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Author Topic: token dump, the unwanted consequence of airdrops & bounties  (Read 16535 times)

Jawahara

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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #30 on: September 18, 2020, 09:45:38 PM »
I want to talk about a subject seldom addressed, it is the token dump that follow the airdrops and bounties.

Most ICOs and projects are not aware of this, but seasoned bounty managers and bounty hunters know this very well.
The ICO price will get hammered once the airdrop & bounty are distributed.

Of course how much will depend on several factors:
- Quantity of tokens given to bounty hunters and through airdrops
- Demand price and capacity.

But it is not surprising that the people that got the token for "free" sell them for as low as 1/10th the ICO price.

token dump is the unwanted consequence of airdrops & bounties

This is partly true though. Reason been that i have also seen situation when token price dumped as soon as investors got their tokens from distribution, while bounty/airdrop shares were yet to be distributed. Generally, i feel it all depends on the project team itself. How strong is their marketing as well as usability of their asset.

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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #30 on: September 18, 2020, 09:45:38 PM »


Afreum

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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #31 on: December 01, 2020, 07:19:53 PM »
You have to factor in early dumping into your tokenomics. AIRDOPs do have strategic value if designed well. Its really hard to get critical mass as a new project unless you are well funded.
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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #31 on: December 01, 2020, 07:19:53 PM »
:)

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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #32 on: December 18, 2020, 08:33:19 AM »
I want to talk about a subject seldom addressed, it is the token dump that follow the airdrops and bounties.

Most ICOs and projects are not aware of this, but seasoned bounty managers and bounty hunters know this very well.
The ICO price will get hammered once the airdrop & bounty are distributed.

Of course how much will depend on several factors:
- Quantity of tokens given to bounty hunters and through airdrops
- Demand price and capacity.

But it is not surprising that the people that got the token for "free" sell them for as low as 1/10th the ICO price.

token dump is the unwanted consequence of airdrops & bounties
Airdrops and Bounties paid so much before 2019 but now every one participating in the Airdrops and Bounties getting Peanuts, to Gain at least some money before they converted into Dust everyone selling as it causing a chain reaction panic will start and more Holders are Dumping, It is impacting very badly on the project itself, but before 2019 everyone getting a good amount of tokens some preferred to Hold tokens some preferred to sell.
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Freemind

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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #33 on: December 18, 2020, 02:18:35 PM »
The problem is not just bounty hunters, I think bounty managers should warn project teams of what could happen.

There are various mechanisms to solve this problem:

 1/ Distribute the tokens/coins in several phases (with the consequent anger of the bounty hunters and their FUD).
 2/ Pay the reward in popular tokens/coins (BTC, ETH...).
 3/ Do a buyback program with some incentives.

I'm sure there are more ways to avoid a dump and thus avoid problems, as soon as I can I will expand this post.
« Last Edit: December 18, 2020, 02:20:54 PM by Freemind »
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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #34 on: March 25, 2021, 12:19:24 PM »
All I want to say to people ( Airdrop hunters ) selling coins for few dollars won't change your life, but holding them for long, definitely can make an impact in your life.

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Re: token dump, the unwanted consequence of airdrops & bounties
« Reply #35 on: May 03, 2021, 05:34:24 PM »
honestly i do not think that proportionally the airdropped tokens/coins have as much impact as the seed round tokens dev tokens and all the rest but all the blame is directed on the airdrop and people that instead holding "this great coin" (shit) the are selling it
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