Post
Topic
Board Altcoin Discussion
Re: ♠️♠️♠️Exchange bounty stakes to ETHER (ETH) instantly ♠️♠️♠️
by
Jekbolt
on 05/10/2018, 08:07:11 UTC
There is too much risk from both end but of course, this may be a good idea as a hunter I don't need to wait for couple of months. In your end, where's the assurance that the tokens will transferred to you as you know that payment address will not be changed or it is hard to change it. And in our end,  how it works I mean how many days until we get the exchange? Can we sell or exchange the stakes even the campaign is not yet over?

-edit so it is only for kamagames?

there are many ways how to minimize risks for both sides:
FOR HUNTER: can sell some part of his stakes (of a one project/campaign) and get stakes of another project or campaign = NOT PUTTING ALL EGGS IN ONE POCKET

FOR INVESTOR: can create different models forecasting the number of stakes at the end of the campaign in order to offer a reasonable LOW PRICE THAT WILL COVER RISKS.

In your end, where's the assurance that the tokens will be transferred to you as you know that payment address will not be changed or it is hard to change it.

TOKIE doesn't need the assurance from a hunter because up to 50% of tokens allocated to the bounty pool will go through TOKPIE due to the agreement: https://medium.com/@kamagames/tokpie-appointed-by-kamagames-to-boost-the-kgt-bounty-campaign-800d051c6a95.
Kama transfers up to 87,500 KGT to TOKPIE, then TOKPIE deposit KGT to the accounts of stakeholders opened in TOKPIE platform in accordance with the stake-to-token conversion rate. Stakeholder/or token-holder can change his wallet address every time when making withdrawals from TOKPIE.

And in our end,  how it works I mean how many days until we get the exchange? Can we sell or exchange the stakes even the campaign is not yet over?

Don't understand that part of your question.

You can sell/buy (or just hold) stakes at any time until bounty is going on. When the bounty is finished and conversation rate has been calculated the trading of stakes is stopped and distribution of KGT begins