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Author Topic: Postponed ICO after bounty campaign  (Read 833 times)
bittraffic (OP)
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January 01, 2019, 03:00:16 PM
 #1

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.


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xiaoY
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January 01, 2019, 03:22:49 PM
 #2

I think waiting may be a better option. In fact, you will find that even if the ICO developer issues the token to the participant, the price of the token will not be worth the price. I think if all of us can form a Consensus does not sell tokens, and then wait until the arrival of the bull market, which will benefit everyone.

semobo
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January 01, 2019, 03:23:54 PM
 #3

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.

They are doing this because of not enough recognization for their project,so they need to continue their bounty until the ICO begins again but sadly no participants will work for that mich longer so they need to pay in already listed coins.
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January 01, 2019, 03:24:16 PM
 #4

They can't continue because they think that its not the best time to launch their product. Their major concern is the current market situation which will give big effect if they'll pursue.

I see that weidex before and I thought its going to be huge, so that's the update they stopped?

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January 01, 2019, 03:27:02 PM
Last edit: October 03, 2023, 06:33:33 PM by Little Mouse
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January 01, 2019, 03:38:39 PM
 #6

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.

What will be happening if the market will be on the bearish or stable chart until a few years later? They are creating a selfproclaiming that they are having a working product and if that was a real thing and they should not fell worry about that dude.  Roll Eyes
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January 02, 2019, 01:57:41 PM
 #7

I have participated in all these bounty campaigns and I don’t understand will they pay tokens or not. admins in the chats say that everything will be fine

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January 03, 2019, 05:15:12 AM
 #8

I have participated in all these bounty campaigns and I don’t understand will they pay tokens or not. admins in the chats say that everything will be fine

Participated on BXBET but don't really know whether they are going to be active again in their promotion nor to their ICO to resume. The marketing we did will just be in vane after all these if they just quit saying they change their minds. 

Weidex so far is busy doing their video promotions, they were planing for IEO. Just another term they use for this ICO. It looks good as they are still up to it butno luck though as I am no part of their bounty program.


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January 03, 2019, 05:21:33 AM
 #9

I think that it all depends on how much funds they managed to collect - whether they are able to continue the development of the project. Postponing the project for later is very dangerous, because we do not know if the bear market will end in a week or half a year. I think it is a very risky game that can end very badly if the market will stay unstable for several months. But if it really is end of bear market, and prices will stabilize, it can help them to be stronger because of rising value of collected funds in cryptocurrencies.

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January 03, 2019, 05:29:37 AM
 #10

If the team did a bounty campaign already for weeks and postponed the ICO after they  see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?

If they already have a working product, why not jsut continue the  ICO after all, they  just need few funds.
By the way Lyfe Project collected overwhelming  funds in  this bear market.

Here are list of projects that did it;

blackbox
WeiDEX
BXBET

I think they also claimed they do have a working product.

If they have a working product and why they must delay their ico? that proves if they are not having any product and they only care about the money. They can't even build something useful to attract the investors.
They are crap platforms. They waiting for the market to recover and basically, they are money oriented.
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January 03, 2019, 05:45:27 AM
 #11

Do not believe most of these developers when they claim they have a prototype, most of these prototypes do not work. I have seen it over and over again projects postponed they ICO for more than a year looking for the right time to conduct their ICO, but now I don't thing it is issue of time but all about investors confidence and we have seen how ICO starts dumping immediately after they hit the exchange


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January 03, 2019, 05:48:06 AM
 #12

I think is wrong, ICO makers must know what crypto market can change from bull to bear in one hour.
So they accept all risks when want to start project in crypto sphere

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January 03, 2019, 05:51:38 AM
 #13

i think it is better to postponed the project when market is down. i believe if they have working project than also they should hold it till the time market situation is not well.
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January 03, 2019, 05:55:21 AM
 #14

Forget about those project. It doesn't worth your time to think about. Next time you can choose a project with really strong background and connections. Try to find a project that has VC relations, most of the time they won't postpone any ICO, but their distribution can be very long, months or even nearly a year.

TL;DR, forget about them, move on.
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January 03, 2019, 06:14:42 AM
 #15

I think is wrong, ICO makers must know what crypto market can change from bull to bear in one hour.
So they accept all risks when want to start project in crypto sphere

Yes, I agree with you, if there is a project to delay their ICO because of the current bear market situation and there is no clarity from the development team, I think the project will end in a scam.
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January 03, 2019, 06:59:31 AM
 #16

Postponing ICO till market recovers is not a bad idea. Even some ICOs that successfully reached softcap/hardcap with working product are still in fear of getting listed just because of the downward effect the current market might have on their listing price. The most important thing during the period of postponement is that there should be regular communication between the development team and the community and more of updates on the progress of the team. Marketing and partnership I think should also be intensified. Postponed ICO is not a bad idea. However, if you perceive dead fish in the project, just be ready to move on.

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January 03, 2019, 07:20:10 AM
 #17

i think it is better to postponed the project when market is down. i believe if they have working project than also they should hold it till the time market situation is not well.

It is possible that the postponing ICO at the time when prices on the market are on the bottom is a good solution to protect the price of the token from dump after entering the exchange. The problem is that no one knows how long the price bottom will last and whether it will not be worse.

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January 03, 2019, 07:58:03 AM
 #18

Postponing might be a better idea, the ICO launching need to be on the right timing, when a positive trend is happening on the market it will attract more investors, if you force the launching then the result might be not good, and when the start is not good then it could affect the growth and the reputation
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January 03, 2019, 08:09:40 AM
 #19

I also have followed a number of bounties which postponed the ICO because of market conditions, and some have even finished their ICO but have not opened the market due to current market conditions. I think the developers must have their own calculations by delaying their ICO, so we can only wait patiently
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January 03, 2019, 08:09:49 AM
 #20

I think most projects postpone ICO because they want to raise more money, but I don't think they need very large funds to get the job done.

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