Is it ok to lock your bounty for 4 months

[robelneo]

This is totally insane for project managers to decide on such a decision on prior to distribution, why not before or during the bounty campaign but rather prior to distribution. Do they think this solves dumping, I know of many projects that locked their token and it even dumped more than they expected. Locking is not the antidote for dumping.

Not informing about the blocking period at the very beginning is very unfair, same asn not informing that KYC will be required.
However, the idea itself is not completely insane. Often the project needs a few months to attract the eyes of investors, especially in the situation in which the market is now. So finally it can also be very profitable for bounty hunters.

We see this type of situation from the bounty companies. In the beginning, they won't mention any locking period and KYC but after collecting enough, they will start teasing the bounty hunters to send the documents for KYC verification. We have experienced this type of companies which sometimes we don't receive the bounty at all.

Its part of their character, another coin that threatens to lock bounty hunter's share is Adab although it is not yet confirmed, there's a possibility they are going to, it's a big buzz in their channel, Adab falls into a dubious character in bounty hunting, they have no announcement of KYC after the ICO they announce they will ask for KYC, they promised they will send all bounty hunter's rewards, but they cut it with a whipping 80% there's no future here in Adab.

[AliMan]

Joining bounty that offers legit platform can be trustworthy, and I guess when that bounty rewards locked within 4 months then the results can be promising it wouldn't be a problem. But, I don't think that's acceptable for the bounty hunters, longing for some value on their tokens after waiting for so long and yet they couldn't trade their asset because it wasn't listed in any trading site.
It would be better for those developers to don't run a bounty project if they can't accommodate to provide their token enough funds for trading.

[nonbody]

If you plan to hold your favorite tokens for a long time, I think there is no problem with locking for 4 months. If you are a short-term trading operator, such a solution is not desirable.

[sayaya17]

Locking bounty tokens to bounty participants is common for bounty projects, most projects now often lock bounty tokens so that participants cannot sell them directly when tokens are distributed to participants. Actually, if this is in the bounty rules, that's okay, so before you join the bounty project, read the rules first so that we know that after the tokens are distributed to bounty participants, the tokens are locked or not.

[kodtycoon]

Locking bounty tokens to bounty participants is common for bounty projects, most projects now often lock bounty tokens so that participants cannot sell them directly when tokens are distributed to participants. Actually, if this is in the bounty rules, that's okay, so before you join the bounty project, read the rules first so that we know that after the tokens are distributed to bounty participants, the tokens are locked or not.

but usually in written rules about the developer or BM can change any rules and of course it becomes one of the risks that must be faced because of the problem is, whether the project will really continue to develop or not, if during the time period the project like there is no change which promises then it will be something very bad

[VDraci]

It depends, if holding the coin will make it more value or avoid dumps then it's worth the waiting, all this lockings starts after bear market took over, project teams don't have a choice but to use different ideas to keep coin value alive

[Naficopa]

With the current market condition, blocking coins even for a much longer time seems to be a very good solution. The blocking period gives the project time to develop and prove its potential. A few months should allow to achieve the first successes and interest investors. Thanks to this, project can avoid a drop in the price of the coin immediately after listing on the exchange.

[freedomgo]

With the current market condition, blocking coins even for a much longer time seems to be a very good solution. The blocking period gives the project time to develop and prove its potential. A few months should allow to achieve the first successes and interest investors. Thanks to this, project can avoid a drop in the price of the coin immediately after listing on the exchange.

It would be a good solution but it will only satisfy us if we are also seeing some kind of improvement by the project although we don't hold the token reward yet, some of the projects I joined hold the bounty and I have not seen their progress, that's really disappointing.

[Naficopa]

With the current market condition, blocking coins even for a much longer time seems to be a very good solution. The blocking period gives the project time to develop and prove its potential. A few months should allow to achieve the first successes and interest investors. Thanks to this, project can avoid a drop in the price of the coin immediately after listing on the exchange.

It would be a good solution but it will only satisfy us if we are also seeing some kind of improvement by the project although we don't hold the token reward yet, some of the projects I joined hold the bounty and I have not seen their progress, that's really disappointing.

This is a risk that can only be reduced by thorough analysis of the project and developers before joining the bounty program or investing.

At the moment of the bull market there is no problem with the inflow of new funds, so blocking is not needed. However, during the bear market period, unfortunately, this is often the only solution.

[Kupid002]

With the current market condition, blocking coins even for a much longer time seems to be a very good solution. The blocking period gives the project time to develop and prove its potential. A few months should allow to achieve the first successes and interest investors. Thanks to this, project can avoid a drop in the price of the coin immediately after listing on the exchange.

It would be a good solution but it will only satisfy us if we are also seeing some kind of improvement by the project although we don't hold the token reward yet, some of the projects I joined hold the bounty and I have not seen their progress, that's really disappointing.

Good solution only for short term, they just want to delay the dump that will happen once bounty hunters sell thier shares. The best solution is to buy all of them from bounty hunters not freezing in a months. Even you successfully delay the distribution the result will be the same after the locking period finish.

[Naficopa]

With the current market condition, blocking coins even for a much longer time seems to be a very good solution. The blocking period gives the project time to develop and prove its potential. A few months should allow to achieve the first successes and interest investors. Thanks to this, project can avoid a drop in the price of the coin immediately after listing on the exchange.

It would be a good solution but it will only satisfy us if we are also seeing some kind of improvement by the project although we don't hold the token reward yet, some of the projects I joined hold the bounty and I have not seen their progress, that's really disappointing.

Good solution only for short term, they just want to delay the dump that will happen once bounty hunters sell thier shares. The best solution is to buy all of them from bounty hunters not freezing in a months. Even you successfully delay the distribution the result will be the same after the locking period finish.

This does not necessarily have to be the way .. If developers are active and the project moves forvard, many bounty hunters during the lock period, may notice the chances of making a profit by not selling tokens at the very beginning. In other words, if there is no blockade, everyone will want to sell immediately and the price will definitely fall. When there is a blockade, there is a chance that there will be no such problem.

[VDraci]

IMO project locked 90% of bounty reward for 12months and bounty hunters are not even sure if the project will still be alive by then, 4month is not very far and if this will help the project in any way then its all good