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Topic: Locking Bounty Rewards To Avoid Dumping - page 12. (Read 1979 times)

hero member
Activity: 849
Merit: 507
I don't think locking bounty hunters can stop dumping of cryptocurrencies when they are listed on exchanges, after all bounty hunters are only given a small portion of the total tokens so how really does this meagre amount of tokens affect the value of a cryptocurrency for a long time. Team's of project should put in a good token economics to actually drive a constant use of their cryptocurrency and also should give members the reason to hold by buying back and also air-dropping tokens to those who may be holding their cryptocurrencies. I believe strongly if these measures are put in place the value of a token would be maintained in the long run.
full member
Activity: 1130
Merit: 133
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 also encountered a bounty campaign which the management team locked up the bounty rewards given to the bounty participants when their token is listed on crypto exchange/s to avoid massive dump and there are too many bounty hunters who complain about it. For me, it is better for the management team not to locked up the bounty rewards but to limit the quantity of selling of bounty rewards each day.
i think that's normal, they want their reward paid as soon as possible when campaign already done.and when developers team decided to lock bounty reward they protest about it.personally i am prefer do this way till dev team provide high liquidity on exchanges so price could stable although bounty hunter dump their token.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
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 also encountered a bounty campaign which the management team locked up the bounty rewards given to the bounty participants when their token is listed on crypto exchange/s to avoid massive dump and there are too many bounty hunters who complain about it. For me, it is better for the management team not to locked up the bounty rewards but to limit the quantity of selling of bounty rewards each day.
full member
Activity: 388
Merit: 100
All-in-One Crypto Payment Solution
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.
member
Activity: 406
Merit: 11
joined odem bounty and the team really work well to avoid the dumper
they release the coin on big exchange with mininum trade $10k
the bounty hunter can't even touch the market so they sell coin /token to alternatif market like etherdelta , forkdelta
sr. member
Activity: 1092
Merit: 255
Always not fair with many ICO team fault with bounty participants, you have think without bounty participants how come make your project know by all investors around the world, always have positive think with bounty participants.

just locking friends, bounty will also be able to feel the results of his hard work but prices in the market must be stable first so that prices do not fall and cause investors to panic then they sell all the coins.
copper member
Activity: 336
Merit: 3
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.

Most of the massive dumps are executed by the team members and advisors, but the bounty hunters are blamed for the dumps. Its nice to know that the bounty hunters have been vindicated in this scenario. I'm in full support of your view as regards the locking up of rewards. Let the team lock up their own rewards which is always much more than the bounty hunters and establish a scheme to cushion the effect of the dumps.
sr. member
Activity: 1050
Merit: 250
Locking bounty rewards cannot eliminate the dumping of a coin because Bounty hunters are not responsible for the dump of a coin on the market. Bounty hunters holds just a small percentage of the total supply of a coin - normally  a percentage allocation of 1% to 5% for bounty program. How can such a small percentage cause a dump of a coin? The major dump comes from the team and investors who hold the large portions of the total supply.

Agree, many reason why the price of token down. Its not about bounty hunters, sometimes early investor dump their token because they had big bonus when join in private sale. Its about the project and if the project worth to hold for long term, i am believe hunters wont dump it at cheap price
unfortunately most of people blame bounty hunters.but that's not totally wrong in my opinion,sometimes private sale contributors did it.if developers team didnt lock the bonus they sold it first at market.
member
Activity: 532
Merit: 10
Always not fair with many ICO team fault with bounty participants, you have think without bounty participants how come make your project know by all investors around the world, always have positive think with bounty participants.
sr. member
Activity: 1386
Merit: 406
I have always said this, it is not the hunters fault for dumping but even some hunters blame themselves for dump which is bad.

Your probably correct at what you said that is not the bounty hunters are being blaming for the prices dump, when you look at the distribution only 1 to 5 percent for the bounty allocation and the big allocation goes to the team and investors.
member
Activity: 406
Merit: 11
true. locking isn't the good way to avoid dumping from the bounty hunter
the fact is bounty hunter just holding like 1% or 2% from total supply
so the real dumper is the hit run investor
member
Activity: 602
Merit: 12
actually locked coin / token from reward bounty is good
and the team should work on the price and keep it stable until the token unlocked
the problem when the market volume or buy order can't handle the sell order from bounty hunter
member
Activity: 700
Merit: 10
Locking bounty rewards cannot eliminate the dumping of a coin because Bounty hunters are not responsible for the dump of a coin on the market. Bounty hunters holds just a small percentage of the total supply of a coin - normally  a percentage allocation of 1% to 5% for bounty program. How can such a small percentage cause a dump of a coin? The major dump comes from the team and investors who hold the large portions of the total supply.

Agree, many reason why the price of token down. Its not about bounty hunters, sometimes early investor dump their token because they had big bonus when join in private sale. Its about the project and if the project worth to hold for long term, i am believe hunters wont dump it at cheap price
member
Activity: 714
Merit: 14
Locking bounty rewards cannot eliminate the dumping of a coin because Bounty hunters are not responsible for the dump of a coin on the market. Bounty hunters holds just a small percentage of the total supply of a coin - normally  a percentage allocation of 1% to 5% for bounty program. How can such a small percentage cause a dump of a coin? The major dump comes from the team and investors who hold the large portions of the total supply.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
The bonus that is too large in my opinion is also a factor that has made the market today also decline and for me there must be a change to be able to get that profit, because we know that many get losses
full member
Activity: 924
Merit: 221
This is there way of preserving the token liquidity and it is seems effective because the market price of a token after it will be listed will not be undervalued in terms of its liquidity. There are good things on this so even if I myself would do this to protect the project and smoothly implement it first to create more demand prior to unlock bounty rewards and that only includes investors also.

This is for.the good of the investors and for the bounty hunter so.instead of complaining about it why just be patient and do another bounty hunting at other projects and consider the rewards token as an asset.
hero member
Activity: 1344
Merit: 502
Lots of ICO investors are just looking for a quick flip and will dump impatiently if there's no increase in value after an asset lists on a secondary market, and there's also larger investment groups who purchased during the private sale and pre-sale rounds who don't always have their holdings locked for a period of time who can contribute to lower prices, but sometimes this can be a great buying opportunity just ensure the project has a strong use case and long term viability
jr. member
Activity: 322
Merit: 2
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 this will be quite a laudable idea. It will help to protect the real investors from losses their investments as the price of the token will be within the ICO price.
full member
Activity: 588
Merit: 104
I think locking bounty rewards is a bad idea as restrictions can have the opposite effect of what they want to achieve.
Motivating hunters as such exchanges doing during the listing period  is a better idea.
 (locking tokens for a certain period and being rewarded for it -candies)
member
Activity: 308
Merit: 10
I think to lock the bounty rewards to avoid dumping of its price is not necessary at all. Because bounty allocations is only a small amount of percentage, unlike for those who invest, they can possibly dump the price if they sell right away after listing.
If the project has many investors interested, the project's token price will increase but some projects are not good and the team is not strong, they often blame the bounty hunters that really is not true because bounty hunters only receive a small percentage of tokens
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