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Topic: FIAT rewards for bounty hunters. - page 3. (Read 1603 times)
I don't think it's a good idea. Beside, you should know that number of token shared for bounty hunters is really low so bounty hunters can't do anything to affect so much to price of token so I think it's no need to pay fiat directly for bounty hunters and you should stop blaming bounty hunter .
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What you've said is very god. But the issue is that what they need at the moment is fiat. This is the capital they work with. They have enough tokens with them. Something better might be that they pay in bitcoins or ether if they wan to avoid their token dump.
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 like getting the token of the project I'm promoting. This would also be much more risky to the project. If it failed the owners of the project would be out all of their money. I doubt we will see this happen but anything is possible.
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.
It is a great news if bounty hunters are rewarded fiat, not tokens or coins because the they do not need to convert the reward to fiat. However, it against the foundations of decentralization of Cryptocurencies. Most people are prefer to get coins or takens rather than fiat even thought fiat is simpler transaction than coins.
I would place the developers were paid in ETH. Or bought moments from hunters who don't want to keep them. But there is a point. A certain amount of coins on the marketing, and the bounty so they need to distribute
i think it's not possible, because ICO-s want to raise money with bounty campaign and not give "real" money for it.
I disagree totally with the proposition because it goes entirely against the ideals of the decentralization movement. Projects can decide to pay out this rewards in ethereum bitcoin or any other cryptocurrency accepted during the token sale if they are worried about people dumping their tokens.
That is a better approach because anonymity should not be compromised because of a few tokens.
That is a better approach because anonymity should not be compromised because of a few tokens.
Because they dont care about investors money...the majority if ico's want just to grave money from investors
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.
Guys, what do you smoke here?
Crypto is an anonymous asset! While transactions can be tracked, the end wallet owner stays anonymous.
Now tell me where do you expect to get the bounty reward?
To your credit card, to your bank account or may be in cash?
From time to time there are bounties that pay in ETH or BTC, but never in fiat.
It can't be possible.
They prefer to take risks by letting the bounty hunters get a share of their coins. There is no guarantee that they will reach a price equivalent to USD with their tokens which is why they give it that way.
They prefer to take risks by letting the bounty hunters get a share of their coins. There is no guarantee that they will reach a price equivalent to USD with their tokens which is why they give it that way.
the idea of having a coin attached to the project is the brain behind the ICO in the first place so giving it away is not a good one.
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'd say your point is a notable one... But I highly doubt bounty hunters can dump a solid project with unique products. As a matter of fact tokens allocated for bounties (most) shouldn't drop the price of a token as more % are allocated to sales.
There is no how you can expect Fiat money for Bounty rewards because Fiats globally are not uniform and even where it is possible probably USD, you have analyzed it as well, Developers are raising their Tokens/Coins for money. All is well.
I would like to be rewarded in fiat, I think it is the best thing for bounty hunters, but that means more investment from part of the ICO team, so it may be quite difficult to archieve.
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.
If you wanted fiat instead of tokens, maybe you should aim for a higher task. Try to become a bounty manager and not a bounty hunter. Most, if not all, bounty managers get paid in fiat.
Bounty campaign is made in order to advertise the ICO and their tokens, and if you would like to get the fiat for the promotion, you may develop your own blog and creators of the project will personally contact you and will pay you in fiat.
If paid in Fiat I think bounty hunters would get rich quick in this forum) , and the project is not profitable to pay from his pocket it is easier to give tokens
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 it is a good opinion, but projects would not want to do this considering the facts that they are trying to raise money from ICOS for their project, so if they pay with fiats, it affects their income.
and funy enough, most projects do not pay to list in exchange, they still beg for votes.
Lets all bounty hunters wait, work and see what will be decided about this kind of scenario.
Exactly my perspective. Thou a good suggestion, believe me, many of these project barely made past the softcap stage. Payment with fiat will definitely ruin many of them straight up. I don't see feasible even in the long run. Cos many of them believe in giving people what they sell to improve the growth of their product's users.
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