Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY] Bowhead Health Bounty Campaign
by
riyaz22
on 26/09/2017, 03:44:27 UTC
After reading a lot of concerns here. I guess the team do have to clarify and address these concerns.

From your previous statements:


Distribution of the bounty fund:

Total AHT Token supply: 100m
Total AHT Token Distributed in ICO: 40m
Total AHT Token Available for bounty: 1% or Total supply of Tokens - 1,000,000 AHT

Clearly, the Total supply is still 100m, this will remain so even if Bowhead Team would lock up unsold tokens for all eternity.
(These data will only change UNLESS, The team would decide to burn those unsold tokens)
Which means, the Total AHT Token Available for Bounty should be 1 million. Right?

Facts:
Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands.
Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).

I do hope the team would come up with a decision that would benefit all of the involved parties; investors, bounty hunters, and the company itself.
The way I see it, this can only be achieved by burning those unsold tokens.


Hello Julerz12,

Thank you for your questions. On August 9th an update was released by Bowhead detailing our strategy for unsold tokens, you can read this update here. The rules of the bounty specifically said that we reserve the right to change terms due to circumstances like these where we had 40M tokens to be sold and only sold a fraction of the tokens. It would be unfair to others if we provided an abnormally large bounty pool versus the pool which was sold. We believe locking the pools of tokens in equal ratios to our original strategy provides the fairest solution and allows extra growth for Bowhead.

We are providing solutions to keep everyone happy and hope our bounty community join us for the long run and extra incentives we have planned for the $AHT Club https://medium.com/@bowheadhealth/aht-tokenholder-update-c05ee40db783

By "Others" you mean the investors right? Yeah we get your point, but how about the bounty hunters, the people who help you to sell those fraction of tokens, isn't it unfair for us too?
80K bounty pool would mean nothing if divided and distributed to the huge number of bounty hunters and huge amount of supply.
Burning those unsold tokens will be the only way to settle things up. It'll be beneficial to all.
With just little supply, the AHT tokens will surely rise up, confidence and support from the entire community will help bowhead health to reach it's goals and full potential.

But, since Bowhead team is already throwing "we reserve the right to change terms due to circumstances like these" kind of statements.
I guess there's nothing much we can do about this. I'll accept your terms. But that's just me, I doubt the "Others" would do the same.


Bowhead is really trying hard  not to pay according to 1 000 000AHT. They are making everything in their favor  and bounty manager also helping them.I totally agree with Mr julerz12 , we are not going to accept any new way which reduce the initial bounty amount.Don't threaten us again & again with rules just made to manipulate the participants in beginning.We did our work with sincerity and dedication, we get paid accordance with initial statement.Think about those who ware your signature for long 2months with an illusion you will pay handsome bounty.
Just pay according to initial amount otherwise face the consequences.Don't threaten us with a kickout from bounty campaign final distribution bla bla.What value we get now,we already calculated and that is hardly matter whether you give it to us or not.But be ready for red marks.You already wasted our time and now what extent you will go to damage this bounty hunter community. AHT price already fall to its low currently at $.128 cents.