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Topic: Bounty hunters should be paid in ETH - page 12. (Read 4586 times)

newbie
Activity: 125
Merit: 0
June 25, 2018, 08:45:13 AM
Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.


Of course it will be better for bounty participants. But what if you look at the other side. By your participation you support the project, which means that you must be sure of it. Then you will be confident in the success of the tokens of this project. If you do not like the project or you think that it will not be successful, just do not enter and all
full member
Activity: 318
Merit: 100
June 25, 2018, 08:43:47 AM
There are some reasons they do not pay ETh for bounty hunters. Number 1: They want people to exchange their token. No one project wants their token not exchanged. The exchange made that project successful or failed. If they are rewarded with ETH, I think their token will not be valid. 2nd: if they pay by ETH. I am sure the pool will be very little. and they will receive very little bonus

Yes, I agree with you on this because every company want to get relevant in the industry and when the token get listed on the exchange, and people begin to appreciate the token, then the token will begin to grow well.
newbie
Activity: 69
Merit: 0
June 25, 2018, 08:40:00 AM
we can not implement in bounty gifts, because this is not the best way to pay for bounty campain, because if the ICO will fail, they will lose more money later, this is impossible or impossible but impossiblento happens.
newbie
Activity: 98
Merit: 0
June 25, 2018, 03:14:23 AM
Projects that pay bounty hunters with their tokens have an advantage of large trading volume. If the project is good enough, most hunters won't dump after the tokens are distributed.
full member
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
June 24, 2018, 10:33:11 AM
Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.


You're right that paying bounty participants in eth will lessen the event of early dumping of the tokens. Additionally, we bounty members will be happy since we won't need to pay for the conversion of tokens to eth in exchanges. But I think it is favorable for the team to pay with their own tokens rather than spending part of the funds raised for the project. There are lots of cases that they did not reached even their targeted soft cap so every single penny they raised in ico should be utilized for the project's expenses. But I'd love to be paid in eth if it's possible.
sr. member
Activity: 574
Merit: 250
June 24, 2018, 10:25:50 AM
I like this idea, bounty hunters should get paid in the Ethereum. At the same time, the price should be the same as it was at the ICO stage. Then the prices in the market will be much more stable.
full member
Activity: 340
Merit: 100
June 24, 2018, 10:10:07 AM
Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.

Yes ofcourse. But i think thats doesnt matter. Does only matyer here just pay us the bounty hunters back for the works weve done for them. Joining paticular ICO is a choice if you want to be paid for tokens that theyre creating you should continue and sell it to become eth or even bitcoin.
member
Activity: 378
Merit: 11
June 24, 2018, 10:07:23 AM
There are some campaigns which the payment is ethereum.
newbie
Activity: 252
Merit: 0
June 24, 2018, 10:05:54 AM
Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.



This is a good ida from bounty hunters point of view. However the ICO will not want to adopt this method as it will affect their soft cap and hard cap raise for devloping of their platform. If they adopt giving eth instead of their coin their profit level will be greatly affected by this. In the first place they does not need to fork out eth to get those coin so giving hunters eth and not their coins mostly probably will not be adopt by them.
full member
Activity: 242
Merit: 100
June 24, 2018, 09:57:13 AM
Many projects can't hit any exchange make bounty hunters feel bad like that. But with some good ICO their tokens worth much more than ETH many times and it easy to pump too. So pay by ETh should be fair for bounty hunters as we spend a lot of time for thier project but many time we receive nothing back
sr. member
Activity: 2464
Merit: 252
June 24, 2018, 09:43:47 AM
I think that the participants in the generosity campaign ICO need to be provided. the right to choose payment for their work. It would be nice if in the form that we fill out when joining the ICO project, it would be possible to specify the form of payment. After all, some bounty hunters will not mind still getting new tokens if the ICO project is very promising. In general, the idea is good, however, for the ICO team this will be additional problems and therefore they are unlikely to want to do it.
full member
Activity: 756
Merit: 112
June 24, 2018, 07:33:03 AM
It is less risky for the ico team to dedicate tokens from the sold tokens pool into the bounty because the token only has a market value after it is listed on exchanges.

However, regulatory changes could soon have token allocation for bounties ruled out. So you might see ETH bounties at some point this year.

Will this force KYC more? We are now using a popular coin as the means of payment. I am not contradicting this, I also wanted to be paid in ETH or BTC for I think it will be more safe and less volatile than startup tokens. I am just saying that most people including me wouldn't like to do KYC.

Not all bounty are requiring kyc, there's still projects that allowed participants to received their tokens without any kyc requirements, I think it still depends, OP's arguments can be right in terms of assurance while other bounty hunters are also enjoying the payments such tokens knowing that
there's a high chances that the value will be more greater than expected.

What I'm saying is that, If we use ETH or BTC as means of payment will be a way ICOs can enforce KYC for participants?

Thank you for pointing that. I forgot that ICO tokens have more chances of being high in profit. But the other side of the coin is that it can also be a shitcoin.
legendary
Activity: 1302
Merit: 1025
June 24, 2018, 04:37:35 AM
For the bounty participants it would be very good. But don't forget the ICO is a fundraiser. If the project had the funds it seems to me that they'd buy advertising, and not the bounty.
Indeed ICO is a fundraising but they can always consider on paying their bounty participants with eth right at the end of their campaign. I mean they already have the money to pay in ETH. The think is, most bounty campaign happens so their tokens can be distributed as well. They take advantage of the fact that there is a huge number of bounty hunters that could mean a high volume on their coin once it got listed.
member
Activity: 189
Merit: 10
June 24, 2018, 04:34:31 AM
For the bounty participants it would be very good. But don't forget the ICO is a fundraiser. If the project had the funds it seems to me that they'd buy advertising, and not the bounty.
member
Activity: 462
Merit: 11
June 24, 2018, 04:34:08 AM
All bounty hunter will very happy if this can be turn in to reality, but mostly all team developer dont agree with this because they want to have more ETH , and they only want to distribute bounty reward with their token.  Actually bounty reward in ETH is good thing also to avoid bounty hunter dump the token price and the investor will be protected from falling price.
newbie
Activity: 70
Merit: 0
June 24, 2018, 04:25:58 AM
Token itself has purpose to make easy for every companies, if they pay in eth with a price that isn't stable it will feeling hard. It has to pay with with how much is it. If is in token, their teams have decided of course with amount of token and no need to wait the eth price to be stable.
newbie
Activity: 81
Merit: 0
June 24, 2018, 02:31:14 AM
If this were possible, I would probably be very happy, because the project tokens I participated in will be able to be released only after 6 months, so all my efforts as a whole can be rewarded only after 6 months, it's very long.
hero member
Activity: 812
Merit: 500
June 23, 2018, 05:34:11 PM
Bounty hunters quite often don't get awarded the coins or these are quite few but that's bounty campaigns and we should get more in the future.

That would not be that good because most people will find that they would not be making any real money if that ever happens.
jr. member
Activity: 188
Merit: 2
Brings You A Time Trading Social Community Platfor
June 23, 2018, 05:32:04 PM
It would be good for bounty hunters but not worth for team.

Paying in Eth is a big convenience to us as a bounty hunter rather than to sell tokens,you cannot expect token price and you need to pay for the gas and exchanger fees very hassle if paying in Eth no more hassle you can easly change into fiat and it is a big benefits to all investors because no more bounty hunter will dump the tokens.
member
Activity: 476
Merit: 41
June 23, 2018, 05:30:39 PM
I don't know if you can say that bounty hunters "deserve" the 1 to 2% and work hard.
The reality is, the vast majority of bounty hunters don't contribute any kind of good marketing at all.
You have the scammers, then the thoughtless posters, than the "media influencers" with like 500 to 1000 followers.
It is a stretch to say that bounty hunters deserve things.

As far as getting paid in eth, there was a bit of a trend of that last nov/dec.
What's interesting, is those projects didn't get much attention and campaigns moved away from that and back to paying in the native token.
Bounty hunters seem to want the native token more than eth.
I think there is the mentality that out of all the coins they earn, one or two of them might pump and moon so it is a more lucrative.

Me, personally, I would rather get paid in eth lol.
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