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Topic: What if the ICO projects pay the bounty hunters in bitcoin only? - page 5. (Read 2254 times)

full member
Activity: 2086
Merit: 193
This is good of course on the side of bounty hunters but if you’re a project developer its quiet risky for you to do that. Its hard to raise funds right now through ICO so most of the project failed and they just lose the money without even touching cryptomarket. If bitcoin will be use to pay the hunters, I think the volume of fake projects will be lessen, and more hunters will become more happy. But its ok also to receive the token, most especially if its a real good one.
full member
Activity: 1946
Merit: 112
I think this is a very good idea, but it is unlikely to succeed. One of the reasons is the fact that ico administrators will not want to lose the resulting cryptocurrency, it is easier for them to give tokens or coins, as they often have no value. That is, ico collects money, cryptocurrency, and in return it gives - tokens or their own coins, which at the initial stage cost practically nothing. There have been cases when tokens did not want to pay, but these are already those ico that turned out to be scam or fraudsters. In any case, hardly even honest administrators will want to pay, although you are right, payments at BTC or ETH would raise the rating of such ico tons and make them more successful.
jr. member
Activity: 210
Merit: 1
I think that this would be extremely wrong as the project has to pay out exactly his tokens. only those people who are really interested in the project will participate in this way.
member
Activity: 448
Merit: 12
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
It would have been the most effective means of payment, but it do not know why they are not doing that. At least the accusations levied against bounty hunters would have been eradicated and they would have known that bounty participants are not that ones contributing to dump in price. There are even times I wondered why blame hunters for occurrences like this.
jr. member
Activity: 644
Merit: 1
I wouldn't refuse if I were offered this type of payment. Like everything here, I think. But if I had created a project, I would prefer to pay rewards in my tokens, as it's obvious that it's cheap.
full member
Activity: 644
Merit: 102
Most bounty hunters will prefer to be paid in Bitcoin if possible. This will ensure that the bounty hunter does not end up with shit coins when the project  fails.
member
Activity: 336
Merit: 10
I think that is a great idea but most of them can't afford it , because they need to fix some money for that , and if they cant touch their hardcap , it would be hard for them to do that , I'd like that idea though.
member
Activity: 434
Merit: 10
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?

No one will pay Bitcoins and Ethereum to participants of bounty campaigns. Why do this? Most of the bounty hunters agree to work for the food (tokens) of the project. If there are many who want to work for small awards, why pay more?
member
Activity: 336
Merit: 11
I agree 100% with your idea, paying a bounty hunter with BTC or ETH can reduce the risk of token price dropping when enters the market, because most bounty hunters directly sell tokens they get.
usually they allocate 3% -5% of tokens sold but still pay with the token itself not from the proceeds of the sale in the form of BTC and ETH.
member
Activity: 1274
Merit: 12
In my opinion. If an ICO project pays bounty hunters in the form of Bitcoin is a good idea. because we know together that bitcoin is the parent of altcoin and the price is very expensive. only if the ico project does that, I think it is rather difficult, because they will need large capital.
sr. member
Activity: 602
Merit: 251
It would be the best solution for both parties, because bounty hunters would get stable crypto currencies and the projects would avoid the price dump after the first exchange listing. I am not sure what is the reason why they are not still doing this.
newbie
Activity: 81
Merit: 0
It is a good idea but I think it will be costly and risky to project owners. However, it is a generous way. Thanjs for bringing this up.
full member
Activity: 406
Merit: 100
I can ensure that there is no bounty campaign will pay bounty hunters in ETH or BTC, if there is so only few. While they're paying real money to run their ICO to collect ETH, BTC and other cryptocurrencies so I don't think they'll pay bounty in BTC or ETH and their own tokens is the best choice for bounty hunters Smiley
full member
Activity: 560
Merit: 100
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
That would be a great thing. In fact, projects that pay with bitcoin are not much and the bonus is very little compared to the effort that bounty hunters spend. It is also a disadvantage for those involved in bounty campaigns. If they can improve the pay for bounty hunters, I think our market will be better when the bounty hunters work hard again.
sr. member
Activity: 658
Merit: 270
It would be way better for both bounty hunters and for investors.

They are giving out 1m dollars worth of token and they are ending worthing 10k $ worth. If they just give out 50k$ worth of btc/eth bounty hunters would earn something real and investors won't get harm, because of bounty dump.
sr. member
Activity: 1862
Merit: 259
of course if it is applied to all ICOs it will be very good for and bounty hunters will prosper.
but what I questioned, ICO is a company that just started a project that has limited funds, do they have enough BTC or ETH to pay bounty participants?
sr. member
Activity: 1456
Merit: 253
Margin Trader
It would be much better, because now I have altcoins without any value. Do you understand how is it possible? I can't sell tokens and get money for my job.
With bounties paying in BTC situation would be completely different
jr. member
Activity: 406
Merit: 3
I think that this is a good idea, since I have already collected a large number of coins that are not listed on the exchange. From this I see no reason to participate in the bounty.
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?

I'll definitely going to accept whatever campaign that pays Bitcoin, but unfortunately we have none that's paying Bitcoin or any other tradeable coin right now, all bounty hunters are only getting tokens they are promoting, I doubt if we are going to have one now, because it's cost effective for the ICO.
full member
Activity: 714
Merit: 100
I have experienced or participated in a bounty program that pays participants using bitcoin. But not bitcoin, but Ethereum. But it's actually very good if there are projects that do that. In a sense, if the bounty is finished maybe you will immediately get a payment that you can sell directly without having to wait for the market because bitcoin and ethereum are also very many places to sell it.
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