Three phases bounty distribution

[Apostlekin$$$]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

[Distinctin]

What exactly do you mean?

Is it a staggered distribution of bounty rewards? If yes, then I think it's already been applied in some projects, but unfortunately that would not change anything as the value of the token/coin is still lower than its IEO/ICO price,  the timing is not good now if we expect a short term profitable return, that's the reality.

[amos77978]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

whether 1 phase or 10 phase of bounty distribution.. a listed coin without good demand and market makers to drive volume will always go down to zero.. people who invest in crypto startup are those who likes to gamble with their hard earned money

[the_thing]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

I have seen many project owners already implementing this. It's a good way to control the dump caused by bounty distribution but, I think it's not up to bounty managers to decide how they wanna distribute the token because it's usually project owners who send out the payments to participants.

[Phoenix_PROG]

This is not something bounty hunters can debate on because it's not in our reach, only project team can decide that, I'm sure that DIA project from bubbalex have 3 phase distribution because of the team, it's what the team wanted

[Gunday_07]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

whether 1 phase or 10 phase of bounty distribution.. a listed coin without good demand and market makers to drive volume will always go down to zero.. people who invest in crypto startup are those who likes to gamble with their hard earned money

It's not just about the demand here, a project can have good demand or big buy other on exchange but if the bounty allocation is huge and all tokens are dump once it will still affect price even if the project is listed on binance

[Gunday_07]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

whether 1 phase or 10 phase of bounty distribution.. a listed coin without good demand and market makers to drive volume will always go down to zero.. people who invest in crypto startup are those who likes to gamble with their hard earned money

Why do you think that Cartesi bounty distribution was split into three rounds of distribution upon all the 24hours gigantic volume on binance? Another example is Harmony bounty reward, after getting listed on binance the team decide to distribute in three rounds too as per my investigation

[Inkdull]

It's all about the utility of the project, if demand is high enough there won't be any damage to token value if bounty hunters dump their shares but mind you it also depends on how much tokens were given out to bounty hunters

[Teraboy]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

Do you mean the manager must give a suggestion to the team for dividing the distribution for the bounty reward into the some phases? I think that decision will be going back to the team and you must try to talk with the manager directly. I do believe mostly participants will not agree with it.

[SyndicateLabs]

This is not something bounty hunters can debate on because it's not in our reach, only project team can decide that, I'm sure that DIA project from bubbalex have 3 phase distribution because of the team, it's what the team wanted

I was also quite surprised when the bounty budget was only $ 10,000 but they still made 3-stage distribution. It's really unworthy, if bounty has a budget higher than $ 50k then a 3-stage distribution would be much more reasonable.

[Pecunia non olet]

There were many attempts to regulate the bounty sell-offs, but in most cases, it doesn´t work. Because you have to realize what makes a token valuable. It is the popularity of the product, partnerships, development, use case. So even the ICO doesn´t have a bounty campaign, it could fall to zero because they do not care about future growth.

[Wingsbtc]

This is not something bounty hunters can debate on because it's not in our reach, only project team can decide that, I'm sure that DIA project from bubbalex have 3 phase distribution because of the team, it's what the team wanted

I was also quite surprised when the bounty budget was only $ 10,000 but they still made 3-stage distribution. It's really unworthy, if bounty has a budget higher than $ 50k then a 3-stage distribution would be much more reasonable.

Yes thanks for sharing, I believe only bounty projects with high allocation deserves 3 phase distribution but nowadays you will only see bounties with 10,000$ and up to 50,000$ Max, Cartesi bounty has low bounty allocation but since they are going binance it's certain that price will double or tripled, no complains

[angrybirdy]

There are disadvantages for bounty hunters if this will be implemented in every project.
-The value of it in the market will surely decrease over time.
-It is possible that the upcoming payments of bounty hunters to receive won't arrive.
-The money that they are expecting won't be received in full.

These are some of it, I have experienced this before and it is not good for bounty hunters. Also, bounty hunters are not the one who's at fault for the dump of coins in the market, they only hold a little amount of token from the total supply (around 1-5%). I don't think that it will highly affect the market price.

[Ridwan Fauzi]

If I'm not mistaken there was a bounty program who have a rule that when the coin has been distributed for all bounty hunter they will get the reward in their wallet but they can sell all of the token in the allotted time. They can only sell a few percent of the amount of tokens he has.

In one side that is a good strategy from developer or bounty manager but in another side I just think that they are aware if the project didn't has a real function. I mean, if they thinking that the project has a real function to be used by most people they shouldn't be afraid for the price token dump. They will focus to develop their project and always find another chances to working with several parties to get a mass adoption.

[memed97]

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

In the case of a three-phase distribution, that has been done by several projects in the past, we take an example that is still close to the Atronocom project with an AG8 token, they make a distribution in ten phases, but the price remains dumped, and another example in E3T tokens that make distribution in three phases, but the price of the token remains dump, so I think distribution in these three phases is only able to delay the dump in the interim period, not in the long term.

[Eco_111]

Shit project will always be a shit project even if there is three phase distribution they will become worthless very fast, I suggest you choose bounty projects for their utilities not how much you will make from quantities of tokens that may become worthless very fast

[danherbias07]

I like the idea.
But, it should be whatever suits them.

If they really think that the bounty hunters are the reason for the dump then so be it.
But how much is just 2-5 percent of the total token that will be distributed for hunters? That is nothing. They could easily go back from a big sell if the investors will stay.
I think they should focus more on that.

[Claudio99]

Most new bounty Campaigns are only giving up 0.01% of their token max supply, only a shit project will get affected when bounty hunters dump 0.01% of a max supply on exchanges but it's their choice

[ahmia39]

This is not something bounty hunters can debate on because it's not in our reach, only project team can decide that, I'm sure that DIA project from bubbalex have 3 phase distribution because of the team, it's what the team wanted

Yes, indeed this is not something that should be debated by all bounty hunters, because there is absolutely no effect, because distributing in three phases also will not guarantee a token to avoid dumping, for proof we can look at projects that have already do it.

[killerfrost]

Maybe it's his own rule, it will help prevent the price of tokens from being dumped if they don't have liquidity. And you do not need to worry, the projects that he manages very well. And prices will certainly increase many times in the future