Bounty rewards

[supine]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?
They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.
Wouldn't this kind of payment would solve both the investors and hunters problem?
The project price wouldn't dump after the reward has been given to the hunters and the hunters would get what has been promised to them.
I think the BM's could try and convince their clients for this kind of payment if they give it a try.

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[btcltcdigger]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?
They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.
Wouldn't this kind of payment would solve both the investors and hunters problem?
The project price wouldn't dump after the reward has been given to the hunters and the hunters would get what has been promised to them.
I think the BM's could try and convince their clients for this kind of payment if they give it a try.

HA!
HA!
HA!

So, most of the altcoin bounties don't have any money to pay promised amount in BTC, so they pay in their own token.
Basically they play the odds.... offer a bog bounty, and if the project pics up, they reduce payment, and if it fails, it's hunters fault.

What projects should do, is define a reasonable bounty pool, and expect reasonable results.

[joseyphil82]

We've discussed this many times before, it's easier for new projects team to settle bounty hunters with their native token as it costs nothing until the token add some values later, those projects that introduce USDT payment or ETH are well funded already probably by private investors or from the team themselves, stop hoping for all projects to start doing the same

[supine]

What projects should do, is define a reasonable bounty pool, and expect reasonable results.

Exactly why would they even promise something that they don't even have or couldn't deliver?

We've discussed this many times before, it's easier for new projects team to settle bounty hunters with their native token as it costs nothing until the token add some values later, those projects that introduce USDT payment or ETH are well funded already probably by private investors or from the team themselves, stop hoping for all projects to start doing the same

I am just stating the fact that we shouldn't blame the hunters for the projects downfall because it is also the projects fault.
Besides those who even reach their minimum goal should have enough funds to ensure their projects movement.

[zidanw]

The investors invest to project so the team would be able to continue their project and if they will just allocate it to bounty hunters they will waste a huge pile of money since let's face the fact that some of them have multiple accounts, the social media accounts they have doesn't have really good friends most of them are bots or friends or followers that are not cryptocurrency related.

[JeffBrad12]

There bunch of similar threads like your thread and i suggest you search that before try to create a new one.  The project did an ico to get the funding and most of them didn't have any money on their pocked.  I guess like btcltcdigger's said above me as he has experienced managed some bounties.
Escrow is more than enough to solve the payment system for the bounty participants and when the dev can pay the participants use native currency would be better.

[jessyj48]

What projects should do, is define a reasonable bounty pool, and expect reasonable results.

Exactly why would they even promise something that they don't even have or couldn't deliver?

We've discussed this many times before, it's easier for new projects team to settle bounty hunters with their native token as it costs nothing until the token add some values later, those projects that introduce USDT payment or ETH are well funded already probably by private investors or from the team themselves, stop hoping for all projects to start doing the same

I am just stating the fact that we shouldn't blame the hunters for the projects downfall because it is also the projects fault.
Besides those who even reach their minimum goal should have enough funds to ensure their projects movement.

I'm not surprised, even in our daily lives you can easily get blamed for something you know nothing about, you can offer help to people and still get blamed in the end, those projects are built by humans like us so we shouldn't expect all of them to be trustful or have good conscience, the fastest way to get out of dirt when their tokens goes diving is blaming bounty hunters.

[Ghondronk]

Absolutely. If we check the wallets of the bounty hunters, we will see so many tokens not even listed on exchanges. Most of the tokens have a value less than the transaction fee. Some people do bounties for many months but at the end of the day it becomes an unpaid-voluntary service. That makes the genuine bounty hunters to fly away from the arena.

[kingzpro]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?
They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.
Wouldn't this kind of payment would solve both the investors and hunters problem?
The project price wouldn't dump after the reward has been given to the hunters and the hunters would get what has been promised to them.
I think the BM's could try and convince their clients for this kind of payment if they give it a try.

Blaming hunters is just an excuses because like tokens held by investors who can dump anytime hunters are free to do so as well because it is their tokens, payments in btc or usdt has been discussed many times but seems like the project teams are not willing to pay in btc ir usdt and i always believe if the project is good and attractive volumes would be high which will have minimum even if many people sell at a time.

[masterrex]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?
They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.
Wouldn't this kind of payment would solve both the investors and hunters problem?
The project price wouldn't dump after the reward has been given to the hunters and the hunters would get what has been promised to them.
I think the BM's could try and convince their clients for this kind of payment if they give it a try.

It's a good idea to allocate and pay the bounty participants in all kinds of liquid cryptocurrencies instead of the project native token.
But most of the project team/owners are refused to do it, due to unknown reasons. Instead, they prepared to pay with their own project token, And after it was listed the price will dump and started to blame the bounty participant it is very common in most bounties. Thats why in order to avoid this blame game it's better to pay the bounty participants in liquid cryptocurrencies.

[Cornia]

Why all the blame is only on Bounty Hunters? Bounty hunters are to blame if the project fails but when the project is successful then bounty hunters are nothing. I think everyone wants to cover their own fault with Bounty Hunters. Bounty reward pool 0.5% or 1% of the total supply. If a project fails for such a small amount of tokens, then there is no need for all those companies to do a bounty campaign. If a project can't attract investors, is Bounty Hunters responsible for this?

[bakasabo]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?

So, most of the altcoin bounties don't have any money to pay promised amount in BTC, so they pay in their own token.

Fully agree. A lot of people think that projects simply swim in money and decide to run a bounty campaign because they dont know where else they can spend money.

If projects have enough funds to be able to pay in BTC, they would definitely not spend them on bounty campaigns, but would rather pay, for example to news webpage like cointelegraph to run an advertising campaign.

People dont understand that projects pay in their own altcoins, because they dont have money for a regular advertising campaign. When they pay in their altcoins, their only expenses are gas fees and bounty managers fee. And the fact that their altcoin will have a value is partly dependable from bounty hunters work and effort spent. While all the hunters are like "make few clicks and demand tons of money $$$ quick! when distribution?"

[steampunkz]

Actually its not the bounty hunter fault because the majority of ICO's today distribute and give the tokens to there hunters, after 2 to 5 months maximum, based on my experience, and surely the price of the token, the coin will go down -50% because of lack of development, update from the devs leaving the project behind or turned to scam.

[Stanlo]

Many new projects use bounties to create awareness and hopefully raise enough money when it's crowdfunding time, it's not like all new projects are build by rich people or developers, if developers are damn rich they won't introduce bounties to create awareness, instead they will go to binance exchange straight up list their tokens or coins or use binance launchpads, ask yourself why we hardly see bounties from projects that lists on binance exchange...

[TinaK]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?
They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.
Wouldn't this kind of payment would solve both the investors and hunters problem?
The project price wouldn't dump after the reward has been given to the hunters and the hunters would get what has been promised to them.
I think the BM's could try and convince their clients for this kind of payment if they give it a try.

Nice expectation lol,
Bounty rewards are mostly calculate the tokens only, Because of investors are plan to make a money in new project. But reality number of the project owner don't have a money to publish the trusted sites and they don't have money to launch the project. So they enter in the Bounty section because of huge whales are available in the market so any one whale's plan to invest the privately it make good for project owner. The current situation 90% of projects are failed in the current traffic and we never expect the BTC rewards in bounty projects.

[kapalmabur]

currently the bounty reward is enough to make money, you can see a lot of good bounty programs,
before I entered HEX I joined YouEngine, and both of them have good value,
grateful that at the end of the year the bounty got better.

[Lavander]

currently the bounty reward is enough to make money, you can see a lot of good bounty programs,
before I entered HEX I joined YouEngine, and both of them have good value,
grateful that at the end of the year the bounty got better.

The problem is that not all bounty are like the bounties you have mentioned and some users won't just rely on 1 bounties and they will join as much as they could and of course we know that most of them are scam.

[bitkanu]

Actually its not the bounty hunter fault because the majority of ICO's today distribute and give the tokens to there hunters, after 2 to 5 months maximum, based on my experience, and surely the price of the token, the coin will go down -50% because of lack of development, update from the devs leaving the project behind or turned to scam.

There are so many scam icos with very bad behaviour. The solution that mentioned by the thread started already discussed so many times by the various BM. I remember it's not only him but some bounty participants were actively suggesting this solution to the BM but it depends on the ICO team.
If the campaign has been creating by a good project and it's easy to discuss this as they have a fund to launch the btc or ethereum campaign.

[NewRanger]

Since bounty hunters are being blamed for the projects price drop,
Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?
They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.
Wouldn't this kind of payment would solve both the investors and hunters problem?
The project price wouldn't dump after the reward has been given to the hunters and the hunters would get what has been promised to them.
I think the BM's could try and convince their clients for this kind of payment if they give it a try.

only bonafide project that able paid campaign using bitcoin or other major coins. this allocation for campaign was not a little amount atleast they must provide 2 or more bitcoin for whole period. and remember they purpose help bounty campaign was to promote their project so they will get funding from investors, not spend money for us except they were existing project which is have big fund  that allocated for marketing campaign. and as bounty hunter we must ready to face any opinion about us , especially when token price drop, let them say what they want to said.

[Yudhisthir]

I've seen some of the ICO projects now giving btc and other alts for bounty than a year  before. Though that is still low. The interest for token based reward for bounty is low as many of the bounty participants felt betrayed and scammed. Even I was left with nothing joining some campaign. Most of the time they don't even bother to answer or pay and when they do, the tokens are useless. That's why I've stick to campaign that pays regular and the rewards are easily convertable.