Topic: Stable coins for bounty hunters - page 16. (Read 32395 times)
If I want to earn my bounty in stable coin like USDT then have to accept the pay will be very low. I think as a bounty hunter, everyone can I agree that payment in bounty project crypto is the most realistic for both bounty hunters and the project team.
I know this have been discussed several times on this forum but yet I will like to drop this again, I'm sure few new developers are among us here, so here we go
It will be a whole new story if new projects can start paying bounty hunters in USD or stablecoin, this have few advantages over paying with your own tokens, if new projects find it as a most for people to try out their new Blockchain they should use airdrops instead, airdrops has the lowest rewards, hardly to get 2$ in airdrops today
As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
It will be a whole new story if new projects can start paying bounty hunters in USD or stablecoin, this have few advantages over paying with your own tokens, if new projects find it as a most for people to try out their new Blockchain they should use airdrops instead, airdrops has the lowest rewards, hardly to get 2$ in airdrops today
As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
You are very right. The goal that you want to convey is that every time the price of a token drops, it no longer blames bounty hunters. So pay them with stable coins, or other coins.
But they also don't want to do this, because they know that the price of the token drops is not just a prize hunter's job. However, there are people who overtake large numbers of tokens among prize hunters.
Who are they?
Let the heart answer.
I think blaming the bounty hunter is just to distract investors, believe it or not, the fact is it happened.
Look at the board service, all those who manage the project dare to pay using BTC. This means that their project is clear, not afraid to spend a little BTC.
Just have it in mind that your reward will be extremely lower than getting paid in tokens because USDT bounty allocation will be very low and once over hundreds of bounty hunters join such bounty then be expecting penny for weeks of promoting a project
no matter if bounty allocation lower that our expectation. but if paid using usdt its value could stable and we could predicting how much money we will accept in end of campaign. meanwhile using token , usually it will decrease when listing in market, as many people said we just rich in spreadsheet but in fact its value very low.
Just have it in mind that your reward will be extremely lower than getting paid in tokens because USDT bounty allocation will be very low and once over hundreds of bounty hunters join such bounty then be expecting penny for weeks of promoting a project
Bounties that still pays in other coins like eth BTC, usdt, etc still exist till this day, you just have to find them yourself by doing research, Ludena protocol pays in ETH, injective protocol pays in ETH, IOI bounty pays in Tron etc
It is more comfortable to join in a bounty campaign that oays already listed or stable coins such as USDT. But we cannot nlame some other bounty projects that has their own coin and trying to promote it and give as their rewards for the bounty campaign.
I didn't understand you Bro. Do you suggest or advise? In any case, we have what we have - the bounty will be paid only as it is convenient for the creators of the project.
He was giving a suggestion if the hunters could be paid use the stable coin like USDT or something else. Sometimes there were some project that have paid the hunters use stable coin too. This is not something wrong to be discussed but it's better for him to talk with the campaign creator directly.
I don't think it's right to pay with a Stable Coin that already exists. Because one of the goals of the developer holding a Bounty is to introduce and build a community for their tokens / coins. But many have made Bounty Hunter the culprit of the fall in the value of coins / tokens even though the bounty hunter only has a maximum of 2% of the total coins / tokens.
Everything will be fine if they have liquidity and are listed at major exchanges. But if they are listed on small exchanges and have no liquidity, I believe the price will collapse many times even if the budget of bounty is very small.Yes, that's right, I agree with what you said, even though we know at the beginning of choosing a small exchange for sure because they want to pursue trading volume by setting aside its value, but always the culprit of falling prices is the bounty hunters
I am not the one who blamed the bounty hunters, I just wanted to make sure the bounty hunters did not cause the price of coins / tokens to fall, because the total max gained for all bounty hunters was only 2%.
I didn't understand you Bro. Do you suggest or advise? In any case, we have what we have - the bounty will be paid only as it is convenient for the creators of the project.
Getting paid in stablecoin is good but not entirely good for many start up projects that haven't raised a penny yet, do not expect all projects to pay up in stable coins, it's more easier for them to settle bounty hunters in their tokens or coins
if a project has raised a lot of money during the public sales phase, then they can pay in stablecoin. If they keep the price of their coin on the high level, they will earn more than they spend on the bounty
It would be great if such a rule that bounty hunters will be paid through stablecoin.Recently there are countless of project are running bounty for recognition and most of them are scam.They will not pay you if they pay you it will be worthless.If there is a rule to pay through stablecoin then there will be legit projects bounty amd scam project will be afraid to pay a huge amount to bounty hunters.Its very difficult to detect scam project and some scam project looks very real.And some project even if they are real they don't have a limit and many participants join their bounty and we get nothing.If stablecoin is used to pay hunters and if there is participants limit then it will be very profitable for bounty hunters.
Getting paid in stablecoin is good but not entirely good for many start up projects that haven't raised a penny yet, do not expect all projects to pay up in stable coins, it's more easier for them to settle bounty hunters in their tokens or coins
I don't think it will work the way you was mentioned. Most of projects helding their bounty campaign before their own token are listed on exchange, which is they don't even have any income yet to pay bounty participant, they won't willing to pay with money from their own pocket. And the story will be different if the token's project are already listed on exchange.
I don't accept getting paid in USDT because tokens and coins can have better value, we have different reasons why we promote bounty projects, very few bounty hunters hold their tokens, most times I prefer holding my tokens than selling
do you really make any value of holding tokens in the recent time? If tokens were more valuable that dollars then bounty hunters won't blame every projects for their useless shit coins.Honeslty USDT is not a good idea but atleast hunters can convert into any cryptos if they wish which is better than waiting for the tokens to get distributed and listed on exchange which has real trading volume.Bounty managers and team are not comfortable to distribute real money among bounty participants. Because 10 000USD in real money is a big amount of money right? But when you distribute tokens with a possible future value, you don´t care about it because you can "print" as much as you want.
You are right, this is a good reason why most developers deliberately use their tokens as payment...there are many instances where developers don't have real marketing funds, for example, for $ 10 thousand, they deliberately use their tokens in hopes when their token sales touch the hardcap and when their tokens already have a value in accordance with their target, then they can pay the hunter.
Well it depends on the project , due to the recent actions of developers to bounty hunters. all things being equal , i would prefer project token but because the value has the tendency of increasing . But with the recent happenings where team use hunters to shill their token sales and the raise a huge some of money but make sure they dump the price before distributing tokens to bounty hunters, for this reason i will prefer payment in stable coins.
I don't accept getting paid in USDT because tokens and coins can have better value, we have different reasons why we promote bounty projects, very few bounty hunters hold their tokens, most times I prefer holding my tokens than selling
do you really make any value of holding tokens in the recent time? If tokens were more valuable that dollars then bounty hunters won't blame every projects for their useless shit coins.Honeslty USDT is not a good idea but atleast hunters can convert into any cryptos if they wish which is better than waiting for the tokens to get distributed and listed on exchange which has real trading volume.I don't accept getting paid in USDT because tokens and coins can have better value, we have different reasons why we promote bounty projects, very few bounty hunters hold their tokens, most times I prefer holding my tokens than selling
do you really make any value of holding tokens in the recent time? If tokens were more valuable that dollars then bounty hunters won't blame every projects for their useless shit coins.Honeslty USDT is not a good idea but atleast hunters can convert into any cryptos if they wish which is better than waiting for the tokens to get distributed and listed on exchange which has real trading volume.
I don't accept getting paid in USDT because tokens and coins can have better value, we have different reasons why we promote bounty projects, very few bounty hunters hold their tokens, most times I prefer holding my tokens than selling
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Bounty managers and team are not comfortable to distribute real money among bounty participants. Because 10 000USD in real money is a big amount of money right? But when you distribute tokens with a possible future value, you don´t care about it because you can "print" as much as you want.
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