Is it ok to lock your bounty for 4 months

[ivaf]

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

Yes, it is normal. You understand that when you join a campaign bounty, you agree with its rules. And with any changes to these rules at any given time. And the project has no obligations to you, since you are not an investor.
So, I received tokens, I managed to exchange them on the exchange - well. The project did not pay anything, or the token could not get on the exchange - forget it, and move on.

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[lepbagong]

maybe this is one way of dev and the team to extend the time to see the market situation again to look good again while developing. because indeed if it is enforced it is certain that the exact price will be below the price of ico, obviously it will cause many to be disappointed. waiting and developing is one of the alternatives.

[Bezobraznike]

Come on people they have Total supply:  1,000,000,000 LK and the bounty hunter allocation is 5,000,000 not even 3% of the supply, where did they get the idea that 5 million supply can disrupt a volume of 1 billion I don't know this is the first time I joined a token that was locked this long.

   I get you Judeafante, but maybe they don`t want some low volume exchange and team is waiting for deals between them and quality exchange with high volume.

   As I read in their thread this ICO reached hard cap:

They have reach hard cap as announced on their channel and they are distributing bounty hunters their shares this looks like a very good project, I seldom seen a project getting or reaching their softcap but not the hard cap, looking forward to seeing this in big exchanges

   I don`t understand this term "locked tokens"? How can someone lock your tokens in your wallet? Creator of this thread is a bit confused, he needs to wait until this token gets
listed on some exchange.
   I waited more than 6 months for Cedex token distribution and only after few more months they were listed on one exchange. I didn`t sell anything, I like to be informed, I don`t
understand why people hurry so much to sell tokens for low price when in future this tokens can worth much more.
  

[thesmallgod]

Many ICO does that because they believe the project will be dead when hunters are gifted their token due to regular believe that hunters always rush to dump token in exchange but to me, the idea is not good. In fact, I have recently believed that many investors do dump token as well especially those that received bonuses that is almost equivalent to the amount they bought. From experience, any ICO that does that hunters put them in the risk of holding token that might be worthless when the time come provided the project has not turned to scam before 4 months. ICONIC locked bounty hunters token for 12 months but the project is already dead before 10 months

[cherryganda]

It is on the ICO team decision and participants has no power to change it.
Sometimes ICO team wants that to happen for the sake of market price for their tokens/coins.
It is sometimes approved by most investors, for the safety of their investment.

[Anatolich]

If the project is good, no one will freeze anything. Now disappointment with this all, there are always cool projects, but you need to look for a long time. Well, people no longer believe anything.

[SRKNGL]

In the case of reward issues, in general, managers can change the rule if they want to rule. There's nothing you can do when they pull these rules out later.

[puremage111]

Well it is somehow fair imo
People spent money to purchase tokens
But bounty is basically people doing work for token

It may "seems bad" for the investors who put in money because some bounty hunters dump every token they received without a doubt
Hence a Bounty lock is ok for me

[baghdatis1990]

     It is the decision of the project manager to block the token for a time. They make part of their strategy, most of the times to protect the token. You can do nothing meaningly. It is not normal how it was done. It was normal for all bounty hunters to know the situation and decide whether or not they deserve the project. Still, I think you are a happy one. There are many projects that seem real and do not offer anything because they are SCAM. You really need to be happy.

[chanler]

I also get token XDMC a month ago but I can trade it after the end of ICO, that is in the first half of this year. And some coins are going like this, with the very long time exchange listing, such as AMBIT. Well, I don't really know what's going on. But, i think I must save them and wait for the right better market. I think it is no problem as long as this is not scam or dead coin.

[coin-investor]

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

Yes, it is normal. You understand that when you join a campaign bounty, you agree with its rules. And with any changes to these rules at any given time. And the project has no obligations to you, since you are not an investor.
So, I received tokens, I managed to exchange them on the exchange - well. The project did not pay anything, or the token could not get on the exchange - forget it, and move on.

if I am your bounty manager I will not pay you because it's ok for you if I will not pay you for campaigning for us for free, they have an obligation of course, where do you get the idea that they do not have an obligation to pay bounty hunters, they invest their time and effort, I hope your bounty manager will not read this or he will consider this as working for free.

[starplaks]

They will be able to do this simply by blocking a smart contract, this rarely occurs, so there is nothing surprising!

[shesheboy]

if the bounty is reputable and can assure that they are paying i guess its ok to wait because maybe they are having a problem on thier side .  and besides working on a bounty do actually reaquires a solid patience because they'll eat more time than a normal signature campaigns that pays in basic cryptos  .  in the meantime why cant you just apply for other bounties ?  the rewards can stack up  and you can sell them all in the future along with the market recovery  .

[darkangel]

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

With me it is a good way for them to ensure their token is not dumped during this period. The market is bad and if their tokens are dumped, it is difficult for their projects to continue to operate and their tokens are not valid. It is best to lock it and wait for the market to be a little better

[letyouearn]

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

This doesn't look good, that's for sure. They should have warned all the participants before the start of the campaign. But maybe this will be better for every participant - selling now is useless, I would hold everything till the next bull run.

[gwaposakon]

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

The people running the project is doing this as a strategy to raise the value of the coin and control bounty hunters in dumping their reward thereby devaluating the coin's price. I think as long as the project is legit, it is ok that your stakes will be locked. This way when you unlock it later and sell in the market, you will have a bigger value coin.

[manfredmann]

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

This is.not the only team doing the locking of bounty rewards. I have known other projects whose team also doing this. Why? because they believe that bounty hunters will be made a huge dump where market rulings states that if there are more people selling compared to buying then the crypto market price will definitely go down. So.meaning bounty hunters could be one of the reason why market will going to fall down for that crypto.

[deep4u]

It's only thinking that Bounty Hunters mostly dump the prices of tokens, that's why most of ICOs lock the token’s, but it doesn't help to keep prices stable in my opinion. There also other reasons for  token price to keep down like supply and demand for particular coins.

[aioc]

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

This is.not the only team doing the locking of bounty rewards. I have known other projects whose team also doing this. Why? because they believe that bounty hunters will be made a huge dump where market rulings states that if there are more people selling compared to buying then the crypto market price will definitely go down. So.meaning bounty hunters could be one of the reason why market will going to fall down for that crypto.

That's not true, bounty hunters only hold a very small percentage of the supply roughly 2 to 5% of the total supply, it is not enough to bring the price down and if ever all bounty hunters, dump their coin if the project is really that good there will always be taker of those dump tokens.

[suzanne5223]

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

It not normal but we cant blame most of the owners or teams of this day because the crypto market is bad affected with the current down trend of the market. This leads to new project owners looking for every alternative to secure the price of their project and  the only thing you can now is to have patience since you have received your token.