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Author Topic: Bounty hunters killed ICO?  (Read 7086 times)
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Gabmot
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September 05, 2019, 10:21:53 AM
 #301

This notion for me is misconception which many believe. Recently,  i carried out a survey on some recent projects while their prices dipped right from start,  i was able to discover that the dip happened even before bounty hunters are rewarded! What do we say to this?
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September 05, 2019, 10:23:04 AM
 #302

The idea or concept behind most of them were not adding any value to the ecosystem, most of them were useless or just copy/paste of other already successful crypto and that's why most of ICOs failed. Also some of them failed only because they were being promoted by the scammers.

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September 05, 2019, 10:41:42 AM
 #303

This notion for me is misconception which many believe. Recently,  i carried out a survey on some recent projects while their prices dipped right from start,  i was able to discover that the dip happened even before bounty hunters are rewarded! What do we say to this?
i agree with you. everyone blames the bounty hunter, but i think that's very impossible because if we look at the allocation for bounty hunters it doesn't support killing ICO. but i think we should stop blaming each other.

developers should work harder and make more interesting offers or ideas so investors are interested in buying ICO tokens.

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September 05, 2019, 04:21:14 PM
 #304

1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.

True or False?
I think not. If you compare bounty allocation with total raised fund, It cannot affect token prices. Team and private investors are the ones who hold the most tokens, and they are the cause of the dump. So stop blame hunters for that.
if we talk about psychology that effected while bounty  hunter dumped token its very big.although bount total has less portion if we compared with total supply.but if developers team could work hardly and keep update about their projects developtment, in my opinion bounty dumping will not effected to market price.
If they care to their project and want to protect its price from dumpers, they can rebuy the bounty tokens. It will satisfy both the hunter as well as protect their own project. If not, their token will worth zero in a blink of an eye.

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September 05, 2019, 05:08:48 PM
 #305

I don’t think that this is so, in my opinion this is some kind of stupid question, how could they destroy ICO, on the contrary, they were engaged in its promotion, and they received a very small share of the total issue of tissues.
anexxty009
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September 05, 2019, 05:24:38 PM
 #306

How about we considering the fraction of tokens given to the bounty hunters, 0.5% to 1% of total tokens or sales
This bounty hunters in turn as claim sells of thir tokens, why wont the projects buy back?

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September 05, 2019, 05:29:44 PM
 #307

Projects dying off is mostly cause by lack of project development strategies and certan lies from most developers about amounts raised during ICO sales and i think that was one of the reasons for the erection of IEO Yet tjis purposes are also defeated
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September 05, 2019, 05:36:31 PM
 #308

1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.

True or False?

Bounty hunters didn't kill ICO., this is the saddest thing for the bounty hunters, they are always every time the market price is getting down even they have no reasonable basis for it. Though I cannot deny most of the bounty participants now are after IEO program, only few of the ico now are good that can be consider.
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September 05, 2019, 05:45:56 PM
Last edit: February 22, 2022, 02:44:07 PM by ||bit
 #309

No they are the people would take the least blame for it.When bounty unlock, also advisor and team tokens are unlock too. A bounty hunter has approx 20$ worth of coin, an advisor has 200k $. Which would kill the market?  The bounty hunter make the market sustain for the project and they are the backbone for the project and they are the investors also.
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September 05, 2019, 05:49:46 PM
 #310

Bounty hunters are not killers of ICO rather they are building blocks of an ICO. Bounty hunters sometimes promote the project even when ICO has ended just to appreciate price. As may people here have mentioned that funds allocated to bounty hunters is 5% or 10% or its nearby figure and many of bounty hunters hold their tokens for a long time so its basically not bounty hunters who are responsible for price dump of any token. I think its market manipulation by some big giants who buy tokens at lower price and sell it at small margin. Once price starts falling they keep on buying and selling tokens with a small profit.

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September 05, 2019, 06:16:41 PM
 #311

I strongly disagree with what was said by @OP
Because what kills ICO is not BH, it is caused by investors (if they get a big bonus when investing) or also the Project that discards their tokens or even fraudulent projects that do ICO. that is what causes ICO to collapse and make people no longer believe. things like this don't need to blame each other anymore. Because there are no benefits that get when we blame each other.
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September 05, 2019, 06:36:06 PM
 #312

Bounty hunters has nothing to do with decline of ICOs startups, The main reason why there are no more people interested in investing on ICOs is due to the rampant scam most projects are turning out to be.
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September 05, 2019, 06:40:22 PM
 #313

Bounty hunters are helping ICOs, IEOs and STOs to get enough attention to the upcoming tokensale. Thanks to bounty participants they have good stat on social media sites and they have alive community.  Wink

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September 05, 2019, 08:15:29 PM
 #314

If bounty hunters are the cause of this business failure, I think it's wrong. This means the solution of a project so that it can succeed they do not hold a Bounty campaign. I suppose this makes no sense with the gift of this campaign is a way to promote a project. While no bounty hunters do not guarantee that the project can succeed, many projects have failed.

I think the project is very weak and not serious about developing the project, this is what causes the project to fail.

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September 06, 2019, 06:02:44 AM
 #315

Same happens with airdrops,  too, bot only with bounty programs. But in the end it's all about people's work that needs to be paid. They wanna do Airdrop, they let people complete their airdrop bounty (join Telegram, instagram, add email , etc.), save their wallet and send tokens only when they get on the stock exchange. They are afraid of tokens being exchanged on decentralised exchanges like EtherDelta.

I think, Airdrop tokens should be send immediately after you complete airdrop bounty. Otherwise it makes no sense to me.

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September 06, 2019, 06:16:14 AM
 #316

Bounty hunters are often blamed for dumping prices of coins. But this is not entirely true. In fact, token allocation is split among many others, team members, advisers, bounty hunters and others. Furthermore, a large chunk of bonus are given to investors during the ICO or IEO, which helps fall price of  coins dramatically.

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September 06, 2019, 08:14:33 AM
Last edit: September 06, 2019, 08:50:03 AM by joosep
 #317

One problem is that nobody wants use these platforms which are developed and ICO projects will eventually die. Average user is already finished discovering new things and is happy with big companies services. Internet is already divided and conquered.
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September 06, 2019, 08:46:50 AM
 #318

THE Project is most projects ususally lacks continuity ! THey can’t simply rely on the Ico funds to keep sustaining the token price ! Investors will take profits, hunters also ! At everytime there is need for new flow of funds into the project as investing or else , the price will dip because holders will want to sell !

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September 06, 2019, 09:19:11 AM
 #319

There is a good intention but cannot say that the people who promote the project also bring success to the project
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September 06, 2019, 09:22:48 AM
 #320

I disagree,paying for bounty with a currency whose value is very volatile due to its newness and other market factors is a grave mistake.
Gitcoin and Bounty Network reward bounty activities in either ETH or DAI,this are pretty stable,bounty hunters are less likely to dump them.
When one receives $X in bounty rewards today,such may be valued at $0.1X in two months from now.
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