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Author Topic: What I think about bounty payment?  (Read 11087 times)

Offline Delgboke

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What I think about bounty payment?
« on: September 06, 2021, 12:52:11 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?
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What I think about bounty payment?
« on: September 06, 2021, 12:52:11 PM »

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Offline Master107

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Re: What I think about bounty payment?
« Reply #1 on: September 06, 2021, 01:20:16 PM »
We were there before. Today, nothing has change.

Managers cannot guarantee the 100%  that the project team will pay the hunters according to the said schedule whatever the result.

Managers didn't promise the profitable payment.
Hunters should know from the very beginning that everything is subject to change (it depends).

Although we wasted sweat and blood, yet we're responsible to join any project. They never force us. It is/was our decision willingly to take part.

Offline Fenix

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Re: What I think about bounty payment?
« Reply #2 on: September 06, 2021, 06:30:29 PM »
Now, for a long time, I don't see any signature campaigns on this forum. The author of this theme uses the avatar of Plastic Finance, whose bounty campaign ended exactly one month ago - 06 August. Paying for the bounty hunters in this campaign also has some difficulties. Their telegrams are practically disabled, ostensibly to verify the results of our work. It is only unknown whether the payment of their tokens will be in general, or if this is another deception.
Due to the fact that there are practically no signature campaigns, I see that there are no more than a dozen registered participants on the forum, especially in the morning. The administration of the forum just needs to call names of the companies that use this forum to conduct bounty campaigns on social networks, provide for signature campaigns. Otherwise, this forum will soon lose the majority of its members.
In connection with the urgent problems that have arisen, payment is now relegated to the background.

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Re: What I think about bounty payment?
« Reply #3 on: September 07, 2021, 08:00:09 AM »
We were there before. Today, nothing has change.

Managers cannot guarantee the 100%  that the project team will pay the hunters according to the said schedule whatever the result.

Managers didn't promise the profitable payment.
Hunters should know from the very beginning that everything is subject to change (it depends).

Although we wasted sweat and blood, yet we're responsible to join any project. They never force us. It is/was our decision willingly to take part.

I think all of crypto currency event, bounty campaign, investing etc. Do with your own risk.
So, I agree with you, bounty manager couldn't guarantee 100%.
We all know about swap coin, bounty manager received old coin and the team project didn't send new coins.
It's just sample, bounty problem.

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Re: What I think about bounty payment?
« Reply #4 on: September 07, 2021, 11:40:54 PM »
projects owners should be paying bounty Hunter's with etherum, BNB or probably USDT  instead of them scamming us
I really agree that the bounty payment is better in top coins such as BTC, ETH, BNB, USDT. This can avoid the massive drop of their token values in the market. It also can minimize the chance of bounty hunters being scammed by the developers. But unfortunately, most developers don't want to do it because they must spend more money if they must pay bounty participants with top coins.

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Re: What I think about bounty payment?
« Reply #5 on: September 08, 2021, 04:35:58 PM »


I am longing for the days of 2017 and 2018 where bounty hunting can really be profitable...though at that there were already many scams also but those that really made it to exchanges produced significant money for the hunters. These days we are at the mercy of project owners and most BM can not do anything if there can be changes in the terms and conditions to justify giving less than stated in stakes or in some cases just run away. No wonder why many of my friends who were into bounty before are now preferring to get involved with P2E  programs.

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Re: What I think about bounty payment?
« Reply #6 on: September 09, 2021, 12:34:53 AM »
Hunters always have to find a way to ensure their efforts will be rewarded, because projects can completely do everything after bounty campaign ends.
If project is reputable, they will pay the full reward. But sometimes, it's a scam project and they will disappear with investor's money, hunters become helpers of scammers @@
I think bounty managers should escrow token of the project and some amount of TRX/SOL/NEAR/FTM/ADA from project. As such, in any situation, they can distribute rewards to hunters.
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Re: What I think about bounty payment?
« Reply #6 on: September 09, 2021, 12:34:53 AM »


Offline Freemind

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Re: What I think about bounty payment?
« Reply #7 on: September 11, 2021, 01:38:37 PM »
Bounties, in recent years, have changed a lot. It is totally impossible to be 100% sure as there are too many factors that we must control and we cannot, as it is out of our hands. That the Bounty Managers keep the tokens intended to pay the hunters is not a 100% reliable solution either, since the project "team" can make an exit scam, and those tokens would not have any value, as we have seen with Usogui for example.
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Re: What I think about bounty payment?
« Reply #8 on: September 14, 2021, 03:44:08 AM »
Bounties, in recent years, have changed a lot. It is totally impossible to be 100% sure as there are too many factors that we must control and we cannot, as it is out of our hands. That the Bounty Managers keep the tokens intended to pay the hunters is not a 100% reliable solution either, since the project "team" can make an exit scam, and those tokens would not have any value, as we have seen with Usogui for example.

The fundamental change from the current bounty is the cost that will be incurred by the owner for the bounty, unlike usually it should be in the form of marketed tokens, because if there is a profit from selling tokens whose price increases, the bounty will not fully enjoy because it is already set at a price.


It's true what you said, even if the Bounty Manager keeps tokens, it's still not the best solution for the bounty because the owner can manipulate 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 #9 on: September 15, 2021, 02:03:59 PM »
I think what could work and give guarantees to bounty hunters, bounty managers and project owners would be that the budget for the bounty campaign is deposited in an escrow and paid in some stable currency, such as USDT or BUSD. That would make all parties feel more confident and the project would not suffer a massive dump when the bounty hunters sold their tokens. But doing such a thing would require agreeing on too many things, and probably many people would disagree.
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Re: What I think about bounty payment?
« Reply #10 on: September 15, 2021, 11:58:46 PM »
Of course, payment with top coins moreover BTC, ETH, BNB, or USDT will be much worthier. However, will it is in this forum?
I don't think so because now it is a very difficult condition. The bounty is very limited and we cannot meet a very good bounty campaign with those kinds of payment methods.

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Re: What I think about bounty payment?
« Reply #11 on: September 16, 2021, 06:35:06 AM »
Of course, payment with top coins moreover BTC, ETH, BNB, or USDT will be much worthier. However, will it is in this forum?
I don't think so because now it is a very difficult condition. The bounty is very limited and we cannot meet a very good bounty campaign with those kinds of payment methods.

As far as I know there was a bounty by Bounty Detective before that paid the hunters with BNB. That was a nice experienced by hunters who participated.

These days we have few bounties and some of them were verified as scam. That's unfortunate. Actually, we cannot perfect to always have a promising payment assuming even btt has a lot of scam bounties.

Since the forum is not yet old enough. I can say that in the future there are more possibilities to have such wonderful payment with BNB, ETH, BTC USDT, SOL, and etc,.


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Re: What I think about bounty payment?
« Reply #12 on: September 16, 2021, 10:11:56 AM »
Of course, payment with top coins moreover BTC, ETH, BNB, or USDT will be much worthier. However, will it is in this forum?
I don't think so because now it is a very difficult condition. The bounty is very limited and we cannot meet a very good bounty campaign with those kinds of payment methods.

The "problem" is not that it is or not in this forum, the problem is that there are no project teams that pay that way. I have seen very few teams that do something like this, but it is not about one forum or another, they are internal decisions of the teams, since bounty managers don't make that decision either. On the few occasions that I have seen teams pay like this, there has never been a problem.
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Re: What I think about bounty payment?
« Reply #13 on: September 16, 2021, 07:24:23 PM »
Of course, payment with top coins moreover BTC, ETH, BNB, or USDT will be much worthier. However, will it is in this forum?
I don't think so because now it is a very difficult condition. The bounty is very limited and we cannot meet a very good bounty campaign with those kinds of payment methods.
all in the end it goes back to the owner and team whether it is worth giving as you said, because we know that almost all who make new projects on average have no capital and only capital from investors, which is a separate obstacle because they cannot prepare in advance. but if USDT maybe many have done it but for other coins they will hit a high price.

[/font]The "problem" is not that it is or not in this forum, the problem is that there are no project teams that pay that way. I have seen very few teams that do something like this, but it is not about one forum or another, they are internal decisions of the teams, since bounty managers don't make that decision either. On the few occasions that I have seen teams pay like this, there has never been a problem.

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.

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Re: What I think about bounty payment?
« Reply #14 on: September 17, 2021, 10:13:52 AM »
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.

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