Post
Topic
Board Service Discussion (Altcoins)
Re: The cost of running a bounty?
by
Dewi Aries
on 09/09/2019, 02:46:58 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.
I think what really cost them is ETH fees. And usually from what i see, developers use their money if not reach softcap. Because it means they must refund investor's money. Or sometime use money that already raised from ICO. So, actually they not use their own money to pay fees because it is already on their use of funds. About this one usually they already put in their whitepaper.