Post
Topic
Board Altcoin Discussion
Re: Bounty hunters risk on ERC20 tokens in ICO
by
Chika08
on 18/06/2019, 04:38:48 UTC
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?
I will not call that risky and I will not say it's ideal as well. Although I have not come across such projects who will lock my wallet from sending it's token but I know a particular smart contract can be lock. I also know that bounty token can be locked if it's on a single wallet before distribution or the entire smart contract is locked and not locking individuals wallet after token has been sent. If that can happen, then why can't the team lock a scammer or hackers wallet?