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gabbie2010
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June 05, 2020, 12:46:31 AM |
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I know this have been discussed several times on this forum but yet I will like to drop this again, I'm sure few new developers are among us here, so here we go
It will be a whole new story if new projects can start paying bounty hunters in USD or stablecoin, this have few advantages over paying with your own tokens, if new projects find it as a most for people to try out their new Blockchain they should use airdrops instead, airdrops has the lowest rewards, hardly to get 2$ in airdrops today
As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
Many bounty hunters don't even bother with the token they are being paid with in as much as they participated in many bounty campaigns especially social media campaign they always feel that they will surely get some bucks from the listed tokens that is why ICOs will always capitalize on that situation to get cheap promoters even in the project fails bounty hunters are the loser, this is another good reason to always join already listed coin bounty campaign to be assured of payment. |
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bayudndy
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June 05, 2020, 06:40:13 AM |
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There have been several projects that have been implemented this way, but it is not very effective. Their budgets are too low for their tokens, so bounty hunters won't get too much money from those projects either.
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gaston castano
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June 05, 2020, 07:44:25 AM |
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how is it possible they will pay with a stable coin if they are still raising funds for their project.
the only good reason is that if their project is assured of great success, they will not doubt it.
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Farma
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June 05, 2020, 08:23:58 AM |
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how is it possible they will pay with a stable coin if they are still raising funds for their project.
the only good reason is that if their project is assured of great success, they will not doubt it.
I also support this, however, it will be fun for both parties. it's just that, it seems that there are certain factors that make developers not pay using stable points, or existing coins. however, they will still pay using their tokens if they make a bounty. I assume that this aims to increase trading volume. |
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Zazzu
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June 05, 2020, 08:36:25 AM |
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how is it possible they will pay with a stable coin if they are still raising funds for their project.
the only good reason is that if their project is assured of great success, they will not doubt it.
Exactly like that, if they had money in the first stage then I think they did not need to create a bounty to attract investors. Sometimes we see bounty being paid in BTC or ETH, but these are projects that have been successful in the market and are listed at exchanges. |
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lillobo
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June 05, 2020, 09:26:57 AM |
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Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some "stable" asset or basket of assets. stablecoins, such as Basis Protocol, are not a good idea, they can be good investment opportunities.
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Vohoanghiep
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June 05, 2020, 09:35:48 AM |
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Your idea is quite good and is what every bounty hunter wants. However, if it has laden the project then I think they do not have enough capital to pay the hunter enough. On the contrary, if there is a project like what you said, I am willing to participate in it.
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torrantz
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June 05, 2020, 09:48:16 AM |
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how is it possible they will pay with a stable coin if they are still raising funds for their project.
the only good reason is that if their project is assured of great success, they will not doubt it.
The problem is they will always pay you at the end of campaign or crowdsale and that means they have been getting the funds to pay using their small money and that's nothing compared with multi-million dollars that have already raised from the crowdsale. |
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IamAltcoinfan
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homt.net
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June 05, 2020, 11:01:23 AM |
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Some of the projects in services section in signature campaign giving USD equivalent of BTC . It depends on project budget some project spend money more promoting their project . Most of the projects distributing their own token because of uncertainty of ICO success . If team is good , Project is really solving the problem then definitely we can consider that kind of project for Native token or Coins . AS you mentioned stable coins concept is good but ICO team should have budget . We cant expect this from all the projects.
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Pumuckel21
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June 05, 2020, 11:54:06 AM |
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Your idea is quite good and is what every bounty hunter wants. However, if it has laden the project then I think they do not have enough capital to pay the hunter enough. On the contrary, if there is a project like what you said, I am willing to participate in it.
I share your opinion. So I think that stable coins would be great for bounty hunters BUT mainly the ICO do not have the funds to pay you in stable coins, due to the simple reason that they are doing a fundraising. Maybe this would be an option for already more established projects. |
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Deeshawn
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June 05, 2020, 01:25:14 PM |
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Your suggestion is good but am sure it will be very hard for many project to follow because many are not willing to pay hunters reasonable amount of dollars so they will prefer paying with their token that is worthless on exchange than paying with usdt, btc or eth. Ever since I started hunting just few project has paid with Usdt, eth, btc, Tron, xlm etc. I look forward to see many upcoming project doing same aswell.
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shaheer001
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June 05, 2020, 02:00:36 PM |
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All bounty hunters want to get rewards in stable coins or in BTC, Eth even in XRP, some have paid it but the project which have paid it is already stable project and listed in good exchanges, New project never wants to pay in stable coins.
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tiang_tower
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June 05, 2020, 02:18:04 PM |
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That is not going to happen man. Only bounty hunters would benefits from that, coin dev wouldn't.
Yes, indirectly dev is clearly not going to be profitable, because most new projects only promote their own tokens, but for the wages of bounty hunters I think it's also not wrong if dev applies payment in the form of stable coins. |
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TheICE007
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tozex.io
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June 05, 2020, 02:23:23 PM |
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I think I understand your point of view, especially in situations where they feel bounty hunters dump tokens,so in other for them not to get that feelings,they should pay with other trading coin but the major problem now is that they need profit and also assuming they don't have enough fund, the only thing left would be paying with their token.
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Questat
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June 05, 2020, 02:28:42 PM |
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Some projects are doing this but majority just can't pay stable coin for the bounty promotion due to budget problem, they have a tight budget and they know that paying bounty hunters with stable coins will require them money to cash out.
The usual scenario for the crowdsale is that they hire people to work for them in promoting the project, and whatever they collect, they'll allocate something for the bounty hunters, if they will pay USDT or other stable, coin, they need to have a good budget prior the crowdsale.
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BitcoinTurk
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June 05, 2020, 02:34:57 PM |
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Unfortunately, it seems funny to see that payments are made with stable cryptocurrencies in Bounty campaigns. The projects organize these campaigns and to promote their own cryptocurrencies. For this reason, reward distributions pay through their cryptocurrencies. Also, I would like to remind you that the rewards will be very low if the payments are made with stable cryptocurrencies. Of course, guarantee earnings will be a lot better, but I think it is not necessary to spend a few hours to earn just a few dollars.
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criket
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June 05, 2020, 02:47:29 PM |
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That is not going to happen man. Only bounty hunters would benefits from that, coin dev wouldn't.
Yes, indirectly dev is clearly not going to be profitable, because most new projects only promote their own tokens, but for the wages of bounty hunters I think it's also not wrong if dev applies payment in the form of stable coins. it will be very good, but they have to think about the number of participants following the allocation. because if you only have a small allocation, the participants should be limited from the start. so as not to cause disappointment from the participants. because with payments like that of course the interest of the bounty hunter will be very large to be able to join. |
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Lantind
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June 05, 2020, 03:11:00 PM |
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it will be very good, but they have to think about the number of participants following the allocation. because if you only have a small allocation, the participants should be limited from the start. so as not to cause disappointment from the participants. because with payments like that of course the interest of the bounty hunter will be very large to be able to join.
True, I agree that projects that provide small allocations limit participants who enter there, because this will also give a little satisfaction to the participants who joined from the beginning, but so far not many projects have thought about things like this. |
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omnik
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June 05, 2020, 03:26:28 PM |
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it will be very good, but they have to think about the number of participants following the allocation. because if you only have a small allocation, the participants should be limited from the start. so as not to cause disappointment from the participants. because with payments like that of course the interest of the bounty hunter will be very large to be able to join.
True, I agree that projects that provide small allocations limit participants who enter there, because this will also give a little satisfaction to the participants who joined from the beginning, but so far not many projects have thought about things like this. The problem is if will it be effective for the project? The projects were also looking for more people to promote their platforms. This is still a big question that needs to be answered. The stable coin payment for the hunters is a good idea for sure. |
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Golftech
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June 05, 2020, 03:26:55 PM |
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it will be very good, but they have to think about the number of participants following the allocation. because if you only have a small allocation, the participants should be limited from the start. so as not to cause disappointment from the participants. because with payments like that of course the interest of the bounty hunter will be very large to be able to join.
True, I agree that projects that provide small allocations limit participants who enter there, because this will also give a little satisfaction to the participants who joined from the beginning, but so far not many projects have thought about things like this. It won't help that much from the part of the project as bounty participants are not that large to promote limiting the numbers also limits the amount of reached that the bounty hunters can interract with. It's better to plan both sides and weight the value of the bounty for the success of the project. Giving the participants decent rewards together with the value of the project that being introduced. |
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