Stable coins for bounty hunters

[highnayem34]

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.

[ansi]

Paying bounty hunters with Stable Coins is lik paying them with real fiat, which i guess it will never happen no matter how strong & trustworthy the project is.
Some bounties make 100k & even more for their bounties & you don't expect to spend that money from their pocket lol, that's why they always tend to pay with their native token instead since it's generated for FREE.

[Alcor]

It is not profitable for the ICO team to pay bounty hunters for their work, so they will not do it. The ICO team sells its new tokens for bitcoin, ethereum, another cryptocurrency and stable coins. If the minimum amount of funds was not collected during the ICO, the collected funds are returned to investors. If you pay with the collected funds to bounty hunters, the ICO's task of distributing new tokens is violated. This is sometimes done in ethereum or bitcoins, but very rarely.

[highnayem34]

It is not profitable for the ICO team to pay bounty hunters for their work, so they will not do it. The ICO team sells its new tokens for bitcoin, ethereum, another cryptocurrency and stable coins. If the minimum amount of funds was not collected during the ICO, the collected funds are returned to investors. If you pay with the collected funds to bounty hunters, the ICO's task of distributing new tokens is violated. This is sometimes done in ethereum or bitcoins, but very rarely.

Ludena protocol is doing the same kind of  thing but too low rewards for hunters.

[wawan96]

of course, everyone wants to get paid with a coin that stable coin as if to make a payment to bounty hunter price will not be too fall if there is bounty manager who apply the payment to coinstable, of course, I would give very good ratings to them because it is very helpful to the bountyhunters.

[MrSpasybo]

I know a few projects that pay bounty hunters with stable coins like USDT or PAX, but that doesn't mean it's the best solution for other projects & projects that need to do the same. Some projects don't have money available to do that & organizing bounty paid by tokens also increases the number of token holders
Also if too many projects are paid with stable coins, many members will find ways to abuse the forum to achieve high rankings in a short time.

[Carry_Copper]

I guess stable coin like USDT is good for any goals. It can be used for paying salary

[KryptoBull]

I see many bounty campaigns paying hunters with both project token and stable coin or BTC/ETH. That helps motivate participants
However, the most important thing is whether the project is real or not, if the campaign is just a scam, then the bounty campaign is also a scam and the participants will not receive anything @@

[highnayem34]

I guess stable coin like USDT is good for any goals. It can be used for paying salary

Hmm. So if our boss pay us usdt. It will be easy to withdrawal.

[highnayem34]

I see many bounty campaigns paying hunters with both project token and stable coin or BTC/ETH. That helps motivate participants
However, the most important thing is whether the project is real or not, if the campaign is just a scam, then the bounty campaign is also a scam and the participants will not receive anything @@

You are right kryptobull. Ludena protocol bounty campaign is paying with ethereum. This is good bounty program.

[Muneeb22]

USD is the best coin to safe your money and we can easily buy the coins and also sell the coins in high price. Easily withdraw the USD from wallet to another.

[highnayem34]

USD is the best coin to safe your money and we can easily buy the coins and also sell the coins in high price. Easily withdraw the USD from wallet to another.

Hmm. Obviously it is easy to withdrawal. That is good idea to pay bounty hunters with usd coin.

[Carry_Copper]

USD is the best coin to safe your money and we can easily buy the coins and also sell the coins in high price. Easily withdraw the USD from wallet to another.

Hmm. Obviously it is easy to withdrawal. That is good idea to pay bounty hunters with usd coin.

Also, USDT can be exchanged on every exchange

[Renampun]

I agree that if a bounty hunter is paid for with stable coins, it will definitely make hunters who work properly paid rather than being paid with their coins which are likely to be worthless.

[tinakoya]

There are projects out there already paying hunters with stable coins but the rewards are way more less than if it was paid in host's tokens. As most projects do not have funds before token sale hence they are unable to afford stablecoin as a reward to hunters. It will be good if it can happen without reward being reduced drastically though but it's unlikely it will be a norm as most projects doesn't value the contributions of bounty hunters.