b1k4ng
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June 05, 2020, 03:52:46 AM |
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now the team has found a new way to keep prices stable, they do a gradual distribution to bounty hunters, for example 1% to 10% every month, so I think a very large allocation for the bounty will not be too influential. even projects that have a small allocation now implement such a thing but all also returned to what the total supply was and also saw quality of the project, get lots of requests or not.
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Buttercup123
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June 05, 2020, 08:38:22 AM |
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But I can see ARCS bounty having huge max supply and the token has huge value of 0.33$ per one, the bounty campaign is only giving out few thousands of tokens at around 30k in dollars, to me it's not always about max supply
What do you mean ? And in the end, their budget is only $ 30k, which is quite a low budget for bounty right now and it certainly will not be able to cause a collapse when the token is distributed. Maybe its his/her first time joining bounty campaign with that huge value only $ 30k . ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Definitely low budget for bounty campaign, And their are many participant in the campaign which includes that each participants will earn small amount of the token. The token will not dump if their are many opportunity and use case about the project.
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southerngentuk
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June 05, 2020, 09:12:28 AM |
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now the team has found a new way to keep prices stable, they do a gradual distribution to bounty hunters, for example 1% to 10% every month, so I think a very large allocation for the bounty will not be too influential. even projects that have a small allocation now implement such a thing but all also returned to what the total supply was and also saw quality of the project, get lots of requests or not.
The best way to keep the price stable when distributing bounty is to distribute tokens in batches. They can distribute tokens in 2-3 batches over 3 months and I believe this will make their tokens much more stable.
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IamAltcoinfan
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homt.net
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June 05, 2020, 11:20:35 AM |
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It depends on Project total token supply and also budget allocated for marketing bounty is the major crypto currency strategy from beginning will create awareness about project in community . More over it will increase the circulation supply . I am mostly looking for project whcih is already listed in exchange even though it is having very less bounty portion . Atlast we will be paid for our effort its upto the person want to earn more has to take risk . I stopped participating bounty after most of my earned token became worthless . Now again i started with new strategy
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rahmatullah9305
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June 05, 2020, 11:55:51 AM |
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now the team has found a new way to keep prices stable, they do a gradual distribution to bounty hunters, for example 1% to 10% every month, so I think a very large allocation for the bounty will not be too influential. even projects that have a small allocation now implement such a thing but all also returned to what the total supply was and also saw quality of the project, get lots of requests or not.
Doing a phased distribution to bounty hunters will not have much effect on the price of the token, because I have seen a project that has a phased distribution to the bounty hunter, but the price of the token remains down in the market, this is what I see in the Atronocom project with the name AtromG8 (AG8), this token is listed on the Bibox market, at the beginning of the listing the price is quite expensive, but after that it goes down from day to day until now.
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FairUser
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June 05, 2020, 12:23:25 PM |
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now the team has found a new way to keep prices stable, they do a gradual distribution to bounty hunters, for example 1% to 10% every month, so I think a very large allocation for the bounty will not be too influential. even projects that have a small allocation now implement such a thing but all also returned to what the total supply was and also saw quality of the project, get lots of requests or not.
Doing a phased distribution to bounty hunters will not have much effect on the price of the token, because I have seen a project that has a phased distribution to the bounty hunter, but the price of the token remains down in the market, this is what I see in the Atronocom project with the name AtromG8 (AG8), this token is listed on the Bibox market, at the beginning of the listing the price is quite expensive, but after that it goes down from day to day until now. The reason is that the current market is very bad and no altcoins can grow these days. Most altcoins drop after being listed in exchanges, which is the general situation of the market
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Bezobraznike
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June 05, 2020, 12:32:40 PM |
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now the team has found a new way to keep prices stable, they do a gradual distribution to bounty hunters, for example 1% to 10% every month, so I think a very large allocation for the bounty will not be too influential. even projects that have a small allocation now implement such a thing but all also returned to what the total supply was and also saw quality of the project, get lots of requests or not.
Doing a phased distribution to bounty hunters will not have much effect on the price of the token, because I have seen a project that has a phased distribution to the bounty hunter, but the price of the token remains down in the market, this is what I see in the Atronocom project with the name AtromG8 (AG8), this token is listed on the Bibox market, at the beginning of the listing the price is quite expensive, but after that it goes down from day to day until now. The reason is that the current market is very bad and no altcoins can grow these days. Most altcoins drop after being listed in exchanges, which is the general situation of the market General situation of the market is great, and for that we needed 10 years. New projects that wish to enter the market had a hard time, and will have hard time to get in. Some new projects drop down, other rise, don't blame anyone for that, its a normal thing, just strongest survive and manor progress. Bounties wish a lot of marketing for them, they will try what is necessary for people to folloe and support. New ideas are needed and don't expect to like all of them.
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jcpone
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June 05, 2020, 01:24:46 PM |
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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???
Honestly, I don't join in any such campaign that running more than 2 rounds because most of the project I saw implementing this concept always end up for nothing, I mean all their participants are not well compensated usually who joined with them. This was just my experienced regarding about what you are telling it now.
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carlisle1
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June 05, 2020, 02:57:35 PM |
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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token,
Well have you checked how much token this Project has?and i'm afraid that this allocation is only there to Lure bounty hunters to work for them so they can fool investors but even How much token they promised?still there is no chance that Hunters will get what the amount they promised. I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???
If they are really legit?then they will never do this stupid high allocation mate is it really hard to understand? This company are for sure scammers and will never bring truthful to all of the affected parties.
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Captain Corporate
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June 05, 2020, 04:03:33 PM |
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I guess these project managers thinks that if they give away a lot of money, people will work a lot more harder. However they are forgetting that how many of those tokens they are giving away doesn't really matter as long as people are willing to work for cheap and sell it right away and destroy the whole market of that token. So at the end of the day they are doing it because of a good reason but they are idiots so they can't see the consequences and it causes something bad.
Hopefully this trend will soon be over, people will realize that there is no reason to actually give away that much money, in fact if you do a whole bounty campaign for 5 thousand dollars with giving away USDT or bitcoin instead of actually giving your project, you are going to eventually get your token A LOT MORE attention than any other method you could have done.
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bitgolden
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June 05, 2020, 06:34:52 PM |
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It is not actually the "quantity" of the token that matters it is how much of the marketcap that matters. If there is 100 million tokens created and you give out 10 millions of it for bounty that is not good at all, you are going to have a crash sooner or later when everyone has that much coin that they didn't paid for.
However if you give 10 million tokens but have 1 billion created, that is not going to hurt you at all. As you can see on both examples you gave out 10 million tokens and in one of them it hurt your token very much whereas on the other one it didn't hurt at all. That is why it is not about the quantity itself but more about how much of the total supply that bounty comes down to. Try to give out as little as possible, I always say 10% of the investors is good enough, if investors bought 10 million tokens, then give out 1 million in bounty, that is a good rate.
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ije07
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June 05, 2020, 06:44:10 PM |
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We cannot blame every user who gets a lot of tokens. If the project really decides to have 4 or more campaigns, they do it. That means they have thought and considered, so there is nothing wrong if after the distribution of dump prices. Because it is the decision of the project directly for its allocation.
yes, it is also true that the project team has considered this before. but the problem is who is holding the most number of project tokens? I'm not sure if it's a bounty hunter, I think the initial investor or the project team itself is holding a large token and making a dump.
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adzino
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June 05, 2020, 07:13:07 PM |
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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???
What is the supply of the token? I don't think any project would be giving large amount of supply to the bounty hunters. They know that if they giveaway higher percentage of the tokens to the bounty hunters, the price is going to dip. Check the supply and then you will know if they are overpaying or not. If you think they are overpaying in tokens, then don't just join it.
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ene1980
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June 05, 2020, 08:48:30 PM |
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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this??? First and foremost there are not much projects to advertise that are a sure shot success, if you think there are too much participants promoting a project you have the choice to pull out of it, the main idea of advertisement for a project is to have more eyes on what they are doing and attract investors and they will not stop anyone from advertising their project.
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makishart
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June 06, 2020, 03:43:29 AM |
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We cannot blame every user who gets a lot of tokens. If the project really decides to have 4 or more campaigns, they do it. That means they have thought and considered, so there is nothing wrong if after the distribution of dump prices. Because it is the decision of the project directly for its allocation.
yes, it is also true that the project team has considered this before. but the problem is who is holding the most number of project tokens? I'm not sure if it's a bounty hunter, I think the initial investor or the project team itself is holding a large token and making a dump. The hunters were getting very small percentage from the bounty campaign and mostly each person got less than 0.001% that means it's very small amount compared with the total tokens that has already issued before. In this case investors are playing the main role.
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Baoanhbmt
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June 06, 2020, 03:49:24 AM |
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If you consider the amount of token allocated to bounty hunters, they are just minimal. 1% to 5% of the total supply, where devs hold 20% to 30%. which is quite a low budget for bounty right now and it certainly will not be able to cause a collapse when the token is distributed. If the economy of the token is established this 1% to 5% won't hurt the market that much. It can go down for some time and will recover eventually.
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NewRanger
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June 06, 2020, 04:07:38 AM |
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If you consider the amount of token allocated to bounty hunters, they are just minimal. 1% to 5% of the total supply, where devs hold 20% to 30%. which is quite a low budget for bounty right now and it certainly will not be able to cause a collapse when the token is distributed. If the economy of the token is established this 1% to 5% won't hurt the market that much. It can go down for some time and will recover eventually.
we should compared token allocation between bounty and dev allocation. team tokens used to future developtment if their projects getting stuck or something happen. they could use this token to get fresh money and recruit more team to developt product. meanwhile allocation for bounty hunter just for reward and could directly sell in market. its amount not too big but have effect on market psychology when holder dump their token.
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dhemasm
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June 06, 2020, 04:27:59 AM |
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Basically that was of course will affect the token price but as you know it's only around 1%-5% From total supply so i don't think it will affecting the price for a long time, If that token has value for the crypto community and ecosystem it will rising slowly over time due to the many demands, Of course there was some example for some tokens after the bounty distribution process a dump has occurred and cannot recover for a long time but I don't think it's entirely the fault of the bounty hunters or the bounty allocation is too large, it is the duty of the team and also the community to promote use cases so that demand will continue increase.
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studio1one
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June 06, 2020, 05:02:42 AM |
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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???
Guess you are talking about YOUengine, right? Sometimes project owner runs high reward bounty to attract more participants which indirectly impact the price of the token especially if the token in question has a low supply.
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someone703
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June 06, 2020, 05:27:13 AM |
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I've seen one or two bounty campaigns on here with massive token allocations for bounty participants, I'm wondering how this won't affect the value of the token, I believe giving away too many quantities of tokens can easily ruin the value of the token, most especially bounties that are doing 4 Rounds of campaigns, what's your take on this???
Guess you are talking about YOUengine, right? Sometimes project owner runs high reward bounty to attract more participants which indirectly impact the price of the token especially if the token in question has a low supply. Besides, I also see another campaign that is Koinpro. The budget for bounty is very large, it accounts for 10% of the project's total supply, and if they distribute the token then I believe this project will collapse quickly.
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