Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on August 10, 2020, 07:17:56 PM
-
It is becoming very clear that a new pattern of bounty distribution in Batches has surfaced, and in my opinion, this may become a new way for all bounty payments now and in near future; just like the IEO has now taken over as a more reliable way of token sales over the ICO, such may be the new trend in bounty distributions. Do you think this pattern will change a project progress? Thank you
-
I think the best way to guarantee the value of a token or coin is a project that does that later. Like the previous project I participated in Cartesi which did the same thing to make bounty payments. You can see that their token price is very stable and has increased this month
-
Distributing bounty payments in batches could reduce the sudden dump which may help with the value of token.
-
I think it is no problem if bounty payment is in Batches. The team members and bounty managers state that this way to avoid dumps in the token prices. I think this is okay for bounty hunters because if the token price is good, then they can get good profits from the project even if they must need a longer time.
-
It is becoming very clear that a new pattern of bounty distribution in Batches has surfaced, and in my opinion, this may become a new way for all bounty payments now and in near future; just like the IEO has now taken over as a more reliable way of token sales over the ICO, such may be the new trend in bounty distributions. Do you think this pattern will change a project progress? Thank you
There is nothing wrong with having distribution of rewards in batches; what matters is that
1. is it consistent?
2. are the team faithful to complete the end of the deal at the scheduled time?
3. is the bounty manager trustworthy?
Those factors matter alot, concerning batches payment of bounty reward
-
As long as bounty hunters will get their payments I don't have issues in this strategy. The project just want to protect the price of their coin/ token so they will have to find ways to make sure that there is no sudden dump.
-
Bounty hunters are always to blame when token price dump suddenly.
Batches distribution will lessen the blame of hunters and to anticipate price dump. There's more advantage than one time distribution.
I'm not against it, I'm with it as long as they will distribute the tokens.
-
Bounty hunters are always to blame when token price dump suddenly.
Batches distribution will lessen the blame of hunters and to anticipate price dump. There's more advantage than one time distribution.
I'm not against it, I'm with it as long as they will distribute the tokens.
In my opinion, early investors are more to blame for the fall in the price of new tokens than participants in ICO bounty campaigns. Compared to the number of bounty hunters and tokens paid to them, early investors have a lot more opportunities to do this.
In addition, usually while the bounty hunters receive new tokens, then, as a rule, by this time the tokens have already dropped significantly in value.
It is unlikely that paying bounty hunters in batches will solve anything, but if they consider it necessary, let them do it.
-
Scammers like in the crypto world have been and will be and nothing can be done about it.
-
I do not mind sometimes receiving new tokens earned in ICO bounty companies in my wallet in batches for several months. If the project is promising and its token grows in price, then this does not affect the bounty hunters in any way. However, if the projects are ordinary, and there are more of them, then investors will be able to sell these tokens, purchased at a 20-50 percent discount, and have a good profit, as well as lower the price of this token. At the same time, participants in bounty campaigns will again have no profit, since by that time the tokens will be almost depreciated. I don't like this scenario at all.
-
I'm not worried about payment in batches. But the most important thing is the distribution schedule that is not delayed.
-
Whatever it is, the method of payment for Bounty participants, I think it will not be a problem, the most important thing in the forum will be more and more bounties. Bounty payments in batches will also be accepted by Bounty campaign participants, but please don't always blame Bounty hunters in the event of a decline in token prices in the market.
-
Do you think this pattern will change a project progress?
What do you mean? I don't really understand how payment in batches can influence the project progress. I assume there is no big impact caused by the type of payment distribution to the hunters. It only keeps the dump temporarily, and the number of tokens to distribute for bounty participants isn't a really big number. People who dump the price is likely coming from investors, whales, or developers themselves.
-
Which current projects are paying in batches can you name them please?
I am promoting clintex which aims to distribute bounty reward equally in 5 months after the campaign ends so it will be like 20% of the reward every month.
I do not know if some other campaigns are also doing the same.
-
Maybe, some new coins don't have a huge volume so the best way to protect investor for a large dump is to cut the bounty rewards in batches, it's a nice move, I don't like when they put and a date and when this date is reached they give another estimated date, if everything goes as planned will be great, no need to change every time.
-
It is becoming very clear that a new pattern of bounty distribution in Batches has surfaced, and in my opinion, this may become a new way for all bounty payments now and in near future; just like the IEO has now taken over as a more reliable way of token sales over the ICO, such may be the new trend in bounty distributions. Do you think this pattern will change a project progress? Thank you
this might be a new way to overcome dump the price I myself believe all that is done bounty manager is the best way to make a coin is not too fall in this manner sufficiently proved effective to make the coin more stable and to have a much better distribution of payments bounty with 3 batches will The bounty hunter do disposal prevent dirt coin.
-
It is becoming very clear that a new pattern of bounty distribution in Batches has surfaced, and in my opinion, this may become a new way for all bounty payments now and in near future; just like the IEO has now taken over as a more reliable way of token sales over the ICO, such may be the new trend in bounty distributions. Do you think this pattern will change a project progress? Thank you
How can a project owner send bounty Rewards because if bounty Rewards Erc20 based assets then Ethereum transaction gas fees issues they cannot able to pay it. If pays, then they paid Ethereum gas fees more than bounty Rewards.
-
How can a project owner send bounty Rewards because if bounty Rewards Erc20 based assets then Ethereum transaction gas fees issues they cannot able to pay it. If pays, then they paid Ethereum gas fees more than bounty Rewards.
I also think so, expensive gas fees are a problem for sending bounty rewards. Is using the 3 phase distribution method the right way for a solution like this?
-
In my opinion, this Batch payment pattern will be very good and profitable if the coins are already in the market. This is because it will reduce the possibility of a large sale so that the token price can be stable. And I hope this is a new payment system that will certainly be adopted by many projects.
-
I honestly support this idea of distributing bounty tokens in batches, this is the first time am getting to know this and trust me, if every up coming projects can implement this strategy, it will not only help the project but all save the investors as well as the bounty participants too, this is a good either and If happens i have to opportunity of starting a project, this is definitely what I will do in terms of bounty and airdrop distribution.
-
I'm not worried about payment in batches. But the most important thing is the distribution schedule that is not delayed.
Better delayed than never to pay.
There are things we must consider this time where Eth gas fee increase and decrease. The high gas fee could affect the distribution because it will seriously decline the income of the project. We must trust the responsible manager and the team about the distribution plan and we should have some patience.
-
This is really well according to my point of view , because if bounty budget is high ( more than 100K USD ) then we can see it's negative effects on their price .
Infcat invester Also know as a result They will invest little amount on such projects .
If payment in batches then we can say their Will not too much bad effect on project reputation as well on its price .
-
Agree with that observation mate if the Bounty payment method was in batches but within just 3 months and not in 1 year, because we already know that the price was reduced too much after 1 year, and it might be no value at all, I like the arrangement of Bounty Manager Bubbalex it's quite fair and square, 33 percent in 1 month another 33 percent in 2 months and 34 percent in 3 months after listing.
-
There is nothing wrong. The chance of a quick sale of a large number of coins is simply reduced and, accordingly, the price of the token is stabilized. It doesn't make a big difference in how you get coins, just to get them in full.
-
I don't think it will be the next trend, distribution in batches for bounty payment was done by few bounty managers or project teams only. For the example is bubbalex, or the team projects of his bounty programs (DIA, Cartesi, FERRUM), they distribute the bounty payment in batches. I think they want to avoid the dump in their token prices in the market.
-
It is becoming very clear that a new pattern of bounty distribution in Batches has surfaced, and in my opinion, this may become a new way for all bounty payments now and in near future; just like the IEO has now taken over as a more reliable way of token sales over the ICO, such may be the new trend in bounty distributions. Do you think this pattern will change a project progress? Thank you
Some teams still continue to distribute their new tokens to bounty campaign participants in separate parts, but, in my opinion, this trend has not found its wide distribution. This branch started a few years ago, but little has changed since then. This idea, as always, has both positive and negative aspects. Sending tokens in parts means that not one, but several transactions will be carried out. And that means additional costs.
-
The purpose of doing that is to avoid falling in price when the token price goes up, I think it's good to keep the token price down, but if the project team doesn't want the token price to go down, they can buy back or redistribute the stablecoin
-
When a traditional online game shuts down, users traditionally lose all of their in-game purchases. NFTs, however, exist independently of a specific gaming platform and live on the blockchain itself. As such, in-game purchases can be bought and sold regardless of what happens to the game, and new games can be designed to plug into an existing blockchain protocol. Furthermore, blockchain-enabled game assets cannot be duplicated or tampered with because of the permanent record each NFT generates upon issuance.