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Author Topic: Bounty hunters should be paid in ETH  (Read 4529 times)
itsik78
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May 05, 2018, 03:20:41 PM
 #201

this is inexpedient and in the first place is not beneficial to the participant of the bounty.At first-To increase your profits you will need to wait for the increase in the rate of ETH.and if you get project tokens that shows growth-your profit will increase.It is more advantageous for a member of the bounty to receive tokens than ETH
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May 05, 2018, 03:21:33 PM
 #202

depending on the ico project if eth is paid to bounty participants and knows that there are so few that bounty eth is the fee for most of those who are altcoin but I'm ok with eth because the price is not falling down especially now high the eth price is not the same as the altcoin when the price is lowered

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May 05, 2018, 03:23:52 PM
 #203

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 can be better to pay with an already exist coins like ethereum or bitcoin and the payment is weekly instead of paying on undefined time as I can read from some threads. Too many ICO changed their rules regarding bounty and the most sad thing is, they ignored the hunters.
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May 05, 2018, 03:34:37 PM
 #204

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.


In my own opinion, I think they cannot do to pay an Ethereum for those bounty participants because mostly they pay tokens to make easily to send and some are not agree to pay an eth. Be grateful and thankful even if it is tokens or eth they pay because some are not paying the participants which is not fair.
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May 05, 2018, 03:38:41 PM
 #205

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.

in my opinion most likely for the investors is very good, because many people think, when bounty participants already paid, then the price is more likely to go down. if paid with eth, in my opinion would not be possible, because the new altcoin ico type, and their purpose can be traded their coins in the market.

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May 05, 2018, 03:41:28 PM
 #206

In my own opinion, I think that bounty hunters have the option to be paid in ETH or either ETH worth of that specific coin. Also, I think it is great to receive the project's token as a sign of support for their project



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May 05, 2018, 03:46:06 PM
 #207

I do not think every bounty hunter can be paid with ETH. However, any project done must be paid with the appropriate coin of the project. It can also help to market and increase the price of the coin I think.
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May 05, 2018, 03:50:37 PM
 #208

I actually enjoy to be paid in different type of coins as I keep learning different things from every other coin released. But in my opinion ethereum should be added as payment option for security people may choose..

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May 05, 2018, 03:54:03 PM
 #209

In my opinion, if in some ICO bounty hunters would be paid in ETH or some other altcoin implicitly means that developers doesn't believe in their own token and project itself. And this is very strange, especially when token is claimed to be better than ETH)

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May 05, 2018, 03:54:42 PM
 #210

I think that would be an issue to some project. Normally Bounty campaigns are created, aside from marketing, to hype the circulation of the token. when giving hunters token instead of eth, this allows the project to distribute to participants to trade in exchanges that increase the value of tokens. but of course, if the project can give stakes in eth, that would be great!
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May 05, 2018, 04:03:47 PM
 #211

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.

That will be definitely a good thing for the bounty hunters, but you need to understand that a significant portion of the icos do not have a lot the money when they start, and if they are unable to raise enough money they may be unable to pay their participants, another possibility is that there are bounty hunters that like to get tokens because they have a chance to multiply the value of their tokens many times over.

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May 05, 2018, 04:06:17 PM
 #212

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.


That was certainly a good idea OP, rewards already in ETH. I am undeniably be one of those bounty participants that will be rejoicing in great pleasure if this idea of yours become actuality. But this kind of idea may not be feasible to the projects admins because it will cause them enormous capital to begin with. And that is not what they have. And i am sure that most investors will hesitate in investing due to high cost.
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May 05, 2018, 04:11:04 PM
 #213

i am agreed with you. the reason is same like you say.so many investors scare they will lose their initial after bounty reward paid.and like we know usually the token price down so much right after hit exchange.
But the problem is if bounties get paid by ETH,the bounty reward will be decreased so much,because I think dev will not pay more then 10% from what they got from ico.

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May 05, 2018, 04:17:19 PM
 #214

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.


Yes it should be better to rewards us Ethereum than their project coin to avoid price fall because of dumpers. But the more token holders also affects the price value, holding the coin makes the price value grow. The more people uses the coin and used it in exchanges makes the coin more popular, that's why devs priority is to give you reward by their own coin.

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May 05, 2018, 04:17:59 PM
 #215

The whole purpose of bounties in the first place is to get as much people interested in the project and to get people to get their hands on the coins as much as they can so it is only normal that they pay out the people who are doing these bounties to be paid out in the tokens of the project, and paying in ethereum is like helping promote the coin of another instead of theirs.
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May 05, 2018, 04:19:30 PM
 #216

It's not the best way of payments for bounty campain, since in case ICO will fail, they will loose more money..
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May 09, 2018, 04:50:54 PM
 #217

The whole purpose of bounties in the first place is to get as much people interested in the project and to get people to get their hands on the coins as much as they can so it is only normal that they pay out the people who are doing these bounties to be paid out in the tokens of the project, and paying in ethereum is like helping promote the coin of another instead of theirs.
Correct, paying in ethereum will be more convenient for the bounty hunters but you must remember the reason of why the bounty exist on the first place which is to promote a project and to try to get investors into it, so it is completely logical that the developers want people to use their coins even if at that time that coin does not have a very high value.

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May 09, 2018, 05:50:25 PM
 #218

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.

Agree. Which is why most bounty managers pay in the project's own token instead of ETH. By paying in that specific token, the project could grow in demand and popularity. Bounty hunters would mostly hold that token to sell at a later point when prices go up. However, if they receive payment in ETH, then the project would be doomed as it cannot bring a useful product to its users (in this case a unique token). The token drives the value of the project and by sending payments in such token, it will promote its usage within the market.

Still, there could exist a bounty campaign where users would get paid in ETH if the bounty manager decides to do so. Since ETH is more liquid than most tokens available in the market today, it makes a great asset for trading and profiting over the long term.

Nevertheless, anything could happen in crypto land. Therefore, it's possible that bounty hunters could get paid in ETH sometime in the future. Just my opinion Smiley

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May 09, 2018, 05:59:59 PM
 #219

It couldn't implement in bounty. Web developee don't have enough money to pay bounty hunters in ETH. They also rely on the token sold and then distribute the token allocated in bounty campaign. So this unlikely to happen or possible but impossiblento happen.

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May 09, 2018, 06:01:21 PM
 #220

There are/were some projects which paid the bounty hunters in BTC but I have not seen any ICO is paying in ETH. I don't think that many ICO will agree to pay with ETH. They are collecting money from the market , they would not spend the money before their project gone successful. And it is better for them to give away token.

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