Topic: Bounty hunters should be paid in ETH - page 31. (Read 4586 times)
It will be good for bounty hunters and also for investors, usually most bounty hunters don't have any need to hodl the token they're paid in, once it reaches exchanges they will be the first to dump theirs.
I would not mind to pay in Ethereum. I remember recently ended the bounty of the company CrowdMachine and there were payments in ETH. High ranks got $ 2K-4K for a signature campaign in the equivalent of ETH for 15 weeks of participation. I think this is a good result.
If it happens, I will become the people that are very happy. For, ETH value is sure and it is easy to be sold after the distribution. However, I'm sure that the developer will consider why they only give us the reward of their own token. This is part of spreading the token into the market. However, some ICOs have used ETH as one of the ways for receiving the rewards.
It is a good idea but not all projects are generous to share the ETH they mobilize. There are many projects they do not sell their tokens and they can not divide the ETH they mobilize. Apparently ETH is more stable than the token they release. They look for redistribution of their tokens because they do not lose anything. ETH is the source of money to help them develop the project later. Your idea is good but not really feasible.
Exactly, and there are plenty of projects to choose from. You can just pick those that are paying in ETH or Bitcoin.
Everyting has its advantages and disadvantages.
Payments in ETH or Bitcoin:
Advantage: Secured income (provided that the bounty campaign manager is legit);
Disadvantage: Minor income
Payments in ICO/project crypto
Advantage: A possible huge income being it that the payments are much more substantial than those done in ETH or Bitcoin;
Disadvantage: The actual income depends on the success of the project.
Let's not talk about what is a good idea and what is not. People should know the advantages and disadvantages and decide for themselves.
It should be ANY coin to be paid by.. but PAID! After you can exchange it easy on what you need. I change my tokens from bounty to other tokens I made research on
It is a good idea but not all projects are generous to share the ETH they mobilize. There are many projects they do not sell their tokens and they can not divide the ETH they mobilize. Apparently ETH is more stable than the token they release. They look for redistribution of their tokens because they do not lose anything. ETH is the source of money to help them develop the project later. Your idea is good but not really feasible.
Exactly, and there are plenty of projects to choose from. You can just pick those that are paying in ETH or Bitcoin.
It is a good idea but not all projects are generous to share the ETH they mobilize. There are many projects they do not sell their tokens and they can not divide the ETH they mobilize. Apparently ETH is more stable than the token they release. They look for redistribution of their tokens because they do not lose anything. ETH is the source of money to help them develop the project later. Your idea is good but not really feasible.
Exactly, and there are plenty of projects to choose from. You can just pick those that are paying in ETH or Bitcoin.
It is a good idea but not all projects are generous to share the ETH they mobilize. There are many projects they do not sell their tokens and they can not divide the ETH they mobilize. Apparently ETH is more stable than the token they release. They look for redistribution of their tokens because they do not lose anything. ETH is the source of money to help them develop the project later. Your idea is good but not really feasible.
You do realize that the whole point of bounties is to bring awareness to the project and it's tokens and to get as much people as possible invested in the project so it is only right that they will pay you in their tokens because that gets you directly invested in the project. There is no way that bounties would pay out in ETH when they are trying to promote their own coins, it's like saying their coins don't matter if they pay you in ETH.
Well if there was a choice, take payment in the ETH or tokens. But we must understand that in their tokens bounty campaigns will pay you more, because they cost nothing to them.
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.
The same thoughts come to me. This way much easier for bounty hunters and ICO managers. Plus, after bounty distributation always going dump of this alt on exchange. This can be avoided by distributation ETH instead tokens, additionally, those, who want to hold tokens of this bounty project for long term, can buy tokens with distributated ETH, pushing price up. 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.
Not all bounty hunters sell their tokens when they are released, and some follow the campaign because they really support the project.
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 idea, and it is better for us because we no longer wait for the price to move up since most of the token prices drops after the ICO. And one more thing, bounty hunter's rewards is fix depending on the price of the Ethereum. 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.
A project has a purpose crowdfunding and not vice versa. If you think 1-2% will not be so much, then that means if half of the bounty hunter sells his token, it also will not have a major impact on the whole situation that occurred.
yes i think its better idea than token distribution, bounty hunter sometimes get token that undervalue or below ico price, so they are will be force to sell and its make the situation really bad for investors. but the disadvantage is, when there is a project with a good token prospect, the bounty hunter will still get the same eth number. they may still be able to purchase tokens personally, but the price would have been higher.
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.
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.
I've seen some signature campaigns paying in BTC, but it would be a sweet deal being paid in ETH.
However, they would be losing a portion of their raised funds that are supposed to be allocated for development of the project while allocating tokens doesn't really cost them. It could also rub the investors the wrong way if an ICO doesn't pay in their own token cause it could make the token seem less valuable (and they have to market their product as the next big thing).
When bounty allocation is directly converted to ethereum, this is equivalent to selling all bounty tokens earned bounty hunter. I think this is very contradictory to the purpose, because indirectly forcing bounty hunter sell all tokens.
I think that would be a better idea if ETH will be paid for the bounty hunters which I think most of them would be favorable with it since there is no need for conversion. In such case, definitely ETH will be more popularize if most of the ICO's will be using it as payment for the bounty hunters and this will have a positive result for ETH as a currency.
Good suggestion of the month! I agree with you that bounty hunters should be paid in ETH and not in tokens. Some bounty hunters realize (after so much stress campaigning for a project) that the token is worthless when listed in the exchange. But when effort is being compensated with ETH, we have nothing to worry about. 
I think that members of the bounty of companies should receive an award in the coins of the crypto project in which they took part. I take part only in those projects in the perspective of which I believe.
Jump to: