Locking Bounty Rewards To Avoid Dumping

[Ailmand]

I wonder why the blame of dumping is always on the bounty hunters where they just did their jobs. Not all bounty hunters are dumping once a certain coin is listed. Most bounty hunters are actually holding their coins until they get a better value to sell. Locking their rewards would never be a good idea.

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[TGD]

I wonder why the blame of dumping is always on the bounty hunters where they just did their jobs. Not all bounty hunters are dumping once a certain coin is listed. Most bounty hunters are actually holding their coins until they get a better value to sell. Locking their rewards would never be a good idea.

right, and after all this is the payment for what you work so why its needed to lock? If they dont really want to dump thier token then they should buy the token from bounty hunter before listing it in exchange. in that case dumping will not be blame again to bounty hunters. Usually the reason why its dumpinh is not from the bounty hunter but the project it self not giving right update for  development is the reason why investors affraid and lose the trust to the project and decided to sell thier token even if its lost.

[Sacramentus]

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.

you are right,  many of this projects blames the hunters for dumping tokens where by most especially the advisors dump big time without hesitation and they putit all on hunters. Now the hunters tokens are locked and dumping happened,  let's see who is to be blamed

[Migranet]

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.

To link topics, IEOs also require locking of tokens post listing to mitigate the risk of dumping.  Another benefit of the IEO, they are protecting investors and the company.

That sounds bullshit for me and why? have you seen veriblock IEO that has been hitting bottom price that makes a lot of investors are getting looses? I hope you can see that and you can change your mind about IEO. not all IEOs are good for me personally.

Your right, but you have to remember investing comes with inherent risks and while not all IEOs will provide results, I think the framework of an IEO is a step in the right direction.

[Bttzed03]

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.

To link topics, IEOs also require locking of tokens post listing to mitigate the risk of dumping.  Another benefit of the IEO, they are protecting investors and the company.

That sounds bullshit for me and why? have you seen veriblock IEO that has been hitting bottom price that makes a lot of investors are getting looses? I hope you can see that and you can change your mind about IEO. not all IEOs are good for me personally.

Your right, but you have to remember investing comes with inherent risks and while not all IEOs will provide results, I think the framework of an IEO is a step in the right direction.

How is it a step in the right direction? Is it more transparent than an ICO? How many can participate? I'm talking about IEOs on bigger exchanges here.

[Darkoth89]

Your right, but you have to remember investing comes with inherent risks and while not all IEOs will provide results, I think the framework of an IEO is a step in the right direction.

How is it a step in the right direction? Is it more transparent than an ICO? How many can participate? I'm talking about IEOs on bigger exchanges here.

I'd say IEO are a step in the right direction when it comes to the credibility of the projects. (In theory) an exchange should have made an detailed background check on all the projects so that there won't be any scams on their launchpads because in the end that would also reflect negatively on the exchange itself.

But you also mentioned some negative aspects of IEOs: On the most hyped projects it's almost impossible to be fast enough to invest and a lot of users experienced technical difficulties.

[hahahafr]

Locking of tokens is actually the last thing that i look at when it comes to dumping of tokens. I have seen projects that locked up tokens for a long period of time and as soon as the lock up period was over both investors and bounty hunters dumped their tokens on the listed exchanges.

I think what the team of projects should do is to carry out the development of the project in a very honest way and earn the trust of most of its community members. If the team is able to gain maximum support from their own community there would be no panic sales of tokens. In addition, they can also put in mechanisms such as incentives to reward token holders etc. I believe if all these are put in place the tokens would not suffer massive dump as they do when they are listed on exchanges.

[Migranet]

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.

To link topics, IEOs also require locking of tokens post listing to mitigate the risk of dumping.  Another benefit of the IEO, they are protecting investors and the company.

That sounds bullshit for me and why? have you seen veriblock IEO that has been hitting bottom price that makes a lot of investors are getting looses? I hope you can see that and you can change your mind about IEO. not all IEOs are good for me personally.

Your right, but you have to remember investing comes with inherent risks and while not all IEOs will provide results, I think the framework of an IEO is a step in the right direction.

How is it a step in the right direction? Is it more transparent than an ICO? How many can participate? I'm talking about IEOs on bigger exchanges here.

I'm using the assumption that exchanges are doing their due diligence and investigating the projects they accept on their exchanges for IEO's.

If this is not accurate then we have a problem for sure, I guess stick to reputable exchanges (obviously) and time will tell if they have a greater success rate. 

Investing is always risky and there are NEVER guaranteed returns, adding another layer to the legitimacy of a project is, in my opinion, a step in the right direction.

 

[sabine80]

i am against the locking bounty rewards. if i have done my work, i would like to be paid for it and not months to wait. we usually have to wait for a long time for the payment and if the token then remain locked for months, the time is simply too long. if a bounty campaign announces a locking time in advance, it is a reason for me not to participate in this bounty.

[Ayobami99]

As opposed to what the OP said,  i believe building a viable product is what the Cryptocurrency verse needs now. Team must be willing to look past prices changes and build a NECESSITY- a project that is needed by all

[Cryptrx]

We have seen this countless times but at the end the coin still gets dumped. The thing most ICOs should be concerned about is creating an utility for their coin so that people will actually want to buy it. When there is demand the coin will not be dumped.

[MOProgress]

Honestly speaking many projects are not dumping because of bounty hunters, some investors these days are fund of dumping the even a good project to the lowest you can ever imagine.

[Catmurs]

very difficult indeed to reverse the situation after listing the coin to the market exchange. the absence of repurchases and sales at the same time makes the tokens sink.

Most coins are weak , and almost a little of themselves represent something and because of this fall , I think because of the hunters are unlikely to fall to the bottom of the course

[etherclassic]

Usually the numbers of bounties reward is small amount it is around 1% up to 5% max of total token supply, it is not enough for bounties hunters to dumping their coins on the market. I don't think it will gives bad affect to the price of token, so there are no reason for locking bounties reward after the ICOs end.

all of it could have been. Indeed the numbers are just a little on hold by the bounty hunter, but when a small amount is sold all together will surely cause a decline in the market. Moreover, if the market has not yet formed a strong buy. This is common on the new token is listed on the Exchange.

I am not sure if all of bounties hunters they sell all of token on the same time, except they are one account   and i am doubt about that. So i don't want blame the bounties hunters because of the price goes down and i don't have data about my claim, however they are part of cryptocurrencies community and i am sure they have knew the risk of bounties hunters.

[gabbie2010]

very difficult indeed to reverse the situation after listing the coin to the market exchange. the absence of repurchases and sales at the same time makes the tokens sink.

Most coins are weak , and almost a little of themselves represent something and because of this fall , I think because of the hunters are unlikely to fall to the bottom of the course

Most of these projects have a weak coin that wouldn't stand the test of time in cryptos market thus immediately  listed it will experiences dump in its price which in most cases blamed on bounty hunters.
Although this is peculiar to almost every tokens or coin when listed however a very good project will bounce back and pumps after the initial setback of course there are countable numbers of such coins eg oyster token etc.
Locking the tokens is not a very good ideal of preventing dumping ICOs should just put in more efforts in sustaining on their project in the highly competitive crypto markets.

[steveabrahams]

Honestly speaking many projects are not dumping because of bounty hunters, some investors these days are fund of dumping the even a good project to the lowest you can ever imagine.

Is this a joke? Why investors sell their tokens on low price below the ico price lol. It's because of bounty hunters sell the tokens after they received the tokens and it makes the price fall hard. Also if the product still not finished, usually the token price will keep low until the product finished.

[quality.crypto]

I hope the majority of the bounty hunters are not dumping the coin because after listing the coin price is going down which will help to hold them instead of selling them for short term profits. So people should wait for the price recovery as long as possible until the market starts recovering.

[Viscore]

I hope the majority of the bounty hunters are not dumping the coin because after listing the coin price is going down which will help to hold them instead of selling them for short term profits. So people should wait for the price recovery as long as possible until the market starts recovering.

They will dump
They want to cash out so they will sell it to get their reward, if the timing of dump is good, it will not affect the value that much
but in bearish situation it will give a very bad effect, that's why locking bounty rewards now is the only option devs see.

[mammoniter]

Its actually a good strategy. We can't deny the fact that majority of bounty hunters dumped the price of their tokens immediately after they get their rewards. They are just after for a quick cash. Locking the bounty rewards will not just prevent dumping but it will also increase the token's value over time and at the same time it will also make the bounty hunters realize the true potential of the project and they will get more value for their rewards.

[zhelis74]

Its actually a good strategy. We can't deny the fact that majority of bounty hunters dumped the price of their tokens immediately after they get their rewards. They are just after for a quick cash. Locking the bounty rewards will not just prevent dumping but it will also increase the token's value over time and at the same time it will also make the bounty hunters realize the true potential of the project and they will get more value for their rewards.

I think its not reasonable at all to lock bounty rewards to avoid dumping because bounty allocation is just a small portion of the whole token generated so how come it affect the dump if only 2 or 4% budget for the bounty reward. Doing bounty needs effort therefore we need a fair compensation.