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Author Topic: Bounty hunters should be paid in ETH  (Read 4529 times)
Way2Paradise
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May 03, 2018, 01:03:59 AM
 #181

i do not think the idea is that bad, but i would be in for 25% reward in eth and 75% reward in token.

token offers the opportunity to get more fiat money if the project is successful. with eth you would be on the safe side, you also get something of value.

with a mix of token and eth then you would be on the safe side.
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May 03, 2018, 01:09:01 AM
 #182

Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.


It depends on whether the currency is good, I prefer the currency, if the currency is "idk/decent/bad", I prefer ETH! Why? if the currency is good it is easy to make + 1000% while it is much more difficult now for eth to make + 1000%

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May 03, 2018, 01:46:37 AM
 #183

No, many projects use the token as a bounty to pay them. They rarely give it to the ether. At present, I haven’t seen any project that uses the ether as a bounty, as long as I can pay the token on time. .
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May 03, 2018, 01:57:41 AM
 #184

Yes I think its a good idea. But I think its better if the bounty hunter will be given the option to choose what kind of payment they like, whether its eth or the tokens. Some bounty hunters like tokens as their reward because they think they will gain more from it while others like eth directly because they can exchange it directly with fiat money.
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May 03, 2018, 01:59:41 AM
 #185

I don't think that it's any good in this idea. Sometimes tokens from bounty grow faster than ETH and that's far more profitable.

Sometimes. But there is no guarantee. Nowadays, a lot of the bounty campaigns are not paying their participants (I would say that the proportion is between 30% and 50%). And in most of the remaining cases, the tokens are not traded in any of the exchanges.

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May 03, 2018, 03:12:11 AM
 #186


I think it is not a little rewarding but the number has begun to increase and I think it is better to have a limit on entering the site instead of merit sitemedi

I'm sorry but I didn't get your point. I guess you're talking about this forum, aight? Anyways, it will be easier for us bounty hunters if they'll pay us with eth, because that's a sure profit unlike if it's on their coin, there's a possibility that it will decrease its price.

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May 05, 2018, 01:10:48 PM
 #187

It would be simply wonderful, I would even agree to receive 10-20% less, but with the ability to immediately withdraw money. But I do not think that the organizers will do it.
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May 05, 2018, 01:20:06 PM
 #188

That would be great if it happens. Atleast we are sure that our time and effort will be rewarded.  But the question is if the developer of a certain project will consider that.

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May 05, 2018, 01:35:21 PM
 #189

Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.


Good point.
But for most part of ICOs 1-2% of raised funds is a big sum, and for project it is useless to pay bounty hunters with ETH. Because they can spend these funds for product developent.
In other words, it is better for everyone to pay in tokens, as bunty hunters can get more and projects need less resources for it.

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May 05, 2018, 01:35:21 PM
 #190

it is good to have an eth reward but how would they  used their tokens if they distributed eth? how can their project be successful when no one is holding their tokens. if bounty hunters will receive eth i think they wouldn't buy tokens that  they are promoting. because some of the ICO today's are scam. To have and ethereum reward is a sure profit to a bounty hunters  rather than having tokens, you need to sell it when it will be available in any exchange and for ethereum its already in exchanges.

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May 05, 2018, 02:00:43 PM
 #191

if we get paid using ETH then very wise, my question is who will exchange tokens from the project if we get paid using ETH? paying with ETH will only make the project dead......
that's right, the project will be dead at the very first day of its circulation in the market, bounty hunters are the one who has the big effect on the price of the newly created altcoin in the market.

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May 05, 2018, 02:47:37 PM
 #192

One of the main purpose of bounty campaigns is promotion of the product (coin or token). The hunters help to promote the product using the various social media platforms. The product owner does what will benefit him most having considerd certain factors. Using the token to pay is a way of promoting the coin. It enables the tokens to be distributed to a wide range of the community and thereby encourage its utilization. Thus achieving widespread adoption.  However, those that purchased a sizable quantity of product may like to exchange the tokens for fiat or other currency immediately after ICO leading to  massive  sale which may lead to price drop of the token. The project team may have weighed these options to arrive at a decision. It will benefit the bounty participants to be paid in ETH, but, all depends on the amount, of ETH to be paid to the participants. In all, the product owners have an edge in terms of deciding the method of payment. The target is to achieve a win-win for all participants on the project.However, It will be commendable if the project offers an option for payment.

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May 05, 2018, 02:53:33 PM
 #193

Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.

I think ICO pays bounty participants with their tokens that have a purpose. in order for participants to participate in their token market. so if ICO pays bounty participants with ETH then the participant may not participate in token trade.
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May 05, 2018, 03:06:46 PM
 #194

This would definitely mean less risk for bounty hunters, but I doubt that projects would be prepared to pay in ETH as most of them wouldn't have this kind of capital to spare (creating tokens is basically free, giving out ETH is not).
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May 05, 2018, 03:08:47 PM
 #195

Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.

No, i don't think so.
What's the sense of the bounty? Marketing about this.
I participate in a bounty-campaign only when i'm convince of the project.
Otherwise it is no good marketing.
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May 05, 2018, 03:12:41 PM
 #196

I think i would like to answer that question in two opinion of mine.

1)            On the off chance that nobody will utilize the Crypto-cash, its esteem will be zero, and its fame will be low. The primary motivation behind the abundance is to promote the task. It is essential to pay abundance individuals, their tokens, for work. Members of the abundance will exchange, mining, trade these tokens. This is critical from the perspective of the improvement of the undertaking and the advancement of the venture. The more tokens fall into various hands, the more troublesome it is to control the market.

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2)             I concur halfway however I figure it should going to be paid down the middle in Ethereum or Bitcoin and half of the token. Paying bounties with their tokens decreases the speculators certainty to buy in their ICO. This outcomes to lesser ICO gathered turnout sooner or later. I as of now getting paid not as much as what I have done. There's this one social and article abundance I have participated. I spent a day composing a decent article for them. My article got affirmed and been paid with $10 at a token valuation after their ICO. While I make $30 a day in the event that I do other independent expert work other than composing. There's a colossal come up short on the Issue there. In addition the token been exchanged lower than it's ICO cost. That is lamentable.
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May 05, 2018, 03:15:12 PM
 #197

The team assumes you believe the project's potential if you join the campaign which means you are hoping for the profit when  the development of the project continues and the product continues to attract investors. Think of yourself as part of the team and you as marketing personnel as you have been promoting their project.

The team will still prefer to pay in tokens as well because by that they can use the funds to buy back the cheaper tokens being dumped by the hunters.

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May 05, 2018, 03:18:07 PM
 #198

Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.


LOL this statement is to selfish and not think about the project ICO and teams itself.
If the project is success, the tokens that bounty hunters get will be much more than if the bounty hunters get paid by eth.
But if the project fail ? how the ICO team project pays the bounty hunters ?
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May 05, 2018, 03:18:34 PM
 #199

Last past day i disagre about paying eth instead of token. But now my mind has changed it will be good if they pay bounty in ethereum. Because there are many uco that didnt give there reward just like what i experience on bezop.
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May 05, 2018, 03:19:37 PM
 #200

If this were possible, I would probably be very happy, because the project tokens I participated in will be able to be released only after 6 months, so all my efforts as a whole can be rewarded only after 6 months, it's very long.
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