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Author Topic: Why are bounty rewards distributed with tokens?  (Read 248 times)
paulk11087
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June 17, 2018, 03:48:49 PM
 #1

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.
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June 17, 2018, 03:51:57 PM
 #2

Guy, before participating in any campaigns, do you have ever read their terms and condition? They always said that "we have right to chance any T&Cs at the end of the bounty, and Our decision is final". And we have to accept it.

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June 17, 2018, 03:57:02 PM
 #3

Guy, before participating in any campaigns, do you have ever read their terms and condition? They always said that "we have right to chance any T&Cs at the end of the bounty, and Our decision is final". And we have to accept it.

certainly, it is, but we think there is a lot of labor that goes to waste. I'm sure there are a lot of people who are bothered by this. would not it be better if we get a response for the projects that fail?
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June 17, 2018, 04:05:27 PM
Merited by poplolnman (1)
 #4

Because paying using tokens will reduce the risk of developers for loss, and they also hope that with payments using tokens it will create more communities, with ever-increasing communities, so they expect token sales will increase
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June 17, 2018, 04:08:26 PM
 #5

I think paying in tokens is a fair strategy, by paying in tokens the projects can announce and fix the reward without having to worry about the amount of funds raised in eth or btc if they set the reward in eth and during ico raise small amount of funds then how will they pay reward to bounty hunters this can be risky and dilute the project.

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June 17, 2018, 04:30:07 PM
 #6

I think that a project with a good idea or a ready-made product quickly collects hardcap. On that, it is also an ICO to pay for the bounty company with its tokens. I apologize for my English, only recently I study it.

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agiskasep
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June 17, 2018, 04:32:51 PM
 #7

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.
agreed,payment made in token project it will make their token dump,so better to choose ico bounty that payment with bitcoin or ethereum it's absolutely best bounty for me.
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June 17, 2018, 04:36:30 PM
 #8

Guy, before participating in any campaigns, do you have ever read their terms and condition? They always said that "we have right to chance any T&Cs at the end of the bounty, and Our decision is final". And we have to accept it.

Even tho this is strict
I believe you are correct, there should be some terms that had to be unchanged and gladly it would encourage us more to participate in more bounties

Thanks for the insight
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June 17, 2018, 04:40:28 PM
 #9

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.
This is the problem about bounty hunters nowadays,because they are just joining without researching if how good the said coins,and didn't anticipate the possibility of being scammed..and most of bounty managers indicated the in the OP about the rules on if what the adjustment if softcap

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June 17, 2018, 04:40:53 PM
 #10

all projects do not want a big risk ..
because paying with the token could benefit the project.
from purchasing investors who want to participate

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June 17, 2018, 04:43:15 PM
 #11

Yes, bounty hunter will lose a lot of time because of scam project or project cancelled because ICO can't reach their soft cap, they returned eth back to investor, how can give bounty hunter eth? Even if project raised a lot of money, still have a chance project dev don't paid our reward, so it's just like gambling. You'll earn a lot of $$ of you lucky choose a good project

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June 17, 2018, 04:46:26 PM
 #12

In some way this thinking is good cause if we just look at bounty like people who are "working" in them getting paid in different way than tokens is okay but look at people who are making this bounty, paying us with something that need to be paid by them is not logic and could be hard to come back to them with a profit (if coin won't get good when they give it on market).

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June 17, 2018, 05:52:37 PM
 #13

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.

Bounty program is meant to promote the project as well as increase the market place supply apart from investors this is one of the move for the tokens to go bigger in marketplace circulation dude.
Then if they pay us in btc or eth you will be benefited in payment but they are not. That's the problem.
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June 17, 2018, 05:56:49 PM
 #14

I think the main reason behind the same is the project gets benefits by paying rewards with token and also they do not want huge risks.
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June 17, 2018, 06:00:45 PM
 #15

Guy, before participating in any campaigns, do you have ever read their terms and condition? They always said that "we have right to chance any T&Cs at the end of the bounty, and Our decision is final". And we have to accept it.

This is very humbling thing to accept, basically for me it means, join by your own risk - we can just throw you freaking away from here, and you cant say anything against that Smiley
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June 17, 2018, 06:04:43 PM
 #16

I think the distribution of bounty rewards based on tokens or coins has its advantages and disadvantages. Fortunately is when we follow the bounty with a good project and eventually the coin price soar even though we only have a few tokens. The disadvantage is that the gifts that are shared do not match what is written on the bounty thread because the average coin now follows the ETH price growth.

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June 17, 2018, 06:05:42 PM
 #17

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.
This is a serious problem, but we can not do anything about it. They can pay us their tokens, but because of the lack of investors and buyers, they will be very small money. Therefore, we need to choose very well the projects we are taking to work

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June 17, 2018, 06:06:24 PM
 #18

Guy, before participating in any campaigns, do you have ever read their terms and condition? They always said that "we have right to chance any T&Cs at the end of the bounty, and Our decision is final". And we have to accept it.

certainly, it is, but we think there is a lot of labor that goes to waste. I'm sure there are a lot of people who are bothered by this. would not it be better if we get a response for the projects that fail?
It is the essence of this market bro. You can see many ICOs which scammed, failed or dead, and their bounty programs closely related to the success of their projects. It's like investing in ICOs, you invest your money, and in the bounty, you invest your effort, your time. All are risky.

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June 17, 2018, 06:37:51 PM
 #19

I feel you OP, it's true that in such scenario lots of hunters work goes unpaid, but this is the risk of doing bounty for a project which won't raise enough funds. I mean there are a lot of solid and hyped projects with low hardcaps, that are almost sure bet they reach it. Also you have signature campaign paid in BTC or ETH weekly, so you don't have to worry about any tokens. To each of his own.
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June 17, 2018, 06:51:43 PM
 #20

I know that most of us are working on most signature campaigns. We are dealing with this for weeks or even months. but since the project was not able to make a soft cap, nothing can pass. investments of investors are being returned but what are our efforts? I think projects that cannot do some soft cap are paying a minimum of Eth for those who participate in bounty programs.
Nice suggestion but the question is where will the Eth to pay bounty hunters come from?
They are even returning investors Eth at a loss because they have to pay gas fee, and they've also lost a considerable amount of money working on the project.
Unless stated from the T&C that payment will be made in it if Softcap is not met, bounty hunters should accept the loss.

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