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Topic: Is it ok to lock your bounty for 4 months - page 10. (Read 21622 times)

member
Activity: 364
Merit: 10
February 20, 2019, 02:06:47 PM
I have took part in a bounty that ended in April 2018. These guys have collected their hardcap and still have not even distributed tokens. It is silly, but you were lucky, that you needed to wait only for several months.
copper member
Activity: 266
Merit: 0
February 20, 2019, 01:55:21 PM
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?

This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763

I think if it for the improvement of the coin, then it is fine for it to be locked. I mean, you supported and work for that project right? Why not support it until the end and the decisions they have made. I think it is for everyone too.
member
Activity: 280
Merit: 11
February 20, 2019, 01:47:13 PM
Most times bounty participants are always I haste to sell, but despite that, some projects still make their ways to the top and they are trading above ICO prices.
I have seen projects that locked hunters' coins, yet they dumped. Most of these prone ts should learn to work on their products and project in entirety, instead of focusing on unnecessary things.
member
Activity: 536
Merit: 15
February 20, 2019, 10:33:42 AM
I think locking bounty hunters tokens for four months is very unfair especially when it was not mentioned when the bounty started. Most project team tend to blame bounty hunters for the dump of their tokens, how will bounty tokens not up to 5% of the total token supply make the project dump so hard? And they have forgotten that they have given investors ridiculous bonuses during the pre-sale and crowdsale.

I participated in a bounty and the team decided to lock our tokens for 1 month but the token was already trading at 0.02X after it was released, how is that the fault of bounty hunters? I later realized that they gave pre-sale investors 100% bonus and 50% bonus for crowdsale.
sr. member
Activity: 994
Merit: 250
February 20, 2019, 09:15:39 AM
There is nothing strange in this. It's quite normal. I have repeatedly come across the fact that projects extend the bounty company. Therefore, it remains only to wait. Sometimes it is unpleasant that they endure and prolong as you rely
sr. member
Activity: 594
Merit: 250
February 20, 2019, 09:08:35 AM
As a bounty hunter i would accept this offer. When the tokens arrive to exchanges the bounty hunter usually sells their bounty coins at the first day and the price goes down too fast. So that would be bad for everyone. I think the bounty payments should paid late or the project pays to bounty hunters in ETH or BTC.

I agree with you when it come to this and mostly the bounty hunters sells their token quickly for a below ico price that will cause a huge dump but honestly even if they do this and they start hitting the exchange and the price goes down then maybe there is a problem with the development.

Also there's nothing to worry about if you get your token to your wallet from the campaign even if they unlock it for a several months but not too long because people might forget the value of the token.
full member
Activity: 854
Merit: 100
SportsIcon - Connect With Your Sports Heroes
February 20, 2019, 08:57:43 AM
I think that is a strategy from the Liker team, and bounty hunter can't do anything just wait until the token unlock. Maybe the team afraid if the token listing that price will dump.
jr. member
Activity: 340
Merit: 2
February 20, 2019, 07:44:44 AM
I met a campaign where they locked my password for 4 months, but they informed all the hunters and I feel normal. There could be some reason for the project that the team did such.
copper member
Activity: 280
Merit: 5
February 20, 2019, 07:41:11 AM
Every bounty has a set of rules and guildlines that must be adhered to, if a project owner decides to lock the bounty tokens and makes this known before the bounty commences, then there is nothing wrong with that, it is wrong when it is not stated clearly before the bounty begins.
hero member
Activity: 1834
Merit: 523
February 20, 2019, 07:39:52 AM
Bounty manager do that for the good purposes. If you are bounty hunter you can what happen to the token and that is decreased in the first week in the market. Maybe that startegy can help for the token to maintain the price at ICO value or it will increase it.
full member
Activity: 658
Merit: 112
February 20, 2019, 07:39:02 AM
As a bounty hunter i would accept this offer. When the tokens arrive to exchanges the bounty hunter usually sells their bounty coins at the first day and the price goes down too fast. So that would be bad for everyone. I think the bounty payments should paid late or the project pays to bounty hunters in ETH or BTC.
sr. member
Activity: 462
Merit: 250
https://saturn.black
February 20, 2019, 07:35:35 AM
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?

This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
For 2016-2017, this phenomenon would be abnormal, and today many things have changed, each project dictates its own terms and there is nothing to argue with, of course there is nothing pleasant about it. But you have no choice.
jr. member
Activity: 156
Merit: 2
February 20, 2019, 07:30:56 AM
Is not ok by me at all,  if they are to lock token after distribution that four month of locking is too much .
full member
Activity: 518
Merit: 100
February 20, 2019, 07:29:58 AM
Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?

This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763

I saw many such things. I waited 3 months and even after 3 month price cost still - 95%. Everybody just hope that bull will come to the market and trying to take time.
member
Activity: 504
Merit: 10
February 20, 2019, 07:23:15 AM
Unfortunately, you can not do anything about it. Most likely, this is a necessary measure. I understand you that you are upset, but now many projects do it. A solution of this kind is an unpleasant surprise for bounty hunters.
jr. member
Activity: 185
Merit: 2
February 20, 2019, 07:10:31 AM
They have the right to do so though not everyone shares their opinion, but still they can do it through a smart contract!
member
Activity: 330
Merit: 10
http://www.daxico.com/
February 20, 2019, 07:03:12 AM
Locking the bounty tokens that you received in the projects you participated is good strategy to make sure that the price of the currency will grow. But what's wrong is locking the bounty tokens without any announcements about that matter and it is really not good at all because you don't even know why they choose to lock it without any information given.
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
February 20, 2019, 07:01:42 AM
Maybe team doesnt want the bounty hunters dump it right away. They have own strategies to avoid that scenario so they lock tokens for 4 months. But me as bounty hunter doesnt like that way. The reward should give to the bounty hunter as soon as possible.
full member
Activity: 588
Merit: 100
February 20, 2019, 06:44:35 AM
If I'm not mistaken, the rules in the projects describe in advance possible difficulties of this kind. For more than a year, I haven’t even sold a single coin, I have never seen a problem in that they freeze, the hope is always only for successful development.
lock for bounty token sometime has good impact for us.developers team decided to prevent massive dump to their token price.and if our token unlock maybe we just got small amount of money.
member
Activity: 770
Merit: 14
www.thegeomadao.com
February 20, 2019, 06:43:07 AM
It is not okay for bounty hunters as bounty hunters want their reward tokens as fast as possible, while project owners may have various reasons for delaying the distribution of tokens. So project owners are not entirely to blame for this. As far as bounty projects, it is very unfortunate that many fake ICOs are cheating bounty hunters and investors. It must be stopped.
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