Bitcoin Forum
June 23, 2024, 03:43:11 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What's a good bounty allocation?  (Read 603 times)
payfrit (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile WWW
November 19, 2017, 12:30:40 AM
 #1

We're in the process of considering the payments to individuals and organizations that create interest and potentially source pre-sale coin purchasers.

I'm not a fan of allocating a percentage of the full ICO to just bounty hunters.  What's a better way to reward?

-John
OriginTrain
Full Member
***
Offline Offline

Activity: 406
Merit: 174


View Profile
November 19, 2017, 05:00:00 AM
 #2

Normally 2-3% of ICO tokens is acceptable, however if you don't want to issue the tokens to risk inflating the exchanges with sell-offs from bounty hunters, then it might be a better idea to instead reward the bounties in BTC/ETH with 2-3% of raised funds.
Kyphon
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile
November 19, 2017, 05:04:31 AM
 #3

Depends on what all you are asking, small projects 2-3% is ok. large projects can go as high as 30%
inforocker
Newbie
*
Offline Offline

Activity: 162
Merit: 0


View Profile WWW
November 19, 2017, 09:14:04 AM
 #4

Kyphon, you probably meant bonus, not a bounty. Bounty is not acceptable at that hights. 2-3% is ok normally. But you always have the possibility of sell-off  from bounty hunters as OriginTrail stated.
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 3010
Merit: 600


View Profile
November 19, 2017, 11:39:11 PM
 #5

large projects can go as high as 30%
You'll kill your project through paying this big sum of allocation to those people who are involved to your project. 30% is going to be in hand of people to hold. I agree with the allocation that was mentioned before around 2%-3% is good already. But you can also try 1% and use this
BTC/ETH
militarymonster1027
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
November 20, 2017, 05:57:24 AM
 #6

It does seem that in fact, it really would depend on the type of project and its goals.
lutfi-hasan
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
November 22, 2017, 12:56:09 PM
 #7

We're in the process of considering the payments to individuals and organizations that create interest and potentially source pre-sale coin purchasers.

I'm not a fan of allocating a percentage of the full ICO to just bounty hunters.  What's a better way to reward?

-John
wherever your location can still transact with a very strong network.
UniBanker
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
November 22, 2017, 02:17:28 PM
 #8

I would tend toward the lower side
pageraji
Full Member
***
Offline Offline

Activity: 966
Merit: 100



View Profile
November 24, 2017, 01:53:14 AM
 #9

i think it will be better when your payment for bounty not just in token or coin but also pay them with eth or btc, like campaign for signature, i think  its gain more member
nodav
Full Member
***
Offline Offline

Activity: 216
Merit: 100

Early Bitcoin investor.


View Profile
November 24, 2017, 07:06:51 AM
 #10

i think it will be better when your payment for bounty not just in token or coin but also pay them with eth or btc, like campaign for signature, i think  its gain more member

In this case, there will be more people willing to participate in the bounty, but I think it will not be profitable for you. Usually 2-3% of tokens. This is normal for participation

Alexbit2017
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
November 24, 2017, 08:18:08 AM
 #11

3-30% depending on many factors
cryptoimal86
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
November 24, 2017, 11:14:21 AM
 #12

Its up to u. Varies projects using the different percentage to bounty programs. Actually its depend on marketing campaign and coin pumping mechanism of the project. Some project using the airdrops as their curculating mechanism. At that point there reserved 60% 70% percentage for free giveaways. For ex: ELTCOIN
Parodium
Sr. Member
****
Offline Offline

Activity: 1036
Merit: 332


DMs have been disabled. I am busy.


View Profile
November 24, 2017, 07:49:36 PM
 #13

It really depends on your budget and how much value your ICO has. It may be a good idea to simply have a range of options available, e.g. BTC payment, tokens or improved returns if they invest in your organization.
CaptainPhilips
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
November 25, 2017, 02:28:44 AM
 #14

2-3% is ok for bounty reward
Blake_Last
Sr. Member
****
Offline Offline

Activity: 518
Merit: 278



View Profile
November 25, 2017, 03:43:37 AM
 #15

We're in the process of considering the payments to individuals and organizations that create interest and potentially source pre-sale coin purchasers.

I'm not a fan of allocating a percentage of the full ICO to just bounty hunters.  What's a better way to reward?

-John

That depends on the max supply of your tokens. If you have a maximum supply of 400 million, for example, then you can use 1-2% of tokens and distribute it as a reward to bounty participants while on the other hand, for those early adopters or those known as private investors, you can set aside 20% of the tokens for them. The remaining tokens will then be shared with the team and public investors and some of it will be burned and destroyed.

J.westwood
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
November 25, 2017, 07:42:43 AM
 #16

I think 3-4 % tokens should be a reserve for Bounty allocations.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!