Bounty Projects Paying Out in Bitcoin or Ethereum Instead of Bounty Native Token

[lizarder]

if bounty payment is replaced with bitcoin, ethereum, native token is good it's just that the reward is very little and of course I prefer to pay with tokens, and I think just ignore them or maybe you can show that you are a holder by holding the token bounty because according to I will be good and will reduce the assessment of people that you are a dumper

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[bustedsynx]

It depends. As a bounty hunter, you want to get paid in Bitcoin or Ethereum if the coin project looks shaky but those people are the ones who shell out gazillions of tokens.

On the other hand, you want to get paid in tokens if the coin project has well known devs or all-star backing from prominent coiners, they usually pay small and in BTC. 

[Cryptoboss255]

Honestly the rate at which project teams blame bounty hunters for dumping token price is glaring and I wish payment on Ethereum and Bitcoin will be better.

[Mahanton]

It depends. As a bounty hunter, you want to get paid in Bitcoin or Ethereum if the coin project looks shaky but those people are the ones who shell out gazillions of tokens.

On the other hand, you want to get paid in tokens if the coin project has well known devs or all-star backing from prominent coiners, they usually pay small and in BTC. 

You cant still say that because there were projects do give out decent BTC pay into their bounties and turns out to be a legitimate project later on.
Amounts allocation doesn't correspond with Projects success but I do always prefer on receiving top alts and BTC when doing task or campaigns than on
tending to received hundreds of thousands of amounts worth of shitcoins that doesn't have any value yet.

[baeva2]

Of course, it would be very good for managers to give rewards to bounty hunters Bitcoin and Ethereum for participating in the bounty, but this will not happen, since this form of payment is disadvantageous to project managers. Projects with payment by bitcoins and ethereum are very rare and not always worthy projects.

[pinkpanther03]

For the fact that many projects in the cryptocurrency ecosystem doing bounties pay bounty hunters in their native tokens thereby blaming hunters for the dump in price most at times. I think it will be more preferable to have rewards paid in bitcoin or ethereum in order to save bounty hunters from receiving blames unnecessarily. I took part recently in a bounty (ANYONE project) and the payment is in btc though still awaiting payment but we're saved from unnecessary bickerings relating to price.
If on this bounty space we can get rewards in these currencies (btc or ethereum) it will do more good because after payout everybody faces their business and it will be left for the project team to see to how value could be added to their token or project as I can term it.

It's quite glaring and painful at the same time, bounty hunters are at the receiving end. In some cases, bounty managers change the rules with utmost disregard to hunters. I partook in a bounty just recently, where the BM was looking for a different excuse to cut down the rewards in their own native token seeing that price of the token skyrocket after their IEO and not allocating the agreed percentage to those tagged successful thereby denying hunters of what should have accrued them.

Any suggestion on the way forward that could be of help to bounty hunters having fair treatment and not be treated as a piece of rag after successful project campaign(s)? I want to learn from others experiences on the forum.

Yeah, I knew this project of ANYONE, this campaign run for 2 weeks only then almost 50% of their signature participants didn't receive the rewards in BitcoinBTC. As I can see with it through their telegram channel, there is an inside job happened or connivance between the BM and the Dev. because I observed that every time the BM will forward the conversation with the developer it never appear if He is really conversing with it, only a word no any name of the DEV he talking too. However, paying out in bitcoin or ethereum as much as possible there should be an escrows and nowadays it hard to find a campaign like that.

[Distinctin]

Of course, it would be very good for managers to give rewards to bounty hunters Bitcoin and Ethereum for participating in the bounty, but this will not happen, since this form of payment is disadvantageous to project managers.

It will only be disadvantageous to them if their project is not attractive, but if it is, they can save on the reward as bounty given in BTC or ETH are lower in value compared to the tokens allocated, bounty hunters in the current market status would prefer getting paid with BTC or ETH as they can assure they can sell it out after their bounty is over.

Projects with payment by bitcoins and ethereum are very rare and not always worthy projects.

This is very rare because most of the projects that tries to run an ICO does not have enough budget, and some of them are just doing it to scam people.
In terms of the worthiness of the project, I believe investors will be more willing to invest in a project knowing bounty are in BTC because they will not be afraid anymore of the bounty dump.

[Dimkpakpa]

Well, since most Devs now complain about Hunter's dumping the price of their tokens, I think the best thing to do is to pay them in a top 10 coin instead of their native tokens

[ishirut009]

For the fact that many projects in the cryptocurrency ecosystem doing bounties pay bounty hunters in their native tokens thereby blaming hunters for the dump in price most at times. I think it will be more preferable to have rewards paid in bitcoin or ethereum in order to save bounty hunters from receiving blames unnecessarily. I took part recently in a bounty (ANYONE project) and the payment is in btc though still awaiting payment but we're saved from unnecessary bickerings relating to price.
If on this bounty space we can get rewards in these currencies (btc or ethereum) it will do more good because after payout everybody faces their business and it will be left for the project team to see to how value could be added to their token or project as I can term it.

It's quite glaring and painful at the same time, bounty hunters are at the receiving end. In some cases, bounty managers change the rules with utmost disregard to hunters. I partook in a bounty just recently, where the BM was looking for a different excuse to cut down the rewards in their own native token seeing that price of the token skyrocket after their IEO and not allocating the agreed percentage to those tagged successful thereby denying hunters of what should have accrued them.

Any suggestion on the way forward that could be of help to bounty hunters having fair treatment and not be treated as a piece of rag after successful project campaign(s)? I want to learn from others experiences on the forum.

a very very good idea for me. Because when we bounty hunters receive a reward in a form of eth or btc, we won't need to sell the tokens anymore from a bounty that can cause the price of it to go lower than the ico price

[Ayiranorea]

Not only for the pumping and dumping factors, using the top cryptocurrencies like bitcoin and ethereum as rewards for the bounty participation gives more visibility to the ico project as majority give rewards with their native token. After a long I came across two Bounty projects paying users with bitcoin and ethereum.
https://bitcointalk.org/index.php?topic=5174766.0
https://bitcointalk.org/index.php?topic=5151668.0

[Ezio_Auditore]

There are very few such companies, about 1% of all bounty companies. It is more profitable for organizations to pay hunters with tokens, which may cost nothing in the future and may not appear on exchanges than to pay real money to hunters.

[Jating]

Not only for the pumping and dumping factors, using the top cryptocurrencies like bitcoin and ethereum as rewards for the bounty participation gives more visibility to the ico project as majority give rewards with their native token. After a long I came across two Bounty projects paying users with bitcoin and ethereum.
https://bitcointalk.org/index.php?topic=5174766.0
https://bitcointalk.org/index.php?topic=5151668.0

Yes, I already saw POLYX EXCHANGE 1st step of bounty campaign. PAYMENTS IN BTC signature prior to the company moving it to the Services section of bitcoin paying campaign. So there are still projects paying out in bitcoin and their native token. But let me remind you that the budget for that project is too small and I can't find if the bitcoin is escrowed or not.

That project will be swarmed by a lot of members looking for a bitcoin paying campaign. So let's see how that project will go and sustain hundreds of members trying to join.

[danggoron]

There are very few such companies, about 1% of all bounty companies. It is more profitable for organizations to pay hunters with tokens, which may cost nothing in the future and may not appear on exchanges than to pay real money to hunters.

If that means the developer is not responsible, they are not serious in running the project. However, bounty hunters have a pretty good role in increasing the number of networks to attract investors.
Most bounties are paid with native tokens, a few tips from me to avoid scams, choose projects with working products and tokens already listed on the exchange, it becomes one of the alternatives because bounties with btc, eth, or other strong coins are very rare and usually participants restricted.

[joseyphil82]

Paying bounty hunters in BTC or ETH works as a way to avoid dumping the project token but i really prefer getting paid with native token,paying with native token to bounty hunters will even give more visibility to the bounty project and i will be able to hold the native token for long tern if the project is very promising.

[masterrex]

I think its better to pay with Bitcoin,Ethereum or any cryptocurrency that already liquid to erased those scilly accusation that bounty hunters is always dumping the bounty tokens after it was listed. So far numerous bounty campaigns was already do these bounty payment in BTC or Ethereum but most of time the allocation is not that big.

[MbakNarti]

You are looking for bounty paying out in Bitcoin or Ethereum?
Here my friend, check this out:

Paid in BTC:
[BOUNTY] POLYX EXCHANGE 1st step of bounty campaign. PAYMENTS IN BTC

Paid in ETH:
[BOUNTY] PointPay.io CRYPTO BANKING ECOSYSTEM (!REWARD $600 000 in ETH!)

Anyway I also participate in Polyx signature campaign too 

[judeafante]

Bounty hunters will line up and choose these bounty campaigns and leave their current campaign that they are promoting if there are bounty campaigns that pay with Bitcoin and other tradeable coins, bounty hunters don't like to wait months and sometimes year for them to trade token that they receive and sometimes these projects are not successful.

There are some ICO campaign that pops up from time to time but their payout is not even worth it, some are only paying $2 to $5 a week in signature bounty campaign

[senin]

Bounty hunters will line up and choose these bounty campaigns and leave their current campaign that they are promoting if there are bounty campaigns that pay with Bitcoin and other tradeable coins, bounty hunters don't like to wait months and sometimes year for them to trade token that they receive and sometimes these projects are not successful.

There are some ICO campaign that pops up from time to time but their payout is not even worth it, some are only paying $2 to $5 a week in signature bounty campaign

Recently, I see more ICO projects that began to be paid to bounty hunters for their services in Bitcoin, ethereum or even Tron. However, of course, payouts in these coins are still a welcome rarity for bounty hunters.
As for the size of such payments, the situation here is getting worse. Many ICO campaigns now really pay their tons of several dollars a week, and sometimes for all participation in the signature campaign. Now we have to calculate in advance the size of the reward, otherwise it may turn out to be purely symbolic.

[mayukus4life]

When I see bounty campaigns that offer bounty hunters millions in their tokens for promotion, I do not like participating in it at all because it is quite obvious that they are just out to scam people, if a project team is not wise enough to regulate the amount of tokens they give out to keep their prices stablez then the bounty hunters who just accepts what is given shouldn't be blamed at all, BTC and ETH paid bounties are good, but the fact remains that many of these projects cannot even afford to pay in those tokens.

As you have stated after allocating such huge percentage for bounties and most times they will even refused paying the tokens as stated at the end of the bounty campaign. Some will come up with flimsy excuses and others lock up tokens or distribute in phases and all these strategies never stop the proposed dump in price.

[bitcoinst]

I think it will be more preferable to have rewards paid in bitcoin or ethereum in order to save bounty hunters from receiving blames unnecessarily.

I will say it many times already and will say it once more, the team doesn't have initial money to fund their project that is why they are launching an ICO to fund it. One thing more, they don't want to risk their own money into a project that is not 100% successful. We know that some of the projects right now are either scam or doesn't reach their soft cap ending in abandoning it.

All right. That is why for projects holding a bounty is the most profitable marketing in terms of costs. If successful, they will pay their tokens, the fate of which will be further decided by the dynamics of the market, in case of failure no one will gain or lose anything, except time, of course .