Topic: Paying Bounty With TOKEN or ETH which will be better? (Read 2521 times)
But I think you have omitted the core reason why project dumped in few hours after listing. I don't think the small percentage of Bounty token can dumped an entire project, to me the real dumpers are those who got huge discounts during private sale and presale.
I myself would prefer with the ethereum. because altcoin is clearer and more reliable. After getting the ethereum, if indeed want a collection of tokens, you can edit your. Anyway the future ethereum also more clearly.
I prefer to be paid bounty with tokens, indeed if we are paid using ethereum it will benefit us more because ethereum altcoins are large where they have large volumes different from tokens. But we also have to think about their project, regarding the dump by the bounty is not entirely correct, the bounty only gets a small allocation and the dev decision for the market token is very influential compared to the bounty dump or whatever. Paid to use the token as we also support their project so it doesn't hurt us, not only the benefits we have to think about but also the market token in the future.
I does not have a vast knowledge on this i will do a breakdown if hunters are paid by ETH is definitely a good choice since the value of eth is already there and the hunter does not need to be afraid of no value in the coins they are receiving and etc but which also means this is not really like an investment as previously in the bull market we can see that good altcoins can make a fold on more than 10x but with ethereum the chances of 10x is very low and this might decrease the interest of the crypto users that like to invest in ICO to make some money.
You're idea are good but much more better if they choose to not using much more participants in their bounty if they wanted it not to dump because a lot of dumpers now are bounty participants and some of ico bounty projects blame the market prices and investors why their token are low price than ico price.
That`s great if bounty and airdrop program pay their participants of ethereum because eth is one of the popular coins in the altcoin world so, they can trade eth to real money if they want, no need to wait exchange listing because eth is already in the exchange.
Bounty campaign can decide to pay with any form o cryptocurrency. I think the real issue here is the quality of project that is using the bounty hunter's effort for advertisement and awareness. If he project attract good funding, payment won:t be an issue!
Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.
I did some knowledge storm and I arrived at this;
1. Bounty hunters always want to dump and get out as soon as possible
2. The market in general might be far lower than the way it was during the ICO period
3. People sense something Fishy in the project and the want go out.
But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.
Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.
SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more
Anyone who knows a better way can tell us here!
I did some knowledge storm and I arrived at this;
1. Bounty hunters always want to dump and get out as soon as possible
2. The market in general might be far lower than the way it was during the ICO period
3. People sense something Fishy in the project and the want go out.
But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.
Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.
SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more
Anyone who knows a better way can tell us here!
At this time, I believe most people want to be paid by ETH or BTC, so I see many scam projects schemes using ETH or BTC pay methods to entice people to join their project.
If the project is good and successful, I think receiving tokens is better, just to enjoy their holdings. But paying eth is good too, because we know that we use ethereum for so many exchanger.
Definitely, Ethereum is a better option for payment than Tokens, and I know that a lot of us bounty hunters would support these notion. There are a thousand and one reasons why Ethereum is a better option. For one, Ethereum is way worth more than these tokens in the market, and it is less risky to hold than tokens.
Im not in favor of bounty paid by ethereum. Because for me its fulfilling to have more tokens to received from bounty campaigns.
In this year we have seen that a lot of ICOs are falled under the ICO price. Ethereum is also falled, but in comparison with the ICOs is Ethereum stronger.
Some time paying bounty better using ethereum than have using coin of ico bounty campaign, when coin of ico are listing at the market price is too low and getting ethereum payment is better. But some time we found higher price after getting market and it better using coin as payment than ethereum.
Maybe I prefer to be paid with Ethereum, besides because Ethereum's price is better, this can also prevent the dumps that usually occur after the distribution is done, let alone Ethereum in my opinion is one of the future investment instruments that might be very profitable
Every bounty hunter I know of will most likely jump at the offer of being paid in ETH rather than in tokens. Reason being that a lot of them think that it is a better option because some of these tokens turn out to be really shitty, and sometimes, they need their money urgently, but they cannot convert to USD if the token is not yet listed on an exchange.
Im not in favor of bounty paid by ethereum. Because for me its fulfilling to have more tokens to received from bounty campaigns.
SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more
Anyone who knows a better way can tell us here!
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more
Anyone who knows a better way can tell us here!
I agree with these 2 points, i think pay bounty with ETH is a good solution but the problem is when a project/ICO failed or not reach softcap, how is the project will pay the bounty participants? I'm sure many bounty hunters will complaint and make a scam accusation thread about it. Also, the project owner using their token to pay bounty participants because of they don't want use their money to buy eth to pay the bounty hunters.
I think that being paid in ETH rather than in tokens are a better option, but I doubt the possibility of this happening. A lot of bounty hunters are advocating for payment in ETH because they believe that it is a more reliable payment option, but this cannot be made possible cos it will defeat the course of bounty campaigns as the primary reason is to promote these tokens.
You forgot also to mention the big investors that are playing with the prices of the exchange. In comparing the token allocation of the bounty/airdrop, compared to the big bonuses of the big investors, clearly the big investors dominates. This players tend to dump the tokens fast.
Paying the bounty with etherum or token will be an interesting discussion. I believe most would prefer if they were paid with ethereum. Because it is paid with ethereum, it will be more profitable for the bounty. But some may prefer to be paid using tokens.
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