Topic: Distribution of tokens in installments (Read 644 times)
Some project are now integrating the method of distributing tokens to most especially bounty hunters in portions, perhaps by percentage. A project known as Bidooh and some others did that. Some projects have also decided to lock the tokens of bounty hunters for good 6 months, some lesser. All these are done to control and avoid unnecessary dump in price.
This happened to the Lyfe project which they gave tokens every month. And they thought I was afraid if there was a dump, but the price of the token remained very low. And the latest developments for signature campaign participants must do KYC.
I think the dev and team are using instalment distribution of token to save the fave of the price which to me is not a bad idea but at times it doesn't work out because if the project is not good enough, it will eventually dump.
at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this?
is this one way to stabilize prices?
is this one way to stabilize prices?
There must be a reason behind all that, of course, the project has the goal that gradually distributed tokens can increase trading volume so that market price movements always change at any time because there are many people doing trading activities in it, of course it can invite many investors if indeed the project developed looks very promising
at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this?
is this one way to stabilize prices?
For how many times of being part of ico/bounty chat groups always the blame goes to the bounty hunters that the price dumped because they had sold the tokens right away just to profit(but thats their right because they worked for the bounty)is this one way to stabilize prices?
So some ico now are making either delaying the bounty or sending each little by little,but the reality is those investors are the one whos dumping the value since they are selling the tokens the moment they got this,since only few investors now are having trust in the project instead almost all of them are only chasing for profit and have no care for the future of each projects
at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this?
is this one way to stabilize prices?
is this one way to stabilize prices?
Yes, this is done to help prevent large amounts of tokens being dumped onto the market which can greatly affect the price in the current market conditions when liquidity across the board is low, but this method should also be applied to investors who acquired at huge discounts not only advisors and bounty hunters
this is a better approach to avoid the all-in-one dumping stage after ico
as long as they are worth to sell, i have no problem with that
most tokens lost their value even before reaching the bounty hunters' wallets
its like cheating those bounty people. promoting their project for free for so many months. and then what??? for nothing. thats totally absurd...
at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this?
is this one way to stabilize prices?
is this one way to stabilize prices?
I suppose it is, if the coin is already out in exchange one way it can stop big price fluctuation when most holders are only getting 10% and they are unable to sell a big amount at one time and on the other hand this can act as a control to coin holders that if they sell away the 10% and the price is affected and they still have 90% so they will not sell it right away.
There were more and more projects with different distribution process. Everyone make different plans to make their tokens value grow good in the market without steep dumping. Until the tokens were distributed on installment the market Wil have a good volume of circulation. Legitimacy of a project needs to be concerned upon which even when the token distribution delays there won't be any negative impact on the project.
Yes, this is done to help prevent large amounts of tokens being dumped onto the market which can greatly affect the price in the current market conditions when liquidity across the board is low, but this method should also be applied to investors who acquired at huge discounts not only advisors and bounty hunters
But if there is buy orders then where is the problem ? If the project is really great then there always will be traders , buyers and sellers . Lets say they distribute 10% everymonth for everyone . Anyway alot of people will dump if they want . Thats really stupid to think that distributing 10% every month you will secure the ICO level price . Won't happen as its proven already with many projects out there . Communicate with community , follow roadmap and bring updates every week not after months of silence then you will keep your token price tanking . Thats how it is and will be !
Yes, this is done to help prevent large amounts of tokens being dumped onto the market which can greatly affect the price in the current market conditions when liquidity across the board is low, but this method should also be applied to investors who acquired at huge discounts not only advisors and bounty hunters
I'm ok with installment as long as they will distribute 50% of the earned bounty and 50% after a month but 10% every month will take bounty hunters 10 months to receive the total bounty which is not good, I hope no other ICO will follow this method.
I also felt trapped by this situation, because I did not know about their rules because they did not explain this regulation from the start.they made this rule after the bounty campaign was completed and a few days before the token was distributed.
value of the tokens being completely dumped inside the market, doing some changes can be justified if the intentions is clear and it showed from
what the market movement, other than that everything is just another way of holding funds which supposedly for the bounty hunters.
is this a bounty or tokens from an ICO?
it seems like it's a good idea bounty wise, even if it will still cause smaller dumps spread out instead.
but if this is from investing in an ICO, it's pretty common to lock access to funds for a time for those who buys in early..
(but, with that, it means the project has a "cost scale" which isn't very good to begin with)
it seems like it's a good idea bounty wise, even if it will still cause smaller dumps spread out instead.
but if this is from investing in an ICO, it's pretty common to lock access to funds for a time for those who buys in early..
(but, with that, it means the project has a "cost scale" which isn't very good to begin with)
I'm ok with installment as long as they will distribute 50% of the earned bounty and 50% after a month but 10% every month will take bounty hunters 10 months to receive the total bounty which is not good, I hope no other ICO will follow this method.
I also felt trapped by this situation, because I did not know about their rules because they did not explain this regulation from the start.they made this rule after the bounty campaign was completed and a few days before the token was distributed.
I'm ok with installment as long as they will distribute 50% of the earned bounty and 50% after a month but 10% every month will take bounty hunters 10 months to receive the total bounty which is not good, I hope no other ICO will follow this method.
I also felt trapped by this situation, because I did not know about their rules because they did not explain this regulation from the start.they made this rule after the bounty campaign was completed and a few days before the token was distributed.
I'm not too worried about this issue, managers know the future of the project and this is good for the future of the coin.
I think I'm saving and one day the coin will fly.
Party?
It's definitely a party, but unfortunately it's a party without using fireworks. LOL
2019 has experience like an OP owner, I joined the LYFE campaign from Indonesia, and the payment was paid in installments of 10% for 10 months until the payment was 100% complete. LOL
I feel this is too heavy to accept by heart, but the fact is this has happened. If only 50% is paid for the first month and 50% for the second month then that's fine. But if 10% for 10 months is the same as seeing the light during the day in the middle of the Sahara Desert. LOL
If you don't have proof to see, Okay I will give you the reference link.
Bounty Telegram : https://t.me/lyfebountychat
Main Telegram : https://t.me/lyfehealth
Bounty Link : https://bitcointalksearch.org/topic/updated-bounty-lyfe-ico-wellness-rewards-and-gamification-5079892
Success Spreadsheet : https://docs.google.com/spreadsheets/d/1TbMmZ41hKVVofxYoszBzGXU4yj1WnZ5OzvoTtM6OLsk/edit?usp=sharing
Salaaammm
Youtuber
It's definitely a party, but unfortunately it's a party without using fireworks. LOL
2019 has experience like an OP owner, I joined the LYFE campaign from Indonesia, and the payment was paid in installments of 10% for 10 months until the payment was 100% complete. LOL
I feel this is too heavy to accept by heart, but the fact is this has happened. If only 50% is paid for the first month and 50% for the second month then that's fine. But if 10% for 10 months is the same as seeing the light during the day in the middle of the Sahara Desert. LOL
If you don't have proof to see, Okay I will give you the reference link.
Bounty Telegram : https://t.me/lyfebountychat
Main Telegram : https://t.me/lyfehealth
Bounty Link : https://bitcointalksearch.org/topic/updated-bounty-lyfe-ico-wellness-rewards-and-gamification-5079892
Success Spreadsheet : https://docs.google.com/spreadsheets/d/1TbMmZ41hKVVofxYoszBzGXU4yj1WnZ5OzvoTtM6OLsk/edit?usp=sharing
Salaaammm
Youtuber
I'm ok with installment as long as they will distribute 50% of the earned bounty and 50% after a month but 10% every month will take bounty hunters 10 months to receive the total bounty which is not good, I hope no other ICO will follow this method.
I also felt trapped by this situation, because I did not know about their rules because they did not explain this regulation from the start.they made this rule after the bounty campaign was completed and a few days before the token was distributed.
ICO wanted to be secure their project and it is a way to prevent dumping of that particular token. It gives the time for the project to settle down till the campaiging going on, but in these bearing days, this is also not preventing the token value, many projects still dumping regardless of this distribution in installments due to such extreme bearish market.
Unless tokens want to get funded in installments it makes no sense. There are two ways people get tokens, either they give the ICO money and get the token or they do some bounty type thing to get the name heard by everyone. In both cases people deserve the money right away.
When a bounty hunter goes out and talks about you to everyone in everywhere they know they get your name heard and they deserved to be paid, with that in mind if they get paid in installments then they should work in installments as well. When people pay you money (fund you) then they should get the money right away, if they are going to get paid in installments then they should just pay you in installments as well. It makes no sense to do something now but get paid later with smaller amounts. It is definitely a senseless idea.
When a bounty hunter goes out and talks about you to everyone in everywhere they know they get your name heard and they deserved to be paid, with that in mind if they get paid in installments then they should work in installments as well. When people pay you money (fund you) then they should get the money right away, if they are going to get paid in installments then they should just pay you in installments as well. It makes no sense to do something now but get paid later with smaller amounts. It is definitely a senseless idea.
The distribution of tokens in installments will stop dumping of coins at the time of listing as everyone have a limited coin to sell and this will stabilize the price of the coin in the market.
Yes, it saves the project from a sharp price dump in the event that a significant part of the coin holders decide to sell them. It also simplifies the task of buying back tokens for developers, the strategy is quite popular and helps the price of the token to settle.
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