Topic: Good ICOs should be protected from dump - page 4. (Read 23351 times)
I think you can reduce your list and leave KYC and Bounties. I agree that ICO participants must undergo a KYC process, every single one. Moreover bounty hunters as well, and they should be paid in stable coins or in BTC to avoid dumping.
It is very difficult to determine how good the project is until it is fully launched. Even if it is possible to protect the token from the dump, this will require huge investments, everything will still have a bearish trend factor, which somehow will crush the cost of the token.
The main thing is the projeck is not a fraud. because we know that there are so many fraudulent projects right now. we as bounty hunters must really do research on the product or the project they offer
I totally agree that companies that really deserve to be constantly at the highest level should take care of the price of their token, but at the moment with such a market it is very difficult, therefore it’s difficult to do something about it.
Even this will not give the desired result, because sometimes the projects themselves merge their coins instead of burning them!
Not all of ICO team and owner will be responsibility with their ICO if have lower price after listing at exchange market, we need new ICO at the next time could have regulated how their price could be higher than ICO price.
who should protect it? are we hunter bounties? or investors?
I think the best way to protect an ICO from dump is to buy back the team and dev from the project to do
I think the best way to protect an ICO from dump is to buy back the team and dev from the project to do
The suggestions you mentioned are very good. Now many project parties lack confidence in their own projects and start selling after the listing. I think it is very necessary to constrain the project side.
Your points are very useful expect the KYC ,I have no problem dropping my identity card and house address to claim tokens or coins but my question is how safe is my identity? This is why many don't like KYC implementation
I see your good point on how it would be protected from the dump. But when the investors or the bounty hunters and even the holders decided to sell their coins or dump it on its lowest price, we have no control about it. The market decides the projects future.
you have a good point about minimizing or let me say avoiding the coin being dump. Not everyone want KYC even good and legit participants will not do the KYC just to participate, but this is a good thing to implement to avoid multiple accounts and members will still continue to support the project in the future
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.
Yes I believe this will be minimized because as I thought investors are the one doing the dump before the bounty hunters and if they are organized and they'll communicate each other for the progress of the projects , I think this is really the answer of the longtime problem of the ICO .
I think that they need to figure out how they will support their development at the initial stage and this is the main question
I think they should focus on developing their project, if their project is really good, its price will never be dumped! It is also a long-term way for their projects to grow I think that they need to figure out how they will support their development at the initial stage and this is the main question
I think they should focus on developing their project, if their project is really good, its price will never be dumped! It is also a long-term way for their projects to grow 
Why not just have proper use case and bring token to the good exchange with liquidity instead of exact opposite then saying our token is down?
The effect of a large bonus when ico and large bounty allocation is the reason why the price of coins can experience a very large decline at this time. in my opinion this is a natural thing that happens
Nice ideas where good and best ICO could protect for price dump and have planned by owner to buy back if their ICO price dump, many ICO after listing at exchange market make price dump because all of their team coin allocation sell and make price is dump.
That is very s important step to take to keep the project alive, I see some project place significant buy orders from raised funds to keep the tokens value alive in some cases. Dumping can affect the project badly and make it lose potential investors.
It is indeed very important, the good and potential ICO in the future must certainly be very protected from the name dump. Because it can't be appreciated if a good ICO has to be dumped. Actually this dump cannot be predicted or controlled by anyone. Because everything is pure trade. So we must maintain that a good ICO can be protected.
I also wish many ICOs be protected from dump.
I did a certain project, name withheld, the ICO did not even give a dump value and I so much appreciated it because the token was just so useful for me when things were so dry. Since then I have imagined why others cannot help out that way. Even some refuses to release our token.
I did a certain project, name withheld, the ICO did not even give a dump value and I so much appreciated it because the token was just so useful for me when things were so dry. Since then I have imagined why others cannot help out that way. Even some refuses to release our token.
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