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Author Topic: Escrowed very important for bounty?  (Read 51340 times)
Strotman
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November 15, 2020, 08:19:00 PM
 #241

Using escrow of course gives some confidence that after the end of the bounty campaign, hunters will be sent coins, but there is no guarantee that the project will be successful, that it will not turn out to be a Scam, etc. So do not raise the escrow on a pedestal))

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November 15, 2020, 09:14:18 PM
 #242

Escrowed is super important for bounty. Infact I prefer escrowed bounties even if it didn't do well I still appreciate it very well. Reason why I love some bounty managers and their bounties because of escrow. Would really be an amazing one.
I didn't understand what's that meant "if I didn't do well". Temtum projects cheated the bounty hunters, even bounty managers. Escrow process is equally important with legitimate process. Summer doesn't agree with the escrow process.
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November 15, 2020, 09:20:19 PM
 #243

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

We desperately need something that makes sure bounty hunters are paid on time after the campaign ends and there are no excuses or delays by the team or manager.
Also it is high time that hunters should unite and start something to name and shame projects and teams that do not pay or deceive hunters in any possible way so i would suggest to form a union or association to create a bigger and louder voice.

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November 15, 2020, 10:00:10 PM
 #244

Yeah many times hunters were wrecked by projects, we worked well for them but in the end they deceived us, same old excuses double entry etc.
When project deceived us hunters united against project but they really don't care if they succeed in perfect project then their hard work but if project dies then bounty hunter fault.
I know about few bounty management who working well and only working for real projects and I appreciate their work, kindly do not take part in any bounty campaign without any investigate/research. 
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November 15, 2020, 10:29:47 PM
 #245

Injective protocol did the same thing to bounty hunters. Team tried to say that Ethereum transaction cost is high. That's why they changed the rules. Ultimately, they send tokens in the same wallet as they distributed in the first two weeks. Maybe teams are waiting and changing rules several times until they confirmed that so many bounty hunters didn't follow the new rules.
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.

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November 15, 2020, 10:51:08 PM
 #246

Injective protocol did the same thing to bounty hunters. Team tried to say that Ethereum transaction cost is high. That's why they changed the rules. Ultimately, they send tokens in the same wallet as they distributed in the first two weeks. Maybe teams are waiting and changing rules several times until they confirmed that so many bounty hunters didn't follow the new rules.
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

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November 15, 2020, 11:02:23 PM
 #247

Yeah many times hunters were wrecked by projects, we worked well for them but in the end they deceived us, same old excuses double entry etc.
When project deceived us hunters united against project but they really don't care if they succeed in perfect project then their hard work but if project dies then bounty hunter fault.
I know about few bounty management who working well and only working for real projects and I appreciate their work, kindly do not take part in any bounty campaign without any investigate/research. 
look at payaccept , this team trying to deceived bounty hunter with postponed reward calculation and even hunter didnt know when bounty token distributed. its enough for us work with this kind developers, escrow was needed as win win solution that could solve any problem with bounty reward.

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November 16, 2020, 07:55:31 AM
 #248

Yeah many times hunters were wrecked by projects, we worked well for them but in the end they deceived us, same old excuses double entry etc.
Do not be sad. sometimes a project is judged for its trustworthiness. So, when they don't pay the hunter bounty, sometimes the project won't last long. however, to avoid things like that, escrow is very necessary. I don't know what prevents a project from using escrow on each bounty they create.

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begau
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November 16, 2020, 08:26:00 AM
 #249

Of course escrow is the best way to limit scam or delay bonus of projects. However, if the projects don't want to use it, weekly token payments are also a good option. The bounty hunters will be more motivated when they get their tokens soon.
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November 16, 2020, 09:04:30 AM
 #250

Temtum projects cheated the bounty hunters, even bounty managers. Escrow process is equally important with legitimate process. Summer doesn't agree with the escrow process.

Are you sure? I remember that this campaign was managed by Hhampuz, I have participated in twitter campaign and got rewards directly to exchange. Sold it have withdrawn my reward.

I agree that Escrow is necessary, but it not an obligatory. Who do you think should escrow funds? Bounty manager ? Not everyone can be trusted, even high ranked. Get a third-party escrow? With low budgets nowadays, not every project can afford it or will want to spend on it. Not every bounty campaign needs an escrow. If the sales turns to be low and project did not raise enough funds, should they still distribute valueless tokens or coin via escrow to hunters?

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November 16, 2020, 08:20:49 PM
 #251

You have a point but as a fellow bounty hunter it is our duty also to become wise before joining any bounty campaigns out there aside from the beginners as they don't know
much yet about a genuine project vs potential scam project.

But if escrowed will be implemented then it will be good also, not only to the bounty managers side but also to the bounty hunters as they can assure that they can get what
they deserved base on their hard work. Team cheating is very rampant already but I am sure that bounty managers can do something about it so I am not so worried in this kind of threat.

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November 16, 2020, 09:07:31 PM
Merited by articlecity (5)
 #252

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 important because there are reports of a project not paying hunters for long. I was in a telegram crypto group where people do post about such projects that are hesitant to pay hunters. Recently a friend posted about Payaccept project who had a bounty campaign that ended 2-3 months ago but from that time they are making unnecessary delays, drama and have rude behavior with hunters so i think they should be ashamed of themselves because such behavior is not only unethical but unacceptable.
Some other projects who ran campaigns for months are also playing delaying games and some of them includes koinpro, swapzilla, billcrypt etc. So definitley Escrow can make sure that hunters will receive their rightful reward on time.

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November 17, 2020, 02:07:50 AM
 #253

Escrowed funds for the bounty hunter is good. It can be an assurance to get the rewards from the project. It can be a good sign for the hunters to do the job well in promoting the project. However, even the escrow funds will not be a guarantee that all bounty hunters can receive their payments or rewards because it will still depend on the bounty manager or the one who kept the funds. High chance that the one keeping the escrowed funds will be the one to run away with the funds.
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November 17, 2020, 07:57:51 PM
 #254

Yes, it assures the payment for bounty hunters. If there is a decision that the team has to stop the bounty suddenly, there's a payment that awaits for the bounty hunters.
It changes the trust level of the bounty hunters with a project that they doubt.
Yes, at least bounty hunters do not need to worry about receiving their bounty at the end of the campaign. But the only thing we need to worry is if it will have a value or it will remain as a useless token in our wallet. At the end of the day, it does not give assurance that the bounty will have a value. I have participated in bounty campaign before where the bounty is being escrowed. Even after the bm assured that we will received it, we still not able to received ourexpected money because the token has no value.
I agree to you. The value is what defines the bounty and if it still has a good price after the distribution, that will indicate that there's a bit of hope that the developers are doing a good job for it. But if the price totally dropped after the distribution then that only means that they are starting to sell a lot from their own holdings. The main thing which this thread is purposely made is only the escrow, but you cannot escape the dumping as it is a fact.

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November 17, 2020, 09:09:34 PM
 #255

Yeah it is very important for hunters, so they know for sure that they will be paid at the end of the campaign.
Bounties nowadays are not good, either they delay the distribution, or the value of the token is already dumped after distribution.
The most important thing to do is make sure the project is very good, otherwise we will only waste our time.
Using escrow for bounty will ease the mind of bounty hunters but it does not guarantee that bounty hunters will be paid at the end of the campaign if the escrow service chooses to run away with the fund.
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November 17, 2020, 09:22:09 PM
 #256

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

Managers working under companies term mostly specially those Not established managers and trying to create their portfolio .
So they cannot force the team escrowing the funds and even handling for safeties.

Notlike those Big managers such as Hhampuz and Yahoo that making sure to handle the funds at least for the first week and will not continuing the campaign without sending another batch of payment in the following weeks.

In this scammers win,because desperate managers will work even in shaddy team.
If those manager will deny the team?for sure they will have no choice either run their own bounty or Use escrow.

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November 17, 2020, 09:23:34 PM
 #257

Escrowed is super important for bounty. Infact I prefer escrowed bounties even if it didn't do well I still appreciate it very well. Reason why I love some bounty managers and their bounties because of escrow. Would really be an amazing one.
I didn't understand what's that meant "if I didn't do well". Temtum projects cheated the bounty hunters, even bounty managers. Escrow process is equally important with legitimate process. Summer doesn't agree with the escrow process.
I think what he meant by "even if the project didn't do well" is the outcome of the project.
Even if the project escrowed their bounty rewards so that the bounty hunters will receive it at the end of the campaign but the project is not in good condition in terms of achieving its goals, numbers of supports, etc.



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November 18, 2020, 05:54:34 PM
 #258

Escrowed could be the safe & secure way, wanted by bounty hunters.thus hunters can work properly without tension about their reward.even team can't reduce the amount of fund if they want after escrowed but should be careful about the person whom being escrowed. Its better if he is from dt2 or dt3 cause i saw managers also cheating and get vanished with taking all escrowed fund. But anyone can't guarantee about the project even after compelete distribution

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November 18, 2020, 05:59:14 PM
 #259

Escrowed is super important for bounty. Infact I prefer escrowed bounties even if it didn't do well I still appreciate it very well. Reason why I love some bounty managers and their bounties because of escrow. Would really be an amazing one.
I didn't understand what's that meant "if I didn't do well". Temtum projects cheated the bounty hunters, even bounty managers. Escrow process is equally important with legitimate process. Summer doesn't agree with the escrow process.
I think what he meant by "even if the project didn't do well" is the outcome of the project.
Even if the project escrowed their bounty rewards so that the bounty hunters will receive it at the end of the campaign but the project is not in good condition in terms of achieving its goals, numbers of supports, etc.
Its still useless because you would get those shit tokens in the end of the bounty program unless if the said escrowed funds had been put up in top coins neither on btc or alts then
that might be an advantage but no team will surely make this kind of deal.

They will always stick out on giving those token of theirs as a reward or pay for  the task that had been given.Escrowing funds is good but you cant guarantee that
those coins will really have value.

As others mentioned or said that it is much better if we do engage on campaigns that pays out on bitcoin.

R


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November 18, 2020, 05:59:18 PM
 #260

Escrowed could be the safe & secure way, wanted by bounty hunters.thus hunters can work properly without tension about their reward.even team can't reduce the amount of fund if they want after escrowed but should be careful about the person whom being escrowed. Its better if he is from dt2 or dt3 cause i saw managers also cheating and get vanished with taking all escrowed fund. But anyone can't guarantee about the project even after compelete distribution
That's true, even if the coins was distributed but if the project doesn't have enough investors or didn't managed to have a trading volume or persons who wanted to buy it on the market I really don't think it will be worth it. With escrow or without the risk of the bounty hunters is really high.

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