Solution how to avoid token dump caused by bounties

[earncrypto]

The solution is so simple and obvious that you will wonder why no one had used it before.

Bounty hunters should be allowed to sell out part of stakes they earned for ETH (or BTC) during the campaign = before token distribution.

Here is the scheme:

[backfirst77]

This is a great one of the solutions to avoid a deep price decline in the consequences of bounty behavior of the hunter. But unfortunately not many Bounty projects use this payment method. It needs to be proposed to CEO of the ICO project to be concerned. Although not only from Bounty only price will be dump, there are still other factors. But this is an early anticipation for the success of an ICO project when listing.

[earncrypto]

This is a great one of the solutions to avoid a deep price decline in the consequences of bounty behavior of the hunter. But unfortunately not many Bounty projects use this payment method. It needs to be proposed to CEO of the ICO project to be concerned. Although not only from Bounty only price will be dump, there are still other factors. But this is an early anticipation for the success of an ICO project when listing.

The reason of why not every ICO/STO uses this model of bounty stakes trading described above is that the Tokpie (a platform that created this solution) select projects to be listed very carefully.

[sunny1356]

Some projects have already started adopting this method. As a matter of fact, they pay directly in ETH, after calculating the stakes.
I still prefer this method, so as to avoid putting blame on bounty hunters.

[kingmaster]

In normal cases, I still believe that dumping caused by bountiers is not too significant for price drops which are very sharp and in long duration because the volume of tokens distributed to bountiers is not too much. At most at 5% of the maximum number of tokens allocated for bounty, even then it is very rare to allocate such a big bounty.

Dump that happened later I guess because of big players with strong capital who can push prices down to the lowest until later then to buy as much as possible after the price really drops far from their selling price at the beginning of dumping. Here there are already get the profits with selling for beginning of dump, not to mention if after the purchase at a very low price then later sold at a fairly high price. It is truly a lucrative business for big capital holders ... ...

[sturec22]

It is kinda funny because more than 95% of the bounties that I have attended in the last 10 or more months have not even been paid yet. So I am just wondering, which bounty dump is this a solution to?

[Unbunplease]

Often I see a picture that the price is reduced by the developers themselves on the exchanges.  This is especially evident in relation to ERC-20 tokens.  As can be seen from the smart contracts, it is the developers who send a huge number tokens on forkdelta and sell them for a pittance.  Bounty hunters are usually just a reason to shield yourself ..

[kent47400]

I just saw this kind of thing that is useful for the future of Bounty Hunter, Traders and Investors, in my opinion this is also worth doing, maybe after I finished following the signature campaign that I follow now in this forum.
But I have to learn more about the bribe, I understand very well the way it works in the picture.

[kingmaster]

It is kinda funny because more than 95% of the bounties that I have attended in the last 10 or more months have not even been paid yet. So I am just wondering, which bounty dump is this a solution to?

Yes agree that most bounty in 2018 as last 10 months or more are not clear whether they succeed in raising the funds or not, if successful projects ICO do not pay bounty hunters as they argue by saying legal department advice but I am not sure.

[kingmaster]

Often I see a picture that the price is reduced by the developers themselves on the exchanges.  This is especially evident in relation to ERC-20 tokens.  As can be seen from the smart contracts, it is the developers who send a huge number tokens on forkdelta and sell them for a pittance.  Bounty hunters are usually just a reason to shield yourself ..

I found this kind of price dump what I assumed was carried out by the project developer. They keep the fund raised for certain expenses but as noticed almost in events participated by the project there are big amount of tokens released into market and increasing circulating supply. This caused price dump systematically.

[sidkz]

No need to blame bounty members for low price of tokens
when tokens appear on the exchange you see how many there are sold

[masterrex]

Its easy to avoid dump? If its true since If we do a simple math Bounty payments is just a small portion of the massive total of coins/token in circulation thats why i dont believe that bounty People is the cause of price dump on any ICO coins/tokens. or they just paid it in Ethereum to avoid the suspected dumping.

[Betim]

I am already familiar with this service, it is a good solution for those who do not wish to wait for receiving tokens and wait for a suitable price in order to sell them later. I am interested in what pricing will be used at the exchange to understand whether it is profitable to sell stakes or it is better to wait for the tokens distribution and then sell them yourself. I think we should try to take part and draw conclusions.

[Zed0X]

I still see an issue why some would not use this method. The problem lies in the vetting of bounty participants. It takes time to check if a participant is honest in a campaign and this is usually done after the campaign.

But I still commend whoever though of this method. This is great for legit hunters, they'll be more motivated knowing they do not have to wait for month.


There is no perfect system anyway.

[kingmaster]

More important thing is a solution how to prevent dump among all project stakeholders (project developer, investor, bounty hunter, trader) as this matter relate with all of them not just bounty hunter.