Topic: Bounty Projects Paying Out in Bitcoin or Ethereum Instead of Bounty Native Token - page 7. (Read 1148 times)
July 26, 2019, 09:39:35 AM
I too agree with this idea especially after being deceived by many bounty managers and campaigns who either reduce bounty reward drastically while some do not pay anything in the name of low funds raised or soft cap not reached, all these situations exploit bounty work that is being done regularly and takes a lot of time and edfort and hunters need security too so i would go one step and say that bounty campaigns should pay in btc or eth and send payment weekly for work done. Period.
July 26, 2019, 09:35:56 AM
Irrespective of who the person is, most project would prefer to always pay with their token, because that is how they will continue to promote it, they can actually pay in this coins if they want to, and the only way they can pay with this is when they erase this from their mentality that they are doing bounty hunters a favor, favor in the sense that they feel their token will be worth more in future which the hunter will be the one to benefit more.
They fail to understand that the hunter could still lose big time if the project fails, and then the hunter is a worker, which means he would have worked in vein. The need to start seeing hunter like an office worker and our money needs to be paid at the end of the work, so best is to just use bitcoin and Ethereum as payment.
They fail to understand that the hunter could still lose big time if the project fails, and then the hunter is a worker, which means he would have worked in vein. The need to start seeing hunter like an office worker and our money needs to be paid at the end of the work, so best is to just use bitcoin and Ethereum as payment.
July 26, 2019, 07:06:09 AM
I don't like bounties like that. There are many reasons, and one of the main reasons is: there are many people involved, and there are low budgets ..
And if you join, you won't get too much money.
I like to receive their tokens because I can be rich if their project succeeds
And if you join, you won't get too much money.
I like to receive their tokens because I can be rich if their project succeeds
July 26, 2019, 07:01:33 AM
Bounty projects paying in bitcoin and ethereum is the best bounty projects you can ever meet as a bounty hunter and smile at. Most project managers consider bounty hunters as the overall dumpers and consider paying hunter in bitcoin and ethereum and yet these tokens are dump when it gets listed. Are bounty hunters the only dumpers? hell no. Receiving bitcoin or ethereum as a hunter is very cool.
I agree but I think only a few projects do it. A project pays with its own tokens because trading in the market is more attractive. In addition, the purpose of payment is to own the token so that the token holder increases and is not only dominated by several people
July 26, 2019, 04:38:49 AM
you are right that in every dump, the bounty hunter is the target they will blame, even though they know and see that the percentage of token sales bonuses is greater than the bounty allocation, sad. unfortunately developers cannot prevent this dump, even though they can avoid it by buying back, locking reward tokens or delaying the distribution of reward until the first listing on the exchange.
bounty selection must be done well, not only by seeing high reward allocations, but who manages the bounty or BM is one of the important requirements in selecting each bounty.
bounty selection must be done well, not only by seeing high reward allocations, but who manages the bounty or BM is one of the important requirements in selecting each bounty.
Your last paragraph really caught my attention and it’s a salient point to always take into cognizance the bounty manager and not just allocations. Is there any way some tested and trusted bounty managers can be posted in order for us to always look out for projects they handle? Because these ones already has projects they handled before with good success rates.
I agree that the bounty manager determines the results we get. Bounty managers who have a reputation will definitely not manage projects that are not clear. A new project would prefer to pay bounty hunters with their own tokens because they don't need to buy from the market and also to increase awardness on their tokens
July 26, 2019, 03:55:59 AM
you are right that in every dump, the bounty hunter is the target they will blame, even though they know and see that the percentage of token sales bonuses is greater than the bounty allocation, sad. unfortunately developers cannot prevent this dump, even though they can avoid it by buying back, locking reward tokens or delaying the distribution of reward until the first listing on the exchange.
bounty selection must be done well, not only by seeing high reward allocations, but who manages the bounty or BM is one of the important requirements in selecting each bounty.
bounty selection must be done well, not only by seeing high reward allocations, but who manages the bounty or BM is one of the important requirements in selecting each bounty.
Your last paragraph really caught my attention and it’s a salient point to always take into cognizance the bounty manager and not just allocations. Is there any way some tested and trusted bounty managers can be posted in order for us to always look out for projects they handle? Because these ones already has projects they handled before with good success rates.
July 26, 2019, 03:50:10 AM
The reason why everyone wants to get paid in bitcoin or ETH is because they don't want to wait when bounty is over,they want quick rewards,i prefer to get paid in tokens because it will be a lot profitable than getting paid in ETH or btc
There are times it works the way you have talked but on many cases as well they turn out to be decorations on our wallets. Not quick reward as such but being sure that your effort will not be a waste at the end of the bounty.
July 25, 2019, 10:28:11 PM
What i care is bounty paying with coin and its worthed/ not one of many shitcoin, i am join so many bounty and now collected more than hundred coin erc that i cant sell, its sad 
July 25, 2019, 10:18:54 PM
Bounties that pay directly in bitcoin or Ethereum are more attractive, because at least their teams have their own funds to run marketting, rather than using free tokens that they own built from their projects. Teams get those tokens for free, so they won't lose anything if their marketing fails. When they have to pay a cost to run their projects' marketing, it is somehow a good indicator that they might put serious initiatives in their projects.
it can done by bonafide projects, and we see it rarely in this market.most of developers team have no fund while they start projects, and depend on investors in their IEO or ICO.and we have no certainity that they will pay us , moreover if projects failed in crowdfunding. legendary
Activity: 2576
Merit: 1043
Need a Marketing Manager? |Telegram ID- @LT_Mouse
July 25, 2019, 06:21:01 PM
I think it will be more preferable to have rewards paid in bitcoin or ethereum in order to save bounty hunters from receiving blames unnecessarily.
I will say it many times already and will say it once more, the team doesn't have initial money to fund their project that is why they are launching an ICO to fund it. One thing more, they don't want to risk their own money into a project that is not 100% successful. We know that some of the projects right now are either scam or doesn't reach their soft cap ending in abandoning it. July 24, 2019, 06:55:43 PM
Bounty projects paying in bitcoin and ethereum is the best bounty projects you can ever meet as a bounty hunter and smile at. Most project managers consider bounty hunters as the overall dumpers and consider paying hunter in bitcoin and ethereum and yet these tokens are dump when it gets listed. Are bounty hunters the only dumpers? hell no. Receiving bitcoin or ethereum as a hunter is very cool.
July 24, 2019, 06:39:46 AM
There are several reasons why the team doesn't prefer to choose BTC or ETH as the payment method for all bounty hunters. First is about the availability of the funds. They must spend ETH and BTC, but I don't think that they all have the amounts of the coins for payment. Second, they may expect that the token or coin will spread easily through the bounty hunters. And of course, it will not always be a matter of blaming because token allocation for bounty hunters is commonly limited, only around 2%.
But, we also know that there have been several projects with ETH and BTC payment and you can find them on the board services in this forum. However, they are limited for only several participants with limited campaigns.
team prefer using fund collected in btc or ethereum for their development cost moreover if they have no initail fund when projects started.only bonafide projects with angel investors that able pay bounty campaign using major coins bitcoin, ethreum, xrp or other coins.and usually this kind of projects have good quality. But, we also know that there have been several projects with ETH and BTC payment and you can find them on the board services in this forum. However, they are limited for only several participants with limited campaigns.
July 24, 2019, 05:34:23 AM
There are several reasons why the team doesn't prefer to choose BTC or ETH as the payment method for all bounty hunters. First is about the availability of the funds. They must spend ETH and BTC, but I don't think that they all have the amounts of the coins for payment. Second, they may expect that the token or coin will spread easily through the bounty hunters. And of course, it will not always be a matter of blaming because token allocation for bounty hunters is commonly limited, only around 2%.
But, we also know that there have been several projects with ETH and BTC payment and you can find them on the board services in this forum. However, they are limited for only several participants with limited campaigns.
But, we also know that there have been several projects with ETH and BTC payment and you can find them on the board services in this forum. However, they are limited for only several participants with limited campaigns.
July 24, 2019, 05:28:00 AM
For the fact that many projects in the cryptocurrency ecosystem doing bounties pay bounty hunters in their native tokens thereby blaming hunters for the dump in price most at times. I think it will be more preferable to have rewards paid in bitcoin or ethereum in order to save bounty hunters from receiving blames unnecessarily. I took part recently in a bounty (ANYONE project) and the payment is in btc though still awaiting payment but we're saved from unnecessary bickerings relating to price.
If on this bounty space we can get rewards in these currencies (btc or ethereum) it will do more good because after payout everybody faces their business and it will be left for the project team to see to how value could be added to their token or project as I can term it.
It's quite glaring and painful at the same time, bounty hunters are at the receiving end. In some cases, bounty managers change the rules with utmost disregard to hunters. I partook in a bounty just recently, where the BM was looking for a different excuse to cut down the rewards in their own native token seeing that price of the token skyrocket after their IEO and not allocating the agreed percentage to those tagged successful thereby denying hunters of what should have accrued them.
Any suggestion on the way forward that could be of help to bounty hunters having fair treatment and not be treated as a piece of rag after successful project campaign(s)? I want to learn from others experiences on the forum.
Just like most commenters must have pointed out, i aggree with the fact that projects may not have the amount of eth or BTC to pay hunters. Removing such amount from their collections may ruin their running costs especially in this age where the number of bonuses may be x2000 of the supposed ‘IEO or ICO’ price If on this bounty space we can get rewards in these currencies (btc or ethereum) it will do more good because after payout everybody faces their business and it will be left for the project team to see to how value could be added to their token or project as I can term it.
It's quite glaring and painful at the same time, bounty hunters are at the receiving end. In some cases, bounty managers change the rules with utmost disregard to hunters. I partook in a bounty just recently, where the BM was looking for a different excuse to cut down the rewards in their own native token seeing that price of the token skyrocket after their IEO and not allocating the agreed percentage to those tagged successful thereby denying hunters of what should have accrued them.
Any suggestion on the way forward that could be of help to bounty hunters having fair treatment and not be treated as a piece of rag after successful project campaign(s)? I want to learn from others experiences on the forum.
July 24, 2019, 05:22:26 AM
You'll get 100% percent vote if you ask if bounty hunters would want to receive Bitcoin or other top coins in the market as their rewards, but right now is very rare, they want all the top coins they can get from all their sales, even if the percentage to pay is not that big, they don't care if you dump or hodl as long they have funds stored for development of the platform or run away.
July 24, 2019, 02:58:35 AM
I think it will be more preferable to have rewards paid in bitcoin or ethereum
obviously YOU would prefer that because you are the receiver but the owners would hate it because now they would have to "spend money" whereas before it didn't cost them anything at all. you see when you create a token out of thin air, it doesn't cost you anything since you get the whole 100% of them for free. so paying in those tokens that you created for free is preferable to the token owners which is why they do it in first place. but paying in something else like bitcoin means they have to go spend money and buy bitcoin to be able to pay and that costs so they never do it.
July 24, 2019, 02:25:19 AM
you are right that in every dump, the bounty hunter is the target they will blame, even though they know and see that the percentage of token sales bonuses is greater than the bounty allocation, sad. unfortunately developers cannot prevent this dump, even though they can avoid it by buying back, locking reward tokens or delaying the distribution of reward until the first listing on the exchange.
bounty selection must be done well, not only by seeing high reward allocations, but who manages the bounty or BM is one of the important requirements in selecting each bounty.
bounty selection must be done well, not only by seeing high reward allocations, but who manages the bounty or BM is one of the important requirements in selecting each bounty.
July 24, 2019, 01:50:26 AM
A lot of project paying out in bitcoin, you can find that in bitcoin service thread, usually project that pays in btc are gambling project only signature campaign for member with plus merit
July 24, 2019, 12:33:34 AM
Those projects offering bounty campaign in ICO/IEO doesn't really have any BTC/ETH funds you know why? that's why they conducting an ICO/IEO and in order to find an investor they need to run a bounty campaign to receive traffic and find niches that would invest to their project and for the investors they would give their native coin as a share to their company.
I may say that bounties that pays eth and btc is very rare.
I may say that bounties that pays eth and btc is very rare.
July 23, 2019, 11:38:14 PM
I think with the bounty manager trying to cheat, the hunters can team up and protest against the bounty manager which could probably lead to a red trust tag. Quite unfortunately, most of these bounty managers usually use their alt accounts to manage bounties so they end up escaping any punishment
Jump to: