Topic: Top exchange listed bounties is getting sucks - page 3. (Read 1288 times)
It happens, just because a project is listed means nothing, sometimes you won't get paid after bounty ends or there will be no trading volume on listed exchange, it's better to follow your instinct after doing good research
These kind of situations happen almost many times and unfortunately bounty participants have to accept it because there is no other options for them anyways distribution in batches is fair only when if it's mentioned from the start of bounty campaign changing distribution schedule after the end of bounty campaign is not reasonable.
First of all, listed token/coin mean nothing to be succeeded. There are a lot of way of scamming into crypto space. This listed projects are a way of dumping coin.
Bounty hunters can't also sell their rewards in good price because of the delay in ddistribution. It has been an issue lately. It is also true that bounty hunters dump all of their token which make coins cheaps. It would be good to see more projects come up with fixed reward.
Bounty hunters can't also sell their rewards in good price because of the delay in ddistribution. It has been an issue lately. It is also true that bounty hunters dump all of their token which make coins cheaps. It would be good to see more projects come up with fixed reward.
You may feel that it's just a small amount but it's still part of the whole supply and that's what they are trying to avoid. They don't want their holders to dump it so that it can retain the value.
Because, if the early times that their coin is already listed and it keeps dumping. The chance of getting more traders and buyers for that coin will be lessen because they will think that it's starting to be dumped by most holders.
You do have a point but the price should be stable then, why keep dumping when bounty hunters haven't been paid yet? If this move is to avoid the dump and dump is already happening I think the end result will be very unpleasantBecause, if the early times that their coin is already listed and it keeps dumping. The chance of getting more traders and buyers for that coin will be lessen because they will think that it's starting to be dumped by most holders.
They don't mind about bounty hunters after the sale, as long as they've made enough, it's already a good call for them. Then that's next, they'll now go to bounty hunters for the distribution and payment since the priority party has been attended to.
If I am not mistake, The owner when make project has prepared a review study, Make rules are deemed necessary. example for both allocation, distribution processes and the value of fit back for each who invests with different mechanisms.
It is also very likely that prize Bounthy hunters will experience a shift in value and time during the process of distributing gifts after read further notice from stakeholders.
It is also very likely that prize Bounthy hunters will experience a shift in value and time during the process of distributing gifts after read further notice from stakeholders.
we cannot do anything about that... they want to avoid the dumping of coins.. specially those projects that have potential..
If a project has a potential they won't care about dumping, there will always new and old investors that are going to pick the coins, a good project don't care about dumping all they care is the platform, if the community see that the platform is good they will pick all the coins that were dumped, these projects should also have buy-back mechanism so to prevent dumping. They are not prioritizing their bounty hunters instead they focus on the investors and that's why if not delayed, they are sending the payment of bounty hunters in batches.
I think that's the strategy that they have come up with to avoid the continuous dumping whenever the hunters receive their reward. There were bounties that do have a lock-in period that bounty hunters who have received rewards can't even sell it right away.
I think that's the strategy that they have come up with to avoid the continuous dumping whenever the hunters receive their reward. There were bounties that do have a lock-in period that bounty hunters who have received rewards can't even sell it right away.
in fact, the supply of tokens for bounty hunters does not exceed 5%, so even if all hunters carry out mass sales at the time of receiving the prize, this will affect only some time, and it is also impossible for all hunters to sell at the same time.
Because, if the early times that their coin is already listed and it keeps dumping. The chance of getting more traders and buyers for that coin will be lessen because they will think that it's starting to be dumped by most holders.
I can’t even imagine how the reward for the participants of the Bounty companies can affect the pricing of coins of specific companies.
Are you familiar with Moozicore project? The project ran bounty during their ICO and it was uknows how many tokens were sold. Later, Moozicore had several rounds of IEO. It turned out, that bounty campaign budget was few times more than investors could buy during all the IEO rounds. When the tokens got listed, hunters dropped the price 10-20 times down then it was on ICO.
They are not prioritizing their bounty hunters instead they focus on the investors and that's why if not delayed, they are sending the payment of bounty hunters in batches.
I think that's the strategy that they have come up with to avoid the continuous dumping whenever the hunters receive their reward. There were bounties that do have a lock-in period that bounty hunters who have received rewards can't even sell it right away.
I think that's the strategy that they have come up with to avoid the continuous dumping whenever the hunters receive their reward. There were bounties that do have a lock-in period that bounty hunters who have received rewards can't even sell it right away.
in fact, the supply of tokens for bounty hunters does not exceed 5%, so even if all hunters carry out mass sales at the time of receiving the prize, this will affect only some time, and it is also impossible for all hunters to sell at the same time.
Because, if the early times that their coin is already listed and it keeps dumping. The chance of getting more traders and buyers for that coin will be lessen because they will think that it's starting to be dumped by most holders.
I can’t even imagine how the reward for the participants of the Bounty companies can affect the pricing of coins of specific companies.
Are you familiar with Moozicore project? The project ran bounty during their ICO and it was uknows how many tokens were sold. Later, Moozicore had several rounds of IEO. It turned out, that bounty campaign budget was few times more than investors could buy during all the IEO rounds. When the tokens got listed, hunters dropped the price 10-20 times down then it was on ICO.
Yes sure @forexandcryptoauditor a typical delay at libitum
Hi can you explain what is the difference between "collapsing" and "price reduction" when we are talking about the value of a token ?
I mean when they advertised their bounty the price was 0.260958 USD (1 old token)
meanwhile price is 100 new token (1 old token) $0.009057
(Total market cap= $32,492)
https://bitcointalksearch.org/topic/warning-blockburn-fake-bounty-offenses-and-insults-5233059
Obviously this is a scam project, and I've see your analysis before. But until now, this project has become a scam just like you said. The price has collapsed too many times and there is no chance of coming back. Stay away from this bullshit project, and they even scam bounty and don't distribute itprice reduction it's very reasonable for blockburn
Hi can you explain what is the difference between "collapsing" and "price reduction" when we are talking about the value of a token ?
I mean when they advertised their bounty the price was 0.260958 USD (1 old token)
meanwhile price is 100 new token (1 old token) $0.009057
(Total market cap= $32,492)
https://bitcointalksearch.org/topic/warning-blockburn-fake-bounty-offenses-and-insults-5233059
Quote
100 new token (1 old token) 0.013421 USD 31 March 2020
100 new token (1 old token) 0.016828 USD 29 March 2020
100 new token (1 old token) 0.0347 USD 15 March 2020
[Start of bounty 0.260958 USD (1 old token).....]
100 new token (1 old token) 0.016828 USD 29 March 2020
100 new token (1 old token) 0.0347 USD 15 March 2020
[Start of bounty 0.260958 USD (1 old token).....]
Before the D-Day gets here Cartesi price would have dumped alot, I hate delays to be honest but what I don't like about Cartesi decisions is they paid those who joined their community gaming task on binance which costs 50k $$$$ and bounty allocation Worth is 45k$, this is totally unfair
This is really alarming, even the most respected exchanges are dealing with investors. Imagine listing a project and it dumps badly within few days and when it's about to distribute to bounty hunters it will be as good as nothing. Few exchanges though assures more and some are not even top exchanges.
We cant really do anything about it, lucky those who joined cartesi that they can exchange their token hassle free because it was on Binance. Traders are the one doing the trades and as everybody knows the market is not controlled by anyone so there is no really problem here. If the bounty got distributed then theres no value at all then thats what you called bad luck.Lucky those top winners who are joined the game cause they just win some tokens with just earning. Imagine, they can even get the tokens earlier than bounty participants.
Cartesi announced 50K USD worth giveaway only to participate in their game contest which is done within one week and I heard Binance is already prepared to send the tokens! Where bounty hunters worked for several months without knowing the value of the tokens, but their tokens will be given in 3 batches! This is really unacceptable! Therefore top exchange bounty has always low rewards! I am fed up too, but maybe it's our fault! Because whenever we see a good project brings a bounty campaign, we jump on that, even if they have the low allocation!
But atleast the token is already listed and the bounty hunters are getting paid but i think they are some bounty hunters out there that dump the coin i can understand why they split it into batches. I checked the coin you mentioned it seems it has 9 million volume, the devs shouldn't worry about the price dropping with that volume, i do agree with you that it's unfair for bounty hunters. 
Cartesi announced 50K USD worth giveaway only to participate in their game contest which is done within one week and I heard Binance is already prepared to send the tokens! Where bounty hunters worked for several months without knowing the value of the tokens, but their tokens will be given in 3 batches! This is really unacceptable! Therefore top exchange bounty has always low rewards! I am fed up too, but maybe it's our fault! Because whenever we see a good project brings a bounty campaign, we jump on that, even if they have the low allocation!
That's why I will not even expect a good result even those people who promoted for the trusted bounty can be deceived by the team. You must see that how much the total allocation for the bounty participants compared with the contest and it's almost the same. I may think if the contest has a better allocation than the bounty campaign.
it all depends on the project marketer. i participated in veracity bounty and i have been following that project till date. it is a wonderful project i must say with huge marketing strategies. they have listed in most top exchanges as a result of their aggressive marketing and campaign. this is a project that started from scratch. did a successful bounty and distributed their token accordingly.
Cartesi announced 50K USD worth giveaway only to participate in their game contest which is done within one week and I heard Binance is already prepared to send the tokens! Where bounty hunters worked for several months without knowing the value of the tokens, but their tokens will be given in 3 batches! This is really unacceptable! Therefore top exchange bounty has always low rewards! I am fed up too, but maybe it's our fault! Because whenever we see a good project brings a bounty campaign, we jump on that, even if they have the low allocation!
No offence but I believe every bit of these terms were stated in the bounty rules yet you still participated. This is where campaign promoters need to really go by their words and stop promoting some of these projects. We complain that some rules are not fair to we the promoters yet when they launch a bounty with these draconian rules we still jump on board and support. If they feel a strong resistance on our part I am sure they would amend the general terms to favour bounty hunters.
It is true that now is a difficult moment for bounty hunters, since 2019 until now only tachyon protocol projects are paying quite good.
The rest of the payment of hunter bounties is not feasible. Even some IEO projects have to wait for hardcap sales to be achieved to pay
bounty hunters. Knowing this reality made me upset, but I could not do anything. So from now on I am following a gambling signature
campaign for which payment is clear, although not so large.
The rest of the payment of hunter bounties is not feasible. Even some IEO projects have to wait for hardcap sales to be achieved to pay
bounty hunters. Knowing this reality made me upset, but I could not do anything. So from now on I am following a gambling signature
campaign for which payment is clear, although not so large.
I think it's reasonable because it's one of the ways to avoid dumping prices because maybe the project team thinks that if the distribution bounty before IEO is complete, then when it is list, there will be many who sell tokens including investors who want to take profits. So, there have been many projects that pay bounty hunters to divide their payments into several phases and wait for about 1 month more after listing on the exchange.
distributing tokens to bounty campaign participants when the IEO process or fund collection has not been completed will indeed have a negative impact on the price at the exchange but you can apply locking for the token holders so that the bounty campaign tokens will not collapse at the exchange place. Jump to: