Post
Topic
Board Service Discussion (Altcoins)
Re: Is it ok to lock your bounty for 4 months
by
Betwrong
on 25/02/2019, 13:04:46 UTC
~This can be problem, but there are ways to prevent dump and bounty huters form selling all tokens all at once.

No, there can't be a problem. I had explained that already in my previous post:

https://bitcointalk.org/index.php?topic=5103256.msg49848985#msg49848985

And I'm going to stick with my opinion unless you show me a bounty campaign that allocates at least over 5% of the total supply of tokens to their bounty. There are no valid reasons for locking participants' bounties for months, in my opinion.

Well for exchanges that have low liquidity the price can change drastically with just small amount of sold tokens.

I'm not talking about BTC/USD value of the tokens, but rather about the percentage of tokens allocated for bounty campaign. Selling much less than 1% of all tokens (0.17% in the OP's case) can't make a big impact on the price regardless of the BTC value of all tokens in circulation.

Also not all the tokens are released immedeately. Investor tokens are usually released first, then bounty hunters. The team member tokens are sometimes locked for some period of time (few months).

I'm not sure if this is true even in some cases, let alone always. Isn't the point of this thread to say that it's bounty hunters who receive their tokens last, not the team members?