Quote from: armarsterling7 on June 21, 2019, 05:35:48 PM

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?

How can they lock your token? When the token is transferred to your MEW wallet, everything is entirely up to you to decide. No one can lock your token unless you're still using their App.
And I also know a bad project. it's OATH. They tricked the bounty hunters into executing the withraw command and then changed the fee levels so that we lost a lot of tokens.
after that, they argue that there are fraudsters and continue to delay distribution for another 3 weeks.
Now its price has been divided by 8 compared to the time listed on MXC.
Such projects will never succeed, they have made too many mistakes and failed to keep their promises.

Do your own research ERC20 has this option, and yes there are some developers that indeed locked their bounty hunter's tokens, they can unlock it for a indefinite period of time, this kind of actions should be considered scam as they never tell this to bounty hunters, when they are rolling out their campaign, only change rule after the distribution.