Hello all members!
I am a bounty hunter, as well as many of you
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.
Fiat rewards is impossible because they raise fiat. Tokens rewards are free. they create tokens value 1 million uSD and shared to members. That's easy and less cost. Giving away or airdrop are a way to promote ICO for free. How much money to promote via twitter with thousands participants and twitting eveyday? It is costly you know, writing on blog are not free and costly if ICO pay bounty with fiat. No guarantee ICO succesful they lost a lot of money. Giving tokens are a way to build community. No matter bounty hunters sell at low price. Low price is not becuase bounty hunters only but also the project it self. If the project potential to make profit the price will increase. You know that some ICO pay with btc or eth? Not shares the tokens, The price is still under ICO price in the market. Bounty hunters not more than 5 % effect to the price.