What are "Stakes" in Bounty Campaigns?

kayvie

sr. member

Activity: 1022

Merit: 257

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

stake is the word that is being used by the manager as the basement of your work. it is used to count your percentage on the bounty allocation for the campaign that you become part with.

DaWidyaa

full member

Activity: 490

Merit: 100

Stake on the signature campaign as a marker that in one week you are working well because it meets the rules on the project and when you do not get the stake means you do not meet the project rules.

DimaS1574

full member

Activity: 448

Merit: 140

Stakes are a means of measurement. for example Company is releasing token and there are 100 people in their bounty campaign, they have allocated 1million tokens for this.
lets say person 1 has 2000 stakes, person 2 has 1000 stakes and the rest of the people combined have 3000 stakes.
Then the total would be 6000 stakes.
1 million/6000
1 stakes = 167 tokens

Osakrita

newbie

Activity: 196

Merit: 0

stakes in bounties are the portion of your share relative to the entire amount (pool) allocated for the entire campaign, for example, a bounty may state that each share on fb is 2 stakes, and you made 5 shares in a week,that means you have 10 stakes.If the entire pool is 1000 .it means you will be entitle to 0.1 percent of the total tokens shared.

maiduytrinh

newbie

Activity: 48

Merit: 0

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

Stake is a temporary unit of the Bounty campaign. It is not a token, it is used to prevent the participants from exceeding the limit tokens for the bounty. The ratio of a token to a token is always less than or equal to 1. You can simply understand that it is an intermediate token to change to a token. It's to create fairness for the campaign participants

brenzosa

jr. member

Activity: 162

Merit: 1

GPTCash Weekly Airdrop: https://discord.gg/YHngU9x

you earn stakes for each task you do during the bounty. others also earn some stakes. when the bounty period is over, total stakes are computed. your stakes represents a part of the total stakes.

for example. you earned 200 stakes and the total stakes is 10000, then you own 200/10000 of the bounty reward for that bounty period. if the bounty reward is 50000 coins, then you will get 50000*(200/10000) = 1000 coins.

Chanock

full member

Activity: 476

Merit: 102

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

Stakes is the basis of your token allotment during bounty campaign. Also, the stake will determine how many token rewards you will receive once the bounty campaign will ends. It is the basis of your percentage of your token rewards based in the total allotment in bounty campaign.

Example of computation of stakes:

Total allotment in the bounty campaign is 100,000 token;

The total Participants in the bounty campaign is 10 Full Member;

Each 10 Full Member got of total stakes of 10;

Computation of total bounty rewards based on the stake

Participant: 10
Stake per Participants: 10
   = 10 x 10
   = 100

Total Stakes : 100

Then;
Total Bounty rewards : 100,000 tokens
Total Stakes : 100

   = 100,000 token
   100 Stakes
   = 1,000 tokens per participants

Meaning Each 10 Full member will recieve 1,000 tokes rewards based on their 10 stakes alloted during bounty campaign.

rockybar

jr. member

Activity: 224

Merit: 6

stake is the percentage of the total token may you receive when the bounty campaign ends. for example you join an signature campaign and your rank is member, signature campaign has an bounty allocation of 20% and will divided to the number of participants and its corresponding rank. because signature campaign stakes are depending on your rank. in the end of the bounty campaign all stakes will be count by the bounty manager to know how much token will you receive for the said bounty.

kier010

full member

Activity: 532

Merit: 100

stakes are like shares to the total reward of coins. its like this total reward of coins divide to the total stake of all participants times to your total stakes. then you will get your total reward.

Dmcuibap

member

Activity: 284

Merit: 10

Stakes is % token will allocation for you base on amount Stakes you have. 100 Stakes user will get reward double than 50 Stakes user. More Stakes more reward. Dont worry about it

mel_smog

newbie

Activity: 67

Merit: 0

Quote from: MoonIsBlue on October 16, 2017, 03:10:44 PM

Quote from: WaqarAhmedPK on October 16, 2017, 03:00:37 PM

Quote from: AdolfinWolf on October 16, 2017, 02:11:00 PM

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

Stakes are some kind of coin, if their project runs POS, instead of calling a coin a "coin", you call them "stakes" see https://en.wikipedia.org/wiki/Proof-of-stake

because they are self-rewarding,

Quote

"a share or interest in a business, situation, or system.
"GM acquired a 50 per cent stake in Saab""

If you own a stake, you own a part of the mining process.

A stake behaves exactly like the way a normal coin would do, but you get interested on it, because of the mining your "stake" does.

Oh, so that is same as in "Proof of Stake". If participants have more stakes, they would definitely be able to do more data mining. But now another follow-up question is, does the specific coin, say WaqarCoin running bounty campaign, provide stake for the mining of WaqarCoin only? Or does it provide those stakes for mining some other cryptocurrency?
Secondly, is the stake usually equal to the amount of coins which can be mined by node?
Thirdly, it seems like that bounty campaigns are not directly rewarding the participants by giving them coins, rather they are providing them stakes which can be used to do more mining and thus earning more. Is that correct?
Lastly, if the above third point is correct, how do ICOs pay for allocating the stakes to the participants? Usually ICOs reserve 2% or something for the bounties, but how do the ICOs pay for the cost of stakes? If they simply pay in their tokens/coins, it would make complete sense to me. But how does that work with stakes?

Stakes are a means of measurement. let's say Company A is releasing token B and there are 8 people in their bounty campaign, they have allocated 1million tokens for this.
lets say person 1 has 1300 stakes, person 2 has 500 stakes and the rest of the people combined have 4000 stakes.

Then the total would be 5800 stakes

(1 million / 5800)*amount of stakes you have. in case of person 2 that will be : 1 million/5800*500 = 82,6k of token B.

A campgain will only reward you with the tokens of the company they promote or they should specify otherwise.

The comment above is talking about POS which is also a system of stake. Stake would be best defined as a share you hold.
example: ''JP Morgan discredits Bitcoin because they have a stake in taking it down.''
''I don't like to see my investments going down cause I have a direct stake in them and would lose money.''
''I have staked my coins and now can't acces the funds but I by having this share I get rewarded with more of the same coins (POS).''

So POS = Proof of Stake and it means that you submit an amount of coins that become inaccesible untill you cancel the staking to receive more of the same coin and also help that same coin being able to run the network of transactions.

Sorry but you should completely ignore the comment of the other person that replied as he isn't accurately explaining it to you and only making you more confused probably.

Thats super helpful! The only real explanation out there- no idea why projects do not explain it properly

Thanks a lot

kuruyama

newbie

Activity: 126

Merit: 0

In the bounty campaign, signature campaigns, stake means you have a part of coins provided by the ICO after the campaign. It means that when you have a stake for example 3 stakes per week, then the campaign is for a month so therefore 3stakes x 4weeks , you get 12 stakes, and it depends on the ICO how much will it be. Depends on the allocation of the ICO and how many you are in the campaign.

Mihan

member

Activity: 308

Merit: 10

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

The stake is a share, at the end of the company they count how many shares you have and you get your percentage of the total pool of subscription bounties

Benarand

full member

Activity: 773

Merit: 100

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

Stake is the proportion of ICO / token coins that headhunters can earn. After the ICO, when generosity is distributed, each bet is converted into a fixed number of coins (for example, 1 bet = 20 coins).

andor.gellenhidi

full member

Activity: 602

Merit: 100

These are ordinary shares, that is, after the bounty of the company, people receive some amount of these shares, for which the reward for participating in the bounty program is then shared. You just need to try to understand.

DanielRR1997

member

Activity: 196

Merit: 14

In the bounty campaign, you can find the tokens allocated for signature/facebook/twiter and etc. Look under the one you are interested in. For example, if you are interested in signature campaign and for example it says 100,000 tokens allocated for signature campaign. The 100,000 tokens will be distributed among the participants in signature campaign

iiottelbm

newbie

Activity: 10

Merit: 0

Quote from: WaqarAhmedPK on February 06, 2018, 10:17:39 AM

Quote from: traged on February 06, 2018, 09:38:36 AM

That makes sense, thanks! So in general - the less people are participating in a bounty, the more coins will everybody get, am I right? Because 1 stake will simply mean more coins at the end...hope I understand it correctly!

Yes, you got it right.

Absolutely right

IgniHash

member

Activity: 224

Merit: 10

One Token to Move Anything Anywhere

Quote from: WaqarAhmedPK on October 16, 2017, 01:48:04 PM

Can you please guide me what is the term "stake"?

Bounty campaigns are using this word/term and reward the bounty participants with stakes.

I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?

Thanks

You have same thought with me. I've been active on this forum since three month a go, and still unclear about what "STAKE" in bounty campaign is. But i just googled it, and found the answer. You can check the details explanation about your question on this topic: https://bitcointalksearch.org/topic/how-stakes-are-calculated-in-ico-bounty-campaigns-2073641

Kuchiyosenojutsu

full member

Activity: 224

Merit: 100

The stake is the income you earn during the campaign. a presentation count to determine your results. for example 1 week for jr.member get 3 stake. it is a calculation you get for 1 week 3 stake. if the campaign lasts for 1 month, so 3 stake x 4week = 12 stake you get. then calculated from the total stake of all participants x total campaign fund allocation. well there you will get a coin

cryptopussies

member

Activity: 196

Merit: 10

HEXCASH - Decentralized Fun

Bounty stakes would be your reward after the campaign is ended mostly bounties ends when ICO has finished.Stakes are your total shares from the bounty campaign which you participated and it can be computed by getting the difference of the total token supply and the allocated token for the campaigns multiplied to your total stakes which means the fewer the bountt participants the bigger number of tokens you will have.

Topic: What are "Stakes" in Bounty Campaigns? (Read 818 times)