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Author Topic: Escrowed very important for bounty?  (Read 51340 times)
Jocuserious (OP)
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October 31, 2020, 05:40:56 AM
 #1

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
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October 31, 2020, 06:16:37 AM
 #2

I think not every projects will accept escrow no matter how hard we try, this didn't mean they won't pay either, look at projects like CTSI and DIA, very successful projects indeed, the bounties aren't Escrowed, I believe this was possible because of the bounty manager

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October 31, 2020, 06:19:04 AM
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 #3

I think not every projects will accept escrow no matter how hard we try, this didn't mean they won't pay either, look at projects like CTSI and DIA, very successful projects indeed, the bounties aren't Escrowed, I believe this was possible because of the bounty manager
Don't give me that, the team decide to pay because they want to keep their reputations, the bounty manager isn't the one that forced them to pay, since the team are the one holding the tokens who can force them to pay? No one, you should be thanking the team for been sincere instead, what this post is talking about is to get control over bounties with team that goes back on their words.

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October 31, 2020, 06:55:12 AM
 #4

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


Agree.  having an escrow in a bounty campaign is good because bounty participants will no longer  to worry about  not being paid or delayed payment. Because if such unfair activities continues like bounty hunters not being paid  after the end of the  campaign time will come that no one will join the bounties.

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October 31, 2020, 07:13:21 AM
 #5

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

It would be better for the hunter, I also think that doing so will bring fairness to the participants. But reiterate that you are joining bounty as you have to track the flow they set in place. So from the very beginning, let's choose for ourselves the easy projects, avoiding useless jobs for scam projects.

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October 31, 2020, 07:30:45 AM
 #6

I think not every projects will accept escrow no matter how hard we try, this didn't mean they won't pay either, look at projects like CTSI and DIA, very successful projects indeed, the bounties aren't Escrowed, I believe this was possible because of the bounty manager
The distribution of tokens over bounty manager is not effective and bounty manager cannot do anything about it without Escrow

Now i can talk about a success bounty is the Dego who at the beginning of the bounty encouraged a lot that will distribute tokens after 2 weeks bounty end, even when the bounty ends then now they are refusing distribution time and have set a new time limit of 100 days to complete the full token distribution episode.
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October 31, 2020, 07:39:09 AM
 #7

you are not alone here my friend .
you are right many projects are scam in way of giving reward to bounty hunters after bounty finish .
as i know one of the project and i think you are also talking about that because the same thing i faced . on the date of distribution they anounce new policy to give reward .
Escrowed is a good for bounty managers . otherwise this side of earning is also finish like airdrops .
why i mentioned Airdrop here because only 10% airdrops are now legit .
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October 31, 2020, 07:51:36 AM
 #8

Of course it is but how many alts projects are willing to use escrow for their bounty? Only very few among the many alts bounties that use escrow in their bounty, most of the alts tokens are not even minted during the bounty campaign so how do you expect them to use escrow, as much as I would have love that it is not going to happen in many alts bounties.
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October 31, 2020, 07:55:48 AM
 #9

I think not every projects will accept escrow no matter how hard we try, this didn't mean they won't pay either, look at projects like CTSI and DIA, very successful projects indeed, the bounties aren't Escrowed, I believe this was possible because of the bounty manager
The distribution of tokens over bounty manager is not effective and bounty manager cannot do anything about it without Escrow

Now i can talk about a success bounty is the Dego who at the beginning of the bounty encouraged a lot that will distribute tokens after 2 weeks bounty end, even when the bounty ends then now they are refusing distribution time and have set a new time limit of 100 days to complete the full token distribution episode.
Are you saying DEGO Finance don't want to pay bounty hunters after all that successful fundraising? This is a project I have high hopes on, They gotta be kidding me, imagine a successful project still refusing to pay bounty hunters, its definitely time to start asking for escrow campaigns instead, enough of all this ungrateful judgements from project teams
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October 31, 2020, 08:19:10 AM
 #10

Of course it is but how many alts projects are willing to use escrow for their bounty? Only very few among the many alts bounties that use escrow in their bounty, most of the alts tokens are not even minted during the bounty campaign so how do you expect them to use escrow, as much as I would have love that it is not going to happen in many alts bounties.
The team did not want to use escrow because they had to pay money to escrow first, indeed using an escrow service can make bounty hunters get their payment, But we can see that it is very rare for bounties use escrow for now. I also hope that project team can use the trusted escrow in this forum for Bounty program.

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October 31, 2020, 08:35:04 AM
 #11

Of course it is but how many alts projects are willing to use escrow for their bounty? Only very few among the many alts bounties that use escrow in their bounty, most of the alts tokens are not even minted during the bounty campaign so how do you expect them to use escrow, as much as I would have love that it is not going to happen in many alts bounties.
The team did not want to use escrow because they had to pay money to escrow first, indeed using an escrow service can make bounty hunters get their payment, But we can see that it is very rare for bounties use escrow for now. I also hope that project team can use the trusted escrow in this forum for Bounty program.

Even if they use escrow, even if you do get your tokens, what's the guarantee that those tokens will be worth anything?
From my bounty hunting days in 2016 and 2017, i got around 200+ different tokens in my wallet. Combined all of them are worth maybe $1, So what's my guarantee?
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October 31, 2020, 08:46:54 AM
 #12

Escrow is very important for bounty hunter payments. it also makes the concerns of reducing the initial bounty allocation less likely to disappear. To be honest, there are so many benefits to escrow for a bounty program. in addition to guaranteeing payment, it also increases participants' trust.
It's just that, there is always a reason not to use escrow for now, although I see that currently there are quite a few bounties using escrow.

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October 31, 2020, 09:00:33 AM
 #13

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


I don't think it is a problem for tokens to be escrowed. Even if the project has its own bounty campaign manager, the tokens may be escrowed by some other trusted third party. Managers should do that.
Anyway, I didn't notice that this is a big problem. I think the worst thing is that many projects just turn to be a scam or fail to develop which causes their price to drop to zero violently.
But it is practically impossible to prevent this from happening. The only way to reduce the risk is to thoroughly research the project before joining the bounty campaign and promoting it.


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October 31, 2020, 09:13:37 AM
 #14

Escrow is good because you end up getting your token but that still not justify that you get to trade your tokens when the exchange list the token unless the team does not change the smart contract address. However, many of them do not want to use Escrow because they rely solely on the money contributed by the investors. Some of them do not have a fully functional platform
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October 31, 2020, 09:16:30 AM
 #15

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

So tell me how should we go about this? What is the next move? How will you gather the attention of all bounty hunters and let's make a move together? I've seen many topics like this but nothing was done about it, no single action was taken

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October 31, 2020, 09:19:33 AM
 #16

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


This subject matter has been discussed many times and you will just received a lot of same old post. Even though the token is on escrow, You can't guarantee that it will have a value after the ICO or even closed to the ICO price. Bounty hunters already decrease as you notice, Only few quality bounty hunter is still on this kind of business of uncertainty in salary for a month of work.

The only solution on this issue is to limit the campaign that can launch on the forum. No newbie bounty manager and No bounty campaign that was an obvious scam is allowed.

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rhomelmabini
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October 31, 2020, 09:35:16 AM
 #17

Escrow it but it should be escrowed as well to trusted escrow here in the forum. I wouldn't mind if the bounty is managed by a trusted manager but if it's handled by no trust or haven't done any past trades here in the forum I tend to avoid them especially if the bounty or project isn't that good.

The very best thing isn't really to escrow but to paid weekly/monthly to the hunters with the tokens they worked for, it may be few or not that huge of amount but if the hunters feel they are compensated I think that will create more good ambiance on bounty space. This has been in talk already but still can't find a solution I guess the managers doesn't want to revolutionize it or most are just incompetent they don't hear these hunters what they plead.
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October 31, 2020, 09:40:19 AM
 #18

Escrow is important however how will you convince managers to do what you want to happen? I mean not all of the manager use high ranked account  and they will not make these rules as one of thier priority , since their main priority is to earn by managing a campaign not to hold the payment. You need to also considered that other bounties use their team as manager so they can lessen  the cost they need to use for hiring a manager .

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October 31, 2020, 09:45:52 AM
 #19

If the concern is to get token without being cheated from BM or project team it self then it is good for consideration as important part, but if the concern is the token value then hunters should do they own research.
When agree to join the bounty then if the token prices dumping hard, hunters can't complain about this situation.
Join bounty isn't same situation as we work with companies in real life we will get what has been agreed upon, different with bounty even the team and BM said the value of token will increase then it can be wrong.

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October 31, 2020, 09:57:42 AM
 #20

Escrow is good but not necessary because not all new projects will be able to accept escrow fore different reasons, some bounties token hasn't launched yet until their IEO or ICO comes around, escrow is only hundred percent possible if the project is few months old

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