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Author Topic: What if the ICO projects pay the bounty hunters in bitcoin only?  (Read 2186 times)
Priyank9871
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December 03, 2018, 08:04:56 AM
 #81

yes you are right, it is always a good idea if they pay in btc or eth, but if bounty hunters promote the projects so usually projects wants they should give project tokens , as its help to increase the supply. because you promote the project token not btc or eth.
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December 03, 2018, 08:05:43 AM
 #82

Payments for gift recipients using Bitcoin and Ethereum will be an extraordinary attraction. And regulations will be stricter and participants will be limited. I saw yesterday there was a project that was paid to use Ethereum and that was very profitable.
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December 03, 2018, 08:20:58 AM
 #83

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 agree with you some level still ICO is for fund-rising. You cannot expect people to have big money to pay for all their needs including bounty hunters. Just think about the reverse progress. Instead of enforcing a project to pay in bitcoin why not you choose a  right project so that you will never get disappointment for your participation in bounty programs.

In my opinion, this forum and how ICO projects are working like everything is as per the general world's norms and  and regulations. I mean if you are ready to risk blindly then you may get scammed at any time. At the same time, if you do all your research and then if you go for risking your efforts then you will get big rewards.

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vanya.pronin.1983
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December 03, 2018, 08:24:44 AM
 #84

It would be a great alternative and it does not need to be BTC. It would be great if the teams would pay hunters with stable coins or with the most popular crypto currencies to avoid the coin dumps.
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December 03, 2018, 09:00:24 AM
 #85

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?
Well, for me as a bounty hunter I like this idea and I am thinking of this before. I actually am part of a bounty campaign that pays both Bitcoin and the projects token which will make them a more legit projects out there. We are paid half in Bitcoin/Ethereum and half in tokens and that was a great experience safe for bounty hunters part. I prefer projects that undergo that kind of payments in their bounty programs and I hate those projects that requires KYC because at the end of the day tokens could be worthless.



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December 03, 2018, 12:54:35 PM
 #86

It would be a great alternative and it does not need to be BTC. It would be great if the teams would pay hunters with stable coins or with the most popular crypto currencies to avoid the coin dumps.
You are talking for the devs whereas OP is concerning about avoiding disappointment after participating in to bounty programs. I mean dumping after the distribution of reward is not a problem here but lots of bounty programs have scammed the participants and we need proper action for that so that we can save this forum as well as altcoin industry. I too guess we must enforce all the bounty programs to be in BTC or in ETH.
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December 04, 2018, 07:15:50 AM
 #87

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?
Well, for me as a bounty hunter I like this idea and I am thinking of this before. I actually am part of a bounty campaign that pays both Bitcoin and the projects token which will make them a more legit projects out there. We are paid half in Bitcoin/Ethereum and half in tokens and that was a great experience safe for bounty hunters part. I prefer projects that undergo that kind of payments in their bounty programs and I hate those projects that requires KYC because at the end of the day tokens could be worthless.
I am also not against KYC. But the scammers are introducing KYC at the time of distribution of bounty rewards. I do really hate that. Because they must clear their stand on KYC well in advanced like in the beginning of the program itself. Introducing KYC in the middle or at the end definitely is a way of scamming the bounty hunters. I just wonder why this forum is not taking proper action about this kind of scammers.
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December 04, 2018, 07:26:48 AM
 #88

If ICO gives a prize in BTC altcoin will not appear, and this will certainly be very expensive and make the team more selective in accepting participants. Surely the ICO will mine continuously so it runs out of supply.

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December 04, 2018, 07:37:13 AM
 #89

          For bounty hunters it would be a good idea to pay for their work in Bitcoin or Ethereum. But this idea seems harder to apply nowadays, because the reward provider of the project you are participating in, wants to create a community that owns their currency. This makes it difficult to believe that this can happen because it would not be to the benefit of the project and the project manager.

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Omela44
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December 04, 2018, 07:58:06 AM
 #90

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?
That would be the best thing that could happen. I would certainly participate in such a bounty campaign. Paying in bitcoin or ethereum would just be fairer to the bounty hunters and the investors do not need to be afraid that bounty hunters are dump their tokens. I hope some good projects pick up on this idea.
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December 04, 2018, 08:04:21 AM
 #91

a pretty good because the discourse naturally with paid with bitcoin is certainly easy to sell or already have a guarantee that the coin was worth. but it will need considerable funds from the organizer's bounty because certainly need huge funds to allocate bitcoin as payment. and of course, other destinations from paid with coins ICO is a way for promotion as well.
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December 04, 2018, 08:40:32 AM
 #92

Yes this is good. I have met such projects that ETH paid me, but haven’t yet seen who would pay at BTC. It would be cool if all the projects did that.

Agree with you . I also received an award at ETH and for me it was very convenient
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December 04, 2018, 08:44:13 AM
 #93

I think it would be very good, it will attract more bounty hunters to get involved in the projects and help with marketing, spread the words about projects to more and more investors, more investors know about the project, more money they will receive, it's a win-win situation when both sides are happy.

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December 04, 2018, 08:46:28 AM
 #94

Why are the ICOs do need make this? You are taking part in bounties to earn perspective tokens, even before these coins are going live on exchanges. This is the core idea of bounties, and I think ICOs should not change it.
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December 04, 2018, 09:16:54 AM
 #95

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?
That would be the best thing that could happen. I would certainly participate in such a bounty campaign. Paying in bitcoin or ethereum would just be fairer to the bounty hunters and the investors do not need to be afraid that bounty hunters are dump their tokens. I hope some good projects pick up on this idea.
I participated in only one project with such payment. Payment really was very small. As for investors, I believe that it is the early investors who are derailing the price of a coin! Hunters receive 1-3% of the issue of the coin and not all sell it at once. But buying a coin at 40-50% cheaper than the stated price ... there is much to throw the price. If companies do not at the early stages attract such investors-traders, then I am ready to receive my payment in tokens. Although, of course in a stable crypto is more reliable
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December 04, 2018, 10:15:09 AM
 #96

I heard 4-5 months back about a project that pays in bitcoin but did not remember the project name. I could not participate in that project because the limitation of the bounty hunter such kind of bounties requires limited no of participant. Even I believe if we get fix money in btc rather than coins it would be beneficial for a project to avoid the dumping of coins as most of them always blame bounty hunters for dumping. If we receive bitcoin/ethereum as a reward from new ICOs certainly they can gain back the trust they lost by paying valueless coins. I agree with your thoughts of paying in eth/btc.

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December 04, 2018, 10:40:29 AM
 #97

I keep searching and joined that kind of bounty if it exists this days because that is the best for me than our regular bounty reward the ICO tokens because we don't need to wait for it to be listed on exchange, instant income and fix.

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December 08, 2018, 07:56:58 PM
 #98

They cannot do that because they do not have the money that they are paying the bounty hunters, they are using their tokens to pay in the hopes that their coins is going to do well. I don't think that there are any bounties that are still paying out in bitcoin, they cannot afford to do so. They can only do so with their coins and hold it from the bounty hunters

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December 08, 2018, 08:14:21 PM
 #99

I wish it would have been very possible, I would have love it, but the actually truth is that it's not really possible, because I don't think the team would want to use the project fund contributed by the community members and pay the hunters,
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December 08, 2018, 08:20:25 PM
 #100

I have asked this question many times too. Why not pay hunters in Eth or Btc? The ICO team are very selfish and don't care about their tokens value. That is why they dish out loads of their coins to bounty hunters but keep their eth or btc safe in their hands alone. As a result when bounty hunters need to get their rewards, they sell the tokens at dirt cheap prices, thereby devaluing the coins

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