Locking Bounty Rewards To Avoid Dumping - page 13.

Olatunjex

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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.

These days team tend to have this belief that token price are dumped by bounty hunters which is wrong, what i observe personally as a person is bear market there are no enough demand in the market which is putting pressure on the price of the token. Also the team are not doing enough to promote the value of the token.

guffie

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Actually, there is no need to blame the bounty of the hunter. Because they match what they do and they get tokens. Then when the coins have entered the Exchange, it is very natural if they are ready to sell coins. If coins have a solid development team and prices have the potential to grow. They will definitely hold coins.

StarofBTC

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Quote from: daniel08 on March 27, 2019, 08:02:38 PM

i also have this bounty campaign that i participated that locks all the rewards for us bounty hunters and they said they will completely distribute it in the second quarter this year , and the reward is just a small amount and it is being locked up. Bounty hunters is not the reason why most altcoins are being dump it is because the project itself has jo future that is why the coin is being dumped.

Well, it’s not a bad idea to try it out and see if hunters dumping bounty really has any effect on it or not, but I believe it must have been glaring to them too that the effect of dumping done by bounty hunters doesn’t have much effect on the coin.

Most projects to are not just sure of what makes people dump coin easily even if they are good, I have some campaigns I have gotten their tokens for the past one year now and yet to enter exchange, I really don’t blame them for not entering exchanges yet till they fully develop their project and have a fully built working product. Majority of investors too contributes to why a project is not appreciating yet because we don’t stay with them for a while to fully grow their projects before we start dumping their coins.

levvv

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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.

Locking token is one of the method to prevent dump, but not 100% effective.
The investors of the ICO can sell with the dump too. I think few ways must be combined to prevent dump in the market.
Locking tokens, vesting period, personal cap in sale, buyback, etc.

karagun125

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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.

jonas5222000

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For my own opinion ,i think they're need to fix their reward for bounty hunter for example 250,000 pure USD or ETH but depend on bounty manager ,if this happen their token price was still remain and there's no chance to dump their token price.

LogitechMouse

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Either they will lock it or not, you cannot remove the fact that bounty hunters and investors will dump the token when it will be unlocked.

Lets set an example. I'm an investor of ICO X. I invested in their token and I got the maximum bonus that an investor can get. The question is will I sell the tokens if I know that I will profit if I sell it??? Definitely yes that is why investors invest in an ICO to get profit right?? That is the truth. Those investors who will not sell their coins when it is listed on an exchange is a certified stupid unless the investors has trust on the project.

rencong bitcoin

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right and I agree with your idea, even though the token in the key for bounty hunters does not mean the team is still safe from it all, of course they must focus more on other issues such as increased price movements and increase in volume, if the method doesn't work then the team must issue funds to repurchase the token.

Ranly123

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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.

This is what I have observed in the campaigns I have joined. It is not the bounty hunters who usually do but also those investors who gain tokens with discounts. I don't think bounty hunters have big impact on those dumping happening after exchange listing.

rezakurnia66

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problems like this do not seem to have been resolved, many of them still blame the bounty, even though they only follow a project if there is a position, otherwise they are also okay, but why are the bounties blamed for everything even though it should be a great homework for the team who manages a project so that their coins have a selling price and make a profit.

Lagduf

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Quote from: innocentone on March 27, 2019, 09:17:20 PM

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

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

This is the greatest decision a team could do. And I don't know why they are blaming bounty hunters whenever there's a dump. Yes, most of it are bounty hunters, but at the first place, it's their token now. And if they don't want dump, they should not have done bounty.

It will not work very well consider about the team will never care about that, they need coin with high liquidity and they never wasting their ethereum that already raised from the crowdsale to create a buyback. Some platforms have been doing it but it does not work.

Dpat

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This is not fair for the bounty hunters reward to freeze for a certain period of time. Because the investors and the hunters both have given their effort in terms of money and time for the company. Another thing is that the bounty and the marketing over all allocation is only 2% of the full corpus. So, this will not affect the price in the market in the long run. So, company should be liberal towards the bounty hunters.

smyslov

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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 complain 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 don't think bounty hunters will dump all their stakes, every holder of that coin scan dump their shares if they wish anytime, there's no difference between bounty hunters and investors both of them wants to sell their coins in profit if there is dump the one to blame is the team for not providing updates to the project thereby losing confidence.

bakermaker123

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In my own opinion, locking bounty rewards is really necessary to avoid dumping and I do not object every team that do that. As a bounty hunter, I support every project that I join in and I hope the best for the project so that I will get a nice reward too. And if locking the bounty tokens is the way, then I don't mind them locking that at all.

mcnocon2

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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 have this token as well, are you talking about EXP tokens on eosex exchange? I've encountered it as well and didn't imagine that the token would dump that hard with the bounty hunters token locked. And I've asked the team if their tokens are locked and ask for proofs but they didn't want to show some proofs.

innocentone

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

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

This is the greatest decision a team could do. And I don't know why they are blaming bounty hunters whenever there's a dump. Yes, most of it are bounty hunters, but at the first place, it's their token now. And if they don't want dump, they should not have done bounty.

Commitments

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Before you say have locking bounty reward to avoid dumping you have check more details how many percent allocation for bounty campaign reward, only 2% and how come could make price is dump, you have asking about team and owner why price is dump.

Tipstar

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Bounty participants were always blamed for dumping a coin while they hold an insignificant amount that would not be able to create a huge price move.
It's mostly the discounted investors, the team's share or like you said, anything given to advisers that are responsible for the dump. If to be locked, the trading should be locked until the projects starts delivering profit.

overnight03

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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.

If the project lacks investor interest, the price of the token will be very easy to dump, such projects often blame the bounty hunters, but they may be the ones who are selling token to the market to dump

kolitski

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As many people said that the bounty hunters are responsible of the price dumping but i think this is not true because they have only small percent of allocation of the token goes to the bounty hunters.

Topic: Locking Bounty Rewards To Avoid Dumping - page 13. (Read 1979 times)