Topic: How are tokens in bounty campaign paid? - page 7. (Read 1457 times)
Quite easy. When you sign up for bounties or airdrops, a wallet address is usually asked for. Either an ERC20 token address or a non-ERC20 token address. After the bounty, the tokens are then sent to the wallet address. You can then decide to do whatever you wish to do with your tokens after that time. Maybe sell them off in an exchange, or hodl them.
when you join bounty campaign, you have to fill up their the application form to able to get their tokens, you have to give your wallet information that compatible to there wallet address but some bounty campaign creates there own wallet that direct on the payment method of their campaign.
Some bounty token were paid directly into your erc20 wallets, wave wallet, NEO wall, some were going to send you email to receive your tokens, some were given after completing kyc
Dear all,
You can receive some tokens after the campaigns were completed. With those tokens, you can trade or hold. If yo want to hold, certainlly. But if you want to trade, you must find which exchanges the tokens list on? That is important.
You can receive some tokens after the campaigns were completed. With those tokens, you can trade or hold. If yo want to hold, certainlly. But if you want to trade, you must find which exchanges the tokens list on? That is important.
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?
There are 2 ways on how you will get paid. The first one is it will be directly sent to your ETH wallet. Before you join in a bounty campaign, you need to have it first so you will receive the payment. It must be an ERC20 wallet, these wallet are METAMASK, MyEtherWallet, PARITY, Mist, IMTOKEN. The second one is you need to create an account in the website of the project. They need this for KYC requirements to eliminate multi-account users.
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?
Yes of course we need a wallet in order to store the bounty rewards to be given in a bounty campaign that we particpated. Preferably myetherwallet which most bounty participants used and most bounty campaigns suggests to used. Because most of the tokens received in bounty campaigns is ERC20 and myetherwallet is the only wallet that can be used. And in order for the token to be traded in bitcoin , it must be listed in exchanges before it can be tradable.
It relies upon terms and states of particular abundance program as the prizes can be paid as in coins, e.g. BTC, ETH, and so on., as in venture's tokens. Keeping in mind the end goal to get your abundance rewards you need to give your wallet address. Utilize MyEtherWallet, Bitaddress and Neotracker to open wallets for ETH, BTC and NEO correspondently. As a matter of fact, it is sufficient in 90% cases.
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?
Just read the whitepaper or the bounty thread and you will find your answer, you will find the information about what kind of token you are going to receive and the kind of address you need, once the bounty campaign ends and you receive your tokens what you need to do is to wait until is listed in an exchange and then sell your coins for ethereum or bitcoin there. 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?
First of all you have to work hard for anything to earn...So earn some tokens and if the ICO succeds then you can sell those tokens...But there are many times when the ICO didnt succeed so I cant believe any bounty campaign...I prefer signature campaign which pays out in bitcoin only.
It depends on what kind of platform is the project using. Usually, they are using ethereum as the base platform and erc20 as the standard which is normally used. So normally, for you to receive bounty, you first need to have an erc20 wallet which you can create through mew or myetherwallet.
I normally do with MyEtherWallet to receive the tokens from the bounty, but we need to wait until the initial coins added in there, but sometimes there are bounty which paid by btc either.
The tokens will be credited to your ERC 20 Wallet Address. You can sell the tokens in different exchanges and receive BTC, ETH or any pair of your token.
Well, this is a pretty weird question)) I recommend you to open and read some threads for beginners in order to figure out how it all works. Cause if such a question occurred to you, I bet it is not the only one)) I think, it's great to ask questions like this, but they have already been answered in lots of threads)) Read it and you'll find lots of useful information there.
And, yes, you must have a wallet, otherwise you won't get any rewards. By the way, it depends on the bounty, you need to have different wallets, such as ERC20 wallet, nep-5 wallet, xem wallet. Cause ICO can be on different platforms and you need to have matching wallet.
And, yes, you must have a wallet, otherwise you won't get any rewards. By the way, it depends on the bounty, you need to have different wallets, such as ERC20 wallet, nep-5 wallet, xem wallet. Cause ICO can be on different platforms and you need to have matching wallet.
I think you should read about it on official site of project which you choose. Often MYW is used for ICO and Bounties but some companies use own wallets.
Mostly you first have to provide them with a suitable wallet they ask for when you are signing up for the bounty campaign. After everything is done, the stakes that you have gathered through out the duration of the bounty is then calculated to give a good number of coins that you have earned. Once the distribution starts, the coins are paid into your wallet.
I have participated in a bounty program and it requires a wallet that is supported by erc 20 to receive tokens and that is very necessary
This depends on the kind of tokens that will be given. For ERC20 tokens, you are usually asked for your ethereum wallet address when registering. This is where your tokens are sent to after the campaign. For non ERC20 tokens, a specific wallet address might be asked for, and your tokens will be sent there.
Yes, the wallet is very important to receive tokens, usually MEW erc20 is often used. There are several exchangers that can serve the trade like idex and many more.
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?
Obviously you need a wallet to receive the token rewards. Aren't you on a signature campaign right now? On its application post you need to provide your ETH address to participate right? That's it. We can generate ETH add by creating it MyEtherwallet.com site, but be sure you must have to save your private keys cause it won't be recover anymore once it lost. Some people experience like that and very sad that they lost everything they've got from bounty because they forgot their private keys.
Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.
it depends. the most common are ERC20 Tokens around here.you could use, Wallet from myetherwallet, metamask, or imtoken.
and some ethereum wallets that accepts erc20 tokens.
just indicate the address that you receive, provided by the wallet to your bounty manager.
and you'll receive it.
And also how can token be traded into bitcoins or other cryptocurrencies. Any idea?
When your token, hits exchange.and provided that, the token can be sold into LTC/ETH/BTC.
there you can sell through that options. and receive it on your BTC wallet.
it really depends on the exchange what options you can avail.
Jump to: