And yet another problem for promoters

bakasabo

legendary

Activity: 2492

Merit: 1215

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 would say that the team must be extraordinary rich to be able to pay in USDT Tron or BTC.

Imagine you have a pack of A4 sheets. You take scissors and cut these sheets into little squares - these are your tokens. Right now they cost you nothing. Or you might say its price is $1, or dream and convince people they will cost $5 in 1 year.

Also you have a wallet with lots of $100 bills.

What will you choose to pay for the work? Cut papers pieces or US dollars? If you rich, you can pay in real money. Or you would spend them more wisely and pay with papers, that might cost someday real money.

You are seeing the situation from bounty hunters point of view. But you dont image what will be promotional costs for the project if they pay in USDT o BTC. If they are not limited with funds, they would better run a more professional bounty campaign using google ads, press and etc. Then paying USDT for "click like, retweet button, copy/paste link to forum report post and scream I WORK HARD GIVE ME MY MONEY IT IS ALREADY 2 MIN PAST DUE DATE DISTRIBUTION TIME QUICK-QUICK-QUICK-WHEN-DISTRIBUTION?

heztida3

member

Activity: 176

Merit: 17

there should be another answer for this and it appears as though if it's very better if the undertaking began to consider pay the trackers utilize the local coin that has an exceptionally low exchange.Fundamentally, the installment can be supplanted with a superior choice like USDT which is having minuscule charges when you are utilizing tron USDT.

ameliana

full member

Activity: 887

Merit: 100

Quote from: aioc on February 21, 2021, 09:58:26 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?

Even if they sent it, bounty hunters cannot sell or trade their token because of the very high fees, and there's a possibility that bounty hunters will stay away from Ethereum based token because the fee will eat up their profit, it's not a good time for a bounty hunter to promote projects based on Ethereum chain, you are right it's time and it's better to pay bounty hunters with other coins with cheap fees, or there will be few bounty hunters on their spreadsheet.

I agree with all of you, and one of them uses payment using other stable coins such as USDT (ERC20 / TRC20) in this case the Tron platform is very supportive. I have been doing transactions for a long time using Trx very fee cheaply and I am sure this will not hurt the project either.

aioc

hero member

Activity: 2926

Merit: 567

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?

Even if they sent it, bounty hunters cannot sell or trade their token because of the very high fees, and there's a possibility that bounty hunters will stay away from Ethereum based token because the fee will eat up their profit, it's not a good time for a bounty hunter to promote projects based on Ethereum chain, you are right it's time and it's better to pay bounty hunters with other coins with cheap fees, or there will be few bounty hunters on their spreadsheet.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

That is possible.
They could use it to reason out that transaction fees are too high.
But payments using stablecoins is not just the answer.
They could use BSC mainnet instead and pay for BNB. I bet bounty hunters will be happy about it and so does the team behind the company.
It's cheap, its fast and trusted.

lousie9

sr. member

Activity: 1680

Merit: 263

Quote from: Francis Freeman on February 21, 2021, 08:01:03 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?

Let's be realistic nobody is gonna pay bounty hunter with stable coins . The best they can explore is how they can pay using scaling protocols and likes of Matic to reduce the fees or use something like bulksender to reduce transaction costs .

yes, as we can see at this time there are still many projects that delay the distribution of their coins to bounty hunters because of the high cost. but I also agree with your point, if there is a network that is cheaper or even more efficient, why not use it? especially through bulksender this is great for now, there are a few projects that have done distribution in this kind of situation, but the project doesn't matter that, and the delivery continues.

Francis Freeman

hero member

Activity: 1005

Merit: 502

Sovryn - Brings DeFi to Bitcoin

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?

Let's be realistic nobody is gonna pay bounty hunter with stable coins . The best they can explore is how they can pay using scaling protocols and likes of Matic to reduce the fees or use something like bulksender to reduce transaction costs .

TanakabZX

member

Activity: 504

Merit: 16

Pray you don't earn pennies in every bounties you promote because I believe that many projects won't want to pay in other coins except their own native tokens, if you earned better value worth of tokens selling the token won't be a problem, you will only have to sacrifice 12-25$ max for transaction

Nolimitz84

sr. member

Activity: 980

Merit: 252

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?

Bounty programs have been around for a long time, and I personally see that there are a number of objective reasons to pay bounty participants with ERC-20 tokens. Accordingly, if projects are built on the BSC standard, then payments will be made through this blockchain.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Need A Campaign Manager? | Contact Little_Mouse

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 doubt that they will do that.

If you are the developer, would you like to pay those bounty hunters into something that already has value but in your part the project will not be successful?? What I'm trying to say is that developers will not risk that much money just to pay those bounty hunters. They will pay them thru BTC but the project will be a bust so in the end, the developers will lose.

One solution that might help is to create a project under BSC instead of Ethereum Blockchain since BSC offers lower fees compare to ETH but paying the hunters into BTC or TRX (Shitcoin) or USDT?? Hell no.

Bitbtc8

full member

Activity: 1148

Merit: 116

Quote from: so98nn on February 21, 2021, 01:47:53 AM

They don’t pay in USDT, Tron or BTC because they don’t want to risk their “real” money mate. If that would have been the case then everyone whose hunting bounties would have been richer by now.

Understand the logic here.

Paying with above currencies mean bounty projects will need to be funded with real money first.
However, paying in tokens means they are just “half assuring” you that we are paying and that someday the coins will have “X” price and stuff.

That’s just way of promoting the project so that real investors would put their fat wallet money into it.

Hope you get the difference between the two.

I get you but why did injective protocol decide to pay bounty hunters in Ethereum instead of their own native token? They believe their token will worth more and today INJ worths over 20x already, token is real money for real teams that know what they are doing

so98nn

hero member

Activity: 2114

Merit: 603

They don’t pay in USDT, Tron or BTC because they don’t want to risk their “real” money mate. If that would have been the case then everyone whose hunting bounties would have been richer by now.

Understand the logic here.

Paying with above currencies mean bounty projects will need to be funded with real money first.
However, paying in tokens means they are just “half assuring” you that we are paying and that someday the coins will have “X” price and stuff.

That’s just way of promoting the project so that real investors would put their fat wallet money into it.

Hope you get the difference between the two.

sniveel

member

Activity: 431

Merit: 11

I think it is still better to pay bounty hunters with the tokens from their respective bounty programs, so that they can promote more after they have the tokens in the way of trading. I know it is not okay for me and my fellow bounty hunters to have higher gas fees but as long as we can still earn then it will be understandable.

ice18

hero member

Activity: 2492

Merit: 542

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?

Perfect example of this is the AMEPAY signature and bounty due to high gas a participant posted a scam accusation against the BM for delaying the distribution of tokens , the best solution I can think for now is to migrate into alternative chains like BSC and Tron which has really cheap transaction fees compared to eth, but I think most projects today prefer BSC over Tron because of its compatibility.

FahriZah

member

Activity: 485

Merit: 10

there will be no reasons, they will pay in significant coins or USDT so it won't be influenced by the value volatility.But, the advertisers ought not make the high expense as a pardon on the off chance that they are truly consistent with their words, they need to recollect that it's their standing is in question, when financial backers and potential financial backers gets baffled, the cost will at last kick the bucket.

nykka

member

Activity: 252

Merit: 11

Unfortunately, I have already faced to such situations. I participated in some events in the Decentraland and team says "gas price is very high, we can`t send you your rewards now". I think the same situation is with the bounty hunters too. It`s a pity, because most workers want to sell their rewards, while market is bullish and many assets have very good prices.

There is a very interesting paradox. We need to sell our coins on high prices, but we need low prices for decreasing fees and getting tokens) Hope situation will be solved some way and everyone will get his reward

Sanitough

hero member

Activity: 2856

Merit: 674

It's not a big problem because when they send tokens, it should be bulk and I guess they understand the network very well before running the project, if they will say it's their problem, then believe me they are just making excuses to not pay the hard work of the bounty hunters because they are just here to collect money, use bounty hunters service for free and scam investors.

KimmyF

sr. member

Activity: 978

Merit: 250

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?

Bitcoin transaction cost is higher than the regular Ethereum transaction cost. I'm using TRC-20 USDT to send or receive money with low cost but I'm not interested to receive USDT for bounty. I wish we could receive USDT from the last quarter of 2018. Market cap is on the fire, sorry USDT payment payment isn't worthy. Now we could receive rewards by exchange or change to another blockchain if transaction cost exist.

tsaroz

legendary

Activity: 3094

Merit: 1069

DGbet.fun - Crypto Sportsbook

With the availability of USDT on TRON network, everyone seems to be moving towards it as they have no fees even on inter exchange transfer. This shows how far the Ethereum's network is going from the need of an utility network. Some of the earlier bounties have already halted their distributions citing the network fees which would have several disadvantage for the bounty participants, prime of it not being able to sell the token when the price is high.

lienfaye

hero member

Activity: 3010

Merit: 629

The gas fee is really a problem now that eth keep on increasing and it might use as a reason of the dev to delayed the distribution. Its another pain for the hunters because they are really affected of this increase.

Quote from: Shasha80 on February 20, 2021, 04:28:24 PM

With the price of Ethereum being so high, it made gas fees continue to rise. Therefore, there are many projects that have not paid bounty hunters.
It is true that the desire of bounty hunters to pay should be made through other coins that have cheaper transaction fees. But the fact is that every
project owner only wants to pay bounty hunters with their tokens. It's time for the project owner if they want to make tokens using other smart
contracts, maybe using the Tron network could be the solution.

Thats true, I think they should consider paying using another smart contracts. But I think its not on their option and will just delayed the didtribution instead.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: AhmadM on February 20, 2021, 04:22:39 PM

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 might be selfish but here's my own answer: their campaign, their money, their rules. They can pay hunters in any currency as they want, as long they are honest and keep what they have promised at the beginning. If you think you are not suitable with bounties that pay in erc20 then don't participate in it, just ignore them and move to bounties that pay in USDT (trc20) or BTC like you want (if any)

Actually, it is simple, it you can't carry the burden of receiving those erc20 tokens, you can opt not to participate. I have read somewhere, one project, stating that the payment is already ready but it will commence once the gas fees are lower as they set it to certain value. So once the gas fee meets their set fee, it will start sending to the participants. Now, if such fee will not happen, then, it means, the participants will not receive their tokens. Such disappointing plan for those who participated in their program. Anyway, if you don't have that patience, better join btc-paying campaigns.

Shasha80

sr. member

Activity: 1876

Merit: 318

With the price of Ethereum being so high, it made gas fees continue to rise. Therefore, there are many projects that have not paid bounty hunters.
It is true that the desire of bounty hunters to pay should be made through other coins that have cheaper transaction fees. But the fact is that every
project owner only wants to pay bounty hunters with their tokens. It's time for the project owner if they want to make tokens using other smart
contracts, maybe using the Tron network could be the solution.

AhmadM

sr. member

Activity: 1008

Merit: 308

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 might be selfish but here's my own answer: their campaign, their money, their rules. They can pay hunters in any currency as they want, as long they are honest and keep what they have promised at the beginning. If you think you are not suitable with bounties that pay in erc20 then don't participate in it, just ignore them and move to bounties that pay in USDT (trc20) or BTC like you want (if any)

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

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 would be the best option. But do you think they really have the budget to do that? that's why they have chosen their very own token to pay for their rewards because it's still floating in the air and their budget is intact. Incentivizing their own token for their own benefit is their good strategy and that's why it's their choice to pay for those rewards in their tokens. It's a domino effect even if they'll pay the tokens with high fees, the bounty hunters will be the next to complain after it.

Danslip

hero member

Activity: 2058

Merit: 538

Leading Crypto Sports Betting & Casino Platform

There is no solution for this problem due to the current market situation the transaction fees are highly expensive. The bounty hunters have no other choice except to wait for the calm network and send the bounty reward tokens on that calm day. The ETH gas fees are above $13 now and the fees can go as high as $150, unfortunately. The current network fees will go higher if the market can't decide to do a correction or continuation of the recent trend.

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: Jackl87 on February 20, 2021, 10:46:58 AM

Yeah it is definitely a problem for project developers if they have to send hundreds of small transactions to the bounty hunters every week. It's very likely that the fees are higher than the actual transaction value in that case. Maybe it would be a good solution, to send only 1 transaction at the end of the bounty instead of small transactions every week

But it may cause trouble in terms of the rules they have been created unless there is a group chat that participants were included and inform well it can be fine especially if its a reputable company,many participants will understand it if they will make changes in terms of schedule or changing the coin into usdt or other alts to avoid too much fees on their side, the only good thing is for bounty hunter that have chance to acquire more crypto before the price went much higher.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

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

~

That's gonna be a hard to do. It's to be expected that many projects will lose their promoters unless that their promoters are willing to wait til some price correction happens.
Only way to do it is to find another bounty project that pays in stable coins as you mentioned, I guess since there ain't no leads unless again you're willing to hold the coin.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

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?

Best idea is the trc20 usdt because when you say in btc that is equally not a good option for the team since btc is way up now even the fee is not that friendly,
I guess the rise of eth price is the beginning of more drama for ethereum base project and problems for hunters,
I really can't blame some team who refuses to pay bounty as a result of high gas fee, if only they will think of other alternatives like bsc and start migrating it will be much better and cheaper.

Cling18

full member

Activity: 1708

Merit: 126

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

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.

If managers couldn't do something about that situation, I think it's best for bounty participants to do their part. Ethereum gas fee isn't a joke these days and I think it's just fine for participants to demand a better option. It's just a good thing that some campaigns are paying with BTC and other altcoins. I think it's time for most projects to switch to another altcoin as payment.

Claudio99

member

Activity: 210

Merit: 10

Sovryn - Brings DeFi to Bitcoin

Quote from: Jackl87 on February 20, 2021, 10:46:58 AM

Yeah it is definitely a problem for project developers if they have to send hundreds of small transactions to the bounty hunters every week. It's very likely that the fees are higher than the actual transaction value in that case. Maybe it would be a good solution, to send only 1 transaction at the end of the bounty instead of small transactions every week

there is no need to keep sending transaction every week again the bounty campaign is already over and the team are owing bounty hunters 3 weeks payment so it is something they can send at one time but the fact is that gas fee is still very high so my suggestion is they should just use Tron network instead or lite coin or ripple this coins are very cheap transaction fee

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

It's impossible to happen as you will never able to dictate the team without tryna to create an agreement between the hunters and the team.
The team will always be paying the hunters with their own tokens but there might be some projects that used the native coins as their payment to the hunters.
The fact that so many times various manages have been doing various negotiations with the team but it never becomes a reality. Only a few projects that have been using a stable coin as payment to the hunters

Jackl87

sr. member

Activity: 1722

Merit: 269

Yeah it is definitely a problem for project developers if they have to send hundreds of small transactions to the bounty hunters every week. It's very likely that the fees are higher than the actual transaction value in that case. Maybe it would be a good solution, to send only 1 transaction at the end of the bounty instead of small transactions every week

JHORN

member

Activity: 252

Merit: 15

Sovryn - Brings DeFi to Bitcoin

Quote from: Jawhead999 on February 20, 2021, 10:36:04 AM

Quote from: Ridwan Fauzi on February 20, 2021, 09:59:58 AM

It will be useless if they pay with USDT because basically USTD is using ETH network.

Seriously? You're already 3 years old in this forum and know USDT is only using ETH network? USDT are runned in many network such as algorand, Tron, Omni, Liquid, EOS, and OMG. You will only charged little fee or even zero fees since it's very cheap.

Before start to post, think twicely and post only in a thread/section you know.

Lol it is possible that he didn't know about Tron existence on other blockchain projects, there are some people that are so addicted to ethereum network and tokens only and they believe that every other platforms are bad don't blame the guy

Jawhead999

legendary

Activity: 1820

Merit: 1207

Quote from: Ridwan Fauzi on February 20, 2021, 09:59:58 AM

It will be useless if they pay with USDT because basically USTD is using ETH network.

Seriously? You're already 3 years old in this forum and know USDT is only using ETH network? USDT are runned in many network such as algorand, Tron, Omni, Liquid, EOS, and OMG. You will only charged little fee or even zero fees since it's very cheap.

Before start to post, think twicely and post only in a thread/section you know.

RabbiTANK

member

Activity: 224

Merit: 18

Sovryn - Brings DeFi to Bitcoin

Quote from: Ridwan Fauzi on February 20, 2021, 09:59:58 AM

It will be useless if they pay with USDT because basically USTD is using ETH network. You can see how fee that will be chargered if you send USDT in one wallet to USDT in another wallet.

This is the problem that we head, everytime a coin is increasing then the gas fee will increase as well. ETH will launch new system ETH 2.0 that can reduce its gas fee per one transaction, I think it will resolve for those who complain against gas fee.

Usdt is not only available on Ethereum network mate, usdt is also available on Tron network and it's gas fee is far more cheaper than even bitcoin itself so yes it makes lot of sense if the team can consider to send usdt instead of tokens right now, you need to do your own research, I'm shocked that someone don't know USDT is available on Tron

Rampagoe004

sr. member

Activity: 1624

Merit: 339

https://duelbits.com/

Indeed at the moment the cost of gas is so large that many teams who manage the project that delays the distribution of gifts, and this will be a problem for us bounty hunters so that for the future the team that manages a project can pay us using usdt, or btc because it is easier to make transactions, we expect for the future there is a change for bounty hunters in following the bounty project.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

It will be useless if they pay with USDT because basically USTD is using ETH network. You can see how fee that will be chargered if you send USDT in one wallet to USDT in another wallet.

This is the problem that we head, everytime a coin is increasing then the gas fee will increase as well. ETH will launch new system ETH 2.0 that can reduce its gas fee per one transaction, I think it will resolve for those who complain against gas fee.

bits4books

sr. member

Activity: 854

Merit: 264

Crypto is not a religion but i like it

Why BTC? It seems to me too expensive to pay in BTC - or rather to early, to talk about paying in BTC now, because it is generally not profitable for anyone to pay in BTC, for example. Everyone wants to keep or get their profit.
There are a bunch of other coins and tokens that can be used to pay out bounty . Just wondering, why did you choose TRX as the second choice?

Marble777

member

Activity: 736

Merit: 11

many projects are delaying the distribution of project tokens at this time and none other than due to expensive gas delivery costs. but this shouldn't be a problem for them, especially if the project we are promoting turns out to be a huge success this year. Suppose $ 5k to send tokens, I think they are able to cover it, and instead pay with the profit made from the project.
if they think that bounty hunters are causing the project coin price to drop, then there is no other reason to turn project token payments into stable coins. By paying by using stable coins, it can shorten the amount of fees as well as keep the sale value of their coins Roll Eyes

Is not it?

ololajulo

sr. member

Activity: 2240

Merit: 270

SOL.BIOKRIPT.COM

except for BTC , I wont prefer ETH or USDT to any coin I chose to promote in the space for bounty. I believe some coins will perform better than ETH let in this bull market let alone a stable USDT coin (which can also be in ethereum block). Some teams made a big mistake to delay the distribution of token on the strategy of controlling the dump but they are in terrible position with more expensive gas than the time supposed

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

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

member

Activity: 490

Merit: 16

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

hero member

Activity: 1694

Merit: 541

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

sr. member

Activity: 1435

Merit: 250

PredX - AI-Powered Prediction Market

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

member

Activity: 532

Merit: 41

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

member

Activity: 238

Merit: 15

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

hero member

Activity: 3052

Merit: 685

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

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

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

legendary

Activity: 2072

Merit: 4265

✿♥‿♥✿

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

hero member

Activity: 2996

Merit: 598

Leading Crypto Sports Betting & Casino Platform

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

legendary

Activity: 3052

Merit: 1273

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

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

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

legendary

Activity: 2338

Merit: 1354

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

legendary

Activity: 1820

Merit: 1207

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

member

Activity: 1260

Merit: 21

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

sr. member

Activity: 1162

Merit: 260

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

full member

Activity: 952

Merit: 110

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 (Read 281 times)