If it is true, what sense does it make after spending millions of dollars to create a project, you still decide to carry out bounty and airdrop, knowing fully well it will kill the project. Is it not stupidity!
The reason behind airdrop or bounty campaign is for awareness purposes of the project, the token being rewarded to them at the end of the campaign is for the job well-done of spreading the news of their project to investors or users that such project is inexistence.
Airdrop or bounty doesn't in anyway affect or kill project
Topic: Bounty or Airdrop kill project? - page 19. (Read 2408 times)
No, they just did their part as being a promoter for projects. If a coin too bad that even such a low volume of airdrop or bounty enough to kill it, not to mention ICO then I don't think the fault is on airdrop and bounty hunters.
The low volume will create a big spread between the demand and supply in the market and it will make even when someone dumping a small amount of coin and that will give a huge impact to the price as there was no demand to buy such token. this is the main purpose of mass marketing.
but not all projects will dump all depending on market demand and where the tokens / coins are listing. if they are listed on a small exchange will certainly experience a dump, the token for the bounty is only a few percent and certainly will not affect if the project is good because there will be many requests
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.
First thing first, everybody sells their earned token, be it airdrop/Bounty participants or perhaps investors, so selling of tokens is not an excuse for failed projects. Likewise, Airdrop /Bounty cap is usually around 1% of the total supply, so shift this mindset to somewhere else.
Airdrop and bounties are a good step in the right direction for project that wants growth and spread the positives kf their platform, which is why the most important factor before launching a Bounty program is to give a credible bm and get a real and credible Bounty hunters
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.
Bounty and airdrop don't kill projects, the survival of any project mostly lies in the hands of the dev. Many projects have poor delivery or launch after ICO or IEO. I can mention many projects which have not distributed bounty tokens and have done - 99%. Private investors may dump, dev also may cashout, etc. Gold projects with great implementation continue to do great years after launch. So I don't agree with the assumption that bounties/airdrop kill project, in fact quality bounty programs help create awareness about the project when no one has any knowledge about it.
Depends on how you do it. Bounty and airdrop is actually something that should improve the project, you should be able to actually use them to get your coin a lot more valuable. Now airdrop is harder because you are basically giving it away and that is not really worthy.
However bounty is something people work for and if they give it away for cheap that means they are giving their work for cheap as well and not many people would want that, of course from nation to nation understanding of "cheap labor" changes, something cheap in USA is actually a lot of money here, but it is still not cheap enough to drop everything for less than 5 bucks because you worked for it and you want to get paid. So, if done properly these things are what makes projects succeed not kill it.
However bounty is something people work for and if they give it away for cheap that means they are giving their work for cheap as well and not many people would want that, of course from nation to nation understanding of "cheap labor" changes, something cheap in USA is actually a lot of money here, but it is still not cheap enough to drop everything for less than 5 bucks because you worked for it and you want to get paid. So, if done properly these things are what makes projects succeed not kill it.
No, they just did their part as being a promoter for projects. If a coin too bad that even such a low volume of airdrop or bounty enough to kill it, not to mention ICO then I don't think the fault is on airdrop and bounty hunters.
I do not think that nowadays the bounty reward is that big to even make this claim and if someone is afraid that the bounty reward worth few thousand can dump the coin then they should open buy orders and that will solve the problem.
Right now in the market, there are so many ongoing bounties that seem so good and they have scope to do great in the future. It's just on you which project are you selecting for the bounty. If you do research on everything regarding the project then you definitely get the chance to work for a good bounty campaign. I do not think that nowadays the bounty reward is that big to even make this claim and if someone is afraid that the bounty reward worth few thousand can dump the coin then they should open buy orders and that will solve the problem.
Right now in the market, there are so many ongoing bounties that seem so good and they have scope to do great in the future. It's just on you which project are you selecting for the bounty. If you do research on everything regarding the project then you definitely get the chance to work for a good bounty campaign.
In fact, a good quality project can never be damaged by Bounty Hunter or Airdrop collectors. Because a small amount of the total token generated is provided as a bounty or airdrop. If the team member of the project is inactive and if the project has no real future plans, then it quickly loses credibility and acceptance to investors. So I don't think it's reasonable to blame the bounty hunters. However, if the only comparative analysis is done, then Airdrop is a bit more detrimental to different weak projects than Bounty because those who receive Airdrop sell it at any price because its customers do not have to work so hard to get it.
I do not think that nowadays the bounty reward is that big to even make this claim and if someone is afraid that the bounty reward worth few thousand can dump the coin then they should open buy orders and that will solve the problem.
Funny thought, I disagree about the bounty and airdrop killing project, why? because what kills the project is the investor himself and the project team, the bounty and the airdrop will make the coins come alive, not to kill
Bounty hunters help the projects by promoting it mostly on social medias.
Developers wanted to explore in any means to reach out for possible support.
That promotion could be the lead to any potential investor.
Yes, the chance that investors interest might triggered after learning the project from the help of the hunters social media post.
There are projects who went up even after the hunters and airdroppers dump their tokens. It is still depend on the team and the project itself if investors see this with great potential in the future.
This is true, there are still projects that after distributing the rewards to the hunters experienced only short dropped then pumped back.
Projects team always give up the exact amount they can afford to pay bounty hunters, even most bounties nowadays have extremely low allocations and still bounty hunters will join and promote the project, we all understand what's happening around crypto space, how hard it is for projects to raise money since ICO left us but putting blame on bounty hunters for killing a project is obviously a lie.
You are completely wrong, the project has taken into account when it will open airdrop and bounty campaigns. There is nothing wrong if airdrop and bounty participants sell tokens that they get from their work. Unless there is coordination from the project team to participants to hold their tokens.
I see that for projects now they are good and can hold prices even though airdrop or bounty distribution has occurred. Basic is one example of a project whose price is still good even though the bounty has been distributed.
I see that for projects now they are good and can hold prices even though airdrop or bounty distribution has occurred. Basic is one example of a project whose price is still good even though the bounty has been distributed.
Bounty can't affect a pinch of a project if the project has good volume when listed or the team raised money enough as they envisioned. Recently, BZRX listed its token. It did x10 the presale price despite sharing for hunters as well.
by creating bounty campaign developer team have their own plan to make project be more popular. and also bounty hunter be their target to be investors. some hunter now already profesional investors and traders so they have important role to make project successs not make it die.
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 don't think so. In fact, bounty and airdrop provide the best marketing tool for spreading awareness about the project. The more people are informed about it, the more possible investors. I think its more of creating best strategy for controlling how participants receive and sell their rewards. Some projects distribute by batches thereby controlling dumps.
They don't care because they doesn't have even a little idea of the potential. But sometimes to sell the token immediately in a low price is much better than end to nothing gain. Some project landed the exchange and yet slowly gone.
this is wrong thought about bounty value. if we have opinion like this , we will always sell bounty reward immediately after we received it. bounty hunter have same position with investors, they spend money and we spend our time and energy to promote current project. so when we received reward we must act like investors and be patience wait till token have good value. Jump to: