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Author Topic: What if the ICO projects pay the bounty hunters in bitcoin only?  (Read 2302 times)
Kang Bahar
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December 27, 2018, 01:11:29 PM
 #221

The bounty payment method using Bitcoin (or Ethereum) is a good idea. But with a note, the related project uses a trusted escrow agent to avoid bounty participants not being paid from their hard work.
Besides that, this method can also prevent the bounty hunters from dumping an ico coin/token in the market.
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December 27, 2018, 01:11:56 PM
 #222

Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?

I think this thing sound like be reasonable but it is hard to become the reality because projects just want to get Bitcoin or Ethereum as much as possible and spend risk part for investors and bounty hunters

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December 27, 2018, 01:55:34 PM
 #223

What you are telling was being done in before ICO was introduced , their was bitcoin or eth payment system only was follow in bounty. But when they started to take investment and selling their token or coin in ICO way, they stopped paying in btc and eth and started to pay through their own token / coin. This way they secured their investment and left their coin to bounty hunters and dont care about it.

It will be good option if they start back the old system of Project investment system and bounty system.

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December 27, 2018, 02:14:16 PM
 #224

I would like to participate in such a project! Pay Bitcoin or Ethereum is a great idea. In this case, the bounty hunters will benefit and be safe, because some coins appearing on the stock exchange immediately depreciate.
I also think so, not worried about the price that plummeted after the ICO is completed. This positive thing that will make the ICO with the method of payment will be flooded with so much bounty hunter.

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Nolimitz84
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December 27, 2018, 04:07:39 PM
 #225

Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
No company that issues its tokens will agree to such a step.On the part of the bounty participants, it seems to me even better to get paid for work in tokens.Just many of them will be able to give x.Accordingly, the more tokens In your wallet the more likely you are to get more profit.One problem with tokens is a very frequent lack of listing on exchanges. If you receive payment in tokens, there is no guarantee that the token will be sold. If all projects immediately after the bounty were listed on the exchanges, this would be very cool.



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December 27, 2018, 04:11:24 PM
 #226

I also think so, not worried about the price that plummeted after the ICO is completed. This positive thing that will make the ICO with the method of payment will be flooded with so much bounty hunter.
if all ico pay the bounty hunter with usdt or btc even eth I think the campaign must have restrictions on participants. I have participated in several campaigns where participants were limited and the results were also very satisfying despite the payment of the ico coins.

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December 27, 2018, 04:15:18 PM
 #227

I think there is no difference what kind of currency will have to receive payment bounty hunters, it is much more important that the project after the end of the ICO could redeem their tokens from the bounty participants, then this will help to have a token price at a high level.
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December 27, 2018, 07:53:17 PM
 #228

if the payment is only bitcoin, maybe the bounty hunter will not bother having the income from the tokens / coins they get, and maybe if you use the paid bitcoin rewards that are offered stable but you could say a little in my opinion
m0Ray
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December 29, 2018, 12:11:16 PM
 #229

This is a very bad idea. Since the founders of the ICO will have to spend large resources to reward bounty hunters. Consequently, the people who invested in this project will suffer huge losses. It is best to analyze well in the project in which you are involved. And wait for the price of altcoins to rise.
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December 29, 2018, 12:29:25 PM
 #230

Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?

All bounty hunters will go for this kind of ICO, everybody wants to get paid for Bitcoin and Ethereum, but unfortunately, there is no campaign that pays Bitcoin and Ethereum, even a coin that is already in the market, might as well go for new coins that already in the market if there is one.

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December 29, 2018, 03:55:23 PM
 #231

Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?

It is not a bad idea, it maybe a good idea for both hunters and ICO companies. In ICO company side, If they paying with bitcoin or eth, they won't worry about the price of their token because the hunters won't dump their token at below ICO price. In bounty hunters side, they will know that they will get a fix reward without worrying about the price of the token they want to sell later.
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December 29, 2018, 04:40:20 PM
 #232

obviously, this will make all bounty hunters happy and more eager to work, but the bounty manager must be more strict in regulations so that no one cheats with some bot accounts. I really hope that both the ico and sto projects do this  Kiss
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December 30, 2018, 08:11:16 PM
 #233

Why should they pay bounty hunters when the projects fails. When the project fails they walk away saying the project is canceled who cares the bounty hunters.
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December 30, 2018, 08:22:43 PM
 #234

Most projects do not pay bounty hunters in bitcoin and ethereum because the fact is that those projects do not have the funds to pay for such payments so they go with what they do have.

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December 30, 2018, 08:24:16 PM
 #235

Paying bounty hunters in native tokens is a strategic move because it helps create more holders of the token and additionally, this would create more liquidity when they decide to go on an exchange.

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December 30, 2018, 08:51:28 PM
 #236

No matter the amount a coin is sold before lunching on exchange, there is no guarantee it will sell above or even at same price after listing. Most times, people blame it on bounty hunters. So if hey think bounty hunters are the ones at fault, then they should be paid in another currency in the market.
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December 30, 2018, 08:55:47 PM
 #237

Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
I think that it will be only good for bounty hunters because ICOs have to spend their raised funds to pay bounty hunters. But if the ICOs send them tokens, they do spend single dollar on it Wink.

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December 30, 2018, 09:23:45 PM
 #238

This seems very difficult to implement. Project owners always want to pay with their coins. So we see that very few bounty programs pay by BTC, ETH or USDT.
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December 30, 2018, 10:56:51 PM
 #239

Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?

At the falling market, it's better to pay with ETH and BTC! At the growing market, it's better to get money in tokens to increase the chance of finding a worthy project! But I'll be glad if projects pay what they've promised.
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December 30, 2018, 11:10:42 PM
 #240

That's a good idea. I'm very happy if the developer pay us with btc instead of their token, cause usually when it comes to exchange, their token value is surprisingly dumped hard. And if they pay us with btc, the price is at a good rate.

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