Topic: Good ICOs should be protected from dump - page 12. (Read 23351 times)
I agree with our point of view, these factors are really important to make a successful ICO, but there are some top projects which followed all the rules and their token price was still dumped due to the market conditions.
therefore many ICO projects have a good future, delaying listings on exchangers, maybe this is one of their strategies in preventing dumps.
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced
3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.
4. Listing should be done on reliable and reputable exchange sites.
5. There should be regular and prompt communication with the community.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced
3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.
4. Listing should be done on reliable and reputable exchange sites.
5. There should be regular and prompt communication with the community.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
good idea, there are lots of good ICO in the market that has been ended up on having a bad price because of dumping due to lack of protection, therefore many investors dont want to invest anymore because they might know that their money would be ended to loss of value and by the statement above it can be resolve.
I am supporter of this idea. I think that the teams that take their project seriosly should do buybacks to guarantee a certain price floor. But in terms of BTC price.
USD price can't be sustained in cases of severe bear markets, like the current one.
As far as I remember, this was generally possible, because earlier in the conditions of investing in projects such opportunities were prescribed and it was generally a normal situation. Let's see what will happen next with the market. USD price can't be sustained in cases of severe bear markets, like the current one.
I am supporter of this idea. I think that the teams that take their project seriosly should do buybacks to guarantee a certain price floor. But in terms of BTC price.
USD price can't be sustained in cases of severe bear markets, like the current one.
USD price can't be sustained in cases of severe bear markets, like the current one.
In the crypto market every ICOs will go dump after the listing because now the market is going on bear market. As, know this asset class is very volatile so very quickly react to the market.
In most projects, this is true; indeed, most projects today are really losing the value of their assets when they enter the stock exchange, so I think that it would be best to deal with buying these assets.
In the reality you can't do that easily, whenever the ecosystem is in bear market then you cannot do anything unless you will buy more with same price (if you treated your money like a piece of paper).
for point 6 I think most of project do that, but the community keep asking the same question that make the dev is tired too to reply it, and actually roadmap is only estimates especially if the project do licensing for the product, they cannot be predict to exact date.
For point 7 if the project do that, they should announce earlier to their rules, but remember if you do that thing the project will not attract lot investor because why the hell we paid and they lock our money, you can do that for bounty participant but remember only few of them will not join in because they want fast money in other words you will lost lot of advertiser for that thing. For team and advisor I think they have term for holding the token, like it must be locked for period of time and after that they can sell it.
4. Listing should be done on reliable and reputable exchange sites.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
for point 4, do you know how much fees to get in to reliable and reputable sites? if they only reach the softcap I think it's hard to get a exchange like that, for me development is more important than exchange, and development done you the marketing plan will do the job and after that they will get good exchange for sure6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
for point 6 I think most of project do that, but the community keep asking the same question that make the dev is tired too to reply it, and actually roadmap is only estimates especially if the project do licensing for the product, they cannot be predict to exact date.
For point 7 if the project do that, they should announce earlier to their rules, but remember if you do that thing the project will not attract lot investor because why the hell we paid and they lock our money, you can do that for bounty participant but remember only few of them will not join in because they want fast money in other words you will lost lot of advertiser for that thing. For team and advisor I think they have term for holding the token, like it must be locked for period of time and after that they can sell it.
Admitted or not every ICO's will never avoid to being dumped because after listed to an exchange we cannot force people to hold their tokens especially if the price good to be considered i think most of investors too will sell their tokens but the problem is whether those ICO's can able to recover the price or not and if the tokens can through it and can recover the price after dumped then i'm pretty sure it can be called as good ICO's
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced
3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.
4. Listing should be done on reliable and reputable exchange sites.
5. There should be regular and prompt communication with the community.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced
3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.
4. Listing should be done on reliable and reputable exchange sites.
5. There should be regular and prompt communication with the community.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
I agree with the points you have given, indeed we must choose and study the ICO Project carefully so that we can benefit from the ICO project.
ICO might be good in term of proposal but they might not get actual amount needed to further the project and ones such ICO give huge discount for investors and also allocate huge amount of token for bounty, Such ICO can get dump when listed. The moral of the study is to keep your mouth where it is safe. many project allocated huge bonuses and discount for token and ones they realize they will not be able to comply with this. they will start having problem with hunters and investors.
Your points are all too good to be true we are lucky if all your points are being taken up by these ICO some of them failed to communicate or took a lot of time to update their investors after the ICO, the update is very frequent when they are looking for investors, but stop after they generate the funds.
After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced
3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.
4. Listing should be done on reliable and reputable exchange sites.
5. There should be regular and prompt communication with the community.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
Good idea and suggestions. One of the acts that bring about mistrust in a project and which can also drive down the price is not following or working with the milestone of the project. If the team of a project is nit sincere enough, instead of being opened to inform the community the challenges they are facing, they will then begin tyo ignore questions asked by the community members. I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:
1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced
3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.
4. Listing should be done on reliable and reputable exchange sites.
5. There should be regular and prompt communication with the community.
6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.
Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.
These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.
The proposed measures, I think, are partially unreal, and in another part they will not give the expected effect. What is the use of freezing tokens received by investors? As soon as they are unfrozen, the token will immediately fall in price. On one ICO, I saw a good option in this regard: they indicate in advance that the tokens for investors will be frozen for three, six and nine months depending on the percentage of the bonus received. The higher the discount percentage, the longer the freezing period of the token. This option of freezing is likely to bring some results.
With respect to bounty hunters, there should be no KYC checks. This is illegal and has no effect. At the same time, it is a good tool for ICO teams, so that a significant proportion of bounty hunters do not pay out the tokens they have earned.
Freezing of tokens does work. When tokens are locked and released gradually, it makes it better. It is not as if tokens will not or do not dump, but one of the strategies to prevent serious dump, is the gradually release of bonus. Over time, i have noticed that the bonuses given out during investment, sometimes gives investors more reasons to sell below ICO price, because they have something to fall back on. With respect to bounty hunters, there should be no KYC checks. This is illegal and has no effect. At the same time, it is a good tool for ICO teams, so that a significant proportion of bounty hunters do not pay out the tokens they have earned.
The proposed measures, I think, are partially unreal, and in another part they will not give the expected effect. What is the use of freezing tokens received by investors? As soon as they are unfrozen, the token will immediately fall in price. On one ICO, I saw a good option in this regard: they indicate in advance that the tokens for investors will be frozen for three, six and nine months depending on the percentage of the bonus received. The higher the discount percentage, the longer the freezing period of the token. This option of freezing is likely to bring some results.
With respect to bounty hunters, there should be no KYC checks. This is illegal and has no effect. At the same time, it is a good tool for ICO teams, so that a significant proportion of bounty hunters do not pay out the tokens they have earned.
With respect to bounty hunters, there should be no KYC checks. This is illegal and has no effect. At the same time, it is a good tool for ICO teams, so that a significant proportion of bounty hunters do not pay out the tokens they have earned.
2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced ❌
I strongly oppose KYC for airdrop and or bounty participants. Because the dumping prices are not only by the airdrop/bounty participants, but short-terms investor also play a role in dumping the price in the market.So, no matter how good and strong the project is, the team will have difficulty to protect the dumping price of their coin.
What you propose in my opinion is very good. But if all that is done, but the price of ICO coins is still down, of course, this is the worst thing. I think we should see investors holding the biggest coins. And the crypto-coin market conditions such as Bitcoin and Ethereum also affect ICO coin prices.
I personally have nothing against all items except KYC. it’s not because I don’t want to throw off the scammers, but because I don’t want to send my personal data. now very often this data is used for other purposes and can be sold
If you check all good ICO's all of them are have KYC even in their bounty program. One of the way to avoid the token to dump is they lock the token for bounty program because some bounty hunters dump always the price and sometime they distribute it little by little.That is what we have to do, protecting any good project is really good for the future of cryptocurrency, but with the part of KYC should also be applied to the bounty participant, i think that is really un-necessary, after all the work that had been done by the bounty participant, and their patient to follow the project until it reach success on the selling, and they should done a KYC, making them harder to get what they deserve. For that part i disagree.
Kyc just to minimize the scammers. Sometimes the rules is quite helpful but also quite troublesome because in approve also takes time. I personally also confused how to respond to this, it is necessary but it also troublesome.
The points you mentioned are indeed true but sometimes many investors make a mistake by pressing the ICO team and developers to quickly listing tokens in the market after the sale is completed. They consider all easy whereas all projects require a long process. As investors we must also have thoughts that invest in ICO is not forever we'll be in profit. So all the bad possibilities should also think from the beginning.
I like the idea in protecting a good ICO, but even after thorough research on those ICO, we can't really sure if the project will be success after the ICO ended, and if the KYC being made mandatory for that, i believe it could endanger everyone, many people's personal data could get snatch away if the ICO is a scam.
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