Quote from: Btc_1856 on September 30, 2019, 01:44:55 PM

Quote from: Naficopa on September 30, 2019, 10:22:06 AM

Quote from: Redemption59 on September 29, 2019, 10:55:49 PM

This is totally insane for project managers to decide on such a decision on prior to distribution, why not before or during the bounty campaign but rather prior to distribution. Do they think this solves dumping, I know of many projects that locked their token and it even dumped more than they expected. Locking is not the antidote for dumping.

Not informing about the blocking period at the very beginning is very unfair, same asn not informing that KYC will be required.
However, the idea itself is not completely insane. Often the project needs a few months to attract the eyes of investors, especially in the situation in which the market is now. So finally it can also be very profitable for bounty hunters.

We see this type of situation from the bounty companies. In the beginning, they won't mention any locking period and KYC but after collecting enough, they will start teasing the bounty hunters to send the documents for KYC verification. We have experienced this type of companies which sometimes we don't receive the bounty at all.

And this is one of the bad experience we can have by participating in bounties.
This KYC is the one i am affraid to do.

More project affraid of bounty hunters to sell thier token once its listed in exchange thats why owner make a move to lock the token and give it time mostly it takes 3 months before you can move your token once its locked.
They dont see that the reason of the price declining is not only bounty hunters sometimes its investors it self they are affraid lossing so they will sell thier token even with just small profit .