Quote from: fosco333 on June 17, 2019, 01:55:52 AM

Quote from: aioc on June 16, 2019, 02:12:31 AM

I don't know if everybody knows this, but there is now a risk in getting involved in ERC20 based ICO, and that is they are locking bounty hunters rewards after they've sent it to their bounty hunters,

So even if the coins are already sent to your wallet you really don't own it, because they can lock it anytime at their whims that's what happens to Dexage and Liker, they sent the tokens to their bounty hunters then lock it, so they will not dump, and will only unlock it maybe after they dump all their shares and run away.

what's your take on this bounty hunters?

They are locking the token because they want to prevent dumping price after distribution.
But actually the cause of dump not always from bounty hunters. So, i think this method is not effective.
To prevent dump, the team need to create more demands of their token.

I term it has wickedness on the part of developers to bounty hunters, pure wickedness I mean, because there is really no correlation between hunters tokens and why their coin or projects fails. Let these developers do the math themselves and see the ratio of what their investors hold and what bounty hunters held, if they are truthful to themselves, they will see that it is really not significant to cause any form of dumping at all to them.

If there is any of their policy they need to work on, which is the major thing casing these dump, is the bonus policy to their investors, those bonuses are just too much, and really needs to be caught down.