Bounty rewards

[Atang Sulaeman]

bounty payments for hunters using BTC or ETH are very rare unless the founders have very large funds, while the price reductions that blame bounty hunters are very large while the funds for bounty hunters are allocated very little, and even hunters the prize gets its reward after the price falls even if there is no price, all back to us to support and help which project will go ahead until it has a very reasonable price even on a very large exchange. while the opinion to blame the bounty hunters let it be.

[istiak2277]

Most of the project arrange bounty campaign before their token sale for raising funds for project developments. How do you expect them to pay you in other currency when they are trying to raising funds for the project. But the shocking truth is they don't want to pay with their own token by fearing price dump. They don't have faith in their project that their project will do good and will have a big market cap.

[CODE200]

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.

I guess projects paying in BTC or USD won't help the project for a long run. They are paying using their tokens in order for the tokens to spread in this industry. Instead of focusing to what will be the medium of payment, projects should focus more on long term progress and development of it in general. There's this assumption that when a crypto from a project is already listed on exchanges, price will suddenly decrease since most of the project's are only good in long term. To where projects should take actions is in the aspect of long run which can be observed to other projects in this industry, which are still existing at this moment.

[zulfi125]

I have seen little projects paid in BTC or ETH, but most of the projects not bother about bounty hunters, and BM can request to pay BTC or ETH, but BM also paid in tokens and some in BTC or ETH. Most projects nowadays started paying in installments 3 or more, so this is a good idea, and the price of altcoin will not dump if they will pay in 3 installments.

[imstillthebest]

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.

it has been done since the first bounty was launched, many projects pay with their tokens,
this has become a tradition, I am more supportive of paying with project tokens,
because if we are lucky we can get more reward than what you want.

big reward is the only token of appreciation a bounty can give to its bounty hunters but that is if the bounty became succesful but if not them hunters can go home less or empty .
before when bounty hunting is verry fruitful we never see bounty hunters complain like this and we never see them complain about the big rewards that they get  .
 they should realize that and they can realize that what they do now which is complaining is verry wrong and rude .

[isaac_clarke22]

BTC payment? Meh. Why do you think that scams still exist in crypto? Is it because they have money to start anyway or they just want to earn more?
Of course aside from the fact that they advertise their own product through tokens, it is because they want to hit the cap so bad that they won't throw a cents to it for BTC just for the sake of guaranteed payment for their promoters.
Remember they want their products to be bought by the investors, not that I am saying that they don't care about who works for them, but I am pretty sure they're prioritising the project's success.

[nykka]

For most projects creators bounty is a good way to make project well-known without spending much money. It`s almost free for them, because they pay in most cases with coin which they invented themselves, so I understand why so many projects do this and why we shouldn`t hope that one day most bounties will pay in stable coins or BTC/ ETH

[Chainsmokers]

Hunter bounty payments using bitcoin, ethereum or usdt already exist but only a little many of the projects choose to pay with their coins or token actually paying by using this will cause problems when the dump occurs the bounty hunter so wrong or it could be detrimental to the bounty hunter itself
because the price of coins or tokens is very small in the market and some have no price at all

[ije07]

I have rarely seen altcoin projects paying using btc for bounty hunters, unless gambling type projects usually pay their participants using btc. Most of the altcoin bounty projects always pay bounty hunters using their coins, and also depending on our luck if joining the altcoin bounty project, it could be that the token has a high selling value and vice versa.

[pixie85]

Every time someone starts a thread to complain about how the token is now worthless when it started trading or how they were cheated and not paid I say that people should demand 2 things from a new coin they're advertising. The first one is escrow so that the manager gets the payment when the campaign begins. The second one is payment in existing cryptocurrency like BTC, ETH, or any other.

Some people say that they can't because they have no money. If you have no money then you're already bankrupt and want to make money out of nothing. That's a red flag.

[minatour]

Bounty hunters are not the one dumping price on exchanges, most times developers are just always using that as an excuse to calm investors. Your suggestion is good, instead of giving hunters their worthless token with low volume, is better sharing btc, eth or usdt so as to avoid dump.

[sapnu]

I am usually joining a bounty campaign since I've known what cryptocurrency is, especially joining a particular signature campaign. Most of the bounty projects that are being developed are paying using their own coins depending on them how much they will divide the allocation and it is also depending on the stake. There are actually different types of supporting a project, it is either you will promote the project by using the signature and avatar while you are posting on the forum, there are also social media websites that you can promote the particular project. Sometimes the project is giving free rewards known as airdrop but that is not enough because it is just a small amount of coin.

[DabsPoorVersion]

This is impossible to happen,

Bounty projects do offer their token as a reward because they don't even have their own budget. All of their funds will be coming from their investors and that is what they will be used to fund the project including the bounty rewards. Also, bounty hunters are not really the ones who dump the coin, allocation for bounty campaigns is only around 1-2% of the token which is impossible to dump the price in the market. Bounty hunters are just being blamed by the project and other investors.

[kayvie]

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.

This has been a discussion even before, nothing happens and the developers of the project still want to use their token/coin to distribute to the bounty hunters. The reason is that bounty hunters can help to increase the volume of the circulated coin in the market. They keep on using the bounty hunters but in the end, they will just treat them as the one who destroys the project which we all know that is not true. 

[supine]

To all the members who gave time to my thread thank you all,
I just created this topic to show that Hunters aren't the only one responsible for the projects failure or price drop and also to have a better reward system if the future campaigns would consider it.