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Author Topic: As A Bounty Hunter - Which System Of Payment Do You Prefer, Stakes Or Fixed Amount?  (Read 16755 times)

Offline Elevteros

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I am quite satisfied with the betting system, because if it turns out that fewer people participate in the bounty and the project achieves the planned success, then the payment will be rather big!
                 
                 
                 
                 
                 
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Offline ZionRTZ

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For the interest of NEW bounty hunters, can you tell the difference between a stake system and a fix system?



Most of the Bounty Managers prefer to use the stakes system for bounty payments. As far as I am concern, that system cheats! Not everyone can calculate accurately how many tokens one will receive at the end of the bounty. I prefer by far the fixed amount system so I know that for a certain period of work, this is what I will receive.
I have no problem with both system. As long as they meet the ultimate goal of raising enough funds for the project (soft cap).

Offline Cold_Zero

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Of couse, I prefer fixed payment of tokens for performing weekly/monthly tasks.  But in most of the bounties we have stakes system that we receive weekly. Even stake system is a fair system and the problem is participation should be limited so that one can receive a good reward for their efforts or time. If we get fixed amount for the task we perform I would be more happy.

Offline I-Bit

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I prefer to fixed amount, but it is no problem with stakes if the bounty manager doesn't reduce the reward amount in the end of bounty program. I saw on altcoinstalks some bounty managers reduced the rewards after bounty ended. It is totally not fair.

Offline tervel

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I prefer to fixed amount, but it is no problem with stakes if the bounty manager doesn't reduce the reward amount in the end of bounty program. I saw on altcoinstalks some bounty managers reduced the rewards after bounty ended. It is totally not fair.
I also prefer a fixed amount.so I know how much my profit will be from the begining.Pay affects my engagement.

Offline sampoerna

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Fixed amount is better than stakes. We can calculate how many tokens we will earn till the end of bounty. Bounty manager also cannot change the number of rewards because of participants can calculate their token rewards their selves.

Offline PRIBO247

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For the interest of NEW bounty hunters, can you tell the difference between a stake system and a fix system?
The post has been edited to include the explanation. Tnx for the advise.

« Last Edit: December 18, 2018, 07:46:24 PM by PRIBO247 »

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Offline MVT$

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For the interest of NEW bounty hunters, can you tell the difference between a stake system and a fix system?

THE STAKES SYSTEM OF PAYMENT IN A BOUNTY
Stakes are a means of measurement. It is used to allot weekly payment to a bounty hunter according to his/her status/followers on social media. For instance, let's say Company A is releasing token B and there are 8 people in their bounty campaign. They have allocated 1million tokens for this. E.g
Facebook/Twitter Campaign
200 - 1000 friends/followers = 1stake per week
1001 - 2,500 friends/followers = 4stakes per week and so on.
Lets say person 1 has 1300 stakes, person 2 has 500 stakes and
the rest of the people combined have 4000 stakes.
Then the total would be 5800 stakes and will be thus calculated,
(1 million / 5800)*(amount of stakes a hunter has)  in case of person 2
that will be : 1 million/5800*500 = 86,206.895 of token B.
So person 2 will receive 86,206.895 of token B at the end of the campaign. This amount of token is only possible if there are limited participants in the bounty campaign.

FIXED PAYMENT
Using the above scenario, Company A is releasing 1million token B for their bounty and they decided that according to the bounty hunters rank/followers in social media, certain amount of token B will be paid weekly. E.g
Facebook/Twitter Campaign
200-1000 = 500 token B per week
1001 - 2,500 = 750 token B per week and so on.....
with this system of payment, the bounty hunter is able to calculate at a glance barring unforseen circumstances, what he/she is going to get at the end of the campaign.
Take for instance person 2 is in the second category and worked for 10 weeks that will be 10*750 = 7,500 token B at the end of the campaign.
Hope this explains the both system.

You can edit your post and include this. I doubt new readers will go through the comment section just to find this information.

Offline PRIBO247

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For the interest of NEW bounty hunters, can you tell the difference between a stake system and a fix system?

THE STAKES SYSTEM OF PAYMENT IN A BOUNTY
Stakes are a means of measurement. It is used to allot weekly payment to a bounty hunter according to his/her status/followers on social media. For instance, let's say Company A is releasing token B and there are 8 people in their bounty campaign. They have allocated 1million tokens for this. E.g
Facebook/Twitter Campaign
200 - 1000 friends/followers = 1stake per week
1001 - 2,500 friends/followers = 4stakes per week and so on.
Lets say person 1 has 1300 stakes, person 2 has 500 stakes and
the rest of the people combined have 4000 stakes.
Then the total would be 5800 stakes and will be thus calculated,
(1 million / 5800)*(amount of stakes a hunter has)  in case of person 2
that will be : 1 million/5800*500 = 86,206.895 of token B.
So person 2 will receive 86,206.895 of token B at the end of the campaign. This amount of token is only possible if there are limited participants in the bounty campaign.

FIXED PAYMENT
Using the above scenario, Company A is releasing 1million token B for their bounty and they decided that according to the bounty hunters rank/followers in social media, certain amount of token B will be paid weekly. E.g
Facebook/Twitter Campaign
200-1000 = 500 token B per week
1001 - 2,500 = 750 token B per week and so on.....
with this system of payment, the bounty hunter is able to calculate at a glance barring unforseen circumstances, what he/she is going to get at the end of the campaign.
Take for instance person 2 is in the second category and worked for 10 weeks that will be 10*750 = 7,500 token B at the end of the campaign.
Hope this explains the both system.

You can edit your post and include this. I doubt new readers will go through the comment section just to find this information.
Tnx mate, I appreciate the heads up.

Offline sturec22

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I prefer fixed payments. Stake system is really confusing and the bounty team can change the amount located to the bounty. They can say that there was not much contribution, and decrease the amount you get. However if you know the fixed amount you just are OK with the amount you will be getting.

Offline Zed0X

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Many will support the fixed bounty system since a lot of campaigns do not set a limit to the number of participants.

I have no personal preference. Or should I say it will depend on the rules of each bounty campaign. "Is there a limit to the number of participants?"


Offline Ahmedalab

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fixed reward will be better. Because if the system is stakes, The lower rank or less followers will have few reward the longer the bounty will run.

Offline PreshB

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I   prefer   fixed  method  of  payment  because  it  enable  you  to   know   the  total  number   of   tokens  you   will  have  at  the  end  of  the   bounty   campaign,  and   no  body  can  alter  any   entitlement  giving  to  you because  you  already  know  what  you  are  going to get  at  the  end  of  every  bounty  campaign

Offline alyanov

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For us all bounty hunters will be happy if we receive a certain number of tokens after performing routine tasks. the preferred method of payment method, in my opinion is the stake method, because this method provides better payments to diligent and routine bounty hunters in making payments, and for bounty hunters who are less diligent they get results that are in accordance with the level Their craft, but that's my opinion. There may be a bounty hunter who also prefers other payment methods, but it all depends on the developer who sets the payment rules. so the bounty hunters must accept the rules set by the developer. The results received by bounty hunters are also very varied, if we participate in social media campaigns, the results we have depend on our follower or friend number, if we participate in the content campaign, the number of results we get depends on the quality of our content. .

Offline Falcon

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For me it depends on how much the fixed payment?
How much the allocation to bounty in stakes measurement with equivalent to tokens?
 
There are possibility that stake base is more profitable than fixed payment or vice versa.

 

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