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Author Topic: How are tokens in bounty campaign paid?  (Read 1457 times)
loragean03
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August 05, 2018, 11:31:48 AM
 #121

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?

You are into rush, instead of studying and learn all things first, before doing any bounty task. At first, you need to fill a wallet address in an spreadsheet before participating in bounty, im just thinking how you get in into the bounty if ever, when your bounty finished, wait for the announcement of tokens/coins distribution, after distrubution tokens/coins soon to be listed in an exchange site, you can convert that rewards into bitcoin or other crypto currency, then send it to your designated wallet.
79b79aa8d5047da6d3XX
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August 05, 2018, 11:35:23 AM
 #122

When subscribing to a campaign. You only need to provide an ETH address when you register. And do the work to the end. The bounty manager will do their work and the tokens will be sent to your ETH address. By a smart contract on ETH or by manual method

Yondi
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August 05, 2018, 11:41:59 AM
 #123

 MyetherWallet is recommended if ERC20you have to give your wallet erc20 thats compatible to there wallet address but some bounty campaign create there own wallet thats direct on the payment method of their campaign.
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August 05, 2018, 12:05:56 PM
 #124

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.
it depends. the most common are ERC20 Tokens around here.
you could use, Wallet from myetherwallet, metamask, or imtoken.
and some ethereum wallets that accepts erc20 tokens.
just indicate the address that you receive, provided by the wallet to your bounty manager.
and you'll receive it.

And also how can token be traded into bitcoins or other cryptocurrencies. Any idea?
When your token, hits exchange.
and provided that, the token can be sold into LTC/ETH/BTC.
there you can sell through that options. and receive it on your BTC wallet.
it really depends on the exchange what options you can avail.
Viscore
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August 05, 2018, 12:10:45 PM
 #125

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
Obviously you need a wallet to receive the token rewards. Aren't you on a signature campaign right now? On its application post you need to provide your ETH address to participate right? That's it.
Most probably they know nothing about crypto, truly newbie in this crypto world.
We can generate ETH add by creating it MyEtherwallet.com site, but be sure you must have to save your private keys cause it won't be recover anymore once it lost. Some people experience like that and very sad that they lost everything they've got from bounty because they forgot their private keys.


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Broiler78
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August 05, 2018, 12:16:56 PM
 #126

Yes, the wallet is very important to receive tokens, usually MEW erc20 is often used. There are several exchangers that can serve the trade like idex and many more.

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Just John
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August 07, 2018, 10:33:46 AM
 #127

This depends on the kind of tokens that will be given. For ERC20 tokens, you are usually asked for your ethereum wallet address when registering. This is where your tokens are sent to after the campaign. For non ERC20 tokens, a specific wallet address might be asked for, and your tokens will be sent there.

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K_rock
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August 07, 2018, 04:39:49 PM
 #128

I have participated in a bounty program and it requires a wallet that is supported by erc 20 to receive tokens and that is very necessary
NewBet
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August 10, 2018, 11:42:45 AM
 #129

Mostly you first have to provide them with a suitable wallet they ask for when you are signing up for the bounty campaign. After everything is done, the stakes that you have gathered through out the duration of the bounty is then calculated to give a good number of coins that you have earned. Once the distribution starts, the coins are paid into your wallet.
twtr2
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August 10, 2018, 11:48:53 AM
 #130

I think you should read about it on official site of project which you choose. Often MYW is used for ICO and Bounties but some companies use own wallets.

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August 10, 2018, 11:54:30 AM
 #131

Well, this is a pretty weird question)) I recommend you to open and read some threads for beginners in order to figure out how it all works. Cause if such a question occurred to you, I bet it is not the only one)) I think, it's great to ask questions like this, but they have already been answered in lots of threads)) Read it and you'll find lots of useful information there.
And, yes, you must have a wallet, otherwise you won't get any rewards. By the way, it depends on the bounty, you need to have different wallets, such as ERC20 wallet, nep-5 wallet, xem wallet. Cause ICO can be on different platforms and you need to have matching wallet.

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iAMawi123
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August 10, 2018, 11:56:53 AM
 #132

The tokens will be credited to your ERC 20 Wallet Address. You can sell the tokens in different exchanges and receive BTC, ETH or any pair of your token.



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Rossy Akbar
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August 10, 2018, 12:20:01 PM
 #133

I normally do with MyEtherWallet to receive the tokens from the bounty, but we need to wait until the initial coins added in there, but sometimes there are bounty which paid by btc either.
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August 10, 2018, 12:25:18 PM
 #134

It depends on what kind of platform is the project using. Usually, they are using ethereum as the base platform and erc20 as the standard which is normally used. So normally, for you to receive bounty, you first need to have an erc20 wallet which you can create through mew or myetherwallet.
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August 10, 2018, 03:20:28 PM
 #135

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?

First of all you have to work hard for anything to earn...So earn some tokens and if the ICO succeds then you can sell those tokens...But there are many times when the ICO didnt succeed so I cant believe any bounty campaign...I prefer signature campaign which pays out in bitcoin only.
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August 10, 2018, 03:35:26 PM
 #136

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
Just read the whitepaper or the bounty thread and you will find your answer, you will find the information about what kind of token you are going to receive and the kind of address you need, once the bounty campaign ends and you receive your tokens what you need to do is to wait until is listed in an exchange and then sell your coins for ethereum or bitcoin there.
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August 13, 2018, 12:34:00 AM
 #137

It relies upon terms and states of particular abundance program as the prizes can be paid as in coins, e.g. BTC, ETH, and so on., as in venture's tokens. Keeping in mind the end goal to get your abundance rewards you need to give your wallet address. Utilize MyEtherWallet, Bitaddress and Neotracker to open wallets for ETH, BTC and NEO correspondently. As a matter of fact, it is sufficient in 90% cases.
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August 13, 2018, 12:44:18 AM
 #138

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?
Yes of course we need a wallet in order to store the bounty rewards to be given in a bounty campaign that we particpated. Preferably myetherwallet which most bounty participants used and most bounty campaigns suggests to used. Because most of the tokens received in bounty campaigns is ERC20 and myetherwallet is the only wallet that can be used. And in order for the token to be traded in bitcoin , it must be listed in exchanges before it can be tradable.

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August 13, 2018, 02:24:43 AM
 #139

Just wanted to ask if we need any kind of wallets to recieve those tokens after the completion of campaign.And also how can token be traded into bitcoins or other cryptocurrencies.Any idea?

There are 2 ways on how you will get paid. The first one is it will be directly sent to your ETH wallet. Before you join in a bounty campaign, you need to have it first so you will receive the payment. It must be an ERC20 wallet, these wallet are METAMASK, MyEtherWallet, PARITY, Mist, IMTOKEN. The second one is you need to create an account in the website of the project. They need this for KYC requirements to eliminate multi-account users.

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August 13, 2018, 02:51:18 AM
 #140

Dear all,
You can receive some tokens after the campaigns were completed. With those tokens, you can trade or hold. If yo want to hold, certainlly. But if you want to trade, you must find which exchanges the tokens list on? That is important.
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