Badhuamin
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February 03, 2019, 10:25:28 PM |
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it might be because to avoid jumpers maybe because if it is directly distributed all then most bounty hunters will as soon as possible sell tokens that he can with prices on the existing market.
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AlekseyCrypto
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February 03, 2019, 10:29:40 PM |
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Yes, this is one way to stabilize the price of the coin. I think it's a good tool for that.
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kawetsriyanto
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February 03, 2019, 11:19:58 PM |
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I never experienced the distribution like this project. But I am quite surprised that they only distributed 10% of the number of tokens /month. Have you tried to ask the team why they do distribution in this way? I think the bounty manager or the team project can answer your question accurately. We only guess the reasons here by speculation. And I want to know, have the tokens listed on exchanges?
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karsy
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February 03, 2019, 11:33:45 PM |
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I think it's a good way to save the price without dumping. Bountyhunters like selling tokens after recieving immediatly. As for me, I always hodl bounty tokens of successful projects.
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miropp
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February 03, 2019, 11:33:55 PM |
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Yeah, I think it's a way to keep your coin safe from failing. After all, those bounty hunters who do not care how the project will develop in the future usually sell their coins at once. Therefore, the team probably expects that in the end there will be only those who are interested in the project and they will not sell their tokens at once.
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CryptoToxicAvenger
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February 04, 2019, 12:00:01 AM |
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I agree with many people. This is also an unusual solution for the project. After all, this method of distribution will really work. It's good for bounty hunters, too, because they get paid for the actual work.
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eaLiTy
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February 04, 2019, 12:00:32 AM |
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I think it's a good way to save the price without dumping. Bountyhunters like selling tokens after recieving immediatly. As for me, I always hodl bounty tokens of successful projects.
I have being monitoring some of the tokens with big words preaching certain solution and as soon as they hit the market the initial price they sold gets a big hit and end up in big loss for the initial investors and that may be the reason everyone is dumping the coins as soon as they hit the market.
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Henrobakkara
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February 04, 2019, 12:56:50 AM |
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yes maybe team thinks if this is one way to stabilize prices in market but in this way not all projects will succeed because everything depends on development and interest of traders on coin
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EdenHazard
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February 04, 2019, 01:27:17 AM |
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this? is this one way to stabilize prices?
Devs from an ICO project want to keep their altcoin prices stable. All we know, the culture of bounty hunter in this forum, they will sell tokens when the tokens they expected are already in their wallets. I do believe this is a start to avoid dumps, and some projects ICO have used various methods like this.
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Escf4
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February 04, 2019, 01:49:01 AM |
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There are bounty that really distribute their tokens in installments basis, some distribute it by 50% , 25% , then last 25%, others also distribute it by three months equally, I really experienced this kind of bounty distribution for installments scheme.
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ralle14
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February 04, 2019, 01:55:25 AM Last edit: February 04, 2019, 02:39:17 AM by ralle14 |
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Is that coin Vena I read that they are distributing their bounty hunters that way, it is good for participants as long as they can keep up with their project and make sure that they are setting up their platform so holders can expect good price when the token is release.
It's not Vena network they have the same type of distribution but the percentage is higher than 10%. Approximately it's about 33% for vena's bounty campaign since they'll distribute 1/3 of the allocated token per month. I never experienced the distribution like this project. But I am quite surprised that they only distributed 10% of the number of tokens /month. Have you tried to ask the team why they do distribution in this way? I think the bounty manager or the team project can answer your question accurately. We only guess the reasons here by speculation. And I want to know, have the tokens listed on exchanges?
The answer is already obvious if you're a bounty hunter you already know that prices of these tokens will go down after it gets listed to an exchange. Different bounty campaigns have their own way of distributing their tokens sometimes it's fixed % per month others distribute it slowly then it gradually increases month after month.
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juchin
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February 04, 2019, 02:16:37 AM |
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this? is this one way to stabilize prices?
This is the way that new projects lock their tokens to avoid the situation big investors who bought with big amount sell off immediately when it is listed in market
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rangnatht
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February 04, 2019, 02:39:15 AM |
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As many of you already says that it's help to stabilized the token prize once it's list on the exchanges and it's true too also its help you to see real price of token. Also It could be increase holding of token and then nobody can blame that bounty hunters dump the token. So I can say it's a good strategy of distribution process and it's favour with investors and bounty hunters both.
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yeniruieni
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February 04, 2019, 03:05:44 AM |
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In my view, tokens that are distributed every 10% of the total token every month are very good steps. Because I also believe that this can make the price of tokens stable. But everyone also has a different opinion.
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tranquangvinh
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February 04, 2019, 03:11:26 AM |
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this? is this one way to stabilize prices?
Yes, I think so. Some projects tried to distribute the tokens to their contributors and bounty hunters in stages, to avoid dumping the price, especially with this red crypto market. There are even some ICO projects deciding to lock their tokens for some amount of time, for the same reason. I don't understand why they allocate tokens to contributors and bounty hunters to stabilize prices? If the bounty hunters they sell token mean the price will fall?
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SwiggHeart
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February 04, 2019, 03:13:32 AM |
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Yeah, it might be so. They doing that because they don't want to expect any dumps, they just wanted to the bounty users to hold the token first rather than selling it off.
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Jating
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February 04, 2019, 03:18:38 AM |
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this? is this one way to stabilize prices?
Yes, it could be. Remember we're in the bear market and every time bounty hunters got their tokens, it's a immediate dump and obviously the price of that project will go down hard. I'm not sure of the net positive though, it's first time I heard this kind of payment arrangement. So it's early to say if this will be effective and efficient in the long run.
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Nggedebus
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February 04, 2019, 03:22:36 AM |
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this? is this one way to stabilize prices?
I believe it's a way to prevent on the dumping that been done by some of the bounty participant who are willing to have a quick money form the bounty reward that they get, without even thinking about the future of the coins itself.
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Lassie
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February 04, 2019, 03:27:40 AM |
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at this time I receive the distribution of tokens for one of the projects in stages, the distribution is done every month at 10% of the number of tokens that I get, what is the purpose of all this? is this one way to stabilize prices?
most likely it is done to avoid such big dump from mostly bounty hunters, usually when bounty hunters recieved their tokens from campaign they will dump it on exchanges in no time, resulting to price dropped
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Levyathan
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February 04, 2019, 03:59:39 AM |
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It pretty sounds cool of their strategy to make such preventions on the dump once they hitting an exchange.
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