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Author Topic: All about bounty payments and its effect to the project  (Read 2092 times)
ziac (OP)
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November 16, 2018, 05:59:43 PM
 #1

I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"

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November 16, 2018, 07:24:06 PM
 #2

not for all actually
if that a good project ,
of course they, i mean team will think about it,
so they just give a small reward of their project.
so price will not affected soo much from bounty hunter.

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November 16, 2018, 08:59:38 PM
 #3

I think that due to the fact that hunters sell their tokens even at a low price, it does not affect the cost much.moreover, very rarely bounty hunters sell at low prices, because it is simply not profitable to sell at low prices.

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November 16, 2018, 09:33:36 PM
 #4

I believe that the project team should make sure that investors do not lose confidence in their coin. Yes, bounty hunters often sell their coins immediately after the listing, but it does not do everything and it is unlikely that it will significantly affect the growth of the coin. So I don't think that's a big problem.

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November 16, 2018, 09:38:28 PM
 #5

This is not true all the time. There are instances where tokens value dropped even without the bounty hunters given their bounty rewards and i have witnessed some of that on my own very eyes. Yes, it might be good for both the bounty hunters and the project to paid it's bounty participants in eth to avoid the blaming later on.
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November 16, 2018, 09:45:14 PM
 #6

I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project.
It's because the owners of the ICO don't want to spend the Ether or BTC they have collected. They would rather pay back the bounty hunters with their coins that have not yet shown the market value of which some of them turn out to be shitcoins.

Secondly, bounty hunters help with the liquidity of the token. Imagine if everyone bought tokens during ICO and holds them whereby no one wants to sell them off in an exchange. This means the daily volume of the token will be lower than expected and will eventually end up being delisted from some exchanges so bounty hunters dumping in another way is a necessary evil.

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Huntler1993
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November 16, 2018, 10:57:32 PM
 #7

What also happens if you don't get the price as cheap as expected then with that what might be the benefit of you waiting till the end of ICO projects. Investing directly could had fetch you a lot since sometimes hunters reward distribution get delayed for some time.
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December 14, 2018, 06:52:54 PM
 #8

As a rule, tokens of weak ICO projects are drowned. If the project is solid, then after some time the tokens grow. Payment to bounty-hunters with ICO tokens allows the project to receive free promotion on the Internet. And bounty hunters get the opportunity to increase their rewards after the growth of tokens. Therefore, payment by Ethereum is disadvantageous to both parties.

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December 14, 2018, 06:55:13 PM
 #9

I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Yes, this is one of the best ways to pay with ethereum, but according to the price of the token, this can lead to not dropping the price of the coin, so the price of the token is maintained and stable.

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December 14, 2018, 07:24:00 PM
 #10

I think it doesn't matter what people do with their coins whether ICO or bounties, some can sell even at close to nothing price, we have seen people sell their BTC at close to $20k and not some people feel thesame coin what just $3k+, I still believe the current market is highly subsidize and people will only buy when the FOMO kicks in.


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December 14, 2018, 07:27:29 PM
 #11

bounty campaigns are not reliable enough and we will fimd out some other emethods of earning money as we need to rely on somethiny
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December 14, 2018, 10:41:31 PM
 #12

I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"
Are you serious about this? Bounty hunters, though often sell immediately after the listing of the coin, but for example this year, almost always first distribute the tokens the wallets of investors and they are sold immediately by investors themselves, and when the tokens reach the hands of bounty hunters, their price is at least 2 times cheaper. Also this year there are a lot of cases when immediately after the listing of tokens, their price drops 10 - 20 times. Is that what hunters sell so cheap? Hunters for heads only sometimes sell at cheap prices, but at prices not less market.
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December 14, 2018, 10:45:36 PM
 #13

There's a drought in signature campaigns that pays bitcoin so I think that your request and idea about being payed with ETH is unlikely.

The idea of dumping the bounty tokens which causes the whole market of that token to dump, I think isn't the real reason for ones downfall. It's the whole market itself and bigger investors who are starting to take out their shares and getting their money back.



 

 

 

 

 

 


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OluwaTosin10
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December 14, 2018, 10:47:31 PM
 #14

I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it,  price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"

To start, i have not seen any form project ready to pay bounty hunters in etherum, bitcoin or other solid tokens such as ripple, stellar or dash,
But why do everyone think that bounty hunters dump for cheap ?

Bounty allocation is always 1-2% of total supply, while ico sale are always 60-75% above. im not in for the discussion thought.

Truth be told, a bad project will always be ruined in value on exchanges, but a good project, will definitely rise back, irrespective of the low values.
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December 14, 2018, 10:52:35 PM
 #15

I don't think its the bounty hunters that are to blame for the decrease in token value. They are paid months after ICO ends and before the tokens reaches their wallets, token value are almost 80% down. Some don't even give rewards. Token rewards are just 1-2% of token sale so even if all bounty hunters dump their tokens, it will not affect the price of the token. Those who usually dump are those who brought at private sale because they get 50-100% bonus.
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December 14, 2018, 10:55:31 PM
 #16

You made the right decision. Because ICO investment is regret. You can buy ICO Token 10 times cheaper
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December 14, 2018, 10:57:57 PM
 #17

Well, every project has divided the sales allocation of their tokens, and only around 1-5% for bounty hunters. Their decision to pay using the tokens they made must be taken into account. Remember, after all the cause of the price decline after the token listing is not entirely because of the bounty hunter. If the sales strategy of the team is right and good, I think that can be avoided.
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December 14, 2018, 11:04:05 PM
 #18

I recommend for every ICO project that they should pay in eth or bitcoin for their bounty participants if they continue to blame us bounty hunters for their token that has being dump after it listed to exchange.

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December 14, 2018, 11:12:05 PM
 #19

Usually the reward allocation for bounty hunter arouns 1-5% of total tokens. I think if the project is good its not a problem if bounty hunters dump the 1% of tokens. Maybe team may send the reward after already listes on exchange. Like 2-3 weeks after listing.

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December 16, 2018, 01:16:51 AM
 #20

quite rational as well, for example, bounty hunters sell all their tokens immediately after getting a reward and that can have an effect on the price of the token in the market when dumping simultaneously. I agree more if reward is given with eth or other altcoins.
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