Ostonian
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February 04, 2019, 01:11:56 PM |
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As if the developers did not try to preserve the value and value of their tokens, but this is the worst thing that could be done in the bounty. Considering that the earnings from the bounty campaigns today are minimal, they still break it up into several parts. That's just terrible. Until then, until you all pay, these tokens can significantly fall in price.
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robelneo
Legendary
Online
Activity: 3374
Merit: 1224
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February 04, 2019, 01:13:13 PM |
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I'm ok with installment as long as they will distribute 50% of the earned bounty and 50% after a month but 10% every month will take bounty hunters 10 months to receive the total bounty which is not good, I hope no other ICO will follow this method.
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trash321
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February 04, 2019, 01:17:57 PM |
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Hmm ... I don't understand what's the point. Here, you probably need to talk only about the credit component and only for this reason people here should definitely perceive everything that is happening in this way.
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yescrypto
Jr. Member
Offline
Activity: 319
Merit: 2
A nexgen decentralized ride hailing
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February 04, 2019, 02:45:39 PM |
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It really looks weird but also experience such, to them they are protecting the price from dumping by the bounty hunters, but to be sincere about all this a good project does not look on all this as long as their project worth it nothing to be scared about. As far as they still pay you is fine.
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DRIFE ●● █ NEXGEN DECENTRALIZED RIDE HAILING PLATFORM █ ●●●
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pundit
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February 04, 2019, 03:23:34 PM |
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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 of the ICO people think that bounty hunters will dump their tokens together which will lead their token price to south which is true to some extent. I think distribution in stages is one good method of token distribution. I have joined a bounty campaign which is distributing reward weekly. Good ICOs are making everything clear in the beginning and thats good, just read everything before joining any campaign you will have better idea.
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Sri rahayu
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February 04, 2019, 03:27:42 PM |
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indirectly, they want people to hold the tokens they hold forcibly, so that prices don't go down too deep after distribution, i think that's the wrong way, because many bounters ask when the distribution is, and keep asking questions so that it makes the forum murky. Developers should still share their tokens completely so that the atmosphere is conducive, and they simply freeze their tokens regularly to keep prices stable.
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Invigorated
Jr. Member
Offline
Activity: 266
Merit: 2
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February 04, 2019, 03:30:57 PM |
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It quite understandable that some projects are choosing this type of model at this time seeing that, the market conditions are unfavourable. Distributing all at once could be devastating at this time knowing that people will surely dump at the first chance of getting their rewards leading to massive price slumps and crashes which may be too difficult to recover thus, leading to loss of confidence on the part of the investors ultimately leading the death of the project. Project teams need to be careful with their policies at this point in time.
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jhongzjhong
Full Member
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Activity: 798
Merit: 109
https://bmy.guide
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February 04, 2019, 03:47:28 PM |
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indirectly, they want people to hold the tokens they hold forcibly, so that prices don't go down too deep after distribution, i think that's the wrong way, because many bounters ask when the distribution is, and keep asking questions so that it makes the forum murky. Developers should still share their tokens completely so that the atmosphere is conducive, and they simply freeze their tokens regularly to keep prices stable.
Yes, that is the wrong way. Why they have minimal the cost of possible dumping price that they all know after listing from the exchange it will dump. Bounty hunters helped to show up the project and they want profit, a company must have buyback implementation for the sake of their project and the bounty hunters. I also noticed that some projects are doing those strategies.
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Firefoxx
Copper Member
Jr. Member
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Activity: 280
Merit: 5
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February 04, 2019, 03:49:46 PM |
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The distribution of tokens in phases play a lot of role but one of the prominent ones is anti-dump, it would be hard to resist dumping your tokens once it exceeds your expenses and this might contribute in pushing down the price. So this method prevents that from happening.
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letyouearn
Legendary
Offline
Activity: 1722
Merit: 1014
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February 04, 2019, 04:16:22 PM |
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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?
Yeah, it is. Most of the people are trying to sell their tokens as fast as they can now, when the market is so dumped. Silly behaviour but everybody is frightened and this leads to dramatic price dumps after almost every ICO now. So, devs have to do something with this situation.
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rricksu
Jr. Member
Offline
Activity: 182
Merit: 2
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February 04, 2019, 04:19:15 PM |
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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?
Does that just make the distribution process complicated? Like I see it can be an additional job for the bounty managers to do some installments for the payments for the bounty hunters.
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Golstrim
Sr. Member
Offline
Activity: 1456
Merit: 253
Margin Trader
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February 04, 2019, 04:24:37 PM |
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Apparently it was made just to settle price in a range and it means stability. New project need to be regulated and it is required to waste time in order to allow ecosystem to grow!
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Irvinn
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February 04, 2019, 05:39:24 PM |
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I'm ok with installment as long as they will distribute 50% of the earned bounty and 50% after a month but 10% every month will take bounty hunters 10 months to receive the total bounty which is not good, I hope no other ICO will follow this method.
Transferring ten percent to the bounty hunters wallets every month soon, I think, will get bored by the ICO team itself and in a few months they will transfer the entire amount of tokens or they will transfer several tens of percent every few months. In general, this is not a good idea, however, such measures during the bear market are forced. I would rather agree to a one-time transfer of the entire amount of tokens with the subsequent blocking of tokens in the wallet.
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zarintasnim
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February 04, 2019, 05:48:14 PM |
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Distribution of token in installment it very good. Because when all token go on market than market will go down. In present time market is read. Company or project manager take very good decision to avoid dumping on token price.
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milewilda
Legendary
Offline
Activity: 3248
Merit: 1155
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February 04, 2019, 05:49:02 PM |
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Possibly your manager or the team has a valid reason to do that to avoid dumping because most likely that is going to happen after they receive the stakes. But distributing it every month with only 10% is a bit slow process, can they think something else to just not do it like that because it could take 10 months before you do get your stakes even if it's just too small. They should consider to think that too.
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Bttzed03
Legendary
Offline
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
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February 04, 2019, 06:08:38 PM |
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I understand the purpose of installment payment but distributing bounty rewards for a period of ten months is just too long! That's just crazy and it's probably time consuming.
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shakesbear
Member
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Activity: 684
Merit: 10
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February 04, 2019, 06:16:57 PM |
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I am interested in the result, is it possible for them to protect the token price from the dump or not ?
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tonibyuzen
Jr. Member
Offline
Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
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February 04, 2019, 06:58:34 PM |
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I think that the developers of the coin take care to preserve the stability of its exchange rate. In my opinion, this is the right approach, as now many are trying to get rid of the coin immediately and this negatively affects its course. If this is a promising project, then perhaps waiting for the coins will be rewarded with a good profit in the future.
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Aiberg
Copper Member
Jr. Member
Offline
Activity: 153
Merit: 4
CCECOIN
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February 04, 2019, 07:48:14 PM |
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I think that gradual distribution in a 10 month period is too much though, but I think it was done that way because if dumpers, this would force people to hold the tokens for a long period of time.
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burky156
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February 04, 2019, 07:58:23 PM |
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Yes this is something new and for the stabilizing price. As a bounty hunter i believe that this is the best way for stopping sundden price dumping. Usually after the bounty reward distrubition the bounty hunters would sell their coins and the price goes down so fast. I always try to hodl with my bounty coins and follow the projects milestone times.
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