Topic: Is it ok to lock your bounty for 4 months - page 4. (Read 21641 times)
I think it is a normal thing, I just think that the project is really still working. Because now many projects face a shortage of money to operate and then it dies. If so, all my bonuses will be lost as well, and I don't want that
If the ICO team want to give preference to investors over the community members, then it makes sense. This is because there are a lot of proffesional bounty hunters, that don't intend to use the token and dump it right away. This influences the price to the negative.
they could have run away. I had previously participated in a bounty for 8 months and their last announcement was that one of the teams ran away with the money and the participant would not be paid, but the thread was still not locked. but I think it's useless.
You are lucky to have received your token even though you have to wait a long time. The Bounty ApolloX I participated in from August and ended November has not yet had a sign that they will pay me.
Locking tokens or not is actually the team's decision from the project. We can't do anything but the token locked. If it is done without prior notice, maybe the project team wants the price of the token to be stable first. But for the hunter bounty, this is very unfair. After we work for them, they lock the token for the specified time. Of course the big reason is to stabilize the price of the token.
This has been a regular practice of Some projects. They leave out some informations when hosting Bounties. I know it's a strategy, but Four Months it's a long time. And some times the prices of the tokens/coins reduces before the distribution thereby leaving Bounty hunters with less dollars(After trading) than expected.
Yes, I think this is a normal practice, each project has its own strategy for unlocking. First of all, participants of tokensail should have the opportunity to dispose of the invested funds, and only then participants of private sales, presales, bounty hunters, advisors, etc.
developers team has their strategy to prevent price dumping after listing in market.and locking token was be one of them, usually they lock token for bounty hunter and bonus for private sale contributors. 
Locking up bounty rewards is actually to prevent huge dump when listed on exchanges but i believe it was unfair of the team to have suddenly change the rules of the distribution. Even though they have the right do so i believe they could have better communicated this with the bounty participants other than slamming it down their throat like that.
This can be problem, but there are ways to prevent dump and bounty huters form selling all tokens all at once.
No, there can't be a problem. I had explained that already in my previous post:
https://bitcointalksearch.org/topic/m.49848985
And I'm going to stick with my opinion unless you show me a bounty campaign that allocates at least over 5% of the total supply of tokens to their bounty. There are no valid reasons for locking participants' bounties for months, in my opinion.
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
4 months of waiting is just a short period of time OP. I had an experienced once where my rewarded tokens were locked for almost a year. Nothing left to do but wait. As a bounty hunter, there was really nothing we can do. I think locking their tokens once they were distributed will be the owners prerogative. Maybe the soft cap hasn't been achieved or there was still no available exchange for that particular token. However, in some cases bounty hunters do benefited when ICOs locked-up their tokens. Because at the end of lock period, the value of the tokens increases.
In your case OP, i do hope that your tokens will put a big smile in your face once unlocked.
Yes, I think this is a normal practice, each project has its own strategy for unlocking. First of all, participants of tokensail should have the opportunity to dispose of the invested funds, and only then participants of private sales, presales, bounty hunters, advisors, etc.
The team has the right to modify the rules in the bounty campaign . I think this is also really good to avoid bounty hunters selling their tokens silly. Maybe you will become rich after they are unlocked 
Yep. That's why some projects lock their token because the team had a logical reason by doing that; to avoid dumping prices in the market and to maintain the liquidity of the token.
The team has the right to modify the rules in the bounty campaign . I think this is also really good to avoid bounty hunters selling their tokens silly. Maybe you will become rich after they are unlocked
That's was a smart way to keep the value of the token far away from death. but we must to analyze as well.
locked token it should be give benefit, ie; will give dividend to all holder, and something like that. so there's not be worried for all bounty participant.
locked token it should be give benefit, ie; will give dividend to all holder, and something like that. so there's not be worried for all bounty participant.
I seriously don't think right Lock bounty tokens for 4 months but most of this projects just feel we dont offer them any real value which is a lie so they keep treating us anyhow, most of all this projects from late 2018 have been locking up bounty rewards, like the one percent allocated for bounty would have any real dumping effect on the price
A lot of ICO projects do that because of bad market conditions, so that I do not see any bad things in that. Keep calm and work further.
There are more interesting cases. For example, for me, one project has not been able to even pay tokens for about a year. SCAM deny - but not paid. And in your case, if warned - this is normal!
If the rule has been mentioned at the beginning of the campaign, I think it's fine. As long as the project continues to grow, I think locking tokens is not a problem. After all, the average ico token after release in the market is actually far from the price of ico
Its a good idea made by the team for the best of the coin thats is keeping it safe from bounty hunters so they ndo not dump and making the price not worth it so its very much ok to lock bounties
why not. it depends on the project of corse. if you dont believe in the project, it is probably not good for you. but if you believe in the project and if you believe that project has a good future, 4 month is not a big deal.
I think with a situation like in 2018 the price of all coins fell. So that many ICO projects make policies, so the price of ICO coins does not collapse. I also got a token and put my wallet in, but I couldn't sell it because they locked my token. We must be patient because if the market conditions are good, of course, they will open the lock.
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