Topic: FIAT rewards for bounty hunters. - page 7. (Read 1576 times)
If that will happen I'm surely double my efforts on Bounty and all aspect of it, but it is totally impossible. If they don't want their token price will be affected by bounty hunters so I think the best way is that stop running bounty campaign is much better than paying bounty hunter in fiat. But I'm hoping that it would happen in the future? maybe. haha
for the bounty hunters, I haven't seen using FIAT, it's just FIAT to purchase the personal token, so we only accept payment in the project token.
This is not a bad idea because usually price decreases after ICO. It would be nice if they paid in Bitcoin or Ethereum every week.
Bounty allocations are usually 1% or max 2% of total supply. I am sure not all hunters dump their tokens, but even if it happens with 1 % they cannot make too much damage and it would be not affecting the project long term.
We are here in Crypto as we believe in decentralised payment solutions and want to get rid of Fiat if possible.
We are here in Crypto as we believe in decentralised payment solutions and want to get rid of Fiat if possible.
It would be good if the ICO projects would pay to bounty participants with fiat money. But I think for them it is easier to pay with tokens than Fiat, because if they do so, in fact it is the investors who are paying to bounty participants, because those tokens influents on the token price, and reduce investors income.
Honestly, I have not seen projects where they would have paid dollars. Most often, they pay either by a common coin (Ether for example) or tokens of the project itself, because Payment in dollars is not very expensive for any developer and causes a lot of questions from the holders of securities.
Not only bounty hunters can dump the price, but also investors who bought coins on Private Sale, so it's better not to say that the fault is just bounty hunters, it's not, they do not have such a large percentage of coins from the total sale.
That's great. Of course, companies can't allow that . But there's definitely something to think about.
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I am very thankful that I can earn atleast tokens. Some of them are even better than Fiat. And what do you know, in the future, no FIAT, only crypto?
So dont hate bounty tokens and try to love them
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So dont hate bounty tokens and try to love them
. The are two type of bounty hunter. First, is people which sell their token immediately or exchange to ETH because of many reason. The number two is people which hope that their token from bounty can got better price or even rocket to the moon. I think that FIAT reward are suitable for type one but some people too want to hold their token too. Also there is only few bounty that really paid with FIAT.
I very rarely go to projects that offer dollars during the company's Bounty, not steaks, as in other cases. Such company bounties give me confidence.
The are two type of bounty hunter. First, is people which sell their token immediately or exchange to ETH because of many reason. The number two is people which hope that their token from bounty can got better price or even rocket to the moon. I think that FIAT reward are suitable for type one but some people too want to hold their token too. Also there is only few bounty that really paid with FIAT.
This idea doesn't make any sense. Because it's not profitable for the project team and they would never agree to pay bounty hunters Fiat money. In this case, they could buy advertising for this money and be sure that it will definitely lead new investors. And bounty is word of mouth and doesn't do enough good to pay Fiat money for it.
I totally agree, like this is a whole idea of bounty campaigns - to use the funds in tokens not in percent of raised funds. But for bounty hunters - really good idea because of some sort of 'fixed income' in FIAT. 
For ICO, it would be a big problem to pay bounty hunters in fiat. Where would they have money for it if they were just collecting it for the project? Who and where to send money? Additional fees for sending in various parts of the world. Bounty hunters work in the world of cryptocurrencies and receive a reward here.
That would never happen. The fiat payment were surely alloted only for the team of the project which is the devs, the marketing dept and other related to it. Our job is not that also hard and it is not considered as a profession so it just suits that they pay us their tokens.
Yes it would be great if that happens we can directly get our tokens/rewards in our wallets or we can withdraw it automatically our rewards so that is very much easy to use our fiats.,but i think that is impossible to happens everything has the reason why it cannot be happen ico's and the trading part is very much needed.
This idea doesn't make any sense. Because it's not profitable for the project team and they would never agree to pay bounty hunters Fiat money. In this case, they could buy advertising for this money and be sure that it will definitely lead new investors. And bounty is word of mouth and doesn't do enough good to pay Fiat money for it.
Oh, that would be something to be seen for sure, but ICOs normally want to have everyone speaking well of the project so tokens are better for that.
It's not a bad idea, although I think it's more convenient for investors to continue paying in tokens than in fiat directly, although if it would solve the problem that you mention that it's the dump that barely comes out in exchange, remember that bounty hunters can also be investors and many participate to get good pre-ICO tokens that their value is much lower but can reach a much higher 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.
This is great idea to protect investor from dumped price of token, but this is can be reality if the team member want to protect their investor. So far i have seen only few little bit project paid the bounty reward by ETH. But payment of bounty with fiat or stable coin like USDT/TUSD/DAI is more better idea to avoid loss value of reward from high volatility.
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