[HELP]Tokens and stakes

[Heyyyrenz]

Please removed this thread if i'm not in the right place to ask about this question. Thank you!

So i'm new in altcoins, i'm just going to ask about in the alt coin market most of the bounties they're giving stakes and tokens. I don't know what's that? Are you going to make wallet in order to received it? And how am i going to convert it to btc. Thank you in advance for answering this question.

[bouren]

1. Stakes mean share in total pool. Suppose ICO decided to give out 100k coins and 10 participants joined and you are getting 5 stakes per tweet. Now when the ICO end, you will get - (You Stakes / Total Stakes as earned by all members) * 100k
Read here for complete info about stakes-  https://bitcointalk.org/index.php?topic=1715881.0

2. Most probably you need to make wallet in order to receive tokens. Well you can also receive coins on exchange wallet if coin get listed.

3. Tokens are converted to BTC via exchanges. It is possible only when coin get listed on exchange. To know whether particular coin listed at exchange, either read ANN of coin daily or track coin on coinmarketcap.com

[@prashant]

1)Majority of project use ethereum and wave blockchain to make their tradable tokens.as smart contract is more favourable so eth is preferred the most to make their token.you just need to create a wallet in eth or waves.
Eth- myetherwallet.com or mist wallet
Wave- waveswallet.io or pc wallet
2)when project team do promotion they give specific amount of total coin to bounty.lets take 1%. out of 1% ,it is further divided to different criteria of bounty such as social media, signature,blog,etc.lets take 30% of 1% is given for signature campaign.and you participate in it.for every week you are given stakes on basis of rank you have.
The amount of bounty token you will receive after ico is completed
=(Your stakes/total stakes)*30% of (1% bounty tokens)