Topic: Is it ok to lock your bounty for 4 months - page 6. (Read 21622 times)
what a wonderful project. i wish i saw the bounty. it looks nice. i love educational projects. personally. projects like Odem. the reason behind the lock is to avoid people selling off unnecessarily which i believe you know. kindly wait after the four months for usage. it is worth keeping serious.
Not to say of course that this is normal, but it happens all the time, and it can last much longer than just a couple of months, it can last for half a year or a year. Sometimes it can even be good when a project is well developed and after paying a token it is very expensive.
Now this happens all the time, because the projects are trying to survive in a bear market. In order to keep the price of the coin, the developers postpone the distribution of coins, or block them on your wallet for a certain period of time.
I think this is the right decision. We should care not about our own benefit, but about the success of the project, which in turn leads to our enrichment. This can be compared with a forced hold strategy that will bear fruit.
I have seen a project team that says that bounty tokens will be paid in the next 6 months after sales, this is not even talking about being locked. It means that the tokens will not be paid until after the six months end. They had announced it at the start of the bounty, which i feel is fine. Unlike some projects team that just postpone indefinitely. No prior announcement and no update.
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
If it is say before hand or when something unexpected happen it is still acceptable. If you give it a thought that if the ICO make their coins tradable at bad time the coins that you get might not worth anything at all and once it is trade-able in exchange all the other people in the campaign will want to sell away their token at the same time as well and high possibility that the coins value will drop to a low very fast before you are able to do anything about it. Personally i also hate this lock up but if you think deeper you might agree to their lock up also.
If the team or project decided to lock token, there is nothing you can do about that. They might have their reasons of locking up token, maybe to prevent dumping. The bad side is that the project didn't mention this when running bounty.
Today's average bounty payments are not clear. lots of delays even cutting allocations. It is very detrimental to the bounty hunters who hope that they will benefit greatly here
Its a strategy that most projects implement so as not to let bounty hunters dump the coins for the best interest of the coin the the developers lock down the coin
This is a good move for the project to lock bounty tokens to protect the price and prevent dumping because some bounty hunters once they receive their token they will immediately dump and the price will go down.
I get your point. But, once they distribute the token to the bounty hunters, they should not be the one to decide what will the bounty hunter do with their tokens. They are out of the business if the bounty hunters will dump their token immediately. I personally don't agree with locking your tokens.
Indeed, developers team must want to protect early investor from dumping. If bounty reward not locked, developers team worry hunters will dump the token in any price and it makes investor lossing their portfolio value. I think its normal if developers team lock the reward for protection
It is normal now that there are many bounties that delay months of payment on the grounds that the market is not good and now they need something new to be able to get a big profit
This is a good move for the project to lock bounty tokens to protect the price and prevent dumping because some bounty hunters once they receive their token they will immediately dump and the price will go down.
I get your point. But, once they distribute the token to the bounty hunters, they should not be the one to decide what will the bounty hunter do with their tokens. They are out of the business if the bounty hunters will dump their token immediately. I personally don't agree with locking your tokens.
We must be patient and you must also understand because market conditions are still low. We can see that in 2017 many projects were successful, even to get tokens it didn't take long. Because at that time the value of coins increased and they were not afraid of Dumps. And for now, many ICO projects that secure prices remain stable.
The project is trying to avoid a sharp decline in the price of the token. This is good for the project, but unfair to bounty hunters. Most likely, you just have to put up with it, because it is connected with the state of the crypto market.
This is a good move for the project to lock bounty tokens to protect the price and prevent dumping because some bounty hunters once they receive their token they will immediately dump and the price will go down.
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I once met a project that made a lock on a reward bounty is a dealcoin the reason is because they prioritize investors but still in the end the project falls, and it looks like locking is the wrong choice
Yes because those are scam projects and no matter how they do, their projects will fail. I really hate those projects because we have wasted a long time but we have to keep waiting when the rewards continue to be locked. 
If you weren't informed of this condition up front it's not really fair but the terms and conditions for bounty campaigns generally tend to change at any given time even without prior notice and there's not a real lot you can do from a legal point of view so just be patient and you should receive your rewards
On the one hand, this is true, since with this action the project will secure the course of its token, but in such cases it is necessary to initially notify the participants of the company’s bounty about such actions, but on the other hand, for 4 months, no reward will be wanted.
It is not ok, but do you have other options? I don't think so, because bounty hunters have to wait in order to receive their reward. Nothing more can be done.
If you think 4 months is long enough, i have to wait for almost a year. I finished my bounty on April 2018, and I just got my token on Desember 2018, and now the token hasn't even release in the market. It's annoying if they made you wait but then again, they have their own strategy so that their price won't drop and ruin their price in the market. You just have to be patient.
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
Blocking received new tokens in our wallets is not very pleasant, however, believe me, this is not the worst option at this difficult time. The fact that you received a token and the project will develop, this is already a great rare success in our time. Almost all new tokens that fall on the stock exchange fall in price, sometimes thousands of times. Therefore, I am not even interested in the price of a new token on the stock exchange, because I know that selling them now is not profitable. Therefore, I would not be worth worrying about blocking tokens in the wallet; the ICO team thus saves them from depreciation.This is their thread
https://bitcointalksearch.org/topic/annpr-icoliker-blockchain-platform-that-combines-education-technology-5061763
Exactly! The receiving of bounty tokens now is big luck.
Maybe they give a gift to you that hold your tokens. It's probably in May their cost will be higher
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