Post
Topic
Board Tokens (Altcoins)
Re: [PRIVATE SALE] IsItDebunked.com DBNK - Community Fact Checking [Private Sale]
by
IsItDebunked.com
on 20/01/2021, 10:20:56 UTC

It's not about thinking about these things, we are looking to make sure everything is done perfectly. We have seen many projects get crushed due to doing airdrop campaigns and it has caused an influx of people who aren't interested in the actual project and just want to sell as soon as the receive their tokens and are constantly looking at how to sell which creates sell pressure even before the project is live. This is never a good thing for any business. We will do these at the correct time.

Thanks


IsItDebunked.com Team

It's very good that you think about it. Many projects have been damaged by bad tokenomics. Often, developers are most interested in attracting as many bounty participants as possible by setting a huge budget (bounty pool). They don't think of that bounty hunters will want to sell their rewards immediately after receiving them. Of course, if the project is excellent (as yours  Wink Cool ) and there is strong investor interest in it, the price should defend itself, but be careful when setting a budget for the Bounty Campaign.

Yes we have seen over the years various projects which have suffocated themselves so to speak and had to deal with bounty hunters moreso than actually investors because the bounty hunters are more damaging, write nasty things saying the project is a scam as they haven't received their $1 worth of tokens etc. Reputation is key for success.