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Author Topic: Bounty or Airdrop kill project?  (Read 2396 times)
josgandosbro
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July 23, 2020, 08:42:32 PM
 #101

but not all projects will dump all depending on market demand and where the tokens / coins are listing. if they are listed on a small exchange will certainly experience a dump, the token for the bounty is only a few percent and certainly will not affect if the project is good because there will be many requests
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July 23, 2020, 10:48:47 PM
 #102

No, they just did their part as being a promoter for projects. If a coin too bad that even such a low volume of airdrop or bounty enough to kill it, not to mention ICO then I don't think the fault is on airdrop and bounty hunters.
The low volume will create a big spread between the demand and supply in the market and it will make even when someone dumping a small amount of coin and that will give a huge impact to the price as there was no demand to buy such token. this is the main purpose of mass marketing.

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July 23, 2020, 11:08:55 PM
 #103

If it is true, what sense does it make after spending millions of dollars to create a project, you still decide to carry out bounty and airdrop, knowing fully well it will kill the project. Is it not stupidity!
The reason behind airdrop or bounty campaign is for awareness purposes of the project, the token being rewarded to them at the end of the campaign is for the job well-done of spreading the news of their project to investors or users that such project is inexistence.
Airdrop or bounty doesn't in anyway affect or kill project
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July 23, 2020, 11:18:10 PM
 #104

I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

I do not agree with you, because the percentage allocated to the bounty and airdrop hunters is small, which may be 6% to 10%, and this does not affect the price of the project token, the increase and decrease in supply and demand in token trading, and the success and failure of the project team in achieving its goals, This affects the token price. There are a lot of project hunters who hold their tokens for the long term until the project grows, We should not blame the project hunters.

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Denongels
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July 23, 2020, 11:25:01 PM
 #105

Not as long as they do not distribute bounties and airdrops at the beginning and are able to increase liquidity before they add bounty and airdrop prizes that will not make their projects die, but if they have distributed bounty and airdrop rewards and the smart contract has no locking, when entering exchange there will definitely be a terrible decline token price that will cause their project die.

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July 24, 2020, 01:01:11 AM
 #106

Actually i'm not totally agree with you. For marketing campaign they have to spend a lot of money. But by providing bounty token they can Save those money and in order to protect from dump they can buy back some token with cheap price from the bounty hunter. In this way they can also save the market.
but there are rarely projects that buy back tokens from prize hunters, most of them just let it go and eventually their prices are destroyed, even more sales lists, without a purchase list, that's what happened to the few coins I have ever had
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July 24, 2020, 01:43:52 AM
 #107

I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.
You need to know that the allocation of bounties or coins obtained from airdrop is very small when compared to the total coins from the project. As we know that bounties and airdrops are held as advertising media, this is done very cheap compared to advertising services such as Google ads and Facebook ads. Blaming the bounty and airdrop is a long time under the pretext of damaging the market price of the coin, but a developer should be ready when they are advertising with bounties and airdrops. This is a problem with management, blaming several parties for not solving the problem and it is indicative of a childish attitude.

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KimmyF
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July 24, 2020, 02:01:00 AM
 #108

Actually i'm not totally agree with you. For marketing campaign they have to spend a lot of money. But by providing bounty token they can Save those money and in order to protect from dump they can buy back some token with cheap price from the bounty hunter. In this way they can also save the market.
Without the first quarter of 2018, I don't think any time was good bounty hunting. Only escrow or trusted bounty managers can't help to get bounty distribution. But I didn't stop participating in bounty hunting. Rewards are very low to recover your losses. If you have money, then start trade or invest in exchange IEO. Sometimes the team did extra money before bounty distribution.
ttcsalam
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July 24, 2020, 06:22:16 AM
 #109

Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.

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July 24, 2020, 06:33:23 AM
 #110

I shouldn't blame of bounty hunter because there helpful for a project promoting. Actually i didn't believe every hunter wanna sell token in lower price. Almost 90% hunter keep holding for the green chart even its our compulsion. I believe hunter action is good at this time so keep look good through.

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July 24, 2020, 06:39:10 AM
 #111

I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

I do not agree with you, because the percentage allocated to the bounty and airdrop hunters is small, which may be 6% to 10%, and this does not affect the price of the project token, the increase and decrease in supply and demand in token trading, and the success and failure of the project team in achieving its goals, This affects the token price. There are a lot of project hunters who hold their tokens for the long term until the project grows, We should not blame the project hunters.
Not so true, no bounty in 2020 gives bounty hunters up to 6% of their max token supply, we aren't in 2017, the highest you will see is not even up to 1% of total max supply, be expecting something like 0.01% to 0.50%, if you think this isn't true please go back and do research on most bounty campaigns

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July 24, 2020, 06:43:47 AM
 #112

Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.
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July 24, 2020, 06:52:42 AM
 #113

Usually most of the project allocate small amount of tokens for bounty reward, there are exceptions. So if all hunters start dumping their tokens/coins, (usually some bounty hunters will hold), project owner can usually handle the situation.
Hunters spend time, efforts on it. So those are not free money. And you can do anything with your money, atleast in crypto.
I agree to this, its not a free money so bounty hunters can do what they want to their rewards.

Expect them to sell once the price gets better but should not blame for price dump. There are only small percentage allocated for hunters so it should not affect the price drastically or it it does the dev/team can handle such situation if their project is really good.

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July 24, 2020, 07:02:37 AM
 #114

Very hard to believe that Airdrops and Bounties can kill a project, this will only make sense if 20% of the token max supply is given to bounty hunters which isn't even possible, nowadays only 1% of token max supply are given to bounty hunters, sometimes you will even see bounties with 0.01% supply of the whole project max supply

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July 24, 2020, 07:04:19 AM
 #115

Bounty hunters are free to do anything they want with their tokens, you can't tell them to hold or to dump, they work for it so it's on them to do what they like with their tokens, if a dev is stupid enough to think that bounty hunters will dump his tokens them he should just pay in Bitcoin or USDT

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July 24, 2020, 07:28:48 AM
 #116

Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.
5% looks small amount for us, but when this dumped to market its not about 5% anymore but we will talk about investors psychology and mental. especially beginner investors that have no patience waiting good price will dumped their token too. they thinking price will continue dumped by bounty hunter, but didn't look at developtment progress.

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July 24, 2020, 07:30:39 AM
 #117

Bounties promotion have helped many projects that have good use case, those projects that died after few months of listing died because they have no good use case, OP I hope you do deep research on projects, you have too low knowledge about crypto, learn first

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July 24, 2020, 08:40:25 AM
 #118

Your strategy is not right.I can't agree with your topic.Becuase 5% of a project is not allocated for tokens and hunters. In that case I think it is a misinformation. However, it does not wait for the right hunters to sell at a lower price.I don't think the market impact of the project is due to this.
But bounty hunters have used too many bots to participate in bounty programs, so a large part of their funds will be held by a few guys, and 5% of the tokens sold will make investors scare and do some negative action to the market.
The managers aware about this and so many managers have already implemented the more verification to prevent the bot to join in the campaign. I rarely seen there was a bounty that was putting more than 2% from the total token sold. It's happening in the past but not for this year.



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July 24, 2020, 08:48:28 AM
 #119

Crappy projects still needs bounty hunters help to spread news about their useless projects and when they list on an exchange and bounty hunters change their tokens to other coins the project quickly lose value and dump, what OP don't understand is that so many bounty projects are bad projects

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July 24, 2020, 08:48:30 AM
 #120

Very hard to believe that Airdrops and Bounties can kill a project, this will only make sense if 20% of the token max supply is given to bounty hunters which isn't even possible, nowadays only 1% of token max supply are given to bounty hunters, sometimes you will even see bounties with 0.01% supply of the whole project max supply

Moozicore is a nice example. The amount of their bounty allocated tokens was greater than they sold during 3 or 4 rounds of IEO. When the tokens got listed and bounty hunters were allowed to withdraw tokens from dashboard, they immediately crashed the price.

But I cant say that the project was killed because of bounty. The team that developed tokenomics killed the project.

 
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