Post
Topic
Board Altcoin Discussion
Re: FIAT rewards for bounty hunters.
by
Ivy41
on 19/08/2018, 17:45:35 UTC

Hello all members!
I am a bounty hunter, as well as many of you  Smiley Wink
And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

I think it is a good opinion, but projects would not want to do this considering the facts that they are trying to raise money from ICOS for their project, so if they pay with fiats, it affects their income.

and funy enough, most projects do not pay to list in exchange, they still beg for votes.
Lets all bounty hunters wait, work and see what will be decided about this kind of scenario.

Exactly my perspective. Thou a good suggestion, believe me, many of these project barely made past the softcap stage. Payment with fiat will definitely ruin many of them straight up. I don't see feasible even in the long run. Cos many of them believe in giving people what they sell to improve the growth of their product's users.