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Author Topic: Three phases bounty distribution  (Read 793 times)
the_thing
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July 17, 2020, 09:00:50 AM
 #81

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 think limiting a distribution to 3 phases would help to prevent a project from dumping? I personally don't think so. A good project will always survive the dumps regardless of of 3 phase distribution or not

Some projects give a huge amount of tokens for their campaign and during the early stages of the project, they have low liquidity in the market during which if all tokens are released at once then it will cause huge dump on this case stage-wise distribution is the best.






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July 17, 2020, 09:03:53 AM
 #82

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
That's not a good idea to prevent project to fail or token to down it's value. Even the distribution for bounty participant will be divided into  many 3 or 12 phases there is no change in tokens value because it depends on the demand,marketing strategy and the support of the team to avoid their token become worthless after a few months. Marketing strategy is the very important for a project to gain higher demand. Don't always blame the hunters because not all hunters are selling at a lowest price and dump the token.

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July 17, 2020, 09:05:28 AM
 #83

You mean the manager shall not distribute the reward token at one time?
 It's a good idea to atleast to control the dump, distributing it in a three phase will make it more reasonable for the bounty participants not to dump the coin together after receiving it. Indeed a good idea.
 
 But come to think of it, whether this idea will work or not. We are in crypto market and we can't avoid dump price, right? Not just the participants will be the cause of the price dump after selling it but also the team, devs and the owner who has huge coin can easily dump the coin whenever they want to.
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July 17, 2020, 09:44:29 AM
 #84

If a project lacks good use case or well developed utility it will surely loses value fast even if the team decide to do a ten batches token distribution after bounty ends, I choose bounty projects carefully depending on how good it's use case is so whatever the team decisions might be won't affect the price or myself, as far as I get my tokens
Axelseseclevz
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July 17, 2020, 10:23:11 AM
 #85

I don't think if that strategy will become effective to avoid dumping of price in crypto market. But i think  the tiken price won't go down if there will be an effective marketing strategy from the project team with their support. Also i don't think that bounty hunters are the only reason why token lose it's value.

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July 17, 2020, 10:42:08 AM
 #86

A good project doesn't need to complicate its distribution by split into 3 or 5 or whatever. If they overestimate their bounty funds and worry about too much of it would cause dump then try something else but not this.
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July 18, 2020, 06:05:09 PM
 #87

I don’t think three phases distribution is working in single bounty project. I would to remember Tokoin it’s so potential project, provably they paid 30-40% tokens within first two months but they increased phases but can't protect the price. But now so many good projects applying these way, it’s better than 6 months or 1 year locked.                               

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July 18, 2020, 06:13:32 PM
 #88

I don’t think three phases distribution is working in single bounty project. I would to remember Tokoin it’s so potential project, provably they paid 30-40% tokens within first two months but they increased phases but can't protect the price. But now so many good projects applying these way, it’s better than 6 months or 1 year locked.                               
1 year locked is a very long time, bounty hunter also needs money, I'm sure if the project is good,
bounty will not make a bad impact on the price

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July 18, 2020, 06:19:43 PM
 #89

I don't like the idea of distributing tokens thrice, this won't safe a project from getting dump if the project utility is utterly useless, if the project token has a very good utility there will be high volume on exchanges because of the demand and bounty max supply isn't always up to 0.5% of whole project max supply, this can't make the token lose value

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July 18, 2020, 06:23:23 PM
 #90

I don't get it why they need to do this. Lock or freeze token in a set amount time and try to delay the distribution of bounty reward is always a lame excuse because "muh dump". Controlling dump for a project with a low fund for bounty or airdrop is a waste of time. Unless they set like 10% of the total cap then maybe I can understand their point but for less than 1% or even 0. zone but you still need to control it?
KaratX
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July 18, 2020, 06:27:40 PM
 #91

It's the team choice if they plan to use this distribution strategy, it's not something that bounty managers can pull off themselves, the latest bounty from bubbalex also have this rule of distributing three times and bubbalex said it's not his idea but straight from the team, I'm fine with it anyways

Golftech
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July 18, 2020, 06:51:01 PM
 #92

I don't get it why they need to do this. Lock or freeze token in a set amount time and try to delay the distribution of bounty reward is always a lame excuse because "muh dump".

They should properly allocates that budget, advertising is part of the marketing and having the right allocation is a must for the team.


Controlling dump for a project with a low fund for bounty or airdrop is a waste of time.

It shouldn't be like that, the team is responsible whatever the hunters did to their rewards.

Unless they set like 10% of the total cap then maybe I can understand their point but for less than 1% or even 0. zone but you still need to control it?

Most of the time it's only 2% or less for bounty rewards so it's not that big to make a certain dumped for the entire project,.
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July 18, 2020, 06:53:52 PM
 #93

This is annoying and risky for bounty hunters at the same time, before the three distribution phases comes to past the token can lose its value and you will be left with few dollars, I'm not supporting this, it's better it team can only give up the exact amount of tokens they can release at once

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July 18, 2020, 06:57:49 PM
 #94

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

Most times, 3 phases of bounty distribution is just to reassure investors, and team themselves the assurance that the project will survive on the long run. Also, it is employed to scare or reduce the amounts of bounty participants
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July 18, 2020, 07:06:52 PM
 #95

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 doubt if that COVIR Project will have good value once trading begins on exchange, I know the project have real use case and of course a fully functioning company but they plan to use bitforex of all exchanges, there won't be much demand for this token

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July 18, 2020, 07:14:42 PM
 #96

Another reason why nowadays it is too hard to actually get a decent profit from doing bounty work. Most of the bounty for bounty hunters to join put them at a huge disadvantage where every kind of risk is on bounty hunters. No such thing called fair and square anymore. A few months-long bounties with stages of distribution and locking before a set of time... Pure nightmare.
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July 18, 2020, 07:18:21 PM
 #97

I don’t think three phases distribution is working in single bounty project. I would to remember Tokoin it’s so potential project, provably they paid 30-40% tokens within first two months but they increased phases but can't protect the price. But now so many good projects applying these way, it’s better than 6 months or 1 year locked.                              
1 year locked is a very long time, bounty hunter also needs money, I'm sure if the project is good,
bounty will not make a bad impact on the price
That's true dude, but you don’t know Azbit project which was launched around 1.5 years before. These project participants are unlucky so they’re still nothing receive yet. CEO excusing several times to price will be crash after bounty distribution, such old project still worries for the hunter tokens lol. It’s seems deceived.               

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July 18, 2020, 07:27:23 PM
 #98

You know that many projects are already applied this method on their bounty distribution. But if we talk about the dump, in the end it's all about the demand and the quality of the project itself. The price won't be dumped if it has a good volume especially the buy order, in order to cover the huge selling activity from bounty participant.
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July 18, 2020, 07:30:56 PM
 #99

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
This ideas is the strategy most new project used these days but despite that if you check the price of their token/coin in the market youll see the strategy as a footless effort which didnt save the project from downtrend and thats because theres no way a 7-10% out all maximum supply will affect the price of a project in market.
What new project owner needs to a strategy that will make investors and early miners keep their holding that selling it.

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July 18, 2020, 07:40:16 PM
 #100

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
That's true mate, good projects won't feel the impact of the dumpers when their project has more case use in real world than just virtual case use. Those projects with the right team members will survive any attacks from bounty hunters anytime than mere scam projects. Also, the value of the tokens in distribution matter for any project to strive during the dump, the lesser the tokens the better the token price.

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