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Author Topic: As A Bounty Hunter - Which System Of Payment Do You Prefer, Stakes Or Fixed Amount?  (Read 16818 times)

Offline nakmantu99

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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.


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.

What about you guys? Which do you prefer, the stakes system or fixed amount payment for bounty?

If they are the bounty will pay you with fixed  ammount,  I think It is more usable and profitable  than stakes.

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Offline araalfaris

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I prefer a fixed amount than a stake. because when paid a fixed amount, we can find out how much our total income is every week (specifically social media). so we can know whether the rewards we get are equal to our work or not.
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I prefer a fixed amount than a stake. because when paid a fixed amount, we can find out how much our total income is every week (specifically social media). so we can know whether the rewards we get are equal to our work or not.

isn't it the same? when you are paid with a stake. and get a token according to your total stake. the price of the token that you have does not necessarily match the price of ico. and the calculations that you make, (whether your income is equal to your work or not) is also useless. because when in the market, the price of the token is not necessarily in accordance with the price of ico.

Offline PreshB

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I  prefer  fixed  amount  of  payment.

Offline bubblebubble

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Even if the Bounty managers promise to pay in fixed amounts, sometimes they pay in correspondent tokens at change of public sale and sometimes more with higher change... so it is difficult to say.

               

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Offline keyz

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Absolutely 100% agree with fixed amount. We can count our rewards ourselves. It is more fair because the team or bounty manager has set the amount of rewards from the beginning. And people know very well how much they get for each tasks on the bounty program.
« Last Edit: February 05, 2019, 01:01:24 AM by keyz »

Offline juv3ntus1

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Fixed Amount because i know from begining how many token i will take for my work.I do some bounty with stakes for two months and in the end i take almost nothing ,the reward was very low.
« Last Edit: February 05, 2019, 08:31:32 AM by juv3ntus1 »
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you just made my day with this. I am so happy about this. I can now strategize myself before any bounty I participated in.
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Offline laughingburger

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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.


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.

What about you guys? Which do you prefer, the stakes system or fixed amount payment for bounty?

This stakes and fixed payment is similar to another thread which is paying in ICO coins or coins that already have value in them, i will prefer stakes if the ICO specify the amount of hunters for that campaign if not last minute suddenly many hunters come out and the pool will become very small to distribute. If not i will choose fixed payment.
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Offline teamfearless

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i always love to  bounties with fixed amount because when a bounty  is fixed you dont care about how many participants in the bounty  all you need is to do hard work to get more tokens .. 
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A fixed way of paying for bounty hunters is always preferable. It allows you to determine in advance the amount of remuneration, and even if the ICO team decides to extend the period of its ICO, then earnings will increase. In the case of bids, it will be almost already free work.

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Offline andrewBud

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I prefer steaks with a fixed number of participants.  If you pay a fixed amount, it usually turns out very little.  If the number of participants is not limited, then this is also not very good.  At the same time, the pool can always be trimmed.  Therefore, there is no specific recipe.

Offline tonymillions84

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i getting piss off in this bounty of thing. people has been hunting and some crazy lazy people are somewhere ripping what they did not work for. imaging participating in bounties. at the end somebody used your details to take everything away from you. pathetic.
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PATRON
DOGE DAF
 
   
A MEME-TOKEN WITH NFTs AND
METAVERSE, NAMED AFTER
THE FEARLESS DOG PATRON

FROM
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UKRAINE

 
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ABOUT PATRON DAF

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  ..IDO WITH UNICRYPT..

Offline gurunanakji777

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Fixed payment would be the much better option as compare to the stake system because in stake system we sometime receive less coins and sometime received more than expected it is all dependent on the number of participant So I believe if number of participant will be fixed in the starting of campaign than it does not matter whether you get stakes or fixed amount of tokens because we calculate the coins with maximum participant.

Offline toheed2x

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stakes system is good but fair system now stakes system not fair they change they reduce they do whatever they want to do  :-X
         
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.BLOCKCHAIN BASED SYSTEM.
.FOR DATA DELIVERY AND........
.CERTIFICATIONS......................
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..........WHITEPAPER..........
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