Topic: FIAT rewards for bounty hunters. - page 2. (Read 1603 times)
Fiat is not an option as we are in Crypto for different reasons to get rid from fiat, but BTC or ETH would have sense. Bounty payouts are usually 1% of total supply so they hardly can effect anything long term.
That will really benefit all parties, it could even encourage bounty hunter to purchase some tokens during and after the campaigns.
It is only useful for bounty hunters. The ICO will lose money if FIAT payments are made to bounty hunters.You say the bounty hunters will use that money to buy the tokens? I think no one will buy it. The bounty hunter needs money. And if they have money they will leave the project, That's for sure
That will really benefit all parties, it could even encourage bounty hunter to purchase some tokens during and after the campaigns.
It is only useful for bounty hunters. The ICO will lose money if FIAT payments are made to bounty hunters.You say the bounty hunters will use that money to buy the tokens? I think no one will buy it. The bounty hunter needs money. And if they have money they will leave the project, That's for sure
Paying for a bounty member using FIAT instead of Token will directly affect the finances of that project. And this is the cryptocurrency market so if ICO pay by cash it will be challenging for members to be able to exchange to other cryptos. Therefore, payouts with cryptos are the right thing to do and in line with the market's criteria.
I would prefer if the bounty awards to bounty hunters were paid in the etherium at the prices of the ICO. Payment in Fiat is too time-consuming and will only increase the share of fiat.
whether fiats or ethereum, they both nice, the idea is that you get our reward in something other than the bounty tokens and therefore not dump it on exchange
That will really benefit all parties, it could even encourage bounty hunter to purchase some tokens during and after the campaigns.
because ico teams do not have fiat. that is why they launch an ico. they need money to launch their project. so there is no way to distibute fiat to bounty participants. moreover i dont think they would like to spend fiat for bounties even if they have cash.
well said dude! Practically these developers are looking for funds that's why they lauched their own ICO to raise its funds from scratch. Most of the ICO start ups with little to no fund just an idea alone so its basically no chance for them to give fiat money as payments for the bounty participants.
I don't think that giving bounty hunters their rewards in fiat is wise, we are in the crypto market so there is no need for us to be using fiat to pay out bounties. Also one of the purposes of bounties is to get awareness out there about the coin and to get as many people as possible involved in the coin so that is why they pay out in their tokens, making you involved in the coin.
I would prefer if the bounty awards to bounty hunters were paid in the etherium at the prices of the ICO. Payment in Fiat is too time-consuming and will only increase the share of fiat.
You are certainly it far from the truth, but will it be adopted that we don't know. Let's hope for the best and keep working as we play a vital role in the crypto space.
Let us be absolutely honest your supposition is wrong because participants of bounty campaigns cannot drop prices of really strong and perspective companies because there are tremendous demand on such companies and prices grow despite of anything.
This is absolutely true, i have been saying this and i keep telling my friends, bounty hunters do not and can not bring down the price of any project that is build on a solid foundation. What they do most times is they (the project team and investors) buy back once some hunters start selling their tokens and few days after they create a strong buy wall and they automatically push the prices up and in some cases even higher than the ICO price. Hence, investors will then smile again. Please let always correct and understand this. 
Special payments for bounty hunters are better to use FIAT or ETH or BTC because if the payment using tokens will cause the token price when the list in exchange will drop because many bounty hunters sell their tokens below the ICO price
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 wonder which business minded person will do this. Anyway, I share a different idea when it comes to dumping after ICO. I dont think bounty hunters are to blame for that because some projects even hold on to bounty hunter's share but the coin will still drop in value.
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.
Actually, community program promoters most times might get to avoid dumping interesting iCOs , although when one offering can be forgetful they run promptly to preserve a little amount of profit. Else these need to keep usually.
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.
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.
In my own opinion, it will never happen because rewarding fiats or real money are too much risky for the companies. I meaned in their side, they don't have assuranced and sure that their project will be successful. And if they can be able to collect enough funds, they will used it in the development process so that they can implement their project.
Fiat is good but really expensive and clumsy to pay in. The reason why cryptocurrencies was launched in the first instance.
I also want to get fiat. But the reality is hard to do, because they do not want to pay for the bounty hunters, they just want to pay by their product, if their project is good, they will buy it, project bad, they also Will dump like bounty hunters and die project
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