One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.
For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.
But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.
How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?
There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)
So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.
Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!
So to all ICOs and IEOs please, just stop lying to us about this!
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!
I agree with you. Indeed, the administrators of crypto projects almost all lie about earning money, well, thats understandable, since they try to be attracted by the beautiful numbers of the participants, but only then when they call the exchange the price drops 10 or even 100 times and we, the participants in the bounty, get a penny. We are also deceived when they say that the token will go on the exchange, and as a result, after the ICO or IEO, they tell us that they have the platform in the first place, and the token is a three-pronged and not the main part. And that's not all. Very often, bounty participants are accused of selling tokens or lowering the price, but lets say, many times it was when the bounty participants did not receive tokens yet, and the price of tokens fell 10 or 100 times. To be honest, Im very sad to look at all this.