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Author Topic: What I think about bounty payment?  (Read 11199 times)

Offline KaliLinux

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Re: What I think about bounty payment?
« Reply #90 on: December 16, 2021, 08:15:07 PM »
Even the Signature you are wearing is one of the scam projects too. Apart from the ones that end up being totally dead, there are also the ones that are still here but end up not paying after all the work have been done.  I would suggest that the bounty managers and forum owners also help the hunters mount a SCAN campaign against the ones that are still here but refuse to pay. This is the only way to curb this malice a bit cos hunters can't do it alone and it's sad.

From my point of view, a good idea would be for all bounties to put the funds in an escrow, so that everything is more "safe". But it's still something that many teams would reject, raising questions about whether or not their project is legitimate. Proposing that bounty managers and forum owners do a scan is impossible, it would be a titanic job and some forums would reject the idea as well. In this case, unfortunately we cannot control everything.

That is a good idea but I am also thinking, for those projects that just want to scam hunters, if the funds are not in stablecoins or Bitcoin, is it not possible for these scam projects that don't want to pay hunters to folk their coins/token after the distribution? cos this guys will go all the way not to pay hunters. 



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Re: What I think about bounty payment?
« Reply #90 on: December 16, 2021, 08:15:07 PM »

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Offline yawar20

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Re: What I think about bounty payment?
« Reply #91 on: January 05, 2022, 11:28:20 AM »
This happens a lot man. I my self witness many time that bounty projects ran away with hunters reward or they cut the reward to half at the end of bounty campaign with a made up reason. project like those never go top and sure to fail and crumble in the end.
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Re: What I think about bounty payment?
« Reply #92 on: January 05, 2022, 11:32:08 AM »
If the bounty hunters are paid in a stable currency, there are no problems with price fluctuations, but if they are paid in the project currency, they can "hurt" the market and investors could retaliate against the project team.

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Re: What I think about bounty payment?
« Reply #93 on: January 05, 2022, 11:40:54 AM »
Every time you participate in bounty, consider you are learning something new and gaining experience. Before joining, focus on outcome that you are not going to be rewarded, instead of planning how you will spend your reward. In fact, you are working as a bounty hunter on your own will and unofficially. So dont be surprised if you are scammed.
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Offline Manna

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Re: What I think about bounty payment?
« Reply #94 on: January 05, 2022, 11:54:01 AM »
it in several ways and usually the Bounty Manager can't make arguments and surrender to the detriment of the bounty. the Bounty Manager should be able to take actions that can make the Owner not violate the rules made, but currently no one can do that.

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Re: What I think about bounty payment?
« Reply #95 on: January 05, 2022, 12:02:18 PM »
That is a good idea but I am also thinking, for those projects that just want to scam hunters, if the funds are not in stablecoins or Bitcoin, is it not possible for these scam projects that don't want to pay hunters to folk their coins/token after the distribution? cos this guys will go all the way not to pay hunters.

If a "team" wants to scam investors or bounty hunters, it can do so in many ways. But if the bounty managers demand that the payment (in project tokens or stablecoins/Bitcoin) be in escrow, everyone could be more confident. Still, it would be possible that they were scammers (changing the smart contract, for example if project tokens are used) but they would have far fewer options and, as I said, generally everyone would trust more.
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Offline Ankit1999999

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Re: What I think about bounty payment?
« Reply #96 on: January 17, 2022, 03:01:08 PM »
I' m earing 5K$ in bounty, I' get tomorrow bounty GHC token 1000$. now many project is live so can joining new bounty and earn big profit.
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Re: What I think about bounty payment?
« Reply #96 on: January 17, 2022, 03:01:08 PM »


Offline anshor1

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Re: What I think about bounty payment?
« Reply #97 on: January 17, 2022, 06:14:01 PM »
If the bounty hunters are paid in a stable currency, there are no problems with price fluctuations, but if they are paid in the project currency, they can "hurt" the market and investors could retaliate against the project team.

I think it's rare the bounty manager will pay at stable coin, USDT or BUSD.
I think bounty is one of promotion way.
So, We will be paid in new tokens.

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Offline smart_oa

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Re: What I think about bounty payment?
« Reply #98 on: January 17, 2022, 08:30:54 PM »
Not only project recently i saw some BM also scamming for bounty rewards. Team pays them hunters rewards and they sell them for themselves. Many projects promised to pay in the current market price of the coin in the time of distribution and they sell of to dump the market and take a snapshot of the price after the price is dumped so that hunters get fewer rewards.

Offline Oksana Ksyusha

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Re: What I think about bounty payment?
« Reply #99 on: January 17, 2022, 10:42:15 PM »
I came to this forum in June 2021. There wasn't any bounties. During last months of 2021 I took part in some of them. It is good way to get some profit but if you will have high rank and accounts (for example in Twitter, Facebook) with many subscribers. Anyway I like to participate in bounties. In my first bounty compain I earned about 20$. So if you want to get more you need to work very hard.

Offline gurunanakji777

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Re: What I think about bounty payment?
« Reply #100 on: January 18, 2022, 11:48:27 AM »
Yes, it's very bad some projects dev get promotion and did not pay a single dime to the hunters after getting promotion of their projects. This is not good behavior by the devs and they should also take care of the hunters who help the project to increase the outreach across the world. Escrow projects are good for the bounty hunters at least they get the reward at the end of the campaign. Payment in BNB, Eth, or USDT can be a good idea and possibly avoid dumping the coins.

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Re: What I think about bounty payment?
« Reply #101 on: January 18, 2022, 02:23:31 PM »
when it comes to payment, there are clearly more variations on the other forum than here and we can't deny that but that's not the main problem actually, I agree with you that it's all decided by the owner and team to pay with what. and the bounty manager has no right to interfere.
but as I explained above, many have paid with USDT, but others may hit a high price, because the calculation will be small when giving.

When a coin/token enters exchanges, the first phase is usually the accumulation, and depending on the total budget of the reward, it does not matter that the bounty hunters sell, but that is another problem. If the bounty hunters are paid in a stable currency, there are no problems with price fluctuations, but if they are paid in the project currency, they can "hurt" the market and investors could retaliate against the project team.
This issue has been discussed many times, but few people are willing to pay hunters in a stable currency.  Few people are confident in the excellent and rapid development of their project, so no one wants to risk their own funds.
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Re: What I think about bounty payment?
« Reply #102 on: January 18, 2022, 08:13:46 PM »
As a person am so concerned about bounty campaign that has made it a habit of running away with Hunter's rewards am also using this medium to appeal to all the bounty campaign managers as a matter of suggestion to them, if projects owners should be paying bounty Hunter's with etherum, BNB or probably USDT  instead of them scamming us of our time, Data and our payments after many weeks of dedicating our time to promote their projects end of the day they just take on their heels and run away some of the project owners end up deleting the website of their projects just like BSCBOMB Cryptocurrency project scammed us of our time and data we use to promote, which is very bad. Am suggesting to the bounty managers that they should do the needful to avoid project that will just come in the Cryptocurrency forum and scammed people. What do you people think about this?

I believe that in such cases, most of the responsibility is to be a bounty manager, this is his reputation, because he agreed on the bounty program, I am sure he received his reward in full, but hunters are always left with this problem one-on-one.
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Re: What I think about bounty payment?
« Reply #103 on: January 19, 2022, 11:09:33 AM »
I think it's rare the bounty manager will pay at stable coin, USDT or BUSD.
I think bounty is one of promotion way.
So, We will be paid in new tokens.

No, I can assure you that it is not uncommon for a team to pay with stable currency, I have seen it several times. It is a way to protect the project token and prevent bounty hunters from dump it immediately when the token first enters an exchange. In fact, it is the best way to protect a token, and also a way to give investors more security, since they know that no one will sell at very low prices, so the amount of money the project receives may be higher.
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Offline Alichlas92

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Re: What I think about bounty payment?
« Reply #104 on: January 19, 2022, 04:41:58 PM »
incidents like this keep happening. is there no solution to this problem.. they are very fraudulent and irresponsible.. after cheating then back again with a new project and again giving the lure of paying etherium, bnb, udt etc..

 

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