It is not minimizing the situation. But it was only a week.
I think it would have been worse, if the campaign had run for several weeks, leading some to leave the funds there and withdraw everything together at the end of a few weeks.
It is true that it is a loss. And it makes everyone involved uncomfortable.
Users who campaigned felt they missed out on other opportunities
The manager felt cheated and may see his reputation minimized.
Anyway, we all make mistakes.
This case (another one unfortunately), shows how we all have to be very attentive. Good luck to all those injured.
It’s true, losing one week’s payment is not the same as losing five weeks. Even if a person’s first withdrawal goes through, that doesn’t justify that the platform is legitimate in the long run. The beginning of many entities often looks good to create a sense of legitimacy, and only later does its true face appear.
For me, if I were a Bounty manager, I would not accept to promote them for a short period of less than 4–6 months. I would keep 90% of the campaign funds in my escrow wallet, and keep the remaining 10% to be paid later, perhaps via their platform as part of a review campaign.
But to accept that the payment to be through their platform, which has been around for less than a month, is undoubtedly a huge risk, because no one knows whether they will continue in the industry with genuine intentions or if their goal is an exit scam, collecting players’ and promoters’ funds and stealing them, as happened. I hope this serves as a lesson for bounty managers who are not aware of the potential risks.
