Escrowed very important for bounty?

[South Park]

I'm pretty sure that there are some bounties that did something like that, bounties that do not use an independent escrow that is not part of the project can always pull something like this, they can always change the rules in a way that benefits them and that they know a great deal of bounty hunters are not going to accept and save themselves a great deal of coins, and then when the bounty hunters point their fingers at them and accused them of cheating they can always say that they just refused to follow the new rules and that they would have been paid if that was the case.

that's why  Escrow is so important. everything regarding that rules should be stated from the start of the contract. an example of the laziest thing is when we have to verify KYC. if not then no get reward. so maybe if escrow is implemented it can be easier to solve that problem

While I agree wholeheartedly that the rules should be stated from the very start especially the important ones like whether or not participants will have to go through KYC most bounty campaigns do not do this and change the rules during the middle of the campaign and the worst part is that the participants cannot complain because if they do that they get kicked out of the campaign and also because many bounty managers put rules from the beginning that allows them to change the rules so bounty hunters have basically no protection if they decide to join a bounty without an escrow.

[1715255192]

1715255192

[1715255192]

1715255192

[1715255192]

1715255192

[1715255192]

1715255192

[1715255192]

1715255192

[1715255192]

1715255192

[odukoyaewatomi27]

I do not think escrow is the solution to projects that refuse to pay bounty hunters. Because for every solution there is a new problem, though it might work to a certain extent, but projects will find a way to bypass it. I have heard of projects that changed their smart contract after they paid the escrow, so the tokens became useless. The only solution is to only promote legit projects with trustworthy team.

[nelson4lov]

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.

There are some projects that cheat their bounty, hunters, and i really feel sorry for most bounty hunters after working for several weeks only to end up not getting rewarded for the efforts they put in to advertise the project, so I agree with you, escrowed bounties is a wonderful idea, but are you sure bounty managers will agree to add this as one of the rules to manage any campaign, we all know they want to earn some money too, so not all bounty managers will add this to their rules,nevertheless it will be great to have an escrowed bounty.

[vaultman]

I have never seen escrow in bounty campaigns, can anyone give an example of a campaign using escrow? The idea is great, but very few people will take such a step, I think. Also, depositing will definitely lead to a decrease in the campaign reward pool.

[pandanaran]

Escrow is really needed because with the escrow, bounty hunters at least hope
to get paid without being delayed after completing their work.

Escrow is an important guarantee in bounty campaigns, usually well-known bounty managers always use escrow and are always the prima donna for followers, especially bounty hunters. but there are also Bounty managers who have used escrow, but have problems when sending tokens to their participants because of the high eth transaction fees and in the end require participants to send fees to claim the project token.

[Kavelj22]

I have never seen escrow in bounty campaigns, can anyone give an example of a campaign using escrow? The idea is great, but very few people will take such a step, I think. Also, depositing will definitely lead to a decrease in the campaign reward pool.

If you refer to bounties for altcoins, most of bounties are running to promote a token under-developement. This is normal that the reward pool can't be yet determined as we still can't determine the price.
For other bounties, like btc paid signature campaigns and bounties paying with tradeble token, i think it should be mandatory to escrow the pool especially if the bounty is managed by an unknown user or a newbie team member. In "Services" main board, managers are also escrows who hold funds for at least one running week and i think hunters should follow those managers. Hhampuz is a great example and he is also managing altcoin bounties.

[Sundilhan]

The bounty cryptocurrency space has been plagued by several ill practices and unscrupulous acts that has led to lots of mistrust and insincerity. This has meant that most hunters and participants alike have lost interest, trust and confidence in the system. With the introduction of escrow between projects, bounty hunters as well as bounty managers, there has been a relatively significant increase in trust and believe in the system yet again. The concept of escrow is one that should be encouraged in every bounty campaign and should be sustained going forward. The cryptocurrency initiative was built on being transparent, safe and secure. With escrow services employed and integrated into bounties, this is further promoted and made solid. This is exactly why escrow services should be introduced into bounty managements.

[otto93]

Yes it's necessary for bounty managers to use an excrow and a reliable one when hosting a bounty, but recently its not only about the project owners but some bounty managers are in bed with this project owners, how about that, does excrow contract extend to that?

[clickerz]

Very Important, and as possible all projects should have escrow funds. Also, this also good feedback for the project because they have funds to rolled-up such projects which means they are serious about it and can minimize speculations about the project. Also, whatever happens, to project whether it failed or succeed, people who work for it will not be put in a sorry state. Just consider it as a guarantee.

[South Park]

I do not think escrow is the solution to projects that refuse to pay bounty hunters. Because for every solution there is a new problem, though it might work to a certain extent, but projects will find a way to bypass it. I have heard of projects that changed their smart contract after they paid the escrow, so the tokens became useless. The only solution is to only promote legit projects with trustworthy team.

I did not knew about that, it seems scammers will always find a way to scam their bounty hunters and investors, however it does not seems as if they are realizing that it is precisely because of this that the number of bounty hunters are going down and the interest of investors in those projects is disappearing as well, after all we have limits and if you are scammed all the time then you are not going to have a lo of excitement over a new project when you know that for the most pat they are lying and you are never going to get paid even if you followed every single rule while being on the campaign.

[Gvent]

if bounties are carried out for bitcoins
 then the main requirement is that the fund for the bounty campaign is kept by one of the famous people with a good reputation on the forum
as for bounty campaigns for tokens
 they do not have the opportunity to provide their tokens before the end of the sale
 because, as a rule, tokens are issued only after the end of the sale

[JHORN]

For easy bounty managing it's better to use limited participants, escrow isn't a must to have a clean bounty promotion experience, first make sure the project is clean and different, high quality use cases gives an easy head light, secondly make sure the bounty manager is well experienced, I would choose quality over escrow and mind you quality projects don't use escrow campaigns

[memed97]

yes, escrow is very important because if the token is in the hands of escrow then the payment for the bounty is certain and the team can no longer cheat on the hunter. but the problem is the manager who uses Escrow only a few

That's right, escrow in a bounty campaign is to guarantee participants to be paid in any form of token, regardless of the price of the token, which however guarantees payment will clearly exist, just because this is rarely used by new managers at this time, then every bounty participant who tries to take part in the bounty must always check it first in great detail and when there is no payment, then don't feel disappointed about this even though we have spent a lot of time on the bounty.

[rahmatullah9305]

In my opinion escrow is very important because it is guaranteed that we will receive the token when the bounty is ended. It is rarely to see a bounty manager escrowed a bounty nowadays even a popular bounty manager. Still depends to the team decisions if they okay with it or not.

Yes, but what we have seen so far is that escrow only exists in bounty campaigns where the payment is in the form of Bitcoin, while the payment is in the form of a token project itself, escrow is very rarely implemented, so that bounty participants are vulnerable to being deceived when joining bounties whose payments are in the form of tokens.

[Question123]

Once a bounty have escrow it is secure but they need to hired a trusted escrow who have previous of escrowing the coins. Also the escrow need to accepts dollars or maybe ethereum or bitcoin because what if the escrow hold the token of the project and let say their get tokens as their reward but we are not sure that the token that getof the participants will be tradable in the future unless they have assurance in bitcoin that they trade anytime.

[Nazmul012]

To make the reward secure for hunters, using the escrowed is  best system Without doubt.at first each project make promises to distribute token among bounty hunters within given time but most of them keep the date postponed even one after another & consistently do the shit process. In many case, hunters even done kyc verification with their valuable documents that suddenly asked by team but at last cheated with hunters & neglecting as like useless fellow.team flee away with money and forget secrifice and contribution that hunters did for them for rasing money during tokesale. So need escrowed for upcoming bounty to ensure the payment

[Mahanton]

To make the reward secure for hunters, using the escrowed is  best system Without doubt.at first each project make promises to distribute token among bounty hunters within given time but most of them keep the date postponed even one after another & consistently do the shit process. In many case, hunters even done kyc verification with their valuable documents that suddenly asked by team but at last cheated with hunters & neglecting as like useless fellow.team flee away with money and forget secrifice and contribution that hunters did for them for rasing money during tokesale. So need escrowed for upcoming bounty to ensure the payment

Escrowing funds or rewards is always preferable but the thing here is that majority of them wont really be dealing with that kind of set-up.

They do always tend to have the control when it comes to distribution of funds.It is always been stated that they would really be distributing after the bounty
but shit do happens when they do tend to ran away and wont be paying.

Escrow is a good thing but the management wont really be agreeing these kind of terms.

[lepbagong]

Once a bounty have escrow it is secure but they need to hired a trusted escrow who have previous of escrowing the coins. Also the escrow need to accepts dollars or maybe ethereum or bitcoin because what if the escrow hold the token of the project and let say their get tokens as their reward but we are not sure that the token that getof the participants will be tradable in the future unless they have assurance in bitcoin that they trade anytime.

true, if you want there will be no more fraud, you should not provide with tokens that will be issued but must be in the form of tokens that are well known or easy to account for, such as bitcoin or ethereum.
so if they do something that is not praiseworthy then they will lose themselves because the funds that have been deposited will still be able to be distributed.

The problem is, is there a mechanism that must be implemented so that this can work well, if there is no help from the Admin because all decisions and regulations depend on the admin. It should be for those who have the authority to be able to discuss it well because this involves a lot of fraud, at least there is a way out that can be done. Hopefully this can be realized well and bounty hunters don't always accept lies continuously.

[kapalmabur]

I am sure many new people here call escrow for bounties trivial,
but for me escrow is very important for the continuity of the bounty and of course for the convenience of bounty hunters,
with escrow we don't have to worry about not being paid, we know not getting paid from the project is indeed a risk,
but we have to make changes to make the bounty even better.

[angrynerd88]

Exactly, it is but how numerous alts ventures are willing to utilize escrow for their bounty, As it were exceptionally few among the numerous alts bounties that utilize escrow in their bounty, most of the alts tokens are not indeed stamped amid the bounty campaign so how do you anticipate them to utilize escrow, as much as have cherish that it isn't planning to happen in numerous alts or other bounties.