers. And even the best developers at the end of campaign, before distribution, can make such changes because they think it is better. Even without considering the opinion of bounty hunters.
In my opinion, this is enough to support such an idea.


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btcltcdigger
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November 04, 2020, 12:42:50 PM
 #135

Even if you do somehow manage to get the world to agree that every bounty should escrow their tokens to the BM, scammy projects will just use that.
They will for sure escrow the tokens, but once they exit, the tokens are worthless, and once again, what do you get? Some shitty token you can't even use as a toilet paper
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November 04, 2020, 01:03:21 PM
 #136

Escrow is very important if the bounty manager is a newbie or a less familiar person, Usually high trusted members wouldn't need that because they wouldn't put their account in danger for a simple bounty.
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November 04, 2020, 01:34:24 PM
 #137



I would like to say to all professional managers that Escrowed is very important and all of you should follow it.

Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase


Even if they do not escrow bounty hunters will still list themselves to be part of the project, they do not check the escrow even if it favorable to bounty hunters, they check if the project has potential in the market, if the project has potential or the developers are reputable, they don't care about the escrow thing, only questionable projects need escrow.

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longyenthanh
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November 04, 2020, 01:35:22 PM
 #138

Even if you do somehow manage to get the world to agree that every bounty should escrow their tokens to the BM, scammy projects will just use that.
They will for sure escrow the tokens, but once they exit, the tokens are worthless, and once again, what do you get? Some shitty token you can't even use as a toilet paper

Okay, and here we agree. If the project is a scam from the beginning, participants of the bounty campaign will receive a token worth nothing.
However, we cannot fail to say that it protects against other actions that are unfavorable to the participants of bounty campaigns. I am thinking of changes in the rules or even the complete non-payment of tokens due to the fact that developers are not satisfied with the effects of the campaign.


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Quintrix
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November 04, 2020, 01:45:48 PM
 #139

With escrow, you can get your token at the right time, but that's not a guaranty that your efforts and time is worth it because everything lies in how the token performs in the market, you can have tokens in your wallet by hundreds of thousands but they are all worthless if you are not checking the project and you only got there because it was escrowed.

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November 04, 2020, 01:52:45 PM
 #140

I`ve already seen examples of pre-funded bounty cmapaigns and they are obviously more successful, than common, because hunters know that they will receive reward, so they work better. I`m talking about Bounty0x. It`s a good platform where since not so far have appeared rule for projects who want to arrange bounty on the blatform. It makes projects pre-pay bounty reward allocation to platform admins to avoid any changes in bounties and increase bounty trust

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