Locking Bounty Rewards To Avoid Dumping - page 14.

daniel08

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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 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.

StephenJH

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Quote from: MikeyVeez on March 27, 2019, 06:19:33 PM

And then why should bounty hunters do their work to promote ICO? Bounty hunters are also supporters like ICO investors, without bounty hunters there will be no investors and without investors there will be no bounty hunters. So please, realize it and give bounty hunters same rights.

Investors don't need bounty hunters but bounty hunters need investors to get the payment from projects. They don't have the same rights in eyes of team members in my opinion.

johanesrobin

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Quote from: MikeyVeez on March 27, 2019, 06:19:33 PM

And then why should bounty hunters do their work to promote ICO? Bounty hunters are also supporters like ICO investors, without bounty hunters there will be no investors and without investors there will be no bounty hunters. So please, realize it and give bounty hunters same rights.

I agree with your opinion, bounty hunters like criminals and always be a suspect the price of tokens is destroyed.
Bounty hunters only have a small amount of the entire token.
then they were slandered by dropping prices, this is not fair.
provide timely payments for bounty hunters.

lutfi-hasan

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Quote from: crenfrosck on March 27, 2019, 06:17:31 PM

Blaming bounty hunters for a drastic price downfall is absurd. There is just a small per cent allocated to them in comparison with "traditional" investors who purchased tokens with their money. Many are already postponing bounty hunters´ tokens and the price is down even without their intervention. And if such a small part of people can destroy price of a coin, it means there is not that strong demand for it, is it Wink

?

Yes, it really makes no sense if Bounty hunters are blamed continuously, because I as a Bounty hunter sometimes always hold Bounty Tokens if the market price is very low, I hold for a high price.

PuertoLibre

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Quote from: crenfrosck on March 27, 2019, 06:17:31 PM

Blaming bounty hunters for a drastic price downfall is absurd. There is just a small per cent allocated to them in comparison with "traditional" investors who purchased tokens with their money. Many are already postponing bounty hunters´ tokens and the price is down even without their intervention. And if such a small part of people can destroy price of a coin, it means there is not that strong demand for it, is it Wink

?

Of course, teams doesn't ignore the demand part of the whole story. Bounty hunters want quick cash,that's why they sell immdeiately after hearing the news about getting listed on the exchanges.

MikeyVeez

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And then why should bounty hunters do their work to promote ICO? Bounty hunters are also supporters like ICO investors, without bounty hunters there will be no investors and without investors there will be no bounty hunters. So please, realize it and give bounty hunters same rights.

crenfrosck

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Blaming bounty hunters for a drastic price downfall is absurd. There is just a small per cent allocated to them in comparison with "traditional" investors who purchased tokens with their money. Many are already postponing bounty hunters´ tokens and the price is down even without their intervention. And if such a small part of people can destroy price of a coin, it means there is not that strong demand for it, is it Wink

?

Kelvinid

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win lambo...

This is already have been practice by some project but still its market value goes down. Not only bounty hunters are dumping their coins but also some investors, they usually hold huge numbers of tokens and once they sell it in low price it surely give a huge effect into the market. Though they have a huge numbers of bounty hunters but their rewards is just small compared to the investors, thus it won't greatly affect even they dump their rewards.

anggle

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"AMANPURI●ultimate exchange"

Yes, many projects gift lock their tokens. And in my opinion, this is very good because of the low market conditions. Many people will sell tokens after they get tokens. But with them locking tokens, teams must work hard to make prices stable or pump higher.

powerman24

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Instead of locking I would propose some motivations for holding, like holding bonus. Restrictions will not stop dumping. Not only the hunters are dumping and locking will not solve anything.

aundroid

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As long as the tokens do get distributed in the first place, I don't see any problem in locking them for a certain period of time.

bittick

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Cryptocasino.com

Quote from: mangsitin on March 27, 2019, 05:49:44 PM

I strongly disagree with the locking token for the bounty hunter, because that will reduce the passion of the hunter, don't blame Bounty for throwing tokens, but if a project blames the bounty hunter, I think the project itself manipulates the situation.

That will not help a lot, but the team must use the funds effectively. But most of these ico creators are putting exchange site as useless thing while their tokens need more and more liquidity to protect its demand

UniversityCoin

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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.

It is not correct that bounty hunters are accused of dumping prices. Tokens sell not only bounty hunters, but also investors, and the developers themselves, and who is to blame for the fall in prices is difficult to name.

mangsitin

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I strongly disagree with the locking token for the bounty hunter, because that will reduce the passion of the hunter, don't blame Bounty for throwing tokens, but if a project blames the bounty hunter, I think the project itself manipulates the situation.

sadmaster

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Bitwings !

They didn't get the tokens for free they worked hard for it and by looking into this it's too much. Bounty tokens are just a small percentage in the total token distribution. If you would just look at it big investors are the real dumpers here since they have a lot of tokens got from bonuses.

shoreno

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Quote from: Aligab166 on March 27, 2019, 11:31:45 AM

I don't support the idea of locking bounty tokens. The hunters should be allowed to spend their hard laboured tokens whenever they wish. You must not restrict them.

Same here and for sure all bounty hunters wont support this idea . we all know that working on a bounty is hard and the pay isnt also guarantee plus this idea of locking the tokens can add another problem to them but even if they dont lock the token , the price of the token will still be small after it gets listed to any exchange . people wont have the guts to sell them anyway .

bestpikka

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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.

that's where the debate takes place and accusations. This is not to find a solution but only to find fault with others to cover up their own mistakes. people should know and it is clear what percentage of the allocation is given to bounty hunters and only 1-4% is allocated and it is very small to make Dumping. so let's look for a smart solution, don't just blame the bounty hunter. for investors and teams that have more coins allocated please be wise in trading your coins.

drumamat

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Quote from: livingfree on March 22, 2019, 05:05:36 AM

This will be a long debate and whatever will be the developers find a way, there's always people that will complain and will say it's unfair on their sides. On the bounty hunters side, most will say that the investors should only dump small portion of their investments. And for the investors side, most of them blame the bounty hunters which is really irrelevant if the distribution to them has been around 1% - 5% or few higher than expected.

Constantly someone will blame each other for lost time and money.I think that the market, whales and exchanges that manipulate prices are to blame.When there were high prices and many tokens gave x for some reason no one complained.

patz22

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This post is what I am talking about probably in a short term (actually it is normal) that whenever bounty tokens are released there would be a dump but since it is given the team should find ways to ensure that price will still go back to normal like buyback. Locking those tokens won't be a valid excuse for those shitcoins, just like a trader told me before "if it dumps it is normal because of bear market but if it pumps it is because of their development" lame excuses LOL.

Danslip

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So many projects refuse to pay in time the bounty rewards and this makes me nervous. Bounty hunters also made a decent job for promoting the project and its advantages over the alternative platforms but they wait for the right time to distribute the bounty rewards.

Topic: Locking Bounty Rewards To Avoid Dumping - page 14. (Read 1979 times)