Topic: Is it ok to lock your bounty for 4 months - page 19. (Read 21622 times)
it was bad, I had experienced the bounty token locked for 6 months and after the token was unlocked the project was lost and worthless. we must be careful now not to meet a project like that again
It depends on the agreement before the bounty activities started, if they stated this rule before the campaign started, then it's cool, I am participating in a bounty that would lock the tokens for 3 months but I do not mind because it was stated from the beginning.
Bounty is of course very dependent on the market, if the market is still red like in 2018 then we cannot get income from the bounty, and what we can do is hope that strict regulations will be made immediately on ICOs.
These kind of decisions should be made public at the start of the bounty campaign. It's bad when at the end they suddenly decide that bounty hunters should not get paid until everyone else has dumped
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
It's really up to the project team before tokens gets unlocked.
They're just protecting their token price as we are in the bear market and releasing it now will be detrimental for the price of their token.
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 that is OK, perhaps they still need to prepare for the market listing or they are waiting until the market reach a stable state, cause as we know the market today is still so low and so much fluctuated. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Maybe they want to prevent dumps on their tokens. And in market conditions like this it is the best decision from dev.
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
This is ridiculous to lock tokens for four months if they have not mentioned on their bounty thread or informed hunters earlier about locking of tokens. They are doing this becuase they fear hunters might dump their tokens when launched on the exchange. There are some projects who did the same thing & when launched on the exchange their values got dumped because of pre-sale buyers who dumped token on the exchange. Take example of Hyperquant, Gamestar, Fiicoin etc due to this bounty hunters earned amount as per ICO price drops significantly by 80% to 90% which is not fair for hunters. Its better next time confirm about is there any locking period or not??, else your hard works will be worthless.
for the locking of a token or coin by the founder is a natural thing, because they think to
stabilize the price released, because there are so many examples if a coin or token is directly
released in the market, bounty hunters sometimes sell it even though the price is very well below the ICO price
But they are wrong at this case, remember whatever how long you lock the token and if there will no a lot of liquidity in the market that support the buy order and that will be useless. the developer must put the main attention to get a lot of liquidity. this can prevent anything. stabilize the price released, because there are so many examples if a coin or token is directly
released in the market, bounty hunters sometimes sell it even though the price is very well below the ICO price
This is one of the reasons why ICO is not my favourite ,why would they do that? I'm guess they did that out of fear that dumpers will make the price crumbles,but still this doesn't safe the project from dumpers ,I believe if the teams behind the project trust there work they won't have to worry about the price at all as market is not already in good shape
for the locking of a token or coin by the founder is a natural thing, because they think to
stabilize the price released, because there are so many examples if a coin or token is directly
released in the market, bounty hunters sometimes sell it even though the price is very well below the ICO price
stabilize the price released, because there are so many examples if a coin or token is directly
released in the market, bounty hunters sometimes sell it even though the price is very well below the ICO price
It is indeed sometimes annoying. However, the team did not want to sell the coin at a low price so that lock them to avoid massive sales can make prices fall. not to mention on the condition that Crypto is indeed too bad this will result in any coin that appears or just finished ICO into fall and far from the expected value.
OP their is no other option as you have got lock-in bounty, which you have to follow it, it all depends on the quality of the token/coin success and how they are going to promote their project. If it is good then you will get good returns if not forget it and move on to other project.
They locked the Bounty because of poor market conditions. Maybe this is their strategy to keep prices good and not collapse. Maybe you should be patient until they reopen the Bounty token.
It is not okay if the term was not mentioned before the start of the bounty, this is ICOs breaching terms of agreement but because there's no regulatory body they get away with it.
Is that the new strategy of the bounties that they aren't allowing the bounty participants to dump their tokens?
I have read it when I'm surfing somewhere and I think it's one of their preventive ways to stop most of the dumping session. They take all the blame of dumping to the bounty hunters so I think that's part of their plan.
I have read it when I'm surfing somewhere and I think it's one of their preventive ways to stop most of the dumping session. They take all the blame of dumping to the bounty hunters so I think that's part of their plan.
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
Since we are on a bear trend I think its good for the project to hold it for now since it will just become useless if they push it through. Don’t worry because if its a good project, you will gain more so be patience. The problem here is that, they don’t tell it in the first place but still its better to wait than nothing. This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
This is one of team's strategies in maintaining prices in market because indeed many ICO coins are currently experiencing huge price decline when listing and in my opinion it is fine, you better follow development of the project on telegram
after all, you got some token for your work, that is worth a lot. the four months go by and you have your pay safely. since many ico projects do not pay anything at the moment, you can be happy if you get something. that sounds tough, but that is the reality on the ico/bounty market right now.
This is one of the great concerns in the crypto community currently and it seems most participants always get cheated. Ideally it is not fair to do this but bounty hunters have also been seen to dump tokens when listed so currently most pojects bring up lock period to sustain the value of their tokens. I believe when bounty hunters stop dumping tokens this trend of distribution might change.
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