I know that threads would have been created on a similar topic but I think it's time we found a feasible solution to this incessant problem.
Crypto Projects are known to enlist the services of Bounty huntersto make a booze on various platforms that will attract attention to their products, in exchange for their token or another notable cryptocurrency. Through this marketing campaign, new projects aim to get investors and supporters for their idea.
It's unfortunate however that many projects have reneged on their promises to reward users for their contributions. Once the project becomes relatively successful, they begin to give excuses, delay distribution, block hunters who request for payment or even fail to pay anyone.
The common excuse given is that hunters hurriedly dump token after listing thus affecting token price.
Does this justify the unfair treatment meted out to hunters who have worked assiduously for months trusting the team to fulfill their end of the bargain?
Cryptocurrency is supposed to be decentralized but bounty reward is not, what an antithesis?
I will like us to proffer the way forward on this. Bounty hunters have invested their time, mental and physical resources to promote such projects, so they are stakeholders and should have a say.
Your contributions are welcome.
I won't put the blame on the team if they denied bounty hunters their rewards, that is Bounty Manager's job, BM is the only law standing between bounty hunters and the team of that project, it's why I prefer joining bounties from a bounty manager with good rep, as a good BM he or she must do everything in his/her power to make sure bounty participants get their rewards
I think it's true that at least the prize is to pay for everything that has been contributed by supporters such as bounty hunters, because maybe they also don't want to disappoint their project supporters, and then give a reward as much as possible