Hi guys sorry for the absence I'm on holidays this week with very poor connection!
The bounty amounts will need to be fixed because the price is 10x when they were conceived ;-)
I donated and i do not want to lower the bounty.
Let's get things done.
More money, more interest we get.
That bounty account has the money to make things happened. That was the idea.
Do not get greedy.
Interesting points.
Say you want 'X' built for the project, and XCN was worth a penny at the time and the bounty was 5k($50).
Now there are two options with a caveat.
Option 1 would be to still offer the 5k XCN simply as more of an incentive, because it equals $300.
Option 2 would be to offer 830 XCN to make the exact same offer as before in dollars($50).
The caveat is that the price could go up or down, so each offer is kinda the same.
My opinion is that the bounty should adjust to the price of XCN, but you should think about raising the overall price of the bounties to attract developers.
Like a fully functional, tested and deployed web wallet should be pretty damn big. Yes a person's time should be part volunteering simply to add value to the coin, but shouldn't it also pay them for their time? No idea how much but it could take say 80 hours to get that up and running. What is that worth? $100? $500? $1000? Should the future evaluation of XCN factor into that based on what they developed?
Damn interesting questions!
(also puts in perspective pre-mining, as stuff simply costs money to get done)
crypto price go up and down. pumps every where right now.
pay the damn rewords while price is still up. and when people are interested. we will still need those upgrades when the price will be down.
do not get cheap.
EDIT: i do not know how to do any of that. i just donated and want things done, whatewer pice for xcn is.
I get where you are coming from... but I think that the $ amount not the XCN amount is key.
I recently spent some time getting the
Paper Wallet together. I don't know what the community may decide to give me for it... Hell there wasn't even a bounty, but now we have one.
If there were a bounty, let's say of $5000(500k XCN)
back a few months ago, I would not expect the community go give me $30k now. I mean it would be nice but this price bump was huge and the value is leveling and maintaining value.
I think properly bumping up the bounties by say 25% in $ is worth it, and we have it because of the price hike.