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Author Topic: What is your opinion on the method of payment for bounty rewards?  (Read 464 times)
wizzy9514 (OP)
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February 08, 2022, 12:22:10 PM
 #1

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?
noorman0
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February 08, 2022, 02:11:31 PM
 #2

That's fair in my opinion. By writing proof of joining, it means the hunter has signed a "work" agreement contract because they are considered to have agreed to the rules and the token/coin reward offer (with a certain estimated price) written in the thread.
If in the end they get a return that is not worth it, then it's a risk that must be accepted. Therefore, hunters are also required to conduct independent research before promoting.

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February 08, 2022, 08:51:15 PM
 #3

It's you the bounty hunters that keep voluntarily encouraging the habit of being paid peanuts or worthless tokens. Why should you keep joining bounties very well, knowing they don't pay well?

It's a free market, they have a choice to pay whatever they want to pay, you also have a choice to join or not to join.

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February 08, 2022, 09:40:31 PM
 #4

Bounties are just incentives and no one forces people to join them. They have their rule about stakes and shares but no one really has the idea on how much they would end up when distributed to individuals. When you read their rules about the payment, it's a pool. And you know it when it's a pool, the more participants, the lesser reward is going to be on everyone's share. So if you think at the beginning upon reading the project's bounty you're about to join and it's not worth it. Don't join. And if your worry is about the resources that you're going to use, it's better to find a real job online than joining any of them.

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wizzy9514 (OP)
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February 08, 2022, 10:20:12 PM
 #5

Thank you so much for replying.  We Bourbon hunters still need to survive in the cyber world too. If there's any other nicer job you can recommend it will highly be appreciated. Thank you again for your kind gesture.
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February 09, 2022, 04:23:51 AM
 #6

At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?
Actually it is. But we cant required the project to payment they arent sure about. So better option here is to avoid those projects that sounds suspicious. Its really rare to find projects nowadays that keeping their promises. Ive also experience a lot before and now I quit it since its not worth anymore. Focus on being a reliable member here and maybe you could land a good signature if you rank up later on.
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February 09, 2022, 05:44:11 AM
 #7

At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?
Actually it is. But we cant required the project to payment they arent sure about. So better option here is to avoid those projects that sounds suspicious. Its really rare to find projects nowadays that keeping their promises. Ive also experience a lot before and now I quit it since its not worth anymore. Focus on being a reliable member here and maybe you could land a good signature if you rank up later on.

The forum can do something if they see it necessary, so the question of we can't do anything is incorrect, there are certain ways to approach this that can benefit both the projects and the forum participants, which from my own point of view can boost the quality of advertisement the project will get in return.

Since there are no such laid down rules (especially payment aspect) governing the payment of a campaign here in the forum, it is entirely up to the project host to decide what type of payment method will be provided during the campaign, they are not obliged to provide any specific payment method. Any participants who decide to join either way have no reason to complain afterward.

In most cases, you will find literally bots are a good percentage of the workforce of most of the native token paying alts campaigns (social media campaigns especially), it is basically you get what you give kind of situation, if you are paying peanut, you get a crappy job.

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February 09, 2022, 06:04:46 AM
 #8

I think we should not just blame bounty campaigns for paying cents, but we should also blame some participants for joining bounty campaigns without reading the rules and without researching the project that they are working for. I am a bounty manager, seriously sometimes I see participant's reports that are worthy of $0.1 because many of them will just join to earn but not to promote the project, I mean they just write anything even copy and paste from others just to earn money.

I believe if participants start to treat bounty campaigns as real work, then projects will start treating bounty hunters as real workers and they'll pay them good amounts!
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February 09, 2022, 08:08:24 AM
 #9

Thank you so much for replying.  We Bourbon hunters still need to survive in the cyber world too. If there's any other nicer job you can recommend it will highly be appreciated. Thank you again for your kind gesture.
Adaptation is what you guys need to do. If there's not that much opportunity anymore with bounty hunting, you have to upscale your skills and way of working online. Check yourselves on what kind of skill you guys are good at and then look at the marketplace of freelancers where you can offer that. It could be fiat based platform for payments or crypto payments. An example of a crypto freelance marketplace is like the Services and Marketplace (Altcoins). Also this one: https://www.reddit.com/r/Jobs4Bitcoins/

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February 09, 2022, 08:22:23 AM
 #10

It would be nice if the rewards is escrowed I see many projects that scam participants or probably the best way is to pay USDT or Ethereum but they should make sure that the participants will only use 1 account I see many cheaters about bounty campaign by enrolling multiple accounts at once on the same campaign.

ya.ya.yo!

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February 09, 2022, 08:51:34 AM
 #11

My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents.
that's how bounty works. Your income was totally random and this depends on so many factors like how many participants, how much stakes collected and amounts allocated to the campaign, etc.

Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny.
You joined on it and that's why you must know the risk. If you can deal with it and then just continue to work and if you can't accept it and then try to find another campaign. That's why the hunters are playing the quantity over quality but some campaigns have been limiting its participants as well.

At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks.
Hey, no one force you to do the bounty and you can use this as your side job only if you have a free time.

There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?
that depends on what campaign. I can't say a lot about this but try to participated in the stable coin campaign.

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February 09, 2022, 09:28:29 AM
Last edit: February 10, 2022, 04:21:48 AM by TheUltraElite
 #12

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task.
Maybe you are new to this but being paid is way more broad to speak of in terms of what bounty is compared to a daily wager. Bounty tokens are shitcoins worth nothing in 99% of cases.

Quote
What do y'all think about this?
This has been posted in a number of ways and in a number of places. Point is that there will always be some underdogs trying to get some shitcoin worth nothing and doing a lot for that, a low blow type of mentality among many. Because of them there is no uniformity in bounty payments and likely never will.

It is best left as it is, bounties section is a mess since a long time and spammers dominated there before the merit system was introduced. It has culled the spammers to some extent but not much.

My honest suggestion to bounty hunters is to stop doing bounties, try to improve their merit score and get into bitcoin paying campaigns.

R


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February 09, 2022, 04:53:35 PM
 #13

I believe if participants start to treat bounty campaigns as real work, then projects will start treating bounty hunters as real workers and they'll pay them good amounts!
What is more important is setting ourselves up to get a commensurate value. A hunter must be willing to be paid low because there is no skill required in this profession. If we want a commensurate income, we must become experts in a profession so that we will determine our rates, not the other way around.

I think, bounty task is not a job, just a time bet. If you are lucky, the time spent will result in a high win (reward).

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February 09, 2022, 10:51:02 PM
 #14

I really appreciate the facts that people have different opinion on this. Just like there are rules governing the the do's and don't in this forum, I think it will be fairer if such rules are also implemented to govern task reward. In so doing, there will a uniform method of payment in the forum and anyone (individual or company) who embarks on setting up a project will know the number of participants expected to participate and how much they will be paid according to to the stakes given . But at least it should be worth each ones time and energy.

Talking of improving skills to earn high, nobody wakes up to gain skills automatically without actually practicing what he learns to gain the skills. In as much as bounty should be viewed as workshop to improve skills and knowledge, people's time time should be rewarded because they help promote a project in seemingly unknowing ways.

And as for the bounty hunters, I suggest you do not become ignorant of rules governing a project. As our predecessors all said, bounty is at your risk. Please educate yourselves to understand the payment pattern of a project in question  before participating. It will be help keep fraud at minimum.

We all want to maintain decorum and keep the forum safe for everyone. Let's collectively work hard to keep everything fair and reasonable.
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February 09, 2022, 11:21:00 PM
 #15


Being fair is "subjective" because, in the first place, bounty hunters should accept the fact that their whole month effort or so might not be rewarded with their expectations. In most cases, you are rewarded fairly "with the token" as to how it was tallied but don't expect you will get your expected market value.

Complain if those tokens are not distributed. And actually, bounty works in most cases just become time-consuming because others users are using multiple accounts, or let's say it's just a single account but participating on lots of different bounties contributing to the workloads. And in the end, disappointed because the expected money reward doesn't reach.

From now on, you should understand that's how bounty works. That's why it was even called a "bounty" in the first place.

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stomachgrowls
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February 09, 2022, 11:34:22 PM
 #16

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

Deal with it yet this had been always the risks once you do decide on engaging with bounties on which you would really be having that tendency on receiving something from the work you have done or doesnt really get any which had been always part of the risks.Its not always a guarantee that you would get paid or getting something that you had worked for which means that you should
accept the risk whenever you have decided on engaging with bounties.

You arent the only ones who have these kind of thoughts but facing off the reality then you should accept it on the first place.Yes, its not easy but this is how reality works.

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February 10, 2022, 03:26:26 AM
 #17

When you get paid in tokens and if project turns out to be good you will be paid out way more than dollar/btc/eth paying bounties.

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.Duelbits.
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February 10, 2022, 04:25:53 AM
 #18

When you get paid in tokens and if project turns out to be good you will be paid out way more than dollar/btc/eth paying bounties.
This is no longer true my friend.

It was true some 5-6years back and that time was when the bounties boomed and so did the signature campaigns. Some unscrupulous people came to this forum and made huge number of accounts just to abuse the campaigns leading to the DT members having to put negative trust on a number of such account stashes. Naturally when you give free entry to a large amount of money without verifying the people running the account, you will face abusers.

This changed quickly when the number of shit projects went up and legit projects went down. The same abusers started complaining of this - talk about thief's having big mouths.

R


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February 10, 2022, 08:50:49 AM
 #19

As long as people are ready to promote the bounties for tokens which doesn't have any value the discussion weigh zero in this community because people need to stop promoting shits for shit tokens then only those shit projects will invest some real money for their marketing which allows people to earn for the tasks they're doing.

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February 10, 2022, 10:51:05 AM
 #20

Bounty is one of the medium used as a means of creating awareness about a project. As the name implies it is supposed to be a "paid to perform" task. If you're so new to bitcointalk forum I mean those task where you will be asked to perform some task to in order to get rewarded with some tokens. My main concern is the mode of payment. I've realised that upon all this task they are told to do which in one way or the other help boost the project in question, they end up being paid in cents. Some of them pay with tokens that are not listed which means you can't sell it anywhere. Seriously it's not funny. At least people should be treated fairly for their time, knowledge and energy. Bounty distributors should also know that it takes resources(mobile, data subscription, electricity) to perform those tasks. There should be a fairer reward distribution and not meagre tokens that is not even worth a dollar.
What do y'all think about this?

Joining in Bounty Campaign can be consider as an investment because the project that launching the campign is still in the initial phase. They are using a certain percentage of there token for marketing so it means the reward will be dependent on the result of the sales that will bring value to the token. Project that choose bounty campaign as marketing are those lack of initial funds to get a proper marketing. They will not gonna do bounty campaign if they initial funds so in conclusion you should do your own due diligence when joining bounty campaign because its an investment.

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