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Author Topic: How does Bounty0x's tokenomics work?  (Read 255 times)
phoenixdowndee (OP)
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August 20, 2018, 02:40:04 PM
 #1

Does anyone use this site? I am wondering how the tokenomics works for crypto ICO's posting their bounties and bounty hunters who are wanting to earn tokens.

Thank you.
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jimsteel
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August 20, 2018, 03:05:41 PM
 #2

Honestly I don't get it, I have read the white paper a few times, and it seems you just earn tokens for basic bounties. If you want to go for more advanced bounties, you have to pledge some of Bounty0x's tokens first to see if you are eligible.
bramborakymilenec
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August 20, 2018, 04:57:58 PM
 #3

The white paper doesn't give enough information. I've avoided the platform as it seems a little shady. Will be interested to see if anyone responds to this thread giving you all the information, I doubt it though as it seems they are not too transparent.
roganite
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August 20, 2018, 11:41:35 PM
 #4

I've kept away from it, anyone had an success with those guys?
skovbitcoin
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August 21, 2018, 07:37:23 AM
 #5

Does anyone use this site? I am wondering how the tokenomics works for crypto ICO's posting their bounties and bounty hunters who are wanting to earn tokens.

Thank you.

I never participate in bounty campaigns, which are conducted by platforms such as this. Because you can not see what progress you have at this moment. I more like participate in the bounty campaigns of bounty managers on the forum
cryptowomba
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August 21, 2018, 10:05:36 AM
 #6

I've seen numerous threads on bitcointalk stating how people don't really know what is going on also that a bounty gets filled up in an hour by 4k people. Seems a little too perfect for me. I would keep away.
@baoli
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August 21, 2018, 10:09:55 AM
 #7

I have used the platform since April got paid for some bounties I have done. The flip side is that o always get not as quoted on their site meaning there are other aspect I don't understand or its underlining. Their calculating stake is not clear at all

Base Protocol (https://baseprotocol.org): One Token to Hold Them ALL | [url=https://baseprotocol.
xOdiumNostrumx
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August 21, 2018, 10:38:47 AM
 #8

I like it quite a lot to be honest. Their bot which automatically tracks your social media activities is super helpful and saves you time, right now it has some issues so it is necessary to report every activity, but they are doing everything to fix it as soon as possible.
straightliteral
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August 21, 2018, 10:42:52 AM
 #9

it seemed a little bit fishy for me, so i avoided this platform im curious if anybody has some experience with it tho.
mutrang23
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August 21, 2018, 10:44:59 AM
 #10

It is a website resembling websites from the bounty management team like Amazix. It will aggregate the ICOs that the Bounty0x team manages and manages the campaign. These websites help the management team to become more professional.
zenhu
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August 21, 2018, 11:13:53 AM
 #11

Actually, a bounty platform like this is helping us the bounty hunter and the manager we can manage our bounty easily and the manager just need to run some bot or program to calculate our work. If you not really into bounty0x there still plenty bounty platform out there like bountyhive bountyplatform.io and many more

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handy_hotdog
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August 21, 2018, 11:23:48 AM
 #12

I think the main topic was if anyone can explain the tokenomics. I've read their white paper and it's a little basic, they don't give numbers only concepts. If anyone could explain what the process is for a bounty hunter in detail would be amazing (i.e. do you earn their token as well? does it get burnt? Do they change you for collecting your bounty tokens?) I'm also curious to see how they make money, as I saw that you can post bounties on their website for free (the basic option) which means that they rather take a cut of the tokens of the bounty, or they charge the bounty hunters to get their tokens to their wallet.
beetlejam
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August 21, 2018, 12:52:15 PM
 #13

I've kept away from them, something smells fishy...
iloveturtles
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August 21, 2018, 03:18:52 PM
 #14

After reading the white paper I get the gist of it, but I think the only way you are going to find out from a bounty hunting perspective is signing up to the platform and taking part in bounties.
wizzydizzycrypto
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August 21, 2018, 09:31:30 PM
 #15

I use it and I like it.
bithuner
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August 22, 2018, 11:18:16 AM
 #16

Used it, but didn't like it seemed to be full of bots and they were not very transparent. I like to be treated like a person rather than a robot when giving my time up for a project.
deep4u
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August 22, 2018, 11:27:29 AM
 #17

I don't like to participate in this type of Bounty platform because of their no transparency and we don't know how much wr will earn after working 3 to 4 months,  our traditional Bounty is way more good and mote transparent and feel comfortable with to work with.
georgeforeham
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August 22, 2018, 12:32:31 PM
 #18

I have no clue, they keep it under wraps until you do business or you sign up to the platform. All about those numbers!
batmanbabushka
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August 22, 2018, 03:55:19 PM
 #19

I don't like them, not even tried to use their system. Stick to finding bounties on here.
steviegboots
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August 22, 2018, 04:36:36 PM
 #20

I use it and it's a good platform.
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