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Topic: Locking Bounty Rewards To Avoid Dumping - page 7. (Read 1979 times)

TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
I wonder why the blame of dumping is always on the bounty hunters where they just did their jobs. Not all bounty hunters are dumping once a certain coin is listed. Most bounty hunters are actually holding their coins until they get a better value to sell. Locking their rewards would never be a good idea.
right, and after all this is the payment for what you work so why its needed to lock? If they dont really want to dump thier token then they should buy the token from bounty hunter before listing it in exchange. in that case dumping will not be blame again to bounty hunters. Usually the reason why its dumpinh is not from the bounty hunter but the project it self not giving right update for  development is the reason why investors affraid and lose the trust to the project and decided to sell thier token even if its lost.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
I wonder why the blame of dumping is always on the bounty hunters where they just did their jobs. Not all bounty hunters are dumping once a certain coin is listed. Most bounty hunters are actually holding their coins until they get a better value to sell. Locking their rewards would never be a good idea.
full member
Activity: 784
Merit: 112
Locking bounty rewards to avoid dumping it is not good for me because it is not the bounty hunters are responsible of dumping the price as you can see the allocation of the bounty is almost 3 to 5 percent i guess, the responsible of dumping the price is the investors because they got huge of bunoses from the ICO.
member
Activity: 196
Merit: 10
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
I think bounty hunters now HOLD because they didnt get the amount they expect and they are waiting for better prices while investors sell to stop their loss.
legendary
Activity: 3108
Merit: 1029
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.

To link topics, IEOs also require locking of tokens post listing to mitigate the risk of dumping.  Another benefit of the IEO, they are protecting investors and the company.
That sounds bullshit for me and why? have you seen veriblock IEO that has been hitting bottom price that makes a lot of investors are getting looses? I hope you can see that and you can change your mind about IEO. not all IEOs are good for me personally.
sr. member
Activity: 728
Merit: 250
Yes, now many gift tokens are locked and this is indeed happening because of keeping the token price experiencing a dump. However, he also received many protests from the bounty hunters because they were not in accordance with the rules that had been made. My token is still unsold and is still locked, but I don't see that the coin is growing.
full member
Activity: 312
Merit: 100
very difficult indeed to reverse the situation after listing the coin to the market exchange. the absence of repurchases and sales at the same time makes the tokens sink.
all depends on the strategy of the developer. if they want to run their project first and can get investors who want to buy their tokens on the market, I think the decline can be overcome. but most early investors and bounty hunters are impatient in waiting to be registered in exchange so they can immediately sell the assets they have.
copper member
Activity: 84
Merit: 0
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.

To link topics, IEOs also require locking of tokens post listing to mitigate the risk of dumping.  Another benefit of the IEO, they are protecting investors and the company.
member
Activity: 714
Merit: 11
BountyMarketCap
very difficult indeed to reverse the situation after listing the coin to the market exchange. the absence of repurchases and sales at the same time makes the tokens sink.
jr. member
Activity: 210
Merit: 1
StableDex | Decentralized, Secure & Cost Effective
Locking of token can never prevent the price not to fall, for every token that was distributed 90% of those that received have that mindset to sell off so even if it was locked for 2years, the same thing will still happen
hero member
Activity: 1568
Merit: 544
To begin with, locking bounty rewards does not stop a token from dumping

Correct. I also think a person with that mindset would dump either way, Locked or not.
Thinks like fines or rewards wont even help where people want to dump on a little spike and going the short way out.
full member
Activity: 549
Merit: 100
BBOD - The Best Crypto Derivatives Exchange
Locking the tokens for bounty hunters will not stop price dump when it hits exchange unless there is a big development on the project which could pull the value of the coin to grow away from its ICO price. always remember that a coin will go up or down in an open market but the true value of the coin will depend on how the project progress.
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
I agree with you about the buy back option,  because later or sooner they will still unlock it and bounties hunters will still do the needful by dumping it on the market,  the team should focus on development of the project to win the investors and bounties participants heart by not dumping
full member
Activity: 420
Merit: 101
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.

As long as its stated clearly to the sight of every hunter before bounty campaign begins. Hunters will accept it if fair enough but I am sure that their are many other Tokenomics that effect price dump which is amount of token available fir sale, team and advisors. Private and presale bonus matters alot too
sr. member
Activity: 882
Merit: 301
if the level of concern has started to be extreme, it's better to pay a bounty hunter with only USD, and let the tokens have good value and avoid dumping after listing. so that investors and teams get profits.
Why only USD? Why not BTC, ETH, or any other established altcoins?
If every bounty would pay USD, then all hunters in all campaigns might have to undergo KYC.
jr. member
Activity: 364
Merit: 1
Locking Bounty prizes to keep prices good I think that's good. But the situation must be well thought out and can have a positive impact on price increases. It was a difficult task for the Team to continue to develop coins. And for the Team don't lock the Bounty prize too long.
member
Activity: 66
Merit: 14
ICO Bounty Hunting Guides and Tips
Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.
I completely agree. Bounty hunters are often getting paid after investors, which is unfair. The irony is that, the work of bounty hunters brought the investors to the project in the first place.

Xmm
full member
Activity: 440
Merit: 100
Blocking team tokens is what really matters! bounty hunters own about 1-2% of the time and it’s very sad to realize that they can influence the project somehow!
full member
Activity: 1190
Merit: 111
Can we suggest also that the private investors wil have their tokens locked?
They are the one who has the biggest discount in this ICO.
Bounty participants will not like to get small amounts and being blamed for most of the time why dont we look on other sides?
OR! ICO TEAM Shoul pay the participants in BTC and ETHEREUM?
sr. member
Activity: 1330
Merit: 289
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.
They can pay the bonuses many times to avoid the dumping of bounty hunter. And that's just the smallest way. Whether a coin survives pumd or not depends on whether the DEV team is good.
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