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Author Topic: Stable coins for bounty hunters  (Read 32418 times)
omnik
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June 04, 2020, 04:17:21 PM
 #41

I think this will be difficult for project developers to do because capital is allocated only for the progress of the project. if the developer has enough crypto money BTC / USDT to pay bounty participants maybe developers will not do ICO / IEO
There are some successful ICOS have already paid the hunters with the stable coins and that gives a positive impact for both parties consider this will help the token to be liquidated and investors will put more trust to the market. They can at least spent small money for that.
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June 04, 2020, 04:24:42 PM
 #42

Not only theoretically, but also in practice, Bounty Hunters is not an investor and their Rewards should not depend on the results of the team’s work on their project and on the price of the token in the cryptocurrency market. Based on this, it would be better for the Bounty Hunters to receive their salary in a stable coin. Ie did the work and received payment. At the same time, no one will blame the Bounty Hunters for the massive sale of coins immediately after listing. But today, hardly anyone will do that. A few years ago, ICO companies often collected hardcaps, and today the amount of investment in new coins is very small, they rarely collect softcap, and no team will give real money to the bounty companies.
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June 04, 2020, 04:42:25 PM
 #43

I personally think adopting the payment of boubty hunters with stablecoins would be very beneficial to both the project and the hunters. However, most projects cannot afford to pay hunters at the commencement of the campaign, hence, they opt to pay using their tokens which they anticipate will be of value when listed.

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June 04, 2020, 05:14:18 PM
 #44

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


I don't think any projects would prefer to pay users using stable coins or any other crypto currencies other than their tokens. I mean, why wouldn't they pay using their own tokens? After all, they wouldn't have to spend any money if they use their own tokens. Also, paying you in their tokens mean they you will be using their tokens.
Not paying them with their tokens shows that they themselves don't have any confidence of the value.
You shouldn't promote or risk your time on projects that you think won't be successful.

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7788bitcoin
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June 04, 2020, 05:32:37 PM
 #45

As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
The basic idea of these projects is not about giving free money in he form of advertising their projects but to promote them and if they can be successful you can get a share of their success and the most important part is they are not keeping money on hand and allowing others to invest.

Hope you understand these things before asking for stable currency. So the answer is no, you are not going to get any stable currency from them as they are here to raise money and not to give out what they are raising Tongue.
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June 04, 2020, 05:35:54 PM
 #46

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


I doubt any project team is ready to pay from their own pocket that is why projects completely stopped bitcoin campaigns.And you can propose this idea to someone who is blaming that bounty hunters are dumping the tokens value once they got it.
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June 04, 2020, 05:47:00 PM
 #47

This would be a perfect idea for the bounty hunters but not so perfect for the projects. Think about it this way, if they give their own coins they are not spending any money at all, they are printing something from zero and it doesn't cost them anything, so they can give as much as they want without a problem since it will not cost them anything, but if they give USDT in return they are going to pay up a lot of money to get attention from the people but going to spend too much money.

However the other side is if they are giving their own token for free it is going to go down a lot when it is on an exchange since bounty hunters will want to be paid and going to sell it, whereas if they give USDT the price of their token will stay up and it will not go down as soon as it hits the exchanges.
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June 04, 2020, 05:58:34 PM
 #48

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


The fact that we cannot expect this from them is enough for the bounty hunters to accept the idea. Also we can't expect much from New project, I found few projects who offered stable coin but after the deadline you will find out that it's a scam. By this I can consider that whether the project is offering stable coin or not are both high risk.

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Dondeon
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June 04, 2020, 06:33:02 PM
 #49

Paying bounty hunters in stable coin might not be too easy now with the state of the market. Most developers are not certain about the future of their project so they cannot afford to lose.

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June 04, 2020, 06:42:07 PM
 #50

it would be an excellent initiative, a good idea to pay the bounty hunters in stable coins, so at least you would have the certainty of a certain gain and not the insecurity of the final value of the tokens of the various projects...

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June 04, 2020, 07:15:16 PM
 #51

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



Lol! How do you expect project team to pay hunters with stablecoin when most of them are desperate to earn money,  any project who's team conduct bounty and pay with btc is because they are serious about the project and trying to protect investors,  many prefer to pay with their tokens because they know they are shit.
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June 04, 2020, 07:25:02 PM
 #52

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


Lol! How do you expect project team to pay hunters with stablecoin when most of them are desperate to earn money,  any project who's team conduct bounty and pay with btc is because they are serious about the project and trying to protect investors,  many prefer to pay with their tokens because they know they are shit.

we can't ask these team to really get into this kind of arrangement but if you as bounty hunters rally together and just stop promoting and be as one. We may b able to force them to comply what bounty hunters are asking.  you know they don't have a choice if they are not going to use the bounty hunters for promotion they will not ever get to have a channel since adnetwork like google adwords isn't accepting crypto ads. its possible that team might care to pay stablecoins. we yet dont know until we try.

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June 04, 2020, 07:25:46 PM
 #53

if so, then you need to notify every prize hunter here to support the project with stable coin payments. in addition, not to promote any new projects or tokens generated from the erc20 platform. I think this is impossible. so, I think as a bounty hunter there are risks to each other but you can still minimize that risk by not promoting a bad project.

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June 04, 2020, 08:05:13 PM
 #54

Hunters can be paid with stable coin because hunters are doing a great job to uplift projects.. With articles, videos, social platforms.. Hunters Will even invite there friends to support a project.hunters deserve something better too. But I just realized teams don't like to pay with stable coin and at the same time want the best from there coin.. It's very sure hunters will dump because that's there means of surviving..

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June 04, 2020, 08:39:50 PM
 #55

I think this will never happen. it is not profitable for new projects to pay with a stable currency until they have made their project popular. I believe that new projects just have to build the right strategy of coin distribution and then we can not worry about the dump of the prices. bounty hunters don't sell good projects

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June 04, 2020, 11:45:58 PM
 #56

-

As for bounties please start paying in USDT, DAI or USDC, this will erase your sense of 'bounty hunters are killing new projects' idea
This is a pretty good idea, so there is no reason to blame the bounty hunter for causing a dump Roll Eyes
We just need to wait for the seriousness of the dev team, are they really committed to determining a good strategy and taking into account the bounty hunter. All must be at risk, if you don't want a risk of dumping due to weak market forces, the dev team must prepare extra money for other payment alternatives.

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June 04, 2020, 11:46:49 PM
 #57

I think this will never happen. it is not profitable for new projects to pay with a stable currency until they have made their project popular. I believe that new projects just have to build the right strategy of coin distribution and then we can not worry about the dump of the prices. bounty hunters don't sell good projects
Why isn't it profitable for the projects when they have raised a lot of money from selling their tokens? that doesn't make sense dude. Some hunters were actually selling their stash when it comes to the good liquidity.
The dev must also think about that too.

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June 05, 2020, 12:04:35 AM
 #58

Stable coins do not exist. Prices are regulated by the market (ordinary people). USDT Just established themselves as a stable coin, so the price is pegged to the dollar
Of course, the exchange can make it impossible to sell a coin more expensive or cheaper, I don’t know if this can be considered
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June 05, 2020, 12:22:25 AM
 #59

I think this will never happen. it is not profitable for new projects to pay with a stable currency until they have made their project popular. I believe that new projects just have to build the right strategy of coin distribution and then we can not worry about the dump of the prices. bounty hunters don't sell good projects
actually there are only a few projects that issue payments in stable coins but the allocation is very little, different from the allocation in the form of coins themselves, but in the future this might be a consideration, to pay bounty hunters in the form of coin stable
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June 05, 2020, 12:30:48 AM
 #60

I think this has been discussed a few times. But the project owner will never know what hunters want and nrver pay with usdt or any other stable coin because almost all the projects are shit and do not have an initial investment too. How can they pay with stablecoin? Also, if they promise to sell token and pay after ICO, they will possibly scam at the end.
The only thing you can do is to avoid all the campaign which pay with token. In this way, it is easy to force the DEV to pay with some established project coin.

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