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Author Topic: A few questions about payments to bounty hunters  (Read 561 times)
Rati24
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October 30, 2018, 05:15:15 AM
 #21

Everyone can name any amount and this will be his personal opinion. In social networks such as Facebook or Twitter, it would not be bad to get $ 200 at the end of the company. And in the signature on the forum for full member somewhere like $ 1,000. There are many reasons, of course, that can affect payment at the end of the bounty campaigne.
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October 30, 2018, 05:16:09 AM
 #22

This is what bounty hunters are looking for. And I think there's already a platform that is doing of the same thing. Though your reward system isn't with stakes but those that I have read is into stake->ETH.

A portion of your weekly stakes can be sold to their platform as long as there's a trader and buy order for that one.

Check tokpie.
Payment in ETH or USDT to bounty hunters will be well received by most of them. Even those who want to have more tokens can simply participate additionally in the ICO project as investors. It does not interfere. On the contrary, bounty hunters have the opportunity to study the project well and determine the degree of its prospects. A lot of bounty hunters will join such ICO projects. Regarding the amount of earnings, I was even confused. There was an amount from $ 200 to $ 800 per week for the ICO signature campaign. Perhaps, I agree with these figures. It really will be a good payment. Not too transcendental, as some ICO teams promise, but not low.
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October 30, 2018, 07:06:39 AM
 #23

Hello.

I am working in a company that deals with internet media. Cryptocurrency is one of our latest areas of interest. One of the projects we are building right now is bounty managing platform.
We are looking forward to implementing a model, that will not require staking system for rewards. Rewards will be calculated in ETH/USDT per action.

Now I am trying to figure out the average prices for the actions, that will be appropriate and realistic for bounty hunters work.
I am aware that it depends on the numerous factors, but for statistical purposes, any information on will be useful for us.
Answers are greatly appreciated.

1. In the case of Twitter/Facebook, how much USD You, as a hunter, would like to receive per single Like/Share/Post?
2. What is the reasonable price for the blog post/article with a review of the project?
3. As a translator how much You would like to get paid per Whitepaper/Lightpaper/ICO page translations?

If You bring any examples of how much You got paid for bounty work, it could be helpful as well.
I think this isn't quite the right question asked to bounty hunter, cause they would give big number of reward, cause usually the amount of reward will be depends on how much coins are sold and got rated by the price of the coins to ETH or any other contract.
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October 30, 2018, 08:14:49 AM
 #24

There is actually a lot you need to understand when it comes to bounty campaigns as a whole and that is the fact that every project will always have some allocation of some sort to every bounty campaign which would always vary and in that case, this is the main reason why stakes have always been used.

Hence, if you are planning to go against this rule, that means you are not considering some of the factors I have listed first before even trying to think what would make sense for every bounty hunter in the first place. I could have as well just end up telling you $10 per action will make a lot of sense. Probably you should go check how others are really doing it and why, then inculcate that into the idea you want to bring and see how it can work in real life, which i doubt.
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October 30, 2018, 09:34:41 AM
 #25

Thank You for the replies. This is very valuable information for us. Appreciated!
Yes, I am aware why staking system is the only working mechanism for ICO bounties right now. At the moment we are building our platform with a 'classical' approach, using stakes and paying with ICO tokens.
But the idea to implement ETH/USDT payments has a lot of great benefits and opens new horizons. We are looking forward to moving in that direction too.
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October 31, 2018, 10:54:21 AM
 #26

Well for social media is thin $2-$5 per like plus share is decent, for blog post reasonable reward is from $50 to $200 depending on quality and content, for translation it varies but $200 to $400 will be good and lastly for signature campaign a reward of $200 to $800 per week is considered good depending on the member's forum rank.
This is the thing here! People will tell you what they feel is decent but the reality is that unless you want to start coming up with your own campaigns for your project only, this is not something that will work.

Every campaign tend to raise certain amount for certain period of time, and that is always their target with a certain percentage of the total amount being allocated to bounty, in the case where you are now trying to introduce payment in USD instead of stakes and then calculating at the end, then you probably want to be introducing limit of the number of participants per campaign which is how I only see that plan of yours working. Staking is used to be able to curb that main issue.
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October 31, 2018, 10:59:10 AM
 #27

I mainly deal with the translation of documents and signature. To me, my earnings gobble up. I wish it was a little easier.
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October 31, 2018, 11:04:49 AM
 #28

You will not get a lot for participating in twitter and facebook campaigns. It is normal, that for tw/fb campaign you will get about 40-50 USD. The content campaigns are great and I think for a blog post the hunters should get a least 100 USD. I saw a bounty campaign, where translators got 32 Ethereum each Smiley
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October 31, 2018, 11:10:13 AM
 #29

The issue is that most bounties are not worth anything.  So people doing them are just speculating as anyone else.  So hard to put a dollar value on a bounty when 95% of them wont amount to anything
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October 31, 2018, 11:16:48 AM
 #30

Bounty manager normally does not dictate the total bounty budget to distribute. But I observed that the total budget is from 3-5% of the proceed of the token sale. From the total budget it is further distributed to different campaigns. The allocated payments from budget depend on the tasks or effort participants give. Signature and translation cam[aigns usually receives the biggest stakes followed by the content campaign like blog or video. Social media usually offers the smallest stakes.
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October 31, 2018, 11:20:25 AM
 #31

You will not get a lot for participating in twitter and facebook campaigns. It is normal, that for tw/fb campaign you will get about 40-50 USD. The content campaigns are great and I think for a blog post the hunters should get a least 100 USD. I saw a bounty campaign, where translators got 32 Ethereum each Smiley
Translations received a lot of rewards, I've seen many translators receive $ 10,000 for their translations. When I joined the signature campaign, I could only earn 1500$ per campaign, but the translation received 5-10 times more reward


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October 31, 2018, 11:25:29 AM
 #32

I believe this thread is some sort of feedback for bounty managers and opinion molder for bounty hunters and cryptocurrenc community on what to expect as a decent rewatd for the hunters!

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October 31, 2018, 11:32:59 AM
 #33

That's going to be great if you can set up that kind of platform, but those ICO projects are they willing to pay in dollars just to promote their platform seeing that they also want to get funds for their project I doubt if this is going to succeed.

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October 31, 2018, 11:44:55 AM
 #34

It would be great to earn 150$ for a quality article. 1000-4000$ for signature campaign depend on rank. For translators it would be good to recieve 1500-2000$ for all(WP+Ann+Website).
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October 31, 2018, 12:15:50 PM
 #35

Paying in ETH/USDT or coins other than the bounty token has been available to Bounties in the past, in fact I have done a few, but they where stake based and were a percentage of the money raised. Curious how you are going to make it Cost Per Action. Are you going to demand money up front from the firm wanting to offer the bounty or is everyone going to be at the mercy of them being willing to part with the money they raised? Always thought the reason companies offered the ICO tokens as the bounty was they can create as many as they like at no real cost to themselves.

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November 07, 2018, 10:58:29 AM
 #36

There is not a lot to be made from bounty campaigns, you have to see it as some kind of side money that you get sometimes, there is a lot of bounties now but they are not paying out a good amount of money to the bounty hunters, if you get something like $200 from a bounty campaign now you are lucky since they are paying out so little right now. It would be better if they paid out in a coin like ethereum

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November 07, 2018, 07:29:49 PM
 #37

Paying bounty hunters in ETH /USD  sounds great, social media task such as facebook share and like can be paid 1-2.5$ while bounty task like translation should be around 750-1500$ depending on the volume of the translation and lastly signature campaign for the whole bounty period irrespective of the duration for the least rank should not go for anything less than 350$
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November 07, 2018, 07:34:05 PM
 #38

In fact, the pay for bounty hunters ' work ranges from a couple of dollars to several thousand. It all depends on how well bounty hunter was able to sell tokens). I mainly write articles and the average payment for the article company is about$ 200-300 per article.

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November 07, 2018, 07:43:15 PM
 #39

In most projects, the bounty allocation from the total supply is usually between 1 to 5%. This depends on the project, the supply and ICO price. This allocation is now divided into many percentage for social media, content, translation and signature.

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November 07, 2018, 07:54:07 PM
 #40

In bounty campaign, what a bounty participant receives at the end of the campaign depends largely on the bounty pool of the bounty campaign. If a bounty has huge pool then the participants get payments according to their stake and if the bounty pool is low, the participants will also receive payment according to individual stake.

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