And yet another problem for promoters - page 3.

Coin_trader

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Quote from: Stanlo on February 20, 2021, 03:01:38 AM

There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

BTC is much worst to ETH, team don't have allocated fiat money for bounty program that's why they are always offering there own token. They are just starting to get funds during ICO that will give value to there token. They might suffer a loss if they will use the money they collected during ICO to pay for a startup promotion.

Bounty hunters should avoid bounty program that is based on a slow TPS blockchain.

Winscosinally

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Quote from: SaShiRaJaVu on February 20, 2021, 08:06:08 AM

Quote from: Stanlo on February 20, 2021, 03:01:38 AM

There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

There is no way the bounties will be sent in other coins that have valuation, the idea behind bounties is to have exposure for the coin and to have active traders and the most important part is to attract investors and till now i have seen only a few projects providing bounties in bitcoin or ETH and most projects are experimental and they wont risk paying out huge amounts before that.

This amepay project that people are talking about here needs not much exposure anymore, they raised millions of dollars already and paying promoters should be piece of cake, few months back they introduced a bounty campaign that paid hunters in BTC and after that's over they Introduced the token payment campaign, it shouldn't be hard for the team to consider

SaShiRaJaVu

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Quote from: Stanlo on February 20, 2021, 03:01:38 AM

There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

There is no way the bounties will be sent in other coins that have valuation, the idea behind bounties is to have exposure for the coin and to have active traders and the most important part is to attract investors and till now i have seen only a few projects providing bounties in bitcoin or ETH and most projects are experimental and they wont risk paying out huge amounts before that.

ije07

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well that is it, the cost of ethereum gas is currently very expensive and this has become a big problem for holders of various erc20 coins especially in small amounts and I also don't blame any party for the delayed token distribution, due to the fact that the state of ethereum gas costs is very expensive. and I completely agree with your solution, I mean about payment using USDT stable coins. at least it can reduce transaction costs. I hope any project manager can consider this and discuss it again with their project team.

OasisDre

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Quote from: ?? on ??

Quote from: Stanlo on February 20, 2021, 03:01:38 AM

There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

I totally agree, whether it's USDT or Bitcoin, Litecoin Dogecoin, whatever as long as they pay. If etherum is no longer friendly in terms of gas price, don't make it an excuse not to send reward tokens. It would be better to choose a token with a lower gas price, USDT with a stable value is also highly recommended.

Yes the best thing to do is send USDT instead, I remember that DIA team did same thing when some distribution was missing, I was one of those that are affected and the team later decide to pay us is stable coin, that time there was even no bull run yet, high gas fee is just a excuse to avoid paying up

New_order

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Yes I've think about this issue before this day, gas fee is pretty high and some bounties will make excuses out of the high gas fee just to avoid paying bounty hunters, even if bounty hunters have to wait they will paid when there is no more bull run and probably the tokens will have dumped alot in value

Japinat

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So there will be no excuses, they will pay in major coins or USDT so it will not be affected by the price volatility.

But, the promoters should not make the high fee as an excuse if they are really true to their words, they have to remember that it's their reputation is at stake, once investors and potential investors gets disappointed, the price will eventually die.

cabron

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Quote from: lovesmayfamilis on February 20, 2021, 06:30:26 AM

I think this is the OP's dream. For the team to start paying for their advertising to bounty hunters in bitcoins, I think that first, need to have a really clear position of the project. But, you must agree that all or most of the bounties end badly. It is more profitable for the team to pay with their own tokens, than with a proven coin.

Quote from: coin-investor on February 20, 2021, 06:00:22 AM

It will only happen if bounty hunters unite not to promote or participate in a project that is Ethereum based

Try to do this at least within the framework of this forum. Do you seriously think you can stop forum spam from bounty hunters?

Even if united, its the team's decision still whether they will pay promoters with BTC or USDT. I can only say 70-30% chance, 70% for no they won't consider it.

There are some that will consider paying altcoins like TRON and USDT that's the best campaign you could join if there is. and your next option is just risking joining the campaign that pays their token.

lovesmayfamilis

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I think this is the OP's dream. For the team to start paying for their advertising to bounty hunters in bitcoins, I think that first, need to have a really clear position of the project. But, you must agree that all or most of the bounties end badly. It is more profitable for the team to pay with their own tokens, than with a proven coin.

Quote from: coin-investor on February 20, 2021, 06:00:22 AM

It will only happen if bounty hunters unite not to promote or participate in a project that is Ethereum based

Try to do this at least within the framework of this forum. Do you seriously think you can stop forum spam from bounty hunters?

coin-investor

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Quote from: Stanlo on February 20, 2021, 03:01:38 AM

There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

It will only happen if bounty hunters unite not to promote or participate in a project that is Ethereum based, my current campaign is paying me through their native token using their own token as a fee so I have no problem, it is now riskier to join bounties where Ethereum is the gas that will be used to send, promote at your own risk now.

Stedsm

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Lol, what? Paying in other major crypto or USDT while they've got their own tokens? It's time for these bounty sponsors to start managing some money to be paid as fee in order to pay their bounty hunters or just shut down their business here. I believe that it's our decision whether to hold or sell our tokens and we can wait forever if we want to get a good price of the token, while getting paid in BTC or USDT will not only cut us out on the opportunity by giving us the tokens for long term that we may hold directly, but these bounty sponsors will also have a chance to let us "buy" their tokens from exchanges and enter in FOMO and then probably lose a big % from what we may have already got if we'd have been paid in tokens.

jrrsparkles

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It will be good for the hunters but who is going to ask the bounty team to pay in BTC instead of their own tokens? Managers?

They are not going to demand anything because most reputed managers stopped bounty management so only who is ready to promote for everything is there now.

GreatArkansas

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Quote from: Jawhead999 on February 20, 2021, 04:08:10 AM

Are you joking?

Only 1% bounties are paid with BTC, USDT and Tron or can be called top cryptocurrencies, while the rest pay using it's own token. They're not paying with Ethereum, but their token are run in Ethereum network... that's why they complain about the high fees (also with Bitcoin).

Then if you afraid of this problem, all you need is just avoid all bounties paid on their own coin.

I think OP wants to say is their own token run under Ethereum network, that's why the transaction fees can is high if you do transactions under Ethereum.

A solution is to find other bounty campaigns that don't run under Ethereum network or some payment method are not in Ethereum network.

This has already happened recently with Amepay bounty campaign, there is a user who created a thread under Scam Accusation because of this problem.
Check the thread here: Amepay does not keep payment promises Bounty

Jawhead999

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Are you joking?

Only 1% bounties are paid with BTC, USDT and Tron or can be called top cryptocurrencies, while the rest pay using it's own token. They're not paying with Ethereum, but their token are run in Ethereum network... that's why they complain about the high fees (also with Bitcoin).

Then if you afraid of this problem, all you need is just avoid all bounties paid on their own coin.

nicecrypto

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Quote from: Stanlo on February 20, 2021, 03:01:38 AM

There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

This is already happening, I know of some bounties that have been concluded and the bounty managers are saying this exert thing about how that Eth gas is too high and bounty tokens cant be sent. So my questions was, if Eth price keeps going up does this mean those bounty tokens will never be sent to the hunters? In a particular bounty, hunters had even agreed for the gas fee to be deducted from their token in other fore them to be able to receive their payments, but payments are still been delayed. So it is a problem and I hope they will find a better way to make this work cos if it continues, bounty campaigns might take a hit if payments are not been made.

Lagduf

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I think that there must be a new solution for this and it seems like if it's quite better if the project started to consider pay the hunters use the native coin that has a very low transaction.
Basically, the payment can be replaced with a better option like USDT which is having very small fees when you are using tron USDT.
The manager should have considered this as the best option to avoid gas fees. The team will have needed more than 1k USD just to pay the fees

Stanlo

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There is going to be another problem for bounty hunters soon, now that ethereum is over 1900$ finally the gas fee keeps increasing and majority of bounties are smart contract, team can easily say the gas fee is too high so they can't send tokens to bounty hunters, I think it's the right time for bounties to start paying bounty hunters in USDT Tron or BTC, what do you say?

Topic: And yet another problem for promoters - page 3. (Read 281 times)