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Topic: Won't it be possible to be paid for bounty in cash instead of token - page 4. (Read 2318 times)

legendary
Activity: 1890
Merit: 1003
I think this is not probable because most of new ICO don't have any funds allocated so they can't pay in fiat bounty hunters but it's easier for them to pay in their token.
What about possible dump after getting listed on exchanges? ICOs prefer to pay in tokens because they look to their project with eyes of long term investor. Paying fiat is not good idea considering market circumstances.
full member
Activity: 728
Merit: 131
Sometimes i use to ask why is it not possible to be paid bounty money in cash why is it alway's that is only paid in token anybody that can explain more please?

Cash are FIAT and we in cryptocurrency community are pushing the use of crypto than FIAT.
Then the campaign we are pushing is not in the good line if they will pay in cash.
If you will ask or tell BITCOIN or ETHEREUM would be better.
full member
Activity: 602
Merit: 100
I think this is not probable because most of new ICO don't have any funds allocated so they can't pay in fiat bounty hunters but it's easier for them to pay in their token.
member
Activity: 470
Merit: 12
Of course yes, but why would they do so? Firstly, they are not a charity. If you have extra cash for marketing purposes, would you choose bounty hunters as your one and only source of exposure? I doubt that. They would have a chance to develop their product and later add their own crypto for providing any kind of services they find useful. Secondly, when more people own your coin, then more people shill it. Community plays a great role, especially at the start. Would you talk about a project in a same way when their success will not mean a thing as you would have already had your bounty? It is a way of promoting coin too. In addition, most of them are trying to develop the way of freeing yourself from all state-owned currencies if you want to- plus, it is absolutely voluntary. We should be glad that we have a chance to help them while earning tokens (of course, many of them are worth nothing, but some gems will stay here for a while) and being a part of the backbone of this community  Wink.
full member
Activity: 644
Merit: 103
They may be able to, but won't. Why?
One of the essence of bitcoin/ cryptocurrency is promoting digital currency and cashless transaction all in one currency all over the world. The best idea is the ATM and the card,which would be the easiest way of converting your token directly into whichever currency you may desire.
True. This is like hitting two birds in one stone where they use token as payments and it is also community building (bounty hunters are also part of the community). Besides, I'm pretty sure several laws will be included to implement paying in cash.
copper member
Activity: 196
Merit: 1
It would be impossible to pay with cash, but it would be possible to pay with stable crypto currencies or with Ethereum or Bitoin. It would solve a lot of problems and the team members would protect investors from a big dump.
sr. member
Activity: 2030
Merit: 269
Sometimes i use to ask why is it not possible to be paid bounty money in cash why is it alway's that is only paid in token anybody that can explain more please?

There are campaigns that pay bounty hunters with a tradeable token like Bitcoin but they are not ICO's they are mostly gambling and casino's campaign and you can find them in the services section of this forum, 2 to 3 years ago they pay bounty but not now anymore.
copper member
Activity: 994
Merit: 4
I think it is possible, but trust me, most developers wouldn't want to pay in cash because this might mean them taking from the fund they are saving,it could also lead to a loss, but paying from their token, would save cost for them and wouldn't affect their finance.
sr. member
Activity: 1246
Merit: 255
They may be able to, but won't. Why?
One of the essence of bitcoin/ cryptocurrency is promoting digital currency and cashless transaction all in one currency all over the world. The best idea is the ATM and the card,which would be the easiest way of converting your token directly into whichever currency you may desire.
full member
Activity: 546
Merit: 100
ICO companies will be very difficult if they pay prize participants with cash payments. ICO is the distribution of coins so they want to develop coins into high-value coins. And I think because this has become a provision in the digital currency business.
member
Activity: 420
Merit: 14
Cash payment services bounty hunters is impossible though, would be due to the fact that it is technically time consuming, and therefore not feasible in practice. Payment in USDT is also possible, since it can be transferred to our same MyEtherWallet wallets, however, such payment is not beneficial for ICO teams. They seek to distribute their new tokens and collect real money for it, and not vice versa. Teams still sometimes go to payouts in collected coins - Bitcoin, ethereum, but this happens very rarely.
sr. member
Activity: 854
Merit: 251
Sometimes i use to ask why is it not possible to be paid bounty money in cash why is it alway's that is only paid in token anybody that can explain more please?
isn't that what we are doing with bounty is a digital project and of course payment with tokens and digital and that has become a provision in crypto currency
sr. member
Activity: 826
Merit: 250
Sometimes i use to ask why is it not possible to be paid bounty money in cash why is it alway's that is only paid in token anybody that can explain more please?
It is possible, if team has enough fiat money. But, usually startup teams have no money and start collect money only on the seed stage for organization token sale, marketing and advertasing. So, they can pay for bounty only with their tokens.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
What's the use of getting into a 'crypto' bounty campaign if you just want to get paid with cash? join those campaigns that are made through freelancing sites and get paid with cash or dollars through populay payment methods e.g PayPal, Payza,etc.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
It is possible when we everyone stand together and raise our voice against the bounty managers. If we everyone together do not participate in any of the project which give token only then they will force to pay us in cash, I mean with ethereum or bitcoin. It will be a good idea.
member
Activity: 420
Merit: 10
Sometimes i use to ask why is it not possible to be paid bounty money in cash why is it alway's that is only paid in token anybody that can explain more please?

I am sure that now this option is the most convenient and profitable for the successful promotion of the project. Although it is more convenient for me personally to receive remuneration in reliable coins. For example, get Bitcoin or Ethereum. But it is unlikely that the situation in this direction will change in the near future.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
Project dev raise the money from the market through the ICOs. I think project dev paid even in coins to the bounty managers not only the bounty hunters. I don't think they will pay us in cash because making payment in coins does not put any burden on the dev. On the other hand dev does not need to spent huge money to create a smart contract on ERC-20 that's why they paid coins to the bounty promoters.
member
Activity: 392
Merit: 10
These are all greed projects do not want to be diluted with real money, because they give their candy wrappers, if they are lucky, they will be worth something. These are the realities of the modern crypto of the world. I try to immediately sell tokens how much they cost and exchange them for btc.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
for what use cash because they will have difficulty making payment transactions.
and project owners so far I've never seen them pay with cash with Bitcoin there is, that's what I know.
if you want to be paid in cash I think your place is not here.
copper member
Activity: 112
Merit: 0
www.codex.one
Sometimes i use to ask why is it not possible to be paid bounty money in cash why is it alway's that is only paid in token anybody that can explain more please?

I think what we're promoting here is an ICO, a successful replacement of the fiat, and if they pay you in cash, the essence of using cryptocurrency is not effective. And also, it is much more flexible to pay in token rather than fix amount of money.
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