Dear ICO Teams, Stop Offering High Presale Bonuses

[OriginTrain]

Nearly every single ICO is dumping at 10x lower than ICO price recently, apart from Credits which is the on exception I can think of. This is due to presale investors dumping their tokens. The practice of giving such favourable returns to presale investors will eventually lead to retail consumers no longer participating in ICOs, since they will always get dumped on. This practice needs to end.

[Probinus]

I don't think we can blame the team for doing so. They believe in what they're trying to do is great, with this the teams demand is high. Some investors can also see this point of view that's why they invest, but others do not, resulting with the project not reaching the soft cap. Making the tokens value drop after listing on exchanges.

[mrcastelo]

High Presale Bonuses is part of their marketing strategy to attract more investors but this is also one of the reason why prices are dumping (aside from the whole cryptomarket is in red now.) I think the ICO team should lessen the High Presale Bonuses or they should have a lock period for this kind of bonuses so that prices would not be supress.

[okorocrypto]

One thing I recommend is adopting the pattern of locking presale and bounty tokens for atleast three months after first exchange listing. In this case, dumping will be reduced. I don't think there will be any reasonable investor who will deliberately sell at a loss.

[okorocrypto]

High Presale Bonuses is part of their marketing strategy to attract more investors but this is also one of the reason why prices are dumping (aside from the whole cryptomarket is in red now.) I think the ICO team should lessen the High Presale Bonuses or they should have a lock period for this kind of bonuses so that prices would not be supress.

We are not blaming the team for sure, but you should also remember that it is partly the responsibility of the team to device means that will protect their project. Our discussion here is centred on what to do to prevent the dumping of token below the ICO price. This practice threatens the future of ICOs and if not check will bring so much consequences to our dear Blockchain Technology.

[Black Coffee]

I agree with you, the main problem is giving a very high bonus, which will create a big disposal of the investor. because this is very important and if when token listed in exchange price far from ico price then it is a very bad start.

[Caesar Cung]

I agree with you, the main problem is giving a very high bonus, which will create a big disposal of the investor. because this is very important and if when token listed in exchange price far from ico price then it is a very bad start.

Tomorrow is going to be an interesting day. I personally do not think SEC will declare ETH is a security; I just do not see it. However, if for some reason they do, (not sure what the reason would be); there will most likely be a huge lawsuit and legal battle against the decision. Imagine every exchange uniting together, the ETH foundation, and all of us. The case would most likely reach the supreme court. What SEC is doing feels like a message to new icos. If SEC will look at the legitimate top projects, then what do you think they'll do to us? This should discourage any scams or fraudulent ICOs.

[Petersha]

Yes , I think there must be pre sale but not with huge bonuses because those people sold when price jump , or there must be vesting period of minimu 6 months if there is bonuses.

[jacafbiz]

Nearly every single ICO is dumping at 10x lower than ICO price recently, apart from Credits which is the on exception I can think of. This is due to presale investors dumping their tokens. The practice of giving such favourable returns to presale investors will eventually lead to retail consumers no longer participating in ICOs, since they will always get dumped on. This practice needs to end.

It is better to look into the bonus structure before investing in any ICO, some team are so foolish that they give some investors as high as 100% bonus without any lock up period, I learnt this lesson last year investing into SONM ICO, the pre-sale investor started crashing the price as long as it hit the exchange

[DarkBullet]

I think that the bonus during presale is not to be blamed of since it is their privilege as an early investor and adopters. A massive sell off might also from bounty hunters or it might driven by coinmarketcap's price result on each altcoin. There are a lot of reason for altcoin price dump actually specially, a bitcoin price movement can also affect other altcoin price.

[sangkler11]

I think it's hard to stop it, all projects have a soft cap in pre sale or token sale, and they use this way to attract more investors to buy, so the target can be achieved.

[pranazzs]

Nearly every single ICO is dumping at 10x lower than ICO price recently, apart from Credits which is the on exception I can think of. This is due to presale investors dumping their tokens. The practice of giving such favourable returns to presale investors will eventually lead to retail consumers no longer participating in ICOs, since they will always get dumped on. This practice needs to end.

Very, very agree. it should be so. high presale bonus must be eliminated.
what do you think if the highest Bonus is 10% with minimum purchase terms.

[Maestro75]

Nearly every single ICO is dumping at 10x lower than ICO price recently, apart from Credits which is the on exception I can think of. This is due to presale investors dumping their tokens. The practice of giving such favourable returns to presale investors will eventually lead to retail consumers no longer participating in ICOs, since they will always get dumped on. This practice needs to end.

Thank you for pointing this out. You are very correct and this is now a big issue for those participating in icos. There is easy dumping now than it was last year. Those who have the bonus quickly sell even at a loss to the entry price at ICO. May be in general the free bonuses is not a good idea. Even the stakes acquired at bounties also contribute to this price fall.

[Gabteb]

So if they will not do that what do you think how much of them could make ICO yep its not so good but people need money to start and who will buy tokens with high price if there is no bonuses.?

[snowfu199]

I do think >30% bonus is way too much. It makes the ICO less attractive.
If a project offers high bonus to presale or private sale investors, I'd skip the ICO.

[Black Coffee]

I agree with you, the main problem is giving a very high bonus, which will create a big disposal of the investor. because this is very important and if when token listed in exchange price far from ico price then it is a very bad start.

Tomorrow is going to be an interesting day. I personally do not think SEC will declare ETH is a security; I just do not see it. However, if for some reason they do, (not sure what the reason would be); there will most likely be a huge lawsuit and legal battle against the decision. Imagine every exchange uniting together, the ETH foundation, and all of us. The case would most likely reach the supreme court. What SEC is doing feels like a message to new icos. If SEC will look at the legitimate top projects, then what do you think they'll do to us? This should discourage any scams or fraudulent ICOs.

sorry the topic we're talking about is "Dear ICO Teams, Stop Offering High"
so I do not want to discuss anything other than the topic, I'm sorry.

[aleksnutis]

Nearly every single ICO is dumping at 10x lower than ICO price recently, apart from Credits which is the on exception I can think of. This is due to presale investors dumping their tokens. The practice of giving such favourable returns to presale investors will eventually lead to retail consumers no longer participating in ICOs, since they will always get dumped on. This practice needs to end.

I completely agree. Now in 99% of ICO it makes no sense to participate at the stage of the main sale. All those who bought tokens on pre-sale and private sale are selling them on the first day of listing on the exchange. Now no one holds tokens, there is no interest from investors. Need to introduce a token freeze system for customers at all stages of sales.

[Hui8]

Nearly every single ICO is dumping at 10x lower than ICO price recently, apart from Credits which is the on exception I can think of. This is due to presale investors dumping their tokens. The practice of giving such favourable returns to presale investors will eventually lead to retail consumers no longer participating in ICOs, since they will always get dumped on. This practice needs to end.

Do you really think that they will do it anyway. I mean they are just looking after themselves and whatever they get from the private sale is what matters to them a lot as it is huge money for them to get started with their payment. I dont like the idea of private sell anyway as it is to limited people and they are also too much costly. When it comes to later part then we get them at discounted rates too but they are more costlier than basic prices at the time of private sell. So yeah surely they should be stopped but looking at the benefits for ICO owners they will never stop it at all.

[kier010]

bonus attract investors so offering it in their ICO will help them. the first always get the privilege and it is part of their strategy. it depends on the project also but mostly ICOs coins today are below ICOs price after it hit exchange.

[trang1188]

hight bonus for ppl come early or they invest more money for project,hight bonusi s campaign marketting of project,we can't do anything,or you can buy earlier to get hight bonus,i also invest some project and now it fall to the price usd i buy,but i decide hold to roadmaps complete,this project end ICO 1 years,i see they still support for everyone and update,i hope it can success in the future