All about bounty payments and its effect to the project

[Fuhre]

Some bounty hunters follow a project not only because of the size of the prize, but because he believes in the project. The bounty hunter advertises a product from ICO, so he has the right to get what he promotes. if the bounty hunter gets another coin because the Team is afraid of a Dump, then how can the Team doubt the future of the project itself  ? if the project is good, then why should be afraid of a dump?

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[StephenJH]

Making revenue from bounty tokens is not a bad idea for those who have enough experience in these campaigns. The effect is various from my experience because the bounty hunters sell or dump the bounty tokens on every exchange.

[jorenpo]

nope. paying with their own coin/token is good for the project. they payed it to support the project.
and also the dumping is not cause by the bounty hunters. not at all.

[UniversityCoin]

Most bounty Hunter are in bounty solely for the meagre revenue they make from participating . It is therefore expected that they would zoom off the moment the opportunity shows up. I think dumping on the part of hunters is distasteful reality the system might just have to learn to live with

That is why I advocate reducing the number of participants in bounty campaigns. This can be done as the introduction of additional professional criteria, and additional conditions for the ranks on the forum.

[Danslip]

Most bounty Hunter are in bounty solely for the meagre revenue they make from participating . It is therefore expected that they would zoom off the moment the opportunity shows up. I think dumping on the part of hunters is distasteful reality the system might just have to learn to live with

That is why I advocate reducing the number of participants in bounty campaigns. This can be done as the introduction of additional professional criteria, and additional conditions for the ranks on the forum.

Dumping the bounty tokens is not ethic from my experience, so holding the bounty tokens can make more BTC for bounty hunter if he is patient. Some criterias are unnecessary for bounty hunters and bounty managers make troubles for the bounty campaigns participants.

[Netnox]

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"

This is a hardcore lie which is being repeatedly spread by the scammers. Note the following points carefully:

1. The bounty pool ranges from 0.5% to 2% of the total pool, for most of the projects
2. In the past, it have been noticed that 90% or more of the price crashes were caused as a result of the promoters dumping their coins
3. Many of the bounties do not pay the rewards immediately. There were cases when the participants had to wait for as long as 6 months.

[niisarearning]

MOst of the people providing Tokens instead of ether or bitcoin they already might convert this Ether or Bitcoin to exchanges also they never bother about investor they pay some fees to exchanges again this people make hype and sell these coins . Some bounty hunteres sell in begining lots still keeping most forget about coin.

[nicster551]

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 we had the same strategy right now. In 2017, I'm actively participating in ICOs for all my funds but when the fall of ICOs and bear market arrives I decided to join bounty campaigns and wait for the token to get listed on centralized exchanges and much better in decentralized exchanges like forkdelta because hunters are selling it very cheap.

[Netnox]

MOst of the people providing Tokens instead of ether or bitcoin they already might convert this Ether or Bitcoin to exchanges also they never bother about investor they pay some fees to exchanges again this people make hype and sell these coins . Some bounty hunteres sell in begining lots still keeping most forget about coin.

Even if the bounty hunter dumps his token, you can't really blame him. His duty is to promote the project, and most of the time the bounty hunters do that in a very efficient manner. And in the end he gets peanuts for his hard work. It is not a bounty hunter's responsibility to prevent dumping. If the tokens are getting dumped, then why can't the promoters purchase them at a low price?

For example, if the ICO price was $10 and the dumping happens at $2, then what's wrong in asking the promoters to purchase the coins back? If they are confident about their project, then they should do that.

[crzybilly]

Hunters are not dumping it. The dump after the first exchange listing is the poor fault of the team and their management decisions. If they are not able to make investors buy their tokens after the token sale, hunters have nothing to do with it.

[Sundaey]

Yes, you've done that and every bounty hunters have done the same. If you decide on holding and you find out that the price keeps reducing you are left with nothing than doubting if the project is on it way down and might hardly recover, and regret will be next. Paying in eth can be good but worse in time

[Wittny]

Paying hunters with eth or btc is a very good idea, it helps keep onto the exact price of the token on exchange site, distributing token to hunters will spoil the token price in no time.

[ilhamsugihamin]

for me any payment related to bounty should use bitcoin or ethereum because with this it is likely that the price of a coin or ICO token does not drop dramatically. all also depends on the ICO project field itself.

[rarkenin]

Paying hunters with eth or btc is a very good idea, it helps keep onto the exact price of the token on exchange site, distributing token to hunters will spoil the token price in no time.

This method is not efficient after numerous discussion about this topic. Paying BTC is not ok for bounty managers due to public intelligence. The abuse level is higher and bounty hunters really "hunt" such bounty campaigns.

[karankamaze]

Paying hunters with eth or btc is a very good idea, it helps keep onto the exact price of the token on exchange site, distributing token to hunters will spoil the token price in no time.

besides that the two coins are the best coins so people will also be very interested so that the project will be better known to people.
besides that bounty hunters will also be more patient in holding it because btc and eth coins are safe for the long term so they are not afraid to hold on for a long time.

[forexandcryptoauditor]

I agree with you to some extent. At the beginning of bounty program, projects mention something like a million dollar value bounty. But when the tokens get listed, bounty hunters get only penny, few dollars. If bounty hunters get payment in ETH instead of their tokens or coins, it will have two positive impacts, bounty hunters will get their rewards in real value and since they dont receive project token or coin, it will not be dumped and the price will be stable. Bounty hunters can then buy these tokens or coins with their ETH rewards if they feel the project is good which will surely increase the demand of tokens.
However, seems project's knows real value of their token, it might be expensive for them to reward with ETH.

[Zdraste16]

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"

Bounty hunters receive a reward, a very small percentage of the total volume and cannot significantly affect the fall in prices for tokens or ICO coins.  When the company’s tokens enter the stock exchange, orders appear with very large amounts, and these orders do not belong to the hunters because they do not have a large percentage.  Investors themselves probably do not believe in the future of the project and sell as soon as possible.  For this reason, the price falls, and the project team is difficult to recover.

[Romeotom]

In fact, it has different properties as there is less bounty hunter here, it means that it will not be allowed for everyone. Community team has better and more activity and considering the aspect of token pricing. the bounty hunter must have the token symmetrical interiors.

[doycku]

Paying hunters with eth or btc is a very good idea, it helps keep onto the exact price of the token on exchange site, distributing token to hunters will spoil the token price in no time.

besides that the two coins are the best coins so people will also be very interested so that the project will be better known to people.
besides that bounty hunters will also be more patient in holding it because btc and eth coins are safe for the long term so they are not afraid to hold on for a long time.

Of course, if we talk about rebirth for the participants of the Bounty company, then from the point of view of the participants themselves it is really better to receive remuneration in ethereum or Bitcoin.  I would not at all refuse to be rewarded for participating in the Bounty company by any coins that are very well traded on exchanges and valued among users of cryptocurrency.  But we have to take into account the fact that developers will never do that, because not all valuable coins received from the investor are taken away, and the tokens are created, which in most cases cost nothing today.

[repear7]

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"

Yeah, it's true what you say that the low ICO token price is a sign that the ICO failed to maintain its ICO price on the market. Of course this will diminish people's trust in the ICO. It is indeed better to pay bounty with other potential altcoins so that bounty campaign hunters are also eager to do their jobs. By getting potential coin prizes which have no doubt on the market price, the campaign hunters will be bounty about their enthusiasm and maximum work in the ICO bounty project. I myself have proven it and my motivation is even higher if I get potential coin prizes, like eth and bitcoin.