THis is not good for Dev because already you mentioned many times about this bounty distribution and now you are changing the payment to bounty people and reducing the number of RUSTBITS to the bounty participants. Only the promotional activity is through with the bounty people but only because of two people you are reducing the payments to bounty participants. Think about it twice because now there is no Escrow for the project once Escrow is there means he will distribute the bounties according you mentioned above in bounty thread. That's why I suggest many people go with the escrow there are many cruel devs after collecting a huge amount of money and will change the bounty structure according to their Benefits.
This change is obvious. The bitcoin price is going crazy. A long time ago I wrote to dev to take a look at the bounty structure. You only want a lot of coins - to sell them quickly. You do not think of a coin as a project - just about easy money with easy bounty rewards
Good dev
trex it will be a great exchange for this coin.
And how does the bounty look? Will the bounty be reduced?
Yeah, I mean there's a legitimate concern from the community on the bounty rewards excessive. The intent of the campaign was
not to be an airdrop/giveaway, but rather tokens in return for
legitimate campaigning. Applying math to what's "fair" is difficult, especially if you take the conversion rates of bitcoin into account which is like an elevator ride everyday. I see adjusting the bounty levels with a haircut across the top and then adding those to the burn pool. What I didn't forsee is an unbalancing in the bounty reward pools against the overall campaign, i.e signing up for a newsletter should
not reward more than a signature. Febo was sharp to point it out and I didn't catch at first because it was being labeled as a scam and I took offense to that, but once I did the math, he was right, it wasn't balanced. That doesn't make it a scam though, my intent was to reward people for doing things in the campaign, but the pool was unbalanced. Redistributing the pool will solve the issue with a pool burn of excess shares.
It would do the following:
A) Campaigners would still get a large amount of rustbits (avg 14k rustbits if you were in all campaigns)
B) The additional burn adds more scarcity for both campaigners and buyers
C) Buyers have confidence that the campaign is legitimate and not a giveaway
D) Dev does not benefit from the cut in any way
Both you and Febo had both campaigners
and buyers in mind and keenly spotted out some of the issues at hand.
Yes dev i remember the first one i wrote with the fear that the bonus is too big. I think you will calculate everything so that the price of the coin will not suffer in the future.