Locking Bounty Rewards To Avoid Dumping

[spadormie]

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters 

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

This is the possible event that will happen.

1- The coin will be dumped by the team themselves. Cheap move by the team, there were many teams doing this. They are just taking advantage on those who invested and trusted their porject.

2- The coin will be dumped by the bounty hunters. All bounty hunters care is the payment of their work. I think this is just the part of the system when there is an ICO that has a bounty. But, this kind of thing will hurt the token of the project. This is why whenever there is a payment from bounties in which I joined, I try my best not to sell. Since I put my trust on that project. And when it could get high and when I think some investors got their ROI, I'll sell.

I guess that this kind of possibilities makes the ICO less trustworthy. The ROI of each project is too low for those investors. That's why many does not want to buy in ICOs right now.

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[JuliaJi]

I dont understand such compaies, they guilting market and dont develop their projects, I think if project is good and have interesting idea it will be working

[D1jay]

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters 

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

If for example %1 out of the total supply of a project is given to thousands of participants to share     how will it even be possible to have any meaningful impact on the price of token? Other than the crazy bonuses given to private investors who supported the project financially at the beginning, they have the power to dump price,   judging from your post it did shows that after locking bounty hunters reward price of token still tank which shows hunters reward is not the real issue here.

[Jenkins33]

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters 

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

There is a very good way to solve this problem - to pay bounty hunters in Bitcoins or Ethereum.
But developers do not want to do this for two reasons. Their tokens, which they pay to hunters, cost nothing to developers. And also in the event of a fall in the price of their tokens, there will be no one to blame, because bounty hunters will be paid in hard currency.

[Anonylz]

Locking up bounty hunters reward to prevent a dump in price is not the solution to the problem, rather as already stated above project owners should reward hunters with btc or eth to avoid dump of an upcoming tokens of a project, but sadly only few campaigns actually pays with btc or eth, the rest only wants to reward with their tokens regardless of what will happen to price afterwards, the team are not been reasonable, can't blame hunters who wants to cash out.

[L A R A]

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

I agree with you, locking a bounty token is not a good thing because even though dumps cannot be avoided, except for a project that has a strong community I think dump of a bounty can be avoided

[temilade200]

really, what should be locked is the team token section, last year many of the ico projects used this method, but nowadays there have been many changes to the ICO project, this will bring destruction and make investors reluctant to follow ico again

That is why despite bounty hunters not being paid early enough, tokens still dump. Most projects teams are after their personal gains. They want to dump what they have and abandon the project, leaving investors with their predicament.

[Augustyusuf]

I thinks thats a good idea, but please dont do that,  because we as hunters, mostly of us but not all of them make a bounty rewards for our life need, because of course we need fast money to used.

[Niam_bakri]

I agree with you, locking a bounty token is not a good thing because even though dumps cannot be avoided, except for a project that has a strong community I think dump of a bounty can be avoided

it all depends on the strategy of the team how to overcome the dump of the bounty hunter. if they care about the market, they should be able to keep the initial price for a few months in the market by secretly repurchasing the coins sold on the market. it will foster community trust in the future. and it can also grow larger investments in their projects.

[r1a2y3m4]

Actually I don't think that this will be a solution to your problems. Since there are a lot of team that is cheating on both investors and bounty hunters. If they want to just lock up the tokens they will do that so that they'll be to dump first not those two parties I stated.

[Rapidgator]

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters 

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

I really like this discussion but sometimes the team just need to go with lock bounty tokens option because not always project is going to have money for buy-back operations in mid-term future.

[crispyfry211]

It is a nice way to protect investors pay bounty hunters in eth or btc they can also use cash for bounty participants to avoid token dumping after listing.I like the way of some bounty campaign that pay bounty hunters separately amd gives them a good benefits after promoting the project,this issue must be warn and muat be known by bounty teams.

[BurstBurst]

There are so many problems with bounty especially bounty holders of the tokens they get in the bounty they encounter one of their problems are the dumpers because once the bounty is done and distributes the token and when they get it They immediately sell at a price even though the price is so much in the bounty so the other admin in their bounty they first crack the token so as not to dump the price otherwise the allocation for the bounty is only limited to preventing the dumpers especially if the allocation of a bounty is huge but there are also scams of bounty and excessive quantity and I can say bounty hunters are bitter especially if they do not know enough and if they do not know the legit bounty.

[burky155]

As a bounty hunter i really like that, in any bounty campaigns we usually wait more then 10-12 months to get our bounty coins and we make rush to sell them in first minutes in exchanges. Otherwise the price would go more down, as we all know that. But we can wait more months and after our bounty tokens unlocking we can sell or trade with the right price. Everyone should ask for this..

[SistaFista]

So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters 

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

There won't be any guarantee that locking token rewards for bounty will prevent dump in the market.
They think the investors invested on their project will never sell their coin, but they are wrong.
Some whales investors may want to sell some part of their token to invest in another better project they just found.

[anggle]

Coin development depends on the ICO team. This team must be more solid and able to work hard to attract investors. Although many coins have been reduced the coin has managed to rise again. And now many coins are the key to avoiding decline. This is actually not effective enough to keep prices stable.

[bering]

Every bounty hunter don't want to see their tokens dumping even if possible the tokens always be pumped but unfortunately there is no such thing that price of movement for each tokens will be so different depend on exchange volume or the devs communities how far they can maintain their projects to avoid dumped

[steveabrahams]

Every bounty hunter don't want to see their tokens dumping even if possible the tokens always be pumped but unfortunately there is no such thing that price of movement for each tokens will be so different depend on exchange volume or the devs communities how far they can maintain their projects to avoid dumped

No one want to see the tokens dumping but the problem is the bounty hunter themself that makes the price fall, they sell all their tokens once the token listed on exchange and it makes the price dropped. Maybe if all bounty hunters hold the tokens, the price will not fall.

[X-ray]

Coin development depends on the ICO team. This team must be more solid and able to work hard to attract investors. Although many coins have been reduced the coin has managed to rise again. And now many coins are the key to avoiding decline. This is actually not effective enough to keep prices stable.

Why many coins are the key to avoiding the decline? this was discussed about the possibility of the locking period to the bounty reward to reduce the dump. If the team can do a proper development and attract investors and that will create FOMO that will give a huge impact to the liquidity and i guess you have understood about that.

[dipeco]

I believe that bounty hunters have the same rights as investors, because they have invested their time and effort to make the project to collect its funding goal. A much better way is to pay them with stable coins or ETH/BTC.