I just heard that the supporters and members of bounty are already paid in ETH. What is the reason why the team paid the participant directly to ETH? Is there some reasons for that? Coz I heard a couple of project doing the same thing.
Maybe to avoid dumping by bounty participants, especially when there are cases of multiple alt accounts trying to usurp all bounty shares. So basically there will be no dumping of giveaway tokens. I think it was a good idea.
Good point. There will no chance to dump the coin because there will be no coin issued by the project that is why they paid the participants directly to ETH. Now I know why some project are doing it.
You for me, too, in this regard, opened their eyes. Now I also see the point in this and this is actually very correct from the team of this project, as this gives more confidence for investors. I think this is a good example for other projects, show your potential investor your respect and reciprocal support ...
What's happening now as CMCT tokens are being dumped in the market is that no one can blame bounty participants of dumping their bounty coins since there were none allocated, lolz.
The reality is that when you involve a crowd in funding, a significant percentage are dumb and will always buy high and sell low.