Another deception of bounty payments to hunters POOLZ

[Shef198911]

Hello everyone. On October 7, the bounty company POOLZ was launched and in the branch itself from the very beginning it was written that payments will be made in 2 weeks after TGE, so the moment of the end of the bounty has come. Not only that Final spreadsheets was ready after 2 months, but also that the team changed the terms of payment, and as we can see in the screenshot below, the oin from the very beginning did not reserve tokens for the bounty company, and for this they stretch payments for 2.5 years at 20%, it turns out that they had tokens for sales, and as they have to pay hunters, so again some problems, I think this is a rude and cruel deception towards hunters, at the peak of their popularity, they do not want to pay as expected, what they themselves promised, all questions in the telegram group are deleted, and users are blocked ! I believe that it equals a full stepet to scams ! and I hope that maybe there will be people who can influence the team !

Bounty link - https://bitcointalk.org/index.php?topic=5280470.0
BM - https://bitcointalk.org/index.php?action=profile;u=1110071

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[Shef198911]

it is especially disappointing that at the beginning of the company, the tokens were not minted yet, the issue of tokens was after the bounty of the company, the company made a reserve for sales, and the bounty company was not, so they immediately planned to deceive the hunters!

[Rikafip]

Pretty much standard practice, as seen so many times before:

• Start bounty campaign with inflated bounty pool in order to attract as many bounty hunters as possible
• Set the exact distribution date so bounty hunters have something to look forward to
• When you see that your token is performing well, screw the bounty hunters any way you can-delay the distribution, lower the bounty pool, be more strict etc. The only limit is your imagination
• Once token is worthless, start bounty distribution.

I am sorry that you guys got screwed, but until bounty hunters start joining only bounty campaigns that have escrowed  bounty pool, this will keep happening. Problem is, chances of that happening are slim to none.

[Shef198911]

Pretty much standard practice, as seen so many times before:

• Start bounty campaign with inflated bounty pool in order to attract as many bounty hunters as possible
• Set the exact distribution date so bounty hunters have something to look forward to
• When you see that your token is performing well, screw the bounty hunters any way you can-delay the distribution, lower the bounty pool, be more strict etc. The only limit is your imagination
• Once token is worthless, start bounty distribution.

I am sorry that you guys got screwed, but until bounty hunters start joining only bounty campaigns that have escrowed  bounty pool, this will keep happening. Problem is, chances of that happening are slim to none.

I'm not the first day in bounty, and saw the division of the distribution, But this distribution I see for the first time, and still brazenly declaring that we generally reserve the token was not there, and 1 time in half a year to just 20 %, not knowing what will happen with the token even after a month

[baigreen]

Now we must show our persistence. Many of my friends have participated in this project. They are very angry. The team deceived them. The manager deceived them. How do we deal with this?


It's time to create an app from the hunters called Red Trust. If they deceive people, then they will throw investors too.


dakdao reputation? They chose an investment project that threw people away.

[Cryptoreflector_666]

The same situation was a little earlier with the company DEGO. And the manager is the same. More details can be found here: https://bitcointalk.org/index.php?topic=5285048.0

[Shef198911]

Now we must show our persistence. Many of my friends have participated in this project. They are very angry. The team deceived them. The manager deceived them. How do we deal with this?


It's time to create an app from the hunters called Red Trust. If they deceive people, then they will throw investors too.


dakdao reputation? They chose an investment project that threw people away.

BM says that he tried to solve the problem, but at the same time she would like postponing the final table as they could, nonetheless, closed the bounty group, the fact that she tried to solve the problem, I believe only after it will throw off a screenshot of the correspondence where he tried to do it, as this is not the first company which acted last her company did like follows https://bitcointalk.org/index.php?topic=5285048.0

[target]

Spare the BM, its not his fault that the team decides to do this. But six months for 20% only and another six months for 20% until 100% is distributed?

The bounty hunters could just give up and not claimed it if it took that long.  I look at the price https://www.coingecko.com/en/coins/poolz-finance and it looks like they do have a valid reason.  Thats a huge amount considering they are to distribute 25,000 POOLZ.

I'm confused POOLZ or POZ?  The bounty thread is indicated its ticker is POZ, maybe they can give the POZ right now but not the POOLZ.  

[Shef198911]

Spare the BM, its not his fault that the team decides to do this. But six months for 20% only and another six months for 20% until 100% is distributed?

The bounty hunters could just give up and not claimed it if it took that long.  I look at the price https://www.coingecko.com/en/coins/poolz-finance and it looks like they do have a valid reason.  Thats a huge amount considering they are to distribute 25,000 POOLZ.

I'm confused POOLZ or POZ?  The bounty thread is indicated its ticker is POZ, maybe they can give the POZ right now but not the POOLZ.  

In your opinion, the price of the token is an indicator to pay 2.5 years? A little strange situation turns out, we have to promote them, try to attract investors to buy a token, and when the token really gains popularity, we do not immediately get what we earned, it turns out that we are to blame for this? We, too, have made an effort in their current popularity and value, and we now suffer for it

[Rikafip]

I'm not the first day in bounty, and saw the division of the distribution, But this distribution I see for the first time, and still brazenly declaring that we generally reserve the token was not there, and 1 time in half a year to just 20 %, not knowing what will happen with the token even after a month

Yep, I agree, waiting for two and a half years to  get all of your bounty tokens is ridiculously long and it should have been mentioned right from the beginning of the bounty campaign but they are perfectly aware of the fact that many probably wouldn't even bother to join. But that's a life of a bounty hunter hunter I guess..

BM says that he tried to solve the problem, but at the same time she would like postponing the final table as they could, nonetheless, closed the bounty group, the fact that she tried to solve the problem, I believe only after it will throw off a screenshot of the correspondence where he tried to do it, as this is not the first company which acted last her company did like follows https://bitcointalk.org/index.php?topic=5285048.0

To be honest, I don't think that bounty managers can do much in these situation since they don't have bounty tokens or any escrowed funds. They have no way to leverage the project to pay bounty hunters. What you as bounty hunter can do is to avoid managers where this kind of thing happens more often than not and that's about it.

[Shef198911]

I'm not the first day in bounty, and saw the division of the distribution, But this distribution I see for the first time, and still brazenly declaring that we generally reserve the token was not there, and 1 time in half a year to just 20 %, not knowing what will happen with the token even after a month

Yep, I agree, waiting for two and a half years to get get all of your bounty tokens is ridiculously long and it should have been mentioned right from the beginning of the bounty campaign but they are perfectly aware of the fact that many probably wouldn't even bother to join. But that's a life of a bounty hunter hunter I guess..

BM says that he tried to solve the problem, but at the same time she would like postponing the final table as they could, nonetheless, closed the bounty group, the fact that she tried to solve the problem, I believe only after it will throw off a screenshot of the correspondence where he tried to do it, as this is not the first company which acted last her company did like follows https://bitcointalk.org/index.php?topic=5285048.0

To be honest, I don't think that bounty managers can do much in these situation since they don't have bounty tokens or any escrowed funds. They have no way to leverage the project to pay bounty hunters. What you as bounty hunter can do is to avoid managers where this kind of thing happens more often than not and that's about it.

the fact that the Manager in this estuarie can not do anything, this I understand, but it can directly branch to write what will probably be the payment split or after a while, what the payments will be 2 weeks after TGE? is this also the team's fault ? these statements already mislead hunters, in the hope that it will how to write a Manager, I have met companies that once wrote in the thread that payments will be paid in 18 months, and still people were involved, but knowing about the payments and, without anyone who did not suit, they soon missed the topic by

[examplens]

In your opinion, the price of the token is an indicator to pay 2.5 years? A little strange situation turns out, we have to promote them, try to attract investors to buy a token, and when the token really gains popularity, we do not immediately get what we earned, it turns out that we are to blame for this? We, too, have made an effort in their current popularity and value, and we now suffer for it

OP, do you ever talked with bounty manager about this problem? I see on his profile page, he says "Need professional bounty manager? Hit me" but this does not seem to me to be professional campaign management. he had to use some escrow and hold the tokens intended to bounty participants. You need to point them to this thread.
it is understandable that they want to protect the token value, bounty hunters usually sell tokens immediately and ruin his price, but waiting for 2.5 years for bounty rewards it is unacceptable.

[Shef198911]

In your opinion, the price of the token is an indicator to pay 2.5 years? A little strange situation turns out, we have to promote them, try to attract investors to buy a token, and when the token really gains popularity, we do not immediately get what we earned, it turns out that we are to blame for this? We, too, have made an effort in their current popularity and value, and we now suffer for it

OP, do you ever talked with bounty manager about this problem? I see on his profile page, he says "Need professional bounty manager? Hit me" but this does not seem to me to be professional campaign management. he had to use some escrow and hold the tokens intended to bounty participants. You need to point them to this thread.
it is understandable that they want to protect the token value, bounty hunters usually sell tokens immediately and ruin his price, but waiting for 2.5 years for bounty rewards it is unacceptable.

I certainly apologize, but this is not her first bounty company, and not the first such case, and not the first day on the forum if you look at the rank, and I have to teach how to run a company ? I also noticed that there are problems with content verification, I offered my services in the help for content verification, as I have experience in this field, but I also ignored it, did not respond at all, and at the same time there are still people in the team.... I doubt that they do not know about such things, but they still write that the payments are immediately through ... time

Depositing tokens can't be done, because when running the bounty of the company, the token has not yet been minted, the release token was after the bounty company, and already knowing that was conducted by bounty, the company has not reserved tokens for this, ie it was already pre-planned to outwit the hunters

[Kittygalore]

Is there anything that you can do pursue actions against this company, they wasted your time is a valid reason for you to do something. Bounties have been a rare thing these days because of them ended being a shitcoin. The Telegram message is as generically evil as it can get and that is by playing with your emotions, of the things that I see in the message they praise your work, they say thanks to you because they got what they want which made some of you feel part of the team, they make you anticipate by telling that the prices multiplied, and suddenly pulling down the rug on you by telling the people that they do not have a token at hand, this is the most scummy corporate thing that I have seen in a while.

it is especially disappointing that at the beginning of the company, the tokens were not minted yet, the issue of tokens was after the bounty of the company, the company made a reserve for sales, and the bounty company was not, so they immediately planned to deceive the hunters!

This means that while doing the campaign, there were still no tokens available, right? If it is then that could have been a red flag because there is only air when they promised the bounty hunters a reward.

[lovesmayfamilis]

You write that it is not your first year in the bounty, but you still continue to wonder at the deceptions that exist there. The question arises: "How did you want?" Do you have any examples when such projects were seriously punished? As far as I know, participation in bounty companies is an agreement that at any moment you can be deceived, not paid, and so on.
OP, why have you stayed true to this occupation for so many years? Does it make you good money?

In any case, I am very sorry for you.

[Shef198911]

You write that it is not your first year in the bounty, but you still continue to wonder at the deceptions that exist there. The question arises: "How did you want?" Do you have any examples when such projects were seriously punished? As far as I know, participation in bounty companies is an agreement that at any moment you can be deceived, not paid, and so on.
OP, why have you stayed true to this occupation for so many years? Does it make you good money?

In any case, I am very sorry for you.

Yes, this is not the first company that throws us, it's just much more offensive when it's done by really working companies, not scammers... And I created a topic so that people know what actions this company is capable of... There was an announcement from the CEO, wrote what they think about the revision of the payment schedule, let's see what they decide

[ARTCOINSLV]

They did not have time to enter the market, but they had already managed to throw shit on those who worked for them and promoted their project.
What will happen in half a year, year? Nothing will happen, they will withdraw the money, and the project will go to the bottom.

[bakasabo]

There is always a "7. The bounty manager and the project team reserve the right to make changes to the conditions at any time." rule (loophole) in every bounty campaign is bounty hunters should get used to terms being ignored, new rules added and etc. It is always sad when such things happens, but that bounty hunters fate.

I have participated in this bounty and I hope I will get my rewards automatically. Hope that I dont have to remember about it and claim reward every half a year.

My suggestion is to relax and wait. Think of it from the bright side - if you would sell everything now, but POOLZ token price continued to grow, you would feel even worse than "be deceived".

P.S. Hero/Legendary signature participants are in even worse situation. With token price $12.80 and their 352 token reward, I feel really bad for them.

[examplens]

My suggestion is to relax and wait. Think of it from the bright side - if you would sell everything now, but POOLZ token price continued to grow, you would feel even worse than "be deceived".

this is wrong. plus, such a payout model was not announced at the very beginning of the campaign. All bounty hunters are deceived right now, this token can worth $1000 but what does that mean, if they don't have it. Who knows what will happen after 2.5 yrs. Maybe they want to sell all earned Poolz and convert it to Bitcoin. Probably they will have more after that period.
They need to pay what they promise if it's a really good project, then it will not ruin their price.

[bakasabo]

My suggestion is to relax and wait. Think of it from the bright side - if you would sell everything now, but POOLZ token price continued to grow, you would feel even worse than "be deceived".

this is wrong.

I agree that this is wrong, but what bounty hunters could do except just wait, ignore the project or ignore new bounties from BM (which will be very hard to do or it will be useless, as there are always hunters who wish to join).

I remember back in 2018 few bounty cases, where hunters made a complainant topic on bitcointalk and spread information about not receiving rewards. All of them ended with no positive results. Two cases stuck in my memory actually. In first, team promised to distribute rewards in one month and return bounty pool to original amount. After one has passed, nothing happened, new accusation topic was made, but had no result. Second case - hunters managed to contact project CEO and major investors and told that they are scammed - in result investors pushed on the team and force them to skip bounty reward distribution, because "this would impact on price and they would lose money"...