Topic: 💣💣💣 [TOKPIE] Makes your Dream Real 💣💣💣[Bounty Stakes Trading]💣💣💣 - page 29. (Read 26825 times)

TOKPIE UPDATE 1.9.2 released!

Know what was updates: https://tokpie.io/blog/tokpie-beta-1-9-2/

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This additional solution for hunters - Bounty Stakes Trading 2.0 will be active in June 2019. This is not just brainstorming. Instead, this is the concept introduction. So that people could ask questions, share their concerns, and make any recommendations which can be used during the active development phase.

That bounty 2.0 things look like great.

When do you planning to make it active? Or is it just a brainstorming right now?

1. As it stated in the Bounty Stakes Trading 2.0 description, minimal coordination with listed projects will take place. Besides that, the tokpie team will be watching for all listed projects to catch any updates and changes. 

2. As stated in clause 8. "The best BID price from related order book will be used for calculating the required amount of TKP in collateral".
For example, if the best price level of order to buy (best BID) = 10 TKP then the required collateral for 1 stake depositing will be 150 TKP (15x for trial status users) or 100 TKP (10x for enterprise status users)

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1. How will you know about unlock date to correctly determine, when when the  24hour starting  point began?

2. At what rate will TKP be calculated when collateral is deposited and withdrawn?

Only a user who had initially deposited 'collateralized' stakes has an obligation to put altcoins of a related bounty project.
Note that this user may also buy back stakes of the same project at any time in order to settle his initial obligation. It will help him to avoid loss of collateral in case of inability to put altcoins in time (for example if a hunter was banned or got red trust or whatever).


Regarding the risks you're right, but stakes buyer covers his risks by buying stakes for a hughly discounted price. This is an ideal evaluation of any project that appears in the market. So, besides the main purpose of Bounty stakes Trading, the stakes prices fluctuations will be the best ICO/STO tracking tool ever existed. It will show how the market evaluates a project at any point of time.

If the buyer decides to sell the previously purchased steaks, then who will have the obligation to put coins?

Not agree about risk. Bayer loses the real money, hunter loses a time.  It is not the same risks.

If a coin (altcoin) of a bounty project is locked for hunters due to project bounty conditions then the related stakes will be available for trading on Tokpie until unlock date. So no obligation to deliver coin (altcoin) will arise on the date of distribution.  
The logic: by purchasing bounty stakes, the buyers take the same rights (and risks) as if they were bounty hunters. Simply saying stakes buyers pay for not doing bounty work but take the same rights & risks as all other hunters.

Hi, all!

There are several questions:
Clause 10 says, that hunter should transfer the coins within 24 hours after their distribution, but if the coins received by the hunter are not yet transportable?

We add all bounties on the menu - only this way could allow to make depositing as fast as possible and avoid double checking work. At the same time, any user could offer any project or bounty to be listed and we will review it.

Yes, we think about subs, let's wait for several days when devs finish the current update (subs and searching tool appear). So we could test how it could be applied for  'Bounty Stakes Trading 2.0' too.

I think there should be subs instead of the way it is now.

First menu contains the bounties. Like, terragreen, povcoin, betform and etc.

And when you entered it, there can be campaigns. Otherwise, it is becoming very crowded. Even i am having a hard time now to find pair i am looking for.

By the way, will you add all the bounties on menu or people who want to buy or sell would open it?

Several technics will be used to get final bounty results for such hidden bounty campaign (which are rare):
- as you can see in clause 15, a "minimal coordination" with listed projects will be taking place. The core motivation to collaborate for projects is decreasing the price dump when exchange.  
- some Tokpie team members can participate in such bounties to investigate (double check) a real stake-to-token conversion rate. We expect a very low percentage of such "hidden" bounty campaigns, so such surveillance will not be difficult.


By the way..what do you think will be a good title template for stakes listed under 'Bounty Stakes Trading 2.0'?
For example, for 'original bounty stakes trading' stakes titles we use this template:
[Project's token symbol]_[Stake]_[bounty campaign category]

Some ideas we have:
a) [Project's token symbol]_[Stake]_[Collateralized]_[bounty campaign category]
a) [Project's token symbol]_[Stake]_[Collat]_[bounty campaign category]
a) [Project's token symbol]_[Stake]_[CBO]_[bounty campaign category] where CBO means Collateralized Bounty Obligation



Please choose a one that you like or offer your preferable template for 'Bounty Stakes Trading 2.0'

Support your concern about currently low number of hunters. I am as bounty manager see how its difficult to attract even 1000 participants nowadays.
But this situation may change quickly after overall market recover, because newbies will come and most of them start their crypto journey from bounty practicing.



At the same time Bounty Stakes Trading 2.0 is great new invention from Tokpie. As I understood from the article, this solution will be working in parallel with original bounty stakes trading (correct me if I am wrong).
If that's true than hunter could choose which solution to use or even use both of them depending on situation.
Also, 2.0 will definitely increase instant cash income received by hunters because they could trade many bounties simultaneously. Hunters specialised in social media, medium and LinkedIn are running many bounties simultaneously.  

Some thoughts and suggestions:
1. Only experienced hunters could be able benefit from bounty stakes trading 2.0 because they
a) understood its advantages and b) will be able to provide collateral
2.  Tokpie should continue selecting highly reliable projects for original bounty stakes trading "say category A projects". And select almost all bounties (except obvious scams) for bounty stakes trading 2.0 to allow market to reveal best projects in both categories A and B

1. If a bounty got to fail seems very logical, really loved it.

2. If bounty got to success, but hunter did not supply related altcoins (for any reason) seems also nice but with some questions. First of all, some bounties just doens't shot the final results. They put some stakes but at the end, they just lock their spreadsheet and newer opens them. How will you watch this kind of bounties? Besides that, it also seems very great.

Overall, i can't wait to use 2.0

This is a shift to another dimension... it is by far much better. The fact that hunters could even deposit bounty stakes which have not been earned yet, allow much more market creation. My worst worry was the low amount of bounties, and now this seems to have changes dramatically.. this WILL be really be a turning point for tokpie!
congratulations team

1. If a bounty got to fail.
Consequences:

For Stakes Buyers
Stakes buyer doesn't get a refund. This is the same scheme as it works now: if all hunters get nothing from failed project then stakes buyer get nothing too.
The logic: when you buy smth you must check what you are buying. Otherwise stakes buyers will not be motivated to make wise decisions regarding listed stakes.

For Hunters
 Users who made initial stakes deposits will get back their TKP in collateral LESS TKP received from selling related stakes (before bounty got to fail).
For example, 1500 TKP used for collateral, hunter deposits and sells stakes for 100 TKP. Then e.g. in two-month bounty got to fail and hunter receive back 1500-100 = 1400 TKP. The result he gets back full collateral 100+1400 = 1500 TKP.
The logic: imagine that hunter did not use 'bounty stakes trading' and worked in an old way, then he got nothing for the bounty work made. So hunter shall not suffer any additional loss from engaging in 'bounty stakes trading 2.0' to make it attractive for hunters. This is why

2. If bounty got to success, but hunter did not supply related altcoins (for any reason).
Consequences:

For Stakes Buyers
No any consequences, because Tokpie will supply related altcoins to stakes buyers.
How? Tokpie will have 48 hours to buy the required amount of altcoins in the free market and deliver them to stakes buyers. See clause 11 in the article: https://tokpie.io/blog/bounty-stakes-trading-2-0-introduction/

For Hunters
Such bad hunter will lose collateral in full and will be added into the blacklist (could not work with Tokpie anymore).

I already loving tokpie and it seems 2.0 would make things even better.

My worry was that we are in a seller's market. And how the system can look good for buyers. Collateral seems to fix the problem. If the seller doesn't pay or he doesn't really have that stakes, that would bring 15x for a buyer. I would buy with these conditions. Also 10x for enterprise members are a nice idea too. They already have 50k tokens on stake.

Still, some area seems grey.

What will happen to 15x collateral if the seller doesn't deliver tokens? Will it giving to the buyer as compensation?

If a bounty got fail, it says seller won't get the money of sold stake but it seems buyer doesn't get a refund so will tokpie take the amount?