Post
Topic
Board Altcoin Discussion
Re: The cost of running a bounty?
by
efxtrader
on 09/09/2019, 01:12:07 UTC
Running a bounty can't be cheap. For every person participating you have to pay a fee. For telegram and airdrops, how do the devs afford it?

10k airdrops at 1 cent is $100 just for one round. That sounds costly to me. I also doubt a transfer would be so little as 1 cent.

What makes me wonder even more is how do devs that give up on their projects or let them die still pay out their bounty? Some scams even payout their scam coin which must cost them 100s of $$

Is there something I am missing? is mass sending eth tokens cheaper then I think? Maybe someone with some experience in send to multiple eth addresses knows. You also need to use a special service or have the know-how to send to multi addresses as well.

When the developer team holds a bounty program and also an airdrop, they have a goal to introduce the project in the hope that an investor will enter. I think they have calculated how much they spend and what they will get. They pay with their own tokens and it is cheap because they make it themselves, while investors are disadvantaged because they buy with coins that are already on the market and have value