I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
I think this should clarify the perception of people saying reward given to hunters are the reason price of a project dump, even when reward of burn are yet to be distributed the price of burn went so low, I was also shock to see such a huge fall in price, maybe as a result of the market situation or the team doing something behind close doors who knows,
The project looked good, idea was great, price was also very good even before ieo and the swap but suddenly the huge dump, it is really hard to say what happened.