Good day guys, we all have noticed that so many projects tend to loose high value of their token after they have listed in exchanges. One of the cause is the way bounty hunters will want to dump their tokens and move over to the other available project.
There is a remedy to this and here is my suggestion.
- I Advice projects to pay bounty hunters with Ethereum or Bitcoin and by so doing, they retain the value of their token after they must have listed in an exchange or exchanges.
if any bounty hunter is interested in the project, they can use the ETH or BTC reward they got from the project and purchase the tokens.
Guys what is your opinion on this?
Thank you
Bounty hunters aren't the sole cause of the dump tokens experience upon. Remember these ICOs also give huge bonuses to private investors and VCs, some of these tokens have no lock-in periods by these ICOs and as such they dump these tokens at the exchange too.
So projects, can maintain the value of their tokens after exchange listing by doing the following;
1. Have lock-in periods for bonuses ab initio. Should be 6 months to 1 year post listing.
2. Projects should continue with marketing of the project and ensuring it remains in public view. What we've noticed is that a lot of projects simply ignore the marketing angle after their ICO and expect the community to do it for them, which in my opinion is wrong.