Post
Topic
Board Altcoin Discussion
Re: Bounty hunters killed ICO?
by
EXtremeAEX
on 31/08/2019, 12:25:07 UTC
1) a project collected funds,
2) Funds allocation (among advisors, bla bla bla and bounty hunters)
3) Considering there are thousands of BH, the price of a token dropped dramatically
4) Investors bought token on ICO see this crap and less people invest in ICOs.

True or False?
1. In essence, the PROJECT NEED a bounty campaign. It is precisely because there is a demand for bounty hunters that they exist. So it’s important not to forget this moment.
2. No one ever forces and cannot force a project to conduct a bounty campaign.
3. Thousands of BH in most cases have only 1-2% of tokens from the entire pool. So, even if all BH simultaneously sell their tokens, this will not be able to greatly affect the price of a valuable token.
These are all fables invented for you. The price of a token at the beginning of trading often falls so sharply due to the fact that tokens are sold by Pre-ICO participants who bought tokens at a very low price. As a result, when the token enters the exchange, they have the opportunity to sell them at the prices at which the ICO was conducted, while making profit from the difference in value.
4. Investors, if they see that some crap is happening with the project,  generally don't invest money in it. And holding a bounty campaign is not crap.

Now that you have the answers and counterarguments, I hope you get the answer to your question.

Don't be a victim of such fables, always think for yourself.