Paying Bounty With TOKEN or ETH which will be better?

[Callanta787]

I can't imagine what the outcome will be ,whether its good or bad idea ,but personally I still refer to get paid in tokens
because most of them I want to hold .

[natsu01]

I believe that if the project is really good and that tokens are needed for utility then it's better to be paid in tokens rather than eth. Also, the dumping of tokens from bounty hunters usually happens so if they don't believe in the project then it's good to get rid of them at an early stage and let the believers have the tokens to support/use the product.

I agree with you, it is better to pay the bounty hunters a token instead of Ethereum. If you pay tokens to the bounty participants then it can help to promote their projects. Bounty hunters will trade their tokens immediately once they received it and listed on crypto exchange/s, it can cause dump but we can't blame them because they are the ones who worked for that money.

[pharaon]

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

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!

On the one hand, this is good for members of the bounty campaigns, as they receive some kind of guarantee as payment in ETH and BTC, but on the other hand it is not profitable for projects, because they pay the reward  their tokens, which they themselves created.

[izza123]

For me it's best to get a bonus from the bounty campaign in the Etherium. This payment is more guaranteed.

[jarojak]

I think every bounty hunter will love the idea of being paid with bitcoin, etherium or any other popular coin.  The problem is the projects didn't have enough fund to pay with such coin, that is why they use bounty campaign as a cheap way to promote their project because they pay with their new coin/token.

[automaticmoney]

paying bounty with eth is nt possible only tokens are possible that is proved in last one year so we can expect only tokens in place of ether

[Ferris419]

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

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!

This idea is only suitable for projects with available capital. But if they had invested, they would never launch the ICO and bounty. And you need to know that the ICO is a form of calling for capital so the only way is to pay the bounty with their tokens. Because they have no money or BTC available to do it

[Mumbeeptind1963]

A lot of us might want to choose the Ethereum option over the token option because we believe that the value of the pay might depreciate over time if it is in tokens, but will remain the same or even go higher if it is in Ethereum, or fiat.But the truth is that I do not see the possibility of this happening especially because the distribution of these tokens are meant to serve a purpose.

Yes I believe that they might want to choose Ethereum as a reward than receiving token because having ethereum as your own will be enough to get a profit than having a lot of tokens. Ethereum is a lot more valuable and might be worth it to your effort and time, sacrifices and sleepless nights to be able to make it.

[seregaleon]

A very big role in this is played by the project, which if it turns out to be promising, then the payment of tokens is more promising!

[Nidhi Bhatia]

Obviously paying in Ethereum is much better tan Tokens because many times after bounty program token value of coin will down and hunters will get nothing. On the other hand, If you get Ethereum than you can get much after bounty program. so i prefer ETHEREUM more.

[Bittalk12]

1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market

Payment on bounty hunters with Ethereum or BTC is the right thing to do to lessen the price dump of a specific bounty. I would suggest that after giving the ETH/BTC reward, that bounty/ICO will announce a trading competition for those hunters. The to 50 traders who collects the biggest number of their token in trading will win a new reward which will be paid in airdrops token. Ofcourse, it will be paid by rankings. That way, they pumped the price of their altcoin and will get more investor to trade their altcoin. What do you think?

2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more

This one, I don't understand what do you mean by this. Can you please elaborate this more?

[karthcrypt]

It has always been very attractive to to be paid in ether for your bounty work.  Those that received ether as means of payment in the last few months will not feel it is better with how bearish market has dealt with ether value!

[Indamuck]

The reputable campaigns already pay in btc or eth.  Good posters don't want to waste their time with a signature campaign that pays in worthless tokens.  Anyone can create an erc 20 token in a few minutes, they have no value until proven otherwise.  Most projects that pay in btc have legit operation and a bright future.

[pelumi20]

I think it is best for a project to pay bounty hunters with ETH because most bounty hunters want to make their profit quickly and move on from the project. But I don't think this is the only reason why projects fail after listing on exchange, some of them offer investors large amount of bonus, and the investors dump immediately to make profit too.

https://destream.io/?referralId=adf52557d7994818a3bf8131262f2179#action=bountyreg

[Nisharawal]

I think paying the bounty members with Tokens will be better than ETH because this will also keep the members and other participants to know more about the project, their roadmap and its token value & prices. The user will try to research more about the tokens and project and then he will try to hold the tokens if it is really having some big value. If the project is not having value then it is not worth paying in tokens or in Eth because in both the cases the bountiers will try to sell their stakes soon and nobody will try to hold. Remember that paying in Tokens or Eth does not matter's a lot if the project is really good.

[jakiro.hovard]

I think it would be better to pay bounty in ETH, because it often happens that bounty hunters and developers together with investors just dump the price to buy cheaper then, but it's only thoughts, maybe then they do not want to buy anything at all .

[passwordnow]

Those bounty hunters are only allocated with a very few tokens compare to the usual allocation that investors get. But if you will combine, investors, developers and bounty hunters who are dumping those tokens that's an assurance that token will definitely be dumped.

Bounty hunters are becoming demanding today, don't join them if you are too demanding or you don't like their tokens.

[Olajide Olaoluwa]

Paying bounty with token or eth are both good. But if the management pays in eth   it  might lead to loss because the price of eth is not stable and when they want to pay bounty the price might be above the initial when they started the campaign.

[Ailmand]

It is not impossible for bounty hunters to be paid in other currencies like BTC and ETH. There are sections on here you can get such jobs and they are open to select ranks. But I feel this not feasible for most ICOs to do considering the number of bounty participants they get and it will not encourage the circulation of their tokens

That's right. There are actually projects that give Bitcoin or Ethereum as their payment method rather than their tokens; however, those projects are very difficult to find because most of the projects these days are trying to create their own coins and ride the cryptocurrency wave. Also, the requirements to enter those projects are very difficult to reach; the sheer level requirement is not that issue to comply with. Of all my years joining bounties, I have only joined one project that paid in Ethereum, take that for rarity.

[Maximillllian]

https://i.imgur.com/R0aO6ez.png

Often time people ask why are token prices always go lower than ICO price on their first day of entering exchange? and the question seems to be difficult to answer.


I did some knowledge storm and I arrived at this;

1. Bounty hunters always want to dump and get out as soon as possible

2. The market in general might be far lower than the way it was during the ICO period

3. People sense something Fishy in the project and the want go out.

But among the three mentioned above, there are projects that are good and the market price is only have little difference from ICO period yet the token drop even 10X below ICO price.

Now the QUESTION is what could be the curse? and what is the Solution
There are two major reasons that may cause this; 1. Bounty/Airdrop hunters and 2. Newbies who only heard that crypto investment yield interest.

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!

This is a very interesting point of view. I believe that payment should be in ETH. Because it is easier for the team to sell all the esters at once than to try to sell all the sent tokens