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Author Topic: Project managers failing to fill up signature campaign manager's wallet.  (Read 40 times)
Odogwu-Blockchain (OP)
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Today at 08:41:37 PM
 #1

I have observed this several times on the forum where signature campaign managers oftentimes pay campaign participant out of pocket. That is a loss of business on these managers and sometimes project managers do not return them or simply never return back again to continue campaign.

The project never contributed to the campaign fund and has failed to respond to follow-up inquiries; consequently, I have had to cover the costs for the last two weeks out of my own pocket. At this point, the project can be classified as fraud.

I am waiting for a wallet top up to continue this campaign and this includes the payment that is due today. Some issues that needs to be sorted and I apologize for the outstanding payment, will try to sort it out asap otherwise I'll pay you guys out of pocket.

As of right now this campaign is on HOLD and if you could please remove your signatures and avatars I'd appreciate it as that helps.


I want to ask these affected managers if they do not set their standard operating procedure or boundary to these project managers? To let them know that;

1. Signature campaign will pause immediately funds on the wallet is exhausted.
2. That failure to refill the campaign wallet a week before the last balance runs out will result in pausing the campaign.
3. And so on

Telling these project managers these rules will help safeguard yourself from treating business as charity promotional campaigns, you do not need to pay participant from your pocket in any way, treat your business with strict principles and leave by it.

I think these project managers are seeing your kindness as weakness, and in business you just have to be brutal and fair, to play the cards well to your favor incase things doesn't turn out properly.

I don't like it when managers are paying from pocket while project managers never return back, it's disgusting.

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Today at 08:57:41 PM
 #2

Those are top managers with years of experience dealing with project teams, I will like to think they know what they are doing for the most part. Decisions are not always set in stone when communicating with someone about a niche forum and the perceived benefits it offers them. Subjective decisions are sometimes made based on the communication they have had with this team so far, their perception of them and the potential risked amount. I'm sure there are a lot more times they pay out of their pocket which never becomes public cause they were reimbursed quickly.

I think these project managers are seeing your kindness as weakness, and in business you just have to be brutal and fair, to play the cards well to your favor incase things doesn't turn out properly.
The project managers are likely not aware of any previous times those campaign managers paid out of pocket.

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Today at 09:08:10 PM
 #3

Things like this happen.  I find that, just for processing invoices and nothing else ... I spend about 7 days straight. The issue here lies in the management hierarchy; if you aren’t communicating directly with the owner, you end up waiting a long time for what should be a simple request to be fulfilled.

As a manager, you have to rely on your intuition, the word of the client (if you’ve been working together for a long time), or other forms of guarantees you might have in place. For instance, over the last month, I’ve personally covered the costs for the "Lock" campaign, and before that for "Bets" and a number of other projects - all of which eventually paid up, albeit with some delays.

Sometimes, however, you’re left feeling like a beggar, trying to recover funds that a project failed to pay on time for one reason or another - even though those funds had already been paid out to the users (for example, one exchange currently owes 0.096 BTC for a campaign, plus unpaid fees for their sponsored pools.)

There’s even one project with a significant outstanding invoice covering 10 months of campaigns and various banner ads. It all comes down to how much you trust a project - enough to put your own capital on the line - as well as the size of their deposits and the specific nature of the partnership. There were even instances ... like with the Jambler project - where they would simply say something along the lines of, "do whatever you want with the remainder of the funds." I don’t recall the exact details, but I believe I ended up distributing a payout to each participant, equivalent to their weekly earnings.

Risk is unavoidable. But if you take that risk to ensure smooth operations and things don’t go as planned ... the users shouldn’t have to suffer for it; after all, their agreement is with you, not the project. If you pass those losses on to your users, then you’re a total piece of shit.

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Today at 10:24:56 PM
 #4



Risk is unavoidable. But if you take that risk to ensure smooth operations and things don’t go as planned ... the users shouldn’t have to suffer for it; after all, their agreement is with you, not the project. If you pass those losses on to your users, then you’re a total piece of shit.
Just of recent this thought came to my mind because I have never seen any manager who failed to pay campaign participants, I keep thinking about it, despite I know there are risk involved in everything we do.

Just when I go through your post I realized that you guys are also facing a lot of challenges, which the public do not know, i wish all the participants in the forum can see this thread to see how campaign manager are struggling to pay them in some campaigns. During the era of bounty campaign, some managers make it clear that is duty is just to manage the campaign, but the payment will be shared through the project managerment.

My question now is that can it be possible for a manager to only handle the campaign and leave the project team to make the payment by themselves?

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Today at 11:26:28 PM
 #5

Just of recent this thought came to my mind because I have never seen any manager who failed to pay campaign participants, I keep thinking about it, despite I know there are risk involved in everything we do.

Well, the manager will suffer some consequences that can affect other campaigns if they fail to do their obligation because they are the ones who manage the campaign funds, and it's their duty to ask from the owner for advance campaign funds, at least for 2 weeks, or escrow any funds as a safeguard to those who participate in the campaign.

My question now is that can it be possible for a manager to only handle the campaign and leave the project team to make the payment by themselves?

Not a good idea; we can't trust the project team if they are new here in the forum. It should be the campaign manager who handles this.

There were some campaigns before doing that thing, but the participant left with no payments. So that's not a good idea unless it's managed by one of the trusted forum members here.

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