FIAT rewards for bounty hunters.

[zebrabounties]

This idea seems fine, but it is not applicable by the team members of the projects, it seems hard so

[Malbaunti]

Yes, because ICO is a fundraiser for project implementation. Many projects don't have the money to pay you. Since the project is not working yet. It takes time for the project to start making a profit.

[webtricks]

Hello all members!
I am a bounty hunter, as well as many of you 
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

It requires zero money to create a token so it is always easier for projects to apportion a part of total supply to bounty hunters than giving FIAT because no one can guarantee that ICO will actually raise anything. However not all projects do this. There are several projects that spend FIAT or Bitcoin/ETH for bounty marketing that even before raising anything. So now it becomes a parameter to determine whether a project is really serious or is it just another shit token project. If projects spending money on marketing then its of former kind but if it just spending its token that mostly it is of latter kind.

[carlfebz2]

Hello all members!
I am a bounty hunter, as well as many of you 
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Good idea but this thing wont easily happen or not at all!

Bounty allocations arent too big for them to worried about such dump 1-2% max wont really make a great impact on price dumps but rather i do believe its investors are the real dumpers. They wont tend out to pay up on fiat even though bounty participants will just sell out their coins. Profits would be mainly affected and if i were part of the team i wont give out profits and secure it by myself.lol

[Tylev]

Hello all members!
I am a bounty hunter, as well as many of you 
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Fiat is simply technically and institutionally impossible to pay to the members of the ICO generosity campaign, even if the ICO team would like to do it. It will be easier to pay bitcoin and ethereum. It would be especially good in this case to pay the ethereum, and the participants in the generosity campaign could be given the right to choose what to receive payments for their services - in the released tokens or ethereum. This could be indicated in the form when joining the ICO project. Here even the purse address would be the same. However, they are unlikely to want to take such a step in the ICO team, it is not profitable for them, they are trying to sell their produced tokens.

[siggy]

It is not good for projects as token payment. And the influence of bounty hunters is not so big as people think.

[Alohadanc3]

It's really a good opinion.But it's hard to pay in fiat there is some resons.One of them is most of the time they collect  crypto on ico.So they have to sell it somewhere and sometimes it's a big problem.They raise money for development of they give that to bounty hunters it's not good for them.And bounty hunters from not one country that all have one other fiat so it's hard to give them fiat.If they really want to drop the price it's better if they give the payment in tether  

[Pumuckel21]

that would be an pretty nice idea to pay bounties in fiat. But you have to consider that there are some bounty hunters out there who like to get paid in token cause they believe in the project the support with their signature!

[hdclover]

Hello all members!
I am a bounty hunter, as well as many of you 
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Some projects do offer this but to be honest it is a great loss to the ICO company because if they pay in Fiat or ethereum, they have to do it from their pocket or raised funds. But if they offer bounty in their tokens, other users will pay for that.

[Jizel]

It seems to me that no one just thought about such a scheme of reward. Simply, the payment is initially assigned and everything, from this the calculation of the reward is already going on, and what will happen next is that nobody really thinks.

[camport]

It will never happen. Giving out tokens provides little risk to a start up and encourages the bounty hunters to do their best to make the project a success when it hits exchanges

[KobbyC]

Oh nice, that is not a bad idea, but I don't think developers will like to that, Because as they transact their tokens, it helps their ICO and project as well. They will be more interested in transacting their tokens rather than FIAT.

[BravO_o]

And how do you imagine the payment for the work process? Also as %. And I want to note that there are companies that pay real money. Just last month, a similar company was completed, in which some people received payment in the form of dollars for certain work.
If the company does not collect the necessary amount of funds, they will have to pay real money at a time when they have so very little for the development of the project? It is easier to give tokens so that we do not wait for the promised amount for many months, without the opportunity to start working with a new company.
I hope I helped you with your answer.

[waorana]

 I would very much like to be paid in FIAT coins, because very often, after the bounty hunters receive their tokens they immediately think about selling them, and this damages the development of the projects, the investors, and the other bounty hunters who, like me, they decide to keep the tokens to sell them in the future. I hope that in the future this excellent idea can become a reality

[taiwww]

Hello all members!
I am a bounty hunter, as well as many of you 
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Its easier for us to say but its big risk for the developers. I mean we know very well how many scammers are there with multi accounts schemes and robbing the bounties like crazy. I think in such cases it would be better to have bounty tokens as part of allocation however fiat can actually rob the developers very badly and may not get the quality investors afterwards. I mean after this allocation no will be interested in the project because people will be getting the fiat itself and would consider it more than sufficient. Bounty tokens actually keep people engaged with the project and they stay their long term. Thats the difference in it.

[Mister1k]

Here on the forum and all bitcoiners want to be anonymous. If the fiat paying option available in bounty also most of the people will go with the bitcoin or concern gonna work for it. Then I do not understand how this got this mind as bounty payment.
I see the investors open up the bounty to both promotion and investment for the project via this promotion. Once all success and hard cap reached team is very feeble to distribute their tokens. I am not sure how you can get the payment. Is there any idea planned with being anonymous?

[sarfwr]

So one thing to keep in mind is that these tokens are just worthless tokens to the team, and they don't have to pay anything.
However, if they pay you the ETH, they may pay a lot of money.

[twobits]

How are you going to accept fiat payments? Have you thought about that?

PayPal??  just kidding. Fiat is hardly an option.

But they could pay us in bitcoin. Most of the bounty hunters are dumping their coins for bitcoin anyways.

Alright, when they are paying through use the mainstream crypto with so many daily trade volume and it will be really help a lot to keep the price of the token become very stable. I guess that's the only possibility. I never think we will get our payment through use the fiat payment.

[PsylockReborn]

Hello all members!
I am a bounty hunter, as well as many of you  
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Then it wouldn't be called as bounty hunting but FIAT hunting instead. The company is making their own coin so they really don't care giving it out for free in exchange for some tasks from the hunters. The reason they are doing an ICO is for them to raise funds. One way of doing bounty campaigns is to get their name out and let the community be involved with their project without risking of spending the companies FIAT money for advertising their good name.

[samuellim853]

Because it's basically free for them, they make the coins for next to nothing. Obviously better for them than giving money away.