When you participate in the bounty, the reward for you will be paid by the same token through the wallet you have registered. The token payment process can take several weeks after the ICO is sold.
Topic: How are tokens in bounty campaign paid? - page 2. (Read 1444 times)
Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
most projects use eth wallets, they use ERC 20 tokens but lately, I found several projects that started using other platforms. so now there are lots of wallet choices.XLM, NEO, WAVES, ACT, etc
Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
It depend on type of project you are doing, for example, if the project is based on ethereum the manager will ask for ethereum After being paid send your token to exchange where it is listed to convert to erhereum and btc.
They are paid to the hunter registered ERC-20 wallet, or other network wallet such as Neo, while some requires hunters to register on their website to get the token. Note, when inputting your wallet address make sure your details are correct to avoid loss of token.
Different projects choose the preferred platform for storing the tokens depending on their smart contracting platform built. So whatever platform they use, will determine the type of wallet you need. So you do not need to worry about that, because the project itself will tell you what kind of wallet to offer.
Be sure to get yourself a purse ERC 20. Since most projects will use tokens that you will receive using its address. The best option is myetherwallet . At the end of the project or a little longer, this is all you will learn from the team, you will get coins on your wallet
Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
The tokens usually use ERC20 token and you can use myetherwallet to stored your tokens from the bounty campaign. You also can trade your tokens from the bounty into bitcoins or other cryptocurrency too, but you need to wait until the tokens get listed on exchange. Sometimes it takes many months to wait until the token listed on exchange.
Some projects require a wallet, developed by projects, and most of the projects are based on your ERC20 address. You only have to account for myetherwallet and generate an address that you will receive your tokens.
Most need the wallet ERC20. But there are projects that create their coins and their wallets that you want to download. Carefully read the terms and you will understand what kind of wallet you will need
The best possible site you can go for wallet is myetherWallet.com and as you can see here people are recommending you only that and it is the most trustworthy wallet and the secure one too. payment encryption option for most of the coin is erc20 tokens.
For compatible wallet for that better to go for MyetherWallet and the tokens will be sent directly to your wallet which is compatible to your defined address and when your token is good for exchange you can change it into eth/ltc/btc and even you can sell your coins and have profit from there.
For compatible wallet for that better to go for MyetherWallet and the tokens will be sent directly to your wallet which is compatible to your defined address and when your token is good for exchange you can change it into eth/ltc/btc and even you can sell your coins and have profit from there.
usually these bonuses are awarded wallets ERC20. rules about the size of payments and terms you should read on the website of the project in which you participate. there should be information about the purse which is needed for the calculation.
Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
I'm confused, how can you join the campaign if you don't register and put your wallet address as a reward later. I suggest you should try reading a lot and explore on various boards in many threads in this forum.
Tokens are distributed by the team of the project between all the participants of bounty program after ICO in stakes which depends on efforts. Crypto wallet should accept ERC20 tokens. You should wait until the tokens will appear on exchange and become tradable.
Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
In bounty campaign they are paying you with their own ERC20.. which you have to sell in the Bitcoin exchanges after their ICO is over.
for me, since i was started to participate in bounty campaigns only Myetherwallet is known to me and i really trust on it because it's safe to use and free of charge so i did not change my mind from using other wallet.
Most projects have their tokens on the ERC-20 platform. So you will need to have a ERC-20 wallet like MEW or Metamask. For other type of tokens you might have to download their wallets. Once the tokens start trading on exchanges you can transfer your tokens to that exchange and trade it for Bitcoin.
Once you give your wallet erc20 thats compatible to there wallet address, they will send your token there at the end of there bounty campaign. but some bounty campaign create there own wallet thats direct on the payment method of their campaign.like glitzcoin and crytoassist.
If you have ERC-20 wallet then almost all coin you get from that wallet. But first check werher that coin is erc20 supported or not.... First check
Bounty campaign could be paid through smart contract i.e the terms and condition will be coded into smart contract and when these conditions are met, the smart contract release the coin automatically. A simple script can also be written for distribution!
Mostly in bounties ERC20 wallet is being using and i think it is a perfect wallet that you can save your coins and when coins will listed then you can sell your coins and covert into BTC or ETH.
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