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Author Topic: Bounty campaigns: new token distribution method  (Read 872 times)

Alcor

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Re: Bounty campaigns: new token distribution method
« Reply #15 on: July 18, 2021, 03:56:08 AM »
This method has its drawbacks as well. I think not everyone will agree to immediately register on a certain exchange and be verified there with identification. In addition, not everyone wants to immediately sell or exchange the received tokens, and this method directly pushes for this, since it is not recommended to keep tokens on the exchange for a long time.
Moreover, there is no particular need for this. Ethereum transaction fees should bounce back soon after the introduction of the London hard fork on August 4th.
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Re: Bounty campaigns: new token distribution method
« Reply #15 on: July 18, 2021, 03:56:08 AM »


marcsymons

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Re: Bounty campaigns: new token distribution method
« Reply #16 on: July 18, 2021, 07:44:54 AM »
I think this is a better way of paying the bounty hunters because both will save gas/transaction fees (If the ICO uses ETH platform) and the ICO will also benefit from an exchange like the listing benefits. The only disadvantage that I could see is that some hunters could not choose their desired exchanges (especially if the certain ICO will list their tokens to several exchanges) because of the saved transaction fees and some exchanges might be ban in other countries.
« Last Edit: July 18, 2021, 07:47:59 AM by marcsymons »
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Re: Bounty campaigns: new token distribution method
« Reply #16 on: July 18, 2021, 07:44:54 AM »
:)

Giangphuong8489

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Re: Bounty campaigns: new token distribution method
« Reply #17 on: July 18, 2021, 12:32:32 PM »
Perhaps when the London update is launched, gas will no longer be an issue for Ethereum users, but many hunters do not have ETH in their personal wallets to transfer tokens to the exchange. I still prefer to receive tokens on the exchange, I can liquidate them as soon as necessary.
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Re: Bounty campaigns: new token distribution method
« Reply #18 on: July 18, 2021, 03:46:39 PM »
Never seen project sending bounty rewards directly to exchange addresses.
And I dont believe bounty hunter is not able to keep 20$ worth Ethereum on erc20 wallet just to transfer bounty rewards. It is silly not to keep such amount. This will allow to be first to transfer reward to exchange and sell it.

lepbagong

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Re: Bounty campaigns: new token distribution method
« Reply #19 on: July 20, 2021, 11:56:40 AM »
Never seen project sending bounty rewards directly to exchange addresses.
And I dont believe bounty hunter is not able to keep 20$ worth Ethereum on erc20 wallet just to transfer bounty rewards. It is silly not to keep such amount. This will allow to be first to transfer reward to exchange and sell it.
it's a strange thing to do that, because it's impossible to do. because it could result in the loss of coins that were sent directly to the exchange address, because it could be that the coins obtained did not trade there.
all bounty hunters can be sure to keep some coins that are often used for gas costs and usually will do that to avoid being late for execution to quickly sell them.
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Re: Bounty campaigns: new token distribution method
« Reply #20 on: July 20, 2021, 11:59:40 PM »
We often find out this codnition, waiting for the bounty distributions for months and finaly we don't get the rewrads because they are scammers, shit projects,

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Re: Bounty campaigns: new token distribution method
« Reply #21 on: July 21, 2021, 03:30:11 AM »
In my opinion, they will take advantage the condition to save a lot of money than spending on transaction fees. Managers will do things they think the most appropriate in order to save funds, avoid the massive dump, and the good for both parties.
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Re: Bounty campaigns: new token distribution method
« Reply #22 on: July 21, 2021, 09:41:54 PM »
it could be a good idea, a solution to reduce the fees, but sometimes it can take a long time before the tokens of an ico reach, are listed on an exchange, however I prefer the bounty with weekly payments in btc or eth, but seen that are scarce for now, even those that pay in tokens on the bsc blockchain are fine, then at the end 1 $ of fee is not so much compared with the eth fees
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Re: Bounty campaigns: new token distribution method
« Reply #23 on: July 21, 2021, 11:40:08 PM »
In my opinion, the most standard bounty distribution for the rewards should be no more than one month. one month of waiting is a very long time, moreover, we have worked for certain weeks and waiting for a longer time than the bounty itself, I really hate about this where they always wait8ng for the announcement of certain bounty to distribute and  the token as soon as possible

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Re: Bounty campaigns: new token distribution method
« Reply #24 on: July 22, 2021, 04:02:55 AM »
it could be a good idea, a solution to reduce the fees, but sometimes it can take a long time before the tokens of an ico reach, are listed on an exchange, however I prefer the bounty with weekly payments in btc or eth, but seen that are scarce for now, even those that pay in tokens on the bsc blockchain are fine, then at the end 1 $ of fee is not so much compared with the eth fees

Aiming for bounties with weekly payment in Btc and Eth. Not impossible to land it here as AltcoinsTalks progress every another year. Btc or Eth payment is secure. Worth to hold for a long time.

Almost bounties now are using BSC wallet but the problem is after the campaign, Payment will be sent after 3 or 5 months which so long. Actually, hunters are not sure if they will have a profitable payment or another waste of time. Of course it depends to the manager and the team working behind the scene.
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