Topic: Stable coins for bounty hunters (Read 32418 times)
Most bounty hunters do not pay for their work and almost all of them are scammed. They pay very little even if they pay and they have no market value that’s why it’s better to participate in other campaigns than to bounty it is very dangerous to keep a stable currency this is why you can earn money by trading in addition to gambling. The risk is much lower and the chances of getting lost are much lower.
Most bounty hunters do not pay for their work and almost all of them are scammed. They pay very little even if they pay and they have no market value that’s why it’s better to participate in other campaigns than to bounty it is very dangerous to keep a stable currency this is why you can earn money by trading in addition to gambling. The risk is much lower and the chances of getting lost are much lower.
apart from that, there is no compulsion for people to enter a bounty, and there is already a risk if the project does not succeed, or becomes a scam. because of that, people always prioritize doing research before working on a bounty.I agree that the bounty must be paid using the stable of coins, but we cannot determine that. however, there are conditions that you need to agree to before entering a bounty, and there is no compulsion in that.
paying bounty hunters with stable coins is a great idea that most crypto project need to adopt and continue to go ahead regardless of the consequence of the gathering pledges or perhaps they are almost certain that their project is a good one and will bring enormous achievement. That is to say, envision investing to a project that even the designer himself not certain how good their projects are. be that as it may, each project have their own thinking and framework so take this with grain of salt.
I disagree with payment using stable coin although worth at the first time when payment receiving but the next time with bounty coin always make us surprise price can pump with crazy, did you see how many bounty coin raise above 500% few weeks after coin distribution, some time more than one or two years coin bounty could touch higher price and I like if payment by using bounty coin than have use stable coin like USDT.
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It's not that surprising actually. Even devs might not think of it for obvious reasons that they want the money to get into their pockets first before anyone else's.It's like you build up your business and you already paid those people that promoted your business before you even get a single buyer to buy your products.
I agree with a payment system for bounty hunters that uses stable coins, but that doesn't mean I refuse to do so. if there are options such as choosing USDT payment or project coins ?,. then I personally prefer to choose project coins, why is that? because we know that a stable coin is almost like a dollar currency. whereas project coins can exceed ICO prices and vice versa. usually luck comes from project coins.
If you get payed in stablecoins it as advantages for the bounty hunters of course because you know that 25 USDC will always be worth 25USDC. When you do a altcoin bounty that claims "2 Million $ worth of tokens for the bounty campaign" then you can almost be sure, that this token will never be worth much because the selling pressure from the bounty hunters is to massive.
On the other hand you have to see the side of the project developers, if they are doing a bounty in stable coins they have to buy those first, if they just reserve a few % of their own token supply for bounties it basically "free" for them.
On the other hand you have to see the side of the project developers, if they are doing a bounty in stable coins they have to buy those first, if they just reserve a few % of their own token supply for bounties it basically "free" for them.
Any bounty hunters still lurking around to make huge money from bounties?
Some still makes money but not huge money like in the past when bounties are still in the stage of popularity. This was bounty + ICO, they go together, the success of the ICO makes bounty hunters successful as well receiving huge rewards.
The era was over already even the projects are not ready to release their useless tokens to the bounty hunters and discussing this again and again is not going to change anything.
That's the sad reality but we need to accept and understand it, otherwise, we might not lose money as a bounty hunter but time is valuable and we will certainly lose time trying to promote projects that are not worthy. 
Any bounty hunters still lurking around to make huge money from bounties?
The era was over already even the projects are not ready to release their useless tokens to the bounty hunters and discussing this again and again is not going to change anything.
The era was over already even the projects are not ready to release their useless tokens to the bounty hunters and discussing this again and again is not going to change anything.
This problem is always discussed and there is no solution because I see from several projects that dare to pay with stable coins or usdt the team only dared to give a small allocation and of course the bounty hunter would not join the bounty, I personally prefer to pay using tokens if we are good at choosing the bounty we will get a lot of profit despite the long duration of work
The big problem for hunters is that they are less likely to learn everything before making any judgment about the campaigns they participate in. Most bounty campaigns are scams and very few projects that pay or pay are also worthless. But there are many projects that are very successful and spend a lot of money on bounty campaigns, so I think the main problem is because hunters are not experienced in this field.
If bounty management will try to pay stable coins as a reward for their bounty campaigns then there is a chance that they will lose big amount of funds once their project development will not be successful. And if they will pay their tokens in bounty then it is better for them to have a buy back so that they can avoid massive dumping of tokens once the bounty rewards was distributed.
I disagree with payment using stable coin because is not worth, now how bounty campaign manager become proffesional with payment on time, look if any one joined with amepay bounty campaign price pump but still not distribution coin yet more than one month, look on another campaign manage by detective team is bullshit because payment always delay.
If bounty management will try to pay stable coins as a reward for their bounty campaigns then there is a chance that they will lose big amount of funds once their project development will not be successful. And if they will pay their tokens in bounty then it is better for them to have a buy back so that they can avoid massive dumping of tokens once the bounty rewards was distributed.
Stablecoin as a means of payment for Bounty Hunters is a good idea but I believe this will only make potential new project targets for bounty hunters and farmers who are not really interested in promoting their project but only making money so they will over-saturate then Bounty space and device cunning means of promoting project in order to make more money than the next person and also cheat the project
Actually, every bounty hunter, in my opinion, would agree to receive a reward in any rated cryptocurrency that is valued in the cryptocurrency market, not just stablecoins. In addition, a very good step for cooperation between the project team and the bounty hunters would be a free deposit agreement in order to maintain equality between both parties to the agreement, since the hunters always do their job, and the teams very often violate the terms by not paying or reducing remuneration. in multiple sizes. In addition, most projects will never have the value of their coins, which was declared from the very beginning, and because of this, Bounty Hunters very often work almost for free.
The topic of using stablecoins to pay bounty hunters has been around for a while and it is very well contested however I believe that it goes both ways sometimes the investors of the project will not want their money to just go straight into the pocket of Bounty Hunters that I may not be well willing or well wishing to the project however the bounty hunters also don't want to get scammed by project will create shit coins and then used bounty hunters efforts to promote them so it depends on what side you're on
It's not possible to pay from Stables. But some times you can find some bounties which pay USDT.I did some of wapinters bounties a couple of months ago. And according to my knowledge, there is one bounty still running which pays Gold stable coin. You can find it in the bounty thread.
Indeed, most of what is happening now is that project owners pay the hunters in USDT instead of tokens from the project. payments with USDT are more profitable than tokens. but what if that project token price has a good price at the end of campaign?
Now in the Bounty projects you can meet only beginners. Experienced users know that you won't earn much on such matters. And due to the fact that newbies are poorly versed in the intricacies of current or irrelevant coins, they slip candy wrappers. If it was possible to earn Ethereum or Bitcoin in the Bounty, everyone would be doing just that now.
it's better to pay with stable coins like USDT or if it's with good coins like BTC or ETH. this will be fair to the hounter bounty. because sometimes if someone is paid in tokens and they are promised to get paid accordingly but in reality the token price is very low and becomes trash. This is not a bounty worker's nightmare. So, paying with stable coins is the best
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