Post
Topic
Board Altcoin Discussion
Re: FIAT rewards for bounty hunters.
by
hildacitra
on 20/08/2018, 00:37:32 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.

It is a great news if bounty hunters are rewarded fiat, not tokens or coins because the they do not need to convert the reward to fiat. However, it against the foundations of decentralization of Cryptocurencies. Most people are prefer to get coins or takens rather than fiat even thought fiat is simpler transaction than coins.