Topic: Locking Bounty Rewards To Avoid Dumping - page 5. (Read 1979 times)
Locking of bounty token can never prevent dumping and if for any reason the 5oken must be locked why that of bounty hunters alone, what of the investors token or am been made to understand that investors doesn't dump their tokens.
I don't think the biggest reason of dump is bounty. Teams are selling private investors tokens too cheap compared to public sale and they are mostly paying all freelancers with their tokens. Bounty tokens have an effect but compared the things i mentioned above, it is just a bit.
I agree with you... Also, I think that many bounty hunters which believe in project for which they are doing bounties, will always have an eye on that project to buy even more coins or tokens at good prices.
I don't think the biggest reason of dump is bounty. Teams are selling private investors tokens too cheap compared to public sale and they are mostly paying all freelancers with their tokens. Bounty tokens have an effect but compared the things i mentioned above, it is just a bit.
This may be a good idea, but most developers always issue tokens to hunters after 30 days when the ICO ends. Therefore, investors always receive tokens before bounty hunters and they have the right to sell them or retain them if investors want to not worry about bounty hunters' influence.
This is a campaign decision and they better know which strategy to follow. If a coin falls into the very bottom, then nobody will ever know about it. Sometimes blocking is the right decision.
Then why do they let big or private sale investors sell their token cheap? Same rules are needed to be a case for private sale investors who bought bulky tokens for the cheap price.
This is a campaign decision and they better know which strategy to follow. If a coin falls into the very bottom, then nobody will ever know about it. Sometimes blocking is the right decision.
How about every crypto or altcoin is definitely a dump. If the project locks the token for bounty for the sake of no dump. Maybe that in their opinion is one way to avoid a dump. Maybe they want the altcoin to be stable first and after the new stable they share gifts for bounty participants. Because we can't do anything except follow what they say.
It is simply not possible to avoid price reduction, because a lot depends on the global cryptocurrency market. If you look, you will immediately see that there are a really large number of projects that immediately after being placed on the stock exchange fall in price.
even with the buyback method and that will not help a lot. market depends on the bitcoin and that's the main point. Bitcoin is the only thing that can decide where the crypto will go. but another factor like they can't attract the new demands make them all getting decrease instantly.
It is simply not possible to avoid price reduction, because a lot depends on the global cryptocurrency market. If you look, you will immediately see that there are a really large number of projects that immediately after being placed on the stock exchange fall in price.
even with the buyback method and that will not help a lot. market depends on the bitcoin and that's the main point. Bitcoin is the only thing that can decide where the crypto will go. but another factor like they can't attract the new demands make them all getting decrease instantly.
It is simply not possible to avoid price reduction, because a lot depends on the global cryptocurrency market. If you look, you will immediately see that there are a really large number of projects that immediately after being placed on the stock exchange fall in price.
In order to avoid blame the bounty hunters for which the token prices will be exchanged for exchangers, the operators of the project will have to separate the bounty hunters from their bailouts. They can repay them of btc or eth that is worth the amount of work on the project. That's one way to protect investors and re-make a successful.
I have always said this, it is not the hunters fault for dumping but even some hunters blame themselves for dump which is bad.
Those ones that blame other hunters are for dumb are just naive or just being selfish cos they are the ones that sell of once there's any reward given to them. I just laugh when they talk about it.
It such an ignorant way to lock the bounty even if the purpose is to avoid dumping. Though, there are so many ways to avoid dump so why they need to lock?
Yes, the lock does not help. The reason is that if tokens are worth nothing. Then he will not be worth nothing. So many times I saw how these projects fool us. Going out on bad exchanges. Or just throwing a coin without support.
It such an ignorant way to lock the bounty even if the purpose is to avoid dumping. Though, there are so many ways to avoid dump so why they need to lock?
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Locking Bounty Rewards To Avoid Dumping
I think this is a stupid slogan when bounty hunters do their jobs to help the project grow faster and attract more investors, so they have the right to sell the Token they receive from the bounty. Many dumpers because they need money to pay their daily expenses and have the right to sell if they don't want to hold it.
Yes, everything you say is right. BUT bad people, none of life was not removed. There are no ICO regulators and they use it. They don't care about you.
I think giving a good benefits on bounty hunters can prevent the dumped of tokens after listing,pay bounty in cash or btc or maybe eth at first so they cant be dump the tokens that is one of the best thing to do right now to protect investors and to make sure investors will make profits.
This is one of the best ways of how to protect the token price value. But much more effective way would be if hunters would be paid with ETH or BTC instead of their own tokens. This is a win win solution where everybody is happy.
In my opinion, locking bounty reward will not stop the coin from dumping. Its a free market and every person has the right to buy or sell a coin. The bounty hunters may be guilty of contributing to the dumping of the price of coins, but they are not the only reason. I think rather than the team locking bounty reward, they should set aside some funds for buying back their coin from weak hands, thereby preventing massive dumping.
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 
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 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 you are quite correct in your statement,bounty hunters are not the only sector who dump crypto tokens,from what we observed investors,team members and advisors can also kill token prices in the market. I agree with you that other methods of token development should be adopted.
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