Is it ok to lock your bounty for 4 months - page 20.

Quintrix

member

Activity: 259

Merit: 17

Quote from: cryptolove.143 on January 28, 2019, 10:11:54 AM

If it's part of their strategy then you can't anything about it

It's a bad precedent for all of us bounty hunters what if they do not announce it and then they lock the coin for 6 to one year and everybody is doing it I don't think bounty hunters will be interested to promote ICO anymore, consider them as scamming the bounty hunters.

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: Ultimist on January 28, 2019, 04:34:16 PM

This is normal. Apparently the team decided therefore to keep the coin from falling. Some projects simply delay listing on the stock exchange, and some freeze tokens.

Team have rights to do so but it doesn't mean same thing to prevent possible dump. Bounty hunters are not usually investors and locking bounty rewards have more advantages than disadvantages.

pelumi20

member

Activity: 712

Merit: 15

I personally don't think it is good or OK to lock bounty tokens for that long, because most bounty hunters participate in bounties for a living, so locking the tokens for that long will affect. Also any bounty that wants to lock up bounty hunters tokens should state it as part of the rules for the bounty so that we will be fully aware of it and can decide whether to participate or not.

Denton

full member

Activity: 798

Merit: 100

Yes, the team should have warned about this at the very beginning of the bounty company. Maybe they did it for good purposes for the project, but it's not good to announce it at the very end. Because someone may not be ready for this and do not agree with these conditions.

Ultimist

full member

Activity: 812

Merit: 102

This is normal. Apparently the team decided therefore to keep the coin from falling. Some projects simply delay listing on the stock exchange, and some freeze tokens.

el_lobo

copper member

Activity: 266

Merit: 0

Quote from: judeafante on January 28, 2019, 09:36:59 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

That is not a nice decision from the team, but they can decide that.
It would have been fair if they had said that from the beginning.
But as written, they have the right to decide this.

AgentZero23

member

Activity: 644

Merit: 10

I think it's okay the decision of the developer is for the good of the project. As long as the smart contract is locked not even the ICO investors can trade their tokens. You need to bear with the developer as they have the best intention to locked the tokens. You need to be patient as 4 months it's not too long.

yescrypto

jr. member

Activity: 319

Merit: 2

A nexgen decentralized ride hailing

I think locking it should not be a problem as long as the whole token is being locked so why worried, but if it is to be that only the bounty distributed tokens are locked then there is a problem which need to be dealt with with the organizers. Because how on earth someone will work and sell at valueless prices.

ninja811

jr. member

Activity: 266

Merit: 1

CurioInvest [IEO Live]

After the cryptocurrency market recovers completely and gains its former glory, you can get the desired profit from these coins.
In the meantime, do not despair, in this situation you have to wait.

Sanderion

full member

Activity: 434

Merit: 100

https://eloncity.io/

This happens not only with tokens earned from bounty programs. Many ICO projects delay issuing tokens for up to six months! Some projects change the conditions for unlocking tokens for early investors and so on. You should not worry much about this, these are the realities of the market. Now it's best to be patient and not to spoil the reputation of projects.

emmybd

full member

Activity: 1218

Merit: 112

It wouldn't be a bad idea to lock the bounty for a few months, as some time the market is a very bad situation, so releasing the token in such a situation would be very bad for the project. So, it would be better to lock the token for a few months and then release it when the situation is a little better.

tmpwhore

full member

Activity: 343

Merit: 100

There is a bad situation on the market now. The project's strategy doesn't let you to dump their coin while the whole market is falling. When the situation will be more patient you will sell your tokens.

MirclIX

jr. member

Activity: 392

Merit: 2

It seems to me that in such a situation it is difficult to do something.
The developers thus decided to further stir up interest in their project.
I really hope that you get what you deservedly earned.

sends1

jr. member

Activity: 756

Merit: 1

I think as a bounty hunter you can only wait for the distribution of tokens, they usually reduce the risk of dumping on the cmiiw's token.

rijaljun

sr. member

Activity: 1274

Merit: 267

Locking tokens allocated to bounty hunter is actually good both for bounty hunters and the project. It can avoid a project from dumpers which mostly are bounty hunters. Also, bounty hunters who are only want to sell projects' token as soon as they received the bounty payment will be decreased, and the bounty will be only for them who are really believe in the project.

#Darren

sr. member

Activity: 784

Merit: 250

DIA | Data infrastructure for DeFi

If they are not live on exchanges and are still in the funds collecting stage that this is not surprising. Maybe they have postponed their ICO and have decided to postpone the bounty programme as well. Do not need to worry I hope.

semobo

full member

Activity: 1498

Merit: 146

Quote from: judeafante on January 28, 2019, 09:36:59 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

If you are participating in the bounties then you need to agree all the terms and conditions of them so just wait until can trade it. But if you think it is unfair to do then never join on the bounties and make altcoin payment other than tokems by themselves.

go4crypto

sr. member

Activity: 798

Merit: 263

The lockup period may be longer than most others but is not unusual. Lockups are becoming more common in this weak market since so many tokens are trading below their ICO prices.

pidie

member

Activity: 639

Merit: 18

In my opinion there are two sides to the perspective of locking prizes for 4 months.
1. They lock coins because they are worried about falling prices so they are waiting for the right time to exchange their coins.
2. sometimes they are negotiating with the exchange to be able to exchange their coins at a relatively expensive price.
this is according to my understanding.

normanz

copper member

Activity: 327

Merit: 0

I think it is a policy made by project makers because the market conditions are very bad. I think you need to be patient to wait for the time you can sell it.

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