Bounty hunters killed ICO?

[Majharul Saiif]

To clear out your heading,I just want to tell something. First of all, bounty hunters actually do marketing for the project which can help to get more participants as investor for fund raising. There has almost low percentage to pay them if there has not limited or heavy participants. Actually it happened several times which I have seen in my bounty life.

However,some time bounty hunter got a huge amount of token and they normally not hold and then the price drop because they sell at low price. But I think it is not the only reason to kill ICO system

[bitcon]

It seems very wrong to blame prize hunters for causing the reduction in token prices after being listed on the market, we know that the ICO project allocates  funds to bounty hunters just a fraction of the percentage of their funds, so, it is unlikely that tokens obtained by bounty participants can affect the decline in the price of the token that is there is  in the market.

Bounty hunters do everything to support and PR the project and its tokens. ICOs were killed by a lot of scammers. I can say that the committed suicide, although did not want to do it. Finally, fraudsters are always opened. It happened with dishonest ICOs. Unfortunately, they made everything to ruin very good and honest projects, and they succeed in it.

[dotcoin.info]

Your points are really valid, but it is not just the bounty hunters to blame. Lack of business tactics and strategies displayed from the ICO is the main reason in the downfall of an ICO. They don’t know how to handle the coin in the market and eventually end up distributing the coin at a very early stage, causing the investors to dump the coin.

[kumala_abi]

Your points are really valid, but it is not just the bounty hunters to blame. Lack of business tactics and strategies displayed from the ICO is the main reason in the downfall of an ICO. They don’t know how to handle the coin in the market and eventually end up distributing the coin at a very early stage, causing the investors to dump the coin.

distributing coins without locking periode will make it easy to dumped holders in market.unexperienced team will do this to make their investors happy, but its dillema when it listed to market.moreover if bounty hunter directly sell their reward, price will drop alot and influenced to investors psychology.

[Helpme_please]

bounty hunters actually help projects to spreaded to new investors in market.if any word bounty hunter killed ico its totally wrong in my opinion.they totally help projects in crowdfunding that used to developt their projects.so could deliver good products.

[zero714309]

You right but you must also know bounty hunter not ICO killer. True fact is when those ICO project have strong team and great plan even hunter have so many token in their hand it will not dumper their price dramatically. As i know even price going down because hunter selling their token if their project good enough price will going up by natural demand.

[zero714309]

bounty hunters actually help projects to spreaded to new investors in market.if any word bounty hunter killed ico its totally wrong in my opinion.they totally help projects in crowdfunding that used to developt their projects.so could deliver good products.

Not all like that. You know sometimes we find project with so many bounty hunter who's joined until the end but they just spread the word with low quality. In that case quality is number 1. Good quality and quantity will the best. A week ago im joined bounty and Dev team said they not really impressed with our works. That way im mentioned about quality and quantity.

[jessyj48]

Bounty hunters are not responsible for the death of any ICO projects,the reason why bounty hunters are needed is to create awareness for ICO projects and without awareness the ICO project might perform worse and it might be hard to reach their softcap target and if bounty hunters decide to sell their share of token from promoting ICO projects it really shouldnt affect the project if the ICO project is good enough.

[ginobitcoiner]

we are always blamed for dumping. but if you think about the rations for the bounty hunters only a little. if we can blame it, of course they hold most of the funds and resilience should not be affected by the sale of rewards by bounty hunters

Didn't I explain above that why bounty hunters are always blamed if dumping occurs.
"bounty hunters only accept a very small number of tokens, even the distribution of tokens for bounty hunters is often deducted from the promised allocations, then some distribution projects are carried out in several phases, and some of them are locked on our wallets"
then what do you quote from the statement that I made before??

[adamlillian]

actually I find that ICOs desperately need bounty hunters because they help promote those ICOs as well as attract more investors. So the bounty hunters didn't kill ICOs, but the ICOs killed themselves. Especially those who create ICOs to scam that makes people lose confidence in ICOs and investors don't want to lose their money when investing in scam ICOs

[MECH100]

actually I find that ICOs desperately need bounty hunters because they help promote those ICOs as well as attract more investors. So the bounty hunters didn't kill ICOs, but the ICOs killed themselves. Especially those who create ICOs to scam that makes people lose confidence in ICOs and investors don't want to lose their money when investing in scam ICOs

completely agree with you. bounty hunters for ICO is like air for people. bounty hunters advertise projects around the world. rather than individual regions or countries as TV or newspapers do

[Bestmanbuka]

Bounty Hunters are part of contributing factor to the downfall of ICO but not the main reason behind the downfall. Yes most Bounty Hunters because they are rewarded fast go to dump the token affecting the price crash but we should also remember that some Bounty Hunters are investors too. Some ICO's will never make it to the exchange thereby ripping the investors their money and even wasting Hunters strength and time because nothing is free. Let's not put the whole blame on Bounty Hunters for ICO downfalls

[danggoron]

You right but you must also know bounty hunter not ICO killer. True fact is when those ICO project have strong team and great plan even hunter have so many token in their hand it will not dumper their price dramatically. As i know even price going down because hunter selling their token if their project good enough price will going up by natural demand.

You are right. If the development team has a good strategy and plan, they can certainly anticipate a price reduction. Not just blaming bounty hunters. In addition, many ICO projects are scams that reduce investor confidence in ICOs. That is why IEO tends to be more popular because the existing tokens or coins are ready on the market.

[suzanne5223]

I don't see any reason either why bounty hunters will be the one who killed an ICO if the project team involving are up to the task and well experienced but if we still have a situation where some people still believe the bounty hunters are the causes then I will advice project owners to pay their bounty participants in ETH rather than paying them in their token to avoid future misconception.

[mr_random]

I don't see any reason either why bounty hunters will be the one who killed an ICO if the project team involving are up to the task and well experienced but if we still have a situation where some people still believe the bounty hunters are the causes then I will advice project owners to pay their bounty participants in ETH rather than paying them in their token to avoid future misconception.

ETH reward bounty campaigns don't last long, the token paying bounties usually like to delay the bounty distribution. Allocation of the tokens is manipulated by the bounty manager, only few of them are managing the bounty campaigns as a loyal manager. Teams check the bounty portfolios in order to find the correct person for managing their marketing plans with the bounty campaigns.

[martina14]

FALSE!!!

1) a project collected funds,

-for a project to be successful they need to collect funds.

2) Funds allocation (among advisors, bla bla bla and bounty hunters)

We are talking about bounty hunters, but still the percentage of budget for bounty is very small!

3) Considering there are thousands of BH, the price of a token dropped dramatically

Even there are millions of BH in the project, the number of tokens still has fix allocation.

4) Investors bought token on ICO see this crap and less people invest in ICOs.

Most investors dont want to join any ICO now as there were so many scam before,.

[guoyu78]

its nor right,What killed ICOs is the bear market and investors realization of what a mistake ICOs were coupled with the scamming events faced by investors

Yes, bear market contributed to why ICO is very down now, but what also led to bear market, is it not the establishment of bad ICO which hunters promoted? The lack of strength to push project discouraged investors from putting money in ICO but rather pull out of ICO.

If we say bear market, how come we still have some of those altcoins ranked as top in coin market still doing fine, while most of those other ones promoted by hunters are the ones not rising at all, so they still contributed, but the good news is that something can still be done, if only we can just focus on promoting very quality project because we have investors that are always ready to invest, they are just scared of scam projects, but I believe if we can get a quality and verified projects, they will be willing to join us.

[bison]

I don't see any reason either why bounty hunters will be the one who killed an ICO if the project team involving are up to the task and well experienced but if we still have a situation where some people still believe the bounty hunters are the causes then I will advice project owners to pay their bounty participants in ETH rather than paying them in their token to avoid future misconception.

ETH reward bounty campaigns don't last long, the token paying bounties usually like to delay the bounty distribution. Allocation of the tokens is manipulated by the bounty manager, only few of them are managing the bounty campaigns as a loyal manager. Teams check the bounty portfolios in order to find the correct person for managing their marketing plans with the bounty campaigns.

yes, it is very short, and not with the allocation of many bounty campaigns with ETH rewards. most of what I have seen they pay with bitcoin and very limited number of participants. if the ICO project could choose a manager campaign like that, surely no ICO would be difficult to develop. or who feel disadvantaged by bounty hunters who make their tokens dump.

[nightxglow]

Yes it's kinda true. I saw many successful icos that had promising coins in the past but they don't survive long because they distributed the coins to the bounty hunters early. Many bounty hunters don't intend to hold the coin or make use of it. But they just care of receiving it and selling it immediately to get money. That made the price crash and this then make many people lost interest in investing. And also there were so many scams that made people lost trust too, and bitcoin price dropped also became one of the reason. Now i can hardly find any bounty and ico again. Unless how it is in the past.

[farraddy]

How can 3-5% of coins collapse the project? This is normally the amount of coins distributed among bounty hunters. Very often, the price of a coin falls long before the coins get bounty hunters. Well, that's their income. They see a drop and want to sell their coins so as not to lose even more.