Post
Topic
Board Altcoin Discussion
Re: I feel sorry for the EMIREX bounty hunters $20 for 9 months of waiting
by
bryant.coleman
on 21/10/2020, 05:18:34 UTC
The bounty campaign ended just over 9 months ago the token was credited on the bounty hunters account dashboard on Emirex the value then was $ 0.47 cents the token on the bounty hunter's dashboard is locked and  will be released this October 28 after 9 months
https://bit.emirex.com/ieo-announcement-3

Now the price is now trading at $0.18 I have a friend here who had 130 Emirex tokens valued now at $24 down from $49 it was such a long wait for $24, imagine waiting 9 months only to receive $24, this is how disgusting Emirex is, they should have released it much earlier.   

Well... this is how it works. At least in the case of Emirex, they made the payment as promised. Nowadays 90% to 95% of the projects fail and those who participate in their bounty campaigns don't receive any reward. Emirex could have made a part-payment in ETH or BTC, to the bounty hunters after the ICO. I understand that they want to prevent the dumping of tokens. Taking that in to account, both the sides can be kept happy, if a small amount (10% or 20%) of the bounty was paid immediately, after the ICO (in ETH or BTC). Since the amount is not large, it will not burden the project development and at the same time it will keep the bounty hunters happy.