Stable coins for bounty hunters

[torrantz]

Payment by Stablecoin is only good if the bounty manager limits the participants. It will help the participants get a good amount of money from their work, if they are not limited to the participants then I believe there will be a lot of subscribers and eventually each will only get a few cents

some managers have already done that. with definite allocations which will not be too large, restrictions on participants will inevitably be imposed. not only by payment using a stable coin. those who pay with altcoins that are already on the market also limit their participants to keep the rewards they get.

For bounty payments with altcoin or ETH, I believe they will always have a very low budget. Like the campaign I participated in, they had a budget of $ 30k but not limited to the participants

That's always the way it is, basically the hunter are given the right to choose whatever projects they want to join including the one with relatively low prize pool, though if bounty keep chosing that kind of project it's possible that the prize pool will always stay at that amount.

[imstillthebest]

its okay if they wont pay stable coins but they can rather pay in btc and eth   . stable coins is less favored coins by hunters but stable coins are favored by traders and gamblers   .

 its true that your recomendations arent new , its not new because if you look at now bounties are still doing the same thing over and over again , they still pay with thier tokens  but i dont think they blame hunters   . its okay to blame hunters if thier project is good but no its not .

[oscarftw]

This is a proper post which believes that only bounty hunters dropped the price. In real point, bounty hunters are only real helpers for stable price. Dev knows that more holders will help with the price up. To protect the price drop, the top altcoins paying campaign is fine. As a market situation, any project doesn't want to be paid any stable coin.

[Chuky92]

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

In as much as it is a nice suggestion but yet the payment choice used for every bounty most of the times depends on the team. Actually it will be nice to pay bounty hunters with stablecoins so that the blame always transferred to them from the team owing to price dump can reduce and/or probably stop. Also, there are cases where an amount of token will be allocated to a bounty and then it appreciate in value, most times when this happens, the project team tends to find it hard paying, so therefore, allocating stablecoins for a bounty will really help to curb situations like this.

[Da_Primate]

Everyone is hiding under decentralization to do anything that pleases them, there's no organization, or an association that can act as a front for Bounty hunters. While this space remains unchecked, Bounty hunters will continue to be at the mercy of project owners

[Festac]

I'm fine with Stable coins or Native tokens for bounty payment, stablecoin is better because there won't be any price loss but not all team can pay in stable coin, it will be more easier for them to settle bounty hunters with project tokens, there are many bounties available and depending on your choice to choose which one that you like, it's not a must

[TastyChillySauce00]

Everyone is hiding under decentralization to do anything that pleases them, there's no organization, or an association that can act as a front for Bounty hunters. While this space remains unchecked, Bounty hunters will continue to be at the mercy of project owners

That's true and this is why every hunters must consider this as their side job. The hunters can be deceived by the developers anytime when the developers were creating rules that put the hunters into a bad position.
Bounty hunter can be considered as a new thing and it has not a legal defender.

[torrantz]

most new projects that come in don't have any funds. they come here to look for investors and those who don't have funds will only choose ICO as a token sale. they also will not take enough risk by paying hunters with USDT or BTC. because if they fail to raise funds they don't feel loss

Exactly, the first reason why they seek to open an ICO is simply to fundraise their proposed project otherwise they'd start it without having to got after all these struggle making ico and promoting here and there but if a project could guarantee the reward in stablecoin that means the developers is really willing to make their project huge success.

[Bezobraznike]

most new projects that come in don't have any funds. they come here to look for investors and those who don't have funds will only choose ICO as a token sale. they also will not take enough risk by paying hunters with USDT or BTC. because if they fail to raise funds they don't feel loss

Exactly, the first reason why they seek to open an ICO is simply to fundraise their proposed project otherwise they'd start it without having to got after all these struggle making ico and promoting here and there but if a project could guarantee the reward in stablecoin that means the developers is really willing to make their project huge success.

   Torrantz if developers are willing to spend stable coin, Bitcoin, or Ethereum
for the advertising it means they have some extra capital to start with, from
private sales, loan, or their own capital. But that rarely happen, as we already
said most of new projects have only an idea, they plan to develop it and in same
time to hope for some funds from the sales. Except idea and time they don't have
much, and usually those blind of projects fail soon.

[andriyana]

yes this is a good idea hopefully the project developer will consider this. so many fraudulent project that make investors feel afraid to invest

[Greatdev]

Even if a bounty project team will accept paying in USDT believe me the reward will be so low apart from how many people will join the campaign, most usdt paying bounties I see this year so far have only 10k or 15k for whole Campaigns, imagine that.

[Refrumatrix]

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

Will you prefer to pay in USDT if you are a developer? It's easier to say for you since you aren't a dev, for new project team it's more easier to pay bounty hunters in token this is a risk that bounty hunters must take

[ostrogoto2012]

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.

Agree with you , it is normal, all the coins of the projects are created for free, if you make 1 million or 100 million there are no additional costs, no project would pay with the stable coins or with other cryptocurrencies when you can use free coin to cover many thing, marketing , developer, website etc etc. I have only seen some projects pay with bitcoin or eth, but they pay very badly and usually this project are covered with big whale investors who can pay with BTC or ETH .

[Iyeman]

yes this is a good idea hopefully the project developer will consider this. so many fraudulent project that make investors feel afraid to invest

I will not even believe the developer wants to consider this as their option to pay the hunters as they will always use their token to pay the hunters. I should remind you about the fact if they can issue the free token and make it becomes valuable to be used to pay the hunters. this is a dream that has no possibility to happen.

[iTradeChips]

You've missed the whole point of paying in their coin/token.

The new projects that are not listed at exchanges and without their own market place will always pay in their own token (as long as there will be bounty hunters accepting that) because in this case they don't pay anything from their pockets. If the project has success and gets listed, you'll sell for other investors' money. If it doesn't have success, tough luck, you've worked for free. It's a risk the bounty hunter have to think of when he jumps for enlisting under their banner. One has to check first if it has a good enough chance for success and listing.

There were times when altcoins used to pay bounties in Bitcoin or Ethereum, but nowadays the bounty market is so overcrowded with bounty hunters that they are really in no position to dictate the rules. If you will refuse to work for worthless tokens, someone else will. And these ICO scams don't care about quality, they need quantity, because there's still plenty of greedy noobs who are ready to gamble with ICO's as they hope to find a "good project".

This is the very reason why some of the old bounty hunters like me stopped working on bounties paid for by their own tokens or coins because of the fact that most if not all of the projects tend to fail or their coins devalue as soon as bounty hunters start selling their share of their payments. For me the great year of bounties was 2016 to 2017. Now there is absolutely nothing now. It's either luck or sheer determination through research and reading that you will be able to get good bounties.

[pilosopotasyo]

Majority of bounty hunters will prefer getting paid with stable coins because they can easily trade it, bounty hunters are spending electricity and paying internet connection they must find a way to make a quick profit and not wait for tokens to have value.

[yazher]

There were some of those bounties that paid in fixed rates through Bitcoin and ETH before, not fully sure how did all those disappear but I believe that they don't want to risk that amount of money just if the project fails in the end.
That's why they're paying you in tokens and that's why these shitcoins exist.
Unless that the bounty is from a seemingly long-running corporation for more than 50 years and managed to join crypto in here and maybe there's slight of a chance they'll pay in those but who would ever do that.

As for me, I have joined a bounty that pays USDT for their participants and it works well. However, I only participated for one time and I didn't get a chance to participate in another one because they didn't offer that kind of bounty anymore nowadays. I also discovered when they offer those kinds of bounties the payment is not that promising but it's fine for me because you can expect you gonna be paid for your hard works. especially when the managers are proven, go ahead and join that will be no doubt a sure good bounty for you.

[The cure]

Majority of bounty hunters will prefer getting paid with stable coins because they can easily trade it, bounty hunters are spending electricity and paying internet connection they must find a way to make a quick profit and not wait for tokens to have value.

Yes, I agree with what you said, hopefully the project developer will consider this,but if this happens the participants should have a limit to ensure that the distribution is good.

[leea-1334]

There were some of those bounties that paid in fixed rates through Bitcoin and ETH before, not fully sure how did all those disappear but I believe that they don't want to risk that amount of money just if the project fails in the end.
That's why they're paying you in tokens and that's why these shitcoins exist.
Unless that the bounty is from a seemingly long-running corporation for more than 50 years and managed to join crypto in here and maybe there's slight of a chance they'll pay in those but who would ever do that.

As for me, I have joined a bounty that pays USDT for their participants and it works well. However, I only participated for one time and I didn't get a chance to participate in another one because they didn't offer that kind of bounty anymore nowadays. I also discovered when they offer those kinds of bounties the payment is not that promising but it's fine for me because you can expect you gonna be paid for your hard works. especially when the managers are proven, go ahead and join that will be no doubt a sure good bounty for you.

They have not disappeared,,, some of the longest running campaigns have always paid in Bitcoin and maybe these are in small amounts so they were never really so popular but as the shitcoin token bounties got closer and closer to zero people realized they were good in the long term.

Keep looking for projects that are real and you support, then you never go hunting around for projects that disappear after a few weeks.

[makishart]

Majority of bounty hunters will prefer getting paid with stable coins because they can easily trade it, bounty hunters are spending electricity and paying internet connection they must find a way to make a quick profit and not wait for tokens to have value.

Yes, I agree with what you said, hopefully the project developer will consider this,but if this happens the participants should have a limit to ensure that the distribution is good.

When you were adding the participation should be limited and it's also quite difficult to be implemented and FYI some managers have already started to to do this.
That depends on the manager whether they wanna give a limitation for the new entries or not as long as the funds is still enough to do that.