Post
Topic
Board Altcoin Discussion
Re: Stop Blaming Bounty Hunter!
by
Koobtcgal
on 23/07/2019, 17:46:01 UTC
Since I signed up for the Forum, there is a subject that the project teams have been constantly complaining about. People who deal with Bounty are seen as a dumper.

I've been studying for a long time. I talk to many project teams like a private investor and ask how many (%) discounts they can offer to me for a $ 100,000 investment if I want to buy tokens during the ICO process. Coming offers you can not believe. Today I encountered another project. A year ago Winklevoss brothers invested as an early investor to the project. And they will do ICO soon. The price difference between the price they sell now and the investment they received from early investors is exactly 2500 times! I can't believe! They're trying to sell what one person got for $ 1 to another person for $ 2500.

Let's go back to the bounty! Projects usually allocate 3% of the figure they sell for bounty. So for example, a project that collects 10 million investment distributes only 300k bounty. Can you really dump a coin with a 3% bounty (which is distributed to an average of 1000 different people)?

$ 10,000,000 to $ 300,000? Really? Are you that naive? Or do you like to treat bounty hunters as cheap workers?

Please stop blaming bounty hunters! And stop huge discount your early birds. They are dumping your coin, project itself! I think the market needs more transparency!

This case is very serious and it is not only about early birds discounts. They the team dump their tokens and makes it look as if it were the dumpers that destroyed their coins price which is not the case in reality.
These days, the team do not get what they want to raise so the only way to get money is to dump their coins to get some funds in addition to the few they raised during tokensale