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Topic: Three phases bounty distribution - page 7. (Read 834 times)

jr. member
Activity: 78
Merit: 1
July 16, 2020, 11:15:21 AM
#34
Don't be deceived, stop believing hunters are the one dumping price on exchange, investors are holding larger percentage than hunters, team are holding aswell, only investors and team have what it takes to control the market because they are with larger amount of token.
full member
Activity: 1008
Merit: 101
July 16, 2020, 11:05:05 AM
#33
for me personally it does not matter, as long as they keep their promises every phase. I've also participated in bounties like that even they pay hunters every month which is only 5%.but the problem now, even though they distribute every month but the price remains dump
member
Activity: 1078
Merit: 21
COMBONetworkio
July 16, 2020, 10:45:27 AM
#32
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
3-phase distribution is not a problem, the problem is if the 3-phase distribution is done and the prize bounty is a little then it's not feasible, just imagine, if you only get $ 50 and divided by 3 phases, what do you think?
full member
Activity: 812
Merit: 100
July 16, 2020, 10:31:56 AM
#31
three phases bounty distribution in my opinion is still reasonable because the distribution distance is quite good and also percentage of distribution is fair enough, and also far better compared to bounties that already have an exchange but the distribution is done 1-2% every week even though the rewards that can be obtained will not cause a dump .
member
Activity: 196
Merit: 12
July 16, 2020, 10:26:10 AM
#30
Three stage of distribution for just a single bounty? Who's the decider for which one going in the first, the second, and the third? Will bounty hunters accept that? There are questions you need to clarify before we going to discuss if it really helps to reduce the dump.
Yes for a single bounty campaign, it works, it's a good way to avoid dumps, mostly done by binance bounty campaigns, the duration is in three phases, the first 30 days of listing, follow by 60 days from listing day and then 90 days from listing.. you can check Cartesi bounty thread for example

https://bitcointalksearch.org/topic/bountyno-kyc-cartesi-finished-5212075
hero member
Activity: 2562
Merit: 577
July 16, 2020, 09:45:48 AM
#29
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 have seen many project owners already implementing this. It's a good way to control the dump caused by bounty distribution but, I think it's not up to bounty managers to decide how they wanna distribute the token because it's usually project owners who send out the payments to participants.

i do agree this methods are recently introduced by project owners in other to control dump in price, but what happen when there is already a dump in price and no bounty reward has been distributed? who is to blame or what method should be applied to fix that!

i do respect the opinion of the project and bm who support this method, but to me i don't see it as best solution to prevent price from falling, if they are truly interested in protecting the price of their tokens, team should start by given less tokens for hunters and have fix participants in their campaign, this way only limited amount of tokens will be in the hands of hunters to sell which won't have any impact on price. Tachyon was a good example.
member
Activity: 1764
Merit: 10
July 16, 2020, 09:38:22 AM
#28
If any token will be listed on scam exchange and the price of any token will drop sharply, then the reason for the token price drop is the scam exchange, because there are no traders on the scam exchanges and only bots trade and these bots making fake volume, and if token will be listed on the top exchanges, then there are always investors who will buy tokens at low prices.
full member
Activity: 854
Merit: 101
July 16, 2020, 09:34:19 AM
#27
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

This practice of dividing reward distribution has been a long strategy of many crypto projects to avoid dumping their coins in the market. I have joined quite a few campaigns that implemented this strategy and have maintained the value of their coins in the market. I guess it is just right for projects to do this.
sr. member
Activity: 1400
Merit: 259
July 16, 2020, 09:28:06 AM
#26
I haven't experienced this kind of technique but maybe it will work.
Given the circumstances that they always put the blame on bounty hunters then might as well implement it.
If the value still keeps on dropping with this new strategy then it could also be a proof that hunters are not the culprit to all the dump.

Maybe after that, they will look further of where the dump is happening.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
July 16, 2020, 09:23:35 AM
#25
What exactly do you mean?

Is it a staggered distribution of bounty rewards? If yes, then I think it's already been applied in some projects, but unfortunately that would not change anything as the value of the token/coin is still lower than its IEO/ICO price,  the timing is not good now if we expect a short term profitable return, that's the reality.

Sad reality in bounty programs. Whether staggered or not, the price performance is still the same. Going down the drain. And the thing is, it is unfair to the bounty participants. They will end up receiving few pennies from their hard work. The decrease in price is not those hunters' fault. Because if you will check the percentage allotted to them, is very small as compared to the team's holdings. So hunters are not in any way will dictate the fate of the project, but the dev team themselves. If they have weak foundation and no strong use case, expect that they will go down very fast.
full member
Activity: 896
Merit: 198
July 16, 2020, 09:11:53 AM
#24
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
It will help to reduce the coins they can sell in bulk one time when they receive the payment. But if you only get small payment why its need to have 3 phase ?

The idea is good ,but that's not enough if the owner really want that the tokens/coins they are selling will not be affected by bounty hunters .then, use other coins to paid bounty participants instead of their own coins in that case only investors are able to sell and trade  their coins .
member
Activity: 882
Merit: 13
July 16, 2020, 08:58:25 AM
#23
This is not something bounty hunters can debate on because it's not in our reach, only project team can decide that, I'm sure that DIA project from bubbalex have 3 phase distribution because of the team, it's what the team wanted
Yes, indeed this is not something that should be debated by all bounty hunters, because there is absolutely no effect, because distributing in three phases also will not guarantee a token to avoid dumping, for proof we can look at projects that have already do it.
There are some bounty managers have already been done it and it did not make any difference, the token price still dumped and never recover from it like tokoin,. Arteezy made it like 6 months of installment but still price went down. Don't take it only to the hunters, there are lots of factors why token's price dumps.
full member
Activity: 515
Merit: 101
July 16, 2020, 08:38:16 AM
#22
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 $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
I think it's a good idea to control the possible dump, the 3 phased bounty payment distribution like what Cartesi project was doing, Cartesi bounty campaign is managed by Bubbalex a good and honest bounty manager and it's very approachable thats why the bounty campaign that Bubbalex managed is a big hit for us who believe in him its a go for me as long as its not a scam project.
Brilliant! This is the best way to solve the problem. Limiting participants doesn't guarantee that the tokens bounty hunters receive will be worthy! Therefore, a solution to avoid price dumping like this will work and bring benefits for either developers and bounty hunters. I hope there will be more bounty managers and developers who learn this and apply it asap!
full member
Activity: 1820
Merit: 107
July 16, 2020, 08:27:55 AM
#21
It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ 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 it's a good idea to control the possible dump, the 3 phased bounty payment distribution like what Cartesi project was doing, Cartesi bounty campaign is managed by Bubbalex a good and honest bounty manager and it's very approachable thats why the bounty campaign that Bubbalex managed is a big hit for us who believe in him its a go for me as long as its not a scam project.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
July 16, 2020, 08:01:50 AM
#20
Maybe it's his own rule, it will help prevent the price of tokens from being dumped if they don't have liquidity. And you do not need to worry, the projects that he manages very well. And prices will certainly increase many times in the future
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
July 16, 2020, 07:57:28 AM
#19
This is not something bounty hunters can debate on because it's not in our reach, only project team can decide that, I'm sure that DIA project from bubbalex have 3 phase distribution because of the team, it's what the team wanted
Yes, indeed this is not something that should be debated by all bounty hunters, because there is absolutely no effect, because distributing in three phases also will not guarantee a token to avoid dumping, for proof we can look at projects that have already do it.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
July 16, 2020, 07:50:34 AM
#18
Most new bounty Campaigns are only giving up 0.01% of their token max supply, only a shit project will get affected when bounty hunters dump 0.01% of a max supply on exchanges but it's their choice
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
July 16, 2020, 07:47:31 AM
#17
I like the idea.
But, it should be whatever suits them.

If they really think that the bounty hunters are the reason for the dump then so be it.
But how much is just 2-5 percent of the total token that will be distributed for hunters? That is nothing. They could easily go back from a big sell if the investors will stay.
I think they should focus more on that.
member
Activity: 210
Merit: 14
July 16, 2020, 07:39:41 AM
#16
Shit project will always be a shit project even if there is three phase distribution they will become worthless very fast, I suggest you choose bounty projects for their utilities not how much you will make from quantities of tokens that may become worthless very fast
full member
Activity: 1148
Merit: 101
July 16, 2020, 07:20:21 AM
#15
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
In the case of a three-phase distribution, that has been done by several projects in the past, we take an example that is still close to the Atronocom project with an AG8 token, they make a distribution in ten phases, but the price remains dumped, and another example in E3T tokens that make distribution in three phases, but the price of the token remains dump, so I think distribution in these three phases is only able to delay the dump in the interim period, not in the long term.
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