Post
Topic
Board Altcoin Discussion
Re: Locking Bounty Rewards To Avoid Dumping
by
makishart
on 09/04/2019, 06:40:03 UTC
So there's this campaign that I've participated that locked bounty rewards in the hopes of avoiding token dumping. As what I expected, the dumping still happened. What's even funnier is that it is now the bounty hunters who complains unlike before where investors blame bounty hunters  Grin

If there's any coins or tokens that should be locked, it should only be the team's share (or maybe add those given to advisors). Both parties (investors & hunters) have invested either money or time to get their share and they should not be subjected to such restriction.

Instead of locking, teams should just concentrate on other methods such as buy back and loyalty rewards to lessen the chances of price crash.

To link topics, IEOs also require locking of tokens post listing to mitigate the risk of dumping.  Another benefit of the IEO, they are protecting investors and the company.
That sounds bullshit for me and why? have you seen veriblock IEO that has been hitting bottom price that makes a lot of investors are getting looses? I hope you can see that and you can change your mind about IEO. not all IEOs are good for me personally.