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Author Topic: Bounty or Airdrop kill project?  (Read 2395 times)
Sterbens
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August 17, 2020, 10:44:15 AM
 #381

Maybe Yes they will kill the project once they sell their coins that they got from the bounty campaign they participated.
So that's team of the project are diving their rewards so the price of the coins will not dump easily which is good idea because before they send the full rewards and the hunters wait only to become tradable and they can sell all they have.
Maybe a gradual distribution is also a good idea where the hunters will not sell all their tokens, and this method is very effective too because the hunters only rely on selling when they get their tokens, the team must also be able to increase their tokens in the market so they don't fall easily.

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royalfestus
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August 17, 2020, 11:02:00 AM
 #382

The reason for some of the new bounties with existing project coins listed on exchanges is to expand the community, now the budget for the exercise is low and participants are controlled. In some cases even the little the reward distribution are staggered for 3 or more months, with all this we see dump in some and pump with some. It indicates that bounty reward has nothing to do with dying projects. Like every other members we shouldnt be going back to this old saying, it has been disapproved many times.
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August 17, 2020, 11:08:59 AM
 #383

Maybe Yes they will kill the project once they sell their coins that they got from the bounty campaign they participated.
So that's team of the project are diving their rewards so the price of the coins will not dump easily which is good idea because before they send the full rewards and the hunters wait only to become tradable and they can sell all they have.
Is that really the reason why the price of the coin in the market goes down?

Because what I know is, bounty hunters do hold only a little percentage of the amount from the total supply. If they sell what they got from bounty campaign, I don't think that it will really drop.

But yes, most projects are really dividing the rewards of the bounty hunters, their reason is to avoid hunters to sell all at once.

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August 17, 2020, 11:10:12 AM
 #384

Bounty hunters are working hard to receive their bounty, they are able to receive the bounty tokens because they are promoting the project. That's why this kind of reason is not enough to blame bounty hunters. They should treat bounty hunters as one of their supporters since they help to promote and gather investors for their own success.

Not every bounty hunter works hard. Specially in social media bounties, where you need to do 2-4 click daily and you are free for the rest of the day (speaking about single campaign). Even not every bounty hunter read whitepaper and project description. Funny, that there hunters who are lazy to ready bounty campaign rules. Huge part of bounty hunters don't promote the project, they are simply doing monotonous work.

They project does not treat hunters as "supporters". For them, bounty hunters are just a line in expenses or a wish to get maximum for minimum. But I agree, that the project should care about hunters. This will stop part of the hunters to sell reward at first available moment.

 
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August 17, 2020, 12:54:37 PM
 #385

Maybe Yes they will kill the project once they sell their coins that they got from the bounty campaign they participated.
So that's team of the project are diving their rewards so the price of the coins will not dump easily which is good idea because before they send the full rewards and the hunters wait only to become tradable and they can sell all they have.
Maybe a gradual distribution is also a good idea where the hunters will not sell all their tokens, and this method is very effective too because the hunters only rely on selling when they get their tokens, the team must also be able to increase their tokens in the market so they don't fall easily.
there are already many good projects that are distributing the bounty gradually, and that's a good thing, look at Cartesi on binance,
their token prices are not easy to dump, this indicates that distributing gradually is the right solution
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August 17, 2020, 01:17:07 PM
 #386

There are a few projects that have collapsed by bounty, because they listed on small exchanges with no liquidity. But to fix that problem, the bounty manager should distribute the bounty into 2 or 3 phases. It will keep prices stable and not crash
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August 17, 2020, 03:11:00 PM
 #387

 A lot of airdrops that are flying around now are nothing but real scam.In as much as these airdrops do not involve too much tasks, a good number of people will actually show interest to participate in it and end up getting nothing from it.I have participated in so many airdrops in the last few months I joined crypto and I discovered that nothing good has really come out of it. Hence, most airdrops are mainly scam now.
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August 17, 2020, 03:53:14 PM
 #388

Maybe Yes they will kill the project once they sell their coins that they got from the bounty campaign they participated.
So that's team of the project are diving their rewards so the price of the coins will not dump easily which is good idea because before they send the full rewards and the hunters wait only to become tradable and they can sell all they have.
Is that really the reason why the price of the coin in the market goes down?

Because what I know is, bounty hunters do hold only a little percentage of the amount from the total supply. If they sell what they got from bounty campaign, I don't think that it will really drop.

But yes, most projects are really dividing the rewards of the bounty hunters, their reason is to avoid hunters to sell all at once.
Some part of this community is always serious that the culprits of the slump from projects are always the people who participate in the bounty and the airdrop, they sell the reward from the campaign and influence the survival of the project but the nature for the bounty is too small a reward, it's not strong enough to ignite a discount even if they try to sell at the same time. Besides, no one wants to sell their rewards at a low price, unless the project is not too potential and cannot help raise the price again after the ICO and listing.
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August 20, 2020, 02:17:55 PM
 #389

I refuse to accept that Bounty or Airdrop kill project cos the esenece of them in the first place is to help and create awareness about a project and majority of them have proven to be worth their purpose, so how then can Airdrop and Bounty kill the project

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August 20, 2020, 02:20:13 PM
 #390

I refuse to accept that Bounty or Airdrop kill project cos the esenece of them in the first place is to help and create awareness about a project and majority of them have proven to be worth their purpose, so how then can Airdrop and Bounty kill the project
The OP thinks that bounty and airdrop will cause the token's price to crash, and from there the project will die. I agree with that because I have seen a lot of projects collapsed over the past time, because they are bad projects and have no liquidity. After delivering the bounty the price drops many times because there is no demand

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August 20, 2020, 03:01:02 PM
 #391

The bounty hunters does the marketing of a project and should earn whatever the company gives it as a token or coin. The project is a business and they intend to make money by creating products that can be consumed by who is the target niche. If the project is not well managed it will fail, with or without the participation of bounty hunters. So don't go around here proselytizing the gospel of bounty hunter Judas because you will not succeed. The owners of the company, the managers, the project employees are solely responsible for making the project work and no amount of bad mouthing will change that.

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August 20, 2020, 03:13:52 PM
 #392

I refuse to accept that Bounty or Airdrop kill project cos the esenece of them in the first place is to help and create awareness about a project and majority of them have proven to be worth their purpose, so how then can Airdrop and Bounty kill the project
The OP thinks that bounty and airdrop will cause the token's price to crash, and from there the project will die. I agree with that because I have seen a lot of projects collapsed over the past time, because they are bad projects and have no liquidity. After delivering the bounty the price drops many times because there is no demand
I believe that this is sheer nonsense and the corresponding accusations that the hunters for the Bounty are guilty of the fall of the project were given a lot of and thoroughly weighty arguments and answers. In addition, the reward can always be paid, but blocked on wallets, and therefore the development team themselves create the conditions for the project to have good prospects or fail after the listing leaves. But if you follow the majority of projects after the listing of coins on the exchange, then the massive sale of coins on the exchange occurs in several times larger volumes of coins than the general pool of the Bounty company. Therefore, I believe that developers and investors themselves massively sell coins themselves in order to earn real money and get rid of their useless tokens, and the Bounty Hunters have nothing to do with it.
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August 20, 2020, 03:14:03 PM
 #393

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 am not agree with you. Bounty and Airdrop are helping to expand the project. With the help of these campaigns all types of information about the project is spreaded all over the world. As cryptocurrency is not permitted in many countries, it is the best way to spread the project through airdrop and bounty with social media.

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August 20, 2020, 03:27:06 PM
 #394

Bounty and airdrop was the frontline to make the project know to everyone
With twitter, instagram, youtube and other media campaign it will help the project to reach people and get the fund to make the project success
Ofcourse the company already count how much the token spend for the bounty even if bounty hunter sell it if that was good project lot people will hodl the token until they got lot of money

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August 20, 2020, 03:28:00 PM
 #395

i don't think they kill the project. the bounties and airdrops help the project a lot. imagine that the project without the bounties, the world won't know about the project. if the token/coins prices dump, i think it's because the projects run by some amateurs team member. the projects will die if the team abandoned their project and do not create the product properly.
I agree with your opinion, dude! Bounty hunters have a job to promote the projects. It makes no sense if they try to dump the projects when the bounty campaign is finished. The reason is that there's no benefit for them to do so! A project will be dumped because of itself, not anyone else! A weak project will dump anyway, do not use bounty hunters as a bullet shield!
They didn't even distribute the bounty, but the project collapsed. Like the Blockburn project, they did bouny with a budget of $ 15k. But after the bounty ended the price dropped more than 100 times and they kept delaying delivery on the pretext of price protection, really bullshit

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August 20, 2020, 03:51:28 PM
 #396

bounty kill project? look at project that have bounty campaign which is managed by bounty detective,some of them already traded in market and now even bounty token not distributed yet its price collapse. price and trading volume decrease alot and almost be zero. its could be prove bounty campaign didnt kill the project, but it help alot make project be popular and known by crypto investors.

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August 20, 2020, 04:03:29 PM
 #397

If you think bounty projects, airdrops and AMAs kill the projects, then you are wrong. They help the community get to know the projects more. Advertising on the internet is very expensive, but through bounty and airdrop projects, people know more about the project. The people participating in this program are very crowded and they make very little money from bounty, airdrop projects. Only poor quality projects worry about the impact of bounty hunters.
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August 20, 2020, 04:09:16 PM
 #398

bounty kill project? look at project that have bounty campaign which is managed by bounty detective,some of them already traded in market and now even bounty token not distributed yet its price collapse. price and trading volume decrease alot and almost be zero. its could be prove bounty campaign didnt kill the project, but it help alot make project be popular and known by crypto investors.
Yes, most of the bounties of bounty detective that are already listed on the exchange gets dumped even before the project ends and reduce to a 100th part when the participants get the bounty rewards, sometimes even before that. This clearly indicates that the bounty hunters aren't responsible for the dumping of the prices of tokens, but the culprit are the team members who get out of the project by selling their stakes in the project which they dump on the market on whatever price they get in return of their tokens, this is a total misconception that the bounty participants dumps their tokens on the market.

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August 20, 2020, 04:15:35 PM
 #399

The opposite! Thanks to airdrops and bounty campaigns people get informed about the project. It is true that people earn free tokens and they rather sell them than hold because they do not know what they really get, but on the other hand, it could mean cheap tokens for investors if the token is really valuable. So no, bounty campaigns do not kill a project, the team´s inactivity kills it.

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Do it For Better Humanity (Bitget trader)


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August 20, 2020, 04:29:28 PM
 #400

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.

A strong and sensible project should be able to overcome some bounty hunters dump. Moreover not all bounty hunters or airdrop hunters dump coins. Some hold and take it as their investment on the project token. So, the truth is if the bounty hunter sees the coin as a good coin.. They won't want to dump.
SNX (Synthetix Network) Did airdrop and bounty and no issue with dump : This is because the project is a good one.

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