Bounty or Airdrop kill project? - page 5.

Teraboy

hero member

Activity: 2282

Merit: 505

Quote from: ?? on ??

Quote from: Zeke_23 on August 15, 2020, 06:58:42 PM

they want to put the blame to hunters instead of blaming the team itself who had the most huge percentage of supply in their bags.

they blame the bounty because bounty participants get tokens without having to buy. they blame the bounty for covering their shortcomings in developing the project

Nothing will change in cryptocurrency price, if we are blaming each other. Actually bounty projects can kill cryptocurrency, when bounty allocation was more than 0.1 percent. Now bounty allocation is only from 0.05 to fixed rewards. Actually fixed rewards only for low budget as Bitwings campaign, although this project seems scam.

The main key should be on the liquidity and if there was no liquidity and any campaign can be dumped. Bitwing has already an exit scam project and so many people know about bitwing project.
When the liquidity is very huge and it can prevent the dump easily.

dragon695

full member

Activity: 449

Merit: 103

Decentralized Ascending Auctions on Blockchain

Quote from: ancafe on August 17, 2020, 12:21:50 AM

Quote from: tracyhayley on August 16, 2020, 06:27:08 PM

i don't think they kill the project. the bounties and airdrops help the project a lot. imagine that the project without the bounties, the world won't know about the project. if the token/coins prices dump, i think it's because the projects run by some amateurs team member. the projects will die if the team abandoned their project and do not create the product properly.

it doesn't kill the project, but on the contrary, it can even help a project grow. There are a lot of things that make them think that because once the bounty and airdrop have been distributed, the prices suddenly dump. even though this can be prevented by paying participants using stable coins. other than that, only weak projects were damaged by the programs they created themselves.

I agree with you! Nothing can have too many negative effects on a particular project rather than itself! A weak project simply doesn't have any ability to survive despite the fact that bounty hunters dump the token or not! Furthermore, the allocation of tokens that used to reward bounty hunters is a small amount of total supply, how could it has such a huge effect?

ancafe

hero member

Activity: 1778

Merit: 746

Quote from: tracyhayley on August 16, 2020, 06:27:08 PM

i don't think they kill the project. the bounties and airdrops help the project a lot. imagine that the project without the bounties, the world won't know about the project. if the token/coins prices dump, i think it's because the projects run by some amateurs team member. the projects will die if the team abandoned their project and do not create the product properly.

it doesn't kill the project, but on the contrary, it can even help a project grow. There are a lot of things that make them think that because once the bounty and airdrop have been distributed, the prices suddenly dump. even though this can be prevented by paying participants using stable coins. other than that, only weak projects were damaged by the programs they created themselves.

tracyhayley

full member

Activity: 652

Merit: 103

i don't think they kill the project. the bounties and airdrops help the project a lot. imagine that the project without the bounties, the world won't know about the project. if the token/coins prices dump, i think it's because the projects run by some amateurs team member. the projects will die if the team abandoned their project and do not create the product properly.

angrybirdy

sr. member

Activity: 1022

Merit: 276

★Bitvest.io★ Play Plinko or Invest!

Quote from: lienfaye on August 16, 2020, 04:59:22 PM

Quote from: ?? on ??

I have to disagree with you, bounty and airdrop is a way to promote projects so they actually help projects than kill it. Price going low for plenty of reasons, not because of bounty and airdrop alone so you should look again.

Thats true and even they sell their coins/tokens its not going to kill the project because the allocated rewards for airdrop/bounty is not huge to be the reason of killing it. If the project is good and the team is doing their job to make it progress and succeed, it wont easily die just because bounty hunters and airdropers are dumping their rewards. The price is depending on how good the project is so investors will support it.

It is true, but no matter what we think, they can still put the blame on bounty hunters without defending themselves. It is to avoid questions why the value of their tokens getting lower. It is their only way to give an excuse to investors without knowing the real reason of the sudden dump.

hidden jutsu

full member

Activity: 467

Merit: 100

Binance #Smart World Global Token

Quote from: ?? on ??

Quote from: Zeke_23 on August 15, 2020, 06:58:42 PM

they want to put the blame to hunters instead of blaming the team itself who had the most huge percentage of supply in their bags.

they blame the bounty because bounty participants get tokens without having to buy. they blame the bounty for covering their shortcomings in developing the project

Which shouldn't be happening, right? Bounty hunters are working hard to receive their bounty, they are able to receive the bounty tokens because they are promoting the project. That's why this kind of reason is not enough to blame bounty hunters. They should treat bounty hunters as one of their supporters since they help to promote and gather investors for their own success.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: ?? on ??

I have to disagree with you, bounty and airdrop is a way to promote projects so they actually help projects than kill it. Price going low for plenty of reasons, not because of bounty and airdrop alone so you should look again.

Thats true and even they sell their coins/tokens its not going to kill the project because the allocated rewards for airdrop/bounty is not huge to be the reason of killing it. If the project is good and the team is doing their job to make it progress and succeed, it wont easily die just because bounty hunters and airdropers are dumping their rewards. The price is depending on how good the project is so investors will support it.

bandungan

full member

Activity: 798

Merit: 100

Quote from: alisonwonder on August 15, 2020, 06:50:46 PM

when a project has a bounty campaign program, it will make the collection of funds faster but if the price falls then it is the influence of the project developer who does not have good development so that the price collapses like that, because so far as I know cryptocurrency price movements must have developments its good to have a good price on the exchange.

It has been proven that since several years ago there have been many successful projects because of bounties, and bounties can be like the best promotional media today.
So actually the success or failure of the project is seen as how the project concept works, because if the concept is not good I think the bounty slot will also have no effect

Nancyo

jr. member

Activity: 352

Merit: 1

Quote from: CryptoTalk365 on July 22, 2020, 03:56:02 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.

Are you for real mate, How can Bounty or Airdrop kill a project where the highest allocation given to Bounty is mostly from 2% of the total token, a project that will fall will always fall wether Bounty or airdrop is involved.

Zeke_23

sr. member

Activity: 868

Merit: 333

Quote from: CryptoTalk365 on July 22, 2020, 03:56:02 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.

To make you realize first before saying such things,
Bounty hunters do hold only a little amount of the supply(meaning, it is divided among all of them) in the end of the campaign. It is only around 1-2% of the total supply depends on the allocated funds for the bounty campaign. So, I don't think that this little percentage will really affect the market. It's just that, they want to put the blame to hunters instead of blaming the team itself who had the most huge percentage of supply in their bags.

alisonwonder

sr. member

Activity: 882

Merit: 251

when a project has a bounty campaign program, it will make the collection of funds faster but if the price falls then it is the influence of the project developer who does not have good development so that the price collapses like that, because so far as I know cryptocurrency price movements must have developments its good to have a good price on the exchange.

oscarftw

sr. member

Activity: 573

Merit: 250

Quote from: Diamond_Darrell on August 15, 2020, 03:38:05 PM

Now bounty has become just a good tradition, the main investments in projects come through large investors, and small buyers of tokens, as a rule, do not affect anything. But this only works in honest projects. If the project is fraudulent, then social networks are a good environment for the spread of scam infections

Big investors also can leave the projects. Huge pump of 2018 also dump, last of 2018. Now new investors are coming, so if one leaves the projects, more will be invested. From the beginning of 2018, investors started to leave cryptocurrency then the price was down. Bounty and Airdrop hunters are a little part of this evolution. It's now so easy to kill a project by only hunters.

Nesbee2

jr. member

Activity: 840

Merit: 3

I do not think this is true , Bounty hunters promote and publicize project then how come they are the ones killing ? Although some people think hunters or airdroppers do dump their token which leads to a dump in the price of such token . from my experience so far i can say that projects that are not serious will dump with or without huinters and the good projects with a strong team will survive and be able to control price of token also with or without hunters

Diamond_Darrell

full member

Activity: 1106

Merit: 103

♦♣♥♠

Now bounty has become just a good tradition, the main investments in projects come through large investors, and small buyers of tokens, as a rule, do not affect anything. But this only works in honest projects. If the project is fraudulent, then social networks are a good environment for the spread of scam infections

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: ameliana on August 15, 2020, 10:06:46 AM

that's normal. someone sells coins from the bounty proceeds of course to make up for their hard work as long as they promote the bounty project. but in my opinion it is not just bounty hunters who do that and it can happen for early investors who already get their tokens first.

Most to be blamed are the developers, first, they sold the token from private investors before opening the actual sales, those investors will automatically sell once the token are already listed from exchange, taking their profits by risking their money. They are also not to be blame as they also take the risk, it's all with the developers if they will not continue the progress the project will die and it isn't because of hunters but because there's no interest that come along.

killerfrost

sr. member

Activity: 1988

Merit: 254

PredX - AI-Powered Prediction Market

Quote from: ubay on August 14, 2020, 11:51:25 AM

I agree with you, bounty hunters do not care about the price of a coin, when they get a gift from the bounty they are following at that time they sell their coins without thinking. And that causes the price of coins to crash.

Hopefully the bounty hunters will be wise in selling their coins, even though it is their right, but it is very detrimental to many people.

Not all bounty hunters sell their token as soon as they receive it. Like me, I never sell them too soon because I'm still waiting for the chance to go up. So bounty never kills or crashes the project. It may cause the project to collapse in a short time but will recover soon after if the project has liquidity.

Lordhermes

sr. member

Activity: 1232

Merit: 379

That's not what actually kills project, this is another factor but not the actual killer and dump in price. In the world if cryptocurrency, market volume and volatility exchange is more important because it maintains the stability of price and avoid dumps of price.
If a crypto project is listed on a low exchange meaning that hunters and airdropers kills it because there is no constant buy order, so conclusively, low volume market kills project also.

ameliana

full member

Activity: 887

Merit: 100

that's normal. someone sells coins from the bounty proceeds of course to make up for their hard work as long as they promote the bounty project. but in my opinion it is not just bounty hunters who do that and it can happen for early investors who already get their tokens first.

CHENIEN

member

Activity: 616

Merit: 11

Decentralized Ascending Auctions on Blockchain

It depends upon the developer so that if they still care to the group I think all are blessed because bounty hunters are still fine even though they feel more on difficulties to ride to get the expected reward.

Bossfidelity

copper member

Activity: 350

Merit: 1

Bounty hunters don't kill project what kills project is lack of use case and demand for the tokens. Most projects lack foundation and real use case, the only persons that needs the tokens are bounty hunters who are participating in the project campaign and after the campaign is over they receive the tokens and need something much higher. The project needs to create a need for their tokens that's what would translate to value.

Topic: Bounty or Airdrop kill project? - page 5. (Read 2396 times)