Since I signed up for the Forum, there is a subject that the project teams have been constantly complaining about. People who deal with Bounty are seen as a dumper.
I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.
This is absolutely huge difference. It is close to fraud, because people who were not the early investors will lose money always with these odds. But ti doe snot mean that all projects has that difference.
Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?
$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?
Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!
Bounty dumps hard and depending on situation can ruin the price of any token. If you want proof ,analyze does projects who lock their bounty tokens vs those who do not.