Locking Bounty Rewards To Avoid Dumping

[SaRmY]

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.

Yes, because many hunters do not see themselves correctly after the coin is released. Although there is also a controversial issue. If the project is strong, it does not allow the price to fall. I have already seen many times that a strong project is just a growth every day.

[Bttzed03]

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.

Funny thing is that I've seen some of these investors actually asking the team to lock up bounty rewards in some telegram groups.

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Is this a joke? Why investors sell their tokens on low price below the ico price lol.

It's not a joke. Some ICO investors have openly admitted to dumping so they can buy back at a lower price, increasing their bags in the process. The strategy seems to be working for them.

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.

You are speaking as if you have a crystal ball. We are not even sure that the value of the token will be worth it once the bounty rewards are unlocked. Perhaps you haven't seen a project yet that despite the effort to lock or delay, the dumping still happened. Go check Foresting's value right now, they just started distributing airdrop and bounty rewards.

[cryptogeek101]

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 think you are quite correct in your statement,bounty hunters are not the only sector who dump crypto tokens,from what we observed investors,team members and advisors can also kill token prices in the market.  I  agree with you that other methods of token development should be adopted.

[jumiapaul]

In my opinion, locking bounty reward will not stop the coin from dumping. Its a free market and every person has the right to buy or sell a coin. The bounty hunters may be guilty of contributing to the dumping of the price of coins, but they are not the only reason. I think rather than the team locking bounty reward, they should set aside some funds for buying back their coin from weak hands, thereby preventing massive dumping.

[siorapokk]

This is one of the best ways of how to protect the token price value. But much more effective way would be if hunters would be paid with ETH or BTC instead of their own tokens. This is a win win solution where everybody is happy.

[jolle123]

I think giving a good benefits on bounty hunters can prevent the dumped of tokens after listing,pay bounty in cash or btc or maybe eth at first so they cant be dump the tokens that is one of the best thing to do right now to protect investors and to make sure investors will make profits.

[biznes35]

Yes, everything you say is right. BUT bad people, none of life was not removed. There are no ICO regulators and they use it. They don't care about you.

[blueteam09]

Locking Bounty Rewards To Avoid Dumping

I think this is a stupid slogan when bounty hunters do their jobs to help the project grow faster and attract more investors, so they have the right to sell the Token they receive from the bounty. Many dumpers because they need money to pay their daily expenses and have the right to sell if they don't want to hold it.

[RasenShuriken]

It such an ignorant way to lock the bounty even if the purpose is to avoid dumping. Though, there are so many ways to avoid dump so why they need to lock?

[Terrmit]

It such an ignorant way to lock the bounty even if the purpose is to avoid dumping. Though, there are so many ways to avoid dump so why they need to lock?

Yes, the lock does not help. The reason is that if tokens are worth nothing. Then he will not be worth nothing. So many times I saw how these projects fool us. Going out on bad exchanges. Or just throwing a coin without support.

[Ifychuks]

I have always said this, it is not the hunters fault for dumping but even some hunters blame themselves for dump which is bad.

Those ones that blame other hunters are for dumb are just naive or just being selfish cos they are the ones that sell of once there's any reward given to them. I just laugh when they talk about it.

[sakuragi21]

In order to avoid blame the bounty hunters for which the token prices will be exchanged for exchangers, the operators of the project will have to separate the bounty hunters from their bailouts. They can repay them of btc or eth that is worth the amount of work on the project. That's one way to protect investors and re-make a successful.

[Dima95]

It is simply not possible to avoid price reduction, because a lot depends on the global cryptocurrency market. If you look, you will immediately see that there are a really large number of projects that immediately after being placed on the stock exchange fall in price.

[asriloni]

It is simply not possible to avoid price reduction, because a lot depends on the global cryptocurrency market. If you look, you will immediately see that there are a really large number of projects that immediately after being placed on the stock exchange fall in price.

even with the buyback method and that will not help a lot. market depends on the bitcoin and that's the main point. Bitcoin is the only thing that can decide where the crypto will go.
but another factor like they can't attract the new demands make them all getting decrease instantly.

[mrdeposit]

It is simply not possible to avoid price reduction, because a lot depends on the global cryptocurrency market. If you look, you will immediately see that there are a really large number of projects that immediately after being placed on the stock exchange fall in price.

even with the buyback method and that will not help a lot. market depends on the bitcoin and that's the main point. Bitcoin is the only thing that can decide where the crypto will go.
but another factor like they can't attract the new demands make them all getting decrease instantly.

At least team will be sure about dump issues after getting listed on the exchanges they are convinced to use this methodology. There is no perfect escape system but not giving damn about it will bring worse things back.

[stigmacryptonight]

How about every crypto or altcoin is definitely a dump. If the project locks the token for bounty for the sake of no dump. Maybe that in their opinion is one way to avoid a dump. Maybe they want the altcoin to be stable first and after the new stable they share gifts for bounty participants. Because we can't do anything except follow what they say.

[kleshovab7]

This is a campaign decision and they better know which strategy to follow. If a coin falls into the very bottom, then nobody will ever know about it. Sometimes blocking is the right decision.

[Danslip]

This is a campaign decision and they better know which strategy to follow. If a coin falls into the very bottom, then nobody will ever know about it. Sometimes blocking is the right decision.

Then why do they let big or private sale investors sell their token cheap? Same rules are needed to be a case for private sale investors who bought bulky tokens for the cheap price.

[waitforme]

This may be a good idea, but most developers always issue tokens to hunters after 30 days when the ICO ends. Therefore, investors always receive tokens before bounty hunters and they have the right to sell them or retain them if investors want to not worry about bounty hunters' influence.

[||bit]

I don't think the biggest reason of dump is bounty. Teams are selling private investors tokens too cheap compared to public sale and they are mostly paying all freelancers with their tokens. Bounty tokens have an effect but compared the things i mentioned above, it is just a bit.