Good ICOs should be protected from dump

[Denreal]

After careful research, when you see a good ICO, you would know and there will be no doubt about it.
I have noticed that good ICOs also dump after listing, competing with crap ones that have no definite direction, but to cart away funds.
There are ways in which they can be protected and prevent unreasonable dump in price. Some of which are:

1. They should be managed by credible and trusted managers, managers that already have good reputation on the forum, else the trust might not be there.

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

4. Listing should be done on reliable and reputable exchange sites.

5. There should be regular and prompt communication with the community.

6. Projects should maintain and comply to their roadmaps and if there is amendment, the community should be made to know, with concrete reasons.

Additional suggestion:
7. An approach that will create the demand for tokens, which can as well prevent dump, is the lockup of certain percentage of the tokens.
Some percentage of the tokens belonging to; the team, advisors, investors, promoters and bounty participants.
The main tokens for the investors should be released, at least to compensate them for the money invested, but their bonuses should be locked for certain period of time. Which is followed by their gradual release.

These are just few among so many other solutions, but if this few are integrated into the system, i believe dump can be minimized if not totally eliminated.

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[Ini35]

Yes, it sometimes amazes  when I see some spreadsheets containing thousands or participants for content creation and social media bounty, where most of them are proxy accounts, copy and paste of contents of others. In this case there are some managers who care less and at end award those fake and plagiarised contents. I believe the  solutions you provided will work.
Sometimes, project promoters also cause a lot of dump. Take for instance what happened to projects like OMX, FTT and others.

[hanxinvwang]

We only have one problem. How does the ICO project show that it is authentic and reliable? I believe that ICO projects that can solve this problem can get the best attention and development.

[Ayobami99]

These are good points you made there, but additionally i believe there is a striking point you left out- the community, most times the community pressures the project team to list even when there is no product they expect to get rich quick, which doesn't happen even in normal physical business....

[dentolas]

On an ideal world some of these points would definitely be true, but let's see:
- most ICOs are scams or failures... the first hard step would be to determine which ICOs are trustworthy... and that is definitely not easy... some scams were managed by credible teams...
- with your proposal of kyc and ip detection, there would be an amazing amount of personal info collected, that would need to be safely stored... this would become more dangerous if you fail on identifying the "good ico"
- listing is another problem as the reputable exchange sites usually cost a lot of money....
well, I think the two major problems here refer to ICO scams and bounty hunter scams.... the ICO ecosystem will have to change in order to rule out both of these without hurting the others...
and ICO rating sites receive money from the projects in order to rate them... so that is not a good principle...

[Deagle21]

I personally have nothing against all items except KYC. it’s not because I don’t want to throw off the scammers, but because I don’t want to send my personal data. now very often this data is used for other purposes and can be sold

[vanya.pronin.1983]

It is true and I agree with you. These are the most important steps to make from the team members to protect the project from the first listing dump. It would be a great idea to pay to the bounty hunters with stable coins or with more stable crypto currencies to avoid the price dump.

[Bittalk12]

KYC for bounty and airdrop participants will not protect an ICOs against dump because in the current market, even well known altcoin that is part of the top 20 in coinmarketcap also experiencing a price dump. Even an altcoin that were newly listed from a well known exchange was being dump by their investors and bounty hunters. Why? Because every traders have the same rule, sell high and buy low.

[tuthienloc92bk]

2. KYC should be made mandatory for all bounty and airdrop participants in order to avoid multiple accounts. The kyc should be announced

3. Participants should be made to complete the remaining process of their registrations on the project's website, where IP can be detected. Multiple accounts can also be prevented this way.

2. KYC indeed reduces the cheating behaviors but it should be used when it's necessary. If KYC is mandatory, bounty hunters are possible to be stolen their information by scam ICOs. So, don't abuse KYC.

3. Changing IP is not a difficult matter. So, it will not work.

[petrcoin]

If they pay out marketing budget and bounties with fiat or eth instead of their tokens that can prevent dump mostly.

But they don't want to spend that so we ar seeing dumps all the time.

[Escf4]

That will be the good thing and should be really peotected from dump , this to protect the value of the token from falling becuse of making it dump, let the new token of the new project will be able to pump up to the good price in the crypyocurrency market so that it will not become a shitcoin.

[bitbabba]

You can't simply mess with the open market.

Bancor created a system which would prevent dump but at the end it failed a lot.

[Docbee]

All these won't prevent good ico from dumping in this bear market, the reason why project both good and bad project dump is due to bear market, demands are not huge and there are too many seller. The above conditions you mentioned didn't affect market when crypto space was witnessing a big boom.

[HardFireMiner]

ICO's are a scammy distribution model. There is no such thing as good ICO, unless regulated by Law and registered as Securities.

[Reid]

4. Listing should be done on reliable and reputable exchange sites.

Even with this types of strategies they still fail.

I remember one ICO who listed in a reputable exchange (binance). They won thru voting and I think that is already a go signal for a lot of supporters and to rush investing with them.
Yet, they were still dumped by 100 percent now and adding more exchange made it worse.
No one can stop the playful traders.
They will do anything to create money only and nothing to care about what project it is.

Traders rule. You cannot be attached in a token or altcoin.

[OluwaTosin10]

For me good icos does not neee protection from dump why ?

A good project should have the capability of creating and surging for a high demand which is enough to push up the prices of the token for a better and bigger good
Good icos should create a product that can survive great lengths

[tytanhamon04]

On expense Manager I agree with you. For example, when the company is managed by Amazix, the project gained trust. But to be honest any verification documents can be replaced with another person or go to the website and register with different IP, Only if someone accidentally gets caught by mistake.

[KuromaYoichi]

Why though and how to do that? It's open market so the price will depend on the supply and demand of the project, if the project is really good then they will generate far more demand than their supply and the price will stay strong even after ico. Most of the dump happen because there's no more demand after the ico, that's why it is better to set the hardcap lower, because there will be people that can't participate in ico and buy from exchange after ico.

[LukkasG]

All suggestions make sense in general. But in real world it is hard even to find a good ICO and I'm not talking about the suggestions themselves.

[funchiestz]

Some ICO teams offer guaranteed buyback. But this is not always enough. Even if some projects offer guarantees, the market conditions do not allow this.