In my own idea, even the bounty project is divided into phases still it can't control the situation for dumping it's coin. Because bounty allocation is just a small amount of total tokens compared to the total supply. I think investors is one of the factor that the token could easily fall down it's price and not the bounty hunters.
true, usually the bounty allocation is only a little, rather than the coins owned by investors, but for some reason the project team pays in several stages, after the first phase is distributed usually the price has experienced a deep decline, and it is very detrimental to the bounty hunters, very little which is obtained and it is not in accordance with the time spent 
Topic: Three phases bounty distribution - page 6. (Read 872 times)
I think that any attempts to reduce the chances of dumps are good both for the projects themselves and for the bounty hunters. I never understood these people who sell their tokens for $ 10. they work for several months for 10 dollars
Dude, that depends on how much daily trade volume. Even when the developers have been deciding to divide the distribution phase into the some phases and it doesn't mean the price will be stable. What will be determining the price of the token should be the demand for the token in the market
In my own idea, even the bounty project is divided into phases still it can't control the situation for dumping it's coin. Because bounty allocation is just a small amount of total tokens compared to the total supply. I think investors is one of the factor that the token could easily fall down it's price and not the bounty hunters.
No matter how bounty managers or the team distribute the bounty it doesn't matter. It is not just the bounty hunters who dump the price, only a piece of a chunk of the total supply is distributed to the bounty participants, most are in the investors or the team. So, the larget contributor for the dump is usually the investors.
There are ways to control dumps than distributing bounty tokens in three phases, bounty managers or team should lower bounty allocation to a certain price target and still use limited participants strategy, or they can just use fixed rate tokens to pay
If the bounty cap will be reduced, it will be better the team state that at the start of the bounty and which will be well accepted. When the bounty pool of cartesi was stated, any troubled, but in the end, they accepted it. The same is happening to DIA. They are being sincere about it, which is better than changing things after the bounty.
Yes, we experienced the same type of distribution as CARTESI. Still, the third phase is yet to be distributed. I think it will be done around 22 July. This is actually good practice to avoid dump. But I always think that with 1 -2 % of total supply allocation for bounty, even if all that tokens are sold, how it affects the entire price. I mean the price could go down for a certain period but still, most part is hold by investors, private investors and by the team. So, from my point of view, bounty hunters are not solely responsible for price dump
It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
I think that will be unfair to people who worked for months to promote a project, the reward should be released in full as soon as possible for the satisfaction of the bounty hunter but team can use other tactics to control price for example provide liquidity so that price does not go down below from a certain limit or range. Secondly if necessary reward tokens can be locked till a later date but should be unlocked in max 3 to 6 months. Distribution by several parts can reduce the risk of falling prices, but these solutions are not a guarantee of this. the most important thing is to develop the project correctly and then bounty hunters will not be able to affect the price, and the most important thing is that no one will want to sell their rewards
At the current state of the market, this won't work, well maybe it would not dump hard but it would also not sell above IEO. The team also has to be honest, if they value the project, they should value the bounty hunters as reputation is going to be their key to be successful, aside from the proper development of the project of course. What I'm saying is that they need to be transparent to the bounty hunters, they need to announce the plan (staggered bounty distribution) before the bounty started so 100% bounty hunters would trust the project.
It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right?
These are rules that have been determined by the dev team and the bounty manager, as bounty hunters we must understand that before joining. If you do not agree with these rules, then do not join.Dividing the distribution into phases is one of the preventative measures of dumps because of the common selling by most bounty hunters. For projects with good strength, large volumes, this is actually not a big problem, but for a weak project, this can be an extraordinary threat.
Of course, such a thing must be said at the beginning of the bounty period because several times I got a bounty campaign that changed the rules and said that the distribution would be divided into several phases, when the bounty ended and approached the distribution agenda.
Distribution by several parts can reduce the risk of falling prices, but these solutions are not a guarantee of this. the most important thing is to develop the project correctly and then bounty hunters will not be able to affect the price, and the most important thing is that no one will want to sell their rewards
What three phases are you talking about? It is really unclear what you are trying to say. Kinda sounds like you are frustrated of the prices being dumped and you want phase based distribution so that it doesn't get dumped? I don't think this will work. As soon as people receive the tokens, they tend to dump it. You might say, they will want to hold it for the rest of the phases. Yeah, they might hold it, but then again, they will dump it as soon as they receive the token from all three phases. In the end it is the same result.
What I would tell you is to STOP joining those bounty programs. They are waste.
What I would tell you is to STOP joining those bounty programs. They are waste.
I really do not see this strategy as impactful, like you sighted about the distribution of cartesi, even without distribution to bounty hunters, a token that will dump will still dump, because after the listing ,cartesi dumped yet no bounty hunter had it, because if I understood you,you are saying hunters dump the price of a coin,also remember, the bounty pool for reward is just an insignificant amount that would have no value on the total supply so with good marketing and team, a project will keep doing well irrespective of bounty hunters and distribution strategies.
I think that any attempts to reduce the chances of dumps are good both for the projects themselves and for the bounty hunters. I never understood these people who sell their tokens for $ 10. they work for several months for 10 dollars
Bounty distribution which is done in stages in my opinion is good enough to keep the price of the Coin from going down drastically and will provide benefits or confidence for investors because there is no large-scale coin disposal.
It could work, but not in all cases. If a project is still the moral shot project that has nothing good to offer than to siphon funds from investors. Even if it succeeds in raising some fund, it will still dump after listing.
Also, if all projects teams decide to adopt this method, their inexperience in other key areas will still make their tokens to dump, because scheduling bounty distribution in phases is not a guarantee that the token will not dump.
Bounty distribution which is done in stages in my opinion is good enough to keep the price of the Coin from going down drastically and will provide benefits or confidence for investors because there is no large-scale coin disposal.
There are ways to control dumps than distributing bounty tokens in three phases, bounty managers or team should lower bounty allocation to a certain price target and still use limited participants strategy, or they can just use fixed rate tokens to pay
It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
So many project using this step to prevent dump prices on the market, but i think not truly effective. Even if the team makes more than 3 distribution phase, if the coins has no demand, it will dumped too. To avoid dump, i think team must working hard for that, not only think about bounty distribution phase. Remember bounty hunter only receive 1-3% from total alocation
If it is the best to secure that their project would survive then we should just accept it.
We should also care about the projects that we are promoting not just dispose them after we receive it after all we choose to promote them because we want to be part of their project or have their token.
I know that most of us promote them for the profit but we should also care about their projects safety.
We should also care about the projects that we are promoting not just dispose them after we receive it after all we choose to promote them because we want to be part of their project or have their token.
I know that most of us promote them for the profit but we should also care about their projects safety.
Unless you have a good proof to show bounty hunters are solely responsible for dumps, I don't buy it, three stage distribution. If they want to limit their coin on the market, make their bounty into a smaller campaign but don't withhold the reward.
When demand for a particular token or coin is pretty low then any little dump will bring the price down easily, buy orders on exchanges is the first thing to watch out for when debating on this OP point, if the token or coin has no strong demand even an 0.01% from the max supply will affect the price big time.
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