All about bounty payments and its effect to the project

[Firunner]

Hello guys,

I think bounties are fine. I would actually go further and say that well thought out and managed, they can make a project almost entirely. They allow a project to use the strength of their community. Think about what a project can do once they have hundreds of people actively working for them. This is what LTO Network is doing btw.

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[cuo]

Some people say, bounty hunters will dump token/coin price, but if the project have a good development, thats no problem!, they can wait the market move and sometimes team will buyback their tokens/coins. Actually tokens/coins will not dumped by bounty hunters if rewarded with ETH or BTC. 

[santouao]

A lot of big effects tru the project as investors will assure the tokens will not be dumped after listing and it will not be killed after listing as we know bounty hunters has been res for token dumping but i think they are not i see investors dump price also,so to assure bounty hunters and investors will benefit the project must lock a payment on bounty hunters and project will benefited more about this as investors will be attracted to join the project.so the developers and managers must think about it.

[posi]

Bounty payments do not have any big influence on the project. Only ICOs with a very weak team management, can allow a price drop after exchange listing. There were so much examples of hunters getting real money, without any price drops after the listing.

In addition to what you said, I don't any reason why 7% which was the highest allocated token pay for bounty hunters this days will affect the price of a project after exchange listing but what most project owners ignore is that what usually lead to the dump in price of project after exchange listing are causes by the early miners.
Like you said only ICOs with weak team management are the project that usually dump in price after exchange listing.

[jademaxsuy]

Yes in fact ico coins and tokens are undervalued after it gets listed. Only few of the project had succeeded to increase their coins and tokens after listed in an exchange.

Bounty payments are relatively smaller shares but it is essential in promoting the project. At first, bounty team are good at bounty hunters but later on some of them will become snobber knowing that their ICO period is almost done and bounty hunters work is not anymore.important to them. Sad reality!

[GhostWithin]

Yes in fact ico coins and tokens are undervalued after it gets listed. Only few of the project had succeeded to increase their coins and tokens after exchange.

Bounty payments are relarivyely small.comprelares to other jobs.

Well, participation in the bounty does not require much experience. After 2017, many people became greedy, they want to earn thousands of dollars from one project, which they chose almost at random in 5 minutes.

[anatolij.shishkin]

Yes in fact ico coins and tokens are undervalued after it gets listed. Only few of the project had succeeded to increase their coins and tokens after exchange.

Bounty payments are relarivyely small.comprelares to other jobs.

Well, participation in the bounty does not require much experience. After 2017, many people became greedy, they want to earn thousands of dollars from one project, which they chose almost at random in 5 minutes.

We are all hungry. Because many projects offend us and do not give rewards. We have to work hard on the topic of projects that pay at least on paper.

[jigawagawa]

The effect isn't as bad as most people see it, reason being that most developers usually set funds aside to use in repurchasing the tokens given out. So it doesn't really have an adverse effect as many people think.

[miklesm]

Many people think Bounty hunters are dumping the price, but if you look at the allocation of the tokens, you can see that hunters are usually getting less than 5% of the total amount, which do not have a big impact on price. Anyway, the best option for the project is to make payments in BTC or ETH.

[Everglow]

This depends largely on the project. If the project is really good and has enough financial resources, actually the money for bounty is quite small compared to their capitalization. Many projects still succeed despite paying a lot of rewards for bounty hunters.

[Muzika]

Many people think Bounty hunters are dumping the price, but if you look at the allocation of the tokens, you can see that hunters are usually getting less than 5% of the total amount, which do not have a big impact on price. Anyway, the best option for the project is to make payments in BTC or ETH.

Therefore the one who will blame for it,is either the investors and the team behind it because technically they are the one who has a great control to the token due to having a huge allocation for them. I also think that eth and btc must be the primary mode of payment and the team must convert their coin to either btc or eth if they are going to pay participants so that it wont affect the price of their coin too much.

[semobo]

Bounties are indeed for a project to get succeed but most of the projects were blaming bounty hunters for dumping it,if they dont need dumping they should pay in bitcoins.

[thesmallgod]

The problem is not only hunters fault but also project dev. They always want cheap means of getting their token marketed and that is while they choose to pay hunters using token. Some of them do not have enough capital to build a well functional site not to talk about getting promotions. We have seen in the past where project decide to pay hunters in btc just like few ones on the services section but bulk of project prefer token

[ParabellumLite]

Bounty payments do not have any big influence on the project. Only ICOs with a very weak team management, can allow a price drop after exchange listing. There were so much examples of hunters getting real money, without any price drops after the listing.

Exactly, ICOs are not really potential, not many investors will make ICO quickly dumped when listed on exchange. The number of tokens that bounty hunter receives is very low and is only a part of ICO's price decrease

[Osayo]

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"

If you are going to invest with the mindset of long term holding, then you shouldn't be bothered about the few tokens that will be dumped by bounty hunters.

[ameliana]

This depends largely on the project. If the project is really good and has enough financial resources, actually the money for bounty is quite small compared to their capitalization. Many projects still succeed despite paying a lot of rewards for bounty hunters.

it all depends on the team managing the project because they really know the condition of the project itself.
for example, the hardcap ICO at this time does not guarantee that the project is successful because of a variety of things so we really have to choose a project that has a good team that can manage the project well even if it does not have large funds.
so big or small prizes don't really affect the success of the project.

[zarintasnim]

Bounty hunter sale their token low price. They sale all time low price their token. It never bring any effect of this project. Payment of bounty hunter of ETH. Its a very good idea.

[Nasonn]

Projects should create utilities for their tokens that way the price will always be high, blame shouldn't be put on anyone who wish to sell his earned tokens at the current market price. Bounty hunters are working and most have financial needs to meet which they can only do by selling the tokens they earned from promoting an ICO.

[Korkorjkk]

I agree with you definitely. Since bounty hunters are working to be paid, paying them in Ethereum or Bitcoin is a better way to prevent them from dumping the tokens given to them. On the part of bounty hunters too, they will not have to wait for a long while before they can exchange the tokens.

[jvper]

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"

The problem is the companies ahave been collecting much less ETH than they used to, so they don't have ETH to spare on bounties. They gotta pay with tokens and this is probably unavoidable.