[ANN][ICO] 🔵SUPERBLOOM 🔵 SEED ICO 🔵Crypto exchange built on Stellar 🔵 - page 31.

Ace44

member

Activity: 672

Merit: 11

Quote from: faulerwilli on May 22, 2018, 07:15:46 AM

Quote from: Sozialtourist on May 22, 2018, 03:57:36 AM

Speaking of dumping: When a new project is added to the platform and holders will get tokens as rewards based on the amount of SEED they hold. What stops people from buying more SEED just before the distribution and then dumping the coins right after the free tokens are distributed? Do they have a solution for this?

We can assume that the SEED Tokens will become more and more expensive over time and probably not worth doing.
You have to own a lot of SEED, so that the participation pays off

Yea, the fact that superbloom is going to be an exchange and holders of a certain amount of quantity will be able to own a certain percentage of any token that will be added to the platfrom gives holders that feeling to hodl and not dump because is a known thing that once users begin to use the platform the value of SEED is bound to increase

ibininja

member

Activity: 490

Merit: 10

Quote from: Sozialtourist on May 22, 2018, 03:57:36 AM

Speaking of dumping: When a new project is added to the platform and holders will get tokens as rewards based on the amount of SEED they hold. What stops people from buying more SEED just before the distribution and then dumping the coins right after the free tokens are distributed? Do they have a solution for this?

The condition based on my understanding is that you need to hold for a year. the distribution is done yearly and not after a given project is finished. In that sense the question is how would you go about volatility.

gee777

member

Activity: 728

Merit: 10

Quote from: nesh1 on May 22, 2018, 07:25:49 PM

Quote from: cryptossi on May 22, 2018, 05:38:01 PM

Quote from: Sozialtourist on May 22, 2018, 05:09:05 PM

Quote from: faulerwilli on May 22, 2018, 04:50:20 PM

Quote from: phantam on May 22, 2018, 04:21:25 PM

Quote from: nxnqauff on May 22, 2018, 04:11:03 PM

Quote from: Nathan01 on May 22, 2018, 01:07:11 PM

Quote from: Sozialtourist on May 22, 2018, 03:57:36 AM

Speaking of dumping: When a new project is added to the platform and holders will get tokens as rewards based on the amount of SEED they hold. What stops people from buying more SEED just before the distribution and then dumping the coins right after the free tokens are distributed? Do they have a solution for this?

Hmmm, I have never seen it this way, I think Superbloom could work on listing tokens that are worth it, that has real life use cases, that are hard to dump and maybe not really in great quantities, I think they could work with this, besides getting a good amount of SEED token tentatively means you're a good holder as well

This is also something new to me. But there should be some minimum SEED requirements. Do we already know that number? I remember seeing this number somewhere..

To my knowledge theirs no minimum but scales, as for trying to get people to not cycle I think is a smart idea perhaps have it so that only people who have had a balance for a sustained time get the drop

that sounds like a good idea and would be very easy to implement. Only if the tokens are in the wallet for 2 months, for example, one will receive benefits. A very good idea, you could suggest that to the team in the telegram channel

I made some research and found that they are planning to add exactly something like this. You cannot sell your SEED for 30 days after you get rewards for holding them. A very good solution, if you ask me.

Nice idea, Superbloom have thought of everything it seems, it's nice to see a project put this level of preparation into its operations. I think having a big bag of tokens will be very beneficial to investors because of the free tokens they will receive.

I actually think that no one will sell any SEED Tokens as they can give you free tokens for holding, why would you not want that?

I actually don't get it too but this is crypto where anything can happen, people don't care they will sell it when there's no new project coming to the platform and buy back later.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

I agree but some people will sell as that’s just the industry we are watching people do crazy things like dumping quality holdings for chump change all we can hope is the smarter more patient minds last longer and have bigger pockets

nesh1

full member

Activity: 448

Merit: 110