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Topic: Good ICOs should be protected from dump - page 3. (Read 23377 times)

full member
Activity: 1372
Merit: 137
February 21, 2019, 01:14:48 PM
It is best to give the market a chance to choose the end result for a token and coin that gets recorded on a trade. As of late however, great ICOs need not bother with a technique to abstain from being dumped. Since the tokens are in intense interest and there are more purchasers that merchants hanging tight for it to hit trades. I can not state the equivalent for normal low intrigue ICO.
Concerning the company ico and their demand on the market, there are a lot of questions, but I am interested in one more thing, which concerns the prices of many Coins, which have fallen after the sale of the token almost an average of 300%. Has the price indicators for these coins returned to the level of at least the company's ico price or not? So far no one can give an unequivocal answer to this question.
hero member
Activity: 759
Merit: 502
February 21, 2019, 12:30:27 PM
It is best to give the market a chance to choose the end result for a token and coin that gets recorded on a trade. As of late however, great ICOs need not bother with a technique to abstain from being dumped. Since the tokens are in intense interest and there are more purchasers that merchants hanging tight for it to hit trades. I can not state the equivalent for normal low intrigue ICO.
hero member
Activity: 1361
Merit: 506
February 21, 2019, 12:28:43 PM
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.
It is interesting that you see that the main problem with dumps is caused by bounty hunters. It was said many times that the bounty pool is about 2% of all tokens in average and simply that can´t cause such big dump, like many people think.
member
Activity: 197
Merit: 10
February 21, 2019, 12:25:37 PM
yes, the ico that really have some value should take some small tricks to avoid token dumps after the end of the ico, such as listing only on prestigious exchanges and freezing the bounty token for at least 6 months
full member
Activity: 714
Merit: 100
February 21, 2019, 12:24:55 PM
This is actually what all the teams in the project must learn. How to keep the price of coins stable after listing in the market. Because, most projects after the direct listing are dumps. We do not blame the bounty hunter, the investor or the team from the project. We should be together to prevent a dump.
member
Activity: 318
Merit: 21
February 21, 2019, 11:53:18 AM
The ICOs could already at least come up with some things in progress and that would be soliciting money from people just to give continuity or expansion of some product. Do you really think there would be participants in these bounties campaign? ICOs need to be more responsible for the amounts of money they collect and do nothing.
member
Activity: 170
Merit: 10
February 21, 2019, 11:41:41 AM
This can be done in two simple steps. First of all hunters should be paid with stable crypto currencies like ETH or BTC, or even USDT. Secondly team members should be able to create enough hype around the project after TGE.
member
Activity: 798
Merit: 38
February 21, 2019, 09:39:06 AM
Mist times, there is little to what investors can do to prevent the tokens they bought from dumping. There are some instances, where private investors, project team or advisors might be ones dumping tokens on exchange. There are also cases where those who were partnered with, most especially those of them given tokens, might go ahead to dump at any price, because they have it in huge quantity.
member
Activity: 514
Merit: 10
●●
February 21, 2019, 09:37:49 AM
Of course, all these methods are good, with the exception of KYC. Fraudsters often reuse the personal data of participants in further schemes of their personal gain. With proper and well-coordinated work of the management team with ICO members, it is quite possible to do without KYC. Personally convinced.

You have to look deeper to send KYC to project projects that don't have responsibility later. A lot of bad things happened to some people in the projects they had followed.
full member
Activity: 518
Merit: 102
February 21, 2019, 09:28:28 AM
Of course, all these methods are good, with the exception of KYC. Fraudsters often reuse the personal data of participants in further schemes of their personal gain. With proper and well-coordinated work of the management team with ICO members, it is quite possible to do without KYC. Personally convinced.
copper member
Activity: 411
Merit: 1
February 06, 2019, 07:04:48 AM
Good stuff you have written above but mind you, people want easy profit in this space, and that is somehow unavoidable. Same way you can't stop people from selling if there's a FUD is the same way you can't stop people from dumping their tokens after listing.
jr. member
Activity: 448
Merit: 1
February 06, 2019, 06:50:14 AM
Lol, yes. But, even if there is a good ICOs which has so many dollars have been raised, the only thing the bounty hunters think they are gonna sell it once they listing on an exchange.
jr. member
Activity: 322
Merit: 1
February 06, 2019, 06:43:14 AM
I think that the organizers of good ICOs will figure out how to make sure that the project participants do not collapse the project!
member
Activity: 454
Merit: 13
February 06, 2019, 06:34:23 AM
We only have one problem. How does the ICO project show that it is authentic and reliable? I believe that ICO projects that can solve this problem can get the best attention and development.
If a project is solid and reliable, has a good team and a well done whitepaper, then people will believe in it and invest their hard earned money. Good projects are very less likely to be dumped, but there will always be dump because of get rich qiuick people who just want quick profits and don't care about the project.
jr. member
Activity: 1050
Merit: 1
February 06, 2019, 06:26:09 AM
As far as people in this space still aim for the gain, and profiting being the sole purpose of supporting a project, price dump cannot be totally eliminated but like you said can still be minimise. 
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
January 31, 2019, 05:54:50 PM
I have come to the understanding that, no matter what is done, there are coins and in fact almost every coin will first dump at their initial listing.
Nonetheless, some certain coins will still rise, but it depend on so many factors. If those factors are not fulfilled, such as an active developmental process or a product that is already in use, which will bring value to the coin, the coin might continue to dump.
that's true because almost all coins experience such a thing, there are no coins that really have a smooth road, almost all of them experience a dump at the beginning of entering the market but because the developer and community are strong then they can pass it and can recover to a decent price
member
Activity: 434
Merit: 38
January 31, 2019, 05:46:32 PM
I see your point, but in the end, it's the market that controls the price, and therefore the demand and supply of that particular coin. If people decide to dump it, there's nothing we can do about it.
jr. member
Activity: 322
Merit: 2
January 31, 2019, 05:40:50 PM
Dumping can mainly be controlled by the ICO team. They usually have the largest quantities of any particular coin and can dictate the pace of the price. 99% of dumps are caused by the team not investors or bounty hunters.
full member
Activity: 624
Merit: 101
BBOD Zero-Fee Exchange
January 31, 2019, 05:23:53 PM
Much better if the project deliver its working product to increase the demand for coin because the exchange itself wont be enough for value of coin to grow, they also need more marketing strategy and keep doing some noise for the project after the ICO to invite more buyers or investors to acquire their coins.
member
Activity: 536
Merit: 15
January 31, 2019, 01:31:48 PM
I think there is no point protecting a good project from dump because if the project is good enough, even if it dumps upon exchange listing it will surely find its way back up when the team and developers start to realize its potentials by meeting major milestones on their roadmap or when a bullish market comes. However the list you made is the features of a good coin or token.
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