Locking Bounty Rewards To Avoid Dumping

[olamidey]

I think each developer token has a strategy to maintain his tokens. but I think not all bounty hunters are the main cause of the token price being a dump

I also don't agree that bounty Hunters dump token all the time affecting the price of the coins. Every project that goes to bounty, the team should have a plan to cushion the effect of such dump.
Of recent, I set a bounty that will be picked for 3 months. I just moved over. No time to check time.

[1714614993]

1714614993

[feryjhie]

locking the bounty rewards still not guarantee that the coin will be got dump
as i know that many people invest in the ICO because there is a bonus for every money we invest

and usually, the investor looking to get profit by selling the bonus he receives

[takngantuk]

I don't think it will help much because the real reason for the dump is that investors get a big bonus. the project average that locks the bounty token is still dumped. rather than doing this, why not accelerate the development so that the platform can be launched. with a platform that has been operated, the token will be used. so the chance for a dump is very small.

[Wale777]

The impression that bounty hunters dump and in turn many project lock bounty hunters tokens to avert that but in reality most projects locked bounty hunters tokens and the price of tokens keeps falling so this has not been proven because the investors are the ones dumping, some of them get ridiculous bonus which makes it easy for them to dump

[LogitechMouse]

It is not a bad idea to lock bounty rewards, if it helps avoiding dumping, but company should mention it in their bitcointalk thread and website, so that bounty hunters should know it before joining bounty.

Yes it is not a bad idea to lock bounty rewards but that doesn't mean that you can prevent a coin from dipping. For me, there is no way to prevent a coin from dipping its price after distributing it to investors and bounty hunters and listing it into an exchange.

People want to get their profits right so after listing it, they will immediately sell if not all a large percentage of the reward they got. They want to get the money that they worked hard for months .

[tenakha]

It is not a bad idea to lock bounty rewards, if it helps avoiding dumping, but company should mention it in their bitcointalk thread and website, so that bounty hunters should know it before joining bounty.

It is possible to come across such bounty. But as mentioned it can be useful to prove that bounty hunters are not dumper. Hunters may cause drop, but they are not the real reason. Recently several projects have thought that this kind of step could prevent the fall, but unfortunately the result is the same.

[Judge-Dredd]

I think the post reward dumping is to be expected. Instead of locking the funds just buy in cheap when people do dump

[H1N1]

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.

Locking bounty reward token can't really prevent any dumps in the future.
Even if the bounty token still not distributed yet, the token price can dump. You can look the Elysian project.
They are delaying bounty distribution, already 1 year passed and the token price still dump. 

[reality18]

Bounty programs are normally allocated with 2% - 5% of the total supply of a particular coin. How can sales of such small percentage dump a coin on the market? The mega dumping are always from either the investors who are too impatient or from the team because these too bodies always hold the biggest share of the total supply. I think both investors and team must also have their tokens locked to prevent early dumping on the coin before the full development of the product or platform of the project.

[babysweetTiger0401]

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.

Those campaign who are locking bounty rewards the management of the team project are not thinking properly. Bounty hunters did their part to support the project and yet in the end it is not right that they took the blame of dumping their tokens to the bounty hunters were was very unjust. Even before to some other campaign without locking the bounty rewards dumping its price value still continued happen in the market. Meaning, locking bounty rewards is still useless at all and its not helping too.

[zidanw]

I think each developer token has a strategy to maintain his tokens. but I think not all bounty hunters are the main cause of the token price being a dump

this is actually not an excuse because there is still a solution to reduce the level of dump starting from holding a gradual distribution or conducting a trading competition during the bounty distribution. some of the projects I saw actually increased in price when doing so. all depends on the strategy of their team to maintain prices. don't make bounty a reason

[3x2]

Not a good idea to lock bounty, the question is why you created the bounty program when you don't want to distribute the tokens/coins to people who spread your torch?
One thing the team can do is to release the bounty in batches so that it don't create the sudden sell pressure over exchange. but personally i believe that one should not mess up with the nature and let it as happen as it was always.

[Caladonian]

I think each developer token has a strategy to maintain his tokens. but I think not all bounty hunters are the main cause of the token price being a dump

this is actually not an excuse because there is still a solution to reduce the level of dump starting from holding a gradual distribution or conducting a trading competition during the bounty distribution. some of the projects I saw actually increased in price when doing so. all depends on the strategy of their team to maintain prices. don't make bounty a reason

Exactly, if the developers are concerned with the future of the project, they needed to create new ideas to make sure the project will not be dumped after reaching the exchange, the percentage of bounty funds is too little to reflect with the whole value of the coins inside the market, they can actually buy it all after reaching the exchange just in case hunters decide to sell it right away, from that scratch they are now free to worry about possible dumped.


Unless the dev itself are part of the dumping process and just pointing things up to the bounty hunters, but everything will depend from how the team and community embrace the process.

[roomfirst]

i think it will only works for a short time because once the bounties token delivered to the bounty participants, they will still sell their tokens directly to the market. so it's kinda useless for me, locking bounty rewards also not guarentee to avoid dumping. i'm sure there are some investors that will continue dumping.

[Rimueng tuha]

Indeed we do not have the right to prevent coin owners if tokens have been shared. And indeed there must be a dump which causes the price of the crypto currency to fall very far from the ICO price. As a wise crypto currency player then we should not sell massively the coins we have after the distribution of prizes if we are not forced. must be smart in looking for opportunities until the price improves. Besides that, ICO can anticipate the occurrence of their coin dump by sending the payment of the token is not very direct. So maybe it can be in two or three stages.

[ipanks]

i think it will only works for a short time because once the bounties token delivered to the bounty participants, they will still sell their tokens directly to the market. so it's kinda useless for me, locking bounty rewards also not guarentee to avoid dumping. i'm sure there are some investors that will continue dumping.

But I think that will work to prevent the dumping at the market, and the participants don't sell their token after the token was launch in the market. They will think to hold the token as long as they can especially if the token project has a solid team and community. But it will depend on the participants itself, whether they will agree or not.

[asradoni]

What the point locking bounty rewords, their number almost always so small, that has no effect on market value. Besides payments always made after the listing, this way the team protects the interests of investors.

[babarian]

They think that the bounty hunter only gets a free token and won't care even if the price drops, the bounty hunter will still sell it. in my opinion, that was wrong thinking, as you said, that even though they locked the prize hunter tokens, their prices continued to fall. And that indicates that the project team is not working well.

some bounties lock the bounty hunter's tokens to prevent price dumping, whereas there are not many tokens obtained by bounty hunters.
although there are actually some projects that succeed with this strategy. but most of them failed.
the price continues to fall even though the bounty hunter token has been locked.

[BlackFor3st]

I have joined also recently a project in which they locked their bounty rewards for at least four months. I have no idea whether it is type of strategy to avoid dumping of their tokens or it is only part of their marketing plan.

This kind of doing is not half bad as it will surely help to minimize the dumping of coins especially to the bounty hunters. But this kind of scenario can be applied only to those project who have a very low potential in reaching to top. If the team knows that their project will become more useful in the future, there is no reason that they hold the bounty rewards as bounty hunters are also part of their marketing department.

And also, not all bounty hunters will dump their tokens upon receiving it. Maybe 50% will dump the tokens without any second thought but the other 50% are rather wise. They will think whether it is time to dump or hold it to receive more profit in the long run.

[elzjmirra]

Whether locking the token in a few months can keep the price of the token good. I don't think all tokens can be like that. We also saw that many bounty hunters also experienced disappointment because the token was locked. But the Team must also be consistent with what they do so that it can increase the price of coins.