Amepay does not keep payment promises Bounty

[poldanmig]

ANN Thread : https://bitcointalk.org/index.php?topic=5280826

Bounty ANN : https://bitcointalk.org/index.php?topic=5298679.0

Manager Profile : https://bitcointalk.org/index.php?action=profile;u=2860610


Here I am disappointed with the campaign managed by @SmallRabbit as manager. I followed the bounty campaign which he participated in the signature campaign campaign.

In short, the initial agreement was that Bounty payments were made every week. But due to higher transaction fees it makes payment delays. We as participants understand this. But it is almost 4 weeks since the 8th week that the Campaign is finished,  3 weeks from now there is no clear payment. Tried through the telegram line but for one week he did not respond.


The reason for the transaction fee should not be the issue. you have created a new policy where the payment is only 1X every 1 month isn't that a good thing ?. because it can save on payment transactions. but here in fact the participants have not received payment.

[Oneandpure]

They have issues delay payment because higher gas fees transaction, I think is not worry I am participants will sent ethereum as fees transaction, but still coin on bounty campaign manager wallet? many time I think team Amepay have distribution for bounty campaign manager but did coin sell early by bounty manager? if not I will pay eth 10$ as fees transaction and waiting my coin sending to wallet.
At the beginning campaign payment every week but now almost one month payment still delay.

[Vod]

Manager Profile : https://bitcointalk.org/index.php?action=profile;u=2860610

So you lost money spamming others?  And you are complaining the new copper campaign manager embezzled some funds he was going to pay you?

They have issues delay payment because higher gas fees transaction, I think is not worry I am participants will sent ethereum as fees transaction,

Your buddy is still backing them.

How many hundreds of millions of USD did you lose?   Watch for my book.  

[Rikafip]

Just to be sure what's going on here, @SmallRabbit has bounty funds and  he/she decided to postpone bounty distribution due high fees? Or Amepay is in charge of distribution and it was their decision?

I think that we are about to see a lot of similar threads in the future for bounty campaigns with erc20 tokens as transactions fees won't go down anytime soon and in most of cases they will be higher than the value of tokens. It's not a valid excuse of course, but if I am bounty hunter I would think twice before accepting to work for months without being sure that I will get paid in the end.

[poldanmig]

Just to be sure what's going on here, @SmallRabbit has bounty funds and  he/she decided to postpone bounty distribution due high fees? Or Amepay is in charge of distribution and it was their decision?

Regarding funds, I don't understand whether it's already in the Manger wallet or not. He reasoned as I mentioned that the transaction fees were high to ship and the team was busy.

2X The payment policy he changed and the last one every month there will be a payment but in fact there is no. it should have been sent because he can save transaction fees from the initial weekly payment and change mounthly

[examplens]

Amepay price rise from $0.005 to $0.04. This is much more for bounty payments than they had planned. It will not be the first time some project has changed their mind and reduced the budget for the bounty program. They may be happy with the current situation, so they feel that they no longer need bounty hunters and this campaign.

btw. haven't there been complaints before about payments to campaigns managed by @SmallRabbit?

[Rikafip]

Regarding funds, I don't understand whether it's already in the Manger wallet or not. He reasoned as I mentioned that the transaction fees were high to ship and the team was busy.

I see. I just asked as I saw that @SmallRabbit got tagged for this as it wasn't clear from your post whether you think that it's his or Amepay fault for not sending toke tokens. If they are adamant about waiting for fees to go down, I think that you will wait for tokens for much longer than this, unfortunately. ETH price keeps incrasing and  so are the transaction fees,

Amepay price rise from $0.005 to $0.04. This is much more for bounty payments than they had planned. It will not be the first time some project has changed their mind and reduced the budget for the bounty program.

True, that was my first thought too, that they decided to delay the distribution due price increase, but their bounty started even before exchange listing and I guess they based the based signature payrates on ICO price, which was 1 AME = 0.024 USD and price now is not so much higher that price increase should be an issue. But who knows, maybe they are so stingy that they are indeed waiting for a dump so they can distribute the tokens, as we've seen so many times before.

Based on what's written in the bounty thread, Amepay owes tokens from week 6-9. Since week 9 has not been calculated yet, for week 6-8 they are suppose to distribute 867,450 AME worth approximately 35,000 USD. That's not an insignificant amount of money and when you add on that transactions fees, I wouldn't be surprised if they delay token distribution indefinitely.

[2double0]

Small Rabbit told us about a distribution wallet that sent out some tokens to those who staked their AME tokens on exchange's and the main wallet. Those interest values were manually paid by the team but we don't know why are they now delaying to pay us. I think that even the manager is helpless here because it is the team and their hired men who are putting pressure on him to ask us to keep patience and support the delay while the price is only increasing. Even if it is not manager's fault, i think that if the team 'now' decides not to pay us, the manager's reputation will be harmed.

[Yogee]

You should ask what is their ideal gas price to see if their target is realistic or not since "High fee" is subjective.
How do they plan to measure that? Is it in gwei or is it in fiat value?

They are probably using a multisender to send all tokens at once and save on fees but I don't know how much the app charges the sender.

I also took a screenshot from https://etherscan.io/gastracker#gassender for comparison

The fees for ERC20 transfers are crazy high.

[Stedsm]

The fees for ERC20 transfers are crazy high.

I think ERC20 transfers are only a quarter of what these Defi based projects like uniswap, pancakeswap, justliquidity and others are paying, they are looking to keep the fees high to get their transactions confirmed quickly and so, we are now helpless and need to pay high to transfer our ERC20 tokens to an exchange. I think AME team is looking to average it out somewhere half of what is being used as fee right now because they recently processed a transaction from the distribution address to pay their stakes and kept gwei at 75 which didn't get confirmed, so they dropped and replaced it with a high fee of 0.09 ETH and sent it. The question that arose in my mind was, why didn't they include us in that batch!

[poldanmig]

btw. haven't there been complaints before about payments to campaigns managed by @SmallRabbit?

I joined in week 5. But before that it also seemed to be having trouble regarding payment. and the reason any transaction fee https://bitcointalk.org/index.php?topic=5309842.msg56106885#msg56106885

You should ask what is their ideal gas price to see if their target is realistic or not since "High fee" is subjective.
How do they plan to measure that? Is it in gwei or is it in fiat value?

There is no certainty about how much they will ship. I asked on the telegram line and the manager didn't respond. but the Amepay admin who also joins always says "Soon" without a certain date or at what cost they will pay

[The Cryptovator]

I don't know why the team declined to pay bounty stakes even after succeeding in the project. This is just a revelation of a narrow mind. Not answering legitimate questions means they just want to skip from distributing bounty stakes. Most likely they don't care about the accusation or tag since they already raised enough money. Why not you guys showing the community power? You spammed for them to get rewards, why now not running an anti-campaign against them by labeling them as a scammer.

Tagged both questioned accounts.

[Stedsm]

I don't know why the team declined to pay bounty stakes even after succeeding in the project. This is just a revelation of a narrow mind. Not answering legitimate questions means they just want to skip from distributing bounty stakes. Most likely they don't care about the accusation or tag since they already raised enough money.

Even i tried to ask the admin Bebo in PM that it's not good for Small Rabbit's rep and they should do something to save his back. This probably isn't looking good in any way and we are scared whether we'll be paid off for our work or not.  

Why not you guys showing the community power?

I believe that the fear of losing everything is maybe stopping everyone from doing that? I said this because I believe that none of the team guys are available here over Bitcointalk and even if they are, I believe they probably don't care about this place anymore as they've already received the response they expected and are now just ignoring us and this is not just limited to this but other campaigns too in which the team members don't come here but hire someone to create a campaign for them.

You spammed for them to get rewards

While I don't really care about this comment, I believe that you weighed everyone who worked for them, under the same scale which isn't fair at all as there were some good users too who dedicated their best to the campaign and are now left empty-handed and waiting for their rewards.

[cryptoaddictchie]

I don't know why the team declined to pay bounty stakes even after succeeding in the project. This is just a revelation of a narrow mind. Not answering legitimate questions means they just want to skip from distributing bounty stakes.
Tagged both questioned accounts.

Thats true. There are projects like these as well such as payaccept and some other succesful one. This is a strategy not only just to delay the payment but possibly let participants forget about it. They are using the high fee as an excuse, well technically its high however there are ways they can settle with it with their participants instead. The manager should pursue the project on insisting payment or else even his reputation as a manager will be affected for not trying out to compromise the hunters payment.

[Rikafip]

Even i tried to ask the admin Bebo in PM that it's not good for Small Rabbit's rep and they should do something to save his back. This probably isn't looking good in any way and we are scared whether we'll be paid off for our work or not.  

The thing I don't understand is why bounty manager keeps ignoring this thread? If he came and once again explained the situation and that distribution is not up to him  (I guess) chances are he wouldn't end up being tagged for this.

Why not you guys showing the community power? You spammed for them to get rewards, why now not running an anti-campaign against them by labeling them as a scammer.

Even if you get all bounty hunters on the same page (which I think is impossible) and run anti-campaign, I don't think that will force them to send the tokens. Bounty hunters have very limited reach and Amepay is probably aware of that, and that's why they behave the way they do.

Bounty hunters should simply stop joining campaigns where funds are not escrowed, but since that won't happen as there will always be enough of those that are ready to risk, these things will keep happening.

[Stedsm]

Even i tried to ask the admin Bebo in PM that it's not good for Small Rabbit's rep and they should do something to save his back. This probably isn't looking good in any way and we are scared whether we'll be paid off for our work or not.  

The thing I don't understand is why bounty manager keeps ignoring this thread? If he came and once again explained the situation and that distribution is not up to him  (I guess) chances are he wouldn't end up being tagged for this.

I believe that the bounty manager himself is afraid and confused whether the team is intended to pay or not, because if they won't pay, chances are that he'll get many more red tags that he has received currently (and I guess it's from Vod alone atm). And you were right, these bounties should be stopped here unless they use a reputed escrow of the forum and send him the amount of tokens intended to use for the bounty so to let the users be rest assured that they will be paid for sure.

[$crypto$]

Even i tried to ask the admin Bebo in PM that it's not good for Small Rabbit's rep and they should do something to save his back. This probably isn't looking good in any way and we are scared whether we'll be paid off for our work or not.  

The thing I don't understand is why bounty manager keeps ignoring this thread? If he came and once again explained the situation and that distribution is not up to him  (I guess) chances are he wouldn't end up being tagged for this.

Maybe @SmallRabbit to get rid of the traces of this accusation so that he never responds.
Now it is difficult to contact him again even though his account is always active every day, this is a failure they did so that he left his account tarnished with a red tag, even I support the red tag.

Based on what's written in the bounty thread, Amepay owes tokens from week 6-9. Since week 9 has not been calculated yet, for week 6-8 they are suppose to distribute 867,450 AME worth approximately 35,000 USD. That's not an insignificant amount of money and when you add on that transactions fees, I wouldn't be surprised if they delay token distribution indefinitely.

Is this because it is based on an increase so that the team doesn't want to distribute to hunters? I think this is an excuse that does not enter, even I see on his channel the manager only answers as simply as possible with "patience" without an accurate explanation, this should be understood and the manager must be ready with all the words that will be faced later.

[New_order]

I think the team are avoiding the payment somehow, it's very easy to deal with this problem, since the team have the tokens they shouldn't bother paying in their tokens, they can pay hunters in btc, Tron, USDT and others, saying gas fee is high is not an excuse, we are in bull run season and everyone knows that gas fee will be high already

[Yogee]

The fees for ERC20 transfers are crazy high.

I think ERC20 transfers are only a quarter of what these Defi based projects like uniswap, pancakeswap, justliquidity and others are paying, they are looking to keep the fees high to get their transactions confirmed quickly and so, we are now helpless and need to pay high to transfer our ERC20 tokens to an exchange.

I agree on your point with Uniswap and that can also be seen in the image. Pancakeswap is on Binance Smart Chain and Justliquidity is on Tron chain if I am not mistaken. The fees are considerably low on those two exchanges and liquidity platforms. I know for a fact that it only takes 10 gwei for a fast confirmation on BSC.

I think AME team is looking to average it out somewhere half of what is being used as fee right now because they recently processed a transaction from the distribution address to pay their stakes and kept gwei at 75 which didn't get confirmed, so they dropped and replaced it with a high fee of 0.09 ETH and sent it. The question that arose in my mind was, why didn't they include us in that batch!

Highlighted part was a very good point. It doesn't make sense to leave payments for bounty rewards behind if they used tools like multi-sender. They can send to thousands of addresses as far as I know.

......
There is no certainty about how much they will ship. I asked on the telegram line and the manager didn't respond. but the Amepay admin who also joins always says "Soon" without a certain date or at what cost they will pay

You may have to wait until ethereum 2.0 if you receive a response like that hehehe.

[Small Rabbit]

Amepay Signature & Bounty Sheet almost updated. The payment issue will be solve when team will free. Ame Team now busy for top 3 exchange, E-commerce site launch, Smart contract update and some more work. Otherwise eth gas fee too high. So, everyone please keep patience and kindly no worrys. Everyone will get payment but it take some time. Hope everyone fully understand. Just remember that AME will be a surprise for everyone. Have a good day for all