Can anyone explain the mechanism of token conversion intro ETH or any other currency??
am not getting it.
For example I have written blogs for any campaign, after ending of campaign they will send token to my ETH address, and I can use that token as a ETH from my ETH wallet, Am I right ?
How value of token is determined? By token sale (how many token sold during bounty) or any other thing ?? What are those things if it depends on other things.
Token price/value will remain same after ICO end or it varies time to time
Usually bounties that are paying in tokens will requires your MEW - which supports ERC 20 tokens. But you need to setup and add custom token. Then you need to enter the address of the token contract, token symbol, and number of decimal places. It should be provided by the bounties manager in order to received their tokens.
So once you received it, you can deposit the tokens to a exchange that supports it, again, check the thread or ask the bounty manager for specifics.
As for the price, it really depends on how much funds the project has raised. I want you to read this articles to better understand how does ICO works and how token rewards are calculated although this might not be applicable to all ICO's, but its a good read for those who wants to get a glimpse on ICO.
How Does an ICO work