Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: owmivmen on August 01, 2018, 07:11:32 AM

Title: When are bounty participants paid for using fiat?
Post by: owmivmen on August 01, 2018, 07:11:32 AM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.
Title: Re: When are bounty participants paid for using fiat?
Post by: sibolis on August 01, 2018, 07:37:46 AM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.
Wow that is not fair.  You receive only $8 from let say $65k allocations.  Yeah, that is the risk when they pay with their token.  Nobody know what the value will be, if you lucky and that token price go to the moon you will be happy without them paying with etherum or fiat right?
Title: Re: When are bounty participants paid for using fiat?
Post by: tamango on August 01, 2018, 08:27:28 AM
problem is not token value but rules allocation and numbers of partecipants, maybe in your case there were too many partecipants because if you were paid in ETH you would have received 8$ in ETH  ;D
Title: Re: When are bounty participants paid for using fiat?
Post by: owmivmen on August 01, 2018, 09:05:01 AM
problem is not token value but rules allocation and numbers of partecipants, maybe in your case there were too many partecipants because if you were paid in ETH you would have received 8$ in ETH  ;D
the problem is not in the participants but the token value after the market. is this the dump effect of bounty? no! token given to bounty participants 1 month after the end of ico period. why do not they pay participants with fiat or eth? while they earn $ 8 million during token sales.
Title: Re: When are bounty participants paid for using fiat?
Post by: Mbah Jenggot on August 01, 2018, 09:10:35 AM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.

I agree mate. The problem is the value of market if bounty participant paid for using fiat.
Title: Re: When are bounty participants paid for using fiat?
Post by: Nestle on August 09, 2018, 05:12:02 PM
I thought about that. why is the ico project afraid of price reductions due to bounty participants? It could be that the ICO project provides some ethereum to pay the salaries of the bounty participants.
Title: Re: When are bounty participants paid for using fiat?
Post by: husanchaika on August 09, 2018, 05:41:33 PM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.

I asked the same question. Most answers were like "project can't pay you back with fiat or top-10 coins because they need these fund to develope their product".
But my answer is, if a project can't afford marketing cost, it is a sign that the project probably will fail.
Title: Re: When are bounty participants paid for using fiat?
Post by: Official_BlockFolks on August 09, 2018, 06:12:55 PM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.

This is the danger of doing altcoin bounty. You have to bear the risks.

Of course there are other bounties that paid btc or $$, however these are paying very little. A week of legendary account in the most popular forum can be paid as low as $25/week in signature campaign.

If you are doing altcoin, you can get a lot more but you can get none if the project fail. That is why you have to choose wisely.
Title: Re: When are bounty participants paid for using fiat?
Post by: SuccessManiac on August 09, 2018, 06:52:16 PM
Bounty hunters are paid for promoting projects and you get paid based on the tokens backing that project. It is a project in the crypto world so you get paid in cryptocurrencies and not fiat.
Title: Re: When are bounty participants paid for using fiat?
Post by: natmuller68 on August 09, 2018, 07:03:06 PM
The rewards depend on the price of the tokens of course, but if you do a lot of work for somes projects who dont get paid you back it's not encouraging.
Title: Re: When are bounty participants paid for using fiat?
Post by: CrypMania on August 09, 2018, 10:40:26 PM
You worked for ten good weeks and was paid $8? What the heck? There are some bounties which pay in ethereum or bitcoin but it is not easy to participate in such bounties. Talking about why they pay in their tokens is because of the wide adoption of their tokens.
Title: Re: When are bounty participants paid for using fiat?
Post by: Dark_Soul on August 09, 2018, 11:00:59 PM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.

Because bounty is promotion for free. The team of the project pays tokens, which in fact are worthless and are not backed by anything. For the project, this is very beneficial
Title: Re: When are bounty participants paid for using fiat?
Post by: tamango on August 10, 2018, 02:18:32 AM
It really depends on success of the project and on how many partecipants there are in bounty. There are bounties that pay just few $, others that pay more than 1000$..
Title: Re: When are bounty participants paid for using fiat?
Post by: cryptothief on August 10, 2018, 03:23:12 AM
I'm guessing your 8 weeks of 'work' was posting on Facebook or Twitter? Not really a time consuming task to do, but I get the disappointment with the final amount. Unfortunately that seems to be the way most bounties are going now, nothing like the 2017 jackpots. What to do, that's the risk you take when participating. Most bounties distribute their tokens as bounty rewards; and as some has already mentioned, the ones that offer BTC/ETH are generally much lower rewards. Might as well hold on to them and see if you can get a better return, you're not going to lose any sleep if the $8 turns to nothing.
Title: Re: When are bounty participants paid for using fiat?
Post by: gotbounty on August 10, 2018, 09:57:13 AM
I thought it would be very difficult. The possibility of that happening is very difficult because the developers would prefer to give their tokens as payment for bounty hunters. However, I myself would also be very happy if given fiat as rewards.
Title: Re: When are bounty participants paid for using fiat?
Post by: aji678 on August 10, 2018, 04:56:00 PM
It would just ruin the whole idea of bounty and turn it into a regular job. The best thing in bounties is that you can support the project that you really like and get thier tokens without investement. If you don't think that these coins would be worth a lot, then why do you participate in their bounty? You'd better find some real job paid in fiat, that way you can work for a company even if you don't believe in it, but just want to earn. But bounties are different.
Title: Re: When are bounty participants paid for using fiat?
Post by: natmuller68 on August 10, 2018, 06:24:00 PM
It would just ruin the whole idea of bounty and turn it into a regular job. The best thing in bounties is that you can support the project that you really like and get thier tokens without investement. If you don't think that these coins would be worth a lot, then why do you participate in their bounty? You'd better find some real job paid in fiat, that way you can work for a company even if you don't believe in it, but just want to earn. But bounties are different.

it do not ruin the idea of bounty, this is just people want to get fiat because the price of the coin when he listed on exchange can drop a lot.
Title: Re: When are bounty participants paid for using fiat?
Post by: emjay825 on August 10, 2018, 06:45:34 PM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.

Well, I think it's unfair if they did not give you what you're supposed to receive as stated in their rules. For the campaign duration of 10 weeks, you would be getting thousands of dollars I guess. A friend of mine got more than $16,000 (token equivalent) in a 3 months campaign period from the signature, facebook, and twitter campaigns. So, you should receive more!
Title: Re: When are bounty participants paid for using fiat?
Post by: Icon on August 10, 2018, 06:52:38 PM
Earning 8$ from a bounty program that lasted for 10 weeks is not fair. Which campaign did you participated? Am sure the participants were many
Title: Re: When are bounty participants paid for using fiat?
Post by: MaMooN on August 10, 2018, 07:23:11 PM
hi

as a bounty hunter , i got disappointed from some project

some lie and decrease the bounty after they achieved their found 

some pay only 20% of bounty

even the bounty managed by agency

the rights of bounty hunters not exist

i suggest to build community for bounty hunters to save their rights 
Title: Re: When are bounty participants paid for using fiat?
Post by: natmuller68 on August 10, 2018, 11:44:36 PM
hi

as a bounty hunter , i got disappointed from some project

some lie and decrease the bounty after they achieved their found 

some pay only 20% of bounty

even the bounty managed by agency

the rights of bounty hunters not exist

i suggest to build community for bounty hunters to save their rights


They pay only 20% because they cant or just they dont want to pay their participant ?

What do you mean about commmunty for bounty hunters ? save their rights of course but there is one actualy ?
Title: Re: When are bounty participants paid for using fiat?
Post by: Dinid on September 27, 2018, 07:09:44 PM
Hello Ownivmen.
Many project owner doesn't want to lose their fiat money, or their top-coin asset such as : btc or eth, to pay bounty (airdrop and bounty hunters).
Mostly just want to pay use token that they already generated for free.

There are very few project that want to pay us using eth, btc, or fiat $$$
Title: Re: When are bounty participants paid for using fiat?
Post by: ZionRTZ on September 27, 2018, 07:19:05 PM
Hi maybe this is a stupid question but this is for future bounty hunter. Last month I participated in a bounty that gave 200 eth allocations but I experienced a bad thing when selling token from the bounty. their project reaches 75% of the available tokens. I work for 10 weeks and just get a token with a value of $ 8. is that fair? why do not they pay using eth or fiat? If I think they easily buy ethereum for a gift because the price of ethereum in the last month was $ 460.

It is very unfortunate to receive such measly $8 for 10 weeks of work. It looks unfair given that they reached 75% of their hardcap but they have already set 200 ETH as the bounty pool, which I think is really low, and you still participated.
Title: Re: When are bounty participants paid for using fiat?
Post by: xeroz on September 27, 2018, 07:33:59 PM
I never seen a bounty program paying participants with fiat. If any bounties want to pay the participants in USD, I am sure many people interested in the bounty. I think a project don't want to pay in fiat because it is too risky for the fund budget. Most of projects plan to share their tokens for ecosystem or participants to spread the token allocation. They can deal with two purposes in one way, paying participant in their tokens means no need fiat and spreading out token with big amount.