The Broken Promise For The Hunters

[ancafe]

In fact, there are several ways to avoid such a thing, namely by finding a bounty that has escrow. however, a trusted escrow will distribute their existing tokens according to a predetermined schedule. unfortunately, sometimes a project that uses escrow doesn't have that many allocations. well, it is an option. besides, this is all one of the risks of becoming a bounty hunter.

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[bryant.coleman]

Yes. I think there is no need to complain in times we don't receive tokens as rewards because we know in the first place that being a bounty hunter has no guarantee to earn profits or rewards either we got scammed or the project failed to reach its market cap. But it's always a blessing to be rewarded though after all our hard works and efforts for the success of the project.

The bounty hunter needs to do some research on his own, to find out whether the project is capable of achieving the soft-cap or not. Sometimes, the projects keep soft-cap at unviably high levels, and as a result of this the project fails to get investment. The bounty hunters suffer in the end, as no one is going to reimburse all the hard work they put in to promoting the project.

[sangkler11]

Bounty hunters are those who enthusiastically join a campaign to promote a specific project to earn only a small amount of money from crypto.

But unfortunately, many project if not failed, they just give promises to the hunters to pay for their hard works after a couple of months which is still good to the part of the hunters and can do nothing but wait for the exact date that the project has promised.

Unfortunately, when the exact date comes, the project still refuses to send the reward for the hunters for the reason that they need to change their website and not keeping their promise. Anyway the website has nothing to do with the distribution of rewards, right? They promised to distribute rewards for ETH addresses, but not for accounts on the website.

This is very disappointing in the part of the bounty hunters, but what the hunters can do? Still nothing, but always hope and wait.

I believe a great project will be successful if they have a good marketing strategy with the full support of their team. The reward they provide for hunters is only a small percentage to promote their project. That is why I think they should give what is for the hunters, whether their project is successful or not.
Although hunters also wish the project success, of course.

What do you think guys, I am right or not?

therefore we as bounty hunters must research the project before joining the bounty program, there are even projects that are successful in token sale but they haven't paid hunters until now like (envion, tokenpay, etc)
therefore just enjoy as a bounty hunter, don't expect much nore on the projects you are promoting.
if they later pay the hunter's it is a fortune.

[CuriousGeorge]

Thing might take a different turn for bounties very soon, years ago when bounties was still a big deal it was ICO days where almost all new projects are raising funds easily and also altcoin season in 2018 was a big boost for all new projects even the shitcoins too, now same thing might happen again

i don't think so, that was the reason why projects were successful ICOs but now, a lot of good projects who can raise millions of dollars don't need to make a bounty campaign, only some few projects that are kinda successful do bounties, others just don't need it.

Some projects are still need to create the campaign as promotional purpose and did you see that before there were bunch of legit bounties launched on this forum? I can mention some like ludena, injective protocol, hex, stobox and many more. that's enough to prove it.

[bakasabo]

In fact, there are several ways to avoid such a thing, namely by finding a bounty that has escrow. however, a trusted escrow will distribute their existing tokens according to a predetermined schedule. unfortunately, sometimes a project that uses escrow doesn't have that many allocations. well, it is an option. besides, this is all one of the risks of becoming a bounty hunter.

It is hard to find a project that will agree to transfer bounty reward before bounty started/ended. So far I have seen only two managers who escrow bounty rewards (if we talk about bounty with reward payment in projects altcoins). They are julerz12 and bounty detective. First one did not manage campaigns for a long time, second - "it is complicated" like facebook says.

Escrowing reward is not always a solution. I remember when manager held rewards, but waited eth from project for distribution. Or situation with Bounty Detective - they hold reward, but project did not raise enough funds and decided not to continue development.

[Zeehaxan]

Bounty hunters are those who enthusiastically join a campaign to promote a specific project to earn only a small amount of money from crypto.

But unfortunately, many project if not failed, they just give promises to the hunters to pay for their hard works after a couple of months which is still good to the part of the hunters and can do nothing but wait for the exact date that the project has promised.

Unfortunately, when the exact date comes, the project still refuses to send the reward for the hunters for the reason that they need to change their website and not keeping their promise. Anyway the website has nothing to do with the distribution of rewards, right? They promised to distribute rewards for ETH addresses, but not for accounts on the website.

This is very disappointing in the part of the bounty hunters, but what the hunters can do? Still nothing, but always hope and wait.

I believe a great project will be successful if they have a good marketing strategy with the full support of their team. The reward they provide for hunters is only a small percentage to promote their project. That is why I think they should give what is for the hunters, whether their project is successful or not.
Although hunters also wish the project success, of course.

What do you think guys, I am right or not?

Now there is a new excuse in the market which effects only bounty distribution and that is 'ethereum transaction fee' is high. Strangely it only matters when they have to distribute the bounty rewards and it is just another lame excuse in my opinion because they can bundle up transactions to reduce transaction costs and there are many services available for this even if the team cannot do it themselve so all these are lame excuses.

[Japinat]

........... they hold reward, but project did not raise enough funds and decided not to continue development.

This is one of the risk, sometimes it even take months to promote the project, and what bounty hunters get? Nothing, because the project failed and the effort will just be wasted.

[bitcoindusts]

........... they hold reward, but project did not raise enough funds and decided not to continue development.

This is one of the risk, sometimes it even take months to promote the project, and what bounty hunters get? Nothing, because the project failed and the effort will just be wasted.

It is fine as long as the project owner pays the bounty hunters and never swap the token after the payment is done.  What is not fine is the project owner tends to delay the payment and at the end never pay at all, while others distribute the payment then afterwards create a new token and require the bounty hunters to do KYC in order to swap their token which is very unfair to the point of being scammy.

[inanilujimi]

be a smart bounty participant in order to avoid the problems you say, such as the project not paying bounty participants or stalling for time as if bounty hunters are considered by them as parasites.
We have the option to work on the bounty so use research before entering into it, try to follow the bounty held by the best manager at the forum or the bounty has been registered at the market even though the prizes are small but to my knowledge, at least we are paid for our work as bounty hunters.