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Author Topic: Bounty Rewards- Stakes based or fixed tokens allocation based  (Read 19608 times)
forexandcryptoauditor (OP)
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February 12, 2019, 07:01:09 PM
 #1

Hallo everyone,

Now a days I am seeing many projects are running their bounty program not with stakes based but with fixed tokens allocation for each campaign per week.
I see, from bounty Hunter's perspective not good reward system as we receive less tokens. Even though the number of participants are less, there is no chance to get higher rewards, which is possible with stakes based allocation.
What are your views on this?
Thanks.

bigcash2011
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February 12, 2019, 07:40:07 PM
 #2

You are absolutely right i have also noted this, fixed reward per task or campaign is usually very low so that is generally not worth it while in stakes system we can receive decent rewards especially when we have low number of participants in a campaign.

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February 12, 2019, 09:14:12 PM
 #3

I think the fixed amount system is good because you know how much you are getting and they are more likely to pay out. Often if there aren't enough participants they will change the amount anyway or refuse payment

Ronaldcoin2017
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February 12, 2019, 09:31:03 PM
 #4

I think it is better to go on to stake based, because stakes base is pair on the bounty company, because we don't know how much token sold in the token sale so i think ifbit is stakes based the token will formally divided by its respected allocation. While in token base we don't know if it will be formally decided by allocation due to the unpredictable market condition.
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February 12, 2019, 09:48:06 PM
 #5

Hallo everyone,

Now a days I am seeing many projects are running their bounty program not with stakes based but with fixed tokens allocation for each campaign per week.
I see, from bounty Hunter's perspective not good reward system as we receive less tokens. Even though the number of participants are less, there is no chance to get higher rewards, which is possible with stakes based allocation.
What are your views on this?
Thanks.
Honestly applying other methods never worked in bounty industry and giving fixed reward doesn't look like good idea. Stake based distribution will be more fair and affordable than solving problems which created by crying bounty hunters who look for justice. Bounty programs are not profitable as in old years,so theme dies slowly.
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February 12, 2019, 09:48:59 PM
 #6

I think the fixed amount system is good because you know how much you are getting and they are more likely to pay out. Often if there aren't enough participants they will change the amount anyway or refuse payment
But if duration of the bounty is only brief, then we will only get a few tokens, but if duration of the bounty is very long, sometimes I think it's more profitable, but here I prefer calculation every week using stake.

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February 12, 2019, 10:10:45 PM
 #7

Hallo everyone,

Now a days I am seeing many projects are running their bounty program not with stakes based but with fixed tokens allocation for each campaign per week.
I see, from bounty Hunter's perspective not good reward system as we receive less tokens. Even though the number of participants are less, there is no chance to get higher rewards, which is possible with stakes based allocation.
What are your views on this?
Thanks.

Either stake based or fixed tokens  format, it doesn’t mean low income or high income
What wins more stakes or tokens weekly is the level of participation

Social media always earn little, atleast 80% of projects
Tey content  and observe the increase in stakes for you
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February 12, 2019, 10:14:45 PM
 #8

Fixed amount is better than unfixed. At first this helps you decide on participation. In others, a new revolution began to reduce the bounty reward. I know that the fixed amount is often small, but better than unknown and changeable reward.
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February 12, 2019, 10:26:53 PM
 #9

Firstly, you should understand that both have their advantages and disadvantages. Once you consider this, you can then chose if you should pick one over the other. Stake based bounties could be highly profitable if lesser participants enrol for the said bounty but could be highly disastrous if there are too many hunters involved. In this case, fixed token bounties could be the key because, irrespective of the number of hunters, the tokens are fixed.
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February 12, 2019, 10:36:05 PM
 #10

Having fixed reward is much better than to have stakes allocation. But what's important with this rewarding system, are they really going to pay? Bounty hunters doesn't really care anymore with the amount of stake or fixed token they are about to receive after the ICO but they even care more about the distribution process.

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February 12, 2019, 10:39:18 PM
 #11

I always wanted to participate in the project with stake-based distribution, and I think this is one of the great calculations. But for projects with a large number of participants sometimes I hope that the token can pay me.

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February 12, 2019, 10:55:35 PM
 #12

Hallo everyone,

Now a days I am seeing many projects are running their bounty program not with stakes based but with fixed tokens allocation for each campaign per week.
I see, from bounty Hunter's perspective not good reward system as we receive less tokens. Even though the number of participants are less, there is no chance to get higher rewards, which is possible with stakes based allocation.
What are your views on this?
Thanks.

Fixed salary gives you an opportunity to know how much you will receive
So you decide to participate or not
But there is a negative side of low salaries and loss of big opportunities if the number of participants is lower

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a4techer
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February 12, 2019, 11:22:49 PM
 #13

I've  also experience  this that the promise token and for the exchange was different  it is triple lower that the promise exchange so we don't  know what are their bases on the stakes calculation that converted on tokens. In your opinion instead of token that display on the spreadsheets why they choose stakes and converted at the end.
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February 12, 2019, 11:37:48 PM
 #14

Fixed amount is better than unfixed. At first this helps you decide on participation. In others, a new revolution began to reduce the bounty reward. I know that the fixed amount is often small, but better than unknown and changeable reward.
but most of platforms are using fixed tokens allocation this time. There was a lot of change in the bounty allocation and anytime it will remain the same. In this time some platforms were offering big allocation for bounty to create noise in the community

 
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Ini35
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February 12, 2019, 11:47:51 PM
 #15

Some projects team or managers intentionally do this,knowing fully week that there will still be more than enough tokens left. To campaigns of this nature, they usually allocate huge amount to attract bounty hunters,but at the end, the amount the bounty participant will get will be fixed.
Sometimes,i t could've advantage to lower rank members, such as Jr. Member, because when using stakes based reward, the higher rank members, usually get most part of the allocation.
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February 12, 2019, 11:59:17 PM
 #16

The problem : they cut the amount of allocation and give lower than what they promise. It is the problem in stake based reward that I ever found currently. I saw some bounties did it suddenly after the program ended. It is absolutely unfair. So, for me, it is a better stride if there are many new bounties running their program with fixed amount of tokens nowadays.   

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February 13, 2019, 12:02:10 AM
 #17

Hallo everyone,

Now a days I am seeing many projects are running their bounty program not with stakes based but with fixed tokens allocation for each campaign per week.
I see, from bounty Hunter's perspective not good reward system as we receive less tokens. Even though the number of participants are less, there is no chance to get higher rewards, which is possible with stakes based allocation.
What are your views on this?
Thanks.
I doesn't mean that those bounty campaign which are not run on stakes bases but with fixed allocated tokens are not always bad or cheat bounty hunters by any chance and what bounty hunters have to do in such occasion is knowing the worth of the allocated token in USD and do research about the project which will guarantee if the rewards will worth joining the campaign.

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February 13, 2019, 12:26:07 AM
 #18

The problem : they cut the amount of allocation and give lower than what they promise. It is the problem in stake based reward that I ever found currently. I saw some bounties did it suddenly after the program ended. It is absolutely unfair. So, for me, it is a better stride if there are many new bounties running their program with fixed amount of tokens nowadays.  
of course they cut the allocation because some reasons such as hardcap were not achieved because they did't want coins for bounties to be bigger or equivalent to the coins that investors get
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February 13, 2019, 12:42:44 AM
 #19

This is a technique to reducing the bounty pool i think my thinking is absolutely right. Because suppose which campaign budget is 2 million worth token but some few people’s enrolls that's means weekly basis token count is bullshit for hunters. But after finish ico and when listing in exchange you guys never will be get nothing. Stakes based token allocation fine.                 

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karagun125
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February 13, 2019, 12:45:32 AM
 #20

I think it is better if the rewards per week would be base on stakes. Because if its in tokens, it is fixed and no one knows its price on the exchange and in the long run it could just give a very low value on the exchange.
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