ICO/IEO projects are lying to airdrop and bounty participants for a long time!

[akram143]

Value of tokens will be calculated based on their ICO that is why they can able to allocate millions worth of dollars,Do you think they will do same amount of allocation with bitcoin rewards?

It means they over price their tokens and lure the investors and bounty participants to make money for themselves.

[chaoscoinz]

One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.

For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.

But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.

How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?

There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)

So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.

Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!

So to all ICOs and IEOs please, just stop lying to us about this!

I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.

Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!

It is very foolish to take the value of bounty campaign rewards seriously, unless their offering a well establish coin like Bitcoin or any of the others as rewards. Anybody can make a coin and say it's worth this much or that much. These prices predictions for payouts aren't truly reflective to the situations a startup could face, which leads to failure in meeting the projected demands. A lot of these bounty participants live spread out across remote regions of the world, from countries that are wealthy, to countries that are dirt poor, making it an easy way to trick newbies who will take on just about any bounty with a promise of a monetary gain, Just to end up working in a bounty campaign for nothing.
   One should practice their Due Diligence, spending the time researching before expecting an airdrop (handout) or a bounty campaign to make good on it's promises. If it sounds too good to be true, maybe it is?
I learned this one the hard way and I still fall into it's pit often, "a fool and his money are soon parted"
 

[Divinespark]

I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.

[crisanto01]

I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.

Sometimes, we have to understand those project too, for me it is fine for as long as they are doing their job and that is to develop their project, but if they will tell to bounty hunters that they need to invest first or do the KYC then I would refuse too, that's a scammers way, or meaning they failed in fund raising so it might also failed in giving rewards.

[aomakun]

I think those projects are right, and there is no lie here. Their projects are not listed in any exchange so the default price will be IEO or ICO price. They have no idea that their tokens will collapse after being listed, it all depends on the reaction of the market and traders to that project. So you need to be psychologically prepared that the actual value you receive will be much lower than the initial price offered.

Sometimes, we have to understand those project too, for me it is fine for as long as they are doing their job and that is to develop their project, but if they will tell to bounty hunters that they need to invest first or do the KYC then I would refuse too, that's a scammers way, or meaning they failed in fund raising so it might also failed in giving rewards.

but unfortunately sometimes we are still fooled by projects like that, our research management must be wrong from the start. but if indeed we are already trapped in a fraudulent project, then I think don't regret it because I believe there will be genuine and fake projects in this pile, and we have to look for it

[BitcoinHunt3r]

Honestly, i don't know will agree or not. Because when i see bounty campaign especially paid with token, and they said in USD. My mind automatically think it is amount when counted with ICO price. Don't know with other, but sometime i join that kind of bounty and hope, if the price really reach ICO price, i can get nearly with the allocation that mentioned before.

[makolz26]

Most of the projects are lying, whether they are scammers or legit project, sometimes they need to lie so they can still have the trust of investors and still can attract new investors. For the legit projects, that they already invested their money on it, they will do something that will attract more investors even if they lie, they are telling people that their ICO/IEO is successful but in reality it's not.

[Kotone]

Agreed but this is common sense I think. Some of the hunter should not based their price on what the team mentioned regarding the rewards hence they know that the market is the one deciding about it. Bounty tokens still bounty and price is not in consideration with this since we know how volatile this market and can simply depreciated its IEO/ICO price anytime.

[LordShanken]

The fact that projects are planning a roadmap does not mean that everything must go exactly as planned. Let's remember that this is still a very young market and there are really no experts able to direct every project to success. If there are changes in planned aidrops, they are usually caused by the fact that developers are adapting to the new conditions of the market.

[poodle63]

Agreed but this is common sense I think. Some of the hunter should not based their price on what the team mentioned regarding the rewards hence they know that the market is the one deciding about it. Bounty tokens still bounty and price is not in consideration with this since we know how volatile this market and can simply depreciated its IEO/ICO price anytime.

They are not using the price as the main consideration but the hunters are taking how trusted the project as the main consideration to determine it's worth to promote such a project or not. we have seen so many times the trusted project become the project that ignores the participants after it raised a lot of money from the market,

[asus09]

Airdrop project distribution faster than bounty cmapaign project where they only need one day for receiving coin from airdrop project, but airdrop just getting few coin and higher value if participated with bounty campaign although receive after ICO ended and bounty campaign finished, but for bounty campaign we have doing tas every day to received stake and get reward at the of bounty campaign.

[aioc]

One thing that I really do not like about ICOs, IEOs, etc., is that they are misleading us for a very long time when it comes to the token price.

For example, there's one airdrop event in which you will receive an amount of tokens worth $10, $20, etc., and bounty rewards which you can get $50 worth of tokens for participating in a signature campaign.

But here's a harsh truth where ICOs and IEOs are lying to us for most of the time.

How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?

There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)

So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.

Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!

So to all ICOs and IEOs please, just stop lying to us about this!

I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.

Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!

If you are an investor you'll know that unless the coin entered the market, the coin's price is still speculative and hanging, so if you believe, that the price they are telling you is the exact price that you will see in the market when it hit there, you are a newbie in this industry,  the demands of the coin will determine the price in the market.

[LordShanken]

Airdrop project distribution faster than bounty cmapaign project where they only need one day for receiving coin from airdrop project, but airdrop just getting few coin and higher value if participated with bounty campaign although receive after ICO ended and bounty campaign finished, but for bounty campaign we have doing tas every day to received stake and get reward at the of bounty campaign.

Of course, you can earn more by participating in the bounty campaign. However, sometimes awarding too big rewards is not good for the project and investors, because bounty hunters sell them on the  exchange immediately and lower the price.

[o48o]

There should definitely be some stadanrdisations on these bounty announcements, i can't remember this even being a thing while ago but i have also noticed it while ago that projects seem to flash dollar signs instead of the allocated bounty %. This is not my problem as i don't browse trough bounty pages but it must be insanely frustrating for people who do.

[Katashi]

Not so sure if we can call it a lie but it is natural in crypto campaigns and most of the hunters if you're here long enough then you're aware that the value of tokens you will receive may change after the ICO/IEO since the market will dictate the price of the token.

[tenakha]

How can we say if the airdrop or bounty reward is exactly $50 where it can even get dumped in exchanges?

There is no guarantee that the airdrop and bounty tokens we receive are "fixed amounts" (unless if it's a stablecoin or popular one like BTC, ETH, XRP, etc.)

So here is my advice to all ICOs and IEOs when you are doing airdrop and bounty program to participants.

Don't say "$50 worth of tokens". But rather say "$50 worth of tokens in ICO/IEO price", so that people like me may be aware that the reward we get is not what we expect. There is 99.99% chance that the reward we get are going down to shit, and only 0.01% chance that it would actually go to the moon!

So to all ICOs and IEOs please, just stop lying to us about this!

I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.

Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!

The price of "$50 worth of tokens" is already calculated with the ICO/IEO price. To understand this, adding ICO/IEO does not change anything. Also, there is no other way to calculate the value of the token that is already on sale. Investor also buys from this price. Because we can not know the price after listing, it depends on the demand.

[joshua123]

How can it be lie? If the reference price is the same with investors buying it through ICO/IEO? Is it different price for them, I dont think so, the sentiment for value will be reflected on exchange trading and Projects are not to blame if its dump cause its the community decision to buy it at that price.

[LordShanken]

How can it be lie? If the reference price is the same with investors buying it through ICO/IEO? Is it different price for them, I dont think so, the sentiment for value will be reflected on exchange trading and Projects are not to blame if its dump cause its the community decision to buy it at that price.

I think OP has forgotten about free market rights. Of course, the bounty rewards value is calculated based on the ICO / IEO / STO price. The fact that we currently have a deficit of investors on the market, and the prices of tokens are falling immediately after listing on exchange, is not the fault of developers, just the rights of the free market, i.e. demand and supply.

[xiboothrezi]

~
I know most of you here can relate to this situation after so many months/years of participating in airdrops and bounty opportunities.
Does any of the airdroppers and bounty hunters agree or not with my statement? Feel free to comment here!

I understand your dilemma The promised price estimate was not reached, while that which was promoted on the news. The development team often includes estimates for the highest prize from IEO or ICO prices, that's to attract airdrop participants and bounty hunters to join. in fact, in this saturated market, it is difficult to achieve. It is common knowledge, and we must realize that too high expectations can cause heartache when it is not as expected. So, just do it with pleasure, the important thing is we do an analysis of the project before joining, understand its potential, hope properly. However, cryptocurrency is full of surprises. And the most important thing is that we understand the risks, moreover, it's still a bad season... So many targets are not achieved.

[bohr]

Dude, you're missing the point of this cryptocurrency thing. Price is always volatile if it's btc or even alts. There's no way a project will lie to bounty participants or even to its investors by that way. The only way I can think of is when this projects will runaway after they get some money out of their sketchy icos.

You are the one that is missing the point, if bounty campaigns want to pay their bounty hunter with their coins that's OK but do not tell the bounty hunters that such coins are going to be worth some amount of fiat in the future because that is impossible to know due to the volatility of the market, they are obviously lying to their bounty hunters and exaggerating the rewards they will get when we know that right now no one is interested in investing in new projects because they know their chances of success are almost zero.