It is quite unfortunate that some rules are not made clear at the start of bounty. They are not also announced during bounty, but when it ha ended.
I just wonder sometimes when i read statements like "we have the right to make changes to bounty rules" during bounty and it keeps me quizzed on what may likely happen, which most times bounty hunters may not like.
Topic: Is it ok to lock your bounty for 4 months - page 12. (Read 21641 times)
The team always reserve the right to change the bounty rules. I would not mind locking of bounty rewards to be honest as long as they do not abandon the project.
For those projects, I think they are very interested in their projects and they are afraid that prices will be dumped when the bounty is distributed. Locked bounty for 4 months will help the price of the token will not be dumped at the time listed in the exchange. I will be patient and waiting to receive those tokens, very valuable
It seems to me that they are taking such steps in connection with the market situation. Recently, I have often watched this!
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
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
In my own observation, bounty nowadays has been realigned and adjusted to when it comes to distribution and locking of tokens, some project tokens were lock and in order to protect the market value and avoid dumping of value, in my case it is okay for me, as long as the tokens would still be valued and liquidated after the dues of locking of tokens, but some others were disagree d on this method because it is the right of the bounty participants to receive their share and liquidate profits based in their performances.
the team is avoiding the price dump of their token which is good for a project although the sad part is that bounty hunters will pay the price and have to wait a bit longer before they get what they've earn but this strategy is good in the long run.
I think that you have recently become a bounty hunter, because this practice is used by many companies. In the crypto-currency market, you do not have to wait for justice, you have to agree with the decision of the development team. In addition, this is done in order to protect the rate of the coin from a strong decline.
They locked the tokens for various reasons and this was a strategy the team did, just hoping it wasn't just a scam.
Also, check the telegram, the team is still active or not, and what action is taken by the development team in the process of locking the token.
Also, check the telegram, the team is still active or not, and what action is taken by the development team in the process of locking the token.
It just for prevents price dump from the bounty hunters, Almost every project that I saw since 2018 always use this strategy. I know it makes us need to wait for longer to enjoy our reward from our hard work but It must do by the team to make the price of their token become stable...
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 it is bad practice to do this, epecially if it was not stated at the start, people have spent time promoting their project expecting their agreed reward. You cannot just change these things at the end, it is unfair. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
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
This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
To some extent i can understand locking tokens but that should have been written somewhere in the bounty thread. As it is is more of a form of abuse, since you had only a part of the information when you joined the bounty.
The team always reserve the right to change the bounty rules. I would not mind locking of bounty rewards to be honest as long as they do not abandon the project.
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
They can, and then also reduce the payments and say it happened, so decide whether to invest in a project that does not value people who gave them the right to live. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
It's the ICO or team's right to hold or lock the tokens for 4 months before you could ever trade it somewhere else. They are doing that for so many reasons that might even come as a surprise for both investors and bounty hunters as well. All you have to do is just wait and see if it really works.
They can do that if they are transparent from the very beginning. At this situation, I think their actions could be justifiable because if they'll release it and people will dump
there's a chance that a project will be having a hard time to recover.
You can just think that you are investing in a company and what they are doing is not only for your interest
but the interest of the majority, so I repeat, as long as justifiable or legal, that's acceptable.
It's the ICO or team's right to hold or lock the tokens for 4 months before you could ever trade it somewhere else. They are doing that for so many reasons that might even come as a surprise for both investors and bounty hunters as well. All you have to do is just wait and see if it really works.
Many bounty's have the same problem. Initially, unwanted rules can be added later. Some bounty had no KYC requirement. When it came to the award distribution, they put the KYC requirement. They make it hard not to distribute the awards. They must continue with the rule set at the beginning.
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
The blocking by the ICO team in our wallets the tokens listed to us for participating in their campaign of bounty ICO for several months under normal conditions is of course not normal. However, now we need to take into account the current state of the cryptocurrency market. Now, almost all new tokens, after they hit the stock exchange, depreciate simply catastrophically, sometimes thousands of times. It seems to me that it is better to wait a few months now, or even more than to have a discounted token. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
I think it's part of the strategy some project managers used by some project to prevent from early dumpers from bounty hunters. And thus, it must have been mentioned in the whitepaper or the roadmap that the token will be locked for a certain period of time and that time must be due followed. And mind you, one must also know when the unlock period will be so as to avoid been dumped onto.
How will locking of tokens stop dumpers even after the four months elapsed? I don't believe this delay tactics by some project manager will stabilize the price of their token, of course a lot of investors and bounty hunters would have reached conclusion of selling those tokens outrightly, I also participated in a bounty wherein almost a year now they refuse to get listed while citing unfavorable market conditions and to avoid dumping of their coins.
I think this is not in favor in the part of the bounty hunters, but this would be a solution to a token that would be going to dump its price. I also think the posaitivity on locking the rewards for the betterment of the price of the coin. And i think 4 months is good enough to wait and its better rather than if you get your reward right away then the price is dump.
Locking the token for 4 months is not really a great thing especially for the bounty users who already wanted to cashed out their funds after their hard work.
I've seen something like that in the past, locking bounty for 4months happens sometimes to avoid dumps from bounty hunters ,its nothing to worry about after 4months you will be able to trade
maybe that's a good goal, because like that, the price will be better, but investors don't dump. I myself don't have much problem with lock for paid bounties. but that could only be to protect the interests of investors. Jump to: