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Topic: Bounty or Airdrop kill project? - page 18. (Read 2369 times)

full member
Activity: 896
Merit: 115
July 24, 2020, 05:25:37 AM
It can only be an assumption , there is no solid proofs to back this up.  You can go and do your research of all dead projects or underperforming project if it's Airdrop or bounty that made them died. A little percentage of the total supply is giving to bounty and Airdrop and it's just for marketing and not a giveaway. 
member
Activity: 210
Merit: 14
July 24, 2020, 05:00:16 AM
Very hard to believe that Airdrops and Bounties can kill a project, this will only make sense if 20% of the token max supply is given to bounty hunters which isn't even possible, nowadays only 1% of token max supply are given to bounty hunters, sometimes you will even see bounties with 0.01% supply of the whole project max supply

Moozicore is a nice example. The amount of their bounty allocated tokens was greater than they sold during 3 or 4 rounds of IEO. When the tokens got listed and bounty hunters were allowed to withdraw tokens from dashboard, they immediately crashed the price.

But I cant say that the project was killed because of bounty. The team that developed tokenomics killed the project.
That's another project that was hyped by McAfee isn't it? Well I blame the team, among all the four exchanges they choose for IEO there is no single top exchange among the exchanges, it's possible that some must have warned the team about small exchanges, some team are too full of themselves
legendary
Activity: 2436
Merit: 1207
July 24, 2020, 04:48:30 AM
Very hard to believe that Airdrops and Bounties can kill a project, this will only make sense if 20% of the token max supply is given to bounty hunters which isn't even possible, nowadays only 1% of token max supply are given to bounty hunters, sometimes you will even see bounties with 0.01% supply of the whole project max supply

Moozicore is a nice example. The amount of their bounty allocated tokens was greater than they sold during 3 or 4 rounds of IEO. When the tokens got listed and bounty hunters were allowed to withdraw tokens from dashboard, they immediately crashed the price.

But I cant say that the project was killed because of bounty. The team that developed tokenomics killed the project.
member
Activity: 196
Merit: 12
July 24, 2020, 04:48:28 AM
Crappy projects still needs bounty hunters help to spread news about their useless projects and when they list on an exchange and bounty hunters change their tokens to other coins the project quickly lose value and dump, what OP don't understand is that so many bounty projects are bad projects
hero member
Activity: 2268
Merit: 507
July 24, 2020, 04:40:25 AM
Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.
The managers aware about this and so many managers have already implemented the more verification to prevent the bot to join in the campaign. I rarely seen there was a bounty that was putting more than 2% from the total token sold. It's happening in the past but not for this year.
member
Activity: 252
Merit: 11
July 24, 2020, 03:30:39 AM
Bounties promotion have helped many projects that have good use case, those projects that died after few months of listing died because they have no good use case, OP I hope you do deep research on projects, you have too low knowledge about crypto, learn first
full member
Activity: 1017
Merit: 107
Axioma Holding - Axioma Pay Crypto Card
July 24, 2020, 03:28:48 AM
Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.
5% looks small amount for us, but when this dumped to market its not about 5% anymore but we will talk about investors psychology and mental. especially beginner investors that have no patience waiting good price will dumped their token too. they thinking price will continue dumped by bounty hunter, but didn't look at developtment progress.
member
Activity: 210
Merit: 12
July 24, 2020, 03:04:19 AM
Bounty hunters are free to do anything they want with their tokens, you can't tell them to hold or to dump, they work for it so it's on them to do what they like with their tokens, if a dev is stupid enough to think that bounty hunters will dump his tokens them he should just pay in Bitcoin or USDT
member
Activity: 210
Merit: 12
July 24, 2020, 03:02:37 AM
Very hard to believe that Airdrops and Bounties can kill a project, this will only make sense if 20% of the token max supply is given to bounty hunters which isn't even possible, nowadays only 1% of token max supply are given to bounty hunters, sometimes you will even see bounties with 0.01% supply of the whole project max supply
hero member
Activity: 3010
Merit: 629
July 24, 2020, 02:52:42 AM
Usually most of the project allocate small amount of tokens for bounty reward, there are exceptions. So if all hunters start dumping their tokens/coins, (usually some bounty hunters will hold), project owner can usually handle the situation.
Hunters spend time, efforts on it. So those are not free money. And you can do anything with your money, atleast in crypto.
I agree to this, its not a free money so bounty hunters can do what they want to their rewards.

Expect them to sell once the price gets better but should not blame for price dump. There are only small percentage allocated for hunters so it should not affect the price drastically or it it does the dev/team can handle such situation if their project is really good.
sr. member
Activity: 1002
Merit: 250
July 24, 2020, 02:43:47 AM
Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.
member
Activity: 280
Merit: 11
July 24, 2020, 02:39:10 AM
I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

I do not agree with you, because the percentage allocated to the bounty and airdrop hunters is small, which may be 6% to 10%, and this does not affect the price of the project token, the increase and decrease in supply and demand in token trading, and the success and failure of the project team in achieving its goals, This affects the token price. There are a lot of project hunters who hold their tokens for the long term until the project grows, We should not blame the project hunters.
Not so true, no bounty in 2020 gives bounty hunters up to 6% of their max token supply, we aren't in 2017, the highest you will see is not even up to 1% of total max supply, be expecting something like 0.01% to 0.50%, if you think this isn't true please go back and do research on most bounty campaigns
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
July 24, 2020, 02:33:23 AM
I shouldn't blame of bounty hunter because there helpful for a project promoting. Actually i didn't believe every hunter wanna sell token in lower price. Almost 90% hunter keep holding for the green chart even its our compulsion. I believe hunter action is good at this time so keep look good through.
copper member
Activity: 1120
Merit: 2
July 24, 2020, 02:22:16 AM
Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
sr. member
Activity: 978
Merit: 250
July 23, 2020, 10:01:00 PM
Actually i'm not totally agree with you. For marketing campaign they have to spend a lot of money. But by providing bounty token they can Save those money and in order to protect from dump they can buy back some token with cheap price from the bounty hunter. In this way they can also save the market.
Without the first quarter of 2018, I don't think any time was good bounty hunting. Only escrow or trusted bounty managers can't help to get bounty distribution. But I didn't stop participating in bounty hunting. Rewards are very low to recover your losses. If you have money, then start trade or invest in exchange IEO. Sometimes the team did extra money before bounty distribution.
sr. member
Activity: 1274
Merit: 252
July 23, 2020, 09:43:52 PM
I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.
You need to know that the allocation of bounties or coins obtained from airdrop is very small when compared to the total coins from the project. As we know that bounties and airdrops are held as advertising media, this is done very cheap compared to advertising services such as Google ads and Facebook ads. Blaming the bounty and airdrop is a long time under the pretext of damaging the market price of the coin, but a developer should be ready when they are advertising with bounties and airdrops. This is a problem with management, blaming several parties for not solving the problem and it is indicative of a childish attitude.
legendary
Activity: 1932
Merit: 1000
July 23, 2020, 09:01:11 PM
Actually i'm not totally agree with you. For marketing campaign they have to spend a lot of money. But by providing bounty token they can Save those money and in order to protect from dump they can buy back some token with cheap price from the bounty hunter. In this way they can also save the market.
but there are rarely projects that buy back tokens from prize hunters, most of them just let it go and eventually their prices are destroyed, even more sales lists, without a purchase list, that's what happened to the few coins I have ever had
legendary
Activity: 1526
Merit: 1026
SellDefi.com | Earn by selling files
July 23, 2020, 04:18:38 PM
Usually most of the project allocate small amount of tokens for bounty reward, there are exceptions. So if all hunters start dumping their tokens/coins, (usually some bounty hunters will hold), project owner can usually handle the situation.
Hunters spend time, efforts on it. So those are not free money. And you can do anything with your money, atleast in crypto.
full member
Activity: 812
Merit: 100
July 23, 2020, 07:25:01 PM
Not as long as they do not distribute bounties and airdrops at the beginning and are able to increase liquidity before they add bounty and airdrop prizes that will not make their projects die, but if they have distributed bounty and airdrop rewards and the smart contract has no locking, when entering exchange there will definitely be a terrible decline token price that will cause their project die.
legendary
Activity: 1834
Merit: 1492
July 23, 2020, 07:18:10 PM
I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

I do not agree with you, because the percentage allocated to the bounty and airdrop hunters is small, which may be 6% to 10%, and this does not affect the price of the project token, the increase and decrease in supply and demand in token trading, and the success and failure of the project team in achieving its goals, This affects the token price. There are a lot of project hunters who hold their tokens for the long term until the project grows, We should not blame the project hunters.
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