Locking Bounty Rewards To Avoid Dumping - page 11.

Lanatsa

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Quote from: steveabrahams on April 01, 2019, 05:09:59 AM

Quote from: Bttzed03 on March 22, 2019, 04:38:23 AM

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters Grin

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

Yeah it's still same because bounty hunters will still sell all their coins after the receive it. So it's kinda useless. It's works though to avoid dumping but only in the beginning, after the bounty hunters receive the tokens the price will dropped and more dropped.

Dropping its price is inevitable even those bounty tokens would be locked yet as you said bounty hunters will still sell off those tokens.The difference only is that the project will able to sustain that dump if it
already stabilizes or built up its trading volume which can hold up such dump and eventually recover once again into the previous level before the dump of bounty tokens.Overall, this would still depend on the potential and support of such token.

steveabrahams

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Quote from: Bttzed03 on March 22, 2019, 04:38:23 AM

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters Grin

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

Yeah it's still same because bounty hunters will still sell all their coins after the receive it. So it's kinda useless. It's works though to avoid dumping but only in the beginning, after the bounty hunters receive the tokens the price will dropped and more dropped.

Squirrel Dearing

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The project team has the right to decide how to deal with the coins, because it is in their interest to do everything to the value of the coin after entering the exchange immediately fell. And if it is necessary to prohibit bounty hunters or investors to trade for a while, I do not mind, a good coin in the future will only grow in price.

Caladonian

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Quote from: shinratensei_ on April 01, 2019, 02:41:02 AM

Quote from: joseyphil82 on April 01, 2019, 01:03:38 AM

The project teams are the ones to be blame ,there are ways to prevent dump if that's what they want ,the buying back trick works and I like projects that implement the buying move ,dumpers will always dump I don't see anything wrong in that

Buyback should be the best way to prevent the dump from the bounty hunters but a lot of icos are so greedy to holding rather than thinking how they can save the price of the token. Provide a big exchange site may become the next solution.

Most of the time, buyback can be a good solution if the team behind are really legit, knowing that the project that they've created will be usable not unless they've got nothing behind, they should left a reserved funds for continuous development and progress, locking bounty would not affect anything as we seen that it's only a little percentage of the actual collected funds, so how this bounty hunters can hurt the real progress if the team behind is ready for good solutions to avoid it to happen.

Maslate

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Quote from: izanagi narukami on April 01, 2019, 03:04:52 AM

It's difficult to find another effective marketing because people also difficult to find profitable token/altcoin where there are many new project also occur nowadays.
Overall it's depend on themself !

They can lock the coins as they think it would be a risk that would dump the price.
But that is not transparent, during the start, they were able to recruit supporters through the bounty program because they have a very good rate.
But changing it afterwards, I thought it's kind of unfair practice that should not be tolerated.

Shadovka

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Quote from: Bttzed03 on March 22, 2019, 04:38:23 AM

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters Grin

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

I think locking partial of the coins holder is not really a feasible idea as i am sure dumpers exist in hunters or even investors the least possibility person that will dump the coins i assume is the team members.

izanagi narukami

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It's difficult to find another effective marketing because people also difficult to find profitable token/altcoin where there are many new project also occur nowadays.
Overall it's depend on themself !

||bit

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Locking bounties won't solve any problem and i don't think bounties are the cause of the dump.

The reason is the greed ico holders have. There are lots of solution to dumping problem and they all directly about the greed they have.

shinratensei_

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Quote from: joseyphil82 on April 01, 2019, 01:03:38 AM

The project teams are the ones to be blame ,there are ways to prevent dump if that's what they want ,the buying back trick works and I like projects that implement the buying move ,dumpers will always dump I don't see anything wrong in that

Buyback should be the best way to prevent the dump from the bounty hunters but a lot of icos are so greedy to holding rather than thinking how they can save the price of the token. Provide a big exchange site may become the next solution.

joseyphil82

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The project teams are the ones to be blame ,there are ways to prevent dump if that's what they want ,the buying back trick works and I like projects that implement the buying move ,dumpers will always dump I don't see anything wrong in that

dark08

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Quote from: Coinraptor on March 31, 2019, 06:09:56 PM

Locking Bounty reward did not help any project in the crypto history! I am here for a long time, And I have enough experience in bounties! I don't know why ICO project owners afraid about the bounty hunters when they helped them to gain success! Last year, many ICO project locked their bounty token to avoid the dumping! Recently Terawatt announced that they will distribute bounty token months later! But their decisions is like killed their project! Terawatt has no volume at all, and price dumped by 100% already, and a good project like WMK also facing a lack of investors, because bounty hunter left this project. WMK locked hunter's tokens more than 4 months, so they are suffering now!

I agree to you not only bounty hunter sell token when they distribute but also some investor dumping the token to buy back at low price no need to blame bounty hunter we do our jobs to promote the project we also deserve a right payment and we have a right desicion to sell or to hold a token.

electronicash

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Quote from: Coinraptor on March 31, 2019, 06:09:56 PM

Locking Bounty reward did not help any project in the crypto history! I am here for a long time, And I have enough experience in bounties! I don't know why ICO project owners afraid about the bounty hunters when they helped them to gain success! Last year, many ICO project locked their bounty token to avoid the dumping! Recently Terawatt announced that they will distribute bounty token months later! But their decisions is like killed their project! Terawatt has no volume at all, and price dumped by 100% already, and a good project like WMK also facing a lack of investors, because bounty hunter left this project. WMK locked hunter's tokens more than 4 months, so they are suffering now!

it will happen to more of the projects when they see a project is going to be less useful for the public,. i have heard about the project and i see nothing to it as the world are up for renewable or solar energy but i never really think it will be funded that it will be listed also in an exchange. nevertheless its already there. if investors had dumped all their tokens, distributing bounty tokens will put them more to a dangerous situation. Grin

Coinraptor

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Locking Bounty reward did not help any project in the crypto history! I am here for a long time, And I have enough experience in bounties! I don't know why ICO project owners afraid about the bounty hunters when they helped them to gain success! Last year, many ICO project locked their bounty token to avoid the dumping! Recently Terawatt announced that they will distribute bounty token months later! But their decisions is like killed their project! Terawatt has no volume at all, and price dumped by 100% already, and a good project like WMK also facing a lack of investors, because bounty hunter left this project. WMK locked hunter's tokens more than 4 months, so they are suffering now!

robelneo

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Quote from: Bttzed03 on March 22, 2019, 04:38:23 AM

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters Grin

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

What is it I get the feeling that the developers themselves are buying their own token to fake the sales stats and then dump them when it hit the exchange, I don't have proof but if they locked the token for bounty hunters, then who are selling their token at a lost, even the bonus cannot compensate the losses.

malphite534

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If bounty projects pay bounty hunters for cash each week or months the bounty will be better for them because they are working harder, and to avoid dumping of tokens that are blaming bounty hunters. So in bounty projects should pay the bounty hunters exactly as they do for the betterment of each other and for the better to be a successful.

ajdar.muxin.79

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There are several ways of how to prevent the first exchange dump. First of all, if projects would not be so greedy, they would pay hunters with collected ETH, BTC or whatever. And secondly locking tokens for a month is not the worst decision.

Jack_Sin

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A very disappointing decision for the bounty hunter because the token locking rules were never promised before, for me this was an unfair decision

criket

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Quote from: etherclassic on March 29, 2019, 10:56:46 PM

Usually the numbers of bounties reward is small amount it is around 1% up to 5% max of total token supply, it is not enough for bounties hunters to dumping their coins on the market. I don't think it will gives bad affect to the price of token, so there are no reason for locking bounties reward after the ICOs end.

all of it could have been. Indeed the numbers are just a little on hold by the bounty hunter, but when a small amount is sold all together will surely cause a decline in the market. Moreover, if the market has not yet formed a strong buy. This is common on the new token is listed on the Exchange.

etherclassic

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Quote from: Dayan1 on March 29, 2019, 09:24:22 PM

Yeah it should be the teams share and why to blame hunters. They work for it within months, the difference is hunters invested their time and investors invest their money. Both have equal rights to sell anytime they want, really dont blame them because the main reason why the token dump, was from the team, lack of ability to manage the project within the situation.

Usually the numbers of bounties reward is small amount it is around 1% up to 5% max of total token supply, it is not enough for bounties hunters to dumping their coins on the market. I don't think it will gives bad affect to the price of token, so there are no reason for locking bounties reward after the ICOs end.

Aldrinx00

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I don't think it's fair to blame the dumping of tokens to bounty hunters only and i don't think locking of bounty bounty rewards will prevent it. If a project is solid and the developers and community are all active then the possibility of dumpers will be lessen, the main reason of low price and dump is because we are currently in a bear market.

Topic: Locking Bounty Rewards To Avoid Dumping - page 11. (Read 1979 times)