Is it ok to lock your bounty for 4 months

[tamango]

Yes I received many tokens that were locked for months....it's not a problem for me.. this is a very bad period for ICO so I'm happy if I receive tokens even if they are locked..

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[Bonwin]

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

I do not support this decision of theirs, because I expected it to be stated on the bounty thread that the tokens will be locked for such period of time.
During the campaign period of Bidooh, it was clearly stated, so those who joined already knew that.
Well, you just have no choice than to wait for the period to be over, because the ball is in their court.

[@prashant]

it is generally done by many project so that bounty hunter do not dump their coin right away but i think 4 month is too long ya 1 month or in a sequence distribution is okay but 4 month is bit too extend.i also been a part of a bounty which payed bounty hunter after 1 month but its okay as they have to show trust to investor so they have first right to trade.but they are many scammy project are there so first check the project then u can be assured that they will pay you or there should be escrower.

[gabmen]

Yes I received many tokens that were locked for months....it's not a problem for me.. this is a very bad period for ICO so I'm happy if I receive tokens even if they are locked..

Well devs probably think this may be a solution for tokens dumping right after thet get to an exchange but token holders would eventually sell them anyway after the lock period. Personally i wouldn't mind staying with them for 4 months or longer especially if they seem to be good projects. I've done so already in the past with icos like waves.

[anume123]

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.

Don't judge bounty hunters also because all of campaign that can join in every ico you need to send reports time to time. Even you call this a free work you apply also in the sheet for beggining on it. It's also hard to find campaigns for people who get scammed and wasting time and effort on it. If they think don't want to price of their token get dump it's better also pay them Eth/Btc after working in a ico.

[marketone]

Sometime it is very good to lock for more than 6 months, because it is very good to see the actual development in the market. We should always follow their development activity mean while in order to get update in the market.

[princeyeboah]

Well, locking of tokens for any specific periodic of time sometimes depend on the readiness of the product of the project. Many projects raise funds for the development of their product through ICOs, hence a project may finish its ICO yet not ready to be traded on the market. To avoid the trading of the coin under its value, the team decides to lock it until the product is ready for the market.

[Ribbitforum]

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

there some bounty that they really locked the coins of every bounty hunters they doing that to avoid dump and thats there strategy to protect the early adopter investor to not lose there investment when the coins get listed on first exchange. Its ok as long as they will release it after 4months as long as its still have a value in the market, if not then i can tell you its not ok.

[deloodin]

I think that the guys wanted to protect their startup from falling the value of the token. This is very common)) But as far as I know the team of the Saturn.Black project is not going to do this. By the way, they have bounty now, 2 rounds at once!

[Omela44]

Be glad that you only have to wait 4 months and you have received your payment already. Many bounty campaigns do not pay anything and that is really bad. To wait four months, however, is not a problem.

[bezzler]

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

In my opinion, that would be totally fine, Perhaps the reason would be they are avoiding the coins to get their coins dumped.
Mostly any project owner suspecting the bounty participant is the one responsible for any dumping of a coins.

[Callanta787]

I've seen something like that in the past, locking bounty for 4months happens sometimes to avoid dumps from bounty hunters ,its nothing to worry about after 4months you will be able to trade

[andra73]

I've seen something like that in the past, locking bounty for 4months happens sometimes to avoid dumps from bounty hunters ,its nothing to worry about after 4months you will be able to trade

maybe that's a good goal, because like that, the price will be better, but investors don't dump. I myself don't have much problem with lock for paid bounties. but that could only be to protect the interests of investors.

[KingDome]

Locking the token for 4 months is not really a great thing especially for the bounty users who already wanted to cashed out their funds after their hard work.

[karagun125]

I think this is not in favor in the part of the bounty hunters, but this would be a solution to a token that would be going to dump its price. I also think the posaitivity on locking the rewards for the betterment of the price of the coin. And i think 4 months is good enough to wait and its better rather than if you get your reward right away then the price is dump.

[gabbie2010]

I think it's part of the strategy some project managers used by some project to prevent from early dumpers from bounty hunters. And thus, it must have been mentioned in the whitepaper or the roadmap that the token will be locked for a certain period of time and that time must be due followed. And mind you, one must also know when the unlock period will be so as to avoid been dumped onto.

How will locking of tokens stop  dumpers even after the four months elapsed? I don't believe this delay tactics by some project manager will stabilize the price of their token, of course a lot of investors and bounty hunters would have reached conclusion of selling those tokens outrightly, I also participated in a bounty wherein almost a year now they refuse to get listed while citing unfavorable market conditions and to avoid dumping of their coins.

[Ozero]

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 blocking by the ICO team in our wallets the tokens listed to us for participating in their campaign of bounty ICO for several months under normal conditions is of course not normal. However, now we need to take into account the current state of the cryptocurrency market. Now, almost all new tokens, after they hit the stock exchange, depreciate simply catastrophically, sometimes thousands of times. It seems to me that it is better to wait a few months now, or even more than to have a discounted token.

[erkan.camli]

Many bounty's have the same problem. Initially, unwanted rules can be added later. Some bounty had no KYC requirement. When it came to the award distribution, they put the KYC requirement. They make it hard not to distribute the awards. They must continue with the rule set at the beginning.

[pocketfullofpoke]

It's the ICO or team's right to hold or lock the tokens for 4 months before you could ever trade it somewhere else. They are doing that for so many reasons that might even come as a surprise for both investors and bounty hunters as well. All you have to do is just wait and see if it really works.

[mirakal]

It's the ICO or team's right to hold or lock the tokens for 4 months before you could ever trade it somewhere else. They are doing that for so many reasons that might even come as a surprise for both investors and bounty hunters as well. All you have to do is just wait and see if it really works.

They can do that if they are transparent from the very beginning.
At this situation, I think their actions could be justifiable because if they'll release it and people will dump
there's a chance that a project will be having a hard time to recover.

You can just think that you are investing in a company and what they are doing is not only for your interest
but the interest of the majority, so I repeat, as long as justifiable or legal, that's acceptable.