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Author Topic: Pain of bounty hunters  (Read 156722 times)
Wysi (OP)
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November 11, 2020, 07:49:09 PM
 #1

I would like to make it clear that I have been a bounty hunter, bounty manager, and part of project management for various projects and this is not to support the bounty hunters but rather to show the reality how bounty hunters and what they go through in this forum.

I know it's not easy to manage a bounty campaign as you will receive thousands of messages from irritating users, there will be hundreds of fake entries in the spreadsheet then you real users disputing that they didn't receive stakes because some imposters have entered their address against the real user's name and sometimes bounty managers or dev team's response would not be the politest one.

But at the same time there are hundreds of hardworking bounty hunters who work really hard in the hope that their efforts would be rewarded but all the efforts are shadowed by the wrongdoings of few cheap users with fake accounts who bombard, spam the bounty groups and harass bounty managers as a result whole bounty hunter community is looked with suspicious and selfish.

Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.


I have made a similar article about the pain of bounty managers and here is the link you may read it and understand I have seen both the phases

https://bitcointalk.org/index.php?topic=5219422.msg53662033#msg53662033

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November 11, 2020, 07:56:34 PM
 #2

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.

Might be harsh to say but they wouldnt really care most of the time.To those people who do really see the struggles of those real bounty hunters(not  the cheaters or abusers) will surely have this kind of feeling towards them.Im also a bounty hunter back then but to those times into those golden days where ICO is still flying with colors and most of the projects i had joined did really make out some nasty payouts yet there were
no limitations like locking up the tokens, KYC verification and other tasks which are needed first to be done before you can able to withdraw your coins but now as of todays bounty hunting then majority of them were change
from rules until on how they do treat up bounty hunters.Back then it isnt really that rampant when it comes to abuse but i cant really blame out totally the management or managers to have this kind of perception
towards hunters but it isnt really that right though to generalize it all.

Is there something we can do? None.. and as i said earlier, they wouldnt mind on what our personal opinions are because they do always care for their own benefit and advantage and doesnt matter
if they do degrade up someones emotions or what.

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Wysi (OP)
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November 11, 2020, 08:36:23 PM
 #3

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.

Might be harsh to say but they wouldnt really care most of the time.To those people who do really see the struggles of those real bounty hunters(not  the cheaters or abusers) will surely have this kind of feeling towards them.Im also a bounty hunter back then but to those times into those golden days where ICO is still flying with colors and most of the projects i had joined did really make out some nasty payouts yet there were
no limitations like locking up the tokens, KYC verification and other tasks which are needed first to be done before you can able to withdraw your coins but now as of todays bounty hunting then majority of them were change
from rules until on how they do treat up bounty hunters.Back then it isnt really that rampant when it comes to abuse but i cant really blame out totally the management or managers to have this kind of perception
towards hunters but it isnt really that right though to generalize it all.

Is there something we can do? None.. and as i said earlier, they wouldnt mind on what our personal opinions are because they do always care for their own benefit and advantage and doesnt matter
if they do degrade up someones emotions or what.

I can relate to the situation as its not good to generalize the entire bounty hunters based on behaviour of few and as you have rightly mentioned I have been a part of numerous bounty programs as well during its golden days and I am still a part of bounty program which is smoothly managed but this cannot go on as things needs to be changed for betterment of community and projects as well.

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November 12, 2020, 02:54:11 PM
 #4

I think everyone must be fair and respectful to all parties including the bounty hunter, bounty manager, project owner, we know that currently the situation is very difficult for bounty hunters and bounty managers, and bounty managers only obey the orders of the project owner, we also cannot judge bounty manager, and I think the bounty manager must innovate in distributing payments such as the DIA and CTSI bounty managers in the next 3 months, if they don't want to dump the tokens

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November 12, 2020, 08:10:28 PM
 #5

blamed bounty hunters for the dumping of any coins is not reasonable for me
because not all bounty hunters will dump their rewards as soon as possible when the tokens tradeable on exchange
sometimes, the project didn't have enough demands to push the price up and make the price down because more sellers than buyers

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November 12, 2020, 08:24:09 PM
 #6

I totally support the OP statement but the naive bounty is also the reason bounty hunters are blamed for token price dump because they also believe the token sales done by bounty is enough to influence the price of new token whereas every exchange listed token should be expected dump in price after early traders receive their trading competition reward token.

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November 12, 2020, 08:36:49 PM
 #7

I would like to make it clear that I have been a bounty hunter, bounty manager, and part of project management for various projects and this is not to support the bounty hunters but rather to show the reality how bounty hunters and what they go through in this forum.

I know it's not easy to manage a bounty campaign as you will receive thousands of messages from irritating users, there will be hundreds of fake entries in the spreadsheet then you real users disputing that they didn't receive stakes because some imposters have entered their address against the real user's name and sometimes bounty managers or dev team's response would not be the politest one.

But at the same time there are hundreds of hardworking bounty hunters who work really hard in the hope that their efforts would be rewarded but all the efforts are shadowed by the wrongdoings of few cheap users with fake accounts who bombard, spam the bounty groups and harass bounty managers as a result whole bounty hunter community is looked with suspicious and selfish.

Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.


I have made a similar article about the pain of bounty managers and here is the link you may read it and understand I have seen both the phases

https://bitcointalk.org/index.php?topic=5219422.msg53662033#msg53662033


Bounty Management is not a easy task.The  work of bounty management is seems a easy one, but it's not so. Because you should patience to reply to bounty hunters. Some may irritate you by their inadequate knowledge. Even a newbie applied for a bounty and make you to irritated. But same we can face while doing bounty hunting. Some project will scam us after a two months of work.

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November 12, 2020, 08:38:18 PM
 #8

You're kind and supportive to the bounty hunters. But the project developers, they won't give you any attention if that's what you want.
All they care is about the advantage that they can get from people who will help them with the exposure of the project and gain a lot of investors.

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November 12, 2020, 08:42:09 PM
 #9

I think there are very few projects and the managers care about the bounty hunter, they can do whatever they want.
I've been through many bad scenarios with scam projects, they slow down or pay only when the token becomes a pile of junk.
There are projects that are listed on the exchange but still scam bounty hunters. Project Markaccy is an example, they promise to pay in September but bounty hunters have not received tokens yet.


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November 12, 2020, 08:53:40 PM
 #10

Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.
Very apt!

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.
This is painful and I think BM who have managed projects like that where hunters were treated in such a manner should be avoided.

I urge all the management and bounty managers to treat bounty hunters with respect and they shouldn't be judged.
If care isn't taken, I foresee a situation where it will be very difficult to attract quality posters in bounties as a result of this ill treatment of hunters.

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November 12, 2020, 09:00:32 PM
 #11

Nothing can be done because campaigns not regulated.

Its the risk bounty hunters are going through when it comes to fees. But it's not supposed to be a source of income so don't expect too much from the campaigns that might just be a scam later on. This is also the reason why bounty hunters are just dumping the tokens before the project ends up as a scam and also most bounty hunters are up to grab BTC, not an altcoin.

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November 12, 2020, 09:25:13 PM
 #12

The Topic should accompany Agony as part of the topic!  Cry
On a serious note, the way hunters are been trash by this team leave you in pain without any action. I have a bounty manager I'm about to report and the project on scam and reputation board.
Its Attn project, participated for this guys for good 1 month and a week, they promise to pay hunters after 40 days since August but we are left with nothing. The painful part is the team is no longer replying us. Isn't that sad.
Bounty hunters wanted manager to sanction the project in the forum but it seems he was paid not to help hunters by bringing the project down.
I complained bitterly but he has the guts to remove me from the group chat.
I will open a thread for ATTN by weekend.
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November 12, 2020, 09:28:39 PM
 #13

Nothing can be done because campaigns not regulated.


This is the main reason why most project do whatever they like and tell hunters that it's part of the agreement when signing up for their campaign.
If bounty was to be regulated, most of these projects won't meet up to the standard. But this is impossible. It's up to hunters to decide which project they want to promote and which one they don't.
As OP already stated, investors that got in on presale are the reason behind most market crashes. They even give out their token to exchanges so that they could get listed.
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November 12, 2020, 09:43:10 PM
 #14


Bounty tokens contribute a very small portion of the total supply if we look at the percentage of tokens which are traded but still bounty hunters are blamed for dumping the market with cheap price, regardless of the price bounty hunters sell the tokens if the project is good then the price will not be affected or even if it's affected it will eventually recover without much loss but they are blamed for dump wherein it's sometimes investors who dump the token for quick profit.

The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.

This is what many users have been pointing out.

The project always allocate only a small amount of percentage for the bounty campaign, it is being divided not only to 100 users but most of the time more than a thousand users. Despite knowing the numbers of participants, they still blame the bounty hunters for dumping the price even if they receive only a small portoin from their allocation wherein the team and investors are really the one who dump the price of the token. This is the sad reality where bounty hunters are not being treated fairly, they are always being blame even after supporting the project.


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November 12, 2020, 09:44:53 PM
 #15


The worst part is when tokens are locked for bounty hunters and only distributed to them when the market is already broken by investors, after their efforts and ill-treatment in the hands of such bounties they finally receive worthless tokens which would be a loss even if they trade as the tokens will not even worth the GAS fee charged in MEW wallet to transfer it.


Don't forget about the no KYC bounty campaign that after the token distribution scheduled a token swap requiring every bounty participant to do KYC.    Worst after complying, they never distributed the new token.

Another scenario of no KYC bounty, after the campaign, the management change rule and requires every participant to do KYC.  

Nothing can be done because campaigns not regulated.


This is the main reason why most project do whatever they like and tell hunters that it's part of the agreement when signing up for their campaign.
If bounty was to be regulated, most of these projects won't meet up to the standard. But this is impossible. It's up to hunters to decide which project they want to promote and which one they don't.
As OP already stated, investors that got in on presale are the reason behind most market crashes. They even give out their token to exchanges so that they could get listed.



Well, all the protection should come from the bounty manager since he is the one communicating with the project owner.  I hope we can see a more responsible bounty manager in altcoin bounties in the future.

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November 12, 2020, 09:47:32 PM
 #16

The pain of the bounty hunters can only be felt by people who have undergone highly stressed work conditions and where salary is not guaranteed even after working for months and following strict rules throughout the campaign.
I think measures should be taken to make sure that each and every bounty hunter will be paid and no one will be able to exploit them.

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November 12, 2020, 09:54:59 PM
 #17

Being a bounty hunter, of course you will not always benefit from every project that we participate in, but sometimes the feeling of disappointment is present when the project we are working on experiences failure and fraud, this is a risk we must face and from that we must be more careful  in choosing a bounty project for us to work on to avoid fraud.
In this case it is not appropriate for us to blame each other, both the bounty participant and the bounty manager who handled the project because even if fraud occurs, of course the manager also does not get paid at all from the developer Because in this case usually the bounty manager is only the worker and the developer is responsible in full against participant payments.

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November 12, 2020, 10:03:34 PM
 #18

The bounty hunter is blamed for getting tokens without having to buy and the bounty hunter is helpless to fight the decisions made by the bounty manager or team members, maybe if we fight then we won't get paid because our names can be crossed out on the spreadsheet, actually the bounty manager is the one who more entitled and must defend the bounty hunter. Bounty hunters can only stay silent and receive insults from investors because of a dump, this is the risk of becoming a bounty hunter

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November 12, 2020, 10:07:11 PM
 #19

blamed bounty hunters for the dumping of any coins is not reasonable for me
because not all bounty hunters will dump their rewards as soon as possible when the tokens tradeable on exchange
sometimes, the project didn't have enough demands to push the price up and make the price down because more sellers than buyers
If you look at the telegram there different projects that always said the bounty hunters was the one to blame about dumping the coins.
But we are not the on doing that thing to dump the price of it they dont have any evidence to accuse us for dumping the coins.
And the only thing that I know was the project if the end of distribution we all see the price was dump and the bounty rewards are not distributed yet so why they said the bounty hunters the one blaming the dump.

And I agree to you not all or we bounty hunters are not the one dumping the price and actually we hold it for so long.
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November 12, 2020, 10:10:09 PM
 #20

The reason why they can easily blame the bounty hunters is because we don't have a voice. There is no one who can communicate directly to them, whatever the blame they say to bounty hunters, there will be no response coming from hunters. Most of the time, blaming bounty hunters is the way of the project team to easily abandon the project, they say that the price have no future because bounty hunters already dump the price.



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