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Topic: What happens to unshared bounty tokens? (Read 6497 times)

full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 01, 2019, 06:46:52 AM
It depends on the strategy of the team. Some return it to the bounty pool to be shared again by the remaining participants. Some include it to reserve tokens for future development of the project and some just include it to the tokens to be burnt. The bounty managers could also keep it to themselves if they are tasked in distributing it, this rarely happens though.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
In most cases, unallocated tokens are taken by the project developers.Rarely, but there are times when these coins are distributed to the remaining bounty hunters.
i think we have to consider the calculation type that used by bounty manager.if they use fix allocation each week , the token left will return to developers.but if they use stakes type they will distributed token to bounty hunters.
full member
Activity: 658
Merit: 112
There are two options, the bounty manager never pays to bounty hunters and take the coins to his wallet or the campaign owners never pays to bounty manager and no one gets coins. I had some problem with that, the Sonder ICO never paid to their bounty workers and on telegram channel they made fun of us and unfortunately humiliated us. That was very sad times. Here is the bounty threat: https://bitcointalksearch.org/topic/m.47456614
full member
Activity: 504
Merit: 100
In most cases, unallocated tokens are taken by the project developers.Rarely, but there are times when these coins are distributed to the remaining bounty hunters.
full member
Activity: 854
Merit: 108
I think it will be considered as unsold tokens as the ICO owners will count all paid bounty tokens and will compare it against the spread sheet. KYC bounty is mandated by the ICO owners and not by the bounty managers therefore the ICO will still can compute and can trace transactions of the paid tokens against their target bounty allocation.
jr. member
Activity: 714
Merit: 3
It's the project teams that decide what happens to such tokens but to be fair as you rightly pointed out KYC should be over before tokens are allocated to participants that way those who qualify enjoy the full dividend for their works.
hero member
Activity: 2520
Merit: 952
February 28, 2019, 11:48:29 PM
Then those allocated tokens will be removed from their stakes and will be put back in total stakes, and will be distributed to remaining participants.

Sorry for bad wording, I don't know how to explain lol
hero member
Activity: 1302
Merit: 540
February 28, 2019, 11:30:36 PM
As far as i know, all the unshared bounty tokens will be considered as the same of the unsold tokens. I believe they would burned up all those tokens after they finish distributing them, that way also a way to prevent the price from falling.
Again, that should be the right thing to do if the dev team is honest, burning spare tokens in order to lessen the supplies. From that point,
the volume will be much lesser. Chances for the value to rise follows if the team will succeed. In order to gain more trust and supports, the investors should be aware of these kind of reports.

Any spare tokens, though still in the hands of developers, they have all the capabilities whatever they like to do with it.
legendary
Activity: 3108
Merit: 1029
February 28, 2019, 11:16:49 PM
we wait until the distribution arrives. indeed it's been a long time, but this is what really happened and when this bear market situation. we think positively that the team holding down distribution to keep the exchange rate good when the bull run occurs.
That will not work, how strong their hand to keep the token and that will be useless until they can try to create a cooperation with an exchange which can give them all a huge daily trade volume to attract the more buyers.
sr. member
Activity: 812
Merit: 310
February 28, 2019, 10:39:11 PM
As far as i know, all the unshared bounty tokens will be considered as the same of the unsold tokens. I believe they would burned up all those tokens after they finish distributing them, that way also a way to prevent the price from falling.
member
Activity: 714
Merit: 11
BountyMarketCap
February 28, 2019, 07:29:29 PM
we wait until the distribution arrives. indeed it's been a long time, but this is what really happened and when this bear market situation. we think positively that the team holding down distribution to keep the exchange rate good when the bull run occurs.
jr. member
Activity: 490
Merit: 2
February 27, 2019, 07:04:11 PM
I tried to keep thinking positively, that the team was doing the best for the participants, namely by holding the distribution of tokens until the bull run occurred, and the participants got a much better exchange rate.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
February 17, 2019, 10:15:08 PM
Although im just new in this bitcointalk, but i just read about this significant topic, and i think the unsold tokens would be probably burned, also the unsold tokens would be distributed for an airdrop.
This is a good suggestion but it should be stated on the rules of the ICO, we cannot dictate them on what to do.
Actually this is not an issue if the team are responsible to follow what's written in the rules, investors are looking on these things as well
as they know this unsold tokens still has a value and it could affect the market.
usually they explained about unsold token in their announcement , whitepaper or in their said.so they will it clearly to their investors, no more ask about team plan about unsold token,
jr. member
Activity: 490
Merit: 1
February 17, 2019, 10:08:52 PM
Although im just new in this bitcointalk, but i just read about this significant topic, and i think the unsold tokens would be probably burned, also the unsold tokens would be distributed for an airdrop.

As far as I know, these tokens are burned because they can affect the market, I don't want to think negatively and this must be done by an honest and responsible team.
hero member
Activity: 2940
Merit: 613
Winding down.
February 17, 2019, 09:38:44 PM
Although im just new in this bitcointalk, but i just read about this significant topic, and i think the unsold tokens would be probably burned, also the unsold tokens would be distributed for an airdrop.
This is a good suggestion but it should be stated on the rules of the ICO, we cannot dictate them on what to do.
Actually this is not an issue if the team are responsible to follow what's written in the rules, investors are looking on these things as well
as they know this unsold tokens still has a value and it could affect the market.
sr. member
Activity: 826
Merit: 258
February 17, 2019, 03:32:28 PM
Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?
Long ago, i've also wondered about that, but sometimes ago i heard a news from bounty manager that the coins that aren't distributed were burned. So it won't go anywhere, but instead it will be gone forever.
member
Activity: 784
Merit: 10
February 17, 2019, 03:18:30 PM
Although im just new in this bitcointalk, but i just read about this significant topic, and i think the unsold tokens would be probably burned, also the unsold tokens would be distributed for an airdrop.
sr. member
Activity: 574
Merit: 250
February 17, 2019, 03:15:39 PM
Have you ever asked yourself this question?
What happens to unallocated bounty tokens?
There have been several bounty campaigns where some participants do not qualify after being screened, such as those who fail to pass the kyc due to multiple accounts or other reasons, detected bots or cheaters who use other people's details.
Most times, stakes would have been calculated and tokens allocated on the spreadsheet to be submitted for distribution, before the screening process is completed. Which then means that some tokens will be left undistributed.
Where do these tokens then go to?

In my opinion, in order to reward the faithful and sincere hunters, I want to suggest that all the screening should first be completed, before stakes are calculated and prior to allocation of tokens to bounty participants.
So stakes should not be calculated for cheaters.

This is just my opinion, it is opened to discussion.
What do you think?
Everything that i know about unshared bounty reward will be burned to keep the value of the coins high.
There is unlikely that those allocation to be given into the dev's account, cause it could affect the price of the coin itself.
hero member
Activity: 882
Merit: 500
February 17, 2019, 02:39:04 PM
I think it will be used for promotional projects during other times. Since the token allocation they have written is for marketing, perhaps airdrops are reasonable in most cases that the bounty tokens are not yet allocated.
member
Activity: 364
Merit: 10
January 27, 2019, 08:38:53 AM
They are going to be used for another bounty rounds. But I think that the team members are sharing them within the team. It is only a theory and if the project is really honest, they will burn them to increase the token price.
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