Topic: FIAT rewards for bounty hunters. - page 15. (Read 1603 times)
Awarding a bounty member with fiat instead of a token will give them neither the excitement nor the motivation to bounty the ICO. If you pay with a fiat currency or buy back a token with fiat currency will make the Token of the project is not attractive and the volume of transactions is low, this in the future will make the project lack potential and not attract the big investors.
Bounty hunters are always accused of selling coins at exchange listing but it's not true for all. Some people keep their coins and wait for price to appreciate well before selling. It would be a good idea if Bounty hunters are paid in eth or btc.
Bad idea, it would be still acceptable if the rewards were paid in ETH or BTC.
I don't usually cash out my tokens received from bounty campaigns, instead of it I hold them or if their price is good I change them to ETH and then I hold ETH. In my country it's a bit dangerous to recieve money if you're not employed officially, so I can't imagine getting paid through PayPal or something.
I don't usually cash out my tokens received from bounty campaigns, instead of it I hold them or if their price is good I change them to ETH and then I hold ETH. In my country it's a bit dangerous to recieve money if you're not employed officially, so I can't imagine getting paid through PayPal or something.
Your logic is good enough but it can not be done simply because it is against the ICO rule. Also organizations are raising fund to complete their project they give payments to all the team who works for them with their coin....
Hello all members!
I am a bounty hunter, as well as many of you
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.
I think right suggestion but there nothing dev's can pay fiat money for their project for the participants
its unfair to the investors because investor buying token use the fiat money or bitcoin as capital and hoping after the icos end they can receive tokens or coins came from the project to earn profits if the project successful.
It's a good thing if we receive fiat rewards and additional of token supply that they are promoting. But i guess some bounty hunters wanted to get more stakes/ ICO token and hodl for long term.
The bounty hunters join in specific bounty to get not just the money they join in there because they need the value of tokens and they also see the project as good in the future not all people in the bounty section wanted just money. They see the value of it and the platform to be good in future.
They said that Bounty hunters should earn rewards on Fiat but for me i wanted to get ETH or bitcoin. Fiat seems useless to me i need to earn monster profit in cryptocurrency. The best rewards right now is to accumulate more tokens.
Tokens are free for the coin team so they can spend any amount as they like. They set certain price per token during ico and not all coins are sold that period. Part of the remaining token they keep and distribute other to bounty hunters. What they sell or distribute during ico are just free tokens which they can generate easily.
They won't be spending any fiat they have got from investors. Those fiat goes to ico owners which they spent mostly on their entertainment.
They won't be spending any fiat they have got from investors. Those fiat goes to ico owners which they spent mostly on their entertainment.
Maybe you should propose an option of fiat payment so that any bounty hunter who wants fiat can choose. 😍
I think there are many bounty hunters will choose fiat because the price is going down and takes more time before recovers. Having much stable amount of salary maybe good in the market now and used it to exchange will make them much higher volume of crypto coins.
I made some comments about this topic earlier, but forgot to add one very important point. Bounty hunter who are agreeing with or even speculating about this false dumping rumor are foolish. If you participate in this discussion your are giving this false idea support which will lead to more bounty trying to scam us. THINK!!
Yes, paying by fiat could be a good option since most hunters dump their coins after the ICO and thus it reduces the price of that coin.
I agree, this could be a good option, but for bad ICO. Since hunters usually drop the price to get cheaper and buy more coins.Hello all members!
I am a bounty hunter, as well as many of you
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.
Yes, paying by fiat could be a good option since most hunters dump their coins after the ICO and thus it reduces the price of that coin.
Please show some evidence of this other that just an opinion you hear somewhere or basing it on what you would do. As a newbie maybe that why YOU are trying to develop a signature; to dump, but that’s YOU!! Most bounty hunter act th e same way investors do, take out a little then hold the rest; most even hold all as the didn’t risk fiat!! Hello all members!
I am a bounty hunter, as well as many of you
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.
This is a total BS opinion that bounty hunts dump the coins. This opinion is just something the weak hand amateur investors that the space in the community worry about. I see prices dumping why before bounty is released; and have personally tracked bounty distribution with prices movements and didn’t find any dumping by bounty hunters. Just weak hand childish FUD. There are actual study’s that prove that dumping is based on a he nation of the people who participated in the ico. Philippines, Nigeria, Russians, and Irish dump their coins the fastest; that’s a fact
Yes, paying by fiat could be a good option since most hunters dump their coins after the ICO and thus it reduces the price of that coin.
I agree, this could be a good option, but for bad ICO. Since hunters usually drop the price to get cheaper and buy more coins. 
Because they are not very smart and they are greedy.
Think of it, if they give coins, they basicaly do not pay you anything.
Someone pays you when they buy these tokens baised on their perceptions of the ICO ehich raised osme amount of money.
If they give you other currencies or ETH they actually give you something that has value.
Why I told that they are stupid, because IF they have tokens for team, they are dumping the price of their own tokens.
If they have a large % of tokens, they could care and they just might give you ETH, i have seen that happen.
Not bad idea but companies won't do it. Bounty is not only about paying for job, its about branding. When they are paying with their tokens, it also works for branding. No reason to reward with fiat when they can pay with tokens.
That is not quite a thruth that bounty hunters dump token price. Bounty hunters get so small percentage of tokens, they can't make great influence on the market. Early bird investors, bonuses, panicers also can dump ico price. And the ico main idea is to extend project tokens. Thre is no reason to pay rewards
in fiat for campanies.
in fiat for campanies.
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