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Author Topic: ICO/IEO projects are lying to airdrop and bounty participants for a long time!  (Read 1045 times)
Samayuki
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December 18, 2019, 07:10:25 PM
 #81

They have to promise better reward its part of advertising their project, moreover the reason why many projects fail today is because they failed to reach their hard cap or soft cap

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December 18, 2019, 10:52:19 PM
 #82

-----

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


We also cannot blame the developer team or the bounty manager completely if in reality the reward does not match the estimates provided in the ad. We also need to know that the range is only an estimate if the price of a token or coin reaches the ICO or IEO price after listing. In fact, now it is difficult to achieve so we must lower expectations. Don't get your hopes up, the market is not conducive.

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December 19, 2019, 02:22:02 AM
 #83

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 part of their marketing plan so you cannot blame them, if you are in their part are you going to tell the people the exact price that they can get even if the number of participants will be lessen compared to not telling them? There are only two options that will happen in that scenario either you can receive lower compare to the price that they mentioned or above once their tokens/coins will become successful and the demand will skyrocket.

And in that case, only the newbies will have problem with it but for us who have stayed in crypto for a long time then we know already if what is going on.

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December 19, 2019, 06:51:44 AM
 #84

You lack the knowledge of understanding how crypto works, coins are volatile, they never stay at a fix price for long, they either go up or down and yes it depends on how good the project is but its not the team fault if token or coin lose value after getting on exchanges and every team decides what price they want to sell their token or coin

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December 19, 2019, 07:27:00 AM
 #85

-----

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


We also cannot blame the developer team or the bounty manager completely if in reality the reward does not match the estimates provided in the ad. We also need to know that the range is only an estimate if the price of a token or coin reaches the ICO or IEO price after listing. In fact, now it is difficult to achieve so we must lower expectations. Don't get your hopes up, the market is not conducive.
right, of course rewards are in line with expectations there is something that must be met, especially with a market that continues to blush like this, of course, after the listing price goes down as well, besides there is a dump because there are many who sell it. but for a good project, it will recover later

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December 21, 2019, 07:15:20 PM
 #86

-----

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


We also cannot blame the developer team or the bounty manager completely if in reality the reward does not match the estimates provided in the ad. We also need to know that the range is only an estimate if the price of a token or coin reaches the ICO or IEO price after listing. In fact, now it is difficult to achieve so we must lower expectations. Don't get your hopes up, the market is not conducive.
I disagree completely with your posture, if you are not going to blame the developers for misrepresenting the reward that bounty hunters are going to get then who is going to be responsible for this? You say that is only an estimate but in most bounty threads that I have seen that is not specified, if they were honest with their bounty hunters and said that I will have no problems with that because now it will be up to the bounty hunters to decide whether or not they want to join the campaign or not, but by misrepresenting the reward they are deceiving their bounty hunters.
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December 22, 2019, 01:05:40 AM
 #87

The value is based on the initial sale price not on the market price once it begins trading and more often than not if you're quick enough, you can retain much of that value if you want to cash in directly after listing or hold it longer term till the project matures and it reaches better value

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December 22, 2019, 01:28:34 AM
 #88

We are aware that majority of ICO or IEO projects are based on luck. This is because most of the projects don't have any value until after listing. The listing price in most cases are far lesser than the ICO price making the value placed on the tokens to be lesser.
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December 22, 2019, 01:37:08 AM
 #89

The title of the thread is funny. The projects are not lieing parse, because the value of the tokens are not hidden and could be verified. The only issue is that the same value cannot be assessed by bounty hunters after the tokens must have be listed and it could take a long time before such a value could be achieved.
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December 22, 2019, 02:12:10 AM
 #90


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!


Yes, this should be the correct sentence for it.
I have joined a lot of ICO's out there and I can say I have also been disappointed by those kind of promises.
Although I am not really expecting much since there is a large risk to be dumped when it hit the exchange.

What is the real problem here into why the price is going down?
There is no buy orders.
They should really improve on buy back moves. They should not get it listed and just leave it there.

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December 22, 2019, 02:20:33 AM
 #91

Better for bounty campaign project not during their reward with airdrop because have different way for receiving reward for airdrop participants and bounty campaign participants, where for airdrop participants receive reward soon and faster than bounty campaign have waiting six weeks and more after bounty campaign ended.
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December 22, 2019, 03:13:23 AM
 #92

Indeed like that, their marketing techniques with an estimated frill of $50, $100 that's just for fishing so get people who want to join and make their community trust and wait. In fact its otherwise. It can not be denied is also its name marketing technique so that people are interested if there is a big estimate and let alone equal expectation very likely zero percent as you said.

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December 22, 2019, 05:48:35 AM
 #93

It is their assessment for the price of their token because that is their initial computation but since we all know the process of IEO and ICO that once it got available on the market the price will drop meaning those coin price wont take place once the coin will be available in the market.
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December 22, 2019, 06:12:50 AM
 #94

This is not an issue for bounty hunters. We must understand without a special reminder. that the price of a new token before listing on the exchange is difficult to predict. Although the essence of the proposal is true.
ICO teams are now massively trying to deceive participants in ICO bounty campaigns with the payment of tokens earned by us. It really is

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December 22, 2019, 08:14:20 AM
 #95

They have to promise better reward its part of advertising their project, moreover the reason why many projects fail today is because they failed to reach their hard cap or soft cap
Many projects that promise good and good prizes but instead the project is a scam project. We cannot judge a project by the promises they give because sometimes what they promise is just to get money and then go with that money and this then makes many projects fail to get funding or to reach the softcap.

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December 22, 2019, 09:24:53 AM
 #96

who knows what happened in 2019. although some say there are still some good bounties, but in fact what they get is still no better than in previous years. I feel that way and everyone I believe feels the same way. if all this is due to the falling altcoin market, it might make sense. but if we go back again, the price of bitcoin and altcoin should be before 2017, not higher than now, right? then what's the problem, is it because the team did this on purpose ......
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December 22, 2019, 10:03:05 AM
 #97

Generally, many new projects determine an estimated value for the future price of the token. And they determine the prize amount based on this estimated value. Unfortunately usually there are big differences between the token's actual value and its estimated value. In this case, it misleads the participants.
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December 22, 2019, 01:56:35 PM
 #98

They have to promise better reward its part of advertising their project, moreover the reason why many projects fail today is because they failed to reach their hard cap or soft cap
Many projects that promise good and good prizes but instead the project is a scam project. We cannot judge a project by the promises they give because sometimes what they promise is just to get money and then go with that money and this then makes many projects fail to get funding or to reach the softcap.

Well, I think that when we participate in and understand the ICO and IEO projects for a long time, we should know that the promises and advertisements from the developers are unreliable, the value they provide is never exactly true to reality because that's just their expectation, do investors meet their expectations or not, that's the problem. From the perspective of project managers and developers, even the investors' perspective, the promise and the ideal numbers is a strategy to attract people, it's not a lie, it's just a perfect scenario but not absolute

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December 22, 2019, 02:19:37 PM
 #99

In this case, it misleads the participants.
People are misleading themselves. There is so much evidence to find about how they pretty much lie and fail that it should be an easy decision to not invest in any of them, especially if their claims are too big for where they are.

If people weren't so delusional and greedy, there wouldn't be as many scams projects as there are right now. People are the one to be blamed, especially if they don't care and buy into scams hoping that they will be paying off at one point.

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December 22, 2019, 02:46:15 PM
 #100

I know this airdrop, signature bounty campaign rewards are not exactly we can get after bounty campaign ends.  And im join here with 100% risk but this is also profitable even we can not get the 100% value amount that campaign promise and this is happen before .  Now this is not profitable anymore because we can not get even 10$ and the worst is no value and dead coin. So i think its better now to not join in bounty campaign that paying altcoins, its better to join now in bitcoin signature campaign because even we wait for a week thia is sure that we will get paid with bitcoin and have a real value.
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