Pages:
Author

Topic: Distribution of tokens in installments - page 6. (Read 641 times)

jr. member
Activity: 784
Merit: 6
February 03, 2019, 05:17:52 PM
#20
It us believed that most bounty hunters dump, which might be true to an extent, but not always the case.
I have seem a project that does the same and yet the tokens dumped.
If they feel that will be effective, well they can.
The rate at which projects dump these days is sometimes quite alarming. So it seems most projects that are aware of the strategy, are the ones doing it.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
February 03, 2019, 05:17:20 PM
#19
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?
Some of bounty now is give a installment their reason is to not dump their token in exchanges they listed because they want to maintain their coin in good price. But I think if the reason is like that I think it's for the better of all who have that token.
sr. member
Activity: 2030
Merit: 269
February 03, 2019, 05:13:08 PM
#18
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 that coin Vena I read that they are distributing their bounty hunters that way, it is good for participants as long as they can keep up with their project and make sure that they are setting up their platform so holders can expect good price when the token is release.


member
Activity: 742
Merit: 10
February 03, 2019, 03:39:46 PM
#17
i think the reason is to prevent the dumping of tokens.. i think its better to do like that than sending it at once and dump it to exchange
member
Activity: 644
Merit: 10
February 03, 2019, 03:18:54 PM
#16
I don't see anything wrong paying bounty hunters in installment as long as they fulfilled their obligation. 10% every month is not bad and this is part of the developers strategy to avoid a massive dump of tokens in the exchanges. You should bear with the developer as they are doing what is best for the project.
member
Activity: 350
Merit: 11
February 03, 2019, 02:59:06 PM
#15
I think this is a measure to stabilize the price of the project token, as investors and bounty hunters can arrange a dump for any project.
legendary
Activity: 2002
Merit: 1016
February 03, 2019, 02:53:14 PM
#14
I bet you are talking about LYFE project, based on the data that I gathered from the team and the participant. They did that in order to avoid any dumpage from the bounty hunters. but from the other side(bounty hunter point of view), they did this because they wanted to minimize the cost.
there are so many reasons why would they do that, logically speaking. If they wanted to stabilize the price, they could pay them(the hunters) with BTC or ETH directly. But they did not, does not that mean they did it on purpose?

The budget for the bounty program is determined before it begins. If it is determined that the reward is in tokens, it should be paid in tokens. The project does not really have any costs by paying tokens to bounty hunters. In this case, the payment of 10% every month is only to secure the price against the dump of tokens earned by bounty hunters.
sr. member
Activity: 1193
Merit: 251
February 03, 2019, 02:50:58 PM
#13
I think this is done only for one purpose, so that the holders of tokens are not in a hurry to sell them.I see no other explanation for these actions.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
February 03, 2019, 02:50:08 PM
#12
it is usually for stabilisation of price, since most of bounty hunters dump their tokens after receiving, and price is going down very quickly, which undermines the trust in coin and the spiral to the bottom is in full speed
copper member
Activity: 210
Merit: 0
KNL Ecosystem - Invest. Trade. Earn.
February 03, 2019, 02:46:41 PM
#11
This is their way of how to avoid the price dumping and I think it will work. Anyway it is a much better decision for hunters, because almost all projects are simply cutting the budget of a campaign and reducing it almost by 90 percent.
sr. member
Activity: 1736
Merit: 306
February 03, 2019, 02:44:37 PM
#10
it could be, that is the strategy that the team did to stabilize prices in the market.
I also participated in projects that did the same thing. I hope that the price of the project coins will continue and even go up even further.
member
Activity: 658
Merit: 13
February 03, 2019, 02:37:27 PM
#9
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?

yes, to avoid bounty hunters selling their tokens in large quantities. I like this method rather than locking the token. this is more realistic than all the methods available. with so many investors who are more confident to hold and they are not afraid of a dump carried out by bounty hunters

yes you are right to distribute reward bounties in several stages every month can be one way to avoid a bounty hunter dump. this is a good way and might be applicable to other projects.
sr. member
Activity: 840
Merit: 266
February 03, 2019, 02:33:03 PM
#8
I feel you are talking about the same project I am in and if not then let me explain because I was in a project that did the same with their participants and, to be honest, I 100% respect them and their decision because instead of just keep delay paying us they  decided to be fair as much as they can, and they decided to give us our full payments but in 10% monthly installment instead of just cutting it down to 20% and pay it all at once like most of the other projects do, now and since most of the projects are trying hard to rip their bounty participants one way or another I think what these guys did was not bad at all at least they are paying us in time without even ask them twice I have been receiving my payments from them monthly in time and even sometimes before the due date without any problems.
full member
Activity: 821
Merit: 100
Volare.network
February 03, 2019, 02:28:31 PM
#7
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?

yes, to avoid bounty hunters selling their tokens in large quantities. I like this method rather than locking the token. this is more realistic than all the methods available. with so many investors who are more confident to hold and they are not afraid of a dump carried out by bounty hunters
sr. member
Activity: 533
Merit: 250
February 03, 2019, 02:21:04 PM
#6
Yeah, this is a way to raise prices if the value of the project is good, and can help you be more profitable. Because if the token value of each month increases gradually, you will profit more than they distribute it all in one go
sr. member
Activity: 1274
Merit: 263
February 03, 2019, 02:14:42 PM
#5
I bet you are talking about LYFE project, based on the data that I gathered from the team and the participant. They did that in order to avoid any dumpage from the bounty hunters. but from the other side(bounty hunter point of view), they did this because they wanted to minimize the cost.
there are so many reasons why would they do that, logically speaking. If they wanted to stabilize the price, they could pay them(the hunters) with BTC or ETH directly. But they did not, does not that mean they did it on purpose?
full member
Activity: 770
Merit: 101
send and receive money instantly, no hidden costs
February 03, 2019, 02:06:40 PM
#4
Yes, most likely, they do not want to allow a substantial dump. I am also waiting for quarterly payments from a project. However, even in this case, they delay payments.
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
February 03, 2019, 12:08:57 PM
#3
I think that most likely in order to stabilize the prices. They will now try all possible options to make something with the prices
sr. member
Activity: 743
Merit: 250
February 03, 2019, 11:39:25 AM
#2
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?

Yes, I think so. Some projects tried to distribute the tokens to their contributors and bounty hunters in stages, to avoid dumping the price, especially with this red crypto market. There are even some ICO projects deciding to lock their tokens for some amount of time, for the same reason.
full member
Activity: 700
Merit: 101
February 03, 2019, 11:34:27 AM
#1
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?
Pages:
Jump to: