Post
Topic
Board Altcoin Discussion
Re: FIAT rewards for bounty hunters.
by
gabrielkings
on 19/08/2018, 20:26:14 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'd say your point is a notable one... But I highly doubt bounty hunters can dump a solid project with unique products. As a matter of fact tokens allocated for bounties (most) shouldn't drop the price of a token as more % are allocated to sales.