Bounty rewards

[Sirait]

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.

^ we cannot force the Bounty Manager to add conditions like the one above. Many projects that organize campaigns do not have large capital and can only pay bounty managers and marketing teams. we should be grateful that the bounty campaign is still around.

imagine if there were no more bounty campaigns then it would be difficult for us to get additional money from crypto.

[thesmallgod]

Firstly, you should have it at the back of your mind that most project choose bounty campaign with payment in their native token compare to BTC payment because they consider this as the best option because they do not have to spend before their goals are achieved and in the case the project is not successful, it means they do not lose because bounty hunters will not be issue token too or they give them token that cannot be traded anywhere. Most time, project that pays in BTC will need to pay participants every week and the numbers of participants are limited because the higher the participants, the higher amount they are going to spend even if the project turn out unsuccessful. In bounty campaign, larger numbers of people can participate thereby achieving higher result at little or no payment. It is hard for managers to convince them because they understand, which one is the best for them so telling them to do campaign in BTC will make them look for another manager that is ready to work with their plans.

[Mpamaegbu]

Do you really think anyone want to raised money will use their money first ?

Shouldn't they? They should if they trust that whatever project they're chasing will be fruitful. That's what startups do. They either use their money, borrow from friends or take out loans from banks to get started. Getting hunters and not paying for the labour of spreading out advertisements isn't good for image of any project. Don't you know hunters can even go on a smear campaign and destroy whatever confidence that the project might've built among investors?

[bakasabo]

Don't you know hunters can even go on a smear campaign and destroy whatever confidence that the project might've built among investors?

Are there many investors on the forum? Or in social media? Sadly, I did not know any case that bounty hunters really destroyed reputation of a project, when it refused to pay hunters their rewards. Never heard that investors after seeing numerous scam accusation posts pushed on the projects and forced them to distribute rewards, or asked project for a refund. There is even an opinion, that investors sometimes are the one who force project to scam bounty hunters with rewards or force them to cut rewards pool.

[globalcitizen]

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.

Yes. It's a good perspective. No. It's not going to happen. Reason: It's only projects that already has enough money on their own that can afford to go in that direction. All others will always pay the hunters using their project's token which would cost them nothing out of pocket.

[bounceback]

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.

Not ICO have make payment for bounty campaign participants with bitcoin I think just gambling site where they promote about project and give weekly payment using bitcoin, with ICO project almost payment use coin and some time giving reward with USDT and ETH. I think this wrong and you make mistake never have ICO project will distributed payment reward with bitcoin and the only gambling and casino site where payment with bitcoin, but have limited participants and only available for several participants have reach rule to join on their campaign. But will interested with any bounty project giving payment with coin than using bitcoin because have little reward than coin after listing on market.

[West0813]

Don't you know hunters can even go on a smear campaign and destroy whatever confidence that the project might've built among investors?

How can bounty hunters  destroy a project. I think the reason why a project fail is because the people behind the project are not good enough to make the project more successful.

[taufik0911]

Don't you know hunters can even go on a smear campaign and destroy whatever confidence that the project might've built among investors?

How can bounty hunters  destroy a project. I think the reason why a project fail is because the people behind the project are not good enough to make the project more successful.

yes that's true it depends on the developer, an example of a project that provides great rewards but doesn't damage the price is a project in 2017, namely Electroneum, even this project can reach its ATH in a short time and maintain it for months
this is one of the most successful projects in my opinion

[awakpane]

In my opinion, bounty hunters cannot be blamed for the decline in the token price of a project because the number of tokens owned by bounty hunters is smaller when compared to investors and also managers who manage the project themselves, sometimes even bounty hunters do not get the payment as expected, for example when The price of tokens rises, bounty hunters have not received payment, but when the price drops dramatically, new bounty hunters get paid.

[layoutph]

Absolutely this is a bright idea. Actually it is not the bounty hunters that made dump the price. It is the private investors. Imagine bounty is only 3% - 5% of collected ICO money. Not all would dump the bounty money.

Anyway, I am belong to a bounty where the owner pays via XRP not using their own coin.

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.

[Pom_bensin]

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.

they don't have the money if they have to pay by btc, so they pay with their own tokens which don't necessarily have good potential, so I think they are just taking advantage of bounty hunters without clear payments or what is commonly called looking for their own profit

[btcltcdigger]

They still need funds from investors who are willing to buy their Bitcoin in my opinion, but if they have no money at all that's wrong. everything they do will cost money.

It's not always if they have money or not.
Honestly, bounty marketing is far less effective than traditional marketing like youtube or facebook. So they tend to spend their money on facebook ads or paying some influencers.
1 youtube influencer in my experience can be more effective than 2000 bounty hunters.

[aioc]

Since bounty hunters are being blamed for the projects price drop,

This is a bad excuse when their coin is not taking off in the market

Why not ask the projects owner to pay the bounty reward in BTC or whatever the investors used to invest in their project?

People will prioritize this campaign if there is one

They've promised their hunters a reward that has a total of $ value on their token/coin but they couldn't deliver it.

Bounty hunters should never believe that they are going to receive that amount translated to Bitcoin, only the market will give value to their coin

Wouldn't this kind of payment would solve both the investors and hunters problem?

It definitely is but unfortunately very few bounty campaign offer this kind of rewards

 

[tvplus006]

they don't have the money if they have to pay by btc, so they pay with their own tokens which don't necessarily have good potential, so I think they are just taking advantage of bounty hunters without clear payments or what is commonly called looking for their own profit

This is exactly the situation, the project team is using bounty hunters to get bitcoins and ethereum from their investors. And they use these bitcoins and ethereum for their own purposes, which may not even be related to the project. But bounty hunters do not receive liquid cryptocurrency as payment for their work, receiving illiquid project tokens in return.

[atjiat]

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.

they don't have the money if they have to pay by btc, so they pay with their own tokens which don't necessarily have good potential, so I think they are just taking advantage of bounty hunters without clear payments or what is commonly called looking for their own profit

Undoubtedly, a Bounty company needs a lot of money to pay for the work of the Bounty, especially when it comes to projects such as YOUC, And if we take into account those Bounty companies that promise a small reward, then in this case it would be possible to take care of payment in any rating cryptocurrencies, and not in their tokens.

[TopTort777]

1 youtube influencer in my experience can be more effective than 2000 bounty hunters.

Have you compared youtube and twitter/facebook influencers with similar auditory and number of subscribers/followers? Or how to do compare these two? Youtuber with 50k subscribers is more effective than 2000 twitter accounts with 3-5k followers?

I just dont understand how to compare these two. Among 50k subscribers, it would be good if 10k would watch the video plus few thousands will watch it from "related video".

"2000 hunters *3000 followers" minus bots and those who does not read their twitter line I think would be better than 10k views.

[fileo]

Hunters always the subject to blame in times of uncertainties. When there is none uncertainty, hunters are safe from blaming. When dump starting to happen, they are blaming hunters where hunters not yet received the payment. Sometime unreasonable to blame hunters without strong proof of what they did to dump the price. Very wise move if the project will pay hunters in btc to make it fair enough and avoid blaming.

[Ghondronk]

I have seen in many occasions that even though the bounty hunters spend a lot of time on promoting the projects, end of the day they get some coins which are totally unsellable. That is not fair when the effort they have made is concerned. One major weakness that the most of the bounty hunters have is, they do not do research on the projects they engage. Most of them do not even bother to have a glimpse on the whitepaper either. If you read it a bit, then you may get an idea on the project's viability.

[awakpane]

In my opinion, bounty hunters cannot be blamed for the decline in the token price of a project because the number of tokens owned by bounty hunters is smaller when compared to investors and also managers who manage the project themselves, sometimes even bounty hunters do not get the payment as expected, for example when The price of tokens rises, bounty hunters have not received payment, but when the price drops dramatically, new bounty hunters get paid.

Bullshit statement from developer or investor when said bounty hunter make coin price dump, I think where is logic to said like this when allocation for bounty campaign only 2% and not ever above 5% reward coin supply for bounty hunter. I think developer make bullshit when have supply on his hand above 50% but he brave said bounty hunter make coin price dump. I think investor is blamed how come little supply coin for bounty hunter can make price down?

True, investors should be to blame because they hold too many coins when compared to bounty hunters especially if investors throw away all the coins they have, the coin price will experience a very significant decline and it is difficult to experience the pump again. Because the biggest influence is on investors, not on bounty hunters

[Om.monata]

it will be very costly if the project team has to pay with btc or tokens such as eth or usdt. For those who are important, the reward for bounty participants is paid even though in the end the token becomes trash and has no value. so the project team doesn't want to lose and still get profit.