Bounty program for HongCoin smart contract

[yummyberries]

Everyone, as you may have learnt how Hong Coin, the new replacement of TheDAO, works. We are putting up a new bounty program to ask geeks and hackers to help spot any bugs, design issues with the smart contract and this organization. It's very much a man-machine teaming model, with efficiency, neatness and profitability that DAO can't achieve.

Please move to our repo, to help pinpoint any issues,
https://github.com/hongcoin/DO

Your contribution will be recorded and paid back once ICO started on 8/13/2016, within an issuance of 200M tokens, 3M tokens will be rewarded to community participants, critics, sharing and security experts like you guys.

"Catch me if you can".

[bitwarrior]

Everyone, as you may have learnt how Hong Coin, the new replacement of TheDAO, works. We are putting up a new bounty program to ask geeks and hackers to help spot any bugs, design issues with the smart contract and this organization. It's very much a man-machine teaming model, with efficiency, neatness and profitability that DAO can't achieve.

Please move to our repo, to help pinpoint any issues,
https://github.com/hongcoin/DO

Your contribution will be recorded and paid back once ICO started on 8/13/2016, within an issuance of 200M tokens, 3M tokens will be rewarded to community participants, critics, sharing and security experts like you guys.

"Catch me if you can".

Will be watching this one.

[Hazir]

My main issue is: as far as I understand you will pay for your bug hunting project with HongCoin tokens, not with Bitcoin.
So it is not a bitcoin related project at all. And it belong to altcoin forum instead.

[PremiumCodeX]

I appreciate your decision you established a bounty program for HongCoin. In my experience, such programs often are more helpful than just paying to one man or team to do the whole bug hunting. However, I miss some details and I would be glad if you cleared them up for me.

So, will we get paid in BTC or HongCoin?

How much will we get paid and pro what?

What are the exact terms of getting paid?