Good ICOs should be protected from dump - page 15.

pharaon

full member

Activity: 753

Merit: 100

Quote from: Denreal on December 21, 2018, 02:43:41 AM

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.

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.

Honestly, I doubt that project developers are not aware of the above items, which can minimize a significant reduction in the price of a project’s coin or the failure of an ICO. Nevertheless, in the given market conditions, even the fulfillment of all requirements does not guarantee further development of the project.

Kofiy

copper member

Activity: 112

Merit: 0

Am KOFIY!

How I wish credible projects will be able to implement this and also be transparent to all stakeholders including bounty hunters by allowing them to know that they must do KYC before starting to promote the projects and work on their Roadmap in order for the price of the token to be stable.

heritage35

member

Activity: 462

Merit: 13

Quote from: lagharto on December 21, 2018, 01:13:25 PM

You are definitely a newbie on the ico market.
Yes, that what you described above is a good and must be implemented in a "perfect project", but hystory says that the main thing to prevent a dump after the first listing is a token metrics. The less tokens in the circulation means the less probability to be dumped. Also there must be unsatisfied demand created before listing, this is the main factor for token grows at the first times. And also there must be a smart market making pre-paid and ordered on that exchange if it is real and the exchange can offer this.
Also there is exist some other options that could prevent a token dump but this information is not for all.

You sound very much knowledgeable and owing to the fact that you have been in the crypto space for quite some time, can you please, tell us what the other option is?

sssergy

full member

Activity: 366

Merit: 100

This not right that good ico can't protect from dump market. By taking some step they can only stay position even when market dump

edmundo

copper member

Activity: 518

Merit: 2

I agree with you on this. Any project that has the interest of its growth must put in place counter measures to ensure there is minimal crash in its price as a result of dumping. I understand that there is no absolute control over the market or control over how people dump their tokens but to a lesser extent, a project can initiate buy backs, holding rewards etc to ensure the value of their tokens are maintained. Price crashes and dumping can only lead to a loss in interest from potential investors.

caffu chino

member

Activity: 532

Merit: 10

Quote from: Denreal on December 21, 2018, 02:43:41 AM

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.

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.

how to protect it if a dump occurs because of investors and the development team. all the ways you think of are just to make it difficult for bounty participants and airdrops. I think it's strange if the bounty is to blame when a dump occurs. because before the bounty reward is shared, usually the price is destroyed.

the rules are made for those investors.

JuliaJi

full member

Activity: 896

Merit: 103

everything what you wrote it is true, but in situation when ETH was 1300$ and than falling to 100 dollars - no one protect from anything, all investors are shocked

accounting 181293

member

Activity: 662

Merit: 11

www.cd3d.app

it won't be possible, there will definitely be a dump when the coin is first listing on the market. it's useless to apply all regulations to prevent dumps. because the dump is caused by investor interest. and I think dumps occur not because of a bounty hunter, with only 2-5% of the total supply not going to make the price break if all investors agree not to sell their coins.

I see that the cause of the new coin in the dump is an investor who doesn't believe it, or a team of developers who dumped their tokens.

jekainvestor

sr. member

Activity: 924

Merit: 255

Too many projects and too many of them just collect money on the ICOs, step by step it is more harder to find the good project, and even if you find some, it does not guarantee that it will be really successfull because not so many people are ready to invest nowadays because of the todays situation on the whole market.

lagharto

sr. member

Activity: 588

Merit: 250

Quote from: Denreal on December 21, 2018, 02:43:41 AM

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.

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.

You are definitely a newbie on the ico market.
Yes, that what you described above is a good and must be implemented in a "perfect project", but hystory says that the main thing to prevent a dump after the first listing is a token metrics. The less tokens in the circulation means the less probability to be dumped. Also there must be unsatisfied demand created before listing, this is the main factor for token grows at the first times. And also there must be a smart market making pre-paid and ordered on that exchange if it is real and the exchange can offer this.
Also there is exist some other options that could prevent a token dump but this information is not for all.

spike420211

sr. member

Activity: 1610

Merit: 372

Quote from: Denreal on December 21, 2018, 02:43:41 AM

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.

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.

Of all the items listed above, only item number 4 is responsible for protecting against the price dump. All others are more like preventive measures for legitimate projects and bounty hunters participating in them.

TusharMali99

member

Activity: 238

Merit: 12

The tokens allocated to airdrop and bounty should have some lock period and they should be unlocked in multiple batches to avoid dump of tokens.

Quote from: petrcoin on December 21, 2018, 06:10:13 AM

If they pay out marketing budget and bounties with fiat or eth instead of their tokens that can prevent dump mostly.

But they don't want to spend that so we ar seeing dumps all the time.

Yes, this option is quite good. Some ICOs have already started giving out bounties partly in eth/btc and partly in their tokens.

Genemind

sr. member

Activity: 1596

Merit: 335

Quote from: Denreal on December 21, 2018, 02:43:41 AM

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.

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.

Well, we cannot stop everyone even investors from selling their coins, because they have bought it and they can sell it anytime. Bounty hunters are not the only one responsible for dumping. In some bounties only 1-2% or maybe lesser are provided for bounties. It has only a little effect on the price.

nreal

full member

Activity: 932

Merit: 100

arcs-chain.com

I think all the options you give, They will not work effectively. There are already many projects implemented in your ways. The problem is that you only have bounty hunters dump.

karthcrypt

member

Activity: 266

Merit: 10

“Revolutionising Marketing and Loyalty”

The dump in the price of good ICO is usually not premeditated, the open market create opportunity for those who believe in a project to accumulate cheaply. The project owners could as well prevent dumping by buying back their token, Pundix did it!

Benarand

full member

Activity: 773

Merit: 100

I think that these criteria will not be able to save the coin from the price raid. If they want to lower the price, they will do it very easily. Even now, coins of good projects bargain below their market value

KingDome

jr. member

Activity: 434

Merit: 1

If the project too much care about the dump then they should see this thread lol. We cannot prevent dump unless we gain control to the market.

zerrtty

member

Activity: 238

Merit: 10

Quote from: Denreal on December 21, 2018, 02:43:41 AM

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.

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 fall in the price of tokens of projects after the end of ICOs may depend on many factors. For example, from the situation on the market, from the economic situation in general, on how the project complies with its roadmap and deadlines. The main problem is that almost all projects have no real use and do not generate profits. Cryptocurrency at this stage is an asset for speculation and for someone an additional means of payment.

jagdeepjd

sr. member

Activity: 700

Merit: 251

I agree with you on the above points and I myself has been part of an Ico( mandala) which was actually well protected during this bear market and it was not dumped as it was stopped from getting listed on exchanges like idex.

kingzpro

member

Activity: 756

Merit: 13

DIFX - Digital Finacial Exchange

I think the biggest solution for this dumping problem can be learnt from traditional stock exchanges where big companies set lower lock and large buy orders below specific levels to safegaurd their investors from massive crashes and dumps.

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