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Topic: Bounty or Airdrop kill project? - page 9. (Read 2399 times)

full member
Activity: 447
Merit: 100
August 04, 2020, 09:05:14 AM
I think not  bounty campaign and airdrop kill some project but also their team make some project have bad result after listing on exchange market, almost all project have allocation more than 50% for their team developer and only 2% giving for bounty reward, did you imagine how can 2% allocation coin supply could make price down.
If they list it on small exchanges and have no volume then I believe it will still happen if the bounty hunter sells all their tokens. The budget for bounty is about 50k $ but the project's volume is only 5-10k $, it will cause serious price collapse.
Not many current projects can spend $ 50k for a bounty, I see the popular level is under $ 30k. Projects that promised to bounty hundreds of thousands of dollars were either failed or listed on small exchanges with very weak liquidity and the price was divided dozens of times compared to the price they suggested in bounty.
sr. member
Activity: 1288
Merit: 253
August 04, 2020, 08:22:09 AM
I think not  bounty campaign and airdrop kill some project but also their team make some project have bad result after listing on exchange market, almost all project have allocation more than 50% for their team developer and only 2% giving for bounty reward, did you imagine how can 2% allocation coin supply could make price down.
sr. member
Activity: 1722
Merit: 269
August 04, 2020, 08:00:07 AM
A project with a solid fundament and a real usecase won't be killed by an airdrop or a bounty campaign.
If you are just another shitcoin with no real purpose and do a bounty where you give out 10% of your supply or more via an airdrop or a bounty, then of course it will hurt your project.
But those project would die anyways.
If you are a solid project than i think a bounty campaign can help to raise awareness for your project and if you allocate 1% of the total supply or less for it, then it's also not very risky thing to do.
sr. member
Activity: 1302
Merit: 270
August 04, 2020, 07:51:56 AM
Bounty will affect the price for sure after it ends because the hunters will just dump it right away, the coin must have a good volume like 1M+ to not get affected much, projects can just pay in other coins like bitcoin or ethereum instead to preserve the price of their own token.
the reality is, sometimes the token bounty is distributed after 3 months the project is running. if the project has a good wall, and also a good interest in the user, then I don't think the token from the bounty will make a bad dump. Well, it's just that, because sometimes there is no volume for a project, it makes the project die because of the token from the bounty. however, many projects have gone through a crisis because of the sale of bounty hunters.

Good point, if there's a good barrier that the team provide anticipating the dumped coming from the hunters, the value of the coin
won't go that down too much. It's very important how the team really cares about their projects.

It always implied from how good the developers handled the marketing and how the community will support the project,.
Maybe you are right for that, most of them always blame prize hunters for bad prices on the market, I'm sure this is just a manipulation of the team to take big profits, if they are really serious about their project, they can fix it for the tokens set to be stable , so things like this do not need to worry for all their investors.
full member
Activity: 431
Merit: 100
August 04, 2020, 07:34:04 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.
Totally disagged. Every project provide around 1% token/coin from their supply for bounty hunters. So this is ridiculous, bounty hunter can down the market with those 1% supply  Grin it's mainly depends on how good the project is
There was another fact too that mostly the hunters were also holding their tokens. This is the truth that if the dump that caused by the hunters are not a true story at all as long as it has enough daily trade volume and everything will be fine.,
it's true that not all bounty hunters will get rid of tokens that they get quickly. even when it has decreased then what happens and becomes the main choice is to hold their tokens. in some situations, the bounty hunter is always used as an excuse for a market collapse.
member
Activity: 1120
Merit: 68
August 04, 2020, 07:29:16 AM
Only a low percentage of their token are being provided by a project to supply the bounty hunters, that is why if most bounty hunters will sell all of their tokens it will only have a low effect on their market price. Also, bounty projects and airdrops is also a good way to advertise and promote their project, that is why it is not a way to kill projects.
full member
Activity: 302
Merit: 100
August 04, 2020, 06:58:56 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.
Totally disagged. Every project provide around 1% token/coin from their supply for bounty hunters. So this is ridiculous, bounty hunter can down the market with those 1% supply  Grin it's mainly depends on how good the project is
There was another fact too that mostly the hunters were also holding their tokens. This is the truth that if the dump that caused by the hunters are not a true story at all as long as it has enough daily trade volume and everything will be fine.,
sr. member
Activity: 1988
Merit: 453
August 04, 2020, 01:21:10 AM
Can't agree with you mate. How can bounty or airdrop kill a project when the percentage of Allocation is very small for them. after distribution, market may dump but that's for short time. Price will recover easily if the project has strong foundation & development

Bounty allocation can very from project to project, but in most cases the bounty pool will be around 0.5% to 2% of the total budget. Even if we assume that half of all the bounty hunters dump their tokens as soon as they get them, is it really possible to crash the prices with just 0.25% to 1% of all the tokens in circulation? IMO, it is the project team which does most of the dumping. And in the end the blame falls on the bounty hunters.
full member
Activity: 799
Merit: 100
August 04, 2020, 12:50:28 AM
Can't agree with you mate. How can bounty or airdrop kill a project when the percentage of Allocation is very small for them. after distribution, market may dump but that's for short time. Price will recover easily if the project has strong foundation & development
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
August 03, 2020, 04:46:19 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.
Totally disagged. Every project provide around 1% token/coin from their supply for bounty hunters. So this is ridiculous, bounty hunter can down the market with those 1% supply  Grin it's mainly depends on how good the project is
full member
Activity: 994
Merit: 101
August 03, 2020, 10:22:15 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.

Why bounty hunters will cares about projects token. They work for token and after that it's his/her decision to hold that coin or sell that coin. If project give hunters 50% fiat money or btc/eth payment and 50% project token for hunters work then hunters might be consider about that. But after all a bounty hunter work for money, right..? There are lots of projects we see everyday which start with hype and after token sell project token price dump by team them self so why not bounty hunters sell their coin..? And i don't think it's bounty hunters fault if a project fail for their own mistake.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
August 03, 2020, 07:10:13 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.

In my opinion, this assumption is incorrect. Bounty allocation is quite small compared to total supply and usually ranges from 1-3% of total supply. With such a small allocation, I think that if the project is good, it will not affect the price drastically because not all bounty hunters sell their tokens and many people prefer to hold them.
If they list at small exchanges and have no liquidity, or their liquidity is less than $ 20k per day, I believe that bounty will cause the price to collapse many times. So bounty can still cause the project to crash if they list it in the small exchanges on this market.
legendary
Activity: 2982
Merit: 1028
August 03, 2020, 06:04:45 AM
Bounty will affect the price for sure after it ends because the hunters will just dump it right away, the coin must have a good volume like 1M+ to not get affected much, projects can just pay in other coins like bitcoin or ethereum instead to preserve the price of their own token.
the reality is, sometimes the token bounty is distributed after 3 months the project is running. if the project has a good wall, and also a good interest in the user, then I don't think the token from the bounty will make a bad dump. Well, it's just that, because sometimes there is no volume for a project, it makes the project die because of the token from the bounty. however, many projects have gone through a crisis because of the sale of bounty hunters.

Good point, if there's a good barrier that the team provide anticipating the dumped coming from the hunters, the value of the coin
won't go that down too much. It's very important how the team really cares about their projects.

It always implied from how good the developers handled the marketing and how the community will support the project,.
full member
Activity: 826
Merit: 104
August 03, 2020, 05:58:01 AM
Bounty and airdrop can not kill a project, only a bad project kill itself, get it straight, mate. Prices go low after bounty distributed, yes but that ain't the main reason for a project to die.
Prices may collapse if they have no liquidity, but if it's a good project then I believe prices will rise again in the future. I have seen many projects blaming bounty and these are really weak projects in this market
sr. member
Activity: 1974
Merit: 450
August 03, 2020, 05:41:54 AM
Bounty will affect the price for sure after it ends because the hunters will just dump it right away, the coin must have a good volume like 1M+ to not get affected much, projects can just pay in other coins like bitcoin or ethereum instead to preserve the price of their own token.
the reality is, sometimes the token bounty is distributed after 3 months the project is running. if the project has a good wall, and also a good interest in the user, then I don't think the token from the bounty will make a bad dump. Well, it's just that, because sometimes there is no volume for a project, it makes the project die because of the token from the bounty. however, many projects have gone through a crisis because of the sale of bounty hunters.
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
August 03, 2020, 05:23:39 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.
Please note,dead projects are not the fault of the airdroppers or bounty hunter, they worked their ass out to earn it, so they have every right to dump the coin any time they wish Wink,so don't blame bounty hunters for any failed project, its not their fault,rather blame it on the team who own the project.

this make the price go low.Since all of bounty and airdrp hunter did not care about the project.
I have seen in most cases after this massive dump by the bounty hunters on the first day when the token is newly listed on exchanges,the next few days the coin starts pumping massively too,don't forget the bounty hunters where advertising the token during the bounty time, so it would have surely gotten some attentions.
full member
Activity: 714
Merit: 100
August 03, 2020, 05:18:18 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.
Actually depends on the project. Not only bounty hunters kill the project but also the team members kill the project. If team members are smart enough then there is no way. They can distribute tokens monthly based. If you research that some projects had buy buck policy. So that they can stop the dump. So I will tell that if team is weak and the project is bad then the project will die otherwise no.
hero member
Activity: 1232
Merit: 503
August 03, 2020, 04:45:57 AM
Bounty will affect the price for sure after it ends because the hunters will just dump it right away, the coin must have a good volume like 1M+ to not get affected much, projects can just pay in other coins like bitcoin or ethereum instead to preserve the price of their own token.
member
Activity: 308
Merit: 22
August 03, 2020, 04:17:01 AM
Deliberately blame on bounty or airdrop project doesn’t right thought come to an conclusion.
member
Activity: 166
Merit: 12
August 03, 2020, 04:05:29 AM
literally not because they have budgeted tokens that will be given to the airdrop and bounty, usually not more than 5%, even the DIA bounty that I see they only give 0.1% of the total supply for the bounty which initially from 0.2% later downgraded (maybe negotiations between team members and investors)
DIA is a DeFi project that is well made and popular too, the bounty allocation is very small but will end up worthy because the private sale ends at 0.75$ meaning the token will have impressive or massive value, DIA will be the best after AVAX
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