Topic: Bounty hunters killed ICO? - page 2. (Read 7081 times)
How can bounty hunters kill the ICO's can anybody explain because company raising money and they need to develop the product? Companies will allocate a very low percentage to the bounty people and it will not damage the entire project and people are spreading negative about the bounty hunters.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
No, personally, I don’t think so! What does bounty hunters have to do with it? These people help the project to develop and attract attention to their project, their remuneration for the work done rarely exceed 5% of the total number of coins, and how can you kill a project by selling only 5% ??2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
Bounty hunters are not responsible and shouldn't be blamed for what happened to ICOs most ICOs failed to keep their ICO promises especially that of exchange listing. All this made investors angry and they sold because most projects pay bounty hunters months after they're listed some have a lockup of months as well
There are two cases and having different consequences .
1. If Bounty got hijacked by few people (Now a days we a marketing consultancy firm observed that most of bounties hijacked by Vietnamese, Philippines multi account holders) than definitely amount of tokens they will earn will be dumped in future.
2. Bounties are for all around world people except some countries where it is illegal, Marketing campaign run for creating awareness all around the world except two three countries. If people from different part of world join bounty than it will really be good for project and it will worth it.
1. If Bounty got hijacked by few people (Now a days we a marketing consultancy firm observed that most of bounties hijacked by Vietnamese, Philippines multi account holders) than definitely amount of tokens they will earn will be dumped in future.
2. Bounties are for all around world people except some countries where it is illegal, Marketing campaign run for creating awareness all around the world except two three countries. If people from different part of world join bounty than it will really be good for project and it will worth it.
not all prize hunters kill ICO, the question is the initial investor who receives the token first. Prize hunters receive tokens at the end of the project and not all prize hunters will sell tokens that they have received at the end of the campaign, some of them prefer to save them.
I fully agree with you, I believe that with a properly planned and conducted bounty the project will only benefit. However, with the wrong approach, negative effects can also occur
not all prize hunters kill ICO, the question is the initial investor who receives the token first. Prize hunters receive tokens at the end of the project and not all prize hunters will sell tokens that they have received at the end of the campaign, some of them prefer to save them.
the most important thing here is the allocation given to the bounty hunter is the decision of the development team. so, they need to do calculations regarding this. if they feel that it can kill their project, they should have given a small allocation from the start. In this case, Bounty Hunter is not entirely wrong, because they also do what they need to do to help the project.
when the ICO is finished, that's when the team's strategy needs to be done either to develop the products they make or try to maintain prices. whether a project dies or not is not determined by the bounty hunter, but what determines it is the team of the project.
when the ICO is finished, that's when the team's strategy needs to be done either to develop the products they make or try to maintain prices. whether a project dies or not is not determined by the bounty hunter, but what determines it is the team of the project.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
That is very wrong and I do not agree with you ... the bounty hunter never be able to kill ICO, because the allocation of coins given to the bounty campaign is only 1-3% of the 100% of coins launched..It makes no sense if only 1-3% can kill altcoin prices in various markets ... so don't blame the bounty hunters who have made Altcoin price dumps on the market ... because of the thousands of bounty campaign participants they only hold 1 -3% of the altcoin and the rest is held by investors, advisors and teams with a percentage of 97-99% altcoin launched to various markets. so think wisely so that it doesn't make many bounty hunters feel offended
The provisions are not the hunters who damage the price on the exchange, but the team itself can not overcome it, maybe the price is damaged in the market because when the sale does not run out and the rest of the team can sell in the market, except for the burnt tokens that are not sold.
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.
True or False?
That is very wrong and I do not agree with you ... the bounty hunter never be able to kill ICO, because the allocation of coins given to the bounty campaign is only 1-3% of the 100% of coins launched..It makes no sense if only 1-3% can kill altcoin prices in various markets ... so don't blame the bounty hunters who have made Altcoin price dumps on the market ... because of the thousands of bounty campaign participants they only hold 1 -3% of the altcoin and the rest is held by investors, advisors and teams with a percentage of 97-99% altcoin launched to various markets. so think wisely so that it doesn't make many bounty hunters feel offended
In a way, I will say it is totally false because bounty hunters do not have many tokens compared to private investors who hold plenty coins bought at a very cheap price. Most bounty hunters are serious holders because they read the project and put their trust in it.
And even considering the rate that each hunters holds and when you think deeply, they do not sell on the same day so the dumping effect is caused by those who hold many coins not the peanuts that bounty hunters hold.
And even considering the rate that each hunters holds and when you think deeply, they do not sell on the same day so the dumping effect is caused by those who hold many coins not the peanuts that bounty hunters hold.
No, the price of the token is tied solely to its usefulness and market relevance. Many successful projects have had bounty and airdrops campaigns.
This happens only with those projects that have a small capitalization from the very start. Investors, first of all, began to invest less in ICO due to the huge amount of scam.
Rather, the main reason of failure is the lack of business expertise.
Thanks. That is more reason most of them have become craps. The foresight may be there at the beginning, but after such mistake might have occurred, they become lost, not knowing what to do to correct it.
ICOs, IEOs or whatever form or name the fundraising project is called, it ought to be handled by expertise which is one of the major factors that should be considered.
Prize hunters don't kill ico, but scamers who kill ico because they abuse the project as a crypto scheme to get rich. they need to remember that without the prize hunters, the project will not be known by the project investors, but instead they instead consider that the prize hunters are causing ico's reputation to be destroyed.
I disagree,paying for bounty with a currency whose value is very volatile due to its newness and other market factors is a grave mistake.
Gitcoin and Bounty Network reward bounty activities in either ETH or DAI,this are pretty stable,bounty hunters are less likely to dump them.
When one receives $X in bounty rewards today,such may be valued at $0.1X in two months from now.
Gitcoin and Bounty Network reward bounty activities in either ETH or DAI,this are pretty stable,bounty hunters are less likely to dump them.
When one receives $X in bounty rewards today,such may be valued at $0.1X in two months from now.
There is a good intention but cannot say that the people who promote the project also bring success to the project
THE Project is most projects ususally lacks continuity ! THey can’t simply rely on the Ico funds to keep sustaining the token price ! Investors will take profits, hunters also ! At everytime there is need for new flow of funds into the project as investing or else , the price will dip because holders will want to sell !
One problem is that nobody wants use these platforms which are developed and ICO projects will eventually die. Average user is already finished discovering new things and is happy with big companies services. Internet is already divided and conquered.
Bounty hunters are often blamed for dumping prices of coins. But this is not entirely true. In fact, token allocation is split among many others, team members, advisers, bounty hunters and others. Furthermore, a large chunk of bonus are given to investors during the ICO or IEO, which helps fall price of coins dramatically.
Same happens with airdrops, too, bot only with bounty programs. But in the end it's all about people's work that needs to be paid. They wanna do Airdrop, they let people complete their airdrop bounty (join Telegram, instagram, add email , etc.), save their wallet and send tokens only when they get on the stock exchange. They are afraid of tokens being exchanged on decentralised exchanges like EtherDelta.
I think, Airdrop tokens should be send immediately after you complete airdrop bounty. Otherwise it makes no sense to me.
I think, Airdrop tokens should be send immediately after you complete airdrop bounty. Otherwise it makes no sense to me.
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