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Author Topic: Stable coins for bounty hunters  (Read 32361 times)
Waccamaw
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July 07, 2020, 06:07:23 PM
 #221

all tokens that start with airdrop do not last 99% of them die or do not make profits.
cryptocurrencies that control the quantity offered, their prices, or the total number do not allow investors to speculate in the long run.
Everyone who invests is waiting for the opportunity to buy or sell when he finds an appropriate price and will not keep it for a long time.
paying more is better will give you more trusted people with good posts.
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July 07, 2020, 06:16:29 PM
 #222

but in reality not all bounties will pay with stable coins, those who make payments with only projects that already have enough funds, those who don't have enough funds will still pay with tokens
Most bonus programs choose to pay in project currencies because it's free, and the development team almost doesn't lose anything to pay bounty hunters.
Finding a stable cash payment project is very difficult at the moment, most of these projects have very high requirements for participants.


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July 07, 2020, 09:03:26 PM
 #223

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



Why paying in this way when new projects can distribute bounties for free, it costs them nothing to distribute coins created at no cost.


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danggoron
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July 07, 2020, 11:36:07 PM
 #224

--
I respect those Bounties that pays either Bitcoin or Ethereum(or at least other currencies that has already value in exchange)
this is a very fair treatment of Dev to their campaigner because those are the one involved in their success.
Fair, that is the right word. By giving rewards in the form of stable coins, BTC, or ETH, the dev team does not need to worry about maintaining the existence of the price of their coins or tokens if their position is strong. On the other hand, bounty hunters will not be blamed for causing dumps, believe me, bounty hunters actually also want to get their rights but because of the unsupportive situation, they sell immediately.

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July 08, 2020, 06:07:12 AM
 #225

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



Why paying in this way when new projects can distribute bounties for free, it costs them nothing to distribute coins created at no cost.
that's what we have been talking about. they will never spent the native/stable coin and only some trusted project that can easily paid the participants without a lot of doubts use the stable coin as they have another resource.
So many times people were discussing about this too.

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July 08, 2020, 06:23:16 AM
 #226

Those new projects that pay bounty hunters in stablecoin are very sure of themselves, they have no doubt about winning or failing, they knew that their project will become very useful for crypto users, unlike most new projects that are base on try and see, they play so safe that if anything goes wrong they have nothing to lose

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July 08, 2020, 08:14:03 AM
 #227

It will be so convenient for bounty hunters if we can get payment in stable coins, there won't be worries about loss in value of tokens, I've joined be bounties this year that were trading on exchanges but before the campaign is over the tokens lose big value but to say the truth not all project team will be able to pay in USD coins, most of them wont be able to afford it
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July 08, 2020, 08:33:43 AM
 #228

Those new projects that pay bounty hunters in stablecoin are very sure of themselves, they have no doubt about winning or failing, they knew that their project will become very useful for crypto users, unlike most new projects that are base on try and see, they play so safe that if anything goes wrong they have nothing to lose
That's actually a good thing that they are sure about their project, they have no plan b or c or whatever but instead putting all their all and keep going forward no matter the result of the fundraising or maybe they are pretty sure that their project is a good one and will bring huge success. I mean, imagine investing to a project that even the developer himself not sure how good their projects are. but, each project have their own reasoning and system so take this with grain of salt.

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July 08, 2020, 10:05:49 AM
 #229

I think this type of rewards to be given to bounty hunters are just beneficial to them and not for the project owners and developers.
I don't think so, if the project will end up successful, it will be beneficial for both.

Because all they want is to have a new coin and introduce it to crypto world for the listing of their own coin.
The new coin that will be listed will have its value, the coin that will be paid is a stable coin like the usdt, so it would mean that the team will have to ensure they have the funds pior to the crowdsale to pay people who will promote the project, I think the positive side here is that the investors will have their confident to the project as they are seeing that the team are also willing to risk money for the project.

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July 08, 2020, 11:08:41 AM
 #230

I think this type of rewards to be given to bounty hunters are just beneficial to them and not for the project owners and developers.
I don't think so, if the project will end up successful, it will be beneficial for both.


How it will be beneficial for both? Hunters will get paid, but the project will have an expenditure in his balance ? Hunters got instant profit, projects will have it with time (because you say "if" it will end up successful).

When project pays with it own cryptocurrency, it cost nothing for them untill they are listed. They got promotion done for free, with an idea to pay later (when alt is listed). Being listed can be counted as success already, because that means there is a demand on you. But, there are projects that are successfully working, and still havent got their tokens or coins listed.


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July 08, 2020, 11:20:07 AM
 #231

I think this type of rewards to be given to bounty hunters are just beneficial to them and not for the project owners and developers. Because all they want is to have a new coin and introduce it to crypto world for the listing of their own coin.

Yes. If the bounty payments are made in Stablecoins (or even in BTC or ETH), then it will be beneficial for the bounty hunters. But then, they deserve it. Don't you think so? First understand that the bounty hunters are not beggars. They deserve a lot more than the leftovers and thrown at them. If a particular project gets good bounty hunters for the campaign, then the project will have a greater chance of success.
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July 08, 2020, 12:32:09 PM
 #232

Those new projects that pay bounty hunters in stablecoin are very sure of themselves, they have no doubt about winning or failing, they knew that their project will become very useful for crypto users, unlike most new projects that are base on try and see, they play so safe that if anything goes wrong they have nothing to lose
stable coins, and escrow. if both of these things have been fulfilled for payment from a bounty, I am very sure that the increase of participants in the bounty will be very large. however, this is very rare now. even if there is such a thing, I think the participants will be very limited to minimize expenses.

Escrowing the funds will bring more interest from people who love doing the bounty, participants
loves to see assurance to receive the rewards.
But like what you have said the numbers of participants might be limited as the budget funds needs
to allocate properly to make sure that its still attractive.



Rewarding stable coin get the attention of bounty hunters, secure value payments is really important
for every hunters who love participating.

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July 08, 2020, 01:12:02 PM
 #233

I think this type of rewards to be given to bounty hunters are just beneficial to them and not for the project owners and developers. Because all they want is to have a new coin and introduce it to crypto world for the listing of their own coin.
It seems you are a little confused in giving his thoughts here, because if the coin given to the hunter is also owned by someone other than the hunter, the project developer will certainly benefit, because the one who makes the project coin includes the project developers as well and they are the owner.
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July 09, 2020, 06:21:40 AM
 #234

I think this type of rewards to be given to bounty hunters are just beneficial to them and not for the project owners and developers. Because all they want is to have a new coin and introduce it to crypto world for the listing of their own coin.
You were putting the developers as the priority but you are forget to saying that hunter are also must be putted into the consideration too as the dev must comply with what they have already promised especially to pay the participants. So many times hunters got zero reward



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July 09, 2020, 09:09:54 AM
 #235

OP where do you expect new projects that haven't raised any funds and not listed on any exchange get money to pay bounty hunters? That's why they paid in their tokens because it's easier this way, it's the best they can do, any new project that haven't raised any fund but paid hunters with BTC or USDT are well funded, the money must be from the team or a private investor
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July 09, 2020, 09:22:56 AM
 #236

I think this type of rewards to be given to bounty hunters are just beneficial to them and not for the project owners and developers.
I don't think so, if the project will end up successful, it will be beneficial for both.


How it will be beneficial for both? Hunters will get paid, but the project will have an expenditure in his balance ? Hunters got instant profit, projects will have it with time (because you say "if" it will end up successful).
I didn't say "if", what I said is that both are successful.

Well, maybe you meant a long term success? am I right? actually the project can charge that as their advertising expense, and they can do that as they were able to successfully raise a good amount of money.

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July 09, 2020, 09:57:32 AM
 #237

It's a good idea, I wish it can be possible but I guess not because not all team are rich enough to pay bounty hunters in stable coins, it's just easier to pay with their tokens, it's on us to do our research before joining any bounty campaign, that's the risk of been a bounty hunter

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July 09, 2020, 10:02:50 AM
 #238

Well that was good idea but still some project was didn't have that money for paying the hunters so basically they are using their project coin/token, I mean it was good but in the first place our job as bounty hunter is to attract investor, So more investor come more likely we will get payed with same rate even not with stable coin, Just my opinion, Cheers mate!
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July 09, 2020, 05:53:25 PM
 #239

It would have been much better if it was like that. But the reality is they don't want to spend from their own pockets. After knowing dump can happen they don't take any initiative. So in the coming days, very few bounty projects can take this initiative. However, I sincerely want to see that Bounty Hunters are offered stable coins. Then that would just be the fair value of their work.
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July 09, 2020, 07:51:10 PM
 #240

It's impossible for 90% of new project team to pay hunters in Bitcoin, eth or usdt because they have no funds intact, not until they raise some money through IEO successfully, it's better and easier for new projects team to pay in native tokens than stable coin, to them it's no loss doing so
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