Is it ok to lock your bounty for 4 months

[ololajulo]

Teams that do this must give no exception to bounty hunters alone, Investors of certain size of token should also be controlled. such token must be listed on exchange at least at the second month of the lock into the 4th month before unlock. Sometimes it is mere deprive of bounty hunters, if investors can trade.

[1714685925]

1714685925

[1714685925]

1714685925

[triangles]

I once met a project that made a lock on a reward bounty is a dealcoin the reason is because they prioritize investors but still in the end the project falls, and it looks like locking is the wrong choice

[spike420211]

Personally, I am ready for the part of the tokens I received to be blocked for a period up to one year maximum, provided that the token does not fall in price during this time, or on condition that the developers buy out the token from me in a year for a price not less than on the ICO.

[jagaban]

Same thing happened to me last year when I did iconic bounty on bountyhive platform. They never mentioned locking during campaign till towards the ending. To make it worse, locking period was to last about 7 or 8 months. Meaning latest last November we should have our tokens unlocked but lo and behold! Team is nowhere to be found. Project abandoned or just basically, scammed! It is just part of the things we bounty hunters face. Try not to be dejected and work on other bounty projects. Good luck mate!

[gendang_cinta]

I once met a project that made a lock on a reward bounty is a dealcoin the reason is because they prioritize investors but still in the end the project falls, and it looks like locking is the wrong choice

if the project is good then there is no need to lock the token especially for months. so it's likely that the project is bad if it locks your gift. or that's just an excuse because they don't want to immediately announce if the project really fails.

[sulendra12]

They most likely just to make sure that they don't want their coins has low value once hits to the exchanges, like most of new coins do. Yea, it sounds really unfortunate to lock your payment and you can't get your money after your "hard" work. But, it's not all their fault.

[Coltpython]

Some projects fear that their tokens value will be dumped after listing on exchanges so they implement certain drawbacks like "locking" in order to protect the value of their coins. However, I agree that they should have informed you earlier about their plans but it is what it is...

[Anonylz]

I have liker token and I didn't realize that they locked it because I never have intention to sell it. Because of current market condition, I have no problem even if they locked it and just 4 month, in the crypto world maybe it just short of time. I have experienced many token without locked that never good in the market. So personally I will enjoy liker coin with hoping their strategy will work to make better price.

Really? do you think that's best approach to control price dump? Okey lets assume your liker tokens where locked for 4 month for every participant, and depending on the token allocation to this bounty - it could huge amount or not, then it is time to releas to to all participants, dont you think it will still affect price in a way?

[vhns222]

Yep sometimes it happens but they do this because of market situation, as most of the hunters would dump tokens but they must do this with early investors too.

[alonelyorange]

I hate with some bounty campaign reward lock for several months later, many bounty campaign reward always lock their token giving for bounty participants about two or three months and open it after price dump and lower.

[Labumi]

I hate with some bounty campaign reward lock for several months later, many bounty campaign reward always lock their token giving for bounty participants about two or three months and open it after price dump and lower.

there is nothing wrong if some bounty campaigns still lock their tokens a few months after distribution because I think that is only part of the strategy so that the price of the coin at the exchange does not collapse and does not make many investors lose.

[Irvinn]

Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?

This is their thread
https://bitcointalk.org/index.php?topic=5061763

Blocking received new tokens in our wallets is not very pleasant, however, believe me, this is not the worst option at this difficult time. The fact that you received a token and the project will develop, this is already a great rare success in our time. Almost all new tokens that fall on the stock exchange fall in price, sometimes thousands of times. Therefore, I am not even interested in the price of a new token on the stock exchange, because I know that selling them now is not profitable. Therefore, I would not be worth worrying about blocking tokens in the wallet; the ICO team thus saves them from depreciation.

[uralcryptocoin]

Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?

This is their thread
https://bitcointalk.org/index.php?topic=5061763

Blocking received new tokens in our wallets is not very pleasant, however, believe me, this is not the worst option at this difficult time. The fact that you received a token and the project will develop, this is already a great rare success in our time. Almost all new tokens that fall on the stock exchange fall in price, sometimes thousands of times. Therefore, I am not even interested in the price of a new token on the stock exchange, because I know that selling them now is not profitable. Therefore, I would not be worth worrying about blocking tokens in the wallet; the ICO team thus saves them from depreciation.

Exactly! The receiving of bounty tokens now is big luck.
Maybe they give a gift to you that hold your tokens. It's probably in May their cost will be higher

[rutherford]

If you think 4 months is long enough, i have to wait for almost a year. I finished my bounty on April 2018, and I just got my token on Desember 2018, and now the token hasn't even release in the market. It's annoying if they made you wait but then again, they have their own strategy so that their price won't drop and ruin their price in the market. You just have to be patient.

[farlack]

It is not ok, but do you have other options? I don't think so, because bounty hunters have to wait in order to receive their reward. Nothing more can be done.

[dizzy1996]

On the one hand, this is true, since with this action the project will secure the course of its token, but in such cases it is necessary to initially notify the participants of the company’s bounty about such actions, but on the other hand, for 4 months, no reward will be wanted.

[moonblocks]

If you weren't informed of this condition up front it's not really fair but the terms and conditions for bounty campaigns generally tend to change at any given time even without prior notice and there's not a real lot you can do from a legal point of view so just be patient and you should receive your rewards

[79b79aa8d5047da6d3XX]

I once met a project that made a lock on a reward bounty is a dealcoin the reason is because they prioritize investors but still in the end the project falls, and it looks like locking is the wrong choice

Yes because those are scam projects and no matter how they do, their projects will fail. I really hate those projects because we have wasted a long time but we have to keep waiting when the rewards continue to be locked.

[LiquorBan]

This is a good move for the project to lock bounty tokens to protect the price and prevent dumping because some bounty hunters once they receive their token they will immediately dump and the price will go down.

[kakawin]

The project is trying to avoid a sharp decline in the price of the token. This is good for the project, but unfair to bounty hunters. Most likely, you just have to put up with it, because it is connected with the state of the crypto market.