Topic: Is it ok to lock your bounty for 4 months - page 16. (Read 21641 times)
I see the red line "they are never mentioned that they are going to lock for 4 months during the bounty period". Every project has its own policies, I understand your feelings, but they do have the right to change policies that they think are right, of course this is part of the strategy. There is nothing you can do to change it, my advice, try to make peace with your feelings and accept reality. You are not the only one who has experienced something like this, and this is not the only project that makes a policy of locking rewards for tokens for bounty hunters.
This locking of tokens for such long period is becoming the trend now. It's not fair to allow someone work without noting the locking if tokens in the terms of service. It should be stated at the beginning of the bounty.
You are right there. I got a token today from bounty. The joy in my heart when I rushed to send to exchange and make some profit vanished when I saw update that the token I locked. Such a thing brings down morale.
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
There are lots of projects exhibiting this act these days. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
They know if such condition is stated before or during the campaign, a lot will not go for it and those that are already into it, might opt out.
What they are telling you invariably, is that you do not know how to hold, therefore it will be done for you.
It is longer that most projects but bounty participants have to go with whatever rules are set by the admin team. Still better than many bounties that do not pay for many months.
Going by the rules is if such rule is stated at the beginning of the bounty, then when implemented the hunters won't have anyone to blame. But bring up the rules at the end? C'mon, we are all human beings.
This locking of tokens for such long period is becoming the trend now. It's not fair to allow someone work without noting the locking if tokens in the terms of service. It should be stated at the beginning of the bounty.
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 not the first time, a project has did this thing. This is one of their strategy to avoid bounty psrticipants to sell their token quick after receiving it. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is the most annoying part of Crypto that I hate, you lock tokens so bounty hunters doesn't and when it finally over dumps, you unlock. Isn't it annoying
It is longer that most projects but bounty participants have to go with whatever rules are set by the admin team. Still better than many bounties that do not pay for many months.
During this time, I think that investors will start selling their tokens and their price will still fall, so for bounty hunters it will be bad.
Well, few people pay attention to the hunters , I think in this case nothing can be done as just wait, because the rules set by the project itself (
Bounty campaign now a days is not profitable ( working at least 2 months and you will receive a couple of bucks only )... so, 4 months is too short, I think you need to lock it for a couple of years until the revise of a new market.
I think the essence of it is to prevent bounty hunters from dumping immediately after listing thereby crashing the price if the token but they have failed to understand that investors equally dump too
Unfortunately no! Most projects tend to treat bounty hunters poorly, putting in place so much restrictions and limiting how bounty hunters get their tokens as well as what they do with such tokens. Most times, these tokens are locked and release when the project value must have dumped hugely. Locking tokens is always heavily felt by bounty hunters because they are the ones normally targeted. These projects forget that, their success depend in huge part to the success of bounty hunters.
I find that not good at all and the most annoying part is that it won't be stated prior to beginning of the campaigns only when it has ended and your token received, you will hear a different story
For me, this is not okay. Ask yourself this, if you were employed by someone, would it be okay for them to be able to lock your salary for months? I don't think so. These practices, however, are being allowed by certain bounty hunters who accept to work under these circumstances. If bounty hunters refused to work on cases like these, then these practices would cease. So, my advice is to find a better coin or ICO (or anything else) to work for.
Its your choice to participate or not, but mostly you are being informed about this but if its not then there’s a problem. Bounty hunters should take responsibilities on choosing a campaign and ask everything to the developer before you participate. If they lock your tokens, maybe they just want to make sure that you will be part of the project even after the exchange listing.
If that is the decision of the developer and the team then is not a bad idea if it will help the value of the project to appreciate, it is one of the way to sustain Tue price of a project now.
My friend, you are a high rank. You must understand everything. Scammers or not so easy we can not find out. Of course, any project has the right to block tokens or something else. However, this will not give you the answer.
If it will he'll help the price of the project to appreciate why not, but not mentioning that from the beginning is what i do not support.
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
it's been common to see most projects taking action like this , because they don't want token prices directly dump by bounty hunter , actually this action has a positive too, while walking the roadmap it will be difficult to be dump in the future 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
And what's wrong with that? This is a very correct decision in such a market so as not to drop the price at 0 finally This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
During this time, I think that investors will start selling their tokens and their price will still fall, so for bounty hunters it will be bad.
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