One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
After all, if it is written that the reward is worth $50, it is obvious that the value is calculated on the basis of the ICO price.
Nobody lies, it's just obvious. Because where do you think this value comes from? From a crystal ball?
And as for the price that will be on the exchange, it sets the market. If the projet is good, then this value may increase. Unfortunately, the current market situation make that this value is usually lower.
