Hi There
I'm new to Alts/Marketplace and I got kind of confused by all the new words i read there.
Therefore I wanted to ask you if you could give me a brief introduction into airdrops and bounties.
- what are they
- how do they work
- what do they pay
- how do they pay
- are there any other points to consider?
Bounties:
- what are they
Those are the different tasks which you can do to earn a reward from the project that you are participating. Payments are usually in tokens and some are currency such as USD. Some are paying through cryptocurrencies like btc, eth etc.
- how do they work
Bounties have different rules depending on the bounty that you prefer. You must meet the requirements of the specific bounty for you to earn the reward.
- how do they pay
Most of the projects are paying its participant by sending the rewards on their perspective addresses. When the reward will be in token, You must use ERC20 supported wallet such as MEW.
- are there any other points to consider?
Rewards varies depending to the projects and depending to the work that you've done