Bitcoin Forum

I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

This is a very old allegation and does not matter. You know even if everyone accept that bounty hunters dump all their coins as soon as they receive them. Keep in mind that bounty hunters promoted the project everyday and helped them to raise the funds so this is there hard earned rewards and they are free to do so.
Secondly if team is concerned about this thing they can pay rewards in equivalent usdt, btc or eth  this way bounty hunters will not have any tokens to dump infact they will be happy to directly receive liquid assets.
Thirdly if there is no option for team to pay in usdt then they should pay in tokens and on exchanges put a big buy order so that even if bounty hunters dump the price do not completely crash.
So you see there are many solutions and team have the options to avoid this situation so each stake holder has to be responsible and do not just state same old story everytime.

I don't totally agree with your point  friend. i have seen some projects doing bounty and distributing rewards to hunters without it really  affecting their price .  And if developers think Airdrop and bounty will kill their projects then let them pay in stable coin like USDT that is what  a few serious developers do .
 
 Also there are situation where developers and investors dump prices of projects even before distributing bounty rewards. Dogdata for instance have not distributed bounty rewards yet the price of token is really dumped by team and early investors who bought with a lot of bonus.

dead project is not because the airdropper or bounty hunter because they are not really getting their coin for free , they are getting that coin  from doing airdrop or bounty task, they deserved to sell anytime they want, cause of failed project is when the project is not really raise their targeted to raise and failed to add liquidity on public market and then the price will dump, its no airdropper or bounty hunter fault. its failed because of the project it self

bounty hunter is not the cause of the death of a project, sometimes many bounty hunters always save coins from the project and expect prices to rise, but in reality no, they are held longer will further decrease in price, not yet again sometimes the distribution of bounty's coins is always delayed, and after the coin is sent the price has been badly destroyed

This is something that must be re-corrected again and bounty and airdrop didn't kill the project and you should take a look at how OIKOS, HEX and various altcoins can be even greater caused by the campaign that has already attracted mass adopters. It's about how much daily trade volume that has already gotten by the token.
Even spycee that has a very low daily trade volume didn't get a lot of impact too.

The main purpose of airdrop and bounty is marketing the product, The company should have a plan about this, by reward hunter with the token, the company should have to plan what happens the next if hunter sold it (it's not the fault because the hunter needs back capital). If the company had a good plan of how to managing the product, they did not pay as a token but another valuable like Bitcoin or Ethereum.

I am noticed, Who kill the project is company self not by the bounty hunter. the Company handled by a bad manager and doesn't have much knowledge aka beginner.

It's better for him to see the reality that was happening before. the only scam project that didn't get any demand from the market that has become a dead project but it's not always caused by the bounty participants too caused by so many times hunters got zero reward from their effort and they can't even sell it into the market.

Old topic that was discussed hundred times here. Why don't you search and read some old threads about this i'm sure you will get the answer. It's a stupid question. In the past why all projects ran bounty & airdrop and they were still very successful?

I think you should educate yourself first before posting nonsense post, this has been addressed so many times and logic tells us that this is not correct if you hate bounty hunters or airdrops then do not participate at all but do not give wrong information, you should not use the word all if you do know the fact.

IF its really kill project then why they make it ? Why they always have a bounties and airdrop to give to users?

Hunters and airdropers is always looking for a money to grab from a project , in fact every  project know what will going to happen  if they give that free coins to any, if they are really care about the price movement then they will always find away to advertise their project without even using any single supply they have.

This is so true! No bounty or airdrop has the ability to kill the project. Why do people keep thinking that because bounty hunters dump the tokens that lead to the failure of the project? To be fair, the project is failed because of its own plan. Don't blame bounty hunters when the project doesn't have the ability to develop as your expectation. You're right that if the developers are worry they totally can pay bounty hunters with stable coins!

I think that the statement that bounty hunters are killing the project is not true. These guys publish in various news channels and features of the project, thanks to which more and more people will learn about it.

Since the topic of cryptocurrency is quite specific, every second man in it is a potential investor, so this is work directly with the target audience. It makes sense that every work should be paid, which is why the bounty hunters receive tokens.
Another thing is how the project's economy is built. Usually, the bounty pool is 1-2% of the number of tokens, which cannot significantly affect the cryptocurrency price rate. If the project is not a scam, then the team will provide for a possible drain of tokens by buying out its share on the exchange and restoring the rate.

I definitely believe that without the bounty there would not have been such a surge of interest in blockchain startups.

Let's pretend you are right, must new projects introduce bounties and airdrops? No! But they do anyway, meaning that they are getting something from bounties and airdrops and that's can awareness, you need to understand what bounties and airdrops do for projects

You are wrong, developers need bounty hunters to promote their projects so that the project can attract many investors through forums and social media websites like medium, LinkedIn, Facebook, Twitter etc, in return bounty hunters are paid for their work, we aren't responsible for the death of projects.

OP you need to look around bounties section on this forum to see do yourself, check all bounties on there and you will see that out of 100% max supply of a project bounty hunters are only given 0.01%  of max supply, only a bad project will drop in value because of that little supply

If they will remove it, the promotions of the project will be failed. Participants who are going to receive the token rewards usually sell it and that's normal. I don't think we have to point fingers and blame the airdops for the dumping reasons. Successful projects stay even participants sell their coins. I have seen one thread here about giving away token rewards in three parts to prevent huge dump of their tokens. Maybe, if all of the projects will do this,  this will solve the issue of huge dump after launching

There are two different opinions and I think that depends on each other's perceptions. Bounty and airdrop can be profitable because there are many hunters who prefer to hold for the long term if the project is good and even buy directly in the market and this can make the sales volume in the market even greater. But bounty hunters also sometimes sell right away as soon as the exchanger starts listing the token which results in a price reduction

Bounties promotions is what spreads words about a new project and bounty hunters got paid in the projects native token most times, the bounty allocations are always smaller, too small to drag the project down, what I've planned to always do is never promote a project that has bad use case

This is true, although the distribution of Airdrop and Bounty has a great importance and a large role in the spread of the project on a large scale, but as you say, it also has a significant negative in that most of those who obtain free coins from Airdrop or Bounty sell them immediately at any available price and this leads to Excess supply and lack of demand for this coin, which causes a decrease in the price of the coin for the project.

Nope they don't kill the project actually it is the other way around they help the project to gain attention.
But the problem is the project, If the project isn't serious about it then what's the point of all the promotion?

Related to low prices or not depends on the project management of the owner and market conditions. The owner must also find a way to attract the interests of his customers with a variety of patterns, the more people who want to have their coins, the better the value of a coin means there is demand and sales.

The project team are responsible if any thing happened to their project, some team dump tokens and put blame on bounty hunters while some gave high discounts to early investors and investors do the dumping, it's hard to see bounty allocations that worth 100k, the me how that will kill a project

The highest bounty allocations now are around 20,000$ to 50,000$, if the project have good demand then the token won't lose value but if the token isn't impressive enough there will be dump, bounty hunters aren't the team who put together the whole idea

Count airdrops and bounty as a promotion. Each promotion program is an expense for any company. To be able to surpass expenses, company should make planning more wise. I.e. do not distribute hunters reward straight after listing. Do price protection program and not just watch price go down. Distribute hunters rewards in batches to decrease price drop. If the project is afraid of price drop by bounty hunter - do not run an airdrop or bounty, think of other kind of promotion.

And there is no proof that bounty hunters or airdrop participants drop altcoins price. How huge is bounty pull usually ? 3-5% from total token supply? With such amount is it even possible to drop the price? Dont be silly.

A project never dies by bounty hunters because at least lots of hunter store bounty token till price long rising. Even there want good support a project bad timing, so a project death/alive depends their roadmap development activity.

I don't think bounty nor airdrop can kill a good project. As you said, the percentage allotted to these programs is very small as compared to the their total supply. Maybe you can see the immediate effect upon bounty distribution, but should go up once the dumping is over. Because it is normal to see that dip during that distribution but if the project has solid foundation, this bounty dumping should not really have the significant impact on their trading performance in the long run.

 
this does depend . majority of the airdrops and bounties have a coin that does not listed yet  . how can you say that airdrop hunters and bounty hunters sell thier coin , where would they sell that coin ?  if the other scenario happen like when the coin already listed  . it depends on the situation too , theyl prolly sell when the value of the coin is way too much upon they got it but if not then why the fck they would sell  .  some users joined more than the reward but they also care about the project and wont do anything bad for thier supported project

"What is dead can not die". If the project is a crap and only pisses in investors ears how cool they are, than it is no surprise that with bounty allocation of 1% or 0.001% from total supply, kills the project straight after distribution.

I just dont understand why everyone blames hunters, when early investors are the one to blame for dump. They have the biggest amount of alts "in hands". They always have this "30-50% buy bonus", so if they are just for the money, than they are the first to dump.

Simple math:

Early investors are the first who received altcoins. Invest 100$, receive 130$ in tokens. At the listing day (sometimes this happens before hunters even get their rewards), sell everything as quick as possible. Usually on the listing the price is same or higher that on early sale:

• Spend 100$
• Sell for 100$ plus get +/-30$ as an early investor
• Profit +/- 30$ for doing nothing.
• Price goes down as everyone tries to sell their early bonus as fast as possible.

And only then hunters enter trades with their miserable crumbs of tokens. So is to blame now ?

It's team fault if project loses value and become worthless, it's not because bounty hunters dump their shares, it's because the project utility isn't good enough and some times team uses huge discounts to attract investors, once price are too good the investors will start dumping.

Bounty / Airdrop is a pretty good marketing technique so far, but if someone says Airdrop / Bounty kills the project. It is a bad project and is not in demand in the market, so the price of the token is easy to break when the bounty / airdrop is distributed. But see if the project is good the price will certainly not be affected, because the allocation of bounties is usually not much.

Make sense it's the team idea to out the percentage and the value not the bounty hunters it's more like the project giving the offer and the bounty hunters taking the offer based on what the project is offering so bounty hunters are not the one to blame for dumping.

Bounties and Airdrop are effective market technique for new projects and that's why new projects launch bounty Campaigns, the payment is on team, they can either pay in stablecoin or Bitcoin to avoid dump or pay in token, that's team call but I d not buy the idea that bounty hunters are responsible for projects death. Presently we have many new projects that shouldn't exists in the first place, they introduce quack use cases that no body want to buy

Let's say you were only taking the crap coin as an example to take your conclusion but in another way you didn't even take what happened with the big coin like cartesi maybe. it has proven it's not all coins weredead caused by the bounty distribution and it has only a small chance to happen.

With bounties or without bounties a crap project will never do better in the market, it's why i advice bounty hunters to always look very well before joining any project, if the use case isn't good enough there will definitely be problems like fund issues and less investors

In my opinion, bounty distribution can't kill the project yes it can cause the price to dump a lot but not kill it because most projects offer just a couple of % (max) as a reward which is not enough to kill the project entirely. and if the project is good then the dump won't matter because sooner or later the price will start retracing.

So do you think the death of the project was caused by the bounty hunter ??? It sounds so funny and it seems like you have to read a lot and see what really happens.
start looking at projects that have been dumped before distribution to bounty hunters

Didn't you read about all token allocations they listed? Try to see the number of tokens provided for the Bounty / Airdrop program, They only give little or about 3-4% from total amount of tokens, And I think if all Bounty / Airdrop tokens are sold by Bounty hunter, then that won't affect the market price. So this is not because the Bounty hunter caused their project to die.

It's absolute nonsense to think that bounties and Airdrops can kill a project, good projects like Tachyon protocol, tokoin, Cartesi have proven that bounty hunters aren't responsible for death of projects, it's your choice but many projects still pays bounty hunters and they add more value in short time

Not yet, is bad opinion because you give wrong information with your world where bounty and airdrop project could kill some project, how ever almost bounty campaign project just allocated about 2% from all coin supply distributed for bounty or airdrop participants, just use your mind how come little supply coin could make and kill some project, I think when coin listing on market and have lower price is fault by project team because they sell all their coin supply.

Bounty and airdrop campaigns should help project to promote itself without spending real money at the beginning of the advertisement. After the need, they distribute a very small amount from the whole token supply, so it is a win-win situation for both sides.  ;)

indeed from the bounty campaign and airdrop can provide a lot of benefits to the project makers but you have to know that those investors already know that if there is a botuny campaign it will make the price worse because surely the participants will destroy the price, so until now the bounty campaign is best marketing.

its usually based on their token value in whitepaper, not it will be decrease or increase. this small budget could minimize dumping risk atleast, although its not totally true. we know most bounty hunter want to convert their reward as soon as possible when already traded in market.

I am not sure Bounty participant tokens can destroy prices, because we know that the allocation tokens to Bounty participants is only a few percent. Actually if the project is good then when the Bounty participant sells all their tokens then it will not be a dump.

Yes, but a small allocation for a bounty campaign will not guarantee that a token will not experience a dump when it enters the market, because the price of the token becomes a dump is not a bounty participant even though most bounty hunters want to convert as soon as possible after tokens from campaign results are distributed to them.

I don't think so. Bounty or airdrop don't kill project. Bounty hunters get a little percentage of token. They get token by completing their bounty task. Bounty help a project for success. By bounty campaign so many people hear about the project and number of people buy token and help to increase project. This is the best way of project marketing. In my opinion bounty is good for project and this is not killing any project.

Airdrop and Bounty don't make the project die, say the two events are just to promote the project to be more widely accepted by other crypto communities. because a project is very important to the community. Airdrop and Bounty should not have too many allocations that make a moment the price will go down if they sell together. but there are also projects with large allocations, but prices are rising, one of which is the NRG coin. so it's not certain the Airdrop and Bounty can kill the project. because it also includes the income of people who do not have the capital to trade or invest.

Bounty campaigns and Airdrops are the ways to promote project by usually paying a small part of tokens to the participants. This amount is too small to dump the price, unless the team is not doing any Market Making.

That's right, the bounty program and Airdrop are only as additional support in terms of promotion, so obviously things like that won't kill any project, anyways it would be very funny if with a bounty or airdrop campaign a project could be killed. ;D

Of course not, Bounty and airdrop not kill the project. Also not all bounty hunter don't care about project, i see many of bouty hunter still hold the token that they receive from project.

And i'm disagree if said that "bounty hunter sell the token and make the price low", because total allocation for bounty hunter is a little. But Almost half or over for token sale, and i think think this is the the real answer

You are 100% absolutely wrong in that matter dude, Because most of the time, before bounty hunters receive their rewards token the coins was already dropped its price and the developer of the coin was already obtain a good profit. So, bounty hunters if they sell their token the price dumped so much in the market already.

It's stupid to make statements like that, I think you're a newbie in this market, right? Bounty and airdrop make the project popular in this market. It doesn't make the price collapse if the project has enough liquidity, even I see hundreds of projects collapsed before they make bounty distribution.

You need to be in this market longer to be able to understand the current situation. New projects collapsed for a number of reasons, one of the biggest being the exchanges they listed without liquidity. If they list at major exchanges, I believe their project will never fail, even if they have a bounty with a large budget.

I also disagree with the author's opinion. Many successful projects launch airdrops and bounty programs as a encouragement for their followers, and this doesn't negatively affect their development. On the contrary, in turn, bounty hunters make good advertising for the project and attract new investors.

How did you know all this, it's just a speculation I don't know why bounty hunters are the one to blame when in fact they are not the one launching bounty campaign it's the project they are hiring promoters, and of course if you are hiring people you will not ask them what they will so with the rewards, what you are going to ask is how they are going to do the job.

Well.. i disagree, in my opinion if the project price going low it's not the Airdrop and Bounty hunter fault, if the price going low that is because low liquidity in the market, especially if they made IEO in small exchange.

Yes that's true. Prices collapsed many times because they did not have too much liquidity. Like the Dogdata project, the price dropped 200 times after the end of IEO and it was a complete scam project in this market.

I think bounty and airdrops kill projects, yes. Because everyone sells their reward immediately and price dump really fast

And what do you think of the projects that collapsed before the bounty was distributed? A lot of such projects have happened this year, prices have been reduced many times when they are listed at exchanges

no, it doesn't have a big effect. because the tokens received by participants are only a small percentage of the total supply that has been provided. the one who killed the project was the team itself. because the liquidity of the token will depend on how the team manages it well so that the token has an increasing market cap and purchasing power also increases.

You really sure it was because of the airdropper and bounty hunter? As far as I know many project runs and they got the investment of the people and also the project became failed if they didn't meet their roadmap many investors would sell their coin/token so don't blame the bounty hunter and airdropper you didn't know what you are talking about.

the fact bounty hunters help to spread the word about the project mate
and remember token allocations for bounty or airdrop usually less than 1% from the total supply my friend
i think thats will not affected the price massively

the truth is,these company was just looking for something to blame because of their failed project or because of their scamming target.
Sad that Bounty Hunters are always the victim of scamming but in the end they are the one whos responsible about the failure of project when listed in exchange.
stop this mentality because we are now in 2020 and scammers are not in hide now.they are exposed in all manners now.

That is what you think. THis is a total wrong notion about bounty hunters. Let's be realistic:
What are bounty hunters paid thisthese that would make them dump the price of the coin/token they are paid?
The fact is that bounty pools these days are not just worth it, except for very few projects. Even projects that provide good amount of reward to bounty hunters do not dump.
Most times, you see coins/tokens dump even when hunters have not been paid.

Bounty hunters help ther projects by promoting it mostly on social medias.
That promotion could be the lead to any potential investor.
There are projects who went up even after the hunters and airdroppers dump their tokens. It is still depend on the team and the project itself if investors see this with great potential in the future.

So many people (included OP) didn't understand about that and it seems like he was only seeing if any dump caused by the hunters. He must realize the reality of the main factor that can prevent the dump should be the liquidity.
The main rule in crypto is no liquidity and then dead.

You can count investors as well as I believe they tend to dump as well when the project finishes, thus getting their return after.
I don't think it is all up to bounty hunters, while we can still think that they're gonna sell as well after the project but it is not just them obviously.
Imagine how small percentage of the whole token/coin allocation are bounties compared to the whole tokens made.

I think this is an erroneous opinion, the bountists did their job, advertised the product and by the way if the project is good, the bountists try to keep some of the tokens for themselves. But who really kills the project is the team that has a huge number of tokens and they sell without stopping, and at the same time they blame everyone around them but not themselves.

That's a wrong perception, it's tantamount to saying, advertising kill a project.

In reality, it's really the team who are at fault, first they don't launch the project at the right timing, and maybe 2nd  is they give promise too much to the investors like the short term return which would only make it more unrealistic.

Regardless of how good the project now, I think they could still struggle as the investment interest has gone down due to the pandemic, and before the pandemic, the market was still not stable, so that's really a hindrance for the success of altcoins.

Bounty is part of marketing for the project to gain exposure to social media outlets and to get noticed by potential investors so bounty hunters has all the reasons to sell or hold their earnings.

I don’t see rewards sell off’s is the primary factor why projects go down, if the project has real value it will likely to recover every dump. Good example is Oikos, despite the hunters recent sell off the price is still considerably good.

I can't say both bounty and airdrop hunters kills crytpo projects, there are many factors that destroyed a project one way or the other, but the blame is always on aridropers and bounty hunters for dumping projects, that's not actually true. Mistakes had been form the projects failure to list on a high volatility/liquidity exchange for easy buy and sell on exchanges. So it's the project faults for running away with big sum of btc and pay smaller amount to low volume exchange for listings. Sieh

I think bounty/airdrop is the driving force behind the project If you want to keep everyone informed about the project and get investors involved. Suppose all hunters shut down their services, then how can your project reach the door of all investors!. Remember that many investors live inside hunters so don't neglect them and they are never responsible for the death of a project.

indeed the program you mentioned has a very strong development and has very clear project goals but at present there are still many projects that are still immature and not very useful and launch a bounty campaign program and assume that when using the bounty campaign the fundraising method can be smooth and many people will participate but in reality it is not that easy. so that when many bounty campaigns fail, the developers are not ready for the project.

Yes, because they are listed at large exchanges and have plenty of liquidity. Sometimes their liquidity went up above $ 5 million per day, and now it has decreased a bit but still ensures prices do not collapse.

If it does, then why are project dev still engaging bounty hunters? I'm not disputing your point but to me, the problem arise when dev give huge amount of money for bounty. They do this just to attract many bounty hunters, knowing very well they may decide to change the rule of the bounty after the sales. Dev see bounty campaign as a medium to promote their project without spending penny before they realize their objective.

That's not true buddy.  Bounty campaigns are ways of promoting the new or existing crypto projects.  Many might not have heard of a particular project let alone investing without bounty campaigns.  Likewise airdrops is another way of promotion.  The caution is just that, bounty and airdrop pools should not be too much compared to the total supply, especially airdrop to avoid immediate dumping after listing.  It will be difficult to totally remove bounties from crypto projects, because that's the lifeline of promotion.  There are other ways projects teams can employ to checkmate things that kill their projects.

when they are listed on a large exchange, I guess it will be safe. although bounty hunters or airdrop hunters sell the results they get together. the fault lies in the small market. small requests and make them easy to collapse.

If the project is top and has incredible technologies and capabilities and the token of this project is trading on the top exchanges, then there will be nothing serious with the price of this token if all bounty hunters and airdrop users will start selling their tokens at the same time, because such top projects always have a plan for such moments.

you're right good project always has their own way how to avoid price being dump after the airdrop distribute, for example is origin protocol airdrop, before they are listing on exchange they have made airdrop every month for their user and the price till now still good and pump from, they know that airdropper is very weak hand and put buy order at low price then pump it when strong holder is still keep their token. they have distribute over million OGN to user.

How many percentage % of total allocation do bounty hunters receive from bounty? Generally 1%-2.5% of the total allocation is for the bounty hunters. Is it really worth to dump the market? It has chance to dump 5-10% but basically investors dump the market as they hold huge amount of shares and bonus from IEO, ICO and this extra shares they sell randomly. This is one of the main reason to drop the price. Team performance and the project's potentiality is the main vital factor whether the price will up or down. So don't blame only bounty hunters. Bounty hunters' have huge role to promote the project. Without promotion by bounty hunters, maximum project will not pass in the token sale.

They don't care because they doesn't have even a little idea of the potential. But sometimes to sell the token immediately in a low price is much better than end to nothing gain. Some project landed the exchange and yet slowly gone.

What really kills the projects are developers that do not care about their own coin, and while this may seem odd this is very common in this market, they only care about the money they can extract out of investors before they are outed as scammers, bounties and airdrops are not really the reason why a project fails and at most are responsible for a temporary decrease in the price and nothing more, so blaming bounty or airdrop hunters over the death of a project seems silly to me.

Bounty and airdrop are for promotional and marketing purposes this is one of the very cheap means of advertising a project in many platforms without any cost of a penny and I dont think they are the one killing the project but the investors and whales they bought less than ico/ieo price then dump on the market but it also depends on the project if its really interesting and has promising usecase many investors will got interested over time.

this is wrong thought about bounty value. if we have opinion like this , we will always sell bounty reward immediately after we received it. bounty hunter have same position with investors, they spend money and we spend our time and energy to promote current project. so when we received reward we must act like investors and be patience wait till token have good value.

I don't think so. In fact, bounty and airdrop provide the best marketing tool for spreading awareness about the project. The more people are informed about it, the more possible investors. I think its more of creating best strategy for controlling how participants receive and sell their rewards. Some projects distribute by batches thereby controlling dumps.

by creating bounty campaign developer team have their own plan to make project be more popular. and also bounty hunter be their target to be investors. some hunter now already profesional investors and traders so they have important role to make project successs not make it die.

Bounty can't affect a pinch of a project if the project has good volume when listed or the team raised money enough as they envisioned. Recently, BZRX listed its token. It did x10 the presale price despite sharing for hunters as well.

You are completely wrong, the project has taken into account when it will open airdrop and bounty campaigns. There is nothing wrong if airdrop and bounty participants sell tokens that they get from their work. Unless there is coordination from the project team to participants to hold their tokens.
I see that for projects now they are good and can hold prices even though airdrop or bounty distribution has occurred. Basic is one example of a project whose price is still good even though the bounty has been distributed.

Projects team always give up the exact amount they can afford to pay bounty hunters, even most bounties nowadays have extremely low allocations and still bounty hunters will join and promote the project, we all understand what's happening around crypto space, how hard it is for projects to raise money since ICO left us but putting blame on bounty hunters for killing a project is obviously a lie.

Developers wanted to explore in any means to reach out for possible support.


Yes, the chance that investors interest might triggered after learning the project from the help of the hunters social media post.


This is true, there are still projects that after distributing the rewards to the hunters  experienced only short dropped then pumped back.

Funny thought, I disagree about the bounty and airdrop killing project, why? because what kills the project is the investor himself and the project team, the bounty and the airdrop will make the coins come alive, not to kill

I do not think that nowadays the bounty reward is that big to even make this claim and if someone is afraid that the bounty reward worth few thousand can dump the coin then they should open buy orders and that will solve the problem.

In fact, a good quality project can never be damaged by Bounty Hunter or Airdrop collectors. Because a small amount of the total token generated is provided as a bounty or airdrop. If the team member of the project is inactive and if the project has no real future plans, then it quickly loses credibility and acceptance to investors. So I don't think it's reasonable to blame the bounty hunters. However, if the only comparative analysis is done, then Airdrop is a bit more detrimental to different weak projects than Bounty because those who receive Airdrop sell it at any price because its customers do not have to work so hard to get it.

Right now in the market, there are so many ongoing bounties that seem so good and they have scope to do great in the future. It's just on you which project are you selecting for the bounty. If you do research on everything regarding the project then you definitely get the chance to work for a good bounty campaign.

we are talking about the fact that bounty campaigns and airdrops kill new projects but not about choosing the right campaigns. If the project organizes part payments(step by step) and does not pay hundreds of thousands of dollars to bounty hunters, then everything goes according to plan.

No, they just did their part as being a promoter for projects. If a coin too bad that even such a low volume of airdrop or bounty enough to kill it, not to mention ICO then I don't think the fault is on airdrop and bounty hunters.

Depends on how you do it. Bounty and airdrop is actually something that should improve the project, you should be able to actually use them to get your coin a lot more valuable. Now airdrop is harder because you are basically giving it away and that is not really worthy.

However bounty is something people work for and if they give it away for cheap that means they are giving their work for cheap as well and not many people would want that, of course from nation to nation understanding of "cheap labor" changes, something cheap in USA is actually a lot of money here, but it is still not cheap enough to drop everything for less than 5 bucks because you worked for it and you want to get paid. So, if done properly these things are what makes projects succeed not kill it.

Bounty and airdrop don't kill projects, the survival of any project mostly lies in the hands of the dev. Many projects have poor delivery or launch after ICO or IEO. I can mention many projects which have not distributed bounty tokens and have done - 99%. Private investors may dump, dev also may cashout, etc. Gold projects with great implementation continue to do great years after launch. So I don't agree with the assumption that bounties/airdrop kill project, in fact quality bounty programs help create awareness about the project when no one has any knowledge about it.

Actually i'm not totally agree with you. For marketing campaign they have to spend a lot of money. But by providing bounty token they can Save those money and in order to protect from dump they can buy back some token with cheap price from the bounty hunter. In this way they can also save the market.

First thing first, everybody sells their earned token, be it airdrop/Bounty participants or perhaps investors, so selling of tokens is not an excuse for failed projects. Likewise, Airdrop /Bounty cap is usually around 1% of the total supply, so shift this mindset to somewhere else.

Airdrop and bounties are a good step in the right direction for project that wants growth and spread the positives kf their platform, which is why the most important factor before launching a Bounty program is to give a credible bm and get a real and credible Bounty hunters

but not all projects will dump all depending on market demand and where the tokens / coins are listing. if they are listed on a small exchange will certainly experience a dump, the token for the bounty is only a few percent and certainly will not affect if the project is good because there will be many requests

The low volume will create a big spread between the demand and supply in the market and it will make even when someone dumping a small amount of coin and that will give a huge impact to the price as there was no demand to buy such token. this is the main purpose of mass marketing.

If it is true, what sense does it make after spending millions of dollars to create a project, you still decide to carry out bounty and airdrop, knowing fully well it will kill the project. Is it not stupidity!
The reason behind airdrop or bounty campaign is for awareness purposes of the project, the token being rewarded to them at the end of the campaign is for the job well-done of spreading the news of their project to investors or users that such project is inexistence.
Airdrop or bounty doesn't in anyway affect or kill project

I do not agree with you, because the percentage allocated to the bounty and airdrop hunters is small, which may be 6% to 10%, and this does not affect the price of the project token, the increase and decrease in supply and demand in token trading, and the success and failure of the project team in achieving its goals, This affects the token price. There are a lot of project hunters who hold their tokens for the long term until the project grows, We should not blame the project hunters.

Not as long as they do not distribute bounties and airdrops at the beginning and are able to increase liquidity before they add bounty and airdrop prizes that will not make their projects die, but if they have distributed bounty and airdrop rewards and the smart contract has no locking, when entering exchange there will definitely be a terrible decline token price that will cause their project die.

but there are rarely projects that buy back tokens from prize hunters, most of them just let it go and eventually their prices are destroyed, even more sales lists, without a purchase list, that's what happened to the few coins I have ever had

You need to know that the allocation of bounties or coins obtained from airdrop is very small when compared to the total coins from the project. As we know that bounties and airdrops are held as advertising media, this is done very cheap compared to advertising services such as Google ads and Facebook ads. Blaming the bounty and airdrop is a long time under the pretext of damaging the market price of the coin, but a developer should be ready when they are advertising with bounties and airdrops. This is a problem with management, blaming several parties for not solving the problem and it is indicative of a childish attitude.

Without the first quarter of 2018, I don't think any time was good bounty hunting. Only escrow or trusted bounty managers can't help to get bounty distribution. But I didn't stop participating in bounty hunting. Rewards are very low to recover your losses. If you have money, then start trade or invest in exchange IEO. Sometimes the team did extra money before bounty distribution.

Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.

I shouldn't blame of bounty hunter because there helpful for a project promoting. Actually i didn't believe every hunter wanna sell token in lower price. Almost 90% hunter keep holding for the green chart even its our compulsion. I believe hunter action is good at this time so keep look good through.

Not so true, no bounty in 2020 gives bounty hunters up to 6% of their max token supply, we aren't in 2017, the highest you will see is not even up to 1% of total max supply, be expecting something like 0.01% to 0.50%, if you think this isn't true please go back and do research on most bounty campaigns

But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.

I agree to this, its not a free money so bounty hunters can do what they want to their rewards.

Expect them to sell once the price gets better but should not blame for price dump. There are only small percentage allocated for hunters so it should not affect the price drastically or it it does the dev/team can handle such situation if their project is really good.

Very hard to believe that Airdrops and Bounties can kill a project, this will only make sense if 20% of the token max supply is given to bounty hunters which isn't even possible, nowadays only 1% of token max supply are given to bounty hunters, sometimes you will even see bounties with 0.01% supply of the whole project max supply

Bounty hunters are free to do anything they want with their tokens, you can't tell them to hold or to dump, they work for it so it's on them to do what they like with their tokens, if a dev is stupid enough to think that bounty hunters will dump his tokens them he should just pay in Bitcoin or USDT

5% looks small amount for us, but when this dumped to market its not about 5% anymore but we will talk about investors psychology and mental. especially beginner investors that have no patience waiting good price will dumped their token too. they thinking price will continue dumped by bounty hunter, but didn't look at developtment progress.

Bounties promotion have helped many projects that have good use case, those projects that died after few months of listing died because they have no good use case, OP I hope you do deep research on projects, you have too low knowledge about crypto, learn first

The managers aware about this and so many managers have already implemented the more verification to prevent the bot to join in the campaign. I rarely seen there was a bounty that was putting more than 2% from the total token sold. It's happening in the past but not for this year.

Crappy projects still needs bounty hunters help to spread news about their useless projects and when they list on an exchange and bounty hunters change their tokens to other coins the project quickly lose value and dump, what OP don't understand is that so many bounty projects are bad projects

Moozicore is a nice example. The amount of their bounty allocated tokens was greater than they sold during 3 or 4 rounds of IEO. When the tokens got listed and bounty hunters were allowed to withdraw tokens from dashboard, they immediately crashed the price.

But I cant say that the project was killed because of bounty. The team that developed tokenomics killed the project.

That's another project that was hyped by McAfee isn't it? Well I blame the team, among all the four exchanges they choose for IEO there is no single top exchange among the exchanges, it's possible that some must have warned the team about small exchanges, some team are too full of themselves

It can only be an assumption , there is no solid proofs to back this up.  You can go and do your research of all dead projects or underperforming project if it's Airdrop or bounty that made them died. A little percentage of the total supply is giving to bounty and Airdrop and it's just for marketing and not a giveaway. 

many people blame the reason for the price of coins / tokens to fall because of bounties or airdrop and about people selling fast or long ago it is the right of people who have got coins / tokens. we are still monitoring the progress of the projects that we follow even though the coins we get are already sold. then don't make that's as an excuse that bounties or airdrop will kill the project.

dump after distribution bounty is an investor game because with that they can make bounty hunter as a scapegoat, because at that time investors began to buy back. so it's not entirely a hunter's fault

I honestly don’t agree about airdrop and bounty programs “killing” the projects. However, too much giveaway in the form of their own tokens rather than in BTC, ETH, etc., is what “killed” them for good. I see that there are some projects who are having continuous token giveaways to the community, which made the price dump for good.

Although it’s good for promotional purposes, but they need to make some limitations and pre-qualify participants based on their influence and target market. Imagine if a Facebook social media participant keeps posting tasks on his timeline without any reactions and comments. That’s not giving value at all. Just my opinion.

what needs to know is that almost all projects always need a bounty to run the project, unless the project has a strong team and initial capital.
so it would be inappropriate for Bounty Hunter to be blamed for the destruction of a project, but, I don't think the project itself can do much in the crypto market.

Not all projects fail because of the bounty hunter, because the bounty bonus presentation is only a small part of the total number of tokens. I think the dev should be able to understand this problem, because there are certainly most bounty hunters who want to sell rewards when the tokens are on the market, and one of the steps is to lock the tokens to the bounty hunter and there are still many steps that can be done

Airdrop and bounty hunters are worked and they will get payment, so they can cell their own tokens or coins. If you see the few establish coin, they are not given us any bounty or airdrop. So, you think, it is actually for marketing process or management.       

Bounty hunters are paid for their work, team only pay what they can afford and that's not bounty hunters fault, whatever happened to a project isn't bounty hunters fault, it's the team fault for creating a project they can't handle

I agree with you, also why others always blame the bounty hunters the fact is when you look into the projects the percentage of bounty hunters to receive the reward is just small. Let's accept the facts it helps it to promote and a part of a successful project. Even they sell their token it's not the only bounty hunters at fault some investors sell the token.

I think its a nonsense accusation how can you say that when the bounty allocation is just a small portion of the total supply, and also the bounty payment was held many months before being distributed to the participants, and sometimes bounty hunters have not even paid for many months of promotion, for example, the project like DigitalBits they proud by not paying its early promoters, thats why don't be too harsh and blame bounty hunter they are only working to promote any project without any guarantee to be paid.

No, I'd disagree. Bounties and airdrops should be quite a small share of the overall distribution. Bounty/airdrop sellers can only crash the price if no-one else is trading, which suggests that the coin has a more fundamental problem. I think a bigger contributor is some of the big bonuses on offer to early buyers. These are essentially free coins, and can dwarf the amount paid as bounty or airdrop.

But bigger than both of these is the question of hardcap in the initial offering. If a realistic hardcap is set, this should mean that all tokens are sold... which means there are more buyers than there are coins available, which should lead to buy pressure when the coin starts trading, which should more than offset any initial sell pressure from bounty/airdrop/bonus holders.

Conversely, if no hardcap is set, or if pre-sale bonus is too high... then the opposite happens, there is a surplus of coins, there are more coins than buyers, anyone who wants the coin has it already... causing sell pressure and triggering price drops once the coin is tradable.

I've seen too many wrong accusations from few projects so I'm not surprised that some will accuse bounty hunters for killing their project, someone have to be blame and that's not the team themselves, anyways crap projects will continue to be a crap project

Bounty is actually small, some projects will give 1% of the total supply for bounty, but the problem is when there is no liquidity, that 1% will dump the market as basically bounty hunters are not investors, they work to earn so they will dump the moment they receive the reward.

It's expected, and I know the team knows that, but they just disregard it, they allow the project to have a bad start as it dump, and then later they will just leave the project, it looks like a basic style of scammers.

This is the most widely spread idea, but is totally wrong. Cpuld you tell me how 1% of the total token supply could cause the disaster? It is the team, that is responsible for the drop caused by no progress.

that makes sense. somehow they always blame the bounty hunter. In fact, even though it can cause prices to fall, there should be a wall of each transaction data at a certain price set by the team. Well, it's just that, because when bounties and airdrops are distributed, prices are always going down, the two participants are always blamed when prices fall.

Agree that lack of liquidity is a problem, but perhaps this is a consequence rather than a cause. Can't this be solved by the team setting a hardcap to sales somewhat below the anticipated level of demand? This would create buy pressure and work to raise the token price. If a project hits hardcap, then demand exceeds supply. There will be more people buying than there are bounty hunters selling.

It depends on how the team approaches the sale, and is why the absence of a hard cap - or a hard cap set extremely high - should be considered a warning sign.

AHAHAH yes, only crap project will blame bounty & airdrop hunter for their failed project and token price is dump, actually there  is always solution for solid project to avoid getting dumped by airdropper, solid project really appreceite airdropper and bounty hunter then buy the coin back from airdropper who has weak hand to hold thier token.
dont know why crap project doing airdrop campaign but at the end blamming them for destroy their project, SMH.

What about investors? Did they kill the project too by selling their share when they don't like it anymore? What about the team? Did they kill the project too by selling their share when they need to raise funds? Bounty and airdrop only a fraction of the total market cap of a project. If a project fails because just a fraction of these sold then that's a shit project.

There is only few % of total supply of tokens being giving away from airdrops and bounty and how come it would be able to affect the price once the airdropers and bounty hunters sell of the tokens they are holding? There are many aspects why the price is go down, don't blame it all in hunters and airdrops.

IF that is the case, there is no need to have a community supporting a new project. Kindly note that it is not every member of the community has the funds to partake in the project sales. Also not everyone has the funds to buy in an exchange. some members believe that their support to a community can earn them some tokens (through airdrops). so doing many HOLD on their precious token with hope to see it mature into their dream investment.

Marketers are meant to be paid for their Jobs well done. People work to be paid. it is not the business of the projects to decide what bounty hunters do with their rewards. besides, the tokons awarded to hunters is less than 1 to 2% of the total token supply.

In most cases it depends on the project before one can conclude that either the airdrop or bounty kills the project. If a project on its own is not good and does not have prospect for the investors, either the airdrop or the bounty of such project will not be good as well. So, if airdrop or bounty of a project is not good, it could be that the project is a scam or it lacks partners.What is important to look out for in a crypto project is what future prospect does the project have and how valuable is their coins. Sometimes as well,one may need to also find out who the partners with such projects are. Hence, either the airdrop or bounty of a crypto project could kill the project depending on such project.

If a bounty truely kill a project, why does the projects I participated before and now succeeded ? I think the price goes down is not because of the hunters. There are any other factors so let us also look at that way and have a fair judgement. Hunters are not the only part of that project. There are investors, did investors does a good thing always so they are not the one to blame ? How about the team behind the project ?

It looks like was didn't wanna try to count the investors that have been getting big bonuses as the main reason to create a dump for the project too.
When the team doesn't wanna do a lot of effort and that will make the project become a dead project with low or zero volume.

True, it's easier for a project team to kill a project on their own if they have enough funds and it meets their goal. If people lost interest in project then they could abandon it without anyone's care since the price also low. Sometimes, bounty or airdrop is just a ploy in their scheme.

I think what happened all this time was just like you said. The bounty and airdrop hunter are only scapegoats as a reason for the team to flee with all the investors' money.

Things like this have often been discussed in several previous topics. If the project is afraid of bounty or airdrop hunters, then don't do the program. And it is not the bounty hunter that makes the price dump, but it could be investors who sell in large quantities. Because the allocation for bounties and airdrops does not reach 5%. even the allocation is around 1-2%. If the project is good, of course many investors will be interested, so in this case the project will return to whether it is good or not.

Not all bounty hunters are dumpers, some of them are good holders, project supporters and have the ability to predict when to sell or not. Being tagged as a project killer is not fair at all because they have the right to sell or hold their tokens because that their rewards of their hardwork promoting a project into the community and help it to succeed in the crypto market. Having a bounty campaign or airdrop is part of the project's promotional campaign that's why, us hunters existed in this field.

Perhaps you do not understand what airdrop and bounty are and therefore think that they are killing the project. In fact, airdrop and bounty are ordinary advertising companies with the purpose of telling about the project and inviting everyone to buy a token or coins of a particular company. Accordingly, the participants of these companies are not obliged to keep tokens, since this is a one-time job for which each participant wants to receive money, as for ordinary work. The fact that companies fail is not because of the participants in the airdrop or bounty, but because the companies themselves do not want to pay or drain their token themselves, and blame the airdrop and bounty participants. If the problem was precisely in the airdrop and bounty participants, then why not pay them in BTC or ETH or USDT and then there will be no problems. But no! They do not want this, which means they themselves are to blame for creating such situations.

Most of the projects teams contributed to their failure when it come to airdrops and bounty. Hunters are humans and they can be control as well, to be able to control the market. There is no way you pay all the hunters the same day and still expect your tokens not getting dump as fast as your eyes can see. Pay the hunters and airdrops batch by batch can or will eliminate the arena of dumping from the project. After having a successful project either through the ICO or the IEO, distribution should be batch by batch to save your project from the dumpers.

If it’s based on ICO/IEO price than it’s just nothing allocation for hunters because you know after exchange listing a several times price will dump. And i think this allocation seems perfect  when it’s counted in the market price. All of the projects set over prices to sell tokens an ICO period. So those allocations aren’t worthy.                     

Bounty and Airdrop don't kill projects at all.Bounty and Airdrop make the project more popular and make strong community.And for any Crypto project a big and strong community is the most necessary.
Because you know about Bitcoin that if Bitcoin has no strong community then it wouldn't able to be most popular Crypto currency.

Airdrop maybe but bounty are very useful as they were used  it to spread their works. It was jus a little piece of share are given to bounty compared to the collected fund for the project. What was happened to some other coins was being dumped after listed to the exchange that many of the investors or big shareholders are pulled out their assets before it's too late or something that they need to get their money to target their expected profit.

Sometimes a similar opinion appears on the forum in the form of a new topic, in which TS shares his deep conclusions about what bounty hunters dump coin. Even if they sell their coins, then:
1) the amount of coins allocated to the bounty campaign is very small in order to bring down rate;
2) in the same way, investors and team members can dump course.

This has been discussed over and over again in this forum. There is nothing wrong with bounty hunters selling their tokens. What they are doing is what they are supposed to do. If the project fails, then you should blame the team that owns the project for not playing their roles perfectly.

Next you have to understand that investors are different from bounty hunters. Bounty hunters are like when you pay influencers on Twitter to promote a product or service for you. You’re paying them, they are not doing their job for free. So don’t count bounty hunters in this, they do their job and they take their payment and leave. The team that owns the project will have to do what it takes to retain their investors.

I quite agree with your point. How can bounty and airdrops kill projects when they are the means through which investors get to know more about projects. Whether a project will succeed or fail still depends on the team behind it

I don't really accept this fact because before a project decides to do bounty there's always a particular percentage allocated to bounty hunters or airdrop which is usually small portion and not all hunters dumps Thier token upon listing so I do not support the idea that only bounty hunters kills project.  Team dump sometimes and blame bounty hunters.

It's not same view for all project team, some know exactly how important bounty hunters are and some don't value bounty hunters, I just have that belief that bad projects are the only one putting blames on bounty hunters and airdroppers

This perception is very wrong. Bounty and airdrop don't kill projects. In fact, the purpose of these programs is to boost the community base, liquidity and enhance mass adoption of the said projects. Sometimes, hunters don't get rewarded for their efforts and in most cases, price dump before rewards are being distributed to hunters. What kills projects faster is lack of enough fund to further development and/or a pre-planned exit scam by the developers or project team.

And the allocation given for bounty campaigns or airdrop tends to be small, right? in my experience, it is only between 1-5% of the total allocation. Unfortunately, many blame the bounty hunter when a dump occurs, even though investors are also likely to do the same thing. If there is a good opportunity to sell, why not miss it? Is not it? if the project is really good and promising, there will definitely be other investors who buy tokens or coins, especially during a dump, the price is cheaper. Unfortunately, if the project is not potential, bounty hunters and investors will certainly be reluctant to become holders, and will soon sell it.

If that so then these new bounty projects should stop launching a bounty campaign so they can stop bounty hunters from killing the project, and let them hire big advertising and marketing companies and pay them with Bitcoin and other tradeable coins because these advertising and marketing companies will not accept their tokens.

Blame the project manager for not paying bounty hunters with Bitcoin or Ehereum that will save them from the dumping of their token but in the first place if the project is really that good there's really nothing to dump it's developers responsibility to always update their investors and bounty hunters.

if you think the bounty and airdrop kill ico project was not right for airdrop and bounty hunter only get 3% -5% allocation to them if they were blamed for every bounty and airdrop distribution low prices continue to fall it is simply not true if a project ico really nice and has a good future this sort of thing could not happen.

If bounties and airdrops kill the project, why in 2017 are the ICOs so shining? ICOs projects should not shine in 2017. We cannot hit evenly if the bounty and airdrop kill the project, you need to fully understand a project roadmap, there is also a lack of investment, or the project is not in demand which causes the project to fail. I understand because there are some users who justify that and that has happened, but their advertising management is also very bad which results in the destruction of the coin market. It all depends on the investment returns obtained by the project, if they get a large amount from investors, the bounty and airdrop issues will not interfere and vice versa.

Bounties makes many projects to be famous on social media, bounties attracts many investors, any one who complained about bounty hunters don't really understand how important bounty hunters are to new projects

I have a contrary opinion about this. Bounty hunting is what makes the general public know about a project. They promote the project to ensure that the investors know what they're investing into and what they will benefit in return. Rather than killing projects, bounty gives life to it

In my opinion, a bounty or airdrop helps in marketing a project to be better known among the community. indeed it is undeniable that sometimes a project dies because the price of the coin falls due to the hunters selling it from the payment of their work. But it is not their fault because they have the right to do that, it is entirely the responsibility of the token owner to have the initiative to find ways to overcome the problem. Not a few projects that can be said to be of good price even though they are doing the distribution to hunters. One example is the Cartesi project.

If Airdrops and Bounties are killing projects do you think that every new projects will launch bounty campaigns and airdrops? You aren't getting the whole thing mate, there are strong projects and weak projects, once weak projects failed in crypto market they will surely find a scape goat to blame

Really? Do you know how many crypto projects are standing strong after bounty hunters sold their own tokens? When dumps happened because bounty hunters sell coins it means the project have low volume and low liquidity, who is to be blame for that?

I don't think bounties and airdrops kill projects.Indeed, bounties and airdrops help a lot in advertising, marketing and spreading the projects to potential investors.Without bounties or airdrops, chances of a project to reach wide range of investors are smaller and it may even face the risk of not reaching softcap.To sum up, bounties and airdrops are necessary.If a project dies, it's because of it's too bad.

If you want your new project to prosper bounty Campaigns and Airdrop is the fastest ways to spread news about your projects potential, bounty and Airdrop hunters get paid for their jobs, it's very simple to understand, if team think it's always hunters fault for dumps they should consider usdt or Bitcoin for payment

I thjnk you're referring to the price dump after the bounty project has done. Well this is normal for some bounty projects that has already their tokens listed on an exchange. The tendency is after giving the rewards, the blame that the token price goes dump are bounty hunters and investors. Which is i think is very wrong. Because only few percent of tokens that are allocated to those bounty hunters.

Airdrop is not even close because Airdrop allocation from projects are much more lower than bounties allocations, so that's not a point at all, bounties can kill a project if the project have no good use and good demand, meaning that no one is buying and more people are selling

As an option for those who believe in unicorns and believe that bounty hunters are to blame for the dump project, there is a simple solution to the problem - paying for the bounty campaign in Ethereum or Bitcoin. But developers do not do this, because it is necessary to allocate real means of payment and not "wrappers" of their project, which only have to prove their worth in the market.

If a project is already not demanding it's better not to release bounty Campaigns for such project because the project will dump once trading begins on listed exchange, also I would like to warn bounty hunters to choose projects only because of their utilities not because of how much they will make.

nope, this is not true. The campaign and airdrop accounts account for about 0.1% - 0.5% of the total token supply, so when trading we only account for about 0.5% - 1% of the total transaction. With such a small number, how can it affect the whole price of the token? The important thing here is that there is no investor willing to buy it and when demand is low the price will decrease. That is the rule so far, investors are the ones who cause the big dump for projects' tokens.

Not really but these are 2 of the reasons why the price of the token plummet easily. In the end, the downward movement of the price of the token is inevitable. It cannot be avoided since investors and these bounty hunters and airdrop hunters are selling the token immediately for profit.

In the end, it will depend on the team if they will continue the project despite the price of the coin. There are some altcoins right now which are still in development even though the price of their coin went down very hard. Unfortunately there are some who turned out into a scam coin or dead coin because the price of it went down from its initial price when it first listed on an exchange.

I don't know about airdrop but the bounty campaign has a prize that can be said to be low.
for example, the allocation of tokens to bounties is not more than 3%, and sometimes some projects impose stages for distribution.
if indeed airdrop makes the price go down why do they distribute it in very large quantities, dev should consider before sharing it.

Most of the failure of those projects are always blamed on bounty campaigns not minding that only a small percentage of pool was allocated to them they wouldn't disclosed the outrageous and exorbitant bonuses issued to investors towards luring them to invest in that project, some of these investors dumped those coins when listed and make some profits while waiting for another opportunity.
Even airdroppers are allocated a small portion of bounty pool its sad that bounty that supposed to be well remunerated are at the receiving end of the failure of a project.

Airdrop and Bounty will never kill a project, only the team can kill it
As long as the team remains consistent in project development and continues to maintain its community well, the project will continue to live.

Look at Banano....
Banano is distributed in a free all the time, way through airdrops, contests, giveways, tipbots/competitions and faucet games.
And This ecosphere gets stronger every day..

Pretty less amount of people follow the social media handles of the projects and when the bounty participants start promoting the projects then actually a lot of people start following the project or at least the number get increased from the initial number of followers. Also we can say the same about the investors investing in the projects, they just want to get out of those dying coins and can sell their coins to the general public for a loss but the bounty participants actually know what their time is worth and then only sell their tokens if they think that the price is right for them to sell.

I think that's how you see it,but the right is that bounty or airdrop promotes a project,it makes the project to be known,now talking about price action, the reward for bounty hunters or airdroppers do not really have any effect to the total supply because the percentage of bounty pool is usually small and its effect on price will remain unnoticed.

Bounty helps the project by spreading the purpose and knowing about the project. There nothing we can do but to sell the tokens we got. It’s a reward for us after a month long campaign. Besides bounty allocation is just few percentage of the total supply which I don’t think it will be a big impact for the whole project. Airdrop is just a small reward for the early birds and also to give some free coins for their future users/holders.

If you know how important bounty hunters are you will understand that bounty hunters should be treated so fair in crypto world but still some projects team are too cruel, they treat hunters like hungry homeless beings, not all bounty hunters are smart if not I would advice them to start avoid mediocre projects that have less good use case

only bounty hunters  ? what about airdrop hunters  ?no  this doesnt offends me as a former airdrop hunter  but they should treat both equally because both hunters can help thier business grow .

 they thought those who work on these kind of jobs are already hungry and homeless ? lol no not  . we can eat and live without them   . we joined them because we wanted to help them , they didnt like that offer ? but we also want an incentives as a remembrance or souvenier   .

Many don't understand that bad projects will always end up with bad results even if bounty hunters help to promote the project, getting paid is what bounty hunters are after not what the project will become on future, we do our jobs and get paid for it

it is a basic thought that must be understood by everyone in a project. they shouldn't have to worry that their market will be destroyed when they have a good market. good projects have a strategy of how to keep their markets going and growing.

 bounty/airdrop  do not kill projects.  the approach of the projects themselves to the implementation of such processes is doing this. Well again if the project can be killed by just a single sale of bounty coins then this is a very weak project and perhaps it does not need to exist

the allocation given to bounties and airdrops is only around 3-5%, and I don't think it has a high effect on the decline in the price of the coin, which is very influential in it is investors with large capital.

The volume will come to the good project. The scam project will have no value as it has no good fundamental. People is really smart these days as they were only investing into the good project.
In fact so many projects were getting dead caused by various reasons, we can't judge the hunters as the main reason.

I dont agree with your opinion. From my perspective the project already allocate the amount of tokens for bounty program. It usually around 1-3% and this number is tiny. How about the rest of it? I think you cant blame bounty hunter for the price getting lower.

This particular topic as been addressed many times, bounty and Airdrop is not the one killing most project, almost all project share less than 10% of their token to Airdrop and bounty hunters when one solid investor can buy upto 10%, after Airdrop and bounty distribution, not all hunters will be willing to dump at a very ridiculous rate, which mean only like 4% of total supply will be dumped after distribution, hunters selling off 4% can't spoil any project with good volume on any exchange. Investors and the core team are the ones to be blame and not hunters.

well, I agree with what you say because I know that the price movement of cryptocurrency depends on the support of the developer and some investors, but most of all is from the developer, when there is no support from the developer it will make the price crumble, not the fault of the bounty participants or airdrop.

not a team or bounty and airdrop hunter that makes a project die. the inability of the project to compete with other projects that already exist in the market that makes them die. many projects die because they lose or don't have strong enough market support to grow and continue to support the project.

You are correct, bad projects team's always making excuse to delay bounty distribution and they think hunters tokens will destroy this project, so their ignorance in bounty payment issue. A little bit allocation as per as total token supply, so legit projects never go down due to bounty rewards.         

Bad projects from bad teams will always find lame excuses just like putting blame on bounty hunters for killing their own projects, honestly it's impossible because bounty hunters can't even control 50% of the project max supply, the highest that comes to bounty hunters is 0.1%

I can't agree with you on this matter. In crypto, publicity helps in many ways to make the project successful. The number of tokens that they receive for their works, it's not possible to damage the project. So basically airdrop and bounty are not responsible for any project kills. Furthermore, this helps the project succeed.

Suppose, bounty hunters and airdrop rewards don't sell to investors. New investors won't come for a low volume or zero volume. To a high development and strong team, one project has a high volume. Several projects promise to pay coins but after success they paid Ethereum in 2018 but the price is now below ICO rate.

Airdrops and Bounties aren't killing any projects, they simply get paid for promoting the project, if the project failed it's because the project use case isn't good enough, there will be low demand and once bounty hunters dump their tokens the value will collapse, this doesn't mean it's hunters fault, it means that the team don't implement better features

If I was a bounty and airdrop hunter, I would sell my share as soon as I got my hand on it too. You know what? They do it because the ICO sale or project doesn't give them a strong conviction about the price so they rather sell it. Don't want it? Better work on making that crypto project good.

A project uses near about 5% of their total token for bounty and airdrop. So it's an absurd idea that 5% holder can control the market value and can kill the project.

And you have made up your idea that the bounty hunter sells the token as soon as they got their coins of the bounty. That is also not true, at least it is not true for all the bounty hunters.

There are very few bounties that actually pay in BTC, ETH or other well established coin or currencies. The reason behind this is that the team doesn’t usually have enough of the funds in the first place for marketing and other stuff as its no cheap task. But what they can do it, pay the bounty hunters in their own coin which makes it way easier for the team to stay in their budget while carrying out the necessary publicity that they need for the project to become a success.

That’s true. The money that bounty hunters receive is their hard earned money which was allotted for completing various tasks and helping the project in marketing and publicity. So, they are free to make their own decision whether they want to sell or hold the coin. The amount of coins distributed in not too high, so even if it does affect the coin, its just a short term dump.

It basically depends on the potential of the project and how many huge investors it was able to attract during the whole campaign which makes it successful. The debate’s been going for so long on the topic whether airdrops and bounties make the price of the coin drop.

I would say yes, it does but it does not kill the project. Airdrops and bounties are necessary part to ensure successful marketing and advertisement of the project. Many people and investors stumble across the project due to the ongoing bounties and airdrops. Although it affects the price of the coin at the initial stage, but if the project has the potential and a steady use case, it will continue to grow in the long haul.

Most projects will sell their tokens and cause the price to collapse. These are bullshit and scam projects in this market, only a handful of projects collapsed by bounty, because they listed on small exchanges and no liquidity.

Every project have strategy they know that some of airdrop hunter and bounty hunter sell their rewards, But not all is like that there some few hunters that concern about the project. If we are serious about crypto we will not think only the instant earning, much better that we know how can you use what we earn to multiply it.

If the project is serious, of course they will maintain the liquidity of their tokens on the exchange, but what is happening on the project is now on average, the team is not doing anything, just keeping quiet and doing the same dumping is nonsense.

moreover if this project was good, holding for long time will give us multiple earning. most of bounty token value drop when reward distributed, and actually our work value not comparable with how long we work for it. if we able to wait several months again till developtment completed , token price will rise alot.

If we put it into perspective we will easily agree that this is not true. How can they when bounties and airdrops are used as sources of promotion for the projects to spread publicity. In the recent past, projects ran their promotions with campaigns paid in BTC and then hunters were spared the risk of getting scammed like most bounties do now. Again, when you even look at what participants get from airdrops and bounty allocations you will realize that it's very infinitesimal compared to the entire project budget and not capable of derailing or making a project collapse. One of the issues with bounties is project teams and devs who quickly dump their shares of the tokens once the token gets to an exchange. They do this and then allege that it's the hunters. Very shameful act, indeed.

If it was not for bounty hunters then the market of icos would have never gotten as big as it got back in the day, and if the developers behind those projects were responsible people then we could easily have a market with 10x the current market cap but since that is not the case not only we are trapped in the current market cap but the market of icos has suffered a blow so hard that it seems as if it is never going to recover as people have lost confidence in it.

this is mostly because the bounty hunters will do it for the money, the bounty hunters sell tokens after the project goes on the exchange, it is like the project is paying ads to the bounty hunters.

bounty Hunter or airdrop hunter they have done their job with hope, hopefully their efforts that for months can replace their fatigue during the Campaign. When ISO has successfully registered, they immediately disburse these funds to meet their needs. reasonable because he only has coins from the campaign to sell. if there are other coins, I think they would prefer to save coins from the Campaign, because that could be their investment.

Are you serious..? :D Bounty or airdrop don't kill projects. A project always killed by none experience team management. There are lots of great quality projects out there which run bounties/airdrops so it's a lame thing to blame on hunters for unsuccessful projects. If project have proper idea and experience team members then it'll grown up otherwise they'll blame hunters for cover their mistakes everytime.

Unfortunately many blame the bounty hunter because when they do that simultaneously it will cause a dump. In fact, there are many projects that can still maintain the price even though bounty hunters get a fair reward, like Tachyon. So, this all depends very much on the quality of the project, if a project easily argues to reduce or lock rewards from bounty hunters for dump reasons, it is certain that the project is not really ready to compete in this ecosystem.

Bounty and airdrop doesn't kill the project in fact it makes the project become more popular, but people are always do blaming bounty hunter earned token because some of them dump the token which leads the price to fall down. But if we are going to analized the problem is not in the bounty token it is really a small percent it cannot make the price fall in a long run. I think it is the investors who dump thier token that they bought in a very low amount because of huge discount.

I don't think so, the total prize allocated for the bounty is relatively small so there is no reason to blame the bounty hunter for the dump price.
if the project is indeed good it will not be a problem because it will only go down for a short while.
if that's the reason they shouldn't do airdrops or bounties.

Bounties does not kill the project nor airdrop, the one to blame should be the bounty hunters who want to have a quick buck or profit. Still it also depends on the project itself since the backbone of a project really depends on the IDEAS and EXECUTION of the team behind the project.

 I don't agree this topic, because bounties  & altcoins never kill any project. How we imagine the  project will  fail, wherever the project is still running in the market. Fluctuating of any project price depend on the  market conditions. It's the part of basically business in the market. I think so.

That thing actually happened a while ago when there are so many ICO projects which were created and almost there were no constraints to control dumping when they were listed but now, this thing is almost restricted by many different solutions and I see everything that seem to be more professional

Bounty or airdrop can't kill a cryptocurrency project. A project will die if the team doesn't have an idea about what they are doing. There is no point in blaming others or giving silly excuses to justify their own failure. I have been active here for more than 3.5 years. Not even once I have seen bounty campaigns (or airdrops) hurting a particular project.

This is so true! Sentence likes this makes me upset lol. As a bounty hunter, I don't see any reason why we have to kill a project that we dedicate our work to promote. Furthermore, some people think that because we immediately sell the token when we receive them leads to the dump of the project. That's nonsense! Bounty hunter is investor in some aspects, they have the right to decide what will they do with their assets!

In fact, it can still happen. If the project has no liquidity, I believe that bounty will cause the price to collapse. But I only see a few such projects because now every project regulates delays distribution to protect the price of the token.

No, we hunters are promoting the project to gain investors so we do not kill it. Let the hunters sell the token because that's their reward for their hard work.This could be very true for the less known projects that list on some low-liquidity exchanges. But you have to realize that quite a few top 50 CMC projects have held bounty campaigns in the past and now look at them, thriving.

Some people were assuming the dumping that created by the hunters will kill the project but they were missing the truth when so many times the hunters will always get nothing rather than a few bucks of money.
They have no clue about the real case that was happening before.

I think it is because the liquidity of their projects is small in exchange so it will be easy to kill when someone sells more, the core of the team cannot strengthen their tokens in the market so that it is easier to fall and cannot stand anymore.

Yeah, there are many coins that start dumping even before the airdrop and the bounty amount is released among the bounty hunters. The main reason behind this is the project team itself and the early investors that bought the coins in the ICO.

Sometimes the team sells a handful amount of coins to fund the project and even the early investors sell their coins to create a dump and then reinvest with cheaper prices. Therefore, there are many reasons for the price of the coin to fall and the project to become dead, not everything can be blamed on bounty campaigns and airdrops.

Why are both sides to blame?  This project also requires both parties to succeed in their goals, they have worked according to the orders and regulations that have been applied if they make a sale after they receive payment is a natural thing and it also makes sense if they demand after being paid but there is no price

Yes, the budget of bounty is very low. This year I see many bounty with a budget of $ 10-20k, but they are constantly delaying distribution and the reason is price protection. Amazingly, for such projects, if they want to protect the price, they can exchange the reward for ETH or stablecoin. But their decision is to postpone it indefinitely

Of course no, it is not true, because strong project supporting it token! also if even part of investors will think to sell their tokens it must not kill the project !!! They are collecting money to support the price of token too!

I do not agree with you, because the bounty or airdrop award is allocated a very modest percentage of the total amount. And the fact that even if the bounty hunters all merge this is not enough to lower the price to zero. And if the project is really good hunters can't kill the project. If the price does not grow back, then the project is not so good.

You're wrong. Here, as they say, "in skillful hands and the penis balalaika (Russian musical instrument)." Bounty is just a tool for presenting your project to the world. And who uses it how it is already a personal matter for everyone

I told to everyone that I got few USD in last year from several bounty hunting campaign. How this 10-20 USD valuable tokens can dump or kill the price of altcoins. I don't understand, in this forum several projects should now increase the new bounty. Rewards.

It depends on the project As a bounty hunter or airdropper you perform tasks to get that money so basically you are part of the contributors What you do with your coin is up to you i think

I agree any project that needs to protect the price of their coins by delaying the distribution of tokens to bounty hunters is not really a project that you should look into it, if the developers are worried about some bounty hunters selling a small amount of coins then this means they have no faith in their own project and they are just trying to keep up with the appearances, after all even if they do this a whale could always sell his coins and crash the market anyway and yet when that happens no one blames the whale.

Don't blame the hunters for project that loses value or become failed at the end ,because not all hunters are dumpers. Also the project team itself must do a better way and marketing strategy to make their project attractive not only for investors but to all who will use their tokens.

No need to wait for bounty hunter to demolish projects, I've seen many projects collapsed before distributing bounty. Like the Blockburn campaign, they have collapsed more than 200 times the IEO price although they have not yet distributed bounty. Obviously bounty doesn't affect too much on the project,

Bounties and Airdrops kills projects that doesn't need to exist in the first place, any project that get killed because of bounty hunters or airdrops hunters means they are bad Projects, it's simple as that

Its not their fault (bounty hunter) it's really expected that once the bounty hunter receives their coin/token from the campaign most of the bounty hunters dump their token before the token will be worthless.

I don't agree with you at all.Some project are destined to fall and you can't keep their price good.I am joining bounty and airdrop from 2018.I have seen numerous project which has a very good value after the distribution of airdrop.I will give you a example Hydro coin gave us 222222 Coin to all the participants and after receiving the coin its price was increased so much that people earn 2000$ from it.And there are countless of coin Hex coin ,Oikos coin ,Energy coin etc they distributed coin and price didn't fall but increased.And how can you promite your coin without airdrop or bounty.Actually project give us very little amount but they use us for their promotion.Just think without bounty or airdrop they will require very big amount to promote their project.

indeed bounty hunters and airdrop participants can have a monstrous influence on the price of tokens at the exchange but you have to know that not all of them are their fault, sometimes the collapse of the price of cryptocurrency is the influence of developers who do not provide full support for the projects being developed.

if seen from the allocation of tokens, then the tokens owned by bounty hunters and airdrop participants are not so many, and not so big have an influence if the team makes a wall big enough for that. I'm pretty sure the team can do it. it's just that many teams think that the participants will hold their tokens, so they don't think about it. bounty and airdrop can drop the project or not, it depends on the team.

These are just a few successful projects in this market. And for such success, they need to be of good quality and listed in the major exchanges in this market. If they only list on small exchanges and do not have liquidity, I believe the price will also collapse like many other projects.

for me everything that can generate added value for ourselves is a benefit and we need to do well.
Airdrop is connotation with not large yield value, but not all of it can be proven. but by following the airdrop and the rules that are made are also not difficult, actually it is natural that what we do in accordance with what we will get.

sometimes we underestimate the airdrop but when we do not know what we are doing is actually already at the umpteenth stage and the airdrop that we follow has shown an increase from the previous start. and that is the bend that we get by not underestimating that which is considered small.

Yeah, I don't really see why they are pointing fingers on bounty hunters or airdrops whose only have a small portion of total supply of the tokens. Investors and Team Developers have the most numbers of supply and that plays a big role in circulations and supplies in the market.

If the budget for bounty and airdrop is too large, it can cause the price of the token to collapse, but this only happens with the projects listed on the small exchanges in this market. If they are listed on larger exchanges and have a lot of volumes then the price will certainly be okay when bounty or airdrop is distributed.

How many projects destroyed for the bounty or airdrops? Have you any statistics? Without bounty, how many projects became successfull in ICO, or IEO except Binance Launchpad? Bounty plays a vital role for the success of a project. Without promotion, how will a new project sell tokens to the investors?

It's actually funny to say that bounty and Airdrop kills a project.Firstly, the airdrop and bounty tokens in most cases are a negligible amount of the total supply of the project. This implies that even if all the bounty hunters choose to dump, which is quite unlikely, the project will still do well.

Secondly, the team has an option of paying bounty hunters in any other recognised tokens, I know some projects pay hunters in Bitcoin, ethereum USDT and ripples. Bounty hunters even prefer to be paid in these tokens.

Thirdly, the hunters contribute a whole lot to bringing investors into the project and their impact is much more than the reward given.

But according to the schedule, Team and investor tokens will be locked for a long time. How can they sell it at the first stage of the project? If they do, it's a scam project and the price will definitely drop hundreds of times after being listed in exchanges.

I cannot agree with your statement, it's all about the quality of the project itself. If the demand on the market exchange is high or atleast decent enough, it would be able to cover the sell pressure from bountier & airdropper. Bounty and airdrop are advertise purposes, there's no such thing like free advertisement, it takes effort and worth to be payed out!

How many projects have been ruined?I think no project can be successful without Bounty.Hunters work hard for a project.In return you get a little payment.I think no project can be successful without digital marketing.So Bounty has to be important.

A project needs a bounty to campaign for the projects they are working on. Then, how can you think that the bounty will kill the project? The success and failure of a project is the hard work of the team and the good or not the project being worked on.

I'm not surprised if you think like that

I'm sure a project has calculated all the risks about some of the token allocated to bounty, only a few% for bounty and token to sell on ICO / IEO is greater
I think there is no problem with the bounty and airdrop

Sometimes the lowly ones are always to blame with so many speculations, aside from this, many bounty or airdrops efforts are missing due to the wrong manipulation behind the project, therefore, most needy people ended up in frustration due to the faulty development by the developer.

yes, even today, there are still quite a lot of projects that survive and develop even though they have shared their tokens with bounty hunters, or airdrops. after all, this is a project quality problem, if the project does not prepare it, then the project will be damaged because of 1 or 5% of the tokens that they share themselves.

You are right.Bounty and airdrop give the promotion the project needed. Then its depend on the project if project is good it will be super strong and if project is bad nobody can save them.And I have a question if bounty and project kill the project then why there are numerous bounty and airdrop?So is project CEO,manager or adviser wants to kill their own project?Thats my point bounty and airdrop give a boost to the project with the minimum cost.Thays why from the small project to big project keep an amount for the airdrop and bounty hunters.

I don't agree with your opinions. The project success totally depend on the project importance, value and through which exchange it goes live. I have seen many projects which price increased even after bounty payments Like HERO, Bosscoin, Kick token, OGN, etc. If the project has a wide scope in future and the team is promising and they have invested in big exchanges then the project never die.

Mismanagement and project supporters lacking faith and patience on the project. It is not just the bounty and airdrop participants should be blamed, I've seen a lot of projects where airdrop and bounty participants had became investors too because of the trust they had put on the project and the team. So, you can't put the blame one side only, the team always has something to do about it. If they provided security and timely on what they have speicified on their project timeline, project supporters will not leave the project.

Hero, Kicktoken indeed after paying bounty token tokens ther token UP, but after Altseason ended. Hero, Kicktoken project finally experienced a severe decline price of token, For Bosscoin, as far as i know the prizes from bounty can be sold after waiting for almost one year and at that time the price of the token was still pretty decent and yes it almost looks like case Bounty Hero and Kicktoken, For OGN I don't know what project this is, you mean OGN (Origin Protocol) or other projects?

This is a perspective that needs to change, bounty and airdrop participants care more about any project than you would imagine; because no body wants to work for free, bounty hunters do thorough research before selecting projects to promote; and then promotion is done superbly to such an extent that the project token price and value grows tremendously. That aside, bounty or airdrop allocation are always 1-3% of a token total supply; and you want me to believe that hunters dump token ?

If a project price falls terribly; it is due to the fact that it was mismanaged or simply not good enough to maintain good value.

yes, bounty allocation usually only around 0,5% from total token and if compared to total supply its should not give negative impact to its price when bounty reward dumped. but sometimes investors do not think smart, influenced to bounty hunter action dumping token  and ofcourse token that come from investors dumped too and its effect not only 0,5% but more of that.

I have been involved in bounty for many years, and I noticed that bounty implementation projects are bullshit projects, and most of them are scams. In the long term, the project will collapse many times and the development team abandons the project. And I agree with you, bounty and airdrop do not kill the project, it helps the project become more widespread and popular in this market at a very low cost compared to other forms of marketing.

Unfortunately this notion is getting more and more popular because some of the better projects in the market now are not offering bounties or airdrops and people are trying to find a reason for why this is happening and they are trying to blame bounty hunters for the dismissal of a project, but the truth is that what we're seeing is that the better projects are realizing that they do not really need bounties anymore and instead they are promoting themselves in exchanges from the beginning so they can capture the attention of people that are interested in cryptocurrencies and that have a lot of money on their hands.

Your opinion are wrong, have you seen some success project that has bounty campaign ?
Sometimes i have a little regret because there are several campaigns which i missed and didn't participate on, the token price is very high now.
AWC token is one of the example.
My opinion is, bounty and airdrops doesn't kill the project. If the project is good, even if there is bounty and airdrop, it will become success one day.

You are right, if the bounty and airdrop kill the project, of course, the team will not do and make a bounty or airdrop campaign. but the reality is that the development team still believes in an effective way of disseminating their project information.

bounty and airdrop have become a program for crypto currency projects, this is because of tradition,
this is what makes crypto currencies unique, therefore this program is not to kill, but to become strong

Talk of the amount of tokens normally allocated to bounty and airdrop, they can't be compared with the team allocation or investors allocation or as a whole, the overall token supply. Bounty and airdrop allocation are usually very minute and if the project is properly managed, this allocation when distributed does not cause any massive drop in price or the death of the project. Leave out bounty and airdrop when you are stating the cause of death of any project.

I have zero belief that any of the above kills a project. Airdrops and bounties get introduced and used as a marketing and community growth tool for a reason and they work effectively. Any project that cites a reason, accusing Airdrops or bounties as a reason for their failure simply hasn't done enough to develop the project sufficiently.

This is true it is not only the bounty participants who kills the project. Actually it's been discussed before and a lot of factors kills the project. There's also investors who do not have the trust and patience that able to sell their coins. Once a project is legitimate price will rise in the market.

the dev team held a bounty campaign to provide support for the promotion of their project, to attract investors. Bounty Hunter should be a supporter of the success of the project, right? but many blame the bounty hunter when the price dumps after distribution, even though the allocation for the bounty hunter is quite small. when a small part of it can affect the market and cannot recover, it means that many investors and other supporters who leave the project, could be because it is no longer profitable in the long run.

in my opinion you are wrong, because if the project is really good, then the price will definitely continue to increase, so bounty and airdrop cannot kill the project, because what can kill the project is the project itself, so if the project has a good idea and there is progress on the project, then investors will continue to invest in the project and make the price of the project will increase very high.

The price will go to the bottom when there was no enough volume in the market but you should remember the different thing was also happening with the project too. There were so many reasons why the dump can happen but people just take or focus into the one reason that I think that's not fair.

Sorry, if I'm giving an example from this running campaign than Bounty allocation is only 0.05 percent which allocation can't dump the whole market. Currently, any bounty allocation isn't more than 1 percent. I saw only a huge allocation in Koinpro exchange bounty and "Dogdata" (2%)bounty. Dogdata prices extremely fell before distribution, so who did that?

No one can ever kill a good project. Besides, bounty and airdrops are promote service, so hunters can never be involved in the death of a project. If there is a very good volume and price from the beginning of a project, then the tokens of hunters can do nothing and not all hunters sell at low prices. A good project has many plans to give hunters tokens, so a good projects will always be alive.

I agree! Nobody can kill a project except the project team itself. A good project will survive despite any external effects! You're right that bounty campaigns and aidrops are the promoting services. Do you really think that us - bounty hunters will spend time to destroy your project? Well, it's not beneficial when we do it! Then why we have to do that? We just do our jobs and then get the reward. After that, anything that we decide to do with the reward is our right!

Saying bounties and Airdrops kills projects is complete nonsense, bounties are the reasons why some projects became very popular, bounties is one of the best marketing strategy that spreads words and news over social media to attract investors

This allegation is old and we are way past that. Any project that is still paying their hunters in their token should accept whatever comes. USDT, ETH, etc is still very acceptable of paying hunters, that way, they value of the project still stands
We are know that bounty is the best and indispensable way of marketing the project to create awareness and more investors.

This is not a good reason. How come a small percentage of giveaway tokens will kill a project? Its unlikely to happen and if ever thats the reason then its not a good or potential project. Imagine if airdrop or bounty tokens were dumped the project dead? Usually they only gave away 1% of budget versus how many percent of the investors had. Silly idead. This is depend on the project if its goof then it will not waive for the dumped.

Bounties and airdrops are not the real killer but investors and stupid ideas from the team, they give up huge discounts for investors that makes investors to dump right after trading starts on exchanges, the actual percentage of token allocation for Airdrops and Bounties isn't enough to kill a project, it's the team fault

That's true! The allocation of give away token is too small compared to the total supply tokens of the projects. To be fair, even if every bounty hunter sells the tokens immediately after receiving it, it doesn't affect the project too much. Furthermore, bounty hunters have the right to do anything with their assets! How can you control what others do with their assets?

literally not because they have budgeted tokens that will be given to the airdrop and bounty, usually not more than 5%, even the DIA bounty that I see they only give 0.1% of the total supply for the bounty which initially from 0.2% later downgraded (maybe negotiations between team members and investors)

DIA is a DeFi project that is well made and popular too, the bounty allocation is very small but will end up worthy because the private sale ends at 0.75$ meaning the token will have impressive or massive value, DIA will be the best after AVAX

Deliberately blame on bounty or airdrop project doesn’t right thought come to an conclusion.

Bounty will affect the price for sure after it ends because the hunters will just dump it right away, the coin must have a good volume like 1M+ to not get affected much, projects can just pay in other coins like bitcoin or ethereum instead to preserve the price of their own token.

Actually depends on the project. Not only bounty hunters kill the project but also the team members kill the project. If team members are smart enough then there is no way. They can distribute tokens monthly based. If you research that some projects had buy buck policy. So that they can stop the dump. So I will tell that if team is weak and the project is bad then the project will die otherwise no.

Please note,dead projects are not the fault of the airdroppers or bounty hunter, they worked their ass out to earn it, so they have every right to dump the coin any time they wish ;),so don't blame bounty hunters for any failed project, its not their fault,rather blame it on the team who own the project.

I have seen in most cases after this massive dump by the bounty hunters on the first day when the token is newly listed on exchanges,the next few days the coin starts pumping massively too,don't forget the bounty hunters where advertising the token during the bounty time, so it would have surely gotten some attentions.

the reality is, sometimes the token bounty is distributed after 3 months the project is running. if the project has a good wall, and also a good interest in the user, then I don't think the token from the bounty will make a bad dump. Well, it's just that, because sometimes there is no volume for a project, it makes the project die because of the token from the bounty. however, many projects have gone through a crisis because of the sale of bounty hunters.

Prices may collapse if they have no liquidity, but if it's a good project then I believe prices will rise again in the future. I have seen many projects blaming bounty and these are really weak projects in this market

Good point, if there's a good barrier that the team provide anticipating the dumped coming from the hunters, the value of the coin
won't go that down too much. It's very important how the team really cares about their projects.

It always implied from how good the developers handled the marketing and how the community will support the project,.

If they list at small exchanges and have no liquidity, or their liquidity is less than $ 20k per day, I believe that bounty will cause the price to collapse many times. So bounty can still cause the project to crash if they list it in the small exchanges on this market.

Why bounty hunters will cares about projects token. They work for token and after that it's his/her decision to hold that coin or sell that coin. If project give hunters 50% fiat money or btc/eth payment and 50% project token for hunters work then hunters might be consider about that. But after all a bounty hunter work for money, right..? There are lots of projects we see everyday which start with hype and after token sell project token price dump by team them self so why not bounty hunters sell their coin..? And i don't think it's bounty hunters fault if a project fail for their own mistake.

Totally disagged. Every project provide around 1% token/coin from their supply for bounty hunters. So this is ridiculous, bounty hunter can down the market with those 1% supply  ;D it's mainly depends on how good the project is

Can't agree with you mate. How can bounty or airdrop kill a project when the percentage of Allocation is very small for them. after distribution, market may dump but that's for short time. Price will recover easily if the project has strong foundation & development

Bounty allocation can very from project to project, but in most cases the bounty pool will be around 0.5% to 2% of the total budget. Even if we assume that half of all the bounty hunters dump their tokens as soon as they get them, is it really possible to crash the prices with just 0.25% to 1% of all the tokens in circulation? IMO, it is the project team which does most of the dumping. And in the end the blame falls on the bounty hunters.

There was another fact too that mostly the hunters were also holding their tokens. This is the truth that if the dump that caused by the hunters are not a true story at all as long as it has enough daily trade volume and everything will be fine.,

Only a low percentage of their token are being provided by a project to supply the bounty hunters, that is why if most bounty hunters will sell all of their tokens it will only have a low effect on their market price. Also, bounty projects and airdrops is also a good way to advertise and promote their project, that is why it is not a way to kill projects.

it's true that not all bounty hunters will get rid of tokens that they get quickly. even when it has decreased then what happens and becomes the main choice is to hold their tokens. in some situations, the bounty hunter is always used as an excuse for a market collapse.

Maybe you are right for that, most of them always blame prize hunters for bad prices on the market, I'm sure this is just a manipulation of the team to take big profits, if they are really serious about their project, they can fix it for the tokens set to be stable , so things like this do not need to worry for all their investors.

A project with a solid fundament and a real usecase won't be killed by an airdrop or a bounty campaign.
If you are just another shitcoin with no real purpose and do a bounty where you give out 10% of your supply or more via an airdrop or a bounty, then of course it will hurt your project.
But those project would die anyways.
If you are a solid project than i think a bounty campaign can help to raise awareness for your project and if you allocate 1% of the total supply or less for it, then it's also not very risky thing to do.

I think not  bounty campaign and airdrop kill some project but also their team make some project have bad result after listing on exchange market, almost all project have allocation more than 50% for their team developer and only 2% giving for bounty reward, did you imagine how can 2% allocation coin supply could make price down.

Not many current projects can spend $ 50k for a bounty, I see the popular level is under $ 30k. Projects that promised to bounty hundreds of thousands of dollars were either failed or listed on small exchanges with very weak liquidity and the price was divided dozens of times compared to the price they suggested in bounty.

Yes i am also looked most of the popular bounty campaign has declared their bounty campaign budget about 30k USD to spend where there whole project volume are not contains a fair amount neither reach the near of their bounty campaign budget and when they go to listed on any exchanges and start trading their the project price and actual price couldn't be matched due to lots of reasons there having a gap between the actual market capital/liquidity and their coin supply.That's the main reason of getting unsuccessful a coin. Lots in few times.

no, bounties and airdrops never kill projects, tokens for bounties and airdrops are less than 2%, while the bonuses that investors get are far more than the bounty and airdrop allocations. those who dump on the exchange are of course investors, but if the project is good and there is a lot of demand in the market, the project will not experience a dump

Mate, you have a lack of research or experience, try to research before making a statement like this. Nowadays, bounty allocation not greater than 1% or 20-50K USD, So, if hunters sell their token, how can a project die for 1% of total supply? Many projects paid their hunters full at one time, and they are still growing stronger! So, you are wrong, bounty campaign is to promote a crypto project, not to kill it!

The hunters needed a lot of time before their can receive their payments too and then that doesn't make sense to attack the hunters that become the main causes for all of the dumps that happened in altcoins. Some people have made wrong accusations about this.

You need to also look at the revise side. I mean two issues here :
One is, if bounty hunters don't make advertisement for the ICO via different channels, example through signature, social media accounts, blogs, articles, videos etc many people won't hear the project.
Two, ICO developers should have use case projects and with such projects, no matter the dump after distribution of tokens, the token won't drop totally but would have corrections from the drop until it exhaust the dump from hunters and other investors before it would fly. And some nice projects won't even drop with dump, example, cartesi.
The third is listing in good exchange.

Agreed. That's how hunters lost hope and does not trust projects anymore. On the other side, projects can not do anything without bounty hunters because, at the end of the day - those people, willing to be the first on the market to help projects & work for tokens, are the best foundation of the community and user database.

Hope things gonna change because trust is the main value of the blockchain tech.

I don't believe that bounty and airdrop will kill then project . Every project needs some kind of marketing to get to the audience and bounty is one of the proven way to reach the crypto community easily . So I would say they are necessary.

work, and when received the tokens, then everyone wants to encash their rewards to sold out the altcoins. Still, most of the projects not paying in advance before the launch of altcoins are paying after many months of launch, and some are not paying even after many years, so this is the wrong perception about bounty hunter or airdrop holder kill the project.

Seriously, if the project has no liquidity, I believe it also collapsed by the few tokens you sold. I have seen many projects that only have $ 500-1000 volume per day and you want to sell $ 20k, the price will definitely decrease many times

Obviously when someone works so hard for so many months, he deserve to get his payment on time. That's why I have always argued that at least a small part of the payment (10% or 20%) may be paid in ETH/BTC/USDT. That would give some consolation to the bounty hunters. The bounty hunters are the group which suffers maximum loses when a project fails. Their effort is wasted.

Private investors kill projects more than bounty hunters, they buy their token on private rounds with price couple time less than public sale, then sell it on the exchange and take their profit and general investors incur losses. Bounty hunters have only small percent from pool but privat investors have much bigger amount of tokens and affect the price much more.

But 99% of those projects will delay distribution, they will find many different reasons to delay it. Like the blockburn campaign I participated in, they delayed it for 6 months and now continue to extend it. It's a bounty hunter abuse and we need a way to deal with it

This is the fact! Bounty hunters only receive a small allocation of the tokens, how can they kill the project by selling those small amount? Furthermore, as a bounty hunter, I have to say that there is no reason for us to destroy a project, it doesn't bring any benefits for us. We only focus on doing our jobs, then after receiving the rewards, we have the right to decide whether to hold or to sell them!

In my opinion, bounty and airdrop hunters didn't kill the project.
They just want their rewards after doing task.
If you think kill project is the fall of price after list exchange, there is not bounty/airdrop hunters fault.
Because most of crypto project is like that.

Not at all. How come you can based the survival of the project on bounty and airdrop dropped? Thats an irationale reasoning. If a project is really good they will not be affected by the dumped of the tokens. They could strategy a way on how dumping would avoid like some projects did on tokoin, cartesi and dia. They all distributed on a timely manner to avoid simultaneously dropped from bounty. Well not a bad idea and also can be tolerated by understanding hunters.

For me, who do bounty campaign and airdrops and sometime make research about the project, allocation on bounty campaign is very small. Bigger allocation is on presale and bonus for who buy in a certain time.  And sometimes, investor who think that they already take profit even with ICO price because they get more tokens when buy it earlier, will sell all of their tokens and it is a big amount of money.

I dont think bounty hunters kill the project in the contrary bounty hunters have played a greater part in order for the project to be successful. Especially if lot of bounty hunters joined the project, the project has big potential to be successful. Anyway if the project ends and the token received will sold byt the hunters maybe this is not the reason why the project killed, it depends upon the team behind the projects. This is only in my own opinion.

Discounts kill most of the projects to be honest, project team give attractive 30% even 50% offers for early investors, those people are the one dump the tokens straight away when it listed on exchange.If bounties seems killing the project then better the project pay in bitcoin so there won't be any dump on the token's price from hunters.

You have a point in your opinion but I cannot totally agree with you because I can see that you are still a newbie in terms of marketing side.

Airdrops and bounties are part of marketing plan meaning their allocation is already set from the start of the project and the team will make
sure that their allocation for that type of marketing will not affect the entire price of their coins/tokens once it will reach the exchange.

Most of the budget for bounties and airdrops are ranging from 2-4% only of the total supply, even all the bounty hunters will sell their share do you think it can affect the price that much?
The answer is no, those project who fail to maintain their price upon reaching the exchange are usually a shit projects. Either the team will dump their share or their big investors will dump their investment.

Great that makes a lot of projects destroyed because they give a lot of bonuses to investors at the beginning, the bonus should not be given that much, only need to use a 10-20% bonus is enough to get the profit from the assets invested.

I also believe that bounty hunters like us are one of the vital force to make a project succeed in the market despite the negativity of people calling us dumpers or project killers. Infact, hunters are just doing the job and claiming the rewards what they deserves most and that's token rewards. We can decide it to sell or hold, it really depends of the minds of  other hunters what they gonna do about it.

Bounty hunters are only join in domino effect when the price of token is being dumped and this thing is one of purposes of whale to acquire more tokens.
And of course, dump or pump is the game of whales.

Bounty and airdrop cannot kill the project, if the project is good and listed on major exchanges it won't be a problem. Prices will never collapse when they make distribution, but for bullshit projects with no liquidity, the price will certainly drop many times.

Only weak developers are doing the accusations because they need to find someone to blame for their failure, a good project will not blame bounty hunters because the price will eventually get up if investors see that the project has potential, it's a very old alibi that just don't die.

Bounty and airdrop is a kind of advertisement and because of the bounty many people will know more about the project and how it works, so i think doing bounty cannot kill the project it helps the project move to the next level of popularity and many investors will invest into it. The bounty token will not make the price drop because it is only a small percent of the whole supply so i dont think that dumping tokens an kill the project.

Indeed, we do not need to be too concerned about such projects. If they are good enough and can thrive, the project will never fail to distribute tokens to bounty. And if they think that it will cause the project to collapse then they can choose to pay with ETH or USDT, it will be much better.

Just realized, that airdrop is just like giving flyers or booklets. They are just a way of informative commercial. How can this possible do harm to a project? If a project have billions of tokens in supply, how can giving one or two kill it? I've never heard that airdrop somehow killed or harmed any project.

I'm glad that I don't share the same thinking with you, OP. If anyone working in marketing or as a manager, they will know that airdrop and bounty are just a way to promote a new project. Price going low after bounty and airdrop or we called 'bounty dump' is not a new thing and not solely because of airdrop and bounty hunter as they just hold a percent of the coin.

Yes, if bounty and airdrop kill the project, then surely they will not use this method to promote their project. And given the current situation, bounty and airdrop only have a budget of $ 10-30k it's too little to make the project crash.

You know don't blame too much the hunters and airdrop hunter because if the team member of the project has a full support to their project with effective marketing strategy ,their coins or tokens will not lose it's value. I already saw that on other projects that after the dump it pump again.Also a very small percentage of allocation goes to the campaign and airdrop,not too much to dump the token permanently.

Some people may not understand the concept of bounty and airdrop and that's why they were blaming it without tried to know more about that. In my view if how strong the project will depend on how much the demand that has already received and in this case strong means about how big the support to eat the tokens that will come from the hunters.

Ask yourself this: Does one or two or maybe even three Bitcoin could crash a project? Cause that's the bounty fund for most of the bounty programs. Bounty hunters don't get much from bounty program so if you think they are able to crash or making a price go low then you're out of your mind. Maybe they have some impact for a very small cap coin with maybe a few bitcoin for 24h trading volume but other than that, no.

If bounties and airdrops killed any possibility for a project to be successful then why we see so many projects still use this model to promote their coins? This is because it is effective and it helps them to spread awareness of their own project, as such it is obvious that bounties and airdrops do not really damage a project and instead help it, but this notion is getting more and more popular because there is a resentment against bounty hunters because they get some coins without investing money, but those investors that are mad at them do not realize that they are investing their time and that is even more valuable.

i don't know what you said above buddy, because in my opinion bounty hunters helping the project
and not all people will sell their rewards as soon as possible when the got it

Putting blame on bounty hunters does not worth it. There are projects that pay bounty hunters in stablecoin or already established and better still, listed coin to avoid blaming anyone on whatever happens to their projects. At least, we all are here in this space and so many time, we have witnessed bounty projects that paid bounty hunters and airdropers huge amount of fund and yet, they keep rising in rpice.

Even though I hate to admit it, the reality is like that. Most bounty hunters sell immediately after the tokens are distributed.
This makes the price dump as soon as the open trade is running, therefore the team developers decide to lock the tokens after
distribution. In order for the softcap or hardcap target to be achieved, to prevent dump tokens prices when opening trades.

I believe bounty and airdrop will not kill the project because the percentage reward are to little. In my experience most of the dumpers are the workers or the employee of the project because the salary payment that they received is the tokens of the project thats the big reason I think. Beside the bounty hunters are promoting the project and before getting airdrop token most of the time it needs a referral by that it also helps the project by spreading it.

In this matter I don't agree with your statement, what are your thoughts on those projects which have been failed after few months of listing and the interesting thing is these projects had bounties and airdrops programs which haven't been distributed ever, there were many projects like this in the past which was unsuccessful because of team not because of bounty and airdrop participants.

I think so bounties and airdrops do not kill the project but both help the project to mass adopt quickly and get the attention of many people
maybe the side effect is the dump price for a while but the price will stabilize again and experience price correction
that's what i believe

Everything that happens in the project is the work of the team itself, not the bounty participant, because each bounty participant must follow the rules of the project team not the other way around, so it would be very wrong if in this case we blame the bounty participants.

It is just comfortable for people to blame bounty hunters for the dump of the coin price. these are ridiculous accusations. but if I see a bounty campaign that gives a very large reward, I do not participate in this campaign

To me, Bounty and airdrops help propagate the good features and product of such project to the general public on every crypto currency social media news feed, how does that kill the project?

Moreover, the marketing program was not forced, each project team decides to run an Airdrop or Bounty campaign itself

bounty and Airdrop means effective marketing. people are posting into their social media. Facebook, twitter and into this forum. Keep it in mind that every project allocate small amount of their token into bounty campaign and into other marketing campaigns. We are real people who promote the product into selected audience with lowest wages. Investors invest money and we invest our interest and time. But what if single people creates multiple accounts in multiple platforms? some of the bounty hunters do the same. these sort people are greedy and dishonest. If there is any project that unfortunately have numerous frauds into their promotion, those project may face some difficulties. Again as the project only share very little amount, this is not a big deal

I know for sure, you must be new in cryptocurrency and just know about bounty and airdrops.
Have you seen some success projects that were having bounty and airdrop ? look atomic wallet project.
The most important is the project itself, their token price wouldn't dump if they were a good project, the team could do something to make it success.

no. bounty and airdrop will not kill the project because the token for the bounty is not more than 2% of the total supply. Even the bounty allocation is only 0.05% of the total supply, the occurrence of a dump in the exchange means that the project is not in demand

It kills tokens IF it is managed incorrectly! You have to think of the bounty/token fraction and the current token econmics:
Is the token new?
Is there volume for its trading?
Is it higher or lower than ico price?

In most cases it should be released slowly ,step by step or even locked up for a year till the token pick ups steam.

Hunters are helping the project so much and this can't be denied. When the manager has been using a proper method for the distribution and it will not affect the market. I think everyone should have seen arcs distribution by the bounty detective.

As much as I would have loved to agree with you but I can't. I would rather say the greedy lots that you all regard to as strong hands drag the price down to buy from these people. They bid low price to take advantage of hunters over a long period of time and you expect the project to just spring up in price to the highest?

You should rather blame the greedy low buying price bidders than the poor hunters who are robbed of their hard earned tokens in the process.

I also don't know what you have in mind, why do you think that bounties and airdrops can kill the project? actually I understand that you think like that because you registered May 06, 2020 so you still don't know much about the market

I hate that I object to your opinion but I also want to prove the fact that bounty or airdrop cannot affect a project, even if the developers lock the tokens, the value of the project will probably go down and the project starts to die easily, the reason lies in investors and developers, especially developers, who just want to sell their tokens and accumulate money and jump to another project. While those participating in the bounty and airdrop were the ones who were harmed, received no reward and was criticized for dumping

That's a reward commensurate with the project development team, because most project development teams after completing their ICO / IEO don't care about the future of the token so many airdrop and bounty participants sell their tokens because they believe the token has no future.

Before I also looked for the airdrop, there was a time that my bestfriend send me a direct message to let me know that there was airdrop then we will apply. Until now we are still into bounty even though I stopped he’s still there to guide me. They are not killing project instead they just want to rewards themselves for what they work for. It’s normal in some hunter.

Yep, he knows nothing about the market and doesn't understand the bounty problem. Bounty cannot kill a project, like the OKS campaign. They had a successful campaign and distributed the tokens to all participants, but after that the price still went up and the price is now 2 times higher than before.

I think it can be said to be true and not. It is said that it is true that if the token results obtained from the bounty and airdrop cause the token price to fall, it is said to be wrong because the presentation of the total number of bounty coins with the total number of coins is only small. If the project has good prospects and future, it should be that once the bounty hunters sell their coins obtained from the bounty and airdrop it is an advantage for investors to invest, so that one day they can raise the price again. I think it all depends on the project's marketing strategy

Only bullshit projects blame for the bounty that causes the downfall of their project. In the year 2020 I have seen many such projects, the price is reduced many times even though the bounty budget is only very low. Even they haven't distributed the bounty yet and repeatedly postponed it, it's obviously crap projects and no liquidity.

I beg to disagree with this sentiment, I am doing bounty campaigns as well and for me bounty campaigns are helping a project to be patronize and to have investors by promoting their project to get a hype in order for them to have a successful outcome.

Projects dying or successful is not based on airdroppers or bounty hunters, it's poor management or intended scam From the team. Airdroppers and Bounty hunters get to hold some reward to an extent with the hope of being successful someday a d get dumped on by the team. So in my own opinion, airdroppers and Bounty hunters actually meant well by promoting and making it successful rather than killing it.

only fool people said bounty campaign kill project.  i am agree with your opinion , bounty campaign create awarness to project and help them to be known by many investors.if we look at bounty allocation , it just very small allocation . only around 0,5% from total supply and many people said it make project dumped in market.

I agree with you, bounty hunters do not care about the price of a coin, when they get a gift from the bounty they are following at that time they sell their coins without thinking. And that causes the price of coins to crash.

Hopefully the bounty hunters will be wise in selling their coins, even though it is their right, but it is very detrimental to many people.

But sometimes many teams underestimate bounty promotions when they have succeeded in attracting investors to generate funds but on the other hand it is good so I think bounties are also very important in a project that has just been launched in earnest.

Bounty hunters don't kill project what kills project is lack of use case and demand for the tokens. Most projects lack foundation and real use case, the only persons that needs the tokens are bounty hunters who are participating in the project campaign and after the campaign is over they receive the tokens and need something much higher. The project needs to create a need for their tokens that's what would translate to value.

It depends upon the developer so that if they still care to the group I think all are blessed because bounty hunters are still fine even though they feel more on  difficulties to ride to get the expected reward.

that's normal. someone sells coins from the bounty proceeds of course to make up for their hard work as long as they promote the bounty project. but in my opinion it is not just bounty hunters who do that and it can happen for early investors who already get their tokens first.

That's not what actually kills project, this is another factor but not the actual killer and dump in price. In the world if cryptocurrency, market volume and volatility exchange is more important because it maintains the stability of price and avoid dumps of price.
If a crypto project is listed on a low exchange meaning that hunters and airdropers kills it because there is no constant buy order, so conclusively, low volume market kills project also.

Not all bounty hunters sell their token as soon as they receive it. Like me, I never sell them too soon because I'm still waiting for the chance to go up. So bounty never kills or crashes the project. It may cause the project to collapse in a short time but will recover soon after if the project has liquidity.

Most to be blamed are the developers, first, they sold the token from private investors before opening the actual sales, those investors will automatically sell once the token are already listed from exchange, taking their profits by risking their money. They are also not to be blame as they also take the risk, it's all with the developers if they will not continue the progress the project will die and it isn't because of hunters but because there's no interest that come along.

Now bounty has become just a good tradition, the main investments in projects come through large investors, and small buyers of tokens, as a rule, do not affect anything. But this only works in honest projects. If the project is fraudulent, then social networks are a good environment for the spread of scam infections

 I do not think this is true , Bounty hunters promote and publicize project then how come they are the ones killing ? Although some people think hunters or airdroppers do dump their token which leads to a dump in the price of such token . from my experience so far i can say that projects that are not serious will dump with or without huinters and the good projects with a strong team will survive and be able to control price of token  also with or without hunters

Big investors also can leave the projects. Huge pump of 2018 also dump, last of 2018. Now new investors are coming, so if one leaves the projects, more will be invested. From the beginning of 2018, investors started to leave cryptocurrency then the price was down. Bounty and Airdrop hunters are a little part of this evolution. It's now so easy to kill a project by only hunters.

when a project has a bounty campaign program, it will make the collection of funds faster but if the price falls then it is the influence of the project developer who does not have good development so that the price collapses like that, because so far as I know cryptocurrency price movements must have developments its good to have a good price on the exchange.

To make you realize first before saying such things,
Bounty hunters do hold only a little amount of the supply(meaning, it is divided among all of them) in the end of the campaign. It is only around 1-2% of the total supply depends on the allocated funds for the bounty campaign. So, I don't think that this little percentage will really affect the market. It's just that, they want to put the blame to hunters instead of blaming the team itself who had the most huge percentage of supply in their bags.

Are you for real mate, How can Bounty or Airdrop kill a project where the highest allocation given to Bounty is mostly from 2% of the total token, a project that will fall will always fall wether Bounty or airdrop is involved.

It has been proven that since several years ago there have been many successful projects because of bounties, and bounties can be like the best promotional media today.
So actually the success or failure of the project is seen as how the project concept works, because if the concept is not good I think the bounty slot will also have no effect

Thats true and even they sell their coins/tokens its not going to kill the project because the allocated rewards for airdrop/bounty is not huge to be the reason of killing it. If the project is good and the team is doing their job to make it progress and succeed, it wont easily die just because bounty hunters and airdropers are dumping their rewards. The price is depending on how good the project is so investors will support it.

Which shouldn't be happening, right? Bounty hunters are working hard to receive their bounty, they are able to receive the bounty tokens because they are promoting the project. That's why this kind of reason is not enough to blame bounty hunters. They should treat bounty hunters as one of their supporters since they help to promote and gather investors for their own success.

It is true, but no matter what we think, they can still put the blame on bounty hunters without defending themselves. It is to avoid questions why the value of their tokens getting lower. It is their only way to give an excuse to investors without knowing the real reason of the sudden dump.

i don't think they kill the project. the bounties and airdrops help the project a lot. imagine that the project without the bounties, the world won't know about the project. if the token/coins prices dump, i think it's because the projects run by some amateurs team member. the projects will die if the team abandoned their project and do not create the product properly.

it doesn't kill the project, but on the contrary, it can even help a project grow. There are a lot of things that make them think that because once the bounty and airdrop have been distributed, the prices suddenly dump. even though this can be prevented by paying participants using stable coins. other than that, only weak projects were damaged by the programs they created themselves.

I agree with you! Nothing can have too many negative effects on a particular project rather than itself! A weak project simply doesn't have any ability to survive despite the fact that bounty hunters dump the token or not! Furthermore, the allocation of tokens that used to reward bounty hunters is a small amount of total supply, how could it has such a huge effect?

The main key should be on the liquidity and if there was no liquidity and any campaign can be dumped. Bitwing has already an exit scam project and so many people know about bitwing project.
When the liquidity is very huge and it can prevent the dump easily.

I agree with your opinion, dude! Bounty hunters have a job to promote the projects. It makes no sense if they try to dump the projects when the bounty campaign is finished. The reason is that there's no benefit for them to do so! A project will be dumped because of itself, not anyone else! A weak project will dump anyway, do not use bounty hunters as a bullet shield!

Maybe a gradual distribution is also a good idea where the hunters will not sell all their tokens, and this method is very effective too because the hunters only rely on selling when they get their tokens, the team must also be able to increase their tokens in the market so they don't fall easily.

The reason for some of the new bounties with existing project coins listed on exchanges is to expand the community, now the budget for the exercise is low and participants are controlled. In some cases even the little the reward distribution are staggered for 3 or more months, with all this we see dump in some and pump with some. It indicates that bounty reward has nothing to do with dying projects. Like every other members we shouldnt be going back to this old saying, it has been disapproved many times.

Is that really the reason why the price of the coin in the market goes down?

Because what I know is, bounty hunters do hold only a little percentage of the amount from the total supply. If they sell what they got from bounty campaign, I don't think that it will really drop.

But yes, most projects are really dividing the rewards of the bounty hunters, their reason is to avoid hunters to sell all at once.

Not every bounty hunter works hard. Specially in social media bounties, where you need to do 2-4 click daily and you are free for the rest of the day (speaking about single campaign). Even not every bounty hunter read whitepaper and project description. Funny, that there hunters who are lazy to ready bounty campaign rules. Huge part of bounty hunters don't promote the project, they are simply doing monotonous work.

They project does not treat hunters as "supporters". For them, bounty hunters are just a line in expenses or a wish to get maximum for minimum. But I agree, that the project should care about hunters. This will stop part of the hunters to sell reward at first available moment.

there are already many good projects that are distributing the bounty gradually, and that's a good thing, look at Cartesi on binance,
their token prices are not easy to dump, this indicates that distributing gradually is the right solution

There are a few projects that have collapsed by bounty, because they listed on small exchanges with no liquidity. But to fix that problem, the bounty manager should distribute the bounty into 2 or 3 phases. It will keep prices stable and not crash

 A lot of airdrops that are flying around now are nothing but real scam.In as much as these airdrops do not involve too much tasks, a good number of people will actually show interest to participate in it and end up getting nothing from it.I have participated in so many airdrops in the last few months I joined crypto and I discovered that nothing good has really come out of it. Hence, most airdrops are mainly scam now.

Some part of this community is always serious that the culprits of the slump from projects are always the people who participate in the bounty and the airdrop, they sell the reward from the campaign and influence the survival of the project but the nature for the bounty is too small a reward, it's not strong enough to ignite a discount even if they try to sell at the same time. Besides, no one wants to sell their rewards at a low price, unless the project is not too potential and cannot help raise the price again after the ICO and listing.

I refuse to accept that Bounty or Airdrop kill project cos the esenece of them in the first place is to help and create awareness about a project and majority of them have proven to be worth their purpose, so how then can Airdrop and Bounty kill the project

The OP thinks that bounty and airdrop will cause the token's price to crash, and from there the project will die. I agree with that because I have seen a lot of projects collapsed over the past time, because they are bad projects and have no liquidity. After delivering the bounty the price drops many times because there is no demand

The bounty hunters does the marketing of a project and should earn whatever the company gives it as a token or coin. The project is a business and they intend to make money by creating products that can be consumed by who is the target niche. If the project is not well managed it will fail, with or without the participation of bounty hunters. So don't go around here proselytizing the gospel of bounty hunter Judas because you will not succeed. The owners of the company, the managers, the project employees are solely responsible for making the project work and no amount of bad mouthing will change that.

I believe that this is sheer nonsense and the corresponding accusations that the hunters for the Bounty are guilty of the fall of the project were given a lot of and thoroughly weighty arguments and answers. In addition, the reward can always be paid, but blocked on wallets, and therefore the development team themselves create the conditions for the project to have good prospects or fail after the listing leaves. But if you follow the majority of projects after the listing of coins on the exchange, then the massive sale of coins on the exchange occurs in several times larger volumes of coins than the general pool of the Bounty company. Therefore, I believe that developers and investors themselves massively sell coins themselves in order to earn real money and get rid of their useless tokens, and the Bounty Hunters have nothing to do with it.

I am not agree with you. Bounty and Airdrop are helping to expand the project. With the help of these campaigns all types of information about the project is spreaded all over the world. As cryptocurrency is not permitted in many countries, it is the best way to spread the project through airdrop and bounty with social media.

Bounty and airdrop was the frontline to make the project know to everyone
With twitter, instagram, youtube and other media campaign it will help the project to reach people and get the fund to make the project success
Ofcourse the company already count how much the token spend for the bounty even if bounty hunter sell it if that was good project lot people will hodl the token until they got lot of money

They didn't even distribute the bounty, but the project collapsed. Like the Blockburn project, they did bouny with a budget of $ 15k. But after the bounty ended the price dropped more than 100 times and they kept delaying delivery on the pretext of price protection, really bullshit

bounty kill project? look at project that have bounty campaign which is managed by bounty detective,some of them already traded in market and now even bounty token not distributed yet its price collapse. price and trading volume decrease alot and almost be zero. its could be prove bounty campaign didnt kill the project, but it help alot make project be popular and known by crypto investors.

If you think bounty projects, airdrops and AMAs kill the projects, then you are wrong. They help the community get to know the projects more. Advertising on the internet is very expensive, but through bounty and airdrop projects, people know more about the project. The people participating in this program are very crowded and they make very little money from bounty, airdrop projects. Only poor quality projects worry about the impact of bounty hunters.

Yes, most of the bounties of bounty detective that are already listed on the exchange gets dumped even before the project ends and reduce to a 100th part when the participants get the bounty rewards, sometimes even before that. This clearly indicates that the bounty hunters aren't responsible for the dumping of the prices of tokens, but the culprit are the team members who get out of the project by selling their stakes in the project which they dump on the market on whatever price they get in return of their tokens, this is a total misconception that the bounty participants dumps their tokens on the market.

The opposite! Thanks to airdrops and bounty campaigns people get informed about the project. It is true that people earn free tokens and they rather sell them than hold because they do not know what they really get, but on the other hand, it could mean cheap tokens for investors if the token is really valuable. So no, bounty campaigns do not kill a project, the team´s inactivity kills it.

A strong and sensible project should be able to overcome some bounty hunters dump. Moreover not all bounty hunters or airdrop hunters dump coins. Some hold and take it as their investment on the project token. So, the truth is if the bounty hunter sees the coin as a good coin.. They won't want to dump.
SNX (Synthetix Network) Did airdrop and bounty and no issue with dump : This is because the project is a good one.

Yes you are absolutely right, only fake projects and bullshit are collapsed by bounty and airdrops. Because they don't have liquidity, prices crash easily. But for good projects, bounty and airdrop will not cause any impact on the project

Maybe a project like this doesn't take the project too seriously, because they just want to make a big profit from all who invest in it and don't think about the stable quality of the price, when the price goes down and collapses they make an excuse to blame the bounty hunters and Airdrops. I think this is clearly the developer's fault as they are not providing good quality coin prices for all their investors.

I absolutely agree with the coffin. ~ 300-400 participants cannot unanimously agree to sell tokens to move the price.

Absolutely agree, it is the team behind the project who is most responsible for the success or failure of a project
and if their coin / token price falls, they are also the most responsible because they determine the marketing,
tokenomic and development strategy.

In some point it can be part of the reason why some project tends to goes down but still we cannot just tell that bounty and/or airdrop are killing projects knowing that those bounty campaigns and airdrops are making the hype to all the project by promoting it to many investors.

There does not seem to be any reason for this.Because Air Drop is the marketing system of any project.And works on Bounty and Sem systems.But I think a little like 5/10% allocated for any project can never ruin the market.

Actually, if the project has a difficult core team, it will be a long-term project, but if their project implements an unsatisfactory system to investors and the community, then everything will fall apart to develop a good project, precisely the obstacles that make this bounty and airdrop help their project to develop and help promote their project more advanced, at least have a team that can control a fair distribution system for investors and the community, in order to get a balanced profit and satisfy their customers ...

It depends on the volume of the project, if they don't have volume then I believe the price will crash a lot when you want to sell that token. In 2019 I sold a few tokens from bounty but its price dropped by more than 10%, because that bounty has liquidity of just $ 100 per day.

attempts to blame the bounty hunters are attempts to hide their manipulation. I am sure that prices are falling very low due to the fact that the project teams cheating people

The key is not on the how much allocation for the bounty but the key should be on the how much volume that available in the market to prevent the dump. 2% means nothing when there was a huge volume in the market and this is the correct point about this problem.

Totally no, bounty and airdrop don't kill projects. Projects die due to lack of management or scam. Some bounty hunters don't even receive reward and yet project dies, some get locked and yet project dies, some hold with believe and also project dies, so in my own thoughts, not the hunters who kill the projects, but the team poor management.

Exactly like that, what matters is the project's liquidity and the number of tokens in circulation. If the project has a lot of liquidity then I believe it will be fine with a bounty budget of 200-300k $

How do you know they didn't care about the project? Do you think that only people hold-to-die is the only one who care about the project and willing to hold no matter what scenarios? Don't be stupid and blindly support a project like that. Bounty and airdrop hunters ain't stupid and they sell when the see the best profit as possible, same as investors. So a project got killed by a lot of factors and persons, not just bounty and airdrop hunters alone. Don't put all the blame on them.

I agreed but bounty detective most of the projects aren’t listed good potential exchanges, here almost fake buy/sell so you can't count such trading volume. Also others many projects are survive there are no effect for bounty tokens distribution. If dev worried about price than they can make distribution step by stem i mean it’s a three phase payment within three months.                       

i disagree with the narrative that bounty and airdrops kill projects, and that is because in reality bounty and airdrops is only but a small portion of the funds allocated fro the marketing side of the business
whether they are effecting in promoting new crypto projects or not is another conversation, but a lot of great projects have also done bounties and they didnt crash because of it.
I think crypto teams should place more focus on how they can promote their projects to the present crypto community while also making it appealing to new users.
This is the only way a project can be trully successful

It's not fair to blame bounty hunters if the project's price drops due to bounty hunters selling the tokens they have already earned.
Naturally, they do this, because bounty hunters help promote projects, not want to make these projects successful. But the main goal of
Bounty hunters is only to be rewarded for their work for a few weeks, help promote projects in order to bring in investors. Supposedly if
you don't want dump tokens prices, do not give rewards to bounty hunters in the form of tokens, but pay bounty hunters with Bitcoin
rewards. Like what gambling campaigns had done, which paid bounty hunters with Bitcoin.

i am not agree with you, bounty hunter also hold their coin. & not much amount given for bounty. i see that bounty budget is not a big amount & its didnt effect in price. so i think its not good idea about bounty /airdrop. research more

I am totally disagreed, If you think bounty, airdrop hunter is only cause of price dumping. Then i want to ask you, who will increase token/coins holder? Who will increase trading volume?

Bounty and airdrop hunters help project by promoting. And they also increase trading volume in exchange.

Bounty hunter or airdrop is a good thing for project development. to increase the project on search enggine, etc. there are many advantages that can be obtained by holding a campaign with a bounty hunter.

If the price goes down, it can happen because of the bounty hunter. if many bounty hunters use double accounts so they hold a lot of coins and sell at the same time.

But unfortunately there are many bounty hunters, who sometimes don't comply with the rules, causing chaos in the project.

why hunters always the scapegoat for the death of a coin from a bounty campaign or airdrop!!  that is just a trick from the coin / token developer who deliberately makes the price fall drastically when sharing rewards or listing on an exchange.  hunters usually only get a small share of a token/coin in circulation, so hunters will not have a bad impact on the price of a coin/token when selling all their rewards (hunters)..

Bad projects from bad teams will always find excuses about what happened to their project, that's why some projects used bounty hunters as the scape goat, bounty hunters get paid for their work but team shouldn't expect bounty hunters to hold, we don't get paid to just hold, some are definitely going to sell

A bounty project that choose good exchange for their fundraising will never have any problem with bounty hunters dumping or not, there are few examples of projects this year that end up on binance and Okex and bounty hunters sold their reward, this have no effect at all on the project value, look at DIA DeFi token, bounty hunters are able to sell at 1$ to 1.5$ and the 24hrs volume of this token is over 2million dollars

I am not totally agree with you. Bounty and Airdrop helps a project to spread around the world and also helps to get a good number of investors. If the project is real there will be always buyers to buy token with a reasonable price. It's all depend on the projects quality. So please don't blame bounty or airdrop.

I don't think that airdrop and bounty campaigns did kill the project. They started the campaign to promote their project and that is why they have airdrop and bounty campaigns for people to join or participate.

Yeah, it depends on how the projects can maintain their token circulations ofcourse need to calibrate with their current market demand of their tokens. Not just releasing a tokens without any effort to maintain the prices

The following projects paid good amount of money to Bounty Hunters and they never complained about their tokens been dumped because they have high volume and the bounty tokens failed to have negative impact.

1. Ixinium .
2. Tachyon protocol
3. Sero project
4. Ferrum
5. Cartesi
6. Harmony.
7. ARCS
8. Gowithmi
9. DIA
10. Sessia

The list goes on and on, those projects putting blame on bounty hunters are projects from unqualified developers who have nothing to offer

Ive been on bounty campaigns and airdrops that became successfull. The reason why the project dies is because its only a pump and dump coin, not enough and skillful member of the team, dont have a working product.

I think its not the bounty or airdrop whose killing a project but instead the way the project developer paying the hunter which is in terms of their own developed token that is killing it. Maybe it the project team developer will change the mode of their rewarding by giving the bounty hunters by some stablecoin or cryptos maybe it will lessen the burden of the developer and it will change the outcome of the project and become a successful one.

Well on my experience i may say that bounty and airdrops are not the one to blame on altcoins price dumps because the dumping and pumping are mostly done by other, In crypto market the one that holds the most number of such tokens before anyone will much have the control on the market price, do you think that in every campaigns bounty hunters and airdrops holds the most number of tokens? How about the investors? Do you think a project will prioritized bounty hunters and airdrops over the investors?

If you approach this issue correctly, I don't think that the project will suffer. The main thing is that the airdrop doesnt make up the majority of the total suply. From the last that I know is vox finance was also handed out an airdrop and the project is quite successful

Not all of them though.

There are a lot of bounty hunters that killed a lot of projects in the future. For example, there are those projects that immediately release their coins after ICO, there are hunters that automatically list their coins to sell and price them based on that project's pricing. Then there are those that would price lower that would continue like a domino until the price is so low.

That is if the project has huge demand, projects that suffers from sell off are those that has low volume and liquidity on exchanges, it's why I like participating in bounties that already listed on exchanges, you can easily judge by looking at it's volumes

No i do not think so bounty hunters spend so much time promoting the projects throught variable compaigns like signature social media youtube ...etc which help in the growth of the project which make it known world wide and the price is controlled by how much investors are attracted to the project and if its a good one they keep buying the tokens.

not like you said, not all Bounty participants sell immediately when they get tokens.  everyone has their own assessment on the projects they participate in. Because Bounty Hunters are quite active on social media, of course they don't forget to follow developments on the projects they follow.  So there are those who sell first just to make ends meet, others buy back for long-term investment, all depending on project development.

I think it depends on project. If project has really big perspectives and many investors, good partnerships and lisitng on big exchnages, bounty hunters influence on the price isn`t as big as it happens with smaller projects. Now most good projects have bounty tokens lock to avoid price dumps and have time attract more buyers to the project. It`s a really smart way to solve this problem. When admins take care of their project, they always have a solution beneficial for all sides: investors, buyers, traders and bounty hunters.

i think they do not kill if the bounty pool not so huge. like bounty hunters do not get too much coins. and the bounty pool is distributed to many participants. i don't think that bounty hunters have a big effect on prices.

Developers who know what they are doing don't need to be worried over bounty hunters dumping their tokens, with good use case and good exchanges you won't even notice any drag when bounty hunters dumps on exchanges, remember, lame people blame people

Maybe we should not blame bounty and airdrop hunters for failing a project, because whatever they receive they have the right to sell it because they worked hard for it and they helped a lot in a project to promote it and to attract investors. They should expect it to have an effect once they have distributed rewards to hunters, so they should think of another plan or strategy to maintain their project in the market.

I am not agree with you. I believe bounty and airdrop hunter is not responsible for price dumping. The whales, team or exchange itself is responsible for price dumping. We often see bounty tokens being dumped on or before the day the token is distributed. The price is being dumped before the bounty hunters sell their tokens. So how do bounty and airdrop hunters dump prices?

Are you pointing out the bounty hunters for the dump of a bounty project of it fails? Development team will be keep on working to list on the exchange for ages if this goes like this then definitely they will start asking questions because they have worked hard to make this project successful and they need to be paid for their hard efforts, as much as you delay to list the token in the exchange automatically the results will disappoint you it's not the bounty hunters fault.

Bounties can only kill a project that has less than 100k volumes per day, it's why I keep advising others to look at new projects use case very well before promoting them, some are way off and there is no way they will perform better when they get listed on exchanges, be very picky, this is the only way to evade bad projects

bounty or airdrop will not cancel the project unless the project does not want to pay airdrop hunters or bounty hunters, and the price cannot fall too deep.
there are times when investors wait for bounty hunters who sell tokens in which they take profits
and the allocation for airdrop and bounty is a little of the total project supply amount, less than 10% of the total supply, at most 1.5% max
and for the dump price issue it returns to the project
can the team and dev give good news, good mvp handle which makes the price go up
The bounty and airdrop go to the marketing department so you can't be mistaken for a price dump

I think everyone should stop blaming hunters for the project price dump. A crypto project that has a million dollars market cap is not easy to dump the price and it requires a lot of tokens. Actually, whale sometimes dumps the price right before bounty distribution to buy hunters token cheap and some people say hunters dump the price always!.

Airdrops and Bounties have both of these capabilities that might cause people to not fully support projects since some users only wants their token so that they will instantly sell it thus not using the platform in which these Alternate Cryptocurrencies are usable. That might also depend on which token you are campaigning for since some tokens have only Airdrops but their token value is considerably high. These possibilities depends on how people will continue to support them since some platforms are still usable and that is why even though they are having Airdrops, their platform is still continuing.

How can free marketing hurt a project that has nothing? Bounty is a way for such projects without investing to create an advertising campaign and fulfill a marketing plan.
Of course, there are bounties of different quality, but I don't think that such a thing can harm the project in any way, rather the opposite.
The more noise around the project, the higher its chances of raising funds.

It's been use as part of marketing and allocations of fund are already budgeted, true developers know and already anticipate what
the bounty hunters might do after receiving their coin rewards. It's not going to hurt the entire project even all those coins will be sold
if the team have real intentions to their project, they can buy it back and let the hunters being paid by their works.

We can't blam bounty or airdrop for killing a project. Which project is legit, it won't finish for anything like that. Bounty and airdrop help to increase the number of investors also.

Therefore, developers should protect themselves against this. They should not spend too much tokens on promotion. They can determine that the distribution of tokens will be after a few months - when the project is already developed and becomes attractive and safe for investors. Or, for example, they may offer a monthly or three-month percentage bonus to anyone who decides to keep tokens rather than sell them right away. They can also distribute in small batches in for example monthly intervals.

Neither bounty hunters or airdroppers kill any project, so I disagree with you on this one, just so you know most times bounty and airdrop allocations are about 1% of the total token suppl, so I doubt that they are the main reason why projects don't succeed after listing on exchanges, if a project doesn't have what it takes to compete in the market it will definitely die, so it's not the bounty hunters or airdroppers fault.

I think your thoughts are not good. Dumping or pumping of tokens is based on project management and experience team. Airdrops and bounties are given for the sake of publicity specially bounties. If someone promot the project and get reward then he has right to cashout his reward.

They are not actually spending too much coins in bounty promotion. There's only a small percentage allotted like 1-2%. I don't think that it will really affect or even kill the project. The one who kills the project is the team itself, they are mostly the one who sell their holdings to make more money, they will just take the blame to bounty hunters to escape the madness of their investors.

Not all bounty hunters and airdrop hunters are dumpers, some are investors, buyers and holders too. If they think the project has the potential to succeed they choose to hold their coin, buy more token/coin , or even they joined also on ICO while doing bounty or participating on airdrop at the same time to acquire more token/coin. Some projects do  bounty campaign and airdrops not only for the purpose of helping them to promote their products but also seeking investors, buyers and project believers(bounty hunters and airdroppers).

we can see the token distribution in some projects. for bounties, there is only 1% - 10% of total token to distribute. and the rest go to the team and ICO/IEO sale. so yeah, i think bounties won't hurt the price so much. but maybe the team itself dump their token after the token sale ended.

You are right brother.
If the project team want to stable  the token price their is many way. But team didnot pay attention in this.as a result they kill their project like suicide. Also hunter did not get profit accordingly.

the most important thing is, if bounties and airdrops kill a project, then since a long time ago, there shouldn't be a program like this anymore. but in fact, bounties and airdrops are still the favorite programs to advertise a project. In addition, the percentage of tokens distributed for bounties and airdrops is sometimes below 8% of the total allocation of tokens. So, only weak and bottomless projects fell just because the token distribution was below 8%.