The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.
A real project focuses on to achieve their roadmap. A dumping of 5% of their token won't make any difference. Exchange listing is one of the checkpoint in the roadmap.
The team really has no time watching at the coin price movement if they are really dedicated to deliver what they have stated they would.
Yeah, the situation happened in 2017, but not now. Of the many projects from last year, most of them have become shitcoin now, almost all of them. I have also seen some real projects in the past year, but even though the developers have worked hard according to what they stated before. All of that is still inferior to a dumping done by bounty hunters, in fact this is not the fault of the bounty hunters but the market has turned around, where investors' interest is even smaller compared to that of 2017.
Yes, you could say that now the interest of investors to invest has begun to diminish, perhaps because if we look at falling market conditions, investors are hesitant to invest and maybe because of the many scam projects that have made investors lose and ultimately investors prefer to wait the right time to start investing.