Bitcoin Forum

Bitcoin => Project Development => Topic started by: USBitcoinServices.Com on May 14, 2017, 12:21:14 AM



Title: Bounty rewards calculation
Post by: USBitcoinServices.Com on May 14, 2017, 12:21:14 AM
How would you calculate or decide on which bounty to participate when the coin doesn't have a price yet?

Would you pick the project based on potential or base on a number of stakes they give, but if it is based on that how to compare it?


Title: Re: Bounty rewards calculation
Post by: cloverme on May 14, 2017, 01:29:27 AM
How would you calculate or decide on which bounty to participate when the coin doesn't have a price yet?

Would you pick the project based on potential or base on a number of stakes they give, but if it is based on that how to compare it?

Most people join campaigns that they're interested in and not so much for jackpot payout.  Coins may take 1-2 years to mature to a good market price anyway, so people tend to join something they want to help or be part of a community support effort and still earn a bounty. 

For comparison, A lot of people will pick campaigns that offer a large amount of coins in proportion to a particular bounty. For example, 100,000 coins for a twitter campaign.  Most people know that there will be maybe 100-200 people who join and the majority may not fully commit leaving a large amount in the stake pool to divide up.

When I put together my bounty campaign, I tried to offer stake rewards and coins pools that would be fair, but also reward people as much as possible too.


Title: Re: Bounty rewards calculation
Post by: betlord90 on May 14, 2017, 01:48:07 AM
How would you calculate or decide on which bounty to participate when the coin doesn't have a price yet?

Would you pick the project based on potential or base on a number of stakes they give, but if it is based on that how to compare it?

The better calculation on that is based on stake so that you can calculate it easily without worrying on what would be the price will be the coin have. Since the one you are going to calculate is the number of participants and the allocated bounty amount for the certain bounty task you implement on.

If you can't decide about this situation then i can recommend irfan_pak to handle it for you and im sure he can give advises on how thing can work without getting you an headache.


Title: Re: Bounty rewards calculation
Post by: mobnepal on May 14, 2017, 07:29:47 AM
As these days most of the ICO are just ethereum based token than a real crypto so it is easy to calculate how much you will get by participating in bounty with the help of stakes and total amount they will distribute in bounty. Most of this tokens set price before ICO in terms of ETH so you can easily estimate approximately how much you will get after end of ICO.