Post
Topic
Board Altcoin Discussion
Re: Locking Bounty Rewards To Avoid Dumping
by
H1N1
on 22/04/2019, 03:26:40 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.

Locking bounty reward token can't really prevent any dumps in the future.
Even if the bounty token still not distributed yet, the token price can dump. You can look the Elysian project.
They are delaying bounty distribution, already 1 year passed and the token price still dump.  Roll Eyes