To all those who are saying bounty amount is small.
Total bounty to be distributed is around 15,000 TIME. Percentage wise you may think it is a small number.
But have you seen that all sell orders on all exchanges sum up to only around 10-11 K TIME. Now, bounty may seem big to have a big effect on prices.
However, not all bounties are dumped. Many bounty hunters are also long term holders.
Let's see what happens.
I'm curious where you get the 15,000 number at. The actual amount is much less than that.
Did devs and/or advisors sold any tokens yet?
Nope, and no whales have sold either. There is a reason for that.
It was just an estimate.
3000(blog bounty) + 2000(newsletter bounty) + 2000(signature bounty) +1000(LaborX bounty)+1000(Bug bounty)+6000(translations) = 15000
Number of translations were not provided in public. So I just estimated it. And, I read somewhere on BTT that 1000 time were distributed to bug bounty (I'm not sure).
Estimation of translation bounty = 3 (total months) * 100 (Time for each) * 6 (number of languages) * 5(number of things to be translated in each language) = 6000