Ok I received my liker coins this month but unfortunately, I would have to wait for 4 months or the month of May before they let me trade their token, do you think this is ok they never mentioned that they are going to lock for 4 months during the bounty period, what's your thoughts on this?
This is their thread
https://bitcointalk.org/index.php?topic=5061763Well, as for me it's not ok, but locked rewards is pretty usual thing and there are few more bounties around with the same approach... It's a bear market and every founders tries to do their best to defend the project and prevent fast dump.
Its true. Its not the first time Im hearing about it, in fact Ive encounter and read whitepaper of projects that they openly announce locking of tokens for sometime. If OP havent read their whitepaper he might be surprised about it but it is part of their rights and its not in our hands anymore. Justifiably because most of bounty hunters dump their tokens immediately.
Why they are dumping their token in the market kindly understand, every company is balming the hunters. After working for more than 3 months of time, which they will not make any money but people who are launching the bounty campaign they are making a huge amount of money through crowd sales. Which they don't want to develop any more after the crowd sales, which i have faced these type of situation much time.
Hunters would always took the blame neither by the devs or investors itself not knowing that the main dumpers are the ones who do purchase large chunks of coins while its still on sale.Locking for too long might be strategic but majority of them will just ran away with the funds and not to turn their back into their project.The main thing on mind is n pocketing money and leave it on the ground and create a new one.