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Author Topic: Paying Bounty With TOKEN or ETH which will be better?  (Read 2457 times)
Ultimist
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August 28, 2018, 10:30:00 PM
 #141

If we regard this from the bounty hunters, the payment in ethereum or bitcoins looks very good. Then we would know for sure that we will get a normal reward for our work, not wrappers, which can cost nothing. But on the other hand, the token of the project can be very promising and then we can get much more than we would get in ethereum or bitcoins.

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mastadonballs
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August 28, 2018, 10:31:05 PM
 #142

Use ETH to pay for bounty hunters is a really good idea but seem like it's impossible cause there is no bounty campaign will accept to do like that cause all ICO project behind each bounty campaign are trying to collect as much as ETH as possible so I think they'll prefer use their token to pay for bounty hunters to use ETH which they're trying to collect to develop their project.
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August 28, 2018, 10:34:29 PM
 #143

I think bounty payments should be paid in ethereum from now  onwards so that bounty hunters will not dump the coin when it is listed on an exchange platform.

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seyola89
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August 28, 2018, 11:10:58 PM
 #144

Paying bounties in ethereum or bitcoin is a good idea because even if bounty hunters decide to dump their rewards, it won't affect the project tokens. And the dumping won't affect the already established coins. Then any bounty hunter that is interested in the project can buy the tokens with the btc or eth he got.
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August 28, 2018, 11:18:01 PM
 #145

The two proposals are good, but I don't think they will work, because developers always prefer to pay in their own tokens, especially if it's another currency that wants to integrate transactions, they're always going to want people to start using their currencies rather than choosing another one like ETH.
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August 29, 2018, 07:55:18 AM
 #146

Its a good review, but you must also take to consider the allocation that held by the team. When the tokensale commence, they have put an allocation rewards to the bounty section. It is in token, not in ethereum. Now the fact, that the ico didnt reach its hard cap, and they also pay with ethereum the reward of the bounty, it could turn into a big loss to the team.

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Joep01
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August 29, 2018, 08:12:02 AM
 #147

I really like the idea thus this will help also for the bounty hunters to aquired true money not like the tokens, which is in the end will come to shit token. I was this campaign Metahash, and indeed, they pay eth for their rewards and its very promising project because they have reach the hard cap. I really appreciate this kind of project who pays eth to bounty hunters as rewards.

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darmin
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August 29, 2018, 08:16:19 AM
 #148

the participants of the bounty will certainly many choose their payment ethereum. This is because certainly, the ethereum has a value that is already in the market and certainly including high prices. If paying using the token would certainly be quite a challenge awaits the token has a decent price. but the majority are indeed paying by token because it also exists as one of their marketing.

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Ria Sakurai
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August 29, 2018, 08:19:14 AM
 #149

Of course that paying in ETH is better and all bounty participants want to receive ETH instead of Token. But unfortunately no campaign do that.
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August 29, 2018, 08:27:46 AM
 #150

I really like the idea thus this will help also for the bounty hunters to aquired true money not like the tokens, which is in the end will come to shit token. I was this campaign Metahash, and indeed, they pay eth for their rewards and its very promising project because they have reach the hard cap. I really appreciate this kind of project who pays eth to bounty hunters as rewards.
I think its better if they pay you ETH because this crypto is very valuable than token because sometimes they give ypu token then later on you will found out that its no longer have no value. Also I think its better if they give ETH when someone doing bounty hunter because it is not easy to do. So that tose people who do bounty hunter become more hardworking and more persevere.

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August 29, 2018, 08:29:25 AM
 #151

I think for the Hunters paying with Ethereum is the most attractive option as they get a solid usable and immediately tradable reward. For the Project giving tokens is better as it doesn't really cost them anything and they also insulate the project from dumping.

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August 29, 2018, 08:30:40 AM
 #152

SOLUTION
My solution here might not be right but this is how I see it.
1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market
2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more

Anyone who knows a better way can tell us here![/center]


I agree with this. Paying bounty hunters with any of the Top 10 liquid coins is better:
1. It doesn't hurt the value of the token/coin project if the bounty hunters decide to sell their bounty.
2. Bounty hunters can liquidate any time, at their choosing.
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August 29, 2018, 08:33:23 AM
 #153

When the token starts, they have placed an allocation gift to the gift section. It's in a token, not in ethereum. Now the fact is, that ico did not reach his hard hat, and they also paid with ethereum a gift from the gift, it could turn into a big loss for the team.
Gelesko
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August 29, 2018, 08:36:53 AM
 #154

I think you got the wrong idea mate. I mean projects pay token/coins lets say shares to their workers (hunters), so they promote the product/project! We have this in real life, without blockchain, companies pay their workers in shares, so they get motivated and make a company succeed, by working harder and committed to work harder as they see their selves, part of that system! It's like imagine Apple if they paid their workers in shares and they have decided to give share not Apple, but for example Shell share or something like that, that is nonsense! Yes there is dumpers, but if the project is very good and after a curtain amount of time, there is also a bump! All you need to do is wait and have a lot of patience.

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August 29, 2018, 08:46:47 AM
 #155

this idea is a good idea. first reason is bounty hunters are not investors to hold there token for a long time. some of the bounty hunters are just relying to there bounty rewards thats why they immediately sell there token. second is bounty hunters will not wait such token to have an market value anymore if they will paying ETH or BTC anymore. thirdly is bounty hunters cant dump the project token anymore.

Zhen Zhibing
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August 29, 2018, 08:49:05 AM
 #156

Paying ETH for bounty is impossible because ETH is valuable coin and ICO company don't want to pay their money for bounty hunters. They pay token because it is free and they can generate token and pay it.
cityhall
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August 29, 2018, 08:49:55 AM
 #157

Paid with etherium or bitcoin sounds good to me but I'm not sure they can or they will.  They want their token or coin being adopted as much as possible and paying the bounty hunters is a good way to do that.

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BogdanGFTP
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August 29, 2018, 09:20:19 AM
 #158

I think that it will not work. The essence of bounty is to give access for the new blockchain product for much more people even for them who do not want to invest.
And the legend about dumping coins by bountyhunters are false because if there is no buyers for 2% of all amount of coin - that's a bad project.
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August 29, 2018, 09:39:26 AM
 #159

You have to know that when coins list on exchange, the price of that coin can be reduced sharply. If they pay with Eth / Btc then the dev team will be able to get big risk. They will not do that. Especially when the market is like this.
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August 29, 2018, 10:09:37 AM
 #160

I would prefer the token, but many of people would like to take the ETH because it is more stable already and you don't have to exchange the tokens. But in case of a good project if you would buy token from the exchange it can already pumped X2 or more. So, there are two cases: Eth if the project is so so, token if the project is good.

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