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?
usually before we participate in following the bounty on the ico project, of course we have prepared the address of the address that has been requested by bounty project manager, to send your gift tokens after the gift is over and the tokens will be sent to address wallet you, you can sell your token and can buy bitcoin or ethereum after the token has entered the exchange, and you can make capital for trade or investment of course. 
Topic: How are tokens in bounty campaign paid? - page 9. (Read 1457 times)
Normally, most bounties are using erc20 wallets or related to ethereum blockchain wallets where ypu hold yor private key. The specific answer toyou question is it depends on the platform if they will create their own wallet or you should register to their website where the altcoin wallet was attached. Always double check the instructions and be updated when will it be listed to a trading platform.
Because they can create easily on Ethereum smart contracts without any funding. Well actually the good thing about ICO is you can get money from investors reaching soft and hard cap to help the project to develop.
Different projects choose the platform the prefer for storing their tokens depending on the platform their smart contract is built. So, whichever platform they use, will determine the the type of wallet you would need. So, you need not to worry yourself about that, because the project itself will tell you the type of wallet to provide.
Normally, most bounties are using erc20 wallets or related to ethereum blockchain wallets where ypu hold yor private key. The specific answer toyou question is it depends on the platform if they will create their own wallet or you should register to their website where the altcoin wallet was attached. Always double check the instructions and be updated when will it be listed to a trading platform.
Most of those bounty projects are based on the Erc20 ethereum blockchain platform. All you need to do is just to add your address anytime you wanna apply for a particular bounty task. Some use waves wallet and xlm as well. It depends on the type of project and the blockchain they want to use.
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?
Usually, MEW tokens is used for receiving ERC 20-based tokens. But some campaigns also allow other wallets, you might want to ask the campaign manager about it. After receiving your tokens in your wallet, you have to transfer it to an exchange where the token is listed. From there, you can trade your tokens to your desire currency, BTC/ETH/USDT. Then after trading, you can transfer it back to your wallet.
You should note that the project will end and follow them on the telegram, after which the project will be listed in exchange. there you will exchange tokens with coins, you can also decide to sell to bitcoin as well
Bounty token are usually paid by the token Wallet which they are based on, most of this uses ethereum blockchain (Er20 wallet), some base their own on Waves wallet, while some are Interstellar wallet. So it's depends on the blockchain they choose.
While you can always trade your coin on Binance exchange.
While you can always trade your coin on Binance exchange.
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?
each has different payment terms, you just follow the instructions of bounty manager only. for example, if you requested a wallet address, you just create the same wallet address. if you are requested to register as a member of the project, then payment will be sent to your account. 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?
Well, Eyes here I think I could help you.
Now there are different wallets that some campaigns that sometimes you are required to use (Download it) it to get your payment But mostly the campaigns I joined are paying you through you ERC-20 wallet the common one I used is Myetherwallet that is not an exchange wallet so you need to use an exchange to generate it and exchange it.
1.Guarda.co
2.Eidoo.io
3.Ledger Nano S [Hardware Wallet]
4.Nano-S?
5.Infinito Wallet(can be downloaded on your cellphone)
6.MetaMask
7.Parity
8.Mist(Used by desktop user)
Here are the wallets I researched that can Handle ERC-20 Tokens some are hardware and exchange wallet. So yeah Iam not endorsing this 7 wallets this is just what I research before and hoping that it could help you all.
You can find more information about them in the internet just go search.
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?
Depending on what platform is being used by those projects but mostly we do see Etherium based tokens flooding out the entire market and in this case commonly used wallet to receive those tokens is Myetherwallet and other eth based wallets that can store up eth itself and same platform tokens. There are other platforms but its not really rampant or many just like erc20.Tokens being paid up on your addresses that you provided since you had applied on that certain bounty camp.
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?
token is paid base on erc20 wallet and other wallet like stellar
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 what you need now is ethereum wallet to get paid on the bounty program you are participating, you have to note if the project support erc20 wallet before submitting to them.
I think you should ask the bounty manager what kind of token this is, so you need to use your own wallet to accept the token.
Most of the tokens belong to the ERC20 token, so you only need to use the ETH address.
Most of the tokens belong to the ERC20 token, so you only need to use the ETH address.
Mostly, the eth address is enough because most campaigns are based on erc20 token. However, in some campaigns it happens that you need to install a special wallet required by the developers of the ICO, which receives reward.
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 understand the types of project you are doing to know if is ethereum based wallet or not, try to understand if they are paying in bitcoin or in there token, the also try make sure that if the project is ethereum blockchain or not.
now you have to note wen will the project end and follow them on telegram, after that the project will be listed on exchange. it's there you will trade the token to coin you can also decide to sell to bitcoin as well too.
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?
Generally speaking. In each campaign, you need to give a wallet number when you sign up. Some campaigns have requirements for the type of the wallet. And when you get the tokens, you have to see where they are listed and where you can sell them (on which exchange).
I think you should ask the bounty manager what kind of token this is, so you need to use your own wallet to accept the token.
Most of the tokens belong to the ERC20 token, so you only need to use the ETH address.
Most of the tokens belong to the ERC20 token, so you only need to use the ETH address.
yes you need wallet to which your reward will be sent. without wallet such mew (myetherwallet) is the most commonly used in the bounty campaign. but it is prone to hack. SO i suggest to install metamask in your browser.
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 you need a wallet most of them require's MEW or MyEtherWallet but some of the campaign's has their own wallet you need to be careful on filling up their forms wait to be accepted before doing anything you also need to be careful on their rules or you will not get paid.In trading token you need to wait for the campaign to be listed on any exchange. There are different methods, Telegram can help you a lot.
Usually bounty rewards are paid using the tokens of the ICO. It is paid to the bounty hunters and send it to their ethereum wallet after the ICO. Most of the time the tokens from an ICO are based on ethereum blockchain thas why you need to have a wallet that is compatible to the token (erc20 compatible). When the tokens are listed in exchanges, you can now buy and sell those tokens.
Jump to: